Another Ship Hit in the Red Sea
Disruptions to Red Sea shipping caused by Houthi attacks will push up prices of consumer goods, an executive from port and freight operator DP World said on Tuesday as a missile struck another vessel in the region.The Iran-allied Houthi militia has threatened to expand its attacks to include U.S. ships in response to American and British strikes on its sites in Yemen.Attacks by the Houthis on shipsā¦
First Newbuilds Delivered to Baltnautic Holdings
Damen Shipyards Group announced it has delivered a pair of Damen Combi Freighter 3850 vessels to Baltnautic Holding B.V.The newbuilds, Indigo and Violet, were built at Damen Yichang Shipyard in Shanghai, China. A third Combi Freighter for Baltnautic Holding B.V. is currently under construction at the same yard and is set to be delivered in November this year.The vessels are the first new builds in the history of Baltnautic Holding B.V. and will be deployed for operations in Europe.
Sovcomflot Considering Alternative Shipping Routes in Case of Red Sea Escalation
Russia's leading tanker group Sovcomflot is considering alternative shipping routes in case of further escalation of the crisis in the Red Sea, the TASS news agency reported on Tuesday.The United States and Britain launched a series of strikes on Yemen last week aimed at the Iran-backed Houthi militia, whose attacks on international shipping have disrupted one of the world's most important trade routes since December.According to British maritime security firm Ambreyā¦
New Leadership at Mustang Survival and Wing Group
Kenny Ballard has been appointed Mustang Survivalās new President, taking over responsibilities from Juanita Killen, who stepped into the role of Interim President in 2023. Additionally, Lance Richardson takes on the newly created role of VP, Manufacturing and Innovation for the Wing Group, Mustang Survivalās parent company.Ballard brings a wealth of experience from previous executive roles with renowned brandsā¦
"Port of the Future" Announces Comms Awards
The Borders, Trade, and Immigration Institute, a Department of Homeland Security Center of Excellence, led by the University of Houston, announced the creation of the annual Port of the Future Award for āExcellence in Port Communications and Community Relations.ā Each year, this award will be presented at the annual Port of the Future Conference, held the first week of April, in Houston, Texas. Finalistsā¦
Accelleron Helps KMTC Save Over $500M with Digital Optimization Tool
Korea Marine Transport Company Ship Management (KMTC SM) has reported annual fuel savings worth approximately $540,000 in total, after installing Accelleronās digital engine optimization solution Tekomar XPERT on 12 Panamax vessels.Tekomar XPERT delivers engine optimization recommendations based on thermodynamic insights that aim to bring engines back to operating performance achieved at ānewā condition.The solution can be applied to any engine and turbocharger make.
Purus Selects DNV to Class Its First VLEC Newbuilds
UK-headquartered shipowner Purus has selected DNV to class its two Very Large Ethane Carriers (VLEC) newbuilds.The vessels have been contracted at HD Hyundai Heavy Industries (HHI) in South Korea and scheduled for delivery in 2026-2027.With a cargo carrying capacity of 98,000cbm, the two VLECs will be fitted with GTTās Mark III membrane containment system.The vessels will be equipped with dual-fuelā¦
NYK Line Stops Vessel Transits in Red Sea
Japan's Nippon Yusen, the country's biggest shipper by sales, on Tuesday suspended navigation through the Red Sea for all the vessels it operates, a spokesperson told Reuters.The company, also known as NYK Line, has also instructed its vessels navigating near the Red Sea to wait in safe waters and is considering route changes, the spokesperson said.It is the latest operator to cease traversing theā¦
Qatari LNG Tankers Resume Course Via Red Sea
Four tankers used for shipments of Qatari liquefied natural gas (LNG) have resumed course after pausing for several days amid maritime attacks by Yemen's Iran-aligned Houthis in the Red Sea, LSEG shiptracking data showed on Tuesday.The Houthi attacks, in what they call a bid to support Palestinians in the war with Israel, have disrupted trade on the main East-West route that makes up about 12% of global shipping traffic.On Mondayā¦
BMA Technology Supplies Electrics for Two āGreenā Containerships
BMA Technology has delivered a suite of electrical solutions for two new A2B-onlineās multi-fuel container vessels, being built at Sedef Shipyard in Turkey.BMA Technology has provided a comprehensive suite of electrical solutions to power A2B-online's environmentally friendly container vessels, each with a capacity of 650 TEU.This includes components such as electric drives, motors, Li-ion batteriesā¦
Austal USA Launches Large USV Vanguard for US Navy
The U.S. Navyās newest Overlord Unmanned Surface Vessel Vanguard (OUSV3), was recently launched from Austal USAās shipyard in Mobile, Ala. Vanguard is the first USV for the Navy purpose-built for autonomous operations from the keel-up.Vanguard is being jointly developed by a team led by Austal USA and L3Harris. Once outfitting and testing is completed, Vanguard will autonomously transit to San Diego, joining sister ships, OUSV2 Ranger and OUSV4 Mariner, as part of the Navyās USV Division 1.
BRIX Marine Delivers Newbuild for Haleiwa Shark Tours
Port Angeles, Wash. boatbuilder BRIX Marine has delivered Kamohoali'i, a state-of-the-art 40- by 14-foot high tunnel catamaran (HTC) purpose-built for Haleiwa Shark Tours on the North Shore of Oahu, Hawaii.With a full-width open cabin Superstructure on a 4014-CTC hull form, the USCG Subchapter "T" inspected vessel has capacity for 29 passengers and two crew.Kamohoali'i is powered by twin Volvo 380HPā¦
Xeneta Appoints Luykx as Chief Revenue Officer
Ocean and air freight rate benchmarking and intelligence platform Xeneta has appointed Tonia Luykx to spearhead its journey to drive revenues through an industry data revolution.Luykx, who has a track record for building and scaling SaaS and tech businesses including Sift, Google, Dropbox and Amazon, has now set her sights on global logistics in the position of Chief Revenue Officer at Oslo-based Xeneta.She saidā¦
Houthis Say They Will Target US Ships
Yemen's Houthi movement will expand its targets in the Red Sea region to include U.S. ships, an official from the Iran-allied group said on Monday, as it vowed to keep up attacks after U.S. and British strikes on its sites in Yemen.Attacks by the Houthis on ships in area since November have impacted companies and alarmed major powers in an escalation of Israel's more than three-month war with Hamas militants in Gaza.
US SECNAV Directs Naval Shipbuilding Review
The United States' Secretary of the Navy Carlos Del Toro is directing a comprehensive analysis of the Navy shipbuilding portfolio amid ongoing labor issues and supply chain shortages that have negatively impacted vessel delivery timelines.Del Toro tasked newly-confirmed Assistant Secretary of the Navy for Research, Development & Acquisition (ASN RD&A) Nickolas Guertin and Commander Naval Sea Systems Command Vice Adm.
Houthis Hit US-owned Dry Bulk Ship, No Injuries
Houthi forces in Yemen struck the U.S.-owned and operated dry bulk ship Gibraltar Eagle with an anti-ship ballistic missile, U.S Central Command said on Monday, although there were no reports of injuries or significant damage.The vessel's U.S.-based operator Eagle Bulk Shipping said that it was hit by an "unidentified projectile" while sailing 100 miles off the Gulf of Aden and suffered limited damage to its cargo holdā¦
Corvus to Integrate Ammonia Cracker with Its Pelican Fuel Cell
Corvus Energy on Monday announced it has been awarded funding through the EU's Horizon Europe Framework Program for the integration of ammonia cracker technology with its Pelican Fuel Cell system.The project, titled āAPOLOā, is a collaboration between several partners and aims to solve the challenges of power conversion from ammonia and develop an efficient and flexible ammonia cracking technology for the maritime sector.The four-year programā¦
Exploring 'Future Fuels' - Methanolās Superstorage Solution
Technical inquiries to SRC Group ramped up after it received Approval in Principle (AIP) for a concept which āreinvented methanol fuel storageā on board ships. Delivering the answers has seen technical talk converting into project discussions āGreenā methanol has the ability to one day run vessels almost emission-free, and commercial shipping increasingly investigates. Derived today principally from natural gas, methanol is nonetheless available, relatively easy to handle and predictable.
Houthis Vow to Keep Up Red Sea Attacks
The chief negotiator for Yemen's Houthis said on Monday the group's stance has not changed since U.S.-led air strikes on its positions, and warned that attacks on ships headed to Israel will continue.U.S. and British warplanes, ships and submarines last week launched dozens of air strikes across Yemen in retaliation for Houthi attacks on Red Sea shipping, which the Iran-aligned movement cast as a responseā¦
Inchcape Shipping Services Names Svend Stenberg Mølholt CCO
Port agency and marine services company Inchcape Shipping Services (ISS) announced the appointment of Svend Stenberg Mølholt as Chief Commercial Officer, effective January 9, 2024.Svend has been in the shipping industry for 20 years, most recently serving as the Group COO in Monjasa Holding, a global fuel and shipping company. While serving as the Group COO, Svend also held the position of Chairman of the Board at RelateIT, one of Denmarkās largest NAV/Business Central partners.