Fairbanks Morse Acquires Federal Equipment Company
Fairbanks Morse Defense (FMD) announced it has acquired Federal Equipment Company (FEC), expanding its product capabilities and service solutions for shipyard, defense, and industrial customers – with emphasis on its support for and offerings to the U.S. Nuclear Navy.The transaction includes FEC Military, a global leader in designing and manufacturing mission-critical components and systems for the U.S. Navy and U.S.
Bollinger Delivers Final Bahrain-bound Fast Response Cutter
Bollinger Shipyards has delivered the USCGC Clarence Sutphin to the U.S. Coast Guard in Key West, Florida. This is the 170th vessel Bollinger has delivered to the U.S. Coast Guard over a 35-year period and the 47th Fast Response Cutter (FRC) delivered under the current program.The USCGC Clarence Sutphin is the final of six FRCs to be home-ported in Manama, Bahrain, which will replace the aging 110’ Island Class Patrol Boats…
Baltic Dry Index Inches Higher on Firm Capesize Demand
The Baltic Exchange's dry bulk sea freight index edged higher on Thursday, buoyed by an uptick in capesize and panamax vessel rates.The overall index, which factors in rates for capesize, panamax and supramax vessels, gained 7 points to 2,296The capesize index rose 55 points, or 2.4%, to 2,356Average daily earnings for capesizes, which transport 150,000-tonne cargoes such as iron ore and coal, rose by $451 to $19,535Iron ore futures rose on Thursday, on expectations of a recovery in Chinese dema
Coast Guard, NTSB Investigating Towboat Bridge Strike
The U.S. Coast Guard and National Transportation Safety Board (NTSB) marine casualty investigators are investigating a barge allision with the Bayou Ramos Bridge near Morgan City and Amelia, Louisiana, on Highway 182. On December 23, 2021, at approximately 3:26 a.m., a towing vessel pushing six barges was traveling southeast along the Avoca Island Cutoff waterway when one of the lead barges in the tow struck the Bayou Ramos Bridge.
Jan De Nul's Next-Gen Offshore Wind Installation Vessel Launched in China
Offshore installation firm Jan De Nul said Thursday that Les Alizés, its next-gen floating offshore installation vessel had been launched at the CMHI Haimen shipyard in China.The vessel is now ready for the final construction phase, including sea trials, to be completed by H2 2022.Les Alizés will be the largest Heavy Lift Vessel in Jan De Nul’s fleet, able to install XXL offshore wind components, in floating conditions and with ultra-low emissions.The launch started on January 2…
Sembcorp Marine Delivers Vito Floater to Shell
Singapore's Sembcorp Marine said Thursday it had completed the construction of the Vito floating production facility, bound for deployment in the U.S. Gulf of Mexico for Shell.The integration of Vito’s topside structure with its hull was executed by a pair of goliath cranes with 30,000-tonne combined lifting capacity and 100-meter hook height in Tuas Boulevard Yard in Singapore. "The yard’s ability…
BMS Orders Huisman Mega-crane for Offshore Wind Turbines
Denmark-based BMS Heavy Cranes has ordered a 3,000mt Ringer Crane, with an option for a second unit from the Dutch crane maker Huisman.According to Huisman, the crane setup has been optimized for operations in the wind industry. With the capability to lift components of 1,200mt at heights of up to 225m, and heavy structures of 3000mt at a reduced height, the crane will ready BMS for installation of the next generation of wind turbines on and offshore and on floating foundations…
Nortrans' Flotel to Assist with Coral FLNG Hook-Up
Singapore-based offshore vessel provider Nortrans has secured a flotel contract with TechnipEnergies to support the hook-up of the giant Coral Sul FLNG unit that…
Size Not the Main Goal, Shippers Say, as MSC Overtakes Maersk
Swiss-based container group MSC has overtaken Denmark's Maersk as the world's biggest shipper, the company said, confirming data from intelligence provider Alphaliner.After taking delivery of several ships last year, MSC or Mediterranean Shipping Company has capacity to move the equivalent of 4,284 million twenty-foot containers, Alphaliner said. That compares with Maersk's 4,282 million.Both companies…
Seaspan's 70-ship Newbuild Program Fully Financed with $1.4 Billion Deal
Containership giant Seaspan Corporation announced on Wednesday that it now has financing lined up for its entire 70-vessel newbuild program.With the completion of the latest $1.4 billion deal in December, Seaspan said its financing proceeds are approximately $6.9 billion.Seaspan, a subsidiary of Atlas Corp, said the $1.4 billion will be used to finance ten 15,000 TEU LNG dual-fuel newbuilds, the last of its recent $7.6 billion containership ordering spree…
Marco Polo Marine to Do 'Green' Ship Recycling in Indonesia
Marco Polo Marine announced it is venturing into "green" ship recycling at its P.T. Marcopolo Shipyard in Batam, Indonesia.In addition to being awarded the permit by local authorities to conduct ship recycling activities, the group said it has become the first shipyard in Indonesia to be certified and awarded the ISO 30000:2009 certificate by ABS Quality Evaluations (QE). The ISO 30000 certification…
Norwegian Cruise Cancels Sailings as Omicron Cases Surge
Norwegian Cruise Line on Wednesday canceled trips on eight ships, a few with embarkation dates as far out as late April, signaling a blow to the recovery of the pandemic-ravaged U.S. cruise industry.The division of Norwegian Cruise Line Holdings Ltd made the decision with the United States reporting nearly one million new coronavirus infections on Monday, the highest daily tally of any country."Due to ongoing travel restrictions…
HII Demonstrates Open Architecture Autonomy Integration Capability with Sea Machines’ SM300
Huntington Ingalls Industries’ (HII) Technical Solutions division announced today the successful integration of its advanced autonomy solutions with Sea Machines Robotics’ SM300 autonomy product. The integration of these autonomous capabilities supports complex mission planning and collaboration between unmanned systems.The demonstration, which took place late last year in the Chesapeake Bay off the coast of Virginia Beach…
Baltic Dry Index Steady as Higher Panamax Rates Offset Capesize Dip
The Baltic Exchange's dry bulk sea freight index was little changed on Wednesday, as higher rates for panamax vessels countered a dip in the capesize and supramax segments.The overall index, which factors in rates for capesize, panamax and supramax vessels, rose by 4 points to 2,289.The capesize index fell 49 points, or 2.1%, to 2,301, its lowest level since late-March, 2021.Average daily earnings for capesizes, which transport 150,000-tonne cargoes such as iron ore and coal, decreased by $406 t
Louisiana Students Take Mississippi River Tour Field Trip
Dozens of South Louisiana middle and high school students eager to learn about careers in the maritime industry enjoyed a cool, windy autumn day on the mighty Mississippi River in St. Bernard Parish at the first-of-its-kind Maritime Field Trip.The daylong field trip was organized and coordinated by a group of maritime industry partners and featured Crescent River Port Pilots. The educational trip taught…
UECC's Third Newbuild Dual-fuel LNG Battery Hybrid PCTC Launched
Norwegian shipping company UECC said its third and final newbuild in a series of advanced dual-fuel liquefied natural gas (LNG) battery hybrid pure car and truck carriers (PCTC) has been launched at China’s Jiangnan Shipyard.The December 28 launch comes seven months after the keel-laying ceremony for the vessel and follows the recent final delivery of the first newbuild named Auto Advance, with the second and third vessels set to be delivered in the first half of this year.“We are rapidly buildi
Global Supply Pressures May Be Nearing Peak
The historically high pressures on global supply chain networks that have contributed to shortages of key goods and materials and a surge in inflation may have peaked, according to a new index released by the New York Federal Reserve on Tuesday.The Global Supply Chain Pressure Index (GSCPI) surged early in the pandemic when China imposed lockdown measures. Pressures eased as production resumed but picked back up during the winter of 2020 as COVID-19 infections jumped."More recently…
Forsee Power Earns DNV Certification for its Pulse 2.5 Marine Battery System
Forsee Power said it is now offering its Pulse 2.5 high-power battery module in a DNV-certified version for the marine sector.Harsh weather conditions at sea require rugged batteries, with solutions compatible with water, condensation, and humidity. As a result, the guarantees in terms of design and safety required by the classification society DNV are very high. This approval allows the various players…
ExxonMobil Makes Two Oil Discoveries Offshore Guyana. Liza Unity FPSO on Track for First Oil in 1Q
Oil and gas major ExxonMobil on Wednesday announced two new oil discoveries offshore Guyana, at Fangtooth and Lau Lau wells, adding to previous recoverable resource…
Sun Feng Takes the Helm at China Classification Society
Sun Feng formerly a CCS vice president, was named Chairman and President, taking over from Mo Jianhui, who retired.In a handover ceremony at CCS headquarters in Beijing, Sun paid tribute to Mo, praising his contribution to CCS.“Mr. Mo oversaw the rapid growth of our classed fleet, an expanded global network and he helped increase our international presence and influence, we thank him for all the success he helped deliver,” he said.
