Roads and Transport Authority (RTA) revealed that the total ridership of marine transit modes in Dubai has clocked 7,182,435 riders during the first half of this year. Abras (boat) accounted for the biggest number of commuters ferrying as much as 6,867...
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Bangabandhu Satellite to Link 39,000 Ships at Sea
Bangladesh Communication Satellite Company Limited (BCSCL) has signed a memorandum of understanding (MoU) with the shipping ministry so that Bangabandhu-1 satellite will provide the connectivity to around 39,000 ships in the country in a year.
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Equinor Acquires Energy Trader Danske Commodities
Norwegian oil and gas major Equinor, formerly Statoil, is acquiring the Danish energy trading company, Danske Commodities for EUR 400 million (USD 470 mln). "Equinor has reached agreement to buy 100% of the shares in Danish energy trading company Dansk...
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Wallenius Wilhelmsen Acquires Syngin Technology
Wallenius Wilhelmsen, the global finished vehicle logistics provider, has signed an agreement to acquire 70% of the membership interest in Syngin Technology for an initial purchase price of USD 22 million on a cash and debt free basis. "The future of ...
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Scientists defy ‘force of nature’ to unlock secrets of Hawaii volcano
Dressed in heavy cotton, a helmet and respirator, Jessica Ball worked the night shift monitoring "fissure 8," which has been spewing fountains of lava as high as a 15-story building from a slope on Hawaii's Kilauea volcano.
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Aker BP Hires Prosafe Vessel
Prosafe has signed a contract with Aker BP ASA for the Safe Scandinavia to provide accommodation support at the Ula platform in the Norwegian sector of the North Sea. The firm duration of the contract commencing mid-August 2018 is seven months with eig...
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“Vladimir Rusanov” Completes First Eastern Transit
Mitsui O.S.K. Lines (MOL) announced that the Ice-Breaking LNG Carrier "Vladimir Rusanov", which is jointly owned by MOL and China COSCO Shipping Corporation, has successfully arrived at the Bering Strait. The vessel carried out a LNG loading operation ...
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Star Bulk Carriers Completes Acquisition of 15 Dry Bulkers from Songa Bulk
Global shipping company Star Bulk Carriers, announced that it has closed the previously announced acquisition of fifteen operating dry bulk vessels from Songa Bulk for an aggregate of 13.725 million common shares of Star Bulk and $145.0 million in ...
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ASEAN Members Strengthen Oil Spill Preparedness
Oil spill contingency planning is in the spotlight at an IMO regional workshop in Pulau Indah, Malaysia (2-6 July). The workshop is helping countries (ASEAN Member States: Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, Thailand, Vietnam and…
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THE Alliance Updates Asia-North America West Coast Service
Members of THE Alliance, Hapag-Lloyd, Ocean Network Express, and Yang Ming have announced a services update regarding their Trans Pacific - West Coast products in response of schedule integrity improvement, extensive product enhancement and better cost...
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