UK Sanctions Gazprombank, Alfa Bank and Sovcomflot
Britain froze the assets of Russia's Gazprombank and Alfa Bank, and the state-run shipping firm Sovcomflot FLOT.MM, in its latest round of sanctions announced on Thursday.They were among 59 individuals and entities added to the sanctions list which has been used to target Moscow since Russia invaded Ukraine.Gazprombank is one of main channels for payments for Russian oil and gas.Alfa-Bank is one of Russia's top private lenders…
Xeneta Appoints Finbow, Irvine to Exec Team
Xeneta, a leader in ocean and air freight rate benchmarking, market analytics platform and container shipping index, announced the appointment of two new sales executives. Scott Irvine joins Xeneta as VP of Freight Forwarding and Laura Finbow will serve as Director of Sales Enablement. Scott Irvine has worked in the logistics industry for over two decades holding senior leadership roles across both shippers and freight forwarders.
Most Containership Spot Rates Tower Above Long Term Contracts - Xeneta
The Far East to South American East Coast trade is the only front haul trade where the long term is lower than the average spot rate among Xeneta's top 13 trades. Long-term rates on this trade are still below their October highs, but they have been steadily rising since 2022. As of 15 March, long term contracts from the past three months were $800 per FEU above the spot market, at $10,400. In comparison…
Austal Delivers First Evolved Cape-class Patrol Boat to Australian Navy
Australian shipbuilding group Austal announced it has delivered the first of six Evolved Cape-class Patrol Boats (ECCPB’s) to the Royal Australian Navy.The 58-meter aluminum monohull patrol boat, ADV Cape Otway, is the first of six to be delivered to the Royal Australian Navy under a A$324 million contract awarded to Austal Australia in May 2020. With greater capability than the benchmark Cape-class Patrol Boats…
St. Lawrence Seaway Kicks Off 2022 Navigation Season
The St. Lawrence Seaway kicked off its 2022 navigation season on Tuesday, with international freighters able to arrive at the Montreal – Lake Ontario section of the binational St. Lawrence Seaway.“We’re thrilled to start the 2022 navigation season,” said Craig Middlebrook, Deputy Administrator of the Great Lakes St. Lawrence Seaway Development Corporation. “This year we’re confident that the St. Lawrence…
Food Supplies Running Low on Foreign Ships Stuck in Ukraine
Food and medical supplies onboard over 100 foreign flagged ships stuck in Ukraine due to the conflict are running low, with little progress on creating a maritime corridor to allow them to sail away, industry officials said on Wednesday.London's marine insurance market has widened the area of waters it considers high risk in the region as the conflict intensifies and perils to merchant shipping grow.The…
Shipowners Wary of Moving Russian Oil
Foreign ship owners are becoming increasingly wary of moving cargoes of Russian oil due to the conflict in Ukraine and the impact of Western sanctions on Moscow, the head of leading private Greek shipping group Angelicoussis said on Wednesday.U.S. President Joe Biden has imposed a ban on Russian oil and other energy imports following Moscow's invasion of Ukraine and there is growing uncertainty over potentially tougher restrictions across Europe.Maria Angelicoussis…
Schottel, Lyon Shipyard in U.S. Offshore Wind Push
Schottel said Wednesday it had reached an agreement with Norfolk-based Lyon Shipyard that positions both companies for the expansion of the U.S. offshore wind industry. The maritime propulsion specialist said the agreement was established based on the two companies' shared long-term strategy to support both the existing market and the up-and-coming offshore wind farm industry."U.S. wind farm operations will need a large fleet of Jones Act-qualified service operation vessels (SOVs)…
Danos Wraps Coastal Restoration Work for Shell in Louisiana
In late 2021, Danos completed four coastal restoration projects in south Louisiana on behalf of Shell Pipeline Company. The work will provide shoreline protection through a combination of customized 3D printed modules, nicknamed “Cajun Coral,” and advanced satellite image monitoring with partner Natrx, Inc. The project designs and installation procedures were tailored to local site conditions in order…
'Significant Funds' Awarded for Missouri River Repairs
The U.S. Army Corps of Engineers Kansas City District said it received significant funds to make repairs to river training structures on the Missouri River damaged over the years culminating in the floods of 2019."I’m pleased to share that there is positive movement on Missouri River repairs to training structures. The District anticipates receiving over $270 million within the District footprint alone,” said Col.
Army Corps Making Plans for Fort Langley-Eustis Construction
The U.S. Army Corps’ Norfolk District seeks contractors for the 3rd Port Improvements Project at Ft. Eustis, Va. Total award could be between $10 million and $25 million. The Corps will use responses from companies to “determine an acquisition strategy.” Go to SAM.gov and use ID W9123622B2017 to search. Responses are due March 28.As envisioned now, this would be a firm-fixed-price contract for the construction of improvements at 3rd Port, JBLE–Eustis (Joint Base Langley-Eustis, in Newport News).
US Coast Guard Preparing to Order Long Range Cutters
On March 2 the U.S. Coast Guard updated a pre-solicitation notice, originally from November 2021, regarding purchase of 15 Long Range interceptor cutter boats. These will become the 3rd generation cutters for the expanded National Security Cutter fleet. (Search SAM.gov, use ID 70Z02322R93250001.)The important change updates publication of the Request for Proposal (RFP). That document was expected in January or February. Now, the expected release is April or May 2022.
Foss to Develop Offshore Wind Terminal in New Bedford
The Port of New Bedford in Massachusetts will add another base of operations and terminal logistics facility to support offshore wind projects off the northeastern coast seaboard.Foss is partnering with key local investors of New Bedford’s Cannon Street Holdings LLC (CSH) to develop the 30-acre site, currently home to the decommissioned Cannon Street Power Station in the city’s central waterfront.
WRDA 3rd Hearing: Members Promote Home Projects
The House Transportation and Infrastructure Committee, Water Resources and Environment Subcommittee, held a third Water Resources and Development Act (WRDA) hearing on March 16, providing a chance for Representatives to seek local project funding.Committee Chairman Peter DeFazio (OR-4), in opening remarks, noted large recent spending increases for water projects, e.g., the new infrastructure bill and harbor trust fund policy changes in WRDA 2020.
UK PM Johnson Says It Looks Like P&O Broke the Law
British Prime Minister Boris Johnson said on Wednesday he believed that P&O Ferries had broken the law by sacking 800 staff with immediate effect via video message and that the government would take legal action.P&O, which is owned by Dubai ports firm DP World, said last week it had lost 100 million pounds ($131 million) in the last year and that without changes its business was not sustainable."It looks to me ...
Fortescue Future Industries Buys PSV from MMA Offshore for Green Ammonia Conversion
Australian offshore vessel owner MMA Offshore has completed the sale of the vessel “MMA Leveque” to a subsidiary of Fortescue Future Industries (“FFI”) for US$7.75M.FFI plans to convert the 74.87 meters long platform supply vessel to dual fuel with the objective of operating almost totally on green ammonia.
Russia Warns of Sharp Caspian Pipeline Oil Export Drop After Storm
Russian and Kazakhstan oil exports via the Caspian Pipeline Consortium (CPC) from the Black Sea may fall by up to 1 million barrels per day (bpd), or 1% of global oil production, due to storm-damaged berths, a Russian official said on Tuesday.Pavel Sorokin, a deputy energy minister, said the second berth could also turn out to be damaged after initial information about one of the three being damaged by a storm.Sorokin said the maintenance could take up to two months…
Maritime Comms Specialist Inmarsat Attracts First Offshore Wind Client
Mobile satellite communications provider Inmarsat has reached an integrated connectivity agreement with Norwind Offshore, a Norwegian offshore wind vessel owner established in 2021.The agreement covers connectivity and digitalization needs for three Service Operation Vessels (SOV) operated by Norwind.The contract includes an existing Platform Supply Vessel undergoing retrofit to become an SOV, with delivery due in May 2022, and a letter of intent covering two newbuilds.
Tech File: Marlink CyberGuard Earns Innovation Endorsement from ClassNK
As the cyber threat continues to grow, so too do the solutions to thwart them. Marlink received the Innovation Endorsement certificate from Japanese class society ClassNK for its CyberGuard Threat Detection service.The ClassNK Products & Solutions Innovation Endorsement is designed to certify that products and solutions using advanced digital technologies perform as stated by the supplier. Marlink…
Training Tips for Ships #33: Excellent Training is Never an Accident
The principles of continuous improvement are well known in the arenas of quality and management. Yet very few training centers and operators apply these simple principles to the management of their training programs. Being deliberate and thoughtful about training quality requires very little effort, yet is one of the most impactful activities that can be undertaken. Even a modest program can result in a higher degree of employee professionalism…
