$2.8 Billion Contract Awarded for New Concrete Dry Dock at Pearl Harbor Naval Shipyard
The U.S. Navy's engineering systems command has awarded a $2.8 billion contract for the construction of a new concrete dry dock at Pearl Harbor Naval Shipyard and Intermediate Maintenance Facility (PHNSY & IMF).The $2,839,880,250 firm-fixed-price task order, which falls under a previously awarded multiple award construction contract, was awarded by Naval Facilities Engineering Systems Command (NAVFAC) Pacific to a joint venture between Dragados, Hawaiian Dredging and Orion.
Ship Recycling Market Remains Strong
Recycling markets remain firmly poised for another week, following a stunning resurgence by the Bangladeshi market (in particular) that leaves them atop the price rankings board.Levels close to and even over $600/LDT are now being regularly presented on various vessels and this is inducing more Ship Owners to sell their vessels, especially as freight rates in the dry bulk and container sectors are…
Eight Dead as Fishing Boats Capsize off San Diego in Apparent Smuggling Attempt
At least eight people have died after two fishing boats capsized off the coast of San Diego, California, in an apparent migrant smuggling operation, emergency officials said on Sunday.San Diego emergency crews began a search and recovery operation late Saturday night, after receiving a 911 call from a Spanish-speaker about fishing boats in distress off the coast of San Diego's Black's Beach. Crews arrived to find two fishing boats capsized in a 400-foot (366 m) area…
S&P Global Buys Firm to Bolster Capability to Track Commodity Shipments
S&P Global Commodity Insights said on Monday it had acquired UK-based technology firm Tradenet and its live vessel-tracking platform Market Intelligence Network (MINT) to bolster its capability to track and analyze commodity shipments. Demand for ship-tracking data has grown in the commodities sector in recent years, leading to the creation of new data analytics businesses such as Kpler, Vortexa and Refinitiv that compete with S&P Global.
Dredge Firms Focus on Sustainability as ESG Issues Climb Agenda
Climate change, rising sea levels, land reclamation and offshore energy are all factors underpinning business models at Europe’s dredge and marine engineering majors. They are adopting strong sustainability credentials as their operations come under closer environmental, social, governance (ESG) scrutiny and new opportunities open up in the US offshore wind sectorThe relatively small number of global…
Thirty Migrants Missing in Shipwreck off Libya. Charity Blames Italy
Thirty people are missing and 17 were rescued in the central Mediterranean on Sunday after the boat in which they were travelling from Libya capsized in bad weather, Italy's coastguard said.The tragedy comes just weeks after a Feb. 26 shipwreck near the southern region of Calabria, in which at least 79 died. Alarm Phone, a charity that picks up calls from migrant vessels in distress, assumed the 30…
Traing Tips for Ships - Tip #45: Is it ‘Real’ or is it … (Part II)
Is the “old” way of generating maritime training content about to be disrupted? Are we witnessing the beginning of a sea change in the creation of training content and potentially in how trainees interact with that content?In the previous edition of Training Tips for Ships, we introduced ChatGPT and discussed its potential uses and limitations in a maritime training capacity. In fact, as was revealed near the end…
EnerGia Coal Carrier Named Kagura
On March 9, the coal carrier Kagura for the Chugoku Electric Power Co., Inc. (EnerGia) was delivered at Oshima Shipbuilding Co. Ltd. A naming and delivery ceremony took place on the same day and was attended by Shigeru Ashitani, representative director, vice president and senior managing executive officer of EnerGia; and Hitoshi Nagasawa, president of NYK.Under a long-term transport contract with EnerGia…
Peterson Den Helder Extends Contracts for Havila Shipping's PSV Duo
Norwegian offshore support vessel owner Havila Shipping has secured contract extensions for two platform supply vessels.Havila said Monday that Peterson Den Helder…
Wärtsilä Signs Five-year Vessel Maintenance Deal with Abu Dhabi's NPCC
Finland-based marine technology company Wärtsilä has signed a five-year vessel maintenance deal with Abu Dhabi-based firm National Petroleum Construction Company (NPCC).Wärtsilä said that the agreement covered seven vessels in the NPCC fleet and was designed to maximize operational uptime."It will also provide flexibility in maintenance scheduling, which will ease chartering arrangements, while providing long-term cost predictability…
Anglo-Eastern Rolling Out Starlink’s Maritime Broadband Service
Anglo-Eastern announced its first formal installation of Starlink’s maritime broadband service within its managed fleet ahead of wider rollout in the months ahead.The installation is part of a preliminary order covering a dozen vessels of various ship types and trading patterns, trialed across a number of scenarios before broader roll-out in the coming months. The ship manager said it expects at least 200 installations across its fleet by year-end…
World’s First Fully Electric Harbor Tugboat Named
HaiSea Marine, majority owned by Haisla Nation in partnership with Seaspan ULC, celebrated the naming and blessing of its tug boat fleet – which includes the world’s first fully electric harbor tug boat, along with dual fuel (LNG and Diesel) escort tug boats. Once delivered, the green fleet will provide ship-assist and escort towing services to LNG carriers calling at LNG Canada’s new export facility…
US, Australia to Unveil Submarine Pact to Counter China
U.S. President Joe Biden will meet leaders of Australia and Britain in San Diego on Monday to announce a way forward for Australia to receive nuclear-powered submarines in Canberra's biggest-ever defense project.The three countries announced the so-called AUKUS plan in 2021 as part of efforts to counter China in the Indo-Pacific region.However, questions remain over strict U.S. curbs on the extensive…
Italy Coastguard Launches Multiple Rescues, Over 1,000 Migrants 'In Danger'
The Italian coastguard launched multiple rescue operations on Friday to save hundreds of migrants packed aboard several boats off the toe of Italy, less than two weeks after at least 73 drowned in a shipwreck."More than 1,000 people are in danger," the coastguard said in a statement.The president of the southern Calabria region, Roberto Occhiuto, said a total of around 1,300 migrants were aboard boats…
Offshore Workers to Strike at UK Continental Shelf
British union Unite on Friday said several Sparrows offshore services workers have voted to strike at dozens of platforms on the UK continental shelf including those of BP and Shell.Around 150 Sparrows workers across more than 20 oil and gas platforms have voted for strike in a dispute over pay, the union said in a press release.This comes after the union last week announced its Sparrows members working on BP’s Andrew, Clair, Clair Ridge, ETAP, Glen Lyon and Mungo installations backed strike act
SWS Delivers Dual-fuel Capesize to the Angelicoussis Group
Greek shipowner the Angelicoussis Group announced its dry bulk division has taken delivery of its first dual-fuel Capesize bulk carrier.Ubuntu Unity was officially handed over to its Maran Dry Management (MDM) from Chinese shipbuilder Shanghai Waigaoqiao Shipbuilding Co., Ltd. (SWS) on February 28, 2023.The newbuild is 299.9 meters long with a 47.5-meter beam and cargo capacity of about 190,000 metric tons.
Baltic Dry Index Gains for Third Straight Week
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, gained for the third straight week, helped by higher rates for all vessel segments, largely capesizes.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, was up 45 points, or about 3.3%, at 1,424, the highest since late-December 2022, on Friday.The main index was up about 17.6% for the week.The capesize index gained 82 points, or about 5%, at 1,744.
Ross Offshore Charters Fishing Vessel for Offshore Survey Work
Norwegian offshore energy industry services firm Ross Offshore has agreed to charter Teige Gruppen's Sunny Lady fishing vessel for future offshore activities.The initial agreement is for the charter for the summer of 2023, but the parties envision long-term cooperation, too.Ross Offshore will use the vessel for seabed surveys. The vessel will be equipped with an observation ROV and be able to perform mapping- and environmental surveys."The first project starts in May…
Swan Energy's TOPL Awaits Lenders' Nod for FSRU Vessel Deal with BOTAS
BSE-listed Swan Energy, via its 51% subsidiary Triumph Offshore Private Limited (TOPL), said Friday it had executed a term sheet with Turkey's BOTAS to lease an…
Report: Russia Exporting Diesel to Saudi Arabia via Ship-to-ship Loadings
Russia is ramping up its diesel supplies to Saudi Arabia using ship-to-ship (STS) loadings in addition to direct supplies, market sources said, and Refinitiv data…