MSHS Group Outlines Expansion Plans
Positioned to expand both its geographic reach and service capacity, the MSHS Group announced a partnership with MPE to accelerate a strategic long-range expansion plan. MSHS Group’s growth plans include broadening its reach in the marine and energy industries with new locations, serving new market segments, and expanding its product and service offerings. The companies specialize in the integration of equipment…
Austal USA Promotes Ryder to VP
Mobile, Ala. shipbuilder Austal USA said on Tuesday it has named long-time business development executive Larry Ryder as the company’s new vice president of business development and external affairs.In this role, Ryder is responsible for all of Austal’s business development efforts, state and federal legislative activities, customer relations with the U.S. military as well as coordinating external…
Bouchard CEO Ordered to Step Down
Morton S. Bouchard, III, fourth generation leader of family-owned Bouchard Transportation, has been ordered to step down from his role as chief executive officer as the Long Island-based tug and barge operator continues to navigate through bankruptcy and a string of legal challenges.Bouchard, the company's CEO since 1992, was ordered out of his role last week by a bankruptcy judge in Houston, and Matthew…
Baltic Index Snaps Losing Streak
The Baltic Exchange's main sea freight index gained on Tuesday, snapping a four-session run of losses, helped by stronger rates in the capesize and panamax vessel segments.The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, was up 22 points, or 1.3%, to 1,673.The capesize index, rose 57 points, or 4%, to 1,465, breaking a losing streak of eight sessions.Average daily earnings for capesizes, which typically transport 150,000-tonne car
Salt Ship Design Acquires Albatross
Norwegian-headquartered Salt Ship Design said it has completed its acquisition of Serbian naval architecture firm Albatross Ship Design.Albatross was founded in…
ABS: U.S. Offshore Wind Vessel Demand Set to Soar
It's no longer news that the U.S. is set to become the next big offshore wind market, with an IEA 2019 report forecasting 40 GW of installed offshore wind capacity in the country by 2040, which will require a $100 billion investment.To meet this expected growth, both in the fixed-bottom wind farms and the floating wind farms, the U.S. market will require a large amount of wind farm support vessels of various types…
Fairbanks Morse Delivers Engines for USS John L. Canley
Wisconsin-based power solutions manufacturer Fairbanks Morse said it has delivered four FM 6L48/60CR engines to shipbuilder General Dynamics NASSCO in San Diego for the newbuild USS John L. Canley (ESB 6). The ship is the sixth in the U.S. Navy’s Military Sealift Command Expeditionary Transfer Dock (ESD)/Expeditionary Sea Base (ESB) program and is designed to serve as a mobile sea base that provides…
Logan Industries Launches US Scrubber Repair Service
Texas-based hydraulic repair, manufacturing and rental company Logan Industries says will offer a high-alloy welding scrubber repair service from all coasts of the U.S. for the global marine shipping and cruise line industries.Exhaust scrubbers enable a ship to maximize the use of lower cost fuel while minimizing harmful emissions. Installed in the diesel engine exhaust stacks in ships, scrubbers provide a water shower that rains down in the exhaust stack while the fumes rise up and out.
Sterling PlanB Gains DNV Type Approval for Preventing Thermal Runaway
Marine energy storage company Sterling PlanB (SPBES) said it is now fully certified under new 2020 class rules for commercial vessel batteries set out by classification society DNV.As an early adopter of the certification, SPBES becomes one of the first energy storage solutions (ESS) providers to adhere to the new testing standard, which substantially mitigates the risk of the spread of fire by eliminating…
US Destroyer Docks in Sudan for the First Time in Decades
A U.S. naval destroyer docked on Sudan’s Red Sea coast on Monday in the latest sign of thawing relations with the United States, a day after a visit by a Russian frigate.The visits are a sign of international competition for influence in Sudan, which sits in a volatile region bridging the Horn of Africa, the Gulf, and North Africa, following the 2019 overthrow of long-time ruler Omar al-Bashir.Some 300 marines standing at attention aboard the USS Winston S.
Venezuelan Oil Exports Rise on Larger Sales to Asia
Venezuela’s oil exports rose in February to over 700,000 barrels per day (bpd), their highest level in 10 months, pushed by more sales of fuel oil cargoes to new clients in Asian markets, according to Refinitiv Eikon’s tanker tracking data and documents.A growing number of clients with no track record in oil trading has been helping Venezuela’s state-run PDVSA to allocate crude and fuel in Asia, especially since the U.S.
United Product Tankers Names Schoeller Co-managing Director
German shipping company UPT United Product Tankers GmbH & Co. KG said Matthias A. Schoeller has been named co-managing director, succeeding Stefan Ciegelski who…
Fishermen Turn to Apps and AI to Tackle Climate Change
From weather predicting apps to using artificial intelligence to monitor the fish they catch, small-scale fishermen and coastal communities are increasingly turning to digital tools to help them be more sustainable and tackle climate change.Overfishing and illegal fishing by commercial vessels inflict significant damage on fisheries and the environment, and take food and jobs from millions of people in coastal communities who rely on fishing…
ClassNK Releases new PrimeShip-HULL (HCSR) Software
ClassNK released the latest version of its design support software PrimeShip-HULL (HCSR) Ver.8.0.0 developed in response to the IACS Common Structural Rules for…
Sølvtrans Invests in Live Fish Carrier Fleet
Kongsberg Maritime wins contract with Myklebust Verft to deliver innovative low-emission LFC for Sølvtrans.Kongsberg Maritime signed a $8.2m contract with Norwegian shipyard Myklebust Verft to design and equip a new Live Fish Carrier (LFC) for live fish transportation company Sølvtrans. The new 5,000m3 LFC will be built to KM’s new NVC 390 design, with a focus on reduced emissions and enhanced sustainability.
The Path to Zero: Haldor Topsoe Signs On
Haldor Topsoe and Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping formalized their collaboration by signing a Partnership Agreement whereas Topsoe becomes an official partner to the Center, committing to a long-term strategic collaboration about the development of zero carbon technologies for the maritime industry.The collaboration will depart in the conversion of renewable resources - such as biomass and green electricity – to energy carriers and fuels.
Ocean Infinity to Buy MMT
US-based seabed survey and ocean exploration company Ocean Infinity on Tuesday said it had agreed to acquire the Sweden-based subsea survey firm MMT."Ocean Infinity and MMT are excited to announce an acquisition that brings together MMT’s deep expertise and established track record as a distinguished marine survey and data analytics provider and Ocean Infinity’s best-in-class robotic technology and operational expertise…
