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Yearly Archives: 2016

AAL Wins Australia Shipping Excellence Awards

AAL, one of the world’s leading breakbulk, project cargo and heavy lift shipping operators, has been awarded the prize for ‘Excellence in Project Cargo, Breakbulk / Heavy Lift’ at the 21st Annual Australian Shipping & Maritime Industry Awards.
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ICC, DRD Team Up to Shed Light on Arbitration

The International Chamber of Commerce (ICC) has announced it has entered into a cooperation agreement with Dispute Resolution Data (DRD) – a research service for international commercial arbitration and mediation. Under the terms of the agreement…
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Samsung Heavy Cancels $776.8 mln LNG FPSO Order

South Korean shipbuilder Samsung Heavy Industries (SHI) has terminated a contract worth a 907.6 billion won ($776.8 million) for the construction of a liquefied natural gas (LNG) floating production and storage (FPSO) unit the shipbuilder signed with a...
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Tough Times in Shipping Fleet Demolition

Strong demolition has been a prominent feature of the shipping industry this year, as challenging market conditions continue to drive a significant supply-side response in a number of sectors, says Clarksons Research. Across the total shipping fleet…
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Maritime Surveillance on Agenda in Mozambique

A project to provide a single display maritime surveillance system for Mozambique has been commissioned and handed over to the country’s Government in Maputo (1 December). The International Maritime Organization (IMO) -supported project is set…
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Enhancing Maritime Security in the Dominican Republic

A table-top exercise on maritime security has been held in Santo Domingo, Dominican Republic, (1-2 December) to assist the country to effectively implement provisions that fall within the scope of  International Maritime Organization (IMO)  maritime security measures…
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Russian Ship Runs Aground in Istanbul

Bad weather forced a Russian ship to run aground in Istanbul on Friday and the crew was awaiting rescue, Turkey's Dogan news agency reported. The ship ran aground near Istanbul's Kartal district, on the Asian side of the city and on the coast of the Se...
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