Shipowners and cash buyers continue to struggle with the ongoing tonnage shortage as sub-continent ship recycling markets continue down their current trajectory, says cash buyer GMS.Negativity is permeating across the industry on the back of…
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Esgian Week 34 Report: Appraisal Activity is High
Esgian provides an update on drilling and demand across several regions in its Week 34 Rig Analytics Market Roundup.Report SummaryDrilling Activity and DiscoveriesIthaca Energy expects results from sidetrack appraisal drilling at its K2 prospect…
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Penultimate Independence-Variant LCS Commissioned
The U.S. Navy commissioned Independence-variant littoral combat ship USS Kingsville (LCS 36) at the Solomon P. Ortiz Center, on August 24.Kingsville, the 18th Independence-variant LCS, is the first to bear this name and pays homage to the city of Kings...
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Voyage Optimization Plan Led to Grounding of Bulk Carrier
The UK Marine Accident Investigation Branch (MAIB) has released its preliminary assessment of the grounding of the bulk carrier Indian Partnership on April 23, 2023, and implicated voyage optimization planning.The UK-registered bulk carrier…
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Singapore Plays Central Role in Exercise SEACAT
This year’s multilateral Southeast Asia Cooperation and Training (SEACAT) exercise, an annual event conducted by the United States Navy which took place from August 12 to 23, 2024, focused on strengthening regional responses to maritime security threat...
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New CEO Ready to Lead AMSA
Kaylene Dale has been appointed the new CEO of the Australian Maritime Safety Authority (AMSA), starting on October 1, 2024.Dale brings extensive experience in Commonwealth regulatory settings and with the maritime sector. This includes working…
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China Uses Water Cannons in South China Sea Clash
The Philippines and China clashed in disputed waters of the South China Sea on Sunday over what Manila said was a resupply mission for fishermen, the latest in a series of sea and air confrontations in the strategic waterway.The incident overshadows…
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Bayesian Yacht Disaster: How Specialist Search and Rescue Teams Work Underwater
Search and rescue for missing persons is always challenging for the specialist recovery teams involved, regardless of the environment they’re working in.But the teams looking for the missing aboard the Bayesian yacht which sank off the coast of Sicily ...
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GE Vernova Turbine Blade Fails at UK’s Dogger Bank Offshore Wind Farm
GE Vernova's shares fell nearly 7% on Friday following a turbine-blade failure at an offshore wind farm in the UK, the latest in a string of incidents involving the power service firm's equipment.The incident was reported at the Dogger Bank A project…
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Fires Seen on Abandoned Tanker Sounion Hit by Houthis in the Red Sea
Three fires have been observed on board a Greek-flagged oil tanker in the Red Sea, The United Kingdom Maritime Trade Operations (UKMTO) said on Friday, one day after it was evacuatedby its crew after being attacked by Yemeni Houthi militants.The Houthi...
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