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.
Crowley, Humboldt Bay to Develop and Operate California Wind Terminal
Crowley signed an agreement on Thursday with the Port of Humboldt Bay to exclusively negotiate to be the developer and operator of a terminal to serve as California’s first hub for offshore wind energy installations. Through Crowley’s Wind Services group, the company will enter into negotiations with the port to lease and serve as the port’s developer of the Humboldt Bay Offshore Wind Heavy Lift Marine Terminal.
Canada's New Oil Spill Response Barges Launched
Two new oil spill response barges were recently completed at ASL Shipyard in Singapore for Western Canada Marine Response Corporation (WCMRC).The two 3,500 tonne barges, Sentinel 303 and Sentinel 304, will be delivered to WCMRC in October, with arrival in Canada by the end of 2022. The response barges will join WCMRC’s fleet of pollution response vessels stationed along the south coast of British Columbia.These…
Crowley Tugs to Use Shore Power at Port of Lake Charles
Crowley said its Ocean Class tugboats are now equipped to connect to shore power at the Port of Lake Charles in Louisiana.Shore power infrastructure from Entergy Services, Inc. will allow Crowley's vessels to connect to electricity when not in service instead of running on diesel-fueled generators.The result will be an estimated reduction of carbon dioxide emissions by more than 500 metric tons per year, Crowley said.The Jacksonville, Fla.
Svitzer Promotes Two Senior Leaders
Svitzer, the towage arm of Danish shipping giant A.P. Moller-Maersk, announced two senior leadership appointments: Kasper Karlsen as Global Chief Operating Officer and Deniz Kirdar True as Managing Director in the AMEA region.Karlsen has held different leadership positions in the A.P. Moller-Maersk group over the last 15 years and has been with Svitzer since 2020, holding the role of regional COO in…
Trinidad Designing LNG Hub to Feed the Caribbean
Trinidad and Tobago's state-owned gas company has started work on designing a small-scale liquefied natural gas (LNG) hub that could help the Caribbean move away from oil-based power generation, the firm told Reuters.Trinidad is Latin America's largest LNG exporter and the project, expected to be operational by 2025, will have a handling capacity of up to 500,000 tonnes a year, National Gas Company (NGC) said.
Software Flaw Led to of New York Ferry Grounding -NTSB
A software flaw combined with the captain’s failure to use back-up controls led to the grounding of a passenger ferry last year in New York City, the National Transportation Safety Board said Tuesday.The high-speed passenger ferry Commodore, owned and operated by Seastreak, was transiting northbound on the East River on June 5, 2021, when the catamaran lost primary steering and speed control to both of its port hull water jets and then grounded.
Philippine Legislator Proposes Law to Keep Chinese Boats in Check
A lawmaker in the Philippines has reintroduced legislation to prevent maritime and airspace encroachment by Chinese vessels, by restricting them to designated sea lanes and air routes and prescribing jail time for captains or vessel owners.The Philippines has complained repeatedly about Chinese activities in its 200 mile (322 km) exclusive economic zone (EEZ), including the sustained presence of hundreds of fishing boats it believes contain militia.
Starrett Appoints Wells Director of Ops
The L.S. Starrett Company, a manufacturer of precision measuring tools and gages, metrology systems and more, appointed Matthew Wells as Director of Operations and Continuous Improvement, responsible for Production, Planning, Production Control and Purchasing, Inventory Management, Warehouse and Shipping, Quality, Manufacturing Engineering, Facility, EHS, Maintenance and Continuous Improvement. Wells reports directly to Mr.
Floating on Bubbles: Carnival Corp expands use of Air Lubrication to cut Emissions
As the ship owners globally experiment with technologies to help incrementally cut emissions to meet stringent new IMO mandates, news out of south Florida indicates that Carnival Corporation, the world's largest cruise company, has made plans to expand the installation and use of Air Lubrication Systems (ALS) to a majority of the cruise line brands in its fleet through 2027; a move the cruise major…
Israel, Lebanon Finalize Maritime Demarcation Deal without Mutual Recognition
Israeli and Lebanese leaders finalised a U.S-brokered maritime demarcation on Thursday, bringing a measure of accommodation between the enemy states as they eye offshore energy exploration.Leaders from Lebanon, Israel and the United States have all hailed the deal as "historic" but the possibility of a wider diplomatic breakthrough remains slim. As a result, there was no joint signing ceremony: Lebanese…
High LNG Prices Spur Demand for Dual-fuel Tankers - Executive
Even as liquefied natural gas (LNG) is seen as a key transitionary fuel for bunkering, soaring prices of the super-chilled fuel have led to higher demand for ships with dual-fuel tankers, said an industry executive. The global shipping industry is seeking to reduce its reliance on oil as it tries to meet carbon emission reduction targets set out by the U.N.'s International Maritime Organization. These include cutting carbon emissions by 40% from 2008 levels by 2030…
