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Monthly Archives: February 2018

Navig8 Chemical Tankers Still in Red

Despite a shift in demand in the chemical shipping sector, Navig8 Chemical Tankers ended the fourth quarter ended 31st December, 2017 with a widened net loss of USD 3.7mln. Revenue for 4Q17 was $43.3 mill, compared to $33.9 mill for 4Q16. “The…
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RightShip Appoints New CEO

RightShip, the world’s leading maritime risk management and environmental assessment organisation, has appointed its new CEO. Martin Crawford-Brunt will replace outgoing CEO Warwick Norman who announced his decision to step down from the position in 20...
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Viking Supply Ships Completes Restructuring

Swedish OSV owner Viking Supply Ships (VSS) has signed a final agreement to complete the restructuring of its finances as credit committees of all its senior lenders have approved the completed programme. According to the agreed and approved restructur...
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DMA to Digitalise Port State Control

The Danish Maritime Authority (DMA) and European Maritime Safety Agency (EMSA) are examining how online control of certificates could make Port State Control (PSC) inspections more efficient. This happens in the wake of the DMA’s implementation of digi...
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IMO Help for African Maritime Security

As part of its continuing efforts to help African countries improve their maritime security capabilities, International Maritime Organization (IMO)  frequently works with other partners to help support their initiatives. The United States, for example…
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Ince & Co Advises EDF on NYK LNG Carrier

EDF LNG Shipping, a subsidiary of EDF group, signed a long term charter contract with the Japanese shipowner NYK on January 26th 2018. The vessel, with a capacity of 174,000 cbm, will be built by the shipyard Hyundai Heavy Industries with delivery expe...
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Blue Border Security Assessment

International Maritime Organization (IMO) 's maritime security provisions and the IMO treaties for the suppression of unlawful acts against the safety of navigation can be seen in the wider context of the global fight against terrorism. The…
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Shipbuilding: Frigate Normandie Floated Out

French shipbuilder Naval Group said it floated the FREMM multi-mission frigate Normandie on February 1, roughly one year after the start of hull assembly in the building dock on the Lorient site. The eighth FREMM frigate to be built in Lorient…
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