Auxiliary engine overspeed events can also result in significant financial consequences. The direct repair costs in the cases reviewed below averaged approximately USD 250,000, with expenses arising from a combination of repairs, spare parts, specialist labour and...

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Crude oil supply concerns have mounted this week, after Yemen’s Iran-aligned Houthi militant group launched a massive offensive against Saudi Arabia. Brent’s price has skyrocketed amid escalation in the Red Sea, as the Houthis continue to expand control over Yemen’s...

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The pipeline shutdown has put pressure on Saudi oil supplies to Europe as further conflict in the region threatens shipping routes. Riyadh has yet to comment on reports that some refiners face delays until November. Saudi Arabia has remained silent on reports that it...

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The issue centers on the European Commission’s Delegated Regulation (EU) 2023/1185 and how renewable hydrogen used as an intermediate input in biofuel production is accounted for. The regulation does not clearly exclude electrolytic hydrogen used in the hydrotreatment...

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BroCoTec, a Houston-based maritime cyber security specialist, is urging US vessel operators to act now on new Coast Guard cybersecurity regulations, warning they are a ‘banana skin’ for unprepared companies. The regulations establish cybersecurity requirements for...

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