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The United States this week hardened its position on the South China Sea, where it has accused China of attempting to build a "maritime empire" in the potentially energy-rich waters, despite regional concerns.The rivals have accused each other of stoking tension in the strategic waterway at a time of strained relations over everything from the new coronavirus to trade to Hong Kong.A statement from U.S. Secretary of State Mike Pompeo on July 13 was the first time the United States had called China's claims in the sea unlawful and accused Beijing of a "campaign of bullying".
Viking announced it has a new ship under construction expected to launch next summer for its cruise tours in Vietnam and Cambodia.The 80-guest Viking Saigon is scheduled to debut for the August 30, 2021, cruise tour departure; the river cruise portion of the itinerary sails between Kampong Cham, Cambodia and Ho Chi Minh City (Saigon), Vietnam.Purpose-built for the Mekong River, the new Viking Saigon will host 80 passengers in 40 outside staterooms. All staterooms will have hotel-style beds and floor-to-ceiling sliding glass doors with a veranda or French balcony. The three-deck Viking Saigon will feature a spa and fitness Center, infinity pool and open-air bar on the upper deck.
NYK Line (Vietnam) Co. Ltd. acquired 15% of total issued shares of Thoresen Vinama Tug Co. Ltd. (TVT hereunder) and entered the tugboat business at Phu My and Cai Mep ports in Vietnam.TVT has two tugboats providing tugboat services at Phu My and Cai Mep ports, located in the suburbs of Ho Chi Minh and the largest ports in the nation in terms of import/export cargo and inbound/outbound vessels.NYK made this investment decision after considering the tugboat business in Vietnam, a country that has achieved remarkable economic growth in recent years, and recognizing that the tugboat sector is primed for future growth.
U.S. energy regulators on Wednesday granted Delfin LNG a second one-year extension until September 2021 to build its proposed floating liquefied natural gas export facility off the coast of Louisiana.Delfin is one of several North American LNG developers that have delayed decisions on whether to go ahead with multibillion-dollar projects as gas prices slumped worldwide and buyers became reluctant to sign long-term agreements needed to fund construction.Global gas prices collapsed because of an oversupplied market and coronavirus demand destruction.
Cryopeak LNG Solutions Corporation said Wednesday it has signed a Memorandum of Understanding with marine bulk fuels transporter Island Tug & Barge Ltd. (ITB) to deliver liquefied natural gas (LNG) bunkering services in Southwest British Columbia, Canada.Cryopeak and ITB have developed a design for a 4,000-cubic-meter articulated tug and barge (ATB) which is planned to be in operation in 2023. A key feature of this solution is that it will leverage one of ITB's tugs designed and built in Vancouver to deliver LNG as a fuel to shipping companies calling to ports on the West Coast.