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Issue #583 | Forest Products

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2014 Media Kit

Maritime

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Maine port city bans oil loading as Canada seeks export options

Reuters | July 22, 2014 | Energy | Maritime | Ports & Terminals

City councilors in South Portland, Maine, voted late Monday night to ban the loading of crude oil onto tankers along its waterfront, throwing up yet another roadblock to the export of Canadian oil sands crude and setting up a showdown with industry which called the process illegal. Read More »

Libya reaches deal to reopen Brega oil port

Reuters | July 21, 2014 | Energy | Maritime

Libya state oil company National Oil Corp (NOC) has reached a deal with security guards to end a protest at eastern Brega oil port, which is expected to allow the terminal to reopen on Tuesday, a company spokesman said. Read More »

Pirates attack Malaysian oil tanker in South China Sea

Reuters | July 16, 2014 | Energy | Maritime | Liner Shipping

Pirates attacked a Malaysian oil tanker in the Malacca Straits and siphoned off its load, the Malaysian navy and officials said on Wednesday, the latest in a series of hijackings raising tension in Southeast Asia’s busy sea lanes. Read More »

Maersk Tankers continues exit from crude transportation

Reuters | July 14, 2014 | Energy | Maritime | Liner Shipping

Maersk Tankers, a unit of A.P. Moller-Maersk, said on Thursday it had quit four unprofitable crude oil charter contracts by buying out supertankers and selling them onwards, continuing its exit from crude oil transportation. Read More »

Libyan protesters shut down Brega oil port

Reuters | July 14, 2014 | Energy | Maritime

Protesters have shut down the eastern Libyan oil port Brega, state firm National Oil Corp (NOC) said on Saturday, days after the government celebrated the reopening of major ports following almost a year of blockage. Read More »

Dubai’s Gulf Navigation cuts capital, eyes new expansion

Reuters | July 09, 2014 | Energy | Maritime

United Arab Emirates shipper Gulf Navigation said on Wednesday it had cut its capital by two-thirds and written off accumulated losses worth 1.1 billion dirhams ($300 million), key parts of a turnaround plan designed to solve its debt problems. Read More »

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