Freire Shipyard Launches Briggs Marine Vessel
On July 5, 2024, Briggs Marine's new Maintenance Support Vessel was launched in Vigo at Freire Shipyard.The vessel was designed by Cintranaval and Freire’s design department, configured to support Briggs’ ongoing contracts with the UK Government, offshore wind farms and commercial ports. The vessel will primarily undertake inspection, servicing, and replacement of Aids to Navigation (AtoN) and heavy…
Solar, Wind Uptake to Reach 5.4 TWac from 2024 to 2033, Says Wood Mackenzie
Global solar deployment to add 3.8 TWac of new project capacity by 2033 compared to 1.6 TW of wind power, while 640% growth is forecast for energy storageFrom 2024 to 2033, developers will bring more than 5.4 terawatts (TWac) of new solar and wind capacity online, increasing the cumulative global total to 8 TWac, as the world endeavours to electrify economies and meet decarbonisation targets, according…
Two Russian Warships Sent on Training Mission to Asia-Pacific Waters, Interfax Reports
Two corvettes of the Russian navy's Pacific Fleet left the port of Vladivostok in Russia's Far East to carry out training missions in the Asia-Pacific region, the Interfax news agency cited the fleet's press service as saying on Monday."When leaving the main base of the fleet, the crews of the ships practiced emergency preparations for battle and sailing, and when passing through a narrow area, they conducted training in repelling a UAV (unmanned aerial vehicle) raid of a mock enemy," the agency
Petronas Adds Three New LNG Vessels Ahead of LNG Canada Start-Up
Malaysian state energy firm Petroliam Nasional Berhad (Petronas) on Monday said it would add three energy-efficient LNG vessels to its North American operations.The addition of the vessels, which brings the total number in Petronas' fleet in North America to six, comes ahead of the start-up of LNG Canada's gas-export facility due later this year, the company said in a statement.Petronas has a 25% stake in the LNG Canada plant in Kitimat…
GMS: Ship Recycling Activity Minimal
It has been another tentative time in the global ship recycling markets as overall this week, reports cash buyer GMS, as sale and purchase activity and local arrivals / deliveries reported minimal movements at the various waterfronts.Indian sub-continent ship recyclers are approaching the monsoon season with a ‘wait-&-watch’ mindset prior to committing afresh on tonnage, especially since virtually…
MODU Market Shrugs Off Contract Suspensions
The Middle East Gulf offshore market continues to exhibit strong growth in contract awards, even as it adjusts to the decision by Saudi NOC Aramco to suspend contracts for over 20 jack-up rigs.The Gulf region continues to contribute strongly to contract volumes in 2024. MSI tracked circa $50bn of contract awards during the first half of 2024, a rate which if continued will see 2024 capex spend outstrip levels seen in 2022 and 2023.
Esgian Week 27 Report: A Lull in Contracting
Esgian provides an update on the current lull in contracting in its Week 27 Rig Analytics Market Roundup.Report SummaryContractsAban Offshore-owned 250-ft jackup Aban II has received a letter of award (LOA) from Oil India for an offshore work program in Andhra Pradesh, India.Shelf Drilling North Sea has secured a new 17-month contract for the 400-ft Shelf Drilling Winner (previously known as Noble…
IMO Technical Cooperation Committee Advances Capacity Development Strategy
The Technical Cooperation Committee held its 74th session at IMO Headquarters in London from Junw 24 to 28 and made progress on the IMO Capacity-Development Strategy for providing technical support for Member States. The Committee approved a new title (IMO Capacity-Development Strategy) and structure for the document. The draft revised comprehensive strategy combines the existing Capacity-Building Decade 2021-2030 Strategy…
Fincantieri Floats Out Viking Vesta
Viking Vesta, the newest cruise ship which Fincantieri is building for the shipowner Viking, has been floated out at the shipyard in Ancona, Italy.The vessel will enter service in the summer of 2025, offering itineraries in the Mediterranean and Northern Europe.The vessel will be placed in the small cruise ship segment. She will have a gross tonnage of about 54,300 tons, will be equipped with 499 cabins, and accommodate 998 passengers.
Golar LNG Signs 20-Year FLNG Deal
Golar LNG has entered into definitive agreements with Pan American Energy (PAE) for a 20-year deployment of a floating liquefied natural gas (FLNG) vessel in Argentina.The FLNG project will monetize Argentine gas, tapping into the vast resources from the Vaca Muerta shale formation in the Neuquina Basin, the world's second-largest shale gas resources. The project is expected to start LNG exports within 2027…
China Anchors “Monster Ship” in South China Sea
The Philippine Coast Guard (PCG) said on Saturday that China's largest coastguard vessel has anchored in Manila's exclusive economic zone (EEZ) in the South China Sea, and is meant to intimidate its smaller Asian neighbour.The China coastguard's 165-meter 'monster ship' entered Manila's 200-nautical mile EEZ on July 2, spokesperson for the PCG Jay Tarriela told a news forum.The PCG warned the Chinese vessel it was in the Philippine's EEZ and asked about their intentions…
EU Naval Mission Says It Destroyed Drones in Gulf of Aden
The EU naval mission protecting ships crossing the Red Sea said its frigate Psara had destroyed two unmanned aerial vehicles in the Gulf of Aden on Sunday.The Aspides mission began in February in response to drone and missile attacks on vessels by Iranian-aligned Houthi militants.
Iranian Warship Capsizes During Repairs
The Iranian navy frigate Sahand capsized during repairs in the southern port of Bandar Abbas, Iranian state media reported on Sunday."As Sahand was being repaired at the wharf, it lost its balance due to water ingress. Fortunately ...the vessel is being returned to balance quickly," the official news agency IRNA reported, citing a navy statement.It did not specify when the accident occurred.
Port of Houston Shut Ahead of Tropical Storm Beryl
The largest ports in Texas closed operations and vessel traffic on Sunday as Hurricane Beryl intensified as it approached the Texas coast near Houston.Beryl, which left a trail of destruction this week in the Caribbean, killing at least 11 people, was now a category 1 hurricane and may strengthen into a category 2 by landfall on Monday, the U.S. National Hurricane Center (NHC) said.The ports of Corpus Christi…
Hornblower Completes Financial Restructuring
Hornblower Group has emerged from Chapter 11 bankruptcy under new ownership following the completion of its court-approved financial restructuring plan, the marine transportation and experiences company announced on Friday.Under the plan approved by the U.S. Bankruptcy Court for the Southern District of Texas, majority ownership of San Francisco-based Hornblower has transitioned to funds managed by investment firm Strategic Value Partners (SVP)…
WINDEA CTV Fleet Takes Shape
With its two latest vessel deliveries, WINDEA CTV has completed its inaugural fleet of Jones Act qualified crew transfer vessels (CTV) to service the growing U.S. offshore wind industry.The four brand-new Incat Crowther-designed hybrid-ready CTVs—including the previously delivered WINDEA Courageous and Intrepid, as well as the recently completed and delivered WINDEA Ranger and Enterprise—were constructed by St.
Malte Willer to Lead E&S Tankers
Malte Willer has been appointed as the successor Jan Eghøj as head of European short-sea shipping company E&S Tankers, the company announced.The handover process will be completed by mid-August when Eghoej will leave the company and Willer will take over as managing director. Willer brings to the role a strong knowledge of the European chemical tanker market, E&S Tankers said.The company also revealed that Christian Vang will take up the role of commercial director…
CSL Orders Transhipment Vessel to Support the Mardie Project
Canadian shipping company CSL announced it has signed a 21-year strategic partnership with BCI Minerals Limited to build and operate an innovative transhipment vessel to support the Mardie Salt and Potash Project.The custom-designed 16,000 dwt shallow draft transhipper will handle 5.35 million tonnes of salt and 140,000 tonnes of sulfate of potash per year. Loading will take place at BCI’s jetty loadout facility in Cape Preston…
Nordic Fender and SkyLab Advance Smart Fenders
Nordic Fender has entered a strategic partnership with SkyLab IoT for the development and expansion of smart fender and buoy solutions that provide real-time data worldwide.Nordic Fender products can now benefit from live monitoring of critical parameters such as air pressure, temperature, humidity, acceleration, angle and rotation (X, Y, Z), and location services based on GPS, GNSS, geolocation, and WiFi/MAC addresses.
Seatrium Secures LNG Carrier Retrofit Contract from Angelicoussis Group
Seatrium has secured a Favoured Customer Contract (FCC) with Angelicoussis Group, the largest shipping group in Greece and one of the world’s largest privately-owned fleets with 141 ships operating under Maran Gas, Maran Tankers and Maran Dry.The two-year contract with one-year renewal option includes the refit of 10 to 15 vessels per year comprising LNG carriers, tankers and bulk carriers. The partnership will involve close co-operation in joint planning…