Marco Polo Marine announced it is venturing into "green" ship recycling at its P.T. Marcopolo Shipyard in Batam, Indonesia.In addition to being awarded the permit by local authorities to conduct ship recycling activities, the group said it…
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Norwegian Cruise Cancels Sailings as Omicron Cases Surge
Norwegian Cruise Line on Wednesday canceled trips on eight ships, a few with embarkation dates as far out as late April, signaling a blow to the recovery of the pandemic-ravaged U.S. cruise industry.The division of Norwegian Cruise Line Holdings…
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HII Demonstrates Open Architecture Autonomy Integration Capability with Sea Machines’ SM300
Huntington Ingalls Industries’ (HII) Technical Solutions division announced today the successful integration of its advanced autonomy solutions with Sea Machines Robotics’ SM300 autonomy product. The integration of these autonomous capabilities…
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Baltic Dry Index Steady as Higher Panamax Rates Offset Capesize Dip
The Baltic Exchange's dry bulk sea freight index was little changed on Wednesday, as higher rates for panamax vessels countered a dip in the capesize and supramax segments.The overall index, which factors in rates for capesize, panamax and supramax ves...
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Louisiana Students Take Mississippi River Tour Field Trip
Dozens of South Louisiana middle and high school students eager to learn about careers in the maritime industry enjoyed a cool, windy autumn day on the mighty Mississippi River in St. Bernard Parish at the first-of-its-kind Maritime Field Trip.The…
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UECC’s Third Newbuild Dual-fuel LNG Battery Hybrid PCTC Launched
Norwegian shipping company UECC said its third and final newbuild in a series of advanced dual-fuel liquefied natural gas (LNG) battery hybrid pure car and truck carriers (PCTC) has been launched at China’s Jiangnan Shipyard.The December 28 launch come...
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Global Supply Pressures May Be Nearing Peak
The historically high pressures on global supply chain networks that have contributed to shortages of key goods and materials and a surge in inflation may have peaked, according to a new index released by the New York Federal Reserve on Tuesday.The…
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ExxonMobil Makes Two Oil Discoveries Offshore Guyana. Liza Unity FPSO on Track for First Oil in 1Q
Oil and gas major ExxonMobil on Wednesday announced two new oil discoveries offshore Guyana, at Fangtooth and Lau Lau wells, adding to previous recoverable resource estimate of 10 billion oil-equivalent barrels.The Fangtooth-1 well, drilled with the St...
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Sun Feng Takes the Helm at China Classification Society
Sun Feng formerly a CCS vice president, was named Chairman and President, taking over from Mo Jianhui, who retired.In a handover ceremony at CCS headquarters in Beijing, Sun paid tribute to Mo, praising his contribution to CCS.“Mr. Mo oversaw the rapid...
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FSRU: Morocco picks Mohammedia for Potential Floating Gas Facility
Morocco has invited bids to perform a study for the upgrade of Mohammedia port near Casablanca to host a liquified natural gas (LNG) floating storage and regasification unit (FSRU), the Moroccan ports agency said on Tuesday.The deadline for bids has be...
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