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Iran Aims at Increasing Exports to China

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February 22, 2016 As Iran returns to the global oil market, adding supply to an oversaturated market, the country will try to increase its exports to China, according to Moody’s rating agency. Read More

Maersk, Qatargas and Shell Team Up on LNG as Marine Fuel

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February 22, 2016 Qatargas, the Maersk Group and Shell signed a Memorandum of Understanding (MOU) to explore the development of LNG as a marine fuel in the Middle East region. Read More

February Brings Flickers of Improvement for Boxships

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February 22, 2016 There have been some ‘flickers of improvement’ in February in the container shipping industry after an opening to the year which saw 1.3m teu of capacity idle, freight rates struggling and the charter market on its knees, Maritime Strategies International reports. Read More

Nakilat Poised to Seize New Business Opportunities

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February 22, 2016 Nakilat, the shipping arm of Qatar’s liquefied natural gas (LNG) sector, plans to pursue aggressive developments and growth strategies in the long term through acquisition of new business opportunities in the marine sector. Read More

Otto Marine Starts Building Tankers

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February 22, 2016 In light of a slow oil and gas market, the Singapore-based shipbuilding company Otto Marine has decided to expand its portfolio and turn to other shipbuilding segments. Read More

Nok Air To Cancel More Flights

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February 21, 2016 Thai budget carrier Nok Air will cancel 20 domestic flights on February 23 even as it faces an investigation into earlier cancellations and the threat of having its license suspended. Read More

Airline News Southwest Ground Staff Approve Wage Contract

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February 19, 2016 Southwest Airlines ground staff narrowly approved a tentative agreement, which includes pay increases of more than 20 percent over the five-year life of the contract. Read More

United Receives US DOJ Request About Mail

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February 19, 2016 The US Justice Department has asked United Airlines for documents and oral testimony related to its contract to carry mail for the US Postal Service, the airline said in its annual regulatory filing. Read More

Big Ben Returns to the US

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February 19, 2016 After its maiden calls at the US ports of Los Angeles and Oakland in late December 2015, the 18,000-TEU vessel CMA CGM Benjamin Franklin returned to Southern California on February 18 as it docked at the port of Long Beach. Read More

Tanker Captain Pleads Guilty to Pollution Cover Up

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February 19, 2016 A Filipino citizen and the captain of the Liberia-flagged tanker T/V Green Sky, Genaro Anciano, 52, pleaded guilty Thursday to one felony count in federal court in Charleston, South Carolina, for obstructing a U.S. Coast Guard investigation into pollution crimes aboard the vessel. Read More