Billionaire entrepreneur Elon Musk has unveiled the latest iteration of his space company's newly assembled Starship, outlining a speedy development timeline for the centerpiece vehicle of SpaceX’s quest to launch humans to the moon and Mars.
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Vigor Wins Modernization Contract for Two Navy Cruisers
Vigor was awarded a $254,566,431.36 firm-fixed-price contract for the execution of USS Chosin (CG 65) and USS Cape ST. George (CG 71) Modernization Periods (MODPRD). The contract includes options, which if exercised would bring the cumulative value of ...
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USCG Commissions FRC in Honolulu
The U.S. Coast Guard commissioned the newest Hawaii-based 154-foot Fast Response Cutter in Honolulu, Thursday.“There is no greater reflection of the commandant’s strategic vision and commitment than the fact that as we commission the William Hart today...
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Enhanced Vessel Tracking via Oceans X
Oceans X is a new web-based platform that allows a wide variety of users such as port agents, bunkers suppliers, port chandlers, port authorities, banks and others to track and monitor tankers and dry cargo vessels globally and in real-time.
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Containership Strikes Tanker in Greece
Japanese carrier Ocean Network Express (ONE) confirmed reports that its chartered containership ONE Blue Jay came into contact with a chemical tanker near Port of Perama, Piraeus, Greece, at around 2 p.m. local time on Thursday."There are no reports of...
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Disaster under the waves: the race to save the coral of the Caribbean
Emily Hower, a research assistant at Nova Southeastern University doing field work on coral off Key West in Florida, bobs up out of the water and removes her diving mask. The news is not good.
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Baltic Index Falls on Sluggish Capesize Demand
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, dropped on Friday and recorded its steepest percentage fall in two months, as Chinese steel mill restrictions continued to drag down capesize rate...
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Oil Freight Rates Rocket After U.S. Sanctions COSCO
Oil freight rates in the Middle East and Asia have increased by almost 20 percent today following new US sanctions on units of Chinese company COSCO for its alleged involvement in ferrying crude oil out of Iran.In what the U.S. State Department…
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JFD Wins Submarine Rescue System Contract
James Fisher and Sons said its subsidiary JFD has been awarded a multimillion dollar contract for the design and build of submarine rescue equipment but no further details are yet available. The company recently completed the delivery of a range…
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Container Rates Fall Due To Overcapacity
According to Norway-based ocean freight rate benchmarking and market intelligence specialist Xeneta, long-term contracted ocean freight rates for carriers continued their downward trend this month, however by only 0.1% globally. The company…
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