Stolt Tankers Adds Three Chemical Tankers
Stolt-Nielsen Limited announced on Friday that Stolt Tankers B.V. has entered into agreements to acquire three 33,600 dwt stainless steel chemical tankers built in Japan. The ships are expected to be delivered into Stolt Tankers’ fleet between July and September 2022.Stolt Tankers president, Lucas Vos, said, “This acquisition is an excellent opportunity for Stolt Tankers to secure competitively priced tonnage ahead of an expected cyclical upturn in the chemical tanker industry.
US Coast Guard Cutter Cuttyhunk Decommissioned
The U.S. Coast Guard Cutter Cuttyhunk (WPB 1322) was decommissioned Thursday during a ceremony held at Air Station Port Angeles that was presided over by Capt. Mark McDonnell, 13th Coast Guard District Chief of Response.Cuttyhunk was one of the Coast Guard's 37 remaining 110-foot Island-class patrol boats. The fleet of Island-class cutters is being replaced by 154-foot Sentinel-class cutters built by Louisiana-based Bollinger Shipyards.Built by Bollinger Shipyards in Lockport, La.
Contract Extension for DOF's 'Skandi Africa'
Norwegian subsea services DOF Subsea has won a contract extension for its Skandi Africa subsea construction vessel.The new commitment will now run until February…
Keppel O&M Wins FPSO Integration Work Worth $180.4M
Singapore's Keppel Offshore & Marine has, via its subsidiary Keppel Shipyard, secured contracts worth around S$250 million (~USD180,4 million) for the integration of two Floating Production Storage and Offloading vessels (FPSO).Keppel Offshore & Marine, which is set to merge with Sembcorp Marine, said Friday that the FPSO integration contracts were awarded by repeat customers, BW Offshore, and SBM…
Fincantieri's Sales Rise on Strong Shipbuilding Business Performance. CEO Set to Retire
Italy's Fincantieri said sales rose 18% from a year earlier in the first quarter to 1.7 billion euros ($1.8 billion) driven by a strong performance of its core shipbuilding business.The group is gearing up for the exit of chief executive Giuseppe Bono, who is set to retire after 20 years at the helm to be replaced by former Maire Tecnimont CEO Pierroberto Folgiero.Earnings before interest, taxes, depreciation…
Baltic Index Rises to Over 1-month High on Stronger Capesize, Panamax Rates
The Baltic Exchange's main sea freight index rose to an over one-month high on Thursday, boosted by higher rates for capesize and panamax segments.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, rose 159 points, or 6.4%, to 2,644 points, the highest since March 15.The capesize index rose 402 points, or 17.3%, to 2,721 points.Chinese iron ore and steel…
BOEM Environmental Review: No Significant Impact of Potential Offshore Wind Leasing in Area Off California
The U.S. Bureau of Ocean Energy Management (BOEM) said Thursday it had completed its environmental review of potential impacts from offshore wind energy leasing activities in the Humboldt Wind Energy Area, located 20 miles offshore northern California. Based on its analysis, BOEM has issued a finding of no significant impact (FONSI). “The completion of this Environmental Assessment represents an important…
U.S. Energy Department to Commit $2.25B to Carbon Storage Program
The U.S. Department of Energy intends to commit $2.25 billion for projects to store carbon dioxide underground and help fight climate change, it said on Thursday.The funding for carbon storage validation and testing over the next five years will come from the bipartisan infrastructure bill signed by President Joe Biden last year."The goal here is that at the end of the day, you do actually have commercially available facilities for storage…
Hornblower Gets Grant for Green Hydrogen Fueling Station
Hornblower Group on Thursday announced its subsidiary Hornblower Energy has received an $8 million grant from the U.S. Department of Energy (DOE) to design, construct and operate the first asset of its kind to produce green hydrogen through the use of hydroelectric power and dispense to ferry and maritime vessels in the United States. The first in the world of its kind, the three-year project officially began in 2021 in San Francisco with a projected completion date of 2025.
Krugh Named President of Bath Iron Works
General Dynamics appointed Gulfstream Aerospace executive Charles F. Krugh as president of General Dynamics Bath Iron Works.“Chuck’s leadership, proven track record in manufacturing and expertise in managing complex supply chains will be an enabler to Bath Iron Works as it expands and increases the pace of shipbuilding for the U.S. Navy,” said Robert E. Smith, executive vice president for Marine Systems.A U.S.
U.S. Union Workers to Build Ørsted's U.S. Offshore Wind Farms
North America’s Building Trades Unions (NABTU) and the offshore wind developer Ørsted on Thursday announced a Project Labor Agreement (PLA) to construct the company’s U.S. offshore wind farms with an American union workforce. A statement on the agreement released Thursday reads: "A first-of-its-kind in the United States, the National Offshore Wind Agreement (NOWA) sets the bar for working conditions and equity…
Hybrid-electric Tour Boat Enters Service in Svalbard
High-latitude tourism company Hurtigruten Svalbard has launched a first-of-its kind hybrid-electric excursion vessel in Longyearbyen, just 800 miles from the North Pole.The 14-meter vessel, Kvitbjørn, runs on a hybrid-electric propulsion system developed by Volvo Penta in partnership with Swedish boatbuilder Marell Boats and Hurtigruten Svalbard.The new 12-passenger aluminum vessel, which will take…
Hudong Zhonghua Orders GTT Tank Designs for Four LNG Carriers
France-based LNG carrier tank designer GTT has received an order from the Chinese shipyard Hudong Zhonghua (HZ) for the tank design of the first four LNG carriers for the Qatargas project on behalf of the ship-owner MOL.GTT will design the tanks of these four new LNG carriers with a total LNG tank capacity of 174,000 m3 per ship and will be fitted with the membrane containment system developed by GTT.The…
Höegh LNG Names New President & CEO
Oslo-listed LNG FSRU specialist Höegh LNG has appointed Erik Nyheim as the new President & CEO, effective from mid-August this year.Nyheim comes from the position as Partner of Boston Consulting Group's Norwegian office where he has successfully led their maritime practice since 2019. Prior to this, he worked for more than 15 years with the Wilhelmsen group. Nyheim holds a BSc Economics and Business…
Fiji Seizes Russian Oligarch Kerimov's $300M Yacht
Authorities in Fiji have seized a $300 million yacht of Russian oligarch Suleiman Kerimov at the request of the United States, the U.S. Justice Department said on Thursday…
TMC, Allseas Complete Initial Deepwater Trials of Polymetallic Nodule Collector Vehicle
The Metals Company (TMC) and Allseas have successfully completed the initial deep-water trials of the polymetallic nodule collector vehicle in the Atlantic Ocean, TMC said Thursday.To remind, back in March, The Metals Company (TMC), a company extracting battery metals from seafloor polymetallic nodules, said it had together with its strategic partner and shareholder, Allseas, completed the deployment…
PGS to Start Large Offshore Survey in Norwegian Sea Next Week
Norwegian seismic company PGS said Thursday it had secured solid industry pre-funding for a large MultiClient survey on the Northwest shelf of the Norwegian Sea. The Ramform Atlas vessel is currently mobilizing for the survey, with scheduled acquisition starting around May 10.President & CEO in PGS, Rune Olav Pedersen said:"This is the first large-scale MultiClient survey we are acquiring offshore Norway since 2020…
DB Schenker to Launch Un-Crewed Coastal Container Feeder in Norway
Supply chain management and logistics solutions firm DB Schenker plans to build a fully-electric, zero-emission, un-crewed coastal container feeder to serve the route between Ikornnes quay and the Port of Ålesund in Norway. DB Schenker, and its cooperation partners, the furniture giant Ekornes and vessel designers Naval Dynamics, in addition to KONGSBERG and Massterly, aim to replace the traditional…
Vigor Completes USS McCampbell Modification
Vigor reports it has completed the modernization of USS McCampbell (DDG 85) at Swan Island, sending the Arleigh Burke-class guided-missile destroyer on to its new homeport at Naval Station Everett, Wash. The 18-month, more than $155 million project was the largest ever completed by Vigor’s Ship Repair team, and the largest of its kind at Swan Island in nearly 30 years, the company said.“Our skilled workers at Swan Island were honored to support the U.S.
Survitec to Deliver Fire-fighting Systems for Spirit of Tasmania's New Eco Ferries
Survival Technology solutions provider Survitec has won a contract to supply advanced fire-fighting systems to a pair of 48,000grt LNG dual-fuelled eco ferries under construction at Finland’s Rauma Marine Constructions (RMC) for Australian shipowner Spirit of Tasmania."This is a major order from a returning customer,” said Michal Peruga, General Manager, Survitec, Poland. “This contract win demonstrates…
