Borealis Finance Sells 10 Container Ships for $203,5M
Oslo-listed Borealis Finance said Thursday it had sold 10 container ships for $203,550,000 in total and that it had informed Nordic Trustee it would prepay $188…
Metal Shark Delivers Next-gen Fireboat to Orange Beach Fire Rescue
Shipbuilder Metal Shark has introduced the 38 Defiant NXT, described as a next-generation welded aluminum monohull pilothouse model based on the company’s 38 Defiant platform. The first new vessel, “Fire Boat 2,” has been delivered to Orange Beach Fire Rescue in Alabama.Since 2011, Metal Shark has delivered over 100 legacy model 38 Defiant vessels, in a wide range of configurations to fire departments…
Singapore LNG Wants to Extract Chemicals from LNG
Singapore LNG Corp, operator of the city-state's liquefied natural gas (LNG) terminal, is designing a new facility to extract chemicals from the super-chilled fuel, in a project that could help boost the island's energy security.The company said on Wednesday it is working with Keppel Infrastructure through its wholly-owned subsidiary Keppel Energy and another industry partner on front-end engineering…
WER: Near-term Outlook for Floating Production Systems 'Very Positive'
The oil and gas sector continues to rebound from the great downturn, though regional surges of Covid-19 have been spooking the market, causing crude prices to be a bit volatile over the past two weeks. But, the near-term outlook remains very positive. This is the conclusion of the in-depth market analysis in the July 2021 Floating Production Systems Report - a go-to database for all things FPSO/FPU…
RFP: Electrical Integrators Sought for Skagit Count All-Electric Ferry
Skagit County Public Works and Seattle-based vessel designer Glosten are seeking proposals from electrical integrators to provide the vessel and shore electrical systems and the automated charging plug for the all-electric ferry design to replace the M/V Guemes.The Washington State Legislature recently passed SHB1502, providing authority for the county to select this equipment during the vessel’s contract design.
ABB Propulsion for U.S. First Fully Electric Tug
ABB said Thursday it would deliver an integrated electric propulsion system and vessel control technology for Crowley’s pioneering eWolf tug, built for sustainable and safe operations at the Port of San Diego.Upon delivery by Alabama-based shipbuilder Master Boat Builders, Inc. (MBB) in mid-2023, Crowley Maritime Corporation’s new 82-foot (25-meter) vessel will support ship arrivals and departures at the Port of San Diego in California.It will be the first all-electric…
Siem Offshore's Anchor Handler Secures Charter Extension in Australia
Norwegian offshore vessel owner Siem Offshore has been awarded a six-month extension for the AHTS Siem Topaz in Australia. Siem Offshore shared the news on Wednesday…
Belgian Shipowner, Canadian Fertilizer Firm Set to Build Ammonia-fueled Ship
Belgium-based shipowner Exmar is partnering up with a Canadian fertilizer company to build jointly develop and build a low-carbon, ammonia-fueled vessel which they aim to deploy as early as 2025."Partners for over three decades in transporting ammonia globally, Nutrien is one of the world’s largest producers of low-carbon ammonia and is a leading player and innovator in the transportation of liquefied gas products…
U.S. Looking at Ways to Compensate Fishing Industry for Offshore Wind Impacts
The Biden administration is considering ways to ensure the U.S. commercial fishing industry is paid for any losses it incurs from the planned expansion of offshore wind power in the Atlantic Ocean, according to state and federal officials involved in the matter, [Reuters reported in an exclusive on Thursday.]Discussions between state and federal officials, which participants described as being at a very early stage…
EMSA Taps Drone Firm for Long-range Maritime Surveillance Services
Oslo-listed drone company Nordic Unmanned has received a conditional letter of award from the European Maritime Safety Agency (EMSA) for a contract worth up to 20 million euros ($23,75 million).The letter of award is related to fixed-wing RPAS (drone) services carrying out long-range general maritime surveillanceThe official value of the framework contract is EUR 20 million over a period of up to 2+1+1 years. Nordic Unmanned is the contractual partner with EMSA.
Wärtsilä Engines, Thrusters for OHT's Offshore Wind Jack-up Rig
Finland-based maritime and offshore engine and equipment maker Wärtsilä has won orders to equip Norwegian firm OHT’s next-generation wind offshore turbine installation vessel being built in China.Wärtsilä will supply an integrated propulsion and dynamic positioning thruster solution, including the engines, a Wärtsilä NOx reducer emission abatement system, as well as steerable and tunnel thrusters to…
Hyundai Samho Delivers Diamond Gas Victoria LNG Tanker
Japan's NYK Line said Wednesday it had, as part of Diamond LNG Shipping 6 consortium, taken delivery of the Diamond Gas Victoria LNG gas carrier.The LNG carrier will transport LNG from British Columbia for the LNG Canada project, as well as from other locations around the world, under a long-term time-charter contract with Diamond Gas International, a subsidiary of Mitsubishi Corporation (MC), which…
Silversea Cruises' New Ultra-luxury Ship Christened in Greece
Silver Moon, Silversea Cruises' newest ship in its "ultra-luxury" fleet, was christened Thursday in Athens, Greece. The naming ceremony was held in the port of Piraeus.At 40,700 gross tons and with a maximum capacity of 596 guests, Silver Moon is the cruise line’s second Muse-class ship.Constructed by Fincantieri at its Ancona shipyard, Silver Moon is an evolution of her sister ship Silver Muse, Silversea Cruises said."The ship benefits from re-imagined public spaces…
Maersk Gives Kenyan Exporters to Europe a Boost with Salalah Transshipments
Shipping giant Maersk is enhancing the service it offers from Mombasa, Kenya, to North Europe, specifically Felixstowe and Rotterdam, by providing a single transshipment product via Salalah, Oman.Maersk said that the ME7 service would connect Kenya’s exports via Salalah to Europe ensuring the cargo will flow smoothly without getting affected by unforeseen delays in case of congestion. The ME7 service will provide regular rotations between the hubs of Colombo and Salalah…
MPC Container Ships Refinances Debt
Container ship opertor MPC Container Ships has entered into a $70 million three-year revolving credit facility agreement with CIT Group. The company said the loan…
PHOTO: U.S. Coast Guard Commissions Three New Cutters in Guam
The U.S. Coast Guard on Thursday commissioned three new Fast Response Cutters at a ceremony presided over by Adm. Karl Schultz, the Coast Guard’s commandant.The Coast Guard Cutters Myrtle Hazard (WPC 1139), Oliver Henry (WPC 1140) and Frederick Hatch (WPC 1143) were commissioned during what the USCG said was a rare triple-commissioning ceremony at the new homeport at Coast Guard Forces Micronesia Sector Guam.
Crowley Bags $638M Vessel Acquisition Management Deal with MARAD
Crowley Maritime has secured a multi-year, $638 million contract for Vessel Acquisition Management (VAM) by the U.S. Maritime Administration (MARAD)."Crowley’s strategic acquisition and vessel management service will assist MARAD in the enhancement of the Ready Reserve Force (RRF), helping reduce the overall age of the fleet and increase ship reliability. The fleet executes U.S. Department of Defense (DoD) sealifts…
Nord Stream 2 Pipeline 99% Complete
The much-politicized Nord Stream 2 undersea gas pipeline from Russia to Germany is 99% complete, the pipeline operator said on Wednesday, after the pipelay vessel Akademik Cherskiy finished its initially planned workload.The $11 billion Nord Stream 2, designed to bypass Russia's political foe Ukraine and double the capacity of the existing Nord Stream pipeline to 110 billion cubic meters per year,…
RWE Taps Fugro for UK North Sea Wind Farm Site Survey
Dutch offshore survey specialist Fugro has secured a contract with RWE to carry out geophysical exploratory works at Five Estuaries offshore wind farm, the extension project of the existing 353MW Galloper wind farm.Works are expected to take place in the Southern North Sea from August to November 2021.Three dedicated vessels will map the characteristics of the seabed and bedrock to assess the conditions around the wind farm site and the potential cable locations.
Iron Ore: China Demand Powers Fortescue Shipments to Record
Australia's Fortescue Metals Group Ltd on Thursday narrowly beat its full-year estimate for iron ore shipments after a record fourth quarter, as strong demand from top consumer China offset the impact of bad weather.The world's fourth-largest iron ore miner fared better than rivals Rio Tinto and BHP, whose June quarter output dropped because of weather disruptions in Western Australia.Despite those disruptions…