MOSCOW (Reuters) - Russia said on Friday it had re-established contact with Angola's first national telecoms satellite AngoSat-1.
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Samsung Heavy Bags USD 197 Mln LNG Carrier Order
South Korean shipbuilder Samsung Heavy Industries (SHI) has bagged a KRW 210 billion (USD 195 million) deal, for construction of an liquefied natural gas (LNG) carrier. A report in Business Korea said that SHI will ink the contract with a foreign shipping company by the end of the year…
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India to Flag Off Cargo Via NW 2 on River Brahmaputra
Nitin Gadkari, Indian Union Minister of Shipping will flag off the first movement of cement cargo through National Waterway (NW) 2 on River Brahmaputra in Assam today, under the Shipping Ministry’s flagship programme Sagarmala. He will also…
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NITC Signs 200 Tanker Charter Deals
The National Iranian Tanker Company (NITC) has signed over 200 leasing contracts for its vessels since the lifting of the Western-imposed economic sanctions two years ago, Financial Tribune reported on Thursday. The report quoted Iran Tanker…
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STX Corp to Be Sold to Chinese Firm
AFC Korea, a subsidiary of Chinese private equity fund AFC, has been selected as the preferred bidder for cash-strapped STX Corp, according to a Business Korea report. AFC Korea has reportedly offered a price tag above 70 billion won (US$65.62…
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India’s 12 Major Ports Capacity Increased to 1,359 MT
The Ministry of Shipping has re-rated the capacities of all berths across 12 Major Ports in order to benchmark port capacities with global standards as per Berthing Policy, 2016. The Re-rating exercise identified an additional capacity of 293MT availab...
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China’s Ningbo-Zhoushan Becomes World’s Top Port
China's super-large port Ningbo-Zhoushan, the busiest port in China, saw an annual cargo throughput of 1 billion tonnes, becoming the first one globally to reach this volume, according to data provided by the port. The port in East China's…
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FLEX LNG Sings TC for First LNGC Newbuilding
FLEX LNG announced that it has entered into a time-charter contract for the LNG carrier newbuilding, Flex Endeavour, to Uniper Global Commodities, a leading international energy company with operations in more than 40 countries, and headquarter in Germ...
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Star Bulk to Repay Debt Principal
Star Bulk Carriers announced that, in light of the improved performance of the Company and the dry bulk market in general, it is planning to make debt principal repayments that are in total at least equivalent to the amortization payments scheduled…
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The World’s Top 20 Cruise Ports
Calling all cruise ports! Maritime Logistics Professional are compiling the world’s Top 20 Cruise Ports - and we want to hear why your port should be considered. Just answer a few simple questions and you will be on your way to being featured in the next edition of Maritime Logistics Professional.
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