Ship Evacuated After First Civilian Fatalities in Houthis' Red Sea Attacks
India's navy evacuated all 20 crew from a stricken vessel in the Red Sea on Thursday, after a Houthi attack killed three seafarers in the first civilian fatalities from the Yemeni group's campaign against the key shipping route.The Iran-aligned militants fired a missile at the Barbados-flagged, Greek-operated True Confidence on Wednesday about 50 nautical miles off the southern Yemeni port of Aden…
Sharp Uptick Seen in Crude Tanker Ordering
Contracting activity for for crude tanker newbuilding has risen sharply to start 2024, driven by a steep rise in orders for very large crude carriers (VLCC), according to shipping organization BIMCO.In the first two months of 2024, crude tanker newbuild contracting surged to 7.4 m DWT, a 490% leap y/y. Notably, the 19 VLCCs ordered in January and February is more than was ordered for the entirety of 2023.Freight rates for crude tankers spiked at the start of the war in Ukraine…
Tanker Liteyny Prospect, Hit by Sanctions, Docks in China to Offload Russian Oil
The Russian tanker Liteyny Prospect, hit by sanctions, has docked at the Chinese port of Huanghua to discharge its 700,000-barrel Russian Sokol crude cargo, two sources familiar with the matter said, clearing part of a backlog of cargoes disrupted by sanctions on Moscow's oil trade.The tanker is one of six ships carrying Sokol crude, which India has not been able to import due to payment issues. The six ships had been sailing to China but five of them are floating at sea early this week…
Briggs Marine Adds New Pilot Boat in the UK
Briggs Marine announced its is adding a new pilot vessel to its fleet in response to demand for pilot services within the U.K.Built by Goodchild Marine and scheduled for delivery in March, the Forth Navigator is a 12m version of the now well-established ORC design, incorporating the high levels of performance and crew comfort, Briggs Marine said.From March 2024, the Forth Navigator will be available for charter for a range of activities…
ClassNK Grants Innovation Endorsement for Cassandra Monitoring Platform
Classification society ClassNK announced it has granted an Innovation Endorsement for Products & Solutions to a vessel and voyage performance monitoring platform called Cassandra, developed by Deep Sea Technologies SMPC.Cassandra integrates performance data from vessels with AI technology, and then enables real-time monitoring of the ship’s current status. It is cloud-based and designed to monitor fuel consumption…
SCHOTTEL to Equip Med Marine's Six New ASD Tugs
SCHOTTEL is to equip six new ASD tugs of the Turkish Med Marine Group with the SCHOTTEL RudderPropeller (SRP). The new vessels will be built by Med Marine’s Ereğli Shipyard and will be available in 2025 to meet the constantly growing demand for Med Marine tugs. A total of 12 SCHOTTEL RudderPropellers in the SRP 360, SRP 430 and SRP 490 series will be built for the new vessels by the German manufacturer of marine propulsion systems.
Twin Disc Inks Deal to Acquire Katsa for $23 Million
U.S. based power transmission equipment manufacturer Twin Disc announced it has entered into a definitive agreement to acquire Katsa, a Finnish-headquartered manufacturer of power transmission components and gearboxes for industrial and marine markets, in an all-cash transaction valued at €21 million (approximately $23 million).The transaction is expected to close in the first half of calendar year 2024…
Damen and Saab Agree to Export C-71 Submarines
Damen Shipyards and Saab have agreed to export the advanced expeditionary C-71 submarines, which have been developed for the Royal Netherlands Navy to replace the current Walrus class.The agreement doubles the long-term prospect of employment and income for the Netherlands Naval Cluster with the replacement of the Walrus submarines by Saab-Damen.Saab and Damen have been working together since 2015 to build…
MacGregor Gets Large Crane Order for Prysmian’s New Cable Layer
MacGregor, part of Cargotec, has received a large order for three cranes that will be installed onboard a new cable laying vessel (CLV) being built for Prysmian by shipbuilder Vard.MacGregor will deliver a 100-tonne active heave-compensated (AHC) crane, a 20T Offshore crane and a 3T deck crane to Prysmian, to equip the Italian owner’s third NB970 CLV from Vard.The crane supply scheduled for the third quarter of 2025.In addition…
AME Hires Paul Savage as Operations Manager
Fort Lauderdale, Fla. based maritime and industrial mechanical service repair specialist Advanced Mechanical Enterprises (AME) announced it has appointed Paul Savage as its new Operations Manager.With over 30 years of leadership and project management experience, Savage joins the AME management team from Veolia North America, where he served as Vice President, managing complex industrial and government contracts.
US Container Shippers Slow Walk New Contracts, Eye Easing of Red Sea Rate Hikes
U.S. importers are playing the waiting game with new container shipping contracts, gambling the rate spike from Red Sea vessel attacks will fade and put them in a stronger negotiating position, shipping industry analysts said.Iran-aligned Houthi missile and drone attacks on commercial ships in the Red Sea have forced most container carriers to reroute vessels around Africa and sent spot rates soaring.That price shock is a "gift" that carriers will be giving back when the assaults stop…
APL’s Fluid Swivel Technology Certified by DNV
NOV’s APL group has received technology qualification program (TQP) certification from DNV for its largest swivel. The swivel TQP developed by APL is claimed to be a game-changer for fluid swivels for oil, gas, e-fuels, and CO2 transfer.The TQP was developed to meet the increasing demand for larger swivel designs that can withstand higher pressures and temperatures. Large swivel stacks are used for…
NOV's Telescopic Leg Crane Wins Two Industry Awards
NOV’s telescopic leg crane has recently received recognition for its exceptional contribution to the offshore industry. At the Offshore Support Journal (OSJ) Industry Gala Dinner & Awards on February 7, the crane won the OSJ Innovation of the Year Award 2024, acknowledging its significant impact on offshore support vessel design, build, and operational aspects over the past year, marking a milestone…
Austal USA Delivers Future USS Kingsville
Austal USA delivered the future USS Kingsville (LCS 36) to the U.S. Navy March 1, 2024. Kingsville is the 18th Independence-variant Littoral Combat Ship (LCS) delivered by the company and the first U.S. Navy vessel to be named after the Texas city home to Naval Air Station Kingsville and directly tied to the historic King Ranch.Delivery documents were signed on board the ship and followed the successful…
Posidonia 2024 Exhibitors Anticipate Paradigm Shift as AI Gains Traction
The maritime industry, often viewed as conservative and measured in its approach to technological integration, is on the cusp of a transformative era with artificial intelligence (AI) emerging as a prominent player. Insights from key exhibitors at the upcoming Posidonia Shipping Εxhibition reveal a new landscape, where industry leaders strategically align with the inexorable rise of AI and consider adopting it already.According to Theodore Vokos…
ClassNK Grants Innovation Endorsement for “ACE Function”
ClassNK has granted its Innovation Endorsement for Products & Solutions to a straight leg course control called “ACE Function” (ACE: Advanced Control for Ecology), which can be integrated with the autopilot systems, “PR-9000” and “PR-6000” offered by Tokyo Keiki Inc.“ACE Function” can automatically create a straight route and implement navigation at the shortest distance, only by setting the ship's current position and the heading of a destination.
Three Killed in Houthi Attack On Greek-owned Ship
A Houthi missile attack killed three seafarers on a Red Sea merchant ship on Wednesday, U.S. Central Command (CENTCOM) said, the first fatalities reported since the Iran-aligned Yemeni group began strikes against shipping in one of the world's busiest trade lanes.The Houthis claimed responsibility for the attack, which set the Greek-owned, Barbados-flagged ship True Confidence ablaze around 50 nautical…
Asyad Shipping Taps LR for ESG Strategy and Reporting
Asyad Shipping, part of Asyad Group, and Lloyd’s Register (LR) have partnered to deliver the Omani national shipping company’s first ESG (Environmental, Social and Governance) report, in line with the established Global Reporting frameworks.Asyad Shipping, which operates a fleet of 85 vessels including gas carriers, very large crude carriers, product tankers and container ships, is one of the first…
Russia Oil Fleet Shifts Away from Liberia, Marshall Island Flags Amid US Sanctions Crackdown
Dozens of oil tankers used by Russia have stopped sailing under the Liberian and Marshall Islands flags in recent weeks after the United States ramped up sanctions enforcement on ships linked to those registries, according to shipping data and interviews with industry and government officials.The shift reflects the close relationship between the U.S. and the flag administration companies of Liberia and the Marshall Islands…
Two Dead in First Fatal Houthi Attack on Red Sea Shipping
Two seafarers were killed in a Houthi missile attack on a Red Sea merchant ship on Wednesday, British and U.S. officials said, the first fatalities reported since the Iran-aligned Yemeni group began strikes against shipping in one of the world's busiest sea lanes.The Houthis claimed responsibility for the attack, which set the Greek-owned, Barbados-flagged ship True Confidence ablaze around 50 nautical…