The U.S. Coast Guard picked up 10 crewmembers who had been stranded at sea for nearly three weeks after their cargo ship became disabled approximately 1,380 miles southeast of Bermuda."We were conducting a law enforcement patrol near Puerto…
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Azerbaijan Caspian Shipping Overhaul the Tanker “Jabbar Hashimov”
The tanker Jabbar Hashimov owned by the Transport Fleet of Azerbaijan Caspian Shipping Company (ACSC) underwent complete overhaul, said a press release from the Azerbaijani shipping company.As part of the overhaul undertaken by Zigh Shipyard and Repai...
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APSATCOM to launch IntelsatOne Flex in China
Intelsat announced that APT Mobile Satcom (APSATCOM) will become the first maritime solution partner to offer, in China, IntelsatOne Flex for Maritime services.This agreement will deliver a seamless global maritime network for APSATCOM’s customers…
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North P&I Club Adds Tom McLoughlin to Global Underwriting Team
Global marine insurer provider North P&I Club has further strengthened its underwriting team to meet the evolving needs of its global membership, with the appointment of a new UK based underwriter combined with some operational changes to a number of s...
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World Shipping Council Names Tim Wickmann as New MD, Asia
The World Shipping Council (WSC) is pleased to announce that Tim Wickmann is joining WSC as its new Managing Director, Asia.Wickmann served most recently as CEO of MCC Transport and has worked in various leadership positions in international…
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Star Bulk Carriers Announces $310mln Loan for Vessels, 50 Scrubbers
Star Bulk Carriers announced that it has entered into a $310 million loan agreement, which includes a $70 million tranche (Green Loan Tranche) that will exclusively finance the procurement and retrofitting of scrubbers for up to approx. 50 vessels in S...
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Global Recreational Boat Market to Reach USD 50 bln by 2023
The global recreational boat market is expected to reach revenues of more than $50 billion by 2023, growing at a CAGR of approximately 4% during 2017-2023, said a research report.The exponential growth of the travel and tourism industry across…
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Trident Alliance calls for Adoption of Non-Compliant Fuel Carriage Ban
Trident Alliance, the shipping industry initiative for robust enforcement of maritime sulphur regulations in the interest of the environment, called for adoption without delay of IMO carriage ban for fuel with sulphur content over 0.5%, as a…
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EU Readies ‘Polluter Pays’ for Ship Waste
The Transport Committee of the European Parliament adopted the Meissner report on the Port Reception Facilities and gave a mandate to the Rapporteur to start negotiations with the Council to finalise the text of the new law.The European Sea…
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US Navy Rescues Sri Lankan Fishermen
A U.S. Navy destroyer aided seven distressed mariners whose fishing boat had been rendered inoperable after suffering an engine malfunction.The Arleigh Burke-class guided missile destroyer USS Decatur (DDG 73) was conducting a routine patrol…
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