Iran and Venezuela have reached an agreement to swap two grades of oil, giving Venezuela a new supply of extra-light crude that it can blend with its sulfurous, extra-heavy Merey oil for export. The deal – first reported by Reuters – will see cargoes of...

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The technology group Wärtsilä will supply the engines for two new pusher tugs being built for the Brazilian operator Hidrovias do Brasil at the Uzmar Shipyard in Turkey. There is an option for an additional two vessels. The Hidrovias fleet already includes a number of...

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