The Baltic Exchange's main sea freight index edged higher on Tuesday, helped by gains in supramax and panamax vessel rates, and marked its best month on record.The Baltic dry index, which tracks rates for ships ferrying dry bulk commodities and reflect...
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Shipbuilders Council of America Honors Buzby
The Shipbuilders Council of America (SCA), the national association representing the U.S. shipyard industry, today honored Maritime Administration (MARAD) Administrator Mark H. Buzby with the SCA Maritime Leadership Award during this year’s virtual adv...
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North Completes Integration of Sunderland Marine
North P&I Club announced it has completed the integration of the Sunderland Marine Insurance Company Limited business into parent company The North of England Protecting and Indemnity Association Limited.The formal transfer of business, which takes eff...
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The Little Bender That Could
Okay it’s not that little – it can bend up to 220 metric tons (240 US tons).But in the larger scheme of the U.S. economy, security and infrastructure; or of the country’s maritime competitiveness; or even the financial health of the Dakota Creek Indust...
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Svitzer Europe Names Karlsen COO
Kasper Karlsen, Senior Director at Maersk Drilling, will join Svitzer Europe as Chief Operating Officer from 1 July 2020, the company has announced today.Karlsen joins Svitzer Europe as COO after nearly 13 years with Maersk Drilling, where he…
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Ingalls Wins $936 Mln Contract to Build US Navy Destroyer
Huntington Ingalls Industries’ (HII) Ingalls Shipbuilding division has been awarded a $936 million contract for the construction of an additional Arleigh Burke-class (DDG 51) Flight III destroyer for the U.S. Navy. In 2018, Ingalls was awarded a $5.1 b...
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DP World Completes Integration of Unifeeder and Feedertech
DP World announce Tuesday it has finished integrating its recent acquisitions Unifeeder and Feedertech, creating a feedering and shortsea network serving hundreds of ports across the globe.Unifeeder, which recently acquired Feedertech, operates…
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COSCO Orders Three LNG Carriers at Hudong-Zhonghua
Hudong-Zhonghua Shipbuilding Co, a unit of China State Shipbuilding Corp, has signed contract to construct three liquefied natural gas (LNG) carriers worth 3.9 billion yuan ($551.62 million), reported the state-backed Jiefang Daily on Tuesday.The LNG c...
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Palfinger Delivers Jetty Cranes for Borssele 1 and 2 OWF Base
Crane specialist Palfinger has recently won an order to deliver two jetty cranes at the maintenance base in The Netherlands for Ørsted's new Borssele 1 and 2 offshore wind farms (OWF) in the Dutch North Sea.While the wind farm is still under constructi...
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World First Full Scale ‘Ammonia as Fuel’ Marine Four-Stroke Engine Test
While there is no consensus on the marine industry ‘fuel of the future’ that will meet ever tightening international emission mandates, a group of organizations has commenced what it is calling the world’s first long-term, full-scale, testing…
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