Ship Repair Yard Navalrocha Reports 'Robust' Start to 2021
Portugal’s Navalrocha Shipyard reports that it is continuing its robust performance through the ongoing Covid-19 pandemic with a steady pipeline of work through to 2024, with the first six months of 2021 including a series ofdrydock projects involving general cargo vessels, tugs, passenger ferries, bunker tankers, Ro-Ro Pax vessels, LPG carriers and cruise vessels.According to Navalrocha commercial director Sergio Rodrigues…
Saipem Charters Ultra-deepwater Drillship from Samsung Heavy Industries
Italian oilfield services giant Saipem has chartered a newbuild drillship directly from South Korea's Samsung Heavy Industries shipyard.Saipem expects the drillship - named Samsung Santorini - to be delivered in November 2021, when the Italian firm will take the 7th generation rig on a two-year charter. No dayrate details have been shared. Recent fixtures for 6th/7gen rigs saw dayrates in the $190.000-$210.000 per day range…
Seaspan Continues Containership Ordering Spree
Container shipping company Seaspan Corporation announced on Monday it has ordered another six containerships, growing the number of vessels it has on order to 45 amid continued heightened shipping demand and vessel shortages in the box shipping market.Seaspan said the six scrubber-fitted 15,000 TEU vessels will be built by a "major shipyard" and are expected to be delivered in the first and second quarters of 2024.Upon completion…
Metal Shark: Moving Fast Ahead
In any business, companies that achieve success must do at least one thing extraordinarily well. Shipbuilders like Metal Shark Boats are among companies that have taken their success to the next level by do a lot of things well. Government and commercial. Aluminum, steel and fiberglass. Serial and custom. Newbuild and repair. Sixteen to 300-plus feet. Patrol boats, pilot boats, fireboats, passenger ferries. Domestic and international.
Austal USA Delivers Future USS Savannah
Austal USA delivered the future USS Savannah, the 14th Independence-variant Littoral Combat Ship (LCS), to the U.S. Navy June 25. Savannah (LCS 28) is the seventh ship Austal has delivered to the Navy in less than two years.LCS is a fast, agile, focused-mission platform designed for operation in near-shore environments yet capable of open-ocean operation. It is designed to defeat asymmetric “anti-access” threats such as mines, quiet diesel submarines and fast surface craft.
USCG, NTSB Extend Collaboration
The U.S. Coast Guard (USCG) and the National Transportation Safety Board (NTSB) signed an updated memorandum of Uunderstanding (MOU) to institutionalize best practices developed during recent joint investigations including El Faro, Stretch Duck 7, Golden Ray and Conception.The NTSB and the Coast Guard entered into this MOU to facilitate timely cooperation between the agencies as they carry out their respective statutory missions.
Kanal Istanbul Project Kicks Off
Turkish President Tayyip Erdogan on Saturday launched a $15 billion canal project intended to relieve pressure on the busy Bosphorus Strait by laying the foundations of a bridge over the planned route.Critics of what Erdogan dubbed his "crazy project" when he revealed it a decade ago question the viability of a waterway running 45 km (28 miles) through marshland and farms on the western edge of Istanbul…
New Workboat to Serve Ellis Island and the Statue of Liberty
A new utility/passenger vessel has been delivered and will soon go to work for the U.S. National Park Service (NPS) to serve Ellis Island and the Statue of Liberty.The all-steel newbuild, designed by New Orleans-based TAI Engineers, LLC, has been named Annie Moore after the first immigrant, a 15-year-old Irish girl, who signed the Ellis Island register."TAI has designed and built many boats and ships, but this project is particularly special to me," said Anil Raj, President of TAI.
Cruise Operator Carnival to Sell $500 Million in Shares
Carnival Corp said on Monday it would sell shares worth $500 million, as the cruise operator restarts its operations after a long break due to the COVID-19 pandemic.Money raised will be used to purchase ordinary shares of Carnival Plc, trading in the United Kingdom, and for general corporate purposes, the company said.The cruise operator has raised over $2.5 billion by selling its shares over the past…
Repsol Sinopec Extends Bleo Holm FPSO Charter Until 2024 End
FPSO specialist Bluewater has secured a contract extension for its Bleo Holm FPSO with Repsol Sinopec Resources UK Limited and its JV Partner RockRose Energy.The FPSO, deployed in the UK, will see the contract extended until December 31, 2024. Repsol Sinopec will have further options to extend the charter.The Bleo Holm FPSO is located in UKCS Block 13/28a on the Blake and Ross Fields, 72 miles northeast of Aberdeen…
Baltic Dry Index Hits 11-year High
Baltic Exchange's main sea freight index , tracking rates for ships carrying dry bulk commodities, hit a more than 11-year peak bolstered by firmer rates across vessel segments.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, was up 69 points, or 2.1%, at 3,324, its highest level since June 2010The capesize index edged up 34 points, or 0.9%, to 4,021.Average daily earnings for capesizes, which typically transport 150,000-tonne cargoes such as iron or
Svanehøj Bags Fuel Pump Orders for 22 LNG-powered ULCVs
Svanehøj announced its 'breakthrough' in the containership market with an order for deepwell gas fuel pumps for 22 ultra large container vessels (ULVC) from South Korean shipyards Daewoo Shipbuilding & Marine Engineering (DSME) and Samsung Heavy Industries (SHI).Svanehøj’s scope for each vessel consists of two EFP 24-5 liquefied natural gas (LNG) fuel pumps (22 m.) with caisson, foot valves and control systems…
Ship Design: Pure 3D Process Deployed for US-built Advanced Rotortug
The evolution of commercial ship design and construction now includes a first in the U.S.: the first commercial U.S. vessel designed, built and verified using an end-to-end 3D design process, a project coordinated through ABS, Robert Allan Ltd. (RAL), Signet Maritime Corporation (Signet) and the U.S. Coast Guard (USCG).Designed by RAL, the Advanced Rotortug (ART), which is designed to escort vessels and offshore assets at the Port of Corpus Christi…
DEME Names Groenewind Offshore Wind Service Vessel
Belgian offshore installation company DEME Group last Friday held a naming ceremony for its DP2, twin-hulled Service Operation Vessel Groenewind. The Belgian Federal Minister of Energy, Tinne Van der Straeten was the godmother of the vessel, for which DEME says is the world's first vessel of the type.The Groenewind is set to enter service as the vessel has a long-term charter contract with Siemens Gamesa Renewable Energy (SGRE).
Shipbuilding: Ice-Class Expedition Yacht Named Crystal Endeavor
Crystal Endeavor, the 164 x 23-m, 20,200 GT ice-class expedition yacht was built at MV Werften and recently named in in Stralsund.The first luxury expedition yacht with ice class built in Germany is being dubbed 'the fastest, highest-performance and most spacious expedition mega yacht in its sector' with a passenger space ratio of more than 100. Her Polar Class PC6 classification enables her to navigate Arctic and Antarctic regions.
In Ship Recycling, it's "Tanker Time"
The ship recycling markets continues to perform well, according to GMS. The supply of tonnage remains primarily focused on wet and offshore units – particularly OSVs, FSUs, Aframax tankers, MRs and smaller bunkering tankers.In particular Pakistan has been leading the way with some of the best numbers on show (especially on choice units), although Bangladesh is not far behind them and even India is slowly (and surely) competing on select specialist vessels…
Partners to Launch Emissions and Performance Toolbox
Shipbroker Barry Rogliano Salles (BRS), naval architecture and engineering firm Deltamarin and ship classification group Bureau Veritas have agreed to cooperate to provide ship performance and energy transition solutions for shipowners.The focus of the initiative is to provide a pathway and tools for owners to measure, verify and improve performance – both for specific compliance with Energy Efficiency…
U.S. State Secretary says Nord Stream 2 Pipeline Undermines Ukraine
U.S. Secretary of State Antony Blinken on Wednesday described the Nord Stream 2 gas pipeline as a Russian geopolitical project that undermines the security of Ukraine, adding the United States wants to ensure Russia does not use energy as a coercive tool against any European state.Speaking at a joint press conference in Berlin after meeting German counterpart Heiko Maas, Blinken said Washington was…
Ship Recycling Prices, Activity Remain at Historic Highs, say GMS CEO
Dr. Anil Sharma, CEO and founder of GMS, is a dominate player in the world’s ship recycling business. MR TV caught up with him in late June 2021 for insights on the pace and direction of ship recycling activity and pricing.Dr. Sharma, to start, can you give us an overview of the ship recycling market as you see it today?Thank you, Greg. Let's start with prices because that's the news of the hour. Today we are at about 70% of record numbers in the ship recycling market.
Cyprus to Vaccinate All Seafarers on Flagged & Managed Ships
The Cyprus Shipping Deputy Ministry (SDM) has issued a circular outlining plans to provide COVID-19 vaccinations to all seafarers on Cyprus-flagged and Cyprus-managed vessels as the island nation also explores the potential to become a vaccination hub for all visiting seafarers.Vaccines will be administered by qualified medical staff to all seafarers working on board Cyprus-flagged ships, irrespective of the location of the vessel…