Mumbai, 13th December 2016: Digitization is the need of the hour. Understanding its need and importance in today’s world, Safmarine launched its own mobile app today. The newly launched app will allow to manage and track cargo on the go. The…
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MMO Market Falls 22% in 2015
The Offshore Maintenance, Modifications & Operations (MMO) market experienced a substantial fall of 22% in total expenditure between 2014 and 2015, and an additional 5% decline is projected by the end of 2016, says a Douglas-Westwood report.
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NASA troubleshooting problem with Mars rover drill
SAN FRANCISCO (Reuters) - NASA's Mars rover Curiosity has halted its trek up a mountain filled with potentially habitable niches for life while engineers troubleshoot a problem with one of its key instruments, scientists said on Tuesday.
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Further Upside Seen for Asian Aframax Rates
The Asian Aframax market has been strengthening steadily, with rates for the Indo/Japan route up by w25 points w-o-w at w135. The Baltic Exchange’s benchmark TD14 route reached w127.50 Tuesday, jumping by w29 points w-o-w. This is partly due…
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Maersk Fluid Technology Upgrades SEA-Mate
Maersk Fluid Technology (MFT) said it has recently upgraded its SEA-Mate Blending-on-Board Value Calculator to include a mobile optimized version that will assist in calculating savings, based on a variety of real life scenarios. The SEA-Mate…
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Scorpio Tankers says Upsized and Extended Credit Facility
Scorpio Tankers Inc. announced the upsizing and extension of its BNP Paribas Credit Facility. The Company has received an additional $27.6 million commitment from BNP Paribas to upsize its BNP Paribas Credit Facility. The $27.6 million increase…
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Singapore to Adopt Dutch Polder Concept for Reclamation
Singapore has announced it will build a polder designed by Royal HaskoningDHV with local partner Surbana Jurong that will add 810ha to Pulau Tekong, one of Singapore’s largest islands. Traditionally, sand has been used to fill the area to be reclaimed above sea level.
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98,000 dwt Semisubmersible Delivered
China’s COSCO Shipping Specialized Carriers Co. Ltd. has taken delivery of its newest semisubmersible vessel, the 98,000 dwt Xin Guang Hua – the largest of the COSCO semisub fleet and reportedly second largest in the world. Large enough to transport…
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DNV GL to Class Endeavor Expedition Yachts
MV WERFTEN said it has contracted DNV GL for the classification of the Endeavor-class vessels. The contract includes three 20,000 GT mega yachts, which will be three of the first passenger ships to be classified according to the new DNV GL rules.
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Viking Supply Ships Expands Russian Footprint
To further explore opportunities and strengthen its footprint in Russia, Viking Supply Ships (VSS) has entered into a strategic cooperation with Sevnor Ltd, a shipping and offshore company with extensive presence in the Russian offshore market.
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