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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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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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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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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DBS: Keppel, Sembcorp Marine Merger Would Make Sense

Prevailing challenges in the offshore and marine sector have sprung rumors on the potential consolidation of ...

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Torm Buys Four MR Resales from Guangzhou Shipyard

Danish shipping company TORM has entered into an agreement to purchase four fuel-efficient MR resale vessels from ...

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Liberty Prrudencia Crew’s Ordeal Over

The sixteen former crew members of the Hong Kong-flagged bulk carrier Liberty Prrudencia have been repatriated and ...

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Petronas Ships Its First LNG Cargo to Thailand

Malaysian oil and gas company Petroliam Nasional Berhad (Petronas) has delivered its first liquefied natural gas ...

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Chinese Cargo Ship Sinks, 12 Crew Rescued

Chinese-flagged cargo ship Nan Hui 68 sank on July 23 near Huidong of Guangdong Province, east of Hong Kong taking ...

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Two Injured in Explosion aboard Polaris VLOC

Two Filipino seafarers were reportedly injured in an explosion aboard the 250,000 dwt ore carrier Stellar Young, ...

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Fortune Ocean Eyes Up to Six New Bulkers

China’s dry bulk owner Fortune Ocean Shipping is looking to expand its fleet with up to six new bulk carriers ...

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New Alliances Affect Westports' Throughput

Malaysian port operator Westports Holdings Berhad saw a 5 percent decline in its total throughput volumes during ...

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KOGAS, Partners Forge FSRU Cooperation

Korea Gas Corporation (KOGAS) has teamed up with compatriot shipping lines on a  floating storage and ...

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PTP Sues RSS over Oil Spill

Malaysia’s terminal operator Pelabuhan Tanjung Pelepas Sdn Bhd (PTP) has launched legal action against Rising ...

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STX Offshore Bags USD 140 Mn Tanker Deal

South Korea’s STX Offshore & Shipbuilding has won an order for four 50,000 deadweight tonnage (DWT) midsize ...

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Svitzer Wins Work at Bangladesh’s 1st LNG Import Terminal

Excelerate Energy Bangladesh Limited (Excelerate) has awarded Svitzer a fifteen-year contract to provide marine ...

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Report: Chittagong Congestion to Clear Up in Two Weeks

Bangladeshi port of Chittagong could soon clear up the congestion which started building up at the site in May ...

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Order Intake at Chinese Shipyards Down 29 Pct in H1

The influx of new orders at shipbuilding yards in China has dropped by 29 percent during the first half of this ...

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Keppel Verolme’s Price Tag Revealed

Damen Shipyards Group has paid EUR 23.5 million (USD 27.6 million) for the acquisition of Keppel’s Verolme ...

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Rickmers Maritime Gets Delisting Approval

Rickmers Trust Management, the trustee-manager of Rickmers Maritime, has received an approval to delist from ...

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11 Indian Crew Rescued from Sunken Ship

Eleven crew members of MV ITT Panther cargo ship were rescued after their ship sank some 200 nautical miles from ...

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HHI’s Shipbuilding Orders Up by 67 Pct in H1

 The shipbuilding orderbook value for the first half of this year of South Korean shipbuilding major Hyundai Heavy ...

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ITF: Bramco 1 Crew Still Left High and Dry

The crew of the Bahrain-flagged oil products tanker Bramco 1 has been faced with a two-year ordeal having been ...

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Clarksons: Global Shipyard Capacity Down by 62 Pct

The number of active shipyards on a global scale has dropped by 62 percent since the beginning of 2009, according ...

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