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Healey's smoke and mirrors defence funding is no way to provide national security, warns ALEX BRUMMER

One shouldn't doubt the Chancellor's sincerity in seeking to boost Britain's defence spending to meet the Nato target of 3.5% of national output by 2035.

Healey's smoke and mirrors defence funding is no way to provide national security, warns ALEX BRUMMER

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NGOs Call on Nordic Council To Adopt AMOC Resolution and Make Good on Polar Fuels Promise

As a meeting of Nordic Council parliamentarians opens today in Finland, the Clean Arctic Alliance calls on participants to adopt a resolution on the Atlantic Meridional Overturning Circulation (AMOC)…

  • Nordic Council debates AMOC resolution during Finland meeting
  • Black carbon accelerates Arctic melting, threatens Arctic
  • Nordic governments to adopt IMO's polar fuel rule by 2025

All Hands On Deck: VFS Global Takes Visa Applications Offshore For Maritime Industries

More shipping companies and firms employing offshore workers are using a unique ‘visa on the seas’ service for arranging the documentation required for employees working in territorial waters or…

  • VFS Global expands Visa on the Seas service for maritime industries.
  • Processed 3,000 visa applications at sea and ports since 2019.
  • VAYD service eliminates need for workers to travel to visa centers.

ABS Approves Hanwha Ocean’s Standardized FLNG Design

ABS has issued approval in principle (AIP) to Hanwha Ocean for a standardized floating liquefied natural gas (FLNG) design.

  • ABS grants AIP to Hanwha Ocean for standardized FLNG design.
  • Standardized design aims to reduce engineering efforts and improve predictability.
  • Matt Tremblay praises ABS support for platform-based FLNG strategy.

EmissionLink calls for EU ETS revenues to fund maritime carbon capture trials and port infrastructure

Maritime emissions specialist,EmissionLink, has called for a dedicated proportion of EU Emissions Trading System (EU ETS) revenues to be invested in onboard carbon capture trials and supporting port…

  • EmissionLink urges EU ETS revenues for maritime carbon capture trials and port infrastructure.
  • IMO developing interim safety guidelines for onboard carbon capture systems.
  • EmissionLink calls for demonstration projects, emissions accounting, and commercial arrangements.

Iraq needs to buy tankers to boost oil exports: minister

Iraq needs to intensify plans to buy oil tankers to boost crude exports and increase the country’s revenues, Oil Minister Bassim Khudair has said.

  • Iraq's Oil Minister Bassim Khudair urges purchase of 10 supertankers for oil exports.
  • Khudair proposes $2 billion investment for tanker acquisition with various financing options.
  • Iraq exported 3.4 million barrels per day in October, similar to pre-Hormuz crisis levels.

Shipowners urged to act as Bangladesh recycling prices surge, warns Wirana

Shipowners considering recycling older vessels have a narrow window to secure higher prices in Bangladesh, following an unexpected surge in offers despite continued weakness in the country’s domestic…

  • Shipowners urged to act quickly as recycling prices surge in Bangladesh.
  • Current prices may be temporary due to limited vessel availability and fierce competition.
  • CEO Rakesh Khetan sees opportunity for shipowners, but sustainable prices uncertain.

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