Runaway Barge Near Corpus Christi
A barge has gone adrift and ran aground near the Packery Channel in Corpus Christi, Texas on Thursday.The U.S. Coast Guard said it received a call at 7:45 a.m. from a driver on Texas State Highway 361 stating they saw an adrift barge floating in the Packery Channel between the boat ramp and the jetties. The barge was loaded with rocks and drifting outbound.The Coast Guard notified Callan Marine, the company contracted to repair the jetty using the barge…
Foreign Tanker Delivers US Fuel to Puerto Rico Following Jones Act Waiver
A ship carrying a cargo of diesel fuel initially barred from hurricane-hit Puerto Rico anchored at the island's Guayanilla port on Friday to unload under a Biden administration waiver…
Vigor Wins $131 Million Navy Ship Repair Deal
Portland, Ore. based shipbuilding and repair company Vigor Marine has been awarded a $131,151,747 firm-fixed-price contract action to accomplish the USS John Paul Jones (DDG 53) 2C1 dry-docking selected restricted availability (DSRA).The contract includes options which, if exercised, would bring the cumulative value of this contract to $131,826,808.Work will be performed in Seattle (77%) and Everett, Wash.
Maersk CEO Expects Holiday Volumes to Be Less than Usual
A.P. Moller-Maersk's chief executive said on Thursday he expects a "modest" pick-up in trade for the upcoming holidays this year amid concerns about the slowing global economy and consumer demand."Volumes headed into the Christmas season are lower than a normal year," Soren Skou said in a Reuters Newsmaker interview.Ocean freight volumes will be flat or lower this year, though there is still congestion in global supply chains, he said. U.S.
Drone Activity Observed Near Total Offshore Installation in North Sea
TotalEnergies said on Thursday it had observed "unauthorized drone activity" near one of its offshore oil and gas installations in the North Sea.Denmark, has like other countries in the region, raised
Philly Shipyard Lays Keel for Second NSMV
Philly Shipyard held a keel laying ceremony on Thursday for the second vessel in a series of new purpose built, state-of-the-art training ships for America’s state maritime academies.The newbuild, to be named Patriot State, is the second of five new National Security Multi-Mission Vessels (NSMV) being built under a program for the U.S. Department of Transportation Maritime Administration (MARAD), which owns and operates training ships for the nation's state maritime academies.
Australia Rules Out Curbs on LNG Exports after Producer Deal
Australia will not put curbs on gas exports after reaching a deal with its three east coast producers of liquefied natural gas (LNG) to avert a forecast supply crunch, Resources Minister Madeleine King said on Thursday.The government threatened the export curbs in August, worrying Asian buyers and LNG investors, following a warning by the competition watchdog that the east coast market faced a shortfall…
Wind-powered Cargo Capacity Surpasses One Million DWT
The latest installations of wind propulsion technology on large commercial vessels have tipped the amount of cargo that can be transported on vessels that make use of wind as a renewable energy source over the one million tonnes of deadweight (DWT) milestone.The timing of wind-powered ship propulsion passing this pivotal milestone comes in the same week that the industry celebrates World Maritime Day and its theme "New Technologies for Greener Shipping".In recent years…
Spear Power Systems Promotes Kostos
Spear Power Systems, a U.S.-based manufacturer of lithium-ion energy storage systems, announced it has promoted Ryan Kostos to Applications Engineering Manager.Kostos will lead a team of applications engineers and product managers to drive Spear's roadmap, shape its products, and build on Spear's information exchange with customers and partners.Kostos returns to the U.S. after spending two years forming the nucleus of the Spear BV team in Brussels.
AMP President Slams Jones Act Waiver
The president of a U.S. maritime trade group has slammed a decision by the Biden administration to approve a temporary Jones Act waiver for vessels shipping oil and other essential commodities to Puerto Rico in the wake of hurricane Fiona.“Granting of this waiver rewards calculated and predatory behavior that undermines a dedicated American supply chain for Puerto Rico, and it is a harmful precedent that invites similar cynical stunts by foreign oil traders…
Maersk Training, NaMICPA to Set Up GWO Training Center in Nagasaki
Maersk Training and Nagasaki Marine Industry Cluster Promotion Association (NaMICPA) have signed a consultancy agreement, in which Maersk Training provides support to NaMICPA, establishing a training center in Nagasaki, Japan. The preparations for the training center in Nagasaki are funded by the Nippon Foundation. The collaboration is the next step in securing NaMICPA as the region’s leader in Basic…
NAT Sells 19-year-old Suezmax Tanker
Nordic American Tankers (NAT) announced it has sold a 2003-built suezmax tanker for $21 million net. The buyer is a major international energy company, NAT said…
Container Rates: Slide Begins as Long-term Shipping Rates Fall -Xeneta
Long-term contracted rates fell by 1.1% in September, marking the first drop since January and one of only three declines in the past 21 months, recent data from the Xeneta Shipping Index (XSI) reveals. However, analysts at Oslo-based Xeneta, which aggregates data from leading global shippers and freight forwarders, expect “it won’t be the last”, with market fundamentals suggesting the “halcyon days”…
Rain Lifts Rhine Water Levels, Helps Cool Off Cargo Rates
Water levels on the river Rhine in Germany have risen sharply after rain this week, approaching normal levels and helping cool off cargo shipping rates, vessel brokers and commodity traders said on Thursday.Prices for cargo shipping are falling as vessels are able to load more freight, they said.Spot prices for a liquid tanker barge from Rotterdam to Karlsruhe south of Kaub were at about 55 euros a tonne on Thursday…
CBO Taps Wärtsilä for Offshore Vessel Fleet Decarbonization
Finland-based marine enginer maker and maritime technology provider Wärtsilä and Brazil-based offshore vessel owner Companhia Brasileira de Offshore (CBO) have signed an agreement for decarbonisation modelling. The objective is to support and accelerate CBO´s journey towards decarbonised operations for its fleet of offshore support vessels, which is one of the largest in its segment in Brazil, Wärtsilä…
PTT, AET Pen MoU to Build Zero-emission Aframaxes
Thai national energy company PTT and tanker operator AET have signed a Memorandum of Understanding (MOU) for the development and construction of two zero-emission Aframaxes to be powered by green ammonia.Jointly, PTT and AET working to encourage the use of green ammonia as a main propulsion fuel. AET will select a suitable shipyard and the two zero-emission dual-fuel tankers are to be delivered to PTT for long-term charters in Q4 2025 and Q1 2026 respectively.Disathat Panyarachun…
Subsea 7 Charters Otto Candies, Bordelon Marine Vessels for GOM Ops
Subsea 7 has signed four long-term vessel charter agreements in the Gulf of Mexico with Otto Candies and Bordelon Marine to boost offshore construction, inspection, maintenance, and repair (IRM), ROV survey, and pipe/umbilical laying support activities. in the Gulf of Mexico. Grant Candies, Wyatt Candies, and Ross Candies are IRM, survey, and light construction vessels under charter with Otto Candies LLC. The Connor Bordelon is a multipurpose supply vessel under charter with Bordelon Marine LLC.
Solstad Offshore Wraps Transition of All Fleet Connectivity to Marlink
Maritime satellite communications company Marlink said Thursday that it had secured overall responsibility for the provision of hybrid network connectivity to the Norwegian offshore vessel owner Solstad Offshore. In January 2020, Solstad Offshore renewed its connectivity contract with Marlink, committing 65 offshore vessels to Marlink’s high-throughput Ku-band VSAT service. The remaining 25 ships will now be migrated to Marlink’s smart hybrid network…
Hurricane Ian Shuts 157,706 BPD of Oil Output in U.S. Gulf of Mexico
About 157,706 barrels, or 9%, of oil production in the U.S. Gulf of Mexico were shut on Wednesday by Hurricane Ian, said offshore regulator Bureau of Safety and Environmental Enforcement.Hurricane Ian was lashing Florida's Gulf Coast with powerful winds and drenching rain, but the Category 5 storm steered clear of the Gulf's richest oil production areas. A total of 16 oil and gas production platforms were evacuated by Ian on Wednesday…
