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Marine environment : New initiative launched to protect coral reefs in the Dominican Republic
A new initiative is being launched to help protect coral reefs in the Dominican Republic. A partnership between the Reef-World Foundation and the TUI Care Foundation will bring together local communities and businesses to receive training on sustainable environmental practices. Members of the local population and more than 65,000 tourists will learn about coral…
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Marek Grzybowski write to ” Blue Economy ” : Cooled goods on the wave
Marek Grzybowski Chilled and frozen food products transport by sea is growing dynamically. The number of reefer ships will be systematically decreasing. Total transport of fresh produce by sea increased by 5% to 116 million tonnes in 2017, refrigerated container transport by 8% and this trend should continue—according to the…
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Issue : Crew change crisis in India
The crew change crisis among the seafarers, ship owners, and managers in India are getting worse with the escalating costs undertaken to swap crews after they fulfill the tenures in contracts. Crew change agencies are currently charging up to $150,000 in cash in exchange for their services. The cost includes…
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Ports : Rotterdam launching a containers handled without a PIN code
This week, various parties in Rotterdam will be launching a new pilot project, in which containers are handled and released without a PIN code: a widely used verification method in this transport segment. The project revolves around a new application, Secure Container Release, which replaces the PIN code with a…
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Yachting : Damen’s first expedition SeaXplorer superyacht
The 62 metre custom-design yacht is set to embark upon “a life of worldwide travels,” according to the yard. It comes after the yacht left the building hall on October 31 last year, showing off her striking turquoise hull for the first time. The video shows the long-awaited launch of…
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Shipping Lines : Maersk acquired KGH Customs Services (KGH)
A.P. Moller – Maersk announces that it has reached an agreement with Bridgepoint Development Capital to acquire KGH Customs Services (KGH), a Sweden-based specialist in trade and customs management services in Europe. This will further enhance Maersk’s capabilities as an integrated container logistics company, offering end-to-end supply chain solutions to its…
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New regulation by Central Bank of Egypt || IBAN (International Bank Account Number)
Kindly note that based on Central Bank of Egypt instructions swift t code and account number for wire transfers will be replaced by IBAN (International Ban Account Number). IBAN is a bank account number that is recognized by banks and other financial institutions around the world. It’s a standardized way…
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incidents : FPSO suffered a 1.5 meter long gash, no reports of damages to the oil tanker
On July 1st 2004 built Suezmax tanker ‘Olympic Future’ made a contact with BW Offshore managed FPSO Yúum K’ak ‘Náab, moored in the Campeche oil field, about 105 km off the coast of Ciudad del Carmen, offshore Mexico, Gulf of Mexico. According to various sources, FPSO suffered a 1.5 meter long gash, no…
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Marek Grzybowski write to ” Blue Economy” : Port of Gdynia .Innovation Course
Ports are not only quays, warehouses, terminals and ships, containers, coal or grain. Increased turnover and safety require the development of new solutions. The pandemic has made it clear like never before that without innovation, the port cannot grow. A modern port cannot function without the use of satellite technologies.…
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Ports : Adani hopes – Mundra Port, India’s biggest commercial port
Mundra Port, India’s biggest commercial port by volumes and the flagship port of the Adani Group, edged past state-run Jawaharlal Nehru Port Trust (JNPT) to emerge the largest container port in the country in the April-June quarter. Mundra handled 970,940 twenty-foot equivalent units (TEUs) while JNPT loaded 847,844 TEUs. A…
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