US Buyer Scoops Pyxis Product Tanker for $40.75 Million
Greek shipping company Pyxis Tankers announced it has agreed to sell the vessel Pyxis Epsilon, a 2015 built 50,295 dwt. product tanker, for a sale price of $40.75…
Pope Says Impeding Migrant Rescues at Sea is 'Gesture of Hate'
Pope Francis said on Friday that migrants who risk drowning at sea "must be rescued" because doing so was "a duty of humanity" and that those who impede rescues commit "a gesture of hate".Francis, 86, spoke at an inter-religious prayer service before a monument dedicated to those lost at sea. Earlier, the city's archbishop, Cardinal Jean Marc Aveline, an Algerian-born Frenchman, criticized politicians…
Two New Members Join SAFE Boats Board of Directors
Bremerton, Wash. based boatbuilder SAFE Boats International announced that retired Vice Admiral William “Dean” Lee and Tom Norton have joined its board of directors.Vice Admiral Lee served in the U. S. Coast Guard for more than 36-years, most recently serving as the Commander, Atlantic Area (LANTAREA), responsible for all Coast Guard operations from the Rocky Mountains to the Arabian Gulf. During his service to the Nation…
Next-Gen Naval Defense: Laser Weapon System Takes Aim at Drones, Missiles and More
Laser Weapon Demonstrator (LWD) trials onboard the German frigate Sachsen have successfully been completed, following on from the integration of the LWD in June 2022, MBDA, a multi-national European group specializing in the field of complex weapon system.The High-Energy Laser Naval Demonstrator Working Group (or ARGE), consisting of MBDA Deutschland GmbH and Rheinmetall, is responsible for development and construction of the LWD…
Ship with Ukraine Grain Back in Turkey under "Humanitarian corridor"
The cargo ship "Resilient Africa" arrived off Turkey's Bosphorus Strait on Thursday, the first vessel loaded with grain from Ukraine to sail in and out of the Black Sea using a temporary corridor.
Edda Wind Secures Further Work for Edda Passat SOV
Norwegian offshore wind vessel owner Edda Wind has secured a contract for its service operation vessel Edda Passat.The Edda Passat SOV has operated for Ørsted at Race Bank Offshore Wind Farm since it was built in 2018, and the charter is expiring in October 2023.Edda Wind said Friday that it had entered into an agreement with Vestas for a short-term charter for the majority of the fourth quarter including options at rates "significantly above" the previous contract.
U.S. Judge Orders Expansion of Gulf of Mexico Oil Lease Auction
A federal judge in Louisiana has ordered an expansion of next week's sale of oil leases in the Gulf of Mexico, saying the Biden administration must include additional acreage, according to a court ruling issued late on Thursday.The oil and gas industry, which had sued the administration, welcomed the decision to restore 6 million acres to the auction after the Interior Department's Bureau of Ocean…
Singapore Reigns Supreme in International Shipping Center Development Index
For the 10th year in a row, Singapore ranks first in the Xinhua-Baltic International Shipping Center Development Index (ISCDI) Report.Published jointly by the Chinese state news agency, Xinhua and global maritime data provider Baltic Exchange, the report lists Singapore as the global leading maritime center, followed by London and Shanghai.The island nation scored 95.32 out of a possible 100 points…
Three More Ships Head Towards Ukrainian Ports for Food Exports
Three new cargo ships are heading towards Ukrainian Black Sea ports for further food exports, Deputy Ukraine's Prime Minister Oleksandr Kubrakov said on Friday."Bulk carriers AZARA, YING HAO 01, ENEID
Nexans Aurora 2.0: Ulstein Verft to Build Another High End Cable Layer for Nexans
Nexans Marine Operations and the Norwegian shipbuilder Ulstein Verft have entered into a contract for the construction of a large DP3 cable-laying vessel, which will be an updated version of the Nexans Aurora vessel, delivered in 2021.The vessel is an ST-297 CLV design by Norway-based Skipsteknisk.Pascal Radue, Nexans EVP Generation & Transmission said:"We awarded the contract for a new vessel to Ulstein after an extensive tendering process…
Shapoorji Pallonji Energy Unveils 'Sterling Streamline' FPSO Hull Design
Shapoorji Pallonji Energy Pvt Ltd (SPE), on Friday unveiled a new generation of its standardized newbuild Hull concept design for large FPSOs called Sterling Streamline."SP Energy, India’s sole specialist in designing, building, owning and operating Floating Production Storage and Offloading (FPSO) units, is developing this new hull design that it believes would be an appropriate off-the-shelf solution for the offshore industry…
Petronas, MISC, MOL Looking to Create LCO2 Carrier Joint Venture
Petronas CCS Ventures, a subsidiary of the Malaysian oil and gas giant Petronas has signed a term sheet with Mitsui O.S.K Lines, Ltd. (MOL) and MISC Berhad for the potential incorporation of a joint venture entity to invest in developing and monetising Liquefied Carbon Dioxide (LCO2) carriers for Carbon Capture and Storage (CCS) projects in Malaysia. The parties have agreed in principle on the key…
Britain's Princess Anne to Open £420M Aberdeen Port Expansion Project
Britain's Princess Anne will on Friday officially open Port of Aberdeen’s £420 million South Harbor expansion project on Friday. The project is expected to catalyze a multi-billion-pound economic and job boost for Scotland.According to a press release issued by the port, independent analysis forecast that when the expanded Port of Aberdeen reaches its full potential the port’s Gross Value Added contribution will jump 60% to £2.4 billion and increase the number of jobs supported by 45% to 17…
First Big Grain Ship Leaves Ukraine's Black Sea Port
The first big ship carrying grain from a Ukrainian Black Sea port has set sail since Moscow quit a deal in July to allow exports, a Ukrainian deputy prime minister said on Friday…
