Seattle shipyard Snow & Company has launched a new 15-meter hybrid catamaran research vessel that will be operated by the Pacific Northwest National Laboratory.The plug-in hybrid research vessel, Resilience, will be delivered to the Department…
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Shipping Industry Urges Caution on Use of Armed Guards on Red Sea Vessels
Shipping companies should use caution when deploying private armed guards onboard vessels sailing through the Red Sea and Gulf of Aden because of the risk of escalation amid growing attacks on ships, an industry advisory said on Friday.Yemen's Houthis ...
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Warship Rushes in to Investigate Suspected Pirate Attack off Somalia
A Spanish navy ship is sailing at full speed towards a Maltese-flagged commercial vessel that may have been hijacked by pirates off Somalia, the European Union's Somali counter piracy force said on Friday.If confirmed, it would be the first successful ...
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Edda Wind Secures Green Financing for Newbuild Program
Edda Wind announced it has entered into a green term loan facility agreement for the pre- and postdelivery financing of four new commissioning service operation vessels (CSOV) under construction at Vard.The agreement is a €161 million green…
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Vard Confirms Cable Layer Order
Norwegian ship designer and builder Vard on Friday announced it has signed a contract to construct a cable laying vessel for an undisclosed customer. The value of the contract is between EUR 200 – 250 million.The vessel is designed by Norwegian company...
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Maersk to Pause All Container Ship Traffic Through the Red Sea
Danish shipping company A.P. Moller-Maersk will pause all container shipments through the Red Sea until further notice, a spokesperson for the company told Reuters on Friday."Following the near-miss incident involving Maersk Gibraltar yesterday and yet...
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Yemen’s Houthis Attack Two Ships with Missiles
Attacks from Houthi-controlled Yemen struck two Liberian-flagged ships in the Bab al-Mandab Strait on Friday, a U.S. defense official said, underlining the threat to vessels in shipping lanes being targeted by the Iran-aligned group.Danish shipping com...
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Steel Cut on Seventh SunStone Infinity Cruise Ship
The steel cutting ceremony for the seventh and final vessel in the Infinity series of expedition cruise ships took place at the Haimen shipyard of China Merchants Heavy Industries (CMHI).The PC6 expedition cruise ship, yet to be named, will embark on a...
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MOL First Shipping Company to Issue ‘Blue Bonds’
Mitsui O.S.K. Lines, Ltd. has decided to issue “blue bonds” through a public offering in Japan’s domestic market in January 2024, reportedly the world’s first blue bonds in the shipping industry, which refer to the guidance provided by the Internationa...
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The Problem with Reducing Underwater Radiated Noise
If the global commercial fleet reduced its speed by 10%, it would reduce underwater radiated noise by 40%, but nothing’s ever that simple.The main thing holding the shipping industry back from reducing its underwater radiated noise (URN) is not a lack ...
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