Comanche fights back to take early lead in Rolex Sydney Hobart Yacht Race

Comanche fights back to take early lead in Rolex Sydney Hobart Yacht Race

Race start Protected by copyright

Comanche fights back to take early lead in Rolex Sydney Hobart Yacht Race

Comanche, the 2017 Rolex Sydney Hobart line honours winner and race record holder, fought back brilliantly from a slow start in this year’s 75th running of the Cruising Yacht Club of Australia’s race by taking the lead soon after exiting Sydney Heads.

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Welcome to the IBJ e-Newsletter

The IBJ e-newsletter is aimed specifically at the dry bulk cargo handling and shipping industry. It delivers regularly updated news on the bulk industry worldwide.

The newsletter includes the latest developments in bulk ports and logistics, shipping, equipment and commodities and is a must read source of news for busy executives in this important global sector.

International Bulk Journal is the magazine for the maritime bulk industry, established in 1981. IBJ’s highly experienced and skilled staff have decades of experience within the international shipping and freighting publishing business. They, along with a network of globally located freelance journalists and sales and marketing agents, create a magazine which has become essential reading in its sector.

 

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Congress passes FY 2020 Energy & Water Development Appropriations Bill; TTB topics to include small operator insights on Subchapter M

Inland Marine News
Karl Senner
Congress passes FY 2020 Energy & Water Development Appropriations Bill

The House passed the bill on December 17 by a vote of 297-120, and the Senate approved the bill today by a vote of 71-23. The president is expected to sign the bill into law. Full Article

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Hawaii Congressman introduces Jones Act amendment measures; Lockheed Martin wins $1.95 billion Saudi MMSC order

12-23
Hawaii Congressman introduces Jones Act amendment measures

December 23, 2019 – Rep. Ed Case (D-Hawaii) has introduced three bills in Congress that would make significant changes to the Merchant Marine Act of 1920 ( the Jones Act).

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Hermitage Offshore Services Ltd. Announces Sale of Common Shares under Equity Line of Credit

HAMILTON, Bermuda, Dec. 20, 2019 (GLOBE NEWSWIRE) — Hermitage Offshore Services Ltd. (the “Company”) announced today that it has sold an aggregate of 3,143,709 additional common shares under its previously announced equity line of credit for $1.11334 per share and aggregate net proceeds of $3.5 million.  The net proceeds of this issuance are expected to be used for general corporate purposes.

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Meyer Turku delays delivery of Carnival’s Mardi Gras; Shane Guidry takes 100% ownership of Q-LNG

12-20
Meyer Turku delays delivery of Carnival’s Mardi Gras

December 20, 2019 – Guests will have to wait a while longer to ride the first roller coaster at sea. Meyer Turku has delayed delivery of the first LNG-fueled cruise ship to serve the North American market, Carnival Cruise Line’s Mardi Gras.

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Welcome to the IBJ e-Newsletter

The IBJ e-newsletter is aimed specifically at the dry bulk cargo handling and shipping industry. It delivers regularly updated news on the bulk industry worldwide.

The newsletter includes the latest developments in bulk ports and logistics, shipping, equipment and commodities and is a must read source of news for busy executives in this important global sector.

International Bulk Journal is the magazine for the maritime bulk industry, established in 1981. IBJ’s highly experienced and skilled staff have decades of experience within the international shipping and freighting publishing business. They, along with a network of globally located freelance journalists and sales and marketing agents, create a magazine which has become essential reading in its sector.

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Bonanza in the tanker market is continuing.

Hamilton, Bermuda, December 20, 2019

We would like to inform you that over the last few weeks we have fixed a string of our vessels for voyages extending well into the New Year and the first quarter of 2020. These spot voyages are generating in the range of $35,000 per day to $80,000 per day per ship. This confirms that the tanker market has turned and is now stronger than ever. Our operating costs are about $8,000 per day per ship. From out of our 23 identical suezmaxes, 21 vessels are in the spot voyage market.

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