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Italian Authorities Seize Spanish Charity's Vessel After Multiple Migrant Rescues in the Mediterranean
Italian authorities have impounded a vessel operated by a Spanish charity, the group said on Thursday, after it carried out multiple rescues of migrants stranded…
Coal Shipments to India fall 9% as Domestic Mining Increases
During the first nine months of 2023, coal shipments to the world’s second-largest importer of seaborne coal, India, fell 9% y/y. A 12% y/y rise in domestic coal mining replaced imports and electricity production continued to rise despite lower production from hydropower. This is according to Filipe Gouveia, Shipping Analyst at BIMCO.To ensure energy supplies, India’s government has pushed for an increase in domestic coal mining.
How Serious is Russia's Fuel Export Ban and Who Will be Hit?
Russia said on Sept. 21 that it had temporarily banned gasoline and diesel exports to all but four ex-Soviet states in response to domestic shortages, a move that will disrupt global trade that has already had to adjust to Western sanctions on Russian fuel exports.Russia eased some of the restrictions on Sept. 25, saying it would allow the export of bunkering fuel for some vessels and diesel with high sulphur content.
Eni to Deploy Cylindrical FPSO, Converted FSO at Giant Offshore Oil Field in Ivory Coast
Altera Infrastructure has been awarded contracts for the redeployment of the FPSO Voyageur Spirit and the shuttle tanker Nordic Brasilia for the Baleine Phase 2 project…
Thungela Says Coal Terminal Workers' Strike Not Impacting Exports
Thungela Resources, South Africa's largest shipper of thermal coal burned in power stations, said its shipments of the fuel have not been impacted by a workers' strike at the country's key coal export hub. Workers at Richards Bay Coal Terminal, which is owned by coal exporters including Thungela, Exxaro Resources, Glencore, and Seriti, have been on a strike for the past three weeks. A two-week strike at South Africa's state-owned ports and rail company Transnet last year hit coal shipments…
Thyssenkrupp, Wilhelmsen Create 3D Printing Firm of Maritime & Offshore Sectors
Wilhelmsen and Thyssenkrupp announced on September 29 their joint venture company, Pelagus 3D, marking the entry of a new player into global maritime and offshore services market."Pelagus 3D envisions to be the largest one-stop, on-demand digital manufacturing partner for the maritime and offshore industries. It uses Additive Manufacturing (AM) or 3D printing to deliver maritime spare parts more efficiently in terms of time and cost…
Five More Cargo Ships Head for Ukraine's Black Sea Ports -deputy PM
Five more ships are on their way to Ukrainian sea ports using a new corridor opened to resume predominantly agricultural exports, an alternative arrangement to the Black Sea grain deal blocked by Russ
Vroon Offloads 30 Offshore Service Vessels to Britoil
Britoil Offshore Services said this week it had acquired 30 offshore service vessels and supporting offices in Singapore from Dutch shipping firm Vroon."The acquisition will see an expansion of Britoil’s operating footprint into the Mediterranean, the North Sea and Asia Pacific. The operations will also synergise in the Middle East and Africa," Britoil said.The 30 vessels and supporting offices were part of Vroon’s offshore services business.
Ship with Ukraine Grain Back in Turkey under "Humanitarian corridor"
The cargo ship "Resilient Africa" arrived off Turkey's Bosphorus Strait on Thursday, the first vessel loaded with grain from Ukraine to sail in and out of the Black Sea using a temporary corridor.
Shapoorji Pallonji Energy Unveils 'Sterling Streamline' FPSO Hull Design
Shapoorji Pallonji Energy Pvt Ltd (SPE), on Friday unveiled a new generation of its standardized newbuild Hull concept design for large FPSOs called Sterling Streamline."SP Energy, India’s sole specialist in designing, building, owning and operating Floating Production Storage and Offloading (FPSO) units, is developing this new hull design that it believes would be an appropriate off-the-shelf solution for the offshore industry…
First Big Grain Ship Leaves Ukraine's Black Sea Port
The first big ship carrying grain from a Ukrainian Black Sea port has set sail since Moscow quit a deal in July to allow exports, a Ukrainian deputy prime minister said on Friday…
Longline Fishing Company Successfully Trials Whale Depredation Solution
Norway/Uruguay-based Pesquera Azul’s has successfully trialed an innovative catch protection cage in whale-rich waters in the southern Indian Ocean. The company says it is a potential game-changer for the longline fishing industry as it grapples with the challenge of whale depredation.The steady increase in the whale population in sub-Antarctic fishing grounds is hampering the longline fishing industry, especially for fatty fish species.
MSC Confirms Order for Hydrogen Cruise Ship Pair
The total investment in six luxury ships for Explora Journeys worth $3.7BMSC Group Cruises Division confirmed the order of two hydrogen ships for its luxury brand Explora Journeys with Fincantieri, confirming its commitment to achieving zero carbon emissions by 2050. The contracts are conditional on obtaining financing for the shipowner.The two new ships will pursue the use of liquid hydrogen fuel cells for hotel operations while in port, to eliminate carbon emissions with engines turned off.
Cargo Vessel Leaves Ukraine's Chornomorsk after Loading Grain - Deputy PM
A cargo vessel carrying grain has left the Ukrainian Black Sea port of Chornomorsk for the first time since a grain deal collapsed, a top government official said on Tuesday…
Brazil's Navy Seizes Record Amount of Cocaine
The Brazilian Navy said on Tuesday it had seized 3.6 metric tons of cocaine on a boat off the coast of northeastern Pernambuco state, in the largest single off-shore capture of the drug by Brazil.In a statement, the Navy said it had captured a small motor boat used for transporting people and cargo along the coast with five crew members heading to Africa.
Norwegian Seismic Specialists TGS and PGS Set to Merge
Seismic group TGS, a supplier of key data to the oil industry, has agreed to buy loss-making rival PGS in an all-share deal valued at 9.3 billion Norwegian crowns ($864 million), the two Oslo-listed companies said on Monday.The groups expect "significant economies of scale" from the combination, with a preliminary estimate of cost cuts amounting to $50 million, they said in a joint statement.The deal…
MOL Chemical Tankers to Acquire Fairfield Chemical Carriers
MOL Chemical Tankers has reached a deal to acquire the business of Fairfield-Maxwells' Fairfield Chemical Carriers in an all-cash transaction.Under the agreement, MOL Chemical Tankers would obtain 100% of the shares in Fairfield Chemical Carriers for about $400 million, subject to change depending on the price adjustment under the share purchase agreement.Fairfield Chemical Carriers’ fleet of 36 chemical tankers would dovetail with MOL Chemical Tankers’ fleet of 85 chemical tankers.
Sierra Leone Hit by Power Cuts after Turkish Power Ship Switches Off Supply over Unpaid Debt
Sierra Leone's capital Freetown has been hit by power cuts after Turkey's Karpowership switched off the electricity supply due to an unpaid debt of around $40 million, the energy minister said on Friday.Minister Kanja Sesay told Reuters that the outstanding amount "was accrued over time because the government subsidizes more than half the cost the ship charges per kilowatt hour".He said the government had to spend more on the subsidy because it charges consumers in the weak local Leone currency…
Russia In Talks with China, India to Develop More Ice-class Vessels
Russia must boost production facilities for the construction of ice-breaking vessels in order to meet its targets for increasing trade via the Northern Sea route, Moscow's official in charge of Arctic development has said.The government has been in talks with India and China on such projects, Alexei Chekunkov, the head of Russia's Ministry for the Development of the Russian Far East and Arctic, told RBC media.Russia has long viewed the route…
South Africa Inquiry Finds No Evidence of Arms Shipment to Russia
South African President Cyril Ramaphosa said on Sunday that an independent inquiry has found no evidence that a Russian ship had collected weapons from the country…
Maritime Piracy
Houthi Rockets Wreak Havoc on Middle East Container Shipping
Narco-Submarines: The Hidden Depths of Drug Trafficking
Drug Smuggling on Ships and Submarines: An Escalating Threat
Maersk revises profit forecast upwards due to robust demand and disruptions in the Red Sea.
Global Shipping Carriers Are Feeling the Impact of the War in Ukraine and the Middle East
Maritime Piracy in the Horn of Africa:
Houthis Declare All-Out War on Israeli Shipping, Vowing to Strike Beyond Red Sea
Injustice at Sea: Greek Court Drops Charges in Deadly Migrant Shipwreck
