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Congo Republic Ships First Iron Ore from Upgraded Port

BRAZZAVILLE, April 19 (Reuters) – Congo Republic shipped its first iron ore exports on Friday from a rehabilitated deep-water port that will be used by Congolese billionaire Paul Obambi’s Sapro SA and Swiss commodities giant Glencore. Sapro mined the oil-dependent Central African country’s first iron ore in 2017 from its Mayoko project in the southwest […]

Couple Could Face Death Penalty Over ‘Sea Home’ in Disputed Waters

BANGKOK, April 19 (Reuters) – A senior Thai government official on Friday urged a U.S. man and a Thai woman on the run from a possible death sentence for building an off-shore “sea home” to fight the charge in court. The two, Chad Elwartowski and his partner Supranee Thepdet, have been accused of violating Thai […]

Montenegro Seizes Drugs on Navy Training Ship

PODGORICA, April 19 (Reuters) – Montenegrin military police have seized around 50 kilograms of drugs on board a naval training ship, hours before it was scheduled to take students on a training cruise, the defence ministry and local media said on Friday. In a pre-dawn raid prompted by a tip-off, the military police found “tens […]

Nigeria Arrests Maritime Security Team Over Firearms Possession – Update

The Nigerian Navy has arrested nine people including one American for possession of firearms in what the Navy claimed was Nigerian waters. The suspects were part of a maritime security team providing anti-piracy services in the Gulf of Guinea region.  A spokesperson for the maritime security firm, confirmed as U.S.-based Trident Group, said the team […]

America’s Gas Export Clout Set to Grow With LNG Approvals

By Stephen Cunningham and Naureen S. Malik (Bloomberg) — America is set to become an even bigger player in the global liquefied natural gas market after the nation’s top regulator approved two more projects to export the super-chilled fuel. Tellurian Inc.’s proposed $28 billion Driftwood terminal in Louisiana and Sempra Energy’s Port Arthur LNG project […]

Damen Reports First Annual Loss in 15 Years

Damen Shipyards Group reported a net loss of 17 million euro in 2018, marking the first that the privately owned Dutch shipbuilder has reported a loss in the last 15 years. Damen says the net loss was due to “a sustained period of difficulty” in a number of key maritime sectors, acquisitions and investments in […]