The Monaco-headquartered provider of marine drybulk transportation services Safe Bulkers Safe Bulkers has sold and leased back eight ships to refinance $105.2m in loans coming due in 2023 and 2025.The New York-listed bulker owner said that it…
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Phoenix Tankers Adds New LPG Carrier
Japan's Kawasaki Heavy Industries (KHI) has delivered the Phoenix Gaia, an 82,200 m3 capacity liquefied petroleum gas (LPG) carrier, for Phoenix Tankers Pte. Ltd.According to a press note from the shipbuilder, Phoenix Gaia is the 60th LPG carrier…
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Diana Shipping Fixes Astarte with Aquavita
Diana Shipping through a separate wholly-owned subsidiary, it has entered into a time charter contract with Aquavita International S.A., for one of its Kamsarmax dry bulk vessels, the m/v Astarte.According a press release from the global shipping…
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THE Alliance Welcomes HMM
The members of THE Alliance, Hapag-Lloyd, Ocean Network Express, and Yang Ming have welcomed Hyundai Merchant Marine (HMM) as a new core member of THE Alliance.With the US Federal Maritime Commission (FMC) acceptance of HMM membership, THE Alliance…
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Kalmar Delivers MCT 200th Straddle Carrier
Kalmar, a provider of cargo-handling solutions and services to ports and terminals, and Italy's Medcenter Container Terminal (MCT), are celebrating the delivery of the terminal's 200th straddle carrier.Both companies participated in a joint…
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Port NOLA Sets New Box Record
Louisiana’s only international container port Port of New Orleans (Port NOLA) moved more containers in 2019 than at any time in its history, totaling 648,538 twenty-foot equivalent units (TEUs), up 10% compared to one year ago.The multimodal…
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Keel Laid for Canadian Navy Joint Support Ship
North Vancouver shipbuilder Seaspan Shipyards on Thursday held a keel laying ceremony for the Royal Canadian Navy’s future joint support ship HMCS Protecteur.Scheduled for 2023 delivery, the newbuild is the first of two joint support ships to…
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The Mighty Mississippi: Taming the Bull
The beneficial use of dredge material sets a record in FY 2019. And, we’re just getting started. Funding will be the key.In mid-November 2018, concerns began to rise about an unseasonably high river stages on the Upper Mississippi River Basin generated...
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Deep-sea microbe sheds light on primordial evolutionary milestone
A microorganism scooped up in deep-sea mud off Japan's coast has helped scientists unlock the mystery of one of the watershed evolutionary events for life on Earth: the transition from the simple cells that first colonized the planet to complex cellula...
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Crowley Realigns Its Marine Services Group
US-based Crowley Maritime Corp. announced on Wednesday that it has realigned its marine services organization and introduced new leadership.In a move that aims to provide better support to customers, Crowley Marine Services, part of the company’s shipp...
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