OW Tanker Saves Its Assets through Alba’s Takeover

OW Tanker Saves Its Assets through Alba’s Takeover

OW Tanker A/S, a unit of Danish oil trader OW Bunker, has been taken over by Alba Tanker ApS, thus securing the company’s assets, according to Agence France-Presse (AFP). The agreement was reached on Wednesday, ...

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Approaching Limits in Ship Size Development

DNV GL’s Container Ship Forum and Bulk Carrier Forum

The shipping industry is slowly approaching limits in ship size development, DNV GL Business Director Jost Bergmann ...

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Two-Way Shipping Routes at PNG’s Jomard Entrance

Two-Way Shipping Routes at PNG’s Jomard Entrance

A new ship routeing system will come into effect on 1 June, 2015 at Papua New Guinea’s Jomard Entrance. The ...

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APM Terminals Wants In on Turkey’s Container ...

APM Terminals Wants In on Turkey's Container Volume Boom

APM Terminals is looking into buying more ports in Turkey, trying to take advantage of the country’s rapid ...

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Port of Hamburg Marks Record Throughput

Port of Hamburg Marks Record Throughput

Germany’s Port of Hamburg has set a record high 110 million tons throughput in the first nine months of 2014, ...

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VIDEO: World’s Largest LNG-Powered PSV Delivered

World's Largest LNG-Powered PSV Delivered

Rem Eir, build no 356 from Kleven Verft, was delivered to Remøy Shipping on November 26, 2014, the Norwegian ...

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Interview: Antwerp Sets the Course for Future Growth

Luc Arnouts, the Port of Antwerp 's Chief Commercial Officer

Belgium’s Port of Antwerp is the biggest port area in the world, covering 13,057 hectares, the equivalent of ...

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Egypt, SCCT Discussing Port Said Concession Extension

Suez Canal Container Terminal at Port Said, Egypt

The Egyptian government is in talks with representatives of Suez Canal Container Terminal (SCCT) on a contract ...

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Dutch Shipyards’ Retention Rights Undermined?

Dutch Shipyards' Retention Rights Undermined

Shipyards in the Netherlands may no longer be able to rely on the right to retain a vessel while awaiting payment ...

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Maritime Traffic Up Fourfold in Two Decades

Maritime Traffic Up Threefold in Two Decades

Maritime traffic on the world’s oceans has increased 300 per cent over the past 20 years, according to a new study ...

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Clarksons Seals Platou Deal

Clarksons Seals Platou Deal

London-based shipbroker Clarkson PLC has confirmed a GBP 281.2 million (USD 441m) offering for the entire issued ...

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Asia – North Europe Rates to Stay Unchanged in 2015

Asia - North Europe Rates to Stay Unchanged in 2015

Since September the spot market on Asia – North Europe trade routes has tracked a similar course of falling ...

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EU Bankrolls First European LNG-Powered Hopper Barge

EU Bankrolls First European LNG-Powered Hopper Barge

The EU’s TEN-T Programme will co-finance with over €1.5 million the construction of the first in Europe ...

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Ebola Turns Up the Heat on West Africa Trade

Ebola Turns Up the Pressure on West Africa Trade

West Africa trade continues to acutely feel the pressure of the Ebola outbreak with export trade estimated to be ...

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CMA CGM Marks Record Volume Surge

CMA CGM Marks Record Volume Surge

France’s CMA CGM Group, the world’s third largest container shipping company, carried 3.2 million TEUs in the ...

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Plunging Oil Prices Driving Down Fuel Costs

Plunging Oil Prices Could Cut Fuel Costs by USD 1 Mln

Fuel costs could be cut by as much as USD 1 million a year if current price levels stay put for ships that burn 24 ...

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UPDATE: Belgium Port Workers Begin 24 Hour Strike

Aerial View of Port of Zeebrugge

Port workers in Belgium have started a 24 hour strike today, 24th November 2014, which will end at midnight ...

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Drewry: North America Needs Bigger, Automated Terminals

Drewry North America Needs Bigger, Automated Terminals

Drewry’s new report Container Terminal Capacity and Performance Benchmarks compares capacity and performance ...

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ECSA Advises Caution on CO2 Monitoring Regime

ECSA Advises Caution on CO2 Monitoring Regime  1

The European Community Shipowners’ Association (ECSA) voiced their concerns in relation to data reliability ...

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Maersk Eyes More Shares

Maersk Eyes More Shares

Denmark’s A.P. Møller – Mærsk A/S has entered the second phase of its share buy-back program, which ...

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Cruise Lines Deploying More Capacity in Asia

Cruise Lines Deploying More Capacity in Asia

 The cruise industry continues to grow rapidly in Asia and many cruise lines are deploying more capacity in the ...

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Lower US Demand Reshuffles West African Crude Moves

Lower US Demand Reshuffles West African Crude Moves

West African crude moves have shifted from the U.S. to Europe as lower demand from the U.S. has forced a reshuffle ...

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DP World, Qingdao Port Group Deepen Collaboration

DP World, Quingdao Port Group Deepen Collaboration

DP World, Dubai, and Qingdao Port Group, China, have signed a Strategic Framework Agreement to enhance port ...

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Readers’ Picks of the Week (17th -21st of Nov)

Readers’ Picks of the Week

Cargo Ship Sinks off Ecuador A 1,200 dwt general cargo vessel San Cristobal sank around 25 nautical miles off Santa ...

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Date Set for Nicaragua Canal Construction Start

Nicaragua Canal Construction Start Confirmed

Work on the USD 40 billion Nicaragua canal will start on December 22 and the project will have minimal ...

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