HST Marine Takes Delivery of Hybrid CTV
UK-based offshore crew transfer vessel operator HST Marine has taken delivery of HST Ella, a hybrid crew transfer vessel (CTV).The vessel, designed by naval architects from Chartwell Marine, is the first hybrid Chartwell 24 vessel to hit the water, following its completion at the local Isle of Wight shipyard Diverse Marine.Tom Nevin, Chief Executive Officer, HST said:"“Rapidly maturing hybrid technology means that environmental consciousness can sit hand in hand with operational excellence…
Russian Investigators Search CPC After Black Sea Oil Spill
Russian investigators were conducting searches at the Caspian Pipeline Consortium (CPC) after Saturday's oil spill near the Black Sea port of Novorossiisk, the regional…
Robosys Testing Advanced Navigation Systems on the Solent
Robosys’ latest product, Voyager 100, is aimed at commercial and workboat vessels and is currently going through a vigorous system-verification series of tests to check and verify that the system is avoiding collisions by making safe and COLREGS compliant decisions – autonomously.For more than a decade, Robosys has been providing Advanced Navigation Systems for manned and unmanned vessels, offering…
Ingalls Names Norris Director of Government Affairs
America’s largest military shipbuilding company Huntington Ingalls Industries (HII) announced on Thursday that its Ingalls Shipbuilding division has named Jack Norris as director of state and local government affairs.Norris will lead all state and local government relations efforts in support of the Pascagoula, Miss. shipbuilder’s strategic goals and will collaborate with community and economic development partners…
Are We Looking at the Next Dry Bulk Super Cycle? Is It Even a Cycle?
Throughout the first half of the year, talk of a new dry bulk super cycle has been on many lips as commodity prices have soared to multi-year highs. Freight rates and ship values have also risen but although they exceed prices seen during most of the 2010s, they are still far below super cycle levels.“Commodity prices have staged a comeback and are hovering around or above 2007 and 2008 levels. This has fuelled talk of a commodity super cycle.
Belgium's Euronav Posts 2Q Loss on Low Oil Tanker Demand
Belgium's Euronav, which provides shipping and storage services for crude oil, swung to a second-quarter loss, it said on Thursday, as recovering demand for oil and easing production cuts had yet to lead to better shipping rates.The Antwerp-based group posted a loss of $89.7 million for the period compared to a $259.6 million profit a year earlier."Improving crude demand and the tapering of OPEC+ production cuts have yet to translate into freight rate recovery…
Wilhelmsen, NorSea Acquire Stake in Norwegian Deep-sea Mining Firm
Global maritime group Wilhelmsen and the Norwegian offshore supply base firm NorSea have together acquired an 18% stake in the Norwegian deep-sea mining company Loke Marine Minerals."As the energy transition continues to gather pace, we are actively looking at new projects and business areas, outside of the oil and gas industry, where NorSea’s unique port infrastructure and proven service and supply know-how can continue to be a key driver of success.
VIDEO: Prosperity FPSO Hull Arrives in Singapore
The hull of the FPSO Prosperity, which will be Guyana's third offshore oil production unit once delivered, has arrived at the Keppel yard in Singapore, where it will be fitted with topside modules.SBM Offshore, which will deliver the FPSO to end client ExxonMobil, said that despite the various challenges posed by the ongoing global pandemic, the unit remained on schedule to be completed in 2024."Drydock activities are scheduled to begin in the 4th quarter of this year…
Wood-chip Carrier Runs Aground Off Japan. Hull Splits in Two, Oil Spills into Ocean
Crimson Polaris / Credit: Japanese Coast GuardPanama-flagged Crimson Polaris wood-chip carrier ran aground off Hachinohe in Aomori prefecture at around 7:35 am (JST) on August 11, after being swept away by a strong wind while anchored, NYK, the charterer of the vessel, said.The hull of the 199-meter vessel then split in two at 4:15 am on August 12, and oil from the vessel has spilled into the ocean.
Container Shipping Giant Hapag-Lloyd Posts Near 10-fold Profit Rise in H1
German container shipping line Hapag-Lloyd on Thursday reported a nearly 10-fold increase in first-half net profit, citing surging freight rates amid scarce transport capacities.The group, the world's number five in the industry, said net profit climbed to 2.7 billion euros ($3.28 billion) from 285 million euros a year earlier.It said it did not expect any normalization in global supply chains which have seen severe infrastructure bottlenecks due to the coronavirus crisis."We are naturally pleas
Keppel Offshore & Marine Delivers Russia's First LNG Bunkering Vessel
Singapore-based shipbuilder Keppel Offshore & Marine has delivered Dmitry Mendeleev, Russia’s first Liquefied Natural Gas (LNG) bunkering vessel. Designed and built by Keppel O&M, the 5,800m3 ice-class LNG bunkering vessel (LBV) Dmitry Mendeleev was delivered to Shturman Koshelev. When the vessel was ordered back in 2019, it was said that it would, once delivered, be chartered by Gazprom Neft for Baltic…
Cyber Security Threats Challenge International Shipping Industry
The crippling ransomware attack against the Colonial oil pipeline in the U.S. in May 2021 should be a wake up call for the maritime industry. As a critical part of the global supply chain, the shipping industry could become an attractive target for cyber criminals and politically motivated attacks. Marine insurer Allianz Global Corporate & Specialty explores these challenges in its latest Safety & Shipping Review 2021.The 9…
Wärtsilä to Power Two New Australian RoPax Ferries
Finnish technology group Wärtsilä said it will supply the engines and fuel gas supply systems for two new Ro-Pax ferries being built at the Rauma Marine Constructions (RMC) yard in Finland for Australian ferry fleet owner and operator TT-Line Company Pty Ltd.TT-Line currently operates two ferries, Spirit of Tasmania I and Spirit of Tasmania II, both of which operate with Wärtsilä engines, on the route between Melbourne, Victoria and Devonport, Tasmania.
Two Secondhand Bulkers Delivered to Castor Maritime
Cyprus-based shipping company Castor Maritime announced on Wednesday it has taken delivery of two newly acquired secondhand dry bulk carriers.On August 6, the company accepted delivery of the 2013 Japanese-built Panamax bulker Magic Pluto, which it had agreed to acquire as previously announced on May 17.On August 9, it took delivery of the Magic Perseus, the 2013 Japanese-built Kamsarmax bulk carrier…
Austal USA Awarded LCS Maintenance Contract
The U.S. Navy awarded Austal USA a sustainment execution contract (SEC) for repair, maintenance and modernization of all Littoral Combat Ships (LCS) homeported in San Diego. This includes all Austal-built Independence-variant LCS as well as the west-coast based Freedom-variant LCS.The SEC West award will enable the company to further expand its current San Diego service center while offering a greater range and depth of support available to the U.S. Navy.
Black Sea Oil Spill Much Larger than Initially Reported
An oil spill off Russia's Black Sea coast over the weekend spread over an area of nearly 80 square kilometers and was much larger than initially thought, scientists…
COVID-19 Vaccine Offered Free for Seafarers
Crew services specialist Boers has launched seafarer vaccination programs at German and Belgian ports, as shipping executives warn of onboard COVID-19 outbreaks because mariners are not getting vaccines quick enough.Seafarers arriving at ports in Antwerp, Ghent and Zeebrugge can get one-shot COVID-19 jabs through Boers’ scheme, which is being launched to protect key workers in the shipping industry.The…
Baltic Dry Index Jumps to Over One-month High
The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose to its highest in over a month on Wednesday as demand across vessels segments rose.The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was up 35 points, or about 1%, at 3,410 points, a peak since June 29.The capesize index snapped a three-session losing streak to rise 56 points, or 1.3%, to 4,384 points, its highest since Aug.
Japan's First LPG-fueled LPG Carrier Named
Kawasaki Heavy Industries, Ltd. held a naming ceremony at Sakaide Shipyard for the liquefied petroleum gas (LPG)-fueled LPG carrier Crystal Asteria, which is being built for Kumiai Navigation (Pte) Ltd.The 229.9-meter newbuild is Japan's first dual-fuel LPG carrier, capable of running on both LPG and low-sulphur fuel oil. It is scheduled for delivery during 2021.At the ceremony, the vessel was named by Mr.
MN100 Application Deadline Extended
The deadline to apply for inclusion in Marine News magazine's annual MN100 awards edition has been extended to September 1.Each year, the publication profiles 100 of the top firms in the shallow-draft, brown water workboat space. Is your company one of the best? Apply now.The 100 companies selected will be featured in the largest BPA-audited b-to-b publication in this genre. OEMs, service providers, shipyards, operators and the full gamut of marine-related businesses are eligible.
