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Jul 09, 2001
Hamburg-based shipping company, Claus-Peter Offen has placed a double order (with an option for one more) with Flender Werft Aktiengesellschaft for the construction of 3,600 teu containerships.
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Jul 09, 2001
Freight rates continue to fall in the Atlantic market as fresh grain enquiry failed to compensate a slowdown in demand, shipbrokers said on Monday.
Brokers reported
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Jul 09, 2001
Noble Drilling Corp. said on Monday that the Noble Jimmy Puckett, a 300-ft. independent leg cantilever jackup rig, was damaged when it encountered severe weather while under tow in Indian waters.
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Jul 09, 2001
NorShipping 2001, held in Oslo, Norway in early June, once again proved to be a dynamic exhibition complete with some of the more influential personnel in the marine
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Jul 09, 2001
Despite a marked drop in shipbuilding volume during the past decade to lower cost competitors in the East, Germany's marine market has maintained it adherence to
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Jul 09, 2001
Compelling design and operational arguments in favor of podded electric drives can be expected to transcend any negative impressions formed from the recent clutch
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Jul 09, 2001
Fireworks exploded over the Bay Bridge and thousands of people crowding the waterfront near the new ballpark gasped in admiration. Some of the best seats for the
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Jul 09, 2001
The owner of a small inland tug company has no choice but to come in to the office every Saturday morning to update his fleet and load locations for his customers;
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Jul 09, 2001
Part of the curse of corporate consolidation comes in the combining of or complete re-naming of the new entity. The quandary: maintaining critical market awareness
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Jul 09, 2001
When Iridium, the $5 billion satellite company, fell into bankruptcy on March 18, 2000, it went down as one of the costliest corporate fiascoes of all time. More than one year later,
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Jul 09, 2001
The much anticipated turnaround in the Gulf of Mexico Oil Patch is happening, and the companies that supply boats and services in the area are feeling the impact.
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Jul 09, 2001
The U.S. Gulf of Mexico region is again poised to prosper, spurred by the buzz of activity surrounding the oil patch, and specifically the renewed vigor with which
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Jul 09, 2001
A stagnant economy, threat of overcapacity and canceled cruises due to repairs and late deliveries have conspired to slow the hyper-growth cruise industry has enjoyed for the past decade.
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Jul 09, 2001
In response to the threat of invasive marine species, Sweden-based Kockum Sonics AB has developed a new concept for safe and efficient ballast water exchange on high seas.
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Jul 09, 2001
Bollinger Shipyards, Inc., Lockport, La., with the Riverway Co., Eden Prairie, Minn., christened the M/V Bootsie B., a 188-ft. (57.3 m), 8,000 hp towboat. Bootsie B.
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Jul 09, 2001
The largest Spanish flagged RoPax ferry, named Fortuny, has been delivered by IZAR's Puerto Real shipyard to the Spanish shipowner Trasmediterranea. The contract
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Jul 09, 2001
A convincing economic argument fuels the liner shipping sector's adoption of unprecedented capacity ratings, with a new level soon to be reached in impending projects for newbuilds in the 9,
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Jul 09, 2001
Considering the over abundance of conferences and exhibitions that grace the marine industry’s business calendar, I am pleased to report on the activities of the
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Jul 09, 2001
Norwegian state-controlled energy company Statoil is to start drilling for oil off the North Atlantic Faroe Islands this week in the first test well on the Faroe shelf.
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Jul 09, 2001
Offshore rig utilization fell in the world's most active markets during the week ending July 6, according to ODS-Petrodata Group.
U.S. Gulf of Mexico rig utilization dropped 1.
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