Infrastructure Improvements Set to Boost Efficiency at Lock and Dam 25
The list of projects on the United States’ inland waterways infrastructure to-do list is seemingly never-ending as the U.S. Army Corps of Engineers (USACE) continuously works to maintain, repair and, when possible, upgrade aging locks and dams throughout America’s vast network of navigable rivers.But there’s been progress toward modernizing the system, especially in recent years amid steadily rising annual appropriations that fund the Corps’ Civil Works mission…
St Johns Ship Building Expands Capacity for Additional CTV Builds
Americraft Marine Group announced it is investing in its Palatka, Fla. based shipyard, St Johns Ship Building, to increase capacity for construction of crew transfer vessels (CTVs) and other vessels to serve the growing U.S. offshore wind industry.In addition to previous commitments from Americraft to its subsidiary shipyard, St Johns Ship Building has also received the final approval of a MARAD grant…
Steering Loss Led to Towing Vessel Grounding -NTSB
An electrical generator set (genset) failure and subsequent loss of steering led to the grounding of a towing vessel near Greenville, Miss., the National Transportation Safety Board (NTSB) said Thursday.The towing vessel Marquette Warrior was pushing 35 loaded dry cargo barges down the Lower Mississippi River on Nov. 21, 2021, when several barges grounded on the riverbank. Four barges were damaged, including a hopper barge with bean cargo that partially sank.
SAFE Boats Delivers Survey Vessel for Maritime Autonomy Provider Mythos AI
Bremerton, Wash. shipbuilder SAFE Boats International announced a production partnership with West Palm Beach, Fla.-based autonomous maritime technology provider Mythos AI. SAFE Boats has delivered a purpose-built Porter 78S workboat to Mythos AI. The aluminum-hull, outboard-driven Porter 78S survey boat, built under an exclusive license agreement with Stormer Work Boats of the Netherlands, is specifically…
Inchcape CEO Frank Olsen Steps Down
Frank Olsen has stepped down as CEO of British multinational ports and marine management company Inchcape Shipping Services (ISS) effective November 30, 2022, the company announced on Friday.ISS said it has appointed a new CEO, Philippe Maezelle who joins December 1, 2022. Maezelle is an international business leader with strong executive transformation experience across the professional services industries.
Diana Shipping Announces Two Time Charter Deals
Shipowner Diana Shipping on Friday announced it has entered into a pair of time charter contracts for two of its owned bulk carrier vesselsWestern Bulk Carriers AS will charter the DSI Aquila $13…
Castor Maritime to Spin-off Its Tanker Fleet
Bulk carrier and tanker owner Castor Maritime this week announced plans to spin off its tanker fleet into a new subsidiary called Toro.Nasdaq-listed Castor, which…
All American Marine to Build Patrol Boat for Calif. Fish and Wildlife
Bellingham, Wash. shipbuilder All American Marine, Inc. (AAM) announced it has been awarded a contract to build an new 74’ patrol vessel for the California Department of Fish and Wildlife (CDFW).CDFW manages California's diverse fish, wildlife and plant resources, and the habitats upon which they depend, and its Law Enforcement Division protects California natural resources and provides public safety.
Baltic Dry Index Posts Weekly Fall
The Baltic Exchange's dry bulk sea freight index fell to a more than two-month low on Friday and posted a weekly decline as demand for capesize vessels dropped.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels carrying dry bulk commodities shed 39 points, or 3.2%, to 1,189, its lowest since Sept. 8.The main index dropped 12.3% for the week, its fifth weekly fall in six.The capesize index lost 66 points…
Fujairah Bunker Sales Slide 2% in October
Marine fuel sales at the United Arab Emirates' Fujairah, the world's third-largest bunkering hub, slid 2% month-on-month in October as demand slowed.Total sales volumes at Fujairah, excluding lubricants, were at 655,126 cubic metres (about 627,000 tonnes) in October, showed latest data from the Fujairah Oil Industry Zone published by industry information service S&P Global Commodity Insights.The decline was led by a fall in low-sulphur bunker fuel sales…
Britain Says Drone Circles Vessel in Gulf of Oman
Britain's maritime agency said a drone circled a ship in the Gulf of Oman on Friday, three days after an Iranian-made drone attacked a tanker in the region.The Maritime Trade Operations (UKMTO), which is part of the Royal Navy, said the incident took place about 50 miles southwest of Muscat. The vessel and crew were reported to be safe. It did not specify what kind of vessel was involved.The U.S.
Maersk Line Settles Sexual Assault Suit with Midshipman-X Hope Hicks
Maersk Line, Limited (MLL), a U.S. subsidiary of Danish shipping giant A.P. Moller - Maersk, has resolved a sexual assault and harassment suit filed by former U.S. Merchant Maritime Academy (USMMA) cadet Hope Hicks.Hicks shook the international maritime community in 2021 under the moniker "Midshipman-X" when she publicly described how she was raped by her superior officer while serving as an engine cadet aboard the Maersk cargo ship Alliance Fairfax in 2019.In June…
Seymour Sun, Grouse Sun Garner Green Ship Award
Delivered in January 2022 and April 2022 respectively from Hyundai Mipo Dockyard in South Korea, the Seymour Sun and Grouse Sun are owned by NYK Bulkship Asia Pte. Ltd., were recognized recently with the "Green Ship Award" at the Singapore Registry of Ships (SRS) Forum 2022 hosted by the Maritime and Port Authority of Singapore (MPA).Each ship measures 186 x 32 m, is 30,873 gt and flies the Singapore…
