Commerce is now moving normally along the Columbia River and through John Day Lock after U.S. Army engineers completed repairs to damaged guide wheels by 12:30 p.m., August 5. Technicians originally discovered damage to a lower guide wheel on July 25…
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First Foreign-flagged Ship Arrives in Ukraine Since February, Awaits Grain Load
A foreign-flagged ship arrived in Ukraine on Saturday for the first time since the war started in February, and will be loaded with grain, Ukrainian Infrastructure Minister Oleksandr Kubrakov said.Ukraine is starting to resume grain exports…
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Less US Gas to Asia, Freeport Explosion Reduce LNG Vessel Transit Through Panama
The Panama Canal has seen a 30% fall in the traffic of vessels carrying liquefied natural gas (LNG), driven by Asia's weak demand for U.S. LNG and limited exports from the U.S. Gulf Coast since a terminal explosion in June, the waterway's authority tol...
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RIMPAC Naval Exercise Brings Together ‘Capable Adaptive Partners’ from 28 Nations
The 2022 biennial, multi-national Rim of the Pacific's (RIMPAC) exercise has come to a close.This year’s exercise with the theme of “Capable Adaptive Partners,” featured 26 participating nations and 38 surface ships, three submarines, more than 30 uncr...
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NASSCO Awarded $1.4 Billion to Build US Navy Ships
Shipbuilder General Dynamics NASSCO, a subsidiary of aerospace and defense company General Dynamics (GD), announced on Friday that it received $1.4 billion in U.S. Navy contract modifications for construction of a sixth Expeditionary Sea Base…
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US Announces $172 Million to Improve Ferry Service
The Biden-Harris Administration on Friday announced new funding aimed at improving ferry service across the U.S. The U.S. Department of Transportation’s Federal Highway Administration announced $172.2 million in Fiscal Year 2022 formula funding…
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Eni Buys Exmar’s Tango FLNG for Use in the Congo
Italian oil major Eni announced it has signed a deal to to buy the Tango FLNG floating liquefaction plant from Belgium-based Exmar for use in the Republic of Congo. Under the agreement, Eni will acquire Exmar's company Export LNG Ltd, which owns the Ta...
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Excelerate, Engro Exploring LNG Regasification in Pakistan
Excelerate Energy said it has signed a memorandum of understanding (MOU) with Engro Eximp FZE, a subsidiary of Engro Corporation, to evaluate the possibility of establishing a regasified liquefied natural gas (LNG) marketing business with maximum…
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Braemar Names Beckwith HR Director
Braemar, expert advisors in shipping investment, chartering, and risk management, today announced the appointment of John Beckwith as Group Director of Human Resources.The hire of Beckwith strengthens Braemar’s leadership team, enhances and…
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China’s Military Drills Near Taiwan Disrupt Key Shipping Lanes
China's military exercises in the waters around Taiwan have prompted some ships to navigate around the Taiwan Strait and give the island a wide berth, disrupting key trading routes for cargo and commodities sailing around the world, analysts said.Anger...
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