Campbell Shipping Hires ISS for Husbandry Services

The Bahamas-based Campbell Shipping has entered into a global husbandry representation contract with Inchcape ...

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CMPort to Develop Sri Lanka's Hambantota Port

State-owned China Merchants Port Holdings (CMPort) is set to invest up to USD 1.12 billion in the development, ...

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OFE: Crude Tanker Market Faces Further Headwinds

Recent developments in the crude tanker market, such as the delay in the IMO Ballast Water Management Convention ...

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Fincantieri Still in Talks over STX France Acquisition

Italian shipbuilder and ship designer Fincantieri has informed that it is still in negotiations with the French ...

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ReCAAP, OCIMF to Jointly Fight against Piracy in Asia

Asia’s piracy watchdog ReCAAP and Oil Companies International Marine Forum (OCIMF) have signed a Memorandum ...

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Costamare Secures Financing for Containership Duo

Greece-based containership owner Costamare has secured financing for two second hand vessels, the 4,957 TEU ...

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K Line Gets Nod to Shed Heavy Lift Subsidiary

Japan’s shipping firm Kawasaki Kisen Kaisha (K Line) has received board approval to dispose of its subsidiary ...

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Consortium Inks Kribi Container Terminal Concession Deal

A consortium, comprising French and Chinese companies, officially signed a concession agreement for the container ...

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Samskip to Expand Norway Presence with Nor Lines Takeover

Rotterdam’s transportation firm Samskip plans to acquire activities associated with Norwegian shipping and ...

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ABS Classes US-Built Liquefied Gas Barge

US-based classification society ABS has classed the Harvest, an articulated tug barge (ATB) purpose-built to ...

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2M Partners Divert Ships from APMTR

Danish container shipping giant Maersk Line and its 2M partner MSC are diverting four boxships from their joint ...

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Samsung Heavy to Wind Up Ops at Another Dock

South Korean shipbuilder Samsung Heavy Industries is looking to shut down another one of its floating docks on the ...

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Drewry: FSRUs More Profitable than LNG Carriers

Despite falling freight rates for floating storage regasification units (FSRUs), investment returns at current ...

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Interview: Owners Lack Trust in BWMS Technical Capability

As the entrance into force of the Ballast Water Management Convention (BWMC) approaches, the industry’s ...

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Diana Containerships Bounces Back to Profit

Athens-based shipowner Diana Containerships has managed to return to black during the second quarter of the year as ...

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Newbuilding Orders Plunge in H1 2017

Although newbuilding orders for tanker and bulkers increased during the first half of 2017, the overall number of ...

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ULCVs to Almost Double Capacity on Asia-North Europe by 2018

Additional phasing in of ultra-large container vessels (ULCV)– with a nominal capacity in excess of 18,000 ...

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Carrier Reliability Continues Growing

Carriers’ overall on-time and transit time reliability improved by 6.8%, increasing from 63.3% in May 2017 to 70.1% ...

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Tufton Oceanic Tied to Purchase of Seven Boxships

UK-based shipowner Tufton Oceanic has reportedly reached an agreement to buy seven Sub-Panamax containerships from ...

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Sharjah Moon Crew Join Over 50 Indian Sailors to Return Home

The stranded Indian crew members of MV Sharjah Moon have finally returned home, India’s Consulate General in ...

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VIDEO: Prelude FLNG Enters Australian Waters

Shell Australia’s Prelude floating liquefied natural gas (FLNG) facility has arrived in Australian waters, ...

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Tanzanian-Flagged Tanker Sanctioned by UN

The United Nation Security Council’s Committee on Libya has added an oil product tanker Capricorn to its list ...

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Bahri's Profit Hit by Lower Spot Rates

National Shipping Company of Saudi Arabia (Bahri) has reported a drop in its earnings for the period ended June 30, ...

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DryShips: Court Rejects Preliminary Injunction Motion

The High Court of the Marshall Islands has denied a motion for a preliminary injunction filed by plaintiff Michael ...

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DP World 'Well Placed' to Meet Full Year Expectations

Dubai-based port and terminal operator DP World Limited handled 34 million TEUs across its global portfolio of ...

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New and Improved Cranes at Port of Felixstowe

Hutchison Ports’ Port of Felixstowe has ordered two new gantry cranes for its Berths 8 and 9 from Shanghai ...

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GPA Handles Record Volumes in FY2017

The Georgia Ports Authority moved an all-time high of 3.85 million TEUs in fiscal year 2017, representing an ...

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