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Monthly Archives: April 2017

MOL Participated in MLIT R&D Support Projects

Mitsui O.S.K. The project covers parts of the technologies used in MOL's R&D project, "ISHIN NEXT - MOL SMART SHIP PROJECT" , announced in November 2016, which aims to reduce workplace accidents onboard, reduce the workload of seafarers, and enhance crew operation and technical skills.
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Seanergy Maritime Reports Q4 Results

Seanergy Maritime Holdings Corp reports financial results for the fourth quarter and twelve months ended Dec. 31, 2016. For the fourth quarter and twelve months ended December 31, 2016, the Company generated net revenues of $10.9 and $34.7 million resp...
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DryShips Acquires Six Vessels

DryShips Inc. has entered into agreements to acquire six vessels for a total gross price of $268 million. It has also entered into an agreement with Kalani Investments Limited. These vessels are comprised of one Aframax tanker built in 2012…
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Singapore, Japan to Collaborate in Development of Ports

Maritime and Port Authority of Singapore (MPA) signed a Memorandum of Cooperation (MOC) with the Ports and Harbours Bureau of the Ministry of Land, Infrastructure, Transport, and Tourism of Japan (MLIT) at the sideline of the International Symposium on...
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Harmonious Relationships for Smooth Sailing

Navy people come from all walks of life, bringing different perspectives and traditions to the modern service – a fact not lost on many on 21 March – Harmony Day. The day aims to celebrate Australia’s cultural diversity, emphasising inclusiveness, respect and a sense of belonging.
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U.S. Coast Guard Selects FLIR and Raymarine

FLIR Maritime announced recently that it has been awarded a $50 million indefinite delivery, indefinite quantity contract to provide marine electronics systems under the U.S. Coast Guard’s Scalable Integrated Navigation Systems 2 (SINS-2) program…
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NOIA Applauds Proposed Repeal of Royalty Valuation Rule

“NOIA supports repeal of Interior’s 2017 Royalty Valuation Rule, which would have created a cloud of regulatory uncertainty, put at risk billions of dollars of federal oil and gas leases and left much needed jobs and revenue for America on the able.
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Vale: Iron Ore on Sunken Ship Insured

Brazilian miner Vale SA said on Monday that 260,000 tonnes of fine iron ore on a South Korean ship that sank in the South Atlantic had been insured. Vale said in an email that the cargo, which belonged to the Brazilian miner, was bound for China…
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HMAS Darwin Farewells the West

The call of 'last line!' meant a little more than normal as HMAS Darwin slipped from the wharf at Fleet Base West and set sail for Sydney recently. It signalled the end of the warship's long association with the west coast of Australia, unlikely…
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