Estonia has launched a €25 million ($28 million) government grant designed to encourage the reconstruction and greening of passenger and cargo ships, tugboats and other port and auxiliary vessels in Estonian ports.This makes Estonia one of the…
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First of Its Kind LCO2 Barge Design Approved for U.S. Operation
ABS awarded approval in principle (AiP) to Overseas Shipholding Group, Inc. (OSG), the parent company of Aptamus Carbon Solutions, for its preliminary design of a liquefied carbon dioxide (LCO2) barge.The development of the barge design is a…
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Chevron’s Venezuela Oil License to Expire May 27
Oil producer Chevron's U.S. license to operate in Venezuela will expire on May 27 as planned, Secretary of State Marco Rubio said in a post on his personal X account.Rubio's post contradicted U.S. special envoy Richard Grenell's contention on…
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Chem Carriers Finalizes Fleet-Wide Shift to Mitsubishi Engines
Chem Carriers has completed the repower of the M/VCapt. Robert J. Banta, marking the final vessel in its current fleet to be powered by Laborde Products-supplied Mitsubishi engines. The twin-screw towboat is now running on twin Mitsubishi Tier 3 S12R-Y...
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ECOsubsea: Closed-Loop Hull Cleaning Is a Regulatory Imperative
The shipping industry faces mounting regulatory pressure to mitigate the transfer of invasive species via hull biofouling. The global detrimental impacts of sea vomit (Didemnum vexillum) is just one stark example of the damage caused by unmanaged hull ...
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Egypt In Talks to Buy LNG Cargoes Amidst Energy Crunch
Egypt is in talks with energy firms and trading houses to buy 40-60 cargoes of liquefied natural gas (LNG) amid a worsening energy crunch ahead of peak summer demand, three sources aware of the matter told Reuters.The country faces spending up to $3 bi...
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China, Philippines Blame Each Other for South China Sea Confrontation
China and the Philippines traded accusations on Thursday following a confrontation between two of their vessels in contested waters of the South China Sea, the latest incident in a long-running maritime standoff in the strategic waterway.The…
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MOL, MVM to Jointly Charter Oil From Azerbaijan to Central Europe
Hungarian oil and gas group MOL and state-owned energy company MVM will jointly charter tankers to ship up to 160,000 metric tons of crude oil a year from Azerbaijan to further diversify energy supply for Hungary and Slovakia, MOL said on Thursday.The ...
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M/V Donny Mudgett: First Delivery in Hines Furlong’s 11-Vessel Newbuild Program
Hines Furlong Line has taken delivery of the M/V Donny Mudgett, the first vessel completed in its eleven-vessel newbuild program. Built at Intracoastal Iron Works in Bourg, Louisiana, the M/V Donny Mudgett is powered by three Mitsubishi Tier 3 S6R2-Y3M...
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