Dutch marine services firm Boskalis has announced the latest addition to its fleet, a giant subsea rock installation (SRI) vessel with a cargo capacity of 45,500 metric tons, which is set for delivery in the first quarter of 2026.The vessel…
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Bright Outlook for Ship Recycling
2025 seems to have started on an optimistic note in the ship recycling markets, with a noticeable willingness to buy from various buyers across the Indian sub-continent, reports cash buyer GMS.However, although the turn of the year seems to be bringing...
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TMC Compressors Chosen for Maersk Newbuildings
Yangzijiang Shipbuilding Group has awarded a contract to TMC Compressors to deliver its Smart Air compressors to six mid-sized dual-fuel methanol container ships that it is building for Maersk.Under the contract, TMC Compressors (TMC) will provide…
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Russia Clearing Beaches After Black Sea Oil Spill
Russia declared a regional state of emergency on Saturday in Crimea, which it seized from Ukraine in 2014, as workers cleared tons of contaminated sand and earth on either side of the Kerch Strait following an oil spill in the Black Sea last month.Mikh...
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Biden Expected to Ban Oil and Gas Development on Millions of Offshore Acres
President Joe Biden is set to ban new offshore oil and gas development across 625 million acres (250 million hectares) of U.S. coastal territory, Bloomberg News reported on Friday.The ban, to be announced on Monday, rules out the sale of drilling…
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Subsea Sabotage in the Baltic Sea – a Timeline for Perspective
A Finnish court today denied a request for the release of an oil tanker suspected by police of damaging an undersea power line and four telecommunications cables in the Baltic Sea last week. The incident was one of several since 2022 in which…
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Podcast: Fascinated by Shipwrecks; USS Monitor Digitally Reimagined
“With all the archival data and that real archaeological data coming together, we’ve built the most accurate virtual model ever of Monitor, and I'm not just talking just the shell of it. Every single nut and bolt is there.” Tane CasserleyThe…
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PDVSA 2024 Oil Exports Climb in Choppy Year
Venezuela's oil exports rose 10.5% last year despite political instability and changes to the U.S. sanctions regime on the country, as partners of state oil company PDVSA took more cargoes under licenses granted by Washington.As President Nicolas…
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Green Technology & Alternative Fuel Uptake
Clarksons Research have today released their latest Green Technology Tracker, including full year 2024 data points, charting the progress of alternative fuel uptake and investments in energy saving technologies across the global shipping fleet.Summariz...
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Wärtsilä makes Dow Jones Sustainability Index Again
Technology group Wärtsilä has been included as an index component of the Dow Jones Sustainability Index Europe (DJSI) for the ninth consecutive time.The company was assessed based on its 2023 performance and was ranked within the top four per…
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