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BW LNG names two new modern LNG carriers
BW LNG held the naming ceremony for two LNG newbuildings at Okpo Shipyard, DSME on August 10th. The two Singapore-flagged vessels feature a state-of-the-art design that enables even greater focus on safe operations and flexibility, as well as the industry’s lowest fuel consumption and emissions profile. Both ships have a…
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Russia, Iran and Azerbaijan sign MoU to simplify transit transportation
The document will let expand the opportunities of the North-South international transport corridor Hheads of customs authorities representing Russia, Iran and Azerbaijan have signed a memorandum of understanding to simplify transit transportation, according to the Telegram channel of Russia’s Trade Representation in Iran. “This document is to contribute to facilitation…
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Port of Oakland takes major step on clean energy project
$2 million renewable energy infrastructure design approved for Oakland Seaport The Port of Oakland announced the approval of a $2 million contract for the design of a new, clean energy project at the Oakland Seaport. The project includes electrical infrastructure including solar generation, battery storage systems, a fuel cell, and…
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Egypt : Valeo’s acquisition of Paynas
Dr. Rania Al-Mashat,Egyptian Minister of International Cooperation, witnessed the acquisition of a 100% stake by Value Buy Now Pay Later (BNPL) from PayNas, which specializes in employee management services, which provides a range of financial services for small, medium and micro companies. (MSME), and PayNas is among the list of…
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Croatian bulk carrier damaged in collision, Port Arthur, USA
Bulk carrier AP REVELIN collided with unidentified cargo ship in Port Arthur waters, USA, Gulf of Mexico, understood on Aug 21, while leaving the port, bound for Immingham. Croatian news outlet SeeNews said bulk carrier suffered serious damages, citing Atlantska Plovidba statement issued on Aug 22. AP REVELIN left port…
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Dutch LPG tanker blackout in Kiel Canal Lock
LPG tanker CORAL IVORY reportedly suffered a blackout on Aug 20 while entering Brunsbuettel Lock, Kiel Canal, and had to drop anchor to avoid collision with dock’s walls and constructions. Tanker didn’t suffer damages and was allowed to resume Canal transit on Aug 21, after tanker was berthed and checked…
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ABS Appoints Industry Veteran Miguel Hernandez to Lead Global Offshore
(HOUSTON) ABS has appointed veteran offshore industry leader Miguel Hernandez to head its offshore division. The former MODEC general manager of sales and marketing is now ABS Senior Vice President of Offshore Business Development, leading global offshore including the FPSO, FPU and floating offshore wind sectors. Miguel brings deep sector…
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PORT OF LOS ANGELES BREAKS ANOTHER CARGO RECORD IN JULY
New Milestones Reached Five of Seven Months; Trucking Challenges Outlined by Harbor Trucking Association CEO The Port of Los Angeles processed an estimated 935,345 Twenty-Foot Equivalent Units (TEUs) in July, outpacing the previous record set in 2019 by 2.5%. The Port has set monthly records in five of seven months…
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