Malta
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Dry Cargo
James Lightbourn joins Sterling Shipping as partner
Christopher Fjeld-led bulker play Sterling Shipping has welcomed James Lightbourn as a partner and chief financial officer. Most recently Lightbourn…
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Tech
RightShip to acquire Thynk Software’s maritime tech business
Digital maritime platform RightShip has agreed to acquire the maritime technology business of product development and software consultancy Thynk Software.…
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Containers
Admiral adds to its ranks with boxship purchases
Admiral Container Lines, a carrier focusing on routes between Israel, Turkey and the Black Sea, has bought the 990 teu…
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Finance and Insurance
Bank of Valletta seeks €50m out-of-court settlement with out-of-pocket Deiulemar bondholders
Malta’s Bank of Valletta has offered a €50m ($59m) out-of-court settlement to Italian bondholders of defunct Deiulemar, in return to…
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Europe
Maltese armed forces intercept hijacked bunker tanker
Maltese special armed forces have intercepted the bunker tanker , which was hijacked by a group of migrants off Libya,…
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Europe
Hijacked bunker tanker headed for Malta
Bunker tanker has been hijacked by a group of migrants off Libya and is headed for Malta, local newspaper MaltaToday…
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Europe
Maltese Falzon swoops for elderly tanker
Malta-based Falzon Group is adding an elderly tanker to its fleet. Brokers are reporting that in the chemical sector the…
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Europe
Valloeby in for Chinese-built LR1
Germany’s Chemikalien Seetransport has sold the dirty trading LR1 tanker to Malta-based Valloeby Shipping for a touch above $13m. The…
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Europe
Norden sells product tanker for $14m
Malta’s Valloeby Shipping has taken the 10-year-old, Chinese built product tanker from Norden for $14m. The Chinese-built 38,461 dwt ship…
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Europe
Vessel capsizes in Valetta harbour after allision with K Line ship
A fish farm vessel capsized in Grand Harbor in Valetta, Malta after being hit by a K Line heavy-lift vessel,…
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Containers
Workers walk out at Malta Freeport
Activity at parts of Malta Freeport has been halted after workers walked out in protest last night over scheduled annual…
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Europe
Esa to relocate shipmanagement from Italy to Malta
The Italian shipping cluster will lose one of its most important shipmanagement companies based in Genoa. From January 1 next…
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Bunkering
Another ship flees Malta without paying for its bunkers
A Turkish general cargo vessel has departed from Malta without paying for the bunkers it took on while in port…
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Europe
Fatal stabbing of Filipino seafarer was suicide, says shipowner
Athens: The fatal stabbing of a Filipino seafarer onboard a containership is thought to have been a suicide, the vessel’s…
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Dry Cargo
Bank of Valletta could be held to account for Deiulemar’s fraudulent bankruptcy
London: Italian dry bulk giant Deiulemar fraudently declared bankruptcy in 2012, owing over €800m, and now its financiers are facing legal…
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Europe
BOA reflags vessel
Oslo: Norwegian offshore specialist BOA has reflagged home one of its anchor handling supply vessels, Boa Bison, from Malta. The…
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