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SBM Offshore gets insurance payout after rig failure

The Dutch offshore company has reached a settlement with a majority group of insurers in the case related to damaged drilling rig Yme, which resulted in large costs for SBM Offshore.

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Norden raises profit guidance for 2017

Carrier Norden is now confident that it will deliver a double-digit million dollar profit for 2017, says the carrier. "This is a significant shift," CEO Jan Rindbo tells ShippingWatch.

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