Image of the Day: Navy Ships in Formation

Image of the Day: Navy Ships in Formation

Today’s image of the day shows the U.S. Navy and Japan Maritime Self-Defense Force ships transiting in formation during the conclusion of an exercise in the waters off Japan’s southern coast. The photo has ...

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One Dead, Three Injured in Oil Platform Blast off New Orleans

One Dead, Three Injured in Oil Rig Explosion off New Orleans

One worker died and three more were injured in an explosion on Fieldwood Energy’s Echo Platform located in ...

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Hyundai Heavy Sees First Strike in 18 Years

Hyundai Heavy Sees First Strike in 18 Years

Unionised workers at South Korea’s shipbuilding giant Hyundai Heavy Industries staged their first industrial action ...

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OW Bunker’s Board Never Approved Tankoil Loan

OW Bunker's Board Never Approved Tankoil Loan

The credit line worth up to USD 130 million that was given by Singapore arm of Danish marine fuel distributor OW ...

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Russian IEA to Order Up to 30 Ships

Russian IEA to Order Up to 30 Ships

Russian Industrial and Ecological Alliance CJSC is looking to order up to 30 ships, according to the ...

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Small Island States Still Cut Off from Major Trade Routes

Small Island States Still Cut Off from Major Trade Routes

Small island developing states (SIDS) face severe and complex transport challenges, UNCTAD’s Review of ...

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ZIM Climbs the Hole

ZIM Climbs the Hole

Israeli containership owner and operator ZIM has managed to cut its loss for the quarter ending September 30 on the ...

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Westminster Group Clinches West Africa Ferry Deal

Westminster Group Clinches West Africa Ferry Deal

The U.K.-headquartered Westminster Group Plc. has through its Managed Services division secured a 21 year agreement ...

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Fincantieri Teams Up with Carnival and CSSC

Fincantieri's Monfalcone shipyard

Italian shipbuilder Fincantieri has signed two memorandums of understanding (MoU), one with cruise liner giant ...

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Exmar Shelves IPO

Exmar Shelves IPO

Antwerp-based LNG and LPG carrier owner and operator Exmar has decided to delay the launch of the contemplated ...

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Pullmantur Increasing Capacity with Majesty of the Seas

Royal Caribbean's Majesty of the Seas

Cruise company Royal Caribbean Cruises Ltd. will transfer Majesty of the Seas from its Royal Caribbean ...

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DSME to Unveil Floating Storage Power Plant Concept

DSME to Unveil Floating Storage Power Plant Concept

South Korea’s Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME) has made plans to introduce a new ...

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Two More Icebreakers for Havyard

Havyard 843 Ice design

Havyard Ship Technology AS has signed a contract with an undisclosed international shipping company for the design ...

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Oldendorff Stretches Financing for Two Ultramax Newbuildings

Oldendorff Stretches Financing for Two Ultramax Newbuildings

German shipowner and operator Oldendorff Carriers has secured a 12-year financing extension for its two 60,500 dwt ...

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Carnival Cuts CO2 Emissions Ahead of Schedule

Royal Princess

Cruise giant Carnival Corporation & plc has met its corporate goal to reduce its rate of CO2 emissions from ...

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Tanker Market Flourishing, Dry Bulk Mostly Down

anker Market Flourishing, Dry Bulk Mostly Down

The Drewry All Earnings Index, which covers the main bulk shipping markets, jumped 53% in October to stand at 200 ...

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China Earth Fined for Queensland Garbage Disposal

China Earth Fined for Queensland Garbage Disposal

China Earth Shipping Incorporated was convicted of illegally discharging garbage and fined USD 20,000 in the ...

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Suezmax Tanker Market Strong

NAT CEO and Chair, Herbjørn Hansson

The recent drop in the oil price is positive for world tanker business, Herbjørn Hansson, Chairman & CEO of ...

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Sewol Operator Chief Gets Ten Years

sewol

South Korea’s Gwangju District Court sentenced the head of the company that operated the sunken Sewol ferry, ...

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