Dutch prosecutors said on Friday they had summoned shipbuilder Damen Shipyards on suspicion of violating EU sanctions against Russia and opened a separate case against the company and some of its executives for corruption.The company denied both sets o...
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Wind and Biofuel Power Odfjell’s First Near Carbon-Neutral Transatlantic Voyage
Odfjell’s chemical tanker Bow Olympus is currently crossing the Atlantic powered by a combination of wind-assisted propulsion and a certified sustainable 100% biofuel, marking the company’s first near carbon-neutral transatlantic voyage.Real…
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Trump Order Fast Tracks Subsea Mining
President Donald Trump signed an executive order aimed at boosting the deep-sea mining industry, marking his latest attempt to boost U.S. access to nickel, copper and other critical minerals used widely across the economy.The order, which Trump signed ...
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Outdraft Current Contributed to Ohio River Tow Strike
A barge tow struck a vane dike on the Ohio River last year because the pilot did not effectively compensate for the outdraft current while navigating out of the McAlpine Locks in Louisville, Kentucky, the National Transportation Safety Board…
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EU Requires Insurance Details from Passing Ships
The European Commission has adopted a new measure to enhance maritime safety and environmental protection around the EU’s coasts via an amendment to the Vessel Monitoring Directive (2022/59/EC).It now requires all vessels, including those merely passin...
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ABS’ Wiernicki to Retire at the End of 2025
At the 163rd ABS Annual Members Meeting, the classification society says it has never been stronger, with substantial growth and leading safety performance reported. Key numbers in 2004 included the fleet growing to 300 million gross tons, giving…
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BIMCO and ASBA Update Oil Tanker Charter Party
BIMCO and the Association of Ship Brokers & Agents (USA) Inc. (ASBA) have revised ASBATANKVOY, the only dedicated tanker form not associated with an oil major. The updated version of the voyage charter party addresses changes in the tanker trade…
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ICS: Updated Guide on Helicopter-Ship Operations
The maritime landscape has transformed dramatically over the past decade. With the global fleet expanding from approximately 1.7 billion deadweight tonnage in 2014 to roughly 2.4 billion today, a remarkable 40 per cent increase, helicopter-ship…
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Morocco Expresses Interest in Possible LNG terminal
Morocco, seeking to diversify its coal-dependent energy sector, took the first step on Wednesday toward locating a liquefied natural gas terminal near the Mediterranean city of Nador.Morocco's energy industry filed an expression of interest for the LNG...
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Tankers Chartered by Chevron to Move Venezuelan Crude Seek Other Business
Some tankers Chevron had chartered to move crude from Venezuela to the United States this month are now being marketed for spot contracts elsewhere, sources said, after state company PDVSA canceled loading permits and ordered the firm to return…
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