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Sweden’s capital region is booming and helping to keep the local harbours busy importing consumer goods and energy products despite slowing economies around it.  Full story >>

Lloyd’s chief risk officer has said that while the market is fully behind the UK’s continued member of the European Union, contingency plans were already being drawn up if the country votes to leave.  Full story >>

A bunker derivative loss kept the 2015 net result of Odfjell, the listed Bergen-based chemical carrier and tank terminals group in the red despite strong underlying performance, the company said in a statement.  Full story >>

NYK subsidiary Kyoei Tanker has ordered a Very large crude carrier (VLCC) from Japan Marine United (JMU) for delivery in 2018.  Full story >>

Global miner Rio Tinto today posted a USD866 million net loss for 2015 with underlying earnings slashed by more than half to USD4.  Full story >>

Belgium dredging giant DEME’s offshore marine engineering company GeoSea has begun construction of the EUR1.2 billion Nordsee One wind farm in the German North Sea and is deploying Innovation, the world’s biggest jack-up vessel.  Full story >>

Felixstowe, the UK’s biggest box port, is offering a container weighing service to ensure shippers can comply with new Safety of Life at Sea Convention (SOLAS) regulations.  Full story >>

APM Terminals reported a drop in revenue and profit for 2015, which it attributed to lower oil prices, a stronger US dollar, and business divestments.  Full story >>

State-owned oil and gas company China National Petroleum Corporation (CNPC) has turned out to be the buyer of a 26-year-old Very large gas carrier that Korea Line Corporation (KLC) offloaded recently.  Full story >>

Kamarajar Port Limited (KPL), which runs the port at Ennore in Tamil Nadu state on India’s eastern coast, is investing close to USD1.  Full story >>

London-based shipbroker Simpson Spence Young (SSY) predicted the spot rates for very large crude carriers (VLCC) to continue falling after the festive holidays, but suggested that the overcapacity situation may be contained in the near term.  Full story >>

Mumbai-listed Indian shipping and logistics company Mercator Ltd will not be adversely affected by the sale of its Singapore-listed dry bulk shipping unit for a token SGD3 (USD2.14).  Full story >>

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