Russia Accuses Ukraine of Sabotaging Grain Deal with Bribery Scheme
Russia on Wednesday accused Ukraine of sabotaging the Black Sea grain deal by demanding bribes from ship owners to register new vessels and carry out inspections under the cover of a deal the United Nations hopes could ease a global food crisis.There was no immediate comment on the allegation, levelled by Russia's Foreign Ministry, from Ukraine which has blamed Moscow for problems with the agreement.
Huisman to Deliver 3,000mt+ Crane for Havfram Wind's New WTIV
Dutch crane maker Huisman has won a contract from offshore wind installation contractor Havfram Wind for the delivery of a 3,000mt+ Leg Encircling Crane for its second NG-20000X Wind Turbine Installation Vessel. The crane contract news comes just a day after Havfram Wind said it had ordered the WTIV from China's CIMC Raffles.Also, Huisman's contract follows an earlier order in December 2022 for an…
Second-hand Crude Tankers Reach Highest Values in 25 Years, BIMCO Says
“Second-hand crude tanker values for five-year-old ships hit bottom levels in late 2020 and have since increased by an average 67%. Over the past twelve eventful months values have risen by 34%, reaching their highest level in 25 years,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO.Crude tanker values saw their most recent low in December 2020 when Clarksons Research estimated the combined value of a five-year-old Aframax, Suezmax, and VLCC was USD 138.5 mill.
New Sensors Expected to Reduce Illegal Immigration Across English Channel
French and British authorities have ordered infrared panoramic detection systems from French company HGH to help reduce illegal immigration across the English Channel.The two countries have previously signed a “smart border” agreement worth 72.2 million euros for the period 2022-2023. The aim is to use advanced technologies to secure the coastline and prevent people drowning onboard makeshift boats.HGH will provide its SPYNEL solutions which allow for permanent and continuous surveillance.
Panama Canal Lowers Maximum Depth Limit Due to Drought
The Panama Canal will impose lower draft restrictions on the largest ships passing through the key global trade route due to falling water levels at nearby lakes that form part of the waterway, the canal authority said on Tuesday.The restrictions, which will take effect on Wednesday, mean so-called neo-Panamex container ships seeking to cross the canal connecting the Atlantic and Pacific Oceans must comply with a maximum depth of 47.5 feet…
Provaris Launches Compressed Hydrogen Floating Storage Concept
Australia-based Provaris Energy has launched a gaseous hydrogen floating storage concept called H2Leo that has been granted Approval in Principal by ABS.The solution has a design capacity range of 300 to 600 tonnes of hydrogen, expandable to up to 2,000 tonnes and will enable greater flexibility and optimization of Provaris' compressed hydrogen supply chain projects under development in Asia and Europe.The floating storage solution is suitable for various hydrogen supply chains and applications…
Strategic Marine Commissions Study on Hybrid CTVs
Singapore-based boat builder Strategic Marine has commissioned a study to compare the efficiency of traditional diesel-powered and hybrid-powered crew transfer vessels (CTV).The study, to be conducted by the Maritime Energy and Sustainable Development Centre of Excellence (MESD CoE) at Nanyang Technological University, Singapore (NTU Singapore), aims to help the company expand its knowledge and expertise…
GSI Claims Lead in Orders for LNG Dual-Fuel PCTCs
Guangzhou Shipyard International (GSI), part of China State Shipbuilding Corp, has recently taken the lead in orders LNG dual-fuel pure car truck carriers (PCTCs), reports China Daily.The company now has contracts to build 25 PCTCs after a recent contract signing for three 8,600 ceu dual-fuel PCTCs for an unnamed Asian company. Other orders include three 7,000 ceu dual-fuel PCTCs with Guangzhou Yuanhai Automobile Shipping and three LNG dual-fuel 7…
C-Innovation Opens New Facility in Port Fourchon
C-Innovation, an affiliate of Edison Chouest Offshore (ECO) and its family of companies, announced the opening of its new facility in Port Fourchon, La. The expansion provides an additional dock facility for subsea inspection, maintenance and repair (IMR) and riserless light well intervention (RLWI) services.The new facility offers vessel loading, project system integration testing (SIT), mobilization and demobilization services for the subsea market.
Callan Marine Adds New Cutter Suction Dredge
Galveston, Texas based Callan Marine has added a new cutter suction dredge to its fleet.The new dredge General Marshall was constructed by DSC Dredge beginning at Poplarville, Mo., and completed construction at Reserve, La., before being launched at the Kennedy Shipyard in Galveston.At 194 feet long and 41 feet wide, with an 18-inch suction and discharge diameter, General Marshall is equipped with a total of 3…
India and China Snapping Up Russian Oil Above Price Cap
India and China have snapped up the vast majority of Russian oil so far in April at prices above the Western price cap of $60 per barrel, according to traders and Reuters calculations.That means the Kremlin is enjoying stronger revenues despite the West's attempts to curb funds for Russia's military operations in Ukraine.A G7 source told Reuters on Monday the Western price cap would remain unchanged for now…
Ince to Seek Sale After Creditor Bows Out
Legal and professional services firm Ince Group Plc plans to enter administration and pursue a sale of the company, it said on April 12, amid cash concerns and repeated delays in reporting its financial results.Ince's directors applied to London's High Court on April 12 to appoint administrators under UK insolvency law in relation to the company and four subsidiaries, court filings show.Trading in Ince on London's Alternative Investment Market was suspended from Jan.
Green Yard Kleven Lands Another Retrofit Project with Brazilian Offshore Vessel Owner
Norwegian shipyard Green Yard Kleven AS has secured a retrofit project with Brazilian offshore vessel owner Oceanica.This is the fourth contract signed with the same shipowner that includes the reactivation and rebuilding of offshore ships bought from Norwegian shipowners.The vessel, named Oceanicasub X, is a 78-meter anchor handling vessel which will be rebuilt for operations off the coast of Brazil.
CMA CGM Offers $5.5 Billion for Bollore Logistics Unit
French shipping group CMA CGM is offering 5 billion euros ($5.48 billion) for the logistics unit of Bollore, the family-run conglomerate said on Tuesday.For Bollore a deal would mean cutting ties with its biggest business while offering cash-rich CMA CGM a chance to bolster its bid to offer end-to-end transportation services and supply chain management.The business posted more than 7 billion euros in revenue last year and has 15,000 employees.News of the indicative offer, made on a cash free and
Norway Parliament Asks for CCS Alternative to Decarbonize Major LNG Plant
Norway's parliament on Tuesday told the government to consider an alternative way to cut carbon emissions at Western Europe's largest liquefied natural gas (LNG) plant, but stopped short of outright halting a controversial plan to use power from land. Oil firm Equinor and partners are seeking approval to replace the use of gas at the plant with power from the national grid, and thus reduce its emissions. The site is one of Norway's largest single emitters of carbon dioxide.
Crewmember Medevaced from Pipelay Barge in US Gulf
An ailing crewmember was medevaced from an offshore pipelay barge in the U.S. Gulf of Mexico on Monday, the U.S. Coast Guard said.The Coast Guard said its watchstanders at Sector Houston-Galveston received a medevac request relay from Coast Guard District Eight at 6:45 a.m. stating a 42-year-old crew member aboard the 265-foot-long DLB Super Chief was experiencing seizures. Watchstanders consulted with the duty flight surgeon…
Norway Crude Mops Up in Europe as Russia's Urals Heads East
The clear winner in the race to replace Russian oil at Europe's refineries is Norway's Johan Sverdrup crude, according to Refinitiv Eikon data and traders.Johan Sverdrup was launched in 2019, making it a relative newcomer compared to Russia's Urals grade.Initially sold mostly to Asia, an EU ban on Russian seaborne oil imports imposed in December has opened up the European market where the medium sour grade has become a primary feedstock for refiners in countries such as Germany…
Ship Inspections Resume under Ukraine Grain Deal
Inspections of ships moving grains from Ukraine have restarted after a pause which threatened to shut down the Black Sea shipping corridor, the RIA news agency cited the Russian foreign ministry as saying on Tuesday. A ministry official quoted by RIA blamed Monday's interruption on Ukraine's failure to observe agreed procedures but said the issue has been resolved. Kyiv said on Monday the U.N.-brokered…
CIMC Raffles to Build 2nd Offshore Wind Turbine Installation Vessel for Havfram Wind
Offshore wind installation firm Havfram Wind has ordered a second Wind Turbine Installation Vessel (WTIV).This is the first optional vessel ordered under the existing shipbuilding contract with China's CIMC Raffles.The vessel design will be similar to the first GustoMSC NG20000X Jack-Up vessel currently under construction. "The latest battery hybrid drive train technology is incorporated in the design…
Survey: 28% of Seafarers Were Charged Illegal Recruitment Fees
New research has found that of almost 5,000 seafarers surveyed, almost 40% have experienced at least one form of unethical or illegal action in violation of international standards relating to worker rights either during the recruitment process or while working at sea.The research report was published by the Institute for Human Rights and Business and Sustainable Shipping Initiative and is based on…
