The Organization of Oil Exporting Countries' decision to embrace production cuts will help move crude prices toward a target of $50 to $60 per barrel, Gary Ross, chairman of consultancy PIRA Energy Group, told reporters on Wednesday. OPEC's…
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US Offshore Wind Comes to Life
Marine News contributor Robert Kunkel asks: Are we ready to support the farms? On August 19, 2016, we watched as the fifth tower and associated nacelle was raised on the Deepwater Offshore Wind Farm approximately 3 miles offshore of Block Island, Rhode...
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Fair Contracting in Casualty Response
ISU’s President weighs in on the current state of international salvage, a changing landscape and the need for mutual fairness from all stakeholders in the global salvage and response arena. The last three decades have seen a significant reduction in marine casualties which is to be welcomed by all.
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Giant Cutter Dredger Gearbox Delivered
Customer approval in powertrain technology depends specifically and to a great extent on the reliability and robustness of the facilities and in particular on their individual components. These include the gearbox and gear wheels of the specialist tran...
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Chamber of Marine Commerce Taps Johnston as Interim President
The board of directors of the Chamber of Marine Commerce has appointed Raymond Johnston as interim President, effective October 1, 2016. Johnston will oversee the implementation of the merger between the Chamber of Marine Commerce and the Canadian…
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Academic Cooperation Addresses Maritime Ice Operations
A group of industry stakeholders have signed a Memorandum of Understanding (MoU) for academic exchange and cooperation within the framework of the Kalmar Ice Academy, with a focus on collaboratively helping the offshore and shipping industries…
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Bagel, pretzel show twists of Nobel Prize-winning work in physics
STOCKHOLM/LONDON (Reuters) - Three British-born scientists won the 2016 Nobel Prize in Physics on Tuesday for revealing unusual states of matter, leading to advances in electronics that could aid researchers trying to develop quantum computers.
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Brainy bees learn how to pull strings to get what they want
LONDON (Reuters) - Scientists in Britain have managed to teach bumblebees to pull strings to get to food and then pass on what they have learned to others in their colony - showing a high level of intelligence despite their tiny brains.
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Over 6,000 Migrants Plucked from Sea in a Single Day, Nine Dead
About 6,055 migrants were rescued on Monday as they tried to reach Europe on about 40 boats, one of the highest numbers in a single day, Italy's coast guard said. A statement said at least nine migrants had died and a pregnant woman and a child…
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Ailing Crewman Medevaced from Bulk Carrier
A U.S. Coast Guard aircrew medevaced a 34-year-old man from a 600-foot bulk carrier 10 miles offshore in the Brownsville Anchorage, off South Padre Island, Texas on Monday morning. At approximately 9 p.m. Sunday, the vessel shipping agent contacted…
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