Editor’s Picks
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Asia
Kambara Kisen offloads fourth ship in the space of a month
Japan’s Kambara Kisen is shedding dry bulk tonnage fast. Splash understands the owner, which also controls Tsuneishi Shipbuilding, has just…
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Americas
June 26 set for inauguration of Panama Canal’s expansion project
The Panama Canal Authority (ACP) on Tuesday announced that the huge, much delayed and over-budget expansion of the Canal will…
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Gas
Woodside’s Browse LNG project suspended
Woodside has confirmed the Australian Browse LNG development has been suspended amid the current challenging market conditions. The huge development…
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Dry Cargo
Oldendorff buys and sells
Brokers report the German powerhouse Oldendorff has just offloaded the 53,700 dwt Sapphire Seas, built 2005. The ship comes from…
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Contributions
Cyber security roundtable highlights range of concerns
Details from a KVH convened cyber security gathering earlier this week. KVH Industries hosted maritime industry leaders for a frank…
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Asia
P&I clubs raise reinsurance to $580m per tanker for Iranian crude
Ongoing trade sanctions on Iran by the US have created a $500m gap in third-party liability insurance and pollution cover…
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Americas
The curse of the Commodore’s hat
Got shares in Euronav? Sell them today! The current darling of tanker stocks might just have revealed very solid results…
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Asia
Hyundai Motor will not ride to HMM’s rescue
Hyundai Motor has steered clear of being drawn into any rescue package for ailing shipping line, Hyundai Merchant Marine (HMM).…
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Greater China
Possible détente reached in Evergreen succession battle
The succession war at Evergreen Group might end soon as Chang Kuo-wei, the youngest son of the late Evergreen chairman…
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Americas
Roger Agnelli, the valemax creator, dies in a plane crash
The man responsible for giving the dry bulk industry the valemax died on the weekend in a plane crash. Roger…
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Asia
Maritime CEO Forum: Would President Trump be good for tankers?
Singapore: As any conference organiser will tell you, getting audience participation is both vital and tricky. When, however, you have…
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Asia
Maritime CEO Forum: ‘Dry bulk charterers living in a fool’s paradise’
The dry bulk session at yesterday’s Maritime CEO Forum took charterers to task for seeking ever-cheaper rates and thus endangering…
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Europe
Transport leaders sign up to fight illegal wildlife trafficking
The signing of a new declaration at Buckingham Palace yesterday committing the leaders of the global transportation industry to major…
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Dry Cargo
Su takes BHP Billiton to court for creating a ‘false and misleading’ iron ore market
Nobu Su, the embattled Taiwanese tycoon, is determined to take on some of the biggest names in the corporate world.…
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Asia
Capesize/panamax ratio at an all-time low
The capesize/panamax ratio is at an all-time low, the Singapore Exchange has noted in a recent report. “In recent weeks,…
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Asia
Why owners must embrace sustainable ship recycling
Dr Anil Sharma, president and CEO of GMS, the world’s largest cash buyer of ships, writes exclusively for Splash. Ship…
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Dry Cargo
Paragon Shipping sells off entire fleet, cancels ultramax and delays three kamsarmaxes
Nasdaq-listed Paragon Shipping has agreed with its banks to sell off its entire fleet, made up of six dry bulk…
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Asia
DSME to let go of 12,000 staff
Financially struggling Korean yard Daewoo Shipbuilding & Marine Engineering (DSME) will slash its workforce by 12,000 to 30,000 by 2019.…
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Greater China
Unfinished STX Dalian valemax sells for just $16.8m
Bankrupt shipyard STX Dalian is still making efforts to sell its assets in order to repay debts. It has sold…
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Operations
Future of Shipping Poll results
Results from our third annual Future of Shipping Poll have been revealed in the latest issue of Maritime CEO magazine,…
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