Petroleum tanker owner and operator AET announced the extension of partnership in the DP2 shuttle tanker sector with Petróleo Brasileiro S.A.(Petrobras), the Brazilian multinational petroleum corporation. "Recently we were awarded a contract…
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Stena RoRo Places an Order for LNG Newbuild
Stena RoRo places an order for a further newbuild and signs a 10-year charter contract with Brittany Ferries, said a press release from the company. The vessel now ordered, which will be built for LNG operation, is the sixth in the so-called…
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Olefin Trade Not Helping LPG Shipowners: Drewry
The freight market for S/R (Handysize) vessels will remain under pressure throughout 2018 on account of strong fleet growth and weak olefin trade, according to the latest edition of the LPG Forecaster published by global shipping consultancy Drewry.
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Zvezda Shipyard to Build an Advanced Ice Class Tanker for Rosneft
AO Rosnefteflot, a subsidiary of Rosneft, and Zvezda shipyard signed a contract during the St. Petersburg International Economic Forum for the construction of a shuttle tanker Arc6 with a deadweight of 69,000 tons. The contract provides for an option t...
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Fourth CMA CGM Vessel Handed Over to Seaspan
Seaspan Corporation announced that it has accepted delivery of the CMA CGM Chennai, a 10000 TEU containership that will commence a fixed rate time charter with CMA CGM S.A. for a three year term with an option to extend for an additional three years.
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Spotlight on Women in Maritime Security
"The bottom line is that doubling your talent pool just makes sense", said Chris Trelawny, International Maritime Organization (IMO)'s special Adviser on Maritime Security, as he opened the Women in Maritime Security conference held at IMO Headquarter...
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MSC Cruises Plans MSC Seaview Christening on June 9
In just over two weeks, MSC Cruises will christen their newest cruise ship. MSC Seaview. MSC Seaview is the second Seaside class ship from the cruise line. With just 15 days until the Christening of MSC Cruises’ new state-of-the-art flagship MSC Seavie...
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CMA CGM Posts 17.1% Hike in Sales in Q1
CMA CGM said that its first quarter sales rose $5.41 billion, up 17.1 percent from the year-earlier period, buoyed by a rise of 15 percent in volumes. The Container Line cited good results of vessel-sharing Ocean Alliance and strong momentum of the Afr...
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Shipowners Committed to IMO Hong Kong Convention
Global Shipowners’ Meeting (coordinated by the Asian Shipowners’ Association (ASA) and attended by BIMCO, ECSA, ICS and INTERTANKO) reaffirms commitment to the Hong Kong Convention and the need for a global solution for environmentally sustainable ship...
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The EU’s Maritime Spatial Planning Goes Global
160 experts from all over the world have gathered in Brussels on 24 and 25 May for the first meeting of the International Forum on Maritime Spatial Planning. They have discussed ongoing projects both in the EU and abroad and shared views on the challen...
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