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TGS Secures 4D Streamer Campaign in Norwegian Waters
TGS Secures Multiple 4D Streamer Contracts in the North Sea and Barents Sea TGS, a leading Norwegian seismic specialist, has recently announced securing four 4D streamer contract acquisition projects. Three of these are located in the North Sea, with one in the Barents Sea. This news is significant for the maritime industry as it highlights…
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“Nexans Secures LanWin 2 Export Cable Contract from TenneT”
Nexans Secures $1 Billion LanWin 2 Project: A Milestone in Maritime Renewable Energy Nexans, a leading French subsea power cable maker, has secured a significant project agreement for LanWin 2, valued at over $1 billion. This venture is part of TenneT’s 2 GW offshore grid connection program in the German North Sea, highlighting Nexans’ commitment…
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“Nexans Secures LanWin 2 Export Cable Contract from TenneT”
Nexans Secures $1 Billion LanWin 2 Project: A Milestone in Maritime Renewable Energy Nexans, a leading French subsea power cable maker, has secured a significant project agreement for LanWin 2, valued at over $1 billion. This venture is part of TenneT’s 2 GW offshore grid connection program in the German North Sea, highlighting Nexans’ commitment…
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“Royal Canadian Navy Embarks on Historic Antarctic Expedition: A Maritime Milestone”
Royal Canadian Navy’s HMCS Margaret Brooke: A Historic Maritime Journey The Royal Canadian Navy’s HMCS Margaret Brooke recently embarked on a historic mission, marking the first circumnavigation of South America and the first visit to Antarctica by a Royal Canadian Navy vessel. This voyage, part of Operation PROJECTION – South America, highlights the versatility and…
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IMO Warns of Rising Shadow Fleet Risks in Global Maritime Industry
The maritime industry faces a growing challenge with the rise of the “shadow fleet,” a term coined for vessels operating outside of international regulations. This issue has gained significant attention due to its implications for safety and the maritime environment. Recently, the Secretary-General of the International Maritime Organization (IMO), Arsenio Dominguez, highlighted the increasing risks…
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“Unmanned Surface Vehicle Proves Effective in Hypoxia Mapping for Maritime Applications”
Revolutionizing Maritime Data Collection: SeaTrac’s SP-48 USV in the U.S. Gulf of Mexico In December 2023, SeaTrac made significant strides in maritime data collection with its SP-48 uncrewed surface vehicle (USV). Partnering with the University of Southern Mississippi (USM) and NOAA’s Office of Marine and Aviation Operations (OMAO), SeaTrac demonstrated the effectiveness of USVs in…
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“Global Shipping Industry Unites Against Seafarer Criminalization: A Maritime Safety Initiative”
Addressing Seafarer Criminalization: A Critical Issue in the Maritime Industry The maritime industry faces a pressing challenge with the increasing criminalization of seafarers. This issue, which disproportionately affects senior officers and ship masters, has gained significant attention. InterManager, the international trade association for ship management, has launched a campaign to combat this growing crisis. Let’s…
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“Dry Bulk Shipping Market to See Revival in 2025, Says Drewry”
The Future of Dry Bulk Shipping: Navigating Through Environmental Regulations and Trade Tensions The dry bulk shipping sector is poised for stronger earnings in 2025, according to maritime research firm Drewry. The industry’s resilience is bolstered by environmental regulations reshaping vessel supply and sustained commodity demand. Let’s dive into the key factors influencing this positive…
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“Maritime Industry Braces for Impact: U.S. Sanctions Hit Russian Arctic Oil Exports”
The Impact of U.S. Sanctions on Russia’s Arctic Oil Business The maritime industry is facing significant shifts as geopolitical factors influence global oil trade. Recent U.S. sanctions on Russia’s tankers and depots have sent ripples through the Arctic oil sector, disrupting supplies and impacting Asian buyers. This post explores the implications of these sanctions on…
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“Baltic Sea Subsea Cable Damage Sparks Concerns Over Maritime Cybersecurity”
Influencing Maritime Security: The Link Between Undersea Cable Damage and EU Concerns In recent years, the maritime industry has witnessed a series of incidents related to undersea cable damage, particularly in the Baltic Sea region. These cables, crucial for global maritime communications and data transmission, have become a central point of concern. As leaders prepare…