Baglietto Navy Partners with MST Group
Baglietto Navy, the military division of the historic shipyard based in La Spezia, announce it has formed a commercial partnership with MST Group, a company with headquarters in Bromborough (UK), specializing in the design and construction of military naval units up to 32m in length. The agreement was secured amid the active collaboration of METCO METALS, in the person of Giuseppe Censabella, MST Groupāsā¦
Severe Weather Led to Fatal Seacor Power Capsizing
Severe winds during a thunderstorm led to a loss of stability and ultimately the capsizing of the liftboat Seacor Power, the National Transportation Safety Board (NTSB) said Tuesday during a public board meeting. Of the 19 people aboard the vessel, six died and seven are missing, presumed dead. Six people were rescued by the U.S. Coast Guard and other vessels. The Seacor Power, valued at $25 millionā¦
Eastern Cuts Steel for Fourth USCG Offshore Patrol Cutter
Eastern Shipbuilding Group, Inc. (ESG) commenced construction of U.S. Coast Guard Cutter (USCGC) Rush (WMSM-918), the fourth hull of the Heritage Class Offshore Patrol Cutter (OPC) program. The occasion was observed by leaders of the U.S. Coast Guard Project Resident Office at ESGās Allanton Shipyard where the first steel plates were cut by ESG personnel in the builderās 103,000-square-foot steel andā¦
Himalaya Shipping Secures Time Charters for Four More Ships
Himalaya Shipping on Monday announced it has entered into time charter agreements for four dry bulk vessels with Koch Shipping Pte Ltd.The bulk carrier newbuilds will commence a 24-month time charter with an evergreen structure upon delivery from China's New Times Shipyard in the second and third quarter of 2023, with certain options to roll two charters to 2024.Himalaya Shipping said the vessels will earn an index linked rateā¦
Transnet Agrees Wage Deal with Majority Labor Union
South African state-owned logistics firm Transnet said on Monday it had agreed a three-year wage deal with the union representing the majority of its workers, ending a two-week strike that had hit commodities exports and piled up millions in losses."Transnet and the company's majority union United Transport and Allied Trade Union (UNTU) reached a three-year wage agreement today," it said in a statementā¦
Shipping Woes to Squeeze China's Soybean Stocks, Hit Feed Output
China's soybean stocks are set to tighten further as delays in shipments from the United States deepen shortages of key animal feed ingredient soymeal, keeping prices at record highs.Ships carrying up to three million tonnes of U.S. soybeans which were scheduled to arrive this month and in November are likely to get delayed by about 15 to 20 days, two soybean traders told Reuters.While U.S. cargo delays are likely to weigh on benchmark Chicago soybean futuresā¦
Hungary's New Container Terminal Aims to Boost Ukrainian Grains Shipments
Europe's largest land-based container terminal started operating near Hungary's border with Ukraine on Tuesday, aiming to increase shipments of Ukrainian grains via Hungary to Adriatic ports.The East-West Gate terminal, built at a cost of about 40 billion forints ($95.65 million), allows containers to be transferred between wide and standard gauge rail tracks as well as between trains and trucks.It "will have a huge role in shipping Ukrainian grainsā¦
Cruise Industry Making Headway Toward Net Zero
The global cruise industry continues to make progress as it works to achieve its goal of net-zero carbon cruising by 2050, though the need for development and deployment of sustainable marine fuels remains.The 2022 Global Cruise Industry Environmental Technologies and Practices Report from trade group Cruise Lines International Association (CLIA) reveals an increasing number of vessels launching overā¦
Finnlines Adds Two New RoPax Vessels Between Sweden and Finland
Finnlines will make major investments in its route between Sweden and mainland Finland via Åland during 2023 as the freight and passenger shipping company continues to bounce back from the pandemic slowdown.The company announced on Tuesday that it is introducing two new Superstar cargo-passenger vessels as part of general plans for increasing passenger comfort on the KapellskärāLångnäsāNaantali routeā¦
50-meter Section Missing from Damaged Nord Stream Pipeline
Damage to the Nord Stream gas pipeline from Russia to Europe was caused by powerful explosions, Danish police said on Tuesday, echoing earlier findings into leaks that erupted in the network under the Baltic Sea and that have been blamed on sabotage.In what a Swedish newspaper described as the first publicly released footage of damage to the system, film from a private drone appeared to show a gaping rupture in one pipe.
US Offshore Wind Growing on Sturdy Foundations
Once again, the events of the last month have shown that the drive to grow the U.S. offshore wind segment has lost little steam. The foundations are firmly in place to support the deployment of 30 gigawatts (GW) of offshore wind by 2030 and 110 GW by 2050.Floating wind farm technology demonstration projects are being developed for both Atlantic and Pacific coasts as a precursor to large-scale floating wind farm projects being constructed towards the end of the decade and beyond.
U.S. to Launch Floating Wind Rights Sale off California Coast in December
President Joe Biden's administration on Tuesday said it would hold the first-ever sale of offshore wind development rights off the coast of California on Dec. 6, a big step forward in expanding the nascent U.S. industry to Pacific waters.The announcement is the latest in a government push to put wind turbines along U.S. coastlines, creating a new domestic jobs engine that is also designed to help wean the nation off fossil fuels and combat climate change.The saleā¦
AAM to Build Research Vessel for the University of HawaiŹ»i at MÄnoa
All American Marine (AAM) on Tuesday revealed it has been awarded a contract to build a research vessel for the University of HawaiŹ»i at MÄnoa and the University of HawaiŹ»i Foundation (UHF), on the behalf of the Hawaiāi Institute of Marine Biology (HIMB). This research vessel, with construction already underway in AAMās facility on Bellingham Bay, is a 68.5ā x 25ā semi-displacement aluminum catamaran hull that was developed by Nic de Waal of Teknicraft Design in Auckland, New Zealand.
Solstad Offshore's Subsea Construction Vessels Win Renewable Energy Assignments
Solstad Offshore, a Norwegian company that owns and operates offshore support vessels, has won a contract for the subsea construction vessel Normand Baltic and a contract extension for the subsea construction vessel Normand Navigator.The contracts are for renewable energy projects in North Europe and Asia, with extension options available upon the expiration.The Normand Baltic contract will cover the majority of Q4-22 and Q1-2023ā¦
Gallery: Itapu Oil Field FPSO Leaves Shipyard (Brazil)
Estaleiro Jurong Aracruz (EJA), a Brazilian subsidiary of Singapore's Sembcorp Marine, has completed the construction of the P-71 FPSO, integrating topsides on the China-built hull.The new FPSO vessel left the EJA shipyard on Tuesday. It will be deployed at Petrobras' ultra-deepwater Itapu field in Brazilās Santos Basin. When operational, the P-71 will produce up to 150,000 barrels of oil per day (BOPD).The P-71 measures 316m by 54m and can store 1.6 million barrels.
Shipping Delays to Tighten China's Soybean Stocks, Hit Feed Output
China's soybean stocks are set to tighten further as delays in shipments from the United States deepen shortages of key animal feed ingredient soymeal, keeping prices at record highs. Ships carrying up to three million tonnes of U.S. soybeans which were scheduled to arrive this month and in November are likely to get delayed by about 15 to 20 days, two soybean traders told Reuters. While U.S. cargo delays are likely to weigh on benchmark Chicago soybean futuresā¦
