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Chinese Vessel in Distress Attracts Help – And Suspicion
The Philippine Coast Guard has rescued the crew of a Chinese vessel off the coast of Samar, an island on the eastern side of the archipelago. The vessel was taken in tow and brought to Tacloban, but its mission and the identity of its crewmembers are unclear, according to the…
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Italy and Libya Reach $8B Deal on Offshore Gas Development
During a visit by Italian Prime Minister Giorgia Meloni to Tripoli, Italian state oil company Eni signed an $8 billion offshore gas development with its Libyan counterpart, the National Oil Corporation (NOC). It is the largest single energy investment in the country since the end of the Ghaddafi regime in…
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Euronav Files Second Merger Arbitration While Expecting First Decision
The back and forth in the dispute over the failed proposal for the combination of Euronav and Frontline continues to create uncertainty for one of the largest tanker operators. In the latest move, Euronav confirmed that it proceeding with a second arbitration action against Frontline while it expects a judgment…
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Qatar Replaces Novatek in Lebanon’s Qana Gas Field Project
State-owned Qatar Energy, one of the largest natural gas producers in the world, has agreed to join the French/Italian partnership behind the development of Lebanon’s first offshore energy projects. Qatar replaces Russian natural gas company Novatek, which has withdrawn under sanctions related to the Russian war in Ukraine. Qatar Energy…
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CMA CGM Launches $217M Fund Supporting Decarbonization Projects
Following up on its previous commitments to fund a broad range of projects to contribute to the decarbonization of shipping, CMA CGM announced that applications are currently being accepted for the first year of the project. The shipping giant is accepting applications for a total of €200 million ($218 million)…
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The marine ambulance service of the Canal responds to transferring a patient from one of the transiting vessels to receive treatment at the hospital
The marine ambulance service of the Canal responds to transferring a patient from one of the transiting vessels to receive treatment at the hospital. Putting into effect the services of Suez Canal’s marine ambulance, the SCA managed to rapidly handle the distress call received from the Master of the container…
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DOT Awards a Record $380M in Grants to Ferry Systems in the U.S.
Using the 2021 Bipartisan Infrastructure Law, the U.S. Department of Transportation’s Federal Transit Administration is awarding a record amount of grants designed to modernize and enhance ferry services in different parts of the United States. The more than $380 million in grants being awarded will fund projects including the replacement…
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U.S. Coast Guard Cracks Down on Northwest’s AIS-Disabling Fishermen
The U.S. Coast Guard’s Columbia River unit is beginning to crack down on fishermen who turn off their AIS to keep their location secret. Operating “dark” is a common procedure in the Northwest’s coastal fisheries. AIS broadcasts a vessel’s position, and that is exactly what fishermen want to avoid: Their…
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Adm. Rabiee: Navigation through the Canal is uninterrupted and the bulk carrier GLORY equipment failure is being dealt with professionally during its transit
Adm. Ossama Rabiee, Chairman and Managing Director of the Suez Canal Authority (SCA), has announced that the SCA salvage unit has dealt with the sudden technical failure in machinery of the bulk carrier MV GLORY in a very professional manner, the incident that took place at the km 38 (Canal…
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Smugglers Are Abandoning Migrants on Rocky Island in Mona Passage
Monito Island, an uninhabited outcropping of American territory in the Mona Passage, is becoming a regular destination for migrant smugglers, according to the U.S. Coast Guard. Twice in the last week, cutters have diverted to Monito in order to rescue migrants who were abandoned on the island by smugglers,…
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