American multinational energy corporation Chevron signed a new sales and purchase agreement with South Korean oil refiner GS Caltex Corporation for the delivery of liquefied natural gas (LNG) to South Korea.As a joint venture between Chevron and GS Ene...
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Udenna Backs-out from EMAS Rescue
Philippine's Udenna Corporation has broken off negotiations over a potential investment of $73 million in struggling Singapore-based offshore vessel company Emas Offshore.The ailing Singaporean contractor Emas Offshore announced in a regulatory…
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ICTSI Expands Batumi Container Terminal
Philippines-based port operator International Container Terminal Services, Inc. (ICTSI) has inaugurated the newly-expanded Batumi International Container Terminal (BICT) in Georgia.The expansion encompasses both the waterside and landside areas of the ...
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Kalmar Unveils New Electric Tractor
Kalmar, part of Cargotec, said that its Electric Terminal Tractor is due to be launched in 2020 will be equipped with a 107 kWh lithium-ion battery capable of DC fast charge. This means that operators will be able to take advantage of opportunity…
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LNG Demand Grew 9% in 2018: GasLog
Liquefied natural gas (LNG) is expected to have increased by 9%, from 288 million tonnes per annum (mtpa) in 2017 to 313 mtpa in 2018, said GasLog.The Monaco-based owner, operator and manager of LNG carriers said in a stock exchange annoucement…
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India, China to Lead Rapid Growth in Energy
The major chunk of global energy supply growth is expected to come from renewables and natural gas over the next two decades, but steep investment in oil exploration and production will be needed to meet crude demand in 2040.The global energy demand is...
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European Ports Hail EMSWe
The European Sea Ports Organisation (ESPO) welcomes the agreement reached on 7 February between the Parliament and the Council on the new regulation establishing a European Maritime Single Window environment (EMSWe).It said that with the new framework…
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NASA bids adieu to Opportunity, the Mars rover that kept going and going
Opportunity, a remarkably durable NASA rover designed to roll along the surface of Mars for three months, has stopped communicating with Earth after 15 years of service, officials said on Wednesday, ending a mission that astounded the U.S. space agency...
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Tanzanian ‘beast’ sheds light on gigantic dinosaur group
A relatively complete skeleton of a long-necked, long-tailed plant-eater excavated from a rocky cliff above a Tanzanian river is providing insight into the early evolution of a dinosaur group that later included Earth's largest-ever land animals.
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When Siberia Shivers, Time to Fix Ships in the Ice
When the Siberian winter bites and the mighty Lena River freezes, workers at the Yakutsk shipyard brace for a backbreaking but vital task - 'vymorozka'.As Siberia's summer is so short, freighters must be kept moving while the river, whose 4…
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