Divers Recover Video Equipment from Mike Lynch’s Sunken Yacht
Italian Navy divers have recovered video surveillance equipment from the superyacht that sank off Sicily last month, killing British tech tycoon Mike Lynch and six other people, a source close to the matter said on Friday.The recovery of the equipment could help explain why the British-flagged Bayesian went down during a severe and sudden storm off the port of Porticello, near Palermo, on Aug. 19 - an event that has puzzled naval experts.Lynch's 18-year-old daughter…
Gas Supply Deal Signed for Galveston LNG Bunker Port
Galveston LNG Bunker Port (GLBP) announced a gas supply agreement (GSA) with Energy Transfer’s Houston Pipeline Company (HPL), in a new milestone for the development of the region’s first dedicated liquefied natural gas (LNG) bunker terminal.The newly signed agreement outlines the terms for the supply of natural gas and the construction of additional pipeline facilities needed for efficient delivery to the GLBP facility on Shoal Point in Texas City, Texas.
Jefferson County Port Authority Buys Land for New Mississippi River Terminal
The Jefferson County Port Authority (JCPA) has finalized the purchase of approximately 18 acres along the Mississippi River in Herculaneum, Missouri, in a $20 million deal with Riverview Commerce Park, LLC (RCP). This acquisition marks the establishment of the first publicly owned terminal facility in Jefferson County and is set to drive substantial infrastructure advancements and port development in the region.“It has taken significant time…
US National Lab Takes Delivery of First Hybrid Research Vessel
RV Resilience, a new hybrid research vessel designed by Incat Crowther and built by Snow & Company in Seattle, has been delivered to the U.S. Department of Energy’s Pacific Northwest National Laboratory (PNNL).RV Resilience is the Department of Energy’s first hybrid electric-diesel research vessel. The 15-meter aluminum catamaran will help PNNL sustainably expand its research activities in the Sequim Bay region of Washington state.RV Resilience’s 28 m2 main deck is equipped with an A-Frame…
KOTUG Gets New Order for Fully Electric Pusher Tug
Dutch firm KOTUG has received an order from Rotterdam-based sand handling and transport specialist, ROS, for the delivery of a fully electric pusher tug, the E-Pusher.The E-Pusher, model M, will be deployed in combination with barges provided by Jansma Shipping to establish an emission-free sand transport chain between the Maasvlakte and Rotterdam.The fully electric E-Pusher, developed by KOTUG, is…
MOL and Chevron to Install Wind-Assisted Propulsion System on LNG Carrier
Mitsui O.S.K. Lines (MOL) and Chevron Shipping Company, a subsidiary of oil and gas giant Chevron, have signed an agreement to install Wind Challenger to a newbuild LNG carrier, which will become world’s first LNG carrier equipped with wind-assisted propulsions system.The is under long term charter from MOL Encean to Chevron Asia Pacific Shipping, and is currently under construction at the Geoje Shipyard of Hanwha Ocean…
Fincantieri Delivers Second Cruise Ship for MSC Group's Explora Journeys Fleet
Fincantieri and MSC Group have celebrated the progress on the construction of cruise ships for the Explora Journeys fleet, marking the delivery of Explora II, the coin ceremony for Explora III, and the steel cutting for Explora IV cruise ships.The cruise ships are part of the fleet of six ships belonging to Explora Journeys, the luxury brand recently launched by the MSC Group.The first cruise ship was delivered in July 2023…
CLIA Wants New Greek Tourism Fee to Fund Local Development
The Cruise Lines International Association (CLIA) has responded to plans by the Greek government to impose a 20-euro levy on cruise ship visitors to the islands of Santorini and Mykonos during the peak summer season.The move is a bid to avert over-tourism, said Prime Minister Kyriakos Mitsotakis, announcing the fee earlier this month.CLIA has responded with a statement: “The cruise sector is a success story for Greece contributing 1.4 billion euros to the economy in 2022.
New LOF Clause Boosts Transparency Around Tug Services
The outcome of over a year’s consultation with underwriters, owners, Lloyd’s and other interested parties including P&I Clubs, brokers and salvors is a new clause for incorporation in marine hull policies. The shipping community has recognized the necessity of maintaining Lloyd’s Open Form (LOF) as a contract with pre-agreed terms that can be easily used in the event of an emergency, said the Lloyd’s Market Association (LMA) and the International Chamber of Shipping (ICS).
New CO2 Liquefaction Method will be “Game Changer”
JX Nippon Oil & Gas Exploration Corporation, NYK and NYK affiliate Knutsen NYK Carbon Carriers (KNCC) have demonstrated a new CO2 liquefaction method that the partners say is a breakthrough for the carbon capture and storage (CCS) industry.The three companies have devised the CO2 liquefaction process based on the isenthalpic expansion cooling and liquefaction process which takes advantage of the temperature…
Gangway Safety Highlighted After Fatal Fall
The UK Marine Accident Investigation Branch (MAIB) has published its report on a fall overboard from the sail training vessel Pelican of London.The incident occurred at 2308 on October 2, 2023 when the volunteer relief cook on Pelican of London fell from the top of the vessel’s gangway into the flooded drydock while under the influence of alcohol. His absence was not noted until the next morning and a search was started.
European Shipowners and Fuel Producers Unite on New Fuels Availability
The recently published Draghi report on the Future of European Competitiveness identifies shipping as one of the most difficult sectors to decarbonise, requiring around 40 billion in annual investments between 2031 and 2050.The report highlights that the EU has limited installed capacity and planned production. The EU needs to start building a supply chain for clean fuels, or the costs of meeting its targets will be significant…
Philippines Fishermen Call for Justice After Oil Tanker Sinks
Efren Dominico has been a fisherman in the Bay of Manila in the Philippines for 43 years and survived countless storms, but nothing prepared him for the day when an oil tanker sank off the coast in July and cut him off from his livelihood.The motor tanker Terranova capsized and sank off the tow of Limay, on the western side of Manila Bay, carrying 1.4 million litres of oil, the largest oil spill in the country since 2006.Days later…
Titan Taps Francesco Valente to Succeed Jim Marcotuli as CEO
Titan, a ship repair and fabrication company with yards on the U.S. West and East Coasts, on Thursday announced it has appointed Francesco Valente to replace CEO Jim “Marco” Marcotuli, who is retiring after five years leading the company.Valente will lead Titan from its Portland, Ore. headquarters starting on September 23, with Marcotuli taking on a role as a board member and advisor.Valente possesses more than 20 years of experience running business operations globally…
Seaspan Completes Life Extension of Canadian Coast Guard Icebreaker
Seaspan on Thursday announced its Vancouver Drydock has completed a Vessel Life Extension (VLE) program for the 38-year-old Canadian Coast Guard icebreaker vessel CCGS Sir Wilfrid Laurier. After undocking at the end of April 2024, the vessel completed an in-water work period in preparation for ship commissioning and sea trials, finally departing Seaspan on August 17, 2024.According to Seaspan, the…
Containership Under Investigation Over Oil Spill off South Africa
Investigators have placed a Cyprus-registered containership in their crosshairs as the possible source of an oil spill in Algoa Bay off South Africa's East Coast.The spill, which has spread at sea and is impacting the region's wildlife, is believed to have originated from the MSC Apollo, a container vessel anchored in the bay, according to the South African Maritime Safety Authority (SAMSA).MSC Apollo…
US LNG Exporters Expected to Escape Brunt of Hurricane Francine
U.S. liquefied natural gas export terminals on the Louisiana coast may have escaped the brunt of Hurricane Francine and put off a major test of their ability to withstand a direct storm hit to another day.Francine was on track on Wednesday to lash south-central Louisiana, east of Cameron Parish that is home to several of the newly operating projects, with 90 mile-per-hour (145 kph) winds. Three of the four largest U.S.
Trump's Tariff Increase Would Dramatically Raise Shipping Costs, Experts Say
U.S. presidential contender Donald Trump's plan to hike tariffs on imports if he is elected back to the White House in November would send cargo rates soaring and accelerate inflation, just like it did during his 2017-21 term, shipping and retail experts said.Trump, who is running against Democratic Vice President Kamala Harris in the Nov. 5 election, has floated second-term plans for blanket tariffs of 10% to 20% on virtually all imports as well as tariffs of 60% or more on goods from China…
USACE Opens Channel for Commercial Navigation at Monongahela River Locks and Dam 3
The U.S. Army Corps of Engineers Pittsburgh District opened a 100-foot-wide navigation channel for commercial vessels through the center of the dam at Monongahela River Locks and Dam 3 near Elizabeth, Pa. The first commercial navigation vessel passed through the channel on Thursday, September 5.“Opening the navigation channel ahead of schedule was a significant achievement,” said Col. Nicholas Melin…
Hellenic Maritime Forum 2024: Exploring the Future of Maritime Industry
On November 19th and 20th, maritime professionals from Greece and beyond will gather in Athens for the highly anticipated Hellenic Maritime Forum. This esteemed event will provide a dynamic platform for industry stakeholders—including shipowners, ship managers, port authorities, regulators, classification societies, technology firms, and suppliers—to address key issues affecting the maritime sector.A major focus will be the need for decarbonization.
