Static Week in Ship Recycling, says GMS
According to GMS, itt has been an increasingly static week in the Indian sub-continent ship recycling markets, especially after some early 2022 optimism displayed by a resurgent India in particular.Sales on various specialist units soared this past week in Alang ā with several stainless-steel chemical tankers, Russian fish factories, and a barge being committed at some extraordinary levels.Competing markets in both Pakistan and Bangladesh could only sit by and watchā¦
Wärtsilä to Supply Methanol-fueled Engines for Van Oord's Offshore Wind Installation Vessel
Five Wärtsilä 32 engines capable of operating with methanol will power a new Offshore Wind Installation Vessel (WIV) being built for Dutch contracting company Van Oord at Yantai CIMC Raffles shipyard in China, in what is the first such order for the Finland-based marine engine and equipment maker.Dutch marine and offshore services company Van Oord in October 2021 ordered the jack-up for offshore wind turbine installation.
Blue Petra Orders Fast Crew Boat from Strategic Marine
Strategic Marine, a Singapore-based shipbuilder, has received an order for the construction of a 40-meter Fast Crew Boat from Blue Petra Sdn Bhd, a subsidiary of Great Ocean Supply & Services, based in Malaysia.Great Ocean is a licensed Petronas contractor and a preferred supplier to the Malaysian oil and gas industry, and the vesselās delivery is scheduled for the 3rd quarter of 2022, Strategic Marineā¦
Collaboration Crucial for Decarbonization -MSC CEO
The CEO of container shipping giant MSC highlighted the importance of working together to achieve net decarbonization in a digital keynote speech at DNVās āFuel of the Future Conferenceā on January 11, as part of the annual Nor-Shipping convention.In his speech, Soren Toft explained MSCās views on the status of decarbonization in the container shipping sector, summarized how the company is approachingā¦
New Zealand Water Ship Unloads in Tonga
Life-saving water supplies from a New Zealand navy ship were distributed across Tonga's main island on Friday, as other countries battled the logistics of delivering aid to one of the world's remotest communities.Six days after the South Pacific archipelago was devastated by a volcanic eruption and tsunami that deposited a blanket of ash and polluted its water sources, the HMNZS Aotearoa docked in the capitalā¦
Royal Dutch No More: Shell Officially Changes Name
Shell officially changed its name on Friday, ditching "Royal Dutch", which has been part of its identity since 1907, following plans to scrap its dual share structure and move its head office from the Netherlands to Britain."Shell announced the Board's decision to change its name to Shell plc on December 20, 2021. This change has now taken effect," Shell said in a filing.The London and Amsterdam stock exchanges will reflect the name change on Jan.
Peru Oil Spill Declared an Environmental Emergency
Peruvian President Pedro Castillo declared an environmental emergency on Thursday as clean-up teams struggled to contain a huge oil spill at the country's biggest refinery, after rogue waves rocked a ship unloading crude there.The spill, blamed on unusual swells caused by a volcanic eruption thousands of miles away in Tonga on Sunday, has dirtied waters and beaches along Peru's Pacific coast, with dead birds and seals washing up on shore."We are at a critical moment in environmental mattersā¦
How a Russian-Ukraine Conflict Might Hit Global Markets
A potential invasion of Ukraine by neighboring Russia would be felt across a number of markets, from wheat and energy prices and the region's sovereign dollar bonds to safe have assets.Below are four charts showing where a potential escalation of tensions could be felt across global markets:Safe havensInflation at multi-decade highs and impending interest rate rises have made for a bad month for bond markets, but an outright Russia-Ukraine conflict could change that.Two-year U.S.
Pete Davidson and Colin Jost Buy Decommissioned Staten Island Ferry
An out-of-service Staten Island Ferry vessel has reportedly been purchased by Saturday Night Live stars Pete Davidson and Colin Jost.The Staten Island natives bought the decommissioned 277-foot ferry John F. Kennedy at auction in partnership with Manhattan real estate broker and comedy club owner Paul Italia, the New York Post reported.āThe idea is to turn the space into a live entertainment event spaceā¦
ABS Withdraws Certification for Two Oil Tankers Over Iran Sanctions
Two tankers have had their environmental and safety classification withdrawn by a U.S. company that provides such certification, after accusations by a U.S. advocacyā¦
A Greener and More Ambitious EU Maritime ETS Emerges
On January 14, 2022 the European Parliamentās Rapporteur, MEP Peter Liese, published his draft report on a proposal to revise the Emissions Trading System (ETS) Directive¹ which forms part of the āFit for 55ā package of climate and energy reforms published on July 14, 2021. The draft report includes a number of ambitious amendments to emissions trading for the maritime sector ā the Maritime ETS ā whichā¦
KSOE & HHI Receive AIP for BV Cyber Managed Prepared Notation
Bureau Veritas (BV) has delivered an approval in principle (AIP) for BVās āCyber Managed Preparedā notation to Hyundai Heavy Industries Co., Ltd. (HHI) and Korea Shipbuilding & Offshore Engineering Co., Ltd. (KSOE) for its vessel design.The maritime industry is growing ever more connected, with the majority of newbuild vessels today being built with integrated digital systems on board. While this increasedā¦
Shipbuilding: ESG Completes New Aluminum Superstructure Fabrication, Assembly Hall
Eastern Shipbuilding Group, Inc. (ESG) complted a new $5-million aluminum superstructure fabrication and assembly hall at its Nelson Street Shipyard, an infrastructure project to support multi-hull production for the U.S. Coast Guardās (USCG) Offshore Patrol Cutter (OPC) program, on which ESG is the prime contractor. The aluminum fabrication facility, with its crane capacity and hook height, alongā¦
Norside to Convert Platform Supplier into Offshore Wind W2W Vessel
Norwegian shipowning company Norside has taken ownership of Blue Ship Investās platform supply vessel āFarlandā and will convert it into a walk-to-work vessel for the offshore wind industry."The PX121 design by Ulstein has once more proven to be a preferred design for conversions into new segments, and 'Farland' is about to transfer from the offshore oil & gas industry to the offshore wind industryā¦
Wakashio Wreck Removal Completed
Technical operations to remove the wreck of the Wakashio bulk carrier that ran aground and broke up off Mauritius wrapped up this week as salvors recovered final sections of ship debris that were lying up to 500 meters away from the site of the stern section.On July 25, 2020, the 300-meter Wakashio struck a reef near Pointe d'Esny off the Indian Ocean island's east coast, triggering an ecological disaster and prompting the Mauritian government to declare a state of emergency.
EcoClipper Purchases Its First Sail Cargo Vessel
A Dutch shipping company has purchased its first sailing cargo vessel as it woks toward building a fleet to offer emissions-free transport and travel at sea.Jorne Langelaan, CEO and founder of EcoClipper Coöperatie U.A, signed ownership documents for the Dutch Klipper De Tukker. The vessel will require a retrofit and will begin providing trade and passenger travel under sail on the North Sea in the first half of 2022.De Tukker was built in 1912 and worked for many years as a coastal trader.
Worker Medevaced from Bulk Carrier Off Louisiana
An ailing shore labor worker was medevaced off an Indian-flagged bulk carrier Thursday near Pointe a la Hache, La., the U.S. Coast Guard said.The Coast Guard said its watchstanders at Sector New Orleans received a call at approximately 10 a.m. stating a man on board Great Eastern's Kamsarmax bulker Jag Arnav was unresponsive due to unknown circumstances.A spokesperson for Great Eastern Shipmanagementā¦
Russia to Hold Major Navy Drills Involving All Its Fleets
Russia announced on Thursday its navy would stage a sweeping set of exercises involving all its fleets this month and next from the Pacific to the Atlantic, the latest show of strength in a surge of military activity during a standoff with the West.The drills will take place in the seas directly adjacent to Russia and also feature maneuvers in the Mediterranean, the North Sea, the Sea of Okhotsk, the northeast Atlantic Ocean and the Pacificā¦
US Allocates $14 Billion to Expand Ports, Shore Up Waterways
The Biden administration on Wednesday said it will fund $14 billion in projects to improve the country's ports and waterways in an effort to increase climate resilience, improve drinking water sources and bolster the U.S. supply chain.The funds, for fiscal year 2022, target more than 500 projects in 52 states and territories, including Florida's Everglades and the Port of Long Beach in California, the White House said in a statement."These key projects will strengthen the nationās supply chainā¦
Thordon Bearings Bags 24-Seal Order
Canadian manufacturer Thordon Bearings confirmed it has secured contracts to supply 24 TG100 propeller shaft seals to Drydocks World-Dubai and Abu Dhabi Shipbuilding and Repair yards for installation to six UAE Navy vessels. Each quad screw ship will operate a quartet of TG100 shaft seals.Rafid Qureshi, managing director of Dubai-based Ocean Power International (OPI), Thordonās authorized distributor in the regionā¦
