Maritime Industry Top News
AST Partners with the Liberian Registry for Iridium GMDSS
Maritime satellite communications solutions provider Applied Satellite Technology (AST) is partnering with The Liberian Registry as the first authorized service provider of the Iridium Global Maritime Distress and Safety System (GMDSS) for Liberian flagged vessels.As a Safety Of Life At Sea (SOLAS) convention recognized system, the Iridium GMDSS maritime emergency and distress service helps keep mariners safe in emergency situations at sea…
Ever Given Held in Egypt as Compensation Talks Continue
A ship that blocked the Suez Canal for almost a week in March has not been given clearance to leave the waterway as discussions continue over a compensation claim…
Schottel Hybrid Drive for 'World’s First' LNG Hybrid Tug
Singapore-based Sembcorp Marine chose Schottel’s azimuthal hybrid drive system SYDRIVE-E to power the world’s first liquefied natural gas (LNG) hybrid tug. With this first in a series of 12 vessels, Sembcorp Marine will build the world’s first hybrid LNG-fueled tug fleet that will replace its existing diesel-powered tugs. The vessel is designed by LMG Marin, a wholly owned Sembcorp Marine subsidiary…
Contract Extensions for Golden Energy Offshore's Vessel Duo
Norwegian offshore vessel operator Golden Energy Offshore Management has informed that two vessels it manages have recently secured contract extensions.The Inspection, Maintenance, and Repair Vessel (IMR) vessel Larissa was awarded several months of firm W2W work for Dutch company Wintershall Noordzee AS. The vessel has already arrived at Den Helder, with mobilization ongoing, and the work will begin on Tuesday, April 13, 2021.
BIMCO: U.S. Economic Stimulus Have Worked Magic for Container Shipping
North American import of containerized goods from the Far East soared to a noteworthy high of 1.62m TEU during February 2021, a 100% increase from the low point of the same month last year. Fueled by US stimulus, volumes moving on the trans-pacific trade lane to consumers and businesses in North America thereby defied all obstacles during a month usually characterized by slow activity.In particular…
Total, Siemens Energy Partner Up to Cut LNG Related Emissions
French energy major Total and Siemens Energy have signed a technical collaboration agreement to study sustainable solutions for CO2 emissions reduction. The collaboration will focus on natural gas liquefaction facilities and associated power generation. "Each partner will bring together their best-in-class technologies and combine their know-how to deliver industrial-stage solutions such as combustion of clean hydrogen in gas turbines…
ADNOC L&S Adds Two More VLCCs to Its Fleet
Abu Dhabi-based ADNOC Logistics & Services, the shipping and maritime logistics branch of Abu Dhabi National Oil Company (ADNOC), has ordered two additional Very Large Crude Carriers (VLCC), bringing the total number of VLCCs added to its fleet in 2021 to eight.ADNOC L&S said Tuesday that the VLCC fleet expansion played a significant role in supporting ICE Murban Futures, which is expected to boost trading of the UAE’s flagship Murban crude oil…
Gallery: BP's Giant Argos Platform Arrives in Texas
BP's behemoth Argos offshore oil platform, the centerpiece of the company's $9 billion Mad Dog 2 project in the U.S. Gulf of Mexico, has arrived in the U.S. after a 16,000-mile journey from South Korea.The platform, loaded onboard Boskalis' BOKA Vanguard heavy transport vessel, had left South Korea on February 3, and it has this week arrived in the Kiewit Offshore Services fabrication yard in Ingleside…
Japan to Release Contaminated Water from Fukushima Nuclear Plant into Sea
Japan will release more than 1 million tonnes of contaminated water from the destroyed Fukushima nuclear station into the sea, the government said on Tuesday, a move opposed by neighbors including China, which called it "extremely irresponsible."The first release of water will take place in about two years, giving plant operator Tokyo Electric Power time to begin filtering the water to remove harmful isotopes…
Sovcomflot Ready to Buy Back up to $400 Mln of Eurobond-2023
Russia's biggest shipping company Sovcomflot says, according to Interfax news agency:The company is ready to buy back up to $400 million of Eurobond-2023, to finance it via new issue;The offer price is $1,072.25 per paper of a nominal price of $1,000;Sovcomflot plans to issue 7-year Eurobond, will hold calls with investors starting from April 14, Interfax cites a source.(Reporting by Moscow Newsroom)
Montreal Dockworkers Stage Partial Strike
Canada's manufacturers on Monday asked the federal government to curb a brewing labor dispute after dockworkers at the country's second largest port said they will work less this week.Unionized dockworkers, who are in talks for a new contract since 2018, will hold a partial strike starting Tuesday, by refusing all overtime outside of their normal day shifts, along with weekend work, they said in a statement on Monday.The Canadian Union of Public Employees (CUPE) Quebec's 1…
A Favorable Fetch for US Offshore Wind
Offshore wind caught a favorable gust with the 2020 election of Joe Biden, and the following breeze from the early 2021 reconfiguration of the U.S. Senate toward Democrats. Though widely touted as a growth engine for maritime businesses (as well as shoreside trades), the latter years of the Trump administration seemed to see delay after delay.The class society DNV has been involved in offshore wind since its outset in the early 1990s…
NOAA Adjusts Hurricane Season Outlook Averages
NOAA is updating its baseline numbers used for gauging hurricane season activity using more recent storm data.Once every decade, the agency revises its set of statistics used to determine when hurricane seasons are above-, near- or below-average relative to the climate record. Beginning with this year’s hurricane season outlooks, NOAA’s Climate Prediction Center (CPC) will use 1991-2020 as the new 30-year period of record.
Ship Strikes Kill Gray Whales in San Francisco Bay Area
Four dead gray whales washed ashore on San Francisco Bay area beaches in nine days, with experts announcing that two of the giant aquatic mammals died from ship strikes and an investigation is ongoing Saturday on the other two.Biologists with the non-profit Marine Mammal Center in California said in a release Saturday that two dead whales washed ashore in the Bay area on Thursday, joining two more that were discovered dead in area beaches since March 31.Of the four animals…
Boater Missing After Striking a Dredge on the Savannah River
A multi-agency search was called off on Monday after responders failed to locate a man that went missing in the Savannah River after his vessel collided with a dredge on Saturday.A good Samaritan contacted U.S. Coast Guard watchstanders on VHF Ch. 16 stating three people were in the water in the vicinity of Hutchinson Island after a recreational vessel allided with dredging equipment on Saturday at…
Bordelon Marine Announces Leadership Promotions
Lockport, La. based offshore support and subsea services provider Bordelon Marine said it has promoted Mike Belanger to chief operating officer and Chris Martin…
Golar LNG CEO Ross Resigns
Golar LNG said on Monday its chief executive officer Iain Ross has tendered his resignation, and the company will immediately start the process to recruit his successor.The…
Meyer Werft Opens Automated Shipyard Logistics Center
German shipbuilder Meyer Werft said it has commenced operations in its new automated shipyard logistics center, enabling the flow of goods to be managed completely automatically and bundled into one place.The investment in the new center with its fully automated high-bay warehouse for 25,000 storage units amounted to more than €35 million ($41.7 million) and took around two years to complete.The 30-meter high high-bay warehouse stores 25…
SAAM Towage Commences Operations in Peru
SAAM Towage has launched operations in Peru as the Valparaíso, Chile-based tugboat operator continues its growth plans in the Americas. “We are taking the first steps at the Port of Callao, which lets us provide better coverage on the southern Pacific coast,” said SAAM Towage managing director, Hernán Gómez. “We are interested in this market and foresee leveraging our broad network in the region. Our…
Castor Maritime Buys Secondhand Bulk Carrier
Cyprus-based shipping company Castor Maritime has purchased its ninth vessel of 2021.The Nasdaq-listed company said it paid $18.48 million through a separate wholly…
