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Shell inks charter deals for six LNG newbuilds

glory 04-08-2020 14:28 Area News
The Hague-based LNG giant Shell has expanded its fleet with charter deals for six newbuild liquefied natural gas (LNG) carriers. Shell signed separate agreements for two tankers each with Knutsen LNG, Korea Line...
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Scorpio Bulkers breaks into new market with plans to build $290 million wind turbine installation vessel

glory 04-08-2020 13:21 Area News
Monaco-based bulker owner and operator Scorpio Bulkers Inc. has signed a Letter of Intent with South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering Inc (DSME) to construct a wind turbine installation vessel...
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Jiangnan Shipbuilding wins order for VLGC trio from AW Shipping

glory 03-08-2020 20:46 Area News
Chinese shipbuilder Jiangnan Shipbuilding has signed a contract with AW Shipping Limited, a joint venture company between the Abu Dhabi National Oil Company (ADNOC) and Wanhua Chemical for the construction of three 86,000...
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KPI Bridge Oil and OceanConnect Marine wrap up merger

glory 03-08-2020 19:52 Area News
Marine fuel broking firm KPI Bridge Oil and oil trading company OceanConnect Marine have formally completed a merger to create a new brand and entity, KPI OceanConnect. The merger, first announced in February 2020, has...
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A disgruntled armed guard takes control of Eagle Bulk’s ship

glory 03-08-2020 19:28 Area News
An armed security guard, who boarded a bulk carrier owned and operated by Eagle Bulk earlier this month, took control of the ship and deviated it from its course citing a payment dispute with his employer. The armed...
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EU backs Spanish LNG bunkering projects

glory 03-08-2020 18:59 Area News
Two Spanish LNG bunkering projects have received financial backing to the tune of €27 million ($31.7 million) from the European Commission. The funds have been secured through the Connecting Europe Facility (CEF)...
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Evergreen Marine Corporation joins ship recycling transparency initiative

glory 03-08-2020 17:35 Area News
Evergreen Marine Corporation (Taiwan) Ltd. has become the eleventh shipowner to publicly disclose its approach to ship recycling through the Ship Recycling Transparency Initiative (SRTI) online platform. The Ship...
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Report: Crane collapses at Indian shipbuilding yard, 11 dead

glory 03-08-2020 17:14 Area News
At least 11 workers were crushed to death after a huge crane collapsed at an Indian shipyard in Vishakhapatnam, in southern India, the Indian Express reported. The incident took place at the government-owned Hindustan...
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Norway backs Phase III of IMO-backed project on green ship recycling in Bangladesh

glory 03-08-2020 15:18 Area News
Norway has committed approximately $1.5 million (NOK 14 million) to support improved ship recycling in Bangladesh as part of an IMO-implemented project. The financing paves way for the third phase of the project on Safe...
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UAE opens up for crew changes

glory 03-08-2020 14:28 Area News
The United Arab Emirates (UAE) has resumed crew change activities in all its ports and waters, the Federal Transport Authority said. The measure is being announced as UAE manages to contain the coronavirus pandemic, the...
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