Traffic in Suez Canal Resumes After Ever Given Refloated
Shipping was on the move again late on Monday in Egypt's Suez Canal after tugs refloated a giant container ship which had been blocking the channel for almost a week, causing a huge build-up of vessels around the waterway.With the 400-meter-long (430-yard) Ever Given dislodged, 113 ships were expected to transit the canal in both directions by early Tuesday morning, Suez Canal Authority (SCA) chairmanā¦
Ørsted and NOAA Ink Data Sharing Agreement
NOAA and offshore wind development company Ørsted have signed a memorandum of agreement (MOA) to share physical and biological data in Ørsted-leased waters subject to U.S. jurisdiction. NOAA, said the MOA is the first of its kind with an offshore wind developer and that it anticipates Ørstedās data will fill gaps in ocean science areas, particularly in ocean mapping and observing, to help meet NOAA missions related to climate adaptation and mitigationā¦
U.S. Sets 30 GW Offshore Wind Target
The Biden administration on Monday unveiled a goal to expand the nationās fledgling offshore wind energy industry in the coming decade by opening new areas to development, accelerating permits, and boosting public financing for projects.The plan is part of President Joe Bidenās broader effort to eliminate U.S. greenhouse gas emissions to fight climate change, an agenda that Republicans argue couldā¦
How Shipping Ports Can Become More Sustainable
Marine shipping drives 90% of global trade, moving over 11 billion tonnes of containers, solid and liquid bulk cargo across the worldās seas annually. Almost all consumer products we buy ā or the raw materials required to make them ā arrive at Canadian ports via ship.Each year, Canadian port facilities handle about 340 million tonnes of goods, worth about $400 billion. Roughly 25% of Canadian exports and importsā¦
Top Three Takeaway Lessons From the Suez Canal Blockage
For a week the world was gripped by the extraordinary sight of a massive container ship that had run aground in the Suez Canal in Egypt. The Ever Given is 400m long (1,312ft) and weighs 200,000 tonnes, with a maximum capacity of 20,000 containers. It was carrying 18,300 containers when it became wedged in the canal, blocking all shipping traffic. Efforts to free it finally paid off when it was partially dislodged in the early hours of Monday 29 March.
Ship Scrapping Market Sees Big Bookings
Several large LDT sales have taken place this week, as owners dip in to take advantage of the red hot sub-continent markets of the moment.Almost all of the locations saw some activity this week (market and private), with India even getting in on the act (despite being the lowest placed sub-continent market) with one high-priced stainless-steel tanker purchase registering for the week.With abysmal rates persisting across the sectorā¦
Seaspan Shipyards Begins Building Canada's New Research Ship
Canadian shipbuilder Seaspan Shipyards announced on Monday it has cut steel and started full-rate construction of the newest oceanographic science research vessel for the Canadian Coast Guard and Fisheries and Oceans Canada.The 88-meter Offshore Oceanographic Science Vessel (OOSV) is being built under Canada's National Shipbuilding Strategy (NSS) at Seaspanās multi-program Vancouver Shipyard concurrentlyā¦
Double Hulls and the Oil Spills That Never Happened
When it comes to marine pollution, often itās the bad news that makes the headlines. But for every newsworthy incident, thereās another story about the spills and other incidents that didnāt happen thanks to preventative measures and policies, and the responders who think quickly on their feet. In this new blog series, weāre shining a spotlight on the āgood newsā stories.Looking for a good news story?
The Ever Given is on the Move; the Suez Canal Reopens
A largescale salvage operation has freed one of the world's biggest containerships from blocking global trade through the Suez Canal, services firm Boskalis said Monday, enabling the resumed flow of maritime commerce through one of the worldās most important shipping arteries.At high tide on Monday, a team of tugboats was able to dislodge the 20,000 TEU Ever Given's bulbous bow from the bank of the canal where it had been stuck for nearly a week.
Backlogs from Suez Closure Could Take Months to Clear
The stranding of a container ship in the Suez Canal has created disruptions in the global shipping industry that could take weeks and possibly months to clear, top container shipping lines said.Around 30% of the worldās shipping container volume - including goods like sofas, consumer electronics, apparel and shoes - moves through the 193 km (120 miles) Suez Canal daily. Empty containers, which Asian factories need to ship goodsā¦
Global Reinsurers Stare at Massive Losses from Suez Canal Blockage
The blocking of the Suez Canal by one of the worldās largest container ships is likely to result in losses worth hundreds of millions of euros for the reinsurance industry, Fitch Ratings said, even as rescue teams were successful in partially refloating the vessel on Monday.The 400-metre (430-yard) long Ever Given got wedged diagonally across the canal in high winds early last Tuesday, blocking theā¦
U.S. State Secretary: Completing Nord Stream 2 Pipeline Ultimately up to Builders
U.S. Secretary of State Antony Blinken said in an interview broadcast on Sunday that it was ultimately up to those building the Nord Stream 2 natural gas pipeline whether to complete it despite opposition from Washington.On Wednesday, Blinken said he had told his German counterpart that U.S. sanctions against the pipeline from Russia to Germany were a real possibility and there was "no ambiguity" inā¦
Full Refloating of Stuck Ship in Suez Canal Not a 'Piece of Cake,' Boskalis CEO Says
News about the partial refloating of the giant container ship that was stuck in the Suez Canal is good, but completing the operation would not be a "piece of cake", Boskalis CEO Peter Berdowski told Dutch public radio on Monday.Boskalis is the parent company of Smit Salvage, which has assisted in efforts to dislodge the ship.A new tug would arrive and water would be injected under the ship's bow to help free itā¦
USTC Puts Digitalization on the Fast Track with BunkerEx Acquisition
USTC has acquired BunkerEx in a move to step up and streamline digitalization activities across USTC companies.BunkerEx caters to digitalization and transparency within logistics and transport, providing accessibility and optimization of online platform for fueling costs.āThe acquisition of BunkerEx is a testament to our ambition to digitalize and be at the forefront of innovation and new technologies within the industry.
OHT Sees Uptick in Demand to Transport Offshore Wind Equipment to China
Oslo-listed Offshore Heavy Transport has said it has recently experienced an uptick in demand for the transportation of offshore wind equipment to China."OHTās fleet of semi-submersible heavy transportation vessels have been busy transporting offshore wind equipment to China, supporting the huge surge in development of offshore wind farms in the fast-growing market. This followed OHTās largest transportation project to dateā¦
MHI Transfers Naval, Governmental Ships Business of Mitsui E&S Shipbuilding
Mitsubishi Heavy Industries, Ltd. (MHI) has reached a final agreement with Mitsui E&S Holdings Co., Ltd. under which MHI will take over the Naval and Governmentalā¦
Australia's MMA Offshore Scores Offshore Wind Hat-trick in Taiwan
Australian offshore vessel operator MMA Offshore has secured three new contracts in the offshore wind market in Taiwan.The contracts are for the vessels MMA Prideā¦
Giant Ship Blocking Suez Canal Partially Refloated
A massive container ship blocking Egypt's Suez Canal for nearly a week has been partially refloated, the Suez Canal Authority (SCA) said on Monday, raising hopes the busy waterway will soon be reopened for a huge backlog of ships.The 400-meter (430-yard) long Ever Given became jammed diagonally across a southern section of the canal in high winds early last Tuesday, halting shipping traffic on theā¦
Turkey Approves Development Plans for Istanbul Canal
Turkey has approved development plans for a huge canal on the edge of Istanbul, Environment Minister Murat Kurum said on Saturday, advancing a project which has attracted criticism over its cost and environmental impact.The step came a year after Turkey held its first tender for the reconstruction of two historic bridges in its largest city where the 45km (28 miles) Kanal Istanbul, championed by President Tayyip Erdoganā¦
Diggers and Dredgers Struggle to Free Ship Blocking the Suez Canal
Suez Canal salvage teams intensified excavation and dredging on Sunday around a massive container ship blocking the busy waterway ahead of attempts to refloat it, with two sources saying work had been complicated by rock under the shipās bow.Diggers were working to remove parts of the canalās bank and expand dredging close to the shipās bow to a depth of 18 meters, the Suez Canal Authority (SCA) said in a statement.There was no mention of new attempts to release the ship with tugsā¦
