Maritime Industry Top News
d’Amico Options to Buy Back Leased MR Tanker
Tanker shipping company d’Amico International Shipping S.A. (DIS) said it has exercised its purchase option on the High Priority, a 46,847 dwt MR product tanker vessel it sold and leased back in 2017…
VIDEO: Profiles in Training - Mike Corrigan, CEO, INTERFERRY
Mike Corrigan, the ubiquitous leader of Interferry, has a broad base of energy and maritime industry experience, including his stint as CEO of BC Ferries. Corrigan shares with Maritime Reporter & Engineering News his thoughts on a broad range of issues facing the ferry industry: COVID-19, emerging international regulations, and yes, maritime training and education initiatives throughout the world ferry industry.Looking back to your tenure atop BC Ferries…
VIDEO: Across the Ocean & Up the Mountain with Erden Eruc
Erden Eruc is a man on a ‘human-powered’ mission, a mission which Elliott Bay Design Group recently assisted with donated design services as he plans for the next leg of his “Six Summits Project.” Next up: a solo row across the Pacific Ocean, a bike ride to Tibet and climbing Mt. Everest.A Seattle resident, Erden Eruc’s solo circumnavigation by human power quest, which started as a quiet obsession in the late 1990s…
Baltic Index Down for Second Week
The Baltic Exchange's main sea freight index fell for a second straight week, despite recovering slightly on Friday, as rates for the larger capesize vessel segment weakened.The Baltic dry index, tracking rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, rose 6 points, or 0.5%, to 1,333.The index fell about 8.2% this week.The capesize index dropped for a 12th straight session, falling 13 points, or 0.8%, to 1,527, its lowest since Dec.
Bureau Veritas Certifies 3D Printed Propeller
Bureau Veritas (BV) said it has certified a new-generation 3D printed propeller manufactured by Naval Group for a Tripartite-class minehunter vessel.“This technology is promising and opens the room for further, more complex, innovations in additive manufacturing,” Laurent Leblanc, Senior Vice President Technical & Operations at Bureau Veritas Marine & Offshore.With its 2.5-meter span supported by five 200-kg blades…
China's Latest Weapon Against Taiwan: The Sand Dredger
Taiwanese coast guard commander Lin Chie-ming is on the frontline of a new type of warfare that China is waging against Taiwan. China’s weapon? Sand.On a chilly morning in late January, Lin, clad in an orange uniform, stood on the rolling deck of his boat as it patrolled in choppy waters off the Taiwan-run Matsu Islands. A few kilometers away, the Chinese coast was faintly visible from Lin’s boat.
Poor Bridge Resource Management Led to Gas Carrier Allision -NTSB
A liquefied petroleum gas (LPG) carrier struck a Washington State wharf in 2019 because the pilot approached with excessive speed and at too steep an angle, resulting…
Wagenborg Commissions New Cargo Ship Máxima
The second EasyMax multipurpose cargo vessel has been delivered to Royal Wagenborg and affiliated owners and taken into service under her official name Máxima.Built at the Royal Niestern Sander shipyard, the vessel is 149.95 meters long, with 15.9-meter beam and 8.6-meter draft. The ship has two large rectangular holds – 13.5 meters wide, 12.1 meters high, and 47.36 meters and 64.38 meters long, respectively.
Tugboat Captain Medevaced in Brownsville, Texas
An ailing tugboat captain was medevaced in Brownsville, Texas, Thursday, the U.S. Coast Guard said.Watchstanders at Coast Guard Sector/Air Station Corpus Christi…
Fincantieri Lays Keel for Cruise Ship Viking Mars
Italian shipbuilder Fincantieri said Thursday it has laid the keel for small ocean cruise ship Viking Mars, the eighth in a series for the shipowner Viking Cruises. The vessel is due for delivery in 2022.As its sister ships, the newbuild will have a gross tonnage of about 47,800 tons, 465 cabins with accommodation for 930 passengers.The Viking units are all built according to the latest navigation regulations and equipped with the most modern safety systems, including the “Safe return to port”.
Stena Line Plans to Launch 'Fossil-free' Ships Before 2030
Swedish ferry company Stena Line said it plans to put two battery-powered vessels into service by 2030. The new RoPax ferries, which will operate without the use of fossil fuels, are part of the company's wider effort to reduce its environmental footprint.The news was revealed in Gothenburg on Thursday by Stena Lines CEO Niclas Mårtensson during a press conference announcing the Tranzero Initiative…
North P&I Club Names Arklow Shipping's Tyrrell as Chair
North P&I Club has elected James Alexander Tyrrell as its new chair of the board, succeeding Pratap Shirke, in a change at the helm of the global marine insurer that also sees Ioanna Procopiou become the Club’s first female vice-chair.Tyrrell, a director of North member Arklow Shipping, takes up the role from February 4, having previously served as vice-chair of the North board. The formal announcement follows full approval by the Prudential Regulation Authority…
Greek Cruise Operators Hope Vaccinations Will Help Save Summer Season
Greek cruise lines hope a swifter vaccination rollout and the government’s proposed vaccine certificates scheme can help get ships out of the docks where they have been idling empty for the past year and back to sea for the vital summer season.With international travel now at a near-standstill, saving at least part of the summer season will be vital, said George Koumpenas, Chief Operating Officer for Celestyal Cruises…
Hestbaek Takes the Helm at Hamburg Süd
Long-serving Hamburg Süd executive Poul Hestbaek will take the CEO reins from Dr. Arnt Vespermann, who will step down after more than 20 years at the German container shipping company.Hestbaek has been with Hamburg Süd since 2004 and is currently the company's CCO. The 59-year-old shipping-industry veteran has previously been responsible for the liner shipping company’s commercial business on several continents…
Containership Crew Member Medevaced Off Hawaii
An injured mariner was medevaced from a containership off the coast of Hawaii on Wednesday.At 4 a.m., Saturday, the captain of the 984-foot Adonis notified Joint…
Bluewater Taps Royston for FPSO Engine Overhaul
FPSO operator Bluewater Services signed a framework agreement with marine engineering and maintenance firm Royston for engine overhaul, repair, and associated services on two of its FPSOs.Under the agreement, Royston will carry out planned engine maintenance and emergency repairs on the Haewene Brim and Aoka Mizu FPSOs operating in the North Sea. The framework includes main engine work on both vessels as well as on generator sets and fire pumps.The Samsung built 103…
Denmark to Build Giant Wind Energy Hub In the North Sea
Denmark has reached a deal on the construction of the first of its kind wind energy hub in the North Sea that promises to produce yet unseen amounts of green electricity, in what has been described as the largest construction project in Danish history.The energy hub - an artificial island - will serve as an offshore power plant gathering and distributing green electricity from hundreds of wind turbines surrounding the island directly to consumers in countries surrounding the North Sea.
Euronav Posts 4Q Loss. Expects Pressure on Freight Rates to Continue in 2021
Belgium's Euronav expects pressure on freight rates to continue until late 2021, the tanker operator said as it reported weaker than expected quarterly results on Thursday, citing OPEC+ export cuts because of the COVID-19 pandemic's impact on demand for oil.The company, one of the world's largest tanker companies, benefited from soaring demand for oil storage at sea in early 2020 as buyers struggled to find space for surplus crude when demand collapsed during the first wave of the pandemic.Howev
Solstad Offshore Sells Three Platform Supply Vessels
Norwegian offshore vessel owner Solstad Offshore has sold three platform supply vessels.The vessels, sold by Solstad's Deep Sea Supply Shipowning AS and Deep Sea Supply Shipowning I AS subsidiaries, are the Sea Angler built in 2007, the Sea Bass built in 2008, and the Sea Turbot, also built in 2008."Delivery of the vessels to the new owner took place today Thursday, February 4th, 2021. The sale of the vessels will result in an immaterial accounting effect for 1Q 2021…
Rolls-Royce Sells Bergen Engine Medium Speed Business for $180m
Rolls-Royce signed an agreement to sell the Bergen Engines medium speed gas and diesel engines business to TMH International, the international branch of TMH Group, for net proceeds of approximately $180 million.TMH Group, based in Russia, is an engineering company in rail transport technologies and the world’s fourth largest supplier of rail rolling stock. It offers a range of products and services…