Total has acquired Marathon Oil Libya Limited which holds a 16.33% stake in the Waha Concessions in Libya. This acquisition will give Total access to reserves and resources in excess of 500 million barrels of oil equivalent, with immediate production o...
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Austal Delivers Its 12th LCS
Austal USA delivered its seventh Independence-variant littoral combat ship (LCS) to the U.S. Navy on Wednesday, Feb. 28. The future USS Manchester (LCS 14) will be the twelfth LCS to enter the fleet. “We’re so excited to deliver another LCS to the flee...
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Fitch: Profitable May be Tough for Container Shippers
Fitch Ratings-London-01 March 2018: Sustaining last year's improved profitability in 2018 may prove challenging for container shipping companies, Fitch Ratings says. The fact that some companies are likely to have remained loss-making in 2017…
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WinGD, HHI Partner for Digital Techn
Winterthur Gas & Diesel (WinGD) and Hyundai Heavy Industries (HHI) Group recently signed, the first agreement of its kind to integrate their advanced digital technologies to provide greater insight and benefit to ship owners from their engine and ship ...
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Danish Energy Agency Clears Maersk Oil Sale to Total
The Danish Energy Agency has approved AP Moller-Maersk's US$ 7.45 billion sale of of Mærsk Olie & Gas A/S (Maersk Oil) to global oil major Total S.A., the conglomerate said. As part of the agreement Total will take over Maersk Oil’s organisation…
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New Sponsor for Marine Science
International Maritime Organization (IMO)'s marine science advisory group, Joint Group of Experts on the Scientific Aspects of Marine Environmental Protection (GESAMP), is welcoming a new sponsor. The International Seabed Authority (ISA), the…
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All-Women Crew Tarini Enters Cape Town, South Africa
India's INSV Tarini entered Cape Town (South Africa) today during it’s maiden voyage to circumnavigate the globe. This is the first-ever Indian circumnavigation of the globe by an all-women crew. The vessel is skippered by Lieutenant Commander Vartika ...
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CMA CGM BIANCA, Largest Ship to Call in Cameroon (Kribi)
The CMA CGM Group, a leader in maritime transport, announced the start of its commercial operations at the Kribi Container Terminal. On this occasion, the CMA CGM BIANCA, 8721 TEUs and 335 meters long, became the largest container ship to call in Camer...
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Azerbaijan Caspian Shipping Company Overhauls Towing, Supply Vessel
Major overhaul of the towing and supply vessel "Andoga" belonging to the Caspian Sea Oil Fleet of the Azerbaijan Caspian Shipping Company has been completed, said a press release. The main engines, main and reserve pumps, pipeline systems, power plants...
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Port of Antwerp to Help Develop New Dakar Port, West Africa
Antwerp and Dakar port authorities are to collaborate more closely in the next few years. In this way Antwerp, the second-largest port in Europe, seeks to reinforce its historic position as leader on the coast of West Africa. The Senegalese…
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