Two Harvey Gulf Board Members Resign
HGIM Corp., the parent company to U.S.-based Harvey Gulf International Marine, LLC, announced on Thursday that the holders of over 85% of its common stock, including Gladiator Investments, LLC, an affiliate of Shane J. Guidry, Walker Ridge Capital Management, LLC, an affiliate of The Jordan Company LP, and certain affiliates of Black Diamond Capital Management, L.L.C., have entered into a securityholders agreement.
UK Sends Navy Boats to Jersey After France Threatens Blockade
Britain is sending two navy patrol boats to the British Channel Island of Jersey after France suggested it could cut power supplies to the island if its fishermen are not granted full access to U.K. fishing waters under post-Brexit trading terms.Prime Minister Boris Johnson pledged his "unwavering support" for the island after he spoke with Jersey officials about the prospect of the French blockade.Johnson "stressed the urgent need for a de-escalation in tensions…
Viking Launches Lightweight Immersion Suit for Offshore Crew Transfer
Viking Life-Saving Equipment has launched a new Walk-to-Work crew transfer suit that the company says overcomes a cumbersome feature of offshore wind turbine maintenance procedures without compromising safety."The new Viking YouSafe Walk to Work is a one-size immersion suit airtight packed into a bag that is attached to the user’s lifejacket instead of being worn during the transfer between support vessels and offshore installations.
Northern Offshore Services Takes NYK's CTV on Ten-year Charter
Northern Offshore Services has taken NYK's crew transfer vessel Energizer on a ten-year charter. The vessel will be used to transfer crews to offshore wind farms, mainly in Europe.Japan's NYK, which shared the charter news on Thursday, also said it has additionally agreed to dispatch its engineers to NOS to participate in operations and ship management in Europe, a leading region in the offshore wind industry…
Chinese Naval Vessels Arrive in Indonesia to Assist with Sunken Submarine Retrieval
Three Chinese vessels, one with a manned submersible capable of descending to 10,000 meters (32,800 ft), have arrived in Indonesian waters to help retrieve a submarine that sank and broke apart last month, killing 53 on board, an official said.Indonesian navy officials and experts have acknowledged how difficult the salvage operation will be to recover the Nanggala-402 submarine lying on the sea bed off Bali."What's most important is lifting the biggest parts of the ship from the seabed…
Hyundai Heavy Industries Applies for IPO Approval
South Korean shipbuilder Hyundai Heavy Industries Co Ltd applied for preliminary approval for an initial public offering, Korea Exchange said on Thursday.The company, currently wholly owned by Korea Shipbuilding & Offshore Engineering, was separated from Korea Shipbuilding in 2019.Hyundai Heavy reported a 2020 operating profit of 32.5 billion won on revenue of 8.3 trillion, Korea Exchange said in a statement.(Reporting by Joyce Lee; editing by Jason Neely)
Tanker Firm Euronav Says Large Crude Tonnage Still Abundant. Sees Slow Freight Rates Recovery
Belgian tanker operator Euronav on Thursday reported higher-than-expected first-quarter earnings, but said the shipping market was pressured by restricted crude supply and a slow recovery in freight rates.The group, one of the largest tanker companies in the world, said COVID-19 restrictions were depressing demand for crude oil and high levels of compliance with OPEC+ output supply cuts have restricted the number of cargoes available for commercial transit…
Survitec Wraps Hansen Protection Buy
Maritime survival equipment specialist Survitec has completed the acquisition of Hansen Protection, a provider of personal protective equipment. Ron Krisanda, Executive Chairman at Survitec, commented: "The addition of Hansen Protection, and its leading portfolio in personal protective equipment, protective rainwear, and technical textile solutions, fits perfectly within Survitec. "Our acquisition…
Seismic Data Firm CGG Launches Pollution Monitoring Solution
French firm CGG, best known for its seismic data services for oil and gas exploration, has now launched a maritime pollution monitoring solution named SeaScope."Combining expertise in remote sensing science, Earth observation data, machine learning and high-performance computing, SeaScope provides critical sea surface slick intelligence for a range of industries to strengthen situational awareness of the interaction between offshore assets…
Salvage Crews Begin Lightering Fuel from Seacor Power
Salvors have started removing fuel from the tanks of a lift boat that capsized in the Gulf of Mexico last month, the U.S. Coast Guard said.The 234-foot Seacor Power could have been carrying up to 35,000 gallons of fuel, lube oil, hydraulic and waste oil when it overturned in rough weather on April 13, about eight miles south of Port Fourchon, La., according to the Coast Guard. No spills have been reported.Salvage…
CDC Advances Plan for Resumption of US Cruise Operations
The U.S. Centers for Disease Control and Prevention (CDC) has begun a key step for the eventual resumption of U.S. cruise industry operations by issuing new technical instructions.In October, the CDC issued Conditional Sailing Order for operators, which acted as a guidance for a phased resumption of cruise ship passenger operations.On Wednesday, it announced two new phases and said operators now have…
Castor Buys Another Bulk Carrier
Castor Maritime announced it has acquired a 2013 Japanese-built Kamsarmax dry bulk carrier for $21 million, marking the Cyprus-based shipping company's 18th vessel acquisition of 2021.Castor did not name the seller, but said it expects to take delivery of the vessel within the second quarter or beginning of the third quarter of this year.The Nasdaq-listed company has been swiftly expanding its dry bulk fleet, having bought three bulk carriers in 2020 and another 10 so far in 2021.
Brennan Opens a New Location in Paducah, Ky.
La Crosse, Wis.-based dredging, diving and marine construction company J.F. Brennan Company said it established a permanent Mid-South Region presence in Paducah, Ky., and will provide all Brennan services, including above and below-water construction and environmental remediation services.The Mid-South team consists of locals in the area and is under the leadership of Robert "Bob" Wheeler, who recently joined Brennan from Shimmick Construction Company, Inc.
New Tug is a Mechanical Hybrid
The concept of “hybrid tug” is getting a whole new definition with an innovative new tug under construction at Turkey’s Uzmar Shipyard for the Danish Port of Aarhus. From the outside it looks very similar to other Robert Allan Ltd-designed tugs built at the Uzmar yard. The RAmparts 3000 ASD tug, to be named Hermes is 30.25 by 11.75 meters.In the engine room and in the thruster rooms of the azimuthing stern drive (ASD) tug, the innovations are revealed.
Smartphone App Aims to Help Commercial Fishing Reduce Bycatch
A new smartphone app created in the U.K. enables the fishing industry to report accidental wildlife catch (bycatch) alongside standard catch reporting and will help to record bycatch of important marine species such as dolphins and porpoises, seals, seabirds, sharks, skates and rays.The app's developer, AST Marine Sciences Limited, part of Applied Satellite Technology Ltd, says it hopes the technology…
Low Water Levels Hamper Shipping on the Parana River
Argentina's Parana River, the grains superhighway that takes soy and corn from the Pampas farm belt to the world, has gotten so shallow that it has started "trimming" international shipments just as the country's export season gets underway.The level of the Parana at the export hub of Rosario, home to some of the biggest soy crushing plants in the world, was a scant 0.90 meters on Wednesday, according…
Port of Corpus Christi Inks LNG Bunkering Deal with Stabilis
One of the United States' top oil export ports said it plans to build infrastructure for bunkering vessels fueled by liquefied natural gas (LNG).The Port of Corpus Christi Authority said it inked a memorandum of understanding (MOU) with Stabilis Solutions to facilitate the use of LNG as a marine fuel at the U.S. Gulf Coast port as vessels running on the cleaner-burning fuel become increasingly prominent…
Bureau Veritas Publishes Guidance on Ammonia as Marine Fuel
Classification society Bureau Veritas (BV) has released an Ammonia-Prepared notation and has developed a Rule Note for ammonia as a marine fuel as more industry players continue to show interest in the cleaner-burning fuel on the path to shipping decarbonization.The Ammonia-Prepared notation, developed in collaboration with different stakeholders including ship owners, equipment makers, designers and shipyards…
Cargo Removed from Stricken Tanker off China, Preparing for Voyage to Repair Yard
Cargo onboard a tanker that leaked oil off China has been removed and preparations are underway so the vessel can sail to a Chinese repair yard, the ship's manager…
Maersk Expects Container Shipping Tailwind to Last Amid High Demand
Denmark's Maersk said on Wednesday it expected its "exceptionally strong" performance in the first quarter to continue for the rest of the year, driven by high demand for shipping containers from China to the United States.Maersk, which handles about one in five containers shipped worldwide, said there were not enough ships available in the world to meet a surge in consumer demand, resulting in record-high freight rates.The firm's shares traded 4% higher at 0921 GMT…
