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Coldharbour advises for right due diligence
[Equipment]
Many ship operators require a far better understanding of ballast water treatment technologiesand their shortcomings in real-life applications, Coldharbour Marine Chief Executive, Andrew Marshall, has warned. Inadequate due diligence now could re...
2018-02-05 07:18:15
Campbell Shipping migrates to Fleet Xpress
[Shipping]
Inmarsat (LSE:ISAT.L) announced on February 1 that it has reached an agreement with Campbell Shipping, a ship management company headquartered in Nassau, The Bahamas, to migrate its fleet of dry bulk carriers to Fleet Xpress. The commitm...
2018-02-05 07:17:20
Battery installation by PBES
[Equipment]
PBES announced on January 31 the successful installation of two 1MWh battery systems aboard the new electric ferries that service the E39 highway route on the 2km crossing between the Anda and Lote docks. The M/F Gloppefjord and Eidsfjord are Nor...
2018-02-05 07:13:41
Baltic Exchange applies changes to BDI
[Shipping]
Following consultation with members, the Baltic Exchange will be implementing previously announced changes to the Baltic Dry Index (BDI). From 1 March 2018 the BDI will be re-weighted to the following ratios of timecharter assessments: 4...
2018-02-05 07:12:07
ONE ready to take bookings from February 1
[Shipping]
Ocean Network Express Pte. Ltd. (hereinafter referred to as "ONE") announces that acceptance of bookings for its container shipping service begins in stages from February 1, 2018. ONE is a joint venture of Kawasaki Kisen Kaisha, Ltd. (hereinaf...
2018-02-05 07:11:38
MES-Tsuneishi tie for merchant vessels
[Shipping]
Mitsui Engineering & Shipbuilding (MES) of Japan announced on February 1 that it signed a cooperation deal with compatriot Tsuneishi Shipbuilding to collaborate in merchant vessel market. Two parties agreed that while continuing their inde...
2018-02-05 07:09:31
A recovery, without strong conviction
[Shipbuilding]
While the industry is tasting a hint of recovery, there is still a steep path road to go through it seems. An Italian shipbroker Banchero Costa said that 2017 saw 2.5 times more orders (411 units) than 2016’s 166 units. However, the broker a...
2018-02-05 07:08:11
SWS adds four newcastlemax units
[Shipbuilding]
US bulker operator Foremost Group is understood to have ordered four 210,000-dwt newcastlemax bulkers at Shanghai Waigaoqiao Shipbuilding (SWS) to mark the first order of the yard in 2018. Foremost Group had ordered four 180,000-dwt bulkers in...
2018-02-05 07:07:36
SK Shipping selects Chinese yard
[Shipbuilding]
SK Shipping selected Chinese yard for the construction of new VLOCs. According to the industry, SK Shipping has ordered two 325,000-dwt mini-valemax bulkers at Dalian Shipbuilding Industry (DSIC) for delivery in March and May 2021. Media said ...
2018-02-05 07:07:00
Fredriksen vs Troim, 'Bulker Wars'
[Shipping]
The rivalry between two Norwegian maritime magnates John Fredriksen and Tor Olav Troim is getting more and more piercing. Both shipowners have recently added newcastlemax orders in Chinese yards. In an interview with TradeWinds, Fredriksen hin...
2018-02-05 07:05:43
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