Even though the Indian sub-continent ship recycling markets have taken on a collection of smaller vessels of late, the week remains “sleepy” says cash buyer GMS.Virtually no deals have been concluded, and this has put the squeeze on the global…
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Esgian Week 10 Report: Additional Backlog Secured
Esgian reports that offshore drilling contractors secured additional backlog in the U.S. Gulf of Mexico, Egypt, Nigeria, and Brazil and operators confirmed new discoveries in Indonesia, Côte d’Ivoire, and China in its Week 10 Rig Analytics Market…
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Corvus Energy Develops Data-Driven State of Health Test
Corvus Energy has developed a DNV-accepted method for data-driven state of health (SOH) testing.SOH tests for marine battery systems are mandatory and give an overall assessment of the condition, performance and safety of the batteries over time.
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Gaza Aid Ship Waiting to Sail
A ship carrying tonnes of food for Gaza remained docked in a Cyprus port on Sunday as preparations were underway to launch a yet untested maritime aid route to the enclave, where the United Nations estimates a quarter of the population faces starvation...
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Vessel Off Yemen Reports Explosions in Sea, Vessel and Crew Safe
A vessel travelling 50 nautical miles southeast of Yemen's city of Aden reported on Friday two explosions in the sea ahead of it, but the vessel and crew were reported as safe, the United Kingdom Maritime Trade Operations (UKMTO) said.Yemen's…
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Third Sanmar ElectRA Tug Arrives in Vancouver
A third electric-powered tug built by Sanmar Shipyards in Turkiye has arrived in Vancouver, Canada, to join HaiSea Marine’s fleet.HaiSea Brave will work in Vancouver alongside its sisters HaiSea Wamis and HaiSea Wee'git before all three – along…
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EH Group’s 250kW Marine Fuel Cell System Earns AIP from DNV
EH Group said its EH Fuel Cell System TRACE-M250, designed for high power and maritime applications, has been awarded approval in principle (AIP) following an assessment by classification society DNV to confirm that the fuel cell design meets all the a...
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Gram Car Carriers Refinances Viking Adventure
Norwegian shipowner Gram Car Carriers announced it has refinanced the Viking Adventure with an undisclosed Japanese bank.The new $41 million loan has a duration matching the vessels current charter ending in mid-2028 and a margin of SOFR +1.73%.
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Kyrgyzstan Joins the IMO as 176th Member State
The Kyrgyz Republic has joined the International Maritime Organization (IMO). The United Nations agency, responsible for regulating shipping, now has 176 Member States. Kyrgyzstan deposited its instrument of acceptance to the IMO Convention with the Un...
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