Signs of Recovery for Ship Recyclers in 2024
![Source: GMS](https://images.marinelink.com/images/maritime/w100h1500/source-gms-146707.jpg)
After what has been an overall miserable 2023 in the ship-recycling industry and even worse six-month tail end, 2024 seems to be off with just a little more hope and a chance at recovery as positive signs seem to permeate through the markets, says cash buyer GMS.Critical factors such as declining currency values (except in India), flatlining / declining local steel plate prices, and the dreadful (and ongoing) lack of funding on fresh acquisitions (in Bangladesh and Pakistan)…
Provaris Engages DNV for H2Neo Carrier Tank Review
![Illustration of Prodtex’s robotic cell for the construction and testing of the prototype tank (Source: Provaris)](https://images.marinelink.com/images/maritime/w100h1500/illustration-of-prodtexs-robotic-cell-146706.jpg)
Provaris Energy has engaged DNV for the review and approval of its H2Neo carrier's proprietary hydrogen cargo containment system.Prototype tank construction and testing remains on track to commence in Q1 CY2024 with completion expected by the end of Q2 CY2024. Additional parties involved in the work program located in Norway include Prodtex for construction and SINTEF for prototype testing and reporting.Construction will include the use of two laser welding robots…
SK E&S and Woodside Collaborate on Hydrogen and Ammonia
![2021 image of Choo Hyung-wook (Source: SK E&S)](https://images.marinelink.com/images/maritime/w100h1500/2021-image-of-choo-hyungwook-146705.png)
Australia-based Woodside and South Korea’s SK E&S have signed a non-binding Memorandum of Understanding to enable studies on the potential development of a lower-carbon hydrogen value chain, including hydrogen, ammonia and other related products.Under the agreement, Woodside and SK E&S plan to jointly explore opportunities relating to long-term ammonia and hydrogen offtake arrangements; equity participation in ammonia and hydrogen production projects…
Report Identifies Four Key US Industrial Carbon Capture Clusters
![Source: Carbon Clean](https://images.marinelink.com/images/maritime/w100h1500/source-carbon-clean-146704.jpg)
EFI Foundation CEO Ernest J. Moniz has published a new report, supported by carbon capture solutions company Carbon Clean, that describes a new coordinated regional approach in the US with great potential for significant carbon emissions reductions.The report, “A New Industrial Backbone: Exploring U.S. Regional CCUS Hubs for Small-to-Midsize Industrial Emitters” lays out a blueprint that calls for…
2023 Coast Guard Engineer of the Year Named
![Source: US Coast Guard](https://images.marinelink.com/images/maritime/w100h1500/source-us-coast-guard-146703.jpg)
Lt. Lena “Lexie” Royster, a mechanical engineer in the U.S. Coast Guard Marine Safety Center, in Washington, has been selected as the 2023 Coast Guard Engineer of the Year.The Coast Guard Engineer of the Year Award recognizes Coast Guard active duty and civilian engineers for their accomplishments and achievements. The award’s selection panel considers many factors including engineering accomplishments…
MARAD and AAPA Working to Identify US Port Cargo Handling Needs
![© Dragoș Asaftei / Adobe Stock](https://images.marinelink.com/images/maritime/w100h1500/drago-asaftei-adobe-stock-146702.jpeg)
The U.S. Department of Transportation’s Maritime Administration (MARAD) and the American Association of Port Authorities (AAPA) announced they are surveying port authorities and marine terminal operators to identify national port cargo handling needs over the next five to 10 years.In addition, through interviews with ports and U.S. manufacturers, this effort will assess the interest and capability…
Air Circulation Begins on Genius Star XI
![Source: US Coast Guard](https://images.marinelink.com/images/maritime/w100h1500/source-us-coast-guard-146701.jpg)
An air circulation operation has begun on the 410-foot general cargo vessel Genius Star XI which is currently at anchor off Dutch Harbor, Alaska.The vessel, carrying lithium-ion batteries, caught fire on Christmas Day. In response, the crew released carbon dioxide into hold No. 1 and sealed it over concerns of an explosion.The purpose of the air circulation is to increase air flow in the cargo holds so that personnel can enter.
War, Weather Put Ocean Shippers on Notice for Rough Seas in 2024
![© Daniel / Adobe Stock](https://images.marinelink.com/images/maritime/w100h1500/daniel-adobe-stock-146700.jpeg)
Recent hostilities in the Red Sea have thrown global shippers of vital goods for a loop - but it is hardly the only issue that big carriers are facing as 2024 kicks off.Giants like Maersk say the industry, which handles 90% of global trade, faces the possibility of significant disruptions, from ongoing wars to droughts affecting key routes like the Panama Canal. Complex vessel schedules are likely to be knocked out of sync for giant container ships…
Iran Guards Commander Challenges 'Enemy' Naval Presence in Region
![© luzitanija / Adobe Stock](https://images.marinelink.com/images/maritime/w100h1500/luzitanija-adobe-stock-146699.jpeg)
The commander of Iran’s Revolutionary Guards vowed on Saturday to reach "the enemy" far and near as tensions soar on key shipping routes where Tehran’s allies have been attacking vessels."Today, we are facing an all-out battle with the enemy," said Guards commander Hossein Salami at a ceremony in the southern Gulf port city of Bandar Abbas, where the Guards' navy unveiled a new ship named "Abu Mahdi" and 100 missile launchers.Salami did not name the enemy…
Merchant Vessel Approached by Six Craft Near Yemen
![© Robert / Adobe Stock](https://images.marinelink.com/images/maritime/w100h1500/robert-adobe-stock-146698.jpeg)
Six small craft approached a merchant vessel about 50 nautical miles from the Yemeni city of Mocha on Saturday before leaving the area, the United Kingdom Maritime Trade Operations (UKMTO) organization said."The vessel and crew were reported safe," UKMTO added in an advisory note on the incident.Yemen's Iranian-backed Houthi militants have stepped up attacks on commercial vessels in the Red Sea in protest against Israel's war in Gaza.
COSCO Halts Shipping to Israel
![© aerial-drone / Adobe Stock](https://images.marinelink.com/images/maritime/w100h1500/aerialdrone-adobe-stock-146697.jpeg)
Chinese shipping firm COSCO has suspended shipping to Israel, Israeli financial news website Globes reported on Sunday.The report, which did not include details behind the decision, came as shipping lanes in the Red Sea have been disrupted by attacks carried out by Iranian-backed Houthi militants in Yemen.COSCO offices in Israel declined comment. Israeli port officials said they were checking the report.(Reuters - Reporting by Ari Rabinovitch and Steven Scheer; Editing by Tomasz Janowski)
24,188 TEU 'Mega Vessel' Delivered to OOCL
![OOCL Valencia (Photo: OOCL)](https://images.marinelink.com/images/maritime/w100h1500/oocl-valencia-photo-oocl-146696.jpg)
Orient Overseas Container Line Ltd. (OOCL) announced it has taken delivery of another new 24,000 TEU mega vessel.Named OOCL Valencia during a ceremony at China's Nantong COSCO KHI Ship Engineering Co., Ltd., the newbuild is the seventh eco-friendly 24,188 TEU vessel in a series of 12 ordered by OOCL. It will serve OOCL’s Asia-Europe LL1 service.YU Tao, Director and Member of Executive Committee of OOCL…
St Johns Ship Building Delivers First CTV for WINDEA
![(Photo: St. Johns Ship Building)](https://images.marinelink.com/images/maritime/w100h1500/photo-st-johns-ship-building-146695.jpg)
Palatka, Fla. shipyard St. Johns Ship Building announced it has delivered WINDEA Courageous, the first of three Jones Act compliant crew transfer vessels (CTV) ordered by WINDEA CTV, a partnership between Hornblower Wind and MidOcean Wind.The 30-meter-long WINDEA Courageous and its sister vessels are designed by Incat Crowther and each have capacity to carry 24 technicians, plus six crew. The Bureau…
Heddle Shipyards Rebrands as Ontario Shipyards
![(Photo: Ontario Shipyards)](https://images.marinelink.com/images/maritime/w100h1500/photo-ontario-shipyards-146694.jpg.jfif)
Canada's Heddle Shipyards announced it has rebranded as Ontario Shipyards.The name change was made to "reflect the next phase of [the] company's growth and future success", it said in a statement, noting that the new name also embraces the province's shipbuilding legacy."The province of Ontario was once the epicenter of shipbuilding in Canada, with more than 80 commercial and government vessels built at the Port Weller Dry Docks and many more at the historic Thunder Bay Shipyard.
India Navy Rescues Bulk Carrier Crew After Arabian Sea Hijack Attempt
![(Screenshot from a video shared by the Indian Navy on social media)](https://images.marinelink.com/images/maritime/w100h1500/screenshot-from-a-video-shared-146693.jpg)
The Indian Navy on Friday rescued the crew of a merchant vessel after its attempted hijack in the Arabian Sea and said it had not found any pirates on board.An Indian Navy warship intercepted the Liberian-flagged MV Lila Norfolk bulk carrier less than a day after it had received a report that the vessel had been hijacked about 460 nautical miles off Somalia.About five to six armed people boarded the vessel on Thursday…
Ulstein Inks Deals with JP Morgan for Offshore Wind CSOV Newbuilds
![(Credit: Ulstein)](https://images.marinelink.com/images/maritime/w100h1500/credit-ulstein-146692.jpg)
Norwegian shipbuilder Ulstein Verft has signed contracts with J.P. Morgan Asset Management for offshore wind Construction Service Operation Vessel (CSOV) newbuilds.In 2023, Bernhard Schulte Offshore ordered the design and construction of two such vessels from Ulstein under a contract which included options for two plus two vessels.These options have been transferred to institutional investors advised by J.P.
Maersk Diverts All Its Vessels from Red Sea ‘For the Foreseeable Future’
![© Fotokon / Adobe Stock](https://images.marinelink.com/images/maritime/w100h1500/fotokon-adobe-stock-146691.jpeg)
Danish shipping giant Maersk has decided to divert all its vessels due to transit the Red Sea and Gulf of Aden south around the Cape of Good Hope in Africa for the foreseeable future.In a statement issued on January 5, Maersk said the situation in the Red Sea remains highly volatile, and all available intelligence at hand confirm that the security risk continues to be at a significantly elevated level.The company decided to pause all vessels bound for the Red Sea and Gulf of Aden on January 2…
NOAA Hosts GOM Hiring Events for Research Ship Jobs
![Professional mariners deploy equipment used for shark research on NOAA Ship Oregon II. (NOAA Marine and Aviation Operations/ENS Justin Weeks)](https://images.marinelink.com/images/maritime/w100h1500/essional-mariners-deploy-equipment-used-146690.jpg)
NOAA Marine and Aviation Operations will hold two hiring events in the Gulf Coast region to recruit professional mariners to work aboard NOAA’s ocean research ships. The first event will be in Mobile, Alabama on Jan. 23 and the second is in New Orleans on Jan. 25.NOAA operates a fleet of 15 hydrographic survey, oceanographic research and fisheries survey vessels. NOAA ships operate in the U.S. and around the world.
Samsung Heavy Industries Gets $1.5B FLNG Order
![(Credit: Cedar LNG)](https://images.marinelink.com/images/maritime/w100h1500/credit-cedar-lng-146689.jpg)
Samsung Heavy Industries (SHI) has secured an engineering, procurement and construction (EPC) contract for a new floating LNG production unit worth $1.5 billion.SHI formed a consortium with Black & Veatch for the delivery of the new FLNG unit, subject to final investment decision for the project (FID) being developed by the 'North American client'.Undisclosed by SHI, the client is most likely Haisla Nation and Pembina Pipeline Corporation (Pembina)…
MOL Signs Charter Contract with Yara for Ammonia Carrier
![Ammonia carrier Green Pioneer (Credit: MOL)](https://images.marinelink.com/images/maritime/w100h1500/ammonia-carrier-green-pioneer-credit-146687.jpg)
Japanese shipping major Mitsui O.S.K. Lines has signed a time charter contract for the ammonia carrier Green Pioneer with Yara Clean Ammonia Switzerland, a group company of Yara International.The vessel was delivered on December 25,2023 and is expected to be engaged in the transportation of ammonia, mainly in the Pacific region.Ammonia is now mainly used as a raw material for fertilizers, but it is…