Scorpio Bulkers announced that the Company has entered into a financing transaction in respect of one of the Company’s Ultramax vessels with an unaffiliated third party. As part of the transaction, the Company will sell a 2015 Japanese built Ultramax d...
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World Maritime Day Theme 2019: Empowering Women!
"Empowering Women in the Maritime Community" has been selected as the World Maritime Day theme for 2019. This will provide an opportunity to raise awareness of the importance of gender equality, in line with the United Nations' Sustainable Development ...
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Bollinger: New Icebreakers Could be Built in Florida
As the U.S. Coast Guard continues planning for the construction of the new icebreakers it desperately needs, U.S. shipbuilder Bollinger Shipyards says it has a facility suitable to build them.Bollinger says it has selected Tampa Shipyard for…
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Interview: John Canada, President, Ocean5 Naval Architects
John Canada founded Ocean 5 Naval Architects in 2007, arguably the worst time in history to start a maritime company as the industry was just entering the worst downturn in a generation. But more than 10 years later, and with the industry still in reco...
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KNUD E. HANSEN Expands in Canada
Naval architecture and marine engineering firm KNUD E. HANSEN has set up a permanent presence in the east coast port of Halifax, Nova Scotia, allowing the Denmark based company to increase its focus on Canada’s growing maritime sector as well…
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New ClassNK Guidelines for Liquefied Gas Carrier Structures
Classification society ClassNK has released its Guidelines for Liquefied Gas Carrier Structures – Independent Prismatic Tanks (Second Edition), which specify the technical requirements specifically related to the structural strength assessments…
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Transas to Promote Fleet Efficiency for Wilson Ship Management
Transas said it booked an order in Q1 2018 with the Norway-based fleet operator Wilson ASA to supply a Fleet Operations Solution (FOS) including onboard navigational and communication components to provide enhanced connectivity for business communicati...
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Lower Capesize Rates Halt Baltic Index Rally
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, edged lower on Monday for the first time in eight sessions on lower capesize rates.The overall index - which factors in rates for capesize…
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CMA CGM Made Merger Approach to Hapag Lloyd
The world's no. 3 container shipping line CMA CGM of France has made an exploratory approach to German rival Hapag-Lloyd over a possible merger as players in the sector hunt for tie-ups to beat depressed conditions, finance sources say.Three finance so...
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SAFEEN, ADNOC Pact for Oil Spill Emergency Response
Abu Dhabi Ports announced the signing of a Memorandum of Understanding (MOU) between its subsidiary, SAFEEN, a provider of world-class integrated marine and port services for Abu Dhabi Ports, and ADNOC Logistics & Services, in the area of oil spill co...
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