GSI Claims Lead in Orders for LNG Dual-Fuel PCTCs
Guangzhou Shipyard International (GSI), part of China State Shipbuilding Corp, has recently taken the lead in orders LNG dual-fuel pure car truck carriers (PCTCs), reports China Daily.The company now has contracts to build 25 PCTCs after a recent contract signing for three 8,600 ceu dual-fuel PCTCs for an unnamed Asian company. Other orders include three 7,000 ceu dual-fuel PCTCs with Guangzhou Yuanhai Automobile Shipping and three LNG dual-fuel 7…
C-Innovation Opens New Facility in Port Fourchon
C-Innovation, an affiliate of Edison Chouest Offshore (ECO) and its family of companies, announced the opening of its new facility in Port Fourchon, La. The expansion provides an additional dock facility for subsea inspection, maintenance and repair (IMR) and riserless light well intervention (RLWI) services.The new facility offers vessel loading, project system integration testing (SIT), mobilization and demobilization services for the subsea market.
Callan Marine Adds New Cutter Suction Dredge
Galveston, Texas based Callan Marine has added a new cutter suction dredge to its fleet.The new dredge General Marshall was constructed by DSC Dredge beginning at Poplarville, Mo., and completed construction at Reserve, La., before being launched at the Kennedy Shipyard in Galveston.At 194 feet long and 41 feet wide, with an 18-inch suction and discharge diameter, General Marshall is equipped with a total of 3…
India and China Snapping Up Russian Oil Above Price Cap
India and China have snapped up the vast majority of Russian oil so far in April at prices above the Western price cap of $60 per barrel, according to traders and Reuters calculations.That means the Kremlin is enjoying stronger revenues despite the West's attempts to curb funds for Russia's military operations in Ukraine.A G7 source told Reuters on Monday the Western price cap would remain unchanged for now…
Ince to Seek Sale After Creditor Bows Out
Legal and professional services firm Ince Group Plc plans to enter administration and pursue a sale of the company, it said on April 12, amid cash concerns and repeated delays in reporting its financial results.Ince's directors applied to London's High Court on April 12 to appoint administrators under UK insolvency law in relation to the company and four subsidiaries, court filings show.Trading in Ince on London's Alternative Investment Market was suspended from Jan.
Green Yard Kleven Lands Another Retrofit Project with Brazilian Offshore Vessel Owner
Norwegian shipyard Green Yard Kleven AS has secured a retrofit project with Brazilian offshore vessel owner Oceanica.This is the fourth contract signed with the same shipowner that includes the reactivation and rebuilding of offshore ships bought from Norwegian shipowners.The vessel, named Oceanicasub X, is a 78-meter anchor handling vessel which will be rebuilt for operations off the coast of Brazil.
CMA CGM Offers $5.5 Billion for Bollore Logistics Unit
French shipping group CMA CGM is offering 5 billion euros ($5.48 billion) for the logistics unit of Bollore, the family-run conglomerate said on Tuesday.For Bollore a deal would mean cutting ties with its biggest business while offering cash-rich CMA CGM a chance to bolster its bid to offer end-to-end transportation services and supply chain management.The business posted more than 7 billion euros in revenue last year and has 15,000 employees.News of the indicative offer, made on a cash free and
Norway Parliament Asks for CCS Alternative to Decarbonize Major LNG Plant
Norway's parliament on Tuesday told the government to consider an alternative way to cut carbon emissions at Western Europe's largest liquefied natural gas (LNG) plant, but stopped short of outright halting a controversial plan to use power from land. Oil firm Equinor and partners are seeking approval to replace the use of gas at the plant with power from the national grid, and thus reduce its emissions. The site is one of Norway's largest single emitters of carbon dioxide.
Crewmember Medevaced from Pipelay Barge in US Gulf
An ailing crewmember was medevaced from an offshore pipelay barge in the U.S. Gulf of Mexico on Monday, the U.S. Coast Guard said.The Coast Guard said its watchstanders at Sector Houston-Galveston received a medevac request relay from Coast Guard District Eight at 6:45 a.m. stating a 42-year-old crew member aboard the 265-foot-long DLB Super Chief was experiencing seizures. Watchstanders consulted with the duty flight surgeon…
Norway Crude Mops Up in Europe as Russia's Urals Heads East
The clear winner in the race to replace Russian oil at Europe's refineries is Norway's Johan Sverdrup crude, according to Refinitiv Eikon data and traders.Johan Sverdrup was launched in 2019, making it a relative newcomer compared to Russia's Urals grade.Initially sold mostly to Asia, an EU ban on Russian seaborne oil imports imposed in December has opened up the European market where the medium sour grade has become a primary feedstock for refiners in countries such as Germany…
Ship Inspections Resume under Ukraine Grain Deal
Inspections of ships moving grains from Ukraine have restarted after a pause which threatened to shut down the Black Sea shipping corridor, the RIA news agency cited the Russian foreign ministry as saying on Tuesday. A ministry official quoted by RIA blamed Monday's interruption on Ukraine's failure to observe agreed procedures but said the issue has been resolved. Kyiv said on Monday the U.N.-brokered…
CIMC Raffles to Build 2nd Offshore Wind Turbine Installation Vessel for Havfram Wind
Offshore wind installation firm Havfram Wind has ordered a second Wind Turbine Installation Vessel (WTIV).This is the first optional vessel ordered under the existing shipbuilding contract with China's CIMC Raffles.The vessel design will be similar to the first GustoMSC NG20000X Jack-Up vessel currently under construction. "The latest battery hybrid drive train technology is incorporated in the design…
Survey: 28% of Seafarers Were Charged Illegal Recruitment Fees
New research has found that of almost 5,000 seafarers surveyed, almost 40% have experienced at least one form of unethical or illegal action in violation of international standards relating to worker rights either during the recruitment process or while working at sea.The research report was published by the Institute for Human Rights and Business and Sustainable Shipping Initiative and is based on…
MOL's Second LNG-Fueled Ferry Enters Service
Mitsui O.S.K. Lines (MOL) has announced that the second of Japan's first two LNG-fueled ferries, the Sunflower Murasaki, has entered service.The vessel is owned by MOL and operated by its group company Ferry Sunflower. The vessel is a sister ship to the Sunflower Kurenai, which began operation in January, and will sail the Osaka-Beppu route between Sunflower Ferry Terminal (Osaka) and Beppu International Tourist Port (Oita) as a replacement for the existing vessel Sunflower Cobalt.The 17…
Norden Offers Carbon Inset Tokens
Danish bulk shipping company Norden has partnered with 123Carbon and its partners, AllChiefs and Verifavia, to commence offering carbon inset tokens through 123Carbon’s newly developed platform.With the platform, Norden will now be able to tokenise CO2-equivalent reductions made on biofuel voyages and allocate them to industry customers who are looking to reduce their maritime Scope 3 emissions.The platform supports auditing companies like Verifavia…
