Shortsea vessel operators Containerships and Viasea Shipping have partnered up on a new route to Norway. This partnership will enable the two shipping companies to offer, what they believe is, the market’s best shortsea solution between Norway, Poland ...
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Piracy, Armed Robbery in Asia Drop in January: ReCAAP
A total of seven incidents of piracy and armed robbery against ships were reported in Asia - five actual incidents and two attempted incidents - in January 2018, compared to 16 incidents reported in December 2017, according to regional piracy watchdog ...
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Western Bulk Eyes Strong Performance in 2018
Norway's dry bulk shipping company Western Bulk made a profit in 2017, due especially to a strong finish to the year. This means that the carrier is again profitable after a double-digit deficit in 2016. The Group expects continued strong performance i...
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Hyundai Merchant Marine Forms Consortium with MSC, Hapag-Lloyd and ONE
Hyundai Merchant Marine (HMM) announced that it has established a consortium with global liners, MSC, Hapag-Lloyd, and ONE to launch joint services between Asia and west coast of South America. Previously, HMM operated three Asia-west coast of South Am...
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India Develops 14 Economic Zones for Port-led Industrialization
For promoting port-led industrialization, 14 Coastal Economic Zones (CEZs) covering all the Maritime States and Union Territories have been identified as part of the National Perspective Plan under the Sagarmala Programme. The Perspective Plans…
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Aker Enters Offshore Floating Wind Market
Norwegian oil and gas specialist Aker Solutions has invested in floating wind power technology company Principle Power, with the aim to brings its offshore oil and gas field engineering experience to the renewable energy market. Aker Solutions…
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Kvaerner Bags Two Contracts for Disposal of Platforms
Kvaerner has entered into an agreement with Allseas for the recycling of the topside and bridge of the 36-year-old Valhall QP platform when Allseas removes this installation for operator Aker BP in 2019. The structures will be deconstructed during wint...
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Second asteroid in a week to pass close to Earth on Friday
(Reuters) - A recently discovered asteroid was due to zip within 39,000 thousand miles (64,000 km) of Earth on Friday, marking the second space rock to pass within the orbit of the moon this week, according to NASA scientists.
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Tropical Cyclone Delays Salvage Efforts in American Samoa
Efforts to salvage a grounded fishing vessel in American Samoa were put on hold Friday as an intensifying tropical cyclone moves in on the island. Hazardous weather conditions including heavy seas, winds and downpoor from Tropical Cyclone Gita…
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Ships Queue as Truck Strike Slows Argentina Grain Exports
Some 93 cargo ships were waiting to load soy and corn from Argentina's main exporting hub of Rosario on Friday, more than a week into a truck owners strike, the spokesman for an industry group said. That was up from just over 60 on Thursday…
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