Egypt Reopens Red Sea Ports Shut Due to Bad Weather
Egypt has reopened three Red Sea commercial ports and one fishing port which were shut earlier on Wednesday because of high winds and rough seas the Red Sea Ports Authority and two sources said.The reopened ports are Suez, Zeitiyat, Adabiya and the fishing port of al-Ataka, they added.Two other ports, Nuweiba and Ain al-Sokhna, remained closed, the authority and sources said.(Additional reporting by Youssry Mohamed; Writing by Mahmoud Mourad; Editing by Barbara Lewis and Alistair Bell)
Ocean 100: Profits from World's Seas Dominated by 100 Companies
Just 100 companies account for most of the profits from the world’s seas, researchers said on Wednesday, calling on them to help save the oceans from over-fishing, rising temperatures and pollution.Together, the companies generated $1.1 trillion in revenues in 2018, or about 60% of the total, according to a study that sets out for the first time which firms profit the most from marine industries.Oceans play a critical role in capturing planet-warming gases…
Forslund Joins BMT as Commercial Business Development Manager
Bill Forslund recently joined naval architecture and marine engineering design consultancy BMT as commercial business development manager, concentrating on West Coast new business, passenger vessels, navy and commercial tug and barge projects. He will be responsible for actively engaging federal and commercial customer communities to identify and develop new partnerships and projects.Forslund spent the past 15 years as advertising manager for Philips Publishing Group…
NASSCO Launches First New Oiler for the US Navy
U.S. shipbuilder General Dynamics NASSCO launched the future USNS John Lewis (T-AO 205), the first of six vessels in the John Lewis-class fleet oiler program designed to support the U.S. Navy.Construction of the future USNS John Lewis (T-AO 205) began in the fall of 2018. The 742- foot long vessel is designed to transfer fuel to U.S. Navy carrier strike group ships operating at sea, the oilers will feature the capacity to carry 157…
Equinor Selected for US' Largest Offshore Wind Award
Norwegian energy company Equinor said it has been selected to provide New York State with offshore wind power in one of the United States' largest renewable energy procurements to date.Under the award, Equinor and partner BP will provide 1,260 megawatts (MW) of renewable offshore wind power from Empire Wind 2, and another 1,230 MW of power from Beacon Wind 1, each calling for more than 90 turbines…
Maritime Security: Neo-colonialism in the Gulf of Guinea
Is neo-colonialism in the Gulf of Guinea the answer to West Africa’s maritime crime crisis?In October 2020, China’s transport ministry established an ad hoc workgroup to lay down precautionary measures for ships and seafarers passing through high piracy risk West African waters.The move came as China told its vessels to up vigilance and implement a series of precautionary measures to ensure the security…
Carnival Cruise Line Names Campbell CFO
Carnival Cruise Line said it has named Darrell Campbell as chief financial officer. He joins the U.S.-based cruise operator from parent company Carnival Corporation where he has served as corporate treasurer since 2017.Prior to his role at Carnival Corp, Campbell served as an audit partner at PricewaterhouseCoopers LLP. He is a licensed CPA in Florida and New Hampshire. He has master's degrees in accounting…
Tech File: 3D Printed Prop for French Warship
Naval Group manufactured a new-generation propeller via a metal 3D printing process, mounted on a tripartite minehunter.This propeller is 2.5-m in diameter, supported by five 200-kg blades. The equipment left the workshops of the Naval Group site of Nantes-Indret in October 2020 for the site of Brest in order to be mounted on the ship's propeller shaft. As part of its major technical stop, the assembly…
Ship Insurers Primed to Raise Rates After Red Sea Attacks
Insurers are set to raise the cost of providing cover for merchant ships through the Red Sea after a series of incidents that have hit vessels around Saudi Arabian waters, industry sources said.The possibility of more attacks on commercial shipping carrying oil and commodities through these waterways is growing after the outgoing U.S. administration’s move to designate Yemen’s Iran-aligned Houthi movement…
US' First LNG ATB Ready for Service
Q-LNG Transport and Shell Trading (US) Company announced Wednesday that the first offshore liquified natural gas (LNG) bunkering articulated tug and barge (ATB) in the United States, the Q-LNG 4000 is ready for operations along the southeast U.S. coast.Built by Halter Marine in Pascagoula, Miss., the ATB is designed to provide ship-to-ship transfers of LNG to vessels utilizing LNG and ship-to-shore…
Interpol Issues Red Notices for Ship Captain, Owner Over Beirut Blast
Interpol has issued red notices for the captain and owner of the ship that carried the chemicals which devastated Beirut in an explosion in August, killing 200 people, Lebanon’s state media said.Five months since one of the biggest non-nuclear blasts on record, big questions remain about the ammonium nitrate that detonated after being stored at the port for years.The Interpol notices, which are not international arrest warrants…
MARAD Administrator Mark Buzby Resigns
Mark Buzby, the Trump-appointed head of the U.S. Maritime Administration (MARAD), has resigned following the violent intrusion of the U.S. Capitol by the President's supporters, the agency confirmed to MarineLink.“I no longer believe that I am able to serve as a member of the administration while remaining true to the values which have been the core of my service to the people of our nation,” said Buzby, a retired U.S. Navy rear admiral.Buzby's resignation took effect Monday, January 11.
Shipowners’ Low Carbon Fuel Options Gain Speed
In the next decade, we’ll see more accelerated change in shipping fuels than we’ve seen in the last century. What does this heightened diversity mean for shipowners? They must be nimbler than ever – a shift that requires work. It means greening supply chains, bolstering energy efficiency, nurturing more partnerships, streamlining costs, and becoming adept at green finance (frequent change can be expensive to start with).
BIMCO: China Cements Top Position in the Bulk Market
The turbulence of the past year has in many ways clouded the underlying fundamentals in the dry bulk shipping market, but with 2020 now behind us, we are in a better position to establish an overview of expectations for 2021. Overall, total tonnes transported by the dry bulk shipping industry fell by 1.3% to 5.49 billion tonnes, from 5.56b in 2019, which is however still higher than the 5.46b tonnes shipped in 2018.
Plastic Free Oceans: Maersk Supply Service, The Ocean Cleanup Extend Partnership
Danish offshore support vessel operator Maersk Supply Service will continue providing marine support to The Ocean Cleanup, a nonprofit engineering and environmental organization working to rid oceans of plastic pollution.The Ocean Cleanup’s mission is to develop advanced technologies to rid the world’s oceans of plastic. To achieve this goal, the company's aim to stop the inflow via rivers and clean up what has already accumulated in the ocean.
DNV GL to Change Name
Norway-based risk management and quality assurance company DNV GL will change its name to DNV on March 1, 2021.The classification society, providing services to offshore and maritime industries, among others, has had the current name since the 2013 merger between DNV (Det Norske Veritas) and GL (Germanischer Lloyd). "The name simplification is a natural consequence of a successfully completed merger and of having operated as a fully integrated company for several years now…
Asian Gas Prices, LNG Shipping Costs Soar on Freezing Temperatures
Freezing temperatures across Asia and Europe are driving liquefied natural gas (LNG) prices to record highs and pushing up the cost of shipping the fuel globally as buyers grapple with tight inventories and a shortage of tankers.Demand for super-cooled natural gas has surged in recent years as buyers, particularly China and India, move away from dirtier coal-polluting power plants. Prices had remained relatively low until late 2019…