Turkish Ship Hits Mine in Black Sea, Sustains Minor Damage
A Turkish-flagged general cargo ship hit a mine on Thursday in the Black Sea off the coast of Romania and sustained minor damage but the crew was safe, maritime…
Brahman Express Returns to Port After Engine Room Fire
The livestock carrier Brahman Express suffered an engine room fire and returned to the Port of Darwin, Australia, on Wednesday.The vessel had approximately 3,600…
Åbo Akademi and Meyer Turku Deepen Green Transition Cooperation
The long-standing cooperation between Åbo Akademi and Meyer Turku has been further strengthened with the signing of a partnership agreement.The agreement period is five years and the focus lies initially on Åbo Akademi's Faculty of Natural Sciences and Technology and Meyer Turku's Business Finland funded green transition program NEcOLEAP. An important form of practical cooperation will be the "green transition lab"…
Stakeholders Gather in Copenhagen to Advocate for Safe Ammonia Use
Stakeholders in the shipping industry converged in Copenhagen Wednesday to collaboratively address the paramount safety challenges and best practices essential for integrating ammonia as an alternative marine fuel.The gathering was the inaugural event of a series initiated by the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping, dedicated to fostering a collective understanding and approach towards the intricacies of ammonia safety.Claus Graugaard…
MerlinGroup to Retrofit Vessel with Stage V Engines
Netherlands-based inland shipping company MerlinGroup is starting a conversion project for the Sayonara to retrofit Stage V engines.The Sayonara will be equipped with two DAF MX 13-390 Stage V engines, supplied and fitted by CCM3 from Werkendam. The Sayonara is expected to resume operations on Dutch, Belgian and German rivers in Q4 2023.The retrofit will make it future-ready and able to sail anywhere with minimal emissions of harmful substances.The company…
Stolt-Nielsen Confirms Strong Third Quarter
Stolt-Nielsen Limited has reported unaudited results for the third quarter ending August 31, 2023 including a net profit of $90.1 million with revenue of $694.4 million.This compares with a net profit of $8.3 million, with revenue of $721.9 million, in the second quarter of 2023. The second quarter included an incremental loss provision of $155.0 million (net profit impact of $105 million) related…
US Sets Date for Gulf of Mexico Lease Sale After Court Order
The Biden administration on Thursday said it would hold an auction of oil and gas leases in the Gulf of Mexico on Nov. 8 following a court order to expand the sale.In a statement, the U.S. Bureau of Ocean Energy Management said the sale would offer about 72.7 million acres on the Outer Continental Shelf, including 6 million acres it had withdrawn from the auction in an effort to protect the endangered Rice's whale habitat.Last month, a U.S. appeals court gave the administration until Nov.
Euronav Says CMB Offers to Buy 26% Stake, Shares Surge
Euronav second shareholder Compagnie Maritime Belge (CMB) is offering to acquire Frontline's 26.12% stake in the company for $18.43 per share, which will be followed by a mandatory public offer at the same price, the Belgian oil tanker and storage operator said on Thursday.Shares of Euronav, which were suspended earlier in the day after spiking on media reports about the company going private, jumped…
Gulf Island Settles Lawsuit with Hornbeck Offshore Over MPSV Dispute
Gulf Island Fabrication said Thursday that its subsidiary, Gulf Island Shipyards, had resolved its lawsuit with the U.S. offshore vessel operator Hornbeck Offshore Services relating to the construction of two multi-purpose supply vessels (“MPSV”).Gulf Island Shipyards (GIS) sued Hornbeck Offshore in 2018over what it said was the wrongful termination of two shipyard construction contracts for the final…
Making Hydrogen Work: Demo Project in San Francisco Port
Hornblower Energy LLC, in partnership with the Port of San Franciso, the U.S. Department of Energy and six corporate partners, including Air Liquide and Glosten, is leading a project to demonstrate the feasibility and viability of using hydrogen (H2) as a maritime fuel.The project is located at Pier 68 in San Francisco. DOE selected the project for funding in 2020. It’s supposed to be completed in 2025 but there are important decision dates before then.
Port of Rotterdam Offers 'Substantial' Port Fee Reduction to for Ships that Bunker Sustainable Fuels
Port of Rotterdam said Thursday it would offer "a substantial port fee reduction" for ships that bunker sustainable fuels in Rotterdam, "supporting the recently announced Zero Emissions Maritime Buyers Alliance (ZEMBA) and recognizing front runners in the road to maritime decarbonization."Boudewijn Siemons, COO and CEO a.i. of the Port of Rotterdam: “It is vital that the shipping industry makes the switch to zero-emission fuels.
Thales to Equip Polish Navy's MIECZNIK Frigates with Combat Management System and Sensors
Thales said Thursday it would equip the Polish Navy MIECZNIK (Swordfish) frigates with the TACTICOS combat management system, sonars, infrared sensor, and radars, providing the warships with multiple functions for detection, identification, command and control, and decision-making. The first ship is expected to enter service in 2029 through a strategic program, which incorporates a cooperation agreement…
"Know Your Ship 24 Hours Before You Board" – Damen Delivers Virtual Copy of CSS Den Helder to Dutch Navy
Dutch shipbuilder Damen has delivered a virtual copy of the under-construction Combat Support Ship (CSS) Den Helder, to a branch of the Dutch Ministry of Defense, so the crews can get to know the ship even before it's been delivered to the Royal Netherlands Navy."The new Combat Support Ship (CSS) Den Helder has not yet been delivered, but the crew can already get to know the ship thanks to an extensive Virtual Reality package. [...
Coal Shipments to India fall 9% as Domestic Mining Increases
During the first nine months of 2023, coal shipments to the world’s second-largest importer of seaborne coal, India, fell 9% y/y. A 12% y/y rise in domestic coal mining replaced imports and electricity production continued to rise despite lower production from hydropower. This is according to Filipe Gouveia, Shipping Analyst at BIMCO.To ensure energy supplies, India’s government has pushed for an increase in domestic coal mining.
Milan Prosecutors Push for Fraud Trial Over Failed 2019 Eni Tanker Deal
Italian prosecutors have requested a former senior Eni employee, the now chief of a UK oil firm, and others be sent to trial for allegedly defrauding Eni over the…
How Serious is Russia's Fuel Export Ban and Who Will be Hit?
Russia said on Sept. 21 that it had temporarily banned gasoline and diesel exports to all but four ex-Soviet states in response to domestic shortages, a move that will disrupt global trade that has already had to adjust to Western sanctions on Russian fuel exports.Russia eased some of the restrictions on Sept. 25, saying it would allow the export of bunkering fuel for some vessels and diesel with high sulphur content.
Low Water Hampers Rhine River Shipping in Germany
Low water levels after recent dry weather are preventing cargo vessels from sailing fully loaded on the Rhine river in Germany with surcharges added to the usual freight rates, commodity traders said on Thursday.Low water is hampering shipping on most of the river south of Duisburg and Cologne, including the chokepoint of Kaub, traders said.Some vessels can only transit Kaub about 50% full, depending on ship type…
Japanese Shipping Giant Buys Into Norwegian Floating Wind Firm
Japanese shipping giant Mitsui O.S.K. Lines, Ltd. (MOL) has, following a recent private placement, become a shareholder in Odfjell Oceanwind, a Norwegian floating wind technology developer."The transaction generates significant capital which will be used to further strengthening Odfjell Oceanwind’s position as a global leader and frontrunner in floating offshore wind technologies. Odfjell Technology Ltd.
Diverse Resources in Desperate Times
Offshore services vessels are designed for myriad activities in the maritime industry. But as multifunctional assets, they not only offer utilitarian capabilities that are indispensable for commercial diving, subsea construction, mining, and countless other activities, they can simultaneously serve critical crisis response functions in the aftermath of a disaster.Chaos Ready Inc., a new non-profit marine industry initiative…
