The wife of Shark Tank star Kevin O'Leary has been charged with careless operation of a vehicle, after she was involved in a boat crash that resulted in two deaths, the Ontario Provincial Police (OPP) said on Tuesday.Police said Linda O'Leary…
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U.S. Slaps Sanctions on Firms Moving Venezuelan Oil to Cuba
The U.S. Treasury Department on Tuesday imposed sanctions on four maritime firms and vessels transporting Venezuelan oil to Cuba, amid an acute fuel scarcity in the island that is forcing people to line up for gasoline and public transport.Despite toug...
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MISC, NYK and Mitsubishi Partner for the LNG Canada Project
MISC Berhad (MISC) through its subsidiary have signed an agreement with Mitsubishi Corporation and Nippon Yusen Kabushiki Kaisha (NYK) to co-own two newbuild LNG vessels mainly for the LNG Canada project.Both LNG carriers have a capacity of 174…
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SCHOTTEL Propulsion Package for Damen Multibuster
During the Seatrade Offshore Marine and Workboats 2019 in Dubai, SCHOTTEL welcomed Lars Seistrup, Managing Director of Albwardy Damen, to its booth to sign a contract agreement for a full propulsion package for a new type of vessel. The Damen…
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GAC Opens in Ireland
As part of its European growth strategy, the GAC Group has opened its first office in the Republic of Ireland, providing a wide range of shipping services to vessels at the country’s ports as well as in Northern Ireland.GAC Ireland provides…
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ClassNK Grants AIP on LPG Reformer for Marine Engines
Classification Society ClassNK granted an Approval in Principle (AIP) to Osaka Gas for their joint project with Daihatsu Diesel on an LPG Reformer for marine engines. This was the first AIP granted in Japan for such equipment.The LPG Reformer…
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Baltic Index Snaps 13-session Losing Streak
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose slightly on Tuesday ending a 13-session losing streak, as higher demand for capesize vessels offset a fall in panamax demand.* The Baltic ind...
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Sovcomflot Elects New Chairman and New CEO
On September 24, 2019, the Board of Directors of PAO Sovcomflot elected Sergey Frank as its new Chairman. Igor Tonkovidov was appointed as the company's new Chief Executive Officer. Both appointments are with immediate effect.The meeting was attended b...
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Warning: Abduction of Crew From Fishing Boat Off Malaysia
Name and Type of Ship: Fishing boatDate/Time of incident: September 23, 2019 at about 1200 hrs (local time)Area Description: Off Lahad Datu, Sabah, MalaysiaCategory: Abduction of crewDescription: On Sep 23, 2019 at about 1200 hrs, seven masked-men arme...
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NYK Places Order for World’s Largest LNG-Fueled PCTC
NYK has placed an order for the world largest pure car and truck carrier (PCTC) capable of navigating oceans with only LNG as the main fuel. A keel laying ceremony was held on September 20 at Shin Kurushima Toyohashi Shipbuilding Co. Ltd., and…
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