A Quiet Week in Chattogram, Says GMS
As the Bangladeshi budget of June 1 starts to be digested in full, it has been a quieter week in Chattogram for ship recycling as local banks and recyclers evaluate the outcome to ensure no unexpected surprises emerge, before committing afresh on tonnage.Thus far, none seem to be reported, says GMS, so it should be a busier time for sales and activity from next week. However, this time of year is typically…
Hydrex Conducts Underwater Stern Tube Seal Repair in Algeciras
Last month, a Hydrex diver team carried out an underwater stern tube seal repair on a ro-ro ship berthed in Algeciras, Spain.The ship was suffering from an oil leak, making an on-site repair necessary. Using a Hydrex flexible mobdock, the team was able to carry out the entire operation on-site and underwater, saving the owner an expensive and time-consuming trip to drydock.Once the operation was approved…
Shipping's Uptake of Biofuels Likely to be Challenged by Scarcity of Supply
DNV's latest white paper “Biofuels in shipping” finds that the flexibility of biofuels can enable the shipping industry to accelerate its journey towards decarbonization, but current limitations in production capacity may impact short-term supply and create stiff competition with other sectors.The current global production capacity of sustainable biofuels is around 11 million tonnes of oil equivalent (Mtoe) per year.
US Coast Guard Warns on Open Flames and Hidden Hatches
The US Office of Investigations and Casualty Analysis Commandant has released US Coast Guard Marine Safety Alert 07-23, Critical Insight from Ongoing Investigations into Small Passenger Vessel Fires.The Safety Alert was prepared in response to multiple ongoing investigations being conducted by the U S Coast Guard and the National Transportation Safety Board (NTSB) into fires onboard two certificated small passenger vessels.
Amogy Increases Series B Round to $150 Million
Brooklyn, N.Y. based startup Amogy on Monday announced it has raised more funds to help it commercialize and begin manufacturing its emissions-free ammonia-to-power technology for marine and industrial applications. The company aims to bring its first product to market in 2024.Amogy said its Series B-2 fundraising was joined by Marunouchi Climate Tech Growth Fund, Mitsubishi Corporation, Mitsubishi Heavy Industries America and Synergy Marine, raising $11 million.
Retailers, Manufacturers Urge White House to Mediate in West Coast Ports Labor Dispute
Groups representing major retailers and manufacturers urged the White House on Monday to intervene in contentious West Coast port labor negotiations, citing worries about shipping disruptions during critical holiday shopping seasons.The call came after the largest terminal at Southern California's Port of Long Beach closed on Monday as dock workers rally for better pay. Monday's closure followed similar disruptions on Friday in Oakland…
Ports in China's Oil Hub Shandong Scrutinizing Old Tankers
Ports in China's Shandong province are demanding more detailed information about oil tankers that are more than 15 years old that call at their terminals, sources with knowledge of the matter said, potentially delaying the unloading of crude shipments in the world's biggest oil importer.Last week, the maritime safety administrations at Qingdao and Rizhao, which covers the oil terminals at the port of Lanshan…
Baltic Dry Index Snaps 16-day Losing Streak
The Baltic Exchange's main dry bulk sea freight index rose for the first time in 17 sessions on Monday, buoyed by an uptick in the larger capesize and panamax vessel segments.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels ferrying dry bulk commodities, gained 20 points, or 2.2%, to 939.The capesize index added 62 points, or 5.6%, at 1,178, after posting its biggest weekly percentage fall in almost four months last week.Average daily earnings for cap
Iranian Boats 'Harass' Merchant Ship in the Strait of Hormuz
U.S. and British naval forces on Sunday came to the aid of a commercial ship that was "harassed" by the Iranian Islamic Revolutionary Guard Corps Navy in the the Strait of Hormuz, the U.S. Navy said.Civilian crew aboard the merchant vessel reported three Iranian fast-attack craft with armed personnel approached and followed their vessel at close distance while it transited the narrow strait. The radio distress call was made at 4:56 p.m. local time.U.S.
Powering the North American Maritime Fuel Transition
Offshore service vessels, along with workboats serving harbors and inland rivers, have embarked on an industry-wide voyage toward reduced emissions of greenhouse gasses. Professor Craig Philip, a faculty member with Vanderbilt University’s Center for Transportation and Operational Resilience (VECTOR) and former CEO of Ingram Barge Company, provides this context: “The Maritime Sector has long provided shippers with the most fuel-efficient and sustainable freight transport option…
UAE Stops Taking Part in US-led Gulf Maritime Coalition
The United Arab Emirates said on Wednesday it was no longer taking part in operations by a U.S.-led task force protecting Gulf shipping, which has been subjected to renewed tanker seizures by Iranian naval forces in recent weeks.The UAE was responding to a Wall Street Journal report on Tuesday which, citing U.S. and Gulf sources, said the Gulf state was frustrated by the lack of U.S. response to recent…
US West Coast Port Labor Unrest Continues Amid Pay Quarrel
The largest terminal at Southern California's Port of Long Beach closed on Monday as dockworkers who have been working without a contract since July rally for better pay.The Port of Long Beach is the second-busiest U.S. container terminal and a key trade gateway. Monday's closures followed similar disruptions on Friday in Oakland, California.Total Terminals International LLC (TTI) in a notice to customers said all appointments were canceled for the first gate shift.
OOCL Takes Delivery of a 24,188 TEU Ultra-large Containership
Hong Kong-based shipping line OOCL announced it has taken delivery of another ultra-large containership The 24,188 TEU vessel OOCL Piraeus is the first in the series of six container vessels to be delivered by Dalian Cosco KHI Ship Engineering Co., Ltd. (DACKS).OOCL placed an order for a total of twelve 24,188 TEU container vessels in 2020. Of this set of 12, OOCL Piraeus is the second vessel to be…
Austal Delivers High-speed Catamaran to Degage Group in French Polynesia
Austal Vietnam has delivered a new high-speed catamaran to the Degage Group of French Polynesia. The 66-meter Apetahi Express completed a series of sea trials off the coast of Vung Tau in May 2023 and is now preparing for its maiden voyage to French Polynesia. The ferry is anticipated to commence operations between Pape’ete (Tahiti) and Vaitape (Bora Bora) in French Polynesia in July 2023.The new Austal Passenger Express 66 catamaran features a length overall (LOA) of 66.4 meters…
Oil Exports from Russia's Western Ports Hit 4-year Record
Russia's seaborne oil exports from Primorsk, Ust-Luga and Novorossiisk hit 4-year record of 2.4 million barrels per day (bpd) in May as domestic refineries maintenance season freed up extra barrels, Refinitiv Eikon data showed on Monday.Russia's oil exports have been growing steadily over the last couple of months even though the state pledged additional cuts in line with OPEC+ members. Saudi Arabia…
WinGD and Mitsubishi Shipbuilding Sign MoU for Ammonia Collaboration
Swiss marine power company WinGD and Japanese shipbuilder and technology developer Mitsubishi Shipbuilding Co., Ltd. have signed a memorandum of understanding to enter into a partnership on ammonia-fuelled vessels.The project will see WinGD applying its X-DF-A ammonia-fuelled engines to a range of vessel designs, with Mitsubishi both designing the vessels and completing the fuel chain with its ammonia fuel supply system (AFSS).Manabu Kawakado…
AD Ports and Crystal Offshore Sign Deal to Set Up Offshore Rig and Vessel Repair Base in Abu Dhabi's Khalifa Port
Abu Dhabi-based AD Ports Group has signed a 25 years agreement with Singapore-based Crystal Offshore a logistics solution provider to the marine & offshore Industry to build an offshore rig and vessel repair base in Abu Dhabi's Khalifa Port.Under the agreement, a 20,000 square meter plot of land and an associated quay wall in Abu Dhabi's Khalifa Port will be allocated for Crystal Offshore to construct a base…
Greek Police Seize 161 Kilos of Cocaine Hidden in Banana Containers
Police in northern Greece have seized dozens of packages of cocaine stashed in containers laden with bananas that had been shipped from Latin America, they said on Saturday. Police seized two suspect containers at the port of Piraeus and, after taking them to the port of Thessaloniki, found 100 "bricks" of concealed cocaine, weighing 161 kilos. The drugs, which would have been distributed across Greece and other European countries, are estimated to be worth about 3.2 million euros, police said.
Egypt Tows Away Stranded Oil Tanker in Suez Canal
An oil tanker that suffered engine failure in Egypt's Suez Canal, briefly disrupting traffic in the vital waterway, has been towed away, the canal's authority said on Sunday.
Sanmar Shipyards Delivers First ABS-classed Battery Electric Tug to HaiSea Marine
Sanmar Shipyards delivered its first battery electric tug to ABS class for Canada-based HaiSea Marine, a joint venture partnership between the Haisla First Nation and Seaspan ULC.The HAISEA WAMIS harbor tug, the first in its ElectRA 2800SX series, will be part of a fleet of harbor and escort tugs providing services to LNG Canada’s future terminal in British Columbia and is equipped with two steerable…
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