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Monthly Archives: February 2018

New Quay for Further Stena Line Growth

The renovated Stena Line Terminal at Europoort is officially taken into operation. As well as upgrading the existing berth, the terminal was expanded with a second berth to handle roll-on/roll-off vessels. The expansion means that Stena Line…
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HSH Nordbank to Finance Brotorp Wind Farm

HSH Nordbank will provide the investor BlackRock with a long-term loan amounting to about € 31 million to refinance the Brotorp wind farm in southern Sweden. The farm with 14 Vestas 126 type wind turbines and a total capacity of 46.2 megawatts (MW) has...
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Navios Updates Fleet Status

Navios Maritime Holdings controls a fleet of 72 vessels totaling 7.3 million dwt, of which 39 are owned and 33 are chartered-in under long-term charters. The fleet consists of 21 Capesize, 31 Panamax, 18 Ultra Handymax and two Handysize vessels…
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Exmar Barge-Based FSRU on Way to Singapore

Exmar said its FSRU (Floating Storage and Regasification Unit) barge delivered end of 2017 has left the Wison Offshore Marine shipyard on Wednesday left the Wison Offshore Marine shipyard in China and set course towards Singapore. There the…
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Offshore Sector Shows Improvement: Sembcorp Marine

Global exploration and production (E&P) capex spending continues to show signs of improvement, underpinned by higher oil prices, says Sembcorp Marine Ltd (SembMarine). Offshore rigs utilization and day rates have stabilized, but rig orders recovery…
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European Commission Fines Four Car Carriers $486.5mln

The European Commission (EC) said Wednesday that it had fined four maritime car carriers 395 million euros (U.S. $486.5 million). Four shipping companies – CSAV, K Line, NYK and WWL-Eukor – have been fined by the EC for collusion in operating a cartel ...
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Peel Ports Plays for ‘Global North’ Ambition

Jouke Schaap, Port Director for Containers at the Port of Liverpool discusses the role Peel Ports plays in fulfilling the Government’s ‘Global North’ ambition, exporting products from the Northern Powerhouse region around the world. For many businesses...
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