Cyan Renewables, Hyundai to Set Up Offshore Wind Vessel Suply Chain in South Korea
Cyan Renewables, a portfolio company of Seraya Partners, has entered into a strategic collaboration with Hyundai Asset Management to establish a robust vessel supply with strong local content for South Korea's offshore wind market.Cyan Renewables, an international maritime operator specializing in offshore wind support vessels, has signed a memorandum of understanding (MoU) with Hyundai Asset Management…
Fit for Refit: Castoldi Launches 400HCT Turbodrive Waterjet
Castoldi launched the latest in a new range of hydrodynamically optimized waterjets; the Turbodrive 400 HCT.With a 400 mm jet housing, hydraulic gearbox/clutch and high thrust efficiency, the Turbodrive 400 HCT was designed using Computational Fluid Dynamics (CFD) software.The development of the new family of Castoldi HCT waterjets started 12 years ago and according to Giacomo Castoldi, owner at Castoldi S.r.l.
Maris Fiducia Finds Industry Partners for Hydrogen-Powered Bulk Shipping
Maris Fiducia Norway has entered into cooperation agreements with maritime technology company HAV Hydrogen and the hydrogen producer and distributor Norwegian Hydrogen with the objective of developing, building and operating hydrogen-powered dry-bulk vessels in Europe.The vessels are being designed by the Dutch ship designer Ankerbeer. Upon successful completion of the project, the vessels will go on hire through a zero-emission time charter agreement with Schulte & Bruns…
Black & Veatch Completes Feasibility Study for Colombia’s New LNG Terminal
Black & Veatch has completed a feasibility study for the planned Andes Energy Terminal, a liquefied natural gas (LNG) regasification terminal and power plant.The study assessed site suitability, project design requirements, capital and operating costs, financial viability, financing options, climate resilience, and implementation and construction plans.Beginning with a site assessment that focused on the landscape of the area…
Cadeler Secures Up to $140M in Vessel Agreements with Equinor and Polenergia
Danish offshore wind installation firm Cadeler has secured vessel reservation agreements with Equinor and Polenergia joint ventures MFW Bałtyk II and MFW Bałtyk III, marking the first contract between the companies.Both MFW Bałtyk II and MFW Bałtyk III are 50% owned by Equinor and 50% by Polenergia.The aggregate potential value of the contracts to be negotiated during the pendency of the vessel reservation…
Eco Edison: First US-built SOV Christened
The first-ever American-built, owned, and crewed offshore wind service operations vessel (SOV) was christened during a ceremony on Saturday in the Port of New Orleans.Edison Chouest Offshore's (ECO) recently completed ECO Edison will play an integral part of the operation and maintenance of Ørsted and Eversource’s South Fork Wind, Revolution Wind and Sunrise Wind projects as the U.S. offshore wind industry continues to ramp up in the U.S.
Body Camera Video Captures First Reactions to Baltimore Bridge Collapse
Body camera video captured the shocked reactions of first responders in the aftermath of the collapse of a Baltimore bridge in March in which six men were killed.The recordings, obtained by local media on Friday, offer a snapshot of the incredulity of officers from the Maryland Natural Resources Police as they approached the site where the Francis Scott Key Bridge in Baltimore collapsed."Dude, this is fucking bad…
Worker Dies in Accident at Peru's Chancay Megaport Project
Hong Kong-based Cosco Shipping Ports said on Saturday that a worker died in an early-morning accident at a megaport it is building on Peru's Pacific coast.The worker was doing sanding and painting work at the deepwater Chancay Port Terminal when the accident occurred, the company said in a statement.The company said it was investigating the circumstances of the incident and was coordinating with authorities.Cosco…
Cruise Ship Arrives in New York with 44-foot Whale Carcass on Its Bow
Marine conservationists and government scientists are seeking clues to the mystery of how a 44-foot whale carcass ended up on the bow of a cruise liner, where it was discovered as the ship approached New York City's Port of Brooklyn over the weekend.A necropsy, the animal equivalent of an autopsy, identified the deceased marine mammal as a mature female sei whale, an endangered species typically found in deep waters far from land…
GMS: Bangladesh Recyclers Likely to Lose out to India
Towards the end of the working week, the Bangladeshi Taka crashed by about 6.4% against the U.S. dollar in a couple of days. This depreciation in the Taka will translate into higher L/C costs that should escalate by about 6% - 7% (at least), reports cash buyer GMS.This will further reduce already suffocated margins that have resulted from flatlining steel plate prices, ensuring that upcoming vessel acquisitions will be more expensive for local recyclers…
AMSA: MLC Complaints Decreased in 2023
Complaints about breaches against the Maritime Labour Convention (MLC) on ships decreased in 2023, compared to the previous year, the Australia Maritime Safety Authority’s (AMSA) latest report on seafarer welfare shows.The report records an 18% decrease in complaints to AMSA about breaches to the MLC, down to 214 complaints in 2023, from 261 complaints in the previous year.Of the complaints received in 2023…
Esgian Week 19 Report: New Offshore Acreage Offered
Esgian reports another busy week filled with a variety of updates, including new offshore acreage offered in the UK, Norway and Nigeria, in its Week 19 Rig Analytics Market Roundup.Report SummaryContractsADES Holding Company has received a direct award of a contract from Suez Oil Company (SUCO) in Egypt. The SUCO award in Egypt’s Gulf of Suez is for a firm 21-month term expected to start in the coming…
AMSA Bans Indian-Flagged Bulk Carrier
The Australian Maritime Safety Authority (AMSA) has issued a 180-day ban to the Indian-flagged bulk carrier Darya Shaan after its operator took repeated risks with the safety of the crew, vessel and Australian marine environment by not reporting serious defects to the main engine and machinery whilst the ship entered Australian ports.AMSA inspectors attended the ship at Port of Melbourne on April 26…
Philippines Sends Ships to Disputed Atoll
The Philippines said on Saturday it has deployed ships to a disputed area in the South China Sea, where it accused China of building "an artificial island" in an escalating maritime row.The coast guard sent a ship "to monitor the supposed illegal activities of China, creating 'an artificial island'," the office of President Ferdinand Marcos Jr said in a statement, adding two other vessels were in rotational…
Australia Sets Date for End of Live Sheep Exports
Australia’s Minister for Agriculture has announced that the nation’s live sheep export trade is to end on May 1, 2028.The end date will be legislated in the Labor government’s current term, after the Department of Agriculture (DAFF) developed a plan for the phase out of the industry which considered the analysis of an independent panel established for the purpose.The government has committed $107 million…
Stranded Coal Ship Departs Baltimore as Dali Salvage Work Continues
A coal ship stranded at the Port of Baltimore set sail for Singapore this week as crews work to remove the Dali container ship that crashed into the Francis Scott Key Bridge, causing it to collapse and block access to the port.The Liberian-flagged JY River exited the port via a temporary channel on Thursday, according to LSEG data and a source familiar with the ship's movements.The ship was stuck at…
Vessel Hijacking Attempt Reported off the Coast of Yemen
The United Kingdom Maritime Trade Operations (UKMTO) organization said on Friday it had received a report of a failed hijacking attempt of a vessel 195 nautical miles east of Yemen's Aden.The vessel's master reported being approached by a small craft carrying five or six armed people with ladders.Houthi militants in Yemen have launched drone and missile attacks on shipping in and around the Red Sea and the Indian Ocean to show support for the Palestinians in the Gaza war.Maritime sources say pir
Vard to Build Two CSOVs for Taiwanese Client
Norwegian shipbuilder Vard has signed a contract with an undisclosed Taiwanese customer for the design and construction of two Commissioning Service Operation Vessels (CSOVs).The customer has appointed VARD to design and construct two CSOVs’ of VARD 4 39 design.This is a new design from VARD, said to be highly versatile all-round platform for sustainable windfarm support operations both as a service…
Babcock Receives SBTi Net-Zero Validation
Defense company Babcock Intern has been grated validation from the Science Based Targets initiative (SBTi) for its science-based near and long-term emissions reduction targets aligned with reaching net-zero no later than 2050.In 2021, Babcock launched its Plan Zero 40 decarbonization strategy, which commits to the delivery of a 2030 science-based target in line with a 1.5 °C pathway and achieving 90% emissions reduction across its estate…
Building the Next-Gen Maritime Prepositioning Ship & Auxiliary Crane Ship
The Military Sealift Command’s Maritime Prepositioning Ships (MPS) and Auxiliary Crane Ships (ACS) were built 50 years ago to pre-position vehicles and supplies in forward locations and load or unload them in undeveloped or damaged port facilities. I serve with MSC’s Taluga Group, charged with finding innovative solutions to pressing problems. One of those challenges is meeting the MPS and ACS mission…
