Operations
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New maritime security firms emerge on the back of ‘worrying’ return of Somali pirates
Similar to 15 years ago during the last Somalia piracy cycle, new maritime security companies are emerging. A total of…
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Baltimore bridge investigation targets ship’s electrical failure
Investigators in Baltimore are focusing on the Dali’s electrical power system and its circuit breakers and have called in the…
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Denmark bans scrubber discharges
Denmark’s government has joined the growing list of countries taking action against open-loop scrubbers, having reached a “broad political agreement”…
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Maersk unveils novel way ships can deliver fresh water to parched ports
Three Maersk employees, all former seafarers, have come up with a system to deliver fresh water from vessels to ports. …
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Geneva Dry Dialogues: Propel Marine
Established in 2018 and headquartered in Western Australia, Propel Marine has built a strong name for itself as a go-to…
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German owners invest in ‘Google Search’ for shipping
Berlin-based Flagship Founders has spun off its fifth startup which is developing an AI-powered information retrieval and management platform for…
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Panama Canal Authority warns restrictions will remain in place throughout 2024
The Panama Canal Authority (ACP) has claimed that the tide has turned in its ongoing battle to get back to…
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Levels of depression and anxiety increase among Ukrainian seafarers
Seafarer charity Stella Maris is warning that Ukrainian seafarers are experiencing increased levels of loneliness and depression amid fears of…
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Höegh Autoliners closes $920m financing
Norway’s Höegh Autoliners has secured $920m in new financing for newbuilds, secondhand purchases, repayment of existing debt and bolstering liquidity.…
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Wallenius Wilhelmsen nets $1bn deal in premium car segment
Oslo-listed car carrier operator Wallenius Wilhelmsen has revealed another lucrative multi-year contract. The new deal, worth more than $1bn, has…
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Houthis claim to have attacked ship in the Indian Ocean
The Houthis claimed over the weekend to have widened their area of operations, saying in a televised address they had…
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One dead and several injured in Pemex platform fire
At least one person has been killed and several others are injured in a fire that erupted on the Pemex-operated…
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Kotug pens deal with Padmos for construction of electric pusher tugs
Offshore towage specialist Kotug International has signed a framework agreement with Padmos for the construction of the entire lineup of…
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Panama Canal restrictions set to ease as rains roll in
Weather forecasts have plenty of rain heading Panama’s way with many in international shipping predicting that the worst has now…
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Industrial Jenga: the battle to reopen Baltimore port
The port of Baltimore could be up and running at full capacity by the end of next month under a…
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US targets Emirati shipmanager and 13 vessels in latest round of Iran-related sanctions
The US has imposed sanctions on a United Arab Emirates-based shipmanager and 13 vessels linked to its role in shipping…
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Washington seeks new ways to deescalate Red Sea shipping crisis
The US is trying a new carrot-and-stick approach in its dealings with the Houthis in Yemen. On the one hand,…
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Salvors wait for improved weather in Baltimore
Appalling weather conditions are set to ease in the coming days making salvage operations at Baltimore port easier. One of…
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Intercargo and RightShip launch centre of excellence for dry bulk shipping
Bulker owners’ association Intercargo and risk management platform RightShip have established an independent not-for-profit organisation dedicated to reducing operational incidents,…
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14% of Russian refining capacity offline as Ukrainian drones head further inland
Ukrainian forces hit Russia’s third-largest oil refinery with a drone strike on Tuesday but with no critical damage. This time…
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