d’Amico Tankers Buys Tanker Vessel for $31M
d’Amico International Shipping S.A. (Borsa Italiana: DIS) said its operating subsidiary d’Amico Tankers D.A.C. (Ireland) exercised its purchase option on the MT Crimson Pearl…
First German Warships Set to Cross Taiwan Strait in 20+ Years
Two German warships await orders from Berlin, their commander said, to determine whether next month they will be the first German naval vessels in decades to pass through the Taiwan Strait, drawing a rebuke from Beijing.While the U.S. and other nations, including Canada, have sent warships through the narrow strait in recent weeks, it would be the German navy's first passage through the strait since 2002.China claims sovereignty over democratically governed Taiwan…
DOF Subsea CEO: Contract extension for "most sophisticated vessel in our fleet"
DOF Subsea announced an agreement for the extension for the vessel Skandi Africa. The new commitment will now run until May 2028 and will commence in direct continuation…
184-ft. Yacht 'Bayesian' Sinks Off Italy: One Dead, Six Missing
One person died and six people were missing after a luxury yacht was struck by a whirlwind and sank off the coast of the Sicilian capital Palermo, Italian media reported. Italy's fire brigade and coast guard had earlier said divers were searching for seven missing people and did not immediately confirm that a body had been found.The 56-metre-long (184-ft) luxury sailboat, which was British registered…
MOL Mulls Cow Dung for Fuel
Mitsui O.S.K. Lines (MOL) and a group of industry partners have launched a study into the benefits of producing biomethane from cow dung.The dung is expected to be sourced from the thriving dairy industry in Hamanaka, Hokkaido, and be used for industry and shipping fuel.MOL points to its desirability as it can be used in existing gas infrastructure and transport.The European Biogas Association states…
Environmental Group Backs Out of Scarborough Litigation
Woodside and the Australian Conservation Foundation (ACF) have agreed to dismiss the ACF’s challenge to a primary environmental approval for Woodside’s Scarborough Energy Project.The Scarborough Energy Project has all primary environmental approvals in place and offshore work is progressing well. However, the Federal Court proceedings sought an injunction to stop offshore activities for the project.Woodside…
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…
GOM Floating Production Vessel gets Award-Winning Mooring Tech
Bardex completed its phase of floating production system (FPS) for the Shenandoah project: delivering its Off Vessel Tensioning (OVT) BarLatch mooring system. When installed, the FPS will be located in the deepwater Gulf of Mexico at more than 1800 m water depth. This is the second FPS project in which Bardex partnered with HD Hyundai Heavy Industries to supply its patented OVT BarLatch system. The first was the King’s Quay FPS…
China Merchants' to Buy 10 Tanker Vessels from Dalian Shipbuilding
China Merchants Energy Shipping Co Ltd will purchase 10 tankers in total from Dalian Shipbuilding for a total of $921m. Of the 10, five of the ships will be VLCCs; five will be Aframax takers.
China’s First Offshore Wind Power SOVs Delivered
AUGUST 16, 2024 - Today, the first two China-built offshore wind power SOVs (Service Operation Vessels) ZHI ZHEN 100 and ZHI CHENG 60 was held in Qidong, China. The two SOVs were delivered by Shanghai Zhenhua Heavy Industries Co., Ltd. to Shanghai Electric Wind Power Group Co., Ltd., with Schulte Marine Concept (SMC) responsible for plan approval and vessels’ construction and commissioning supervision.“We are proud to have been part of this historic project…
$6M to Fund Green Hydrogen Producing Vessel
DRIFT Energy, a British startup set to make green energy at sea using sailing vessels, reports it has closed its seed funding round, led by Octopus Ventures, brining in $6m and enabling it to start vessel production in 2025.DRIFT Energy is committed to driving the transition to clean energy worldwide by deploying a fleet of high-performance sailing vessels that harness deep ocean wind to produce green hydrogen at sea and deliver it globally.
