After a turbulent year, low demand looks set to plague the market in the coming months combined with too many ships fighting for too few cargoes in both the crude oil and oil product segments, says the oil tanker shipping overview and outlook…
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AqualisBraemar Takes Care of Petrobras Shuttle Tankers’ DP
Brazilian national oil company Petrobras has hired AqualisBraemar to perform DP acceptance and annual trials for their DP shuttle tanker fleet operating in Brazil over the next three years.Under the contract, AqualisBraemar will carry out trials…
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First Ever Jones Act Offshore Wind Turbine Installation Vessel to be Classed by ABS
Maritime and offshore classification society American Bureau of Shipping (ABS) will class the first ever Jones Act compliant offshore wind turbine installation vessel (WTIV), seen as a key vessel for the development of the U.S. offshore wind…
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Baxter Marine Group Acquires WheelHouse Technologies, Vessel Vanguard & SeaKits
Baxter Marine Group announced it has acquired Wheelhouse Technologies, VesselVanguard and SeaKits Brand.The combined companies support more than 3,000 commercial, military, charter and recreational watercraft worldwide. Intuitive user tools…
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US Great Lakes Shipping Companies Invest $87 Million in Winter Work
U.S.-flag Great Lakes shipping companies continue to invest heavily in their ships and the region.This year alone these companies will spend nearly $87 million for winter ship repair and maintenance work at shipyards and facilities across the Great Lakes.
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Perfect Trips: Venezuela Ships Jet Fuel to Iran in Exchange for Gasoline
Venezuela is shipping jet fuel to Iran in return for vital gasoline imports for the South American nation as part of a swap deal agreed by the two state-run oil firms, three people with knowledge of the matter told Reuters.Iran has ramped up…
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Australia Cracking Down on Livestock Shipping
Australian officials will implement a set of extra safety checks for livestock shipping after a string of recent incidents thrust the sector into the international spotlight.From March 1 to August 31, 2021, the Australian Maritime Safety Authority…
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American Cruise Lines Adds Sixth Ship to Pacific Northwest
American Cruise Lines now has six ships in the Pacific Northwest for 2021, with four of them operating on the Columbia and Snake Rivers.One of the line’s riverboats American Harmony completed its recent journey from the East Coast to the Pacific Northw...
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Royal Caribbean Advance Bookings Rise with Eyes on Vaccinations
Royal Caribbean Group said on Monday it was seeing an uptick in future bookings, following a disastrous year for the cruise operator, as travel enthusiasts look to sail again at a time governments globally have started mass vaccinations.The company’s s...
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Maersk Backs Plan for Green Ammonia Plant in Denmark
Shipping group Maersk said on Tuesday it was among a group of companies backing a plan to build Europe's largest green ammonia plant in Denmark as part of its ambition to shift to carbon-neutral ship fuel.The project, led by fund management firm Copenh...
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