While maintaining the integrity of power supply, digitalization and the integration of data have been prioritized in the energy transition process, ensuring a robust telecommunications infrastructure is essential for operational success. A well…
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Australia Proposes Mandatory Lifejacket Wear for Domestic Commercial Vessels
Australia's maritime safety regulator is seeking ways to reduce man overboard drownings, including potentially creating a rule that would require lifejackets to be worn on certain domestic commercial vessels.Since July 1, 2013, 34 incidents on…
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Baltic Dry Index Logs Worst Month Since January 2020
The Baltic Exchange's dry bulk sea freight index eased on Friday and posted its biggest monthly fall since January 2020, hurt by a decline in rates across all vessel segments.The overall index, which factors in rates for capesize, panamax, supramax and...
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Flow of Goods Through Panama Canal Hits Record
The Panama Canal moved more than a half a billion tonnes of goods over the last year, the canal's top official said on Thursday, marking a record high for the key global waterway as international trade picked up.Ricaurte Vasquez, the Panama Canal Autho...
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Royal Caribbean Revenue Disappoints as Delta Variant Hits Ticket Sales
Royal Caribbean Group missed market estimates for quarterly revenue on Friday, as people were apprehensive about going on cruises due to the fast-spreading COVID-19 Delta variant.Cruise ships have been sailing from U.S. ports again since late June with...
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Greece Rescues Cargo Ship with 400 Migrants in Distress
Greece mounted a rescue operation on Friday for a cargo ship carrying about 400 migrants after it sent out a distress signal off the island of Crete, the coast guard said.The Greek coast guard quoted passengers as saying the Turkish-flagged vessel had ...
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SAAM Towage Inks Service Deal with Caterpillar Marine
SAAM Towage and Caterpillar Marine signed a global services agreement aiming to help boost the efficiency of the fleet of tugs operated by the Americas towage services provider. This will be accomplished using digital solutions for planned and…
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Navantia Taps Pemamek for Shipbuilding Production Lines
Navantia placed an order for the automated PEMA Panel Lines, Profile Processing Lines and Sub-Block Production Lines, designed to ensure that Navantia Shipyards will have the latest laser-hybrid-based welding and robotic technology fully integrated to...
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“It’s alive!”: Offshore Drillers Start Resuscitating Idle Drillships
Offshore drilling rig reactivations have begun as utilization and dayrates continue their rapid recovery, Esgian's Teresa Wilkie writes.We expected it to happen just not necessarily this soon. But now it’s official, several cold-stacked rigs…
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HHI BWMS Earns US Type Approval
The U.S. Coast Guard said it has issued type approval to Hyundai Heavy Industries' HiBallast NF ballast water management system.The type approval is the 45th granted by the USCG's Marine Safety Center, awarded following a detailed review of…
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