GEOS to Sell VOS Sugar Offshore Vessel at 'Substantial Profit'
The Norwegian offshore vessel owner Golden Energy Offshore Services AS (“GEOS”) said Wednedsay it had entered into a memorandum of agreement (the “MoA”) with an…
QatarEnergy Orders 17 Ultra-Modern LNG Carriers for $3.9 Billion
Qatari oil and gas company QatarEnergy has ordered 17 "ultra-modern" LNG carriers from South Korea's HD Hyundai Heavy Industries (HHI).The deal, signed at a ceremony in Seoul, is valued at 14.2 billion Qatari Riyals (currently around $3,9 billion), and marks the start of the second phase of QatarEnergy's LNG ship acquisition program, which will support its expanding LNG production capacity from the…
ABS and AL Group to Study Methanol Fuel Conversion for Bulker
ABS and Asiatic Lloyd Maritime LLP, member of the AL Group, have signed a joint development project to study the feasibility of converting the fuel system of an ultramax bulk carrier, from conventional diesel to methanol.The study is focused on a series of up to eight ABS Classed ultramax bulk carriers ordered for construction in the New Hantong Shipyard, China, for AL Group.“Converting vessel propulsion…
Anglo-Eastern Completes 100th Starlink Maritime Installation
Anglo-Eastern completed the 100th installation of Starlink within its managed fleet last week, mere months after announcing its commitment to the service. The global ship manager has seen an overwhelmingly positive response in respect of both operations and crew wellbeing.Torbjorn Dimblad, Chief Information Officer of Anglo-Eastern, expressed his satisfaction, saying “We now have Starlink-equipped vessels operating in every corner of the world and we are delighted with the service.
Inmarsat Report Identifies Deficiencies in Safety Culture
The 2023 edition of The Future of Maritime Safety Report from Inmarsat Maritime, a Viasat business, reveals that the number of distress calls from ships at sea remains high, despite a continuing decline in vessel losses. The new report, which analyses Global Maritime Distress and Safety System information captured by Inmarsat, registered 853 distress calls from January to December 2022 – up from 794…
Accelleron Extends Service Agreement with Starlite Ferries
Accelleron has signed a new three-year agreement to deliver turbocharger services to Starlite Ferries Inc. The passenger ferry operator, located in the Philippines, has extended the scope as well as the duration of their Turbo LifecycleCare agreement, adding one further vessel to the seven previously covered. Furthermore, Accelleron’s digital engine optimization solution Tekomar Xpert is newly implemented…
BOEM Postpones Oil and Gas Lease Sale 261
The U.S. Interior Department's Bureau of Ocean Energy Management (BOEM) said on Tuesday it will postpone its next sale of oil leases in the Gulf of Mexico.The agency said it will not hold Lease Sale 261 on September 27, 2023, as originally planned as a result of last week's ruling by the U.S. Court of Appeals for the Fifth Circuit ordering an expansion of acreage being offered after BOEM earlier reduced…
Sener Completes Basic Engineering for Two Ice-Class Vessels with Carbon Capture
Spain-based Sener has developed the conceptual and basic engineering of two new ice-class vessels equipped with carbon capture systems for the German company Grona Shipping.The two general cargo vessels are 6,000 and 9,100 tons respectively.Both vessels have an LNG propulsion system and incorporate CO2 capture systems, which can be located on top of the LNG tanks or as structural tanks between the two cargo holds.
US SECNAV Calls Bold 'New Maritime Statecraft'
U.S. Secretary of the Navy Carlos Del Toro on Tuesday called for a “new maritime statecraft” to prevail in an era of intense strategic competition.During remarks at the John F. Kennedy School of Government at Harvard University, Secretary Del Toro stated that maritime statecraft, in a broad sense, encompasses not only naval diplomacy, but a national, whole-of-government effort to build comprehensive U.S.
St. Johns Ship Building’s Jeff Bukoski to Receive USMMA’s Admiral McCready Award
Jeffery Bukoski, president of Palatka, Fla. shipyard St. Johns Ship Building, has been awarded the RADM Lauren S. McCready Award, which recognizes graduates of the U.S. Merchant Marine Academy (USMMA) who have made significant technical achievements in the marine industry or who have contributed organizational or managerial support to making such technical achievements possible.Bukoski, USMMA class of 1986, is a 35 year veteran of the U.S.
Report: Five Digitalization Steps that can Drive OSV Fuel Efficiency
A new white paper published by maritime performance management company Opsealog sets out five practical steps that OSV operators can take to secure improvements in fuel efficiency through better data analytics.Existing data that companies are already collecting, for example in mandatory logbooks, can enable significant vessel and fleet efficiency gains, says Opsealog.With case studies drawn from Opsealog’s eight years of experience across the world’s offshore markets…
Maritime Partners Acquires Maersk's USMMI
Maritime Partners, a Louisiana-based provider of maritime financing solutions primarily focused on Jones Act vessels, announced that on September 20, 2023, one of its managed funds acquired Norfolk, Va.-based U.S. Marine Management LLC (USMMI) from Maersk Line, Limited.USMMI owns and operates U.S. flag vessels—including one owned maritime support vessel, three owned tankers, and one bareboat chartered tanker—for charter to the U.S. Navy's Military Sealift Command.
Inland Dredging Co Awarded Brownsville Dredging Job
Dyersburg, Tenn. based Inland Dredging Co. has been awarded a contract from U.S. Army Corps of Engineers' Galveston District for channel pipeline dredging in Brownsville, Texas.The company beat out three other bidders to secure the $10,433,550 firm-fixed-price contract.Work is estimated to be completed by June 19, 2024.
Russia Hits Ukrainian Port Facilities
Ukrainian officials said Russia struck Ukrainian port infrastructure and grain storage facilities on Tuesday, but also reported some progress on the front lines in the three-month old counteroffensive by its forces.President Volodymyr Zelenskiy spoke of "good details" from the front without further explanation and said Ukraine clearly understood where to apply pressure to make it felt in Moscow."Sanctions are not enough.
Philippines Condemns Chinese 'Floating Barrier' in South China Sea
The Philippines on Sunday accused China's coast guard of installing a "floating barrier" in a disputed area of the South China Sea, saying it prevented Filipinos from entering and fishing in the area.Manila's coast guard and Bureau of Fisheries and Aquatic Resources "strongly condemn" China's installation of the barrier in part of the Scarborough Shoal, Commodore Jay Tarriela, a coast guard spokesperson…
Ship Insurance Facility Set Up for Ukraine Grain Exports
A new marine insurance facility for Ukrainian grain exports using the country's sea corridor has been set up in conjunction with Ukraine's authorities, insurance broker Miller said on Tuesday.Russia quit a U.N.-backed deal in July to enable exports from Ukraine to sail from three approved ports.Since then, Kyiv has launched what it calls a new temporary humanitarian corridor in an effort to break Russia's de facto blockade.
Value Maritime Installs First Filtree System for Ardmore Shipping
Value Maritime announced it has completed the first in a series of nine installations of its emissions reducing Filtree systems for product and chemical tanker company Ardmore Shipping Corporation.Taking place in China, this was the first time that Value Maritime has installed its system outside of Europe. The Ardmore Seaventure is also the first Ardmore vessel now fully equipped with Value Maritime’s Filtree system.
Svitzer Expands Its Tug Fleet in Brazil
A.P. Moller - Maersk's towage arm Svitzer announced the continued expansion of its fleet in Brazil, as part of the ongoing growth of its operations in the country.Svitzer Monte KT is the fourth tug to join the fleet in the country since April. The vessel is a sister to three tugs already delivered to Svitzer in 2023, which have been deployed across the ports of Pécem, Paranagua, and Santos on Brazil’s coast.
The Real Cost of Net Zero Ports
Zero emission is a nice idea, but who’s going to pay for it? The U.S. EPA is readying big money for zero emission ports.The U.S. Environmental Protection Agency (EPA) is working on two high-profile port initiatives that it hopes will move the needle in a big way towards U.S. ports’ zero emissions (ZE) operations and clean air goals.The first initiative started last May when EPA published a request…
First Monopiles for Giant U.S. Offshore Wind Project Set Sail
German offshore wind monopile maker EEW SPC said Monday that the first eight monopiles for the Dominion Energy Coastal Virginia Offshore Wind Project in the U.S. were loaded at the Rostock quayside in Germany, and set sail for the U.S. on September 21, 2023.In preparation for RoRo loading, the monopiles were lifted into the transport cradle using the Strand Jack system. Now aboard the carrier deck…
