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d’Amico Tankers, a subsidiary of growth-hungry d’Amico International Shipping (DIS) based in Ireland, has secured a $250m loan facility to finance six newbuildings.

In spite of an unprecedented market lows, BW Group has established a new venture in drybulk, BW Dry Cargo, targeting vessels between 50,000 dwt and 90,000 dwt.

Gener8 Maritime, the tanker company formed by the merger of General Maritime Corp (Genmar) with pool operator Navig8 Group just over a year ago, reported $155.5m of adjusted net income in 2015 of which $50.1m was achieved in the soaring market of Q4.

Carisbrooke Shipping has chosen newly-rebranded satcoms firm Marlink to provide connectivity for its fleet of bulk and multipurpose vessels.

Optimarin has won a contract that could see it potentially outfitting all 46 of Carisbrooke bulkers and multipurpose vessels with Ballast Water Management (BWM) systems.

The International Bunker Industry Association (IBIA) has joined the Trident Alliance over shared concerns about enforcement of the upcoming 0.5% Global Sulphur Cap.

Sweden’s Viking Supply Ships (VSS) has laid up its last two platform supply vessels (PSVs), Sol Viking and Freyja Viking, in response to the difficult North Sea market.

Wärtsilä has inked an engine monitoring agreement with Bonny Gas Transport (BGT), a subsidiary of Nigeria LNG, for six LNG carrier newbuildings.

UK Shipping Minister Robert Goodwill MP has formally opened a new ‘Maritime Knowledge Hub’ in Wirral, UK, jointly operated by Mersey Maritime and Liverpool John Moores University.

Denmark’s Port of Odense is investing DKK358m ($53m) for an additional 500,000sq m of harbour area for decommissioning and cargo handling.

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