German shipbuilder MEYER WERFT announced Tuesday it has handed over the AIDAcosma to Carnival's German line AIDA Cruises. The 337-meter-long AIDAcosma runs on cleaner-burning liquefied natural gas (LNG). Sister ship AIDAnova, delivered in 2018…
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Boluda Towage Acquires Caledonian
Boluda Towage and GEG (Holdings) Ltd have signed an agreement for Boluda to acquire Caledonian’s towage activities and marine operations, together with the management, office staff and crew, based in Invergordon, Scotland.After the official closing of ...
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Carnival’s Long-term Demand Indicates Omicron Threat Will Fade Soon
Carnival Corp on Monday flagged a hit to its near-term bookings from Omicron, even as demand for cruises late next year and beyond suggest a short-lived impact from new coronavirus variants.Shares of Carnival gained 3.3% as the cruise operator…
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Baltic Dry Index Extends Fall as Vessel Rates Slide
The Baltic Exchange's dry bulk sea freight index fell for the ninth straight session on Tuesday, hovering near an eight-month low, tracking a retreat across its vessel segments.The overall index, which factors in rates for capesize, panamax and suprama...
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Offshore Wind Market set to Accelerate in North America
While many challenges remain to deliver the full promise of U.S. offshore wind, so too do opportunities. Robert Galinski, DNV’s Offshore Wind Director, Americas discusses the pace and direction of the U.S. offshore wind market from the perspective…
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Dozens Test Positive for Omicron Variant on Royal Caribbean Cruise Ship
Royal Caribbean Group said on Monday 48 people on its Symphony of the Seas cruise ship tested positive for COVID-19, fueling concerns that the new Omicron variant of the coronavirus could put a damper on a recovery in the cruise industry.The cruise ope...
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WFW Announces New Athens Office Head
Watson Farley & Williams (WFW) announced that, following the election of George Paleokrassas as the firm’s senior partner, partner Alexia Hatzimichalis will be taking over as Athens office head.Hatzimichalis, who joined the firm in 2001 and made partne...
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Does the US Have the Right to Sail Warships Through the South China Sea?
Images of what appeared to be U.S. warships emerged from China last month, but they were not anywhere near an ocean. In fact, they were thousands of kilometers away, in a desert in western China.Military experts said the mock-ups of U.S. warships…
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Hornsea 2: First Power Achieved at World’s Largest Offshore Wind Farm
Offshore wind developer Ørsted said Monday that first power on Hornsea 2 offshore wind farm in the UK was achieved after its offshore substation (OSS), the world’s largest offshore AC substation, and reactive compensation station (RCS), were installed ...
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GC Rieber Sells Polar Onyx Vessel to Taiwanese Offshore Wind Venture
Oslo-listed GC Rieber Shipping has agreed to sell its SURF / Construction Vessel Polar Onyx to Taiwan-based offshore wind service conglomerate Dong Fang Offshore and Hung Hua Construction.The delivery of the vessel, built at Ulstein Verft in 2014…
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