OOCL Loses Containers off Dutch Coast
The Dutch registered container ship OOCL Rauma lost at least five containers on Tuesday afternoon, 25 miles north of Ameland off the coast of the Netherlands, said Netherlands Coastguard.1…
EDF Buys Stake in Irish Offshore Project
French electricity giant Électricité de France (EDF) is moving into the Irish energy market.EDF Renewables, a subsidiary of the French energy utility, has acquired…
Damen Develops BWT Ex Deckhouse
Dutch shipbuilding and engineering conglomerate Damen Group said that it has developed standard Ballast Water Treatment Ex certified deckhouses that can withstand…
Barges Break Free on the Mississippi
The U.S. Coast Guard and local agencies responded to a multi-barge breakaway in the vicinity of mile markers 176 and 177 on the Upper Mississippi River, Wednesday.Watchstanders at Sector Upper Mississippi River received the report at 3 a.m. that there was a multi-barge breakaway from a fleeting area on the Upper Mississippi River.Multiple towing vessels in the area worked together to account for and…
Rand Logistics to Buy American Steamship Company
New Jersey-based Rand Logistics announced it has entered into a stock purchase agreement to acquire rival Great Lakes shipping company American Steamship Company…
Dredging at the Forefront of Corps' 2020 Work Plan
The U.S. Army Corps of Engineers' FY2020 Work Plan release on Monday places dredging at the forefront.“We welcome the FY 2020 Work Plan released by the Army Corps,” said William P. Doyle, CEO of the Dredging Contractors of America. “We’re ready – our dredging companies are hard at work on projects and continue to build new dredging ships for America’s ports, waterways and beaches.”The Work Plan is…
Austal Launches 109m Ferry
Austal Philippines launched Hull 419, a 109 meter high-speed catamaran ferry being built for Fjord Line or Norway at Austal's Balamban shipyard in Cebu.The vehicle-passenger ferry, to be known as FSTR, is the largest aluminium vessel ever launched in the Philippines – and the largest by volume ever built by Austal. It is scheduled to be delivered in the 2nd quarter of CY2020.“This new ship for Fjord Line of Norway is the first of many large…
WCI's Toohey Announces Retirement
Waterways Council, Inc. (WCI) President and CEO Michael J. Toohey has revealed plans to retire, the group announced to its Board of Directors and members at its meeting in Washington, DC on Wednesday.“Having turned 71 this month, I believe it is time to focus on my faith, family, my golf handicap and my other interests,” Toohey said. “I remain committed to WCI’s continued achievement now and in the…
Schottel Propulsion for Chinese Harbor Tug
Schottel won a contract to provide propulsion units for a new harbor tug under construction at Tongfang Jiangxin Shipbuilding in China. Ordered by the Taizhou Maritime Safety Administration, it will be equipped with SCHOTTEL Rudderpropellers type SRP 430. Each of the azimuth thrusters will be driven by a 1,920 kW diesel engine at 750 rpm. This configuration aims to provide an expected bollard pull…
Titan Acquires HII's San Diego Shipyard
One the United States' largest fleet service and ship repair sites is changing hands.Ship repair and commercial- and defense-related fabrication services provider Titan Acquisition Holdings announced on Wednesday it has reached a deal to acquire San Diego Shipyard from Huntington Ingalls Industries (HII). Financial terms were not disclosed. The transaction, expected to close in the second quarter, is subject to customary closing conditions.The San Diego Shipyard…
Baltic Index Edges Up
The Baltic Exchange's main sea freight index inched higher on Wednesday, helped by an uptick in rates for panamax vessels, but sentiment remained negative as the coronavirus outbreak disrupted vessel shipments.The Baltic index, which tracks rates for capesize, panamax and supramax vessels that ferry dry bulk commodities, was up 3 points, or 0.7%, at 421.The main index slid to a near 4-year low of 411 on Monday.Global ship deliveries have been hit as yards in China struggle to get fully back to w
Stephens Elected PVA President for 2020
Colleen Stephens, President of Stan Stephens Glacier & Wildlife Cruises will be President of the Passenger Vessel Association (PVA) for 2020, the trade association announced.Elected during the PVA Annual Convention at MariTrends 2020 held February 3-6, 2020 in Tampa, Fla., Stephens reaffirmed PVA's commitment to continuously improving safety in passenger vessel operations as well as the association's engagement in being good stewards of the environment.
US Seaborne Crude Oil Exports Up 51%
December could boast another all-time high for US seaborne crude oil exports, totaling 13.9 million metric toes and exceeding the previous October record by almost a million metric tons. In 2019, 133 million metric tons of sweet US crude oil was exported by sea, a 51% increase from 2018.Due to the US shale revolution, the country became a net seaborne crude oil exporter in October 2019, and the record-breaking exports in December solidified the trend…
Cruise Ship Stranded by Coronavirus Fears to Dock in Cambodia
Cambodia has agreed to let a cruise ship, that has been turned away by five countries over fears that someone aboard may have the coronavirus, to dock and disembark its passengers, the Holland America Line said on Wednesday.The MS Westerdam, which has 1,455 passengers and 802 crew on board, will dock at the Cambodian sea port of Sihanoukville on Thursday, the company said.The ship - which says it has no sick passengers - has been turned away from Thailand…
Coronavirus Disrupts Global Ship Deliveries
Global ship deliveries have been hit as yards in China struggle to get fully back to work as a result of the coronavirus outbreak, with one shipbuilder saying it could not deliver two vessels.The coronavirus has caused chaos in Asia and beyond with flights suspended, businesses disrupted and entry restrictions imposed by governments trying to ward off its spread. The global shipping trade has also been hit.China's Jiangsu New Times Shipbuilding…
Maersk Names Jany CFO
A.P. Moller - Maersk has appointed Patrick Jany as its new chief financial officer, effective May 1, 2020.Jany, a German citizen, joins the world's largest shipping company as CFO and a member of the executive board after more than two decades with Swiss chemicals company Clariant, where he's been CFO since 2006. Prior to his role as CFO, he held several leadership positions within finance, general management and corporate development in Clariant in Germany…
USA Ups BOEM Offshore Wind Budget
The Trump Administration has proposed a $189m fiscal year 2021 budget for the Bureau of Ocean Energy Management (BOEM), designating just under $27m for offshore…
Shell, Qatargas Sign LNG Deal for Kuwait
The world’s largest liquefied natural gas (LNG) producer Qatargas has signed a new, long-term LNG sale and purchase agreement (SPA) with Shell to deliver 1 million tons per annum of LNG to Kuwait…
MISC Clinches Petrobras Contract
Malaysia International Shipping Corporation Berhad (MISC) announced that its wholly-owned subsidiary, AET Tanker Holdings Sdn Bhd, has been awarded long-term charter…
AAL Shipping Launches New Service
The global ocean transport operator AAL Shipping has launched a new Europe-Middle East/India-Asia Monthly Liner Service to serve the market’s multipurpose vessels…
