Russia Ramps Up Seaborne Urals Oil Exports to Asia ahead of EU Embargo
Russia ramped up seaborne Urals oil exports to Asia to 50% of the total over the Oct. 1-20 period ahead of a December EU embargo on the state's oil and products, according to traders and Refinitiv Eikon data.EU countries which have been primary consumers of Russian crude oil for decades will stop buying it from Dec. 5 due to the embargo imposed by the bloc.Bulgaria is the only state allowed to continue seaborne imports beyond the date…
Rauma Shipyard Lays Keep for Spirit of Tasmania IV
Finnish shipyard Rauma Marine Constructions held a keel laying ceremony of Spirit of Tasmania IV, a car and passenger ferry being built for the Tasmanian TT-Line Company.TT-Line, which operates between mainland Australia and Tasmania, has commissioned two identical Spirit of Tasmania vessels from RMC. The large-scale project is the biggest individual foreign sale between Australia and Finland.”Despite the Covid-19 pandemic and the war in Ukraine…
NOAA Sued Over Whale Injuries from Drift Gillnets off California
Environmentalists on Thursday sued the agency overseeing U.S. fisheries, claiming it had failed to protect endangered humpback whales from entanglement in drift gillnets - sprawling curtains of nylon mesh - used in commercial fishing off California.The lawsuit accuses the National Marine Fisheries Service of violating the Endangered Species Act by allowing drift gillnets without safeguards and failing to take into account the harm posed to whales already at risk of extinction.The suit…
Ingalls Awarded $2.4 Billion Deal to Build US Warship LHA 9
HII’s Ingalls Shipbuilding has been awarded a $2.4 billion U.S. Navy fixed-price-incentive contract for the detail design and construction of amphibious assault ship LHA 9. The award includes options, that if exercised, would bring the cumulative value of the contract to $3.2 billion. Ingalls was awarded the original long-lead-time material contract for the fourth ship in the America (LHA 6) class on April 30…
Baltic Dry Index Marks Worst Week in Three Months
The Baltic Exchange's dry bulk sea freight index on Friday marked its worst week since early August, primarily weighed down by weakness in the larger capesize and panamax vessel segments.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels carrying dry bulk commodities, fell 78 points, or about 4.8%, to 1,534.The main index fell 16% for the week, also marking a third consecutive weekly drop.The capesize index fell 78 points…
Bunker Suppliers Dan-Bunkering and Amoil Merge
Bunker fuel suppliers Dan-Bunkering and Amoil on Friday announced they will merge on January 1, 2023 under one combined brand, Dan-Bunkering.The move, which follows the recent merger between Dan-Bunkering and SABT in the spring of 2022, continues industry consolidation in the bunkering sector.Dan-Bunkering is headquartered in Denmark with 11 physical locations worldwide and employs more than 100 employees.
Partners Test Isotopic Tracer for Marine Biofuels
Biofuels provider GoodFuels announced the results of a new partnership with global certification organization Control Union and France’s IDS Group to test the effectiveness of a unique isotopic tracer for biofuels.A successful pilot, conducted during a recent delivery of 500 tonnes of biofuel to the Norden-owned tanker Nord Gardenia, has proven the effectiveness of the tracer technology in real-life applications.The partnership…
​Fleet Cleaner Demonstrates Remote Control of Hull Cleaning Services
Thunderbird 3 named as latest vessel in growing fleet as remote operating control center in Delft begins operations.As hull biofouling and its role in invasive species transfer and carbon emissions due to increased fuel use continue to attract the attention of the IMO and national regulators, Netherlands-based Fleet Cleaner has added to its armory with the introduction of a third specialist hull cleaning vessel.
Germany's Scholz Defends Chinese Port Sale, Stresses Need to Diversify Ties
German Chancellor Olaf Scholz on Thursday stressed the need for Europe to diversify its relations to ensure it is not dependent on any one nation, a day after he pushed through a decision to let a Chinese firm invest in a terminal at the country's largest port.Businesses must ensure that they have multiple supply chains to obtain their goods and that their investments are not concentrated on just one country, added Scholz in a joint news conference with Greek Prime Minister Kyriakos Mitsotakis i
Petraki Appointed President of WISTA International
WISTA International (Women's International Shipping and Trading Association) elected their new President, Elpi Petraki, from WISTA Hellas, at its Annual General Meeting on October 26, in Geneva, Switzerland. WISTA International consists of 56 National WISTA Association (NWA) and each one is represented by the President or a delegate at AGM and casts their vote for their country's choice for the President.Petraki…
DOT Announces $703M in Port Funding; 41 Projects in 22 States
U.S. Department of Transportation (DOT) announced more than $703 million to fund 41 projects in 22 states and one territory that designed to help improve port facilities through the Maritime Administration’s Port Infrastructure Development Program. Following is the full list of FY 2022 Port Infrastructure Development Grant Awards:ALASKANorth Extension Stabilization Step 1 Project ($68,700,000), Anchorage…
Offshore Wind: GC Rieber Shipping Orders Two Service Operation Vessels in Turkey
Norway-based GC Rieber Shipping has ordered two WindKeeper Service Operation Vessels for offshore wind operations from the Cemre shipyard in Turkey. The order includes options for two further vessels. The first vessel will be delivered in Q1 2025.According to GC Rieber Shipping, WindKeeper is an innovative Service Operation Vessel (SOV) based on Small Water Area Twin Hull (SWATH) methodology and design.The design offers improved operability…
World's First 8th Generation Drillship Starts Maiden Contract
Offshore drilling company Transocean said Thursday that its Deepwater Atlas, the world's first 8th generation drillship, had started its first contract.The offshore drilling rig, delivered by Singapore's Sembcorp Marine in June, is under a contract with Beacon Offshore Energy in the U.S. Gulf of Mexico.The Deepwater Atlas is the first of two ultra-deepwater drillships based on the Sembcorp Marine's Jurong Espadon 3T design.
