WRDA 2022 Heads to Biden's Desk for Signature
The Water Resources Development Act (WRDA) of 2022 on Thursday passed in the Senate by a vote of 83-11. It was included as part of the FY23 National Defense Authorization Act (NDAA). The bill, which passed in the House of Representatives on December 8, now heads to the President for his signature into law.WRDA 2022, which remains on a biennial schedule in Congress, authorizes 33 Chief’s Reports and…
Baltic Dry Index Logs Best Week in 12
The Baltic Exchange's dry bulk sea freight index rose on Friday and posted its biggest weekly percentage gain since late-September, buoyed by strong demand for capesize vessels.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels carrying dry bulk commodities, rose 32 points, or about 2.1%, at 1,560, its highest since Oct. 27.The main index gained 12.6% for the week, its biggest weekly gain since Sept.
APL England Fittings in Poor Condition Prior to Containers Loss off Sydney
Fixed container securing arrangements on containership APL England were in poor state of repair and corroded prior to loss of dozens containers in heavy seas off Sydney, an Australian Transport Safety Bureau (ATSB) investigation found.The Singapore-flagged containership was making way down the east coast of Australia on May 24, 2020 when, in adverse weather, it underwent a series of heavy rolls that resulted in the loss of 50 containers overboard…
Silversea Cruises Names Barbara Muckermann President & CEO
Barbara Muckermann, currently chief commercial officer at Silversea Cruises, will become the company’s next president and CEO, and will join parent company Royal Caribbean Group’s executive committee, effective January 1.Muckermann will succeed Roberto Martinoli, who will assume the role of senior advisor to Royal Caribbean Group president and CEO Jason Liberty.She becomes the second woman to lead one of Royal Caribbean Group’s three wholly-owned brands…
Maersk Lines Up More Green Methanol Fuel Supply in the US
Danish shipping giant A.P. Moller - Maersk announced it is partnering with U.S.-based SunGas Renewables to secure a supply of green methanol to fuel its next generation of cleaner burning containerships.Under a recently signed letter of intent (LOI), SunGas Renewables, a spin-out of GTI Energy, will produce green methanol from multiple facilities that it will develop in the U.S. from which Maersk intends to offtake methanol.
Höegh LNG in Talks to Supply More Regasification Vessels to Europe
Norway's Höegh LNG is in talks to supply more of its floating storage and regasification units (FSRUs) to several European countries seeking alternatives to Russian gas, its CEO said.The sharp drop in piped Russian gas exports to Europe in the wake of the Ukraine war has resulted in a dash for FSRUs to allow diversification with liquefied natural gas (LNG) imports.Höegh LNG has already committed five vessels, half of its FSRU fleet, to European projects, and combined they will provide 25-35 bill
Huisman's 3,000mt+ Crane for Havfram's Offshore Wind Vessel
Dutch offshore crane maker Huisman has won a contract to supply a 3,000mt+ Leg Encircling Crane (LEC) to be installed on Havfram's first Wind Turbine Installation Vessel. This is Huisman's thirteenth LEC order since the start of 2021, and and second this week, after announcing a similar deal to supply a crane for Cadeler's offshore wind vessel.For Havfram, Huiisman will supply the full electric LEC which will be equiopped with a "unique" 155 meter boom.
Captain Medevaced from Car Carrier Off Galveston
A captain was medevaced from a car carrier vessel Wednesday offshore Galveston, Texas, the U.S. Coast Guard said.The Coast Guard said its watchstanders at Sector Houston-Galveston received a medevac request at 5 p.m. from the agent of the Cyprus-registered San Martin, a 555-foot roll-on/roll-off cargo ship, stating the captain was experiencing symptoms of hypertension and leg swelling in the Galveston Fairway Anchorage.
N'GENIUS Says Its Steel to Transform Construction of Offshore, LNG Facilities
N'GENIUS claims its high-strength austenitic stainless steels will transform the design and construction of onshore and offshore oil, gas, and LNG facilities."The global demand for LNG is projected to reach 700 million tonnes per year by 2040 fuelling the need for greater LNG infrastructure including import receiving and export terminals, FLNG vessels, and LNG carriers. Since these facilities are being designed with larger capacities and operating under increasingly more challenging conditions…
Singapore's Tan tapped as Vice-Chair of IMO MEPC
Maritime and Port Authority of Singapore (MPA) officer, Tan Hanqiang, currently First Secretary (Maritime), High Commission of the Republic of Singapore to the United Kingdom (UK)…
Great Ships '22: With Ships, Great or Not, Beauty is in the Eye of the Beholder
My father was on the new construction team of the 1958 SS Rotterdam V, a visually iconic passenger liner that is presently a static hotel and event space in Rotterdam Harbor. When she entered service, her looks were much discussed and generally compared to her very graceful older running partner, the 1936 SS Nieuw Amsterdam II.I have pictures of both vessels in my office and I think the older vessel is the prettier vessel.
Fincantieri's Goal: Net Profit in 2025
Italy's shipbuilder Fincantieri said on Friday it would return to net profit in 2025, focusing on its three core businesses of cruise, defense, and specialized offshore vessels. Under a five-year business plan, Fincantieri forecasts revenues of 8.8 billion euros ($9.38 billion) in 2025 and 9.8 billion euros in 2027 from 6.7 billion euros last year.
SHI Exhibits Power of Blockchain in Autonomous Ship Development
In the first of its kind for a shipyard, DNV has awarded a Statement of Fact (SoF) to Samsung Heavy Industries (SHI) for applying blockchain technology to its own SAS (Samsung Autonomous Ship) and SVESSEL eLogbook data streams on an operating vessel.The project was accomplished by interfacing SHI’s data stream and eLogbook with the VeChainThor blockchain to demonstrate the technology’s potential for…
South Korea: Hanwha Group Inks Deal to Take Over Daewoo Shipbuilding
South Korea's Hanwha Group has signed an agreement to take over Daewoo Shipbuilding & Marine Engineering, Daewoo Shipbuilding said in a regulatory filing on Friday. The deal comes after the two parties signed a tentative agreement in September in which affiliates of Hanwha Group, including Hanwha Aerospace Co Ltd., said they would invest 2 trillion won ($1.53 billion) in return for a 49.3% stake and management rights in Daewoo shipbuilding.
