Carnival Raises Profit Forecast on Record Cruise Demand
Carnival Corp raised its annual profit forecast on Wednesday, anticipating a record year of bookings as the company benefits from a rise in people seeking cruise vacations for the first time.Cruise operators are recording all-time high booking rates as more travelers switch to cheaper sea-borne experiences over expensive land-based alternatives such as booking hotels or flights, providing them more room to raise prices.U.S.-listed shares of the company were flat in volatile trading.
New Tug Delivered to Mongla Port Authority
The Mongla Port Authority in Bangladesh has taken delivery of its new tug, M.T. Joymoni.The newbuild is a RAmparts 3200-CL designed by Canada's Robert Allan Ltd. and built by Cheoy Lee Shipyards, in China.The RAmparts 3200-CL was designed by Robert Allan Ltd. in 2008 exclusively for Cheoy Lee Shipyards, with the first tug, Ocean Pioneer, delivered to Ocean Sparkle in India in 2011. Based on the RAmparts series…
Baltimore Bridge Collapse Highlights Need to Protect Critical Foundations
The collapse of Baltimore's Key Bridge has highlighted what engineers say is an urgent need to better protect the piers holding up spans over shipping channels as the size of cargo ships has grown in recent decades.Federal authorities continue an investigation into why a massive cargo ship lost power and crashed into a pier of the Francis Scott Key Bridge early Tuesday, bringing down the structure…
Great Lakes Freighter Strikes Channel Light on St. Marys River
A portion of the St. Marys River has been closed to vessel traffic after a U.S.-flagged Great Lakes freighter struck a channel light in the waterway.At approximately 1 a.m., the 730-foot bulk carrier American Mariner suffered a marine casualty and struck the Munuscong Junction Light with its bow, the U.S. Coast Guard said. The incident occurred in Munuscong Lake, which is a section of the St. Marys…
Insights: Cherrie Felder, VP, Channel Shipyard Companies
For Cheryl “Cherrie” Felder, the path to the maritime industry was both untraditional and seemingly meant to be. After studying African art, she began her career working in a museum in New Orleans before landing a role directing professional rodeo in the Big Easy.“It was a lot of fun, and I learned a whole lot,” Felder said. “But as you may imagine, New Orleans is not a rodeo town. After the third year, the board of directors decided, okay, that's it.
Asia Crude Imports Surge as China, India Snap Up Russian Oil
Asia's imports of crude oil are expected to rise to the highest in 10 months as heavyweights China and India lifted arrivals from Russia, but impending maintenance schedules and rising prices mean such levels may not be sustained.The world's top importing region is forecast to see arrivals of 27.48 million barrels per day (bpd) in March, up from 26.70 million bpd in February and January's 27.18 million bpd…
New Response Vessels Commissioned in Sydney
A pair of new response vessels has been commissioned in Sydney Harbour.The state-of-the-art vessels, Burra and Girawaa, were designed by Incat Crowther and custom-built by Birdon in Port Macquarie to assist in major on-water incidents, including pollution response, police operations and firefighting both on and from the water.The vessels have the ability to travel at speeds of 27 knots, making them the fastest response vessels ever commissioned by the Port Authority of New South Wales (NSW).
Svitzer Building New Training Center in Australia
Marine towage provider Svitzer Australia is building a new facility to deliver enhanced maritime training capabilities to the East Coast of New South Wales (NSW).The company reports construction is underway at its Port of Newcastle tug base, where Svitzer’s innovative, new TRAnsverse tug vessels are forecast to enter service in 2025 (the second and third to be deployed in the world). The facility will…
Techcross Opens Training Center in Greece
Techcross recently opened the doors for its new training center in Athens, Greece, its 7th training center opened globally in major shipping hubs that offers training on actual equipment.An opening ceremony for the Greece training center, designated as a hub for training in Europe region, was held recently at the newly relocated ARGO NAVIS building. The ceremony was attended by nine representatives…
Ocean Infinity Inks Deal with Shell for Subsea Data Capture Services
Ocean Infinity signed a global framework agreement (GFA) with Shell to provide its robotic fleet for servicing the offshore energy sector.The GFA marks a significant milestone in the provision of lean-crewed and robotic seabed geomatics, spanning geophysical and geotechnical services, within the offshore energy sector.It covers a 5-year period, encompassing all countries where Shell is currently active…
Lawsuits Over Baltimore Bridge Collapse Likely
The owner, operator and charterer of the container ship that struck Baltimore’s Francis Scott Key Bridge on Tuesday are likely to face lawsuits over its collapse and the people killed or injured, but legal experts say U.S. maritime law could limit the companies’ liability.U.S. laws pertaining to open-water navigation and shipping, which are created through court decisions and by acts of Congress, could…
Russian Warships Enter Red Sea
Several Russian warships have passed the Bab al-Mandab Strait into the Red Sea, the Russian navy's Pacific Fleet said on Thursday, amid attacks by Yemen's Houthis on merchant shipping.The Zvezda TV channel, owned by the defense ministry, quoted the fleet as saying the Russian cruiser Varyag and the frigate Marshal Shaposhnikov were taking part in the voyage.(Reuters - Reporting by Guy Faulconbridge; editing by Mark Heinrich
Fincantieri Scoops $1.27B Deal to Supply Two Patrol Vessels to Indonesia
Fincantieri and the Indonesian Ministry of Defense have signed a contract for the supply of two Multipurpose Offshore Patrol Vessel (PPA) units.The $1.27 billion (€1.18 billion) deal is part of the framework of collaborative relations initiated by the Italian Ministry of Defense.A PPA is a highly flexible ship with an outstanding technological standard. It has the capacity to serve multiple functions…
