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Riding the Wind: The Resurgence of Sail-Powered Freight

Energy, News /

Giant wind-driven structures adorning the decks of massive cargo ships seem to become more common with each passing week. Recent standout developments in this realm were presented by innovators in France and Singapore. Hybrid Cargo Giants: France’s Cutting-edge Contribution Canopée, currently unveiled as the world’s leading hybrid industrial freight ship operated by wind, now parades […]

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Embracing Green Energy: Uruguay’s Buquebus to Launch South America’s First Battery-electric Ferry

News, Technology /

South American ferry operator, Buquebus, is about to make waves on the continent by possessing its first-ever environmentally friendly, battery-electric ferry. This resilient ro/pax (roll-on/roll-off passenger) ferry, with its lightweight aluminum hull, will house the most giant energy storage battery, a record for any ship worldwide. Boasting an impressive capacity of 40 MWh, this battery

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The Tumultuous Dance of Oil Trading: A Delicate Balance

Economy, News /

In the energetic arena of oil markets, the pendulum of traders’ sentiments swung back and forth last Thursday. They teetered between apprehensive speculation on future demand and reassuring information that contrarily suggested that demand was satisfactory. This cycle of uncertainty yielded a slight upward nudge in commodity prices though heightened expectations linger for more tumult

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Chinese-Owned Bulker Faces Australian Ban Over Alleged Seafarer Mistreatment

News, Policy /

The Australian Maritime Safety Authority (AMSA) has delivered an unequivocal message to shipping industry delinquents that the mistreatment of workers will not stand. This resolution has taken concrete form with the imposition of a one-year ban on a bulker owned and managed by Chinese operators. AMSA outlined serious allegations of seafarer abuse and wage deprivation,

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Unleashing Autonomous Electric Boats: Ocean Power Technologies Revolutionizes Maritime Operations

News, Technology /

Transforming Maritime Activity with Autonomous Boats In an epoch where technology keeps breaking boundaries, autonomous electric boats emerge as a revolutionary tool to alter the dynamics of security patrol, and survey work in seaports, waterways, and the offshore oil and gas sector. But the question at hand consistently remains – how can these self-governing vessels

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Revolutionizing Carbon Dioxide Transportation: A Leap Towards Net Zero

Energy, News /

Unveiling the LP Technology R&D Project In groundbreaking recent developments, an alliance of energy industry giants – Future Energy Exports CRC, JX Nippon Oil & Gas Exploration Corporation, Low Emission Technology Australia, Mitsui O.S.K. Lines, and Osaka Gas, have teamed up to launch the ‘LP Technology R&D Project.’ This groundbreaking initiative centers on the exploration

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Harnessing Biofuels: Polsteam’s Revolutionary Energy Transition

Logistics, News /

Polsteam, a prestigious Polish maritime transport company, recently embarked on a revolutionary journey towards sustainable navigation. They did so by integrating biofuel into their fuel repository for the first time, a bold decision that underscores their commitment to green energy. Reinventing Fuel Injection: The Maiden Voyage The innovative venture was realized last week when Bunker

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Rise like the Phoenix: Bunker Fuel Prices Reemerge Stronger 

Economy, News /

As the new week unfolds, bunker fuel prices have demonstrated an impressive resurgence. Monday saw a boost in prices across most ports, with the global average VLSFO prices indicative of a strong revival. The figures peak at the highest level in nearly a week, definitively validating the upward trend.  G20-VLSFO Index: A Mirror of Progress

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Unleashing New Opportunities: Union Negotiations, Lithium Exports, and Ammonia Fuel

News, Policy /

Negotiating for a Brighter Future: Bath Iron Works’ Union Success Story In 2020, the largest union representing workers at Bath Iron Works took a bold step. They launched a two-month strike, a move aimed at securing top-priority elements within their contracts like limiting the use of subcontractors. This bold move paid off. Fast forward to

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Unleashing the Power of Unmanned Surface Systems: A Closer Look at Military Exercises and Technological Advancements

News, Technology /

The Proliferation of Unmanned Military Systems World militaries have come to appreciate the indispensable role of unmanned systems, not merely as replacements for manned counterparts, but as game changers in modern warfare. The ongoing military operations in Iraq and Afghanistan further amplified the critical value of unmanned aerial systems and unmanned ground systems. Consequently, unmanned

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