Baltic Index Slips on Weaker Capesize, Panamax Rates
The Baltic Exchange's main sea freight index dipped on Wednesday, pressured by lower rates for the capesize and panamax vessel segments.The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, was down 18 points, or 1%, at 1,709.The capesize index fell 109 points, or 6.8%, to an over one-week low of 1,485.Average daily earnings for capesizes…
Hunter Group Sells VLCC Hunter Alta
Norwegian shipowner Hunter Group said its Hunter Tankers subsidiary has signed a memorandum of agreement to sell its 2019-built very large crude carrier (VLCC) Hunter…
Hempel's "Futureproof" at the Heart of its Plan to Double its Revenues
Hempel A/S has launched its new sustainability framework dubbed Futureproof, an initiative that lies at the heart of the companies strategy to double its revenue by 2025 while dramatically cutting its carbon footprint and that of its clients across industrial sectors.“We believe that placing sustainability at the heart of how we do business is essential for our ambition to double the company. Our customers…
Siem Offshore Wins W. Africa Deal for Subsea Construction Vessel 'Siem Spearfish'
Norwegian offshore vessel operator Siem Offshore has said it has secured a contract for its Siem Spearfish subsea construction vessel.The contract, with an unnamed client…
Telemar Wins 50-vessel Service Deal with Fairplay Towage
Marlink subsidiary Telemar said it signed a five-year service maintenance deal with Fairplay Towage to deliver bridge maintenance services across 50 of the company’s port and ocean tugs in Germany, Holland and Belgium.The contracts will consolidate service of critical bridge navigation equipment to a single provider, and scheduled service will be planned to agreed timeframes.The contract includes managing GMDSS declarations…
SES Networks to Power Guest Connectivity on Scarlet Lady
SES Networks is working with Virgin Voyages to provide its fleet with high-speed, low-latency connectivity. Significantly, the Wi-Fi service will be free for every sailor.
Dutch Report Record Containership Cocaine Bust
Customs authorities in Hamburg and Antwerp have seized a record haul of more than 23 tonnes of cocaine destined for the Netherlands in two raids this month, Dutch prosecutors said on Wednesday.The two shipments together represented a street value of roughly 600 million euros ($730 million), the prosecutors said, making it the biggest catch of cocaine headed for the Netherlands ever.Prosecutors said a 28-year old Dutchman had been arrested on Wednesday who was registered as the recipient of the c
Semiramis Paliou Named CEO of Diana Shipping
Semiramis Paliou has been named chief executive officer of Greek dry bulk shipowner Diana Shipping, replacing her father Simeon Palios who will remain as chairman.Paliou has served as a director of the company since March 2015, deputy CEO since October 2019 and chief operating officer since August 2018. She has more than 20 years of experience in shipping, having begun her career at Lloyd's Register…
Tanker Crewmember Medevaced Off Texas
An ailing crewmember was medevaced from a tanker offshore Port Aransas, Texas, Tuesday, the U.S. Coast Guard said.Watchstanders at Coast Guard Sector/Air Station Corpus Christi command center received a medevac request at 9:40 a.m. via cell phone from the crew of the Fortunato, a 375-foot liquefied petroleum gas carrier, stating a 41-year-old crewmember was suffering from facial swelling.A Station…
WE Tech Wins More LPG Carrier Orders
WE Tech won additional orders in South Korea to supply its permanent magnet shaft generator solutions to four LPG Carriers to be built by Hyundai Mipo DockyardThe shaft generator solution comes with frequency drive technology and is designed to produce all required electrical power needed for the vessel over a wide main engine speed range, aimed to deliver substantial fuel savings and reduction of maintenance cost by reducing auxiliary generator operation.
ClassNK Grants Its fFrst Remote Survey Notation
ClassNK granted its Remote Survey (RMSV) notation for ORCA ACE, PCC operated by Mitsui O.S.K. Lines, Ltd. (MOL) and managed by MOL Ship Management Co., Ltd. (MOLSHIP). This is the first vessel on ClassNK’s registry to be marked with RMSV notation.To provide a proper guidance for remote surveys using ICT, ClassNK published its Guidelines for Remote Surveys (Ver.2) in January 2021 by incorporating outcomes…
First Ever Jones Act Offshore Wind Turbine Installation Vessel to be Classed by ABS
Maritime and offshore classification society American Bureau of Shipping (ABS) will class the first ever Jones Act compliant offshore wind turbine installation vessel (WTIV), seen as a key vessel for the development of the U.S. offshore wind industry.With several gigawatts of offshore wind capacity to be installed along the U.S. East Coast in the next decade, access to Jones Act compliant WTIVs is of strategic importance to the U.S. offshore wind market.
Report: SBM Offshore Only Bidder for Petrobras' Mero 4 FPSO
Brazil's state-controlled oil company Petrobras received only one proposal, from Dutch SBM Offshore, in a bid to contract construction of the Mero 4 oil platform [FPSO] in the Santos Basin pre-salt, two sources with knowledge of the matter told Reuters.Petrobras' business plan foresees Mero 4 entering operation in 2025 with a capacity to produce 180,000 barrels of oil a day.Petrobras and SBM declined…
Baxter Marine Group Acquires WheelHouse Technologies, Vessel Vanguard & SeaKits
Baxter Marine Group announced it has acquired Wheelhouse Technologies, VesselVanguard and SeaKits Brand.The combined companies support more than 3,000 commercial…
US Great Lakes Shipping Companies Invest $87 Million in Winter Work
U.S.-flag Great Lakes shipping companies continue to invest heavily in their ships and the region.This year alone these companies will spend nearly $87 million for winter ship repair and maintenance work at shipyards and facilities across the Great Lakes. That includes more than $36 million in Wisconsin, $33 million in Ohio, $13 million in Pennsylvania, and over $4 million in Michigan. The work includes replacing steel plating…
Perfect Trips: Venezuela Ships Jet Fuel to Iran in Exchange for Gasoline
Venezuela is shipping jet fuel to Iran in return for vital gasoline imports for the South American nation as part of a swap deal agreed by the two state-run oil firms…
Australia Cracking Down on Livestock Shipping
Australian officials will implement a set of extra safety checks for livestock shipping after a string of recent incidents thrust the sector into the international spotlight.From March 1 to August 31, 2021, the Australian Maritime Safety Authority (AMSA) will undertake a focused inspection campaign (FIC) on livestock ships departing Australian ports to ascertain the level of compliance with the maintenance and repair requirements of international conventions.
American Cruise Lines Adds Sixth Ship to Pacific Northwest
American Cruise Lines now has six ships in the Pacific Northwest for 2021, with four of them operating on the Columbia and Snake Rivers.One of the line’s riverboats American Harmony completed its recent journey from the East Coast to the Pacific Northwest via the Panama Canal. The newest addition to American’s Columbia River fleet comes at the same time that the line is preparing to introduce two more new riverboats to the Mississippi River.Upon arrival in Astoria…
Royal Caribbean Advance Bookings Rise with Eyes on Vaccinations
Royal Caribbean Group said on Monday it was seeing an uptick in future bookings, following a disastrous year for the cruise operator, as travel enthusiasts look to sail again at a time governments globally have started mass vaccinations.The company’s shares, down 44% last year, soared 9% in morning trading, as Royal Caribbean said it recorded a 30% increase in new bookings since the beginning of the…
Maersk Backs Plan for Green Ammonia Plant in Denmark
Shipping group Maersk said on Tuesday it was among a group of companies backing a plan to build Europe's largest green ammonia plant in Denmark as part of its ambition to shift to carbon-neutral ship fuel.The project, led by fund management firm Copenhagen Infrastructure Partners (CIP), will convert green power from North Sea offshore wind parks to zero-carbon ammonia that can be used to power ships and as agricultural fertilizer.Maersk said last week it would accelerate plans to decarbonize sea
