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Husky Energy Pact for Canadian Offshore Project

Aug 10, 2017

NC-Lavalin, Dragados Canada and Pennecon announced that their General Partnership (GP) has been awarded a construction contract from Husky Energy as part of the company's West White Rose Project in Newfoundland and Labrador. The GP will build…

India to Push Shipping Sector

Aug 10, 2017

Under the Government of India’s Sagarmala Program to promote port-led development, a master plan has been formulated for the 12 Major Ports.  142 port capacity expansion projects with an estimated cost of  INR 91,434 Crore (USD 14.3 billion)…

FMC Commissioner Doyle Weighs in on THE Alliance Proposed Amendment

Aug 10, 2017

Federal Maritime Commissioner William P. Doyle issued a statement addressing THE Alliance’s filing of an amendment to add further detail to protections in the event of an insolvency. I am pleased that The Alliance is seeking Federal Maritime Commission authority to form…

Scholarships Awarded to Coast Guard Families

Aug 10, 2017

The Coast Guard Foundation, a nonprofit organization committed to the education and welfare of all U.S. Coast Guard members and their families, announced that in 2017 it has awarded a record 166 new scholarships. Combined with 10 multi-year scholarship recipients and three Fallen Heroes Scholars…

July Box Volumes up 16% at Port of LA

Aug 10, 2017

July container volumes at the Unites States’ busiest port climbed by 16 percent compared to July 2016 volumes: 796,804 twenty-foot equivalent units (TEUs) came through the Port of Los Angeles, the busiest July in the port’s 110-year history…

GPA Tops 2.85 Mln Tons in July

Aug 10, 2017

The Georgia Ports Authority (GPA) said it moved 2.33 million twenty-foot equivalent container units for the calendar year through July, up 10.8 percent, or an additional 230,000 TEUs. 'It is through the incredible efficiency and productivity…

ENI, Anadarko to Build LNG Terminals in Mozambique

Aug 10, 2017

Italy's ENI and U.S. oil and gas firm Anadarko signed agreements with the Mozambique government on Thursday to build two liquefied natural gas terminals in the southern African country. The terminals will be built in Cabo Delgado province…

Baltic Index Surges on Strong Demand for Larger Vessels

Aug 10, 2017

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, notched its biggest one-day percentage gain in five months on Thursday, buoyed by soaring demand for larger vessels. The index, which factors in rates for capesize…

Noble Group Reports $1.75 Bln Q2 Loss

Aug 10, 2017

Commodities trader Noble Group reported a second- quarter loss of $1.75 billion on Thursday, weeks after warning it faced its steepest quarterly loss in a year and a half and would slash jobs and sell assets to cut debt. Once Asia's largest commodities trading house…

Argentina Cuts Tariffs on Used Oil Equipment Imports

Aug 10, 2017

Argentina's government published a decree on Thursday eliminating or reducing tariffs on imports of used equipment for oil and natural gas companies, a measure long sought by the industry, but it included requirements to buy some locally produced goods…

GranInvestimentos and Royal IHC Join Forces

Aug 10, 2017

Brazilian company GranInvestimentos and Dutch company Royal IHC are joining forces to deliver integrated life cycle solutions to customers in the oil and gas sector. Through this partnership, both companies are set to increase their operational and service activities…

iContainers Urges Freight Forwarders to Embrace Technology

Aug 10, 2017

Online freight forwarding company iContainers has urged the freight forwarding industry to embrace technology. “As shippers press on with their demand for speed, transparency, and efficiency, the freight forwarding strives hard to find a quick enough and appropriate response…

Peterhead Port Secures Offshore Wind Contract

Aug 10, 2017

Game-changing turbine foundations and one of the world’s largest floating cranes to be marshaled at harbor for Vattenfall’s European Offshore Wind Deployment Center Peterhead Port Authority is set to support the start of offshore construction…

Decas Selected as a Top Port Director

Aug 10, 2017

While inclusion with the International Association of Top Professionals is an honor in itself, only a few members in each discipline are chosen for this distinction. These special honorees are distinguished based on their professional accomplishments…

Tier IV Tug Delivered to McAllister Towing

Aug 10, 2017

McAllister Towing announced the arrival in N.Y. of the tug Capt. Brian A. McAllister, the first EPA Tier IV tug on the U.S. East Coast according to the company. Capt. Brian A. McAllister is powered by 3516E Tier IV Caterpillar engines with twin Schottel SRP4000FP units…

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