UK-based Envoy Group has acquired a marine engineering company, Avantis Marine, to target carbon reduction and clean energy solutions for offshore markets.Avantis specializes in marine engineering with a focus on environmental performance and clean tec...
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US to Help Japan Monitor ‘Unprecedented’ Chinese Incursion Around Disputed Islands
The U.S. military will help Japan monitor “unprecedented” Chinese incursions around East China Sea islands controlled by Tokyo but claimed by Beijing as Chinese boats prepare to begin fishing in nearby waters, the commander of U.S. Forces Japan…
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US Appoints Coordinator for Arctic Policy as Mineral Race Heats Up
The Trump administration appointed a coordinator for policy in the Arctic on Wednesday, as Washington prepares to compete with Russia and China on resource extraction in a region quickly melting due to climate change.The State Department said Jim DeHar...
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Baltic Index Snaps 7-day Losing Streak
The Baltic Exchange's main sea freight index rose on Wednesday, after declining for seven consecutive sessions, as rates for larger capesize and panamax vessels bounced back after a series of declines.The Baltic dry index, which tracks rates…
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Blount to Build Icebreaking Buoy Tender for Maryland
Warren, R.I. shipbuilder Blount Boats said it has been awarded a contract to build a 90-foot icebreaking buoy tender vessel for the Maryland Department of Natural Resources. The vessel will be designed by BMT Designers and Planners, Inc. of Arlington…
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Camera Systems Installed Across Wilson Sons’ Tug Fleet
Brazilian port and maritime logistics operator Wilson Sons is installing internet and camera systems on its tug fleet to allow real-time visualization of operations and maneuvers, including by customers.Closed Circuit TV (CCTV) and Network Cabling…
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Video: USCG Aids Cargo Ship Taking on Water off Puerto Rico
U.S. Coast Guard air and surface rescue crews at Sector San Juan responded and assisted the distressed M/V Island Express Wednesday afternoon, after the ship started taking on water when it departed the Port of San Juan for storm avoidance in…
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Examining LNG as Fuel
A snap poll recently conducted by ABS found that as many two-thirds of global shipowners had yet to select a technical pathway to meet the International Maritime Organization’s (IMO) mandatory decarbonization targets for 2030 and 2050.With the…
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New Stock Index Launched for LNG Shipping
A newly launched stock index family is designed to measure the performance of companies involved in maritime transport of liquefied natural gas (LNG).The rules-based UP World LNG Shipping Index covers 17 publicly traded companies and partnerships from ...
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All American Marine to Build NOAA Research Vessel
Bellingham, Wash. aluminum boat builder All American Marine (AAM) said it has been awarded the contract by the National Oceanic and Atmospheric Administration (NOAA) to construct a 50’ aluminum research catamaran for the Olympic Coast National…
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