Oil Leak Contained at Three US Gulf Platforms, Shell Says
Top U.S. Gulf of Mexico oil producer Shell said on Thursday it halted production at three U.S. Gulf of Mexico deepwater platforms after a leak shut two pipelines connecting the platforms, adding it expected pipeline service to resume on Friday.A failure at an onshore pipeline junction in Louisiana leaked about two barrels of oil, said Chett Chiasson, executive director of Greater Lafourche Port Commission.
Sembcorp Marine Cuts Losses as Easing COVID Curbs Aid Project Deliveries
Singapore's Sembcorp Marine Ltd (Sembmarine) said on Friday its half-year loss narrowed 78% from a year earlier, as the oil rig builder finished delayed projects after pandemic curbs were eased while also benefiting from cost management.The company said its overall order visibility has improved on the back of rising oil prices and renewed concerns about energy security amid geopolitical tensions.Sembmarine has been a loss-making business since it posted an annual loss in 2018, in an industry pla
US Coast Guard Selects Builder for Over the Horizon Cutter Boats
The U.S. Coast Guard announced it has selected Inventech Marine Solutions of Bremerton, Wash., to build the next generation of over the horizon (OTH V) cutter boats. The first delivery order for four OTH Vs was placed August 3 with a value of $1.973 million. These four OTH Vs will be used for operational test and evaluation before the program moves to full production. The 10-year contract supports…
Hapag-Lloyd More Than Trebles H1 Net Profit, Sees Economic Uncertainty
German container shipper Hapag-Lloyd on Thursday posted a net profit of 8.7 billion euros ($8.94 billion) for the first half of 2022, more than three times as much as a year earlier, but said war in Ukraine and the coronavirus crisis somewhat clouded its prospects.The company, the world's fifth-biggest container line, upheld forecasts made on July 28 for full year 2022 earnings before interest, tax, depreciation and amortization to range between 18.2 billion and 20.1 billion euros, and for earni
MN100 Application Deadline Extended
Each year, Marine News magazine profiles 100 of the top firms in the North American workboat sector.From passenger vessels to towboats, tugs and barges. From dredging and offshore energy to pilot, patrol, fire and police boats. OEMs, service providers, shipyards, owners/operators and the full gamut of marine-related businesses are eligible. But, only those who apply before August 24, 2022 will be considered for inclusion.Is your company one of the best?
Combi Carrier Koryu Set for Rotor Sail Install
BHP has partnered with Pan Pacific Copper (PPC), a member of JX Nippon Mining & Metals group, and Norsepower, provider of auxiliary wind propulsion systems, to reduce greenhouse gas (GHG) emissions from maritime transportation between BHP’s mines in Chile and PPC’s smelters in Japan. The parties are conducting a technical assessment and plan a retrofit installation of wind-assisted propulsion system onboard the M/V Koryu…
Diana Shipping Buys Sea Trade's Bulker Fleet for $330 Million
Greek shipowner Diana Shipping on Thursday announced it has acquired the bulk carrier fleet of U.S.-based Sea Trade Holdings in a $330 million cash and shares deal.The nine ultramax vessels…
Dales Marine Announces Hiring Push
Scottish ship repair, fabrication and engineering service provider Dales Marine Services on Thursday announced plans to grow its workforce to support its expansion.Mark Massie, HR Manager at Dales Marine, said, "We are pleased to be in a position to market new positions to Dales Marine Services. Attracting candidates for these positions will be invaluable as the company expands."The vacancies are located at its dry dock facilities in Aberdeen, Leith and Greenock.
Germany's RWE Widens Global Search for LNG Supplies
RWE is holding talks with a larger number of suppliers of liquefied natural gas (LNG), not just Qatar and North America, CEO Markus Krebber said, as Germany's largest power producer continues its efforts to replace Russian gas volumes.RWE earlier this year said it was in discussions with potential LNG suppliers in the United States and Qatar, as Germany tries to diversify away from Russia, its largest…
UN Expects 'Big Uptick' in Ships Wanting to Export Ukraine Grain
The United Nations expects a "big uptick" in ships wanting to export Ukraine grain through the Black Sea after transit procedures were agreed and a goal of 2-5 million tonnes a month is "achievable," a senior U.N. official said on Wednesday.Russia, Ukraine, Turkey and the United Nations agreed transit procedures on Monday for a deal struck in July to resume Ukraine Black Sea grain and fertilizer exports.
Global Container Fleet Growth to Outpace Demand - Hapag-Lloyd CEO
Global growth in container fleets through new orders and building activity will outstrip shipping demand from next year and ease current market tightness, the chief executive of Hapag-Lloyd said in an analyst call on Thursday.“Over the upcoming 24 months, we clearly see that supply growth will outpace demand growth,” said CEO Rolf Habben Jansen after presenting figures for the first half of 2022.Presentation slides he referred to predicted demand growth at 3% next year over 2022 and fleet growth
First Ukraine Grain Deal Ship Docks in Turkey After Lebanese Buyer Refused Delivery
The first grain ship to depart from Ukraine under a U.N.-brokered deal docked in Turkey on Thursday after 11 days at sea, Refinitiv data showed, and the ship's agent in Turkey said it would continue to Egypt after unloading part of its cargo.The Razoni set sail from Ukraine's Odesa port on Aug. 1 under a deal brokered by the United Nations and Turkey between Russia and Ukraine.
Osprey Group Names Massey Head of Heavy Lift Division
UK-based Osprey Group has appointed Simon Massey as the new Managing Director of its Heavy Lift division. Massey comes to the business with more than 35 years’ industry experience gained from a range of companies, most recently Sarens UK, Weldex and DeMag, where he earned a reputation and respect from clients and competitors, Osprey said.“This is something I’ve been building up to – leading a team of people who want to find new ways we can use heavy lift equipment…
Fuel Oil Stored in Ships Near Singapore to Rise on More Russian Supplies
The number of tankers used for storing fuel oil along the Singapore Strait has risen since the Ukraine war broke out and could rise further as more of Russia's supplies hit by sanctions head to Asia, industry sources and analysts said.A rise in floating storage supply along the strategic waterway is an indicator that more supplies are available to Asia, which will help ease tight markets. But, at the same time…
MacGregor to Supply All-electric RoRo Equipment to Four PCTC Vessels
MacGregor reports it has been selected to supply equipment for four new roll-on, roll-off (RoRo) pure car and truck carrier (PCTC) vessels to be built by the Guangzhou Shipyard International Co., Ltd for H-Line Shipping, Korea.The vessels are scheduled to be delivered to the owner starting in the second quarter of 2024 and are expected to be completed in the second quarter of 2025.MacGregor, part of Cargotec…
Bulk Carrier Crewmember Medevaced Near Galveston
An ailing crewmember was medevaced from a Marshall Islands-registered bulk carrier Wednesday off Galveston, Texas, the U.S. Coast Guard said.Coast Guard Sector Houston-Galveston command center watchstanders received a notification at 11 a.m. from a Sector Houston-Galveston boarding team aboard the 623-foot bulk carrier Beatrice anchored in the Galveston Anchorage, that the 44-year-old chief engineer stated he was experiencing shortness of breath.
Miros' WaveSystem for Subsea 7's Petrobras-bound Offshore Vessel Trio
Subsea 7 has awarded Miros Group agreements to install its internet of things (IoT) dry-sensor WaveSystem on three of its pipelay support vessels, ti deliver accurate wave measurements via Miros' cloud-based graphical user interface (GUI) Miros.app.As part of three 3-year contracts and project requirements for the monitoring of wave and current to a water depth of 10 meters, WaveSystem will be installed on Seven Waves…
Taiwan Says China's Threat Remains, Though Military Drills Ease
China's threat of force is undiminished, Taiwan President Tsai Ing-wen said on Thursday, even though Beijing's largest ever military drills around the island seemed to be scaling down.Furious about a visit to Chinese-claimed Taiwan last week by U.S. House of Representatives Speaker Nancy Pelosi, China launched ballistic missiles and deployed multiple aircraft and warships in recent days to simulate…
Johan Castberg FPSO Suffered Minor Damage in Fire, Equinor Says
Equinor's Johan Castberg floating production, storage, and offloading (FPSO) vessel suffered only minor damage during a fire on Wednesday, and the project's timeline will not be affected, a company spokesperson said on Thursday.The vessel is under construction at a shipyard in western Norway. Workers were evacuated during the fire, and there were no reports of injuries. "With the exception of a small area…
Eidesvik Offshore to Manage DEME's Viking Neptun Construction Vessel
Norwegian offshore vessel owner Eidesvik Offshore will manage the construction support vessel Viking Neptun it recently agreed to sell to DEME.The company has now signed a two-year ship management agreement with DEME under which Eidesvik will provide full technical management, crewing and operation of the vessel.Viking Neptun was built for Eidesvik in 2015.In January 2022, Eidesvik entered into a Memorandum of Agreement (“MoA”) with DEME to sell the vessel.
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