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Frontline 2012 said to ink LOIs for bulker newbuilds

JANUARY 4, 2013 – So, you thought John Fredriksen’s Frontline 2012 was a tanker company? Korean shipbuilding website Asiasis says that Frontline 2012 has reportedly signed Letters of Intent  to build up

BIMCO looks at challenges ahead

JANUARY 4, 2013 – BIMCO has published Reflections 2013, which it calls “a concise, condensed and thought-provoking analysis of the challenges facing the shipping industry today and during the coming year.” It

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Schuster to Chair House T&I Committee

JANUARY 4, 2013  – With the commencement of the 113th Congressy, Rep. Bill Shuster (R-PA) was officially confirmed by the House of Representatives to chair the Committee on Transportation and Infrastructure.  Chairman

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DFDS in RO/RO negotiations with P+S Werften

JANUARY 3, 2013 — Danish operator DFDS says that it “can confirm that negotiations between DFDS and the German shipyard P+S Werften GmbH, Stralsund, concerning the construction of two freight ships (ro-ro)

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Star Bulk lenders agree to deferment of payments

JANUARY 3, 2013 — Athens-headquartered Star Bulk Carriers Corp. (NASDAQ: SBLK), says it has agreed in principle with all of its lenders to amend the terms of the current loan agreements subject

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Crowley makes VP appointment

JANUARY 3, 2013 — Crowley Maritime Corporation reports that Matt Yacavone has joined the company as vice president of sales and chartering for Crowley’s petroleum services team. He will be based in

Coast Guard lands salvage team on grounded rig

JANUARY 2, 2013 —  Shell reports that a team of five salvage experts boarded the grounded drilling unit Kulluk earlier today to conduct a structural assessment to be used to finalize salvage

Signet Shipbuilding delivers deck barge

JANUARY 2, 2013 — Houston-headquartered Signet Maritime Corporation had added a 140 ft x 40 ft deck barge, the Signet 141, to its fleet. Designed by Farrell and Norton Naval Architects of