A new oceanographic icebreaker being built for the Norwegian government has been launched at Fincantieri’s shipyard in Muggiano, La Spezia. The vessel, Kronprins Haakon, touted by the builder as “one of the most advanced oceanographic icebreakers in the world…
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New Subsea 7 Heavy Construction Vessel Built to LR Class
Subsea 7’s newest heavy construction flexlay vessel, Seven Arctic, has been designed and built to Lloyd’s Register (LR) class. Designed to meet the demands of deepwater and harsh environments, she can work at depths of 3,000m and features three offshore cranes…
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SpaceX to send first paying tourists around moon next year
CAPE CANAVERAL, Fla. (Reuters) - SpaceX plans to launch two paying passengers on a tourist trip around the moon next year using a spaceship under development for NASA astronauts and a heavy-lift rocket yet to be flown, the launch company announced on M...
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Israel’s Spacecom begins operating Amos-7 satellite
JERUSALEM (Reuters) - Israel's Space Communications has begun operating a new communications satellite, Amos-7, it said on Monday, a major milestone after it lost two satellites in the past two years.
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Tanker Market: Sun Sets on Japan Dirty Imports
The Japanese refining industry has been experiencing challenging circumstances for a number of years, with significant rationalisation of refining capacity, according to Weekly Tanker Market Report by Gibson Shipbrokers. Reform in the Japanese refining sector is not a particularly new story…
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Milaha Profit Down for 2016
Qatar Navigation (Milaha), a maritime and logistics conglomerate based in Qatar, has reported a net profit of $195 million for the year ended December 31, 2016 compared to $300 million reported the previous year. The fall in the profit was mainly…
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Fewer Bunkers in Rotterdam in 2016
In 2016 the sale of bunker oil - fuel for shipping - in the Rotterdam bunker port diminished from 10.6 million m3 to 10.1 million m3. There is no reason known for this decline. For the first time, ships bunkered a sea-going vessel with LNG, liquefied n...
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Rossinavi Launches Endeavour II
Italian yard Rossinavi has launched its new 49.9-metre superyacht Endeavour II during a ceremony attended by 300 guests and shipyard staff. Known as project FR032, the yacht is built entirely out of aluminium to a design by Team 4 Design. Featuring exterior styling by Team For Design…
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NIMASA Repositions as Global Player
Nigeria would be hosting the 3rd Conference of the Association of Heads of African Maritime Administrations (AAMA Conference) in Abuja, at the Transcorp Hilton Hotel, from 19th -21st of April,2017 in a bid to continue to improve on its role as a global...
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Iran Stages Massive Navy Drill in Indian Ocean
Amid rising tensions with the US, Iranian naval forces have launched the final stage of a large-scale drill north of the Indian Ocean to enhance their defense capabilities, reports PressTV. Navy Commander Rear Admiral Habibollah Sayyari announced the beginning of the maneuver…
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