Defense, engineering and IT conglomerate Leidos announced on Friday it has completed its $380 million cash acquisition of marine engineering and naval architecture firm Gibbs & Cox.The deal, announced in February, will see Gibbs & Cox operate…
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New LNG Bunker Ship Christened in Antwerp
A new liquefied natural gas (LNG) bunkering vessel was christened in the Port of Antwerp on March 23.The new vessel, named FlexFueler 002, was built by Dutch shipbuilder Kooiman Marine for owners gas infrastructure group Fluxys and LNG supplier Titan L...
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Diana Shipping Strikes Kamsarmax Charter Deal with Bocimar
Dry bulk shipping company Diana Shipping has entered into a time charter contract with Bocimar for its Kamsarmax dry bulk vessel, the m/v Myrsini. Diana Shipping said Friday that the gross charter rate was US$27,750 per day, minus a 5% commission paid ...
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Japanese Manufacturers Team to Develop Hydrogen Engines for Maritime
Kawasaki Heavy Industries, Ltd., Yanmar Power Technology Co., Ltd., and Japan Engine Corporation formed a consortium of Japanese engine manufacturers to pursue joint development of hydrogen fueled marine engines for ocean-going and coastal vessels.Kawa...
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Singapore Marks first STS Bunkering of an LNG-fuelled Oil Tanker
The bunkering operation was carried out by FueLNG Bellina, Singapore’s first Liquefied Natural Gas (LNG) bunkering vesselShell’s Aframax tanker ‘Pacific Emerald’ is the first oil tanker to be LNG-bunkered in SingaporeFueLNG, together with the Maritime ...
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Engage Marine Orders Three Tugs from Damen
Damen Shipyards Group said it has been awarded a contract by Australia-based Engage Marine for the delivery of three new tugs.Engage Marine will operate the three tugs to provide towage services for the Port of Abbot Point. The company has recently…
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DCT Gdańsk Baltic Hub 3 Project: Invitation for Prequalification
DCT Gdańsk S.A. has started a prequalification process to tender for the Baltic Hub 3 Project. DCT invites firms and joint ventures to prequalify to tender for Baltic Hub 3 General Contractor. The project in-cludes:Site establishment and demolition of ...
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China Posts Rapid Trade Growth in April
China extended its impressive trade performance in April, with exports unexpectedly accelerating and import growth hitting a decade high, in a boost to the world’s second-largest economy.A brisk U.S. economic recovery and stalled factory production…
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China’s Iron Ore Imports in April Drop Due to Bad Weather
China's iron ore imports fell 3.5% in April from a month earlier, official customs data showed on Friday, as shipments to the world's top iron ore consumer from major suppliers were disrupted by inclement weather.Arrival volumes of the steelmaking ingr...
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Vattenfall Picks Island Offshore Vessel for Offshore Wind W2W in Germany
Norwegian offshore vessel operator Island Offshore, mostly known for its offshore vessel services in the Norwegian oil and gas industry, has recently won a walk-to-work contract with Vattenfall in the offshore wind sector in Germany.Island Offshore…
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