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Sanctioned Russian Tankers Will Offload Oil in…on 21 March 2025 at 3:36 pm
Two tankers hit by U.S. sanctions are due to offload Russian Arctic Oil in Syria for the first time, days after Moscow made its first known delivery of diesel there in more than a decade, according to LSEG data, a government source and local TV.One of the tankers…
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Baltic Exchange Index Snaps Four-Day Losing Streakon 21 March 2025 at 3:23 pm
The Baltic Exchange’s dry bulk sea freight index, which monitors rates for vessels moving dry bulk commodities, snapped a four-session losing streak on Friday, buoyed by an uptick in rates across all vessel segments.* The main index, which factors in rates for capesize…
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U.S. Shipbuilding to Reduce Foreign Dependence…on 21 March 2025 at 3:09 pm
U.S. President Donald Trump’s push to rebuild U.S. shipbuilding is finding rare bipartisan support from Americans, with 72% saying the U.S. cannot remain dependent on China and other foreign producers to build ships, a poll released Friday showed.The survey of 2…
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China’s Iranian Oil Imports Will Slow Under US…on 21 March 2025 at 2:38 pm
Iranian oil shipments into China are set to fall in the near-term after new U.S. sanctions on a refiner and tankers, driving up shipping costs, but traders said they expect buyers to find workarounds to keep at least some volumes flowing.Washington…
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Germany Seizes Russian ‘Shadow Fleet’ Oil…on 21 March 2025 at 1:55 pm
Germany seized a decrepit tanker found adrift off its northern coast in January that is believed to be part of a shadow fleet used by Russia to circumvent oil sanctions, Spiegel news magazine reported on Friday, citing security sources.The Panama-flagged ship…
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Dutra Group Orders New Hopper Dredge from Eastern…on 21 March 2025 at 1:34 pm
The Dutra Group, a California-based heavy civil marine contractor, has issued a notice to proceed to Eastern Shipbuilding Group (ESG) for the construction of a 10,464 cubic yard trailing suction hopper dredge, named Adele.The ship will be constructed at ESG’s Allanton and Port St. Joe facilities.
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GTT’s Ascenz Marorka Adds Americas to Fleet…on 21 March 2025 at 11:33 am
Ascenz Marorka, GTT’s smart shipping arm, has expanded its real-time fleet performance monitoring service to cover the Americas.Following deployments in France and Singapore, the extension to Vancouver strengthens Ascenz Marorka’s global reach.With operations now spanning three key locations…
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Sixty-Eight U.S. Bridges At Risk from Vessel…on 21 March 2025 at 1:35 am
The U.S. National Transportation Safety Board (NTSB) has recommended that 30 owners of 68 bridges across 19 states conduct a vulnerability assessment to determine the risk of bridge collapse from a vessel collision.The recommendation comes as…
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Acting on Instincton 20 March 2025 at 11:57 pm
This week, the UK Marine Accident Investigation Branch (MAIB) issued its report on the deaths of three stevedores in a cargo hold access space on board a bulk carrier.Berge Mawson was in Indonesia, loading coal from barges using a floating crane.