In the port of Amsterdam the construction has started of a new facility that will convert non-recyclable plastic into fuel for the transport sector, which will cut down CO₂ emission by 57,000 tonnes per year. It is the first project of Bin2Barrel…
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Navios Maritime Containers Acquires Three Containerships
Navios Maritime Containers, a growth vehicle dedicated to the container sector, announced that it agreed to acquire three containerships for a total purchase price of $117.25 million. Navios Containers agreed to acquire two 8,204 TEU containerships…
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Damen Delivers First New Beam Trawler in 12 Years
Damen has delivered the first new beam trawler to take to the North Sea in twelve years. Over the last ten months, Damen Maaskant Shipyards Stellendam (Maaskant) has outfitted the 41-metre hull from stock. The vessel, designated UK 46, is for Hakvoort ...
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Diana Shipping Signs TC Contract for m/v Houston with SwissMarine
Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with SwissMarine Services S.A., Geneva, for one of its Capesize dry bulk vessels, the m/v Houston. The global shipping company…
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Glencore-QIA Halts Selling Rosneft Stake to China Energy Company
A consortium of Qatar Investment Authority (QIA) and Anglo–Swiss mining company Glencore has scrapped a deal to sell 14.16% stake in Rosneft to CEFC China Energy Company. "Glencore refers to the announcement on 16 October 2017 concerning the…
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Port of Newcastle CEO Geoff Crowe Resigns
Port of Newcastle advises that Geoff Crowe, Chief Executive Officer, has informed the Board of his intention to resign, effective at the end of June. Geoff joined Port of Newcastle in July 2015 with extensive experience in the coal mining and logistics...
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Danish Fleet Surpasses 20 million GT
The total gross tonnage of the Danish ship registry recently surpassed 20 million GT for the first time in history.Denmark, which has been steadily climbing the ranks as a shipping nation, is currently the world's 12th largest register.The fleet…
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Capital Products Acquires M/T Anikitos
Capital Product Partners L.P. has announced that it has completed the previously announced acquisition of the M/T Anikitos, an eco-type MR product tanker (50,082 dwt IMO II/III Chemical Product Tanker built 2016, Samsung Heavy Industries (Ningbo) Co.…
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King Tutankhamen’s military chariot moved to new Egyptian museum
CAIRO (Reuters) - A military chariot that belonged to ancient Egypt's boy-king, Tutankhamen, has been moved to a new museum near the Pyramids that Cairo hopes will help bring tourists back to the country.
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First NASA lander to study Mars’ interior launches from California
VANDENBERG AIR FORCE BASE, Calif. (Reuters) - An Atlas 5 rocket soared into space early on Saturday from Vandenberg Air Force Base in California, carrying NASA's first robotic lander designed for exploring the deep interior of another planet on its voy...
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