Spins
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Port News
Bassadone spins off Peninsula’s shipping business
Bunkering giant Peninsula has spun off its shipping activity. John Bassadone, Peninsula’s founder, yesterday officially launched his shipping venture, Hercules…
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Port News
Sumitomo spins off its ship trading business
Effective April 1 next year Japanese trading house giant Sumitomo Corporation is spinning out its ship trading business to a…
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Maritime News
Aker ASA Consolidates Offshore Units, Spins Off Clean-Energy Divisions
Norwegian offshore services contractor Aker Solutions is launching a major restructuring effort. The firm plans to spin off its offshore…
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Aker ASA Consolidates Offshore Units, Spins Off Clean-Energy Divisions
Norwegian offshore services contractor Aker Solutions is launching a major restructuring effort. The firm plans to spin off its offshore…
Read More »