In pursuance of India’s ‘Act East’ policy, Eastern Fleet ships INS Satpura and Kadmatt are on a 4-day port visit to Singapore from 14 September 17. During the stay in harbour, various activities such as official calls, formal reception on board ships…
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CMA CGM Reports Better Result in Q2 2017
CMA CGM recorded a net income of $219 million on revenues of $5.55 billion for the second quarter of 2017, with volumes rising 33.3 percent year-over-year. Volumes carried grew with the integration of APL, the launch of OCEAN ALLIANCE and the industry dynamism, the company said.
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Warning on Hazards of Carrying Bauxite by Ship
A new warning that bauxite may become unstable when carried in bulk on a ship, potentially causing the vessel to capsize, has been issued by the International Maritime Organization (IMO). Bauxite is one of the world’s major sources of aluminium…
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Japan’s JICA to Fund India’s Alang-Sosiya Shipyards
The Government of India signed a loan deal worth USD 76 million with Japan International Cooperation Agency (JICA), for a project to upgrade the environment management plan at Alang-Sosiya ship recycling yards. The total cost of the project will be $ 111 million…
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Beaumont Port Still Restricted after Harvey
While crude deliveries by larger ships to Beaumont in Texas remain restricted after Hurricane Harvey, a workaround using pipelines can supply Exxon Mobil's refinery there, shipping sources said. Silt and clay lingering in the Port of Beaumont still threaten to entrap large ships…
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CMA CGM Confirms Order for Nine Mega Ships
CMA CGM, the world's third-largest container shipping firm, said it expected operating profits to improve further in the second half as the market continues to recover, and confirmed an order for nine giant vessels. The announcements by French…
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Cassini spacecraft ends 13-year odyssey with fiery plunge into Saturn
(Reuters) - The U.S. space agency NASA received a final signal from its Cassini spacecraft on Friday as it ended a groundbreaking, 13-year Saturn mission with a meteor-like plunge into the ringed planet's atmosphere.
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US-flag Shipping on Great Lakes Up 7%in August
The Lake Carriers’ Association (LCA) said U.S.-flag Great Lakes freighters (lakers) moved 10.1 million tons of cargo in August, an increase of 7 percent compared to a year ago. The month’s shipments also bettered the August long-term average by approximately 60,000 tons.
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Brightoil Launches Online Bunker Trading Platform
International bunker trader and supplier Brightoil has launched a new suite of online tools that aims to transform the way bunker fuel is traded globally. Brightoil Bunker Online E-Delivery platform is now live and includes a Forward Fixed Price…
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Mississippi River Deepening Project Gains Support
The National Association of State Departments of Agriculture (NASDA) hosted its Annual Meeting in New Orleans, where NASDA President and Commissioner of Louisiana’s Department of Agriculture and Forestry, Dr. Michael Strain championed a motion…
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