Escrow and Payment Security in Physical Petroleum Trades
A buyer who has learned to spot a fraudulent cargo offer still needs to know what a genuine one looks like when it is properly protected. The answer is usually not escrow, and understanding why is the fastest way to tell the two apart. By M…
An Inventory of Hazardous Materials is not a certificate you obtain and file. Part I is a living record of what is physically in the ship, and it has…
Holding the certificate no longer settles the question. Since D-2 became mandatory for every ship in scope, inspectors have moved from verifying docum…
A fixed firefighting system released into a space that is still being ventilated is fighting a fire that is still being fed. Dampers and closures are…
Captain Killed in Russia’s Latest Attack on Merchant Shipping
Ukraine’s State Border Guard Service and its Ports Authority are reporting that the master of a cargo ship was killed in an attack by Russia on September 23.
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Indian Seafarer Union Demands Action as Another Ship Is Attacked in Hormuz
India’s Forward Seamen’s Union is calling on Prime Minister Narendra Modi and the government for more action as it reports that another Indian seafarer has been killed during an attack in the…
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ABS Approves Design for Bunker Vessel Capable of Supplying Ammonia Fuel
ABS has awarded HD Hyundai Heavy Industries (HD HHI) and HD Korea Shipbuilding & Offshore Engineering (HD KSOE) approval in principle (AIP) for the basic design of a 22,000 CBM bunkering vessel…
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Stena Line Orders Two New Hybrid Ferries for Sweden-Denmark Route
Stena Line has placed an order for two new hybrid Ro-Pax ferries in a series for delivery beginning in 2030. The 214.5-metre-long vessels will belong to the same series as Stena Estelle,…
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Van Oord Selects Names for Future Fallpipe Vessels
Van Oord has officially revealed the names of its two new flexible fallpipe vessels.Vindnes and Vestnes are scheduled for delivery in 2028 and 2029, respectively.
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