German container liner Hapag-Lloyd sees great opportunity in India where containerization levels are still low, chief executive Rolf Habben Jansen told reporters on Thursday. Having accompanied German Chancellor Olaf Scholz on a recent visit…
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China Importing Russian Oil at Record Pace
China's seaborne imports of Russian oil are set to hit a record this month after refiners took advantage of cheap prices as domestic fuel demand rebounded, but Russia's plan to cut exports will likely cap buying in coming months.Hefty Chinese buying…
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Crandall Dry Dock Engineers, Inc Is Up for Sale
The family of Crandall Dry Dock’s late owner P. Brian Duffy is seeking a buyer for the Bourne, Mass. shipyard engineering and services firm.Originally founded in Boston in 1854, Crandall Dry Dock was acquired by Duffy, a former employee, in 1994.
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Bleutec’s ‘Binary Marine Installation Solution’ Earns AIP from ABS
Houston-based Bleutec Industries announced it has received approval in principle (AIP) from the American Bureau of Shipping (ABS) for the designs of its Jones Act compliant offshore wind farm construction solution.Envisioned as an alternative to wind t...
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Marquette Christens Towboats Charles Reid Perry
Paducah, Ky. based Marquette Transportation Company earlier this year held a christening ceremony in New Orleans for its towboat Charles Reid Perry.The vessel, built in 2019 by C&C Marine and Repair in Belle Chasse, La., is named after the grandson of ...
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Laborde Products Names Murzi Marine Sales Manager
Commercial engine distributor Laborde Products announced it has appointed Michael Murzi, Jr. as its new marine sales manager. Murzi brings with him over 10 years of experience in the marine industry and over 30 years of experience in sales,…
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WTO Expects Global Trade Slowdown to Be Short-lived
Global merchandise trade growth slowed at the end of 2022 and was likely to remain weak in the first quarter of this year, the World Trade Organization said on Wednesday.However, the WTO said any slowdown may be short-lived given that container through...
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PXGEO Names Tony Bowman CEO
Offshore seismic survey firm PXGEO announced it has appointed Tony Bowman as chief executive officer, effective April 3, 2023.Bowman joins PXGEO from an executive career at Schlumberger. During his almost 30-year tenure, he held a number of senior role...
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Discovery: Historic Shipwreck Found in Lake Huron
Researchers from NOAA, the state of Michigan, and Ocean Exploration Trust discovered an intact shipwreck resting hundreds of feet below the surface of Lake Huron. Located within NOAA's Thunder Bay National Marine Sanctuary, the shipwreck has been ident...
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Lukoil Sets up Ship-to-ship Russian Oil Loadings Near Kaliningrad
Russia's second-largest oil producer Lukoil has set up ship-to-ship (STS) loadings of Urals oil near the western port of Kaliningrad, Refinitiv Eikon data showed and trading sources told Reuters on Wednesday.The data shows 100,000 tonnes of…
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