Dry Bulk: Vessel Demand Wanes
The Baltic Exchange's dry bulk sea freight index fell for the sixth consecutive session on Thursday to mark its worst day since mid-September, as rates slipped across all vessel segments.The overall index, which factors in rates for capesize, panamax, and supramax shipping vessels, fell 55 points, or about 3%, to 1,818.The capesize index fell 105 points, or about 4.8%, to 2,094.Average daily earnings for capesizes, which typically transport 150,000-tonne cargoes such as coal and steel making ing
Titan to Build World’s Largest Biomethane Liquefaction Plant
Titan has unveiled plans to build and operate a liquified biomethane plant in the Port of Amsterdam allowing supply to ships and trucks.The production project for 200,000 tonnes of LBM per year is said to be the world's largest.BioValue, one of the largest biogas suppliers in the Netherlands, has been contracted for the exclusive off-take of all on-site produced biogas, and Linde Engineering has signed…
Wilhelmsen to Buy Vopak Agencies
Wilhelmsen Port Services has entered into an agreement with Vopak to acquire 100% of maritime services provider Vopak Agencies and 50% of Diize. "Vopak Agencies and Diize are highly complementary and a perfect match for the global reach of Wilhelmsen Port Services’ maritime network of 2 200 ports," Wilhelmsen Port Services said.Wilhelmsen said that Vopak Agencies had a strong track record within both…
MariLight Project Aims to 'Clean Up' Maritime Manufacturing
Malin Marine Consultants were awarded support through the Clean Maritime Demonstration Competition (CMDC) for its MariLight project, a project that seeks to develop new processes for building marine components using Large Scale Additive Manufacturing (LSAM) technology.The project aims to provide the industry with a clear route to using LSAM for certified and approved component fabrication, moving from conventional…
Threat Against Major Gas Plant Resolved, Norwegian Police Say
Norwegian police on Thursday responded to a threat made by telephone against the Nyhamna gas processing plant, one of Europe's largest energy export facilities, and later said the incident had been resolved. The threat came amid heightened concerns about the security of oil and gas infrastructure following suspected sabotage of Russia's Nord Stream gas pipelines to Europe, though plant operator Gassco and offshore producers Shell and Equinor said output had not been interrupted.
NYK, MTI earn ClassNK Approval for CBM Ship Maintenance Method
NYK and MTI Co., Ltd. received approval from ClassNK for a new condition-based maintenance (CBM) method implemented on NYK-owned coal carrier Noshiro Maru. The certified CBM is a method for monitoring the condition of bearings of large marine diesel engines through temperature data, a method that was adopted in the "CBM Guidelines, Second Edition"4 issued by ClassNK in 2021.In addition, the Diesel Engine Main Bearing Condition Monitoring System…
Mitsubishi Shipbuilding Christens Training Ship Oshima Maru
Mitsubishi Shipbuilding Co. held a christening and launch ceremony for the Oshima Maru, a training ship built for National Institute of Technology (Kosen), Oshima College. The ceremony took place at the Enoura Plant at MHI’s Shimonoseki Shipyard & Machinery Works in Yamaguchi Prefecture.Delivery of the ship is scheduled for March 2023, following completion of interior work and sea trials. The new ship is designed to provide students with practical training in ocean navigation…
Great Lakes Announced $143.5 Million in Dredging Contracts
Great Lakes Dredge & Dock Corporation, the largest provider of dredging services in the United States, on Wednesday announced the receipt of several major dredging awards totaling $143.5 million with open options pending award of $102.9 million.The awarded work includes:South Atlantic Division Regional Harbor Dredging 2023 Project (Maintenance, Georgia, North Carolina and South Carolina, $26.6 million)Fire Island Inlet to Montauk Point…
Nautilus Labs Partners with OrbitMI
Nautilus Labs, the technology firm unlocking profitable decarbonization for the ocean supply chain, and OrbitMI, a global provider of maritime software and data products to accelerate digital transformation in maritime, announced their partnership to serve the industry with a comprehensive solution to manage data integrations, operational processes, and optimizations for improved commercial and environmental…
Corps Building Underwater Sill to Halt Saltwater Intrusion in Mississippi River
The U.S. Army Corps of Engineers, New Orleans District began construction of an underwater sill October 11, 2022, across the bed of the Mississippi River channel to prevent further upriver progression of salt water from the Gulf of Mexico.The Mississippi River’s volume of water has fallen to a level that allows salt water to intrude upstream. Saltwater from the Gulf of Mexico moves upriver in a wedge…
Propspeed Names Myers VP of Sales Americas
Underwater foul-release coatings company Propspeed announced it has hired Chris Myers as Vice President of Sales Americas. In his new position, Myers is tasked with directing Propspeed’s sales efforts across the Americas, as well as growing and supporting Propspeed’s network of partner boat yards, marinas, applicators and distributors.A marine industry insider for nearly two decades, Myers he has been professionally involved in all aspects of the field…
Commercial Fishing Vessel Strikes Anchored Boat in Florida
U.S. Coast Guard Sector Key West has issued a Captain of the Port order on a commercial fishing vessel involved in an allision with an anchored recreational vessel 2 miles northwest of the Seven Mile Bridge in Marathon, Fla.Based on witness statements collected by the Florida Fish and Wildlife Commission and Coast Guard boarding teams, the operator of the commercial vessel left the helm unattended…
Jan De Nul's New Water Injection Dredger Launched
Jan De Nul Group's new water injection dredger Cosette was launched on Wednesday at the Neptune Marine shipyard near Dordrecht in the NetherlandsThe newbuild, scheduled to be completed in this autumn, is a sister vessel to the Pancho, delivered earlier this year. The design of both vessels is based on an existing vessel design from the Neptune’s workboat portfolio. However for this vessel, Jan De Nul…
Havila Lines Up Contracts for Two PSVs
Norway-based Havila Shipping ASA said it has entered into contracts with Peterson Den Helder BV for two of its platform supply vessels (PSV), Havila Borg and Havila…
Congress, GAO Set Their Focus on Cargo Preference Fixes
On September 14, 2022, the House Transportation & Infrastructure Committee (T&I Committee), Subcommittee on Coast Guard and Maritime Transportation, held a hearing which indicated a potential revitalization, and new enforcement regime, of U.S.-flag requirements under the Cargo Preference Act of 1954 (the CPA). The hearing occurred on the heels of a Government Accountability Office’s (GAO) report regarding the Maritime Administration’s (MARAD) lack of COA enforcement…
Ethylene Carrier Completes Biofuel Trials
Japan's Marubeni Corporation announced it has conducted a trial voyage onboard one of its chartered ethylene carriers using a marine biofuel blend, from Vlissingen, the Netherlands to Morgan's Point, Texas, as the maritime industry continues to explore ways to decarbonize its operations."To the best of our knowledge, this is the first biofuel supply to an ethylene carrier in the world," the company said.
Vigor Launches MSV(L) Prototype for the US Army
U.S. shipbuilder Vigor launched the first in a series of modernized landing craft for the U.S. Army at its fabrication facility in Vancouver, Wash.The Maneuver Support Vessel (Light), or MSV(L), will replace the Landing Craft Mechanized-8, (LCM-8,) a Vietnam-era watercraft that is unable to transport some of today's equipment due to the weight of modern combat vehicles. Designed with increased payload capability…
Marine Travelift Delivers New Boat Lift to Stevens Towing
The recent delivery of a Marine Travelift 820CII (820 metric ton/1,804,000 lbs. capacity) Mobile Boat Hoist to the Stevens Towing Company, Inc. shipyard located on Yonges Island in South Carolina will transform marine services by alleviating overwhelmed dry dock schedules in the region.Founded in the late 1800s as Stevens Brothers with a single boat, Joseph Stanyarne Stevens and William Yates Stevens transported produce and supplies from Edisto Island to Charleston and many points in between.
Fincantieri Lines Up Greek Suppliers for Corvette Builds
Italian shipbuilding group Fincantieri announced on Wednesday that it has signed a number of memorandum of understanding (MoU) with a selection of potential new suppliers for the construction of four naval corvettes and the provision of Integrated Logistic Support (ILS) and In Service Support (ISS).The purpose of these MoUs, signed at the Italian Embassy in Athens, is to set the basis for defining possible business relationships for specific supplies…
Israel Fast-tracks Lebanese Maritime Deal but Lawmaker Review Looms
Top Israeli ministers on Wednesday endorsed a U.S.-brokered deal to delineate a maritime border with Lebanon, paving the way for a potentially fractious two-week parliamentary review before it goes into force.Prime Minister Yair Lapid's security cabinet said the deal should be "urgently" green-lit, according to a statement following the meeting.If finalized, the agreement - hailed on Tuesday by all…
