Dozens of tankers holding jet fuel and gasoline are at anchor in sea lanes around Europe's main storage hubs, unable to discharge their cargoes as onshore tanks are full to capacity following the collapse in demand linked to the coronavirus…
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Marine Jet Power Adds to Growing Team in the Americas
Marine Jet Power (MJP) announced Cole Merritt and Peter Gonzalez have joined its business development team in the Americas.“Peter and Cole are a welcome addition to the MJP team in the Americas. As we continue to expand our footprint in the…
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Offshore Drilling: It’s Going to Get Worse Before It Gets Better
The Offshore Rig Market – At $30 Oil Offshore Drillers May Be Out of OptionsCOVID-19 and low oil prices are already having an impact on the offshore rig market as contractors face crew and logistical challenges and E&Ps attempt to prioritize…
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Singapore Oil Trader Hin Leong Meets Banks over Finances
Singapore oil trader Hin Leong held a call with banks on Tuesday after they failed to provide a letter of credit to the firm to purchase at least one cargo of oil products due to load this month, four sources said.The coronavirus pandemic has…
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USCG Polar Security Cutters: The History and Future
The good news is that work has commenced on the first new heavy polar icebreaker for the United States Coast Guard in 43 years. The bad news is that when it enters service, projected to occur in FY2024, it will be the first new heavy polar icebreaker f...
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India’s March Exports Down 34.6% Y/Y
India's merchandise exports shrank by more than one-third from a year ago, dragged down by a fall in global demand and shipments due to the outbreak of coronavirus, the Trade Ministry said in a statement said on Wednesday.Merchandise exports fell to $2...
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Jurong Marine Services Orders LNG Hybrid Tug
Sembcorp Marine subsidiary Jurong Marine Services has ordered a hybrid tug for delivery from the Sembcorp Marine shipyard by the end of 2020.The tug, which will operate in Singapore harbor, will be equipped with ABB’s electric propulsion, power…
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Scientists enthralled by biggest star explosion ever observed
Scientists have observed the biggest supernova - stellar explosion - ever detected, the violent death of a huge star up to 100 times more massive than our sun in a faraway galaxy.
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Space scientists use COVID-19 lockdown as dry run for Mars mission
French space scientists are using the COVID-19 lockdown as a dry run for what it will be like to be cooped up inside a space craft on a mission to Mars.
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Cigar-shaped interstellar trespasser may be fragment of wrecked planet
A reddish-colored cigar-shaped interstellar object called 'Oumuamua that is tumbling through our solar system may be wreckage from a planet ripped apart when it roamed too close to the faraway star it once orbited, according to researchers.
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