Chartering First for NYK Methanol-Fueled Bulk Carrier
NYK Bulk & Projects Carriers is timer chartering a methanol dual-fuel bulk carrier after reaching an agreement with Kambara Kisen.The 65,700dwt vessel is currently under construction at Tsuneishi Shipbuilding and is scheduled for delivery in spring 2025. This ship will be the first methanol-fueled bulk carrier operated by the NYK Group.The ultramax vessel’s primary fuels are expected to be bio-methanol and e-methanol as it transports various cargoes including grain and ore.
China Accuses Philippines of Deliberate Collision
The Philippines and China accused each other on Monday of ramming vessels and performing dangerous maneuvers in the South China Sea, the latest flare-up after the two nations had agreed to try to ease tensions and manage disagreements at sea.China's Coast Guard said in a statement a Philippine vessel which had ignored its repeated warnings "deliberately collided" with a Chinese vessel in an "unprofessional…
Oil Spill Impacts Caribbean Beach
An oil spill, which appeared to originate from Venezuela's El Palito refinery several days ago, has contaminated a bay off the country's north-central coast in the Caribbean Sea, five sources told Reuters on Saturday.Biologist Eduardo Klein posted satellite images on X that he said showed an oil slick of about 225 square kilometers (87 square miles) in the Golfe Triste and completely covering Morrocoy National Park…
Ship Recycling Markets on Forced Holiday
Freight sectors are performing unseasonably and unrelentingly well amidst all the unfolding crises that are still choking global ship recycling nations out of life-sustaining tonnage, reports cash buyer GMS.This includes potential attacks against Israel and brewing news of President Putin possibly being removed due to Ukraine’s successful invasion of “Mother Russia.”“Consequently, we continue to see…
Start-Up Aims for Free-Range Wind Farms via Sailing Vessels
British startup DRIFT Energy has closed a seed funding round for making green energy at sea using hi-tech sailing vessels.Led by Octopus Ventures, one of the largest and most active venture capital investors in the UK and Europe, and with support from Blue Action Accelerator, the company has secured £4.65 million ($6 million), enabling it to realise its ambition to start vessel production next year.DRIFT…
Canada Launches Offshore Oceanographic Science Vessel
The Canadian Coast Guard has launched a new offshore oceanographic science vessel to be named the Canadian Coast Guard Ship (CCGS) Naalak Nappaaluk.As the Canadian Coast Guard’s largest dedicated science vessel, the new ship will provide increased capability and capacity to support ocean science missions on Canada’s east coast. It will accommodate up to 34 crew and 26 Fisheries and Oceans Canada scientists and will be stationed at the Bedford Institute of Oceanography in Dartmouth…
Esgian Week 33 Report: New Contracts in North Sea, Nigeria
Esgian provides an update on new jack-up contracts in the North Sea and Nigeria in its Week 33 Rig Analytics Market Roundup.Report SummaryContractsBorr Drilling 400-ft jackup Prospector 1 has secured a contract extension with ONE-Dyas for work offshore the UK and the Netherlands, scheduled to run from February to April 2025.Shelf Drilling 300-ft jackup Harvey H. Ward has received a notice of suspension…
Cruise Vessel MS Amera Gets a New Lease on Life
Shipowners in all sectors face the same decision: build new or refurbish older tonnage. In the booming cruise sector the decision is more pressing, particularly as new construction ships can take two to three years to build, perhaps longer today with global shipyard orderbooks packed full.When the decision was taken to upgrade the nearly 40-year-old MS Amera, trust for the project landed with BSM Cruise…
Freedom Flotilla Activists take aim at Gaza Blockade
Activists from several countries are setting out on a converted trawler to defy an Israeli blockade and deliver humanitarian aid to Palestinians in the Gaza Strip."The purpose of this mission is to send a message that civil society is not OK with what's happening in Gaza," said Fellipe Lopes, the Portuguese media coordinator of the Freedom Flotilla Coalition on board the ship Handala during a stopover in Malta."We expect to encounter resistance throughout our mission…
Poland Calls Nord Stream Attack Insinuations 'Groundless'
Suggestions that Ukrainian authorities supported by Poland were behind planning and executing the sabotage attack on Nord Stream gas pipelines in 2022 are groundless, the Polish president's aide said on Sunday.Germany's former intelligence chief August Hanning told Die Welt this week he believed there were agreements between presidents of Poland and Ukraine to carry out the attack."These are completely groundless insinuations…
