Singapore Completes First Methanol Bunkering
Maersk and Hong Lam Marine have conducted the world’s first ship-to-container ship methanol bunkering operation of a Maersk’s container vessel at the Raffles Reserved Anchorage in Singapore.This was also Singapore’s first methanol bunkering and it was conducted with the support of the Maritime and Port Authority of Singapore (MPA), government agencies and research institutes.Maersk’s container vessel…
Hybrid Research Vessel Delivered to University of Vermont
Derecktor Shipyards NY in Mamaroneck, N.Y. announced it has delivered a new hybrid research catamaran to the University of Vermont (UVM). The innovative vessel, Marcelle Melosira, will serve as a floating classroom and laboratory, enabling advanced research operations and hands-on educational programs.Designed by Chartwell Marine and built in collaboration with UVM and Chartwell, the 64-foot research…
Keppel Profit Soars on One-off Gain from O&M Unit Sale
Singapore's Keppel Corp KPLM.SI on Thursday reported a more than seven-fold jump in its first-half profit boosted by a one-off gain from the sale of its offshore and marine (O&M) unit and strong performance from the infrastructure business.Keppel sold its offshore and marine business in February for S$4.50 billion ($3.40 billion) to Sembcorp Marine, recognising a gain of S$3.3 billion, as it aims to…
Car Carrier Still Burning off Dutch Coast as Hunt for Cause Begins
A burning car carrier was drifting off the Dutch coast on Thursday, the coastguard said, a day after the Panamanian-registered ship caught alight, causing the death of an Indian crew member and injuring several others.The 199-metre (653 ft) Fremantle Highway caught fire overnight Tuesday and several of the 23 crew jumped overboard to escape the flames and were rescued by the Dutch coastguard.The coastguard said on its website Thursday the cause of the fire was unknown, but an emergency responder
NATO Boosts Black Sea Surveillance
NATO said on Wednesday it was stepping up surveillance of the Black Sea region as it condemned Russia's exit from a deal assuring the safe passage of ships carrying Ukrainian grain.The announcement came after a meeting of the NATO-Ukraine Council, a body established earlier this month to coordinate cooperation between the Western military alliance and Kyiv."Allies and Ukraine strongly condemned Russia’s…
Fincantieri H1 Net Loss Shrinks to €22 Million
Italian shipbuilder Fincantieri posted a first-half net loss of €22 million ($24.35 million) shrinking it from €234 million a year ago, helped by one-off items of €33 million, the group said on Wednesday.The Trieste-based vessel maker reported a half-year backlog at 22 billion euros, with 88 ships to be delivered up to 2029."The core business has an encouraging outlook, with the cruise sector fully recovered in its long-term growth path, potential new opportunities in defence both in Italy and a
Crossing Death's Door Daily
Washington Island Ferry Line (WIFL) has been the essential link between the residents, business and visitors of Washington Island and Wisconsin's Door Peninsula for more than eight decades.Picturesque and peaceful Door County isn't named for some intrepid settlers named Door. The name has a more ominous meaning. It's derived from the treacherous passage between the peninsula and Washington Island that mariners called Porte des Mortes…
Obscure Traders Ship Half Russia's Oil Exports to India, China After Sanctions
A Liberian-flagged oil tanker set sail in May from Russia's Ust-Luga port carrying crude on behalf of a little-known trading company based in Hong Kong. Before the ship had even reached its destination in India, the cargo changed hands.The new owner of the 100,000 tonnes of Urals crude carried on the Leopard I was a similarly low-profile outfit, Guron Trading, also based in Hong Kong, according to…
More than 20 Dead as Boat Capsizes Near Philippine Capital
The Philippine Coast Guard (PCG) was racing against time to rescue more passengers from a vessel that capsized near Manila in strong winds on Thursday with the loss of at least 25 lives, officials said.It was not immediately clear how many people were on board, but disaster official Neil Ferrer told DZRH radio that 40 people had been rescued and a search is ongoing for six missing people.Members of the coast guard were seen pulling a body of what looked like a woman without a life vest from chop
Excessive Speed Leads to Tugboat Collision with Containership -NTSB
Excessive speed during an advanced harbor-assist maneuver led to a tugboat colliding with a containership in the Houston Ship Channel last year, the National Transportation Safety Board (NTSB) said Wednesday.The tugboat George M and containership MSC Aquarius collided on April 14, 2022, while the tugboat was positioning for a ship-assist maneuver and the containership was transiting north in the Houston Ship Channel. No injuries were reported.
Why Ammonia Is the Fuel of the Future for Maritime Shipping
Commercial maritime shipping has a fuel problem. While the industry has cemented its position as the essential piece of the global supply chain—moving more than 80% of all international goods by volume—its dependence on carbon-emitting fuel has come with a high cost.Maritime shipping is responsible for roughly 3% of all greenhouse gas emissions, according to the International Maritime Organization.
Contracting of Product Tankers Jumps
The product tanker orderbook to fleet ratio has surged from 5.4% in December 2022 to 9.3% in June 2023, driven by a remarkable 337% y/y rise in contracting during the first half of this year.“A spike in freight rates and product tanker demand is likely behind the surge in contracting,” says Filipe Gouveia, Shipping Analyst at BIMCO.By June 2023, product tanker contracting reached 8.9 million DWT. This…
US Invests Nearly $10 Million to Advance Marine Energy
The U.S. Department of Energy (DOE) has announced nearly $10 million for seven projects that will accelerate development and testing of marine energy technologies. These investments advance research on wave-powered technology for use in seawater desalination and support a feasibility study for a potential ocean current test facility. “Marine energy technologies have incredible potential to provide clean electricity as well as clean water…