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Why are 110 certified Indian ship recycling yards frozen out by Brussels?

In February, the European Commission adopted the 15th edition of the European List of Ship Recycling Facilities. The list now contains 41 facilities of which 30 are in the European Union (EU), Norway and the UK, 10 are in Türkiye and one is in the United States. Once...
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U.S. Blockade and Hormuz Gridlock: Analyzing April’s Oil Market Disruption

A chaotic April ended with the Strait of Hormuz effectively closed for a second consecutive month, cascading oil shortages across Asia and a U.S. blockade choking off Iranian tankers and oil exports. Iran’s oil exports collapsed 43% over two months, according to data...
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Nine ships use Strait of Hormuz as ‘renewed tensions’ to slow traffic: CAS

Nine ships use Strait of Hormuz as ‘renewed tensions’ to slow traffic: CAS
Nine ships crossed the Strait of Hormuz on May 3, down from 13 on May 2 and 21 on May 1, S&P Global Commodities at Sea(opens in a new tab) said in a May 4 report. The May 3 traffic comprised three cargo ships, two bulk carriers, two landing craft, one bitumen...
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IACS publishes results of Concentrated Inspection Campaign on onboard Emergency Power Supply

IACS publishes results of Concentrated Inspection Campaign on onboard Emergency Power Supply
Inspections conducted on over 36,000 ships during 2025, and recommendations made to improve emergency power supply tests 5th May 2026 – IACS, the membership organisation for the world’s leading classification societies, has published the results of its Concentrated...
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Wärtsilä introduces a new product line to enhance onboard wastewater management

Wärtsilä Water & Waste, part of technology group Wärtsilä, has introduced a flexible and modular grease trap product line designed to separate fats, oils and grease from galley wastewater streams onboard merchant vessels, cruise ships and offshore platforms. The...
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Scorpio Tankers Inc. Announces Financial Results for the First Quarter of 2026, the Declaration of a Dividend and an Increase to its Securities Repurchase Program

Scorpio Tankers Inc. reported its results for the three months ended March 31, 2026. The Company also announced that its board of directors (the “Board of Directors”) has declared a quarterly cash dividend on its common shares of $0.45 per share and authorized the...
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