Tidal Transit has signed a memorandum of understanding (MoU) with two Asian firms to develop, fund, build and operate offshore support vessels for the South Korean offshore wind industry.The U.K. supplier of purpose-design crew transfer vessels…
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Accurate Data for Ship Logs, Voyage Optimization
SailTimer is using innovative technology to crowdsource weather data for ships. This type of data has never existed before, allowing ships to reduce fuel costs and greenhouse gas emissions.GRIB Weather Forecasts are Inaccurate: Let’s Stop Navigating…
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USCG rescues 4 after collision south of Block Island
The Coast Guard rescued four people Thursday night from a fishing boat after a collision between two fishing boats occurred approximately 10 miles south of Block Island, Rhode Island. At approximately 8:30 p.m. Thursday, Coast Guard Sector Long…
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Canadian, WTI Crude Prices to Asia Jump
Prices of Canadian and U.S. West Texas Intermediate crude oil to Asia jumped after shipping costs rallied on concerns that wider U.S. sanctions on the Russian fleet are tightening ship availability, trade sources said on Tuesday.Asian refiners…
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Maersk rules out early return to Gulf of Aden
Maersk will continue to divert vessels away from the Gulf of Aden and Red Sea and toward the southern tip of Africa despite Yemen's Houthis announcing they will curb their attacks on ships, the container shipping giant said on Friday.The Danish…
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Third Straight Weekly Loss for Baltic Index
The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Friday and posted its third straight weekly loss, weighed down by weaker rates across vessel types.The overall index, which factors in...
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Baker Hughes: US oil & gas rig count at lowest since Dec 2021
U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row to the lowest since December 2021, energy services firm Baker Hughes BKR.O said in its closely followed report on Friday.The oil and gas rig coun...
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Solstad Offshore Scoops Multiple Vessel Contracts
Norwegian offshore vessel owner Solstad Offshore has secured contracts with undisclosed clients for three of its offshore support vessels.The vessels that have been hired are Normand Jarstein, Normand Australis, and Normand Scorpion.Normand…
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DNV, HMD, KSOE Join Forces for Electric Propulsion Digital Test Standards
DNV has signed a memorandum of understanding (MoU) with HD Hyundai Mipo (HMD) and HD Korea Shipbuilding & Offshore Engineering (KSOE) to collaborate on developing new standards for using digital twins to test electric propulsion systems.The…
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Sulmara Assists Fuel Recovery Op from Typhoon-Struck Cargo Ship
Scottish subsea specialist Sulmara has supported a major fuel recovery operation from typhoon-struck cargo ship in shallow waters off Taiwan.At the request of the Taiwanese government, Sulmara mobilized a WAM-V 16 uncrewed surface vehicle (USV)…
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