The cancellation of a license for Chevron to operate in Venezuela could lead to the negotiation of a fresh agreement between the U.S. producer and state company PDVSA to export crude to destinations other than the United States, sources close to the ta...
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Louis Dreyfus Armateurs Starts Talks for Majority Stake Sale to Private Equity Firm
Louis Dreyfus Armateurs (LDA) and InfraVia, a private equity company in Europe, have entered into exclusive negotiations for InfraVia to acquire a majority stake in LDA, a group specializing in high value-added industrial marine services.LDA currently ...
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DFDS Secures Freight Ferries Services Contract with Danish Defence
Danish international shipping and logistics company DFDS has entered an agreement with the Danish Defence to provide freight ferries for transport of military equipment.The partnership will support on military operations and missions. The contract…
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First Steel Cut for North Star’s Hybrid-Electric SOV for EnBW
North Star and its shipbuilding partner Cochin Shipyard have cut first steel on EnBW’s new hybrid-electric service operations vessel (SOV), which is on decade-long minimum charter to service the He Dreiht wind farm off the coast of Germany from…
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WinGD Getting Ready to Deliver ‘Biggest’ Methanol-Fueled Engine Built to Date
Swiss marine power company WinGD’s first methanol-fueled engine is to be delivered to shipyard after passing factory and type approval tests, ahead of installation in 16,000 TEU container ship.The ten-cylinder, 92 bore X-DF-M engine is said…
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Nano-Biotechnology Fuel Additive Helps Reduce Emissions
As the global shipping industry wrestles with the challenges of meeting its 2050 decarbonization goal, additive manufacturer Fuelre4m aims to enable ship operators to improve efficiency and reduce emissions now.Fuelre4m’s Re4mx products use nano-biotec...
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Great Lakes Water Levels Currently Below Average
The Great Lakes Water Levels Boards of the International Joint Commission have provided an updated summary of current water level conditions.Water supply conditions throughout much of 2024 resulted in near average water levels throughout the…
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Cargo Lost Due to Incorrect Cargo Weight Data
The input of incorrect container cargo weight data when developing the cargo loading plan led to shipping containers falling off the President Eisenhower container ship and others becoming damaged, the National Transportation Safety Board has found.On ...
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US Coast Guard Ship in Tasman Sea Did Not Interact with Chinese Navy
A U.S. Coast Guard cutter crossing the Tasman Sea as part of maritime security cooperation with Australia and New Zealand knew Chinese naval ships were in the area but had no interaction with them, its commanding officer said on Tuesday.China's…
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Taiwan Detains Ship after Undersea Cable Disconnected
Taiwan's coast guard said it detained a China-linked cargo ship on Tuesday after a nearby undersea cable to the Penghu Islands in the sensitive Taiwan Strait was disconnected.Taiwan, which China claims as its own territory, has repeatedly complained…
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