Classification society ClassNK has issued an approval in principle (AIP) for an ammonia fueled 200,000 DWT type bulk carrier jointly developed by ITOCHU Corporation, Nihon Shipyard Co., Ltd., Mitsui E&S Machinery Co., Ltd., Kawasaki Kisen Kaisha, Ltd.
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Baltic Index Hits 1-week High as Vessel Rates Gain
The Baltic Exchange's dry bulk sea freight index .BADI touched a one-week high on Thursday, propelled by stronger demand across vessel segments.The overall index, which factors in rates for capesize, panamax, and supramax shipping vessels carrying dry ...
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Reach Subsea to Add Two ROV Support Vessels to Its Fleet
Norwegian subsea services company Reach Subsea said Thursday it had struck a deal to expand its operating fleet with two ROV support vessels.The company said it had secured "significant vessel capacity for the coming four years" through a deal…
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Vigor Wins Repair Contract for Hospital Ship USNS Mercy
Portland, Ore.-based Vigor Marine has been awarded a contract for a 90-calendar day shipyard availability for a mid-term availability of Military Sealift Command’s hospital ship USNS Mercy (T-AH 19).The $20,187,816 firm-fixed-price contract includes a ...
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Proman Stena Bulk Names Its First Methanol-fueld Tanker in Trinidad & Tobago
In a ceremony held in Trinidad and Tobago on November 23, 2022, Proman Stena Bulk Ltd formally named its first newbuild IMOIIMeMAX methanol-fueled 49,900 DWT vessel, Stena Pro Patria.Stena Pro Patria is the first of three methanol-fueled vessels…
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ABB’s Shaft Generator Systems for COSCO’s Ten Container Ships
ABB has secured a contract with the Chinese shipyard COSCO Shipping Heavy Industry (Yangzhou) Co. Ltd., to equip 10 China COSCO Shipping Corporation Limited container vessels with its permanent magnet shaft generator systems. Due for delivery by the en...
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Schottel to Propel Four China-built Wind Turbine Installation Vessels
Schottel azimuth thrusters will propel four newly built wind turbine installation vessels (WTIVs) for Ouyang Offshore in Shanghai.The first vessel will be delivered in the fourth quarter of 2022, and these vessels will be able to install giant…
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Sail Freight: Fair Winds or Grassroot Sustainability?
Climate change advocates and seafarers recently gathered for a small conference at the Hudson Valley Maritime Museum in Kingston, N.Y., to discuss the shipping industry’s struggle to achieve sustainability and environmental compliance.The setting, the ...
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US Kicks Off Unmanned & AI Systems Integration Event in Bahrain
U.S. 5th Fleet began a three-week unmanned and artificial intelligence integration event in Bahrain, Nov. 23, that will involve employing new platforms in the region for the first time.The event, called Digital Horizon, will advance the command’s…
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ABS Publishes Detailed Requirements for Composite Repairs
The ABS Requirements for Bonded and Composite Repairs of Steel Structures and Piping is the latest in a portfolio of technical requirements from the classification organization to support the marine and offshore industries.Particularly with…
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