Austal Australia has rolled out the hull (No. 394) and attached the superstructure for the first of two 118 meter trimarans under construction for Fred. Olsen Express of the Canary Islands.‘Bajamar Express’ was rolled out onto the hardstand…
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BIMCO: Supply & Demand Trending Off-Balance
One of the most worrying trends that has developed recently - which will affect shipping demand in the years to come - is the falling trade-to-GDP ratio. The falling ratio can be explained by slowing globaliztation as well as increasing protectionist m...
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DOJ: F/V Owner & Operator Fined $1 mln
Fishing Vessel Owner and Operator Plead Guilty and Fined $1 Million for Discharging Oily Waste into the Coastal Waters of the United States Sea Harvest Inc., operator of the fishing vessels Enterprise and Pacific Capes, along with Fishing Vessel Enterp...
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Elbit Systems launches nanosatellite for commercial communications
Israeli defense electronics firm Elbit Systems said on Wednesday its nanosatellite, called Nanova, was successfully launched into space.
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DECK MACHINERY: A Step Up in Safety
How NABRICO’s FASST Winder Winch created a safer work environment.Great ideas can come anytime, from anyone. For NABRICO, a field team member’s understanding of the physical exertion required to operate a ratchet handle, while also acknowledging…
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Zvezda Shipyards Secures Arc7 Tanker funding
Russian state development bank VEB said on Tuesday it has provided first tranche worth $66 million to Rosneft-led Zvezda shipyard to finance construction of the first Arc7 gas tanker for Novatek's Arctic LNG 2 project.VEB has said its board has approve...
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Training Tips for Ships: #7 – Stop Lecturing Me!
Does your training still employ traditional “classroom style” lectures where an expert conveys their knowledge to your trainees?If so, your training is an example of a diminishing trend; there is an industry-wide move away from lectures. The…
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James Fisher Wins EA1 O&M Gig
James Fisher Marine Services (JFMS), provider of marine engineering services, has been awarded scheduled maintenance contract on one of the leading offshore wind farms of the future.The specialist in services to the marine, oil and gas said that as per...
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Seabed Geosolutions Sells OBC System
Seabed Geosolutions, the provider of comprehensive ocean bottom seismic (OBS) solutions to the global oil and gas industry, has signed a contract to sell the entirety of its shallow water ocean bottom cable (OBC) recording equipment.The joint…
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Pyxis Sells a Product Tanker
The Greek marine transportation provider Pyxis Tankers Inc announced that it had agreed to sell the Pyxis Delta, a 2006 built 46,616 dwt product tanker.The emerging growth pure play product tanker company said that the closing of the sale should occur ...
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