All Shipping articles – Page 148
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TransAtlantic to be discontinued
November 29 - Viking Supply Ships has decided to discontinue the remaining operations of its subsidiary TransAtlantic in order to meet financing commitments.
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Rigmarine opens in Aberdeen
November 29 - Lifting and marine product specialist Rigmarine has opened its fourth global facility in Insch to the northwest of Aberdeen, Scotland.
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First for WWL in Japan
November 28 - Wallenius Wilhelmsen Logistics (WWL) claims to have become the first ro-ro shipping company to transport breakbulk cargo weighing over 92 tonnes from Japan to the USA.
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HSH meets potential buyers
November 28 - Reports on the Reuters website, suggest that German bank HSH Nordbank has been meeting with potential buyers in London ahead of its planned privatisation next year.
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“K” Line ups Thailand-Australia link
November 25 - “K” Line (Kawasaki Kisen Kaisha) has enhanced its ro-ro service in the Thailand-Australia trade by commencing a new anti-clockwise route in addition to its existing clockwise trade lane.
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Korea Line gains Hanjin operation
November 25 - South Korean bulk carrier Korea Line - which is owned by the Samra Midas (SM) Group - has acquires the Asia-USA operation of bankrupt Hanjin Shipping.
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Eye-watering loss for Nord/LB
November 25 - German state bank Nord/LB, the country's second-largest ship financer, revealed a further decline in results on Thursday and indicated that its full-year losses would surpass an eye-watering EUR1 billion (USD1.05 billion).
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EC green lights Hapag-Lloyd and UASC merger
November 25 - The European Commission has approved the merger between Hapag-Lloyd and UASC - subject to certain conditions, including the latter withdrawing from the North Atlantic trade.
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Scandinavian Shipping promotes Sundblad
November 23 - Pär Sundblad has been appointed managing director of Scandinavian Shipping & Logistics.
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BIMCO adopts ship financing term sheet
November 23 - BIMCO's Documentary Committee has approved a standard term sheet for use in ship financing transactions.
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Blue Water delivers to White Rock
November 22 - Blue Water Shipping has coordinated the first shipment of wind turbines for the White Rock wind farm in New South Wales from China to the Port of Newcastle in Australia.
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ITS reels it in
November 21 - ITS International Transport & Shipping has coordinated the shipment of 15 cable reels to Jebel Ali in the UAE.
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ITIC warns over misread tariffs
November 22 - According to the International Transport Intermediaries Club (ITIC), the misreading of tariffs in shipping documentation is a common cause of costly claims.
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TRACE extends RightShip partnership
November 16 - TRACE International has extended its partnership with RightShip - a provider of a comprehensive online maritime safety and environmental risk management system - to support anti-bribery compliance in the maritime industry.
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Making the most of the downturn
November 16 - GAC Group president Bengt Ekstrand noted during a recent managers' conference that the company is pushing for greater innovation and flexibility in order to cope with turbulent global markets, and has maintained a solid balance sheet despite
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GAC adds Indian manager
November 16 - GAC Shipping (India) has appointed C Krishnakumar as general manager, logistics services for its Chennai office.
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Hapag-Lloyd ups profit
November 14 - Hapag-Lloyd has closed the third quarter of 2016 with a net profit of EUR8.2 million (USD8.7 million), compared with EUR3.2 million (USD3.4 million) in the same period of 2015.
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GAC wins SHL contract
November 14 - GAC UK has been appointed by Seaway Heavy Lifting (SHL) to provide shipping services support for the construction and installation of 84 new turbines as part of a major wind farm expansion project in the UK, which will increase generating ca
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Two of seven for Wagenborg
November 11 - Dutch shipowner and operator Wagenborg has taken delivery of Leuvediep (the second of seven vessels it is obtaining from compatriot shipping company, Feederlines) and renamed the ship, Leuveborg.
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Proctor up at OMA
November 11 - OMA Group has appointed Neale Proctor as sales and commercial director, with immediate effect.