Incat Crowther to Design 60-Meter FSIVs
Incat Crowther has been commissioned by Singaporean shipbuilder Lita Ocean to design three new ABS-Classed monohull fast support intervention vessels (FSIVs) for Zamil Offshore. The new 60-metre FSIVs will assist Zamil Offshore with the efficient and safe transport of cargo, heavy maintenance equipment and personnel for Saudi Aramco’s operations in the Middle East. The vessels will comply with the latest MCVSR requirements from Saudi Aramco…
Ship Recycling Market Surges
After a dire summer that saw over USD 100/LDT wiped off vessel recycling prices in Indian sub-continent ship recycling markets (and even Turkey to an extent), nearly all of the markets have enjoyed an upward resurgence entering the fourth quarter of the year.India has been the primary beneficiary of this recent resurgence with some stunning (container) purchases, some even approaching the USD 600/LDT mark once again, reports cash buyer GMS.
DNV Launches Guidelines for Onboard CCS
DNV has published new guidelines for the safe installation of onboard carbon capture and storage (CCS) system on board ships.Different methods for reducing greenhouse gas (GHG) emissions will be necessary to achieve international, regional, and national emissions targets. Post-combustion CCS on board trading ships is expected to be among these future solutions, especially on vessels where the use of…
C&C Reports Record Demand for Barge Repair
Belle Chasse, La. shipyard C&C Marine and Repair said it is seeing record demand for barge repair work as high steel prices place a damper on newbuild activity.The yard, having recently signed a contract to reside over 200 hopper barges for an unnamed customer, said it is currently delivering refurbished hopper barges at a pace of one per week.“With current steel prices, operators are choosing to repair their existing fleet of barges rather than building new…
Wärtsilä to Supply Engines for Orient Express Silenseas Newbuilds
Wärtsilä announced it will supply its recently introduced Wärtsilä 25DF dual-fuel (LNG) engine for two new sail-assisted luxury cruise ships. The vessels are being built at the Chantiers de l’Atlantique (CdA) shipyard in France for Orient Express Silenseas, part of French hospitality group Accor. There is an option for an additional two vessels.The efficient and environmentally friendly Wärtsilä 25DF engine features a two stage turbocharging system…
The Headwinds of US Offshore Wind Development
On March 29, 2021, President Biden announced his ambitious plan to deploy 30 gigawatts (GW) of offshore wind power – enough energy to power 10 million U.S. homes – by 2030. The plan would leverage authorities under the Department of Interior, Energy, and Commerce to guide “more than $12 billion per year in capital investment in projects on both U.S. coasts, create tens of thousands of good-paying, union jobs…
Skarv Orders Four Short-sea MPVs from Huanghai Shipbuilding
Norway-based Skarv Shipping Solutions announced it has signed a contract with China's Huanghai Shipbuilding for the construction of four 7,000 dwt, low-carbon, multipurpose vessels, with an option for four more.The first vessel will be delivered in the third quarter of 2025, with the others in four-month intervals. Skarv, which will own the ships, is a joint venture between Peak Group and Grieg Edge.The…
EverClean Launches EverClean IQ
EverClean’s “Always Clean” hull management service, which is designed to deliver maximum hull performance for commercial vessel owners, announced the launch of EverClean IQ.EverClean IQ provides EverClean customers with insights into their vessels’ condition below the waterline by harnessing data collected during the cleaning operations. Using multiple sensors and cameras the cutting-edge robot accumulates valuable data on the ships while they are being serviced.
Port of Brownsville Receives $11.5 Million Infrastructure Grant
The Port of Brownsville’s Cargo Dock 3 reconstruction project has secured an $11.5 million grant under the Texas Department of Transportation’s (TxDOT) new Maritime Infrastructure Program.On September 28, the Texas Transportation Commission approved $240 million in funding for Texas ports to help increase trade, improve safety, and provide a more robust supply chain for the state and the nation. The…
WinGD Issues NOL for Chevron's Taro Ultra Advanced 40
Chevron Marine Products’ Taro Ultra Advanced 40 oil has successfully passed NOL (No Objection Letter) requirements by engine manufacturer WinGD. This follows the earlier NOL award for Taro Ultra Advanced 40 from MAN Energy Solutions. This latest test validates the suitability of the oil for use in WinGD engines operating with liquid fuels containing sulphur in the range 0.00<1.50 % m/m, which includes very low sulphur fuel oil (VLSFO).
Horne Named VP of Trades at Newport News Shipbuilding
HII announced David Horne has been promoted to vice president of trades at its Newport News Shipbuilding division.Horne’s promotion comes following the restructuring of trades and human resources and administration from one large organization into two standalone organizations. Xavier Beale will continue as vice president of human resources and administration. Both Horne and Beale will report directly to NNS President Jennifer Boykin.“Each part of this organization is critical to our success…
Israel-bound Cruise Ships Divert to Cyprus
Cruise ships heading to Israel have been diverted to Cyprus, while additional flights were arranged on Monday to repatriate Israelis or assist people wanting to leave Israel, aviation and shipping officials said.A cruise ship docked at Limassol port on Sunday, while a second on Monday, Port Manager Panayiotis Agathocleous told Cyprus's Ant1 TV station. A third was expected during the week, he said."We are ready to offer all assistance…
Baltic Dry Index Hits One-year High
The Baltic Exchange's main sea freight index rose to its highest in a year on Monday, helped by higher rates for capesize vessels.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, climbed 3.2% to 1,991.The capesize index added 176 points, gaining 5.3% to 3,485 - its highest level since May 25, 2022.Average daily earnings for capesize vessels, which typically transports 150,000-tonne cargoes carrying commodities such as iron ore and coal, increased by
Seaspan and AES to Partner on LNG Bunkering in Panama
Seaspan has signed a memorandum of understanding (MoU) with global energy company AES in collaboration mainly aimed at providing liquefied natural gas (LNG) bunkering services to shipping vessels crossing the Panama Canal, as well as exploring options to provide this and similar services in regional markets within the area of influence of the Costa Norte LNG terminal, owned by AES, located in Colón, Panama.
US Committed to Tackling Offshore Wind Challenges -Intelatus
Despite the negative headlines around the longer-term prospects for the U.S. offshore wind segment, business intelligence company Intelatus Global Partners sees continued efforts by the federal government and, in particular, the East Coast states to find solutions to the challenges faced by the industry as whole, which can be grouped under three headings: high inflation, supply chain development and high interest rates.On the side of the federal government…
Van Oord contracts Jumbo Offshore
Jumbo Offshore was contracted by Van Oord for the transport and install of transition pieces for the Baltic Eagle offshore wind project in the German Baltic Sea. Operations on the project are to commence in October 2023.Under the contract, Jumbo Offshore will be responsible for transportation and installation (T&I) of transition pieces from the marshalling yard to the offshore wind farm site. “To date…
"Made in Sicily": $126M RoPax Ferry Ordered
A new ferry, fully owned by the Sicilian Region and entirely "Made in Sicily", will carry out the connection service with Lampedusa and Pantelleria. The President of the Sicilian Region Renato Schifani and the CEO and General Director of Fincantieri Pierroberto Folgiero signed the contract for the construction of a new ferry (Ropax Class A), for a price of almost $126m.“The signing of this contract represents a turning point for connections with the smaller islands of Sicily," said Schifani.
USS Jack H Lucas (DDG 125) Commissioned
DDG 125 is named for Pfc. Jack Lucas, who served in the U.S. Marines during World War II, earning the Medal of Honor for his heroism at Iwo Jima, when he was just 17 years old. He is the youngest Marine, and the youngest service member in World War II, to be awarded the United States' highest military decoration for valor. In 1961, he returned to military service as a captain in the U.S. Army and trained younger troops headed for Vietnam.
Euronav Says Shareholders CMB and Frontline Reach Deal on Acquisition
Belgium's Euronav on Monday said that its two major shareholders CMB and Frontline have reached a deal that would see CMB take control of the oil tanker company and buy its remaining shares.The deal ends uncertainty over Euronav's future, after peer Frontline - controlled by Norwegian-born shipping tycoon John Fredriksen - in January scrapped a $4.2 billion merger plan that would have created the world's…
Argeo Elevates its Game with Argeo Searcher Vessel Upgrade
Oslo-listed offshore service company Argeo said Friday it would upgrade its subsea vessel, Argeo Searcher, to expand its capabilities for the oil and gas subsea market and marine minerals seabed exploration."The vessel upgrade will be carried out at Fjellstrand, a company with a solid track record and experience in this type of projects. The work will be carried out in October 2023 and is fully financed by the vessel owner.
