US Buyer Scoops Pyxis Product Tanker for $40.75 Million
Greek shipping company Pyxis Tankers announced it has agreed to sell the vessel Pyxis Epsilon, a 2015 built 50,295 dwt. product tanker, for a sale price of $40.75 million in cash to an unaffiliated buyer located in the United States.Completion…Pope Says Impeding Migrant Rescues at Sea is 'Gesture of Hate'
Pope Francis said on Friday that migrants who risk drowning at sea "must be rescued" because doing so was "a duty of humanity" and that those who impede rescues commit "a gesture of hate".Francis, 86, spoke at an inter-religious prayer service before a monument dedicated to those lost at sea.Two New Members Join SAFE Boats Board of Directors
Bremerton, Wash. based boatbuilder SAFE Boats International announced that retired Vice Admiral William “Dean” Lee and Tom Norton have joined its board of directors.Vice Admiral Lee served in the U. S. Coast Guard for more than 36-years, most recently serving as the Commander…Next-Gen Naval Defense: Laser Weapon System Takes Aim at Drones, Missiles and More
Laser Weapon Demonstrator (LWD) trials onboard the German frigate Sachsen have successfully been completed, following on from the integration of the LWD in June 2022, MBDA, a multi-national European group specializing in the field of complex…Ship with Ukraine Grain Back in Turkey under "Humanitarian corridor"
The cargo ship "Resilient Africa" arrived off Turkey's Bosphorus Strait on Thursday, the first vessel loaded with grain from Ukraine to sail in and out of the Black Sea using a temporary corridor. The ship left the Ukrainian port of Chornomorsk this week with 3…Edda Wind Secures Further Work for Edda Passat SOV
Norwegian offshore wind vessel owner Edda Wind has secured a contract for its service operation vessel Edda Passat.The Edda Passat SOV has operated for Ørsted at Race Bank Offshore Wind Farm since it was built in 2018, and the charter is expiring…U.S. Judge Orders Expansion of Gulf of Mexico Oil Lease Auction
A federal judge in Louisiana has ordered an expansion of next week's sale of oil leases in the Gulf of Mexico, saying the Biden administration must include additional acreage, according to a court ruling issued late on Thursday.The oil and gas industry…Singapore Reigns Supreme in International Shipping Center Development Index
For the 10th year in a row, Singapore ranks first in the Xinhua-Baltic International Shipping Center Development Index (ISCDI) Report.Published jointly by the Chinese state news agency, Xinhua and global maritime data provider Baltic Exchange…Three More Ships Head Towards Ukrainian Ports for Food Exports
Three new cargo ships are heading towards Ukrainian Black Sea ports for further food exports, Deputy Ukraine's Prime Minister Oleksandr Kubrakov said on Friday."Bulk carriers AZARA, YING HAO 01, ENEIDA are using temporary corridor established by the Ukrainian Navy in order to export 127,000 (metric)Petronas, MISC, MOL Looking to Create LCO2 Carrier Joint Venture
Petronas CCS Ventures, a subsidiary of the Malaysian oil and gas giant Petronas has signed a term sheet with Mitsui O.S.K Lines, Ltd. (MOL) and MISC Berhad for the potential incorporation of a joint venture entity to invest in developing and…