NYK Bulkship (Atlantic) N.V. has installed two wind-assist VentoFoils on the bulk carrier NBA Magritte at the port of Rotterdam. The vessel is engaged in a long-term charter contract with Cargill (USA).This is the first time a unit of this type…
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Australia Awards New Offshore Acreage
Australia has awarded new offshore acreage for petroleum exploration and carbon capture and storage (CCS) opportunities.The Minister for Resources and Northern Australia Madeleine King will finalize permits for Esso and Beach Energy in the Otway and So...
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Iran’s Revolutionary Guards Seize Tanker
Iran's Islamic Revolutionary Guard Corps has intercepted a Togo-flagged, UAE-managed products tanker carrying 1,500 tons of marine gas oil, the IRGC and British security firm Ambrey said on Monday.The vessel had loaded marine gas oil off the…
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Pentagon Eyes Growing Cooperation Between Russia and China in Arctic
Russia and China are increasingly cooperating in the Arctic region, which could impact regional stability, the U.S. military said as it released its strategy for the Arctic region on Monday.Russia has reopened hundreds of Soviet-era military sites in t...
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Seatrium Secures S$180 Million in Repair and Upgrade Projects
Seatrium Limited has secured a series of repairs and upgrades contracts with an aggregate value of S$180 million.All projects, with the exception of one, will be completed by end 2024. The range of complex contracts include major repairs on offshore ve...
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Spyros M Polemis Dies at 86
The Board of Directors of the International Chamber of Shipping (ICS) are deeply saddened by the death of Spyros M Polemis, who served as Chairman of ICS from 2006 to 2012.Polemis had a long history of leadership of the maritime industry, previously…
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Darley Names Lee J. Wise CFO
Darley—a Itasca, Ill. headquartered provider of technology and equipment to military and first responders, including pumps for fireboats—announced it has named Lee J. Wise as chief financial officer, effective July 22, 2024.Wise joins Darley from Covet...
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Spain Detains Cargo Ship Over Fuel Spill Near Ceuta
Spanish authorities have detained a German-operated cargo ship for causing a spill during a refueling operation near the Spanish enclave of Ceuta, Spain's Merchant Fleet said on Monday.The Antigua & Barbuda-flagged Tony Stark ship cannot leave…
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NASA Prepping Barge for Rocket Transport
NASA said its team members are installing pedestals aboard the agency’s Pegasus barge to hold and secure the massive core stage of NASA’s SLS (Space Launch System) rocket, indicating NASA barge crews are nearly ready for its first delivery to support t...
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Lomar Developing Autonomous Vessels with Kite Propulsion
Shipowner Lomar, part of the Libra Group, announced it is working to develop autonomous, low- or zero-emission cargo vessels using large kite systems as the main method of propulsion.Lomar said its corporate venture lab, lomarlabs, has signed…
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