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Monthly Archives: August 2017

Vryhof Expands Its Global Footprint

Vryhof, a provider of anchoring and mooring solutions, said it is expanding its global footprint with its companies Deep Sea Mooring (DSM) opening a new office in Aberdeen and Vryhof Anchors appointing Singapore-based Franklin Offshore as its…
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ENI, Anadarko to Build LNG Terminals in Mozambique

Italy's ENI and U.S. oil and gas firm Anadarko signed agreements with the Mozambique government on Thursday to build two liquefied natural gas terminals in the southern African country. The terminals will be built in Cabo Delgado province, where…
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Baltic Index Surges on Strong Demand for Larger Vessels

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, notched its biggest one-day percentage gain in five months on Thursday, buoyed by soaring demand for larger vessels. The index, which factors in rates for capesize…
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Noble Group Reports $1.75 Bln Q2 Loss

Commodities trader Noble Group reported a second- quarter loss of $1.75 billion on Thursday, weeks after warning it faced its steepest quarterly loss in a year and a half and would slash jobs and sell assets to cut debt. Once Asia's largest commodities trading house…
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GranInvestimentos and Royal IHC Join Forces

Brazilian company GranInvestimentos and Dutch company Royal IHC are joining forces to deliver integrated life cycle solutions to customers in the oil and gas sector. Through this partnership, both companies are set to increase their operational and service activities…
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SJSB Launches Caribbean Landing Craft

Florida based shipbuilder St. Johns Ship Building (SJSB) launched a newly built 190-foot landing craft vessel for owner Bahamas Ferries on July 28. Designed for transport in the Bahamian islands, the vessel the Grand Master II is outfitted for Caribbean transport with a forward…
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Simrad Announces A2004 Autopilot Controller

The new Simrad A2004 is a dedicated autopilot controller designed to meet the needs of workboat, commercial fishing and passenger vessels. The A2004 is suited for vessels that don’t require SOLAS Heading Control Systems but do require a proven…
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Third Dual-fuel Tug for Østensjø Rederi

After completing its sea trials, AUDAX, the third dual fuel tug ever built in Europe, has been delivered to its owner, the Norwegian company Østensjø Rederi A/S. The first tug of this kind built in Europe, DUX, was delivered by the company last May, and the second one, PAX, was delivered in July.
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