Samskip has extended its commitment to sustainable biofuels in shortsea shipping operations, calculating that it will make 45,000 tonnes in additional CO2 emissions savings before the year is out as a result.The European multimodal group has signed a n...
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Two Koreas Exchange Warning Shots Near Sea Border
North and South Korea exchanged warning shots off the west coast on Monday, accusing each other of breaching their maritime borders amid heightened military tension.The South's Joint Chiefs of Staff (JCS) said it broadcast warnings and fired…
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Tuscany Requests Costly Compensations for New Italian LNG Terminal
The region of Tuscany has asked for hundreds of millions of euros in investments in exchange for allowing a new liquefied natural gas (LNG) terminal in the Tuscan port of Piombino, the Italian region said.In a statement on Monday, the region's administ...
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Spain Moves Yacht Linked to Russian Oligarch After Payments Stop
Spanish authorities moved a luxury yacht linked to the sanctioned head of Russian defence group Rostec after the shipyard where it was berthed stopped receiving payments for its repairs, a transport ministry source said.The multi-million-dollar Valerie...
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Markey Machinery Attracts Outside Investment to Expand
Markey Machinery is a storied marine company, starting operations in 1907, when a Charles Markey, fresh from a two-year trading expedition on the Alaska and Siberian coast, launched the C.H. Markey Machinery Company serving both the marine and…
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WSP USA Hires Harris as Navy Program Director
WSP USA, an engineering, environment and professional services consultancy, has hired Charles "Chuck" Harris as Navy program director for the firm’s Federal Programs national business line.In his new role, Harris directs the growth of the Federal team’...
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Tanker Unscathed After Failed Drone Attack in Yemen
A Greek oil tanker is unscathed after being targeted by a Houthi drone attack in Yemen's port of Ash Shihr.Okeanis Eco Tankers Corp. said its Marshall Islands-flagged very large crude carrier (VLCC) Nissos Kea was loading in Ash Shihr on October…
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Inland Waterways in Focus: Balancing Maintenance and Operational Requirements
The integrity of the marine transportation system as a key plank in a country's economic prosperity is in heightened focus today, with logistics snarls contributing to fast rising inflation. Maintaining the integrity of the vast U.S. inland waterway sy...
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MSC to Acquire Towage Operator Rimorchiatori Mediterranei
Swiss-headquartered shipping giant MSC Mediterranean Shipping Company SA continues to expand with an agreement to acquire towage provider Rimorchiatori Mediterranei.The company announced Sunday a deal through its wholly owned subsidiary SAS…
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Shipbreaking Market Continues to Dim
The world gathered this week at a ship recycling conference in Dubai, for the first time in three years due to the onset of the pandemic. The big topics of the day were discussed, including various green and ESG measures being introduced to…
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