Monthly Archives: December 2021

Offshore Supply Vessels (OSV) Market 2021-2028, By Types, Applications, and Key Players – Tidewater, Island Offshore Management, Hornbeck, Farstad Shipping, Tidewater – Industrial IT

The current report on “Offshore Supply Vessels (OSV) Market Report 2021 by Main Players, Types, Applications, Countries, Market Size, Forecast to 2028 “ offered by Credible markets, includes a comprehensive study of the geographic landscape, the size of the industry and the company’s sales estimate. In addition, the report also …

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There are long lines for coronavirus tests on New Year’s Eve

MIAMI GARDENS, Florida. – People continue to crowd test sites across South Florida, creating long lines. The increase in cases also led to changes to the mask rules at Miami-Dade public schools and an important statement from the Centers for Disease Control and Prevention on cruises. “I think I’ve been …

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Parents have to wait a long time for car seats and other baby items

No sooner had Eryn Yates survived her first trimester of pregnancy last spring than she started shopping for her dream nursery. But getting the things she wanted turned into a nightmare. The crib she ordered from Crate & Barrel arrived within weeks, but the Pottery Barn Kids rocking chair was …

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What impact will COP26 have on the shipping industry?

C.OP26 – the UN Climate Change Conference – took place in Scotland in October / November 2021. Some observers, including many environmental lobbyists, said that overall it had not been possible to set sustainable climate targets. From our perspective here at ParrisWhittaker, a leading shipping law firm in the Bahamas, …

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Offshore Support Vessels Market Size 2021-2028, by Types, Applications & Key Players – Farstad Shipping Asa, Oceanpact, Finarge, Northrop Grumman Corporation, Deep Sea – Industrial IT

Offshore Support Vessel Operation Market report is a perfect foundation for those who seek for comprehensive study and analysis of the Offshore Support Vessel Operation market. This report presents the diverse study and information to help you understand your niche and focus on the major market channels in the regional …

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Supply chain issues are affecting New Years Eve plans for some people in Green County – FOX23 News

GLENPOOL, Oklahoma – With the New Year only days away, supply chain issues are affecting fireworks stores. If you are planning to start the new year off with a bang, it may cost more as stores suffer from shipping issues. Melissa Torkleson of Big Blast Fireworks in Glenpool says she …

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Start of construction for ship repair plant in Guwahati from May: Sonowal

Union Ports, Shipping and Waterways Minister Sarbananda Sonowal said on Wednesday that construction of the Pandu ship repair facility in Guwahati will begin from May 2022, adding that the government intends to complete the project by 2024. The Department of Ports, Shipping and Waterways said in a statement that Sonowal …

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The hydrogen-powered ferry premieres in San Francisco

The future of sea travel could be here – and it could help save the planet. For more than a century, residents have been traveling across San Francisco Bay on ferries that run primarily on diesel – a fossil fuel that warms the planet. But now the first hydrogen-powered passenger …

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Political focus: Europe’s offshore energy strategy

Europe is surrounded by water: the north, the Mediterranean, the Baltic and Black Seas, and the Atlantic. Offshore renewable energy is also more than just wind farms and includes tidal and wave power, floating solar panels and algae biofuels. But what role can renewable offshore energies play in the future …

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Expect more shipping chaos thanks to the Omicron variant

From seafarers refusing to get back on ships to truckers whose concerns over COVID-related border closings trump the lure of higher wages, the transportation industry is preparing for another roller coaster year of supply chain disruptions. As Omicron infections rise and governments tighten restrictions, logistics companies around the world, from …

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Construction of the Pandu ship repair facility to begin in May: Union Minister Sonowal

GUWAHATI: The Union Minister for Ports, Shipping and Waterways, Sarbananda Sonowal, said on December 27 that technical work on the Pandu ship repair facility should start from May 2022 and be completed by 2024. Sonowal held a meeting with officials from India’s Inland Waterways Authority (IWAI), Cochin Shipyard Limited and …

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“The military is much more entrepreneurial than people think” – How 2 veterans help other former military personnel transition into civilian life

Career transitions are difficult for everyone, but moving from the military to civilian life can be particularly challenging. Soldiers returning from the Vietnam War were too often treated as damaged goods by employers, according to a study by Alair MacLean, a sociology professor at Washington State University in Iraq and …

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The strong women of the tea gardens

It was noon on October 6, 2018. A woman was sitting under a mahogany tree in the Sreemangal Upazila Health Complex in Moulvibazar. Another woman was holding a newborn baby wrapped in a blanket. A couple of men were there too. I approached them out of curiosity, only to hear …

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Turbulence shows shipping sinking

The turmoil in the global supply chain this year has shown how complex it can be to complete the seemingly simple task of getting a product from one place to another. The need to ship surgical masks from China to West Africa can cascade Ford’s ability to install rear-view cameras …

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The last known slave ship, Clotilda, is remarkably well preserved, researchers say

“There is a tremendous duty to ensure that Clotilda is protected, and the Alabama Historical Commission takes its role as legal guardian of Clotilda very seriously,” said Lisa D. Jones, executive director of the commission, in a statement. “The Clotilda is an essential historical artifact and is a strong reminder …

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Biden turns to antitrust authorities to fight inflation

But, Maffei said, the antitrust focus has given the commission tools and confidence to investigate other abuses by shipping lines now and in the future when demand plummets and companies may be tempted to keep their freight rates artificially high. “I think it has increased our credibility with companies and …

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Regulators are ordering Shell’s Prelude LNG for a safety review

File image courtesy of Shell Published 24 Dec 2021 12:15 by The maritime executive After Australia’s National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) ordered Shell to shut down its giant Prelude LNG offshore gas facility until it can demonstrate it has made safety improvements. Earlier this month, a …

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Research into low pressure CO2 transport for carbon capture and storage

The research efforts examine the technologies to economically transport large amounts of CO2 (file photo of the Wartisla concept ship) Published 23 Dec 2021 7:50 PM by The maritime executive A new project is currently underway to investigate the use of low-pressure solutions as a means of increasing capacities and …

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Ooi Lean Hin, Managing Director of MTT Shipping

From 2010 with very modest capital, MTT shipping has quickly grown from a novice to a leading container operator in Malaysia, dominating a large market share in East Malaysia. As Managing Director of MTT Shipping, Ooi Lean Hin is involved in almost every aspect of the maritime and logistic business. …

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The Christmas supply chain crisis has been averted, explain Biden and the FedEx CEO

WASHINGTON, Dec. 22 (Reuters) – President Joe Biden said before meeting with US officials and private companies including FedEx (FDX.N) that US measures to clean up supply chain confusion have averted a pre-Christmas crisis. On Wednesday. Biden set up a task force in June to address the high prices and …

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Worth seeing in 2022

Computer controlled automated cranes move containers at the Long Beach Container Terminal in the port of … [+] Long Beach in Long Beach, CA, (Photo by Jeff Gritchen / MediaNews Group / Orange County Register via Getty Images) MediaNews Group via Getty Images While many people in the shipping and …

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Maersk is on the verge of buying LF Logistics for approximately $ 3 billion

AP Möller-Maersk AMKBY 0.26% A / S is in advanced talks to acquire LF Logistics for approximately $ 3 billion, according to those familiar with the matter. An announcement could be made as early as Wednesday, provided the talks don’t break off, people said. Maersk, the world’s largest container shipping …

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2021: the famous year of shipping

Always given to block the Suez Canal (Blacksky) Posted Dec 21, 2021 2:31 PM by Brian Gicheru Kinyua In his new book Outside the box, Marc Levinson aptly defines our modernity as the “age of things”. We literally populate the four walls that we call our home with furniture, electronics …

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Litgrid: starts preparing a feasibility study for offshore wind integration

The Lithuanian power transmission system operator Litgrid is continuing its cooperation with the Japanese energy company TEPCO Power Grid and is starting to prepare a study to evaluate technical and economic alternatives for offshore wind integration. The study is carried out taking into account the objectives of the National Energy …

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Nearly 50 aboard Royal Caribbean’s Symphony of the Seas cruise ship test positive for Covid-19

Royal Caribbean’s Symphony of the Seas returned to Miami on Saturday after 48 passengers and staff tested positive for Covid-19, according to the cruise company. Symphony was on a seven-day Caribbean route leaving Miami on December 11 and visiting St. Maarten, St. Thomas, Perfect Day and having three days at …

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Ship arrested for high levels of radiation en route to Tanzania

Health authorities have cleared a ship that was held in the port of Mombasa for allegedly high levels of radiation. The Kenya Ports Authority (KPA) announced on Monday that it was sailing under the Danish flag MS Seago Piraeus sailed away on Sunday morning after all 24 crew members and …

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Bp, Maersk Tankers Complete Marine Biofuel Tests

The tests were carried out on product tankers that were time chartered by Maersk Tankers to bp. Photo credit: searaveller / Pixabay. London-based energy company bp, together with Maersk Tankers, has completed trials of marine fuel mixed with biofuels in product tankers. The tests were carried out on product tankers …

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Climate change is creating bottlenecks in the supply chain – and your supermarkets are not prepared for it

Before the days of antiseptic supermarkets, with their fluorescent lights and linoleum floors, food was sold in very different types of markets, most of which were unsuitable for a modern day health inspector. Take medieval Europe: even the stockiest of today’s carnivores would have felt a little queasy to see …

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Have you been waiting for your electric bike for months? It’s stuck here

Delivery times for almost everything have been stretched to new limits thanks to supply chain restrictions caused by the pandemic. While almost every industry is affected in some way, electric bikes and other forms of personal mobility are uniquely affected. The pandemic has affected the e-bike industry in many ways. …

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Cargo ship is being pulled through the ocean by Giant Kite

You mean … a sail? Sailing away It looks like a renewable energy company reinvented the wheel … uh, sails. According to Gizmodo, a huge cargo ship with a large kite will pull itself across the ocean next month. Airseas, a French renewable energy startup, will test run a parafoil …

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Looking for solutions to the global supply chain crisis

PHOENIX – It’s holiday season, but not everyone is happy and cheerful. That’s because this year Christmas shoppers are paying higher prices and seeing a few more empty shelves due to a “global supply chain crisis” – a phrase that has become all too familiar in dinner conversations. And as …

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The state gives two companies the green light to expand offshore wind energy

A completed five-turbine wind farm off Block Island, RI Deepwater Wind Photo. When the Maryland Public Service Commission awarded two offshore wind energy companies leases for the construction of turbines off the coast of Ocean City in 2017, it came as a surprise – even for the energy developers themselves. …

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Season 6, Episode 2, “The Azure Dragon”

The Rocinante crew looks intense as always.image: Amazon Studios We are in two episodes The wide‘S six-part final seasonwhich means things are already getting hot – although there is still time for some excellent character moments, including Bobbie Calling Amos “Pee-wee.” Filip also hits, Clarissa steps in and finally someone …

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Diverse times | Info spectrum: Climate, Covid and raw materials are the “new three Cs” of maritime risk

With a view to 2022 and beyond, Infospectrum emphasizes the “Three Cs” of creditworthiness (character, capacity and capital) in a context and highlights the collective and increasing relevance of the “New Three Cs”, namely climate, Covid and raw materials for the maritime Risk: The uncertainty and volatility associated with these …

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Successful CO2 capture tests with scrubbers on cargo ships

Langh Tech tested carbon capture with the scrubbers installed on a Langh Shipping. Posted on Dec 16, 2021 8:16 PM by The maritime executive Finland’s Langh Tech is the youngest company to report successful early attempts at carbon capture and storage on a ship in normal operation. Viewed as a …

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IKM Subsea confirms the contract with Buzios ROV Services with

December 16, 2021 Skandi Santos / Photo credit: Celso Marino – MarineTraffic.com Oslo-based AKOFS Offshore, a subsea borehole intervention and installation company, signed a three-year contract with the Brazilian company Petrobras for its Skandi Santos last week. Under the contract, Skandi Santos will perform a wide range of subsea services …

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COSCO Shipping joins forces with Midea Group to create a new supply chain ecosystem

COSCO Shipping has partnered with China-based Midea Group to build a new digital supply chain ecosystem. The two parties already have a good long-term relationship, having previously signed a strategic cooperation and transportation agreement to improve supply chain processes in February 2021. Following a separate agreement signed in January 2021, …

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Golar announces the signing of the terms of use for separation

Golar is proud to found Cool Company Ltd. (“CoolCo” or “Company”) and the conclusion of a pre-contractual agreement (the “Terms of Use” or the “Agreement”). CoolCo aims to become a growth vehicle and consolidator of modern LNG carriers, providing investors with direct market exposure to the expected continued strength of …

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Biden Government Focus on Offshore Wind Power: DOI’s Plan and Other Recent Developments | Holland & Knight LLP

US Secretary of the Interior Deb Haaland announced in October that the Biden administration would open up the US coast to large-scale offshore wind farms. At a wind industry conference in Boston, Haaland outlined a plan under which her agency’s Bureau of Ocean Energy Management (BOEM) would potentially sponsor up …

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The battered ship finds a port. 105 of his freight containers probably sunk

The ship, which spilled more than a hundred freight containers off the coast of Washington and then caught fire, made it safely into port. The same cannot be said of much of the Zim Kingston’s cargo. Two months after leaving the South Korean Busan, the Zim Kingston docked in the …

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Governor Larry Hogan – Official website of the Governor of Maryland

Funding, training, educational programs to solve problems in the supply chain ANNAPOLIS, MD–Governor Larry Hogan announced today that the Maryland Department of Commerce, in coordination with the Maryland Manufacturing Extension Partnership (MD MEP), is launching the Maryland Supply Chain Resiliency Program, a new initiative to support resilience building activities for …

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When cargo ships collide offshore Sweden, one person is dead and one is missing

Two cargo ships collided in the Baltic Sea off southern Sweden, killing one person and missing another on Monday. One of the ships capsized and was towed towards a Swedish port, the authorities said. Two people were arrested as suspects. The maritime administration said it received an alert before dawn …

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A quarter of the tankers ordered will use LNG fuel, Gibson says

First LNG-powered VLCC is built for COSCO (Dalian) Posted Dec 13, 2021 5:09 PM by The maritime executive As a further sign of the increasing acceptance of LNG and dual-fuel ships in the shipping industry, tanker operators are increasingly ordering dual-fuel power plants for their newbuildings while preparing the first …

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Former FX official says China should avoid excessive yuan appreciation

SHANGHAI: Avoiding excessive yuan appreciation should be one of China’s priorities in dealing with market expectations and regulations, said a former senior official with the country’s foreign exchange regulator. One challenge to exchange rate fluctuations or flexibility is that the currency could overshoot, deviating from its economic fundamentals, said Guan …

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Shipping, delivery companies facing Christmas delays due to multiple bottlenecks

MYRTLE BEACH, SC (WMBF) – As the holiday season rages on and the demand for shipping services increases, the industry is expected to see the fighting only get worse. Several local delivery companies as well as UPS and the U.S. Postal Service are still feeling the effects of COVID-19. Freight …

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Emergency announced in Suez Canal as container ship “Ever Given” returns

Egyptian authorities declared a state of emergency on Sunday since Always given, the container ship that blocked the Suez Canal for six days in March, returned to the waterway with a full load and sailed from China to Rotterdam. The 400-meter-long Panama-registered ship arrived shortly after midnight on Saturday in …

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World Logistics Passport expands to China for the first time

The World Logistics Passport (WLP) enters China for the first time by signing a letter of intent with the state-owned Fujian Port Group, which is joining the freight loyalty program as a partner. The WLP has also agreed to join the Chinese Silk Road Maritime Alliance. The WLP will give …

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The safe haven of LA envelops the neighborhoods in smog

Backups in the ports of Los Angeles and Long Beach mean that ships are idle offshore for days, and the exhaust fumes make nearby neighborhoods uninhabitable. Photo: Jeff Gritchen / MediaNews Group / Orange County Register via Getty Images The plan was to meet Theral Golden in a park on …

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Emirates News Agency – UAE wins IMO Council Category B membership for the third year in a row

DUBAI, December 10, 2021 (WAM) – The United Arab Emirates were elected to the Council of the International Maritime Organization (IMO) in Category B for the third time in the run-up to the elections after extensive efforts and an intensive election campaign. Through its pioneering initiatives, the country continues to …

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Norway’s first hydrogen ships are awaiting delivery of fuel for launch by 2024

Rendering of the Topeka design for a Ro-Ro for operation with hydrogen on the west coast of Norway (Wilhelmsen) Published 12/9/2021 5:12 PM by The maritime executive The Norwegian government has allocated US $ 25 million for a project to build two zero-emission hydrogen-powered ships for operation in the offshore …

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Updates to delivery times for holidays

Are you afraid that your gifts won’t arrive on time when you order them online? Consumer Reports compiles a list of information and dates from the major delivery services to help you. With December already in full swing, delivery services are still feeling the effects of the COVID-19 pandemic. This …

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The Port of Houston cannot be better without better environmental goals

Spending a day in the port of Houston is a modern marvel of logistics. Dozens of container ships stocked with food, furniture, clothing and cars from all over the world sail along the Houston Ship Channel and dock at one of the port’s two container terminals. A team of dock …

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Shipping leads the way | Seatrade Maritime

We changed the discussion from “Can We Resist Corrupt Demands” to “Here Are Effective and Proven Ways To Promote Change”. For an industry that is often divided, we have shown what can be achieved together – on one of the most challenging topics in society. MACN’s operating model and success …

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Baker Hughes Turbomachinery powers Pluto LNG Train 2 | Rigzone

Baker Hughes, a large oilfield services company, has received an order from Bechtel to supply gas turbines and centrifugal compressors for the expansion of Woodside’s Pluto LNG processing plant in Western Australia. Pluto Train 2, using Baker Hughes’ technology, will be one of the most efficient LNG trains in Australia …

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DVIDS – News – Thanksgiving at Sea

PACIFIC OCEAN – The aircraft carrier USS Abraham Lincoln (CVN 72) celebrated Thanksgiving this year with a festival and combined service at sea. Without the commitment and coordination of the crew, the holiday mood would not have been possible. The feast, organized by the Utilities Department, included Thanksgiving staples like …

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Wallenius Wilhelmsen’s new Roro ship Nabucco called In

Wallenius Wilhelmsen recently celebrated the christening of the RoRo ship MV Nabucco in the port of Gothenburg. The ceremony was broadcast live from Gothenburg, which only a select group attended due to the recent increase in Covid cases. MV Nabucco is the last in a series of four HERO-class sister …

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China introduces new state logistics giant

The State Asset Supervision and Administrative Commission (SASAC) and China Chengtong Holdings Group each hold 38.9% of the shares in the new company, the three strategic investors, China Eastern Airlines, Cosco Shipping and China Merchants Group, Hold 10%, 7.3% and 4.9% of the shares, respectively. The newly established group, merges …

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Nippon Foundation and DeepStar launch joint

The Nippon Foundation has signed a Memorandum of Understanding (MoU) with the offshore technology development consortium DeepStar to establish a joint research and development program focused on the decarbonization of offshore oil and gas, with a focus on renewable energies and the environment. The initial program budget is up to …

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Liquid hydrogen tanker built by KHI included in ClassNK register

KHI is a participant in the research association for COâ‚‚-free hydrogen energy supply chain technology. Photo credit: Cameron Venti / Unsplash. The world’s first liquid hydrogen tanker developed by Kawasaki Heavy Industries (KHI), Suiso Frontier, was included in the register of the Japanese ship classification society ClassNK. KHI is a …

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Australian LNG exporters are cashing in shiploads of gas worth up to $ 180 million each

“Domestic spot prices remain well below international spot prices, which are around $ 40 / GJ, but high international spot prices certainly encourage strong exports from Gladstone, including high-priced spot loads,” said the Adelaide-based company. Australia’s LNG exports hit a quarterly record of 21.1 million tonnes during the July-September period, …

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It’s time for Pittman to get paid

Feel-good moments in football cost money, and people feel really good about razorback football in particular. It is well documented that when he was hired, Sam Pittman was so overwhelmed by the idea that Arkansas track and field director Hunter Yurachek was ready to make him the new head coach …

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It could take weeks to unload damaged containers from the cargo ship Zim Kingston

A contingent of auxiliary vessels will follow the cargo ship through traditional shipping routes, including two tugs and ships for marine mammals and environmentalists. Removing 60 fire and harsh weather-damaged containers aboard the cargo ship Zim Kingston could take up to 12 days and involve multiple salvage companies as well …

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Supply chain chaos: Holiday Edition :: exploreClarion.com

CLARION, Pennsylvania (EYT) – Michael Patton of Patton Financial Advising submitted the following article: Supply Chain Chaos: Holiday Edition. The supply chain is the network through which products flow from suppliers ‘factories to retailers’ inventories so that they can ultimately be bought by consumers. Corporate supply chains have been under …

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Arrested Chinese cargo ship will leave Happy-Valley Goose Bay after settlement

The federal court issued an arrest warrant for the Qian Kun on Thursday ordering him to stay in Happy Valley-Goose Bay. An agreement was reached on Friday between the shipowners and the contractor of St. John’s Miller Shipping. (Regan exposure / CBC) A Chinese cargo ship, docked in Happy Valley-Goose …

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Supply chains interrupted: How Singapore and the world deal with disruptions, Economy News & Top Stories

Retailers in S’pore vie to replenish festive stocks With just three weeks to go before Christmas, retailers are running to replenish their stocks of festive items while battling the supply chain crisis. While many are still sweating about whether their goods will arrive in time to reach the Christmas shoppers, …

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New Japanese owner and Nordex turbines for 300 MW wind farm in Texas

Nordex has received an order to supply 67 N155 / 4.X turbines in 4.5 MW operating mode for the 300MW El Sauz El Sauz (300 MW) countryWillacy County, Texas, USA, North America Click here for full details Wind farm in Willacy County, Texas, which was acquired this week by Jera …

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Mountain Sweet Honey Announces Monthly Flash Sales

Toccoa, Georgia, USA, December 02, 2021 (GLOBE NEWSWIRE) – Mountain Sweet Honey announced that the company’s new monthly flash sales can save buyers big bucks. The flash sale will only run for a limited time and subscribers to the company’s newsletter will be notified by email. However, buyers can also …

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‘Blue Highway’: Govt Moots $ 25-40m Coastal Shipping Network

transport A new report commissioned by Waka Kotahi calls for massive investments in a coastal shipping network to future-proof New Zealand’s supply chain and reduce emissions The amount of inland cargo carried by sea rather than road or rail could double in the future when a new coastal shipping network …

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Global Ship Lease (NYSE: GSL) returns are not growing

Finding a company with significant growth potential is not easy, but it is possible if we look at some key financial metrics. A common approach is to find a company that returns on capital employed (ROCE), which is combined with a growing be of the capital employed. When you see …

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Renewable energies are seeing record growth in 2021, but supply chain problems loom

2021 is well on its way to breaking a global record for renewable energy growth, according to the latest renewable energy market report from the International Energy Agency. And this despite skyrocketing raw material prices, which could make the transition to clean energy more difficult in the future. With 290 …

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Bay Area toy stores, manufacturers scramble for Christmas inventory amid supply chain crisis

Somewhere in the Pacific Ocean, 10,000 pancake monsters are stuck on a cargo ship. Squeaky the Mouse, the star of Where’s Squeaky ?, can’t get enough electronic components – they were bought by giant computer and telecommunications companies. The two products from Walnut Creeks Blue Orange Games are among the …

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