Ship Recycling Markets See a Little Action
This week has seen about USD 10/LDT gained across the board in ship recycling markets, says cash buyer GMS, and Bangladesh has leapfrogged India for pole position including the purchases of two Panamax bulk carriers in the USD 470s/LDT.“Although the general feeling is that sub-continent ship recycling markets have likely bottomed out, there remains cautious optimism within the community as we head towards 2025.
Russian, Indonesian Navies Hold Joint Drills
Russian and Indonesian ships practiced freeing a vessel captured by terrorists and fought unmanned boats during the first joint naval exercises between the two countries in the Java Sea, Russia's RIA state news agency reported on Monday.The joint exercise, which started last week, came as newly inaugurated Indonesian President Prabowo Subianto pledged closer ties with Russia on defence, in a bid to…
Seatrium Adds Heavy Lift Vessel to Project Schedule
Seatrium has signed a Letter of Intent (LOI) with Japan-based Penta-Ocean Construction (POC) to carry out early engineering work for a 5,000t fully-revolving heavy lift vessel project for the Japan wind market.Subject to the final investment decision by POC, the full EPC contract award is expected in 1Q 2025.POC owns a range of self-propelling trailing suction hopper and cutter suction dredgers for…
NZ Prime Minister Accused of Being Cryptic on Live Export Restart
New Zealand animal welfare group SPCA is critical of New Zealand Prime Minister Christopher Luxon, saying he has refused to provide answers about his plans to restart the export of live animals by sea.A ban was implemented by the previous government after the Gulf Livestock 1 capsized in 2020 leaving 41 crew and 6,000 cattle missing.Luxon has reportedly declined to say if the public will be consulted on the policy and process…
Stena Launches Meatball Revolution
By replacing half of the meat in their meatballs with yellow pea mince, Stena Line aims to reduce meat consumption by 35 tons next year.The company hopes the change will go unnoticed. The 50/50 meatballs will have half of the meat from their meatballs and mashed potato dish replaced with a plant-based mince made from yellow peas.This means that the 2.5 million meatballs served on board each year will contain 35 tons less animal protein.
Commander of Royal Canadian Navy Visits Geoje Shipyard
On November 10, Vice Admiral Angus Topshee, the 38th Commander of the Royal Canadian Navy, visited Hanwha Ocean’s Geoje shipyard and discussed Canada’s upcoming submarine acquisition project.This visit marks a significant step in the bidding process for the Canadian Patrol Submarine Project (CPSP), in which Hanwha Ocean is actively participating.During the visit, Hanwha Ocean introduced the KSS-III Batch-II submarine, a model that the proposed KSS-III CPS for CPSP is based upon.
USS John Basilone Commissioned
The US Navy’s newest Arleigh Burke-class guided-missile destroyer, USS John Basilone, has been commissioned.DDG 122 became the 74th ship of her class and the second ship to bear the namesake of John Basilone, the only Enlisted Marine to earn the Medal of Honor and the Navy Cross during World War II.While John Basilone and his beloved wife Lenah Mae (Riggi) Basilone didn’t have children, GySgt Basilone’s niece…
Japanese Navy Ship on Fire, One Missing
Fire broke out on a Japanese warship sailing near the western part of the country, causing one crew member to be hospitalized due to smoke inhalation, while another was missing, Japan's navy said on Sunday.The Japan Maritime Self-Defence Force (JMSDF) said the minesweeper Ukushima was sailing off the coast north of Fukuoka in the island of Kyushu when the fire occurred at around 9:40 a.m. local time (0040 GMT).Admiral Akira Saito later said firefighting efforts were ongoing as of 8:30 p.m.
Baker Marine Solutions Unveils Inland Towboat Design
Baker Marine Solutions is unveiling its newest towing vessel design and the International WorkBoat Show.The BMS 1882 - A 6000 HP Inland Towboat is designed for the inland waterway and transportation market.At a length of 170ft, the design boasts accommodation for a 10-person crew while providing ample living, recreation and leisure spaces to ensure crew comfort and habitability.Powering this 6000HP…
