Ukraine's Farmers Look to New Black Sea Route to Boost Food Exports
Agricultural producers in Ukraine say a new Black Sea corridor could enable exports of up to 2.5 million metric tons of food a month, almost offsetting the impact of Russia's decision to quit a U.N.-brokered deal to allow grain shipments through the region.The export deal brokered by the United Nations and Turkey collapsed in July as Russia declined to recognize it, saying its demand that sanctions…
Offshore Wind: Newly Formed Consortium Orders Two CSOVs from VARD
The Windward Offshore consortium said Monday it had ordered two state-of-the-art Commissioning Service Operation Vessels (CSOV) from VARD to "establish a sturdy basis for its maritime asset services focusing on bolstering the burgeoning offshore wind industry."Winward Offshore is a consortium currently under establishment and is led by SeaRenergy Group in collaboration with Blue Star Group, Diana Shipping Inc.…
Kremlin, Asked about Damaged Baltic Pipeline, Says Threats to Russia 'Unacceptable'
The Kremlin said on Monday that any threats made against Russia were "unacceptable" after Latvia's president said NATO should shut the Baltic Sea to shipping if Moscow were found responsible for damage to a gas pipeline between Finland and Estonia.Kremlin spokesman Dmitry Peskov also repeated Moscow's denial of any involvement in the damage inflicted on the Balticconnectorpipeline and a telecoms cableon Oct.
Prysmian Installs Vineyard Wind 1 Cables
Italian power and telecom cable-making and installation services firm Prysmian Group said Monday it had completed the installation and HV testing activities at Vineyard Wind 1, the first commercial-scale offshore wind farm in the US. Located more than 15 miles off the coast of Massachusetts, Vineyard Wind will consist of an array of 62 wind turbines that will generate 800 MW of electricity and power over 400,000 homes.
Singapore to Roll Out Electronic Bunker Delivery Notes from Nov
Singapore's Maritime and Port Authority (MPA) will launch a digital bunkering initiative on Nov. 1, making the city-state the first port in the world to use electronic bunker fuel delivery notes, the MPA said on Monday.The digital notes will replace physical documents containing information on fuel oil deliveries. Under the initiative, fuel suppliers, ship owners, operators, and crew will be encouraged…
China Calls for 'Fair' Gas Pipeline Damage Probe from Finland
China's foreign ministry on Monday called for an "objective, fair and professional" investigation into damage to the Balticconnector gas pipeline, adding that a Chinese vessel was sailing "normally" in the relevant waters.China and Finland have started communication over the matter, and China hopes that relevant parties can find out the truth as soon as possible, ministry spokesperson Mao Ning told a regular press briefing.An investigation into the pipeline damage is currently focused on the rol
Tango FLNG and Excalibur FSU Set to Begin Journey from Dubai to Eni's Congo LNG Project
The sailaway ceremony for the Tango floating liquefied natural gas (FLNG) unit and Excalibur floating storage unit (FSU) was held Saturday to mark the vessels' sail away from Dubai to Congo, where they will serve Eni's Congo LNG project, whose first phase will start in December 2023.Tango FLNG, which has a liquefaction capacity of approximately 1 billion cubic meters per annum of gas (BCMA), will be moored 3 kilometers offshore along with the Excalibur FSU upon their arrival to Congo.EXMAR is se
Richard Mueller Named President-elect of SNAME
Richard Mueller, president and CEO of naval architecture and marine engineering firm NETSCo has been elected as president-elect of the Society of Naval Architects and Marine Engineers (SNAME) and is slated to ascend to the presidency in the subsequent year.With almost five decades of experience in the maritime industry, Mueller is a respected and accomplished professional in the field of naval architecture and marine engineering.
China Ship is Focus of Pipeline Damage Probe, Finland Says
An investigation into the damage to the Balticonnector gas pipeline is currently focused on the role of the Chinese NewNew Polar Bear container vessel, Finland's National Bureau of Investigation (NBI) said on Friday.Early on Oct. 8, a gas pipeline and a telecoms cable connecting Finland and Estonia were broken, in what Finnish investigators said may have been sabotage, though they have yet to conclude whether it was an accident or a deliberate act.On Tuesday…
Tanzania Inks Deals with DP World to Operate Dar es Salaam Port Berths
Tanzania on Sunday signed agreements with Dubai state-owned ports operator DP World to operate part of the Dar es Salaam port for 30 years, a deal that has previously been opposed by Tanzania opposition and rights groups.Plasduce Mbossa, director general of state-owned Tanzania Ports Authority (TPA) which currently manages the port, said DP World will lease and operate four of the 12 berths at the…
Fire Breaks Out on Scrap Barge in New Jersey
A fire has broken out aboard a scrap barge in Jersey City, N.J., the U.S. Coast Guard said on Sunday.The agency said its watchstanders at USCG Sector New York received an initial call of a fire aboard a scrap metal barge moored at Sims Metal;s recycling facility in Jersey City at 11:30 a.m.A Coast Guard Station New York response boat crew, along with Sector New York prevention and response teams, joined multiple area agencies…
Australia Says 'Not Necessary' to Cancel Chinese Firm's Lease on Darwin Port
Australia said a security review of a 99-year lease held by Chinese company Landbridge on the northern port of Darwin, a key focus of its defense strategy, found it was "not necessary to vary or cancel the lease".In a statement, the prime minister's department said: "Australians can have confidence that their safety will not be compromised, while ensuring that Australia remains a competitive destination…
40GW Potential: U.S. Regulator Seeks Public Input on Gulf of Maine Draft Wind Energy Area
The U.S. Bureau of Ocean Energy Management (BOEM) on Thursday identified a Draft Wind Energy Area (WEA) in the Gulf of Maine, opening a 30-day public review and comment period. The Draft WEA covers approximately 3,519,067 acres offshore Maine, Massachusetts, and New Hampshire, ranging from approximately 23 - 120 miles off the coast. “BOEM will continue to prioritize a robust and transparent planning process…
Strait of Hormuz: The World's Most Important Oil Artery
The Israel-Hamas war has raised the spectre of a wider regional conflict which could embroil Iran and other regional factions.Analysts and market observers say the conflict could prompt the United States to tighten sanctions on Iran, which may spur Tehran to take retaliatory action against ships in the Strait in Hormuz.The Marshall Islands registry, one of the world's top shipping flags, last week…
ABB Flags Q4 Slowdown and China Challenges
ABB flagged a slowdown in revenue growth in the fourth quarter and reported a continued decline in orders in China, sending its shares lower even as the Swiss engineering group posted third-quarter earnings broadly in line with forecasts.The maker of industrial drives and motors noted some signs of stabilisation in China, its second-largest market and said higher quarterly revenues and earnings were boosted by price increases outstripping cost inflation…
Cavotec Wins €6.65 Million Shore Power Order
Cavotec reports it has signed a contract with one of the world’s largest shipping lines to supply shore power equipment for newbuild containerships.The €6.65 million order is for Cavotec’s PowerFit units, which are complete containerized solutions for the high-voltage connection of vessels to shore power. Deliveries will take place between late 2023 and early 2025.Patrick Mares, president of Cavotec's ports and maritime division…
Finland Contacts China, Russia Regarding Baltic Sea Pipeline Probe
Finland's foreign ministry said on Friday it had contacted China and Russia via diplomatic channels regarding the investigation of damage to a pipeline and a telecoms…
Elenger to Deliver U.S. LNG Cargo to Finland Amidst Balticconnector Pipeline Crisis
Elenger, part of Estonia's Eesti Gaas, said on Friday it will deliver a cargo of liquefied natural gas (LNG) from the United States to Finland's Inkoo terminal in the second half of November.It was also ready for additional deliveries during the winter season, Elenger added.Finland is reliant on LNG shipments this winter after a gas pipeline connecting it with Estonia ruptured on Oct. 8 and will be…
Harland & Wolff Belfast Bags $74M Canadian FPSO Refurbishment Deal
Harland & Wolff has secured a contract with Canada-based Cenovus Energy for the mid-life upgrade of the SeaRose FPSO vessel. The base contract value is approximately £61 million (~currently around $74 million). The FPSO is expected to arrive at Harland & Wolff in Belfast in the first quarter of 2024 and will be in the building dock for a period of more than three months.The contract follows a letter of intent announced earlier this year…
The Power of Offshore Molecule Production
Energy ecosystems are evolving as the value of offshore power-to-X production is being realized.Flexible and delivered in long lengths on reels in a fast-track operation, thermoplastic composite pipeline can transfer up to nine times the amount of energy as a cable and can be used to store hydrogen, increasing the uptime of offshore wind farm generated power.That’s according to Netherlands based supplier Strohm…
