Dynagas LNG Partners LP, an international owner and operator of liquefied natural gas (LNG) carriers, announced it has secured a $675 million syndicated loan from leading international banks.The credit facility will be secured by mortgages on the partn...
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Saudi Attacks, High Demand Leaves U.S. Short on Oil Tankers
A disruption in global oil flows following attacks on Saudi Arabian facilities has left U.S. crude exporters without enough tankers to cover rising demand for cargoes, traders and shipping sources said.Missile attacks last Saturday temporarily…
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Leonardo CEO Dismisses Renzi’s Idea of Tie-Up with Fincantieri
The chief executive of Italian defence group Leonardo on Friday dismissed the idea of a potential tie-up with shipbuilder Fincantieri recently floated by former Prime Minister Matteo Renzi.The two groups are both controlled by Italy's Treasury…
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DNV GL Grants AIP for DSME Ethylene Carrier Cargo Tank
At Gastech trade fair in Houston, DNV GL presented South Korea’s Daewoo Shipbuilding & Marine Engineering Co. Ltd. (DSME) with Approval in Principle (AIPs) certificates for two new 98,000 cubic meter (cbm) ethylene carrier cargo tank designs.
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Iridium Certus Now Available as Companion to KVH VSAT Systems
KVH Industries, Inc., (Nasdaq: KVHI), has announced that the Iridium Certus service is now available from KVH as a companion for KVH’s TracPhone mini-VSAT Broadband systems. Iridium Certus is a next-generation L-band solution providing pole-to-pole glo...
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Arctic expedition to investigate ‘epicentre of climate change’
Scientists from 19 countries are preparing to embark on a year-long expedition to the Arctic, the longest project of its kind, to better understand global climate change.
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BIO-UV Acquires Triogen Holdings
BIO-UV Group, the manufacturer of the BIO-SEA ballast water treatment system, has acquired a 100% stake in Scotland-based Triogen Holdings and its subsidiary Suez Purification and Disinfection Systems from Suez Water Technologies & Solutions.Triogen su...
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Port of Cape Town Orders Workboat Pair
Transnet National Ports Authority (TNPA) will secure two new workboats by 2022 to boost marine operations at the Port of Cape Town and ensure it is recognized internationally for excellence.The more powerful workboats are expected to improve…
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Turkey/Norway Diesel-Electric-Battery Ferry
With a rugged coastline and many fjords to cross, Norway has become a world leader in progressive ferry design. Turkey, with a skilled work force and broad marine experience has become a leader in ferry construction. Put the two together and…
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Damen Completes Maintenance on Innovation
Heavy-lift jack-up vessel Innovation, one of DEME’s DP2 installation vessels, left Damen Verolme Rotterdam shipyard in early September 2019 following a major refit. Innovation spent several months in the Verolme shipyard undergoing renewal of…
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