A towboat suffered a hull breach after running aground in the Okeechobee Waterway, near Clewiston, Fla.The captain of the 46-foot towing vessel Catherine notified U.S. Coast Guard Sector Miami watchstanders at approximately 8:30 p.m., Friday…
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The ZouZou: MII to the Rescue?
A ship financier’s primary security is the mortgaged ship. If the ship becomes a total loss, the mortgage will provide no valuable security, leaving the financier to rely on its rights as assignee and loss payee (and occasionally as co-assured) under t...
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Optimarin Maintains BWTS Deliveries Amid Supply Chain Challenges
Norwegian ballast water treatment systems manufacturer Optimarin said it has so far been able to overcome global supply chain challenges by leveraging a flexible delivery model for key components for its systems.While the world continues to…
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DNV Approves Maritime Digital Infrastructure Projects
Classification society DNV said it has recently approved several projects for digital infrastructure solutions developed by COSCO, Kongsberg Digital and Samsung Heavy Industries (SHI).According to DNV, digitalization of the maritime industry is set to ...
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Sinopec Fuel Oil Singapore Targets 50% Increase in Bunker Sales
Sinopec Fuel Oil (Singapore) Pte Ltd aims to raise its monthly bunker sales volumes by more than 50% after it received a license from the Singapore government this month, the company’s general manager said on Monday.Chinese refiners are expanding their...
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W&O Launches Digital Valve Management Service
W&O Supply, a supplier of valves, actuation, pipe and fittings to the global maritime industry, is launching a digital valve management service underpinned by the use of RFID technology to identify critical valves on board.Many vessel operators…
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Shipowners Struggling with Lack of Clarity on Sanctions -Prokopiou
Shipowners are struggling to know what trades are still legal as a raft of sanctions against Russia and tough measures on other countries including Iran remain confusing, leading Greek shipowner George Procopiou said on Monday.Sanctions imposed on Mosc...
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Two Days After Deadly Blasts, Bangladesh Container Depot Still Burns
Firefighters battled for a third day on Monday to control a huge fire that killed dozens when it triggered explosions at a Bangladesh container depot, as officials warned of the risk of further blasts if the flames spread to chemicals stored…
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Lebanon to Invite U.S. Envoy for Maritime Talks After Spat with Israel
Lebanon said on Monday it would invite a U.S. mediator to Beirut to continue negotiations over a disputed maritime boundary with Israel to prevent any escalation after accusing Israel of encroaching on contested waters.The issue flared up on…
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Langh Tech BWMS Receives IMO Approval
Finnish marine technology manufacturer Langh Tech Oy Ab said it has received the International Maritime Organization (IMO) Marine Environment Protection Committee (MEPC) type approval certificate for its LanghBW ballast water management system (BWMS) o...
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