A cargo ship carrying tonnes of chemicals sank off Sri Lanka's west coast, its navy said on Wednesday, and tonnes of plastic pellets have fouled the country's rich fishing waters in one of its worst-ever marine disasters.The government on Wednesday…
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Report: Global OSV Market Facing Utilization Challenge, Despite Demand Recovery
Despite projected demand recovery post-2020, the global offshore support vessel (OSV) market continues to face a utilization challenge, a joint research by Braemar ACM Shipbroking (Braemar) and Westwood Global Energy Group has shown.According to the pr...
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Iran’s Largest Navy Ship Catches Fire and Sinks in Gulf of Oman
Iran's largest navy ship the Kharg sank on Wednesday after catching fire in the Gulf of Oman, but the crew was safely rescued, Iranian media reported.No further explanation was given for the latest incident in a region of sensitive waterways…
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Siem Offshore Lands Offshore Vessel Charter in Guyana
Norwegian offshore vessel owner Siem Offshore has won a contract for its Siem Dorado multi-purpose support vessel in Guyana.Siem Offshore said the contract was for 55 days firm, in addition to mobilization and demobilization fees, with extension option...
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Waterways Commerce Cutter: It’s Time for an Upgrade
In the last week of April, with little fanfare, the U.S. Coast Guard released a much-anticipated opportunity to build up to 27 Waterways Commerce Cutters. After the detailed design and construction contract is awarded in Spring of 2022, a lucky…
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