Wärtsilä Launches FuelFlex ICU Upgrading System
Wärtsilä launched its FuelFlex Injection Control Unit (ICU) upgrading solution available for retrofitting on vessels with Wärtsilä RT-flex96C-B and RT-flex84T-D two-stroke engines to meet the requirements of operating its RT-flex type two-stroke diesel engines with both residual and low-viscosity marine fuels. According to Wärtsilä, this is particularly relevant in view of the industry’s increasing…
Austal Vietnam Launched Its First Vessel
Australia-based shipbuilding group Austal Limited said its Vũng Tàu, Vietnam shipyard launched its first vessel, a 94 -high-speed catamaran for the National Infrastructure Development Company (NIDCo) of Trinidad and Tobago.The vehicle-passenger ferry, to be named APT James, is the first vessel to be constructed by Austal Vietnam since the shipyard was officially opened in November 2018.The Austal Auto Express 94 is an all-new aluminum catamaran design…
Iranian Tanker Docks in Venezuela
The first of five Iranian tankers carrying fuel to Venezuela has moored at a port serving the El Palito refinery, the oil minister said on Monday, and Refinitiv…
Fishermen Rescued After Two Weeks Adrift at Sea
Two fisherman reportedly adrift for two weeks and presumed lost at sea were rescued with help from a good Samaritan towboat crew and the U.S. Coast Guard.Domingo Jimenez, 45, and Ramon Castillo, 29, both from Santo Domingo, Dominican Republic, departed Samana, Dominican Republic on May 2. On May 5, USCG Sector San Juan watchstanders received a report from a concerned family member stating Jimenez and…
The Philippines Answers Call of Cruise Workers Begging to Go Home
Philippine President Rodrigo Duterte has given his government a week to process some 24,000 repatriated Filipino workers stuck for weeks on cruise ships or in coronavirus quarantine…
Containership Loses Boxes in Heavy Seas off Australia
A Singapore-flagged containership lost at least 40 containers overboard in heavy seas off the coast of Sydney, the Australian Maritime Safety Authority (AMSA) said.Just after 6:10 a.m. Sunday, the APL England experienced a temporary loss of propulsion and began rolling heavily, causing container stacks to collapse and several containers to fall overboard in about 2,000 meters water depth, about 73 kilometers southeast of Sydney.The ship's power was restored within a few minutes…
BIMCO Tanker Rate Analysis: Reality Kicks In, Rates Fall
Tanker shipping: sky high freight rates replaced by reality of falling global oil demandGeopolitical tensions have now eased, leaving freight rates to feel the full effects of the weak underlying market and falling demand. Tanker shipping looks set to be under pressure for the rest of the year.Demand drivers and freight ratesThe tanker shipping industry was once again caught in a whirlwind, as freight…
Kidnapped Containership Captain Freed
The Bulgarian captain of a Portuguese-flagged cargo ship who was kidnapped along with seven other sailors by pirates off the coast of Benin last month, has been freed…
Dryad: Intruder Boards Maersk Ship in Congo
Maritime safety intelligence firm Dryad has cited reports according to which the containership Maersk Regensburg was illegally boarded by one individual at the Banana…
Mammoet Lands its ‘Biggest Ever’ Contract at Arctic LNG 2 Project
Dutch heavy lift and transportation company Mammoet has said it has won its largest-ever contract at the Arctic LNG 2 project in Russia.Mammoet said Monday the contract was awarded by Technip-led joint venture NovArctic in cooperation with Saipem and NIPIgas. Under the contract, Mammoet will be responsible for unloading, transportation, and installation for the Novatek-operated Arctic LNG 2 project.The $21.3 billion Arctic LNG 2 project…
Iranian Fuel Tanker Moors at Venezuela's El Palito Refinery
The first of five Iranian tankers carrying fuel to Venezuela has moored at Venezuela's El Palito refinery, Iran's English-language Press TV reported on Monday.Iran is…
Japan's NYK Line Sees COVID-19 Cutting Profit by $557M
Japanese shipping company Nippon Yusen KK expects the coronavirus pandemic to reduce its recurring profit by 50-60 billion yen ($464 million-$557 million) for the year to next March, an executive said on Monday."Our assumption is that the worst impact from the pandemic will be seen in the April-June quarter, with economic activity slowly picking up after that," Toru Maruyama, a corporate officer at Nippon Yusen…
Iran Fuel Shipment Nears Venezuelan Shores, Maduro Thanks Tehran
The lead vessel of a five-tanker flotilla carrying fuel supplied by Iran to gasoline-thirsty Venezuela neared one of state-run PDVSA's ports as President Nicolas…
Fugro Gets $17.3M from Huawei Marine Networks Deal
Dutch offshore services provider Fugro has said it has received $17.3 million from the sale by Global Marine Group of a 30% stake in Huawei Marine Networks (HMN) to Hengtong Optic-Electric Co Ltd. The proceeds are in addition to EUR 34.0 million which Fugro received in the first quarter of 2020 from the divestment of its 23.6% stake in Global Marine Group, which was bought a J.F. Lehman & Company affiliate…
Prysmian Targets Half of Sales from Low-Carbon Products by 2022
Prysmian, the world's largest cable maker, pledged on Friday to raise the share of revenues from low carbon products to 50% by 2022 as part of plans to cut its carbon footprint.The Italian company, which supplies cables for industries ranging from high voltage power transmission to offshore wind-farms, telecoms and cars, said in a statement it aimed to cut carbon emissions by 2-3% by 2022.It said it also aims to reduce energy consumption by 3% in the time period."The energy transition is our cor
President Trump Issues National Maritime Day Proclamation
In recognition of National Maritime Day, held on May 22 each year, President Donald Trump issued a proclamation honoring the U.S. maritime industry. The full text is below.Since the founding of our great Nation, we have relied on merchant mariners to deliver goods to market and strengthen our national security. On National Maritime Day, we recognize the United States Merchant Marine for all it does…
Smith Named CEO of Fincantieri Marine Systems N.A.
This week marked the start of new leadership at Chesapeake-based Fincantieri Marine Systems North America, as Ryan W. Smith assumed the position as CEO for the company.Smith brings over 15 years of experience in program management and engineering roles with Northrop Grumman and BAE Systems, as well as project management and lifecycle consulting services for major defense contractors and ship repair organizations focusing primarily on support of U.S. Navy programs.
Tankers Carrying Iranian Fuel Approach the Caribbean
A flotilla of five tankers carrying Iranian fuel for gasoline-starved Venezuela is approaching the Caribbean, with the first vessel expected to reach the South American country's waters on Sunday…
When the Bell Rings: Honoring US Merchant Mariners
This Memorial Day, as we rightfully honor the military men and women who gave their lives winning and protecting our freedoms, let us not forget an often-overlooked remembrance for the thousands of U.S. merchant mariners who also died serving our country in their own selfless ways.In 1933, by a joint Resolution of Congress and by Proclamation of the President of the United States, May 22 was set aside as National Maritime Day to honor the sacrifices of U.S.
Japanese Partners Join Asahi's Electric Vessel Project
A group of Japanese partner companies have signed onto a project initiated by Asahi Tanker Co., Ltd. to build the world's first zero-emission, fully electric-propulsion bunker supply vessel.The so-called e5 Consortium, including Asahi Tanker Co., Ltd., Idemitsu Kosan Co., Ltd., Exeno Yamamizu Corporation, Mitsui O.S.K. Lines, Ltd., Tokio Marine & Nichido Fire Insurance Co., Ltd., Tokyo Electric Power Company…
