Editor’s Picks
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Europe
Viking Supply Ships raising funds after covenants breached
Viking Supply Ships has announced that it is in breach of its covenants under loan agreements with its banks. Citing…
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Bunkering
Three reasons to reconsider digital bunker procurement
Danny Soos, the CEO and founder of new bunker broking platform OilFront, suggests how we go about sourcing fuel for…
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Europe
Scorpio Bulkers back in buying mode, takes six Golden Ocean ultramaxes
Scorpio Bulkers is back in buying mode. After more than two years of scaling back its fleet and waiting on…
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Asia
Polaris Shipping in for up to fifteen VLOCs at Hyundai Heavy
South Korean owner Polaris Shipping is close to clinching a deal with compatriot shipyard Hyundai Heavy Industries (HHI) for the…
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Asia
‘SGX and Baltic is essentially a combination of dry bulk and freight’
The head of the Singapore Exchange (SGX) has outlined how he sees London’s Baltic Exchange working in combination with its…
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Asia
Meghna’s latest supramax buy clearly illustrates rising bulker prices
Clarkson Research has clearly illustrated how secondhand bulker prices have risen in the past 12 months. Aggressive Bangladeshi owner Meghna…
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Europe
MSC comes in for giant eleven 22,000 teu ship order at DSME
Mediterranean Shipping Corporation (MSC), the world’s second largest containerline, has confirmed orders with South Korea’s Daewoo Shipbuilding & Marine Engineering…
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Europe
Maersk launches financial transactions platform
Maersk’s rapid digital transformation continues apace with news Denmark’s companies register recorded on Tuesday a notable new corporate formation. GateTu…
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Asia
Keppel bets on seaborne data centres
Keppel, the giant Singapore conglomerate involved in multiple industries from property through to telecoms and shipbuilding, has seen a possible…
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Contributions
Shipping needs to share more information on accidents
Valerie Lim from Helix PR argues the industry could benefit by being more open about mishaps at sea. It’s usually…
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Europe
A.P. Møller Holding buys Maersk Tankers for $1.17bn
A.P. Møller – Mærsk has taken another important step on the path to becoming a pure container play. The giant…
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Europe
Boardroom bust-up sees Aschmann quit Bernhard Schulte Shipmanagement
The head of one of the world’s largest shipmanagers has resigned following what Splash understands was a boardroom bust-up over…
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Americas
20 valemaxes ordered at Chinese and South Korean yards
Brazilian iron ore miner Vale has started a new round of shipping capacity expansion via COA deals with South Korean…
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Asia
HMM stands out as only carrier to fail to secure higher rates in Q2
With interim results in for the leading containerlines around the world, one company sticks out for its failure to make…
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Americas
Ocean Rig shares set to plunge after announcing mother of all reverse stock splits
George Economou’s Ocean Rig, which filed for Chapter 15 bankruptcy protection in March, has announced a 1 for 9,200 reverse stock…
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Asia
End game approaches for Varun Shipping
A serial crew abandonment offender is on the ropes once again. The majority of the gas carrier fleet of the…
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Shipyards
Demo rates close in on $450 per ldt
Aggressive Pakistani buyers are pushing demo rates into territory not seen for years. The scrapping of the 151,102 dwt Silver…
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Containers
IUMI calls for better firefighting systems onboard bigger boxships
With the growing size of container vessels, and a recent spate of fires onboard these ships, the International Union of…
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Contributions
Power of the brand still eluding many in shipping
Amie Pascoe, director at PR firm BLUE Communications, reports from a recent breakfast debate on maritime and brand building. Are…
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Finance and Insurance
Underwriters struggling to cover their obligations: IUMI
“Continuing uncertainty is the only certainty for marine underwriters,” a senior member of the International Union of Marine Insurance (IUMI)…
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