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Heerema Fabrication Group Sells UK and Netherlands Yards

Dutch offshore construction and engineering company HFG intends to divest a significant part of its activities in the field of design and fabrication of complex steel constructions for the offshore market

Pacific Basin seals $40m loan facility with Danish Ship Finance

Dry bulk shipowner Pacific Basin has closed a $40m seven-year term loan facility with Danish Ship Finance.

ICE, CME basis-Houston WTI contracts see steady trading in opening weeks

CME Group and Intercontinental Exchange are several weeks into the debuts of their basis-Houston West Texas Intermediate futures contracts,

Valenciaport exceeds 5 million containers

Valenciaport has managed in the last twelve months 5,044,270 TEUs -a unit equivalent to boxes of 6.1 meters-, a figure that is 4.78% higher than the obtained in the same period of 2017.

New bill exempts US fishing vessels from ballast water rules

The US Senate has passed the Coast Guard Reauthorization bill 94-6, that provides several regulatory updates for the US fishing sector.

Two New Berths Planned for COSCO-PSA Terminal, Singapore

COSCO Shipping Ports and PSA Corporation Limited have signed a memorandum of understanding for the addition of two new berths at the COSCO-PSA Terminal in Singapore.

USCG: the 5 most common deficiencies found on gas carriers

Dallas Smith, Detachment Chief of the USCG's Liquefied Gas Carrier National Center of Expertise, addresses the top five deficiencies that have taken place on board  gas carriers.

Port of Marseille considers ways to reduce its emissions

At the end of 2017, the Port of Marseille Fos established a working group, gathering players from the LNG sector to find ways to develop LNG as a marine fuel.

Agreement reached to increase minimum wage for seafarers

The International Transport Workers Federation and the International Chamber of Shipping, convened in Geneva at the Joint Maritime Commission Subcommittee on Seafarers Wages.

Rail project at Port of Long Beach wins $14 mln grant

The Port of Long Beach has been awarded a $14 million grant to help pay for construction of a planned rail project that will increase efficiency while also reducing traffic congestion on local streets and freeways

Busan Port Authority signs Letter of Intent for the Maasvlakte Distribution Park West

The Busan Port Authority and the Port of Rotterdam Authority signed a Letter of Intent for the allocation of a 5 to 10 hectare site on the Maasvlakte Distribution Park West

Ports and maritime systems to get smart: official

The Ports and Maritime Organization of Iran will establish a center for making smart its systems until the yearend (March 20, 2019), the head of the organization’s information and communication technology office told IRNA.

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