Seaspan Cancels Four-ship Newbuild Order
Containership lessor Seaspan Corporation announced it has canceled an order for four containership newbuilds "due to certain conditions in the contracts not being fulfilled".The original order, which was announced in May, was for four 7,700 TEU dual-fuel liquefied natural gas (LNG) containerships from an undisclosed "major" shipyard. "Due to certain conditions in the contracts not being fulfilled by the counterparty, the contracts have become null and void.
NTSB Reports on Collision Between Mississippi River Barge and Train
The National Transportation Board said Thursday that a Mississippi River towing vessel’s pilot and its captain pushed its tow up against a riverbank too close to a railroad track, leading to a collision and train derailment near Galland, Iowa.Marine Investigation Report 22/22 details the NTSB’s investigation into the Nov. 13, 2021, collision between the towing vessel Baxter Southern and a BNSF coal train transiting the track along the shoreline of the Upper Mississippi River.
US Sets Target for Floating Offshore Wind Farms Expansion
The Biden administration on Thursday unveiled a plan to accelerate development of next-generation floating offshore wind farms by slashing the cost of the technology by 70% and setting a goal for it to power 5 million U.S. homes by 2035.The announcement was the latest in the White House's push to bolster the nation's fledgling offshore wind industry as part of its climate-change agenda.Wind turbines…
Inland Waterways Report: Columbia-Snake River System
It’s amazing to consider that a commercial vessel in the Pacific Ocean, approaching the mouth of the Columbia River, can continue its eastward journey to finally tie up at the Port of Lewiston, in Lewiston, Idaho, America’s most inland West Coast port, 465 miles from the Pacific Ocean.The Columbia and Snake Rivers form that critical east-west waterway, an economic powerhouse regionally, nationally and internationally.
Maritime Risk Symposium 2022: The Importance of Inland Systems to the MTS
The 2022 Maritime Risk Symposium (MRS) is scheduled to be held Nov. 15-17, 2022, hosted by Argonne National Laboratory at the Argonne campus in Lemont, Illinois. MRS is an annual international event focused on risks involving the global maritime transportation system (MTS). For the MRS, the U.S. Coast Guard partners with the sponsor, the Transportation Research Board of the National Academies of Science, Engineering, and Medicine, and the hosting agency.
ZeroNorth Opens Singapore Office
Technology company ZeroNorth announced it is opening an office in Singapore’s Central Business District, headed by ZeroNorth’s VP Sales and General Manager for Asia.The move to establish a presence in one of the world's top shipping hubs follos several months of rapid expansion for ZeroNorth. The company now has more than 170 employees in six countries, serves more than 50 customers from across the maritime sector…
Long Beach Channel Deepening Gets Board Green Light
A critical channel deepening project that will help move cargo more efficiently to and from the U.S. advanced Monday after the Long Beach Harbor Commission concluded an extensive environmental review process and greenlit the endeavor.The work will also allow the port to welcome newer cleaner, and more efficient cargo vessels. The Port of Long Beach and the federal government will share the costs, estimated at almost $170 million.
Hundreds of Seafarers Are Still Stuck in Ukraine
Around 82 ships with 418 seafarers remain stuck around Ukrainian ports despite the opening of a U.N.-backed sea corridor to ship grains with efforts to get the mariners sailing still stuck, shipping industry officials said on Thursday.The agreement reached in July, creating a protected sea transit corridor, was designed to alleviate global food shortages, with Ukraine's customers including some of the world's poorest countries.However…
How AI Will Boost Sustainability at the Port of Tanjung Pelepas
The Malaysian Port of Tanjung Pelepas is taking the next step on its digitalization journey, tackling congestion and boosting sustainability with a port information management system (PMIS) powered by artificial intelligence (AI).The Port of Tanjung Pelepas, the 15th busiest port in the world, will deploy Innovez One’s MarineM solution to optimize tug and pilot operations, minimizing delays in the first and last mile of its logistics chains…
Hapag-Lloyd Buys Stake in Spinelli Group
German container liner-shipping company Hapag-Lloyd on Thursday announced it has acquired a minority stake in Italy-based logistics group Spinelli Group.Hapag-Lloyd said it purchased a 49% stake in the Spinelli Group from existing shareholders, while the Spinelli family will continue to hold the majority stake of 51%.Financial details of the deal were not disclosed.The completion of the transaction is subject to the approval of the responsible antitrust authorities…
Silverstream Names Derodra CFO
British marine air lubrication company Silverstream Technologies announced it has appointed Andrew Derodra as Chief Financial Officer.Derodra’s career spans senior finance and strategic roles in multiple sectors including FMCG, healthcare and software. He brings experience as CFO in FTSE-listed, private equity-owned and founder-led businesses, including in the delivery of shareholder value, equity and debt financing…
Army Corps, Maryland DOT to Commence $4 Billion Chesapeake Bay Restoration Project
The U.S. Army Corps of Engineers (USACE), Baltimore District, and the Maryland Department of Transportation (MDOT) signed a Project Partnership Agreement (PPA) for the $4 billion Mid-Chesapeake Bay ecosystem restoration project at MDOT Headquarters, August 23, 2022.The PPA – signed by Col. Estee Pinchasin, Baltimore District commander, and MDOT Secretary James F. Ports, Jr. – outlines the roles, responsibilities…
Russian Billionaire Sues French Customs for Seizing His Yachts
A Russian billionaire is suing French authorities in an effort to win back access to two of his yachts, arguing customs officials did not have the right to immobilize…
Shoei Kisen Kaisha ink deal for Fleetwide install of NavFleet
NAVTOR secured an agreement with Shoei Kisen Kaisha, Ltd., one of Japan’s largest shipowners and managers, to deliver the NavFleet application across itsfleet of managed vessels. Shoei Kisen, a part of Imabari Shipbuilding, Japan’s largest shipbuilder, will introduce NavFleet to the existing NAVTOR digital ecosystem onboard its bulk carriers and container ships. This integrated system includes the NavStation digital chart table software (with automated Passage Planning)…
BV Sees Surge in Decommissioning Support Orders. Beats Its Full Year Target
Bureau Veritas Solutions Marine & Offshore, the marine and offshore technical advisory branch of Bureau Veritas, saw a surge in the decommissioning support field orders in the first six months of 2022.The company said that new decommissioning support deals in the UK, Brazil, South Africa, Australia, and New Zealand have led to BV Solutions M&O exceeding its full-year target by end-June – a target set…
Shipbuilding: Kangnam Delivers 41-knot Korea Express Ferry
The 72m passenger ferry Korea Pride, designed by Incat Crowther and built by Kangnam Corporation in Busan, South Korea, was delivered to Korea Express Ferry.The ship that will operate from Incheon on the west coast of South Korea, and it is unique in that it is reportedly the first ship of its type to be built in South Korea, which remains the world's shipbuilding powerhouse for large oceangoing ships.From the outset…