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[ad_1] “When there is more ice, you need more icebreakers. When there is less ice, you need more icebreakers.” At first, I was puzzled by this statement from a Canadian Coast Guard officer. The first part is obvious enough, the second part was less so....

[ad_1] Royal Boskalis Westminster and its co-shareholder Kotug International have signed a letter of intent for the sale of Kotug Smit Towage to Boluda Group.  Kotug Smit Towage is valued at EUR 300 million ($341 million), Boskalis expects to receive approximately EUR 90 million ($102 million)...

[ad_1] Australia's Labor Party leader Bill Shorten had committed to a government-owned national fuel reserve. Currently in opposition, Shorten is bringing the topic into political debate ahead of a federal election this year. Shorten said a consultation process would be established with industry, oil and gas...

[ad_1] On the bright early evening of February 13, against a backdrop of freshly fallen snow on the local mountains, the two new RAstar 3200 escort tugs SST Grizzly and SST Orca for SAAM SMIT TOWAGE CANADA Inc. (SST Canada) were the toasts of a blessing ceremony in Vancouver Harbour. Designed by...

[ad_1] In a further confirmation of the potential of Cyprus' offshore reserves, ExxonMobil announced Thursday that it has found a large new natural gas field in Cypriot waters.  The resource is the third-biggest find since 2017, and it holds an estimated five to eight trillion cubic...

[ad_1] The Spanish port of Ferrol has hosted LNG bunkering operations for the first time in its history. Two bunkering operations were performed last weekend on the outer jetty where small and medium-sized cruise ships usually dock when they visit the city.  The ships bunkered were...