Sustainability in the heavy lifting industry

Cost efficiency and sustainability, two topics that are frequently discussed in the offshore and maritime industry. There are many developments and innovations going on in this area.

Songa Bulk Brings Its Vessel Tally to 15

Oslo-listed bulker owner Songa Bulk ASA has entered into an agreement to acquire a 2012-built Kamsarmax bulker ...

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Second 11,000 TEU SAVER Ship Joins Seaspan's Fleet

Hong Kong-based ship owner and manager Seaspan Corporation has taken delivery of an 11,000 TEU containership, the ...

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Fuel Tankers Diverted after Gunmen Attack on Al-Zawiya

Libya’s National Oil Corporation (NOC) has diverted fuel tanker vessels from Al-Zawiya to Tripoli after an ...

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Tanker Grounds after Colliding with Bulker off Antwerp

The 40,600 dwt tanker Seatrout has run aground off Antwerp after it collided with the bulk carrier Usolie. The ...

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Qatargas Inks 3-Year LNG Supply Deal with BOTAŞ

Doha-based liquefied natural gas (LNG) company Qatargas has signed a medium-term sales and purchase agreement with ...

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Klaipėdos' LNG Reloading Station Gets Commissioning Cargo

Oil and LNG terminals operator Klaipėdos Nafta (KN) has started commissioning works at its LNG reloading station ...

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Damen to Open Service Hub in Novorossiysk

Damen Shipyards Group plans to establish a service hub in the Russian port of Novorossiysk as it has signed a ...

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K Line to Invest USD 718 Mn by 2019

Japanese shipping company Kawasaki Kisen Kaisha (K Line) revealed plans to make investments totaling JPY 80 billion ...

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Brokers: Vale Tied to Up to 30 New Valemaxes

Brazilian miner Vale has been linked to a time charter deal for up to 30 Valemax newbuilds contracted from seven ...

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Maersk Sells Maersk Tankers

Danish shipping and energy conglomerate A.P. Møller – Mærsk has today signed an agreement to sell Maersk ...

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CMA CGM Confirms CSSC Yards for 22,000 TEU Giants

French shipping firm CMA CGM and CSSC Group have officially signed the contract for the construction of nine 22,000 ...

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TEN's Net Income Drops while Revenues Rise

Despite an increase in its voyage revenues for the period ended June 30, 2017, Greek tanker operator Tsakos Energy ...

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Offen Group, DEVK Abandon Marenave

The existence of German shipping trust Marenave Schiffahrts comes once again into question as the proposed capital ...

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The Post-Hanjin Era: Freight Rate Truce Is Over

It has taken a whole year for all of the idle ships of South Korean defunct shipping company Hanjin Shipping to be ...

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Report: Palmali Files USD 2 Bn Claim against Litasco

Turkish shipping company Palmali has reportedly filed a claim against Litasco, the international marketing and ...

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More Troubles for DSME’s Orderbook?

South Korea’s Daewoo Shipbuilding and Marine Engineering (DSME) said on Monday that its Memorandum of ...

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Coralius Completes 1st LNG Ship-to-Ship Bunkering

Image Courtesy: Skangas Skangas’ Coralius has bunkered a vessel with liquefied natural gas (LNG) for the ...

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Wärtsilä Nacos Platinum Selected for 2 New Mega Yachts

Finnish technology group Wärtsilä has been contracted to supply its Nacos Platinum integrated bridge system for two ...

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2M Partners Resume TA3 Calls at APMT Rotterdam

Danish container shipping company Maersk Line and Swiss-based Mediterranean Shipping Company (MSC) are resuming ...

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Spotted: Ailsa's Hull Hits the Water

The floating storage and offloading (FSO) unit Ailsa undocked last week in Singapore, marking the first time the ...

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Ernst Russ' Earnings Rise amid Restructuring

German asset and investment management company Ernst Russ informed that its first half of 2017 financial ...

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Infosys to Transform CMA CGM's Information System

French shipping giant CMA CGM has signed a strategic partnership with technology company Infosys to accelerate the ...

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CentrePort's Cranes Resume Container Ops

New Zealand CentrePort’s two ship-to-shore cranes are back in action – the first time since last November’s ...

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IUMI Calls for Better Firefighting Systems aboard Boxships

With the growing size of container vessels concerns arose that current firefighting provisions are insufficient. ...

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Drugs Found on Danaos Containership in Peru

An unidentified quantity of drugs was found on board a container vessel Dimitris C while in the port of Ilo, Peru, ...

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ESC Seeks Reduction of Guarantees Burden

European Shippers’ Council (ESC), together with the other associations, is looking for a way to cut the ...

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BCOs Need to Rethink Contract Negotiation Strategy

Contract freight rates paid by Beneficial Cargo Owners (BCOs) to move their products by container have increased ...

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