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Doosan Halts Operation

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13 March, 2012

Doosan Engine haltes operation in one of thier shipbuilding facilities today Reuters reports. According to ReutersOman reason the lack of new orders due to the financial crises.   Source: Reuters

Consilium Receives Orders in Italy Worth 20 MSEK

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30 September, 2011

Consilium Italy has received orders to deliver fire detection systems for three cruise ships and radar systems for a number of naval vessels. The order value is SEK 20 million. The orders include fire detection systems for two new cruise ships being built at the Italian shipyard Fincantieri for Carnival Group and a retrofit...

China’s Shipbuilders Suffer Fall in New Orders

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28 September, 2011

Orders won by Chinese shipbuilders dropped more than 6 percent in the first seven months of this year due mainly to prolonged uncertainties in the global economy, an industry association said Tuesday. The China Association of the National Shipbuilding Industry said its members clinched orders totaling 176.08 million deadweight tons (DWTs) in the January-July...

CMA CGM, “Company of the Year” by Lloyd’s List

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22 September, 2011

CMA CGM Group is pleased to announce that it has been recognised “Company of the Year” by Lloyd’s List during the ceremony held on 20 September in London. CMA CGM received the award based on its ability and willingness to innovate and adapt to the rapidly changing nature of the shipping markets over the...

Asia-Europe rates below $800/TEU

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21 September, 2011

The proposed rate increases on the Asia-Europe trade have now been erased as spot rates fell 3.4 per cent week-to-week to just $793 per TEU last week, according to the latest Shanghai Containerised Freight Index (SCFI). Elsewhere, the picture was just as gloomy with China-US West Coast rates falling 2.5 per cent to just...

Daily Maersk: Changing The Game

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13 September, 2011

Daily Maersk, Maersk Line’s new service on the Asia–North Europe trade lane, will dramatically change the way shipping is done. It offers a daily cut-off at the same time every day, seven days a week, and always with the exact same transportation time. Containerised cargo will now be delivered with unprecedented frequency and reliability. A daily service between...

NYK Group Conducts Joint Anti-piracy Exercise in Australia and Anti-terrorism Exercise in Hong Kong | NYK Line

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12 September, 2011
NYK Group Conducts Joint Anti-piracy Exercise in Australia and Anti-terrorism Exercise in Hong Kong | NYK Line

    On July 26, NYK conducted a joint anti-terrorism exercise with the HKPF based on a scenario in which an NYK-owned containership, NYK Venus, is taken over by a terrorist group. From 2005, a similar joint-exercise has been conducted regularly for years by NYK and the HKPF. The exercise scenario called for the...

Maersk joins the World Ocean Council

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2 August, 2011
Maersk joins the World Ocean Council

The A.P. Moller – Maersk Group has joined the World Ocean Council to support global leadership and collaboration on ocean sustainability. Copenhagen, Denmark – Through its signatory to the World Ocean Council, Maersk supports the efforts to promote sustainable development and stewardship through collaboration across private sector industries. The World Ocean Council is the...

Seaspan accepts delivery of fifty-ninth containership Transportweekly . Com

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26 April, 2011

Seaspan Corporation accepted delivery of the COSCO Vietnam, an 8500 TEU containership, from Hyundai Heavy Industries Co., Ltd. The new containership is Seaspan's fourth delivery in 2011 and expands the company's operating fleet to 59 vessels.

South Islander Rescues 27 Sailors in Distress

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26 April, 2011
South Islander Rescues 27 Sailors in Distress

South Islander, a multipurpose containership (flag: Panama; gross tonnage: 18,174 tons; captain: Gideon P. Avengoza) owned by NYK-Hinode Line Ltd., a wholly owned subsidiary of NYK Line, rescued all 27 fishermen (10 Japanese, 8 Indonesians, and 9 Kiribati) from a troubled fishing vessel, Daiichi Shoei Maru (gross tonnage: 499 tons), 870 kilometers east of...