British defense minister Ben Wallace said on Tuesday the Department for Transport and his ministry would issue guidance to shipping in the Middle East imminently after the killing of an Iranian military commander heightened tensions."The Department…
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Inside Ishin, the LNG-Fueled Tugboat
In May 2017, MOL decided to build an LNG-fueled tugboat that would be operated by Nihon Tug-Boat Co., Ltd. It was built by Kanagawa Dockyard Co., Ltd., has dual-fueled engines from Yanmar Co., Ltd., and runs on LNG supplied by Osaka Gas Co., Ltd.
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NUWC Joins 401 Tech Bridge Project
The Naval Undersea Warfare Center (NUWC) Division Newport has joined the 401 Tech Bridge innovation initiative in the state of Rhode Island.“The Warfare Centers recognize that to be successful, whether it is on a submarine, on a ship or solving a techn...
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USCG Responds to Puerto Rico Earthquake
The Coast Guard is responding to a 6.5 magnitude earthquake and seismic activity off the south and southwest coasts of Puerto Rico.All the ports in Puerto Rico and the U.S. Virgin Islands remain open until further notice. Currently, there is…
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Wärtsilä EGC Gets CCS Type Approval
Wärtsilä’s Exhaust Gas Cleaning (EGC) system has been Type Approved by the China Classification Society (CCS). This follows the order for the system from Dalian Shipbuilding Industry for installation onboard the ‘New Treasure’, a new Very Large Crude C...
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Baltic Index Slides for 19th Session
The Baltic Exchange's main sea freight index fell for the 19th straight session to an over eight-month low on lower demand across all vessel segments.* The Baltic index, which tracks rates for capesize, panamax and supramax vessels that ferry dry bulk ...
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Workers at Port Jerome and Fos Refineries on Strike
Workers at France's Port Jerome and Fos refineries, which are run by Exxon, have decided to go on strike, the CGT union wrote on a union blog page on Tuesday.Officials at Exxon in France could not be immediately reached for a comment.France's…
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Baltic Index Falls to 8-Month Low
The Baltic Exchange's main sea freight index fell to its lowest level since April on Monday, weighed down by weaker vessel demand across all segments.* The Baltic index, which tracks rates for capesize, panamax and supramax vessels that ferry dry bulk ...
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NORDEN Sells a Handymax, Buys 2 MR Tankers
Denmark-based NORDEN announced Monday it has sold a Handysize tanker, which was delivered to her new owners in late November 2019, and it purchased two medium range (MR) tankers, which were delivered in end-December 2019.NORDEN, which said it…
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Suez Canal Revenues Rose in 2019
Suez Canal revenues increased slightly to $5.8 billion in 2019 compared with $5.7 billion in 2018, its authority said in a statement on Saturday.The canal kept its transit toll unchanged in 2020 for all types of vessels except dry bulk vessels and liqu...
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