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Suez Canal Authority Introduces 15% Transit Fee Discount for Large Container Ships

In a strategic move to rejuvenate maritime traffic and counteract revenue declines, Egypt’s Suez Canal Authority (SCA) has announced a 15% discount on transit fees for large container ships. This incentive applies to vessels with a Suez Canal Net Tonnage (SCNT) of 130,000 metric tons or more, regardless of whether they are laden or empty. […]

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MOL’s Car Carrier ‘ORCA ACE’ Honored with 2024 Best Quality Ship Award

The MOL-operated car carrier ORCA ACE has been awarded the 2024 Best Quality Ship Award by the Japan Federation of Pilots’ Associations (JFPA), recognizing its exemplary safety standards and operational excellence. This accolade highlights the vessel’s commitment to maintaining high-quality nautical and boarding equipment, as well as fostering effective cooperation between crew members and harbor

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World’s First Biomethanol-Powered Crew Transfer Vessel Enters Offshore Wind Service

In a significant advancement for sustainable maritime operations, Northern Offshore Services (N-O-S), a subsidiary of the Northern Offshore Group (NOG) and part of the NYK Group, has launched the world’s first crew transfer vessel (CTV) powered entirely by biomethanol. The vessel, named Transporter, is now operational, serving offshore wind projects in collaboration with wind turbine

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Vancouver Achieves Milestone with First LNG Bunkering of Cruise Ship

On May 9, 2025, the Port of Vancouver marked a significant environmental milestone by conducting its first liquefied natural gas (LNG) bunkering operation for a cruise ship. Silversea Cruises’ Silver Nova received LNG fuel via a ship-to-ship transfer from Seaspan Energy’s LNG bunker vessel, Seaspan Garibaldi, ahead of its voyage to Alaska . This operation

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ESVAGT and KMC Line Launch Offshore Wind Joint Venture in South Korea

On May 8, 2025, Danish offshore service provider ESVAGT and South Korean shipping company KMC Line formalized their partnership by signing an agreement to establish a joint venture named KESTO, aimed at supporting South Korea’s burgeoning offshore wind industry. KESTO plans to leverage ESVAGT’s extensive experience in operating Service Operation Vessels (SOVs) and KMC Line’s

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Testy Times for Ship Recyclers

The global ship recycling industry is navigating a complex landscape marked by stringent regulations, environmental concerns, and shifting economic dynamics. As the sector approaches a pivotal moment with the impending enforcement of the Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships (HKC) on June 26, 2025, ship recyclers worldwide are

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