Bermuda-based crude oil tanker company DHT Holdings plans to fit exhaust gas cleaning systems on two thirds of its very large crude carriers (VLCCs) to comply with the impending 2020 sulphur cap.The oil tanker owner-operator said that the retrofit…
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Hyundai Merchant Marine to Say Good Bye to 2M Alliance?
South Korea's largest shipping firm Hyundai Merchant Marine (HMM) is likely to part ways with the 2M Alliance which will expire in April 2020 and join a new ocean alliance said a local media report.According to a report in Business Korea, the…
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NASA deep space probe reaches asteroid deemed potential Earth threat
NASA's deep space explorer Osiris-Rex flew on Monday to within a dozen miles of its destination, a skyscraper-sized asteroid believed to hold organic compounds fundamental to life as well as the potential to collide with Earth in about 150 years.
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Russia launches first manned voyage to ISS since rocket accident
A Russian-made Soyuz rocket blasted a three-man crew into orbit on Monday, beginning the first manned voyage to the International Space Station since a mission in October was aborted in midair because of a rocket malfunction.
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SpaceX launches biggest U.S. ‘rideshare’ mission with 64 satellites
(This story corrects to delete incorrect information that rocket carried a University of Illinois satellite)
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TOP Ships Concludes Suezmax Financing
TOP Ships, an international owner and operator of modern, fuel efficient “ECO” tanker vessels currently focusing on the transportation of crude oil and petroleum products, announced that it has concluded Financing Agreements with a major Chinese leasin...
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Falling Capesize Demand Weighs on Baltic Index
The Baltic Exchange's main sea freight index, tracking rates for ships ferrying dry bulk commodities, fell for the fourth straight session on Monday, pressured by waning demand for capesize vessels.The overall index, which factors in rates for capesize…
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Coast Guard Icebreaker Completes 129-day Arctic Deployment
The crew of the U.S. Coast Guard Cutter Healy returned home Friday to their homeport in Seattle following a four-month deployment in the Arctic. In addition to providing presence and access in the Arctic during the 129-day summer deployment…
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Illinois Soybean Growers Encouraged by U.S-China Trade Talks
Lynn Rohrscheib, Illinois Soybean Growers (ISG) chairwoman and a soybean farmer from Fairmount, Ill., released the following statement in response to U.S. and China announcing continued trade discussions: “As the nation’s top soybean-producing state…...
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Petrobras, Murphy to Explore in GoM
Brazil's state-controlled Petroleo Brasileiro SA (Petrobras) said on Monday it had sealed a joint venture with Murphy Exploration & Production Company to explore oil and gas fields in the Gulf of Mexico, according to a securities filing.Petrobras recei...
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