Car Carrier Grounds Near Cape Charles
A 760-foot car carrier vessel ran aground in the Chesapeake Bay, on Tuesday, the U.S. Coast Guard said.Watchstanders at Coast Guard Sector Virginia received a report…
Maersk Lifts Outlook on Surging Demand
Shipping group Maersk lifted its full-year forecasts after a strong first-quarter performance driven by high demand which has led to supply bottlenecks and higher freight rates.Shares in Maersk rose 5% in early trading.Maersk raised its outlook for underlying earnings before interest, taxes, depreciation and amortisation (EBITDA) to $13-15 billion from $8.5-10.5 billion.It expects underlying EBIT of $9-11 billion, up from 4.3-6.3 billion previously, Maersk said in a statement released late Monda
Saudi Arabia Says it Foiled Vessel Attack off Yanbu
Saudi Arabia said on Tuesday it had intercepted an explosive-laden boat off the Red Sea port of Yanbu after maritime security firms cited "unconfirmed reports" of an attack on a vessel in the area.A Saudi defense ministry statement on state media did not say whether there had been any damage as a result of the operation by the Saudi navy to intercept and destroy the remote-controlled boat.Security firm Dryad Global had earlier said it received "unconfirmed reports" that a vessel…
Latest ShadowCat Wayfinder Delivered
The second vessel in the ShadowCat range, Wayfinder, has been delivered, naval architect Incat Crowther and yacht services fir YCTS Ltd announced. Wayfinder builds on the capability of Hodor, delivered in 2019.Wayfinder has a 68-meter length, 14-meter beam and a draft of 2.4 meters which permits close coastline navigation. Features include a fully certified helipad and helicopter hangar, with accommodation and storage over four decks.
Equinor Contracts Seadrill Drillship West Saturn
Offshore drilling contractor Seadrill said it has secured a four-year firm contract with four one year options for the West Saturn drillship with Equinor Brasil Energia Ltda for work on the Bacalhau field in Brazil.Total value for the firm portion of the contract, including mobilization, upgrades and integrated services, is expected to be approximately $380 million, with a performance bonus providing meaningful incremental opportunity, Seadrill said.
ABS Publishes Guide on 3D Printing
Classification society ABS has published guidance on the application of additive manufacturing (AM) in the marine and offshore industries.The ABS Guide for Additive Manufacturing focuses on two main categories of metal AM processes: Powder Bed Fusion and Directed Energy Deposition. The Guide defines the ABS approval and certification process for AM facilities and AM parts by providing standards for AM design, feedstock material, building processes, inspection and testing.
Bahri CEO Says None of Its Vessels Attacked off Saudi Arabia
The chief executive of Saudi Arabia's Bahri said none of the firm's vessels have come under attack after a maritime security group cited unconfirmed reports of an assault off the Saudi Red Sea port of Yanbu."None of our vessels have been attacked," Abdullah Aldubaikhi, CEO of National Shipping Company of Saudi Arabia (Bahri), told Reuters by telephone.He said no vessel had been involved in any incident.Dryad Global said earlier it is receiving "unconfirmed reports" that a vessel, possibly the NC
Svitzer AMEA Appoints Benjamin-Lea as COO
On May 2, Tina Benjamin-Lea will take up the position as new COO in Svitzer’s AMEA region, reporting to Svitzer AMEA’s managing director, Nicolai Vinther Friis. Benjamin-Lea brings with her a wealth of experience within logistics after having worked for more than 30 years in the industry, focusing on cargo operations, chartering, ISPS and terminal operations.Nicolai Vinther Friis, managing director for Svitzer AMEA…
Retlif Earns Certification for Increased Cybersecurity Protection in Maritime Product Testing
Retlif Testing Laboratories (Ronkonkoma, NY) achieved a milestone through the deployment of an effective cybersecurity plan that is in compliance with NIST 800-171 and Levels 1, 2 and 3 of the Department of Defense Cybersecurity Maturity Model Certification (CMMC).Overseen and coordinated by Team Logic IT (South Setauket, NY), completion of the 12-month NIST cyber security compliance project means that Retlif’s Ronkonkoma New York…
Baltic Dry Index Rises on Capesize Push
The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodities, gained on Tuesday as capesize rates touched their highest level in over a year.The Baltic dry
Panama Canal to Become Carbon Neutral by 2030
The Panama Canal has set out to decarbonize its operations, with a target to become carbon neutral by 2030.“We at the Panama Canal are committed to sustainability, and therefore are laying the foundation, creating the tools and identifying the changes needed to achieve efficiencies that will allow us as an organization to reach carbon neutrality. This is a fundamental strategy for the waterway's long-term operation and sustainability,” said Panama Canal Administrator Ricaurte Vásquez Morales.
Latsco Inks LNG Carrier Maintenance Deal with Wärtsilä
Greece-based Latsco LNG Marine Management has signed a five-year maintenance agreement with Wärtsilä covering the main engines for two large liquefied natural gas (LNG) carriers, the Hellas Diana and the Hellas Athina.The deal signed in March 2021 covers two new vessels built at the Hyundai Heavy Industries (HHI) yard in South Korea. They are 297 meters in length and have a cargo capacity of 174,000 cubic meters.
BIMCO Number of the Week: Brazil’s Iron Ore Exports up 14.4%
In the early hours of 22 April 2021, Vale - the Brazilian mining giant, was ordered to temporary suspend shipping activities at the country’s Guaiba Island terminal, a dedicated iron ore export terminal. Later that day, the hurdle was cleared, and activities could resume. Should the market worry when Brazil’s iron ore exports are disrupted? Now, that all depends on the terminal.Ilha Guaiba, accounts for 7% of seaborne Brazilian iron ore exports.
Oil Spills Outside China's Qingdao Port after Ship Collision
A tanker carrying around one million barrels of oil products was involved in a collision near the Chinese port city of Qingdao, spilling oil into the Yellow Sea, China's Shandong Maritime Safety Administration and tanker representatives said on Tuesday.The collision involving anchored Liberia-flagged tanker A Symphony and the Sea Justice took place at 0850 local time (0050 GMT), A Symphony's manager…
Conrad Lays Keel for Great Lakes' New Hopper Dredge
Conrad Shipyard hosted a keel laying ceremony for a new 6,500 cubic yard trailing suction hopper dredge it is building for Great Lakes Dredge & Dock Company (GLDD). Delivery is scheduled before the end of the first quarter of 2023.The dredge will feature two 800mm suction pipes and will be able to dredge at depths of up to 100 feet. The vessel has principal dimensions of approximately 346 feet in length, 69 feet in breadth and 23 feet in depth, and total installed horsepower of 16,500.
EU Blames China for Endangering Peace in South China Sea
The European Union called out China on Saturday for endangering peace in the South China Sea and urged all parties to abide by a 2016 tribunal ruling which rejected most of China’s claim to sovereignty in the sea, but which Beijing has rejected.The EU last week released a new policy aimed at stepping up its influence in the Indo-Pacific region to counter China’s rising power.The Philippines on Friday…
Bollinger Delivers USCGC Glen Harris
Louisiana shipbuilder Bollinger Shipyards said it has delivered the USCGC Glen Harris to the U.S. Coast Guard in Key West, Fla. The vessel is the 167th Bollinger has delivered to the U.S. Coast Guard over a 35-year period and the 44th Fast Response Cutter (FRC) delivered under the current program.The USCGC Glen Harris is the third of six FRCs to be home-ported in Manama, Bahrain, which will replace the aging 110’ Island Class Patrol Boats…
MARAD Awards $20 Million in Shipyard Grants
The U.S. Department of Transportation’s Maritime Administration (MARAD) on Monday awarded $19.6 million in grants aiming to help 31 shipyards modernize, increase productivity, and expand local employment opportunities while competing in the global marketplace.The grants were awarded to shipbuilding and repair yards in 15 states throughout the U.S. as part of MARAD's Small Shipyard Grant Program. Since 2008…
Oil Tanker Hit By Suspected Drone Attack Off Syria
Syria's oil ministry said firefighters on Saturday put out a fire on an oil tanker off the Baniyas refinery after a suspected attack by a drone coming from the direction…
Britain's New Aircraft Carrier Queen Elizabeth to Embark on Maiden Deployment
Britain’s HMS Queen Elizabeth aircraft carrier will lead a flotilla of Royal Navy ships through Asian waters on port visits to Japan and South Korea on its maiden deployment, the British embassy in Tokyo said on Monday.The high-profile visits, aimed at bolstering security ties in East Asia, come amid tensions in the region as concern grows in Japan over any threat posed to neighboring Taiwan by China.Japanese Prime Minister Yoshihide Suga and U.S.
