Philly Shipyard said it has reached a deal with Avalotis Corporation affiliate Avalotis Industrial Services (AIS) for the transfer of operations of the shipbuilder’s Prime Plate Facility – a steel blasting and priming facility located outside the ship...
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UK Freeports Risk Harboring International Crime
A significant element of the U.K. government’s levelling up plan to create thousands of jobs, regenerate more deprived areas and attract overseas investors is the introduction of freeports. These special low-tax trading zones allow all kinds of busines...
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Baltic Dry Index Logs Fifth Straight Weekly Drop
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for the fifth straight week on Friday, pressured by weaker rates across vessel segments.The overall index, which factors in rates for capesize…
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Italy: Eight Migrants Found dead, Two missing on Ship off Lampedusa Coast
Eight migrants were found dead, and around 40 were rescued by the Italian coast guard overnight on a ship off the coast of the island of Lampedusa, Italian media reported on Friday. The rescuers took the survivors to the main port on Lampedusa…
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Uptime’s Gangway’s for Pelagic Wind Services CSOVs
Uptime International has secured two contracts with Cochin Shipyard in India, for the supply of logistics systems to be included on their newbuild offshore wind service vessels being built for Pelagic Wind Services. Uptime's scope includes complete per...
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Number of Ships Loading LNG in Spain Doubled in 2022
The number of ships loading liquefied natural gas (LNG) in Spain and taking it across Europe doubled in 2022 compared with the previous year, helping ease the energy crisis driven by Russia's invasion of Ukraine, gas grid operator Enagas said…
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Austal USA’s Spencer Johnson Honored by MACE
Shipbuilder Austal USA said its chief naval architect Spencer Johnson has been recognized by the Mobile Area Council of Engineers (MACE) as the Marine Engineer/Naval Architect of the Year. A tradition since 1967, MACE recognizes engineers in…
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Mitsubishi Shipbuilding and INPEX Complete Ammonia Bunkering Vessel Study
Mitsubishi Shipbuilding recently completed a conceptual study with INPEX CORPORATION for an ammonia bunkering vessel capable of supplying ammonia fuel to ships.Since ammonia does not emit carbon dioxide (CO2) when burned, it is expected to be…
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‘Spirit of Norfolk’ Fire Hearing Concludes
The U.S. Coast Guard and National Transportation Safety Board concluded the formal public hearing proceedings into the fire and total constructive loss of the passenger vessel Spirit of Norfolk Feb. 2, 2023.The joint investigation team reviewed…
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Price Cap on Russian Refined Fuels Set to Disrupt Trade
The European Union's ban on imports of Russian refined oil products, including diesel and jet fuel, will disrupt global flows once it takes effect on Sunday and could hurt Moscow more than an embargo on crude oil.Although Western sanctions could…
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