07 MAR 2021 Saudi Arabia plans to ship gas to South Korea where it will be used to make hydrogen, and the carbon dioxide produced in the process will be transported straight back to the kingdom. Hyundai OilBank Co. will take liquefied petroleum gas cargoes from Saudi Aramco which it …
Read More »06 MAR 2021 You utter “automation,” and everyone is immediately transposed to a sci-fi future where robots rule the world, cars fly and crewless ships sail the world’s oceans. Even within the marine industry, we often forget that ‘unmanned vessel’ isn’t the only arrow in the automation quiver. In fact, …
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05 MAR 2021 Tidewater, one of the largest operators of offshore vessels servicing the oil and gas industry, is predicting that the worst of the market downturn is over and expects to see a recovery in the second half of 2021. While they believe that “supply and demand will be …
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04 MAR 2021 Shipyards are known as a land-based facility that ships steer to for docking and repair. This study represents a basic conceptual study for a new principal of developing a floating shipyard – changing the phenomena of a fixed site shipyard into a self-propelled mobile platform. This floating …
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03 MAR 2021 India’s government has announced a long term $82 billion plan to invest in the nation’s seaports. Speaking at the Maritime India Summit on Monday, Prime Minister Narendra Modi called for massive public and private commitments to improve infrastructure for maritime trade. “As many as 574 projects at …
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02 MAR 2021 Responding to the growing outcry over the increasing security risks for mariners in West Africa and the repeated reports of Nigerian pirates being at the center of the activity, the Nigerian government is reportedly taking actions to enhance security. The transport minister is speaking out saying his country …
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01 MAR 2021 The blast-damaged ro/ro Helios Ray has arrived at Dubai’s Port Rashid, awaiting repairs and a thorough examination by security experts. On February 25, the Bahamian-flagged car carrier Helios Ray was transiting the Gulf of Oman about 45 nm northwest of Muscat when she experienced a series of explosions. The vessel had …
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28 FEB 2021 Shortly after restarting operations on the third cut through the hull of the wrecked ro/ro Golden Ray, salvors have been forced to stop work again and shift to the next section due to another broken chain link. On Friday, the 31st day of work on the third cut, a link …
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27 FEB 2021 Among the range of uses being developed for drones is the opportunity to conduct ship-to-shore deliveries. The shipping industry and port authorities are showing strong support for the concept and recently a Singapore start-up raised seed capital from the shipping industry and investors to continue the development …
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26 FEB 2021 Two of the leading operators in the heavy lift and project cargo business are proposing to form a joint venture to enhance operating efficiencies as they seek to realize the emerging opportunities in the sector. SAL, the German-based breakbulk and project cargo specialist, and Jumbo Marine, the …
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