Greece-based international diversified shipping partnership Capital Product Partners announced the completed acquisition of the M/T ‘Aristaios’, as well as the sale of the M/T ‘Aristotelis’ and the acquisition of the M/T ‘Anikitos’. On January 17…...
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ABS Excels in Marine Safety Standard
ABS announced it had zero work-related lost time incidents during 2017. The corresponding Lost Time Incident Rate (LTIR) of 0.00 represents a significant milestone in the organization’s continuing journey to safety excellence. “Safety is the heart of o...
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India Launches Third Scorpene Submarine ‘Karanj’
The Indian Navy’s third state-of-the-art Scorpene class submarine, INS Karanj, was launched by Reena Lanba, wife of Chief of Naval Staff Admiral Sunil Lanba, , at the Mazagon Dock Shipbuilders Ltd (MDL) in Mumbai. This historic event reaffirms…
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Hapag-Lloyd North America President Wolfgang Freese Retires
Wolfgang Freese, President Region North America, will be retiring after almost five decades with Hapag-Lloyd. He started his career in the shipping company in 1971 with an apprenticeship to become a shipping agent. In recent decades, he has held manage...
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Data Models for Maritime E-Business
Effective global electronic data exchange for ships entering and leaving ports depends on standardized and harmonized practices for data exchange. This can include data models which define and format data which might be transferred between automated sy...
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GoodBulk Takes Delivery of Two Capesizes
Greek dry bulk owner Goodbulk announced that in January it took delivery of two Capesize vessels and sold another one Capesize. The Company took delivery of the Aquaproud, a 2009 built Capesize vessel of 178,057 dwt built by Shanghai Waigaoqiao Shipbui...
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Maritime Shipping Market Brightened: NYK Line
Japan’s Nippon Yusen Kabushiki Kaisha (NYK Line) said that conditions in the maritime shipping market were positive overall during the nine-month period of the fiscal year ending March 31, 2018. In the container shipping market, an upswing in…
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Maersk Line to Start New Asia-Latin America Service
Maersk Line announced the launch of the new Asia – Latin America / West Coast South America services. The service will provide Maersk Line’s customers with new direct products for Colombia, the Caribbean and Pecem, Brazil. It will reduce transit times ...
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SpaceX rocket launches Luxembourg satellite for NATO
CAPE CANAVERAL, Fla. (Reuters) - A SpaceX Falcon 9 rocket blasted off from Florida on Wednesday carrying into orbit a Luxembourg-made communications satellite designed in part to expand NATO's surveillance reach and its capability to deter cyber attack...
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