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After Repairs Emma Maersk`s Journey Begins

After immediate repairs, the onward journey of Emma Maersk begins Immediate repairs to the Emma Maersk are being completed according to schedule. Weather permitting, Emma will be towed to a repair facility on Sunday, 17 February 2013, at around 6am Egyptian time. The full extent of damage to the engines will then be assessed and […]

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Ingress of Water Incident on the Emma Maersk

Emma Maersk, Maersk Line’s largest container vessel, experienced ingress of water into the engine room. Emma Maersk, Maersk Line’s largest container vessel, experienced ingress of water into the engine room. The vessel had just commenced its southbound transit through the Suez Canal en route to Asia. The captain decided to terminate the planned voyage and […]

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Love is in the Air at CrowleyFresh

CrowleyFresh, Miami’s newest cold-chain warehouse and logistics service, jointly offered by Crowley Maritime Corporation and subsidiary Customized Brokers, recently showed a little love to customer Sunshine Bouquet Company, a flower supplier based in Miami, by storing 110 pallets of fresh Colombian roses in advance of Valentine’s Day. The colorful, fragrant and perishable cargo was stored […]

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GC Rieber Enters into Long-term Time Charter Agreements

GC Rieber Shipping contracts a new build and enters into long-term time charter agreements  GC Rieber Shipping has entered into an agreement with Kleven Verft  to build a new 22 streamer 3D seismic vessel with ice-class 1A*. The seismic company Dolphin Geophysical has contracted the vessel for a fixed period of five years, and the […]

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CMA CGM has finalized its financial restructuring launched last year

CMA CGM announce that it has now finalized its major financial restructuring launched less than a year ago: Closing of the agreement with its Banks regarding its debt restructuring. This agreement provides for a new covenant package taking into account the industry’s volatility and a partial refinancing of a credit line maturing in 2013 into […]

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OceanTeam Orders of New 2000T/4000T Modular Carousel

The new patented OTS carousel series are designed for flexibility and quick mobilisation on standard modern PSV/CSV type vessels with  limited deck load capacity for this type of equipment. The modular systems are delivered to the mobilisation site in 40ft containers and can be mobilised without vessel under deck reinforcement requirements. All system components are ‘plug and […]

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SeaBird Exploration Chartered “Geo Pacific”

SeaBird Exploration Plc (“SeaBird”) has chartered the 3D vessel “Geo Pacific” from Fugro, through a subsidiary of Ordinat Shipping AS on a 4 month time charter that is intended to be converted into a 3 year bareboat with four one-year options to extend the contract. Ordinat Shipping AS is the largest shareholder in SeaBird. Furthermore, […]

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IMarEST: Ship Propulsion Systems Conference

The UK Government’s Technology Strategy Board (TSB) shortly to announce the launch of a competition into vessel efficiency, with up to £8 million of funding available, opening for expressions of interest in January 2013. In view of the theme – Meeting Tier III and the Energy Efficiency Design Index – of the 3rd IMarEST Ship […]

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Lifetime Experince for Maritime Shipping Companies

International maritime charity, the Sailor’s Society are inviting leaders in the shipping industry to race across the Solent in order to raise funds for merchant seafarers in this year’s Clipper Challenge on 12th September. Teams of 12 will take part in the Clipper Challenge, which involves breakfast, sailing training, lunch and a friendly race around […]

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Shipping strike ends

The strike laying up seven ships and 50 workers in the Twin Ports is over and officers have returned to work. Ship Officers and Stewards, who are part of the American Maritime Officers Union, had been picketing since Monday when their contract with American Steamship Co. expired. The new contract hasn’t been resolved, but union […]