Maritime Industry Top News
Eneti's Seajacks Secures Major Offshore Wind Turbine Installation Deal
Eneti's offshore installation services subsidiary Seajacks UK has signed a vessel reservation agreement with an undisclosed client to transport and install turbines.With mobilization starting in the first quarter of 2027, the contract will be performed by one of the company’s two NG16000X Wind Turbine Installation Vessels currently under construction at Hanwha Ocean (ex-Daewoo Shipbuilding & Marine Engineering) in South Korea.
Glamox to Illuminate Havfram Wind's Newbuild WTIVs
Lighting solutions specialist Glamox has won a contract from the Chinese shipbuilder Yantai CIMC Raffles Offshore Limited to light Havfram Wind’s two new Wind Turbine Installation Vessels (WTIV). These new vessels will be capable of installing the next generation of giant wind turbines with rotor blades of more than 300 meters in diameter. The interiors and exteriors of each Havfram NG-20000X-HF vessel will be fitted with around 3…
Chevron's Strike-hit Australia LNG Facility Resumes Full Production
Chevron said on Monday full production had resumed at its strike-hit Wheatstone liquefied natural gas (LNG) facility in Western Australia after a fault last week cut production by about one-fifth.Wheatstone and the nearby Gorgon facility account for over 5% of global LNG supply, and the fault and the strikes did not affect scheduled deliveries, Chevron said, with shipping data on LSEG Eikon also showing…
DOF Secures Three Service Contracts with Petrobras Worth Over $260M
Norwegian offshore support vessel firm DOF said Monday it had won three new service contracts with the Brazilian oil firm Petrobras."The contracts were originated…
Norwegian Seismic Specialists TGS and PGS Set to Merge
Seismic group TGS, a supplier of key data to the oil industry, has agreed to buy loss-making rival PGS in an all-share deal valued at 9.3 billion Norwegian crowns ($864 million), the two Oslo-listed companies said on Monday.The groups expect "significant economies of scale" from the combination, with a preliminary estimate of cost cuts amounting to $50 million, they said in a joint statement.The deal…
RIB Operators Warned After Spinal Injury
The UK Marine Accident Investigation Branch (MAIB) has issued a safety bulletin for owners and operators of small commercial passenger vessels urging the review of operations, risk assessments and pre-departure briefings in line with current guidance to ensure passenger safety.Chief Inspector of Marine Accidents, Andrew Moll OBE, said: “Passenger excursions on RIBs should be a pleasurable experience.
California Sues Oil Giants
The state of California has sued major oil companies including Exxon Mobil, Shell PLC, and Chevron, accusing them of playing down the risks posed by fossil fuels, according to a court filing on Friday.The lawsuit, which also targets BP and ConocoPhillips, alleges the energy giants' actions have caused tens of billions of dollars in damages and accuses them of deceiving the public, the filing in a superior court in San Francisco showed.The American Petroleum Institute…
India and Pakistan Ship Recycling Market Bullish
Bullish buyers in both, the Indian and Pakistani markets, continue to push on for another week as they manage to secure some of the recently recorded, high-priced sales from both the dry bulk and container sectors, reports cash buyer GMS.“Some of the recent container sales in particular have caught the eyes of many in the industry, especially as levels gradually edge back up into the high USD 500s/LDT (approaching USD 600/LDT)…
Two Ro-Pax Catamarans Under Construction in Indonesia for Abu Dhabi Ports
The Abu Dhabi Ports Group has commissioned Penguin Shipyard International and Incat Crowther to design and deliver two new 56-metre ro-pax catamaran passenger and vehicle ferries.The new vessels will be built by Penguin International in Indonesia and can transport up to 194 passengers and 25 vehicles.Replacing two older vessels in the Abu Dhabi Ports Group fleet, the new vessels will service Delma Island from Jebel Dhanna on the UAE mainland – a 42-kilometer route.
Second Keel Laid for Royal Navy Type 31 Frigate
Babcock International Group continues its successful delivery of the Royal Navy Type 31 frigates with the keel laying of HMS Active, the second of the five-ship Inspiration class program.The two warships are being built simultaneously, with work continuing only meters away on the first of the Inspiration class, HMS Venturer.In keeping with tradition, Babcock asked their youngest apprentice, first-year Electrical Fitter…
DNV Awards AiP to HD KSOE’s Hydrogen System for LH2 Carrier
DNV has awarded an Approval in Principle (AiP) to HD Korea Shipbuilding & Offshore Engineering (HD KSOE) and its subsidiaries HD Hyundai Heavy Industry (HD HHI) and Hyundai Mipo Dockyard (HMD) for their new hydrogen system.HD KSOE aims to complete the development of the hydrogen carrier technology that enables large-capacity hydrogen transportation and storage by around 2030.HD KSOE's new system utilizes boil-off gas from hydrogen transport for a hybrid propulsion system…
Naval Architect Mitchell Levi Joins The Shearer Group
The Shearer Group, Inc. (TSGI) announced Mitchell Levi has joined its naval architecture, marine engineering, and marine surveying firm as a naval architect. He holds a Master of Science and a Bachelor of Science in Engineering in Naval Architecture and Marine Engineering from the University of Michigan. For his undergraduate research, Levi examined the highly coupled relationships between propulsion loads and cooling systems.While studying at the University of Michigan…
BAE Systems Taps A&P and Cammell Laird to Help Build Frigates
A&P and Cammell Laird have been awarded contracts by BAE Systems to build units for the U.K. Royal Navy’s Type 26 Frigates.The advanced anti-submarine warfare vessels are being constructed at BAE Systems’ site in Govan, Scotland, but will incorporate units built by both A&P and Cammell Laird.A&P Tyne has built four lower units for Ship No3, HMS Belfast Ship 3, all of which were delivered earlier this year.
EU Does Not Extend Ban on Ukraine Grains Imports to Neighboring EU Countries
The European Commission said on Friday that it would not extend a ban on imports of Ukrainian grains into Ukraine's five EU neighbors due to expire on Friday."It has concluded that thanks to the work of the Coordination Platform and to the temporary measures introduced on 2 May 2023, the market distortions in the 5 Member States bordering Ukraine have disappeared," the European Commission said in a statement.Restrictions imposed by the European Union in May allowed Poland…
Iceland Suspends Whaling Ship over Animal Welfare Violation
Iceland has suspended the operations of one of its two whaling vessels for taking too long to kill a fin whale, the authorities and the boat's owner said on Friday.The…
Port of Los Angeles Says Cargo Lost During West Coast Talks is Returning
Cargo volume at the Port of Los Angeles jumped from July to August after business lost during the now-finished West Coast labor talks began returning, the top executive at the nation's busiest ocean trade gateway said on Thursday.That data comes as seaports on the U.S. West Coast are battling to regain market share lost to rivals on the East Coast and the Gulf of Mexico during the 13-month union negotiations…
Baltic Dry Index Logs Best Week in Over Six Months
The Baltic Exchange's main dry bulk sea freight index rose on Friday, clocking its biggest weekly percentage gain since March as demand across all vessel segments remained strong.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, rose for the eighth straight session by 41 points, or 3.1%, to 1,381.The main index posted a 16.4% gain for the week.The capesize index, added 90 points, or about 6%, to 1,602, hitting its highest level in a month.
Shaft Power Monitoring Solution Earns BV Type Approval
Ascenz Marorka, a GTT Group company, announced that it has been granted a Type Approval certification for its ShaPoLi solution by the classification society Bureau Veritas.Designed to help shipowners and operators comply with the International Maritime Organization (IMO) regulations aimed at curbing greenhouse gas emissions and reducing ship carbon intensity by 40% by 2030, the solution monitors propeller…
Biden’s Offshore Wind Target Slipping Out of Reach as Projects Struggle
President Joe Biden’s goal to deploy 30,000 megawatts of offshore wind along U.S. coastlines this decade to fight climate change may be unattainable due to soaring costs and supply chain delays, according to forecasters and industry insiders.The 2030 target, unveiled shortly after Biden took office, is central to Biden's broader plan to decarbonize the U.S. economy by 2050. It is also crucial to targets…
Boskalis Water Box Design nabs IADC Safety Award
During the IADC Annual General Meeting in Barcelona, IADC President Frank Verhoeven revealed the winner of the Safety Award 2023: Boskalis for its improved safety design of the water box.Boskalis introduced new water boxes for sand fill areas, a design which is touted as greatly improving safety for its employees. The water boxes have been designed, calculated and constructed in such a way that the…