Two people died and another four were missing on Monday after a ship carrying coal sent a distress signal off the northern coast of Turkey, the coast guard and the local governor's office said.The Panama-flagged vessel, which departed from Russia's Azo...
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EMGS Vessel Utilisation Stands at 32% in 4Q
Norwegian geophysical services company Electromagnetic Geoservices ASA (EMGS) said that its vessel utilisation for the fourth quarter 2018 was 32% compared with 13% for the fourth quarter in 2017.For the full year 2018, the vessel utilisation was 33%…
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BAE Systems to Modernise USS Shoup
BAE Systems has received a $78.8 million contract for the maintenance and modernisation of the US Navy’s Arleigh Burke-class guided-missile destroyer, USS Shoup.The value of the competitively awarded contract could reach $87.6 million if all options ar...
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Wharf-Building Equipment Arrives Antarctica
A cargo ship loaded with 4,500 tonnes of steel and construction equipment required to build a new Antarctic wharf has arrived at British Antarctic Survey (BAS)'s Rothera Research Station.Staff awaiting its arrival cheered as the DS Wisconsin pulled alo...
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NYK Group Aims to Stay Ahead 2022 with Digitalization and Green
NYK president Tadaaki Naito in his New Year’s speech required the employees to execute the medium-term management plan “Staying Ahead 2022 with Digitalization and Green” announced in March of last year.He chartered out the three basic strategies…...
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Jinhui Shipping Sells Supramax Bulker
Jinhui Shipping and Transportation Limited, one of the world's largest Supramax owners, informed that its subsisidary Jinzhou Marine has decided to dispose of a Supramax bulk carrier.Jinzhou Marine signed a memorandum of agreement with the buyer for th...
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Small LNG Projects Crucial for Market: Drewry
Low prices, abundant supply and an aggressive shift towards cleaner gas for energy generation are creating strong demand for LNG, not just from large buyers, but also from small importers, said Drewry.In its market opinion report, Shefali Shokeen…
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MSC Intensifies North Sea Clean-up
Switzerland-based global container shipping and a company MSC Mediterranean Shipping Company said that it is directly taking over more of the clean-up of German and Dutch waters and beaches, following the recent container spill from the cargo…
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41 Flag States Recognize IRClass
The Indian Register of Shipping (IRClass) said that it is now recognised by 41 flag states globally, seeing recent additions in 2018 from the Netherlands, Vietnam, Jordan and Bahrain.Towards the end of 2018, it also received approval from Abu Dhabi Nat...
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Daehan Shipbuilding Gets DNV GL Approval for LNG Tanker
Korean shipbuilder, Daehan Shipbuilding (DHSC), has been given approval in principle (AiP) from International accredited registrar DNV GL for a new liquefied natural gas (LNG)-fuelled 115,000 dwt Aframax tanker.As the maritime industry continues to bu...
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