Torvald Klaveness sold 100% of Klaveness Ship Management AS shares to OSM Thome. Subsidiaries of Klaveness Combination Carriers AS, in parallel, have agreed to enter into new ship management agreements for its fleet with Klaveness Ship Management under...
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Russian Attacks on Ukranian Vessels Pinch Dry Bulk Market
“Since September 2024, five merchant ships have been hit by Russian missiles while in Ukrainian ports or waters. These were the first attacks on merchant ships since November 2023 and they could threaten 1% of the world’s dry bulk exports if safety is ...
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PERC Pushes for Propane Adoption in Material Handling Applications
In celebration of Clean Energy Month, the Propane Education & Research Council (PERC) has highlighted propane’s role as a clean energy source for material handling applications.Propane produces 52% fewer greenhouse gas emissions than an equivalent amou...
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Viking Orders Two Firm, Four Option Cruise Vessels from Fincantieri
Fincantieri and Viking signed contracts for the construction of two new cruise ships, which will build on the characteristics of previous ships already built in their Italian factories for this shipowner. The ships will be delivered in 2030.
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Russia Opts for Ship-To-Ship LNG Transfers to Free Up Ice-Class Tankers
Russia plans to arrange ship-to-ship transfers of liquefied natural gas and gas condensate in the Barents and Bering Seas to free up more ice-class tankers for its biggest LNG producer, Novatek, a draft project document showed on Tuesday.Novatek…
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Oil Firm Hires DOF Group’s PSV for Work Offshore Australia
Norwegian offshore vessel operator DOF Group has secured a multi-million dollar contract with international oil company for the platform supply vessel (PSV) Skandi Feisten.The vessel will continue with the current client on a new 18-months firm…
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MOL Inks Charter for Singapore’s First FSRU with Singapore LNG Corp
Mitsui O.S.K. Lines (MOL) has signed an agreement with Singapore LNG Corporation, Singapore's state-owned LNG terminal operator, on a long-term time charter contract for one newbuilding floating storage regasification unit (FSRU).The FSRU will be built...
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Puget Sound Naval Shipyard Adds New Dive Boat
The divers with Code 760, Regional Dive Locker at Puget Sound Naval Shipyard & Intermediate Maintenance Facility took delivery of a new purpose-built dive boat in May.The new boat replaces an Explosive Ordnance Disposal support boat built in…
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MAN Engines Introduces New MAN D3872 Engine
In the course of the market launch of the MAN D3872 for workboats, MAN Engines is expanding its portfolio with additional performance for heavy-duty applications. The new MAN D3872 in the LE427 variant for heavy-duty applications has an output of 920 k...
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Passenger Vessel Collision: Propulsion Trials Too Challenging
The Marine Accident Investigation Branch (MAIB) has cited survey failings in the results of its investigation into the loss of propulsion control and subsequent contact with a moored barge by Oceandiva London.On June 22, 2023, the inland waterways…
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