Maritime Industry Top News
Ship Recycling: Vessel Offerings Have Declined
Action in the Middle East, including a repeat Houthi attack on container vessel Groton in the Red Sea, has increased volatility in the region, and the already slim pickings of tonnage for recycling only got worse through August, reports cash buyer GMS.“The desperate question unraveling in everyone’s mind is whether this is expected to be the case through 2024 / early 2025? Interestingly, even though…
ABS Opens Office in World’s Largest Iron Ore Export Town
ABS is expanding its footprint in Western Australia, establishing a physical presence in Port Hedland, a key trading zone for dry bulk minerals in the Eastern Hemisphere. The new site joins other ABS locations in Perth, Cairns, Brisbane, Sydney and Melbourne.Port Hedland, the world’s largest iron ore export port, is located within the Pilbara region in northwest Australia. The area is making substantial investments to support the energy transition to meet net-zero emissions goals.
Study: Compressed Hydrogen Beats Ammonia on Capital and Energy Efficiency
Provaris Energy has completed a study for bulk-scale hydrogen export and import compression facilities that it says confirms the viability the low energy use and low capital of Provaris’ compressed hydrogen supply chain for regional marine transport of hydrogen in gaseous form.The study, the fourth in a series of techno-economic studies developed by Provaris, was based on a 540MW capacity reservation export site…
Esgian Week 35 Report: Petronas Plans Return to Mexico
Esgian provides an update on plans for Petronas to return to the deep waters off Mexico in its Week 35 Rig Analytics Market Roundup.Report SummaryContractsMalaysia's Velesto said Monday it has secured a Letter of Award for its 350-ft jackup Naga 3 from Vietnam-based Thang Long Joint Operating Company (TLJOC).Dolphin Drilling’s Letter of Intent (LoI) with an undisclosed operator in the UK for its 1…
Voluntary EV Fire Prevention Measures Earn ClassNK Certification
Mitsui O.S.K. Lines (MOL) has been granted certification for its voluntary efforts to improve fire prevention on the car carrier Cerulean Ace.The LNG-fueled vessel is operated by MOL and managed by MOL Ship Management. It has been granted certification for "Additional Fire-Fighting measures for Vehicle Carrier (AFVC)" by ClassNK for measures that prevent onboard fires during the transport of electric…
Feasibility of Remote Pilotage Under International Review
The International Maritime Pilots’ Association (IMPA), which represents over 50 member countries, is partnering with the Canadian National Centre of Expertise on Maritime Pilotage (NCEMP) and the Canadian Coast Guard to evaluate the feasibility of remote pilotage.The work aims to provide authoritative insights into the current and potential use of remote pilotage on conventional ships and those that…
ClassNK Publishes Onboard Ammonia Leak Estimates
ClassNK has published industry-first estimated leak frequencies for ammonia fuel from onboard components for ammonia-fueled ships. For new ammonia-fueled ship designs, risk assessments involve the consideration of the probability of ammonia leak from each component. However, statistical data of onboard ammonia leak have been extremely limited, making probability estimation difficult.ClassNK, in collaboration with the Research Institute of Science for Safety and Sustainability (RISS)…
Philippines Accuses China of Another Ramming
The Philippines and China exchanged accusations of intentionally ramming coast guard vessels in disputed waters of the South China Sea on Saturday, the latest in an escalating series of clashes in the vital waterway.The collision near the Sabina Shoal was their fifth maritime confrontation in a month in a longstanding rivalry.Beijing claims almost the entire South China Sea, including parts claimed by the Philippines, Brunei, Malaysia, Taiwan and Vietnam.
Another Chinese Naval Vessel Enters Japanese Waters
Japan lodged a protest with China after one of its naval survey vessels entered Japanese waters on Saturday, the second incursion into its territory by the Chinese military in less than a week.An uptick in Chinese military activity near Japan and around Taiwan in recent years has stoked concerns in Tokyo. Japan has responded with a defence buildup that it says aims to deter Beijing from using military…
Bayesian Crew Member Recounts Rescue Efforts
Crew members on Mike Lynch's yacht have spoken of the moments when a storm sank the vessel off Sicily and their efforts to help save passengers, after a disaster that killed the British tech tycoon and six other people.Matthew Griffiths, who was on watch duty on the night of the disaster two weeks ago, told investigators that the crew members did everything they could to save those on board the Bayesian…
Houthis Attack Same Container Ship Twice
Yemen's Houthi militants said on Saturday that they attacked a Liberia-flagged container vessel for a second time in the latest action against commercial shipping in the Gulf of Aden.Yemeni military spokesperson Yahya Saree's televised statement did not specify when the latest attack on the MV Groton took place.The United Kingdom Maritime Trade Operations said in an advisory note that two missiles exploded on Friday in close proximity to the vessel, 130 nautical miles east of Yemen's Aden.
Containership Strikes Tall Ship at Berth in Australia
A Singapore-registered containership allided with an iconic training tall ship at berth in Australia's Port of Fremantle on Friday, causing damage to both vessels.The 332-meter box ship Maersk Shekou was proceeding into the harbor under pilotage, assisted by four tugs when it struck the STS Leeuwin II, which was at berth.Two night watch crew members on board the 55-meter tall ship were taken to a nearby hospital for non-life-threatening injuries…
DOF Subsea Grows Its APAC Backlog
DOF Subsea (DOF) on Friday announced a contract extension and a contract award securing further backlog for the Asia-Pacific (APAC) region.A contract extension has been secured for dive support vessel Skandi Singapore with the vessel fully committed through Q4 2024 with further options available into Q1 2025.In addition, the latest contract secured for the region will utilise Skandi Singapore and see the vessel deployed off the Australian coast during Q1 2024.
Trinidad and Venezuela Set to Launch Seismic Survey at Joint Gas Fields
Seismic work at offshore gas fields shared by Venezuela and Trinidad and Tobago is expected to start in the coming days, the Caribbean country's energy minister Stuart Young said on Friday on social media.Venezuela in July issued a 20-year license allowing the development of its side of the reservoir, the Cocuina field. The U.S. earlier this year also authorized the project, to be developed by Britain's BP and Trinidad's National Gas Company.The Cocuina and Manakin fields…
Tech Advancement is Key to Slashing Maritime Sector Emissions -DNV Report
Reaching the International Maritime Organization’s (IMO) target of a 20% reduction in shipping emissions by 2030 will hinge on significant advancements in energy efficiency, according to DNV's latest Maritime Forecast to 2050. The report underscores the need for immediate action to enhance energy savings, especially as carbon-neutral fuels remain limited and costly.To meet the IMO’s decarbonization goal…
GE Vernova Says Offshore Wind Turbine Blade Failures Are Unrelated
GE Vernova on Friday said recent turbine blade failures at two offshore wind farms in the United States and the United Kingdom are unrelated.The statement comes as the company has been grappling with fallout from three separate blade accidents in four months.The most recent occurred on Aug. 22 at the Dogger Bank wind farm off the coast of Yorkshire in the North Sea, a little over a month after a blade…
Austal USA Begins Building Its First Offshore Patrol Cutter for the US Coast Guard
Austal USA held a ceremony marking the official start of construction on the first U.S. Coast Guard Heritage-class Offshore Patrol Cutter (OPC) to be built at its Mobile, Ala., shipyard. The vessel, named Pickering (WSMM 919), is the lead vessel in a series potentially comprising up to 11 cutters under a contract valued at $3.3 billion.Designed at 360 feet in length, the OPC program is set to replace the Coast Guard's aging medium endurance cutters…
Russia's Seaborne Diesel Exports Fall to One-year Low
Russia's seaborne diesel and gasoil exports are expected to fall in August to the lowest since September 2023 at 2.7 million-2.8 million metric tons due to refinery maintenance and domestic fuel demand, LSEG and market sources data show.Russia's refinery runs in August were steady or slightly higher than in July, but diesel production is seen declining due to the overhaul of secondary refining units at several refineries…
Bath Iron Works Lays Keel for US Navy Warship USS William Charette
The keel for the future USS William Charette (DDG 130), an Arleigh Burke-class guided-missile destroyer, was ceremoniously laid on August 29 at General Dynamics Bath Iron Works (BIW) in Bath, Maine. The warship is scheduled for delivery to the U.S. Navy in 2026.Named after Medal of Honor recipient Master Chief Hospital Corpsman William R. Charette, the ship honors his valorous service during the Korean War with Company F…
Adani Ports to Buy $185 Million Stake in Astro Offshore
Adani Ports and Special Economic Zone said on Friday it will buy a majority stake in an offshore support vessel operator for $185 million, expanding its fleet and diversifying beyond port operations.Astro Offshore, in which Adani Ports will buy an 80% stake, owns a fleet of 26 vessels including barges and workboats, counting miner NMDC and construction bellwether Larsen and Toubro as its customers."Astro will add... to our current fleet of 142 tugs and dredgers...
