A tanker carrying Russian fuel oil arrived in Cuba on Thursday, bringing supplies for the Caribbean nation's sputtering power plants and giving Russia an outlet for products shunned by the West.The United States and Canada have imposed sanctions on Rus...
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Baltic Sea Freight Index Posts Weekly Gain as Capesize Rates Jump
The Baltic Exchange's main sea freight index , tracking rates for ships ferrying dry bulk commodities, logged its first weekly gain since mid-June, as a jump in capesize rates outweighed declines in other vessel segments.The overall index, which factor...
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U.S. Coast Guard Medevacs Offshore Vessel Crewmember with Heart Attack Symptoms
A 52-year-old man was medevaced Thursday from an offshore supply vessel about 36 miles southeast of Grande Isle, Louisiana.Watchstanders at Coast Guard Sector New Orleans received a call stating a crewmember aboard the offshore supply vessel…
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New Crewing Mandate Could Be a ‘Gut Punch’ to U.S. Offshore Wind Projects
The U.S. House has this week passed the National Defense Authorization Act (NDAA), in which it attached a provision that would change rules for manning offshore vessels in U.S. waters, with the goal of fostering American jobs in the U.S. offshore wind ...
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Tech File: P&O Adopts Hull Stress Monitoring for new Hybrid ‘Super Fferries’
Light Structures tapped to deliver custom fiber optic solution for stress and fatigue measurement with real-time decision supportLight Structures AS won the contract to provide a Hull Stress Monitoring System for two new hybrid-power, double…
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IMLI Director Attard Wins International Maritime Prize
The outgoing Director of the IMO International Maritime Law Institute (IMLI), Professor David Joseph Attard, has been selected by the IMO Council to be the recipient of the International Maritime Prize for 2021. Professor Attard was nominated for the a...
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Indonesia Jails Captain of Tanker Arrested for Illegal anchorage
The captain of a fuel tanker arrested by the Indonesian navy in May on suspicion of illegally anchoring in its waters has been jailed for 15 days and fined 200 million rupiah ($13,350), a navy spokesman said on Wednesday.The Nord Joy, a Panama-flagged ...
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Container Shipping: “Fluctuating fortunes for Ocean and Air Freight out of Far East
While spot rates head in the right direction for ocean freight from the Far East to the South America East coast, short-term air freight rates are failing to take off on major intra-Asian and long haul trades, according to Xeneta.“Certainly…
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Beirut Port Fire Revives Trauma ahead of Blast Anniversary
A fire smoldering for days at Beirut port has revived painful memories of the explosion that devastated the Lebanese capital in 2020, with the government struggling to find a way to extinguish it as the second anniversary of the blast approaches.The…
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Israel Sells Haifa Port for $1.2B
Israel said on Thursday it will sell Haifa Port, a major trade hub on its Mediterranean coast, to winning bidders Adani Ports APSE.NS of India and local chemicals and logistics group Gadot for 4.1 billion shekels ($1.18 billion).Gadot and Adani…
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