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Cox Marine Names Heasman EMEA Sales Director
Diesel outboard engine specialist Cox Marine announced it ahs appointed marine industry specialist Harry Heasman as its Sales Director for Europe, the Middle East and Africa (EMEA).The new regional position strengthens the company’s focus on wholesale activity within EMEA as it builds a global sales structure for the CXO300 diesel outboard engine.Bringing over a decade of experience working, Heasman has been immersed in the U.K.
DNV Recognizes First Verified SEEMP III Vessel
Classification society DNV presented Arcadia Shipmanagement Co Ltd. with a certificate recognizing their vessel Aegean Myth as the first vessel globally to have a SEEMP III manual. The Ship Operational Carbon Intensity Plan or SEEMP Part III, is part of IMO’s strategy to reduce shipping’s greenhouse gas (GHG) emissions and a verified SEEMP Part III must be kept on board from 1 January 2023.The SEEMP Part III…
Vestdavit Designs Telescopic Davit for the Danish Navy
Vestdavit has extended its range of boat-handling systems with a new telescopic davit specially designed and developed for a retrofit contract with the Royal Danish Navy.The Norwegian davit supplier has now secured the award to deliver a total of eight TDBS 8000 systems for launch and recovery of fast rescue boats that will be installed on four existing Absalon and Iver-class naval frigates.The davit…
US Grain Shipments Through Great Lakes-Seaway Up 39%
U.S. grain shipments via the Great Lakes-Seaway system totaled 312,000 metric tons from March 22 to May 31, up 39% compared to the same period in 2021. Much of the increase is due to exports of corn and soybeans out of the Port of Toledo and some new trade starting at the port of Oswego this shipping season. The rise in shipments, which are predominantly heading to Europe and North Africa, are in part…
BMT Delivers Life Extension Program for Hospital Vessel ‘MV Africa Mercy’
BMT was appointed to support Mercy Ships with a life extension program to extend the operational life of the Hospital ship MV Africa Mercy.Following the successful completion of the initial extension program, the vessel is now operational ahead of the next stage of upgrades that will deliver further improvements and allow the vessel to operate until 2035.Described as an essential lifeline for communities in Africa in need of medical facilities…
Havfram Bags Senegalese Mooring Pre-Lay Contract from MODEC
Offshore services company Havfram announced it has been awarded a contract from MODEC Offshore Production Systems (Singapore) Pte Ltd. (MODEC) for the pre-installation of the subsea mooring system for a floating production storage and offloading (FPSO) in 2022.MODEC’s parent company, MODEC, Inc., will supply this facility to Woodside, for deployment in Senegal as part of the Sangomar Field Development Phase 1 project.
Russia Says It Is Assisting Exports of Ukrainian Foodstuffs via Azov Sea
Russia said on Thursday it was facilitating the export of grain and oilseeds from Ukraine through Russian-held transit points on the Azov Sea, without explaining who was providing the foodstuffs for export.Ukraine, like Russia one of the world's biggest exporters of grains and oilseeds, has accused Russia of stealing grain from territories in Ukraine that its forces have seized.Russian Deputy Prime Minister Viktoria Abramchenko rejected the allegation in an interview with Reuters…
Updates, Developments and Advances in Combat and Patrol Craft
My first visit in 2007 to the American Society of Naval Engineers’ (ASNE) Multi-Agency Craft Conference (MACC) was an eye-opener. Having built a naval architecture career with frigates, destroyers and other large naval and commercial ships, I was eager to learn of the smaller craft used by the U.S. Navy and other government and military bodies. As my flight into Norfolk, Va. descended over Chesapeake Bay…
West Africa Market Harbors Positive Potential for MODU Operators
The region could be a key growth market for the oil and gas industry going forward, writes Joshua Belo-Osagie, Maritime Strategies International (MSI).Improving sentiment surrounds energy market prospects offshore West Africa, the positive mood underpinned by higher oil prices, reformed regulatory frameworks in key markets including Angola and Nigeria and the discovery of major prospects off the Ivory Coast and Namibia.In addition…
Demand Grows for OSVs in the Offshore Floating Production and Storage Energy Sector
Over the last year we have seen an upswing in floating production and storage systems ordering after many years of low activity. According to our colleagues at World Energy Reports, “The global oil and natural gas markets are contending with rebounding energy demand on top of supply disruptions from Russia’s invasion of Ukraine. As a result, activity and business sentiment in the floating production…
UAE and Morocco to Boost Trade Via Faster Shipping
The United Arab Emriates wants to bolster trade with Morocco to reach $7 billion within 10 years from $800 million in 2021, UAE Economy Minister Abdullah bin Touq Al Marri said on Thursday in Rabat.For that purpose, the two countries will speed up container shipping to seven days from 40 days, Al Marri told Reuters before a visit to Africa's largest port in Tangier, northern Morocco.The UAE is one of the largest investors in Morocco…
Sandock Austral Shipyards Offering Container Feeder Barge Concept
A new port container barge concept being offered by Durban's Sandock Austral Shipyards aims to improve the way containers are handled in South Africa’s ports, ultimately leading to less road congestion and faster turnaround times for imports and exports.The internationally patented, German-designed self-propelled and self-sustained Port Feeder Barge can be deployed at a moment’s notice to wherever it is needed and can operate easily in low water depth or high berth.
International Seaways Sells Stake in Al Shaheen Oil Field FSOs to Euronav
Oil tanker operator International Seaways has sold its 50% stake in two floating storage and offshore (FSO) vessels, the FSO Asia and FSO Africa, to its joint venture partner Euronav NV. The purchase price values the two FSO vessels at $300 million in total. Net of adjustments for working capital and expenses, International Seaways received approximately $140 million in cash from the sale.The transaction has been approved by North Oil Company (“NOC”)…
Posidonia 2022: DNV, Saronic Ferries Sign MoU for Electric Ferry Development
DNV and Saronic Ferries signed a memorandum of understanding (MOU) designed to enable the development of an electric ferry for local deployment in Greece. The collaboration is targeted toward a fully electric concept for deployment on short-sea passenger routes in the Argosaronikos area. The MoU was signed at the Posidonia 2022 trade fair."The use of all-electric or hybrid vessels in the short sea…
Hapag-Lloyd Acquires DAL's Container Liner Business
Hapag-Lloyd announced it has closed its acquisition of the container liner business of German carrier Deutsche Afrika-Linien (DAL), as the German liner shipping…
Marine Insurance: CyNav for Ports & Terminals
WTW has launched CyNav for Ports and Terminals, a cyber solution specifically designed to help address the escalating cyber risks faced by owners and operators in this strategically vital sector of the global maritime supply chain. The release of CyNav for Ports and Terminals is a direct response to growing calls from operators for a bespoke product that addresses the specific risks faced by their…
Black Sea Ports Still the Best Way to Get Ukraine's Grain Moving Fast
Ukraine is desperately trying to export its vast stores of grain by road, river and rail to help avert a global food crisis but has no chance of hitting its targets unless Russia's blockade of its Black Sea ports is lifted, a government official said.Before Russia sent troops into Ukraine on Feb. 24, the country had the capacity to export up to 6 million tonnes of wheat, barley and maize a month but exports collapsed to just 300…
Bolsonaro Fires Second Petrobras CEO in Two Months
Brazil's right-wing president Jair Bolsonaro fired the chief executive of oil producer Petrobras - the second in two months - after the company refused to sell fuels at a discount to consumers warning it would lead to diesel shortages. Bolsonaro also called for the election of a new board, according to a statement released close to midnight local time on Monday by the state-controlled company, opening…
Damen Shipyards Delivers Multi-Mission Inshore Patrol Vessel to S. Africa Navy
Damen Shipyards has delivered the first of three 62m by 11m Multi-Mission Inshore Patrol Vessels (MMIPVs) to the South African Navy, at a ceremony held at Simon's Town Naval Base in South Africa."The vessel marks the culmination of four years of work for Damen Shipyards Cape Town (DSCT). The vessel being delivered will augment South Africa’s maritime security by enhancing the country’s capability to respond effectively…
Baltic Dry Index Gains as Rates Firm for All Vessels
The Baltic Exchange's main sea freight index rose on Thursday, due to higher rates for all vessels.The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was up 100 points, or 3.1%, at 3,289 points, the highest since December 9.The capesize index gained 221 points, or 5.31%, to 4,385 points.Average daily earnings for capesizes, which typically transport 150,000-tonne cargoes such as iron ore and coal, were up $1,837 at $36,368.Strong demand for