Author: Oleksandr Kaiukov
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Statoil’s Troll C Platform: A Marvel of Offshore Engineering
Statoil’s Troll C Platform: A Marvel of Offshore Engineering Statoil’s Troll C Platform is one of the most impressive offshore oil and gas platforms in the world. Located in the North Sea, this platform has been in operation since 1992 and has produced over 3.5 billion barrels of oil. The Troll C Platform is a…
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Tanker Contracting Rates Reach Second-Highest Level in History
Comprehensive Analysis: MSI Tanker Contracting Reaches Second-Highest Level in History The maritime industry has witnessed significant growth in recent years, with tanker contracting reaching unprecedented levels. As per the latest reports, MSI Tanker Contracting has reached the second-highest level in history, surpassing previous records set in 2021 and 2022. This trend is a testament to…
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BW LPG’s Latest VLGC Acquisition: A Strategic Move in the LPG Shipping Market
Comprehensive Analysis of BW LPG’s Latest VLGC Acquisition BW LPG, a leading global liquefied petroleum gas (LPG) shipping company, has recently announced the delivery of its latest Very Large Gas Carrier (VLGC) vessel. The acquisition marks an exciting development in the LPG shipping industry, highlighting the company’s commitment to expanding its fleet and meeting the…
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Port of Valencia Embraces 5G Technology to Enhance Maritime Operations
Comprehensive Analysis of the Port of Valencia’s 5G Network Implementation The Port of Valencia, a major maritime hub in Spain, has announced plans to implement a massive 5G network to enhance the efficiency and safety of its operations. According to a report by Safety4Sea, the port will invest significantly in the 5G infrastructure to support…
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FMC Announces Deadline for Export Strategies
FMC Announces Deadline for Export Strategies The Federal Maritime Commission (FMC) has announced a significant development for ocean common carriers, requiring them to file documented export strategies with the FMC. As of March 1, 2025, carriers must submit their strategies, marking a crucial step towards enhanced regulatory compliance and transparency in the maritime industry. This…
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Port of Tanjung Pelepas Achieves Record-Breaking 12.25 Million TEUs in 2024, Solidifying Position as Southeast Asia’s Leading Container Port
Analysis of the Port of Tanjung Pelepas Record-Breaking Performance in 2024 The Port of Tanjung Pelepas, a major deep-water container terminal in Malaysia, has achieved a record-breaking performance in 2024, with a total of 12.25 million TEUs (Twenty-Foot Equivalent Units) handled. This achievement not only showcases the port’s growth and efficiency but also underscores its…
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Chinese Underwater Drone Sparks Security Concerns in the Philippines
Philippines’ Encounter with Suspected Chinese Underwater Drone: Implications and Response The Philippines has recently encountered a new security challenge with the discovery of a suspected Chinese underwater drone off the coast of Masbate Island. The device, approximately two meters in length, was retrieved and handed over to the Philippine Navy for investigation. This incident raises…
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Dockworkers Union, Employer Group to Resume Contract Talks Amid Strike Threat
US Dockworkers’ Union and Employers to Resume Contract Talks Amidst Strike Threat Contract talks between the US dockworkers’ union and the group representing their employers are set to resume on January 7. The negotiations come as the threat of a strike looms, posing significant implications for the maritime industry. The upcoming talks are crucial in…
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Revised Traffic Regulations for Turkish Straits Aim to Enhance Safety and Efficiency
Revised Traffic Regulations for Turkish Straits: A Comprehensive Analysis The Turkish Straits, also known as the Bosphorus and Dardanelles, are a vital maritime passage that connects the Black Sea to the Mediterranean Sea, separating Europe and Asia. The straits have been a critical transportation route for centuries, with over 50,000 vessels passing through them every…
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Investigation Underway After Crew Member Goes Missing from Rio Tinto Bulk Ship
Analysis of the Missing Crew Member from Rio Tinto Bulker The maritime industry was recently shaken by the news of a missing crew member from the Rio Tinto bulk ship, which was carrying a cargo of iron ore from Australia to Spain. On December 3, 2023, a distress signal was sent out by the ship,…