Markey Machine Hires Atkinson as Business Development VP
Scott R. Atkinson has joined winch and deck machinery manufacturer Markey Machine as vice president of business development. Atkinson’s previous business development roles were at the former Rapp Hydema (now part of MacGregor), AdvanTec Marine and Arctic Storm, as well as through his consulting firm, Jaeger Marine. Prior new business included advances into offshore wind, offshore oil and gas, research vessels…
Israel Urges Brazil to Undock Iranian Warships
Israel on Thursday criticised Brazil's decision to grant berth to two Iranian warships in the face of U.S. pressure, and urged President Luiz Inacio Lula da Silva's government to send them away.The vessels docked in Rio de Janeiro on Sunday. Reuters reported that Brazil had declined to admit them in January, in a goodwill gesture from Lula as he flew to Washington to meet U.S. President Joe Biden.Israel and Iran have been locked in a Cold War-style conflict for decades…
WALLENIUS SOL Names Karle COO
Swedish RoRo shipping company WALLENIUS SOL announced it has appointed Henrik Karle as chief operating officer (COO).with more than 20 years of experience and an extensive track record from the shipping industry, Karle has from 1 March 2023 taken a position on the WALLENIUS SOL management team. He comes from a role as technical manager at the marine insurance company The Swedish Club, and before that he held the position as managing director at AdMare Ship Management.
2M Discontinuation Unlikely to Impact Other Shipping Alliances - Hapag Lloyd
The end of the 2M container shipping alliance between Danish operator Maersk and Swiss-based MSC is unlikely to have a bearing on other alliances, under which groups of carriers cooperate, the head of Germany’s Hapag-Lloyd said on Thursday.“The fact that Maersk and MSC will not continue after the end of 2024 is not a huge surprise as the companies have vastly different strategies,” said CEO Rolf Habben Jansen in a call with analysts.“I don’t think that will have massive effect on the other allia
Design Profile: Glosten's SA-100 Methanol-hybrid Tug
The commercial maritime industry is seeking solutions to improve efficiency and reduce emissions, and a wide range of new solutions are coming to market to answer the call. Among these is a new design for a methanol-hybrid tug from naval architecture and marine engineering firm Glosten. The SA-100, developed in collaboration with systems integrator ABB, is a high-powered tug with 90-ton bollard pull that’s “intended to give operators a means to improve environmental performance…
Bollinger Delivers USCGC Maurice Jester
Bollinger Shipyards announced it has delivered the USCGC Maurice Jester to the U.S. Coast Guard in Key West, Fla.. This is the 178th vessel Bollinger has delivered to the U.S. Coast Guard over a 35-year period and the 52nd Fast Response Cutter (FRC) delivered under the current program.Measuring in at 154-feet, FRCs have a flank speed of 28 knots, state of the art C4ISR suite (Command, Control, Communications…
Ward Leonard Unveils New AC Induction Motor Line
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, introduces the Novo1 motor line by Ward Leonard, the newest AC induction motor line for naval vessels.Described by the manufacturer as "durable" and "reliable", the Novo1 motor line is modular in design, has a commonality of parts, and has a variety of mounting configurations, speeds, and enclosure types available to meet any shipboard requirements.
US LNG Exports Flat Despite Freeport LNG Partial Restart
U.S. exports of liquefied natural gas (LNG) were flat last month at 6.84 million tonnes, shipping data showed on Thursday, even as a long-idled Texas processing facility began shipping the fuel during an ongoing restart.Freeport LNG's Texas plant, the second-largest LNG export facility in the United States, began resuming some processing and export operations in February following an eight-month outage…
Dry Bulk Vessel Rates Rise on Stronger Vessel Demand
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose to its highest level since early January on Thursday, supported by stronger rates across all vessel segments.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, rose 46 points, or about 4.2%, to 1,145, its highest since Jan.
New US Sanctions Target Iranian Shipping
The United States imposed new sanctions on Thursday on Iranian or Iran-linked shipping and petrochecmical companies, including two shipping firms based in China, the Treasury Department's website showed.The sanctions also target 20 shipping vessels linked to firms in China, Vietnam and the United Arab Emirates, the website showed.The website did provide details on the new sanctions. A Treasury spokesperson referred questions to the State Department…
Norwegian Firms Establishes Freight Route for Uncrewed Cargo Vessels
Norwegian firm Maritime Robotics said it has been given the green light to establish a freight route for its uncrewed vessels in the Trondheimsfjord in Norway.With approval from the Norwegian Coastal Administration and the Norwegian Maritime Directorate, Maritime Robotics will now operate its environmentally friendly and sustainable uncrewed surface vehicles (USV) to transport goods and equipment between its headquarters in Trondheim and production premises in Vanvikan…
Kongsberg Digital Launches Industrial Work Surface to Transform Carbon-Intensive Industries
Kongsberg Digital has launched its Industrial Work Surface, which aims to "fundamentally change how carbon-intensive industries operate by enabling the company’s software users to work within a single digital environment.""By providing end-to-end user workflows, Kongsberg Digital’s customers will benefit from cleaner, more efficient, and lower cost operations, reinforcing the company’s proven technology already deployed across the energy and maritime sectors…
Hapag-Lloyd CEO Optimistic About Shipping Development in India
German container liner Hapag-Lloyd sees great opportunity in India where containerization levels are still low, chief executive Rolf Habben Jansen told reporters on Thursday. Having accompanied German Chancellor Olaf Scholz on a recent visit, he came away with optimism, Habben Jansen said at an earnings press conference. "We are certainly committed to that market...it is going to grow faster than average…
China Importing Russian Oil at Record Pace
China's seaborne imports of Russian oil are set to hit a record this month after refiners took advantage of cheap prices as domestic fuel demand rebounded, but Russia's plan to cut exports will likely cap buying in coming months.Hefty Chinese buying, alongside robust Indian demand, has been spurred by steep price discounts but is providing Moscow much-needed revenue after the Group of Seven imposed a $60 price cap on Russian crude."Price is the king…