Rapid shifts in the Earth's north magnetic pole are forcing researchers to make an unprecedented early update to a model that helps navigation by ships, planes and submarines in the Arctic, scientists said.
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Next-Generation LNG Carrier Christened
Mitsubishi Shipbuilding Co., Ltd. held a christening ceremony for a next-generation LNG (liquefied natural gas) carrier under construction for TRANS PACIFIC SHIPPING 5 LTD., a joint venture of JERA Co., Inc. (JERA) and Mitsui O.S.K. Lines, Ltd. (MOL).
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Sea States: Documentary on the Shipping Industry to debut in Spring 2019
Sea States, a new documentary film on the importance of the shipping industry is currently under production by Third Wave Films. Endorsed by the Connecticut Maritime Association, and the Marine Industry Foundation, the film is being funded by…
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Surface Navy Association to Hold Annual Symposium
The Surface Navy Association will hold its 31st National Symposium January 15-17, 2019 at the Crystal City Hyatt Regency Crystal City Hotel in Arlington, Va.The symposium will feature senior Navy leaders delivering keynote remarks, focused on the theme...
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First LNG Shipment Arrives in Gibraltar for New Power Plant
The first liquefied natural gas (LNG) shipment has arrived in Gibraltar for use in the British territory's new LNG-fuelled power station, a government statement said.Gibraltar already supplies the most marine fuel of any port in the Mediterranean and a...
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Exxon Ships Have Not Returned to Disputed Area off Guyana
Seismic research vessels hired by Exxon Mobil to explore for oil off Guyana's coast have not returned to the site of a December incident with Venezuela's navy, but they may in the future, Guyana's foreign minister said on Thursday.Guyana, with no histo...
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PetroVietnam: Maritime Tensions Weigh on Operations
Vietnam's state oil firm PetroVietnam said on Friday that tension in the South China Sea will continue to weigh on its offshore operations this year.The company, formally known as Vietnam Oil and Gas Group targets to produce 12.37 million metric tonnes...
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Crew Travel: Safety & Security in Shipping
Despite notable breakthroughs in technology and an overdue increase in conversations regarding safety at sea, the very nature of the marine industry means that risk is inevitable.Piracy remains a prominent concern in certain regions, for example, aroun...
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Mergers: Commission to Assess Acquisition of Chantiers de l’Atlantique by Fincantieri
The European Commission has agreed to the request submitted by France and Germany asking it to look at Fincantieri's proposed acquisition of Chantiers de l'Atlantique in the light of the EU Merger Regulation.The Commission considers that the…
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Diesel Futures Project Slowdown in 2019: Kemp
By the end of last year, hedge fund positions in diesel had fallen to a level normally associated with a sharp slowdown in economic growth if not an outright recession.Most middle distillate fuels such as diesel, gasoil and jet fuel are consumed in fre...
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