Rovco Charters VOS Star
ROV services firm Rovco has chartered the VOS Star vessel from owners to support the delivery of its offshore wind farm projects. The 68m long DP2 multi-purpose support vessel will support Rovco’s increasing number of secured offshore wind campaigns throughout 2022, including the provision of hydrographic survey solutions on operational offshore wind farms in UK and Dutch waters.On the vessel, Rovco will mobilize a dedicated and experienced offshore team…
Baltic Dry Index Drops for Third Week
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for a third straight week on Friday, as rates across vessel segments dropped.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, was down six points, or about 0.3%, at 2,067 points, posting a weekly fall of 6.6%The capesize index gained 65 points, or nearly 3%, at 2,270 points.Capesize rates shed about 4.7% for the week, posting their third consecu
Ships Get Older and Slower as Emissions Rules Bite
If shipping is the beating heart of global trade, its pulse is about to get slower. Faced with uncertainty about which fuels to use in the long term to cut greenhouse gas emissions, many shipping firms are sticking with aging fleets, but older vessels may soon have to start sailing slower to comply with new environmental rules.From next year, the International Maritime Organization (IMO) requires all…
C-Job Naval Architects to Design First Fully-electric Ro-Pax Ferry in Greece
Greek ferry operator Saronic Ferries has partnered with the ship design company C-Job Naval Architects, to develop the design of the first fully-electric Ro-Pax ferry in Greece.Saronic Ferries, the largest ferry operator for the Saronic islands, plans to operate a purely emissions-free fleet by 2040 to all destinations.C-Job delivered an initial design to Saronic Ferries following an extensive sustainable…
Ukraine Summons Turkish Ambassador After Russian Ship Leaves Port
Ukraine's foreign ministry said on Thursday a Russian ship carrying Ukrainian grain had been allowed to leave the Turkish port of Karasu, calling it an "unacceptable situation and summoning Turkey's a
Golden Ocean Orders Three Kamsarmax Newbuilds, Sells Two Ultramaxes
Dry bulk shipowner Golden Ocean Group on Friday announced it has entered into agreements for the construction of three bulk carrier newbuilds, as well as for the…
Grant Awarded for Zero-emissions Inland Shipping Research
The Dutch Research Council (NWO) has awarded a research grant to a consortium aiming to contribute to the transition to emissions-free inland waterway shipping.The PATH2ZERO (PAving THe way towards Zero-Emission and RObust inland shipping) project, led by Alex Kirichek, will see researchers, companies and social organizations start developing sustainable business models and action perspectives for partners in the inland navigation chain…
First Modern US-built Laker Begins Sea Trials
The Interlake Steamship Company said its new vessel, the Mark W. Barker, departed from Sturgeon Bay, Wis. shipyard Fincantieri Bay Shipbuilding last week for the first stage of underway testing.The 639-foot-long vessel is the first new Great Lakes bulk carrier to be built in the U.S. in nearly four decades.The builders trial marks the first time the ship has sailed under its own power. Personnel from…
World's Biggest Containership, Ever Alot, to fly the Panama Ship Registry Flag
The Panama Ship Registry has added Ever Alot to its fleet, touted as the world’s biggest container ship and the first to break the 24,004 TEU mark. Panama has 18 of the world’s 20 largest container ships in terms of TEUs.The vessel is mammoth at 400 x 61.5 m, launched at the end of June and surpassing the Ever Ace as the world's largest container ship. Like the other vessels, Ever Act, Ever Aim and Ever Alp…
Multraship Supplies Emergency Tugs to Netherlands Coastguard
Dutch towage and salvage provider Multraship said it has won the tender to supply two Emergency Rescue & Towing Vessels (ERTV) to the Netherlands Coastguard for monitoring shipping safety in the southern section of the North Sea.The contract for the deployment of the vessels came into effect on July 1, 2022 and it will be for 4.5 years, with options for extensions. Multraship Commander (formerly ALP Ace) will be stationed at the Borssele wind farm.
Cheniere Asks Biden Admin to Drop Pollution Rule
Cheniere Energy Inc has asked the Biden administration to exempt it from limits on emissions of cancer-causing pollutants, arguing they would force the top U.S. exporter of liquefied natural gas to shut for an extended period and endanger the country's efforts to ramp up supplies to Europe, according to documents reviewed by Reuters.The request imposes an uncomfortable dilemma on President Joe Biden’s…
FLEET and Marubeni Form New Ship Management Company
Ship management company Fleet Management Limited (FLEET), part of the Caravel Group, said it has launched a new integrated ship management unit – MaruFleet Management Pte Ltd – in Singapore in collaboration with MMSL Pte. Ltd. (MMSL), a Singapore subsidiary of Marubeni Corporation. MaruFleet will provide dedicated ship management services to MMSL. Kishore Rajvanshy, FLEET Managing Director, said the…
Klein Appointed Chairman, CEO of ZF Friedrichshafen
Dr. Holger Klein, Member of the Board of Management responsible for the Asia-Pacific region, Car Chassis Technology Division, Aftermarket and Production, will succeed Wolf-Henning Scheider as Chairman and CEO of ZF Friedrichshafen AG at the end of 2022.At the same time, Dr. Peter Laier will join the Board of Management to lead the Commercial Vehicle Solutions (CVS) and Industrial Technology divisions succeeding Wilhelm Rehm. ZF Chief Financial Officer Dr.
Strong LNG Demand to Keep Freight Rates Firm in 2022, Beyond
Tanker rates to ship liquefied natural gas (LNG) are expected to remain firm as market players try to secure cargoes for winter demand amid soaring LNG prices and tight global supply, industry sources said on Friday.The global LNG market has recently tightened further after the war in Ukraine and a major outage at major U.S. facility Freeport LNG curtailed U.S. LNG supply, pushing players to secure…
Bulk Carrier Aids Rescue of Injured Solo Sailor
A bulk carrier assisted in the rescue of an injured mariner sailing solo off the coast of Australia.After receiving a distress beacon from a 10-meter yacht with a 70-year-old solo crew member located 167 kilometers east of Double Island Point, Qld., the Australian Maritime Safety Authority (AMSA) diverted the Malta-flagged merchant vessel Skiathos to the yacht's location.The 229-meter-long Skiathos…
ClassNK Updates Guidelines for Ships Using Alternative Fuels
Classification society ClassNK informs it has released the "Guidelines for Ships Using Alternative Fuels (Edtion 2.0)," which sets forth safety requirements for ships fueled by methanol, ethanol, liquefied petroleum gas (LPG) and ammonia. In particular, specific requirements for ammonia-fueled ships have been added to provide guidance for the design of alternative-fueled ships.The guidelines describe safety requirements for methanol, ethanol and ammonia-fueled ships.
Maersk Quits ICS Board Over Climate Concerns
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Korean Partners Developing Autonomous Navigation Systems
Korean Register (KR) has signed a Memorandum of Understanding (MOU) with ship management company KLCSM and shipbuilder Samsung Heavy Industries (SHI) to jointly research and approve the application of autonomous navigation systems for mid- to large-sized vessels.The agreement, which was signed on June 23 at this year’s Korea Ocean Expo in Incheon, Korea, aims to accelerate the commercialization and…
Eidesvik Offshore Bags 3-year Deal for Platform Supply Vessel
Norwegian oil and gas company Aker BP has awarded offshore shipowner Eidesvik Offshore a three-year contract for the platform supply vessel Viking Prince.The contract for the 89,6 meters long Viking Prince will begin after the completion of the vessel’s ongoing contract with Equinor. Financial details were not disclosed. The Viking Prince was built in 2012 and has a deck area of around 1 050 m². Gitte Gard Talmo…
Asia Spot LNG Prices Rise on Uncertainty over Nord Stream, Japan Supplies
Asian spot liquefied natural gas (LNG) prices jumped this week on fears of possible Russian supply disruptions to Japan and on rising demand due to a heatwave and concerns over the return of the Nord Stream pipeline after its planned 10-day maintenance.The average LNG price for August delivery into north-east Asia was estimated at $41 per million British thermal units (mmBtu), up $2, or 5.1%, from the previous week…
