The price of shipping liquefied natural gas (LNG) has spiked in September and is likely to remain high next year, buoyed by rising production from new plants and concerns that demand for LNG vessels will outpace supply.The rate for vessels shipping…
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Russia throws doubt on joint lunar space station with U.S.: RIA
Moscow may abandon a project to build a space station in lunar orbit in partnership with U.S. space agency NASA because it does not want a "second fiddle role," a Russian official said on Saturday.
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Georgia Ports Plan 8 Million TEU Capacity by 2028
The Georgia Port Authority (GPA) has unveiled a $2.5 billion plan to expand the capacity at the Port of Savannah to 8 million TEUs by 2028.GPA Executive Director Griff Lynch at the Savannah State of the Port detailed GPA’s 10-year, $2.5 billion…
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Shell to Deploy AI Applications
Royal Dutch Shell and C3 IoT have announced that Shell has selected C3 IoT as its artificial intelligence (AI) platform to enable and accelerate digital transformation on a global scale.By deploying the C3 IoT Platform globally on Microsoft Azure…
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Transocean Bags Equinor Contract Off Norway
Equinor has awarded Transocean a contract for drilling six wells on the Norwegian continental shelf (NCS) by use of the Transocean Norge mobile rig. Drilling start-up is scheduled for the summer of 2019.The rig has also been awarded a contract…
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APM Terminals Gothenburg Performs Well
This year has seen record-breaking performance at APM Terminals Gothenburg and the return of major shippers and consignees to the terminal. Progress is set to continue as efficiency increases through automation, including self-service gates…
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DMA Joins Polar Fish Trade Fair in Greenland
The Danish Maritime Authority (DMA) participates in Polar Fish 2018 in Sisimiut, Greenland. Focus will be on guidance and information about safety, requirements for ships and the Danish Register of Shipping.Saftety first - The Danish Maritime…
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Royal Research Ships in Hutchison Ports Harwich International
Hutchison Ports Harwich International has become a new base for the British Antarctic Survey’s two ice-strengthened Royal Research Ships, the RRS James Clark Ross and the RRS Ernest Shackleton.The two ships are making their inaugural calls at the port ...
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Golden Ocean Group Appoint Two New Board Members
Norway based dry bulk shipping company Golden Ocean Group Limited IGOGL) has announced that Ulrika Laurin and James O'Shaughnessy have been elected as new board members.Ulrika Laurin has been the Executive Chairman of ship-owning company Anglo-Atlantic...
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Noble Corporation Buys Gusto MSC CJ46 Design Jackup Rig
Noble Corporation has announced the purchase of a new Gusto MSC CJ46 design jackup rig from the PaxOcean Group (PaxOcean) in connection with a concurrently awarded drilling contract.Noble paid $33.75 million of the $93.75 million purchase price in cash…
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