In today’s energy industry, things are moving fast. The upheaval brought about by COVID-19 and exacerbated by the Russia-Saudi Arabia oil price war has been so profound that the International Energy Agency (IEA) has described the situation as “a once i...
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Rhine Water Level Rises, Too Shallow in North for Full Shipping
Water levels on the Rhine in Germany have risen after rain in past days but are still too shallow in northern areas for cargo vessels to sail fully loaded, traders said on Friday.The river had fallen below normal levels in late May after dry weather.
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Pandemic Forces Ship Owners to Shelve Scrubber Installs
Ship owners are postponing or canceling the installation of “scrubbers” that extract harmful sulphur emissions from their vessels as the coronavirus pandemic tightens finances.Regulations from United Nations agency the International Maritime Organizati...
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How China Got Venezuelan Oil Despite US Sanctions
Last year, China replaced the United States as the No. 1 importer of oil from Venezuela, yet another front in the heated rivalry between Washington and Beijing.The United States had imposed sanctions on Venezuela’s state-owned oil company as…
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Cuba Cancels Economic Fair as Imports Plummet
Cash-strapped Cuba has canceled its annual international trade and investment fair slated for November due to the pandemic, state-run media reported on Friday, even as fallout from the novel coronavirus hammers revenues and imports.Container traffic at...
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Training Tips for Ship #13: How’s Your Training? You Can’t Know Unless You Ask!
We have all heard it a thousand times: “If you do not measure it, you cannot manage it”. This is especially true with training because the inputs (the training provided) are often far removed in time and apparent direct causality from the key output (p...
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Final Containership Leaves Stockholm’s Frihamnen Port
The unloading of the final containership at the Frihamnen port in Stockholm marks the end of an era.The 1,349 TEU Dutch-flagged containership Essence unloaded the final cargo at Frihamnen on June 1, but the CTF container terminal will remain…
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Mitsubishi Heavy in Talks to Acquire Mitsui E&S’s Shipbuilding Business
Mitsubishi Heavy Industries said it had agreed to begin talks with Mitsui E&S Holdings to acquire its shipbuilding business.A deal to acquire Mitsui E&S's shipbuilding unit could help Mitsubishi Heavy, Japan's biggest defense company, better compete fo...
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The Emerging U.S. Offshore Wind Industry in a Post-COVID-19 World
Join a webinar on June 17, 2020 for the global release of a major new market study on the depth, breadth and growth prospects of the Offshore Wind Market -- https://zoom.us/webinar/register/WN_UR5uY1boTOKdAAcAXDbR4gJust when it was looking…
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COVID-19 & the U.S. Workboat Market: Business Continuity, Not Business as Usual
In today’s environment, the overarching challenge for the American tugboat, towboat and barge industry is to continue transporting the vital commodities that help keep our nation’s economy moving during a highly uncertain time, while taking…
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