OW Bunker’s Board Never Approved Tankoil Loan

OW Bunker’s Board Never Approved Tankoil Loan

The credit line worth up to USD 130 million that was given by Singapore arm of Danish marine fuel distributor OW Bunker, Dynamic Oil Trading, to Tankoil Marine Services, was not authorized by the parent company’s ...

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ESC: Shipping Alliances Need a Watchdog

ESC Shipping Alliances Need a Watchdog

The European Shippers’ Council (ESC) says that shipping industry needs a global authority to keep Vessel Sharing ...

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UNCTAD: Global Seaborne Trade Marks Modest Growth

UNCTAD: Global Seaborne Trade Marks Modest Growth

Reflecting stumbling growth in the world economy, world seaborne shipments grew by an average of just 3.8 per cent ...

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China and India to Account for 35Pct of Oil Trade

China and India to Account for 35Pct of Oil Trade

China and India will account for about 35% of global oil trade in the next ten to fifteen years, despite China’s ...

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BW LPG Positive about Market Outlook for 2015

BW LPG Positive about Market Outlook for 2015

Very large gas carrier (VLGC) owner and operator BW LPG is reaping the fruits of historically high rates on VLGC ...

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LPG Carriers Fearing Cold Winter in US

LPG Carriers Fearing Cold Winter in US

LPG exports are so dependent on the severity of winter in North America that all eyes are on the weather, as it hit ...

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Quality Standards Paramount

Quality Standards Paramount

Quality is the paramount and must be maintained by continuous enhancement of shipbuilding standards, classification ...

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EU: Trade Restrictions Still Prevalent

Trade Restrictions Still Prevalent

 The tendency to impose trade-restricting measures remains strong among the EU’s commercial partners, ...

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SHI Drops Merger Plans with Samsung Engineering

SHI Drops Merger Plans with Samsung Engineering

The previously announced merger between South Korean shipbuilder Samsung Heavy Industries and Samsung Engineering ...

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GSF: Alliances Worry Shippers

GSF Alliances Worry Shippers

The recent Containerisation International (CI) shipper sentiment survey has shown that shippers are worried about ...

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MES Hands Over Hanjin Chiba to Venus

MES Chiba Shipyard

Mitsui Engineering & Shipbuilding Co., Ltd. (MES) completed and delivered a 56,000 dwt type bulk carrier MV ...

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KNOT Names New Shuttle Tanker

KNOT Names New Shuttle Tanker

Norwegian shipping company  Knutsen NYK Offshore Tankers AS held a naming ceremony for a new shuttle tanker on ...

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Interview: Recruiting for Maritime Industry

Middle Point's Partner Consultant Maarten van Haren

The global maritime industry is undergoing a very challenging period with industry stakeholders opting ...

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Interactive Image: Top 5 Busiest Container Ports in 2013

Interactive Ports

Port container traffic measures the flow of containers from land to sea transport modes, and vice versa, in ...

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Adam LNG Joins OSC’s Fleet

Adam LNG Joins OSC's Fleet

Oman Shipping Company (OSC) has taken delivery of the Adam LNG, which is described as one of the world’s most ...

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World’s Largest Containership Named

World's Largest Ship Named

South Korean shipbuilding giant Hyundai Heavy Industries Co., Ltd. (HHI) announced today that it held a naming ...

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Singapore Arms of OW Bunker Going Bust

Singapore Arms of OW Bunker Going Bust

Singapore-based Dynamic Oil Trading, has joined OW Bunker Far East Pte. Ltd., in filing for liquidation thus ...

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China, Australia Conclude Free Trade Agreement

China, Australia Conclude Free Trade Agreement

Australia and China have signed a Declaration of Intent on China-Australia Free Trade Agreement having concluded ...

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IMO MSC Session Opens

IMO MSC Session Opens

IMO Secretary-General Sekimizu has opened the 94th session of the Maritime Safety Committee (MSC) on Monday, which ...

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IMRF: Global Drowning Figures Alarming

IMRF Global Drowning Figures Alarming

The global drowning report released by the World Health Organization (WHO) is shocking, and the worldwide loss of ...

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Image of the Day: Olympus All Set

Image of the Day

The image shows Platform Supply Vessel (PSV) Olympus decorated for her naming ceremony that took place on November ...

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113 Ships Detained for MLC-Related Deficiencies

113 Ships Detained for MLC-Related Deficiencies

Since the entry into force of the Maritime Labour Convention (MLC, 2006),  113 ships were detained by one of the ...

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Drewry: Delivery of ULCVs a Double Whammy

Delivery of ULCVs a Double-Whammy

The delivery of some 54 ships of at least 10,000 teu, expected to be deployed in the Asia-North Europe trade ...

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First Chemical Tanker Featuring Duplex Steels Delivered

First Chemical Tanker Featuring Duplex Steel Technology Delivered

The world’s first chemical tanker to use a combination of duplex stainless steel and stainless clad steel in the ...

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BW LPG Takes First Gas Carrier from Hyundai Heavy

BW LPG Takes First Gas Carrier from Hyundai Heavy

Singapore-based BW LPG Limited has taken delivery of BW Aries, the first of eight newly-built Very Large Gas ...

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