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Iraq About to Invest in Large Tanker Fleet

Iraq has set sights on creating a large fleet of modern oil tankers to transport the country’s crude, Reuters reports quoting a statement from the country’s Oil Minister. “The ministry...

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Philly Shipyard Sees Higher Income

2016 has brought better financial fortunes for US-based shipbuilder Philly Shipyard, whose profit rose to USD 38.7 million from USD 17.4 million seen in 2015.  In 2016, the company’s operating...

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