James Fisher Sells DSV to Seamec
Marine services company James Fisher and Sons said it has sold another one of its dive support vessels (DSV) to India-based Seamec Limited.The U.K.-based firm announced…
Port of New York and New Jersey Remains US' Top Container Port
The Port of New York and New Jersey has held onto the title as the United States’ busiest container port for a fourth consecutive month.In recent months, U.S. East Coast ports have reported elevated container volumes as trade diverts from the U.S. West Coast where shippers have been hindered by labor disputes and logistics bottlenecks.The Port of New York and New Jersey, which surpassed the Port Los Angeles as the nation’s busiest in August…
Wanted: A Sea-change in Climate Finance for Oceans
The oceans are inextricably connected to the health of the planet, and of humans: they absorb up to 30% of annual greenhouse gas (GHG) emissions and 90% of excess heat, and over 3 billion people — almost half the global population — depend directly on marine and coastal biodiversity for their livelihoods.Healthy coastal ecosystems are also critical to the world’s ability to withstand the impact of climate change.
ONE Acquires Stakes in Three California Box Terminals
Japanese container shipping company Ocean Network Express (ONE) announced it has acquired controlling stakes in three California container terminals amid a push by many of the world's largest global shipping lines to expand their presence in the port infrastructure component of the logistics chain.ONE, which is jointly owned by the Japanese shipping lines Nippon Yusen Kabushiki Kaisha (NYL), Mitsui O.S.K.
Ex-USS Denver Served Until Sunk
Explosive charges aboard the ship enabled battle damage assessment (BDA) teams to respond to actual damageThe former Austin-class amphibious transport dock USS Denver (LPD 9) was sunk in a blaze of glory as a target ship during the recent Rim of the Pacific (RIMPAC) Exercise 2022. The 9,600-ton, 561-foot Denver, which was commissioned in 1968 and served until being retired in 2014, had been stored with other inactive ships at Pearl Harbor…
Putin Bans Exporting Russian Oil to Countries Implementing Price Caps
President Vladimir Putin on Tuesday delivered Russia's long-awaited response to a Western price cap, signing a decree that bans the supply of crude oil and oil products from Feb. 1 for five months to nations that abide by the cap. The Group of Seven major powers, the European Union and Australia agreed this month to a $60-per-barrel price cap on Russian seaborne crude oil effective from Dec. 5 over Moscow's "special military operation" in Ukraine.
AD Ports, Kazmortransflot in Caspian Sea Offshore Services JV
UAE-based AD Ports Group and KMTF (Kazmortransflot), an offshore logistics and services subsidiary of the Kazakh National Oil Company (KazMunayGas), have signed a deal to launch a joint venture that will provide offshore and shipping services for energy companies in the Caspian Sea.The joint venture will be 51 percent owned by AD Ports Group and 49 percent owned by KMTF. The two companies also signed a deal to pool tanker resources."The joint venture…
Keel Laid for Van Oord's Offshore Wind Turbine Installation Vessel Boreas
A keel laying ceremony was held Tuesday for the wind turbine installation vessel (WTIV) Boreas, being built for the Dutch marine and offshore services firm Van Oord.The ceremony took place at the YCRO yard in Yantai, China.The Boreas will be able to operate on methanol and will be capable of installing wind turbines of up to 20 MW capacity. The vessel, ordered in October 2021, will be 175 meters long and be able to lift more than 3,000 tonnes.
