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The vessels are capable of transporting 200-passengers and will predominantly run on the busy commuter and tourist route between Parramatta in Sydney’s west and Circular Quay in the city’s central business district.
The FPSO will have a production capacity of approximately 120,000 barrels of oil per day (BOPD).

BIMCO to launch cyber security clause in spring 2019

BIMCO announced it is developing a clause dealing with cyber security risks and incidents that might affect the ability of one of the parties to perform their contractual obligations.

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