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Container Ship Scrapping picks up pace

After a slow start scrapping of containerships gathered momentum towards the end of 2015 and has continued into 2016. A record intake of newbuild containershps (1.7 million teu) in 2015...

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New VLCCs Drive Bahri’s Profit Surge

National Shipping Company of Saudi Arabia (Bahri) has seen an rise in its profits in the first quarter of 2016, as the company recorded a net profit of SAR 611.9 million (USD 163.2...

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