Maersk to Cut at Least 10,000 Jobs as Shipping Boom Unravels
Shipping group A.P. Moller-Maersk reported a steep drop in third-quarter profit and revenue on Friday and said it would cut at least 10,000 jobs in the face of overcapacity, rising costs, and weaker prices.Maersk, which controls about one-sixth of global container trade, transporting goods for a host of major retailers and consumer goods companies such as Walmart and Nike, flagged a steeper downturn…
Rhenus Upgrades Engines on Two Pushboats
The Rhenus Group announced it has upgraded two canal push boats operated by Deutsche Binnenreederei (DBR) with new stage V engines.While the new construction of more sustainable hydrogen-powered vessels is a long-term project, the Rhenus Group is retrofitting its older vessels with modern and therefore more environmentally-friendly technology in the short term. The two canal push boats, RSPSB146 and RSPSB153…
Cargo Ship Catches Fire Off the Philippines
A fire that broke out Thursday aboard the cargo ship Ken off the Philippines has been extinguished, the Philippine Coast Guard said.The vessel, owned by Pherwin Shipping Corp., reportedly caught fire near Castilla Anchorage Area in Sorsogon at around 11 a.m. local time.The Coast Guard said it coordinated with the Philippine Navy and Bureau of Fire Protection (BFP) for joint search and rescue and firefighting operations.According to the eight crewmembers on board…
ABS Publishes Requirements for Liquid Hydrogen Carriers
The transportation of hydrogen, a key fuel of the energy transition in maritime, is another step closer to supporting projected market demands thanks to newly published industry-leading requirements from ABS.The ABS Requirements for Liquefied Hydrogen Carriers address safety and technical standards for vessels carrying liquefied hydrogen, expanding on the corresponding IMO Resolution MSC.420(97) that was adopted in November 2016.
NYC Exploring Ways to Move More Freight Via Waterways
New York City is looking at ways to help shift freight transportation off of its busy roads and onto the waterways.The city's Department of Transportation (NYC DOT) and Economic Development Corporation (NYCEDC) on Wednesday jointly released a Request for Information and Expressions of Interest (RFEI) seeking private sector feedback to help it gauge industry challenges and opportunities, and explore…
SCHOTTEL to Propel Windcat Offshore's Latest Walk-to-Work CSOVs
The first three new Walk-to-Work Commissioning Service Operation Vessels (CSOVs) built by the Dutch Damen Group for Windcat Offshore will be powered by full propulsion packages from SCHOTTEL. With vessel sizes of 87 metres by 20 metres, each CSOV will come with high-comfort accommodation for 120 passengers, and will provide a large warehouse and deck as well as various recreational areas and a hospital. The vessels will be powered by hydrogen and use a DP-2 control system.
Hiring Event in Norfolk for NOAA Research Ship Jobs
NOAA Marine and Aviation Operations will hold a hiring event in Norfolk, Virginia to recruit professional mariners to work aboard NOAA’s ocean research ships. The event will be held on Nov. 15 at the NOAA Marine Operations Center - Atlantic. NOAA operates a fleet of 15 hydrographic survey, oceanographic research and fisheries survey vessels. NOAA ships operate in the U.S. and around the world. The ships are run by a combination of NOAA commissioned officers and civilian professional mariners.
US Postpones Gulf of Mexico Oil and Gas Auction Due to Litigation
The Biden administration on Thursday postponed a Nov. 8 sale of offshore drilling rights in the Gulf of Mexico pending the outcome of a lawsuit over oil and gas development and federal protection of an endangered species of whale.The move comes after a U.S. appeals court on Oct. 26 temporarily paused a lower court order requiring the Interior Department's U.S. Bureau of Ocean Energy Management (BOEM) to expand the auction…
Danelec Acquires MacGregor VDR Business
Danelec, a leader in the production of electronic equipment for the maritime industry, consolidates its market position in the Voyage Data Recorders sector with the acquisition of MacGregor's business in this field. With this investment, Danelec enhances its installed base to a total of 16,000. With the acquisition of MacGregor's Voyage Data Recorder business (VDR) including the Maritime Data Engine (MDE) Software…
RAL Electric Tugs @ Sea Trials
Two electric-powered emissions-free electric tugboats built by Sanmar Shipyards in Türkiye are undergoing sea trials ahead of being delivered to SAAM Towage’s Canadian fleet. The tugs are based on the ElectRA 2300SX design from Robert Allan Ltd (RAL). They were launched on April 8 and September 9 respectively, and measure 23.4m LOA, with an 11.9m beam and maximum draft of 5.5m, and a bollard pull of 70 tonnes based on a battery power of 3616 kWh.The tugs have Schottel SRP460 LE thrusters with 2…
Wagenborg Offshore Takes Delivery of Subsea Support Vessel Kingsborg
Wagenborg Offshore has taken delivery of the Kingsborg subsea support vessel.Kingsborg is a subsea support vessel, converted from a platform supply vessel, that will support subsea activities and decommissioning works in the southern North Sea in a long-term agreement with an energy major, Wagenborg said, without sharing the name of the client."After the positive experiences with the W2W vessels Kasteelborg and Keizersborg…
Israel's Ship Industry Urges Government to Help with Jump in War Insurance
Ships sailing for Israel face a 10-fold jump in war risk premiums as the conflict in Gaza intensifies, prompting industry calls for the government to help ensure vital imports keep coming.Israel has vowed to annihilate Islamist group Hamas after its fighters stormed through Israeli towns from Gaza on Oct. 7, killing 1,400 people and seizing more than 220 hostages.Israeli forces have hit back with deadly air strikes and now a ground offensive on the narrow coastal strip…
DSC Dredge Names Rondi Carlos-Volpi HR Director
Reserve, La. based DSC Dredge announced it has appointed Rondi Carlos-Volpi as director of human resources (HR).Volpi brings to the role more than 25 years of experience in HR, including 17 years in engineering-related roles and 3 years in the construction-related industry. She is a graduate of the University of New Orleans with a bachelor's degree in business management, specializing in HR management.Doy Dugan, DSC Dredge's chief financial officer, said, "We are delighted to have Ms.
BIO-UV to Deliver Ballast Water Treatment System for Drillship Pair
BIO-UV Group said Thursday it had received a major order to supply its BIO-SEA ballast water treatment system to a pair of drillships scheduled to enter an undisclosed operator’s offshore drilling rig fleet.According to BIO-UV, a modular version from the BIO-SEA B-Series, combining mechanical filtration and UV disinfection, has been ordered by a United Arab Emirates-based offshore drilling contractor…
White House Says It is Committed to Offshore Wind Despite New Jersey Setbacks
The Biden administration on Wednesday said it is committed to supporting the nascent U.S. offshore wind industry despite challenges that prompted the cancellation this week of two major planned projects off the coast of New Jersey.The White House and Interior Department both issued statements backing the sector shortly after Denmark's Orsted said soaring cost inflation, high interest rates and supply chain bottlenecks had forced it to stop development on the projects.
Euronav Doubles Q3 Core Profit Yr/yr; Beats Estimates
Belgian oil tanker firm Euronav on Thursday beat analysts' expectations and more than doubled its core profit in the third quarter from the same year-ago period, helped by higher sales and high freight rates.The market for very large crude carriers (VLCC) "has improved due to increased frequency of loadings from higher USA crude production", Euronav said in a statement. Although freight rates fell modestly during the quarter…
Singapore Firm Orders Next-Gen Cable Ship Design
Singapore-based Megamas Resources, in partnership with Renaissance Technologies (RTM) has contracted Ulstein Design & Solutions AS to design a cable-laying and repair vessel. According to a press release issued Thursday, the decision to press ahead with the order was taken in view of the shortage of cable ships, as well as an aging fleet in the submarine cable industry. Megamas Resources plans to build two cable layers…
Oceanology International Announces Marine Technology Reporter as Exclusive Video Media Partner
Marine Technology Reporter (MTR) has been unveiled as the exclusive video media partner of the Oceanology International exhibition and conference and will be delivering extended broadcast coverage from the 2024 event (Oi24).The collaboration will enhance Oi24’s value as a multi-media platform that communicates the changes in the fast-paced ocean technology, science, and engineering sectors and showcases…
Maersk Supply Service Selects Inmarsat Fleet Data IoT for Battery-powered AHTS
Danish offshore vessel owner Maersk Supply Service has selected the Fleet Data IoT platform from Inmarsat Maritime, a Viasat business, to help optimize the performance of its first vessel battery installation onboard the Maersk Minder anchor handler.The solution will also allow Maersk Supply Service to evaluate how best to optimize the use of zero-emission energy storage systems across its fleet. According to Inmarsat…
Ukraine Says Russia Dropped Explosives in Black Sea Shipping Lanes
Ukraine said on Wednesday Russian warplanes had dropped "explosive objects" into the likely paths of civilian vessels in the Black Sea three times in the last 24 hours, but that its fledgling shipping corridor was still operating.Ukraine is trying to build up a new shipping lane without Russian approval to revive its vital seaborne exports. Russia said it would consider any vessel a potential military…
