Austal USA Picks Up the Lease on the Marine Group Boatworks' Ship Repair Yard
Marine Group Boat Works (MBGW) transfered the lease of its National City facility to Austal USA. The deal is scheduled to close mid-December 2021. This announcement comes after a period of unprecedented growth for MGBW in its yacht, commercial and specialty government craft divisions. The San Diego-based company will continue their focus on the growing superyacht industry and servicing commercial vessels, with emphasis on the high-speed ferry and tug and barge industries.
Serbia Restores Warship that Fired First Shots of World War One
Serbia has finally recalled to service as a floating museum a warship that fired the first shots that began World War One, following years of lobbying from navy ship enthusiasts who wanted it restored.The SMS Bodrog was one of two Austro-Hungarian heavy gunboats that sailed into the confluence of the rivers Sava and Danube around midnight on July 28, 1914. Its two canons hurled shells at Serbian positions in Belgradeā¦
SHI SVESSEL "Smart Ship" Design gets BV Cyber Secure AIP
Samsung Heavy Industries Co., Ltd (SHI) received an Approval in Principle (AiP) for an LNG carrier design under Bureau Veritasā (BV) Cyber Managed Prepared notation. The certificate was delivered to the Hyun Joe Kim, Vice President of SHI, by Christophe Capitant, Chief Country Executive of BV Korea, at a ceremony on SHI R&D Center in Daejeon, Republic of Korea.SHI has received the AiP for its SVESSEL smart ship solution, which focuses on complete digitalization of the ship and its applications.
Hapag-Lloyd Profit Soars 10-fold on Record Freight Rates
German container shipping line Hapag-Lloyd reported a more than 10-fold surge in nine-month net profit on Friday, citing record freight rates amid scarce transport capacity and rising transport volumes.The world's fifth biggest operator said net profit climbed to 5.6 billion euros ($6.41 billion) in the January-September period, from 538 million euros a year earlier.It expects earnings momentum toā¦
Shooting the Messenger? Shipping Carries the Can as Investors Shun Coal
Shipping companies that transport the world's coal are in the crosshairs of some financial backers who are cleaning up their businesses in the absence of a truly global drive by nations to renounce the dirtiest fossil fuel.In a sign of investors taking the initiative, six European firms collectively representing over 5% of the estimated annual $16 billion capital financing requirements of the dry bulkā¦
Solstad Offshore Sells Platform Supplier
Norwegian offshore vessel owner Solstad Offshore is continuing with divestments of non-core vessels and has now sold the Rem Provider platform supply vessel.The vessel, built in 2007, was sold by Solstad Offshore's subsidiary Solstad Rederi AS and the vessel was delivered to the new owner took on Friday. "The sale of the vessel will result in an immaterial accounting effect for Q4 2021," Solstad Offshore said, without sharing further details on the buyer or on the sale value.
Interview: Five Minutes with Susan Ludwig, President, Coast Guard Foundation
COVID has presented numerous challenges, particularly to the members of the U.S. Coast Guard. The Coast Guard Foundation has stood strong throughout to assist, as Susan Ludwig discussed with Maritime Reporter TV.Susan, when COVID effectively shut down the world in 2020, everyone had to make adjustments. How did the Coast Guard Foundation respond?We did what everybody else did; we planned for the worst on a weekly basis.
Report: Exxon, SBM Offshore in Talks to Build Fourth FPSO for Guyana
Exxon Mobil is in discussions with Dutch contractor SBM Offshore NV to build a fourth multibillion-dollar production unit to develop its Guyana oil discoveries, two people close to the negotiations said.The talks include the potential for some future platform assembly in Guyana, the people said. Guyana hopes to develop an oil industry infrastructure to boost the economy and job growth. Officials areā¦
Sothys Oil Tanker Bound for Vietnam After Release by Iran
The Sothys oil tanker is heading back to Vietnam, with its crew all in good health, after the vessel was released by Iran, an official of Opec Petrol Transportation Co., the owner of the tanker, said
USACE to Perform Winter Maintenance at Six Locks
The U.S. Army Corps of Engineers, St. Paul District, is preparing for major repairs at six of its Mississippi River locks this winter to ensure they continue working as designed.Maintenance is scheduled at Lock and Dam 4, Alma, Wisconsin; Lock and Dam 5A, near Fountain City, Wisconsin; Lock and Dam 6, Trempealeau, Wisconsin; Lock and Dam 7, near La Crescent, Minnesota; Lock and Dam 8, near Genoa, Wisconsin; and Lock and Dam 10, Guttenberg, Iowa.The locks will be closed from Nov.
New Grain Load Record at Port of Thunder Bay
Canada Steamship Lines (CSL) set a new record at the Viterra terminal in the Port of Thunder Bay yesterday, when it loaded 31,362 metric tonnes of grain on CSL Welland, breaking the previous record of 31,143 metric tonnes. The cargo of wheat will be discharged in Montreal, destined for international markets.āI commend Captain Rowe and his crew, the Viterra team, the Port of Thunder Bay, as well as our CSL teams on the ground who contributed to this achievementā¦
ABSG Consulting, Global Maritime Partner for US Offshore Wind
Operational risk management company ABSG Consulting Inc. and marine offshore and engineering consultancy Global Maritime announced their alliance to support the U.S. offshore wind sector. Global Maritime's U.S. subsidiary, American Global Maritime Inc., and ABS Consulting will offer a service that supports the offshore wind life-cycle from concept design through decommissioning."We are thrilled toā¦
Interview: Will Roberts, President, Foss Maritime
Will Roberts joined Seattle-based Foss Maritime in 2017 as chief commercial officer, and in 2018 he was named chief operating officer. Prior to joining Foss, Roberts held a number of leadership roles for marine systems and services provider Rolls-Royce, rising to senior vice president, customer and servicesāAmericas. A U.S. Navy veteran, Roberts served as a qualified deck and engineering officer aboard the fast attack submarine USS Honolulu. He graduated from the U.S.
Bulk Carrier Rescues Crew of Fire-stricken Fishing Vessel
A bulk carrier came to the rescue of seven people after their 85-foot commercial fishing boat caught fire Wednesday morning, approximately 350 miles west of Monterey, Calif.The U.S.
Gunvor Sells Its Rotterdam Oil Terminal to GES
Global Energy Storage, a new company that aims to store products such as hydrogen and biofuels, said on Thursday it is buying assets in Rotterdam from commodities firm Gunvor Group and will redevelop 20 hectares (49 acres) of land in the port for its operations.Financial details of the purchase, which includes part of Gunvor's Stargate Oil Terminal, were not disclosed.The company's plan is to "take an existing oil terminal and develop it into a state-of-the-art low-carbon products terminalā¦
New Emissions Tracker for Charterers Launched
Klavenessā digital arm has partnered with their decarbonization gurus at ZeroLab to make emissions from seaborne transportation readily available to charterers.A new emissions monitoring tool in CargoValue enables cargo owners to view total emissions by commodity, volume and ship type. The tool, previously piloted with a major charterer in the aluminum industry, enables cargo owners to quickly assessā¦
U.S. Navy: Constellation-class Brings Frigates Back to the U.S. Fleet
Introducing a new class of warship can be fraught with pain, and the first ship is always the hardest ā almost always behind schedule and over budget. And trying something new and transformational is even harder.The U.S. Navy knows this from experience. Thatās one reason why the Navy is opting for a lower risk design for its next class of guided missile frigates (FFGs).Just about every new class has experienced a rough start.
China Issues Additional LSFO Quotas for 2021
China has issued new export quotas for the export of low-sulphur fuel oil (LSFO) used to power ships and for other refined fuels such as gasoline and diesel for the rest of 2021, according to a trading source and document reviewed by Reuters on Thursday.Under the new quotas, 1 million tonnes of LSFO can be exported while 1.579 million tonnes of refined fuels can be shipped, according to the sourceā¦
Mammoet, Offshore Wind Innovators Open Challenge to Innovate on Offshore Wind Logistics
Companies challenges innovators to find a solution for lifing, transferring components for offshore wind turbinesMammoet and Offshore Wind Innovators, in cooperation with TKI Wind op Zee, have launched the 5th Offshore Wind Innovation Challenge, which is focused on finding solutions for the safe and efficient transfer of objects from a floating vessel to offshore wind structures, to reduce the cost and the scheduled impact of maintenance.
Berg Partners with Yaskawa in Electric Propulsion Drive
Berg Propulsion has signed a key supplier and cooperation agreement to provide systems integration capability for Yaskawa Environmental Energy / The Switch permanent magnet (PM) and power electronics products. The cooperation creates a new and combined force offering the robustness and efficiency of propulsion systems where electric motors directly drive the propeller shaft, consolidating Bergās growingā¦
