Belgian crude oil shipper Euronav NV said on Thursday it saw the return of a strong freight rate market during the fourth quarter, signalling a strong start to 2019.The company's core earnings (EBITDA) rose by 16.5 percent to $102.3 million…
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Root and branch reform: Swedish scientist makes fuel from tree waste
Might tree roots, twigs and branches one day be used to power cars? That's what a Swedish researcher is hoping after developing a pulp byproduct that - on a modest scale - does just that.
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China clones gene-edited monkeys for sleep disorder research
Chinese scientists have made clones of a gene-edited macaque to aid research of circadian rhythm disorders that are linked to sleep problems, depression and Alzheimer's disease, the official Xinhua news agency said on Thursday.
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LNG Import: China is World’s No. 2 buyer in 2018
China's imports of liquefied natural gas (LNG) in December soared 25 percent from the same period a year earlier to a monthly record of 6.29 million tonnes, customs data showed on Wednesday.The previous record of 5.99 million tonnes was set in November...
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New Marine Expo Focused on Cruise Interiors
Marine Interiors Cruise & Ferry Global Expo, powered by SMM, is the most recent addition to the maritime exhibition portfolio of Hamburg Messe und Congress GmbH (HMC).Launching this year, the new trade fair is dedicated to the interior design and outfi...
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BIOFUELS: Clariant, ExxonMobil, REG Partners on Research
Clariant signed a joint research agreement with ExxonMobil and Renewable Energy Group (REG) to evaluate the potential use of cellulosic sugars from sources such as agricultural waste and residues to produce biofuel, which has the potential…
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Vigor Wins $7.3 Mln Contract for USCG Icebreaker Maintenance
The U.S. Coast Guard’s polar medium icebreaker Healy arrived at Vigor’s Seattle shipyard in early January for maintenance.The $7.3 million contract includes sea valve renewal and overhaul, bow thruster modifications, ballast tank and underwater…
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The Tanker Market: 2019 and Beyond
Late 2018 saw the tanker market bubble upwards through late November, with daily vessel hires moving in the direction of, though not yet reaching levels not seen since late 2014-2015, when oil prices were in freefall and inventories building to the brim.
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Technology: New FiFi Simulator from Kongsberg Digital
Kongsberg Digital unveiled an innovative new simulator solution for training officers and crew in advanced firefighting. K-Sim Safety offers high fidelity simulation covering all aspects of fire safety. K-Sim Safety contributes to reducing the…
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Fast Support Vessel Delivered for SEACOR
Louisiana shipbuilder Gulf Craft has delivered the third vessel in a series of new class monohull fast support vessels (FSV) for SEACOR Marine.According to designer Incat Crowther, the vessel Libby L. McCall advances the traditional offshore support ve...
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