A French court ruled on Wednesday that a British trawler impounded by French authorities could sail for home, overturning an earlier demand that its captain pay a 150,000 euro ($174,000) bond, a lawyer for the captain told Reuters.The Cornelis Gert Jan...
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Wilson Sons Ramping Up to Support O&G Ops
Eying recent demand increases and oil prices recovery in the international market, Brazil's largest tug operator says it is ramping up to support a growing number of offshore oil and gas projects expected to take off in the coming years.Globally…
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Norwegian Cruise Eyes Return to Profitability in H2 2022
Norwegian Cruise Line Holdings Ltd on Wednesday forecast a return to profitability in the second half of 2022, as the U.S. travel and tourism industry claws back from the impact of the COVID-19 pandemic.Cruise operators recorded billion-dollar…
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Matson Targets Net Zero GHG Emissions by 2050
U.S.-based Matson, a carrier in the Pacific, said this week it will reduce its fleet greenhouse gas (GHG) emissions by 40% by 2030, and achieve net zero fleet GHG emissions by 2050.The Honolulu-headquartered company joins peers such as Denmark…
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Baltic Dry Index Falls to Five-month Low
The Baltic Exchange's dry bulk sea freight index dropped to its lowest in five months on Wednesday, as rates across vessel segments fell.The overall index, which factors in rates for capesize, panamax and supramax vessels, fell by 295 points, or 9.3%, ...
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Wallenius Wilhelmsen’s Final HERO Car Carrier Delivered
Norwegian shipowner Wallenius Wilhelmsen said it has taken delivery of Nabucco, the fourth and final vessel in a series of new high-efficiency RoRo (HERO) car carriers.The highly efficient post-Panamax vessels, built by China's Tianjin Xingang Shipbuil...
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Maritime Cybersecurity: Prepare, Detect and Respond
At a time when the world has become more aware than ever before about the vital importance of the world’s ocean shipping fleet, which carried supplies, merchandise and much needed personal protective equipment during the COVID-19 pandemic, an increased...
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Fort Lauderdale (LPD 28) Completes Builder’s Trials
America’s largest military shipbuilding company Huntington Ingalls Industries (HII) announced on Tuesday that its Ingalls Shipbuilding division recently completed the first round of sea trials for San Antonio-class amphibious transport dock Fort Lauder...
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Maersk Says Port Delays Will Stretch into New Year
The chaos that has bedeviled global supply chains in recent months will extend into next year, with a lack of truck drivers preventing hundreds of container vessels from offloading goods around the world, shipping group Maersk said.“The whole system ha...
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SeaBubbles Selects Spear’s Trident Battery Solution
U.S.-based Spear Power Systems said it will provide its Trident marine battery systems for SeaBubbles' 100% electric, hybrid hydrogen and batteries flying boats. The first-of-its-kind water vehicle designed by France-based manufacturer SeaBubbles…
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