Seadrill Delays Newbuilds amid Challenging Market

Seadrill Delays Newbuilds amid Challenging Market

Offshore drilling company Seadrill has delayed deliveries of two drillships currently under construction for two ...

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Odfjell Posts Best Quarterly Performance since 2008

Odfjell

Norwegian shipping and tank terminal company Odfjell said that it has posted the best quarterly operational ...

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Petrobras Fuel Tank Blast Kills Two Workers

Vitória Terminal

Two workers were killed in an explosion on Wednesday, August 26, at a fuel-unloading terminal used by a unit of ...

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Port and Government Officials Probed over Tianjin Blasts

Port and Government Officials Probed over Tianjin Blasts

Chinese prosecutors have started investigations against eleven current and former government and port officials for ...

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Hunger Strike at APMT Mumbai Ends

APMT Mumbai

A hunger strike at Gateway Terminals India (GTI) Mumbai that lasted for 17 days has come to an end after management ...

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Chartering of LNG Shipping Weakens Further in Q2

Q2 Marked by Weak Market for Chartering of LNG Shipping

The market for chartering of LNG shipping deteriorated further during the second quarter of 2015, Golar LNG said in ...

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Uni-Asia and Yamasa Team Up to Buy Four Bulkers

Uni-Asia and Yamasa Team Up to Buy Four Bulkers

Hong Kong-based ship owner and charterer Uni-Asia Holdings Limited has entered into four agreements with its ...

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Golden Ocean Sinks Further into Red

Golden Ocean Sinks Further into Red

Norway based dry bulk shipping company Golden Ocean Group Limited (GOGL) posted a net loss of $33.5 million for the ...

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Spotted: Sakhalin Enters 1K Club

The offloading of 1000th LNG cargo from Prigorodnoye port

Sakhalin Energy, the operator of Russia’s first LNG plant, offloaded the 1000th standard cargo of liquefied ...

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DP World’s Earnings Up by 22 Pct

DP World's  Earnings Up by 22 Pct

Global marine terminal operator DP World reported strong financial results from its global portfolio of marine ...

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Two Injured in Gas Pipeline Blast off Louisiana

Two Injured in Gas Pipeline Blast off Louisiana

Two men were injured yesterday evening when a natural gas pipeline their Dive Support Vessel (DSV) was working on ...

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G6 Starts Gothenburg Calls

G6 Starts Gothenburg Calls

The G6 alliance of container lines has started calling at Port of Gothenburg today through a new weekly direct ...

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OOCL Names Its Latest Trans-Pacific Bound Boxship

OOCL Genoa

Hong Kong-based container shipping  company Orient Overseas Container Line (OOCL) has named its latest 8,888 TEU ...

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Malaysia, Indonesia Forming Special Anti-Piracy Teams

Malaysia and Indonesia Forming Rapid Response Teams to Fight Piracy

Indonesia and Malaysia have agreed to form rapid response teams to tackle the growing number of hijackings and ...

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Turmoil in China Not Good for Shipping Market

Turmoil in China Not Good for Shipping Market

Norwegian-born oil tanker and shipping magnate John Fredriksen voiced his worries over the impact the turmoil ...

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Sanmar to Build Svitzer Sextet

Sanmar to Build Svitzer Sextet

Maersk Group’s salvage and towage subsidiary Svitzer has signed a newbuilding contract with Sanmar Shipyard ...

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Hyundai Heavy Workers Stop Work over Wage Freeze

Hyundai Heavy Workers Stop Work over Wage Freeze

Around 3,500 workers at South Korea’s shipbuilding giant Hyundai Heavy Industries (HHI) staged a three-hour ...

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Merger with CSAV a Home Run for Hapag-Lloyd

Merger with CSAV a Home Run for Hapag-Lloyd

German container line Hapag-Lloyd has managed to shake off EUR 173.3 million loss recorded in the first half of ...

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Clipper Takes Two Ultramaxes at Sainty

Clipper Takes Two Ultramaxes at Sainty

Denmark’s Clipper Group has purchased two 64,000 dwt SDARI64 newbuilding bulk carriers being built by Sainty ...

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Delivery of ULCSs Set to Slow Down in 2016

Barzan

The steady flow of ultra-large containerships (ULCS) into the Asia-Europe trade will ease briefly in 2016, as the ...

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Ulstein Launches Its Largest Offshore Vessel Yet

ulstein

  On Tuesday night, August 25th, yard number 302 Island Venture, an offshore construction vessel for Island ...

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Ship Breaker Dies in Explosion in Bangladesh

Ship Breaker Dies in Explosion in Bangladesh

One worker died and two were injured in a gas pipeline blast at a ship breaking yard in Chittagong district, ...

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Euro Dockworkers Tackling Overcapacity, Automation Threats

Hamburg-Le Havre Dockworkers Tackling Overcapacity and Automation Threats

The combined unions of dockworkers in Germany, Netherlands, France, United Kingdom and Belgium as well as the ...

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HPA: Email Layoffs Preceded by Extensive Consultation

Hutchinson-Ports-Australia-Fires-100-Dockworkers-via-Email

Hutchinson Ports Australia (HPA) said in a clarification that the recent laying off of 87 staff via text messages ...

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Crewtoo: Seafarers Dread Port Calls

Seafarers Dread Port Calls

Seafarers sometimes fear port calls because of the increase in workload caused by the many audits and inspections ...

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Sea Freight Keeping Logistics Situation Index Afloat

Sea Freight Keeping Logistics Situation Index Afloat

The Stifel Logistics Situation Index showed an easing in demand in August, resulting in a decline of 1.8 points to ...

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Two More LNG Carriers for Maran Nakilat JV

Two More LNG Carriers for Maran Nakilat JV

Nakilat, the shipping arm of Qatar’s liquefied natural gas (LNG) sector, has expanded its joint venture with Greek ...

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