The beginning of 2017 found both the drybulk and containership markets recovering from the historical low levels observed during 2016, says Euroseas Chairman. Aristides Pittas, Chairman and CEO of Euroseas said that the drybulk market improved…
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NASA delays debut launch of $23 billion moon rocket and capsule
CAPE CANAVERAL, Fla. (Reuters) - NASA has delayed the first launch of its heavy-payload rocket until 2019 and decided against an idea floated by the White House to put astronauts aboard the capsule that is set to fly around the moon, the U.S. space age...
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New Floating Dry Dock for Marisco in Hawaii
A new concrete floating dry dock has been launched by Singapore marine engineering company GL Engineering & Construction Pte Ltd (GL E&C). Built in Batam, Indonesia with a local subcontractor, the $12 million dry dock named Peleke Nui has been commissioned by an American company, Marisco Limited.
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Italian Submarine Romeo Romei Delivered
The submarine Romeo Romei was delivered at Fincantieri’s shipyard of Muggiano, La Spezia. It is the last of the four U212A Todaro class twin units ordered from Fincantieri by the Naval Armament Unit – NAVARM for the Italian Navy. Romeo Romei…
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Riverboat American Duchess to Launch in August
The American Queen Steamboat Company, owner and operator of the American Queen and American Empress, will launch service on its new American Duchess when it sets sail from New Orleans on Aug. 14, 2017, following its christening a day earlier.
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U.S. spacewalkers overcome glitch on 200th station outing
CAPE CANAVERAL, Fla. (Reuters) - Two U.S. astronauts overcame an early equipment glitch to complete an abbreviated spacewalk outside the International Space Station on Friday, accomplishing all the major tasks initially planned for a longer excursion i...
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Pasha Hawaii Taps Keppel Fels to Build LNG-Fueled Boxships
Delivery of First Vessel Planned for Early 2020. Honolulu-based Pasha Hawaii today announced that the company has selected Keppel AmFELS in Brownsville, TX, a subsidiary of Keppel Offshore & Marine (Keppel O&M) for the construction of two new Liquefied Natural Gas (LNG) fueled containerships…
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Cammell Laird Honors Military Heritage
Liverpool City Region (UK) shipyard Cammell Laird has announced it will be honoring its illustrious naval and military heritage next month by being headline sponsor of the UK’s Armed Forces Day (AFD). The AFD celebrations will take place in Liverpool this year on June 24…
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Rickmers Schedules Bondholder Vote on Revamp Plan
Only 17.4 percent of Rickmers' bondholders took part in a vote on the company's restructuring plan on Wednesday, fewer than the minimum required. Under the proposed revamp plan, the equity stake of owner Bertram Rickmers would be reduced to 24.9 percen...
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Baltic Index Gains On Firmer Capesize Rates
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, inched higher on Thursday helped by stronger rates for capesize vessels. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels…
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