Stronger Capesize Rates Boost Baltic Dry Index
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Thursday as capesize vessel rates firmedThe overall index, which factors in rates for
Babcock Builds Greek Supply Chain for Hellenic Frigate Program
Aerospace, defense and security company Babcock said it is gearing up to showcase its frigate design, build and support credentials as it continues its engagement in Greece around its bid to deliver the Hellenic Navy’s new frigate modernization program.Supported by the U.K. government, Babcock has been fine-tuning its program to provide the Hellenic Navy with a Hydra Class upgrade program, an interim…
Apply Now for the MN100
The application period for this year’s MN100 edition is officially open and underway!Each year, Marine News magazine profiles 100 of the top firms in brown water, workboat space.Here's your chance to tell Marine News why your company is one of the best in the business. The selected 100 companies will be featured in the October edition of the largest BPA-audited b-to-b publication in this genre. OEMs…
MSC Unveils New Miami Cruise Terminal
MSC Group's Cruise Division has signed a contract with Fincantieri for the construction of a new mega cruise terminal at PortMiami, a North America and the Caribbean cruise hub.The new terminal reflects an investment of approximately €350 million ($414.4 million) and will be made up of a multi-level central body to serve as many as three latest generation ships at the same time, with up to 36,000 travelers transiting every day.
Allseas Installs New Module on Buzzard Platform Complex in North Sea
Offshore installation firm Allseas said Thursday its giant Pioneering Spirit vessel had delivered another payload of what is a busy 2021 lift campaign.Namely, the flagship catamaran has recently delivered the new module for CNOOC International’s Buzzard Phase II development in the North Sea’s Outer Moray Firth, east of Scotland.The 516-tonne unit was loaded onboard directly from the Worley Rosenberg fabrication facility in Stavanger…
CR Ocean Engineering Announces Management Changes
Samuel W. Croll, CEO of CR Ocean Engineering LLC (CROE), has announced two changes to his senior management team effective July 1, 2021.Dominique Philibert has become President and COO, and Nick Confuorto, CROE’s former President and COO, has retired and remains with the firm in an advisory capacity.Philibert has been the Technology Director at CROE since 2013. Working closely with Confuorto, he developed CROE’s exhaust gas cleaning designs.
US Coast Guard Seeking Innovative Lifesaving Technologies
The Department of Homeland Security (DHS) Science and Technology Directorate (S&T), in collaboration with the U.S. Coast Guard, recently released the “Mass Rescue Operations Lifesaving Device Broad Agency Announcement” solicitation seeking innovative technology solutions to respond to mass-casualty events at sea.Innovators, industry, academia and laboratories are invited to submit solutions for a large capacity-floating device to keep survivors out of the water during mass rescue operations.
Greece Concludes Tender for Sale of Skaramangas Shipyard
Greece on Wednesday concluded a tender for the sale of Hellenic Shipyards SA, the country's biggest shipyard which has been under special administration, its finance minister said.The debt-laden shipyard, based in Skaramangas near Athens, offers maintenance services to the Greek navy and the sale has been part of Greek government drive to overhaul its loss-making Greek defense industry and boost the country's defense capabilities.
Biden to Take Aim at Shipping Competition
President Joe Biden will soon order U.S. transportation agencies to crack down on anti-competitive conduct and unjust fees in the rail and sea shipping industries to try to lower costs to consumers, the White House said on Thursday.It said his executive order is aimed at the Federal Maritime Commission (FMC) and the Surface Transportation Board (STB).White House Press Secretary Jen Psaki noted that…
GC Rieber Reduces Ownership in Seismic Firm Shearwater GeoServices
Norwegian offshore vessel operator GC Rieber Shipping is reducing its ownership in the seismic acquisition giant Shearwater GeoServices.GC Rieber said Thursday it had agreed to sell shares in Shearwater decreasing its ownership from 17.0% to 8.5%. Gross proceeds from the sale will be USD 50.5 million, GC Rieber said."The sold shares had book value of USD 41.6 million per 31 March 2021. Following the transaction…
Industry-First: SEA-KIT's USV Gets LR Certificate
UK-based unmanned surface vessel developer SEA-KIT has said it has been awarded the first-ever Unmanned Marine Systems (UMS) certificate by Lloyd’s Register for its USV built for Fugro."SEA-KIT has worked closely with Lloyd’s Register since early 2020 in a concerted effort to achieve the highest standards for the Unmanned Surface Vessel (USV) sector, culminating with their latest 12m X-class USV for leading geo-data specialist, Fugro, being awarded thenew UMS certification on 28 June 2021.
Ampelmann Launches Electric Version of its A-type Gangway
Dutch offshore access solutions provider Ampelmann has launched an electric version of its A-type walk-to-work gangway system. According to Ampelmann, the latest version of the A-type has seen its traditional hydraulic power train replaced by electric regenerative actuation, decreasing its energy use by more than 80%. The gangway requires fewer resources to operate compared to its hydraulic-powered counterpart and is 40% lighter…
SeaBird Exploration Signs LoI with 'Leading Operator' for Fulmar Explorer Source Vessel
Seismic services company SeaBird Exploration has signed a letter of intent for a source vessel contract with an unnamed "leading operator."The company did not say…
Spain Plans to Install 1-3 GW of Floating Wind Turbines by 2030
Spain plans to install floating wind turbines on the deep waters off its coasts with capacity to generate between 1 and 3 gigawatts of power by 2030, its Energy and Environment Ministry said on Wednesday.As part of a global shift away from carbon-emitting fossil fuels, governments and companies are seeking new ways to harness power generation from renewable energies like wind and solar.Spain has one of the world's largest onshore wind fleets, but its coastal waters are too deep to allow the inst
Offshore Wind Installation Giant in the Making: Subsea 7 to Merge Renewables Business with OHT
Subsea energy services firm Subsea 7 said Thursday it had agreed to merge its renewables business with OHT, and Oslo-listed heavy lift and transportation vessel owner which is building a fleet of offshore wind installation vessels, too.The combined company will be renamed Seaway 7 ASA and will initially retain OHT’s listing on Oslo’s Euronext Growth market, with a view to a future listing on the main board of Oslo Børs. Subsea 7 will own 72% and OHT’s shareholders 28% of Seaway 7 ASA.
VIDEO: Ship Explosion Rocks Dubai's Jebel Ali Port. Fire Under Control
A fire caused by an explosion on a ship at Dubai's Jebel Ali Port, the Middle East's largest transshipment hub, has been brought under control, the government's Dubai Media Office (DMO) said on Wednesday.The explosion was a "normal accident" in a container holding flammable material, DMO Director General Mona Al Marri told Saudi-owned Al Arabiya television channel.Arabiya cited Dubai police as saying…
Maintenance Dredging Wrapping Up at Bolivar Ferry Terminal
Galveston-based dredging contractor Callan Marine is the prime contractor to the Texas Department of Transportation for a maintenance dredging project located at the Bolivar Ferry Terminal. The project consists of the removal of 369,000 cubic yards of material and returning the landings to the required depth of 22 feet.The dredged material has been hydraulically transported via 4,000 feet of pipeline to placement area BU-1…
Maritime Security Conference Kicks Off in Ghana
Africa's largest annual maritime security conference kicked off in Ghana this week amid a sharp rise in piracy and armed robberies in the Gulf of Guinea over the last 12+ months.Hosted by the Ghanaian Navy and Air Force in Accra from July 6-8, the International Maritime Defense Exhibition and Conference (IMDEC 2021) has brought together several West African Chiefs of Naval Staff and government leaders such as the Vice President of Ghana…
Barge Modified Using ABS' 3D Model-based Class Process
A barge modification project by Stillwater Marine Services for Brice Marine has been delivered using the ABS 3D Model-based Class Process.The barge has undergone a bulwark modification on its aft deck section. Stillwater Marine submitted the modification design to ABS’ New Orleans Engineering office in 3D model format. Once completed the modified barge was surveyed by ABS’ Seattle Office.“This was a powerful demonstration of the ABS 3D-Model-based class process in action.
McDonald Named ABS Chief Operating Officer
John McDonald will become ABS Executive Vice President and Chief Operating Officer as Tony Nassif has announced his plans to retire on December 31, 2021.As part of the company’s succession planning process, McDonald will assume the head operations role on July 26, 2021. Celebrating 25 years of service with ABS this year, McDonald joined ABS in 1996 as a surveyor and served in various frontline operational roles in Korea…
