Sector
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Survey highlights why enclosed space deaths remain alarmingly high
Seafarers and dock workers are still dying while working in enclosed spaces onboard vessels because there is not enough understanding…
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Sinokor swoops for five classic panamaxes
Splash can reveal the buyers of a swathe of Japanese boxship tonnage reported sold in yesterday’s Weekly Broker S&P roundup.…
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Neptune Dry snaps up a second ultramax from KN Maritime
Melina Travlos and her dry bulk outfit Neptune Dry Management have returned to Japan’s KN Maritime to acquire their second…
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Diana Shipping finds new charter for panamax bulker at reduced rate
Greek dry bulk owner Diana Shipping has sealed a time charter contract for 2007-built panamax vessel with Ausca Shipping in…
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TGS to acquire Spectrum
Norwegian seismic specialist TGS-NOPEC Geophysical has agreed a deal to acquire Spectrum, who owns the world’s largest 2D library. TGS…
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Island Drilling rig awarded one-well contract by Faroe Petroleum
Norway’s Island Drilling has been awarded a contract by Faroe Petroleum Norge for the utilisation of 2012-built semi-submersible rig Island…
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UK tipped to lead shipping’s hydrogen drive
The UK’s Committee on Climate Change (CCC), the government’s official advisory body, yesterday recommended it adopt a “net zero” goal…
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Green ammonia touted as shipping’s silver bullet to decarbonise
A new report suggests green ammonia can be shipping’s silver bullet towards decarbinsation. International shipping can meet its target of…
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Maersk invests in digital freight forwarder
FreightHub, Europe’s first digital freight forwarder, has raised $30m in its Series B financing round. Rider Global, a venture fund…
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Box rates slide in April
After two months of steady increases in long-term contracted rates for containership operators, the latest XSI Public Indices report from…
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Shipping’s Uber moment far off
Mr Prospector doesn’t mind taking a few cheap shots at the broking community, but admits their role in the industry…
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Weekly Broker: Boxship sales soar
The dry bulk market is seeing a slight and slow recovery and upward trend in the past week, particularly in…
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Genco puts seven supramaxes on the market
New York-headquartered dry bulk shipowner Genco Shipping & Trading has placed seven of its supramax bulkers up for sale. Brokers…
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Landmark ship-to-ship LNG bunkering operation celebrated in Singapore
Pavilion Energy has performed the first commercial ship-to-ship LNG bunkering in the Port of Singapore. The operation, the first of…
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Thygesen to chair Maersk Supply Service
Henriette Thygesen, a 25-year Maersk veteran, has been tapped to lead the company’s 44-strong fleet of offshore support vessels. Thygesen,…
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Oceaneering secures rig support contract from Wintershall
Houston-based Oceaneering International has been awarded a drilling and completion support contract for integrated services with Wintershall Norge. The contract…
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Gulf Drilling and Northern Offshore the winners as Qatar Petroleum awards eight jackup contracts
Qatar Petroleum has announced the award of contracts for a total of eight jackup drilling rigs required for the North…
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Huge swathe of the merchant fleet predicted to fail to be ready for the sulphur cap
A very significant swathe of the global merchant fleet will be non-compliant during the first year of the sulphur cap,…
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Cape surge brings Baltic index back above 1,000 points
After spending 69 days below 1,000, the Baltic Dry Index is back above the psychological mark, closing on Tuesday at…
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Westgarth replaces El-Mokadem as CEO of V.Group
Less than two years after he was appointed CEO, V.Group has announced that Ian El-Mokadem is leaving the company. El-Mokadem…
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