Editor’s Picks
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Europe
New contract for Olympic Shipping
Oslo: Olympic Shipping has been awarded a new short period contract for Olympic Taurus to conduct construction work offshore Argentina. In a…
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Asia
MOL confirms 20,000 teu sextet
Tokyo: The rapid escalation in boxship size has seen the 20,000 teu barrier broken officially for the first time. Japan’s…
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Europe
Italian coast guard to carry weapons in response to IS threat
Naples: Italy’s coast guard has passed a resolution to allow its teams to carry weapons, after threats from Islamic State…
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Europe
European owners looking to Asia for financing
Hamburg: Asia continues to gain in importance for the European shipping sector. This is the result of a recent survey…
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Dry Cargo
Clipper Group CEO resigns from Thorco Shipping board
Copenhagen: CEO and partner of Clipper Group Kristian Mørch has resigned from the board of Denmark’s Thorco Shipping, after a dispute…
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Africa
Theodor Buschmann: African expansion
Hamburg: A German shipyard is expanding overseas, establishing subsidiaries in Africa and the Mediterranean and looking for more international possibilities.…
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Asia
Philippines cabotage changes pass first test
Manila: The Philippines senate has approved a bill which allows foreign vessels to call at multiple ports, provided the cargo…
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Asia
New Delhi pledges $160bn investments in shipping and highways
New Delhi: Surface transport and shipping minister Nitin Gadkari has said that the Indian government will invest INR5trn ($80bn) each…
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Asia
Record low rates claim another dry bulk scalp
Seoul: Record weak dry bulk freight rates have claimed a third shipping line victim of the year. Daebo International Shipping…
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Asia
Asia Pacific Connex: Jack-up precipice nearing
Perth: Drillships have already been hit hard by the declining oil price, but the worst is yet to come for…
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Dry Cargo
Weak dry market threatens small shipbroking companies
London: The weak dry cargo shipping market is threatening the earnings of smaller shipbroking companies, which are growing increasingly concerned that…
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Europe
Kanal Istanbul project takes shape
Istanbul: Turkey’s plans are taking shape for construction of the Kanal Istanbul, an artificial waterway built to bypass the Bosporus…
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Asia
Bomb onboard tanker a hoax
Bangkok: The Thai tanker attacked over the weekend and left with what robbers claimed was a bomb onboard has been…
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Contributions
Marketing 101 (Brand Development) for shipping companies
In any industry, business, or profession it is easy to be distracted by the latest sparkly toy. An easy distraction…
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Greater China
Uneasy holidays for many top execs as graft watchdog visits near
Beijing: For many top executives in shipping-related companies heading on their Lunar New Year holidays today, there will be an…
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Europe
Frontline: Opportunities in a low market
Oslo: He might no longer be the ceo of Frontline Management, but as a director at Frontline, Jens Martin Jensen…
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Europe
ABN Amro cooperates with Sinosure
Beijing: Dutch bank ABN Amro has signed a memorandum of understanding with China Export & Credit Insurance Corporation (Sinosure) for…
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Asia
Tanjung Offshore gets new CEO, and another board battle looms
Kuala Lumpur: Yesterday was another day of high drama in the unfolding battle raging at Tanjung Offshore. A new ceo…
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Europe
Major investor tells Stealthgas to boost shareholder value
Athens: One of Stealthgas’ major shareholders has told the chairman of the board that the LPG carrier owner must enhance shareholder…
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Dry Cargo
Major owners form Capesize pool
Athens: Major vessel operators Bocimar International, C Transport Maritime, Golden Union Shipping, Golden Ocean and Star Bulk Carriers have formed…
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