Industries are adapting to an increasingly digitalized landscape. The floating production, storage and offloading (FPSO) industry is no different. As concerted efforts are made to improve project economics Matt Tremblay, ABS Senior Vice President…
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Interview: Sam Ruda, Director, Port of NY/NJ
Ports are economic engines for the regions they serve, and the impact from business activities at the Port of New York/New Jersey runs as big as the area it serves: 46 million consumers in a four-hour radius. The port is an economic giant in and of its...
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Baltic Index Nudges Up, But Registers Fall for Third Week
The Baltic Exchange's main sea freight index, which tracks rates for capesize, panamax and supramax vessels, rose on Friday, buoyed by an uptick in demand for capesize and panamax vesselsThe Baltic index rose 14 points, or 1%, to 1,415.However, the ind...
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New Zealand Announces New Safety Measures for Livestock Shipping
New Zealand on Friday said it had introduced new requirements for the safe transport of livestock, after a cattle ship capsized in the East China Sea last month, killing almost all its crew and thousands of cows.Only two of the 43 crew members and more...
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Overwatch: Advancing NATO’s Maritime Situational Awareness via Commercially Available Space-based Assets
“All the business of war, and indeed all the business of life, is to endeavour to find out what you don’t know by what you do”Arthur Wellesley, 1st Duke of WellingtonIt is hard to get past headlines painting the portrait of a world besieged…
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Greece Calls for Tougher EU Stance Over Turkish Mediterranean Exploration
Greece urged the European Union on Wednesday to reconsider its customs union with Turkey in response to Ankara's continued gas exploration in contested Mediterranean areas, deploring what it termed Ankara's "imperial fantasies."After meeting…
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Royston Wins UK Navy Engine Services Contract
Royston has won a multimillion pound contract to support and maintain small diesel engines onboard amphibious assault ships, mine hunters and other Royal Navy vessels, the marine engineering and propulsion specialist said Wednesday.The £5.5…
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New Ferry Delivered to Sealink In Australia
Sealink Travel Group has taken delivery of Coolgaree Cat, a newly built passenger vessel developed specifically for the Palm Island and Magnetic Island runs, operated from Townsville in Queensland, Northern Australia. The new ferry was handed…
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USACE Approves Derecktor’s Plan for New Megayacht Yard
Plans to convert the nearly 100-year-old Port of Fort Pierce into a full-service repair and refit facility for the global fleet of megayachts cleared a significant hurdle, Derecktor Shipyards announced.After 11 months of review, the engineering and pla...
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Video: Disabled Cargo Ship Rescued in Heavy Seas off Ireland
Three rescue craft came to the aid of a disabled cargo ship adrift in heavy seas and in danger of hitting the rocks off the Irish coast.The Antigua Barbuda-flagged general cargo vessel Lily B reported to MRCC Dublin Tuesday afternoon that it had lost p...
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