Jeffersonville, Ind.-based barging company American Commercial Barge Line (ACBL) has agreed to acquire and preserve 649 acres of woodland wildlife habitat and will pay an additional $2 million for damages stemming from a 2008 oil spill on the Mississip...
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Racing for 30MW—and a Piece of the US Offshore Wind Pie
“30 by 30” is the rallying cry for all concerned with the burgeoning U.S. offshore wind business. In Spring 2021, the Secretaries of Energy, Interior and Commerce resolved to deploy 30 gigawatts (GW) of electricity generated from offshore turbines by 2...
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Silver Ships, Auburn University to Develop Oyster Harvesting Boat Designs
Boat builder Silver Ships is partnering with Auburn University’s Industrial Design program and the Auburn University Shellfish Laboratory (AUSL) to create concepts for an oyster farming boat design.Beginning this fall, Silver Ships, AUSL and…
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Cargill Loads Soy in Texas After Ida Damages Louisiana Terminal
The first bulk U.S. soybean cargo from the Texas Gulf Coast in about six months was loaded and shipped last week from a Cargill Inc terminal, in a sign of shifting trade flows in the wake of Hurricane Ida, traders and shipping sources said.The…
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Höegh LNG CEO Støhle Resigns
Höegh LNG announced on Monday that its president and CEO Sveinung J. S. Støhle is resigning to purse a career outside of Norway.The Norwegian shipowner said Støhle gave his resignation notice on October 9 and that he will remain in his role…
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Britain Reaffirms Asia ‘Tilt’ as New Warship Makes Singapore Stop
Britain's new aircraft carrier the HMS Queen Elizabeth made a stop in Singapore on Monday, part of a move to reassert itself globally and boost its military presence in Asia amid rising competition among major powers.The Queen Elizabeth led…
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Euronav Suezmax Completes Biofuel Trial
Belgian shipowner Euronav said it has tested a biofuel blend marine fuel for its Suezmax tanker Statia in an effort to test the operational readiness and emissions reduction potential of biofuels.The 2006-built, 150,205 dwt vessel took on board 1…
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Baltic Index Falls, Capesizes Hold Near 13-year High
The Baltic Exchange's dry bulk sea freight index slipped on Monday, as a decline in capesize rates offset gains in smaller vessel segments, although the main index held close to a 13-year high.The overall index, which factors in rates for capesize…
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OCEA Launches French Patrol Boat
French shipbuilder OCEA has launched a new offshore patrol vessel for the French Maritime Affairs. The OCEA OPV 150 type aluminum vessel is now starting a phase of sea trials before its scheduled delivery at the beginning of 2022.In December 2019…
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Maersk to Trial Silverstream Air Lubrication System
The world’s largest container vessel operator A.P. Moller - Maersk will trial an air lubrication system on board one of its vessels to examine possible improvements to overall efficiency, focusing on the reduction of fuel consumption and associated emi...
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