Navios Announces Delivery of Three Vessels
Navios Maritime Partners L.P., an owner and operator of dry cargo vessels, has taken delivery of the following three drybulk vessels: Navios Amitie - a 2021-built…
Top U.S. LNG Exporter Launches Effort to Measure Emissions
Cheniere Energy Inc, said on Thursday it would quantify carbon emissions from its suppliers and production sites and supply the information to customers.LNG buyers have begun asking suppliers for natural gas sourcing data and greenhouse gas emissions to reduce their own carbon footprints. Several LNG producers are proposing adding carbon capture and storage alongside their LNG projects.Cheniere said…
Fincantieri Inks Deal to Support Daewoo in Aircraft Carrier Design
Fincantieri signed a contract with Daewoo Shipbuilding & Marine Engineering (DSME) to support the Conceptual Design of the new class of aircraft carriers “CVX” for the Navy of the Republic of Korea (South Korea).The program relating to the first-in-class unit envisages the tender for the Basic Design starting from the second half of 2021, whereas the detail design and construction will begin in the following years.The signing took place between Jung Woo Sung…
Enterprise Revisited: Titanium is the USCG Vessel Procurement Magic Bullet
In my May 2020 MREN USS Enterprise column I made a reference to the benefits of titanium as a hull structural material.It related to the life of the USCG cutter Bear and I concluded the column with a suggestion that titanium would be a particularly useful and cost-effective structural material for sail training vessels, aircraft carriers, research vessels, cruise vessels, tugs and Staten Island ferries.
Diana Shipping Bags Charter for Capesize Dry Bulk Vessel
Dry bulk shipping company Diana Shipping has secured a charter contract for its m/v Boston Capesize dry bulk vessel.The charter is with C Transport Maritime Ltd.…
Fincantieri Taps Somec for Glass Enclosures on Nine Cruise Ships in Order Worth $121,8M
Italian company Somec has secured new orders worth 100 million euros (~$121,8 million) from Fincantieri to equip nine newbuild cruise ships.The contract, secured by Somec's Seascape division – Marine Glazing and Marine Public Area segment - is for turn-key glass enclosures and public areas projects in the Italian shipyards of Marghera, Monfalcone, and Ancona for nine new-build ships to be delivered between 2022 and 2028.
If EURO2020 was Decided by Shipping-related Factors, Who Would Win?
The European Football Championship is on the verge –and kicking off on Friday June 11. Therefore, BIMCO’s shipping number of the week had to be football-infused today. Adding extra topping to this sporting feast is the fact that the 2021 Copa America starts at the same time.If the result was decided by COVID-19, anything can happenSeveral national football teams have already seen the supply of their top footballers disrupted by the pandemic…
Trafigura Posts Highest-ever First Half Profit
Global commodities trader Trafigura on Thursday posted its highest-ever first-half net profit and core earnings, largely driven by the economic recovery.The Geneva-based trader's net profit rose to $2.1 billion for the period ending March 31, from 500 million the previous year. The company's financial year ends on Sept. 30.Revenue rose 19% to $98 billion while core earnings were $3.7 billion, up over 50% from a year before.
UK MCA to Conduct Surprise Inspections of Fishing Vessels after Fatalities Spike
Surveyors from the UK Maritime and Coastguard Agency are to carry out unannounced inspections of fishing vessels across the UK with the aim of increasing safety in the industry after a growing number of fatalities."The inspections are being carried out as part of ongoing work around fishing vessel safety in an industry-recognized to be one of the dangers in the world," the MCA said.According to the Agency…
COVID-19-hit Asia Ships More Gasoline to U.S.
Exports of gasoline and blend stocks from Asia to the United States rebounded in May from April, including two rare shipments from India, to meet rising summer demand in the west…
NYK Subsidiary, MarCoPay Test Paying Seafarers' Salaries in Digital Currency
An NYK Group shipmanagement subsidiary has begun to pay seafarers’ salaries in digital currency issued by MarCoPay Inc., a joint venture of NYK and the Transnational Diversified Group in the Philippines.After a successful March 2020 trial distributing electronic currency to seafarers at sea for the first time in the world, MarCoPay Inc. subsequently received approval from Philippine ministries and…
Feature Product: Fire-retardant Sylomer Marine Helps to Minimize Vibration
Austria's Getzner Werkstoffe received ClassNK type approval certification for "Primary Deck Covering" for its fire-retardant Sylomer Marine product line.The material is used in floating floors, decoupling passenger and crew cabins, wheelhouses and engine rooms to maximize the comfort level for the ship crew and passengers.Floating FloorsThe elastic polyurethane Sylomer Marine FR can be used on ships in floating floor applications. Different material types for various payloads are available.
VesselsValue Launches Small Dry Trade Coverage
VesselsValue, a company providing valuations and data on a variety of vessels globally, has launched Small Dry as part of Trade offering plus updated Small Dry Values."VesselsValue…
Castor Maritime Takes Delivery of 2011-built Dry Bulk Vessel
Shipping company Castor Maritime has taken delivery of the M/V Magic Eclipse, the 2011 Japanese-built Panamax dry bulk vessel.The company, which owns a fleet of tankers and dry bulk carriers, announced the deal to acquire the vessel back on April 9, 2021. It at the time said it would pay $18.48 million for the vessel"The M/V Magic Eclipse acquisition was financed in its entirety with cash on hand,"…
Harbour Energy Charters Two Solstad PSVs
Oil and gas company Harbour Energy has chartered two large platform supply vessels from the Norwegian offshore vessel owner Solstad Offshore.Solstad Offshore said Thursday that the long-term contracts with Harbour Energy were for the Normand Service and Normand Supra vessels.The contracts are for a period of two years firm.
Gallery: Allseas' Giant Vessel Removes Morecambe Bay Platform Topsides
Offshore services firm Allseas said Wednesday it had removed the former DP3 gas production topsides from Spirit Energy’s Morecambe Bay development in the East Irish Sea, using the giant Pioneering Spirit vessel.This follows the removal of the adjacent DP4 topsides and subsequent transport to the UK in April. The two normally unmanned installations used to produce gas as part of Spirit Energy’s complex of eight installations in Morecambe Bay.
Fincantieri to Deliver 8 Navy Ships to Indonesia
Italian shipbuilder Fincantieri has signed a contract with the Ministry of Defense of Indonesia, for the supply of 6 FREMM class frigates, the modernization and sale of 2 Maestrale class frigates, and the related logistical support. Fincantieri will be the prime contractor for the entire program. The company did not share financial details."The construction of the frigates will ensure significant employment benefits not only for several Italian shipyards of the Group in the next years…
Technip Energies Hires Havfram for Tortue Ahmeyim FPSO Work
Norwegian offshore services company Havfram, previously known as Ocean Installer, has won a contract with Technip Energies in Africa.The contract is for the pre-installation and subsequent hook-up of the subsea mooring system for a natural gas FPSO to be deployed at the Greater Tortue Ahmeyim project, on the maritime border of Mauritania and Senegal.Technip Energies in 2019 won a contract from BP for the engineering…
Shearwater GeoServices Recycles Seismic Vessel
Marine seismic contractor Shearwater GeoServices has sold the seismic vessel Western Trident for recycling as part of the company’s fleet renewal strategy.The vessel has been delivered in Turkey for recycling. In late 2020, Shearwater also sold the CGG Alize vessel to be repurposed outside of the seismic industry.Shearwater said the vessel sales, coupled with the company's recent acquisition of six modern seismic vessels…
