Container Shippers Mitigating Green Transition Risks with Dual-Fuel Vessel Orders
Container shipping companies like Maersk, CMA CGM and COSCO have ordered hundreds of new vessels in recent years meant to help their industry slash greenhouse gas (GHG) emissions to meet rising demand from customers and regulators around the globe.Their order books, however, reflect uncertainty over which of a wide array of so-called green fuels will become the standard in the decades to come, and…
Foreign Fishing Vessels Interdicted in Australian Waters
The Australian Border Force (ABF) has successfully detected and interdicted 14 foreign fishing vessels, with a total of 112 crew onboard, in northern Australian waters.Operations were conducted between November 14 and 18, and the interdictions resulted in an apprehension and the seizure of catch and a variety of fishing and fishing-related equipment including:• 550 kilograms of sea cucumber (worth up to AUD$55…
New Zealand Delays Restart of Live Export Trade
The New Zealand Government’s plan to repeal its ban on live export by sea has been pushed back. In a statement, the Minister championing the restart of the trade, Andrew Hoggard, himself a farmer who has never exported his animals, confirmed a delay to the process and said he is committed to developing the highest standards of animal welfare. Hoggard says the discussion document on live export that…
Misunderstanding General Average Concepts Could Harm Offshore Operators
At a recent seminar in London organized by the International Underwriting Association of London (IUA) and the Association of Average Adjusters (AAA), participants heard how ignoring or not fully understanding the concept of General Average (GA) when concluding charter-party contracts for offshore services could cause problems in the event of an incident or accident.Michiel Starmans, a Fellow of the AAA and Director Legal Department of the Spliethoff Group and Alf Inge Johannessen…
ISO Publishes Standard for Methanol Fuel
The International Organization for Standardization has launched the first edition of ISO 6583:2024 – a new standard for methanol as a marine fuel.The document was prepared in cooperation with shipowners, ship operators, national standards bodies, classification societies, fuel testing services, engine and fuel cell designers, marine fuel suppliers, methanol producers, governmental organizations and…
Gutheil named interim Cleveland Port Leader
David Gutheil has been appointed as the interim leader for the Port of Cleveland, set to take over in January following the departure of Will Friedman who is stepping down from his role at the end of this year.“We are fortunate to have someone as experienced and trusted as Dave ready to step in,” said J. Stefan Holmes, Port board chair. “As we announced when Will shared his decision to move on, the board is committed to finding a successor with experience in maritime transportation…
Danish Navy Shadows Chinese Ship after Cable Breaches
The Danish military said on Wednesday that it was staying close to a Chinese ship currently sitting idle in Danish waters, days after two fibre-optic data telecommunication cables in the Baltic Sea were severed.Chinese bulk carrier Yi Peng 3 was anchored in the Kattegat strait between Denmark and Sweden on Wednesday, with a Danish navy patrol ship at anchor nearby, MarineTraffic vessel tracking data…
Karin Orsel wins IMO Gender Equality Award
Maritime entrepreneur is a long-time advocate for diversity and inclusion in the shipping industry. Ms. Karin Orsel, co-founder and CEO of the MF Shipping Group based in the Kingdom of the Netherlands, has been selected to receive the 2025 IMO Gender Equality Award. The Award is bestowed on individuals who have made significant contributions to advancing gender equality and the empowerment of women in the maritime sector. The IMO Council endorsed Ms.
MSE Int'l Wins Funding for Port Recharging Project
MSE International has won funding from TRIG 2024 to lead a new project, PRIMET; Port Recharging Infrastructure for Maritime Energy Transition.The project will accelerate…
EIA: US Crude, Gasoline Inventories Rise
U.S. crude oil and gasoline inventories last week rose more than forecast, while distillate stockpiles posted a larger-than-expected draw, the Energy Information Administration said on Wednesday.Crude inventories rose by 545,000 barrels to 430.3 million barrels in the week ended Nov. 15, the EIA said, compared with analysts' expectations in a Reuters poll for a 138,000-barrel rise.Crude stocks at the Cushing, Oklahoma, delivery hub fell by 140,000 barrels in the week, the EIA said. Net U.S.
Poland to Boost Offshore Wind, Energy Security
Poland is planning to assign new areas for offshore wind farms in the Baltic Sea and is drafting additional measures to boost the security of its critical energy infrastructure, government officials said on Wednesday."Maritime offices will submit analyses any moment, which will give grounds to make a decision on designating new areas for offshore wind farms," Deputy Infrastructure Minister Arkadiusz…
Shipyard Bags Four Vessel Deal
Thecla Bodewes Shipyards signing of a shipbuilding contract with Navigare Shipping, a family-owned shipping company from the Faroe Islands four new vessels, the start of a fleet renewal process for Navigare Shipping. This is the first newbuild series order for the shipowner.The GADUS 5600, designed by Thecla Bodewes Shipyards, is designed and built to revolutionize cargo transportation and embodies efficiency…
Vard Secures Five Vessels Order for Oil and Gas Sector
Norwegian shipbuilder Vard has signed a contract for the design and construction of five Walk-to-work vessels with an international customer, which will be put to service for offshore oil and gas platforms.The vessels are of VARD 3 32 design, a design developed by VARD in close collaboration with the unnamed customer.The five Walk-to-work vessels will provide maintenance, supply, and operational services…
AST Reygar Launches SOV Remote Monitoring System
AST Reygar has introduced its BareFLEET remote monitoring system, a solution designed to optimize Service Operation Vessels (SOV) performance in real-time, while providing long-term operational insights.BareFLEET delivers actionable insights across key areas, including fuel consumption, emissions, vessel motion, gangway operability, and navigation activity.The system was developed in response to challenges…
Thordon Fits Its Bearings on Liberty Lines’ Hybrid Ferries
Thordon Bearings has completed the delivery and installation of propeller shaft and rudder bearings to a series of environmentally advanced high-speed ferries under construction for Italian operator Liberty Lines.San Sebastian-based Echetalde, Thordon’s authorized distributor in Spain, delivered 18 seawater-lubricated COMPAC propeller shaft bearings and nine grease-free SXL rudder bearings to Spain’s…
ABL Expands Maritime Consultancy Services to New Zealand
Energy and marine consultancy ABL has expanded its global presence with a new office in New Zealand, to support the country’s growing maritime and offshore energy markets.The ABL New Zealand office will be led by experienced maritime professional Morwenna Vye, offering the company’s full range of energy and marine consultancy services.Leveraging the global expertise and resources of ABL Group, the new office will specialize in services including technical due diligence…
Norway's O&G Production Beats Expectations
The Norwegian Offshore Directorate said that Norway's oil and gas production in October exceeded the official forecast by 5 percent.Norway is Europe's biggest supplier of natural gases and oil. However, output can vary from month to months depending on maintenance and other stops at over 90 offshore fields.The total oil, gas liquids, natural condensate and gas production stood at 0.657 standard cubic metres (SCM) per day.
As Greeks Strike, Ships Stop Moving
Ships docked at Greek ports, and railway and bus services were disrupted on Wednesday as transport workers, hospital doctors, school teachers and construction workers joined a nationwide strike to protest squeezed living standards and demand higher pay.Many Greeks saw their wages and pensions slashed in return for bailouts worth 280 billion euros ($297 billion) during a 2009-2018 debt crisis which shaved a quarter off Greece's economic output and nearly pushed the country out of the eurozone.Wit
Argentina to Privatize Key Ag Transport Waterway
The Argentine government will call for a national and international public tender to privatize its stretch of the Paraguay-Parana waterway through a 30-year concession, cabinet chief Guillermo Francos said.The waterway, a natural river corridor that extends through the Parana and Paraguay rivers, is a key transport route to the sea from inland areas of Paraguay, Bolivia and southern Brazil.Argentina uses the 3,400 km-long (2,100 mile-long) waterway to move nearly 80% its foreign trade, including
Swedish, U.S. Marines Team @ Exercise Archipelago Endeavor 2024
Swedish and U.S. Marines gathered in Sweden’s rocky coastal archipelago to improve their littoral warfighting skills and enhance interoperability during Exercise Archipelago Endeavor 2024 (AE 24).“This is an annual exercise between Sweden and U.S., and it is the seventh time we conducted it, but it's the first time that we conducting the exercise as an ally. Before that, we have conducted the exercise as a partner,” said Lt. Col.
