Mexico has hosted a five-day workshop on International Maritime Organization (IMO)'s International Ship and Port Facility Security Code (ISPS Code), which sets out preventive security measures in case of threats to ships and port facilities.
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USCG Increases Marine Casualty Reporting Thresholds
Members should be aware that the USCG has increased the marine casualty property damage thresholds for reportable marine casualties that take place in US waters or involve US-flag ships. These changes took effect on 18 April 2018. A marine casualty…
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Trump Rails Against Oil Prices, OPEC Pushes Back
U.S. President Donald Trump accused OPEC on Friday of "artificially" boosting oil prices, drawing rebukes from some of the world's top energy exporters."Looks like OPEC is at it again. With record amounts of Oil all over the place, including the fully ...
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EU Suspects Tax Fraud at China’s New Gateway to Europe
European Union and Italian authorities are investigating suspected wide-scale tax fraud by Chinese criminal gangs importing goods via Greece’s largest port of Piraeus, a trade gateway between China and Europe, officials said.“The VAT is completely evad...
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Silver Ships Debuts Demo Fire and Rescue Boat
Silver Ships, Inc. said it has collaborated with industry vendors to create an aluminum demonstration fire/rescue boat.Designed and manufactured for firefighting and rescue applications, the vessel will be used to showcase the capabilities and…
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Golar LNG Enters Preliminary Deal for BP FLNG
Golar LNG Limited announced it has entered into a Preliminary Agreement and exchanged Heads of Terms (HoT) for an FLNG vessel for phase 1A of the Greater Tortue / Ahmeyin field, located offshore Mauritania and Senegal.The Preliminary Agreement…
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US Coast Guard Offloads $13.3 Mln Drug Haul
The U.S. Coast Guard offloaded $13.3 million worth of suspected heroin and cocaine and transferred custody of two suspected smugglers to authorities in San Juan Tuesday, following a recent interdiction in the Caribbean Sea off Puerto Rico.The…
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Flatpack fear no more? Robot assembles IKEA chair frame
SINGAPORE (Reuters) - Robots in Singapore have completed a task many humans dread - assembling flat-packed IKEA furniture.
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Freeport LNG Delays Start of Texas Export Terminal
Freeport LNG, a privately held U.S. liquefied natural gas company, said on Thursday it pushed back the projected start date for its $13 billion export terminal under construction in Texas by about nine months to around Sept. 1, 2019.Freeport…
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