Sector
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Port Klang hit hard by alliance changes
The Malaysian government’s dramatic plans to massively ramp capacity at its ports, especially Port Klang, now look questionable as the…
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Fire on tanker kills five workers at ASL Marine yard in Batam
Singapore’s ASL Marine Holdings says that a fire on a tanker at its shipyard in Batam, Indonesia on Thursday has…
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Bunkering platform launches with Richard Hext among its investors
In the space of just two weeks a couple of bunker broking platforms have launched in London. First came BunkerEx…
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MPC Container Ships raises another $100m for fleet expansion
MPC Container Ships has raised $100m after completing the issuance of a new senior secured bond, which the company said…
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JP Morgan takes another two capes on subjects
In what Clarkson Research is describing as a “headline deal” JP Morgan has take on two modern sister capes subjects…
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India takes steps to address abandoned seafarers
Amid continued, almost daily reports of crew abandonment worldwide, India’s directorate general of shipping has set up a call line…
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Bust shipowners do a runner with auctioned off bulker
A bulker owner in China did a runner on Friday – with his ship – in a move that saw…
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Premier Oil takes Vroon ERRV for five years
Dutch shipowner Vroon has won a five-year charter from Premier Oil for emergency response and rescue vessel . The charter…
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Fuchuan Investment orders SOV at Mawei Shipbuilding
Fujian Fuchuan Investment, the investment unit of Fujian Shipbuilding Industry, has placed an order at Fujian Mawei Shipbuilding for the…
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Oil spotted in Saronic Gulf as 45-year-old tanker sinks
Authorities around the Saronic Gulf to the south of Piraeus in Greece spent Sunday trying to contain what could be…
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Diana Shipping fixes panamax bulker to DHL
Greek dry bulk owner Diana Shipping has doubled its money with a new time charter contract for 2013-built panamax .…
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US temporarily waives Jones Act for areas impacted by Hurricanes Irma and Harvey
The US government has waived Jones Act regulations to ensure enough fuel supplies in areas affected by the ongoing Hurricane…
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Phillips 66 cancels request for Jones Act exemption related to Hurricane Harvey
Houston, Texas-based refinery company Phillips 66 has cancelled its request for an exemption from Jones Act rules, which it made…
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Bertram Rickmers taps Zeaborn to keep shipping ambitions alive
Bertram Rickmers has found a way to keep his shipping ambitions alive. The famous Hamburg owner has teamed up with…
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Desperate Nam Cheong chairman throws his own money into the pot
With the grim prospect of liquidation being banded around, leading Malaysian shipbuilder Nam Cheong’s executive chairman has stepped into the…
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Management shuffle at Bourbon
Proving once again that loyal seafarers can come ashore and rise to the very top of shipping organisations, Bourbon has…
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Pacific Radiance commences debt restructuring discussions
Singapore OSV owner Pacific Radiance says it has commenced debt restructuring discussions with its bank lenders. Pacific Radiance indicated in…
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Study maps correlation between busy shipping lanes and more intense thunderstorms
A study led by scientists at the University of Washington claims ship emissions bring more intense lightning and thunderstorms above…
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85% of refiners struggling with looming 2020 sulphur cap
Refiners around the world are struggling to come to terms with impending sulphur cap rules on ship fuel, the International…
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Shoei Kisen offloads another handy bulker
Japanese shipping giant Shoei Kisen continues to prune its stock of handy bulkers, offloading the 2008-built, 28,300 dwt to little…
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