Environment & Emissions
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Shipyard-Built Nuclear Plants: CORE POWER and BWXT Launch Study
CORE POWER and BWXT launch feasibility study on shipyard-built floating nuclear power plants using mPower SMR technology for coastal deployment.
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Amazon Signs 600MW Baltic Wind PPA in Germany’s Largest Deal
Amazon signs 600MW PPA with Skyborn Renewables for Gennaker offshore wind farm in the Baltic Sea, its largest single carbon-free energy deal in Germany.
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Coast Guard Designates Arctic Ports for New Security Fleet
US Coast Guard designates Kodiak and Seward as homeports for Arctic Security Cutters, enhancing enforcement in key bulk shipping lanes.
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US Senators Push for Reinstated Port Fees on Chinese Vessels
US Senators Kelly and Warren urge Trump administration to reinstate port fees on Chinese vessels, impacting bulk carrier operations and costs.
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US Forces Disable Shadow Fleet Tanker in Gulf of Oman Maritime Operation
US forces disable Iranian shadow fleet tanker in Gulf of Oman, marking seventh interdiction since maritime blockade implementation.
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Aegean Shipping Orders Four Tankers from Chinese Shipyard
Aegean Shipping orders four tankers including debut VLCCs from Hengli Heavy Industries, expanding Greek owner’s fleet with modern tonnage investment.
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Alternative Fuel Ship Orders Decline as Owners Adopt Cautious Approach
Alternative fuel ship orders decline in May as owners adopt cautious, diversified approach to decarbonization amid technology and infrastructure uncertainty.
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Shipping’s Green Fuel Transition Faces Scale Deployment Challenge
Dry bulk operator Safe Bulkers CEO identifies scale deployment as shipping’s biggest decarbonisation challenge, not fuel technology availability.
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Baker Hughes Secures Extended North Sea Contracts with Equinor
Baker Hughes secures long-term contract extensions with Equinor for North Sea operations, potentially impacting regional maritime activity and cargo flows.
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Wah Kwong Orders LR2 Tankers with Future-Fuel Readiness
Wah Kwong orders two 114,000 dwt LR2 tankers at DSIC with future-fuel readiness, highlighting shipping industry’s environmental transition strategy.