Russian Oil Cap Doubts Spur Fears of Ships Stranded at Sea
Oil-laden tankers risk being left languishing at sea if insurers do not urgently get clarity on an unfinished G7 and European Union plan to cap the price of Russian crude, two senior industry executives told Reuters.The Group of Seven (G7), which includes the United States, Britain, Germany and France, agreed in September to enforce a low price on sales of Russian oil.U.S. officials said the move, which is due to start on December 5…
Oil Rig Worker Medevaced in the Gulf of Mexico
An ailing worker was medevaced from a Gulf of Mexico oil rig, about 14 miles south of Dauphin Island, Ala., the U.S. Coast Guard said.The Coast Guard said its watchstanders at Sector Mobile received a call at 6:30 p.m. Wednesday from an oil rig requesting a medevac for a 58-year-old male who was suffering from chest pain.The watchstanders coordinated the launch of a Coast Guard Station Dauphin Island…
Yemen's Houthis Increase Pressure with Oil Port Attacks
Yemen's Houthi group is piling on pressure to extract economic gains in U.N.-led talks for an extended truce deal with attacks on oil ports in government-held areas, which officials say have disrupted crude exports, choking state revenues.Yemen's foreign ministry said in a statement that the Houthis launched a drone attack on the southern Qena port in Shabwa on Wednesday. The group's military spokesman…
UK's Liverpool Port Workers Agree Pay Deal and End Strike
Around 600 workers at Liverpool port, one of Britain's busiest ports, will end strike action after agreeing a pay deal with employer Peel Ports, the Unite union said on Thursday.Unite said workers had voted "overwhelmingly in favor" of pay rises worth 14.3%-18.5% negotiated earlier this week, ending a wave of strike action that began on Sept.
US Coast Guard Cutter William Chadwick Commissioned
U.S. Coast Guard Cutter William Chadwick (WPC-1150) was commissioned Thursday at Coast Guard Base Boston, as the first of six Fast Response Cutters to be stationed in the city.Admiral Steven Poulin, Vice Commandant of the Coast Guard, and Rear Adm. John Mauger, commander, 1st Coast Guard District, oversaw the ceremony, as Lt. Cmdr. Tyler Kelley assumed command of the 154-foot cutter and its crew. Under Kelly’s command…
Detyens Scores $21 Million MSC Oiler Overhaul Job
North Charleston, S.C. ship repair yard Detyens Shipyards has been awarded a $21,007,304 contract for a 91-calendar day shipyard availability for the regular overhaul/dry-docking availability of Military Sealift Command's (MSC) fleet replenishment oiler USNS Kanawha (T-AO 196).The firm-fixed-price contract includes a base period and four options which, if exercised would bring the cumulative value of this contract to $22,090,004.
Recruiting Gen Z in the Marine Industry
Who is Gen Z?Generation Z, according to the Pew Research Center, are the people born between 1996 and 2012. Gen Z is vastly different from previous generations. Some of the issues that have affected their perspective on life are COVID-19, the Great Recession and school shootings. They believe that stability is difficult to achieve and that worry and anxiety are at the center of their lives. They don’t…
US Inland Waterways: Looking for Rainmakers
As 2022 moves into its final months, low water levels and drought form the basis of the news impacting inland waterways operators and barge companies. In the first week of October, numerous barges were reported grounded in the Mississippi River, particularly south of Baton Rouge. This has consequences: barge rates jumped 218% in St. Louis, compared to 2021.Low water was so severe that on October 7…
Mayflower Wind Names Slingsby CEO
U.S. offshore wind developer Mayflower Wind announced Francis Slingsby has assumed the role of chief executive officer, succeeding Michael Brown who will join the company's board of directors.“I am delighted to join Mayflower Wind as we continue to accelerate the transformation to a cleaner energy future,” said Slingsby, who brings over a decade of experience in commercial and business development in the U.S. offshore wind energy sector.
Diana Shipping Takes Delivery of Secondhand Ultramax Bulker
Dry bulk shipowner Diana Shipping Inc. announced on Thursday that it has taken delivery of one of nine secondhand Ultramax bulk carriers that agreed to purchase in August 2022.The vessel…
Chris Hughey Named FMC General Counsel
U.S. federal Maritime Commission Chairman Daniel B. Maffei announced Phillip C. “Chris” Hughey has been hired as the General Counsel of the Federal Maritime Commission and appointed to be a member of the Senior Executive Service.In his capacity as General Counsel to the Commission, Hughey will provide legal advice and recommendations to the Chairman and Commissioners on regulatory and policy matters.
Performance Shipping Takes Delivery of Secondhand LR2 Tanker
Greek shipowner Performance Shipping Inc. announced it has taken delivery of its first LR2 Aframax oil product tanker, a 2010-built 105,304 dwt vessel it purchased…
Snam Confirms 2022 Guidance, aims to boost Italy's Gas Storage & Transport Facilities
Italian gas grid operator Snam confirmed on Thursday its guidance for full-year net profit after reporting a rise of 10% in nine-month revenue to 2.4 billion euros ($2.41 billion).
Furetank and Algoma Order Four More Ships for FureBear JV
Swedish Furetank and Canadian Algoma Central Corporation expand the FureBear joint venture to include eight climate-friendly, dual-fuel product tankers to trade in Northern Europe.The 50/50 owned joint venture was announced in August and is now extended with four additional 17,999 DWT tankers, bringing the total investment to eight vessels.Like the initial four vessel order, the additional four ships will be constructed at China Merchants Jinling Shipyard in Yangzhou, China.
Viasat, Cobham Satcom announce Collaboration
Viasat and Cobham Satcom announced the companies are collaborating on a new, advanced satellite connectivity solution for the maritime and energy industries in preparation for the launch of Viasat’s next generation satellite constellation, ViaSat-3.The connectivity system, which will include a portfolio of groundbreaking antenna systems from Cobham Satcom, is being designed to deliver advanced, high…
Marubeni Taps 'Suction Sails' for Bulk Carrier
MMSL PTE. LTD., a wholly owned subsidiary of Marubeni Corporation based in Singapore signed an agreement with bound4blue to install four suction sails on the Crimson Kingdom, making it the first wind-assisted vessel owned by Marubeni. According to the preliminary studies, the 229-m Panamax bulk carrier will be retrofitted in 2023/24 with four 26-m eSAILs, expected to be the largest suction sails ever built and installed on a vessel.
Steiner Shipyard to Build New Vessel for Maine State Ferry Service
Bayou la Batre, Ala. shipbuilder Steiner Shipyard has been selected by the Maine Department of Transportation for the construction of the Matinicus Island Replacement Ferry for the Maine State Ferry Service (MSFS).The 104-foot passenger/vehicle ferry is designed by Gilbert Associates. Once completed, the ferry will provide the Rockland-based ferry service with a brand-new vessel capable of servicing the MSFS’s longest route to Matinicus Island (23 miles).
Can Ukraine's Grain Deal Ease the Global Food Crisis?
A deal to free-up vital grain exports from Ukraine expires on Nov. 19, and intense negotiations over the next few days will determine whether it is extended and possibly even expanded to help ease concerns about global food security.The agreement, reached in July, created a protected sea transit corridor and was designed to alleviate global food shortages by allowing exports to resume from three ports in Ukraine…
Port of Aberdeen Gets UK Gov't Funding to Accelerate Net Zero Drive
The UK Government has granted Port of Aberdeen more than £200,000 in funding to accelerate the port’s drive to Net Zero by 2040.The ‘Port Zero’ feasibility study, which is part of the Clean Maritime Demonstration Competition Round 2 (CMDC2), will analyse future port power demands, assess low carbon energy sources for equipment (e.g., cranes, tugs, pilot boats) and quayside infrastructure, and develop…
Sanctioned Oil Tanker Young Yong Heads to Nipah after Stranding in Indonesia
U.S.-sanctioned oil supertanker Young Yong is being towed to an anchorage area in Nipah, Indonesia, after the stranded tanker was successfully refloated, Commander…
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