Hapag-Lloyd Cruises has announced that from July 2020 its global fleet will no longer burn heavy fuel oil (HFO) and instead run exclusively on marine gas oil with a maximum sulfur content of 0.1 % (LS-MGO)."In doing so, the company will cut…
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AIS Provide Skidmarks on the Ocean
Many years ago, I received a call from an attorney who wanted me to get on the plane to Houston right away to take a look at damage on two ships that had collided in the approaches to Houston.He told me that both vessels had become confused…
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Baltic Index Down on Sliding Panamax Rates
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, posted its sixth consecutive fall on Wednesday, hurt by declining demand for the panamax vessel segment.* The Baltic index, which reflects rates f...
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VT Halter, Q-LNG Name First LNG ATB
VT Halter Marine, Inc., a ST Engineering North America company, held a vessel naming ceremony for America’s first offshore Liquefied Natural Gas Articulated Tug and Barge (LNG ATB) unit.The Q-LNG 4000 (barge) and the Q-Ocean Services (tug) were officia...
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Svitzer Orders Two Icebreaking Tugs
Global towage operator Svitzer said it has signed a new deal with Turkish shipbuilder Med Marine for two new 30-meter ice class tugs expected to be delivered in the fourth quarter of 2020 and first quarter of 2021. The vessels will join Svitzer’s…
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As Ocean Fears Gather Pace, WTO Fishing Talks Stall
The oceans are under siege, campaigners warn, and fish stocks could collapse unless a global deal is struck swiftly to ban harmful fisheries subsidies. The World Trade Organization, meanwhile, can't agree on who will head the committee to discuss the i...
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Historic Harland and Wolff Shipyard ‘Saved’
Harland and Wolff, the Belfast shipyard that built the Titanic, has been sold by owner Dolphin Drilling to infrastructure specialists InfraStrata for £6 million ($7.3 million), saving the facility from closure, InfraStrata said on Tuesday.Harland and W...
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Iran building oil pipeline to terminal outside Gulf
Iran is building a $1.8 billion oil pipeline to its port of Jask outside the mouth of the Gulf, the country's oil minister said, as part of plans to protect its exports against potential problems in the region and to boost shipments of Caspian…
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Three Confirmed Dead in Bourbon Rhode Sinking
The bodies of two more crew members from sunken offshore tug supply vessel Bourbon Rhode have been recovered by search teams in the Atlantic Ocean, the vessel's owner Bourbon announced on Tuesday. Three crew members are confirmed deceased, three…
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Bayer to spend over 25 billion euros in crop science R&D over 10 years
German drugmaker Bayer on Tuesday said it is to spend more than 25 billion euros ($27.22 billion) on research and development at its agriculture unit over the next 10 years.
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