ABS, Partners to Advance Autonomous Shipping

Houston-based classification society ABS has joined the Unmanned Cargo Ship Development Alliance to work with ...

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Campbell Shipping Hires ISS for Husbandry Services

The Bahamas-based Campbell Shipping has entered into a global husbandry representation contract with Inchcape ...

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OFE: Crude Tanker Market Faces Further Headwinds

Recent developments in the crude tanker market, such as the delay in the IMO Ballast Water Management Convention ...

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ABS Classes US-Built Liquefied Gas Barge

US-based classification society ABS has classed the Harvest, an articulated tug barge (ATB) purpose-built to ...

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Drewry: FSRUs More Profitable than LNG Carriers

Despite falling freight rates for floating storage regasification units (FSRUs), investment returns at current ...

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Carrier Reliability Continues Growing

Carriers’ overall on-time and transit time reliability improved by 6.8%, increasing from 63.3% in May 2017 to 70.1% ...

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DryShips: Court Rejects Preliminary Injunction Motion

The High Court of the Marshall Islands has denied a motion for a preliminary injunction filed by plaintiff Michael ...

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GPA Handles Record Volumes in FY2017

The Georgia Ports Authority moved an all-time high of 3.85 million TEUs in fiscal year 2017, representing an ...

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Port of Antwerp Invests in Brazilian Port of Açu

Port of Antwerp, through its subsidiary Port of Antwerp International (PAI), will invest USD 10 million in Porto do ...

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North Europe-America Spot Rates to Remain Stable

In the first five months of this year, North European exports to North America registered a rise of 5.7%, according ...

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Philly Shipyard Inks LOI for Containership Quartet

Philly Shipyard, a wholly- owned subsidiary of Philly Shipyard ASA, has entered into a Letter of Intent (LOI) with ...

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LA, LB Ports' Zero Emission Plan to Cost Up to USD 14 Bn

The ports of Los Angeles and Long Beach have set out aggressive near-term and long-term strategies to cut harmful ...

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GOGL Takes Over Final Quintana Bulker

Nasdaq-listed bulker owner Golden Ocean Group Limited (GOGL) took delivery of the last of 16 dry bulk vessels ...

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Clarksons: Global Shipyard Capacity Down by 62 Pct

The number of active shipyards on a global scale has dropped by 62 percent since the beginning of 2009, according ...

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NextDecade Looks to Build LNG Terminal at Port of Cork

LNG development company NextDecade has signed an agreement to investigate the development of a new floating storage ...

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Embattled DryShips Presses On with Reverse Stock Split

Nasdaq-listed shipowner DryShips said on Tuesday its Board of Directors signed off a 1-for-7 reverse stock split of ...

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Canada Extends St. Lawrence Seaway Management Deal

The Government of Canada has agreed a five-year extension of a deal with the St. Lawrence Seaway Management ...

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DryShips: Class Action Lawsuit without Merit

Responding to the recent class action lawsuit filed in the US District Court, Greek shipowner DryShips said the ...

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Philly Shipyard Posts Higher H1 Net Income

Oslo-listed Philly Shipyard ASA recorded USD 19.4 million in net income for the first half of the year, ...

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GCT Closes Deltaport Terminal amid Hazmat Incident

Canada’s port operator Global Container Terminals (GCT) suspended gate operations at its Deltaport terminal ...

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First Vessel Over 13,000 TEUs Calls at Port of NY & NJ

On July 17, Hong Kong-based container carrier Orient Overseas Container Line (OOCL) and Salt Lake City, Utah, ...

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Port of LA Ends Fiscal Year with Record Volumes

The Port of Los Angeles closed its 12-month fiscal year with total cargo volumes of 9.2 million TEUs, hitting its ...

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Laura Maersk Suffers Engine Issue off Alaska

The 265-meter-long containership Laura Maersk, which went adrift on July 14, was towed to Dutch Harbor, according ...

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Asphalt Tanker Loses Power off Nantucket

The Marshall Islands-flagged tanker Asphalt Sailor was stuck some 210 miles off the coast of Nantucket, ...

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Clarksons: VLGC Earnings 42 Pct below Trend

Very large gas carriers (VLGC) have seen their earnings dwindle 42 percent below trend, as the tanker market moved ...

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DryShips Hit by Class Action Lawsuit over Shares

Investors have filed class action lawsuit in New York District Court against Greek shipowner Dryships, and some of ...

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