Black Sea Grain Deal Talks Bring Little Progress
Talks on extending a July deal that resumed Ukraine Black Sea grain and fertilizer exports are not making much progress because Russian concerns are not being taken into proper account, Russia’s U.N. ambassador in Geneva said on Thursday.Senior United Nations officials are negotiating with Russia to extend and expand the July 22 deal that could expire next month if an agreement is not reached.“I wouldn’t say that much has been achieved as a result of the latest consultations.
Dry Winter Forecast Spells More Trouble for Shallow Mississippi River
Low water levels on the Mississippi River are likely to persist this winter as drier-than-normal weather is expected across the southern United States and Gulf Coast, U.S. government forecasters said on Thursday.Drought, which currently spans 59% of the country, is expected to continue or worsen in the middle and lower Mississippi River valley as well as in much of the West and the Great Plains, the…
Pearlson Inks Shiplift Deal in South Korea
HL D&I Halla (Halla) and Pearlson Shiplift Corp. (PSC) signed a new multimillion-dollar contract for the design and build of a Shiplift System in South Korea. Upon completion, the shiplift system will support the Korean Coast Guard in the West Sea of Korea.The new shiplift system will be approximately 70 x 14m, capable of handling a variety of vessels in the Korean Coast Guard’s fleet.“We are pleased…
Crowley Names Atkinson VP of Sustainability
Crowley has promoted Meaghan Atkinson to be Vice President of Sustainability. In her new role, Atkinson will lead Crowley’s sustainability journey, and drive action to decarbonize across the company’s operations and value chain to reach net-zero emissions by 2050. As vice president, she will lead the company’s efforts to build partnerships across its industries and value chain to fulfill Crowley’s sustainability commitments.In her prior role as Director of Sustainability and Regulatory Affairs…
Royal Caribbean Unveils World's Largest Cruise Ship Icon of the Seas
Royal Caribbean has unveiled new design details for what is set to be the world's largest cruise ship, Icon of the Seas.The 250,800 GT vessel, the first in Royal Caribbean's new Icon-class, is being built by Finnish shipbuilder Meyer Turku, who began construction in June. First announced in 2016, the mega cruise ship is scheduled for delivery in October or November 2023.The 1,198-foot-long Icon of…
Reefers Riding Out Spot Rate Storm Better Than Dry Containers -Xeneta
Reefer spot rates are proving more resilient than dry container prices on exports from North Europe, with slow declines as opposed to dramatic drops. According to the latest market analysis from Oslo-based Xeneta, all main trades from the region have experienced falls over the past three months. However, unlike the dry market, the routes are still commanding higher rates than this point last year,…
Venezuela Gives US Two Months to Request 'Fat Leonard' Extradition
Venezuela's top court has ruled to give the U.S. government 60 days to request the extradition of fugitive Malaysian businessman Leonard Glenn Francis, also known by his alias "Fat Leonard," who is implicated in a U.S. Navy bribery case.The supreme court ruling was issued last week but only made public on Wednesday by a reporter with official media.Francis was arrested on Sept. 21 at Caracas' main airport as he prepared to leave for Russia. The U.S.
Third Multi-fuel Car Carrier Delivered to UECC
Norwegian shipping line UECC announced it has taken delivery of its third and final newbuild multi-fuel liquefied natural gas (LNG) battery hybrid pure car and truck carrier (PCTC) as the company works toward meeting new requirements for low-emission ship operations with the green transformation of its fleet.The latest newbuild, to be named Auto Aspire, was delivered on October 20 at China’s Jiangnan…
VIDEO: Hull of Van Oord's New Cable Layer Launched in Romania
VARD shipyard in Romania launched the hull of the new Van Oord cable layer Calypso earlier this week.Vard Tulcea in Romania is making final preparations before the hull will be towed to Vard Brattvaag. At Vard Brattvaag, the shipbuilder will continue outfitting the vessel, topside equipment installation, commissioning and trials in collaboration with Van Oord and sub-contractors before handing it over to the owner…
On Board Orders Boutique Cruise Vessel
Australian naval architecture firm Incat Crowther said it has been commissioned to design and deliver a new boutique liveaboard cruise vessel for Tasmanian luxury wilderness expedition cruise operator On Board. The 24-meter vessel, named Odalisque III, is currently being built by Richardson Devine Marine in Hobart and is scheduled for delivery in early 2023.Designed to provide guests with a luxurious wilderness escape in the pristine south-west Tasmanian wilderness…
Israel Shipyards Debuts SAAR Class Corvette
Israel Shipyards (ISL) unveiled a new corvette- SAAR S-80. The S80 vessel is based on ISL's S-72 platform, from which several designs have been evolved, including the Israeli Navy Light Patrol Corvette– the RESHEF Class an advanced multi-roll vessel.The new generation of the S-80 class features greater versatility and higher payload capacity, with increased weapon suite capacity and wider spread of…
TotalEnergies Charters LNG Carrier from Japan's Mitsui O.S.K. Lines
Japan's Mitsui O.S.K. Lines (MOL) said Thursday it had signed a multi-year contract to charter a newbuild LNG Carrier with TotalEnergies Gas & Power Limited, a subsidiary of the French oil major TotalEnergies.According to MOL, the vessel currently being built by Daewoo Shipbuilding & Marine Engineering is fitted with the most modern ME-GA engine, which provides lower emissions compared to previous…
DNV, JIP Partners Enter Phase 2 To Develop Best Practices For Safe Offshore Wind Installation
DNV and its partners on Thursday confirmed the completion of Phase 1 of a joint industry project (JIP) on Bottom Impact and Partially Submerged Conditions, which has resulted in a new framework for optimizing the installation process of offshore wind turbines. "New partners are encouraged to join Phase 2, which will focus on validating models and establishing common best-practice guidelines to the benefit of the entire industry…
Freeport LNG Plant to Require Full US Approval Before Partial Restart
The second-largest U.S. liquefied natural gas export plant, idled for five months by a fire, must receive full approvals before a planned November restart can begin, regulator Pipeline Hazardous Materials and Safety Administration (PHMSA) said on Wednesday.Full approval adds to the hurdles for restarting Freeport LNG, one of the earliest and biggest U.S. export facilities. The closely-held company…
