Wärtsilä Bolsters Ties with Höegh LNG

Finnish technology group Wärtsilä has been contracted to provide both equipment and maintenance for floating ...

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Uljanik and ETCA Caspian Jointly Target Gas Shipping Market

Croatian shipping company Uljanik Plovidba and Cyprus-based ETCA Caspian Limited have formed a joint venture ...

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Containerships Secures Funding for LNG Push

Finland’s Containerships plc has secured EUR 16.9 million (USD 18m) to finance the project of implementing ...

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Angelicoussis Group Returns to DSME for Three VLCCs

South Korea’s financially troubled Daewoo Shipbuilding & Marine Engineering (DSME) has won a contract to ...

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Megaships to Call on Brisbane's Cruise Terminal by 2019/20

Cruising ‘Down Under’ is yet to be given a new flavor as Queensland readies to attract giant cruise ...

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KHI Moves Merchant Ship Construction to China

Japan’s Kawasaki Heavy Industries (KHI) is to shift merchant ship construction from Japan to China and reduce ...

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OCEAN Alliance Starts Ploughing the Seas

CMA CGM, COSCO Container Lines, Evergreen Line and Orient Overseas Container Line (OOCL) launched the forty new ...

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HHI Sets Aside USD 1.8 Billion to Develop Green Smart Ships

South Korea’s Hyundai Heavy Industries (HHI) Group plans to invest USD 1.8 billion in research and ...

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Drewry: 2017 a Year of Small Comeback for Container Carriers

2017 should be a year of small profits for most container carriers but there will be very little room for error, ...

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Sea Shepherd: Japan Kills Another 333 Minke Whales

The Japanese whaling fleet has reached its self-allocated quota of killing 333 minke whales in the Southern ...

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MOL Reports USD 183 Mn Extraordinary Loss

Japanese shipping major Mitsui O.S.K. Lines has booked an extraordinary loss worth JPY 20.5 billion (USD 183 ...

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No Significant Recovery for MPV Rates before 2018

Rates in the multipurpose shipping sector seem to have bottomed out as signs of market recovery emerge after ten ...

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ClassNK Issues Guidelines for Liquefied Hydrogen Carriers

Tokyo-based classification society ClassNK has released its Guidelines for Liquefied Hydrogen (LH2) Carriers. The ...

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Bulker Allowed to Enter New Zealand Waters after Cleaning

The bulk carrier DL Marigold has been allowed to return to New Zealand’s port of Tauranga after it was ...

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Cyclone Debbie Closes North Queensland’s Ports

Ports of Abbot Point, Hay Point and Mackay have been closed after severe Tropical Cyclone Debbie hit the North ...

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New Alliances to Feature Many Direct Route Changes

Ahead of the launch of the reshuffled alliances in April 2017, the shipment services provider CargoSmart said that ...

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MSI: Is the Boxship Industry Really Recovering?

Following the first quarter of 2017 optimism seen in the containership industry, as well as the sentiment shift in ...

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LNG Fleet Thrives as Natural Gas Gains Popularity

As liquefied natural gas (LNG) gained momentum over the last decade, becoming an increasingly important form in ...

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Australia Set to Reform Its Coastal Shipping

The Australian Government is proposing a reform of the country’s coastal shipping sector stating as its aim ...

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iContainers: New Alliances to 'Shake Things Up'

New shipping alliances set to come into effect next week will lead to a shortage of options for freight forwarders, ...

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Owners Sending Fewer Ships to Scrapyards

Shipowners’ interest is being diverted away from the recycling market with secondhand vessel values rising, ...

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Global Box Volumes Prosper in Late 2016

Following a slow first half of 2016, port throughput rebounded in the second half of the year pushing the global ...

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Shipping Confidence Steady amid Fierce Competition

Shipping confidence held steady in the three months to end-February 2017, according to the latest Shipping ...

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Warranty Surveyors to Reduce Cargo Shifting Risk

Due to a recent increase in the incidence of deck cargoes shifting in heavy weather, the London P&I Club said ...

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Industry Looking for Ways to Return to Faster Volume Growth

The shipping industry is looking for ways to return to faster expansion in volumes as the slowdown in volume growth ...

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Giant Boxships Pose Risks That Are Not Being Discussed

There are numerous risks of technical nature not being considered when opting to construct the ever bigger ...

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BIMCO: Dry Bulk Industry's Road to Profitability

The dry bulk shipping industry remains well on target for profitable freight rates in 2019 if the projected fleet ...

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