Sector
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Restrictions lifted on Corpus Christi Ship Channel
Authorities have removed almost all of the vessel restrictions that were imposed on Corpus Christi Ship Channel in the wake…
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PMSA says LA and Long Beach’s clean-air drive will hurt competitiveness
A group representing port terminal operators and ship owners on the US west coast is calling for the Ports of…
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Senator McCain introduces bill to exempt Puerto Rico from the Jones Act
US Senator John McCain has introduced a bill to make permanent Puerto Rico’s temporary exemption from the Jones Act, which…
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USCG to announce findings of its El Faro investigation on Sunday
The US Coast Guard’s (USCG) Marine Board of Investigation (MBI) on Sunday is going to release the report and findings…
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Six former Rizhao Port officials given jail time
A court in Rizhao has sentenced six former officials of Rizhao Port Group to jail for corruption. The six defendants…
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Triple acquisition takes MPC Container Ships fleet to 23 in just five months
The remarkably rapid buildup of the MPC Container Ships fleet continues apace. The Oslo-listed company, founded this year, has taken…
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Today’s bargains, tomorrow’s noose
Shipping’s simple, especially dry bulk – one good year, two years bad. That was the advice I was given as…
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Chinese ship finance to the fore
Jason Jiang identifies key trends in the emerging powerhouse of maritime capital. In the past few years, the international shipping…
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Scorpio Tankers clinches sale and leaseback deal with Bocom Financial Leasing
Monaco-headquartered owner Scorpio Tanker has reached an agreement with China’s Bank of Communications (Bocom) Financial Leasing for five 2012-built product…
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Norwegian government chips in $17m to help build world’s first autonomous boxship
The Norwegian government enterprise Enova has decided to grant NOK133.6m ($16.83m) to Yara to build the world’s first electric and…
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Augustea to invest $70m in new Pakistan coal transhipment project
Augustea Group of Italy will be the maritime branch of a new project soon to be launched by China Power…
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Shreyas Shipping acquires two secondhand vessels
Indian container feeder operator Shreyas Shipping & Logistics has signed memorandum of agreements for the acquisition of a 650 teu…
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TechnipFMC awarded Peregrino EPCI contract by Statoil
Offshore services giant TechnipFMC has been awarded an engineering, procurement, construction and installation contract by Statoil for work offshore Brazil.…
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Trump rescinds Jones Act for 10 days to help hurricane-hit Puerto Rico
President Donald Trump has finally ordered the Jones Act to be waived for 10 days for shipments to hurricane-hit Puerto…
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Brazil’s 14th oil rights auction fetches record bids
Brazil’s oil regulator ANP on Wednesday presided over an oil and gas rights auction that included some record-setting bid amounts.…
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Two workers killed in Gangavaram port accident
Two contract workers were killed in an accident during cargo loading operations at India’s Gangavaram port on Wednesday. Another three…
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BW VLGC prepares to depart India eight months after costly collision
Eight months after it collided with a product tanker sparking an environmental catastrophe on beaches neat Chennai, the VLGC is…
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Awilco becomes world’s newest container shipowner
Container shipping has a new owner hailing from Oslo. Awilco Container has debuted as a non-vessel operating owner, taking four…
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DVB Bank up for sale
One of the world’s most famous names in ship finance could be sold off. Reuters is reporting that Germany’s DZ…
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China cancels one third of domestic iron ore mining licenses
In an important fillip for capesize owners, China is cancelling roughly one third of its domestic iron ore mining licenses,…
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