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Container Lines Expect US Import Binge to Lose Steam
Surging shipments into the United States are fueling record high freight costs and logjams at seaports, but transportation executives say the rally will lose steam with a second wave of COVID-19 restrictions on the cards.Container shipping companies, which move goods for customers including Amazon.com and Walmart, got stung late last year and early this year when COVID-19 halted trade around the world, and they question whether the U.S.
Lomar Promotes Georgiou to CEO
Nicholas Georgiou has been promoted to Chief Executive Officer of ship owning and management business Lomar, its parent company the Libra Group announced. Georgiou has been Lomar’s Chief Operating Officer since 2010 and succeeds Achim Boehme, who passed away from cancer in July.George Logothetis, Chairman and CEO of the Libra Group, says, “This announcement has long been in our succession planning, with Achim due to have become Chairman of Lomar.
Canadian Nuclear Laboratories Studying Maritime Decarbonization Technology
Canada’s premier nuclear science and technology laboratory is examining opportunities to reduce greenhouse gas emissions and other pollutants from marine vessels in Canada.Canadian Nuclear Laboratories (CNL) said Monday it has been awarded a contract by Transport Canada to develop an assessment tool to examine clean technologies that could reduce greenhouse gas emissions and the release of other pollutants from vessels.
UK Special Forces Storm Oil Tanker, Detain Stowaways in English Channel
British special forces stormed a Greek-operated oil tanker in the English channel on Sunday to wrestle control of the vessel from seven stowaways who had threatened…
Scorpio Sells Another Bulk Carrier
Scorpio Bulkers announced it has sold another bulk carrier, marking its seventh ship sale since revealing plans to pivot away from dry bulk shipping toward offshore…
Video: Disabled Cargo Ship Rescued in Heavy Seas off Ireland
Three rescue craft came to the aid of a disabled cargo ship adrift in heavy seas and in danger of hitting the rocks off the Irish coast.The Antigua Barbuda-flagged general cargo vessel Lily B reported to MRCC Dublin Tuesday afternoon that it had lost power off the Waterford Harbor, southeast of Ireland.The Irish Coast Guard called upon three Royal National Lifeboat Institution (RNLI) lifeboats from Dunmore East…
Australia Evacuates Crew from Coronavirus-hit Livestock Carrier
Australian officials were evacuating workers from a Kuwaiti-flagged livestock ship docked off the country’s west coast on Tuesday after at least half the 52 crew…
Cruise Ship Makes Rescue off Florida
A cruise ship idling without passengers came to the aid of a small craft in distress in international waters 37 miles off the coast of Palm Beach, Fla., on Saturday.Upon seeing the boat in the water, the 855-foot Carnival Sensation maneuvered alongside the craft and provided blankets, life jackets, food and water to the 24 people on board, which included individuals from various nationalities and two children…
Scorpio Bulkers Sells Another Ultramax Amid Offshore Wind Pivot
Scorpio Bulkers said on Thursday it has sold another Ultramax bulk carrier, the sixth ship to leave its fleet since the Monoco-based shipowner announced plans to…
Reverse Osmosis and the New Dawn of Marine Desalination
Today’s desalination plants are rugged, durable and highly automated to meet the demands of operators and the crew, enabling them to meet schedule and mission with ample potable water production.In the days of old, marine distilling plants – then mostly steam – relied on archaic flash evaporators, which used steam to heat, power an air ejector, and ultimately create a vacuum whereby seawater would flash or boil and ultimately be distilled.
Comprehensive Sanctions: Iran, Syria and North Korea
This article will focus on “comprehensive sanctions,” which prohibit most trade between the U.S. and the target country, with a particular focus on three countries currently targeted by comprehensive sanctions: Iran, Syria and North Korea. Similar jurisdictions which are subject to varying levels of comprehensive sanctions, including Cuba, the Crimea region (Russia/Ukraine) and Venezuela (which may…
FEED Completed for Delfin FLNG Vessel
Delfin Midstream (“Delfin”) has informed that the FEED has been completed for the Newbuild FLNG Vessel for the Delfin LNG project offshore Louisiana, in cooperation with Samsung Heavy Industries and Black & Veatch.Delfin LNG project has been described as a brownfield Deepwater Port "requiring minimal additional infrastructure investment to support up to four FLNG Vessels producing up to 13 million…
Maritime Resilience and the Human Element at MRS2020
Has the age of maritime discovery and exploration actually ended? Perhaps not exactly. As the history of maritime resilience and the human element shows, as far back as the 1500s and earlier, from using new navigational aids and improved ship designs, to coastal and inland route sailing, to navigating on open seas with uncertain charts, wayward icebergs, dense fog and luckily at times, clear starry nights, mariners have faced human element and maritime resiliency challenges.
Hurricane Closes 92% of Gulf of Mexico Oil Output in Biggest Shutdown in 15 Years
A strengthening Hurricane Delta dealt the greatest blow to U.S. offshore Gulf of Mexico production in 15 years, halting most of the region's oil and nearly two-thirds of its natural gas output.An already large and powerful storm, Delta could intensify further on Friday as it churns through the Gulf's prime oil-producing area. Its winds reached 120 miles per hour (195 kmh), according to the National Hurricane Center.Delta has shut 1.67 million barrels per day…
Historic Lindenau Shipyard Part of Nobiskrug's Expansion Plans
German shipyard NOBISKRUG, renowned for its custom superyachts such as Sailing Yacht A and Artefact, is expanding the capacity and capabilities of its new build and refit business, an expansion that will include the historic Lindenau facility located in the city of Kiel.Nobiskrug continues to see high demand for new build projects and large refits despite the global economic impact of Covid-19 in 2020.
Yinson's First FPSO for Brazil Arrives at Second Shipyard
Malaysia's Yinson said its floating production, storage and offloading unit (FPSO) Anna Nery sailed away from the Cosco Qidong shipyard in Jiangsu, China and has entered drydock at the Cosco Changxing shipyard in Shanghai, marking the next phase of the FPSO construction.FPSO Anna Nery, which is being built from a converted tanker Falcon, is Yinson’s first asset planned for deployment in Brazil and the largest project to date.
LQ, Pipe Rack Modules Installed on Energean Power FPSO
Living quarters and eigh pipe rack modules have been lifted aboard the Energean Power FPSO hull as the construction of Energean's FPSO destined for the Mediterranean Sea progresses in Singapore.The FPSO hull, built in China is being outfitted with topside modules at Sembcorp’s Admiralty Yard, Singapore. Once completed the FPSO will sail away to Israel, where it will be used to develop the Karish offshore gas field.The LQ module lifted on the hull is 20 meters long…
PDVSA to Install Ship-to-ship Hub Away from Shore
Venezuela's state-run oil firm PDVSA is informing customers about a new hub for doing ship-to-ship transfers for exports in a location away from shore, a shift that could mean higher costs and less supervision, according to three sources.More than two-thirds of Venezuela's oil exports leave from the Jose terminal on the country's eastern coast, a large and heavily supervised facility with two monobuoys for exports and connected through pipelines to several crude upgraders.But with U.S.
Australia Sends Troops to Help Contain Virus on Bulker
Australian defense personnel are being deployed to Port Hedland, one of the world’s largest iron ore loading ports, to help contain a coronavirus outbreak on a bulk…
The First Woman to Sail Around the World
In 1765, a young, peasant woman left a remote corner of rural France where her impoverished family had scraped a living for generations. She set out on a journey that would take her around the world from the South American jungles and Magellan Strait to the tropical islands of the Indo-Pacific.Jeanne Barret (also Baret or Baré) was the first woman known to have circumnavigated the world. Abandoning her bonnet and apron for men’s trousers and coats…
