Canadian Shipyards Partner to Bid for Polar Icebreaker Build
Two Canadian shipyards have joined forces in a bid for the contract to deliver the next polar icebreaker under Canada's National Shipbuilding Strategy (NSS).Seaspan Shipyards (Vancouver Shipyards Co. Ltd.) and Heddle Shipyards (Heddle Marine Service Inc.) announced Tuesday they will big as partners to build the Canadian Coast Guard’s future polar icebreaker to replace the decades old CCGS Louis S.
Market Report: Tankers
Total number of Tanker orders are down by 26% for 2020 YTD compared to the same period in 2019. By comparing to 2018 YTD, this year there have been half the number of orders placed. This comes as no surprise as Europe and the US entered the lockdown phase of the pandemic earlier this year, only a month or so after the Chinese industry shut down. However, towards the end of May 2020 orders were placed for both VLCC’s and Suezmaxes by the Greeks…
Tech Partners Aim to Assist Cruise Rebound
Terminal operating systems (TOS) solutions provider Tideworks Technology has entered into a joint venture with software applications and consulting services company Brenock Technology to deliver tech solutions aimed at helping the cruise industry rebound from the coronavirus pandemic.Cruise lines and marine terminals are facing unprecedented disruption during the COVID-19 pandemic, with widespread…
Construction of Finnlines’ Next Vessel Kicks Off in China
Finnlines' newbuilding program is continuing as planned despite service disruptions and market upheaval brought about by the coronavirus pandemic. Construction of the Finnish RoPax operator’s newest environmentally friendly vessel commenced Monday with the steel cutting in the Chinese Nanjing Jinling shipyard.The newbuild is one in a series of of three environmentally friendly hybrid 238 roll-on, roll-off (RoRo) vessels on order.
Conrad to Build TSHD for Great Lakes Dredge & Dock
Great Lakes Dredge & Dock Corporation signed a contract with Conrad Shipyard for the construction of a new 6,500-cubic-yard-capacity trailing suction hopper dredge (TSHD) for scheduled delivery in the first quarter of 2023.The deal includes an option to build an additional dredge, the U.S.' largest dredging services provider said on Tuesday.Conrad will perform the detail design and construct the dredges at its Amelia, La.
INSIGHTS: Mary Ann Bucci, Executive Director, Port of Pittsburgh Commission
Mary Ann Bucci has spent her entire career in many different aspects of the logistics profession, selling container space on international vessels for SeaLand Service, leasing railcar equipment for GE Railcar Services, and negotiated rail rate for Aristech Chemicals. Having spent the last 19 years advocating for the inland waterways system, specifically for the Port of Pittsburgh District, Bucci weighs…
Ingalls Shipbuilding Reopens Facility Wrecked by Katrina
Ingalls Shipbuilding has reopened its rebuilt and modernized facility on the east bank of the Pascagoula River after much of the site was destroyed by Hurricane Katrina in 2005.The Pascagoula, Miss. shipbuilder announced Friday that it moved the newly built destroyer Delbert D. Black (DDG 119) to the east bank's Pier Four, signifying the site's official reactivation. Ingalls, a division of Virginia-based naval shipbuilding giant Huntington Ingalls Industries…
RightShip Launches New Safety Score
Maritime risk management and environmental assessment organization RightShip launched its new Safety Score in response to industry feedback that called for more transparent methods of assessing vessels.RightShip said it has spent the last two years working in collaboration with stakeholders from across the shipping industry. The new Safety Score provides a metric that is explainable, transparent and only includes factors which are in the control of the operator…
Gauging Impact of Fincantieri's French Deal to Take Time, Says EU's Vestager
Gauging the market impact of Italian shipyard Fincantieri's bid for France's Chantiers de l'Atlantique is proving difficult and is likely to take some time, the European Union's antitrust chief Margrethe Vestager said on Tuesday.Italy sees the deal by Europe's largest shipyard as an opportunity to create a European industrial champion in the shipbuilding industry to better compete with rivals from Asia and other regions.EU antitrust enforcers, however, worry the deal between two global leaders i
Workboat Industry Sets Out to Accelerate Decarbonization
The Workboat Association, the trade, skills and safety standards association for the workboat industry, have announced a new technical working group, with Andy Page of Chartwell Marine, a pioneer in next-generation vessel design, leading as Chairman.The group aims to accelerate the decarbonisation of the workboat sector, in line with the Clean Maritime Plan, by taking a proactive approach to technical support for the supply chain and future technologies.
Greece, Italy to Sign Accord on Maritime Zones
Greece and Italy will sign an agreement on maritime boundaries during a visit by Italy's foreign minister to Athens on Tuesday, the Greek Foreign Affairs Ministry said.The deal follows months of tensions in the Eastern Mediterranean region over natural resources. Turkey, Greece and Cyprus have been caught in a complex diplomatic standoff over the issue.Details of the deal were not immediately available.Italian…
Mellquist Tapped as Next President at Volvo Penta
Heléne Mellquist has been appointed as President Volvo Penta and new member of Volvo Group Management. She will replace Björn Ingemanson, who is retiring. Mellquist, born in 1964, currently holds the position as President for the European Division at Volvo Trucks. Her career at the Volvo Group began in 1988 and she has held many senior positions at the company. She has also held the position as CEO at TransAtlantic 2012-2015.
Gula Skrinet AB to Acquire Caterpillar Propulsion AB
Gula Skrinet AB reached an agreement with Caterpillar Luxembourg Sarl to acquire Caterpillar Propulsion AB and its subsidiaries. The sale is expected to close on June 30, 2020. Caterpillar Propulsion AB, formerly Berg Propulsion AB, is a manufacturer of mechanically and electrically driven propulsion systems and marine controls for ships.The proposed acquisition includes Caterpillar Propulsion AB and its subsidiaries…
Temasek Supports Sembcorp Marine's $1.5B Rights Issue
Singapore's Temasek Holdings stepped in on Monday to support a S$2.1 billion ($1.5 billion) rights issue by Sembcorp Marine as the state investor moves to help the city-state's struggling rig-building sector.Following the deal, loss-making Sembcorp Marine, which has been hit hard by an industry downturn, plans to demerge from its parent company Sembcorp Industries."It's just the next step in Singapore's long overdue consolidation of the offshore and marine sector…
U.S. Gulf of Mexico Oil Firms Resuming Output as Storm Passes
Energy companies on Monday began preparations to resume oil and gas production in the U.S. Gulf of Mexico, a day after Tropical Storm Cristobal blew through with high winds and heavy rains.Producers had evacuated 182 offshore facilities and shut in about a third of oil and gas production in U.S. Gulf of Mexico wells as of Monday.Royal Dutch Shell Plc, Murphy Oil Corp and BP Plc were among the companies…
Shell Cuts Havila Crusader PSV Charter
Norwegian offshore vessel provider Havila Shipping has said that Shell has cut the contract for the Havila Crusader platform supply vessel early.The vessel was chartered from January 18, 2020, for a period of 2 wells firm in the UK, when, according to Havila Shipping, the parties agreed on an estimated charter period of one year. "The parties have different views on the obligation of Shell UK Limited in a charter party based on 2 wells.
Genco Makes First Full Crew Change Under Singapore's New Rules
U.S.-based drybulk shipowner Genco Shipping & Trading Limited announced the successful full crew change of the Genco Liberty, a 180,032 DWT Capesize vessel, marking the first full crew change under new COVID-19 protocols in Singapore. A total of 37 seafarers were involved in this crew change, which was completed on June 6, 2020 and executed in accordance with protocols established by Genco, Singapore’s Maritime and Port Authority (MPA) and the Synergy Group.John C.
Höegh Xiamen Fire Contained
A three-alarm fire that broke out aboard vehicle carrier Höegh Xiamen in the Port of Jacksonville last week continues to burn but has been controlled and contained, authorities said Monday.Firefighters with Jacksonville Fire and Rescue Department (JFRD) and specialist marine firefighters with Resolve Marine Group are working to maintain the structural integrity of the 600-foot roll-on, roll-off (RoRo) ship and reduce the threat of any environmental impact to the river.
Fednav Combines Its Shipping Business Units
Canadian bulk shipping company Fednav said Monday it will reorganizing its commercial and technical shipping businesses under one management entity.The Marine Department, led by Executive Vice-President Tina Revsbech, will unite the traditional Chartering and Operations teams with their counterparts in the Shipowning, Technical, and Arctic units.In addition, Fednav announced the appointment of Isabelle Brassard as Senior Vice-President…
US Sanctions on Iranian Shipping Network Take Effect
U.S. sanctions imposed on Iran's shipping network took effect on Monday, months after they were announced in December following accusations of supporting proliferation of weapons of mass destruction.U.S. Secretary of State Mike Pompeo in a statement on Monday warned commercial and maritime industries, governments and others that they risked U.S. sanctions if they did business with the Islamic Republic of Iran Shipping Lines (IRISL) and its Shanghai-based subsidiary…
