(This July 11 story in the final paragraph corrects the time period of launches, how far in advance seats are booked on Soyuz spacecraft and the number of launchpads in Kazakhstan.)
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Multraship Continues Fleet Growth
Towage and salvage specialist Multraship says it is continuing to grow its fleet with a number of new additions to its varied range of vessels.On July 7, the 453-gt firefighting tug Multratug 31 was christened at Terneuzen in the Netherlands.
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India Cuts Iranian Oil Imports Ahead of Sanctions
Indian refiners cut imports of Iranian oil last month as they started weaning their plants off crude from the country to avoid sanctions by the United States that are set to take effect in November.India's monthly oil imports from Iran declined to 592…
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Key Oil Export Terminals Reopen in Libya
Libya's Tripoli-based National Oil Corp (NOC) said on Wednesday that four export terminals were being reopened after eastern factions handed over the ports, ending a standoff that had shut down most of the country's oil output.Production and…
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Tanker Arrives to Load Oil at Libya’s Hariga Terminal
A tanker that eastern officials had prevented from loading for two weeks at Libya's Hariga oil port entered the terminal on Wednesday to start loading one million barrels of crude, a port official said.The tanker had been blocked in a standoff between ...
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Njord Offshore Orders Crew Transfer Duo
BMT said it has secured a contract to provide Njord Offshore with two 23m crew transfer vessels (CTV).The contract, which follows the recent launch of 27m CTVs Njord Zenith and Njord Zephyr designed by BMT and built by Cheoy Lee Shipyards in China…
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Container Equipment Prices Put Pressure on Ship Leasing: Drewry
Container equipment rental rates and cash investment returns remain weak, despite last year’s recovery. But an earlier rise in container prices which lifted values to their highest level in five years will continue to put a dampener on returns…
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Damen Shipyards Galati Welders Scoop Awards
Welders from Damen Shipyards Galati in Romania recently took part in the 2018 Arc Cup International Welding Competition in ZhuZhou, China. At the event, the Galati welders excelled, scooping a number of prestigious awards. Over 380 participants from al...
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Indonesian Ferry Carrying 45 Runs Aground Near Singapore Port
An Indonesian-flagged ferry, SRI KANDI 99, ran aground on a rock bund at the southern tip of Pulau Tekong on Monday (9 July) night, according to the Maritime and Port Authority of Singapore (MPA). "At 11.42pm on 9 July 2018, the MPA received a report t...
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Samsung Heavy Industries Delivers New Vessel to Nordic American Tankers
South Korea's Samsung Heavy Industries (SHI) delivered the first new building, named Nordic Aquarius, to Nordic American Tankers (NAT). The Bermuda-based NAT said in a press release: "We have previously advised you of the new buildings coming from Sams...
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