Louisiana shipbuilder Bollinger Shipyards said it delivered the U.S. Coast Guard’s 27th Fast Response Cutter (FRC), U.S. Coast Guard Cutter Richard Snyder, on February 8, 2018 in Key West, Fla. The vessel’s commissioning is slated for April, 2018 in At...
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Surprising bat genetic trait holds secrets of longevity
WASHINGTON (Reuters) - Bats are the longest-lived mammals relative to body size, and a species called the greater mouse-eared bat lives especially long. Researchers now have unlocked some of this bat's longevity secrets, with hints for fighting the eff...
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Hoegh LNG Signs FSRU Deal with Gas Natural Fenosa
Norway's Höegh LNG said on Wednesday that its floating storage and regasification unit (FSRU) Höegh Giant has started its time charter contract with Spanish LNG operator Gas Natural Fenosa. The initial term of the contract is three years, and…
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WFW Advises NYK on LNG Carrier Charter
Watson Farley Williams (WFW) advised NYK Nippon Yusen Kabushiki Kaisha (NYK) on the execution on 26 January 2018 of its long-term charter contract with EDF LNG Shipping, a subsidiary of the electricity major, Electricité de France (EDF). The…
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Ardmore Shipping Reports Net Loss of USD 12.5 Mln
Tanker owner Ardmore Shipping Corporation reported a net loss of $12.5 million for the twelve months ended December 31, 2017, or $0.37 basic and diluted loss per share, as compared to a net profit of $3.7 million, or $0.12 basic and diluted earnings pe...
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Major Ports in India See 4.58% Cargo Traffic Growth
Major ports in India have recorded a cargo traffic growth of 4.58% and together handled 560.97 million tonnes (MT) of merchandise during the period April 2017 to January 2018, as against 536.41 MT handled during the corresponding period of previous year.
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Pacific International Lines Start Service in Far East – Red Sea Routes
Pacific International Lines (PIL), Singapore’s leading containership operator, announces two upgraded weekly services on the Far East – Red Sea service route. Done in collaboration with Ocean Alliance, the routes named RSS and RES will commence operati...
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CMA CGM Introduces REEFLEX for Transportation of Liquids
CMA CGM has launched the most advanced solution for the transportation of liquids by controlled temperature: REEFLEX - an ideal alternative to break bulk for the transportation of liquids which optimally preserves the product’s properties. Developed in...
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Indian Cabinet Clears Changes in Major Port Authorities Bill 2016
Indian's Union Cabinet has approved the incorporation of the official amendments to the Major Port Authorities Bill 2016, which is pending in the Parliament. The Amendments are based on the recommendations of the department related parliamentary stand...
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EFIP Looks for a New Director
The European Federation of Inland Ports (EFIP) has announced the beginning of submission of applications for a new director post. The organization said the new EFIP Director will work at the European Sea Ports Organisation (ESPO)-EFIP Secretariat, whic...
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