News
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UK Armed Forces Embrace Modernization Amidst Transition
The UK Armed Forces are undergoing a significant transformation as they phase out aging equipment in favor of advanced military…
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KNOT Offshore Partners Faces Buyout Proposal
KNOT Offshore Partners (KNOP), a New York-listed shuttle tanker owner, has received an unsolicited buyout proposal from its parent company,…
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Spring Marine Adopts Sulnox Eco for Fuel Efficiency
In a significant move towards sustainability, Greece’s Spring Marine Group has announced the implementation of Sulnox Eco diesel fuel conditioner…
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Shipping Industry Reacts to Delayed Net Zero Framework
The recent decision by the Marine Environment Protection Committee (MEPC) to postpone the International Maritime Organization’s (IMO) Net Zero Framework…
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Dutch Offshore Wind Tender Receives No Bids Amid Rising Costs
In a concerning development for renewable energy in the Netherlands, the recent tender for the 1GW Nederwiek 1-A offshore wind…
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Greece Retains Title as World’s Largest Shipping Power
Greece has once again been recognized as the world’s leading shipping nation, according to the latest report from the UN…
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Nordic American Tankers readies suezmax newbuilds in South Korea
Nordic American Tankers (NAT) is set to enhance its fleet with a new agreement for two suezmax newbuilds, each valued…
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Saudi Arabia Unveils New Offshore Rig Project
International Maritime Industries (IMI) has officially partnered with Aro Drilling to construct a new offshore drilling rig, dubbed “Kingdom 4,”…
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Chile Launches First Hybrid-Electric Cruise Ship
In a momentous event at the ASENAV shipyard in Valdivia, Antarctica21 proudly unveiled the Magellan Discoverer, marking the first hybrid-electric…
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US supersonic low altitude missile (SLAM) and Russian Burevestnik
Despite claims of a successful test, Russia’s Burevestnik nuclear-powered cruise missile continues to face significant challenges. Designed to have an…
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