A proposal for new legislation has to advance digitalisation of the Danish International Registry of Shipping (DIRS) been submitted to the Danish Parliament.If adopted, digital ship registration will move closer to becoming reality, which will…
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Trade War Contributes to U.S. LNG Export Decline
The number of U.S. liquefied natural gas vessels that went to China in 2018 fell by around 20 percent from the prior year as the trade war between Beijing and Washington heated up.In recent weeks, however, that dispute has cooled somewhat with talks in...
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Jensen Maritime Designs New Tier IV Tractor Tugs for Foss
Jensen Maritime, Crowley Maritime Corp.’s Seattle-based naval architecture and marine engineering company, has provided the detailed design for an initial four, with an option for six additional, Tier IV tractor tugboats being built by Nichols…
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Seaway Tolls, Wharfage Charges both to Increase by 1.0% in 2019
The St. Lawrence Seaway Management Corporation (SLSMC) announced a toll rate increase of 1.0% for the 2019 navigation season.Tariffs:The new revised tariff will be posted and available on the Seaway website today.Wharfage Charges:The St. Lawrence…
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EBDG Opens East Coast Office
Expansion Strengthens Client Access and Relationship Management.Elliott Bay Design Group proudly announces the opening of its new East Coast office in New York. The office will provide professional engineering and naval architecture services…
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Shipbuilding: French, German Intervention Upsets Italy
Italian Deputy Prime Minister Matteo Salvini attacked France and Germany on Tuesday over their role in a European Union investigation into a planned merger involving Italian shipbuilder Fincantieri."What has happened is extremely serious, France and Ge...
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New Guidance on DP Systems
The International Marine Contractors Association (IMCA) announced Tuesday it has completed its existing guidance on dynamic positioning (DP) with the newly published ‘Guidance to Identify DP System Components and their Failure Modes’ (IMCA M…
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ABS Opens New Headquarters
Classification society ABS on Tuesday held an official ribbon-cutting ceremony to formally open its new global headquarters in Spring, Texas.“This is a significant milestone in our 157-year history and reaffirms our commitment to provide industry…
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Towing Vessel Sinks on the Tennessee River
The U.S. Coast Guard said it is responding to a sunken towing vessel near mile marker 22 on the Tennessee River, Tuesday. The two crew members on board were able to evacuate safely.The nearby Kentucky Lock and Dam has ceased locking operations…
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VesselsValue Weighs in on 2019 Future Winners!
Overall, the outlook for shipping asset prices remains bright, but several areas are more attractive than others.The VesselsValue forecast takes many factors into consideration when assessing each vessel class and age. Today we’ll look at some…
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