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The Hydrogen Revolution: Japan’s $107 Billion Bet on Decarbonization

Energy, News /

A National Transformation As the quest for sustainable and clean fuels accelerates worldwide, Japan has resolved to make a considerable contribution by putting its faith in hydrogen to decarbonize its crucial industrial sectors. On Tuesday, the Japanese government unveiled a plan to supply over $107 billion in hydrogen investments over the next decade and a […]

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Unprecedented Container Surge Meets Labor Unrest on West Coast Shores

Logistics, News /

Pacific Cargo Armada Faces Uncertain Unloading Unprecedented numbers of containers are sailing toward the west coast of North America just as labor disputes threaten to derail their smooth arrival. The Japan Maritime Centre reported outbound transpacific cargo movements hitting a six-month high in May, exceeding 1.5 million TEUs for the first time since October 2022.

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The African Oil Boom: Benefiting from Russian Sanctions

Economy, News /

A Golden Opportunity for Africa’s Oil Industry Western sanctions on Russian oil exports due to the ongoing conflict in Ukraine have led to an unexpected silver lining for Africa’s oil industry. Stewart Maxwell, Technical Director at Aquaterra Energy, recently spoke with Offshore Africa, highlighting that the growing global energy demand puts Africa’s energy resources in

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Safeguarding the Seas: UAE’s New Insurance Requirements for Vessels

News, Policy /

An Insurance Upgrade Faced with the potential fallout from insufficient insurance coverage for vessels, the United Arab Emirates (UAE) is reinforcing its requirements for ships flying its flag. The move targets protection and indemnity (P&I) insurance, which covers liability claims encompassing environmental damage and injury. Although separate hull and machinery policies exist for physical damages,

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Sailing into the Future: Next-Gen Navigation Systems for SAL Heavy Lift Vessels

News, Technology /

Cutting-Edge Navigation Technology by Sperry Marine Sperry Marine, a renowned navigation solutions provider, will deliver innovative navigation systems for four SAL Heavy Lift vessels under construction at WuHu shipyard in China. The state-of-the-art navigation package includes Sperry Marine’s VisionMaster Net bridge, NAVIGAT gyrocompass, and NAVIPILOT 4500N autopilot. The systems ensure safe and efficient navigation and

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Unleashing Biofuels: A Sustainable Solution for Shipping’s Decarbonization

Energy, News /

Fueling the Future: Biofuels in Shipping Shipping, an industry responsible for transporting up to 90% of global trade, is under immense pressure to minimize its environmental impact. An increasingly viable solution lies in biofuels, which possess the potential to reduce carbon emissions significantly. Yet, a recent white paper by DNV highlights the supply constraints and

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The Race for Megamax Dominance: ONE Innovation Joins the Elite

Logistics, News /

ONE Rises to Prominence with Megamax Containerships Ocean Network Express (ONE) has joined the exclusive club of carriers operating “Megamax” containerships that exceed 24,000 TEU capacity. Expanding its fleet with the incorporation of ONE Innovation, the shipping company now competes alongside Mediterranean Shipping Company and Orient Overseas Container Line. Boasting a 20% larger carrying capacity

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Fueling the Future: Multi-tasking Bunker Tanker Redefines Marine Innovation

News, Technology /

A Revolutionary Bunker Tanker Design A groundbreaking bunker tanker concept designed by the Spanish company Sener Technology is poised to change the future of maritime transportation. The innovative Multi-tasking Bunker Tanker (MBT) takes a giant leap toward reducing carbon emissions by combining fuel delivery and onboard carbon dioxide (CO2) capture, storage, and management. A Versatile

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Record-Breaking Russian Oil Exports Amid Global Demand

Economy, News /

Surging Seaborne Oil Exports Russia’s seaborne oil exports reached a four-year milestone in May, hitting 2.4 million barrels per day from ports like Primorsk, Ust-Luga, and Novorossiisk. Leading to this surge was the domestic refineries’ maintenance season, which allowed for extra barrels, according to Refinitiv Eikon data. This growth has been consistent for the past

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Sail to Safety: Remarkable Rescue of Indonesian Warship Crew

News, Technology /

Fire on the Hading Bay-538 An Indonesian warship, Hading Bay-538, caught fire unexpectedly in broad daylight on June 3. The Indonesian Navy verified the incident and confirmed that none of the 119 crew members and sailors aboard sustained any injuries. Originating as the Cottbus, this Frosch-I/Type 108 landing ship was commissioned by the former East

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