Lloyd's Register (LR) will classify two methanol-ready Commissioning Service Operations Vessels (CSOVs) being built by VARD for the UK-based offshore vessel operator North Star."The new tonnage will increase North Star’s offshore wind capabilities…
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Royal Caribbean Raises Profit Target Again on Robust Cruise Vacation Demand
Royal Caribbean Group on Thursday lifted its full-year profit forecast for a third time and said bookings for the next year were "significantly outpacing" pre-pandemic levels by a wide margin, sending its shares up about 3%.Cruise operators…
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LR Grants AIP for LNG Dual-fuel VLCC Design
GTT and Deltamarin have obtained an approval in principle (AIP) from Lloyd's Register for their design of a dual-fuel very large crude carrier (VLCC), which incorporates a 12,500m3 liquefied natural gas (LNG) tank equipped with GTT's Mark III…
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Israel to Pay Compensation for Ships Damaged in Gaza War
Israel will provide compensation for ships that are damaged due to the war in Gaza and the government is taking steps to minimise risks for vessels using the country's ports, government advisories said.Israel has vowed to annihilate the Hamas…
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Metal Shark Building Fireboats for Anne Arundel County FD
Louisiana-based boat builder Metal Shark is building two welded-aluminum fireboats for Anne Arundel County Fire Department in Maryland.The new 50 Defiant NXT monohull pilothouse fireboats were designed by Metal Shark’s in-house engineering team…
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Silverstream and MAN Ink Collaboration Agreement
Silverstream Technologies announced it has signed a collaboration agreement with marine engine designer MAN Energy Solutions to explore solutions to drive retrofits and newbuild installations of its air lubrication system aboard vessels featuring…
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Sea Forrest’s Marine Battery System Earns BV Approval
Sea Forrest (SF), a provider of specialist marine electric propulsion and energy management solutions, has been awarded type approval from Bureau Veritas (BV) for its SEAGEN 11 modularized marine propulsion battery module system.SEAGEN 11 is…
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Container Shipping Fleet gets ‘Long in the Tooth’
Global container ship fleet is showing its age, reaching highest average age on record of 14.2 years.“Container ships have reached their highest average age yet at 14.2 years, the highest average age of the three main shipping sectors. The dry…
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Europe’s Offshore Wind Power Goal Hits New Snag: Security
As Europe turns to renewable sources to diversify energy supplies away from Russian oil and gas, a peaceful marine scene conceals a billion-dollar security headache.Rising above the Baltic Sea less than 10 km (6 miles) off the coast of Denmark, 161 win...
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Ocean Freight Shipping: Rough Seas Ahead, But Growth Still on the Horizon
The Xeneta Summit has heard the ocean freight shipping industry will find new ways of working together in the face of a volatile market.Stanley Smulders, Director of Marketing & Commercial at Ocean Network Express (ONE), took part in a keynote…
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