Reach Subsea Partners with Agalas for New IMR/Survey Vessel
Reach Subsea, a Norwegian subsea services company, has signed a long-term charter contract with Agalas for a modern IMR/Survey vessel to be built in Turkey.According to Reach Subsea, to be hired on three or five-year charter, will has a low emission, smart lifting arrangement and a state of the art equipment package that can be adapted to several market segments, with delivery early 2026.Reach Subsea…
Turkey Sends Field Hospital Aid Ship to Egypt for Gaza
Turkey said on Friday it had sent a ship loaded with field hospital equipment, ambulances and generators to Egypt to treat war casualties from Gaza, where Israeli's devastating siege has caused a humanitarian crisis with medical care collapsing."A total of 51 containers of medical supplies, generators and 20 ambulances, with necessary permissions, were loaded onto a ship from Izmir's Alsancak port and sent to Egypt…
Baltic Index Logs Weekly Gain as Rates Across Vessels Rise
The Baltic Exchange's dry bulk sea freight index rose on Friday, marking a weekly rise, steered by higher rates across vessel segments.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, rose 45 points, or 2.8%, to 1,643. The index added 12.4% this week.The capesize index added 103 points, or 4.1%, to 2,589, up 21.4% for the week. Average daily earnings for capesize vessels…
KBR Secures FEED Contract for Liquid CO2 Terminal in Danish Port
KBR has been awarded a Front-End Engineering Design (FFED) contract by Fidelis New Energy for Project Fyrkat, a liquid carbon dioxide (LCO2) receiving terminal at the Port of Aalborg, Denmark. KBR will provide engineering to support the LCO2 handling and storage facility, as Fidelis New Energy aims to help global decarbonization.Project Fyrkat is one of the first onshore CO2 sequestration facilities…
Japan's NYK Takes Delivery of Seventh LNG-fueled PCTC
Japan's NYK Line has recently taken delivery of the LNG-fueled pure car and truck carrier (PCTC) Sweet Pea Leader at Tadotsu Shipyard Co., Ltd., a member of the Imabari Shipbuilding Group. This is NYK's seventh LNG-fueled PCTC, with NYK planning to introduce a total of 20 new LNG-fueled PCTCs by 2028 as a bridge-solution to achieve net-zero emissions of greenhouse gas (GHG) by 2050 for the NYK Group's oceangoing businesses."Like NYK's other LNG-fueled PCTCs…
Ukraine Corridor Freight Costs Up after Missile Attack, Brokers Say
Freight costs for ships using Ukraine's alternative export corridor have risen following an attack on a cargo vessel in the Black Sea off Odesa, brokers said on Friday.Ukrainian officials said on Wednesday a Russian missile damaged a Liberia-flagged civilian ship entering a Black Sea port in the Odesa region, killing one person and injuring four others. The vessel was supposed to transport iron ore to China.Later, they said that the corridor was working despite the attack.
Babcock Signs $916M Submarine Infrastructure Deal with UK Defense Ministry
Defense contractor Babcock has signed a four-year £750 million (~$916 million) contract with the UK Ministry of Defence’s (MOD) Submarine Delivery Agency (SDA), to deliver the infrastructure required to support and sustain the UK’s submarines for decades to come.As part of the major infrastructure program underway at the Devonport site, Babcock said it would deliver substantial upgrades to existing…
US Coast Guard Medevacs 64-Year-Old from Fishing Vessel Off San Diego
A U.S. Coast Guard Sector San Diego helicopter crew rescued a 64-year-old male passenger from a fishing vessel approximately 40 miles off the coast of San Diego, Thursday.Coast Guard Sector San Diego Joint Harbor Operations Center watchstanders received a distress call from the fishing vessel Pride, requesting a medical evacuation for a crewmember at approximately 9 a.m. The injured male was experiencing multiple onset abnormalities.Based on the reported condition of the individual…
Ukraine: Alternative Black Sea Export Corridor is Working Despite Attack
Ukraine's alternative Black Sea export corridor is working despite a recent Russian attack on a civilian vessel, Deputy Prime Minister Oleksandr Kubrakov said on Thursday.Ukrainian officials said on Wednesday a Russian missile damaged a Liberia-flagged civilian ship entering a Black Sea port in the Odesa region, killing one person and injuring four others. The vessel was supposed to transport iron…
Estonia Names Chinese Ship as Suspect in Telecoms Cables Damage
Estonia's prosecutor general said on Friday that the Hong Kong-registered NewNew Polar Bear container vessel was the primary suspect in an investigation of damage to two subsea telecoms cables linking Estonia to Finland and Sweden. "We prepared a legal assistance request to China so that the local law enforcement authorities would perform the procedural operations, primarily those connected to the vessel and its crew," State Prosecutor Triinu Olev said in a statement.
