Three ships carrying ethanol were heading to China from the U.S. Gulf Coast, three trade sources told Reuters on Monday, a sign that ethanol exports from the United States to the country are increasing drastically.The shipments may surpass the total am...
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Techcross Expands into Anti-biofouling Business
Ballast water management system manufacturer Techcross said it has opened the door to a new business: anti-biofouling technology.Having signed a Memorandum of Understanding (MOU) with a total of four customers, including three major domestic…
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Altera Takes Sixth E-shuttle Tanker from Samsung
Altera Infrastructure recently took delivery of its newest E-shuttle tanker Altera Wind from South Korean shipbuilder Samsung Heavy Industries.The 103,000 deadweight tonne newbuild is the sixth and final in the series of DP2 shuttle tankers…
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Driving Decarbonization in the Workboat Sector
Unique collaboration on green fuels, new propulsion technology and hull-form optimization in the workboat sector will lay the foundation for global emissions reduction efforts.The workboat sector, comprising one of the strongest categories of…
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Washington Watch: Winds of Change in DC
For operators venturing into the offshore wind space, 2021 started off with a gust of changes and reports. From Jones Act clarifications and new enforcement authorities, to millions in port infrastructure funding, the new Congress and presidential…
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Seaspan Orders Six More Containerships
Seaspan Corporation on Monday announced it has reached deal to order six additional containerships, bringing to 31 the number of newbuilds the Hong Kong-headquartered shipowner has ordered since December 2020. The 15,000 TEU sextet is expected to be de...
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NATO Tests Maritime Security Drone
NATO Maritime Air (MARAIR) Operations team carried out a communications test flight with the NATO Alliance Ground System (AGS) during its flight on February 25, 2021.As the AGS was flying over the Central Mediterranean, MARAIR based out of NATO Maritim...
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Damen Launches Financial Services Division
As of April 1, 2021, Damen Shipyards Group will start a specialized Financial Services division to support clients in the financing of new ships by means of both operational and financial lease constructions.In itself it is not new that Damen…
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New Pandemic Response Guidance for Maritime SAR Organizations
New manual provides vital recommendations for operational planning and response in health emergenciesThe International Maritime Rescue Federation (IMRF), supported by Lloyd’s Register Foundation, has launched comprehensive guidance for anyone working i...
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Handysize 38kt Time Charter Average FFA is ‘Perfect Timing’
Forward freight agreement (FFA) trades for a basket of 38,000-dwt handysize time charter rates will help operators take longer-term cover with less risk, says shipbroker Simpson Spence Young.Following an ever-strengthening charter market, SGX…
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