The European Bank for Reconstruction and Development (EBRD) said that it is backing the new US$ 600 million five-year bond issued by Mersin International Port, the operator of Turkey’s largest port.The Bank has invested US$ 90million in the issuance…
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Epic Gas Buys 11,000 CBM Vessel
Epic Gas Shipping Company, which owns and operates a fleet of fully pressurized gas carriers, has announced the acquisition of 2015-built 11,000 cbm LPG carrier Epic Sicily.The Singapore-based LPG carrier operator said that the vessel, Epic Sicily, is...
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Koch Extend Charters for Two 2020 Bulkers
Norway-based shipowner 2020 Bulkers announced that the time charters of two of its vessels with the global commodity trader Koch Supply and TradingUnder the new deal, the dry bulk shipping company vessels Bulk Santiago and Bulk Seoul will continue…
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Savona’s Cruise Terminal Renovated
Costa Cruises and the Western Ligurian Sea Port Authority have reopened the Calata delle Vele cruise ship quay and Palocrociere Terminal One in Italy’s port of Savona following an extensive renovation.The ceremony was attended by the city's mayor…
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San Diego Port Buys Eco-Friendly Fleet
The Port of San Diego in the US is planning to purchase seven vehicles for its work fleet that will run on renewable diesel fuel, in its efforts to act as an environmental champion of San Diego Bay.The Board of Port Commissioners approved a $700…
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TSHD Meuse River Launched
The trailing suction hopper dredger (TSHD) Meuse River, built for DEME Group at the Royal IHC shipyard in Krimpen aan den IJssel, is launched.The launch ceremony of the the 7,950m³ vessel took place at IHC’s shipyard in Krimpen aan den IJssel…
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Equinor Awards Contracts worth $385Mln
Norwegian multinational energy company Equinor ASA has chosen suppliers for inspection services on all offshore installations on the Norwegian continental shelf and onshore plants in Norway. The frame agreements are scheduled to be signed shortly.The a...
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First Oil from Iara, Offshore Brazil
French multinational integrated oil and gas company Total and consortium partners have announced first oil from the Iara licence (Block BM-S-11A) in the deepwater Santos Basin pre-salt in Brazil.The first oil marks the start-up of the FPSO P-68…
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Nigeria to Pedal Maritime to Mainstream
The Nigerian Minister of Transportation, Rt. Hon. Chibuike Amaechi has disclosed that the Federal Government will ensure the maritime sector gets into the mainstream of economic strategy as it will engender economic growth and prosperity.The…
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Brittany Ferries Consortium Buys Condor
Condor Ferries, an operator of passenger and freight ferry services between UK and France, has been sold to a consortium including the French shipping company Brittany Ferries.Brittany Ferries, in consortium with the Columbia Threadneedle European Sust...
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