Busan, Pacific Northwest Seaports Partner on Decarbonization
The Northwest Seaport Alliance announced its newest decarbonization effort as part of the Green Shipping Challenge at the 27th Conference of the Parties (COP 27) to the United Nations Framework Convention on Climate Change held in the Egyptian city of Sharm el-Sheikh.The Northwest Seaport Alliance (NWSA), the marine cargo partnership between the Port of Tacoma and the Port of Seattle, announced its partnership with the Republic of Korea…
New Solution Launched to Track Dark Shipping
Spire Global, Inc., a provider of space-based data, analytics and space services, unveiled a dark shipping detection solution to track vessels that manipulate their reported position in order to conceal nefarious activities.The Automatic Identification System (AIS) on a vessel helps avoid collisions at sea, track global shipping trends and monitor individual vessel activity; but crew members on board…
USCG Needs to Do More to Improve Fishing Vessel Safety - GAO
The U.S. Coast Guard must do more to improve safety in the extremely dangerous commercial fishing industry, according to a new report from watchdog agency the U.S. Government Accountability Office (GAO).Commercial fishing has one of the highest industry death rates in the U.S., according to the U.S. Bureau of Labor Statistics. Since fiscal year 2011, multiple commercial fishing vessel safety requirements have been enacted. As the principal federal agency for ensuring marine safety, the U.S.
Ship Recycling Prices Continue to Slide
According to GMS, "some unbelievably low and unrealistic offers" have started to emerge from sub-continent markets this week, and as such, both owners and cash buyers would be well advised to leave ship recycling destinations alone for the time-being, especially until some sort of floor is reached and stability regains a foothold.It has become increasingly difficult to obtain any firm or serious offers from any recycling market…
Great Lakes Winter Supply Chain – A Cause for Concern
As the temperatures start their annual decline on the Great Lakes, an icy chill is in the air. Shipping companies across the lakes are rushing to get final loads of critical raw materials from the northern lakes to the manufacturing facilities on the lower lakes. The gales of November began blowing in October this year, tightening the constraint on the remaining days before the large navigational lock in Sault Ste. Marie, Mich.
Diana Shipping Secures Three Time Charters
Dry bulk shipowner Diana Shipping Inc. on Monday announced it has entered into separate time charter contracts for three of its vessels.The company said it will…
UK Suspends 'National Flagship' Yacht Project
Britain won't proceed with building a new national flagship to promote business and trade interests around the world, defense minister Ben Wallace said on Monday, ending one of former Prime Minister Boris Johnson's pet projects.The ship was announced in May 2021 to host trade shows and negotiations, but tendering of contracts had not been completed.Wallace said that the project had been scrapped as…
US Offshore Wind Update: New Construction Kicks Off
October saw the first offshore construction activity for a commercial scale U.S. offshore wind farm. Two cable layers have commenced the laying of Vineyard Wind’s export cable. This important milestone was also accompanied by complaints around the deployment of foreign flag workboats to support the cable layers. At the same time, South Fork wind farm has deployed Jones Act compliant vessels to prepare the offshore construction areas for cable laying and foundation installation.
Ukraine Says Russia Destroying Civilian Ships on the Dnipro River
Ukraine’s army accused Russia on Sunday of the large-scale destruction of civilian vessels moored on the banks of the Dnipro River in the occupied southern region of Kherson that Kyiv’s forces are trying to capture.Ukrainian forces have been piling pressure on Russian troops on the western bank of the Dnipro that bisects Ukraine, fueling speculation that Moscow’s troops are preparing to retreat to…
Third Cape-class Patrol Boat Delivered to the Australian Navy
Australian shipbuilding group Austal announced it has delivered the third of eight Evolved Cape-class Patrol Boats (ECCPB) to the Royal Australian Navy.The 58-meter aluminum monohull vessel, ADV Cape Naturaliste, was built by Austal Australia and is the third of eight to be delivered to the Royal Australian Navy since the contract was signed in May 2020. The first two Evolved Cape-class Patrol Boats…
Greece Likely to Cancel Alexandroupolis Port Sale
Greece is likely to cancel the sale of its northern port of Alexandroupolis, mainly due to the port’s upgraded role following the war in Ukraine, two sources with knowledge of the matter told Reuters on Monday.Greece in September received two binding bids for a 67% stake in the port of Alexandroupolis.The bidders were Quintana Infrastructure and Development through Liberty Port Holdings Single Member, and International Port Investments Alexandroupolis, a joint venture of Black Summit Financial G
DP World to Invest Around $500 Million to Reduce CO2 Emissions
Dubai-owned ports giant DP World intends to invest around $500 million to reduce carbon dioxide emissions in its operations by 700,000 tonnes over the next five years, state news agency WAM reported on Monday, citing the company's chairman and CEO Sultan Ahmed Bin Sulayem.DP World's plans include transitioning its global fleet from diesel to electric power, investing in renewable energy, and exploring fuel alternatives, Sulayem said via video conference during the COP27 summit in Egypt, WAM adde
Navy: Swedish Combat Boat 90, Both a Warrior and a Workhorse
The Swedish-built Combat Boat 90 (CB 90) has established itself with military forces around the world as both a warrior and a workhorse. The 52-foot boats first entered service in 1991 as troop carriers with the Swedish Marines, which is still procuring them. There are more than 250 operating worldwide today.These rugged boats are optimized for high-speed / shallow-draft operations in and around Sweden’s many coastal islands…
Oil Supertanker Grounded in Indonesia Will Take a Month to Free - Navy
Indonesian authorities said on Monday it could take up to a month to free a crude oil tanker stuck in its waters, while the United States slapped sanctions on the…
246-ft. Offshore Patrol Vessel Delivered to Armed Forces of Malta
OPV P71, a new 246 ft. (75m), 50-million Euro flagship of the Armed Forces of Malta -- the largest patrol vessel ever built by Cantiere Navale Vittoria -- today entered the port of La Valletta to start its missions of surveillance, coastal and offshore surveillance and SAR operations in the Central Mediterranean.Measuring 74.8 x 13m with a draft of 3.8m and a full load displacement of over 2,000 tons, OPV P71 can accommodate a crew of nearly 50 and an additional 20 staff.
SAYFR, MSI ink MOU to collaborate on Safety Culture, Loss Prevention
SAYFR entered into an MoU with Japanese underwriter Mitsui Sumitomo Insurance (MSI) aimed at reducing risks of major incidents through building safety culture maturity in the maritime and offshore energy sectors. SAYFR has worked with MSI on several joint initiatives in the last two years. MSI is one of the world’s largest insurers and holds the biggest market position in the Japanese marine hull insurance…
GEA Breaks Ground on New U.S. Facility
GEA marked the official start of construction of its new repair, logistics, assembly, production and training facility in Janesville, Wis. The groundbreaking ceremony of GEA’s first greenfield site in North America in 50 years was attended by company representatives and officials from the State of Wisconsin and City of Janesville.GEA will invest more than $20 million in the new site in response to growing demand for separators…
Bollinger to Acquire VT Halter Marine
Lockport, La. based Bollinger Shipyards announced it has entered into an agreement to acquire Pascagoula, Miss. shipbuilder VT Halter Marine, Inc. and neighboring repair yard ST Engineering Halter Marine Offshore (STEHMO) from parent company ST Engineering North America, the U.S. subsidiary of Singaporean multinational technology, defense and engineering group ST Engineering.The transaction, which is expected to close in the fourth quarter of 2022…
Bisso Towboat Orders Tug from Main Iron Works
Luling, La. based marine towage provider Bisso Towboat said it has ordered a new tractor tug from Houma, La. shipbuilder Main Iron Works. Construction is scheduled…
US Supreme Court Justice Won't Block Extradition Linked to Sewol Ferry Sinking
U.S. Supreme Court Justice Sonia Sotomayor on Thursday rejected a bid by a businessman to block his extradition to South Korea to face embezzlement charges that stemmed from a 2014 ferry sinking that killed 304 people.Sotomayor rejected Yoo Hyuk-Kee’s request to prevent his extradition from going forward while he appeals lower-court rulings rejecting his effort to avoid being sent to South Korea to…
