British Navy Seizes Smuggled Iranian Weapons in Gulf
Britain's Royal Navy said on Thursday it had seized Iranian weapons, including anti-tank guided missiles, last month from a smugglers vessel in international waters in the Gulf of Oman.Britain said the vessel was detected travelling south from Iran at high speed during the hours of darkness by an unmanned U.S.
Schmidt's Newly Refitted Research Vessel Falkor (too) Launched
Schmidt Ocean Institute announced that its newly refitted research vessel has been launched and is ready to be used by scientists worldwide to push the frontiers of deep sea expedition.Funded by Schmidt Ocean Institute founders Eric and Wendy Schmidt, the 110-meter global-class research ship, Falkor (too), was refit at Freire Shipyard in Vigo, Spain, with sea trials taking place off Puerto Rico. It…
EU Backs Project to Minimize Methane Slip from Marine Engines
A consortium has secured European Union funding to develop solutions minimizing methane slip from marine engines, advancing the environmental and climate benefits of liquefied natural gas (LNG) as a ship fuel.Coordinated by VTT Technical Research Centre of Finland, the Green Ray project brings together several companies from across the shipping value chain: shipyard Chantiers de l’Atlantique, ship owner CMA CGA…
DP World Invests $35 Million in Port of Santos
DP World announced it will invest $35 million in 2023 to expand and modernize its facilities on the left bank of Brazil’s Port of Santos.With the investment, the company plans to increase annual movement capacity from 1.2 million TEUs to 1.4 million TEUs and expand the size of the quay from 1,100 meters to 1,300 meters. The terminal currently inhabits 845,000 square meters, with an additional 130,000…
CMA CGM Expects Marked Slowdown Will Continue in 2023
CMA CGM expects the marked slowdown seen in the fourth quarter of 2022 to continue in the current year, the French transport and shipping group said on Friday, citing inflationary pressures weighing on consumption.The company based in Marseille and privately controlled by the founding Saade family, said it expects balance between supply and demand to remain challenging in 2023, as capacity is expected to increase in both maritime shipping and air freight.Demand prospects seem uncertain, CMA CGM
Virtual Marine Expands Representation in Australia and New Zealand
Canada-based marine simulation training firm Virtual Marine Technology Inc. announced it has signed a strategic market representation agreement with New Zealand's Global Marine Technical Services (GMTS), extending its in-country coverage to Australia and New Zealand. The deal includes representation for Virtual Marine’s products within New Zealand and Australia, as well as other areas in the Indo-Pacific region.With a range of desktop to full mission motion systems…
PowerCell to Deliver World’s Largest Marine Hydrogen Fuel Cells
Hydrogen fuel cell supplier PowerCell announced it has signed an agreement to deliver hydrogen fuel cells to two ships operating on Norway's longest ferry route. The order has a value of €19.2 million, and represents the largest non-combustion fuel propulsion project to date in the global marine industry, the company said.PowerCell will work to deliver the solution with Norwegian systems developer and integrator of low- and zero-emission marine solutions SEAM…
Baltic Dry Index Rises for Second Week
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, climbed to a two-month peak on Friday, as well as marked its second straight weekly rise, supported by improving demand for capesize and panamax vessel segments.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, rose 66 points, or 5.8%, to 1,211, its highest since January 3.The main index rose about 37.2% for the week.Among other vessel segments…
MMA Offshore's Vessel Trio Nets Offshore Wind Contracts in Taiwan
Australian offshore support vessel owner MMA Offshore said Friday it had secured three contracts supporting offshore wind farm developments in Taiwan during 2023.The three contracts, with firm periods totaling 370 days, will increase the company’s contracted revenue by a total of approximately A$30 million (currently USD 20,2 million) and could provide additional revenue of approximately $15 million from 180 days in additional option periods.In March 2023…
Oil Spill from Sunken Tanker Threatens Marine Ecosystems in the Philippines
Environment and disaster authorities in the Philippines rushed to contain an oil spill on Friday from a sunken fuel tanker that has reached coastal towns on a large central island, warning of dangers to marine ecosystems if more oil leaks. The tanker, MT Princess Empress, was still missing on Friday after sinking en route to Iloilo province carrying about 800,000 litres (211,338 gallons) of industrial…
27m CTV Hybrid Selected by HST Marine
BMT said its StratCat 27 CTV design has been selected by HST Marine, a Purus Company, as one of its CTV vessel designs for the expanding European offshore wind market. Built by Strategic Marine, four hybrid StratCat 27 Crew Transfer Vessels (CTVs) will be delivered in the first half of 2023. This quartet of deliveries will be the first parallel hybrid propulsion CTVs to be built in Asia. The CTVs are…
Edda Wind Orders Four CSOVs from Fincantieri's Vard
Italian shipbuilder Fincantieri, through its subsidiary Vard, has signed a contract with offshore wind vessel operator Edda Wind, for the construction of four Commissioning Service Operation Vessels (CSOV). The first two vessels are expected to be delivered in Q1 2025, the third in Q2 2025, and the fourth in Q1 2026. The contract has a total value of approximately $250 million, Fincantieri said.Edda Wind has also secured options for 2+2 additional CSOVs at the same contract prices…
Markey Machine Hires Atkinson as Business Development VP
Scott R. Atkinson has joined winch and deck machinery manufacturer Markey Machine as vice president of business development. Atkinson’s previous business development roles were at the former Rapp Hydema (now part of MacGregor), AdvanTec Marine and Arctic Storm, as well as through his consulting firm, Jaeger Marine. Prior new business included advances into offshore wind, offshore oil and gas, research vessels…
Israel Urges Brazil to Undock Iranian Warships
Israel on Thursday criticised Brazil's decision to grant berth to two Iranian warships in the face of U.S. pressure, and urged President Luiz Inacio Lula da Silva's government to send them away.The vessels docked in Rio de Janeiro on Sunday. Reuters reported that Brazil had declined to admit them in January, in a goodwill gesture from Lula as he flew to Washington to meet U.S. President Joe Biden.Israel and Iran have been locked in a Cold War-style conflict for decades…
WALLENIUS SOL Names Karle COO
Swedish RoRo shipping company WALLENIUS SOL announced it has appointed Henrik Karle as chief operating officer (COO).with more than 20 years of experience and an extensive track record from the shipping industry, Karle has from 1 March 2023 taken a position on the WALLENIUS SOL management team. He comes from a role as technical manager at the marine insurance company The Swedish Club, and before that he held the position as managing director at AdMare Ship Management.
2M Discontinuation Unlikely to Impact Other Shipping Alliances - Hapag Lloyd
The end of the 2M container shipping alliance between Danish operator Maersk and Swiss-based MSC is unlikely to have a bearing on other alliances, under which groups of carriers cooperate, the head of Germany’s Hapag-Lloyd said on Thursday.“The fact that Maersk and MSC will not continue after the end of 2024 is not a huge surprise as the companies have vastly different strategies,” said CEO Rolf Habben Jansen in a call with analysts.“I don’t think that will have massive effect on the other allia
Design Profile: Glosten's SA-100 Methanol-hybrid Tug
The commercial maritime industry is seeking solutions to improve efficiency and reduce emissions, and a wide range of new solutions are coming to market to answer the call. Among these is a new design for a methanol-hybrid tug from naval architecture and marine engineering firm Glosten. The SA-100, developed in collaboration with systems integrator ABB, is a high-powered tug with 90-ton bollard pull that’s “intended to give operators a means to improve environmental performance…
Bollinger Delivers USCGC Maurice Jester
Bollinger Shipyards announced it has delivered the USCGC Maurice Jester to the U.S. Coast Guard in Key West, Fla.. This is the 178th vessel Bollinger has delivered to the U.S. Coast Guard over a 35-year period and the 52nd Fast Response Cutter (FRC) delivered under the current program.Measuring in at 154-feet, FRCs have a flank speed of 28 knots, state of the art C4ISR suite (Command, Control, Communications…
Ward Leonard Unveils New AC Induction Motor Line
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, introduces the Novo1 motor line by Ward Leonard, the newest AC induction motor line for naval vessels.Described by the manufacturer as "durable" and "reliable", the Novo1 motor line is modular in design, has a commonality of parts, and has a variety of mounting configurations, speeds, and enclosure types available to meet any shipboard requirements.
US LNG Exports Flat Despite Freeport LNG Partial Restart
U.S. exports of liquefied natural gas (LNG) were flat last month at 6.84 million tonnes, shipping data showed on Thursday, even as a long-idled Texas processing facility began shipping the fuel during an ongoing restart.Freeport LNG's Texas plant, the second-largest LNG export facility in the United States, began resuming some processing and export operations in February following an eight-month outage…
