In an era of ever-smarter shipping, one key area of vessel and fleet administration appears stuck in the dark ages. Pierre Dominé explainswhy Stolt Tankers is rapidly transitioning to digital logbooks, unlocking a broad range of big data benefits.Altho...
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Wärtsilä to Supply Systems on Four PIL Containerships
Wärtsilä will supply the LNG Fuel Gas Supply System, Propulsion Control System and Alarm Monitoring and Control System for four new 8200 TEU LNG dual-fuel container ships being built for Singapore-based Pacific International Lines (PIL) at the Jiangsu ...
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Venezuela’s PDVSA Tightens Oil Prepayment Rules
Venezuela's state oil firm PDVSA is toughening terms for buyers after a month-long halt to most exports of crude and fuel, demanding prepayment ahead of loadings in either cash, goods or services, company documents showed.PDVSA's new Chief Executive Pe...
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Ukraine ’23/24 Grain Crop Likely Down 35-40 Million Tons
Ukraine's grain harvest is likely to fall to 35 to 40 million tonnes in 2023, including 12-15 million tonnes of wheat and 15-17 million tonnes of corn, a senior analyst and producer said on Monday.Alex Lissitsa, CEO of the IMC agriculture company…
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German Cabinet OKs Emergency Measures to Fast-track Renewables Expansion
Germany's cabinet on Monday approved measures to accelerate the expansion of wind and solar power by simplifying licensing and setting deadlines for permitting procedures, the economy ministry said.Berlin aims to generate 80% of electricity from renewa...
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NYK Invests in Ghelia to Develop AI Services for Shipping
Nippon Yusen Kaisha (NYK) and GHELIA INC. (Ghelia) have entered into a business and capital alliance agreement that comes with an investment by NYK in Ghelia. The two companies will collaborate on R&D for autonomous ships, avoidance navigation…
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Flag States Increase Seafarer Reporting 25% – ICS
The annual Shipping Industry Flag State Performance Table, published today from the International Chamber of Shipping (ICS), highlights a 25% increase in flag states reporting on seafarer labor standards compared to last year. Each year flag…
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KENC Engineering Snags Key U.S. Offshore Wind Contract
KENC Engineering B.V. received a contract from an undisclosed party to design and build a Hammer Quick Lifting Frame. For hammering operations during the construction of two US offshore wind farms, KENC has the assignment to design and build a Hammer Q...
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Leadership Change at NYK Group Europe
Svein Steimler, president and CEO of NYK Group Europe Ltd., will retire on March 31, 2023, and will subsequently become a special advisor of the company. Steimler’s successor as president and CEO will be Carl-Johan Hagman.
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New Company: Lehmann Marine offers COBRA Battery System
With the founding of Lehmann Marine, a subsidiary of Höpen GmbH, a new supplier of innovative maritime products such as the COBRA battery system has entered the maritime market in 2023.The COBRA (Compact Battery Rack) battery system, which is freely sc...
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