USDOT Pumps $660M More Into Port Infrastructure
The U.S. Department of Transportation’s Maritime Administration (MARAD) announced a Notice of Funding Opportunity (NOFO) making available more than $662 million in Federal Fiscal Year (FY) 2023 funding for MARAD’s Port Infrastructure Development Program (PIDP).The PIDP investment is intended to help modernize the nation’s ports and strengthen supply chains.“America’s ports play a central role in our supply chains,” said U.S. Transportation Secretary Pete Buttigieg.
The U.S. Navy Needs More Ships, Encourages Industry to "Pick up the Pace"
The demand for warships is strong, and the Navy continues to receive support from the Congress to build more ships. The Navy is working to achieve a fleet of about 355 ships, plus a fleet of about 150 unmanned vesselsBut to achieve something close to that goal requires more than demand, and even more than money. For one thing, it requires an industrial base that can build, repair and sustain that fleet.While Navy leadership acknowledges the challenges of a stressed supply chain…
First Section of Houston Ship Channel Expansion Complete
The Houston Ship Channel expansion project, also known as Project 11, continues to make significant progress. Port officials announced that dredging of the first segment extending from Bolivar Roads to Redfish, known as Segment 1A, is complete. The work was completed on schedule and on budget.Project 11’s Segment 1A constitutes eleven and a half miles in the Bay. The expansion of this area is expected to help increase safety…
Monjasa Inks Deal to Distribute Green Ammonia for Shipping
On 6 February 2023, Monjasa and HØST PtX Esbjerg have signed a Commercial Collaboration Agreement (CCA) on logistics services and offtake of green ammonia for the maritime sector. According to the CCA, Monjasa will provide logistics services that will enable distribution of green ammonia from HØST PtX Esbjerg, which is a Danish power-to-ammonia project managed by Copenhagen Infrastructure Partners (CIP).As a maritime logistics partner…
Dominion 'on track' with $9.8B VA Offshore Wind Farm
Dominion Energy executives said on Wednesday that the electric utility's $9.8 billion offshore Virginia wind farm is on track and on budget, having recently entered a critical phase of the environmental review process.The roughly month-long crucial public comment period on the environmental impact study of the 2.6 gigawatt project will end in February, Dominion Chief Executive Officer Robert Blue said on the Richmond, Virginia-based company's quarterly earnings call.
Frontiers Extend as Developers Eye Floating Wind Potential
America may have only entered the offshore wind sector recently, but it is wasting no time in playing catch-up. The White House has set targets of 30 GW of offshore wind capacity by 2030 and 110 GW by 2050. The focus so far has centred on bottom-fixed installations, but the prospect of higher energy yields in deeper waters where the wind blows stronger and longer now beckon. The White House has also set a floating wind deployment target of 15 GW by 2035.From a standing start…
Record Indian Wheat Harvest will not seen Benefit Global Supplies - BIMCO
“India is heading for the highest wheat harvest on record of 112 million tons this spring. However, exports will likely be limited in the coming year as the country is still recovering from last year’s poor harvest and is expected to focus on rebuilding its own wheat inventories,” says Filipe Gouveia, Shipping Analyst at BIMCO.During the past year, the Indian government has struggled to combat high domestic wheat prices and securing local food availability.
Ship Design: Hybrid Live Fish Carrier
Knud H. Hansen has designed, project managed and supervised the construction for a Live Fish Carrier for Bakkafrost in the Faroe Islands. This vessel is one of the biggest Live Fish Carriers in the world at 109.2 x 22.2m with a cargo capacity of 7,000 cu. m. With four cargo holds of 1,750 cu. m. each the vessel can transport about 1,000 tons of live salmon from cages offshore to shore-based processing facilities.
Greenpeace Says Shell Threatens Protestors Occupying FPSO with "Jail Time, Fines"
Shell has reportedly threatened legal action against Greenpeace activists who last week boarded a heavy load carrier carrying Shell's Penguins FPSO, destined for deployment in the UK North Sea.Last Tuesday, four activists climbed aboard the Boskalis' White Marlin vessel carrying the cylindrical FPSO, in the Atlantic Ocean north of the Canary Islands, calling for Shell to "Stop Drilling. Start Paying." Read more here.According to Greenpeace…
Wärtsilä, Berge Bulk in Marine Industry’s "First-ever" Shaft Generator Retrofit
Finland's marine technology company Wärtsilä said Tuesday it had retrofitted an inline shaft generator system on the ‘Berge Toubkal’, a cape-size bulk carrier owned by Singapore-based Berge Bulk, in what it said was an industry first."This is the marine industry’s first-ever shaft generator retrofit, and its successful completion will improve the vessel’s Energy Efficiency Existing Ship Index (EEXI) while reducing overall carbon footprint…
Reach Subsea Nets North Sea Decom Gig
Oslo-listed subsea services provider Reach Subsea said Wednesday it had won a decommissioning contract in the North Sea. The contract is with an undisclosed client…
VIDEO: Patrick Ryan Named CTO at ABS
As Patrick Ryan assumes the top tech exec spot at ABS, Maritime Reporter TV interviewed him on the eve of the announcement. While shipowners face multiple technology challenges ahead, Ryan said a top priority is the bridging of technology from the fundamental phase into operational solutions. ABS appointed Patrick Ryan as Chief Technology Officer to support continued development of ABS as a maritime technology leader.Having served as Senior Vice President…
Jadestone Energy Targets End of Month Production Restart for Montara Venture FPSO
Jadestone Energy, an Asia Pacific-focused oil and gas company, has taken a step toward restarting production from its Montara Project offshore Australia.The company…
BP Azerbaijan Declares Force Majeure on Crude Loadings from Turkey's Ceyhan Port
BP Azerbaijan has declared force majeure on loadings of Azeri crude from the Turkish port of Ceyhan, after a series of earthquakes on Monday, the company said on Wednesday.The notice was issued to oil shippers following a temporary suspension of loading operations from the Ceyhan Marine Terminal (CMT), BP Azerbaijan spokeswoman Tamam Bayatly told Reuters by email.BP Azerbaijan operates the Azerbaijan…
Liberian Registry Grants AiP for Anemoi's Rotor Sail
The Liberian Registry has awarded an Approval in Principle (AIP) to Anemoi Marine Technologies for their Rotor Sail systems.Anemoi’s Rotor Sails are available with three deployment options - fixed to the deck, a folding type, and on rails that can be moved along or across the deck.According to a press statement released Tuesday, the folding and rail systems were validated on a Newcastlemax bulk carrier…
Holland Shipyards Group, AYK Energy in Zero-emission Container Ship Retrofit Collaboration
Holland Shipyards Group (HSG) and AYK Energy have signed a deal for AYK Energy to make batteries for the zero-emission container ship FPS Waal.AYK Energy founder Chris Kruger said the company was increasing production at its factory in Zhuhai, China, to supply the retrofit project at HSG's shipyard in Werkendam. Under the contract, AYK will supply two high-density DNV-approved Aries 88 lithium batteries to the vessel.
HLP Brings "Fresh Approach" to Offshore Wind Farm Logistics. Funding Secured for Engineering Work
Heavy Lift Projects Ltd (HLP), a provider of offshore wind farm logistics, said Tuesday it had completed a funding round with private investors and opened its first office in Edinburgh.The company said that Capercaillie (Investments) Ltd and Giles W Pritchard-Gordon & Co Ltd have committed a "multi-million-pound" investment, which will be used to complete engineering work on its first project, a new…
Oil Shipping and Refining Firms Benefit from Western Sanctions on Russia
Western sanctions on Russia have significantly reduced state oil revenues and diverted tens of billions of dollars towards shipping and refining firms, some with Russian connections.Most of the winners from the sanctions are based in China, India, Greece and the United Arab Emirates, at least 20 trading and banking sources said. A handful are partly owned by Russian companies.None of the firms is breaching sanctions…
Maersk Warns of Four-fold Drop in Profits in 2023
Shipping group A.P. Moller-Maersk warned on Wednesday lower container volumes and freight rates would drive a four-fold plunge in profits this year, even as it reported record earnings for 2022.The Copenhagen-based company, which transports goods for retailers and consumer companies such as Walmart, Nike, and Unilever, raised its profit forecast twice last year as a surge in consumer demand and pandemic…
Fire Extinguished at Turkey's Quake-hit Iskenderun Port
A fire that engulfed hundreds of shipping containers at Turkey's Iskenderun Port after massive earthquakes in the region has been extinguished, the defense ministry said on Tuesday, but it was not clear when operations would resume at the port.Turkey's maritime authority said on Monday that the port, located on the Mediterranean coast in the southern province of Hatay, was damaged due to the earthquake…
