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Maersk Line Orders Seven Containerships from China

Danish shipping firm Maersk Line has signed an order for seven container vessels from COSCO Shipyard in China as the first step in a $15 billion investment programme over five years.

Maersk Line Orders Seven New Ships

Maersk Line announced today an order for seven new 3,600 TEU containerships from COSCO Shipyard in Zhoushan China as part of a 5 year, USD $15 billion newbuild and retrofit [...] The post Maersk Line Orders Seven New Ships appeared first on gCaptain Maritime & Offshore News.

17 Countries for Maritime Security Training in Indonesia

Representatives from 17 countries would take part in the sixth Maritime Security Desktop Exercise that is scheduled to be held in Yogyakarta, Indonesia from March 30 to April 1.

No More State Funds, Russia Warns its Ship Builders

Russian Deputy Prime Minister Dmitry Rogozin came down heavily on country's shipbuilders criticizing them for doing a poor job to implement instructions from the

Expanded Panama Canal to be Operational by April 2015

The widened Panama Canal is expected to finally be up and running in April 2016, after months of delays and cost overruns, AFP reports. The expansion project area will allow bigger ships to transit,

Japan's Navy Unveils De-Facto Aircraft Carrier

Japan's Maritime Self Defense Force (JMSDF) took delivery of its biggest warship Izumo, since World War II, a vessel that observers say is a "de-facto aircraft carrier".

Thailand Eyes Submarine Fleet

Royal Thai Navy (RTN)'s plan to buy submarines is on again with strong backing from Defence Minister Prawit Wongsuwon who wants Thailand’s fleet to be on par with neighbouring countries.

Submerged Politics in Aussie's $39 bln Submarine Plan

 Australian government plans to spend 50 billion Australian dollars (US$39.39 billion) on powerful new submarines, has become a political football at home, reports Reuters.

Front Street Unveils New Line of Sailing Yachts

 The US builders Front Street Shipyard’s in-house design team is collaborating with yacht designer Bill Tripp to develop a new line of modern sloops that are now available for construction.

Soo Locks Open for Cargo Ships

 Despite the chilly temperatures and heavy snowfall the U.S. Army Corps of Engineers opened the Soo Locks for the start of the Great Lakes shipping season.

Swiber Gains Further Momentum Offshore India

Swiber, the Singapore-based offshore marine contractor, has reported continued success today with a series of new contracts worth USD $405.6 million.  $333 million of that will involve work offshore the [...] The post Swiber Gains Further Momentum Offshore India appeared first on gCaptain Maritime & Offshore News.

ABB, Samsung SDI JV to Develop Microgrids Globally

  ABB and Samsung SDI have signed a Memorandum of Understanding to promote microgrid solutions globally. The two companies will establish a global commercial

Wärtsilä's' New Plant in Brazil

   Following an investment of 20 million euros, Wärtsilä's' new unit will produce and test motor generators and thrusters   Wärtsilä's

100 Yrs and Ticking - USCG Salutes

They were dubbed the greatest generation, and after spending an hour or so with Linwood Thumm, known more affectionately as "Tick," it's easy to understand why.

'Run to Remember' by USCG Foundation

   The Coast Guard Foundation, a non-profit organization committed to the education and welfare of Coast Guard members and their families, announced

IMTRA Announces Exclusive Sola-Cure Distributor Partnership

  IMTRA announced today through its exclusive North American distributorship of Sola-Cure shades — its line of customizable, high-quality and comprehensive

JIT Transit Slots Reduced at Panama Canal

   The Panama Canal has experienced an unusual increase in the number of vessels awaiting transit during the past few weeks. Several measures have been implemented to reduce the backlog,

Swiber Gains $405.6 mi Contracts

  Business momentum is fast picking up at Swiber Holdings Limited despite the downturn in the oil and gas industry as the Group clinches a total of US$405.

Icebreaker Murmansk Launched at Arctech Helsinki Shipyard

  The 16 MW Icebreaker for the Russian Ministry of Transport was launched at Arctech Helsinki Shipyard on March 25th, 2015. Before floating the vessel, she

State Aid Helps Float China Shipping Lines

As China's economic slowdown squeezes the global shipping industry, three of the country's biggest domestic cargo freighters likely skirted the losses that plagued international peers last year thanks to a five-fold jump in state subsidies. The post State Aid Helps Float China Shipping Lines appeared first on gCaptain Maritime & Offshore News.

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