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17 Oct 2017
PBES Scores DNV GL Type Approval
Designer and manufacturer of high power lithium-ion energy storage PBES (Plan B Energy Storage) said it has received DNV GL Type Approval of the PBES energy storage…
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17 Oct 2017
The Quest to Find and Explore USS Indianapolis
Sunk by Japanese torpedoes near the end of World War II, heavy cruiser USS Indianapolis disappeared to the darkest depths of the Philippine Sea, where it remained undiscovered for more than 70 years. Recently a team of civilian researchers led by Microsoft co-founder Paul G. Allen set out equipped with an arsenal of high-tech search equipment on a mission to locate the historic vessel last seen on July 30, 1945.
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16 Oct 2017
US Charters Cruise Ship to House Hurricane Relief Workers
The U.S. government has chartered another commercial cruise liner to serve as a floating hotel for relief workers in the U.S. Virgin Islands in the aftermath of hurricanes Irma and Maria. Carnival Cruise Line said it reached an agreement with the Federal Emergency Management Agency (FEMA) that will see the 2,052-passenger vessel Carnival Fascination docked in St. Croix to provide housing and meals for relief workers during a four-month charter from October 15 to February 3, 2018.
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28 Sep 2017
Trump Waives Jones Act for Puerto Rico Relief
President Trump has waived shipping restrictions for Puerto Rico on Thursday at request of the island's governor Ricardo Rosselló and after an outcry from Congress about the scarcity of fuel, food and emergency supplies following Hurricane Maria. "At @ricardorossello request, @POTUS has authorized the Jones Act be waived for Puerto Rico. It will go into effect immediately," White House Press Secretary Sarah Sanders tweeted this morning. The Jones Act – which limits shipping between U.S.
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25 Sep 2017
Scorpio Buys Six Dry Bulk Ultramaxs
Scorpio Bulkers Inc. said it has reached a deal with an unaffiliated third party to acquire six Ultramax dry bulk vessels for $142.5 million. Of the six purchased…
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14 Sep 2017
BWTS Manufacturer OceanSaver Bankrupt
Insufficient liquidity has led Norwegian ballast water treatment system manufacturer OceanSaver to file for bankruptcy. The company’s board of directors filed a…
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14 Sep 2017
Artists Pay Tribute to Historic Russian Icebreaker
In 1977 Russian nuclear icebreaker Arktika became the world's first surface ship to reach the North Pole. Now 40 years later, a depiction of the historic vessel is a main component of a graffiti style art installation in Murmansk, Russia. Arktika was in service from 1975 to 2008 under the operation of Atomflot, who said six artists, four designers and one operator contributed to the creation of the 600 square meter art piece.
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04 Aug 2017
Telegraph Recovered from Lusitania Wreckage
More than 100 years after the sinking of the RMS Lusitania, divers have recovered yet another artifact from the wreckage of the historic ocean liner. The Lusitania was sailing from New York to Liverpool on May 7, 1915 when it was torpedoed by a German U-boat off the Head of Kinsale. A second explosion then led to the vessel’s sinking and the loss of 1,198 lives, marking a key moment in World War I history.
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18 Jul 2017
SS United States Thrown a Lifeline
Just days away from a verdict on its ultimate fate, the historic cruise liner SS United States has received a lifeline in the form of a $150,000 donation to a fundraising effort which aims to save “America’s flagship” and restore the storied vessel to its former glory. The $150,000 contribution from cruise industry executive Jim Pollin to the SS United States Conservancy's "We are the United States"…
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13 Jul 2017
Odfjell Acquires Five Chemical Tankers
Odfjell SE informs it has signed a final agreement to acquire five chemical tanker newbuilds from Chemical Transportation Group, Inc (CTG) and form a pool of 15 chemical tankers. The transaction has been signed and completed, Odfjell said, after it announced on June 16 that it inked a term sheet with CTG to form the vessel pool and acquire CTG’s final five 25,000 dwt stainless steel newbuilds on order from Chinese shipyard AVIC Dingheng.
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20 Jun 2017
Rolls-Royce, Svitzer Trial Remote Controlled Tug Operations
Earlier this year in Copenhagen Harbor, the 28-meter-long tug Svitzer Hermod berthed alongside the quay, undocked, turned 360 degrees and sailed back to Svitzer headquarters before docking again, all under remote operation while the captain was stationed quayside at the vessel’s remote base at Svitzer HQ. Though a captain and crew remained on board throughout to ensure safe operation in the event of a system failure…
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16 Jun 2017
NYC Jobs Plan Aims to Bolster Freight Network
New York City Mayor Bill de Blasio today unveiled a series of initiatives aiming to spur 100,000 high-paying jobs over the coming decade across a number of sectors, including the City's maritime and intermodal freight and logistics industries. As part of the New York Works plan, the city will implement a multipronged strategy called Freight NYC that seeks to create 4,000 freight network industrial…
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16 Jun 2017
DFDS Orders Two Large RoRos from China
Northern European shipping and logistics company DFDS said it has ordered another pair of large ro-ro ships from the Jinling Shipyard, doubling its order placed last year at the Chinese yard. DFDS signed a contract with Jinling in 2016 for the construction of two ro-ro vessels, each with 6,700 lane meter load capacity and space for 450 trailers. Now the company has ordered another two of these ships – its largest ever – to service freight customers across the North Sea from 2019 and 2020.
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15 Jun 2017
Missing US Navy Sailor Found Alive
A U.S. Navy sailor feared to have fallen overboard has been found alive aboard USS Shiloh (CG 67) a week after he went missing. Gas Turbine Systems Technician (Mechanical) 3rd Class Peter Mims was reported missing June 8 and was presumed to have fallen overboard in the Philippine Sea, triggering a search involving U.S. Navy, Japan Maritime Self-Defense Force and Japan Coast Guard assets that lasted more than 50 hours and covered some 5,500 square miles.
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15 Jun 2017
Port of Charleston Cleared after Bomb Scare
A container terminal at the Port of Charleston has resumed normal operations after being cleared of a potential bomb threat aboard a containership. At approximately 8 p.m. Wednesday authorities were informed of a potential threat in a container aboard the vessel Maersk Memphis moored at Charleston's Wando terminal, forcing a temporary evacuation of the terminal while federal, state and local bomb detection units investigated the threat.
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14 Jun 2017
Kirby Corp Acquires Stewart & Stevenson
Houston based tank barge operator Kirby Corporation said it has signed an agreement to acquire the assets and businesses of Stewart & Stevenson LLC for approximately $710 million. The agreement was signed on June 13 by the companies’ executive chairmen, Joseph H. Pyne of Kirby Corporation and Hushang Ansary of Stewart & Stevenson. Kirby said the purchase will be funded through its revolving credit facility and common stock valued at approximately $355 million.
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13 Jun 2017
Maersk Sells Mercosul Line to CMA CGM
An agreement between two container carrier giants will see CMA CGM acquire Maersk Line owned Mercosul Line, a player in Brazil’s domestic container shipping market. The price of the sale was not made public. The transaction is subject to Brazilian regulatory approval as well as the closing of Maersk’s recent Hamburg Süd acquisition. At the earliest, Mercosul's integration within CMA CGM is expected to start in Q4 2017 at the same time as the Hamburg Süd integration.
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31 May 2017
Pirates Fire on M/T Muskie
Armed pirates chased and fired upon the M/T Muskie while the laden tanker was transiting the Bab el-Mandep strait, as pirate activity continues its resurgence in the region.
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24 May 2017
Ships Parade Kicks off NY Fleet Week
From the tree lighting at Rockefeller Center to New Year's Eve in Times Square, New York’s time-honored traditions are some of the most well-known around the world. Arriving today as part of another New York tradition, a “parade of ships” from several branches of the U.S. military (and one ship from Canada) sailed into the New York Harbor and up the Hudson River from Battery Park to just south of the George Washington Bridge, for the 29th annual Fleet Week New York (FWNY).
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23 May 2017
Odfjell Buys Secondhand Chemical Tanker
Oslo listed shipping firm Odfjell SE said it has purchased a secondhand stainless steel chemical tanker for $25.5 million. The M/T Argent Eyebright, built in 2009 by Kitanihon Shipbuilding in Japan…