Eagle Bulk to Transfer Listing to the NYSE
Stamford, Conn. based dry bulk shipping company Eagle Bulk Shipping on Monday announced it will transfer the listing of its shares from the Nasdaq Global Select…
Gas Starts to Flow to Freeport LNG Export Plant in Texas
Freeport LNG’s long-shut liquefied natural gas (LNG) export plant in Texas was on track to receive natural gas on Tuesday, according to data from Refinitiv, a possible sign the plant might meet the company’s projected end-of-the-year return date.The Freeport shutdown added to the squeeze on global gas caused by Russia’s invasion of Ukraine. It helped boost prices in Europe and Asia to record highs over the summer, while capping gains in U.S.
HII Begins Fabrication of Amphibious Assault Ship Fallujah (LHA 9)
HII’s Ingalls Shipbuilding division in Pascagoula, Miss. started fabrication of the U.S. Navy’s newest amphibious assault ship Fallujah (LHA 9) on Monday. The start of fabrication signifies that the first 100 tons of steel have been cut for the ship and that the shipyard is ready to move forward with the construction of the ship.“Our shipbuilders are proud of the work they do for the security of our nation and for our Navy and Marine Corps customers…
Cargotec CEO Vehviläinen to Retire in 2023
Cargotec announced on Tuesday that its board of directors received notification from CEO Mika Vehviläinen that he will retire in 2023, in accordance with the terms of his contract.The board has started its a search for a successor, the Finnish cargo-handling machinery manufacturer said.“It has been both a privilege and a pleasure to lead the transformation of Cargotec together with so many committed and talented colleagues.
Armach's Hull Service Robot Excels in Over-the-horizon Operation Trials
Armach Robotics said on Tuesday that it had reached a major milestone by operating its hull cleaning robot successfully in full over-the-horizon (OTH) mode.In the water in Norfolk, VA, Armach’s hull service robot, was earlier this month monitored and controlled by staff at Armach’s command center in Plymouth, MA, using a 4G modem providing over-the-air connectivity.Once the communications connection was made between Norfolk and Plymouth…
Thailand Races to Find Missing Marines from Sunken Warship
Thailand's military mobilised helicopters, warships and unmanned drones off its central coast on Tuesday as rescue teams raced against time to find survivors after a navy corvette sank at the weekend in choppy waters.One marine was rescued alive on Tuesday from the waters of the Gulf of Thailand, the navy said, among dozens who were forced to abandon the HTMS Sukhothai late on Sunday after it was knocked over by four-metre (13 ft) waves and strong winds.
Orange Finance Head Fernandez to Join CMA CGM
French telecoms group Orange's deputy chief executive and head of finance, Ramon Fernandez, is leaving the company to join shipping and transport company CMA CGM as finance director.Fernandez will Orange at the end of the first quarter of 2023, the company said on Tuesday, adding that a successor will be named soon.French transport group CMA CGM said in a separate statement that Fernandez would start…
Holland Shipyards Wins Order for Three Coastal Vessels
As partner of the Dutch-based Hudig & Veder Group, Hartel Shipping & Chartering, has awarded Holland Shipyards Group for the delivery of three newbuild MPP coasters of 3.800 DWT.The new Conoship-designed vessels measure 89.42 meters by 13.2 meters and will have a cargo hold capacity of 5.530 cubic meters and a tween deck to allow for increased project cargo capacity.Hartel Shipping has opted for a diesel-electric drivetrain…
Euronav Inks MOU with Panama Maritime Authority
Euronav Ship Management (Hellas) Ltd. and the Panama Maritime Authority (PMA) signed a Memorandum of Understanding (MOU) with the aim to open up opportunities for Panamanian seafarers on board Euronav vessels.The MOU signed on December 5, 2022 has two main objectives. Firstly, to promote an integral cooperation framework aimed at increasing job opportunities for Panamanian officers, cadets and junior personnel on board Euronav vessels.
Earthquake Offshore California Knocks Out Power for Thousands
A strong 6.4-magnitude earthquake struck off the coast of northern California on Tuesday, the U.S. Geological Survey said, leaving thousands without power.The earthquake, which struck at 2:34 a.m. (1034 GMT), was about 10 miles (16.1 km) deep, USGS said, and struck about 7.4 (12 km) west-southwest of Ferndale, California, a Humboldt County town about a four-hour drive north of San Francisco.Local media and others on social media reported there were numerous gas leaks…
Jan De Nul's Giant Jack-up Vessel Delivered in China
Offshore installation specialist Jan De Nul Group said Tuesday that its flagship newbuild jack-up vessel, Voltaire, had left the COSCO Shipping Shipyard in China and was heading for Dubai.The vessel was delivered by the shipyard on December 15, and departed from the shipyard on Tuesday morning."With her crane capacity of 3,000 tons, four immense legs of 130 meters, and capacity to lift 16,000 tons of useful cargo out of the water…
Wärtsilä's Hybrid Propulsion System for Four New Heavy Lift Vessels
Finland-based marine engine and technology provider Wärtsilä will supply its hybrid propulsion system for four new heavy lift vessels being built at the Wuhu Shipyard in China. The ships are set to be delivered in 2025, and they will mostly be used to help set up wind farms. The vessels have been contracted by SAL Heavy Lift GmbH, a German heavy lift and project cargo specialist and part of the Harren Group, in cooperation with its joint-venture partner, Netherlands-based Jumbo Shipping.
Portuguese Electric Car Ferry to sport Zinus Charging Solution
The Portuguese shipyard Navaltagus, a part of the industrial ETE group, is building the first electrical car and passenger ferry in Portugal, and the yard awarded Zinus the contract to supply the autonomous connection enabling the ferry to charge its batteries while berthed.With a capacity of 260 passengers and 19 cars, the ferry is scheduled to enter service in the summer of 2023 – replacing the existing…
Lennerstedt Named CEO at Humphree
Helena Lennerstedt was appointed CEO of Humphree. She has a background in several leading positions in different companies in the Swedish industry, and for the last seven years whe has been Vice President Purchasing at Volvo Penta. She has a Master’s in engineering from Linköping University and has studied International Business.Lennerstedt succeeds Hannes Norrgren who has taken up the role of Senior Vice President for Business Unit Industrial at Volvo Penta.
FSRU Exemplar Set to Arrive at Finland's Inkoo Port on Dec. 26
The floating liquefied natural gas (LNG) terminal chartered by Finland to replace Russian gas is scheduled to arrive at Inkoo port west of Helsinki on Dec. 26, Refinitiv Eikon data showed on Tuesday. Finland has agreed a 10-year charter for the Exemplar floating storage and regasification unit (FSRU) that will serve both its domestic and the Baltic market, providing additional resources as Europe grapples with an energy crisis.
