Emergency distress signal manufacturer Wescom Group has expanded its presence in the marine survival market with the acquisition of Marine Rescue Technologies (MRT).The UK-based personal locator beacon manufacturer became part of Wescom Group from Nov...
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Diana Shipping Expands Bulker Fleet
Greece-based dry-bulk shipping firm Diana Shipping has taken delivery of the m/v DSI Phoenix (formerly “STH Chiba”), a 2017-built Ultramax dry bulk vessel of 60,456 dwt. The vessel is one of nine modern Ultramax dry bulk vessels that the Company…
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BP Hires Siem Offshore’s Battery Hybrid PSV for Operations in Canada
Norwegian offshore vessel owner Siem Offshore has secured a 4-6 month contract starting in the second quarter with BP in Canada. The battery hybrid PSV Siem Symphony will mobilize to Canada for the contract. Siem Symphony was last in Canada in 2019.
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Ecospray’s MCFC Tech Gets RINA Nod
Ecospray has informed that RINA has confirmed that the CO₂ reduction achieved by the new Molten Carbonate Fuel Cells (MCFC) technology for Carbon Capture (CC) in shipping, developed by Ecospray, matches the expected targets announced by the…
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Meyer Turku Delivers Cruise Ship Carnival Celebration
Finnish shipbuilder Meyer Turku on Wednesday delivered the liquefied natural gas (LNG) fueled cruise ship Carnival Celebration to Carnival Cruise Line.Tim Meyer, CEO of Meyer Turku, describes this ship's handover as special in many ways: "First of all…
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Baltic Index Extends Fall on Lower Vessel Demand
The Baltic Exchange's dry bulk sea freight index extended its fall to an 11th session on Wednesday, as demand waned across all segments.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels carrying dry bulk comm...
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Indonesia Calls Off Search for 17 Missing after Boat Fire
Indonesian authorities have halted the search for 17 missing passengers from a boat that caught fire while at sea last week in East Nusa Tenggara, believing the probability of their survival to be low, a local rescue official said on Wednesday.
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NYK to Order Two LNG-Fueled Large Coal Carriers
Japan's NYK is set to order two LNG-fueled large coal carriers from Oshima Shipbuilding Co., Ltd. The vessels are scheduled to be delivered in 2025."This ship order is a part of a bulk carrier fleet development aimed at achieving net-zero greenhouse…
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US Mid-term Elections Bring Changes, Uncertainty in Congressional Maritime Leadership
Regardless of whether the Republicans seize or the Democrats maintain control of the House and Senate, there is a guarantee that changes in leadership will occur in some of the key Congressional leadership positions that will impact the maritime industry.
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Australia Orders Another Patrol Boat from Austal
Australian shipbuilding group Austal Limited announced that the Australian Government has ordered an additional Guardian-class Patrol Boat from Austal Australia for A$15.2 million.The 39.5-meter steel hull patrol boat, to be constructed in Western Aust...
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