Two Vessels Damaged in Attacks Off Yemen
Two vessels sustained damage after being hit with missiles and a sea drone off Yemen's Red Sea port of Hodeidah early on Tuesday, maritime security agencies and sources monitoring the area said.Both vessels reported that their crews were safe.One of the vessels, the Panama-flagged tanker M/T Cordelia Moon, reported being hit by an Uncrewed Surface Vessel (USV) 64 nautical miles northwest of Hodeidah…
Barge Breaks Free in High Water on the Tennessee River
A barge that broke free on the Tennessee River near Loudon, Tenn. has been recovered and secured, according to the U.S. Coast Guard.The breakaway was caused by high water stemming from Hurricane Helene.The Coast Guard said it is cautioning mariners to monitor river levels and proceed with caution when transiting the Tennessee River as the high water situation persists.Helene slammed into the Florida Panhandle as a major hurricane on September.
Samsung Heavy Industries’ FCSU Design Earns Approval from Bureau Veritas
South Korean shipbuilder Samsung Heavy Industries (SHI) has been awarded an approval in principle (AIP) for its Floating CO2 Storage Unit (FCSU) design from classification society Bureau Veritas (BV).The AIP certificate was presented to Haeki Jang, Chief Technical Officer of SHI, by Matthieu De Tugny, President of Bureau Veritas Marine & Offshore, during a ceremony at Gastech 2024.The floating CO2 storage unit features a free-form pressure tank design…
Tanker Captain Gets Prison Sentence Over Environmental Crimes
The operators of a Panama-registered tanker have been fined $2 million and the ship's captain sentenced to eight months in prison over charges stemming from environmental violations in the United States, the Department of Justice announced. Dubai-based Prive Overseas Marine LLC and Turkey-based Prive Shipping Denizcilik Ticaret, the two corporations that operated the motor tanker P/S Dream, were sentenced…
East Coast Dockworkers Strike Halts Half of US Ocean Shipping
Dockworkers on the U.S. East Coast and Gulf Coast began a strike early on Tuesday, their first large-scale stoppage in nearly 50 years, halting the flow of about half the nation's ocean shipping after negotiations for a new labor contract broke down over wages.The strike blocks everything from food to automobile shipments across dozens of ports from Maine to Texas, in a disruption analysts warned will cost the economy billions of dollars a day…
Liebherr’s Third STS Container Crane Makes Its Way to North American Port
Crane specialist Liebherr has delivered its third ship to shore (STS) container crane to PSA Penn Terminals in Philadelphia.PSA Penn Terminals received its third Liebherr STS crane in September 2024, complementing the two commissioned in 2018.The new STS crane features a 157 ft (48 m) outreach, a 60 ft (18.288 m) span, and a 50 ft (15 m) back reach, with a lift height of 115 ft (35 m) over rail and…
Brent Oil Traders Use Little Known Rule to Reroute US Cargoes
Big energy merchants trading oil cargoes that form the basis of the Brent benchmark have used an obscure clause to reroute U.S. shipments from Europe, in a practice that raises doubts over whether reforms to the crude price marker have succeeded.Brent, the most significant benchmark across commodity markets, is used to price more than 60% of globally traded crude and underpins oil futures. Its value affects fuel prices paid by consumers and businesses.The 2023 addition of U.S.
MET Group to Build Its First LNG Vessel in Partnership with Celsius
As part of its LNG growth strategy, Swiss-based MET Group has reached a partnership agreement with Celsius to build its first LNG vessel, scheduled for delivery in 2027.The LNG carrier will be constructed by China Merchants Heavy Industry (Jiangsu) and will support the growing LNG activities of MET Group.MET’s JV equity partner Celsius is a leading ship owner and operator focusing on sustainable, infrastructure…
Wärtsilä Lands System Order from Chinese Shipyard for Five New VLECs
Technology group Wärtsilä has secured an order from Jiangnan Shipyard to supply cargo handling and fuel gas supply systems for five new very large ethane carrier (VLEC) vessels.The ships are being built for Chinese owners. The order follows a similar order for cargo handling and fuel gas supply systems placed by the yard in 2023 for four VLECs.The new 99,000 m3 capacity VLECs are mainly designed to transport ethane…
Cadeler Gets Turbine Installation Job at Equinor’s and Polenergia’s OW Farms
Danish offshore wind installation firm Cadeler has signed contracts with Equinor and Polenergia for the installation of turbines at 1440 MW Bałtyk 2 and Bałtyk 3 offshore wind farms in the Polish Baltic Sea.The total potential value of these contracts to Cadeler is expected to be in the range of $134-162 million (€120-144 million), with operations scheduled to begin in 2027.Bałtyk 2 and Bałtyk 3 offshore wind farms…