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Trump wants Venezuela's oil. Will his plan work?

From www.bbc.co.uk

Donald Trump has said that American oil firms will invest billions to produce oil in Venezuela.

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Baltic states on high alert after fresh subsea cable damage incidents

From splash247.com

Baltic littoral states are on high alert as a fresh round of attacks on subsea infrastructure ripples across the region, with authorities in Latvia and Finland probing separate incidents involving damaged undersea telecommunications cables and suspected vessel involvement. 

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White House Orders US Military To Enforce ‘Quarantine’ On Venezuelan Oil For Next 2 Months

From www.marineinsight.com

Preparations are underway to seize a third vessel, an empty sanctioned tanker named Bella-1, following an earlier attempt on Sunday.

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Sanctioned Oil Tanker Goes Aground on the Rocks in Aegean

From maritime-executive.com

A sanctioned shadow-fleet tanker has run aground off the coast of Bozcaada, Turkey, prompting a large-scale emergency response. 

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UAE Withdrawal Underway from Red Sea and Gulf of Aden Positions

From maritime-executive.com

The deployment of Emirati forces in locations to the north and south of the Maritime Security Transit Corridor (MSTC) in the Gulf of Aden, and in similar positions dominating sea routes through the southern Red Sea, is currently in the middle of a significant upheaval.

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After Sanctions Concerns, Palau Changes Management of its Flag Registry

From maritime-executive.com

Palau's government has ended a longtime commercial arrangement with its flag registry operator, according to the Island Times. 

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Missing $8 Billion in Shadow-Fleet Oil Revenue Primes Iran for Revolt

From maritime-executive.com

Early readers of the Maritime Executive magazine’s Nov/Dec edition will have been pre-warned about Iran’s Velayat-e Faqih regime being on the brink of imminent collapse.

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d’Amico International Shipping books tanker pair at GSI

From www.seatrade-maritime.com

Milan-listed company invests methanol ready product tanker collaborating with Chinese shipyard.

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Ørsted and Equinor Sue Challenging Stop-Work Orders for Offshore Wind Farms

From maritime-executive.com

Two more offshore wind farms filed suits against the Trump administration after they were ordered in late December to stop work due to “national security” concerns. Danish offshore wind energy developer Ørsted amended its existing complaint in U.S. District Court to challenge the Trump administration’s stop-work order on the nearly completed Revolution Wind project, while Norwegian company Equinor filed a civil suit on January 2 for the Empire Wind project.

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Finland and Estonia Cooperate on Investigation into Damaged Telecom Cables

From maritime-executive.com

The Helsinki Police confirmed that they are making progress on the investigation into the damage to a subsea cable running between Finland and Estonia as they continue to interview the crew of a detained cargo ship. 

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Ghana Takes Lead in Modernizing Short Sea Shipping in West Africa

From maritime-executive.com

To boost coastal shipping in West Africa, Ghana has confirmed plans to establish a ferry service along the Lagos-Abidjan corridor. 

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Amphib USS Iwo Jima Plays Key Role in Extraction of Nicolas Maduro

From maritime-executive.com

A U.S. Navy amphib played a key role in the capture and removal of Venezuelan dictator Nicolas Maduro and his wife, Cilia Flores, who were extracted from Caracas by a massive American task force overnight Friday. 

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Nanjing Dongze shipyard returns to life

From splash247.com

China’s surging shipbuilding scene has seen the reopening of yet another mothballed yard. Nanjing Dongze Shipyard now has new ownership in the form of mighty China Merchants, one of the country’s top shipbuilding conglomerates.  

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The real divide in shipping is transparency, not geography

From splash247.com

Alex Karydis from Hanse Bereederung writes for Splash today in the first Contribution piece of the new year. 

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Saipem wins $425m deal for work on Turkish Black Sea gas field

From splash247.com

Italian energy services contractor Saipem has been awarded a new offshore contract by Turkish Petroleum for additional work on the extension of the third phase of the Sakarya gas field development. 

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COSCO grows heavylift fleet with Chengxi order

From splash247.com

Cosco Shipping Specialised Carriers has moved to grow its heavylift fleet, placing an order for four multipurpose vessels at CSSC’s Chengxi Shipyard as demand from the wind power sector continues to build.

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DOF wins $150m ROV support vessel contract in Brazil

From splash247.com

Norwegian offshore vessel owner DOF has secured another long-term contract in Brazil, adding a four-year deal with Petrobras for the ROV support vessel Skandi Commander. 

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Seacon snaps up six ultramax resales

From splash247.com

Hong Kong-listed Seacon Shipping has moved to reshape its newbuilding pipeline, taking over contracts for six ultramax bulk carriers and lining up long-term leaseback financing to fund the deal. 

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Outlook brightens for Ethiopian maize 

From www.world-grain.com

Newly approved varieties designed to fight drought, pests
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Record exports boost EU agri-food trade surplus in October

From www.world-grain.com

Cocoa-based, coffee products drive growth while cereals decline
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US soybean shipments slump in first quarter 

From www.world-grain.com

USDA report says 12.3 million tonnes slowest start since 2011-12
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Saudi Arabia’s role increasing in grain markets

From www.world-grain.com

Country becoming regional hub for storage, distribution
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A Boost for India’s Dues and Production

From energy.economictimes.indiatimes.com

A potential US takeover of Venezuela's oil sector could unlock $1 billion in pending dues for India, while significantly increasing crude production capabilities in the region. 

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Venezuela Oil Market: Oil market may absorb Maduro shock as global supplies swell

From energy.economictimes.indiatimes.com

Venezuela Oil Market: Venezuela's oil infrastructure remains operational, and its declining output represents a small fraction of global supplies. 

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