Editor’s Picks
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Asia
Ezra Holdings looks to judicial management after being abandoned by white knight
Hong Kong online regional financial consultancy Asia Fund Space Group has abandoned its plans to acquire new shares in Singapore’s…
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Asia
Fire hits VLCC at Gadani
A major fire erupted onboard a decommissioned VLCC under demolition at Pakistan’s Gadani recycling area yesterday, just days after the…
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Asia
Marinakis orders LNG carrier quartet at Hyundai Heavy
South Korean shipbuilder Hyundai Heavy Industries (HHI) has announced that it has secured a contract from newly formed Evangelos Marinakis-led…
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Europe
Gleamray Maritime puts panamax bulker up for sale
Greek dry bulk owner Gleamray Maritime is looking to sell 2008-built panamax and has engaged Clarksons and Arrow to sell…
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Europe
Vroon sells MPI Offshore to Van Oord
Dutch offshore service provider Vroon has agreed to sell subsidiary MPI Offshore to Van Oord. Van Oord will take over…
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Americas
Dorian LPG shareholder Seacor throws weight behind BW offer
Seacor Holdings, one of the founders and a major shareholder of Dorian LPG, has thrown its weight behind an acquisition…
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Europe
BIMCO and ShipNEXT exchange fire over expulsion
Shipowner organisation BIMCO has expelled the recently launched Ukrainian freight platform ShipNEXT from its membership this week. In turn, the…
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Contributions
China’s decision to reopen mothballed yards: the big picture
Panos Patsadas from Target Maritime Transport fears the People’s Republic new found capabilities to package finance and yard slots together…
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Tech
Unstructured and complex data stifling progress in digitalisation says Shipserv
E-procurment platform ShipServ has detailed the results of a recent survey that showed an industry-wide lack of structured, accurate and…
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Greater China
China moves to reopen shuttered yards
News today that a deal has been brokered to save part of Sinopacific Shipbuilding has some owners on edge that…
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Europe
‘Hapag-Lloyd would rather take over CMA CGM than vice versa’: Klaus-Michael Kühne
CMA CGM has made overtures to German rival Hapag-Lloyd, but the merger talk was flatly rejected. In comments reported by…
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Europe
I.M. Skaugen in ‘massive legal process’ with ex-partner Teekay
Struggling Norwegian gas carrier operator I.M. Skaugen has revealed it has entered a “massive legal process” with an old business…
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Europe
Bourbon suspends debt payments
French offshore vessel owner Bourbon has signed a general waiver with lenders allowing the company to suspend payments servicing the…
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Asia
Sanko left with just six bulkers after LPG pair sold
Japan’s Sanko Steamship has sold its only two LPG vessels according to brokers, leaving it with a fleet of just…
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Europe
DryShips sells VLGCs to exit gas sector
George Econonou’s DryShips has announced the sale of its four VLGCs less than a month after it withdrew a proposed…
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Containers
CMA CGM and Hapag-Lloyd merger speculation dismissed
A Reuters report claiming France’s CMA CGM has been in touch with its Hamburg counterpart Hapag-Lloyd over a possible merger…
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Containers
Call for political intervention to resolve state funding of containerlines
More than two thirds of Splash readers to date concur with the heads of Maersk and MSC that state funding…
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Asia
Eastern Pacific Shipping puts handysize fleet up for sale
Idan Ofer’s Eastern Pacific Shipping has put its fleet of four handysize bulkers up for sale. Brokers are circulating the…
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Europe
Gestioni Armatoriali fleet goes to Deutsche Bank and Attestor Capital
The entire fleet of Ravenna-based Gestioni Armatoriali, made up of nine bulkers and three tankers, will be transferred to Deutsche…
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Europe
Economou’s TMS Group signs scrubber deal for 53 vessels
George Economou’s TMS Group has signed a major deal with South Korean equipment company Panasia to acquire scrubber systems for…
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