Brazilian 'Ghost' Aircraft Carrier Gets a Reprieve
A decommissioned 32,000-ton 1960's aircraft carrier has been floating off Brazil's shore for three months since Turkey refused it entry to be scrapped there because the rusting ship is an environmental hazard.The Brazilian Navy's Sao Paulo carrier had been towed by tugs to Europe but did not get past the Gibraltar straits, and was returned across the Atlantic.The Navy has acknowledged the ship is a risk to the environment and could sink…
Anchorage Launch Gets New Metal Shark-built Crew Boat
Metal Shark delivered a welded-aluminum 45 Defiant crew boat to Anchorage Launch Services Company, an Oregon-based operator providing launch, line, pilotage, and cargo services to vessels on the Columbia and Willamette Rivers.Designed in-house by the Metal Shark engineering team and built at the company’s Jeanerette, La., production facility, the 47 x 12 ft. twin-diesel waterjet-powered “Triumph VII” is now in service.“Our captains…
Wagenborg's Multi-Purpose Vessel to Support Decommissioning Works in the Southern North Sea
Offshore vessel operator Wagenborg Offshore said Tuesday it had secured a long-term deal with an unnamed energy major for the deployment of a multi-purpose offshore vessel.According to Wagenborg, the vessel will support subsea activities and decommissioning works in the Southern North Sea.Wagenborg said that an existing young PX121 platform supply vessel would be converted into a multipurpose offshore vessel within 34 weeks at the shipyard Royal Niestern Sander in Delfzijl."During this period…
Baltic Index Drops to Lowest Since June 2020
The Baltic Exchange's dry bulk sea freight index fell to its lowest since June 2020, weighed by weaker demand for capesize and panamax vessels. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels carrying dry bulk commodities, fell 13 points, or 1.9%, to 668 on Wednesday. The capesize index dropped 33 points, or about 6.2%, to its lowest in five months at 499.
Greenpeace Activists Board Heavy-lift Vessel Carrying Shell's Penguins FPSO
Four Greenpeace activists on Tuesday boarded the heavy transportation vessel carrying Shell's Penguins FPSO aboard, calling on the oil major to "Stop Drilling. Start Paying."Six Greenpeace International activists attempted, and four managed to board Boskalis' White Marlin vessel in the Atlantic Ocean north of the Canary Islands. The heavy transportation vessel is carrying the recently delivered 34…
Diana Shipping Takes Delivery of Ultramax Dry Bulker, Secures Charter
Bulk carrier firm Diana Shipping said Wednesday it had has taken delivery of the 2016-built DSI Aquarius ultramax dry bulk vessel of 60,309 dwt. The ship, which used to be called STH Kure…
Keppel to Deliver Guyana-bound 'Mega' FPSO to SBM Offshore in 1Q
Singapore's Keppel Offshore & Marine said Wednesday it was on track to deliver a "mega" floating production, storage, and offloading vessel (FPSO) to SBM Offshore in the first quarter of 2023. This is the third FPSO that Keppel Shipyard is delivering to SBM Offshore and will be chartered to the consortium of ExxonMobil, CNOOC, and Hess, to operate in the Stabroek Block, offshore Guyana. The vessel was named Prosperity FPSO by Guest of Honour…
WindServe Marine Secures Loan for Offshore Wind CTV Construction
WindServe Marine, a U.S. offshore wind support services company, has secured a loan from The Washington Trust Company, for the construction of three new 88-foot crew transfer vessels (CTV), recently commissioned by Ørsted, the largest offshore wind developer in the world. "Washington Trust was founded on the southwestern shoreline of Rhode Island and as a good corporate citizen, we are committed to protecting and preserving the local environment.
Dalian Coking Coal Slumps as Traders Eye Australian Supply
Chinese coking coal futures extended losses to hit their lowest in four weeks on Wednesday, as traders kept an eye on a batch of Australian coal cargoes expected to arrive soon in top steel producer China.Rising Chinese steel inventories also weighed on overall market sentiment, analysts said.China is seen gradually resuming Australian coal imports, having eased an unofficial trade ban imposed in 2020…
'Party is over': Hapag Lloyd CEO Says Freight Rates to Keep Declining
Container freight rates will keep declining in the current realignment of shipping demand and supply, said the chief executive of Germany's liner Hapag Lloyd, the world's number five by transport capacity."The party is over. We are back to a normal shipping business," CEO Rolf Habben Jansen told reporters at a briefing late on Tuesday on the state of the market, in which his company reported sky-high profits for three years running."Now we have to fight for every box again to get our ships full…
Analysis: Container Shipping and Falling U.S. Retail Sales
“Despite falling 1.1% m/m in both November and December, US retail sales volumes remain 13% above 2019 levels and 6% higher than the pre-COVID trend. However, sales volumes could return to trend during 2023 and thereby pose a risk for Asia to North America container volumes,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO.Supported by COVID stimulus packages and mobility restrictions limiting spending on services…
