Fincantieri Building Up Ahead of Constellation Frigate Builds
U.S. shipbuilder Fincantieri Marinette Marine is gearing up to build the U.S. Navy's new guided missile frigates, welcoming key leaders to Marinette, Wis. Tuesday to break ground on the largest building in the shipyard's history.The multimillion dollar building is part of the company’s most recent $200 million shipyard capital expansion underway to support construction of the U.S. Navy's newest class…
How Will Biden's Iran Strategy Impact Shipping?
How will Biden read Iranian hostilities? Forceful diplomacy or reckless militancy?Anticipating the Biden Administration’s Iran strategy is crucial for understanding future risks for maritime operators in the Strait of Hormuz, the Gulf of Oman and wider Indian Ocean.Though the new U.S. Administration and the Iranian regime have stated their willingness to rejoin the Joint Comprehensive Plan of Action (JCPOA), otherwise known as the Iran Nuclear Deal, they are unlikely to do so.
Cyprus Shipping Deputy Ministry Proposes Seafarer Vaccination Program
A global approach to delivering COVID-19 vaccinations to seafarers proposed by Cyprus' Shipping Deputy Ministry (SDM) aims to help alleviate the global crew change crisis.Over the past year, the need to class seafarers as key workers has received widespread support, with Cyprus now taking this one step further in suggesting the foundation of a feasible solution to inoculations.In letters to the EU Transport and Health Commissioners and IMO Secretary-General…
RightShip Unveils New Safety Score
Maritime risk management and environmental assessment organization RightShip announced its new Safety Score and Platform has gone live, aiming to provide a clear and transparent pathway to improved safety standards for shipping.RightShip said it spent two years building and refining the Safety Score, a metric that enables the maritime industry to improve the safety of vessel operations. The Safety Score ensures there are minimum standards that all vessels must meet…
Hapag-Lloyd Secures 'Green Financing' for LNG-powered Newbuilds
German shipping company Hapag-Lloyd has joined the shift to green financing, securing funds for six liquefied natural gas (LNG) powered, 23,500 TEU containerships it ordered in December 2020.The firm said it concluded two transactions according to the Green Loan Principles of the Loan Market Association (LMA), as verified by independent secondary party DNV GL, as the shipping industry increasingly…
OXE Marine Announces Leadership Change
OXE Marine's board of directors has appointed board member Magnus Grönborg as CEO as part of a management team reorganization that includes current CEO Myron Mahendra shifting to EVP Business Development, Sales and Marketing. In addition, the chairman of the board Anders Berg will assume an operational role with the management team. Grönborg will replace Mahendra as CEO in the coming months, with the…
Philly Shipyard Wins USNS Charlton Repair Contract
Philly Shipyard said it has been awarded a contract for the repair of the Watson-class vehicle cargo ship USNS Charlton (T-AKR-314). The repairs will be completed in the third quarter of 2021.The USNS Charlton is one of Military Sealift Command’s (MSC) large, medium-speed, roll-on/roll-off ships. With a displacement of 69,000 tons and a length of 950 feet, the vessel carries prepositioned U.S. Army tanks…
Historic Steam Ship Sailing Cleaner with New Bilge Filter
Environmental awareness is key priority for historic 83-year old steam yacht S/S UkkopekkaThe last surviving ship to have seen active service in Finland’s Winter Wars and Continuation Wars from 1939-1944 has stepped up its fight against marine pollution with the installation of new environmental protection products.Built in 1938, S/S Ukkopekka is a 35-meter privately owned passenger steamship operating cruise trips in the Finnish Archipelago Sea.
Jumbo Delivers Yunlin Offshore Wind Farm Goods
Dutch heavy lift and transportation firm Jumbo has recently completed the transportation part of what is the company's largest-ever job - the Transportation and Installation contract for the Yunlin offshore wind farm in Taiwan.Jumbo said Tuesday it had mobilized its heavy lift vessels, together with subcontracted deck carriers and heavy lifters from third parties, to transport the 40 monopiles, 120 monopile sections…
Crowley, Watco Team Up to Support Growing U.S. Offshore Wind Industry
Two U.S.-based maritime & offshore services and logistics companies Crowley and Watco, are teaming up in the space of the emerging offshore wind industry in the country.In a statement on Tuesday, the two firms said they'd create a single-source terminal and supply chain management solution to support the emerging offshore wind industry."With the growing number of wind projects planned for U.S. waters…
Höegh LNG Nets LNG Carrier Charters with Trafigura, Cheniere
Oslo-listed LNG tanker operator Höegh LNG has reached an agreement with Trafigura for an extension of a charter for LNG carrier Hoegh Gannet. It also signed a new interim time charter for Höegh Gallant vessel with the same company.The existing interim LNGC time charter for Höegh Gannet vessel has been extended by 12 months. The contract for Höegh Gallant is also for 12 months from the redelivery from its current charter at end of March 2021.Further…
Iron Ore Imports Outside China Show Signs of Recovery
The iron ore market is focused mainly on developments in China, which isn't surprising given the world's biggest buyer of commodities takes about 70% of global seaborne cargoes.But that other 30% does matter - and there are signs of a recovery in demand in the wake of the coronavirus pandemic.The total global volume of seaborne iron ore discharged at ports in January was 134 million tonnes, according…
MAN Hybrid Propulsion Package for Indonesian Navy's New Minehunters
German yard Abeking & Rasmussen has begun the construction of two minehunting vessels for the Indonesian Navy.MAN has won a contract to supply a complete hybrid propulsion package for both vessels.The delivery will include 2 × MAN 12V175D-MM engines delivering 2,220 kW at 1,900 rpm; a MAN Alpha CPP twin screw-propeller system including Alphatronic 3000 propulsion-control system for efficient and flexible maneuvering…
Four Years into Voyage and Meters from Land, MT Iba Tanker Crew Still Stuck Aboard
Nearly four years into their odyssey at sea, the five-member crew of oil tanker MT Iba [ex-Titan Brave] is tantalizingly close to shore, yet still unable to set…
BIMCO Shipping Number of the Week: U.S. Soya Bean Exports via Containerships
In the first four months of the 2020/2021 U.S. marketing year for soya beans (which started on 1 September), 2.5m tonnes of soya beans were exported in containers, accounting for 6.3% of total exports, while 37.1m tonnes departed the U.S. in dry bulk ships.Despite the record high containerized soya bean exports, the share of total U.S. soya bean exports being sent in containers has fallen from previous years and is currently at its lowest level since the same period in 2017.
Wärtsilä Hybrid Package to Help Canadian RoRo Ferry Cut Consumption, Emissions
Wärtsilä’s will deliver its hybrid solution for a new RoRo ferry being built for the British Columbia Ministry of Transportation and Infrastructure at the Western Pacific Marine shipyard. When delivered the ferry will serve the Balfour – Kootenay Bay route across Kootenay Lake. “Wärtsilä was selected based on their experience, reputation, and know-how in developing, delivering, and supporting complex hybrid propulsion systems.
Long-term Charters for Østensjø Rederi Offshore Vessel Trio
Norwegian offshore vessel provider Østensjø Rederi has signed long-term contracts for three of its offshore vessels.The new contracts for the Edda Fauna and Edda Flora vessels, signed with subsea services company DeepOcean, will begin in the first quarter of 2021 and will secure firm utilization until the end of 2022, Østensjø Rederi."Both Edda Fauna and Edda Flora will be delivered to DeepOcean with a fully integrated state-of-the-art hybrid battery system installed…
