Kinder Morgan's shipping arm, American Petroleum Tankers, has been awarded a $28,548,000 charter contract option for one of its MR tankers, Empire State.The U.S. Department of Defense (DOD) announced the deal earlier this week, stating the option is th...
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False Alarm, Loss of Propulsion Leads to Cargo Ships Colliding
A loss of propulsion due to a false alarm led to cargo vessels colliding near Port Arthur, Texas last year, the National Transportation Safety Board (NTSB) said Thursday.While transiting the Sabine Pass on August 21, 2022, the general cargo…
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US Shipyards Investing to Add Serious Lifting Power
Shipyards across the U.S. are investing in new equipment to increase lift capacity, opening up the door for more projects and improved efficiency.Southern California-based Marine Group Boat Works, which performs a mix of yacht, commercial and governmen...
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Kamsarmax Rotor Sails Install Expected to Deliver 10% Fuel Savings
The installation of rotor sails on board a 82,000 dwt Kamsarmax bulk carrier is expected to generate a 10% reduction in fuel burn and emissions.The TR Lady was retrofitted with three 5×24m rotor sails from Anemoi Marine Technologies at China's Chengxi ...
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Baltic Dry Index Nears Three-month Peak on Demand for Smaller Vessels
The Baltic Exchange's main sea freight index rose to its highest level in nearly three months on Thursday, propelled by gains in smaller panamax and supramax vessels.The overall index, which factors in rates for capesize, panamax and supramax shipping ...
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Event Preview: American Maritime Forum October 24-25, 2023, Miami
IGGS Group, a maritime networking specialist, is taking the helm to organize the American Maritime Forum in Miami on October 24-25, 2023. This event carries significant weight within the maritime sector, bringing together key players from the local, Am...
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IBIA Appoints Dr. Edmund Hughes as Its New IMO Representative
The International Bunker Industry Association (IBIA) announced the appointment of Dr. Edmund Hughes as its International Maritime Organization (IMO) Representative, effective from September 1, 2023. Dr. Hughes will succeed Unni Einemo.A prominent figur...
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Afghans Recount Moment Migrant Boat Sank on Deadly Channel Crossing
Idris, 22, was convinced he was going to die when the small boat he and dozens of other migrants were on began to sink in the Channel as he tried to reach England from France.It was only thinking of his parents back home, and the fact that he had embar...
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Lawmakers Urge Biden to Resolve Offloading Delay of Seized Iran Oil Tanker
U.S. lawmakers from both political parties have urged President Joe Biden and members of his administration to resolve a months-long delay in the transfer of a cargo of oil from a seized Iranian tanker off Texas.The Suez Rajan has been stuck…
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Panama Canal Extends Transit Restrictions through September 2
The Panama Canal Authority on Wednesday notified shippers it is extending through September 2 restrictions for vessels to transit through the waterway and keeping the number of vessels authorized to pass per day to a maximum of 32.The Canal restriction...
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