Yang Ming Eyes Fresh Funds

Taiwanese container shipping company Yang Ming Marine Transport Corporation (Yang Ming) is looking to raise some ...

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IndustriALL: Workers to Strike against HHI Split-Up

Workers of South Korean shipbuilding company Hyundai Heavy Industries (HHI) plan to go on strike on February 22-27 ...

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Hyundai, KSS Line Enter Green Ship Deal

Hyundai Heavy Industries’ (HHI) subsidiary, marine services provider Hyundai Global Services (HGS), signed a ...

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ECSA Condemns Logistics' Support for Regional Measures

The European Community Shipowners’ Associations (ECSA) has criticized European port and freight forwarder ...

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ITF Criticizes Offer to Cut Wages of Ukrainian Seafarers

The International Transport Workers’ Federation (ITF) has condemned a proposal by a coalition of Ukrainian trade ...

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Report: Hanjin’s Bondholders to Suffer Big Losses

Bondholders of the former South Korean shipping company Hanjin Shipping, which was officially declared bankrupt on ...

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Drewry: Carriers Set Sail on a Long Road to Recovery

The container shipping trade will mark positive growth numbers alongside most months of 2017, however, as long as ...

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MSC Fantasia Passes Exhaust Gas Cleaning Systems Test

The 150,000 dwt cruise ship MSC Fantasia, the first MSC Cruises’ ship to be retrofitted with exhaust gas ...

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Crude Tanker Market Hit Hard by OPEC's Cut

The predicted influx of new tonnage, combined with the Organization of the Petroleum Exporting Countries’ ...

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Korean Vessel Listing after Fire at Port of Cape Town

A fire that broke out on board a Korean fishing vessel at the port of Cape Town on February 18 has been put under ...

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GulfNav Settles VLCC Dispute

Dubai-based shipping company Gulf Navigation Holding PJSC (GulfNav) has reached a final settlement with three ...

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Iraq About to Invest in Large Tanker Fleet

Iraq has set sights on creating a large fleet of modern oil tankers to transport the country’s crude, Reuters ...

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SDU Calls Off Strike at APM Terminals Gothenburg

The Swedish Dockworkers Union (SDU) has agreed to cancel industrial action in the Port of Gothenburg, scheduled for ...

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Philly Shipyard Sees Higher Income

2016 has brought better financial fortunes for US-based shipbuilder Philly Shipyard, whose profit rose to USD 38.7 ...

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Expansion Works Start at Virginia International Gateway

The marine container terminal Virginia International Gateway (VIG) has launched a USD 320 million expansion project ...

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Deal Signed for Construction of World's Largest Hybrid Ferry

Norwegian ferry operator Color Line has signed a contract with compatriot shipbuilder Ulstein Verft for the ...

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HMM Eyes Stake in Two More Hanjin Terminals

South Korean shipping company Hyundai Merchant Marine has signed a deal with Hanjin Shipping and Marine Terminals ...

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KNOT Shuttle Tankers to Buy Tordis Knutsen

KNOT Shuttle Tankers AS, a subsidiary of KNOT Offshore Partners, has entered into a share purchase agreement to ...

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Ocean Yield: Good Time to Invest in New Ships

Norwegian shipowner Ocean Yield ASA said it is financially well-positioned for new investments in vessels with ...

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Ministry: Spanish Dockworkers Cancel Planned Strike

Spanish dockworkers have called off the announced strike after the government promised it would postpone plans to ...

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Viking Line to Bolster Helsinki-Tallinn Route

Finnish ferry company Viking Line has decided to strengthen its Helsinki-Tallinn route as the company will add a ...

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Raffles Shipping Orders Six Chemical Tankers in China

Singapore-based Raffles Shipping Group has ordered six small chemical tankers from China’s shipbuilder Jinhai ...

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Ruptured Containership Towed to Danish Repair Yard

The 22,506 dwt containership Victoria is being towed for repairs at the Danish Fayard ship repair facility after it ...

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Euroseas Triples Its Full Year Loss

Athens-based shipping firm Euroseas has seen its net loss for the year ended December 31, 2016 widen to USD 45.9 ...

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New Zealand to Improve Seafarers' Onboard Conditions

In an effort to protect domestic and international seafarers and improve their safety and wellbeing onboard New ...

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Hanjin Shipping Officially Declared Bankrupt

The former South Korean shipping giant Hanjin Shipping was officially declared bankrupt by the Seoul Central ...

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