Ship Recycling Markets Face Varied Fundamentals
This week, various holidays concluded across the globe just as Indian sub-continent ship recycling markets started to perk up amidst fundamentals that have independently enjoyed varying degrees of volatility and resurgence over recent weeks, reports cash buyer GMS.“Steel plate prices in Bangladesh and Pakistan remained flatlined at respectively firm levels - the effects of which has only helped these…
Esgian Week 16 Report: Rigs on the Move
Esgian reports on the many rig movements that occurred last week in its Week 16 Rig Analytics Market Roundup.Report SummaryContractsADES Holding Company has received a letter of award from an international oil company for a one-year firm drilling contract for a jackup offshore Qatar.TotalEnergies has exercised a three-well option for Transocean 12,000-ft drillship Deepwater Skyros offshore Angola at a rate of $400…
NOIA Appoints New Executives
The National Ocean Industries Association (NOIA) has appointed and approved the 2024-2025 term of the NOIA Board of Directors and Executive Committee. Jon Landes, President, Subsea of TechnipFMC has been elected as the NOIA Chair and Joe Leimkuhler, Chief Operating Officer of Beacon Offshore Energy, as the incoming NOIA Vice Chair.NOIA President Erik Milito said, “We are at a critical juncture where it's imperative to ensure that energy policy from Washington, D.C.
Third Temporary Channel Opened in Baltimore
The Captain of the Port (COTP) has established the Fort Carroll Temporary Alternate Channel, which is on the northeast side of the main channel in the vicinity of the Francis Scott Key Bridge and will provide limited access for commercially essential vessels.The channel has a controlling depth of 20 feet, a 300-foot horizontal clearance, and a vertical clearance of 135 feet, and will facilitate additional…
IMO Legal Committee to Discuss Seafarer Abandonment
The Legal Committee of the IMO will meet for its 111th session at IMO Headquarters in London from April 22 to 26, 2024. The Committee deals with any legal matters within the scope of the IMO, including issues relating to liability and compensation, fair treatment of seafarers and the registration of ships. This meeting will discuss:1. Abandonment of seafarersSeafarer abandonment happens when shipowners fail to fulfil obligations to seafarers related to timely repatriation…
Two Japan Navy Helicopters Crash
Two Japanese navy helicopters crashed into the sea during a training exercise, killing at least one of the eight crew members on board, the defence minister said on Sunday.The two SH-60 patrol helicopters were conducting anti-submarine exercises on Saturday night near Torishima in the remote Izu island group, off the southern coast of central Japan.Defense Minister Minoru Kihara told a press conference the cause of the crash is under investigation.
Ukraine Says it Damaged Russian Rescue Ship in Crimea
Ukraine's military said on Sunday it had struck and damaged a long-serving Russian rescue vessel in Sevastopol, the headquarters in occupied Crimea of Moscow's Black Sea Fleet.Navy spokesperson Dmytro Pletenchuk said the vessel, the Kommuna, had been hit in Sevastopol Bay on Sunday morning and it was "clear that the ship is no longer in a state to carry out assignments."A post on the Ukrainian Armed…
New York Not Moving Forward With Three Offshore Wind Farms
New York State on Friday stalled three major offshore wind-energy projects after General Electric Vernova GE.N changed the turbine design, which the state said "materially altered" the plans.New York provisionally approved the projects in October 2023. They are Attentive Energy One being developed by TotalEnergies, Rise Light & Power and Corio Generation; Community Offshore Wind, which is backed by RWE and National Grid Ventures…
Shiploader Collapses at Brazil's Recife Port
An accident with a shiploader at the sugar terminal in the Recife port in Northeastern Brazil suspended loading operations at the site, according to a note from shipping company Williams Brazil late on Thursday.The company said the shiploader collapsed and a part of the machine fell inside the cargo hold of a vessel that was docked at the port to load raw sugar.The press service at the Recife port confirmed the accident…
SCHOTTEL RudderPropellers Selected for Four Damen ASD Tugs
SCHOTTEL said it will equip four new 1810-series ASD stock tugs from the Dutch Damen Group with the SCHOTTEL RudderPropeller type SRP 270. The new multipurpose tugs will have a bollard pull of 30 tonnes each and ensure excellent maneuverability with a compact size of just 18.25 meters in length and a beam of 10.23 meters.The power rating of the SRP 270 amounts to 1,000 kilowatts per unit, with a propeller diameter of 1.9 meters. Each tug will be equipped with two units.
Ships Urged to Stay Vigilant in Gulf, Western Indian Ocean
British security firm Ambrey said on Friday merchant vessels transiting the Gulf and Western Indian Ocean were advised to stay alert in case of increased uncrewed aerial vehicle (UAV) activity in the region.Ambrey said it had received information that indicated an "Israeli military strike" was conducted on Isfahan, Iran.Earlier, the United Kingdom Maritime Trade Operations (UKMTO) agency said it had…
Detained Ship from Russia Allowed to Leave German Port
A cargo ship from Russia earlier detained in Germany on suspicion of breaching sanctions is now free to leave the port of Rostock, the Stralsund main customs office confirmed on Friday without providing any further details.The Atlantic Navigator II carried 251 containers of birch wood destined for the United States, which is subject to EU sanctions against Russia, but not to the US ones, prosecutors have said.The vessel, which is managed by Canada-based CISN and sailing under the Marshall Island
ABS and DOE Partner to Study Clean Energy and Maritime Decarbonization
ABS and U.S. Department of Energy (DOE) are to collaborate on clean energy development in the maritime domain and decarbonization of maritime operations after signing a new memorandum of understanding (MOU).The agreement between the DOE’s Office of Energy Efficiency and Renewable Energy (EERE) and ABS is designed to leverage experience and capabilities from both organizations to support emissions reduction…
Fincantieri Delivers Cruise Ship Queen Anne to Cunard
Carnival Corporation's Cunard cruise line announced it has taken delivery of its newest cruise ship, Queen Anne, from Italian shipbuilding group Fincantieri.The newbuild was officially handed over on Friday during a ceremony at the Fincantieri Marghera shipyard in Venice. The 114,000-ton ship spans 14 decks and has capacity for up to 3,000 passengers.Queen Anne, the 249th ship to sail under the Cunard…
Simulators Track our Changing Relationship with Technology
Simulation-based training has its whole-of-ship/whole-of-team scenarios, but zooming in, the industry is now working on more specific targets.We have a close relationship with technology, evidenced by, for example, the phones we are estimated to unlock around 50-80 times a day. It has changed us. Half the people surveyed in a 2022 King’s College London study said that they feel like their attention span is shorter than it used to be.
When Efficiency Does Not Help Sustainability
My brother and I had a discussion about methanol where we concluded that methanol is a promising sustainable liquid fuel for transportation devices when batteries cannot do the job. While Methanol is initially not carbon zero, as long as we focus on developing zero carbon electrical energy, eventually we can produce zero carbon green methanol. Once there is plentiful green methanol, existing methanol…
DNV Awards Certificates for Fortescue’s Dual-fueled Ammonia-powered Vessel
Classification society DNV presented Australian green technology, energy and metals company Fortescue with class and statutory certificates for its dual-fueled ammonia-powered vessel Green Pioneer. This marked the culmination of a project that began in 2021, when DNV was engaged by Fortescue to work on the feasibility study and 'Fuel ready (Ammonia)' notation for the vessel’s conversion. DNV's Technology…
Shipping Industry Urges UN to Protect Vessels After Iran Seizure
Merchant ships and seafarers are increasingly in peril at sea as attacks escalate in the Middle East and the United Nations must do more to protect supply chains, the industry said in a letter released on Friday.Tensions have soared across the Middle East since the start of Israel's campaign in Gaza in October, with Israel or its ally the United States clashing repeatedly with Iranian-aligned groups in Lebanon, Syria, Iraq and Yemen.In a letter sent on Thursday to U.N.
MISC Signs Deals for World’s First Ammonia Dual-Fuel Oil Tankers
Malaysia’s MISC Group has entered into time charter party (TCP) and shipbuilding contracts for the development of world’s first two ammonia dual-fuel Aframax oil tankers.The TCP contract has been signed with Petronas' PETCO Trading Labuan Company (PTLCL), through MISC Group's petroleum arm AET.Using these vessels, PTLCL will be able to transport its products to customers around the world while contributing…
KEYS Azalea Completes its First Ship-to-Ship LNG Bunkering
Japan’s first dual-fuel LNG bunkering vessel KEYS Azalea has completed its first ship-to-ship LNG bunkering in Western Japan.The vessel - owned and operated by KEYS Bunkering West Japan Corporation, a joint venture established by Kyushu Electric Power, NYK Line, Itochu Enex, and Saibu Gas - bunkered LNG for the car and truck carrier Daisy Leader 2 at the Port of HiroshimaKEYS Azalea was delivered to KEYS Bunkering West Japan Corporation earlier in April.