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  • CSCL Names Second 19,100 TEU Container Ship

      China Shipping (Group) Company and Hyundai Heavy Industries co-held a new vessel naming and delivery ceremony in Ulsan, Korea on December 19, to celebrate the formal entry into operation of the second 19,100 TEU container ship, CSCL Pacific Ocean.  After its delivery, CSCL Pacific Ocean will sail out immediately and, together with CSCL Globe, join the Far East—Europe route. CSCL Pacific Ocean an...

  • Shell to Put Teekay’s LNG Newbuildings to Work

      Teekay LNG Partners L.P. and Royal Dutch Shell plc (Shell) have entered into time-charter contracts for five newbuild LNG carriers.  The vessels will operate as part of Shell’s global LNG fleet under time-charters ranging in duration from six to eight years, plus extension options. Delivery of the vessels will start from the second half of 2017 into 2018.  Dr. Grahaeme Henderson, Vice President ...

  • Stena Line to Cut 350 More Jobs

      Sweden’s largest ferry operator Stena Line is continuing with job cuts to meet the company’s goal of improving the financial results by USD 176 million until 2016, Jesper Waltersson, Head of Corporate Communications at Stena Line told World Maritime News.  Walterson said that Stena Line is aware of reports in media that it aims to cut staff by 800, but that the media failed to mention th...

  • BW Pavilion Names Two LNG Carriers

    BW Pavilion LNG Pte. Ltd., a joint venture between BW Group and Pavilion Energy, held a shipnaming ceremony at Hyundai Heavy Industries Shipyard for two Singapore-flagged LNG newbuildings, the BW Pavilion Vanda and BW Pavilion Leeara.The Singapore-flagged LNG newbuildings will add to the JV’s fleet currently on water. Classed by DNV-GL, the newbuildings feature low boil-off rates (BOR), hybrid low...

  • Australia to Ban Supertrawlers

      The Australian Government will move to ban supertrawlers from Australian waters, Senator Richard Colbeck, Parliamentary Secretary to the Minister for Agriculture said.  Supertrawlers were defined by the Labor government and environmental NGO’s as factory freezer vessels more than 130 metres, and such vessels will not be permitted to fish in Australian waters  “This Government will introduce regu...

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