Danish shipping company A.P. Moller - Maersk announced it has signed an agreement with Norwegian energy company Equinor to secure supply of methanol for its new methanol-enabled feeder vessel during its initial months of operation from September…
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Failure to Maintain Crane Barge Led to $6 Million Loss
A barge owner’s lack of inspection and maintenance led to the capsizing and sinking of a crane barge last year in the Gulf of Mexico, the National Transportation Safety Board (NTSB) said.The crane barge Ambition was being towed when it capsized and san...
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First NSMV Empire State Delivered
Philly Shipyard on Friday delivered Empire State, the lead vessel in a series of five new training ships being built to serve America's state maritime academies. Delivered to the U.S. Department of Transportation's Maritime Administration (MARAD)…
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Glamox to Install LED Lighting on Eight PGS Seismic Vessels
Lighting solutions specialist Glamox has won a contract from the Norwegian marine seismic survey firm PGS to provide marine LED lighting for eight of its seismic data acquisition vessels.This first phase of the retrofit project will involve replacing f...
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North Korea Is Growing Its Navy with Submarines and Nuclear Drones. But Why?
Over the past year North Korea has moved to boost its navy with new nuclear weapons, including an underwater drone, warships, and its first operational missile submarine, unveiled on Friday.North Korea's navy has historically been dwarfed by the countr...
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Virgin Voyages Raises $550 Million in Ares Management-led Fundraise
Virgin Voyages, the cruise brand from Richard Branson's Virgin Group, said on Friday it has raised $550 million in fresh capital to expand into new international markets.The funding was led by Ares Management with participation from existing investors…
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Philippines Condemns Chinese Harassment of Supply Boats to Disputed Atoll
The Philippines condemned China's coast guard and "maritime militia" on Friday for what it described as "illegal, aggressive and destabilising" behaviour towards its boats during a routine rotation and resupply mission in the South China Sea.Vice…
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US Says it Disrupts Illicit Oil Shipment by Iran’s IRGC
The United States on Friday said it has halted a multi-million dollar shipment of crude oil by the Islamic Revolutionary Guard Corps (IRGC) being shipped in violation of sanctions against Iran, and seized more than 980,000 barrels of contraband…
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New LCO2 Cargo Tank Design Gets KR Approval
KR (Korean Register) has granted an approval in principle (AIP) for a liquefied carbon dioxide (LCO2) cargo tank design, developed by Hyundai Mipo Dockyard (HMD) and HD Korea Shipbuilding & Offshore Engineering (HD KSOE), during this weeks Gastech…
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Sierra Leone Hit by Power Cuts after Turkish Power Ship Switches Off Supply over Unpaid Debt
Sierra Leone's capital Freetown has been hit by power cuts after Turkey's Karpowership switched off the electricity supply due to an unpaid debt of around $40 million, the energy minister said on Friday.Minister Kanja Sesay told Reuters that…
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