Box Ship Rescues Sailors in Storm Sally
The captain and crew of a Hong Kong-flagged containership came to the rescue of a sailboat crew in distress on Sunday amid severe weather and waves during storm Sally, in the Gulf of Mexico, some 130 nautical miles west of Port Tampa Bay, Fla.The COSCO SHIPPING Lines containership COSCO Malaysia was en route from Mobile, Ala. to Port Tampa Bay when it received a distress call from the sailboat Yes Dear at 8:22 a.m.
Sovcomflot Targets at Least $500 Million in Moscow IPO
Sovcomflot plans to raise at least $500 million in an initial public offering (IPO) on the Moscow Exchange, Russia’s top shipping company said on Tuesday, in a deal that could value it at roughly $10 billion according to sources.The move by the state-controlled firm comes as Russian airline Aeroflot also plans to raise capital in a secondary public offering (SPO).For Aeroflot, the cash is needed to…
Carnival's Q3 Losses to Reach Almost $3 Billion
Carnival Corp said on Tuesday it expects to post a loss of $2.9 billion in the third quarter, hurt by the suspension of cruises due to the COVID-19 pandemic, sending the cruise operator's shares down 3% in premarket trade.The cruise business is one of the worst affected from the health crisis and has forced operators, including Japan’s Luminous Cruise, to file for bankruptcy, or to raise money even at the cost of pledging ships.Carnival…
Container Shipping's Half-Century of Growth
A great graphic from Allianz’s Shipping & Safety Report 2020 visually documenting the growth in the container ship industry over the past 50 years.Shipping, Ports & Logistics is a feature focus area of coverage in the October 2020 edition of Maritime Reporter & Engineering News, with insightful interviews with leading ports, shipping companies and legislators.
EU Parliament Votes to Make Ships Pay for Their Emissions
The European Parliament on Tuesday voted in favour of including greenhouse gas emissions from the maritime sector in the European Union's carbon market from 2022, throwing its weight behind EU plans to make ships pay for their pollution.Shipping is the only sector which does not face EU targets to cut emissions, but it is coming under increased scrutiny as the bloc attempts to steer industries towards its plan to become "climate neutral" by 2050.In a vote on Tuesday…
Wilhelmsen Buys Into Østensjø's Offshore Wind Business
Wilhelmsen, one of the world's largest shipping companies, has agreed to acquire a 25% stake in Østensjø Group’s growing offshore wind business Edda Wind.Wilhelmsen has also secured an option to buy another 25% before June 2021. Launched in 2018, Edda Wind owns and operates service vessels supporting the maintenance work conducted during the commissioning and operation of offshore wind farms.Commenting on the Edda Wind deal…
Maersk Training Launches Training Management App
Maersk Training in the UK announced the launch of its upgraded Training Management Solution (TMS) with the aim to improve the training management for companies dealing with fewer headcount and remote working, amid the coronavirus pandemic.The software is divided into two parts, a mobile app aimed at delegates and a web-based application for the administrators and training facilitators. The mobile app provides a full overview of the employee’s individual training requirements…
KPI OceanConnect Appoints Managing Director for Its Hamburg Office
Marine fuels services provider KPI OceanConnect announced Tuesday it has appointed industry expert Boris Gronenberg as Managing Director of its Hamburg operations.KPI OceanConnect’s Hamburg office is located at the heart of Hamburg’s shipping community and is one of 16 in the recently merged group.“Joining KPI OceanConnect at this time is very exciting,” Gronenberg said. “The recent merger of KPI Bridge…
Gulf Copper Wins Contract to Refurbish NOAA's Henry B. Bigelow
Texas-based Gulf Copper and Manufacturing said it has been awarded a $3.9 million dry docking and refurbishment of the NOAA research vessel Henry B. Bigelow. The work will be performed at Gulf Copper's Galveston yard.Commissioned in 2007 and homeported in Newport, R.I., Henry B. Bigelow is a fisheries survey vessel that studies a wide range of marine life and ocean conditions along the U.S. East Coast, primarily from Maine to North Carolina.
OET Gets Hold of Newbuild Suezmax 'Nissos Sikinos'
Greek oil tanker operator Okeanis Eco Tankers has taken delivery of the Suezmax tanker “Nissos Sikinos” today.The tanker was delivered from Hyundai Samho Heavy Industries in South Korea and is the first of the two Suezmaxes that will be delivered to the company by the end of September. The second one is named Nissos Sifnos.Both scrubber-fitted, 158,000 dwt, tankers secured contracts in July 2020, with a three-year charter each.
SBM Offshore in Talks with Petrobras Over Buzios FPSO Charter
Brazilian oil company Petrobras has started negotiations with the Dutch FPSO supplier SBM Offshore over a potential charter of an FPSO to be installed at the giant Buzios field in the Santos Basin, offshore Brazil.The FPSO, to be named Almirante Tamandaré, will be the sixth FPSO in the Búzios field. The FPSO would have a production capacity of 225,000 barrels of oil and 12 million m3 of gas per day…
Sovcomflot Takes Delivery of New LNG Carrier
Sovcomflot, a Russian oil and gas shipping company, has taken delivery of SCF Barents, a new 174,000-cbm LNG carrier.The vessel was delivered Monday and has already started its maiden voyage under a long-term time charter agreement with Shell.According to Sovcomflot, the LNG carrier was named after Willem Barents, a prominent Dutch navigator and explorer. The naming ceremony, held on September 10…
Offshore Oil Wells, Ports Shut as Hurricane Sally Advances on U.S. Gulf
Energy companies, ports and refiners raced on Monday to shut down as Hurricane Sally grew stronger while lumbering toward the central U.S. Gulf Coast, the second significant hurricane to shutter oil and gas activity over the last month.The hurricane is disrupting oil imports and exports as the nation's sole offshore terminal, the Louisiana Offshore Oil Port (LOOP), stopped loading tanker ships on Sunday, while the port of New Orleans closed on Monday.The U.S.
Wilson Sons Creates Chat Bot to Expedite Tug Maintenance
Wilson Sons creates intelligent tool to expedite tug maintenance Brazil's largest tugboat operator has developed a chat bot that simulates conversations and handles demands for fleet repairs to help expedite diagnosis and services of corrective maintenance.Wilson Sons said it developed the intelligent tool to expedite tug maintenance across its fleet of 80 tugboats. Designed by Tuglab, the company's innovation laboratory…
Icebreaking Tug Delivered to NY Power Authority
A new icebreaking tugboat built by Blount Boats in Rhode Island has been delivered to the New York Power Authority (NYPA) to work in the Niagara River to help alleviate shoreline flooding and reduce the likelihood of ice limiting the power production at large hydro plants along the Niagara River. The Breaker II joins a fleet of three boats that work every winter to install the Lake Erie—Niagara River…
Mississippi River Ship Channel Deepening Begins
The U.S. Army Corps of Engineers (USACE) officially kicked off the project to deepen of the Mississippi River Ship Channel to 50 feet Friday, as Weeks Marine’s cutterhead dredge Captain Frank started dredging 5 miles above the Head of Passes.The USACE awarded this first contract for the Ship Channel deepening to Weeks Marine on September 3, 2020, and the Captain Frank started the deepening Friday.
GasLog's New LNG Carrier Starts Sea Trials
Greek shipowner GasLog announced Monday its newest liquefied natural gas (LNG) carrier HN2300, to be named GasLog Georgetown, commenced sea trials off South Korea.Built by Samsung Heavy Industries, HN2300 is a 174,000-cubic-meter capacity XDF LNG carrier with a Mk III Flex Plus cargo containment system giving a low boil off rate of 0.07%, combined with a sub cooler.Upon delivery, GasLog Georgetown…
Video: National Security Cutter Stone Completes Builder's Trials
The U.S. Coast Guard’s newest national security cutter Stone (WMSL 758) completed builder’s sea trials in the Gulf of Mexico. The new ship, built by Huntington Ingalls Industries’ Ingalls Shipbuilding division in Pascagoula, Miss., spent three days testing propulsion and auxiliary equipment, as well as various shipboard systems, Ingalls announced Monday.“Every successful sea trial is a major accomplishment for our shipbuilders…
Harvey Gulf Converting Four PSVs for Lightering Support
Harvey Gulf International Marine is continuing its push to diversify, announcing on Monday its plan to convert four of its platform supply vessels (PSV) to be redeployed in the lightering support market.The four vessels will provide lightering services in California, Texas, Louisiana and Florida, said Shane Guidry, CEO of Harvey Gulf. “In this market, we will offer a larger vessel with newer equipment in order to provide a safer service…
Interview: Lasse Petterson, CEO and President, Great Lakes Dredge & Dock
The dredging market in the U.S. is strong and growing, a bright spot for U.S. shipyards, with increased funding for critical infrastructure projects and port dredging at the federal and state levels. Great Lakes Dredge & Dock, the country’s largest dredging company, has invested mightily in new dredgers at U.S. yards. Lasse Petterson, CEO and President, shares insights on the strategy ahead.You have sat at the helm of Great Lakes Dredge and Dock for just over three years.
