FPSO leasing firm BW Offshore has secured a one-year contract extension for the lease and operation of the FPSO Espoir Ivoirien. The firm period has been extended until the end of Q1 2023.The FPSO is operating on the Espoir field offshore the Ivory Coa...
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Norway’s Hammerfest LNG Plant Extends Outage
Norway's Hammerfest LNG plant is now expected to restart on May 27, four days later than the previous plan and further delaying operations since a fire in 2020, Norwegian gas system manager Gassco said on Sunday.It was the second postponement in less t...
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Cargo Vessel to Ship US Medical, Defense Supplies Toward Ukraine
The U.S. is spanning a sea bridge over the Atlantic to support Ukraine with crucial equipment in its war against Russia, a senior official said on Friday, as a huge cargo ship at the Belgian port of Antwerp got ready to set sail for Germany.Carol Petso...
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Egypt Expects Suez Canal Annual Revenues to Hit $7 Billion
Egypt expects the Suez Canal's revenues to reach about $7 billion by the end of the current fiscal year, finance minister Mohamed Maait said on Saturday.Tourism revenues are expected to reach between $10 billion and $12 billion by then, despite the Ukr...
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Towboat Crewmember Medevaced Near Pascagoula
An ailing crewmember was medevaced from a towboat Friday afternoon, approximately seven miles south of Pascagoula, Miss., the U.S. Coast Guard said.Coast Guard Sector Mobile watchstanders received a call from the crew of the U.S.-flagged Miss…
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Op-ed: Building on Don Young’s Legacy of Protecting Alaska Oceans
May 22 marks National Maritime Day. Congress established it in 1933 in commemoration of the steam ship Savannah and her maiden voyage, which was the first trans-Atlantic journey ever made by a steam-powered vessel. In the 203 years since the…
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Retlif, Navy League Welcome Congressman Garbarino with a Laboratory Tour and Roundtable Discussion
Retlif Testing Laboratories, a globally recognized, independent EMC/EMI and environmental testing organization, welcomed New York State Congressman Andrew Garbarino to its secure facility for an escorted tour of their EMC (Electromagnetic Compatibility...
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Port of Virginia Secures Funding for Channel Deepening
The Port of Virginia and the US Army Corps of Engineers today signed the agreement committing the federal government to begin its financial investment in the construction effort to widen and deepen the commercial shipping channels and Norfolk…
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Baltic Dry Index Gains for Sixth Week
The Baltic Exchange's main sea freight index rose on Friday to gain for a sixth consecutive week on stronger vessel rates across segments.The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, gained 5...
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Eagle Bulk’s Scrubbers Investment Pays Off
U.S. shipowner Eagle Bulk's 2018 decision to outfit the majority of its dry bulk fleet with scrubbers has proven to be an environmentally sound and profitable decision, with an expected payback on investment by the end of 2022.The company's…
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