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Alewijnse introduces AIViVi: a unique virtualization and visualization platform for the maritime industry

Alewijnse has introduced a unique virtualization and visualization platform for use on trailing suction hopper dredgers. The solution can also be applied to other vessels and brings numerous advantages. The AIViVi system has already been successfully installed on several DEME’s trailing suction hopper dredgers. The innovative platform acts as a central hub, centralizing and integrating all the dredging process systems, and distributing the visualization of the data to all networked screens on board. Alewijnse has achieved this first and is the only company currently able to offer a fully digitalised ...

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Intellian Introduces The All New 1 Metre Global Xpress Terminal, Gx100nx

Intellian, the global leader of mobile satellite communication antenna systems, is unveiling an all new 1m Global Xpress terminal, GX100NX at the Intellian Asia-Pacific Partner Event being held tomorrow in Seoul, Korea. The Intellian GX100NX offers high-speed data and global operation, and exceptionally efficient RF design for unrivalled link performance on the Fleet Xpress service. It is also future-proof, with support for 2.5GHz Wideband Ka networks and optimized reflector and radome. GX100NX users can also unlock even higher levels of bandwidth with a 10W BUC option, which is easy to ...

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Dropsafe Partners With Pacific Automation To Tackle Australian Dropped Object Risks

Dropsafe, the leading global provider of Dropped Object prevention technology, has announced a new exclusive distributor partnership with Pacific Automation, the Australia-based distributor of industrial equipment to the Marine industry. The partnership will bolster Dropsafe’s regional presence as the market seeks to tackle the prominent safety, reputational and financial risks posed by Dropped Object incidents in Australian Marine operations. Pacific Automation partners with premium manufacturers of industrial automation, electrical, lighting, hazardous area and mining products. The adoption of Dropsafe’s Net, Pouch and Barrier products into the Pacific Automation equipment range ...

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Booming Arctic shipping, but this brand new icebreaking tanker chooses a southern route

The «Nikolay Yevgenov» on 21st April set out from the DSME shipyard in South Korea. Few days later, the ice-class Arc7 sailed through the Suez Canal and into the Mediterranean. The tanker is owned by a consortium of companies Teekay and China LNG Shipments and built for shuttle traffic to and from Russian Arctic LNG terminal of Sabetta. It is the 11th tanker of the kind delivered by the Korean shipyard to the stakeholders in the Yamal LNG project. Like its sister ships, the «Nikolay Yevgenov» is capable of breaking ...

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Hutchison Ports Achieves 1.3 Billion TEU Throughput Milestone As It Celebrates 50th Anniversary

Hutchison Ports, the world’s leading port investor, developer and operator, announced at its 50th anniversary cocktail reception that it has achieved a cumulative global throughput of 1.3 billion TEU – the world’s first operator to have achieved such milestone. If those containers were to be lined up end-to-end, they would go around the earth almost two hundred times. Attending the event was guest-of-honour Mr. Frank Chan, Secretary for Transport and Housing Bureau of the HKSAR Government, who officiated at the ceremony together with the management team of Hutchison Ports. He ...

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Turkey’s 1st intermodal cargo terminal to open in 2020

Turkish logistics company Arkas Holding’s intermodal inland cargo terminal project Railport will be launched in 2020, the president of the holding’s port and terminal services group said. The project, which has been developed over 10 years, is a version of a port located on land – dry port and it will serve both trucks and trains, Özgür Kalelioğlu told Anadolu Agency (AA). A $60 million financing agreement was signed by Arkas Holding, the European Bank for Reconstruction and Development (EBRD) and the Industrial and Commercial Bank of China (ICBC) Turkey ...

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EU to overtake US as the world’s second-largest wheat exporter in 2019-20: USDA

The European Union could overtake the US as the world’s second-largest wheat exporter in 2019-20, though it is likely to remain far from the top exporter position which it lost three years ago after difficult weather conditions hammered wheat output in its agriculture powerhouse, France, according to the US Department of Agriculture’s latest forecasts. The EU is forecast to export 27 million mt of wheat in the 2019-20 season (July-June), up 12.5% from 2018-19 and up 15.9% from 2017-18, USDA said in its monthly World Agricultural Supply and Demand Estimates ...

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Bangladesh tenders for up to 1.345 mln T oil products for H2 2019

Bangladesh Petroleum Corp (BPC) has issued an international tender to import as much as 1.345 million tonnes of refined oil products for the second half of 2019, officials said. The state-owned company is seeking 940,000 tonnes to 1.12 million tonnes of gasoil with a sulphur content of 500 parts-per-million (ppm), 110,000 tonnes of jet fuel, 60,000 tonnes to 100,000 tonnes of 180-centistoke high sulphur fuel oil and 15,000 tonnes of 95-octane gasoline. The tender closes on May 16 and is valid up to Sept. 2. Delivery will be carried out ...

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US oil, LNG export buildout takes shape on Gulf Coast

The US energy sector is piecing together an infrastructure puzzle to connect booming onshore oil and natural gas production with export markets around the world. The pipeline buildout from the Permian and Williston basins is well underway, and the next missing piece is at the water’s edge, mostly in Texas and Louisiana. By early 2020, US Gulf Coast crude export capacity could approach 8.5 million b/d, and US LNG export capacity stands to climb above 7 Bcf/d, according to an S&P Global analysis. A raft of other proposed LNG terminals ...

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Liquefied natural gas imports limited price spikes in New England this winter

During winter 2018–2019, imports of liquefied natural gas (LNG) at terminals serving New England played an important role in moderating natural gas prices in the region. LNG imports are regasified at these terminals and then sent to natural gas distribution networks. These sendout volumes increased during times of high spot natural gas prices at the Algonquin Citygate, a widely referenced trading hub and benchmark for natural gas prices in New England, effectively limiting further increases in spot prices. Spot natural gas prices in New England are more volatile during winter ...

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US steel mill capability usage ticks up to 82.8%

The US raw steel weekly capability utilization level last week rose to 82.8% from 82.3% the previous week. Production increased to 1.927 million st last week, up 0.6% from the 1.915 million st produced during the previous week, according to data released Monday by the American Iron and Steel Institute. Last week’s production was up 6.6% compared with the same week a year ago, when capability utilization was at 77.1% and production totaled 1.808 million st. Adjusted year-to-date production was calculated by the AISI to be 35.6 million st at ...

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Corn jumps as USDA says planting pace lagging

U.S. corn futures rose as much as 2% on Tuesday as recent adverse weather delayed planting progress across North America, stoking fears that farmers will be forced to switch to alternative crops. Soybeans rose 1.5% despite the escalation of U.S.-China trade war, while wheat rallied 1 percent. The most active corn futures on the Chicago Board of Trade rose 1.8 percent to $3.63 a bushel by 0044 GMT, near the session high of $3.64 a bushel - the highest since May 8. Corn closed up 1.4 percent in the previous ...

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China: Don’t bend the rules for steel industry

With China’s economy still in the recovery stage, it is to be expected that local officials will be tempted to prioritise growth over the demands of environmental protection. That would be regrettable at a watershed moment in the war on air pollution, with the battleground shifting from the energy sector to the steel industry. It is time to build on progress in curbing emissions from coal-fired power plants, not to rest on it. Tighter standards since 2012 for new power plants and since 2014 for existing ones meant that by ...

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Column: USDA data backs up funds’ mega-bearish CBOT corn, soy bets

“Speculators increase bearish bets” is quickly becoming one of the most reusable headlines in Chicago-traded grains and oilseeds this year, and the title was applicable yet again last week as money managers’ combined net short position hit another record. Acres of soybeans seen at the Pioneer-DuPont Seed facility in Addieville, Illinois U.S., September 19, 2018. REUTERS/Lawrence Bryant Market participants have become increasingly discouraged over the U.S.-China trade negotiations, though the prospects of a deal supported Chicago futures in recent months. However, investors appear to have been on the right track ...

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Global oil prices jump on drone attack on Saudi Aramco facilities

Oil prices rose on Tuesday after the world’s top oil exporter Saudi Arabia said explosive-laden drones had attacked two pumping stations belonging to state oil company Aramco. Brent crude futures were at $70.79 a barrel at 1035 GMT, up 56 cents or 0.80%. U.S. West Texas Intermediate (WTI) crude futures were at $61.35 per barrel, up 31 cents or 0.51%. The Saudi state news agency quoted Energy Minister Khalid al-Falih as saying that Aramco had halted pumping on the East-West pipeline until the damage was evaluated, but that production and ...

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