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Ship Finance Adds First 19,200 TEU Boxship

Bermuda-based ship owner Ship Finance International Limited has taken delivery of MSC Anna, the first of two 19,200 TEU container vessels ordered from South Korean shipbuilder Hyundai Heavy Industries (HHI). ...

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Euroseas Buys Ultramax Newbuilding

Greek owner and operator of drybulk and container carriers Euroseas has signed an agreement to acquire an Ultramax drybulk carrier from China’s Dayang shipyard. The 63,500 dwt newbuilding Hull DY160 is...

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The Shipping Markets In 2016

In 2016, market conditions in most shipping sectors have been highly challenging. The ClarkSea Index, an average of earnings for the main commercial vessel types, reached a record monthly low...

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ECSA Backs EU Polar Shipping Policy

European Community Shipowners’ Association (ECSA) has adopted a position paper endorsing a number of actions by the European Union that are expected to improve polar shipping conditions. Earlier this year, European...

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Aberdeen Harbour Expansion Gets Green Light

Aberdeen Harbour is moving forward with its GBP 350 million expansion project (USD 432 million) as the city’s harbor board decided to sanction the investment.  The Scottish Government recently granted planning...

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