Crandall Dry Dock Engineers, Inc Is Up for Sale
The family of Crandall Dry Dock’s late owner P. Brian Duffy is seeking a buyer for the Bourne, Mass. shipyard engineering and services firm.Originally founded in Boston in 1854, Crandall Dry Dock was acquired by Duffy, a former employee, in 1994. The company, which specializes in shipyard rail systems, is known for its engineering and design work as well as the supply of specialized hardware and equipment…
Bleutec's 'Binary Marine Installation Solution' Earns AIP from ABS
Houston-based Bleutec Industries announced it has received approval in principle (AIP) from the American Bureau of Shipping (ABS) for the designs of its Jones Act compliant offshore wind farm construction solution.Envisioned as an alternative to wind turbine installation vessels (WTIV), Bleutec's "binary marine installation solution" (BMIS) is a spread of DP2 vessels designed in partnership with Ohio-based naval architecture and marine engineering firm NETSCo, each engineered to be built at U.S.
Marquette Christens Towboats Charles Reid Perry
Paducah, Ky. based Marquette Transportation Company earlier this year held a christening ceremony in New Orleans for its towboat Charles Reid Perry.The vessel, built in 2019 by C&C Marine and Repair in Belle Chasse, La., is named after the grandson of Marquette executive chairman John Eckstein. Alix Eckstein Perry, John Eckstein’s daughter and mother of the vessel’s namesake, officially christened…
Laborde Products Names Murzi Marine Sales Manager
Commercial engine distributor Laborde Products announced it has appointed Michael Murzi, Jr. as its new marine sales manager. Murzi brings with him over 10 years of experience in the marine industry and over 30 years of experience in sales, customer service and business development.Murzi has held various senior sales roles throughout his career and has a proven track record of developing successful sales strategies, managing key accounts, and aggressively driving revenue growth.
WTO Expects Global Trade Slowdown to Be Short-lived
Global merchandise trade growth slowed at the end of 2022 and was likely to remain weak in the first quarter of this year, the World Trade Organization said on Wednesday.However, the WTO said any slowdown may be short-lived given that container throughput at Chinese ports and new export orders have already started to pick up, the former following a sharp easing of COVID-19 restrictions in China.The WTO said its goods trade barometer dropped to 92.2 points in March from 96.2 points in November, r
PXGEO Names Tony Bowman CEO
Offshore seismic survey firm PXGEO announced it has appointed Tony Bowman as chief executive officer, effective April 3, 2023.Bowman joins PXGEO from an executive career at Schlumberger. During his almost 30-year tenure, he held a number of senior roles across multiple geographical locations, including president, WesternGeco as well as president, Schlumberger Information Solutions.Bowman’s appointment follows the departure of CEO Duncan Eley, who has decided to resign and leave PXGEO.
Discovery: Historic Shipwreck Found in Lake Huron
Researchers from NOAA, the state of Michigan, and Ocean Exploration Trust discovered an intact shipwreck resting hundreds of feet below the surface of Lake Huron. Located within NOAA's Thunder Bay National Marine Sanctuary, the shipwreck has been identified as the sailing ship Ironton. Well preserved by the cold freshwater of the Great Lakes for over a century, the 191-ft. Ironton rests upright with its three masts still standing."Using this cutting-edge technology…
Lukoil Sets up Ship-to-ship Russian Oil Loadings Near Kaliningrad
Russia's second-largest oil producer Lukoil has set up ship-to-ship (STS) loadings of Urals oil near the western port of Kaliningrad, Refinitiv Eikon data showed and trading sources told Reuters on Wednesday.The data shows 100,000 tonnes of Urals crude was loaded on the Andaman Skies tanker at the Baltic port of Primorsk on Feb. 11.
Japan to Promote Gas, LNG, Hydrogen During G7 Presidency
Japan will stress the importance of investment in natural gas, liquefied natural gas as well as cleaner fuels such as hydrogen and ammonia during its presidency of the G7 this year, a source said, but would keep it clean to meet 2050 carbon neutral goal.Japan, president of the rich-country grouping for 2023, will hold a ministerial meeting on climate, energy and environment in the city of Sapporo on April 15-16…
Cargill Testing New Sail Technology for Cargo Ships to Cut Emissions
Cargill, one of the world's biggest ship charterers, is stepping up a push to resurrect wind power for cargo ships as the agricultural commodities group moves to cut emissions from its chartered fleet, a top executive said.With about 90% of world trade transported by sea, shipping accounts for nearly 3% of the world's CO2 emissions, yet environmental campaigners say regulatory efforts by the sector…
Svitzer Expands Into Brazil's Port of Salvador
A.P. Moller-Maersk's towage arm Svitzer announced it has expanded its presence in Brazil to provide operations and services at the Port of Salvador, including Aratu…
China-flagged Cargo Ship Sinks Off Russia's Sakhalin Island
A China-flagged cargo ship sank in the Strait of Tartary off the coast of Russia's Sakhalin island, the press service of Russia's Federal Agency for Maritime and River Transport told TASS on Wednesday, adding there were no casualties."The crew of 21 citizens of the People's Republic of China got onto the ice and was then taken on board of an approaching ship," TASS cited the press service."Everyone is well, there were no casualties."(Reuters - Reporting by Lidia Kelly in Melbourne; Editing by To
Ukraine Traders Seek Transparent Rules for Cargo Queue Under Grain Export Deal
Ukrainian grain traders union UGA asked the government on Wednesday to provide transparent rules on how cargo ships should queue before loading at Ukrainian Black Sea ports under a grain export deal brokered by the United Nations and Turkey."It is extremely important that work in Ukraine is open and transparent," UGA said in a statement.The Black Sea Grain Initiative that was brokered last July allowed…
MARAD Announces $12.4 Million for US Marine Highway Program
The U.S. Department of Transportation’s Maritime Administration (MARAD) on Wednesday announced a Notice of Funding Opportunity making $12,423,000 available in Fiscal Year 2023 funds through the United States Marine Highway Program (USMHP).Designed to increase the use of America’s navigable waterways, especially where water-based transport is the most efficient, effective and sustainable option, the USMHP (previously named America’s Marine Highway Program) helps to create maritime jobs…
Greece's First FSRU Project Starts with Conversion at Keppel
Work has begun to develop Greece’s first Floating Storage Regasification Unit (FSRU) at the Keppel shipyard in Singapore, with the conversion of GasLog’s DNV classed LNGC Gaslog Chelsea, recently renamed Alexandroupoli.Following conversion, FSRU Alexandroupoli will serve as an offshore storage and regasification facility and will be part of the Alexandroupolis Independent Natural Gas System (INGS).
Farra Marine Orders Seven New CTVs
Irish crew transfer vessel (CTV) owner and operator Farra Marine has expanded its fleet of CTVs after ordering another seven vessels from Singapore-based Penguin Shipyard International. The new CTVs are part of the WindFlex-27 series, and when complete will couble Farra Marine CTV fleet servicing the UK and European offshore wind industry. By early 2024, 13 of the 14 CTVs in Farra Marine’s fleet will be Incat Crowther-designed, Penguin-built vessels.
ABS AIP for Value Maritime’s Carbon Capture System
ABS granted approval in principle (AIP) to Value Maritime (VM) for its Carbon Capture System onboard seagoing vessels. The Filtree System - a prefabricated gas cleaning system that filters sulfur and 99% of particulate matter - includes a Carbon Capture Module that captures the CO2 onboard in a battery container.Value Maritime’s CCS technology is designedd too allow vessels to capture up to 40% of CO2 emissions…
India Coal is Back in Business
India's coal industry celebrated the return of its major conference after a three-year pandemic hiatus by presenting a bullish view of demand, rising supply from new mines and strong demand for imports."King coal is coming back and coming with a big bang," Anil Kumar Jha, the chairman of Jindal Power Ltd., told the Coaltrans India conference, held this week for the first time since February 2020.The sentiment was echoed by virtually every speaker at the event…
Singapore Bunker Premiums Set for Bumpy Recovery in March
Premiums of marine fuel, also known as bunkers, are set for a bumpy recovery in March in Singapore, the world's largest bunkering port, as refuelling demand from the shipping sector has recently waned, multiple trade sources said.A weaker Singapore bunker market reflects slowing activity at one of the world's most major ports that sits on a crucial shipping lane, while lower demand will also weigh…
