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Monthly Archives: February 2020

Iran, Syria Ink Maritime Agreement

Iran and Syria have signed an agreement on mutual maritime cooperation during  the sixth round of joint maritime committee meeting on the maritime and port cooperation.The Managing Director of Iran's Maritime and Port Organization (PMO) Mohammad Rastad...
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Australia Becomes World’s Largest LNG Exporter

Australia has become the largest liquefied natural gas (LNG) exporter in the world. The record figure knocked Qatar out of the top spot."Australia is set to become the world’s largest liquefied natural gas (LNG) exporter this year, overtaking Qatar…
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Knud E. Hansen Intros New Ferry Design

Danish-based consultancy Knud E. Hansen has designed a 212-metre RoPax ferry with a large battery bank to power it while dockside, allowing for zero emissions in port.RoPax ferry can transport up to 700 passengers and 390 cars. The vessel also…
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SFL Sells its Oldest VLCC

Bermuda-based SFL Corporation has sold and delivered Front Hakata, a 2002-built very large crude carrier (VLCC).The international ship owning and chartering company said that the net cash proceeds to SFL was approximately $30 million after a compensati...
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Hyundai to Build 2 LNG carriers for Knutsen

Norwegian shipping company Knutsen said that  Shell signed separate agreements for four LNG carriers with affiliates of Knutsen liquefied natural gas (LNG), two LNG carriers with Korea Line Corporation and two LNG Carriers with Global Meridian…
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DSME to Build 2 LNG Tankers for KNOT

Knutsen NYK Offshore Tankers (KNOT), owner and operator of shuttle tanker operator, announced that it has been awarded a contract to build two  liquefied natural gas (LNG) fueled Shuttle Tanker.According to the fully integrated industrial shipping comp...
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KSOE Wades into the Red

South Korean manufacturer of oil tankers, cargo and passenger vessels, and warships, Korea Shipbuilding & Offshore Engineering (KSOE) reported its fourth-quarter net loss of 26.2 billion won (US$ 22.2 million), remaining in the red compared…
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Unique Group Acquires APAC Marine Unit

Integrated marine and subsea solutions provider Unique Group has announced the acquisition of the Australian-company Western Advance’s Marine Division.The provider of services and solutions for the offshore, subsea and life support industries…
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