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Five Abducted from Ship off Nigeria

Five persons have been abducted from a merchant vessel in the vicinity of Parrot Island, Calabar, Nigeria, the UK-based security brokerage Asket said.  The incident occurred in the evening hours of September 18. As informed, four speed boats&nbs...
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Second 11,000 TEU SAVER Ship Joins Seaspan’s Fleet

Hong Kong-based ship owner and manager Seaspan Corporation has taken delivery of an 11,000 TEU containership, the MSC Shreya B. The vessel, which was constructed at Hanjin Subic shipyard in the Phillippines, will commence a bareboat charter...
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Fuel Tankers Diverted after Gunmen Attack on Al-Zawiya Depot, Libya

Libya’s National Oil Corporation (NOC) has diverted fuel tanker vessels from Al-Zawiya to Tripoli after an armed attack by gunmen on its Al-Zawiya oil storage depot on Monday, September 18. NOC said that due to the attack by an “armed mil...
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Tanker Grounds after Colliding with Bulker off Antwerp

The 40,600 dwt tanker Seatrout has run aground off Antwerp after it collided with the bulk carrier Usolie. The incident occurred in the early morning hours on September 20 while both vessels were sailing in the same direction on the Scheldt rive...
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LNG Shipping Sector: The Worst Is Over

After very challenging times in the liquefied natural gas (LNG) shipping sector driven by vessel deliveries ahead of projects coming on stream, the worst seems to be over. There is a general consensus that the market will be 30 to 40 vessels short by...
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Qatargas Inks 3-Year LNG Supply Deal with BOTAŞ

Doha-based liquefied natural gas (LNG) company Qatargas has signed a medium-term sales and purchase agreement with Turkish BOTAŞ Petroleum Pipeline Corporation (BOTAŞ). Under the terms of the agreement, Qatargas will deliver 1.5 millio...
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Klaipėdos’ LNG Reloading Station Gets Commissioning Cargo

Oil and LNG terminals operator Klaipėdos Nafta (KN) has started commissioning works at its LNG reloading station after the bunker vessel Cardissa delivered a commissioning cargo. The ship, owned by Shell Western LNG, arrived to Klaipėda Sea...
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Damen to Open Service Hub in Novorossiysk

Damen Shipyards Group plans to establish a service hub in the Russian port of Novorossiysk as it has signed a letter of intent (LOI) with Delo Group of companies. The LOI was inked during the NEVA 2017 trade fair in Saint Petersburg, Russia. Under th...
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K Line to Invest USD 718 Mn by 2019

Japanese shipping company Kawasaki Kisen Kaisha (K Line) revealed plans to make investments totaling JPY 80 billion (around 718 million) over the next three years, excluding the containership business.  As explained, the investments are par...
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