All Shipping articles – Page 51
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ABL acquires OSD-IMT
Energy and marine consultancy AqualisBraemar LOC Group (ABL Group) has completed the acquisition of the UK operations of ship design and marine consultancy company OSD-IMT from Damen Shipyard Group.
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Chipolbrok expands fleet with newbuildings
Chipolbrok is expanding its fleet of multipurpose tonnage. The newbuild vessel Tai Xing is embarking on its maiden voyage from Penglai, China, signalling the start of a series that will see three further ships join the company’s roster.
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Höegh handles rail cargoes
Om Freight Forwarders tasked Höegh Autoliners to transport 240 breakbulk units from India to Ghana for an infrastructure project in Tema.
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UHL Fighter delivered
United Heavy Lift (UHL) has taken delivery of the F900 Eco-Lifter UHL Fighter at the Hudong shipyard in Shanghai, China.
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Rasmussen named at BIMCO
BIMCO has appointed Niels Rasmussen as its chief shipping analyst, effective January 3, 2022.
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Crowley outlines net-zero plans
USA-based Crowley aims to reduce its overall greenhouse gas (GHG) emissions by 4.2 million tonnes per year to reach a net-zero target by 2050.
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Stena Line plots Finnish route
Stena Line plans to enter the Finnish market with a daily route connecting Hanko with Nynäshamn in Sweden as the carrier aims to strengthen its services in the Baltic Sea.
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Toepfer reports rising rates
The average daily multipurpose time charter rate for a 12,500 dwt/F-type heavy lift vessel, according to Toepfer Transport, hit USD18,973 in early December.
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Growth slows for multipurpose sector
Drewry’s multipurpose time charter index increased to USD10,487 per day in November, representing a rise of 1.9 percent over October 2021.
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Jumbo-SAL-Alliance moves Taiwanese energy cargoes
The Jumbo-SAL-Alliance is on hand to move 75 Siemens Gamesa 8 MW turbines and 225 blades from Cuxhaven (Germany), Esbjerg and Aalborg (Denmark) to Taichung (Taiwan).
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AlfaWall Oceanbird moves forward
Alfa Laval and Wallenius have finalised its AlfaWall Oceanbird joint venture that aims to take wind propulsion technology from a marine concept to commercial reality.
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Forwarding market grows 12 percent
Analyst Transport Intelligence (Ti) expects the 2021 global freight forwarding market to have grown by 12 percent year on year over 2020 levels.
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IMO outlines MEPC 77 outcomes
At the International Maritime Organization’s (IMO) Marine Environment Protection Committee (MEPC), the association agreed to revise its greenhouse gas (GHG) mitigation strategy and adopted revised guidelines for exhaust gas cleaning systems (EGCS), among other climate-focused initiatives.
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Rotra Mare extension under way
Amasus Shipping has commissioned Holland Shipyards Group, in collaboration with Niestern Sander, to extend the heavy transport vessel Rotra Mare.
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Supporting green shipping corridors
19 nations signed the Clydebank Declaration at COP26, declaring a joint ambition and intent to support the establishment of green shipping corridors.
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DNV adds competence standard
Classification society DNV has introduced a competence standard for vessel remote control centre operators (RCCO).
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Kristoffersen named at Wallenius Wilhelmsen
Lasse Kristoffersen has been named ceo of Wallenius Wilhelmsen, a role he will assume in June 2022.
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The development of ocean freight rates
Forecasting the trajectory of shipping rates even in the short term is highly problematic. However, Transport Intelligence (Ti) believes it is likely that there will be ‘regression to the mean’ and that there have been no big changes to the industry dynamics that suggest the sky-high rates will be the new normal.
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Steel cut for Seaway Ventus
Seaway 7 has reached a milestone in the construction of its wind turbine installation vessel with a steel cutting ceremony taking place at the China Merchants Heavy Industry (CMHI) facility in Jiangsu, China.
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Decarbonisation fund to be considered next year
174 governments have met this week at the International Maritime Organization (IMO) in London to address the pressing carbon emission reduction challenges facing international shipping, in what the industry is calling the ‘first litmus test’ of government’s decarbonisation commitments following COP26.