Pangaea Takes Full Control of Nordic Bulk Partners
Pangaea Logistics Solutions Ltd., announced a definitive agreement to purchase the remaining 50% equity ownership of its consolidated subsidiary, Nordic Bulk Partners LLC, from HS Nordic LLC, for $17.2 million in cash.The deal is expected to be completed by November 1, 2024. It will see Pangea own 100% of the equity in Nordic Bulk Partners, a joint venture established in 2019 to construct four Ice…
Seafarer Arrested for Flying Drone in Norwegian Port
A ship’s officer on board a commercial vessel was recently arrested, fined and at risk of being deported from Norway for flying his personal drone over a commercial port in Norway, where the vessel was berthed.The incident was detailed in a report from P&I club Gard, who said the seafarer, a European national, was aboard one its member’s vessels."Norwegian and other national authorities take these…
Philippines, China Trade Blame in Latest South China Sea Spat
The Philippines accused China's coast guard on Tuesday of firing water cannon at government ships taking supplies to fishermen at a disputed shoal in the South China Sea, but Beijing said its "control measures" followed the boats' intrusions in its waters.The incident was the two countries' latest run-in regarding the Scarborough shoal, a fishing ground within the Philippines' exclusive economic zone that China claims as its territory."We urge the Philippines to immediately cease its violations…
Eni Scales Up LNG Bunkering Activities through Avenir LNG Charter Deal
Eni has signed a charter agreement for the LNG bunker vessel Avenir Aspiration with Avenir LNG to support an expand in activities in LNG bunkering market.The bunker vessel will supply LNG for cargo and passenger ships, which are increasingly being powered by LNG due to its lower environmental footprint compared to conventional fuels and its full compliance with the most recent standards in terms of…
Vard Secures Deal to Build Another CSOV for Norwind Offshore
Vard, Norwegian subsidiary of the Fincantieri Group, has signed a new contract for the design and construction of one tailor-made Commissioning Service Operation Vessel (CSOV) for Navigare Capital Partners.The contract, established in close collaboration with Norwind Offshore in which Navigare Capital Partners holds a shareholding position, represents the first option to be exercised from the agreement signed in March 2024.In addition to this contract…
CBED’s Wind Evolution CSOV to Stay a Little Longer with Hughes Subsea
Danish shipowner CBED has secured a one-year contract extension with Hughes Subsea, an OEG Renewables company, for its Wind Evolution commissioning service operation vessel (CSOV).Only six months into the Wind Evolution’s first contract with Hughes Subsea, the charter has now been extended one year and will run until January 2026.Earlier this year, CBED announced the first project for the newly acquired CSOV…
VINCI Set to Acquire Two Dutch Maritime Specialists
VINCI Energies has expanded its industrial activities into a new market segment in the Netherlands with the acquisition of RH Marine and Bakker Sliedrecht, a group of two companies specializing in the maritime sector.By joining VINCI Energies’ network of companies, RH Marine and Bakker Sliedrecht are helping to enhance the division’s offering in the industrial services market and strengthen its presence in the Netherlands.Founded in 1860…
Russia and China Conduct Drills in Pacific
Russian and Chinese navy warships have practiced anti-submarine missions in the northwestern Pacific Ocean as part of a joint patrol in the Asia-Pacific region, Russian news agencies reported on Tuesday."A tactical group of warships maneuvered and formed a marching order to organize anti-submarine defense," Interfax agency cited the press service of the Russian Pacific Fleet as saying.The agency reported that Russian and Chinese Navy ships have begun joint patrols after participating in the Beib
Russia Attacks Second Cargo Ship in Two Days
A Russian missile hit a Palau-flagged vessel in Ukraine’s southern port of Odesa on Monday, killing one Ukrainian national and injuring five foreign nationals, regional governor Oleh Kiper said on Telegram.The attack was the second on a ship in as many days in southern Ukraine.
Ports Restrict Navigation, Some Oil Facilities Shut as Milton Approaches Florida
At least one oil and gas platform in the U.S. Gulf of Mexico was shut on Monday and Florida ports imposed restrictions on vessel navigation as Hurricane Milton rapidly intensified.Most energy infrastructure on the U.S. Gulf Coast, including oil and gas production facilities, liquefied natural gas (LNG) plants and refineries, is expected to be out of the storm path, but the closure of terminals could…
Holt Lock Reopens After Temporary Fix
The Holt Lock on the Black Warrior River in Holt, Ala., has reopened after being closed earlier this year due to concerns about its structural stability.The U.S. Army Corps of Engineers closed the lock on June 22 after the Mobile District engineering team conducted an initial stability analysis that identified cracks and leaks in the lock's infrastructure."The analysis, which utilized known data and certain assumptions…
Viking Supply Ships to Upgrade Four AHTS with Subsea Cranes
Sweden-based Viking Supply Ships announced it has secured a contract for four 100-ton heave-compensated offshore cranes to be installed on its fleet of ice classed anchor handling tug supply (AHTS) vessels.These advanced cranes will enhance the vessels' capabilities, positioning them to meet the increasing demand within the subsea sector. The upgrades will enable the vessels to handle a wider range of assignments across both the oil and gas industry…
Three Foil Assist Catamarans Delivered to Hawaiian Tour Boat Company
Port Angeles, Wash. boatbuilder BRIX Marine has launched three custom-built 34-foot foil assist catamarans for Na Pali Experience, a boat tour company in Kaua'i, Hawaii. The three USCG Subchapter "T" vessels Kulea, Lanakila and Tokihi were designed in collaboration with Jutson Marine Design and feature asymmetric catamaran hulls and midship-mounted hydrofoils for improved performance in varying sea conditions.
New Vessel Launched for Lake Superior Research Institute
Harvey, La. shipbuilder Midship Marine has launched a new low-emission battery hybrid research vessel for the Lake Superior Research Institute (LSRI) at the University of Wisconsin-Superior.Described as a "floating classroom", the 65-foot aluminum catamaran Sadie Ann has been will support the university’s on-water education and research in the the icy waters of Lake SuperiorThe Incat-Crowther-designed vessel is 24-feet wide with a maximum capacity of 49 passengers and eight crew.
Cyber Threats to Maritime Vessels Grow Exponentially
Cyber threats to maritime are increasing rapidly, and later this year Marlink will unveil a report which classifies the growing problem. From common phishing schemes to targeted attacks on command and control systems, Cedric Warde, Vice President, Global Sales – Digital, Marlink discusses the threats and the means to help avoid them.REGISTER NOW for a free to attend micro conference on new and emerging USCG Cyber Security Rules - November 13…
Ukraine Damages Russian Warship in the Baltic Sea
A Ukrainian sabotage operation has damaged a Russian minesweeping vessel in Russia's Kaliningrad region and put it out of action, Ukraine's military spy agency said on Monday.The spy agency, known by the acronym GUR, said it was the second attack it has carried out on a Russian warship in the Baltic Sea this year.The agency did not say how it had conducted the latest operation, but said water had entered…
Crafting Dependability: The Island Vessel Built for Any Challenge
The owners of a private island in the U.S. rely on vessel transport as a lifeline to the mainland. Their boat, used for carrying supplies and even supplying medevac support in emergency situations, must be able to run at any time, in all conditions.So when it came time for their existing vessel to be replaced, the island’s owners sought a new vessel that would be rugged and reliable enough to withstand the harshest weather…
Wind Assisted Propulsion Installed on Jumbo Jubilee
Two mechanical sails have been installed on board Jumbo's heavy lift vessel (HLV) Jumbo Jubilee. The wind assisted ship propulsion (WASP) solution is the latest in a series of innovative technologies installed to the vessel in a bid to boost fuel efficiency and cut carbon.Jumbo is committed to advancing sustainable heavy-lift shipping with innovative energy-saving and decarbonization initiatives across its fleet…
Genco Buys Eight-year-old Capesize Vessel for $47.5 Million
U.S. drybulk shipowner Genco Shipping & Trading Limited on Monday announced it has agreed to acquire a 2016-built 180,000 dwt Capesize vessel for a purchase price of $47.5 million.Genco said it expects to take delivery of the vessel, to be named the Genco Intrepid, from an undisclosed seller within the next 30 days. The company added that it intends to fund the acquisition with cash on hand and a drawdown from its revolving credit facility.John C.
UAE Operator’s AHTS Gets New Thordon Bearings in Offshore Replacement Op
Bronze bearings in the stern roller of the Anchor Handling Tug Supply (AHTS) Vessel ES Kestrel have been replaced with grease-free SXL bearings from Thordon Bearings while the vessel remained afloat and operational.The replacement was undertaken in May 2024 by Thordon’s Dubai-based distributor Ocean Power International (OPI) for the AHTS owner Echo Cargo & Shipping of U.A.E.While typically checked during routine drydocking…
