Inmarsat Maritime, a Viasat company, supported by Maritime London, have established SEA-CARE as a new industry working group whose goal is to scrutinize maritime safety and how pooling information can improve it.The new working group, comprised of stak...
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Van Oord Takes Delivery of Giant Offshore Installation Vessel Boreas
A brand-new offshore installation vessel Boreas has been handed over to Van Oord during a festive ceremony at the Yantai CIMC Raffles Offshore shipyard in China.The Boreas, named after the Greek god of the Northern winds, is purpose-built for…
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DeepOcean Adds High-Spec Subsea Vessel to Its Fleet
Ocean services provider DeepOcean has signed a charter contract for the high-spec subsea vessel Orient Adventurer.The new capacity aligns with the company’s service offerings and subsea capabilities across both the offshore renewables and conventional…...
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Shipbuilding: Container Ship Order Book Soars to New Heights
“At the end of 2024, the container ship order book was 8.3m TEU, a new record compared with the previous high of 7.8m TEU in early 2023,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO.As 4.4m TEU were contracted during 2024, the second highest ...
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FMD’s Hunt Valve Wins $96M in POs for Submarine Valves
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), announced that its Hunt Valve operation has been awarded purchase orders totaling $96 million to provide valves in support of the construction of 12 new Virg...
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Maritime News Roundup: Shipbuilding, Wreck Removals and Subsea Security
A few choice 'news of note' from other leading new sources around the globe - January 6, 2025.2025 Target: $18.5B in Shipbuilding Order According to Business Korea, HD Korea Shipbuilding & Offshore Engineering set its shipbuilding target for 2025 at $1...
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Subsea Cables “Torn Apart” by External Force, says Elisa
A pair of telecomm cables appeared to have been torn apart by a strong external force, Finland's Elisa said today, adding that they had now been repaired. The cables were damaged in the Baltic Sea on Dec. 25, 2024.Finnish police seized the Eagle S tank...
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Amid Falling Suez Canal Revenue, Egypt to get $1.2 bln IMF Boost
Egypt is expected to receive a $1.2 billion disbursement from the International Monetary Fund this month as part of an $8 billion program with the international lender, Finance Minister Ahmed Kouchouk said on Sunday.Last month, the IMF said…
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BoatUS’ Sensenbrenner Appointed to NBSAC
Ted Sensenbrenner, BoatUS Foundation Director of Boating Safety, has been appointed by Director of Homeland Security Alejandro Mayorkas as a Representative to the National Boating Safety Advisory Committee (NBSAC).A coalition of recreational boating sa...
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New Bunkering Service Debuts in Canadian Port
The port of Prince Rupert has welcomed the startup of Wolverine Terminals’ marine bunkering service for deep sea shipping, adding a key logistical capability to this strategic deepwater port on the west coast of Canada. Using a unique pair of barges de...
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