Export Credit Norway Offers Retrofit Loans

Following the IMO ratifications of the ballast water and exhaust gas treaties, Export Credit Norway is ...

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Euronav Tied to VLCC Sale

Antwerp-based tanker owner and operator Euronav has been linked to a sale of TI Topaz, a very large crude carrier ...

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Over 30 Migrants Die after Falling from Overcrowded Boat

Over thirty people drowned, including seven children, after an overcrowded wooden boat with approximately 750 ...

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Diana Shipping Finds Work for Bulker Pair

Athens-based dry bulk specialist Diana Shipping has entered into time charter contracts for two of its vessels, ...

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IEA: Shipping Lagging Behind in CO2 Reduction

The shipping industry will have to commit to more ambitious policies, and fast, if it wants to get on track with ...

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Nasdaq Warns Diana Containerships

Greece-based containership owner Diana Containerships has breached the minimum bid price requirement of USD 1 per ...

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Rickmers Trust Wraps Up Sale of First Five Ships to Navios

Cash-strapped Rickmers Trust Management, Singapore-based trustee-manager of Rickmers Maritime, has completed the ...

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Odfjell Admits to Violating US Probation

Singapore-based Odfjell Asia II Pte Ltd, which was convicted in 2014 of violating the Act to Prevent Pollution from ...

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Navios Holdings Sees Red Ink

Greek shipping firm Navios Maritime Holdings widened its net loss in the first quarter of 2017, reaching USD 48.7 ...

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Boxship Captain Commits Suicide During Transatlantic Voyage

A captain of a container ship has apparently committed suicide during a voyage from New York, United States to ...

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Better Rates Reduce Star Bulk’s Loss

Improved charter rates helped the Greek dry bulk shipping company Star Bulk Carriers reduce its net loss by more ...

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Gulf Majors Linked to UACC Acquisition

Several Gulf-based shipping companies have been identified as potential bidders interested in taking a stake ...

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Newbuild Suezmax Tanker Joins DryShips’ Fleet

Athens-based shipowner DryShips has taken delivery of the 159,855 deadweight tons newbuilding Suezmax tanker. The ...

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Keel Laid for Norwegian Bliss

German shipbuilder Meyer Werft has held a keel laying for Norwegian Cruise Line’s latest newbuilding, the ...

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Scorpio Tankers Prices Shares

Monaco-based tanker owner Scorpio Tankers has priced its previously announced underwritten public offering of ...

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Hapag-Lloyd Merges with United Arab Shipping Company

German liner shipping company Hapag-Lloyd and its UAE-based counterpart United Arab Shipping Company (UASC) merged ...

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Throughput Rises at Port of Hamburg as Bulk Cargo Shines

Total throughput at Germany’s busiest port, the Port of Hamburg, increased by 1.7 percent in the first ...

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Nor Lines, Rolls-Royce Ink "Power-by-the-Hour" Service Deal

Norwegian shipping company Nor Lines and UK-based engineering company Rolls-Royce have signed a “Power-by-the-Hour” ...

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Stolt-Nielsen Orders 2+3 LNG Carriers at Keppel Singmarine

Singapore-based Keppel Singmarine has secured a contract worth a total of SGD 103 million (USD 74.2 million) to ...

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GOGL Still in The Red

Dry bulk shipping company Golden Ocean Group Limited (GOGL) managed to narrow its net loss in the first quarter of ...

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Höegh Giant Staying Busy ahead of Ghana Contract

Norway-based Höegh LNG has chartered out the recently delivered Höegh Giant to an unnamed trader for short-term ...

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Infographic: Norway as a Shipowning Nation

Ahead of the international maritime trade event Norshipping 2017 which will be held in Oslo from May 30 to June 2, ...

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Scorpio Tankers to Merge with Navig8 Product Tankers

Monaco-based tanker owner Scorpio Tankers revealed it has entered into definitive agreements to merge with Marshall ...

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Spanish Dockworkers Drop Strike Plans

Spanish dockworkers have shelved their strike plans announced for the following two weeks, the country’s ...

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Tanker Headwinds Push Down SCF’s Q1 Profit

Tanker market’s slowdown has slashed SCF Group’s net profit to USD 39.9 million during the first ...

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Diana Shipping’s Net Loss Edges Down in Q1

Greek owner of dry bulk vessels Diana Shipping today reported a net loss of USD 26.5 million for the first quarter ...

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Carrier Reliability Drops in April amid Vessel Reshuffling

Carriers’ overall on-time and transit time reliability decreased in April as the great migration of vessels ...

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