Samsung Gets Order For $250m Special-Purpose Ships

Samsung Gets Order For $250m Special-Purpose Ships

South Korea’s shipbuilder Samsung Heavy Industries has received a contract to construct two special-purpose ships for a European company. According to the shipbuilder’s stock exchange filing, the deal has a value of around KRW 266.1 billion ($250Million). The special-purpose units are...
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Critical Role Of Maritime Sector To Economic Development, By Okowa

Critical Role Of Maritime Sector To Economic Development, By Okowa

The Governor of Delta State, Senator Ifeanyi Okowa has stated that the efficiency and effectiveness of the Nigerian economy depends largely on the maritime sector as over 90 per cent of the world trade are transported through the sea.  ...
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How CMA CGM Commenced Operations In 1978 With Four Employees, One Ship

How CMA CGM Commenced Operations In 1978 With Four Employees, One Ship

Jacques R Saadé, who died on Monday at the age of 81, founded the  Compagnie Maritime d’Affretement (CMA) 40 years ago, on 13 September 1978,  He began with 4 employees, a single ship and only one maritime service between Marseilles...
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Hyundai To Close Shipyard Over Lack of Orders

Hyundai To Close Shipyard Over Lack of Orders

South Korean shipbuilder Hyundai Heavy Industries has decided to temporarily shut down its offshore shipyard due to a lack of orders, Yonhap said citing the company. The facility will run out of work by the end of July when it...
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COSCO Acquires Another 14,500 TEU Boxship

COSCO Acquires Another 14,500 TEU Boxship

China’s COSCO Shipping Lines has welcomed to its fleet another 14,500 TEU newbuild, COSCO Shipping Denali. Flying the flag of Hong Kong, the newbuild has a length of 366 meters and a width of 51.2 meters. Its market value currently...
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Liberia, China Classification Society Seal Innovation MoU

Liberia, China Classification Society Seal Innovation MoU

The Liberian Registry and the China Classification Society (CCS) have agreed a Memorandum of Understanding (MoU) as the latest step in its strategy to collaborate effectively with its long-term key industry stakeholders. Under the terms of the MoU, the Liberia...
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Three Carriers Unveil Express Service

Three Carriers Unveil Express Service

Shipping companies Hyundai Merchant Marine (HMM), Evergreen and APL have teamed up on launching a new China-Australia service. The weekly service covers the ports of Ningbo, Shanghai, Yantian, Sydney, Melbourne and Brisbane. It is scheduled to start on August ...
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NIMASA Seeks Improved Conditions For Dock Workers

NIMASA Seeks Improved Conditions For Dock Workers

The Nigerian Maritime Administration and Safety Agency (NIMASA) has restated its commitment to the welfare of dock workers in the maritime industry as the Agency organised a meeting of the employers and labour unions in the maritime sector under the...
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Shell’s FLNG Receives First Gas Onboard

Shell’s FLNG Receives First Gas Onboard

Gas has been introduced onto Shell’s Prelude floating liquefied natural gas (FLNG), representing a significant milestone for the facility.   As explained, this is a moment of firsts for Prelude and an opportunity to test processes and systems before the su...
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DP World Joins World Ocean Council

DP World Joins World Ocean Council

Dubai-based terminal operator DP World has become the first company in its sector to join the World Ocean Council (WOC) as part of its leadership journey to actively engage in the protection of the world’s oceans. The WOC is a...
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Firm Unveils New RoRo Ship With 8,000 Capacity For Cars

Firm Unveils New RoRo Ship With 8,000 Capacity For Cars

Shipping firm Wallenius Wilhelmsen Ocean has expanded its fleet with the Neo-Panamax vessel MV Titus, capable of carrying 8,000 cars. Built at China’s CSIC Xingang shipyard, MV Titus is the first of a series of four Post-Panamax vessels with a...
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New ICTSI Terminal Ready For Larger Ships

New ICTSI Terminal Ready For Larger Ships

Manila International Container Terminal (MICT), the flagship terminal of International Container Terminal Services (ICTSI), is ready to handle some of the largest boxships with its new cranes. Three new cranes, a pair of Neo-Panamax quay cranes and a Post-Pana...
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SEAFARERS’ WELFARE: DAKUKU COMMENDS ILO FOR AMENDMENTS TO LAW

SEAFARERS’ WELFARE: DAKUKU COMMENDS ILO FOR AMENDMENTS TO LAW

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Dakuku Peterside has commended member states of the International Labour Organisation (ILO), Shipowners and representatives of seafarers for taking cognisance of wel...
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CMA CGM Deploys Artificial Intelligence On Board Ships

CMA CGM Deploys Artificial Intelligence On Board Ships

French shipping company CMA CGM has teamed up with San Francisco-based startup Shone to embed artificial intelligence on board ships. Through the collaboration, launched at the beginning of the year, Shone is to access the company’s vessels to finalize th...
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