Ship Recycling Market Firming Up
As the summer / monsoon months creep closer, ship recycling markets in Turkey and the Indian sub-continent have been firming over recent weeks, reports cash buyer GMS.“Pakistan, though still relatively firm, feels sluggishly satiated of late having taken in a healthy collection of vessels / LDT (for this market’s size).” Despite having bested last year’s recycling volumes with another three fresh arrivals this week…
Esgian Week 21 Report: Tender Opportunities Emerging in Africa
Esgian provides an update on new commitments confirmed for Odfjell Drilling and Borr Drilling rigs and new tender opportunities emerging in Africa in its Week 21 Rig Analytics Market Roundup.Report SummaryContractsEquinor has exercised an option to extend the use of Odfjell Drilling’s 10,000-ft Deepsea Aberdeen for a batch of eight wells on the Norwegian Continental Shelf. With this, Odfjell Drilling’s…
IMO Maritime Safety Committee Condemns Red Sea Attacks
Member states of the IMO have called for an immediate end to ongoing attacks on ships and seafarers transiting through the Red Sea and Gulf of Aden.In a resolution adopted in London, IMO’s Maritime Safety Committee condemned the attacks as “illegal and unjustifiable”, posing a direct threat to the freedom of navigation in one of the world's most critical waterways, while causing major disruptions to…
Stena Prosperous Bunkers Methanol in Singapore
Singapore is one step closer to developing its full capability to deliver methanol bunkering at a commercial scale. Close to 1,340 metric tonnes (MT) of blended methanol was bunkered ship-to-ship on May 24, and there will be another operation for simultaneous methanol bunkering and cargo operations for a container vessel this week. These operations will also test the use of mass flow meters (MFM) and digital bunkering.The blended methanol…
Green Marine Lays Foundation for its New Global Structure
Green Marine International is the newly formed corporation and governance structure overseeing the Green Marine and Green Marine Europe environmental certification programs, the maritime industry’s voluntary initiatives to advance environmental excellence beyond regulations globally.All Green Marine and Green Marine Europe participants are now Green Marine International members. Their respective certification…
China Ends War Games
China ended two days of war games around Taiwan in which it simulated attacks with bombers and practiced boarding ships, exercises that Taiwan condemned as "blatant provocation" on Saturday, detailing a surge of Chinese warplanes and warships.Chinese state television's military channel said late on Friday the drills had concluded. A commentary in the official People's Liberation Army Daily said they had lasted for two days from Thursday to Friday…
Houthis Claim Attacks on Three Ships Including One in Mediterranean
Yemen's Houthis launched attacks on three ships in the Red Sea, Mediterranean Sea and Arabian Sea, the Iran-aligned group said on Friday, although the manager of the ship allegedly attacked in the Mediterranean said there was no sign of such an incident.The reported attacks are the latest in a months-long campaign of Houthi strikes against regional shipping in what the group says is solidarity with…
North Korea Accuses US, South Korea of Spying
North Korea's defence ministry accused the United States and South Korea of ramping up reconnaissance activities around the inter-Korean border, warning that it will act if its sovereignty and security is violated, state media KCNA said on Sunday.North Korea's vice defence minister Kim Gang Il said the U.S. had flown at least 16 of its RC-135 and U-2S strategic reconnaissance planes and RQ-4B drone…
Dredging of Suape’s Outer Channel Completed
Van Oord said it has finished the dredging of the outer channel to the Port of Suape in the Northeast of Brazil. The dredging of the channel up to 20 meters enables the port to handle larger, more efficient, container and (liquid) bulk vessels.Van Oord has deepened the access channel to the Port of Suape from 15 to 20 meters. To execute the project, Van Oord deployed various dredgers to meet the challenges of the project.
Shore Offshore Services Acquires Derrick Barge from TOPS
On May 21, 2024, Shore Offshore Services completed the acquisition of the derrick barge Swing Thompson from Turnkey Offshore Project Services (TOPS).The barge will be renamed Hulk and will maintain its Vanuatu flag while following ABS guidelines and working toward gaining OVID compliance. The asset will be capable of installation and decommissioning of offshore facilities in the Gulf of Mexico and internationally.Equipped with an eight point mooring system…
Senate Environment & Public Works Committee Passes WRDA 2024
The U.S. Senate Environment & Public Works (EPW) Committee marked up and passed its Water Resources Development Act (WRDA) of 2024, in a move seen as a major win for inland waterways infrastructure.Several outcomes in Section 109 of the Senate WRDA 2024 bill provide the ability to accelerate project completion, setting up a far more efficient future for the navigation construction program, according to Waterways Council, Inc.
Boluda Towage Acquires SMS Towage
Boluda Towage announced it has reached a deal to acquire British company SMS Towage Ltd.The acquisition involves taking over the harbor and offshore towage services and marine operations, together with the management, office staff, crew, and fleet, based in the United Kingdom. SMS is presently operating in the U.K. ports/regions of, Tyne, Tees, Humber, Portsmouth, South Wales and Belfast with a fleet of 20 tugs.
Autonomy Will Advance Maritime Decarbonization
Technologies are mature and ready to support maritime work towards 2050 net-zero goals but regulations around systems development require further work.The complex decarbonized systems of the future will require autonomous management systems for viable exploitation. These were among some of the key insights shared with delegates at a one-day Automation Summit, part of Singapore Maritime Week, led by…
Cargo Ship Freed from Suspected Pirates off Somalia
The European Union's anti-piracy force in the Indian Ocean and Red Sea said on Friday the Liberian-flagged merchant vessel Basilisk had been freed from suspected pirates off the coast of Somalia and its 17 crew members were safe.The ship was attacked by suspected pirates on Thursday around 380 nautical miles east of Somalia's capital Mogadishu while sailing north, the EU Naval Force said in a statement.The EU said its forces boarded the Basilisk from a helicopter on Thursday night, having sent o
Fincantieri Marinette Marine Lands $1 Billion Order for Two More Navy Frigates
The U.S. Department of Defense announced that Fincantieri Marinette Marine was awarded a contract valued at more than $1 billion to build the fifth and sixth Constellation-class Frigates for the U.S. Navy. FMM received the contract for the lead ship of the Constellation-Class in April 2020, and the Navy has since exercised five options for follow-on vessels. This two-ship option, for FFG 66 and FFG 67…
Techcross to Take Part in Posidonia 2024
South Korea-based ballast water management system (BWMS) manufacture Techcross has announced its participation at Posidonia 2024, considered one of the largest maritime exhibitions in Europe held in Athens, Greece.This year, over 2,000 companies from around the world are expected to participate in the first week of June. The exhibitors are working hard in preparation aiming to attract nearly 30,000 visitors.Techcross who attends at booth no.
North Star Inks Contract with Siemens Gamesa for New East Anglia THREE SOV
North Star has secured a contract with Siemens Gamesa to build a hybrid service operations vessel (SOV) bound for long-term charter at the East Anglia THREE offshore wind farm in UK.Cochin Shipyard has been confirmed to build the SOV of VARD 4 19 design for North Star’s growing fleet.The high specification vessel will accommodate up to 60 of its client’s wind technicians as they support maintenance operations across all 95 wind turbines at the East Anglia Hub development.
J-Power’s Coal Carrier to Sport Wind Challenger Propulsion System
Mitsui O.S.K. Lines (MOL) and Electric Power Development (J-Power) have agreed to install the Wind Challenger hard sail propulsion system, which converts wind energy to propulsive force, on the coal carrier Kurotakisan Maru.The installation of the Wind Challenger sail, which transports steaming coal to J-Power's power stations, is schedule for the second half of 2025.This marks the first installation of the Wind Challenger on a vessel currently in service by retrofitting…
Carimin Buys Crew Boat Newbuild from Penguin Shipyards for $5M
Malaysia-based offshore services provider Carimin Resources Services, a subsidiary of Carimin Petroleum, has signed an agreement with Penguin Shipyard Asia for the acquisition of unregistered crew boat newbuild, worth $4.96 million.The newbuild multi-role executive crew boat is of Penguin's proprietary Flex-42X design.Penguin’s Flex-42MX and Flex-42X can transport up to 60 tons of deck cargo on a 110-square meter cargo deck…
Damen’s Tugs to Run on CMB.TECH’s Dual-Fuel Hydrogen Technology
CMB.TECH and Damen have signed collaboration agreement for four hydrogen-powered tugs.Built by Damen, the vessels will use CMB.TECH's dual fuel hydrogen technology that will significantly reduce emissions.The agreement was signed on May 23, 2024, the same day the classification society Lloyd’s Register presented CMB.TECH and Damen with an approval in principle (AiP) for the hydrogen solution that will be installed in the tugs.The dual fuel hydrogen ASD Tugs 2812 FF-H2…