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W.B : Debt-Service Payments Put Biggest Squeeze on Poor Countries Since 2000
The poorest countries eligible to borrow from the World Bank’s International Development Association (IDA) now spend over a tenth of their export revenues to service their long-term public and publicly guaranteed external debt—the highest proportion since 2000, shortly after the Heavily Indebted Poor Countries (HIPC) initiative was established, the World…
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Freeport LNG provides update on restart on its liquefaction facility
Houston, TX, – Freeport LNG today updated the timing of the initial restart of its liquefaction facility. The company continues to make notable progress on its path towards the restart of liquefaction operations. As of December 23rd, the reconstruction work necessary to commence initial operations is substantially complete, and the…
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Robert Allan delivered the RApport 2600 tug Hayden Grace to Bay-Houston
Robert Allan Ltd. is pleased to announce that the RApport 2600 tug Hayden Grace was successfully delivered to Bay-Houston Towing Co. and started her commitments in Galveston, Texas in November. The newly completed RApport series tug was constructed at Master Boat Builders Inc. of Coden, Alabama. Three vessels of this…
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Sanmar’s delivery of the Boğaçay L to South American towage giant SAAM Towage
When a new design is created, it’s not easy to predict how successful it might be. But with the commissioning of the 50th tug in a series, Sanmar’s delivery of the Boğaçay L to South American towage giant SAAM Towage is further proof of the design’s real-world success. Now named…
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IMO : Eastern and Southern Africa region discusses Ballast Water Management Convention
Officials from 15 countries in the Eastern and Southern Africa region have taken part in a workshop in the United Republic of Tanzania on compliance, monitoring and enforcement of the Ballast Water Management Convention (BWM Convention). The Convention is designed to protect the marine environment from the transfer of harmful…
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Joint ILO-IMO meeting adopts guidelines on seafarer abandonment
New measures to improve conditions for seafarers, including those who have been abandoned, have been adopted at a meeting involving governments and maritime workers and employers’ organizations. Guidelines on how to deal with seafarer abandonment were adopted by the first meeting of a joint International Labour Organization (ILO)–International Maritime Organization (IMO) Tripartite…
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A.P. Moller – Maersk announces new and innovative cold storage facility in Norway
Oslo, Norway – A.P. Moller – Maersk (Maersk) continues to integrate global end-to-end cold chains with the announcement of a new innovative cold storage facility planned for Flatholmen quay in Aalesund, Norway. The new facility is specifically designed to accommodate the needs of the vast Norwegian seafood industry. It will…
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Shelf Drilling Awarded New Contract In Nigeria
Shelf Drilling, Ltd. (Shelf Drilling, OSE: SHLF) announced on Friday (Dec 23) that it has secured a one-year contract for the Trident VIII jack-up rig for operations offshore Nigeria. The rig will complete a short out-of-service project prior to expected contract commencement in Q2 2023. Shelf Drilling is a leading…
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I-Tech R&D efforts enhance power of Selektope(R) in biocidal antifouling coatings.
I-Tech R&D efforts enhance power of Selektope® in biocidal antifouling coatings while opening up new route into foul release coatings. Over the past five years, I-Tech’s team of R&D scientists have discovered new ways in which the first-of-its-kind biocide, Selektope® can be introduced to marine antifouling coatings in combination with…
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