Britain said on Friday it had signed deals worth 86.6 million pounds ($109.50 million) with shipping firms to ensure the supply of vital medicines in the event of border chaos after the country leaves the European Union.The country's transport…
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Atlantic Offshore Orders Hybrid Package for OSV Pair
Technology group Wärtsilä said it will engineer, supply and install complete battery hybrid packages to two offshore supply vessels (OSV) owned by Norwegian-based operator Atlantic Offshore. The 746 kWh battery hybrid systems will be installed…
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Alexei Leonov, first human to walk in space, dies at 85
Alexei Leonov, who became the first human to walk in space in 1965, died on Friday at the age of 85 after a long illness, Russia's TASS news agency reported.
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DSC Dredge Wins USACE Dredge Bid
DSC Dredge, LLC wins bid for a new, non-propelled, cutter suction head dredge solicited by The Marine Design Center (MDC) of the U.S. Army Corps of Engineers (USACE) earlier this month. When completed, the new cutter suction head dredge will operate ou...
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SHORTSEA SHIPPING: All the Right Moves (Finally)
Marine Highways Gain Traction in the Intermodal Supply Chain.In the United States, landside infrastructure is at a crisis point. Congestion at the big hub ports, exacerbated by imperfect intermodal interfaces with surface transport serving cargo hinter...
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Flawed CRS Dredging and Jones Act Report Under Fire
Congressional Leaders Rebuke Fatally Flawed Congressional Research Service Reports on Dredging and U.S.-flag Shipping.The Chairman and Ranking Members of the U.S. House of Representatives Transportation and Infrastructure Committee (T&I) and…
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U.S. Sanctions Bite; Traders Shun 300 Tankers
Nearly 300 oil tankers globally have been placed off limits as companies fear violating U.S. sanctions against Iran and Venezuela, driving freight rates to new highs, industry sources said.The move has taken roughly 3% of the global oil tanker fleet ou...
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CNOOC Seeks Replacements for Sanctioned COSCO LNG Tankers
China National Offshore Oil and Gas Company (CNOOC) is on the hunt for liquefied natural gas (LNG) tankers to charter, several industry sources told Reuters, looking to replace ships it had previously hired that are linked to a Chinese company…
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U.S. Sanctions Deal Blow to LSFO for ‘IMO 2020’
Highly sought after types of oil best suited to making cleaner shipping fuel are suddenly finding they are a tougher sell for thirsty East Asian markets, traders say, in an unintended consequence of U.S. sanctions on a Chinese shipping fleet.With…
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Tokyo Gas Rejects LNG Tanker after Power Outage
Japan's Tokyo Gas rejected delivery of a liquefied natural gas (LNG) tanker on Thursday after the vessel suffered a power outage after entering Tokyo Bay, a company spokesman told Reuters on Friday.The 157,000 cubic metres tanker, Energy Atlantic…
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