New Push Boat Delivered to Plimsoll Marine
Push boat operator Plimsoll Marine announced it has taken delivery of the fourth vessel in a series of newbuilds from Master Marine, Inc. “Plimsoll Marine strives to provide the Lower Mississippi River with premier push boat services utilizing the industry’s most modern and capable fleet of vessels. The delivery of the Steel Skipper marks another milestone in that effort,” said Angus R. Cooper III, President, Cooper/T. Smith.
Orion to Fund Construction of American Offshore Services' CTV Fleet
American Offshore Services, a crew transfer vessel owner/operator has entered a strategic partnership with Orion Infrastructure Capital to build "state-of-the-art CTVs designed to transport technicians and materials in varied offshore conditions."Under the arrangement, OIC will provide financing to build a series of CTVs at Blount Boats to service the United States’ emerging offshore wind industry.Formed in 2020…
More than 30 Russian Ships Conduct Drills Near Crimea
More than 30 ships from the Russian Black Sea fleet have started training exercises near the Crimea peninsula as part of wider navy drills, RIA news agency reported on Saturday citing the fleet, as Western nations warned that a war in Ukraine could ignite at any moment.Russia's military moves are being closely scrutinized as its massing of troops near Ukraine and a volley of hawkish rhetoric have rattled the West and sparked concern it plans to invade Ukraine.
Bullying and Harassment a Challenge for the Maritime Industry -Study
Women and minority groups are especially exposed to bullying and harassment at sea. This is shown in a scientific article by Cecilia Österman and Magnus Boström at Kalmar Maritime Academy at Linnaeus University. More than half of all women seafarers state that they have been subjected.Working at sea is a masculine-coded profession with a strong culture that values practical experience. Work on board is characterized to a large extent by insecure employments…
OneLearn Bringing Holograms to Maritime Training
Beaming someone’s hologram to people thousands of miles away is no longer a fantasy, with OneLearn Global revolutionizing the world of maritime training by turning science fiction into reality. The digital eLearning training provider will soon offer live courses run by holographic tutors from the company’s headquarters in Limassol, Cyprus, to audiences around the globe.“This next-generation technology…
Demand Shock Behind Global Bottlenecks Should Ease in Months -WTO
Global trade bottlenecks are more the result of demand spikes than supply chain snags, with pressure likely to ease in the coming months, the World Trade Organization's chief economist said on Monday.The WTO had thought in October that demand for goods would slow early in 2022. However, that was before the Omicron variant of coronavirus led to curbs on activity, including the postponement of the WTO's…
As Steel Prices Rise (again); Ship Scrapping Prices Rise, Too
Following recent upward moves on domestic steel plate prices at nearly every major recycling destination, it was another week of firm pricing and a sub-continent market that is still on an aggressive footing for the most part.Demand remains rampant and capacity at yards remains open for any available tonnage (market or otherwise), leading to bidding wars on any of the marginal number of choice units…
Floating Power Plants: Is Nuclear the Key in the Net-zero Energy Transition?
Floating nuclear power plants (FNPPs) may not immediately spring to mind as providing a solution to several of today’s key global challenges – but FNPP development is emerging as a means of decentralized stand-alone production of cost competitive hydrogen-based fuels and clean electricity and water, according to a new report by Intelatus Global Partners.The commercial case for deployment of FNPPs featuring…
Let’s Get One More National Multi Mission Vessel, but Let’s Add Some Grit
The new maritime academy school ships being built at Philly Shipyard (officially designated as National Security Multi-Mission Vessels) are an exciting development and provide a significant boost to our national maritime educational system. The technology on our existing school ships has very little relevance to the present marine industry, and these new vessels will not only provide the students with a better educational setting…
MV Charlie delivered to dship; Fourth "Eco-friendly" Newbuild
dship Carriers took delivery of number four of four newbuilds, the MV Charlie, the latest generation eco-friendly F-500 vessel type. The quartet of new ships enhances dship's capabilities in the multi-purpose heavy lift market during a time when cargo slots are rare and the market is tight.dship ordered the four eco-friendly F-500 multipurpose heavy lift vessels—MV Mick, MV Keith, MV Ronnie and MV Charlie—as part of its fleetexpansion program initiated back in 2018.
Siem, Solstad Offshore Vessels Net Deals in Canada, Brazil
Norwegian offshore vessel owners Solstad Offshore and Siem Offshore said Monday in separate statements they'd secured a contract for their offshore vessels.Solstad Offshore won a contract for its construction support vessel Normand Valiant with Brazil's Petrobras. Normand Valiant will provide accommodation services to support production activities on the Brazilian continental shelf. The charter is two years firm with an option of a two-year extension.
Liza Unity: Exxon's Second FPSO in Guyana Produces First Oil
Exxon Mobil Corp on Friday said it is accelerating output at its Guyana offshore oil development, starting a new production vessel that will bring total capacity to more than 340,000 barrels per day.An Exxon-led consortium started production in the South America country in 2019 and is responsible for all oil and gas output in Guyana. Exxon and partners Hess Corp and CNOOC Ltd. have discovered some 10 billion barrels of oil.Production at the Liza Unity floating…
Benchmark Dalian Iron Ore Futures Plunge
Chinese iron ore futures dived more than 8% late on Friday after the country's regulators and industry association issued warnings against recent unusual price moves of the key steelmaking ingredient.Earlier on Friday, the National Development and Reform Commission (NDRC), which is the country's state planner, said it and the market regulator would dispatch investigation teams to the commodity exchange…
Two Gasoline Tankers Divert from Nigeria
Two tankers carrying gasoline loaded in Antwerp, Belgium, have turned back to their load-port after initially being destined for Lagos in Nigeria, Refinitiv Eikon ship tracking and sources said on Friday.The two tankers, STI Symphony and Velos Diamantis, turned back in last week. The U-turns happened after Nigeria rejected other gasoline cargoes loaded in Antwerp for containing too much methanol.Reuters…
Austria Resists Including Nord Stream 2 in EU Package of Russia Sanctions
Austria is sticking with its opposition to including the Nord Stream 2 gas pipeline in a package of sanctions against Moscow that the European Union is preparing in the event Russia invades Ukraine, Foreign Minister Alexander Schallenberg said on Friday.Austrian oil company OMV is one of Russian gas giant Gazprom's partners in the pipeline project connecting Russia to Germany, which has been completed but is not yet operational as it is awaiting German and EU regulatory approval.
New York’s First Offshore Wind Farm: Ørsted, Eversource Sanction 130MW South Fork Wind Project
Ørsted and Eversource have taken the final investment decision (FID) on the South Fork Wind project that will be New York’s first offshore wind farm. The FID comes after the South Fork Wind joint venture, owned 50/50 by Ørsted and Eversource, last month received final approval from the Bureau of Ocean Energy Management (BOEM) for its construction and operations plan, the final in the agency’s review of the project.
Shipbuilding; Carnival Celebration floated out at Meyer Turku in Finland
The 185,000-gt cruis ships Carnival Celebration was floated out to the outfitting keel at Meyer Turku shipyard in Finland, with the LNG-powered ship marking the culmination of Carnival Cruise Lines 50th birthday. The float-out started on Friday morning local time with the opening of the building dock valves and will culminate over the weekend. “The Float out marks the beginning of a very intensive phase in the ships construction, as the inside features and venues start taking form.
Aker Clean Hydro, Kuehne & Nagel in CO2-free Container Shipping Pact
Norway's Aker Clean Hydro and Swiss logistics group Kuehne & Nagel on Friday announced a cooperation to boost carbon-neutral container transport at sea, banking on hydrogen as one of the fuels that will make it possible.The partnership comes as Europe is trying to establish a flourishing hydrogen industry to help CO2-intense sectors, such as steel, construction and transport, cut emissions and wean off fossil fuels.As part of the cooperation…
VIDEO: U.S. Coast Guard Medevacs Fisherman Off Nantucket
The U.S. Coast Guard earlier this week medevaced a fisherman from a vessel 58 miles southeast of Nantucket, Massachussets.Coast Guard Sector Southeast New England watchstanders received a notification from the fishing vessel Jean Marie on Wednesday, reporting that a crewmember was having trouble breathing, and was requesting assistance.A Coast Guard Air Station Cape Cod, Massachusetts, MH-60 Jayhawk helicopter crew launched…
Strong Vessel Rates Drive Baltic Index to Best Week in 8 Months
The Baltic Exchange's dry bulk sea freight index rose for a fourth straight session on Friday and registered its biggest weekly gain since June 2021, supported by strong demand across vessel segments.The overall index, which factors in rates for capesize, panamax, and supramax vessels, rose 37 points, or 1.9%, to 1,977, its highest level since Jan. 12.The index has risen nearly 39% this week.The capesize index eased 47 points, or 2.5%, to 1,857.
