Maritime Industry Top News
Baltic Index Extends Rally on Surging Chinese Coal Shipments
The Baltic Exchange's main sea freight index climbed about 10% to its highest level in three months on Monday as soaring coal demand from China continued to power capesize rates higher.The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels, jumped 155 points, or about 9.7%, to 1,761, its highest since mid-October last year.The capesize index gained 407 points, or about 16%, to 2,955, its highest since Oct.
All American Marine to Build Research Vessel for BLUETIDE
Bellingham, Wash. boatbuilder All American Marine announced it recently secured a contract to construct a research vessel for BLUETIDE Puerto Rico. The 73- by 26.7-foot aluminum catamaran will be constructed to USCG Subchapter T standards for use on both near coastal and ocean routes.The twin-engine vessel will be BLUETIDEâS first for its marine research, education, innovation and conservation work based out of Puerto Rico.
First Building Complete at HII's New Unmanned Systems Campus
Huntington Ingalls Industries (HII) said Monday it has completed the first phase of its Unmanned Systems Center of Excellence with the construction of a 22,000-square-foot facility.The first of two planned buildings on the 20-acre campus in Hampton, Va. will be used to assemble hull structures for Boeingâs Orca Extra Large Unmanned Undersea Vehicle (XLUUV) program for the U.S. Navy.âWe are thrilled to reach this critical milestone with the development of our Center of Excellence campusâŠ
SSY Publishes Shipping Outlook for 2021
After a highly volatile 2020, shipbroker Simpson Spence Young (SSY) looks at the next 12 months and highlights areas of particular interest in their 2021 Outlook Report. The report looks at various drivers of the shipping markets, including how the developing emissions regulations may affect commercial fleets and shipping investments.Contributions come from a range of senior research and broking experts and cover dry bulkâŠ
Gambia Seizes Huge Cocaine Haul from Shipping Container
Gambian authorities seized nearly three tonnes of cocaine from a shipment of industrial salt originating in Ecuador, a spokesman said on Friday, in one of the largest ever busts in West Africa.The 118 bags of cocaine were discovered on Thursday during a search of a container shipped from the port of Guayaquil in Ecuador and through Algeciras in Spain, said Ousman Saidybah, a spokesman for Gambiaâs drug enforcement agency.It was not clear where the cocaine was ultimately headed.
Carnival Reports $1.9 Billon Quarterly Loss
Carnival Corp reported a bigger-than-expected preliminary fourth-quarter net loss on Monday as the cruise operatorâs business was brought to a virtual standstill by the COVID-19 pandemic.The worldâs largest cruise companyâs shares fell 2% to $20.04 in morning trading, after plummeting nearly 60% over the last year as the health crisis hammered holiday tourism demand across the globe.Carnival, which extended its pause on U.S.
Maran Tankers Takes Suezmax Delivery from South Korea's Daehan
The newly built Suezmax tanker Maran Solon was delivered to Maran Tankers Management on January 4, the Greek operator said on social media.The Greek-flagged, 157,000 dwt Suezmax is classed by ABS and was built by Daehan Shipbuilding Co. in South Korea.The handover follows the 2020 deliveries of DNV GL-classed Maran Phoebe and Maran Orpheus, as well as ABS-classed Maran Aspasia, all Greek-flagged and built by Daehan.Maran Tankers also has a pair of 318âŠ
Seaspan Cavalier Repower: Long Life, Big Hours
âWe got 59,115 hours on those engines, without ever removing a head,â says Seaspan Internationalâs Port Engineer Kevin Tweedy, âAnd they were still running. So, at 5,000 to 5,500 hours per year, we could easily have done 60,000 hours.âBut the company schedule worked to do a like-for-like repower. The pair of 850-horsepower Tier 1 Cummins KTA38 diesels were pulled out, and a brand-new set of 850-horsepower Tier 2 KTA38s went in.The Seaspan Cavalier was built in 1974âŠ
Passenger Vessels Steering a Course Through Testing Waters
The head of global trade association Interferry reflects on the unprecedented challenges of 2020 and those aheadâbut makes a case for cautious optimism.What a difference a year makesâŠIn this column last January, I was hailing the worldwide ferry industryâs exceptional growth in 2019âmarked by soaring tourist traffic and a host of newbuild ordersâand eagerly anticipating further advances in 2020. None of us could have known that within a matter of weeksâŠ
Damen Repairs P&O Ferriesâ Pride of Canterbury
Late last year, a team of Damen group subsidiaries completed a challenging project to replace one of the twin rudder stocks on P&O Ferriesâ Pride of Canterbury. The 180-meter, 30,635 GT RoPax vessel operates on the Dover-Calais crossing, the busiest shipping lane in the world.The nearly 30-year old vessel is equipped with twin Van der Velden BARKE rudder systems engineered and made by Damen Marine Components (DMC).
Iran Tells South Korea Not to Politicize Seized Vessel
Iran said on Sunday that South Korea should avoid politicizing the seizure of its vessel by Iranian Revolutionary Guards in the Gulf, Iranian state media reportedâŠ
Shell's Prelude FLNG Restarts LNG Shipments
Shell's Prelude LNG, the world's largest floating liquefied natural gas (FLNG) project, offshore Australia, has resumed LNG cargo shipments, almost one year after a shutdown caused by an electrical trip.In a brief statement sent to Offshore Engineer, a Shell spokesperson said Monday that the Prelude project had restarted LNG cargo shipping.The Shell spokesperson said: âLNG cargoes have resumed from Shellâs Prelude FLNG facility.
Tech Files: Breathing New Life into Old Port Cranes
Retrofits of new features into existing ports cranes can produce operational efficiency and safety gains not included on cranes delivered 15-20 years ago, including Ship-to-Shore (STS) Rubber Tyred Gantry (RTG) and Rail Mounted Gantry (RMG) types. Here, Dmitry Lapin, Knowledge and Development Manager, Port Services, Konecranes, looks at retrofit options proven in applications internationally.Sooner or laterâŠ
Training Tips for Ships - Tip #20: Training in the Age of Data
As we greet 2021, it seems fitting to address a âbigâ topic - a topic that is ultimately going to change everything, including (and perhaps especially) training. The topic is âbig dataâ. The goal of todayâs Training Tip for Ships is to get us thinking about big data in training. If we understand it, we can lay the groundwork to take advantage of it.We are in the data age â and this is especially important for training.
Wellboat Reisa First to use the NES Raven Bridge System
Havyard delivered the wellboat âReisaâ to Norsk Fisketransport this week, significant in that Reisa is the first vessel in the world to use the bridge system Raven INS developed by Norwegian Electric Systems.What is the Raven INS?When the Raven Integrated Navigation System (INS) was type-approved by DNV GL, it was granted a world-first type approval for a bridge solution where an integrated computer system was developed for the bridge instead of combining different pieces of software.
Elbit tapped for $166m UK MOD Contract for the Future Naval Training Program
Elbit Systems Ltd. subsidiary, Elbit Systems UK Ltd. won a $166m contract from the UK Ministry of Defence for the Royal Navy Future Naval Training Programas part of the Fisher consortium led by Capita plc. The contract will be performed over a 12-year period.The program calls for the transformation and modernization of the shore-based training of the Royal Navy including the establishment of the Future Submarine School.
Hamworthy Names New CEO
Singapore-based marine and offshore pump manufacturer Hamworthy Pumps has appointed Hans Christiaan Laheij, 48, as its new CEO.The new CEO will join the company on January 15, 2021. He has recently worked with German propulsion specialist Schottel in the position of Deputy CEO & President Marine. For a number of years, he has held several managerial positions at Wärtsilä and he has previously beenâŠ
Corvus' Energy Storage Systems for Harvey Gulf's Offshore Vessels
Corvus Energy, an energy storage solutions provider for the offshore energy industry, has won a contract with Wärtsilä to deliver its Energy Storage Systems (ESS) for the offshore support vessel fleet operated by U.S.-based Harvey Gulf.According to Corvus, the orders follow the successful sea trial of Harvey Energy, the first-ever LNG-battery hybrid retrofit of a platform supply vessel (PSV) in the Americas.
Ireland: Large Fire at Port of Cork Under Control
Firefighters have brought a large fire at the southern Irish port of Cork under control and no casualties were reported, the port authority, which recently started offering more "Brexit-proof" direct sailings to mainland Europe, said on Saturday.The blaze began in a grain store at a deepwater berth used for freight services, the port authority said shortly after 0930 GMT, urging local residents toâŠ
Munn Named VP and CFO of Ingalls Shipbuilding
America's largest military shipbuilder Huntington Ingalls Industries announced Friday that Keith Munn has been promoted to vice president, business management, and chief financial officer for its Ingalls Shipbuilding division in Pascagoula, Miss.Effective February 15, Munn will be responsible for all financial management, contract management and business management functions at Ingalls, reporting to Ingalls Shipbuilding President Brian Cuccias.