Sector
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MEPC chairman comes in for criticism
Of the more dry topics being discussed at the headquarters of the International Maritime Organization (IMO) in London this week…
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Klaveness Combination Carriers to list in Oslo
Norwegian company Klaveness Combination Carriers (KCC) is going to list on the Oslo Stock Exchange in about a week, after…
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Struggling Helsinki shipbuilder gets new Russian owners
A Russian-controlled shipyard in Helsinki is set to change hands for the third time this decade in the coming days.…
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Extra security measures in place for ships heading through the Strait of Hormuz
Shipowners and shipmanagers are taking extra security measures when transiting the Strait of Hormuz and around the key bunkering hub…
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Joint War Committee to hold urgent talks on the back of Fujairah attacks
Shipowners should brace for higher insurance premiums for ships transiting the Middle East. The Joint War Committee (JWC), which comprises…
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Maersk rejigs inland services division
APM Terminals Inland Services will be integrated into Maersk Logistics & Services from August 1 in the next step of…
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Cosco takes control of Hainan Harbor and Shipping Holding
Chinese state-run shipping conglomerate Cosco is going to take control of Hainan Harbor and Shipping Holding as part of the…
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Weekly Broker: Sales candidates proliferate
The sale and purchase market has experienced a good week for concluded volumes in both the bulker and tanker sectors.…
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Harry Vafias pounces for bargain cape
Harry Vafias has bagged a bargain capesize. Multiple shipbroking sources link the Greek owner to the 2005-built, 176,300 dwt capesize…
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Pavimar acquires Triton Navigation panamax pair
Greek dry bulk outfit Pavimar has acquired a pair of Sanoyas-built panamaxes from Triton Navigation, the Netherlands-based owner connected to…
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Heerema awarded offshore wind contract by Petrofac
Heerema Marine Contractors has been awarded a contract by Petrofac for the TenneT’s Hollandse Kust Zuid (HKZ) Alpha offshore wind…
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MOL books another LNG carrier at DSME
Japanese owner Mitsui OSK Lines (MOL) has placed an order for a 176,000 cu m LNG carrier at South Korean…
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DSIC moves to enter large LNG carrier market
Dalian Shipbuilding Industry (DSIC), the flagship yard of China Shipbuilding Industry Corporation (CSIC), has started a research and development program…
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FTAI to upgrade OCV with addition of well intervention tower
UK-based engineering and manufacturing company Osbit has secured a contract from Fortress Transportation and Infrastructure Investors (FTAI) to construct and…
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Ningbo Marine sends elderly handy bulker to scrap
Chinese dry bulk shipping operator Ningbo Marine has sold its 1986-built handysize bulker for demolition. The 27,400 dwt vessel has…
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‘Faulty’ top loader kills dockworker in LA
A dockworker died yesterday morning and another suffered severe injuries in an accident involving a top loader container handler at…
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Grimaldi car carrier Grande Europa catches fire in the Mediterranean
A few weeks after the sinking of con-ro Grande America off the French coast due to a fire, another vessel…
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Yang Ming sets up Indonesia unit
Taiwanese containerline Yang Ming has announced that it will form a new subsidiary with partners in Jakarta. The new unit…
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Temasek subsidiary revealed as PIL backer
It has emerged that funds linked to Singapore’s sovereign wealth fund Temasek Holdings have come to the rescue of the…
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Kaptanoglu and Chao become first women to head BIMCO
One of the world’s most influential shipping organisations finally has a women in charge. Şadan Kaptanoğlu, managing director of Istanbul-based…
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