TOKYO (Reuters) - Japan on Saturday postponed the planned launch of an H-2A rocket tasked to put a geo-positioning satellite into orbit due to possible helium gas leakage, Mitsubishi Heavy Industries Ltd (MHI) said.
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Hyundai Merchant in the Red in Q2
South Korea's Hyundai Merchant Marine (HMM) suffered an operating deficit of USD 112 million in the second quarter, the company said in a regulatory filing. The third quarter will bring much better results, says the carrier. Yonhap News Agency…
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EC Financial Instrument to Facilitate Ship Recycling
The European Commission released its report on the viability of a financial incentive for sustainable ship recycling under the EU Ship Recycling Regulation this week. Whilst it acknowledges the benefits for clean and safe ship recycling such an incentive would bring…
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Getting to Grips with Ship Security
On-board practice in assessing maritime security measures on a ship was a key feature of a recent workshop which took place in Montevideo, Uruguay (8-11 August). Some 45 participants, representing the national Administration and designated authority for maritime security…
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First Lady of the Fleet Celebrates
As the activities of Exercise TALISMAN SABRE 17 started to draw to a conclusion in July, the crew of HMAS Darwin, took the chance of a brief time out to celebrate the final seagoing birthday of the Fleet veteran. Darwin’s cooks pooled their talents together to create a cake in the shape of ‘33’…
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Tanker Shipping Rates to Remain Weak: Drewry
Rising long haul exports of crude oil from the US and Nigeria will not be sufficient to push tanker shipping freight rates higher given lower anticipated Middle East output and surging tonnage supply, according to the latest edition of the Tanker Forecaster…
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Port Security Training for Mauritanian Officials
Officials responsible for port security in Mauritania are undergoing a week-long International Maritime Organization (IMO) training course in the country’s capital of Nouakchott (7-11 August). The course will equip designated authority officials…
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John C. Stennis Underway for Sea Trials Ahead of Schedule
Sailors aboard USS John C. Stennis (CVN 74) got underway for Sea Trials as the ship's planned incremental availability (PIA) nears its end, August 11. John C. Stennis entered PIA in February with the largest work package ever planned for a six-month availability for a Nimitz-class carrier…
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Investors Enthusiasm in Cochin Shipyard
Indian government is committed for infrastructure development and the track record of last three years has increased the faith of the investors which has resulted in 76 times oversubscription of IPO of Cochin Shipyard (CSL), a government flagship company…
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Canada Orders Ships to Reduce Speed to Prevent Whale Deaths
Certain ships are being ordered to reduce speed because of the deaths of at least 10 North Atlantic right whales in Canada's Gulf of St Lawrence during the past two months, the government said on Friday. The deaths have made 2017 the deadliest…
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