Potential US Seaport Strike May Cause Months-long Shipping Delays
A potential strike at U.S. seaports on the East Coast and Gulf of Mexico could back up cargo there for weeks or even months, shipping experts said on Wednesday.Retailers like Walmart and other importers have been rushing goods in ahead of the Sept. 30 expiration of the union contract covering some 45,000 dockworkers at three dozen seaports from Texas to Maine.Their goal? To land cargo in the U.S. before Oct.
BW LPG Buys 12 VLGCs from Avance Gas in $1.05 Billion Deal
BW LPG on Thursday announced it has agreed to acquire 12 very large gas carriers (VLGC) from Avance Gas in a cash and stock deal valued at more than $1 billion.The deal will see Avance Gas sell off the entirety of its VLGC fleet, including four 91,000-cubic-meter (cbm) vessels built in South Korea in 2022 and 2023 and eight 83,000-cbm vessels built in China in 2015, and grows BW LPG's owned and operated VLGC fleet from from 41 to 53.According to BW LPG…
Svanehøj Tapped for Fuel Pumps on Ammonia-fueled Ships
Svanehøj won a contract to supply 32 deepwell fuel pumps for a new series of ammonia dual-fuel, 210,000-DWT bulk carriers.As a subcontractor to the AFSS supplier SunRui Marine Environment Engineering Co., Ltd., Svanehøj will provide four Deepwell (DW) NH3 Fuel Pumps for each of the first eight vessels in the series, totaling 32 fuel pumps with the first delivered in Q4 2024.To date, Svanehøj has more than 2…
Brunvoll to Supply Propulsion System for Norled’s Four New Ferries
Brunvoll has been chosen to supply azimuth propulsion thrusters and thruster control systems for Norled’s four next hybrid ferries.The vessels will service the routes between Stokkvågen, Lovund, and Træna in Norway. Designed by LMG Marin, the vessels will be built at the Tersan Havyard Shipyard.Norwegian ferry operator Norled has won the contract for the routes based on a 90% reduction in emissions.Each ferry will have a battery capacity of 8000 kWh…
Conrad Earns $116m in Contracts 1H '24
U.S. shipbuilding group Conrad Industries, Inc. announced its second quarter and six months ended June 30, 2024 financial results and backlog at June 30, 2024.For the quarter ended June 30, 2024, Conrad had net income of $2.2 million and earnings per diluted share of $0.44 compared to net loss of $5.9 million and loss per diluted share of $1.18 during the second quarter of 2023. The company had net income of $3.7 million and earnings per diluted share of $0.75 for the six months ended June 30…
Grandweld Shipyards Delivers New Vessel to UAE Operator
Grandweld Shipyards has delivered its latest vessel - the FNSA 7 - to Fujairah National Shipping.Based on Grandweld Shipyards' design the GrandSuperior, the FNSA 7 is equipped with advanced real-time remote monitoring system and digitalization package.The FNSA 7 is a multi-mission vessel, said to be able to meet the standards of major offshore oil operation companies, such as ADNOC, ARAMCO, and more.
Petrobras Puts Two Techdof’s PLSVs Back to Work
Petrobras has awarded contracts to Techdof, a joint venture between DOF Subsea and TechnipFMC, for two of its pipelay support vessel (PLSVs).Petrobras extended the existing contract for PLSV Skandi Açu to mid-2026. This extension will be followed by the new three-year contract ending mid-2029, DOF informed.Skandi Açu is designed to achieve a 650-tonne laying tension capacity, enabling the installation of large diameter flexible pipes in ultra deepwater environments…
US Coast Guard Announces Homeport for Icebreaker Aiviq
The US Coast Guard will homeport its commercially procured icebreaker Aiviq in Juneau.The vessel was originally built to serve as an Arctic oil exploration support vessel and has an icebreaking capability sufficient to serve as a Coast Guard medium polar icebreaker, following modification.The Coast Guard was appropriated $125 million in fiscal year 2024 to purchase a commercially available icebreaker.
Musicians Create Underwater Symphony
Teledyne Marine has collaborated with BetweenMusic, a Danish performance company led by musicians Leila Skovmand and Robert Karlsson, to create an underwater concert experience known as AquaSonic.The music ensemble worked with Teledyne Marine’s hydrophones to perform all the music in AquaSonic underwater.Your web browser does not support iframes, which means that the video AquaSonic: The Underwater…
Borr Drilling Takes Delivery of Fourth Jackup
Seatrium has delivered its fourth jackup rig, Vali, to Borr Drilling from its Pioneer Yard in Singapore about a year ahead of its planned delivery next year.Vali is a KFELS Super B Class rig, specifically engineered to operate in water depths of up to 400 feet and capable of drilling to depths of up to 35,000 feet. The rig can also drill deep wells both vertically and horizontally. Its cantilever structure is designed with a maximum combined load of 3…
BP: Venture Global Can’t Justify Calcasieu Pass Delay
Oil and gas producer BP Plc told federal regulators on Wednesday that it has reviewed confidential commissioning documents and does not believe Venture Global LNG needs more time to begin commercial production.Venture Global LNG's Calcasieu Pass plant has been at the center of a long-running dispute involving energy companies including BP and Shell over access to LNG from the plant.Venture Global is expected to become the second largest U.S.
Coast Guard Apprehends Nine Suspects in $829,000 Cocaine Bust
In a major drug bust, the crew of the U.S. Coast Guard Cutter Joseph Napier transferred 79 kilograms of cocaine and nine suspects to federal authorities in Puerto Rico on Monday. The contraband, with an estimated wholesale value of $829,000, was seized as part of an extensive multi-agency operation.The interdiction, which involved the Coast Guard’s Western Hemisphere Strategy, the Caribbean Corridor Strike Force Initiative…
Explosion Kills Two on Icon Offshore Supply Vessel
Malaysia-based Icon Offshore Berhad has confirmed that two seafarers were killed and another badly wounded during an incident on board one of its platform supply vessels (PSV).The fatal incident involving Icon Offshore's Icon Amara occurred on August 2, 2024 at approximately 10:30 p.m. at the Sapar Alpha platform near Bintulu, Sarawak, the company said. According to local media reports, a violent explosion…
Equinor, Dominion Win US Central Atlantic Offshore Wind Auction
Norway's Equinor and U.S. power company Dominion were the winning bidders in a U.S. government offshore wind auction of two areas off the coasts of Delaware, Maryland and Virginia, the U.S. Interior Department said on Wednesday.The offshore wind lease sale generated less than $93 million in winning bids, making it among the least lucrative of those held by the Biden administration.U.S. President Joe Biden has put the development of offshore wind at the forefront of his climate change agenda…
Wallem Names Benito Director of Business Development & Marketing
Ship management company Wallem Group announced it has appointed Luis Benito as its new group business development and marketing director, effective August 19, 2024.In his new role, Benito will be responsible for driving sustainable profitable revenue growth across the group, overseeing Wallem’s business development, marketing, brand, and communications teams. He will work closely with Wallem’s Ship Management…
Containership Order Book Expected to Rise, Hapag-Lloyd Says
The global ship order book, representing 18% of the world fleet, is expected to increase, but within plausible levels, the head of German container liner Hapag-Lloyd told analysts on Wednesday."I expect the 18%, which as such is not worrying, to nudge up a bit, but delivery windows are long and so it does not have to be a problem," said Rolf Habben Jansen, CEO of the company, which is the fifth-biggest worldwide in terms of operating tonnage.The company reported lower net profit in the first hal
Latest Missile Tech Could Give US Navy an Edge in the South China Sea
The U.S. Navy's deployment of new extremely long-range air-to-air missiles in the Indo-Pacific could erase China's advantage in aerial reach, experts say, part of an intensifying focus on projecting power amid high tensions in the region.The AIM-174B, developed from the readily available Raytheon SM-6 air defense missile, is the longest-range such missile the United States has ever fielded and was…
Callan Marine Awarded $104 Million Texas Dredging Project
The U.S. Army Corps of Engineers (USACE) Galveston District (SWG) on Monday awarded a $104 million contract to Galveston-based dredging contractor Callan Marine for the deepening of the Brazos Island Harbor (BIH) Ship Channel in South Texas.In partnership with the Port of Brownsville, USACE will deepen a 13-mile stretch of the ship channel by 10 feet, bringing the authorized depth to 52 feet. This…
Marlink Introduces Flexible Starlink LEO Data Plans for Maritime Users
Digital solutions company Marlink has introduced flexible and bespoke Starlink LEO internet plans within its hybrid network solutions.The new plans allow customers across maritime, onshore and offshore energy, enterprise and leisure boating industries to benefit from a range of connectivity plans from 10GB to unlimited data, depending on their needs.The plans enable customers to create and customize their own Starlink allowance packages depending on their specific business requirements…
Corio Teams Up with Brazilian Shipyard to Assess Its Offshore Wind Hub Potential
Offshore wind developer Corio Generation, a Macquarie Group company, and Brazilian shipyard and marine construction company Estaleiros do Brasil (EBR) have signed a memorandum of understanding (MoU) to explore how EBR’s facilities could support future offshore wind projects off Brazil’s south coast.Corio and EBR will look at how EBR’s existing infrastructure, located close to Rio Grande port in Brazil’s southern province of Rio Grande do Sul…
