Sector
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Keppel boss says no rigs ordered ‘across the board’ in the first quarter
Singapore: The dramatic fall in oil prices has seen no oil rigs ordered “across the board” in the first quarter,…
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ZPMC to expand shipbuilding facility
Shanghai: Shanghai Zhenhua Heavy Industries (ZPMC), the world leading port machinery builder, is going to expand its offshore shipbuilding facility.…
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Petrobras rejects report it will sell some of its valuable pre-salt assets
San Francisco: Petrobras denied on Thursday newspaper reports in Brazil that it is planning to sell stakes in its valuable…
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US regulator approves west coast ports efficiency-boosting agreement
San Francisco: The US Federal Maritime Commission (FMC) has voted to approve an agreement between west coast ports which should…
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Maersk Oil cuts 200 jobs as oil price declines
London: Maersk Oil has cut 200 jobs in an effort to reduce its operating costs by 20% over the next…
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North Carolina governor slams feds’ proposed buffer for offshore Atlantic drilling
San Francisco: North Carolina’s governor Pat McCrory on Wednesday slammed the US government’s proposed 50-mile buffer zone between the coastline…
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Nordic American Offshore delays PSV deliveries
London: Nordic American Offshore (NAO) has delayed delivery of its two platform supply vessels being built at the Vard Aukra shipyard, Norway.…
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Capital Product Partners equity offering could raise up to $140.3m
London: After announcing a public offering of 12.8m common units in its limited partnership yesterday, Capital Product Partners says the units will…
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Navios fixes a VLCC and two MR2 tankers
London: Navios Maritime Acquisition Corp has fixed a VLCC to Shell and two MR2 product tankers on one-year timecharters. The…
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Jacobsen replaces Ackermann as Evergas CEO
London: Steffen Jacobsen has been named as the new CEO of Evergas, effective May 8. Jacobsen has been vice-president of…
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Anti-drilling activists plan ‘festival of resistance’ against Shell’s Arctic fleet when it’s based in Seattle
San Francisco: Undeterred by the end of Greenpeace’s occupation of a Shell rig in transit across the Pacific, green groups…
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Caravel hunts handymax buys
Hong Kong: The Caravel Group, the shipping and trading group founded by Harry Banga in 2013, is in the market…
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China has “no interest” in funding the Nicaragua Canal
London: Chinese state-owned companies are not interested in getting involved in the Nicaragua Canal construction project, administrator of the Panama…
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Dolphin Geophysical inks deal with TGS
Oslo: Oslo-listed Dolphin Geophysical is mobilising the 7,700 dwt 3D Polar Duchess for a joint venture agreement with TGS to…
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New NYK president demands ‘rational approach’ to fleet development
Tokyo: The new president of Japanese shipping line, Nippon Yusen Kaisha, has vowed to be more prudent when it comes…
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€4.4bn Russian Arctic infrastructure plan
Oslo: The Russian deputy prime minister Dmitry Rogozin has rolled out a €4.4bn Arctic infrastructure plan. The figure was given…
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IMO urged to tackle cyber security issues
London: The roundtable of international shipping associations comprising BIMCO, ICS, Intercargo and INTERTANKO are developing standards and guidelines to address…
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Ezra clinches $55m of new contracts
Singapore: Singapore-listed integrated offshore service provider Ezra Holdings has announced that the group’s subsea service division, EMAS AMC, has won…
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World-Link Communications: Increased costs as demand for data escalates
Framingham: The shipping industry must prepare itself for greater costs for shipboard communications, a leader in the field tells Maritime…
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Falling ship block kills two at Shanghai yard
Shanghai: A falling ship block killed two workers at Hudong Zhonghua Shipbuilding-controlled Jiangnan Changxing Shipyard yesterday. Another two men are…
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