03 JUN 2019 Medium-sour crudes from the U.S. Gulf of Mexico are being snapped up by overseas buyers, paving way for a record six supertankers to load at the Louisiana Offshore Oil Port (LOOP) in a matter of weeks, according to people familiar with the matter. The six scheduled loadings …
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26 MAY 2019 Globalization has brought the most advanced trading networks the world has seen, with the biggest, fastest vessels, robot-operated ports and vast computer databases tracking cargoes. But it all still relies on millions and millions of paper documents. That last throwback to 19th century trade is about to …
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M/T Ridgebury Alexandra Z. 31 MAY 2019 A jury in the Western District of Louisiana has acquitted the Russian Master of an oil tanker on all charges related to illegal discharges from the vessel. After spending more than 19 months detained in Lake Charles, Louisiana, Captain Vjaceslavs Birzakovs, Master of …
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28 MAY 2019 Mediterranean Shipping Co (MSC) and CMA CGM, two of the world’s biggest container shipping groups, are to join market leader Maersk in a blockchain platform aimed at limiting a costly paper trail in the industry. With MSC and French-based CMA CGM, the second- and fourth-largest container shipping …
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UAE Navy boats next to Al Marzoqah Saudi Arabia tanker are seen off the Port of Fujairah, UAE May ,13, 2019. 24 MAY 2019 The United States announced on Friday the deployment of 1,500 troops to the Middle East, describing it as an effort to bolster defenses against Iran as …
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Heerema Marine Contractors’ Sleipnir, the world’s largest semi-submersible crane vessel, sits in the Sembcorp Marine shipyard in Singapore, May 23, 2019. SINGAPORE, May 23 (Reuters) – 23 MAY 2019 Dutch firm Heerema Marine Contractors and Singapore’s Sembcorp Marine, on Thursday, showed off the world’s largest crane vessel that can be …
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