Editor’s Picks
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Americas
Greenpeace bridge danglers earn a victory as Shell icebreaker turns back to dock in Portland
Greenpeace’s inventive bridge-dangling action gained a temporary victory on Thursday morning when the protest seemed to force Shell-hired icebreaker Fennica…
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Dry Cargo
CMES pays Vale $448m for four valemaxes
Vale says it expects to get a combined $448m for the sale of four of its 400,000-dwt Valemax very large…
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Asia
Jakarta imposing oil export ban
Sweeping changes to Indonesia’s oil regulatory framework are likely to massively impact Southeast Asian tanker trades. Jakarta has moved today…
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Europe
Shell slashes 6,500 staff
The protracted downturn in oil prices is seeing another energy major make swingeing cuts to its global workforce. Royal Dutch…
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Americas
Matson slapped with $15m fine for giant molasses spill
Matson Navigation has agreed to fork out $15m to pay for a 2013 molasses spill in Honolulu. The fine is…
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Contributions
Chinese equity collapse has not hit iron ore prices
Jeffrey Landsberg from Commodore Research is bullish for capesizes in the second half. While this week’s latest round of severe…
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Europe
SBM Offshore completes its largest project financing
SBM Offshore has completed the project financing of FPSO Cidade de Saquarema for a total of $1.55bn, the largest project…
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Asia
Pan Ocean to become ‘Korean Cargill’
Seoul: Pan Ocean could become South Korea’s version of global commodities giant, Cargill, says its new boss. Speaking at an…
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Greater China
Japan’s big three lines facing more car carrier investigations
Beijing: Japan’s big three shipping lines face more headaches from a spiralling car carrier price fixing row. Bloomberg is reporting…
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Asia
Samsung Heavy Industries tipped to take over Sungdong
Seoul: Korean shipbuilding heavyweight Samsung Heavy Industries is being widely tipped in Seoul business circles at taking over the management…
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Americas
Main work on Nicaragua Canal due to start by year-end
San Francisco: The main work on the Chinese backed Nicaragua Canal will start at the end of this year, a…
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Asia
Singapore shipping firm blacklisted by US over North Korean weapons smuggling
Singapore: A Singapore-based shipping company, Senat Shipping, has been blacklisted by the US Treasury Department for alleged involvement in a…
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Europe
Romania’s largest shipyard faces liquidation in wake of DSME’s demise
Seoul: Financially troubled Korean shipbuilding giant Daewoo Shipbuilding & Marine Engineering (DSME) will be forced to liquidate its overseas subsidiaries…
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Europe
Sea World Management: A dip into a pool likely
Monaco: In 2015 Monaco-based Sea World Management is emerging as one of the shipping operators most active on the S&P…
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Contributions
What it takes mentally to ably steer a ship from point A to point B
Turloch Mooney reports from Hong Kong’s Wah Kwong headquarters on the results of a pilot training program to address mental…
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Americas
US and Cuba shipping bill clears first committee hurdle
Washington: Restrictions on shipping, trade and citizens’ travel between the US and Cuba came closer to being loosened on Thursday…
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Operations
Splash Jobs launched
Singapore: Today sees the launch of Splash Jobs, a unique, free recruitment addition to the world’s fastest growing shipping…
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Containers
Borealis and KKR add 18 vessels with Hanseatic Ship Asset Management acquisition
Hamburg: London-headquartered Borealis Maritime and US global investment firm KKR have acquired Hanseatic Ship Asset Management from Commerzbank for a…
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Containers
CMA CGM vessel to call at Iran next month
Dubai: Iran’s release from its onerous sanctions is seeing the world’s containerlines rush to call at the Middle Eastern state.…
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Operations
Crew on detained ship in NZ finally get some back pay
Sydney: Another tale of unpaid crew has hit the headlines Down Under. Lancelot V, a Greek-owned and Panamanian flagged bulk…
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