Israel to Pay Compensation for Ships Damaged in Gaza War
Israel will provide compensation for ships that are damaged due to the war in Gaza and the government is taking steps to minimise risks for vessels using the country's ports, government advisories said.Israel has vowed to annihilate the Hamas Islamist group after its fighters stormed through Israeli towns from Gaza on Oct. 7, killing 1,400 people and seizing more than 220 hostages in the worst attack…
USCG Eases Firefighting Training Requirements for Towboats
The U.S. Coast Guard has moved to ease firefighting training requirements for towing vessels operating on America's inland waterways.The agency this week issued a final rule revising the training requirements for national Merchant Mariner Credential endorsements as master of towing vessels (limited) or mate (pilot) of towing vessels on inland and western rivers routes, excluding the Great Lakes.Consistent…
Metal Shark Building Fireboats for Anne Arundel County FD
Louisiana-based boat builder Metal Shark is building two welded-aluminum fireboats for Anne Arundel County Fire Department in Maryland.The new 50 Defiant NXT monohull pilothouse fireboats were designed by Metal Shark’s in-house engineering team and are now under construction at the company’s Franklin, La. shipyard. The newbuilds were ordered to replace the department's 20-year-old main fireboat, Lady Anne, delivered from MetalCraft Marine in 2023.
Silverstream and MAN Ink Collaboration Agreement
Silverstream Technologies announced it has signed a collaboration agreement with marine engine designer MAN Energy Solutions to explore solutions to drive retrofits and newbuild installations of its air lubrication system aboard vessels featuring MAN's two stroke engines.With approximately half of the world’s commercial ships powered by MAN Energy Solutions, the collaboration will help further accelerate the adoption of Silverstream’s air lubrication technology…
Sea Forrest's Marine Battery System Earns BV Approval
Sea Forrest (SF), a provider of specialist marine electric propulsion and energy management solutions, has been awarded type approval from Bureau Veritas (BV) for its SEAGEN 11 modularized marine propulsion battery module system.SEAGEN 11 is the first marinized lithium-ion battery system for marine propulsion to be designed, built and assembled in Singapore. Together with the battery management system…
Container Shipping Fleet gets 'Long in the Tooth'
Global container ship fleet is showing its age, reaching highest average age on record of 14.2 years.“Container ships have reached their highest average age yet at 14.2 years, the highest average age of the three main shipping sectors. The dry bulk fleet has an average age of 11.9 years whereas tankers on average are 12.8 years old,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO.The average…
Europe's Offshore Wind Power Goal Hits New Snag: Security
As Europe turns to renewable sources to diversify energy supplies away from Russian oil and gas, a peaceful marine scene conceals a billion-dollar security headache.Rising above the Baltic Sea less than 10 km (6 miles) off the coast of Denmark, 161 wind turbines spin slowly. They supply around 4% of the country's power, sent to shore through two cable connections.The turbines have no barriers or surveillance."Our technicians are only here until five o'clock in the afternoon…
Ocean Freight Shipping: Rough Seas Ahead, But Growth Still on the Horizon
The Xeneta Summit has heard the ocean freight shipping industry will find new ways of working together in the face of a volatile market.Stanley Smulders, Director of Marketing & Commercial at Ocean Network Express (ONE), took part in a keynote Q&A with Xeneta CEO Patrik Berglund during the Summit in Amsterdam this week to discuss the major challenges facing the industry.While there are rough seas ahead…
TotalEnergies Commissions FSRU in Port of Le Havre
French oil major TotalEnergies on Thursday announced the commissioning of the Cape Ann, its floating storage and regasification unit (FSRU) for liquefied natural gas (LNG) located in the port of Le Havre. The terminal injected its first megawatt-hours (MWh) of gas into the grid operated by GRTgaz, using LNG from Norway.TotalEnergies has contracted 50% of the terminal's annual capacity of around 5 billion cubic meters, to supply it with LNG from its global portfolio.
Ukraine Suspends New Black Sea Grain Corridor Due to Threat from Russian Warplanes
Ukraine has suspended the use of its new Black Sea grain corridor due to what it sees as a threat from Russian warplanes, the Kyiv-based Barva Invest consultancy said on Thursday."We would like to inform you of a temporary suspension of vessel traffic to and from (the ports). The current ban is in force on October 26, but it is possible that it will be extended," the consultancy said on the Telegram…
World's Ghost Fleet in Focus Over US Russian Price Cap Crackdown
U.S. penalties on shippers transporting Russian oil in breach of the G7's price cap could push more Russian cargoes onto vessels referred to as the ghost fleet and away from mainstream tankers, shipping sources and analysts told Reuters.The cap bans Western companies from providing maritime services for Russian seaborne oil exports sold above $60 a barrel.It was designed to keep oil flowing to markets while reducing Russia's energy earnings that it can use to finance its war on Ukraine…
