Fincantieri Marinette Marine Dedicates New Construction Facility
Leaders from Fincantieri Marinette Marine, the U.S. Navy, and Wisconsin-based Miron Construction dedicated a new facility at the Marinette shipyard with a small ceremony Mar. 8, 2022.Employees and guests gathered to open the newest building at the Marinette shipyard, Building 35, where giant plates of raw steel begin the journey to become a U.S. warship. The 32,000 sq. ft. building is connected to a new panel line where steel is prepared…
Neptune to Deliver Spreader Pontoon for Femern
The Netherlands-based Neptune Marine said it has been contracted to delivery a new spreader pontoon for Femern Link Contractors (FLC). Delivery is scheduled the second quarter of 2023.FLC, a joint venture in charge of the design and construction of a new immersed tunnel between Denmark and Germany, will use the vessel for the tunnel construction. Its main function will be back fulling of the tunnel elements with sand.
Beale Named VP of Human Resources & Trades at Newport News Shipbuilding
Global engineering and defense technologies provider Huntington Ingalls Industries (HII) announced that Xavier Beale has been appointed vice president of human resources and trades (HR&T) at the company’s Newport News Shipbuilding division, effective April 1. Beale succeeds Susan Jacobs, who was appointed vice president, human resources and administration at HII’s Ingalls Shipbuilding division.In this new role at Newport News…
Master Boat Builders Delivers LNG ATB Tug Polaris
Coden, Ala. shipbuilder Master Boat Builders, Inc. (MBB) announced it has delivered a new 4,000-hp tug to Polaris New Energy.Named Polaris, this tug will be coupled with the recently delivered barge Clean Canaveral, built by Sturgeon Bay, Wis. shipyard Fincantieri Bay Shipbuilding, forming the largest Jones Act compliant articulated tug barge (ATB) providing liquefied natural gas (LNG) bunker fuel…
US Sanctions on Russian Oil to Leave More Cargoes at Sea with No Buyers
The U.S. ban on Russian oil and gas imports is likely to leave more cargoes at sea with no buyers, and the European Union's decision to continue imports was unlikely to make much difference to disarray in Russian oil trade, analysts said on Tuesday.U.S. President Joe Biden on Tuesday imposed an immediate ban on Russian oil and other energy imports in retaliation for the invasion of Ukraine and Britain…
Baltic Dry Index Scales Near 3-month Peak
The Baltic Exchange's dry bulk sea freight index .BADI hit its highest in nearly three months on Wednesday, helped by a jump in rates across its vessel segments.The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, rose 206 points to 2,558 points, its highest since Dec. 15.The capesize index .BACI gained 386 points, or 20.4% to 2,282 points, its highest since Jan.
Newark Bay Maintenance Dredging Planned for August
U.S. Army Corps of Engineers’ New York District seeks a contractor for maintenance dredging of portions of the Newark Bay, New Jersey, Federal Navigation Project.Plans and specifications are expected to be available in April, bid opening in May and a contract award in July. The proposed work is anticipated to take place between August 2022 and March 2023. Estimated cost is between $25 million and $100 million.Check SAM.gov for details. Use Notice ID W912DS22B0010 to search.
High Powered Networking: AAPA Legislative Summit
If you’re interested in the inside track in the federal infrastructure world, check out the upcoming Legislative Summit being planned by AAPA – the American Association of Port Authorities, scheduled for March 29-31 at the Washington Marriott at Metro Center.A draft agenda is available and it’s a who’s who of heavy hitters, starting with DOT Secretary Pete Buttigieg, whose remarks precede a roundtable…
RMC Begins Building Spirit of Tasmania RoPax
Finnish shipbuilder Rauma Marine Constructions said it has started building the first of two new car and passenger ferries for Spirit of Tasmania (TT-Line Company). The construction of the Spirit of Tasmania IV, set to operate between mainland Australia and Tasmania, kicked off with a traditional steel cutting ceremony.“Although the actual construction of the first ferry started today, RMC and Spirit of Tasmania already have a long history.
Shackleton's Ship Endurance Found Beneath Antarctic Ice
The wreckage of polar explorer Ernest Shackleton’s ship Endurance, which was crushed by Antarctic ice and sank some 10,000 feet (3,000 m) to the ocean floor more than a century ago, has been found, a team searching for it said on Wednesday.The three-masted sailing ship was lost in November 1915 during Shackleton’s failed attempt to make the first land crossing of Antarctica.Previous attempts to locate the 144-foot-long wooden wreck…
Missouri River Projects Being Developed
The U.S. Army Corps of Engineers published a “sources sought” notice on March 2. As it implies, “sources sought” is an effort by the Corps to get a big picture of companies available to undertake certain projects. A top concern is to ensure adequate competition among the potential pool of contractors. This is upfront work. The replies then influence the type of solicitation issued in the future. The Corps explicitly states that a “sources sought” notice is “NOT a Request for Proposal (RFP)…
ZIM Announces Record Financial Year in 2021
Net Income of $4.65 Billion, Adjusted EBITDA of $6.60 billion, and Adjusted EBIT of $5.82 billionAs the containershipping industry enjoys its greatest boom of a generation, ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) announced its consolidated results for the three and 12 months ended December 31, 2021.Net income for the fourth quarter was $1.71 billion (compared to $366 million in the fourth quarter of 2020)…
Barring Russian Ships from Rotterdam Port 'Not on Table' for now, Dutch PM Says
Dutch Prime Minister Mark Rutte said that barring Russian ships from the port of Rotterdam was "not on the table" for now, since any such move would have to be decided at a European level.Rutte made the comments to reporters, while on a visit to Paris, where he will meet French President Emmanuel Macron.Oil prices rose towards $130 a barrel on Wednesday, supported by concern of a potential supply shock…
'World's Largest OSV Fleet': Tidewater to Buy Swire Pacific Offshore
U.S.-based offshore support vessel owner Tidewater said Wednesday it had agreed to acquire Swire Pacific Offshore Holdings Limited (SPO), a subsidiary of Swire Pacific Limited for around $190 million. Tidewater said the transaction would create the industry’s largest fleet of offshore support vessels with 203 vessels in total, including crew boats, tug boats and maintenance vessels. "SPO’s fleet of 50 OSVs consists of 29 AHTS vessels and 21 PSVs…
Wärtsilä's Engines and Electrical Solutions for Australian RoRo Newbuild
Finland-based marine engine maker Wärtsilä said Tuesday it would deliver main and auxiliary engines, fuel storage tanks, gas handling equipment and electrical systems for a new RoRo being built for Australian operator SeaRoad Shipping.The 210 meter-long vessel is being built at the Flensburger Schiffbau-Gesellschaft (FSG) shipyard in Germany. The RoRo vessel will operate primarily on LNG fuel.The vessel…