Army Corps, Maryland DOT to Commence $4 Billion Chesapeake Bay Restoration Project
The U.S. Army Corps of Engineers (USACE), Baltimore District, and the Maryland Department of Transportation (MDOT) signed a Project Partnership Agreement (PPA) for the $4 billion Mid-Chesapeake Bay ecosystem restoration project at MDOT Headquarters, August 23, 2022.The PPA ā signed by Col. Estee Pinchasin, Baltimore District commander, and MDOT Secretary James F. Ports, Jr. ā outlines the roles, responsibilitiesā¦
Russian Billionaire Sues French Customs for Seizing His Yachts
A Russian billionaire is suing French authorities in an effort to win back access to two of his yachts, arguing customs officials did not have the right to immobilizeā¦
Shoei Kisen Kaisha ink deal for Fleetwide install of NavFleet
NAVTOR secured an agreement with Shoei Kisen Kaisha, Ltd., one of Japanās largest shipowners and managers, to deliver the NavFleet application across itsfleet of managed vessels. Shoei Kisen, a part of Imabari Shipbuilding, Japanās largest shipbuilder, will introduce NavFleet to the existing NAVTOR digital ecosystem onboard its bulk carriers and container ships. This integrated system includes the NavStation digital chart table software (with automated Passage Planning)ā¦
BV Sees Surge in Decommissioning Support Orders. Beats Its Full Year Target
Bureau Veritas Solutions Marine & Offshore, the marine and offshore technical advisory branch of Bureau Veritas, saw a surge in the decommissioning support field orders in the first six months of 2022.The company said that new decommissioning support deals in the UK, Brazil, South Africa, Australia, and New Zealand have led to BV Solutions M&O exceeding its full-year target by end-June ā a target setā¦
Shipbuilding: Kangnam Delivers 41-knot Korea Express Ferry
The 72m passenger ferry Korea Pride, designed by Incat Crowther and built by Kangnam Corporation in Busan, South Korea, was delivered to Korea Express Ferry.The ship that will operate from Incheon on the west coast of South Korea, and it is unique in that it is reportedly the first ship of its type to be built in South Korea, which remains the world's shipbuilding powerhouse for large oceangoing ships.From the outsetā¦
MOVE Plans Methanol-fueled RoRo Vessel
New Zealand based MOVE Logistics Group revealed its plans to order a new coastal roll-on, roll-off (RORO) vessel capable of running on methanol fuel.Earlier this year, MOVE secured $10 million in co-investment funds from transport agency Waka Kotahi to support coastal shipping initiatives that improve the competitiveness of domestic coastal shipping, reduce freight sector greenhouse gas emissions andā¦
Worldās First Methanol-powered Newcastlemax Bulker Gets ABS AIP
A design for the worldās first methanol-powered Newcastlemax bulk carrier has received approval in principle (AIP) from classification society ABS.Developed by CSSC Qingdao Beihai Shipbuilding CO., LTD and China Ship Design & Research Center Co., Ltd (CSDC), the dual-fuel, 210,000 dwt vessel is also equipped with the methanol tank capacity to fully meet endurance requirements on methanol fuel alone.āMethanolā¦
ABS Grants AIP for HHI's New Liquified CO2 Carrier Design
The next generation ultra large liquefied carbon dioxide (LCO2) carrier for Hyundai Heavy Industries Group (HHI) and Hyundai Glovis has received an approval in principle (AIP) at Gastech from ABS and the Republic of the Marshall Islands (RMI) Maritime Administrator.The 74,000 m3 design builds on the 40,000 m3 āsuper gapā technology developed in 2021 by HHI, Hyundai Glovis, G-Marine Service, and Korea Shipbuilding & Offshore Engineering Co., Ltd.
Biden Administration Reinstates Bids From 2021 Gulf of Mexico Oil Auction
The Biden administration on Wednesday said it had reinstated bids from a November 2021 Gulf of Mexico sale of offshore oil and gas drilling rights, a requirement buried in U.S. President Joe Bidenās new climate change and drug pricing law.The move comes after a federal judge in January vacated the saleās results, saying the administration had failed to properly account for the auctionās impact on global warming.The Inflation Reduction actā¦
Baltic Dry Index Rises on Gains Across Vessel Segments
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, extended gains on Wednesday, helped by an uptick across all vessel segments led by a jump in the larger capesize segment.The overall index, which factors in rates for capesize, panamax, and supramax shipping vessels, was up 187 points, or about 13.3%, its largest gain in over seven months, at 1,595.The capesize index gained 486 points, or about 45%, to hit its highest in over a month at 1,565.Av
OXE Marine Boosts Its US Presence
OXE Marine, manufacturer of the OXE Diesel outboard engine, announced it has expanded its global distributor and dealer network with the addition of eight new partners across North and South America.The company said it has signed on distributors and dealers of OXE Diesel: BCI Marine (Canada), ADR Power Systems (FL, GA), So Cal Maritime (CA), Stanley Parts (TX), Dalco Power (Puerto Rico), Nixon Power (TN)ā¦
Delaware Pilots Order New Launch from Gladding-Hearn
Somerset, Mass. shipbuilder Gladding-Hearn Shipbuilding, Duclos Corporation informs it has secured another pilot boat order from the Pilotsā Association of the Bay and River Delaware. The vessel will be the pilotsā associationās fourth Chesapeake Class launch and 11th pilot boat built by Gladding-Hearn since 1957. Delivery of the new pilot boat is scheduled for 2024.With a deep-V hull designed by Ray Hunt Designā¦
Future USNS Apalachicola (EPF-13) Completes Acceptance Trials
Austal Limited announced that the future USNS Apalachicola (EPF-13) has successfully completed acceptance trials for the U.S. Navy.Constructed at Austal USAās Mobile, Ala. shipyard, EPF-13 is the first Spearhead-class Expeditionary Fast Transport (EPF) ship with capabilities for V-22 Osprey flight operations and enhanced medical support. It is also the U.S. Navyās largest ship with the capability toā¦
German Coalition Divided Over Chinese Bid for Hamburg Port Terminal
Germany's ruling coalition is divided over whether to let China's Cosco take a stake in a Hamburg port terminal, government sources say, even as Beijing urges Berlin not to politicize the bid and the port authority warns this could hurt the economy.Shipping giant Cosco last year made a bid to take a 35% stake in one of three terminals in Germany's largest port in the northern city of Hamburg.The Germanā¦
Italy Must Increase LNG Capacity in 2023, Eni CEO Says
Italy must increase its liquefied natural gas (LNG) import capacity from next year, energy group Eni's chief executive said on Wednesday.Italy has already secured additional gas imports from Algeria and Norway to make up for a fall in supplies from Russia, but it needs additional LNG terminals to receive more fuel from several countries, Claudio Descalzi said at a business conference.Descalzi said the state-controlled groupā¦
Twin Brothers Appoints Theriot VP
Twin Brothers Marine (TB), which is in heavy steel fabrication for the oil & gas, infrastructure and renewables industries, appointed Wayne P. Theriot as vice president of finance.Theriot will be based in Louisiana and joins TB from TTMK Holdings, a family operated private equity company consisting of 17 separate companies in Louisiana and California, where he served as chief financial officer (CFO).
CEO in Focus: Allard Castelein, Port of Rotterdam
The Port of Rotterdam has blazed a path for ports globally in terms of automation, digitalization and decarbonization. As he enters the final year of his tenure, Allard Castelein, CEO, Port of Rotterdam, says there is still much work to do.While many global organizations are adept at ātalking the talkā, the Port of Rotterdam stands out as āwalking the walkā in regards to real investment and innovation in roboticsā¦
Gaslog LNG Inks Deal to Use KDI's Vessel Insight Fleetwide
Kongsberg Digital signed an agreement on the Vessel Insight infrastructure with Gaslog LNG, meaning the entire fleet, counting 35 vessels will be digitized.āOur goal is to limit the impact of our operations on the marine environment and minimize our emissions, while making LNG shipping reliable and profitable for our customers. We are glad to enter this contract and partnership with Kongsberg Digital to innovate and improve the efficiency of our fleetā¦
Digitalization: NAVTOR, Veracity by DNV Partner
NAVTOR signed an Integrated Partner agreement with Veracity by DNV, a deal intended to help shipowners and operators simplify reporting, enable sustainable shipping and unlock green finance.āOur ecosystem collects, aggregates and utilizes enormous amounts of business-critical data,ā said Bjørn Åge Hjøllo, Chief Sustainability Officer, NAVTOR. āThat is used to make shipping safer, simpler and more efficient ā automating tasksā¦
Bordelon Marine Secures Charter for Connor Bordelon Vessel
U.S.-based offshore vessel operator Bordelon Marine has secured a one-year charter with Subsea 7 i-Tech US Inc. for its Connor Bordelon ultra-light intervention vessel.The Jones Act-compliant vessel is mobilized with two Schilling 150 HD Work Class ROVs with high spec survey capabilities operated by Subsea 7. The vessel is configured to support Inspection, Repair & Maintenance (IRM) operations for clients operating in U.S.
