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South China and Southeast Asia emerge as maritime region with highest total losses
The maritime region formed by South China, Indochina, Indonesia and the Philippines was the global vessel loss hotspot, both over the past year and decade, according to Allianz Commercial in its annual "Safety and Shipping Review". Globally, shipping losses hit an all-time low despite increasing risks for the whole sector... -Asia Insurance ReviewPosted On:24-May-2024
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Keeping Greek technology at the forefront
Eleni Polychronopoulou is championing Greek technology across the maritime industry through her leadership positions in pioneering companies, a national association, and a continent-spanning industry group. Like many in the Greek maritime community, Eleni Polychronopoulou grew up close to the shipping industry through her family’s ship supplies business... -Seatrade Maritime NewsPosted On:24-May-2024
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Russia’s Northern Sea Route: Record Transit Traffic Expected This Summer
Russia's Northern Sea Route is set to witness record transit traffic this summer, with over 200 permits issued by Rosatom for vessels. While mainly Russian-flagged ships provide relief supplies to the Arctic, an increasing number of foreign-flagged LNG tankers, crude oil tankers, and container ships are expected to travel the route... -Crew MirrorPosted On:24-May-2024
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NTSB Report: Pilot Error in Ohio River Collision During 2023 Flood
According to the NTSB, the pilot of a barge tug failed to respond to a strong outflow on the Ohio River, resulting in a collision during the 2023 flood. The tugboat, Queen City, struck the Vane Dike, causing $2 million in damage. The NTSB emphasized the dangers of high currents for vessels navigating inland rivers... -Crew MirrorPosted On:24-May-2024
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Revolutionary Maritime Solution Unveiled by Lankhorst Ropes and Sensor Technologies
WireCo and Lankhorst Ropes, in collaboration with Sensor Technologies, introduce "Sureline Systems," a cutting-edge product set to revolutionize maritime operations. This partnership merges expertise in rope performance and advanced technology to enhance efficiency, safety, and sustainability in the maritime sector. The official launch will be at the ITS Exhibition in Dubai... -Crew MirrorPosted On:24-May-2024
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Kongsberg Maritime to Upgrade Solstad’s Normand Sentinel with Electric Rim-Drive Azimuth Thrusters
Kongsberg Maritime is set to upgrade Solstad’s Normand Sentinel with electric rim-drive azimuth thrusters, enhancing energy efficiency. The vessel’s transition from mechanical to rim-drive thrusters will not only reduce fuel consumption but also lower maintenance costs. This strategic move aligns with Solstad’s commitment to reducing emissions and embracing sustainable maritime solutions... -Crew MirrorPosted On:24-May-2024
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SSA Marine Launches New Cruise Division
SSA Marine has launched a new cruise division, appointing industry veteran Stefano Borzone as president. The division aims to enhance partnerships with cruise lines, focusing on innovation and sustainability. Borzone brings extensive experience from Carnival Corporation and Metro Cruise Services. CEO Uffe Ostergaard is excited for the division's growth under Borzone's leadership... -Crew MirrorPosted On:24-May-2024
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NOAA Predicts Active 2024 Atlantic Hurricane Season with La Niña Influence
Meteorologists are predicting an active 2024 Atlantic hurricane season due to high ocean temperatures and La Niña conditions. A 85% chance of above-normal activity is forecasted, with 17 to 25 named storms expected. Factors contributing to this increase include high Atlantic ocean temperatures, La Niña conditions, and weaker trade winds... -Crew MirrorPosted On:24-May-2024
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Piracy Attack on Merchant Vessel Basilisk: EU Forces Respond
Assailants of unidentifiable source have boarded the merchant vessel Basilisk in the Indian Ocean, marking a new piracy attack in the region. The 17,800-dwt multipurpose vessel, owned by German company Minmarine MPP Shipmanagement, had its crew take refuge in the ship’s citadel while maritime authorities were alerted. The European Union naval force EUNAVFOR was the first responder and is taking appropriate actions... -Crew MirrorPosted On:24-May-2024
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UK Government Commits to Boosting Shipbuilding Industry
The UK Prime Minister, Rishi Sunak, has expressed his government’s commitment to supporting the shipbuilding sector throughout the country. While speaking at Westminster, he specifically mentioned working closely with Harland and Wolff on their request for a loan, although he could not provide details due to commercial sensitivity... -Crew MirrorPosted On:24-May-2024
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Philippines House Approves Seafarers’ Magna Carta
The House of Representatives ratified the Magna Carta of Filipino Seafarers, awaiting President Ferdinand Marcos Jr.'s signature. Kabayan Partylist Rep. Ron Salo hailed it as a victory for the maritime industry, emphasizing the bill's provisions to enhance seafarers' rights, safety, and welfare. The legislation aims to strengthen the maritime sector... -Crew MirrorPosted On:24-May-2024
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Pirate Plunder: Oil Theft from Hijacked Thai Tanker
Armed pirates recently hijacked a Thai tanker in the South China Sea near the Malaysian island of Tioman. The incident occurred as the tanker was en route from Singapore to Thailand. The pirates forced the crew into the engine room while they transferred the tanker’s cargo of oil to another vessel. Fortunately, the crew members were unharmed during the incident... -Crew MirrorPosted On:24-May-2024
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Japanese Maritime Companies Collaborate on Data-Sharing
Japanese maritime companies have completed the initial phases of a collaborative project aimed at developing a secure data-sharing framework between shipyards and shipowners to enhance the use of digital twins in a ship’s lifecycle. The project involves major players such as NAPA, NYK Group, Mitsui O.S.K. Lines, Marubeni Corporation, Imabari Shipbuilding, Japan Marine United Corporation, Usuki Shipyard, and ClassNK... -Crew MirrorPosted On:24-May-2024
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APM Terminals Pipavav Reports 9% Net Profit Growth in FY24
APM Terminals Pipavav reported a 9% net profit growth to INR 3,409.83 million in FY24. Revenue rose by 8% to INR 9,884.29 million. Container cargo business increased by 6% to 808,000 TEUs. Managing Director, Mr. Girish Aggarwal, attributed the growth to operational excellence and commitment to customer service... -Crew MirrorPosted On:24-May-2024
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