Maritime Industry Top News
Woodruff Named American Maritime Partnership President
The American Maritime Partnership (AMP) today announced the election of Matt Woodruff of Kirby Corporation as its new President. He succeeds Thomas A. Allegretti, President & CEO of The American Waterways Operators. “Leading the American Maritime Partnership – which speaks for the half a million American men and women whose employment depends on the domestic maritime industry – is a great honor. Our vibrant domestic maritime industry is an essential foundation for America’s economic…
Trump Offshore Oil Proposal Could Unlock 65 Bln BOE
The Trump administration's proposal to open up almost all of U.S. offshore waters to oil and gas drilling could unlock up to 65 billion barrels of oil equivalent (boe), attracting billions of dollars in investment, consultancy Rystad Energy said. Last week, U.S. Interior Secretary Ryan Zinke said a draft program would make over 90 percent of the outer continental shelf's total acreage available for leasing to drillers, a national record.
After Florida, more States Press US for Offshore Drilling Exemptions
Governors and other officials from several U.S. coastal states ramped up pressure on the Trump administration on Wednesday to exempt their waters from an offshore drilling plan, hours after the Interior Department granted Florida's request to opt out. The backlash could complicate President Donald Trump's efforts to expand oil and gas production offshore. A proposed leasing plan unveiled last week aims to open up all U.S. coasts to drillers over the next five years.
GE Marine Gas Turbine for New US Navy Destroyer
GE’s Marine Solutions said it has shipped a LM2500 marine gas turbine propulsion module that will help power the U.S. Navy’s 75th DDG Arleigh Burke-class destroyer Jack H. Lucas (DDG 125), the company reported at the Surface Navy Association’s 30th Annual Symposium. Shipbuilder Huntington Ingalls Industries’ Ingalls Shipbuilding division will construct this new destroyer with U.S. Navy Flight III upgrades incorporated.
Maritime Piracy Activity is at a 22-year Low -Report
Global maritime piracy activity fell to its lowest level in over two decades, according to the latest International Maritime Bureau (IMB) report. The 180 incidents of piracy and armed robbery against ships reported to the International Chamber of Commerce’s (ICC) IMB in 2017 was the lowest annual number since 1995, when 188 incidents were reported. According to the IMB, pirates boarded 136 vessels in 2017, while 22 attacks were attempted, 16 vessels fired upon and six vessels hijacked.
Fairbanks Morse to Power US Navy's LPD 29
Fairbanks Morse said it has been awarded a contract to build and deliver the main propulsion diesel engines (MPDE) that will power LPD 29, the U.S. Navy’s thirteenth San Antonio landing platform dock (LPD) class ship. Construction of the engines will begin in 2019 for scheduled delivery to Huntington Ingalls Shipbuilding in Pascagoula, Miss. in 2020. Fairbanks Morse will also support installation, testing and sea trials for the vessel.
Rhine in Germany Reopens as Water Levels Recede
The river Rhine in Germany was reopened to shipping on Wednesday after a fall in water levels, the German inland navigation authority said. The river was closed…
Coast Guard Rescues Family from a Mudslide
The U.S. Coast Guard said it conducted multiple rescues during a mudslide response in Santa Barbara County, Tuesday. At approximately 9 a.m., Tuesday, a Coast Guard Sector San Diego MH-60 Jayhawk helicopter crew launched to assist Santa Barbara County Fire Department with rescues after heavy rains caused mudslides in the Santa Barbara County area. At approximately 11:30 a.m., the Jayhawk crew was notified of a family needing assistance in Carpentaria, Calif.
Port Hedland May Clear Ships as Storm Builds off Australia
Giant iron ore port may close as Australian storm builds. Vessels may be cleared from Australia's Port Hedland, the world's biggest iron ore export terminal, as…
Record West African Oil Liftings, Most Sailing East
Total WAF loadings for Asia hit record. Shipments of West African oil to China are set to surge to a record in January, boosting overall fixtures heading east to their highest in at least 14 years…
Sanchi Collision: A ‘New Bermuda Triangle’?
Seas where Sanchi collision incident has taken place are leading region for maritime accidents. East/South East Asian waters have been identified as the top worldwide hotspot for shipping losses…
Explosion on Iranian Tanker Repels Rescue Team
Fire rages for 4th day; tanker collided with freight ship on Saturday. Rescue crews were forced to retreat from a stricken Iranian oil tanker in the East China Sea…
Wan Hai Lines Unveils China-India Service
Taiwan's global shipping company Wan Hai Lines has announced the launch of China – India Service III “CI3 service” on 23 January 2018. This new service will help…
Four Japanese Companies Join Modec in Sepia FPSO Deal
Four Japanese companies will invest in a new company established by compatriot Modec with an aim to provide a floating, production, storage and offloading (FPSO)…
Socgen Joins SEA\LNG
French multinational banking and financial services company Societe Generale (Socgen) has joined SEA\LNG, the industry coalition promoting the use of liquefied natural gas (LNG) as a marine fuel.
Shipowners' Club on Mayflower Autonomous Ship
The Shipowners' Club has revelead details about Mayflower Autonomous Ship project (MAS), which is an innovative new venture to design, build and sail the world’s…
Jo Johnson Becomes UK Shipping Minister
UK Prime Minister Theresa May reshuffled the cabinet replacing John Hayes as the shipping minister with Jo Johnson. Later the government sources confirmed that Jo…
DP World Santos Appoints Dallas Hampton as New CEO
The Brazilian terminal DP World Santos will now be run by the new CEO Dallas Hampton, , an Australian executive with degrees in Business Administration, Logistics…
ABS Approves Hyundai Heavy's FPSO Hull Design
South Korean shipbuilder Hyundai Heavy Industries (HHI) has received an Approval in Principle (AIP) for its floating production storage and offloading (FPSO) hull…
Seadrill Bondholders Post Cash Deposit for Rival Restructuring
Owners of unsecured bonds in rig firm Seadrill have posted a cash deposit to back an alternative financial restructuring, paving the way for talks with the drilling operator over its future, the two sides said on Monday. Seadrill, once the largest drilling rig operator by market value, filed for bankruptcy protection in a U.S. court on Sept. 12 after being hit hard by cutbacks in oil company investment following a steep drop in crude prices.
