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| SovComFlot adds SCF Baikal Suezmax to its fleet | |  | | Hyundai Heavy Industries (HHI, South Korea) has built and delivered a Suezmax class tanker yesterday for Sovcomflot Group. The ship has been named SCF Baikal, added to the SovComFlot’s fleet, the Group’s press service said.
The 158.300-DWT tanker is designed to carry crude oil. |
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| Not all at sea | |  | | Stopping terrorists at sea requires similar action on land, with better international coordination and active and passive measures. THE source of the information remains murky,
especially given the specifics of the supposed intelligence: terrorists
were planning an attack on oil tankers in Singapore waters from the
Straits of Malacca. |
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| Who creates inflation, shippers or shipping lines? | |  | | World wide shipping lines have been blamed for price volatilities in commodities. Very soon, shipping companies may effect a 15-30% hike in container freight rates because of rising crude oil prices, according to Times of India.
On the other hand shipping companies allege that it is their customers
or shippers who are causing price volatilities. |
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| Array of ship protection devices crops up | |  | | Somali pirates raked in an estimated US$60 million in 2009 but the Indian Ocean's ransom hunters have also spurred a much larger industry of ship protection devices.
As the 36,000 ships that bottleneck into the Gulf of Aden each year try
to dodge marauding pirates and keep a lid on insurance premiums, an
astonishing array of inventions has cropped up on the flourishing
market. |
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| No More Mister Nice Guy | |  | | The international anti-piracy patrol has admitted that it is now pursuing a policy of hunting down and destroying pirate mother ships. Several recent incidents, that resulted in the destruction of mother ships,
indicated that this was the case. But now this has been confirmed, along
with the warning that even if there is not enough evidence to prosecute
the pirates, the mother ship will be destroyed, and the crew dumped on a
Somali beach. |
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| Japan\'s Mitsui Lines wins chemical transportation contract | |  | | Mitsui O.S.K. Lines Ltd. has signed long-term contracts with Methanol Holdings (Trinidad) Ltd. to operate three ships dedicated to the transport of urea ammonium nitrate solution. |
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| MISC unit inks deal with 2 Indian firms | |  | | MISC Bhd’s unit MISC Agencies Sdn Bhd has signed a joint-venture deal with two India-based companies, Crescent Shipping Agency (India) Ltd and Sivaswamy Holdings Pvt Ltd. |
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| Campbell Shipping inks order for 2 vessels | | | AFM team being readied for Somalia operation | |  | | A team of Maltese soldiers will soon be dispatched to Somalia to take part in an EU mission against sea piracy. |
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| Ecospeed Marine Coating System Lasts On Container Vessel After 2 Baltic Sea Winters | |  | | Ecospeed® marine coating system lasts on the Baltic Swan container vessel after 2 Baltic winters looking virtually in the same condition as it was when it undocked 2 years ago. |
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