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MSC’s eco-friendly containership sets new world record at Port of LA
Last week, the Port of Los Angeles, MSC Mediterranean Shipping Company, APM Terminals Los Angeles and International Longshore and Warehouse Union (ILWU) workers successfully moved 18,465 containers...
View ArticleBV Marine Singapore, PSA Marine carry out remote survey of LNG-dual fuel tug
PSA Marine (Pte) Ltd has partnered up with Bureau Veritas Marine Singapore and Maritime and Port Authority of Singapore (MPA) in a project that involved conducting a remote marine survey for PSA...
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Holland Shipyards wins deal for electric ferry duo
Holland Shipyards Group has won a contract for the delivery of two fully electric ferries from Norwegian ferry company Boreal. The vessels are planned to be put into operation on the Abelnes-Andabeløy...
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Port of Corpus Christi reports 1st positive COVID-19 case
An employee at Port of Corpus Christi Authority (PCCA), America’s top crude oil exporting port, has tested positive for COVID-19, the port authority announced, adding it expected to identify positive...
View ArticleOver 20 containers fall overboard near Hilo
Several 40-foot containers fell overboard from a barge near Hilo, Hawaii, on 22 June 2020, the US Coast Guard (USCG) said. The cargo was lost from the barge Ho Omaka Hou as the tug Hoku Loa, and its...
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MOL shrinking fleet by 40 ships as part of defensive measures in response to...
Japanese shipping major Mitsui O.S.K. Lines (MOL) has devised a plan comprising defensive measures the company should take in order to reduce market exposure and reexamine investment activities in...
View ArticleEntire Maersk Line fleet to get Wilhelmsen SBA ropes
The entire fleet of Danish shipping major Maersk Line is to be equipped with Wilhelmsen’s Timm ropes featuring Snap Back Arrestor (SBA), the Norwegian maritime group said. As informed, an intensive...
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Sea Intelligence: Carriers to see $9 billion profit in 2020 if they manage to...
Container shipping companies’ fight to maintain freight rates high through capacity management seems to have paid off, beating forecasts on carrier profitability. The liners’ ability to adapt to the...
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New TMS Cardiff Gas LNG carrier delivered to Total
Greece-based shipping company TMS Cardiff Gas has taken delivery of a new LNG tanker built by South Korea’s shipbuilder Samsung Heavy Industries. LNG carrier Qogir (Image: TMS Cardiff Gas) The newest...
View ArticleRoyal Caribbean’s JV Pullmantur files for reorganisation
Cruises Investment Holding and Royal Caribbean Group (RCL) have filed for the reorganisation of their Pullmantur Cruceros joint venture under the terms of Spanish insolvency laws. Cruises Investment...
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Stena RoRo’s ferry outfitted with hybrid scrubbers
Stena RoRo has converted the former Stena Superfast X day ferry into a night ferry, boosting the ship’s capacity and outfitting it with hybrid scrubbers. Hybrid systems have the flexibility to operate...
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Hapag-Lloyd Cruises: Europa 2’s cold ironing certified by DNV GL
Europa 2, a cruise ship operated by Germany-based cruise line Hapag-Lloyd Cruises, has had its cold ironing connection certified by the classification society DNV GL. Image Courtesy: Hapag-Lloyd...
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Construction starts on 2nd Wallenius SOL LNG RoRo
China’s CIMC Raffles, part of the CIMC group, has started building the second LNG-powered RoRo ship for Sweden’s Wallenius SOL. Image: Wallenius SOL CIMC Raffles started working on the newbuild on...
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Tiger gas orders LNG tank carriers at Yangzijiang
China’s Yangzijiang Shipbuilding has secured an order from Hong Kong-based Tiger Gas to build LNG ISO tank carriers. Image: Yangzijiang Shipbuilding The deal includes a firm order for two vessels with...
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ABS gives AIP to dual deadweight bulk carrier design
Classification society ABS has granted Approval in Principle (AIP) to a dual deadweight neo-panamax bulk carrier design from the StandShip Joint Development Partnership (JDP). ABS’ StandShip JDP...
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Costamare wraps up refinancing efforts with $140 million worth of loans
Athens-based owner and provider of containerships for charter Costamare has concluded its refinancing program launched at the beginning of this year, securing a total of over $435 million in new loans...
View ArticleHyundai Heavy merges shipbuilding, offshore divisions to survive crisis
Hyundai Heavy Industries (HHI), the biggest shipbuilder in South Korea, has decided to integrate its shipbuilding and offshore business divisions and scale back the organisation by about 20 per cent....
View ArticleSAAM places $42 million in bonds to finance Intertug acquisition
Chilean operator of port, towage and logistics services Sociedad Matriz SAAM has placed a total of UF 1.2 million ($42 million) in bonds on the local market as the company prepares to wrap up the...
View ArticleGulftainer rolls out Future of Ports Startup Challenge 2020
Port operator Gulftainer has launched the Future of Ports Startup Challenge 2020 to identify startups from across the globe with the ambition to lead the transformation of the port management and...
View ArticleFSG fighting to complete LNG-powered Honfleur
The board of creditors, self-administration and management of the financially-troubled shipbuilder Flensburger Schiffbau-Gesellschaft (FSG) are fighting to continue the construction of the LNG-powered...
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