Name & Shame: Xeneta CEI Tool Highlights Best, Worst Enviro Performers
Xeneta has taken the first step in a campaign to identify the carrier industry’s best and worst environmental performers across the world’s 13 leading shipping trades. With the help of the Carbon Emissions Index (CEI), a tool from Xeneta and Marine Benchmark, carriers have been assessed on the main Far East to South America East Coast container corridor. With first results out, Hamburg Süd is likely celebrating…
Cox Marine Expands Distributor Deal With Ring Power
Cox Marine, the manufacturer of the CXO300 diesel outboard engine, announced an expanded contract with U.S.-based distributor and Cox investor, Ring Power, to cover additional regions as the exclusive distributor. The Florida-based company is increasing its territories beyond the state of Florida and the Caribbean to include Georgia, North Carolina, and South Carolina, as well as Bermuda.Appointed by Cox Marine in 2019…
Western Bulk Reports $66 Million Profit for 2022
For the second half of 2022, Oslo-headquartered dry bulk shipping company Western Bulk generated a record net profit after tax of $28.6 million, reaching a full-year net profit after tax of $66 million from $1.6 billion in gross revenues. That is the second-best full year result in the company’s history, only outperformed by last year’s net profit after tax of $81 million for the full-year of 2021.Entering the second half of 2022…
Pakistan Navy to Host 50 Nations in Maritime Exercises
Pakistan's navy said on Wednesday it will host 50 countries for regular maritime exercises that are held every two years involving ships, aircraft and special operation forces from Feb.
Chevron Shipping Taps ABS Wavesight for GHG and Sea Cargo Charter Reporting
ABS Wavesight, an ABS-affiliated company, has been selected to provide greenhouse gas (GHG) and Sea Cargo Charter reporting services to Chevron Shipping Company (CSC).
EverWind Gets Approval for North America's First Green Hydrogen Facility
EverWind Fuels, a company founded by private equity veteran Trent Vichie, told Reuters it became the first green hydrogen producer in North America to secure the necessary permits for a commercial-scale facility on Tuesday.Provincial authorities in Canada granted environmental approval for EverWind to begin converting a former oil storage facility and marine terminal at Point Tupper in Nova Scotia…
Philly Shipyard Workers Ink Four-year Labor Deal
Philly Shipyard, Inc. (PSI) announced that a new four-year collective bargaining agreement has been ratified by the Philadelphia Metal Trades Council (PMTC). The PMTC is the exclusive bargaining representative for Production and Maintenance employees at PSI and consists of nine unions.“We are pleased to have successfully ratified this agreement extending our strong partnership with the PMTC,” said Mike Giantomaso, Vice President of Human Resources at Philly Shipyard.
Crowley Names Heil VP, Government Relations
Crowley has appointed Clay Heil as vice president of global government relations, where he will lead the company’s full spectrum of government advocacy across all of the company’s business interests and activities.Based in Washington, D.C., Heil will spearhead Crowley’s engagement with federal, state and local government partners and elected officials on policy and regulatory matters that support the company’s strategic growth.
PowerCell to Establish US Presence
PowerCell announced it is looking to establish a local presence in the U.S. market amid growing demand for its hydrogen electric solutions.The company, founded in 2008 as an industrial spinout from the Volvo Group, develops and produces fuel cell stacks and systems for stationary and mobile applications, including commercial marine vessels. PowerCell currently has a presence in Sweden, Norway and China.“The U.S.
Svitzer Appoints New Global Head of Green Ports
A.P. Moller-Maersk's towage arm Svitzer announced Svitzer Australia Chief Commercial Officer Ivan Spanjic has been appointed as Global Head of Green Ports.Svitzer CEO Kasper Nilaus believes Spanjic’s role will be central to helping Svitzer’s customers better adjust their assets and operations to become more sustainable. “Ports and partners across the marine supply chain have long recognized the importance of growing sustainably and responsibly…
US Navy Takes Delivery of Future USS Marinette (LCS 25)
The US Navy accepted delivery of the future USS Marinette (LCS 25) from Lockheed Martin at the Fincantieri Marinette Marine shipyard in Marinette, Wis.“Today marks a significant milestone in the life of the future USS Marinette,” said Capt. Andy Gold, LCS program manager. “I look forward to the commissioning of Marinette later this year and recognizing the contribution of her namesake town and the great shipbuilders who bring these warships to life…
Royal Caribbean Names Laursen EVP, Head of Marine
Royal Caribbean Group named Palle Laursen as executive vice president, head of marine, effective May 1, 2023. Laursen will report to Royal Caribbean Group’s President and CEO Jason Liberty and will join the company’s Executive Committee.With this newly created position, the company will centralize its global and brand marine operations functions under Laursen. He will oversee all marine operations for the company’s entire fleet…
Gondan Shipyard Delivers Edda Boreas CSOV to Edda Wind
Norway-based offshore wind service vessel firm Edda Wind on Thursday took delivery of Edda Boreas CSOV from Gondan Shipyard. The vessel is the second of six sister vessels to be delivered from Gondan.The commissioning service operation vessel will start installation of the motion-compensated gangway- and crane system after leaving the yard in Spain. After this, the vessel will start work at Dogger Bank wind farms in the UK in May…
Crowley Aims to Set Up Offshore Wind Terminal at Port Fourchon
U.S. maritime and logistics company Crowley said it has made a deal that could see it lease and develop an offshore wind terminal in Louisiana's Port Fourchon.The Right of First Refusal agreement was reached during Wednesday’s Greater Lafourche Port Commission (GLPC) Board Meeting in Cut Off, La.The more than 40-acre site, encompassing over 2,200 linear feet of waterfront property, is expected to become the home of a purpose-driven offshore wind facility in the coming years.
US Coast Guard Enforces Safety Zone for Historic Crane Import
The U.S. Coast Guard will enforce a temporary safety zone in the Savannah River on Thursday for the import of the largest gauge ship-to-shore cranes in U.S. history.The…
Defense Tech: Deploying the CUBE to Launch, Lay, Store Sea Mines
SH Defence of Denmark; DA-Group and FORCIT Defence OY AB, both located in Finland, signed an MOU to explore the potential development oflaunching, laying, and storing sea mines via the Containerized Multi-Mission Module system called The CUBE.“The CUBE System from SH Defence is rapidly becoming the standard within modularization of maritime mission capabilities for naval, coast guard, and SAR vessels around the world…
Venezuela's PDVSA Allocates Heavy Crude Cargo to Italy's Eni
Venezuela's PDVSA has allocated an oil cargo to a unit of Eni for a February loading, the first to the Italian firm following a contract suspension this year by new management at the state-run company, people familiar with the matter said. Eni and Spanish oil firm Repsol in May last year received authorizations from the U.S. State Department to take the crude to Europe for outstanding Venezuela debt and dividends, an exception to U.S. oil sanctions on Venezuela.
Australian Coal Arrives in China for First Time in More Than Two Years
At least two vessels carrying Australian coal have arrived in China for the first time since an unofficial ban on imports was introduced more than two years ago…
USDOT Pumps $660M More Into Port Infrastructure
The U.S. Department of Transportation’s Maritime Administration (MARAD) announced a Notice of Funding Opportunity (NOFO) making available more than $662 million in Federal Fiscal Year (FY) 2023 funding for MARAD’s Port Infrastructure Development Program (PIDP).The PIDP investment is intended to help modernize the nation’s ports and strengthen supply chains.“America’s ports play a central role in our supply chains,” said U.S. Transportation Secretary Pete Buttigieg.
The U.S. Navy Needs More Ships, Encourages Industry to "Pick up the Pace"
The demand for warships is strong, and the Navy continues to receive support from the Congress to build more ships. The Navy is working to achieve a fleet of about 355 ships, plus a fleet of about 150 unmanned vesselsBut to achieve something close to that goal requires more than demand, and even more than money. For one thing, it requires an industrial base that can build, repair and sustain that fleet.While Navy leadership acknowledges the challenges of a stressed supply chain…
