Hopper dredger COSTA ATLANTICA reportedly struck and destroyed three pilings at Calais port, France, on Apr 15, either while being engaged in dredging, or leaving port. Dredger sustained serious damages including lost overboard suction pipe, which now presents a...

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BP has started oil production at its Argos offshore platform, the company’s fifth platform in the Gulf of Mexico and the first new BP-operated production facility in the region since 2008. The platform is located about 190 miles south of New Orleans in 4,500-foot-deep...

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The global orderbook currently stands equivalent to a “moderate” 10% of fleet capacity, though varies significantly by sector, according to the latest data from Clarksons Research. The orderbook to extant fleet stands at just 4% of the tanker fleet, 7% of the bulker...

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The liner service MSC has announced the enhancement of its Australia Express Service (AEX) with a direct call at the Kamarajar Port Ennore (Chennai) on the West bound leg to be introduced from June 2023. With the signing of the free trade agreement with Australia the...

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The Eastern Indian Ocean (EIO) is witnessing the increasing military presence of China. Two recent developments are significant in this regard: first, China’s People’s Liberation Army Navy (PLAN) has recently conducted maiden naval exercises with Cambodia. It points...

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Vedanta Resources, Safe Sea Services, JM Baxi and Megha Engineering are among firms that are likely to be asked to place bids for the strategic disinvestment of state-run Shipping Corp. of India (SCI) by next month, officials aware of the...

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