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Two ships report blasts in the Red Sea off Yemen, maritime security agencies say

Two crude oil tanker ships reported coming under attack in the Red Sea off the coast of Yemen on Tuesday,...
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Italians Seized Weapons and Drones Smuggled in Containers Going to Libya

Italian police and customs authorities confirmed they seized a cache of weapons and two drones designed for military use from...
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Leading group of seven major operators accounted for over 40% of global port handling in 2023 – Drewry

While the total number of global terminal operators (GTOs) featuring in the Drewry league tables remained unchanged at 21 in...
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Mitsubishi Heavy Industries and Taiwan Fertilizer Sign MoU for Joint Study on Developing Fuel Ammonia Value Chain in Taiwan

Mitsubishi Heavy Industries, Ltd. (MHI) has entered into a Memorandum of Understanding (MoU) with Taiwan Fertilizer Co., Ltd. (TFC) to...
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The energy mix is not a zero-sum game: oil and the electricity grid

Electrification is often presented as oil’s great rival. If we are to believe some of the myths perpetuated about the...
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Iron ore slides as soft China demand heightens supply pressure

Iron ore futures slid on Monday, dragged down by heightened supply pressure, while traders gauged soft steel demand in top...
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PSA Acquires Polish Intermodal Operator Loconi International

PSA International (PSA), through its subsidiary PSA Baltics N.V., has signed an agreement to acquire an 85 per cent majority...
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Chevron starts production at anchor with industry-first deepwater technology

Chevron Corporation announced today that it started oil and natural gas production from the Anchor project in the deepwater U.S....
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Brunvoll to Equip another DP2 Shuttle Tanker

Brunvoll has signed a contract with Samsung Heavy Industries Co., Ltd for the delivery of a manoeuvring package for Tsakos...
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Wilson Sons resumes docking of offshore supply vessels at its shipyards in Guarujá, Port of Santos

Wilson Sons, a leader in port and maritime logistics in Brazil, has resumed, this month, the docking of offshore supply...
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TotalEnergies Marine Fuels Supplies its First B100 Biofuel Bunker in Singapore

TotalEnergies Marine Fuels supplied its first B100 biofuel bunker on 5 August in Singapore, marking a significant expansion in its...
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U.S. container ports face record cargo surge ahead of possible port strike

Monthly inbound cargo volume at major U.S. container ports is expected to approach record levels as retailers expedite shipments ahead...
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Hanwha Ocean’s bid to buy Austal faces criticism in Australia

Hanwha Ocean is facing opposition in Australia concerning its ongoing attempt to take over Austal, a naval shipbuilder in the...
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COSCO SHIPPING builds smart, integrated global ecosystem

COSCO is integrating cutting-edge technologies like the Internet of Things (IoT) to drive the high-quality development of industrial and supply...
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After Fatal Accident, NZ Port Requires Physical Fitness Test for Dockers

The Maritime Union of New Zealand (MUNZ) has expressed concerns about the approach of the recent mandatory fitness tests launched...
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South Korea Unveils Roadmap for Offshore Wind Tenders

South Korea has launched its master plan for offshore wind leasing, and is preparing for its first series of large-scale offshore...
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Ukraine Destroys an Offshore Platform Used for GPS Spoofing

Last week, the Ukrainian Navy launched an operation to fight back against Russian GPS spoofing - with force. According to...
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VTTI completes acquisition of 50% of Dragon LNG

VTTI, an industry leader in energy infrastructure, has completed the acquisition of 50% of Dragon LNG Group Limited (also known...
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HD Hyundai Marine wins $30 mn LNG-FSU conversion deal

South Korea's HD Hyundai Marine Solution Co. secured its first project to convert a floating storage unit for liquefied natural...
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PSA acquire an 85% majority stake in Polish intermodal operator

PSA Baltics N.V., a subsidiary of PSA International (PSA), a leading global port operator and trusted partner to cargo stakeholders,...
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