China Merchants' to Buy 10 Tanker Vessels from Dalian Shipbuilding
China Merchants Energy Shipping Co Ltd will purchase 10 tankers in total from Dalian Shipbuilding for a total of $921m. Of the 10, five of the ships will be VLCCs; five will be Aframax takers.
China’s First Offshore Wind Power SOVs Delivered
AUGUST 16, 2024 - Today, the first two China-built offshore wind power SOVs (Service Operation Vessels) ZHI ZHEN 100 and ZHI CHENG 60 was held in Qidong, China. The two SOVs were delivered by Shanghai Zhenhua Heavy Industries Co., Ltd. to Shanghai Electric Wind Power Group Co., Ltd., with Schulte Marine Concept (SMC) responsible for plan approval and vessels’ construction and commissioning supervision.“We are proud to have been part of this historic project…
$6M to Fund Green Hydrogen Producing Vessel
DRIFT Energy, a British startup set to make green energy at sea using sailing vessels, reports it has closed its seed funding round, led by Octopus Ventures, brining in $6m and enabling it to start vessel production in 2025.DRIFT Energy is committed to driving the transition to clean energy worldwide by deploying a fleet of high-performance sailing vessels that harness deep ocean wind to produce green hydrogen at sea and deliver it globally.
Shipbuilding: Wind Turbine Installation Vessel Delivered to Cadeler
Cadeler took delivery of the fifth and newest addition to its fleet – Wind Peak, the first of seven newbuilds for which Cadeler currently has signed contracts. The P-class jack-up installation vessel was built at COSCO Shipping Heavy Industry (COSCO) shipyard in Qidong, China, and was named in a ceremony at the shipyard.The P-class is designed to handle some of the largest wind turbine components in the offshore wind industry.
G E Shipping Delivers Product Tanker to Buyer
The Great Eastern Shipping Company Limited (G E Shipping) delivered its 2004 built Medium Range Product Tanker Jag Pranam to the buyers. The vessel was contracted for sale in May 2024.
Regulation to Cut Ship Pollution May Have Increased Global Warming, Study finds
A new study examined the climate effect of the mandated reduction of sulfur in ship exhaust emissions globally since 2020, and it suggests that the shipping regulation has reduced how much light is being reflected back into space, which has likely contributed towards the record warming over the last few years.International shipping, while invisible to most of us, has a large impact on climate and air quality.
Can Shipbuilder Harland & Wolff Survive?
Harland & Wolff will not be able to finalize its accounts for 2023 on a going concern basis and has suspended work to complete its unpublished accounts, as it seeks out options to stay afloat.Shares of the firm, which built the Titanic more than a century ago, were suspended on London's Alternative Investment Market (AIM) in July after it failed to submit audited accounts.The shipbuilder, which survived closure once in 2019…
Putin Picks Patrushev to Lead Naval Policy
President Vladimir Putin appointed security veteran Nikolai Patrushev to head a new body in charge of Russia's naval policy.The new Maritime Board will include councils responsible for developing Russian naval activity and its military fleet, and defending Russian interests in the Arctic, according to a decree issued by Putin.Russia has a massively more powerful navy than Ukraine but has suffered a number of embarrassing setbacks at sea in the course of the two-and-a-half-year war…
Subsea7 Scoops Gulf of Mexico Contract
Subsea7 today announced the award of a sizeable contract in the US Gulf of Mexico worth between $50 million and $150 million.The scope of work includes engineering, procurement, construction, and offshore installation of a water injection flowline, hull piping and associated subsea infrastructure.Project management and engineering work will start immediately at Subsea7’s office in Houston, Texas, and…
50 Years of Air, Water and Wild Life Quality Improvements
I moved to the United States in 1976. It was an interesting time because the United States had recently enacted laws that were intended to improve the country’s air, water, and wild life.Instead of specific archaic environmental laws that, for example, outlawed dumping dead horses into the Hudson River, these were nationwide laws that set a minimum national standard that was to be enforced by the newly…
Bangladesh FSRU Expected to Resume Ops in September
Bangladesh's Summit LNG expects to complete repositioning and reconnecting work on its floating storage and regasification unit (FSRU) by August-end, it said, assuming favourable weather and sea conditions.Ship-to-ship transfer operations at its FSRU, which acts as a floating LNG import terminal, are expected to be ready in September, the company added.Summit LNG had paused operations on the FSRU after it was damaged by a steel structure when Cyclone Remal lashed Bangladesh in May…
Red Sea Crisis Impacts Oman's Salalah Port
Oman's Salalah port reported a 16% decline in container volumes in the first half of the year as ships reroute around the southern tip of Africa to avoid missile and drone attacks in the Red Sea.The port, which is Oman's closest to the border with Yemen, handled 1.679 million shipping containers in the six months to June 30, compared with 1.999 million a year earlier, Salalah Port Services Co said…
Danish Shipowners Target Bullying, Promote DEI
A series of new recommendations have been published Danish Shipping that aim to end bullying and harassment onboard Danish-flagged ships.The recommendations were announced at Danish Shipping’s annual Blue Pride Bar event and handed over to the Minister of Industry, Business and Financial Affairs, Morten Bødskov.The move follows the announcement in January 2024 by Bødskov of a series of initiatives to prevent bullying and harassment on Danish ships.
US Coast Guard Extends Contract with Birdon for Motor Lifeboat Upgrades
The U.S. Coast Guard late last month exercised an option to extend its contract with Birdon America for a program to upgrade its fleet of 47' Motor Lifeboats (MLB).The modification, announced on July 25, extends the term of Birdon's 47' MLB Service Life Extension Program (SLEP) contract through Order Years 6-10 and will allow up to another 72 MLBs to receive significant overhauls and upgrades.The Coast Guard's primary search and rescue platform…
ExxonMobil Reports Near Miss During Crew Change Offshore Canada
ExxonMobil Canada Properties (EMCP) reported a near miss event occurred on August 7, 2024, during a gangway crew change between the survey vessel Amazon Conqueror and offshore supply vessel (OSV) Victory G off Canada's East Coast.Operations were halted when it was indicated that the gangway was approaching operating condition limits for safely transporting personnel. Subsequently, the gangway detached…
Denmark Holds Anti-whaling Activist Paul Watson in Greenland as It Mulls Extradition to Japan
Anti-whaling activist Paul Watson will remain in detention in Greenland after he was arrested in the Danish autonomous territory last month, while Denmark decides whether to extradite him to Japan, a local court ruled on Thursday.U.S.-Canadian Watson, 73, founder of the Sea Shepherd conservationist group and of the Captain Paul Watson Foundation, was apprehended by police when his ship docked at the port of Nuuk on July 21.Watson will remain in detention until Sept.
Ship Reports Small Arms Fire off Eritrea
A merchant vessel reported being approached with the use of small arms fire in waters 92 nautical miles northeast of Eritrea's Massawa port in Red Sea waters adjacent to Yemen's coast, British maritime security firm Ambrey said on Thursday.The United Kingdom Maritime Trade Operations (UKMTO) said shortly after that it received a sighting report of a small boat with armed persons onboard, operating in close proximity to a small coastal freighter…
Maersk, LR and Core Power to Study Nuclear-powered Containerships
Danish shipping group Maersk has agreed to join a study by maritime services firm Lloyd's Register (LR) and UK-based Core Power, that will assess the potential for nuclear-powered container shipping in Europe, LR said on Thursday.The maritime industry has been exploring whether nuclear fuel can be used to power commercial ships as technological advancements have opened up such options, but industry officials last year said nuclear fuel solutions for ships were at least a decade away.Maersk, LR a
Freire Shipyards to Build KAUST's New Research Vessel
KAUST announced that Freire Shipyards will build its new research vessel at its yard in Vigo, Spain. Upon the expected completion in 2026, RV Thuwal II will be the first regional class research vessel for Saudi Arabia and enable complete access to the Red Sea, including coastal waters and the deep sea. The vessel was designed by Glosten (United States), who will continue to provide off-site engineering support during the construction.
Middle East Tensions Leave Big Dent in DP World's First-half Profits
Dubai-owned DP World reported a 59% drop in first-half profit on Thursday as the ports and logistics company grappled with shipping disruptions in the Red Sea as tensions flare in the Middle East due to the ongoing Israel-Hamas war in Gaza.Missile and drone attacks in the Red Sea since October by Yemen's Houthi militants, who say they are acting in solidarity with Palestinians in the Gaza war, have…
