On the back of freight markets that are finally facing their first set of 2024 jitters, the industry is gradually witnessing an increasing number of units being proposed for a recycling sale, all of which are being confirmed via the sudden influx…
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Unified Command Reflects on Key Bridge Disaster Response Efforts
Approximately one month has passed since the Singaporean-flagged container vessel M/V Dali allided with the Francis Scott Key Bridge on March 26. The bridge, which connects Hawkins Point and Dundalk, Maryland, collapsed into the lower Patapsco River…
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IACS Details Efforts on Decarbonization and Digitalization in Annual Review
The International Association of Classification Societies (IACS) has published its 2023 IACS Annual Review which includes a broad range of articles highlighting IACS’ work in 2023, with a strong emphasis on the significant advancements made…
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Esgian Week 17 Report: New Contracts for the North Sea
Esgian reports that new drilling contracts have been announced in the North Sea and West Africa in its Week 17 Rig Analytics Market Roundup.Report SummaryContractsShelf Drilling (North Sea) has secured a letter of award with an unnamed operator…
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Philippines Denies Deal with China over Disputed South China Sea Shoal
The Philippines on Saturday denied a Chinese claim that the two countries had reached an agreement over an escalating maritime dispute in the South China Sea, calling the claim propaganda.A spokesperson at China's embassy in Manila said on April…
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Iran Says Crew of MSC Aries to be Released
Iran’s foreign minister said the crew of a seized Portuguese-flagged ship linked to Israel have been granted consular access and are expected to be freed, Iranian media reported on Saturday.Iran's Revolutionary Guards seized the container vessel…
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Gaza Aid Flotilla Halted After Vessels’ Flag Removed
A humanitarian aid flotilla destined for Gaza was halted after Guinea Bissau decided to remove its flag from two vessels, activist group Freedom Flotilla Coalition said on Saturday."The Guinea-Bissau International Ships Registry (GBISR), in a blatantly...
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Nigeria Secures $600 Million Maersk Port Infrastructure Investment
Nigeria secured a $600 million investment in seaport infrastructure from Danish shipping company A.P. Moller-Maersk, the presidency said in a statement on Sunday.The investment was secured during a meeting between President Bola Tinubu and Moller…
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Kruger Named President of Austal USA
The Austal USA Board of Directors has elected Michelle Kruger as Austal USA President. She has been serving as interim president since August 2023.Kruger joined Austal USA in 2022 as the vice president of global services and support. In that…
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Tanker Enroute from Russia to India hit by Missile off of Yemen – Report
Three missiles were sighted approximately 15 nautical miles southwest of Yemen's Mokha, British security firm Ambrey said on Friday, and the United Kingdom Maritime Trade Operations (UKMTO) said that one vessel was damaged."The Master has reported two ...
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