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Dynagas LNG Secures $675Mln Loan Dynagas LNG Partners LP, an international owner and operator of liquefied natural gas (LNG) carriers, announced it has secured a $675 million syndicated loan from leading international banks.The credit facility will be secured by mortgages on the partnership’s entire fleet of six LNG carriers… Algoma Acquires Croatian-Built Vessel Canadaian provider of marine transportation services Algoma Central Corporation has reached an agreement with 3Maj Brodogradiliste of Croatia under which Algoma will acquire a new Equinox Class 650’ self-unloading dry-bulk carrier upon completion of the vessel by the Shipyard.The vessel… Höegh Increases its Frequency to Australia Nowegean provider of Ro/Ro (Roll On/Roll Off) deep sea transportation services Höegh Autoliners announce an increased frequency in its service to Australia. Starting in November, the company will offer five sailing per month to Australia from Europe.Previously… Ramelia Begins Maiden Voyage The LNG tanker Ramelia has been delivered to the chemical tankers in Northern Europe Rederi AB Älvtank, becoming the sixth of eight vessels ordered in the Gothia Tanker Alliance series.The vessels are built on a design where FKAB Marine design… GLDD Wins $141Mln Across Several Awards The American company providing construction services in dredging and land reclamation, Great Lakes Dredge and Dock Company (GLDD) announced the receipt of several major dredging awards totaling $141 million.The North America's dredging industry… US Fines HHI $47Mln Over Dirty Engines US authorities announced that South Korea's top shipbuilding conglomerate Hyundai Heavy Industries (HHI) will pay a US$47 million fine for illegally importing and selling dirty diesel engines in violation of American environmental rules.US Justice Department and and the U.S. Global Ship Lease Bags Refinancing Deal Global Ship Lease (GSL), UK-based holding company and containership charter owner, has now settled a five-year refinancing of its debt.According to the container ship owner, the new syndicated $268m credit facility is signed with a number of… Navis Survey Acclaims AI Global container terminals are expected to embrace automated decision making powered by artificial intelligence (AI) as they pursue ways to improve operational consistencies and enhance equipment utilization.According to TechValidate customer survey by Navis… Leonardo CEO Dismisses Renzi's Idea of Tie-Up with Fincantieri The chief executive of Italian defence group Leonardo on Friday dismissed the idea of a potential tie-up with shipbuilder Fincantieri recently floated by former Prime Minister Matteo Renzi.The two groups are both controlled by Italy's Treasury… Saudi Attacks, High Demand Leaves U.S. Short on Oil Tankers A disruption in global oil flows following attacks on Saudi Arabian facilities has left U.S. crude exporters without enough tankers to cover rising demand for cargoes, traders and shipping sources said.Missile attacks last Saturday temporarily…