Marine services company Campbell Transportation Company, Inc. (CTC) said it has completed the acquisition of certain affreightment contracts along with 155 barges and four towboats from American Commercial Barge Line LLC that will operate on the Ohio R...
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IMT Rolls Out ‘Full Ride’ Scholarship Program
The Institute of Marine Technology located at Warner University in Lake Wales, Fla. has recently established and is now officially launching a robust “full ride” scholarship program available by application for students participating in its…
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We need to talk about sex, robot experts say
LONDON (Reuters) - Move over blow-up dolls, the sex robots are here.
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Lunar robots put to the test on Sicily’s Mount Etna
MOUNT ETNA, Italy (Reuters) - A robot wheels across a rocky, windswept landscape that looks like the surface of some distant planet from a science fiction film. But it is not in outer space, it's on the slopes of Europe's most active volcano.
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The Efficiency of New Ships is Falling: CE Delft Study
Recent improvements in the design efficiency of new ships went into reverse last year, a new independent study has found. According to the CE Delft study the average design efficiency of new bulk carriers, oil tankers and gas carriers was worse in 2016...
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Dryships Time Charter Contract for Newcastlemax Vessels
DryShips Inc., a diversified owner of ocean going cargo vessels, announced that it has entered into a time charter with a major coal and steel trader for its fourth and last of its 206,000 dwt Newcastlemax drybulk vessels. The contract has a duration of about one year…
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Environmental Ship Index to Evaluate CO2 Performance
As of 1 July 2017, the Environmental Ship Index (ESI) started evaluating performance in the field of CO2, says a press release from Antwerp Port Authority. To date, only the environmental performance of ships on emissions of air pollution (NOx and SOx)...
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Yinson Sells FPSO Stake in Ghana
Malayasia's Yinson Holdings sells 26% stake in its floating production, storage and offloading (FPSO) unit in Ghana to a consortium of Japanese companies, The Star reported. According to the heads of agreement (HoA) with the consortium, the…
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Hapag-Lloyd Issues Euro Bond Worth EUR 300mln
Hapag-Lloyd AG, a leading global container shipping company, launched a euro bond offering with a volume of EUR 300 million and a maturity of seven years. The proceeds will be used for the early redemption of the company’s euro bond due in 2018…
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EU Needs to Address Decommissioning of Floating Oil and Gas Structures
A joint event between the European Economic and Social Committee (EESC) and three Green Members of the European Parliament highlighted the paradox between the strict rules under OSPAR for the decommissioning of fixed oil platforms from the North…
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