All Shipping articles – Page 140
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Arklow Cape launched
November 7 - Arklow Shipping's latest newbuild multipurpose vessel, Arklow Cape, has been launched at Ferus Smit's Westerbroek yard in the Netherlands.
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Abis ships go under hammer
November 4 - Sources close to the situation have told HLPFI that ships within Abis Shipping's fleet of multipurpose vessels are going under the hammer, after the bank pulled its financial support for the ships.
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The heat is on at Manatee
November 3 - Port Manatee has handled the export shipment of a liquefied natural gas (LNG) heat exchanger, manufactured at Air Products' production facility close to the port in Florida, USA.
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DSV freight volumes grow
November 2 - DSV's Air & Sea division has posted a 51 percent year-on-year increase in sea freight volumes for the first nine months of 2016, along with an 84 percent increase in airfreight volumes, when compared with the same period last year.
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Ship operating costs set to rise further
November 1 - Vessel operating costs are expected to rise by 1.9 percent in 2016 and 2.5 percent in 2017, according to the latest survey by shipping consultant Moore Stephens.
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Cosco, DEME sign umbrella deal
November 1 - Cosco Shipping and DEME have signed an umbrella agreement to work closely on the development of offshore wind energy in China.
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Japanese lines to merge box operations
October 31 - Three of Japan's largest shipping companies have announced that they plan to merge their container shipping and overseas terminal operations as the industry struggles with overcapacity and mounting losses.
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United Nations sets sulphur emission rules
The United Nations has established global regulations to limit the amount of sulphur emissions from vessels and said they would come into force from January 1, 2020.
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MISC completes sale of logistics arm
October 28 - MISC, the Malaysian shipping company, has completed the disposal of its entire stake in MISC Integrated Logistics (MILS) to Swift Haulage for MYR257.2 million (USD61.2 million), which means it has effectively exited the logistics business.
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C.H. Robinson sees profits fall
October 27 - Earlier this week, large US logistics company CH Robinson said higher haulage costs and Hanjin'sbankruptcy were partly responsible for the fall in revenues and profits it recorded for third quarter.
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Harren & Partner in Caribbean expansion
October 27 - Harren & Partner has established a new office in Kingston, Jamaica, which comprises three companies, H&P Ship Management Office Kingston, H&P Caribbean Maritime Services and the newly founded German Ship Repair Jamaica - a joint venture betwe
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Nils B owner pleads guilty
October 27 - The United States Department of Justice has announced that two German shipping companies that owned and operated the general cargo ship Nils B have pleaded guilty before a federal court in San Diego on charges of discharging oil contaminated
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Eastern Shipping scores hat-trick
October 26 - Eastern Shipping of Romania arranged the transportation of three methanol reactors, weighing 378 tonnes each, from Bucharest, Romania to Constanta port, where the units were loaded on board the geared heavy lift ships, BBC Parana and BBC Euro
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German shortsea shipping merger formed
October 25 - Leer based Hartmann Group and Papenburg headquartered Schulte & Bruns have agreed to expand their cooperation in shortsea shipping activities, with both parties taking a 50 percent share in Schulte & Bruns Chartering.
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Symphony chooses MirTac
October 24 - Symphony Shipping has signed a contract with MirTac for the provision of Star fleet management software and related services on its newbuild DP2 vessels, Symphony Performer and Symphony Provider.
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Flinter loses bank support
October 21 - Dutch multipurpose shipping company Flinter has confirmed that ING Bank will no longer provide financing for nine of its vessels, leaving the line with no other option than to file for suspension of payments.
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Atlantic Sea christened in Liverpool
October 21 - Yesterday, October 20, Atlantic Container Line's (ACL) third newbuild container/ro-ro (con-ro) vessel, Atlantic Sea, was christened by HRH Princess Anne at the UK's Port of Liverpool.
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Shipping costs continue to decline
October 20 - Accountant and shipping consultant Moore Stephens says total annual operating costs in the shipping industry fell by an average of 2.4 percent year-on-year in 2015.
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Grieg Star joins forces with Gearbulk
October 19 - Grieg Star and Gearbulk have confirmed that they intend to enter into a joint venture to combine the companies' resources and expertise, as well as their combined fleet of open hatch, semi open hatch and conventional bulk vessels.
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Rickmers sells trust manager shares
October 18 - In light of persistently difficult conditions in the shipping industry, the Rickmers Group has sold all of its shares in Rickmers Trust Management to Brick Holding International Invest.