The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell marginally on Tuesday as improved capesize rates failed to offset lower rates for panamax and smaller vessels. The overall index, which considers rates for capesize…
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Shell Launches New Trunk Piston Engine Oils
Shell Marine has unveiled its next generation Shell Argina and Shell Gadinia trunk piston oils for the medium-speed engine market. As owners face pressures to shift toward cleaner fuels that address emissions regulations, Shell said demand for…
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Scientists hope to show humankind originated in Mediterranean
CHIRPAN, Bulgaria (Reuters) - A team of excavators in Bulgaria has resumed a search for fossils of an ape-like creature which may be the oldest-known direct ancestor of man and whose discovery has challenged the central hypothesis that humankind origin...
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With a sloppy ‘kiss,’ intrepid fish enjoys perilous feast
WASHINGTON (Reuters) - A kiss from a colorful reef fish called a tubelip wrasse is no one's idea of romance, being so full of slime and suction, but it is perfectly suited for eating a hazardous diet using one of the animal kingdom's most unique feedin...
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India’s most powerful rocket launches satellite into orbit
NEW DELHI (Reuters) - India launched a communication satellite using its most powerful rocket on Monday, improving its prospects of winning a bigger share of the more than $300 billion global space industry and its hopes of a manned mission.
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Belships Signs Ultramax Deal with Imabari
Belships ASA, a bulk ship operator and management company, has signed an agreement to charter in an Ultramax bulk carrier of 63,000 dwt to be delivered from Imabari Shipbuilding first half 2020. The charter period will be for minimum 8 years plus two yearly options…
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DSME Rolls Out World’s First Ice-breaking LNG Carrier
South Korea’s Daewoo Shipbuilding & Marine Engineering Co. (DSME) the world`s first icebreaking liquefied natural gas (LNG) carrier in St. Petersburg, Russia, reports the Korea Herald. The world’s first ice-breaking LNG carrier was named Christophe de Margerie.
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Panama Canal to Modify Tolls Structure
Panama Canal Authority (ACP) has published a proposal for modifications to its current tolls structure, signaling the beginning of a 30-day formal consultation period for industry feedback, allowing the waterway to continue providing a competitive serv...
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ESPO congratulates EU Ports for Achieving PERS
European Sea Ports Organisation (ESPO) is delighted to congratulate the Port of Barcelona (Spain), Port Authority of Melilla (Spain), Niedersachsen Ports Emden (Germany), Shannon Foynes Ports Company (Ireland) and Shoreham Port Authority (UK) for achie...
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USS Nimitz, USS Shoup and USS Kidd Depart for Deployment
USS Nimitz (CVN 68), USS Kidd (DDG 100) and USS Shoup (DDG 86) departed their homeports of Naval Base Kitsap and Naval Station Everett, respectively, for a regularly scheduled deployment. This is a previously planned, routine deployment and…
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