The Baltic Exchange's main sea freight index continued to fall on Friday, having broken a 10-day winning streak on Thursday, as rates throughout vessel segments eased.The Baltic index, which tracks rates for ships ferrying dry bulk commodities, fell 37...
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German NGO Calls on Malta to Take in Migrants
A German non-governmental organisation filed on Friday a court request in Malta calling on the government there to accept 13 Tunisian migrants who it said had been saved from a sinking boat in Malta's search and rescue zone.The NGO Sea Eye, which opera...
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Navig8 Product 2020 Adds New MR Tanker
Shipping company Navig8 Product 2020 has taken delivery of a new scrubber-fitted MR tanker, the Navig8 Gauntlet.The international shipping company focused on the transportation of Clean Petroleum Products (CPP) said that the 49,000 dwt vessel…
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Clipper Bulk Expands Fleet
Dry bulk shipping firm Clipper Bulk has reached an agreement to expand its fleet with the purchase of three Handysize cargo vessels.The Copenhagen-based company informed that it has bought three bulkers in close collaboration with a unnamed financial p...
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Eesti Begins LNG Bunkering in Hanko Port
Estonian energy company Eesti Gaas began providing liquefied natural gas (LNG) bunkering services to LNG-powered vessels in the port of Hanko, Finland, for the first time in addition to Tallinn and Helsinki.For the port of Hanko, this means scheduled L...
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Green Light for Arctic LNG 2
The $21.3 billion Arctic liquefied natural gas (LNG)-2 project on the Gydan Peninsula headed by the Russian largest independent natural gas producer Novatek won a green light on Thursday.The project will have a production capacity of 19.8 million…
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Sri Lanks Invest $190mln on ECT Terminal
Sri Lanks will invest a sum of US$ 190 million to installs gantry cairns and also add other infrastructure to the East Container Terminal, said Sagala Ratnayaka, the Minister of Ports, Shipping and Southern Development.He said Sri Lanka Port…
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Dr. Ricaurte Takes Office as Panama Canal Administrator
Dr. Ricaurte Vásquez Morales was sworn-in during a ceremony held at the Panama Canal Administration Building in Panama City, becoming the fourth Panamanian Administrator of the waterway shortly before it celebrates its 20th year under Panamanian admini...
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Saibu Gas, Novatek JV to Market LNG
Japanese natural gas distribution company Saibu Gas and Russian LNG project operator Novatek revealed plans to form a joint venture.Novatek announced that it has signed the Heads of Agreement (HoA) with Saibu Gas in the presence of the Minister…
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China, Singapore Pact on Electronic Certificates in Shipping
China Maritime Safety Administration (MSA) and Maritime and Port Authority of Singapore (MPA) signed a Memorandum of Understanding (MOU) to promote bilateral use and recognition of electronic certificates in shipping.Dr Cao Desheng, Director…
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