Maritime Industry Top News
Safe Bulkers Acquires Kamsarmax Newbuild
Dry bulk shipping company Safe Bulkers announced it has reached a deal to acquire a 81,800 dwt, dry-bulk, Kamsarmax class vessel at an attractive price with a scheduled to be delivered from a Japanese shipyard in the second quarter of 2025.This vessel, a sister to a number of newbuilds in Safe Bulkers' orderbook, features advanced energy efficiency characteristics and lower fuel consumption, the company said.
Spain Detains Oil Tanker Over Mediterranean Fuel Spill
Spain has detained and fined a Maltese-flagged oil tanker it says discharged oil in open waters near the northeastern port city of Tarragona, a transport ministry department said.Spain's Mediterranean and Atlantic coastlines have become hubs for shipping activity including the transfer of oil known as ship-to-ship (STS) operations, which industry sources say are becoming an increasing safety concern.Spanish…
BAE Systems Delivers Fifth Astute Submarine to UK Royal Navy
HMS Anson, the fifth Astute class submarine, which BAE Systems has designed and built for the Royal Navy, has departed the company's shipyard in Barrow-in-Furness, Cumbria, and headed out to open sea for the first time.After being guided through the shipyard's dock system and rounding the tip of Walney Island, HMS Anson began her maiden journey to His Majesty's Naval Base Clyde, home of the UK's Submarine Service.
Russia Summons Bangladesh Envoy Over Sanctioned Ships Dispute
Russia summoned the ambassador of Bangladesh on Tuesday to protest over Dhaka's decision to block the entry of Russian ships into Bangladeshi ports.Bangladesh earlier this month banned dozens of Russian ships that have fallen under Western sanctions from entering its territorial waters, citing the need to comply with the restrictions.Russia's foreign ministry said in a statement it had told Bangladesh's…
China Boosts Australian Coal Imports
Chinese utilities and traders have stepped up purchases of Australian coal in February, encouraged by signs of further policy relaxation after trade partially resumed last month following a two-year hiatus.In early January, Beijing gave permission to four government-backed firms, comprising steel giant Baowu Group and three state utilities, to ship in Australian coal, the first sign of an easing of the unofficial import ban in place since late 2020.
P&O Maritime to Convert Multi-carrying Vessel to Cable Layer
Dubai-based P&O Maritime Logistics announced plans to convert one of its multi-carrying vessels (MCV) into a cable laying vessel (CLV).Set to start operations in the third quarter of 2024, the newly converted vessel will be equipped with a battery system, as well as a low fuel consumption propulsion layout for green methanol fuel.P&O Maritime Logistics, a DP World company, anticipates that one of the…
DOF Subsea's Flagship Vessel Wins More Work
Norwegian subsea services company DOF Subsea has secured more work for its Skandi Africa vessel.The client, which DOF Subsea did not name, has exercised an extension…
Decarbonization Center Finishes Two Trials for Biofuel Bunkering
The Global Center for Maritime Decarbonization (GCMD) has completed trials on two supply chains of biofuel blends for vessel bunkering, the center said on Tuesday.The…
Vard Electro's SeaQ Comms System Selected for CSOV Duo
Norwegian marine electrical systems Vard Electro will supply its SeaQ Communication system onboard two construction service operation vessels (CSOVs) being built by Ulstein for end client Olympic. Vard Electro signed the contract with Ulstein.According to Vard Electro, the SeaQ Communication will provide the vessels with "a robust infrastructure and enhance the crew’s efficiency and safety while at…
Groke Pro Machine Vision Gets ClassNK Tech Nod
ClassNK granted its Innovation Endorsement for Products & Solutions to an object recognition system on machine vision and sensor fusion called Groke Pro developed by Groke Technologies Oy.In order to promote the spread and development of innovative technologies, ClassNK has offered Innovation Endorsement as a swift certification service in cooperation with technological front runners to establish appropriate evaluation criteria.
Russia Targets Dutch North Sea Infrastructure, MIVD Says
Russia has in recent months tried to gain intelligence to sabotage critical infrastructure in the Dutch part of the North Sea, Dutch military intelligence agency MIVD said on Monday.A Russian ship has been detected at an offshore wind farm in the North Sea as it tried to map out energy infrastructure, MIVD head General Jan Swillens said at a news conference.The vessel was escorted out of the North Sea by Dutch marine and coast guard ships before any sabotage effort could become successful…
Strategic Marine, HST Marine Pen MoU for Construction of Three CTVs
Aluminium vessel builder Strategic Marine has signed a memorandum of understanding with Purus Wind’s UK-based crew transfer vessel owner HST Marine, to build three Brevity-class crew transfer vessels. The agreement binds the two parties to negotiations on a vessel building contract for the Chartwell Marine-designed 27-meter catamarans. The Brevity-class designs, launched in June 2022, are designed to serve the offshore wind support vessel market.The Brevity class CTVs…
Maersk Nears Complete Russia Exit After Selling Logistics Sites
Shipping and logistics group A.P. Moller-Maersk has agreed to sell its two logistics sites in Russia to IG Finance Development Limited, it said on Monday, nearly marking the end of its business activities in the country.The group said the sale of its inland depot facility in Novorossiisk, with a capacity of 1,500 containers (TEU), and a chilled and frozen warehouse in St. Petersburg had obtained regulatory…
Philippines, US Discuss Joint Coast Guard Patrols in South China Sea
The Philippines and the United States are discussing conducting joint coast guard patrols, including in the South China Sea, a Manila official said on Monday.With overlapping sovereign claims in the strategic waterway, the Philippines has ramped up rhetoric against what it describes as China's "aggressive activities" in the South China Sea, which has also become a flashpoint for Chinese and U.S. tensions around naval operation.Jay Tarriela…
Ship Scrapping Business Picks Up with Dry Bulk Swoon
This week, several more sales have registered as sub-continent ship recycling markets come roaring back – and a previously subdued Bangladesh starts to seemingly find some form once again, with some workable L/Cs from privately financed (rather than state controlled) banks.Despite the ongoing discussions about an IMF loan in the amount of about USD 2 - 3 billion, end buyers have been working to find…
Swire Bulk Reroutes off Sri Lanka to Avoid Whale Strikes
Swire Bulk announced it is voluntarily rerouting its vessels off southern Sri Lanka to avoid whale strikes in one of the world's busiest shipping lanes.The move comes after researchers identified ship strikes as the leading cause of death for whales in the area, a feeding ground for many cetaceans.Swire Bulk, part of the Swire Group, said its vessels will now pass at least 15 nautical miles south of Dondra Head traffic separation scheme and avoid sailing through marked out as “no go areas”.
FureBear Acquires Tanker with Larsson Shipping
FureBear, a joint venture between Swedish shipping company Furetank and Canadian shipping company Algoma, together with U.K.-based Larsson Shipping, has taken over the ownership of Algoma’s product tanker Algonorth.The 2008-built, 6,958 dwt double hull product oil tanker has arrived from Canada to trade in Northern Europe under the new name Fure Skagen.Owned by FureBear and Larsson Shipping and flying the Faroe Island flag…
US LNG Producers Poised to Leapfrog Rivals with Three New Projects
At least three proposed U.S. liquefied natural gas (LNG) export plants have likely found enough customers to receive financial approvals this year, according to Reuters calculations, developments that would make the country the world's largest LNG exporter for years to come.After a dearth of plant approvals last decade, developers have secured dozens of long-term contracts to finance new multibillion-dollar LNG plants.
Anschütz SYNTACS Aims to Enhance Coastal Protection
Anschütz’ SYNTACS command and control system provides operators aboard and ashore with comprehensive situational awareness and full command of the scene from a single workstation.SYNTACS is sensor-agnostic and features advanced tactical target management that analyzes and correlates data from multiple onboard navigational and surveillance systems. It compiles an operational picture from the data and presents the operator with a clearly structured dashboard for tactical navigation…
CoolCo to Sell Golar Seal LNG Carrier for $184.M
Cool Company Ltd. (CoolCo) has agreed to sell the Golar Seal vessel for $184.3 million. The transaction is expected to close on the redelivery of the vessel from…
