Belgian Shipowner, Canadian Fertilizer Firm Set to Build Ammonia-fueled Ship
Belgium-based shipowner Exmar is partnering up with a Canadian fertilizer company to build jointly develop and build a low-carbon, ammonia-fueled vessel which they aim to deploy as early as 2025."Partners for over three decades in transporting ammonia globally, Nutrien is one of the world’s largest producers of low-carbon ammonia and is a leading player and innovator in the transportation of liquefied gas products…
U.S. Looking at Ways to Compensate Fishing Industry for Offshore Wind Impacts
The Biden administration is considering ways to ensure the U.S. commercial fishing industry is paid for any losses it incurs from the planned expansion of offshore wind power in the Atlantic Ocean, according to state and federal officials involved in the matter, [Reuters reported in an exclusive on Thursday.]Discussions between state and federal officials, which participants described as being at a very early stage…
EMSA Taps Drone Firm for Long-range Maritime Surveillance Services
Oslo-listed drone company Nordic Unmanned has received a conditional letter of award from the European Maritime Safety Agency (EMSA) for a contract worth up to 20 million euros ($23,75 million).The letter of award is related to fixed-wing RPAS (drone) services carrying out long-range general maritime surveillanceThe official value of the framework contract is EUR 20 million over a period of up to 2+1+1 years. Nordic Unmanned is the contractual partner with EMSA.
Wärtsilä Engines, Thrusters for OHT's Offshore Wind Jack-up Rig
Finland-based maritime and offshore engine and equipment maker Wärtsilä has won orders to equip Norwegian firm OHT’s next-generation wind offshore turbine installation vessel being built in China.Wärtsilä will supply an integrated propulsion and dynamic positioning thruster solution, including the engines, a Wärtsilä NOx reducer emission abatement system, as well as steerable and tunnel thrusters to…
Hyundai Samho Delivers Diamond Gas Victoria LNG Tanker
Japan's NYK Line said Wednesday it had, as part of Diamond LNG Shipping 6 consortium, taken delivery of the Diamond Gas Victoria LNG gas carrier.The LNG carrier will transport LNG from British Columbia for the LNG Canada project, as well as from other locations around the world, under a long-term time-charter contract with Diamond Gas International, a subsidiary of Mitsubishi Corporation (MC), which…
Silversea Cruises' New Ultra-luxury Ship Christened in Greece
Silver Moon, Silversea Cruises' newest ship in its "ultra-luxury" fleet, was christened Thursday in Athens, Greece. The naming ceremony was held in the port of Piraeus.At 40,700 gross tons and with a maximum capacity of 596 guests, Silver Moon is the cruise line’s second Muse-class ship.Constructed by Fincantieri at its Ancona shipyard, Silver Moon is an evolution of her sister ship Silver Muse, Silversea Cruises said."The ship benefits from re-imagined public spaces…
Maersk Gives Kenyan Exporters to Europe a Boost with Salalah Transshipments
Shipping giant Maersk is enhancing the service it offers from Mombasa, Kenya, to North Europe, specifically Felixstowe and Rotterdam, by providing a single transshipment product via Salalah, Oman.Maersk said that the ME7 service would connect Kenya’s exports via Salalah to Europe ensuring the cargo will flow smoothly without getting affected by unforeseen delays in case of congestion. The ME7 service will provide regular rotations between the hubs of Colombo and Salalah…
MPC Container Ships Refinances Debt
Container ship opertor MPC Container Ships has entered into a $70 million three-year revolving credit facility agreement with CIT Group. The company said the loan…
PHOTO: U.S. Coast Guard Commissions Three New Cutters in Guam
The U.S. Coast Guard on Thursday commissioned three new Fast Response Cutters at a ceremony presided over by Adm. Karl Schultz, the Coast Guard’s commandant.The Coast Guard Cutters Myrtle Hazard (WPC 1139), Oliver Henry (WPC 1140) and Frederick Hatch (WPC 1143) were commissioned during what the USCG said was a rare triple-commissioning ceremony at the new homeport at Coast Guard Forces Micronesia Sector Guam.
Crowley Bags $638M Vessel Acquisition Management Deal with MARAD
Crowley Maritime has secured a multi-year, $638 million contract for Vessel Acquisition Management (VAM) by the U.S. Maritime Administration (MARAD)."Crowley’s strategic acquisition and vessel management service will assist MARAD in the enhancement of the Ready Reserve Force (RRF), helping reduce the overall age of the fleet and increase ship reliability. The fleet executes U.S. Department of Defense (DoD) sealifts…
Nord Stream 2 Pipeline 99% Complete
The much-politicized Nord Stream 2 undersea gas pipeline from Russia to Germany is 99% complete, the pipeline operator said on Wednesday, after the pipelay vessel Akademik Cherskiy finished its initially planned workload.The $11 billion Nord Stream 2, designed to bypass Russia's political foe Ukraine and double the capacity of the existing Nord Stream pipeline to 110 billion cubic meters per year,…
RWE Taps Fugro for UK North Sea Wind Farm Site Survey
Dutch offshore survey specialist Fugro has secured a contract with RWE to carry out geophysical exploratory works at Five Estuaries offshore wind farm, the extension project of the existing 353MW Galloper wind farm.Works are expected to take place in the Southern North Sea from August to November 2021.Three dedicated vessels will map the characteristics of the seabed and bedrock to assess the conditions around the wind farm site and the potential cable locations.
Iron Ore: China Demand Powers Fortescue Shipments to Record
Australia's Fortescue Metals Group Ltd on Thursday narrowly beat its full-year estimate for iron ore shipments after a record fourth quarter, as strong demand from top consumer China offset the impact of bad weather.The world's fourth-largest iron ore miner fared better than rivals Rio Tinto and BHP, whose June quarter output dropped because of weather disruptions in Western Australia.Despite those disruptions…
Transocean Reels In Two Deepwater Drillship Deals in Gulf of Mexico
Offshore drilling firm Transocean said Wednesday it had secured contracts for two offshore drilling rigs in the Gulf of Mexico. The contracts are worth $55.5 million…
U.S. Navy Asserts “Freedom of Navigation” in the South China Sea
“The United States military flies, sails, and operates anywhere international law allows.”The 1982 Law of the Sea Convention recognizes the rights and freedoms of all nations to engage in traditional uses of the sea. According to the Department of Defense 2020 Annual Freedom of Navigation Report to Congress, “Unlawful and sweeping maritime claims—or incoherent legal theories of maritime entitlement…
Demand Soaring for Offshore Wind Farm Installation Vessels
World Energy Reports estimate that more than 100 wind farm installation and maintenance vessels will be required over the next decade. This is due to the proliferation of offshore wind farm projects planned for construction over the next 10 years.Last year, for the first time ever, offshore renewable projects spending was higher than offshore oil and gas spending with an estimated USD 56 billion sanctioned…
Ship Fuel Tank Designer GTT Names New CFO
GTT, a French company designing LNG tanks for gas carriers and cargo ships, has named Virginie Aubagnac its new Chief Financial Officer. With nearly 20 years of experience in finance, she joined GTT in April 2021 as Special Advisor to the Chairman. She succeeds Marc Haestier, who will leave the Group to retire.A graduate of HEC Paris, Virginie Aubagnac began her career in the Finance Department of Rallye, and then became project manager for the Deputy Managing Director of the same company.
Gallery: Heerema's 'Thialf' Installs Cassia C Platform for BP Offshore Trinidad
Offshore installation company Heerema Marine Contractors has completed the installation of BP's Cassia Compression (Cassia C) platform in Trinidad and Tobago.Heerema brought the Cassia Compression structures on July 15 from the Altamira fabrication yard.Using its semi-submersible heavy lift construction ship Thialf, Heerema finalized completion activities for the installation of the topside, bridge, and flare structures.
Baltic Index Falls on Weaker Panamax, Capesize Rates
The Baltic Exchange's main sea freight index fell on Wednesday, as weaker demand for panamax and capesize vessels weighed.The index, which factors in rates for capesize, panamax, and supramax shipping vessels carrying dry bulk commodities, fell 12 points, or 0.4%, to 3,154.The capesize index lost 3 points to 3,841, its lowest since July 22.Average daily earnings for capesizes, which typically transport 150…
Medcenter Container Terminal Orders 12 Straddle Carriers from Kalmar
Kalmar, part of Cargotec, has received an order of 12 diesel-electric straddle carriers from Medcenter Container Terminal (MCT) in Italy.Located in the southern Italian port of Gioia Tauro, MCT, owned and operated by Terminal Investment Limited (TIL), is a mega port able to handle the largest container vessels deployed on Asia-Mediterranean routes.The terminal has handled more than 56 million TEUs since it opened in September 1995.