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Ukraine sailor permits seen crucial for grain exports, global shipping

Ukraine’s decision to allow its seafarers to leave the country despite wartime restrictions will free up vital manpower for both Ukrainian grain exports and the wider global shipping industry, industry figures told Reuters. The move, officially confirmed this week, is part of efforts by Ukraine to maximise its grain shipments via a UN-brokered corridor through …

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USS Fitzgerald and ACX Crystal collision: The Fifth Circuit Court of Appeals delineates the reach of personal jurisdiction

The Court, sitting en banc, held that the Fifth Amendment due process test for personal jurisdiction governed this admiralty dispute and mirrors the Fourteenth Amendment test. Applying the test, the Court concluded that Nippon Yusen Kabushiki (NYK) had insufficient contacts with the United States to justify exercising personal jurisdiction over a foreign corporation for claims …

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WATCH: North Sea platform removal by Allseas’ Pioneering Spirit

Earlier this summer, Allseas’ giant heavy-lift vessel Pioneering Spirit completed the decommissioning of Repsol Norge’s Gyda platform from the North Sea and the company has now launched a video of this operation. In a matter of days, the world’s most advanced offshore vessel removed the platform’s 18,400-tonne topsides and 11,500-tonne supporting jacket and delivered the …

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Shift Clean Energy, STADT partner up to electrify global shipping

Canadian energy storage solutions provider Shift Clean Energy has joined forces with Norwegian vendor and system integrator of electric propulsion STADT to deliver sustainable propulsion and energy storage solutions to the marine industry. Image Courtesy: Shift As informed, the two companies aim to future-proof electric propulsion and energy storage for commercial and naval ships. “Partnerships …

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MOL participates in LNG bunkering trial in Tomakomai Port

Japanese shipping company Mitsui O.S.K. Lines (MOL) has cooperated on an LNG bunkering trial in Tomakomai Port, jointly conducted by Tomakomai Port Authority and Japan Petroleum Exploration. Courtesy of MOL The trial involved the LNG-fueled tugboat Ishin, owned by MOL and operated by its group company Nihon Tug-Boat, which was used for LNG bunkering. The Ishin is powered …

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MOL pens charter deal with China’s ENN for LNG carrier trio

Japanese shipping heavyweight Mitsui O.S.K. Lines has signed a long-term charter contract for three newbuilding LNG carriers with ENN LNG (Singapore) Pte., a wholly-owned subsidiary of Chinese ENN Natural Gas. The vessels will be constructed at Hudong-Zhonghua Shipbuilding (Group) in China, and are slated for delivery by 2028. After delivery, the vessels will be engaged …

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DNV Maritime Forecast 2050: More Ships Are Build With Alternative Fuel Technologies

Maritime Forecast to 2050 is one out of DNV’s suite of Energy Transition Outlook reports. This latest edition provides an independent outlook of the maritime energy future and examines how the energy transition will affect the industry. The focus is on fuel availability and infra-structure to tackle the shift to carbon-neutral1 fuels. Our updated scenario …

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The VLCC market renaissance: Strengthening fundamentals are driving 2022’s long-promised VLCC recovery

The year 2022 was from the outset seen by many as the year we would finally see the VLCC market recover. After two years marred by Covid restrictions and challenging oil demand, this year started with greater freedom of movement for people across the world and OPEC committing to continuous oil supply increases. As the …

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