Sector
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Gulf Marine Services secures new contract and extension
Offshore vessel operator Gulf Marine Services has announced that it has won a new contract a Middle East and North…
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OOS orders two semi-submersible crane vessels at China Merchants
OOS International Group has signed a fixed contract with China Merchant Industry Holdings for the engineering and construction of two…
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Wallem responds to sex discrimination allegations
Hong Kong’s Wallem Group has responded to a sex discrimination row that erupted Thursday morning in the UK’s Daily Mail,…
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Vard ups stake in Brazil yard
Vard Holdings has increased its ownership stake in its indirect subsidiary in Brazil, Vard Promar, to 95.15%. Vard Promar, previously…
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Sainty Marine delays restructuring plan
Bankrupt Chinese shipyard Sainty Marine has announced that Nanjing Intermediate People’s Court has approved the company’s request to extend the…
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Sale of LNG distribution arm could net Petrobras around $768m
Petrobras, the corruption-wracked Brazilian state oil firm, stands to make around $768m from the sale of its liquefied natural gas…
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Oil spill near mouth of Mississippi
An oil spill of as much as 4,200 gallons discharged from a well into the Mississippi River near where it…
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Oldendorff fixes Zodiac super-cape on timecharter
Oldendorff has fixed Zodiac Maritime’s super-capesize bulk carrier (206,312 dwt, built 2005) on a five- to seven-month period charter for…
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USCG blames Fennica grounding on outdated charts
The US Coast Guard (USCG) found that out-of-date navigational charts were to blame for the grounding of the icebreaker Fennica…
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Alaskan authorities look into oil spill at Hilcorp terminal
Environmental authorities in Alaska have announced they are investigating an oil spill that occurred last week at Hilcorp Energy’s Drift…
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Another creditor files for THHE Fabricators to be wound up
A third creditor has filed a petition with the Kuala Lumpur High Court of Malaya to wind up THHE Fabricators,…
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Singapore Exchange makes $103m offer for Baltic Exchange
The Singapore Exchange (SGX) is going ahead with the solicitation of support from shareholders in the Baltic Exchange, for which it…
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Container weight verification is for safety, not surcharges, say shippers
The Global Shippers’ Forum (GSF) has blasted shipping lines, forwarders and terminal operators using the mandatory container weight verification process…
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VLCC and ultra-large containership collide in the Singapore Strait
A VLCC owned by Iran’s National Iranian Tanker Company and an MSC ultra-large containership collided in the Singapore Strait late…
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Ron Widdows tipped to take top job at HMM
Industry veteran Ron Widdows is one of the frontrunners for the vacant CEO position at Korea’s Hyundai Merchant Marine (HMM),…
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Stolt-Nielsen chooses Keppel for a pair of new LNG tankers
Oslo-listed Stolt-Nielsen has decided to award the construction of two (with options for further two) LNG tankers with 7,500 cu…
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APM Terminals agrees to pay reparations for bribery offences in Guatemala
APM Terminals (APMT) has taken on a multimillion-dollar reparation payment related to corruption at a terminal in Guatemala, even though…
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Fugro sells Asia Pacific subsea services business
Dutch firm Fugro has divested its subsea services business in Asia Pacific to Australian outfit Shelf Subsea for EUR14m and…
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Market pushes Teekay’s Tanker Investments into a new strategy
Oslo-listed Tanker Investments, Teekay Corporation’s special investment company, has revealed a change of business strategy while releasing its second quarter…
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Court cases rack up against STX Offshore & Shipbuilding
Troubled South Korean shipyard STX Offshore & Shipbuilding has admitted a slew of court cases are heaping pressure on the…
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