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Monthly Archives: May 2017

Tandgedo-VOC Port Sign MoU for Coal Jetty

India's V.O. Chidambaranar (VOC) Port is all set for a four-fold increase in the capacity of two of its Coal Jetties – Jetty I and II from 6.25 million metric tonnes per annum to 24 MTPA. The state-run power utility Tamil Nadu Generation and…
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GOGL Takes Two More Vessels from Quintana

Golden Ocean Group (GOGL)  said it has taken delivery of additional two vessels, Q Myrtalia and Q Shea, from Quintana Shipping  in exchange for 1.95 million consideration shares. The Company is pleased to announce that it has taken delivery of the first two vessels…
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Dryships Adds Second Aframax Tanker

DryShips Inc, a diversified owner of ocean going cargo vessels, announced that it has taken delivery of the previously announced 115,666 deadweight tons Aframax tanker built in 2012, which will be employed in the spot market. "Since the commencement of our acquisition program…
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Johnson Joins Foss in HSQE Role

Grant Johnson has joined Foss Maritime as Vice President of Health, Safety, Quality and Environment (HSQE), responsible for overseeing, growing and strengthening HSQE performance. Johnson arrives at Foss from TechnipFMC, an international energy services provider…
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Campbell Acquires Barges, Towboats from ACBL

Campbell Transportation Company, Inc. said it has signed an agreement with American Commercial Barge Line LLC (ACBL) to acquire certain affreightment contracts along with 155 barges and four towboats that will operate on the Ohio River system.
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Canada Rolls Out Oil Tanker Moratorium Act

The transportation system is something Canadians rely on every day, from getting us to work, or bringing us the products we use in our homes. The Government of Canada is working to ensure that goods are transported in a safe and responsible…
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Savannah Port Welcomes Largest Cargo Ship Ever

Governor Nathan Deal, Port of Savannah officials and the maritime community were on hand to welcome the COSCO Development, the largest containership to ever call on the U.S. East Coast as it handled 5,500 containers, a record for Georgia’s ports.
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DSME Gets Fresh USD 6bln Bail Out

Korea's battered Daewoo Shipbuilding & Marine Engineering (DSME) is all set to receive a new bailout package worth $6 billion, after court rejected appeal from a group of individual investors. According to Pulse news, government-led bailout…
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