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Algoma Central receives payment in shipbuilding dispute

DECEMBER 31, 2013 —  St. Catharines, Ontario, headquartered Algoma Central Corporation says that it has received payments totaling $41.7 million from two Chinese banks on refund guarantees related to the cancelation of

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Refloated bulker heads for Montreal

DECEMBER 31, 2013 — A Fednav-chartered bulker, the 656 ft Marshall Islands flagged Orsula, is heading for Montreal after grounding in the vicinity of Tibbets Point, NY, near the entrance to the

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Tanker collides with on-trials car carrier

DECEMBER 30, 2013 — A chemical tanker that collided with a newbuild car carrier and caught fire could break in two, Korea’s Arirang News today quoted officials as saying. The officials said

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Expedition ship still iced in

DECEMBER 30, 2013 — A former Soviet research ship remains stuck in ice some 1,500 miles south of Hobart, Tasmania, with 74 people aboard. The Russian-flag MV Akademik Shokalski, on charter to

Under-construction semi sinks at shipyard

DECEMBER 30, 2013 — Bergen, Norway, headquartered  Odfjell Drilling reports that on December 28 the semisubmersible offshore drilling rig Deepsea Aberdeen, currently under construction at Daewoo Shipbuilding and Marine Engineering (DSME) in

Siem orders two more dual fuel PSVs

DECEMBER 30, 2013 — Norway’s Siem Offshore has entered into contracts with Poland’s Remontowa Shipbuilding S.A.for four dual fueled platform supply vessels of Wärtsilä’x VS 4411 DF design. The vessels have scheduled

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Vietnamese shipyard delivers new inland LPG carrier

DECEMBER 29, 2013—Vietnamese shipyard Saigon Shipbuilding & Marine Industries One Member Co, Ltd. (Saigon Shipmarin) recently completed the construction of a Liquefied Petroleum Gas (LPG) carrier for near shore and river operations. Designed