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  Nippon Paint Marine’s new Neoguard Toughness has gained considerable market acceptance. The thickness of the highly solid epoxy coating is particularly suited to protecting steel structures from abrasions. The product satisfies the requirement of the U.S. FDA for...
DHL Global Forwarding launched its myDHLi online customer platform. The platform gives users completely transparent real-time shipment management including quoting, booking, emissions and tracking. All shipment information can be followed and shared and its key feature is simplicity,...
Hyundai Heavy Industries secured an order to build two VLCCs. The value of the orders for two 300,000-ton VLCCs. They will be equipped with scrubbers to meet IMO emission regulations. The VLCCs will be built in Ulsan and...
Liners reinserting sailings on the transpacific which had previously been cancelled, reports Splash 247. Increase in demand Transpacific  THE Alliance, which features Hapag-Lloyd, HMM, ONE and Yang Ming, is now reinserting two sailings on the transpacific which had previously been cancelled.  Asia-Mediterranean  THE Alliance...
MOL has placed orders at two Chinese-Japanese joint venture yards for the construction of four bulk carriers. The company has ordered two kamsarmaxes at a joint venture yard run by Yangzijiang and Mitsui E&S Shipbuilding. MOL has also...
Diana Shipping Inc. announces a time charter for one of its Panamax dry bulk vessels. The gross charter rate is US$9,000 per day for a period until minimum July 15, 2021 up to maximum September 30, 2021. The...
MAN Energy Solutions has launched a platform “mýa” to share, integrate and distribute streaming data originating from sensors on equipment such as engines. The mýa platform will form the offering of an independent company, with other companies, including...
Oil and gas (O&G) related stocks surged as oil price rose above US$30 a barrel for the first time in two months, reports The EdgeMarkets. Market rebalance  Oil and gas (O&G) related stocks on Bursa Malaysia surged with strong trading interests,...
OPEC cartel leader Saudi Arabia is cutting subsidies and raising taxes. Resource-rich nations turned to IMF as oil prices hover just north of $30 a barrel. Nigeria last month received approval for a $3.4bn emergency IMF loan. COVID-19...
Huangzeshan oil transfer terminal in Zhejiang province has officially opened. It opened for international trade with the berthing of an oil tanker. It is the first VLCC class oil berth in the north water area of Zhejiang province. ...

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