A.P. Moller-Maersk's towage operator arm Svitzer on Thursday said it will limit vessel speeds across its entire tug fleet after a speed reduction pilot program led to considerable emissions reductions.Svitzer's so-called Aim for 8 speed initiative—firs...
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FSG, Oceanex to Develop Climate-neutral ConRo vessel
German shipbuilder Flensburger Schiffbau-Gesellschaft (FSG) and Canadian shipping company Oceanex are teaming up to design a climate-neutral and highly efficient ConRo (container RoRo) vessel.As part of a recently signed memorandum of understanding (Mo...
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Baltic Dry Index Slides Sharply as Capesizes Hit Two-year Trough
The Baltic Exchange's main sea freight index registered its worst fall in three months on Thursday, weighed down by lower demand for coal and iron ore cargoes as steel output fell in China.The overall index, which factors in rates for capesize…
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Damen Delivers Cutter Suction Dredge from Stock in 44 Days
Dutch shipbuilding group Damen reports it has delivered a new cutter suction dredge (CSD) to HAC Cranes for an end user in Kuwait.The stationary CSD650 dredger, named GD4000, was mobilized from stock and outfitted, inspected and delivered from the yard...
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Cuba Boosts Fuel Imports, Reshuffles Shipping Operations After Terminal Fire
Cuba is using a combination of ship-to-ship transfers and floating oil storage to ease fuel scarcity and power cuts following a fire that destroyed a portion of its main oil terminal, vessel tracking data showed.Cubans have endured daily blackouts and ...
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Eye on Design: Flipping Small High-Speed Powerboats
Naval Architects can predict many things with great certainty. But the sea is an unpredictable task master and there are still a number of areas where it is difficult to get a technical handle on the problem.High speed planing boat stability…
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New Offshore Wind Crew Transfer Vessel Launched in UK
Marine engineering consultancy BAR Technologies on Wednesday held the official launch of its first BARTech 30 crew transfer vessel (CTV) from its premises on The Camber, Portsmouth, UK.BAR Technologies, Chair, Martin Whitmarsh - also Chair of…
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Sanctions-hit Russia Sending Fuel Oil to Asia, Ship-to-ship Terminals
Under pressure from Western sanctions, Russia is exporting more fuel oil to Asia and using ship-to-ship transfers to build larger cargoes for distant markets, according to traders and Refinitiv data.The European Union has been reducing imports…
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Kongsberg Maritime Launches ScanFuse Powered by Qii.AI
Kongsberg Maritime’s Sensors and Robotics Division has released ScanFuseTMpowered by Qii.AI, a web-based software application that enables Civil Engineers to create comprehensive mosaics of maritime assets above and below the waterline by harnessing…
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Great Lakes Announces $107 Million in New Dredging Contracts
The United States' largest dredging contractor Great Lakes Dredge & Dock Corporation on Wednesday announced the receipt of $107 million in new contract awards along the U.S. East Coast.The awarded dredging work includes: Norfolk Harbor Navigation Impro...
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