The Bulgarian captain of a Portuguese-flagged cargo ship who was kidnapped along with seven other sailors by pirates off the coast of Benin last month, has been freed, Bulgaria’s foreign ministry said on Monday.The captain of the container ship Tommi R...
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Dryad: Intruder Boards Maersk Ship in Congo
Maritime safety intelligence firm Dryad has cited reports according to which the containership Maersk Regensburg was illegally boarded by one individual at the Banana Anchorage 3nm from shore in Congo.According to Dryad's report on Monday, the…
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Mammoet Lands its ‘Biggest Ever’ Contract at Arctic LNG 2 Project
Dutch heavy lift and transportation company Mammoet has said it has won its largest-ever contract at the Arctic LNG 2 project in Russia.Mammoet said Monday the contract was awarded by Technip-led joint venture NovArctic in cooperation with Saipem and N...
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Iranian Fuel Tanker Moors at Venezuela’s El Palito Refinery
The first of five Iranian tankers carrying fuel to Venezuela has moored at Venezuela's El Palito refinery, Iran's English-language Press TV reported on Monday.Iran is providing Venezuela with 1.53 million barrels of gasoline and components in a move cr...
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Japan’s NYK Line Sees COVID-19 Cutting Profit by $557M
Japanese shipping company Nippon Yusen KK expects the coronavirus pandemic to reduce its recurring profit by 50-60 billion yen ($464 million-$557 million) for the year to next March, an executive said on Monday."Our assumption is that the worst…
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Iran Fuel Shipment Nears Venezuelan Shores, Maduro Thanks Tehran
The lead vessel of a five-tanker flotilla carrying fuel supplied by Iran to gasoline-thirsty Venezuela neared one of state-run PDVSA's ports as President Nicolas Maduro thanked Tehran on Sunday.Iran is providing Venezuela with 1.53 million barrels…
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Prysmian Targets Half of Sales from Low-Carbon Products by 2022
Prysmian, the world's largest cable maker, pledged on Friday to raise the share of revenues from low carbon products to 50% by 2022 as part of plans to cut its carbon footprint.The Italian company, which supplies cables for industries ranging from high...
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Coronavirus vaccine safe in early trial, hydroxychloroquine may increase death risk
The following is a brief roundup of some of the latest scientific studies on the novel coronavirus and efforts to find treatments and vaccines for COVID-19, the illness caused by the virus.
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NASCAR back on track as F1 and IndyCar stuck in virtual world
NASCAR will have a clear run this Sunday on what would normally be motor racing's most glamorous and busiest day, with Formula One and IndyCar remain stuck in the virtual world.
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President Trump Issues National Maritime Day Proclamation
In recognition of National Maritime Day, held on May 22 each year, President Donald Trump issued a proclamation honoring the U.S. maritime industry. The full text is below.Since the founding of our great Nation, we have relied on merchant mariners…
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