The Baltic Exchange, the a membership organisation for the maritime industry, and freight market information provider for the trading and settlement of physical and derivative contracts, has launched a new assessment to track the cost of operating…
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Royal Boskalis Wins $93.7mln European Contracts
Dutch dredging and heavylift company Royal Boskalis Westminster has been awarded two contracts worth 85 million euro ($93.7 million) combined for strengthening and protecting a stretch of seafront coastline from erosion in Romania and the United…
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AIDAperla Receives Corvus Battery System
Carnival Corporation's Germany brand AIDA Cruises and Corvus Energy have signed a deal to retrofit the AIDAperla with a 10MW battery pack, the largest to date set to be featured on a cruise vessel."The order is for a 10MWh Energy Storage System (ESS) t...
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Frontline, Trafigura Extend Suezmaxes Option
Frontline, the world's largest oil tanker shipping company, and Trafigura Maritime Logistics (TML) have agreed to extend an option for Frontline to acquire two Chinese-built suezmax tankers.The first option to acquire two Suezmax tankers expires on 12 ...
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CMA CGM Launches Rhine Valley Rail
The CMA CGM Group has introduced Rhine Valley Rail, a new rail service connecting the Port of Rotterdam with the German hinterland. The train connections are aligned with CMA CGM’s deep-sea services.Operated in cooperation with TFG, the Rhine…
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Newfound comet likely an ‘interstellar visitor,’ scientists say
A newly discovered comet hurtling toward the orbit of Mars has scientists scurrying to confirm whether it came from outside the solar system, a likely prospect that would make it the second such interstellar object observed in our planetary neighborhoo...
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MOL Tests FOCUS EYE Project
Japanese shipping giant Mitsui O.S.K. Lines announced the joint development, along with SenseTime Japan, of a new vessel image recognition and recording system, and the system’s installation for demonstration testing aboard the cruise ship "Nippon Maru...
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GESAMP Celebrates 50 Years in Ocean Science
When developing policies or strategies affecting the ocean, the United Nations system needs to base its work on a solid, scientific foundation.That is provided by GESAMP, a unique independent body administered by International Maritime Organization (IM...
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Water found in atmosphere of planet beyond our solar system
Scientists for the first time have detected water in the atmosphere of an Earth-like planet orbiting a distant star, evidence that a key ingredient for life exists beyond our solar system, according to a study published on Wednesday.
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Marine Coatings Market: Clean, Green & $9.3B by 2025
In its latest analysis of the marine coatings sector, UK-headquartered market analyst Frost & Sullivan’s has shown that increased development and adoption of more environmentally sustainable and durable antifouling coatings using higher priced…
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