Greece-based Star Bulk Carriers Corp. sailed into a net profit of USD 23.9 mln for the fourth quarter and year ended December 31, 2017 from a loss of USD 33.1 mln during the same quarter of the previous year. "This performance is underpinned by an ave...
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Op/Ed: Safeguarding Our Marine Transportation System
The U.S. Coast Guard has the enduring responsibility to safeguard the MTS and enable the uninterrupted flow of maritime commerce. Our great Nation’s vast network of navigable waterways, deepwater ports and protected harbors are natural economic…
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Peru Resumes LNG Exports after Pipeline Rupture
Peru has exported its first shipment of liquefied natural gas (LNG) in three weeks after a pipeline rupture in the jungle disrupted production, the state energy agency Perupetro said on Tuesday. The ship Barcelona Knutsen departed Peru for South Korea ...
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Moon to get first mobile phone network
BARCELONA (Reuters) - The moon will get its first mobile phone network next year, enabling high-definition streaming from the lunar landscape back to earth, part of a project to back the first privately funded moon mission.
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China spends $279 bln on R&D in 2017: science minister
SHANGHAI (Reuters) - China's total spending on research and development is estimated to have hit 1.76 trillion yuan ($279 billion) last year, China's science minister said on Monday, a year-on-year increase of 14 percent.
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Trunk show: Elephant genome study offers surprises
WASHINGTON (Reuters) - The most comprehensive elephant genome study ever conducted, covering seven living and extinct species, is offering some surprises about the family tree of the world's largest land animal while also settling a debate about Africa...
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All American Marine Wins Kitsap Ferry Contract
Kitsap Transit Approves $15 Million Contract for Two All American Marine High Speed Low Wake Ferries. Kitsap Transit’s board recently approved a $15 million contract with All American Marine, Inc. (AAM) for the construction of two additional Rich Passa...
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UAE to the Rescue of DP World’s Container Terminal in Djibouti
The United Arab Emirates (UAE) condemned Djibouti’s cancellation of DP World’s contract to run the Doraleh Container Terminal, calling it an “arbitrary” flouting of a signed agreement, said a report in Bloomberg. Media reports yesterday said…
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UK P&I Club Focus on Financial Stability
The UK P&I Club, a leading provider of P&I insurance and other services to the international shipping community, emerges from the renewal to start the new policy year with total mutual owned tonnage of 139 million gt, slightly higher than at the start ...
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Nakilat Posts 2017 Profit of $233
Qatar-based Nakilat (Qatar Gas Transport Company) has announced its financial results for the year ended December 31, 2017, with a net profit of QR 847 million (about USD 233 million). The earnings per share attained in 2017 was QR 1.53. During the yea...
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