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Stricken tankers and crew reported safe in UAE waters
The two tankers and their crew involved in dangerous strikes while transiting the Strait of Hormuz last Thursday arrived safely…
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KSS Line orders VLGC pair at Hyundai Heavy
South Korean tanker operator KSS Line has placed an order at Hyundai Heavy Industries for the construction of up to…
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GasLog Partners seals new long-term charter with Gunvor
Monaco-headquartered LNG shipowner GasLog Partners has fixed 2013-built 155,000 cbm LNG carrier to Gunvor subsidiary Clearlake Shipping on a three-and-a-half-year…
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Diana Shipping offloads ageing panamax bulker for $6.4m
Simeon Palios led Greek dry bulk owner Diana Shipping has sold 2004-built panamax vessel to an unaffiliated third party for…
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Mermaid Maritime secures new $65 loan to extend financing of DSV pair
Thailand’s Mermaid Maritime Public Company subsidiary Mermaid Subsea Services has secured a $65m loan facility with the Export-Import Bank of…
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Sentence extended for man who brought down the world’s largest bunker supplier
A Danish high court on Friday extended the sentence against the infamous bunkering executive Lars Møller. The former manager of…
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Cosco forms cement shipping partnership with Conch
Cosco Shipping Bulk has signed a strategic agreement with Conch Logistics, the logistics unit of China’s largest cement producer Anhui…
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Conflicting reports add to tension in wake of Hormuz attacks
Amid heightened tension in the Middle East today there are conflicting reports on what happened to the Front Altair and…
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Bankruptcy looms as no takers vie for Sungdong
Sungdong Shipbuilding & Marine Engineering, once one of the top 10 largest shipbuilders in the world a decade ago, is…
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George Economou moves to take full control of DryShips
George Economou’s Nasdaq-listed shipowning company DryShips has announced that it has received an offer letter from SPII Holdings, a company…
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Open-loop scrubbers, science and the Japan report
Greg Atkinson from Japan’s Eco Marine Power takes issue with the Japanese government’s approval of open-loop scrubbers. “For a successful…
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MSC completes deal for 49% of Messina Group and four conro ships
Gianluigi Aponte’s Italian holding company Marinvest and Messina Group have formally signed an agreement which makes MSC the new owner…
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DFDS and Volvo trial autonomous trucking solution to Gothenburg port
Ferry operator DFDS is taking autonomous transport shoreside. The Danish company has entered into a collaboration with Volvo Trucks concerning…
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Global Ship Lease seals news charters with Maersk and MSC
London-based containership owner Global Ship Lease has announced two new charters for two of its vessels, one with Maersk and…
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Ningbo Marine sends more vessels to scrap
Chinese bulker operator Ningbo Marine Ningbo Marine has sold its 1986-built 26,900 dwt handysize bulker Fu Xing 12 to individual…
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Subsea 7 awarded Johan Sverdrup contract by Equinor
Subsea 7 has been awarded a contract by Equinor for the Johan Sverdrup Phase 2 project in the North Sea,…
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Seafarers on edge following latest Middle Eastern tanker attacks
Seafarers face an anxious few months ahead transiting the Strait of Hormuz, a kew Middle Eastern waterway where vast volumes…
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China Ocean Industry disposes of major stake in Huakai Heavy Industry
Chinese shipbuilding group China Ocean Industry has entered into an agreement with Nantong Huachuan Transport Equipment for the sale and…
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OSM to manage Fredly’s new VLCCs
Arne Fredly has decided to go with a local company to manage his fleet of newbuild VLCCs. Norway’s OSM Maritime…
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Tankers torpedoed in the Middle East
Two tankers have been targeted this morning while transiting waters near to Fujairah. Frontline’s fully laden LR 2 was hit…
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