The Maritime and Port Authority of Singapore (MPA), the Port of Rotterdam Authority and 20 partners in the Green & Digital Shipping Corridor are working to reduce 20% to 30% of emissions from international shipping by 2030. This was agreed at the third...
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Europe’s Ports See First Signs of Business Leakage
The European Sea Ports Organisation (ESPO) has reiterated its support for an emissions trading scheme (ETS) as instrument for greening the shipping sector, but expresses its serious concern about first signs of carbon and business leakage due to the li...
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Positive Volumes for Dry Bulk Trade, but Prospects Set to Dampen
The unwinding of supply chain inefficiencies and rising vessel orders are set to dampen positive deadweight demand in the dry bulk market, according to Maritime Strategies International (MSI).COVID-related supply chain inefficiencies and associated…
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Portugal and Norway Team Up on Floating Offshore Wind
The Portuguese cluster Forum Oceano and Norwegian Offshore Wind have signed a Memorandum of Understanding (MoU) to strengthen collaboration between the supply chains in the two countries.The MoU aims to lay the ground work for new contracts…
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Japanese Yard Orders 16 HiMSEN Methanol Engines
HD Hyundai Heavy Industries - Engine & Machinery has announced that it recently signed a contract for 16 sets of HiMSEN methanol dual-fuel engines (8H32DF-LM) and selective catalytic reduction systems with Tsuneishi Shipbuilding in Japan.The…
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Tanker Involved in US Seizure of Iran Oil Cargo Changes Name
An oil tanker confiscated by the United States for carrying Iranian oil and diverted to the U.S. Gulf Coast, was headed to the Bahamas on Wednesday under a new name, ship tracking data showed.The tanker Suez Rajan was the subject of attention this year...
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All American Marine Delivers Research Vessel for the University of Hawai’i at Mānoa
Bellingham, Wash. shipbuilder All American Marine (AAM) announced it has delivered a new research vessel for the University of Hawai’i at Mānoa on behalf of the Hawai’i Institute of Marine Biology (HIMB).The state-of-the-art research vessel…
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Remote Operations: Challenges & Opportunities
Digitalization in the maritime industry continues to grow. Technology is constantly evolving, providing organizations with new ways to transform and manage their operations with adoption of technology creating first-mover advantage and future relevancy...
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Maritime Propulsion: The NSMV Power Play
The quest to build a series of five National Security Multi-Mission Vessels (NSMVs), which will serve as training ships for five U.S. maritime academies, has drawn a broad cadre of suppliers. The powerplant was a main focus, helping to evolve…
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Radix Wins $11.5M Contract from Petrobras
Petrobras awarded Radix a contract to develop projects for Floating Production, Storage, and Offloading (FPSOs). The agreement will last 31 months, with services estimated at $11.5M (USD). The contract includes developing multidisciplinary engineering…
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