The Panama-flagged vessel, the Eventin, was moved on Thursday (April 17) to the Nordperd anchorpoint, about 3 nautical miles from its previous position. According to official sources it is now at an anchorage where ships carrying dangerous goods…
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Russian Arctic Oil Exports to China Increase With More STS Transfers, Avoiding US Sanctions
Russia’s Arctic oil exports to China are set to rise sharply this month buoyed by a jump in ship-to-ship transfers at sea to ensure tankers pulling into port are not on U.S. sanctions lists, according to traders and data from Vortexa.The Arctic…
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Global Shippers Await Word on US Port Fees for China-Linked Vessels
The U.S. Trade office will this week announce its plan for levying port fees on China-linked ships as part of President Donald Trump's effort to revive domestic shipbuilding and counter China's dominance on the high seas.The proposed fees on China-buil...
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Asian Spot LNG Prices Remain at One-Year Low Amidst Supply Disruptions
Asian spot liquefied natural gas (LNG) prices remained at a near one-year low this week, as supply disruptions from three export facilities in the region and some buying interest capped losses fuelled by overall weak demand.The average LNG price…
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Rhine River: Rising Levels Allow For Increased Shipping Capacity
Rain in past few days has raised Rhine river water levels in Germany, with vessels able to carry more cargo although most are still sailing around half full, commodity traders said on Thursday."Large volumes of rain have fallen in the Rhine…
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Petronas’ Bintulu LNG Complex: Production Issues
Petronas' Bintulu liquefied natural gas (LNG) complex in Malaysia is experiencing production issues, two industry sources said on Thursday, though offtakers say supply is not expected to be affected.One of the sources added that the production problems...
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Mitigate SCC & HE to Keep Offshore Metal Structures Ship Shape
Understanding, finding and deploying strategies to mitigate stress corrosion cracking (SCC) and hydrogen embrittlement (HE) are essential to protecting investments in offshore structures. Paula Lepore, Global Projects Engineering Manager and Anshul God...
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Noatum Maritime, ASRY Mark Commencement of JV with Tugboat Delivery
Noatum Maritime and The Arab Shipbuilding and Repair Yard Company (ASRY) marked the operational commencement of their joint venture (JV) to provide integrated marine services in Bahrain, with the arrival of four modern tugs at ASRY’s headquarters.The a...
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Saipem Renews Offshore Activities Agreement With Saudi Aramco
Saipem has signed a renewal for its framework agreement with Saudi Aramco. The Long-Term Agreement (LTA) now extends until the end of 2027.With the renewal of the LTA, Saipem is reconfirmed in the exclusive list of contractors selected by Saudi Aramco ...
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Fugro, Damen Support the Royal Netherlands Navy With Surveillance Vessel and Crew
Fugro and Damen have teamed up to provide the Royal Netherlands Navy (RNLN) with a surveillance vessel and operating crew. The Dutch Ministry of Defence has contracted this new partnership to enhance its marine security and surveillance capabilities.
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