Ingalls Delivers Destroyer Delbert D. Black
Huntington Ingalls Industries’ (HII) Ingalls Shipbuilding division delivered the Arleigh Burke-class guided missile destroyer Delbert D. Black (DDG 119) to the U.S. Navy.Documents signed today mark the official transfer of custody of the ship from HII to the Navy. Delbert D. Black is scheduled to sail away from the Pascagoula, Miss. shipyard in August 2020.DDG 119 is the first ship named in honor of Navy veteran Delbert D.
Ingalls Awarded LCS Planning Yard Contract
Huntington Ingalls Industries’ (HII) Ingalls Shipbuilding division has been awarded a contract modification to exercise the first option year of the existing Littoral Combat Ships (LCS) Planning Yard contract. This option has a potential total value of up to $107.9 million for planning yard services in support of in-service LCS class ships.“Our outstanding and experienced Shipyard Planning Yard team…
NOIA Elects Cobb, McCarroll to Board Leadership Roles
The National Ocean Industries Association (NOIA) Board of Directors has elected Galen Cobb, Vice President of Industry Relations of Halliburton, as Chairman and Matt McCarroll…
World's Largest Containership HMM Algeciras Launched
South Korean ocean carrier HMM held a naming ceremony for the newly constructed 24,000 TEU-class containership HMM Algeciras, the world’s largest containership, at the Daewoo Shipbuilding & Marine Engineering’s (DMSE) Okpo shipyard in Geoje, Korea.The 399.9-meter HMM Algeciras is the first of a dozen 24,000 TEU-class vessels scheduled to be delivered this year, and takes the "world's largest" title from the 23…
Coronavirus-hit Ruby Princess Departs Australia
A cruise ship linked to a third of Australia’s coronavirus deaths has left the country after a month docked in local waters, the authorities said on Friday, as an…
Coronavirus Cases Count Climbing on Costa Atlantica
As many as 91 crew of an Italian cruise ship docked in the Japanese port of Nagasaki are infected with coronavirus, officials said on Friday, as questions persist…
Significant COVID-19 Outbreak on US Navy Destroyer
U.S. Navy destroyer USS Kidd (DDG 100) is believed to have a significant coronavirus outbreak on board as it carries out a counter-narcotics mission in the Caribbean, U.S. officials told Reuters on Friday, marking the latest challenge for the military in dealing with the virus.The officials, speaking on condition of anonymity, said that over a dozen sailors had tested positive for the virus. Given the size of ship…
BOEM Studies Renewables' Potential in US Gulf
The Bureau of Ocean Energy Management (BOEM), Gulf of Mexico OCS office published two new studies examining the potential for and impacts of renewable energy projects in the U.S. Gulf of Mexico.“Offshore Renewable Energy Technologies in the Gulf of Mexico” analyzed different offshore renewable energy technologies -- including wind, wave, tidal, current, solar, deepwater source cooling and hydrogen -- to determine which are best suited for development in the Gulf of Mexico.Offshore wind…
Baltic Exchange Adds Tanker OPEX Assessments
The Baltic Exchange has added quarterly assessments of the cost of operating crude oil carrying Aframax tankers and clean product carrying Medium Range (MR) tankers to its growing suite of shipping investor tools.The new service is based on assessments made by independent third-party ship management companies Anglo Eastern, Fleet Management and V-Ships. Using the full suite of independent Baltic Exchange indices…
Clipper Bulk Cuts Staff amid 'Historically Low Freight Markets'
Dry bulk operator Clipper Bulk announced it will reduce onshore staff in an effort to narrow costs amid historically low freight markets dragged down by the coronavirus pandemic.“The dry cargo market has struggled with unsustainably low freight rates for years, but the COVID-19 pandemic has made matters worse and caused a steep downturn in demand and freight rates. We need to adapt to this new reality…
Surge in Oil Tankers at Anchor off California
An increased number of oil tankers sit at anchor near the ports of Los Angeles and Long Beach as the volume of oil products held in floating storage around the globe has skyrocketed in the past month amid what analysts are saying is the biggest oil glut in history.There were 27 tanker vessels off the coast of Southern California Thursday afternoon, according to the U.S. Coast Guard, who is monitoring…
Maersk Drilling to Mothball Several Rigs, Reduce North Sea Headcount
Danish offshore drilling contractor Maersk Drilling is set to mothball several offshore drilling rigs, and as a consequence, reduce the number of offshore workers, citing low oil prices and the impact of COVID-19 pandemic as the reason."The COVID-19 pandemic and the lower oil price environment are impacting offshore drilling activity. Some tenders and projects are being delayed or canceled which adversely affects commercial prospects…
Supertanker Rates Ease After Spike. Could Jump Again Soon
Supertanker freight rates eased this week as surging demand for floating storage cooled and crude oil output is set to fall, but rates could jump again as fewer tankers become available and as traders take advantage of weak oil prices, sources said.Tanker rates jumped earlier in the week after U.S. WTI crude futures for May turned negative ahead of their expiry for the first time ever on Monday as desperate traders paid to get rid of oil…
Oil Storage Crunch May Affect Guyana Crude Shipments
Oil shipments from nascent crude producer Guyana's prolific Liza field could be affected by a growing storage glut that has contributed to plunging global crude prices…
