Oldendorff Carriers' Longtime CEO Peter Twiss Steps Down
Peter Twiss, the longtime president and CEO at German shipowner Oldendorff Carriers, has decided to step down after nearly 28 years with the company. Twiss is succeeded by longtime employee Patrick Hutchins.Twiss’ career started at Concept Carriers in 1995, a start-up company which was established by owner Henning Oldendorff as an operating arm, with the aim of moving closer to the cargo clients. Twiss quickly rose through the ranks…
Crowley ATB Equipped with Markey Mooring Winches
Markey Machine said it recently won an order for a set of split mooring winches and an anchor windlass to be installed on board one of Crowley’s ATB barges Oliver Leavitt. The winches replaced a set of electric mooring winches.The ATB, including tug Aveogan, was constructed at the Bollinger Marine Fabricators facility in Amelia, La., and delivered to Crowley in 2020. Crowley operates the ATB under…
Armach Robotics Launches EverClean Hull Cleaning Service
Armach Robotics, Inc. announced the launch of EverClean - a new service delivering always clean hulls for ship owners and operators, with the added value of perpetual hull condition monitoring.Following a successful period of demonstrating the effectiveness of its hull cleaning robots with commercial shipping operators, EverClean enters the market amid heightened demand for cost-effective and sustainable…
US Oil Exports to Europe Hit Record in March
U.S. crude exports to Europe have hit a record 2.1 million barrels per day on average so far this month, spurred by wide discounts to the global benchmark and weaker oil demand by U.S. refineries.Record exports to Europe and China this month reflect the rise of United States in crude oil trade and solidifies its role supplying Europe following Russia's invasion of Ukraine.A holiday freeze knocked out operations at a dozen U.S.
Global Freight Slump Deepens At the Start of 2023
Global freight movements continued to dwindle in the first two months of 2023 as manufacturers and distributors struggled to reduce excess inventories and cope with rising interest rates and increased caution among buyers.Container flows fell further in January and February compared with the same months a year earlier, showing the inventory-liquidation cycle was not over yet:Singapore’s seaborne container shipments were down 6% in February compared with a year earlier…
US Firm Says Mexican Authorities Illegally Seized Its Port Terminal
U.S. construction materials firm Vulcan Materials Co said on Monday that Mexican security forces illegally took possession last week of its port terminal in southern Mexico, as an extended legal battle over its nearby limestone mining activities plays out.The incident took place last Tuesday night at the terminal in the popular tourist hub of Playa del Carmen, and follows a five-year fight with the…
Samskip to Operate 'Zero-emission' Hydrogen-powered Containerships
Shipping and logistics company Samskip said it is “venturing into zero-carbon, emissions-free shipping” through the operation of two hydrogen powered, autonomous-ready vessels from Indian shipbuilder Cochin Shipyard Ltd.The containerships were ordered by marine robotics specialist Ocean Infinity for scheduled delivery in 2025 and will be operated under long-term charter by Samskip on its west European routes.
Great Lakes Reports $138.8 Million in New Dredging Contracts
Great Lakes Dredge & Dock Corporation, the largest provider of dredging services in the United States, announced the receipt of several major dredging awards totaling $138.8 million.The awarded work includes Trujillo Alto Design and Build for the Lago Loiza (Carraízo) Dredging Project (Maintenance, Puerto Rico, $93.1 million); Townsends Inlet to Cape May Inlet Project (Coastal Protection, New Jersey…
Abandoned Tug Sinks Near Seattle
A derelict tugboat began taking on water and sank Monday morning in Salmon Bay near Ballard in Seattle.The vessel, which had been abandoned for a number of years, was moored at a dock just east of the Hiram M. Chittenden Locks and tied off to two additional abandoned vessels at the time of the incident.The other vessels have been secured and do not present a hazard to maritime traffic, according to the U.S.
Valeura Energy Completes Modification of MT Jaka Tarub Vessel for Wassana Offshore Oil Field
Oil and gas company Valeura Energy said Monday that modifications to the MT Jaka Tarub crude oil storage vessel were complete, making the vessel compatible with…
Optimarin Expands into China to Boost BWTS Availability for Shipbuilders
Optimarin is setting up a manufacturing base in China to boost the availability of its ballast water treatment system (BWTS) for the Asian shipbuilding market. It also targets further retrofits of the existing fleet.The Norwegian BWTS supplier is now pursuing partnerships with several Chinese suppliers to focus on high-quality production of BWTS components at a reasonable cost for delivery to regional yards…
Sempra Reaches FID on Port Arthur LNG Plant's Phase 1
U.S. power and gas utility Sempra Energy said on Monday the first phase of its proposed Port Arthur liquefied natural gas (LNG) export terminal received the financial greenlight to move ahead with investment firm KKR & Co agreeing to a minority stake in the project.Though KKR's investment was not disclosed, an infrastructure fund managed by it will buy a 25% to 49% indirect, non-controlling interest in the project.
Chevron-chartered Tanker Collides with Sanctioned Vessel in Venezuela
A Liberia-flagged oil tanker chartered by Chevron Corp had a minor collision with another vessel, the Bueno, in Venezuelan waters on Sunday, according to sources…
Headwinds for the Poseidon Principles
The Poseidon Principles provide a platform for financing shipping’s sustainable future, but the technical guidance underpinning the initiative remains under scrutiny.In July 2023, the International Maritime Organization’s Maritime Environment Protection Committee (MEPC) will consider revising the UN agency’s strategy on greenhouse gas emissions from ships. Moving on from a current target to reduce CO2 emissions from ships by at least 50% by 2050…
Event: Fastener Fair USA - Nashville, May 2023
Fastener Fair USA is back, taking place at Music City Center in Nashville, TN from May 16-17, 2023. This year's event promises to be bigger and better than ever, with new exhibitors, industry-leading products, and a range of educational and networking opportunities.Fastener Fair USA is a unique opportunity for members of the entire fastener supply chain to connect, network, and learn about the latest trends, products, and technologies in the industry.
Philippines Finds Sunken Fuel Tanker 3 Weeks after Spill
A leaking fuel tanker that sank off the central Philippines three weeks ago has been found using an underwater robot from Japan, a provincial governor said on Tuesday, as authorities sought more foreign help to address the oil spill.The discovery of MT Princess Empress, which was carrying about 800,000 liters (211,338 gallons) of industrial fuel oil when it capsized on Feb. 28 and eventually sank, was deemed crucial in stopping the spill, which reached shorelines in three provinces.
Stolt Tankers Buys Tanker Pair for Caribbean Trade
Stolt Tankers acquired two 15,000 dwt stainless steel chemical tankers built in 2018 and 2019 respectively. The ships will be named Stolt Condor and Stolt Tucan, joining Stolt Tankers’ Inter-Caribbean service (SNICS) improving Stolt Tankers’ service offering and capability for customers in the US Gulf and Caribbean markets. Stolt Tankers expects to take delivery of the vessels in Q2 2023.While the price was not revealed…
