Partners to Develop Large Scale LCO2 Carriers
POSCO, Hyundai Mipo Dockyard, Korea Shipbuilding & Offshore Engineering, Lloyd’s Register and the Liberian International Ship & Corporate Registry have set out to jointly develop liquid carbon dioxide (LCO2) carriers to meet the demands of increased global carbon storage and utilization technology.Through their recently signed memorandum of understanding (MOU), POSCO will develop new steel material and relevant technology for storage tank…
Ida Damages US' Busiest Grain Terminal, Disrupts Exports
Hurricane Ida damaged a Louisiana grain export elevator owned by global grain trader Cargill Inc and disrupted export operations at the busiest bulk grain export facilities in the United States on Monday.Cargill said its Reserve, Louisiana, terminal, one of two the company operates along the Mississippi River near the Gulf of Mexico, "sustained significant damage" from the storm, which roared ashore…
e1 Marine Names Klarup Commercial Director
Methanol-to-hydrogen generator technology company e1 Marine announced it has appointed Maite Klarup as its commercial director.Tapped to lead the implementation of e1 Marine’s commercial strategy, Klarup brings to the role more than 20 years of leadership experience from her time at BIMCO, THOME Group, Nordana and WISTA across shipping markets in North and South America, Europe and Southeast Asia.Stuart Crawford…
Insufficient Communication, Lack of Accurate Tow Size at Issue in Fatal Collision -NTSB
The lack of accurate tow size information and two pilots’ insufficient radio communication led to a fatal collision between two towing vessels in the Lower Mississippi River near Destrehan, La., according to a National Transportation Safety Board Marine Accident Brief released Thursday.Marine Accident Brief 21/16 details the NTSB’s investigation of the Jan. 26, 2020, collision of the towing vessels Cooperative Spirit and RC Creppel.
Corvus to Supply Battery for Crowley's All-electric Tug
Corvus Energy announced it has been selected by ABB Marine & Ports to supply the energy storage system for Crowley Maritime Corporation's all-electric tug eWolf—the first of its kind in the U.S.Crowley, which announced its plans to build and operate the innovative harbor tug in July, has tapped Master Boat Builders, Inc., in Alabama to build the vessel and ABB to deliver its integrated electric propulsion…
MN100 Application Deadline is Sept 1. Apply Now
The deadline to apply for inclusion in Marine News magazine's annual MN100 awards edition is September 1. Time is running out.Each year, the publication profiles 100 of the top firms in the shallow-draft, brown water workboat space. Is your company one of the best? Apply now.The 100 companies selected will be featured in the largest BPA-audited b-to-b publication in this genre. OEMs, service providers, shipyards, operators and the full gamut of marine-related businesses are eligible.
Infrastructure Update: An Earmark By Any Other Name
After years of much talk but little action, major infrastructure funding from Congress now looks like it might actually happen. This in turn has prompted a restoration of the availability of earmarks, which had been, until about a decade ago, part and parcel of the congressional funding process. Within our nation’s inland waterways industry, hopes have been high that the rejuvenation of our country’s transportation infrastructure will include our inland waterborne commerce…
Circle Line Relaunches Bear Mountain Cruises
New York Cruise Lines' Circle Line is relaunching its annual Bear Mountain Cruises on the Hudson River.The eight-hour round-trip excursions take passengers from New York City to Bear Mountain and back, launching Saturdays and Sundays from September 18 through October 31, plus Columbus/Indigenous Peoples’ Day on Monday, October 11.The 50-mile cruise up the Hudson includes sights of Hook Mountain, the Hudson River Palisades…
Changing of the Guard
The Gulf Intracoastal Canal Association’s retiring executive director reflects on key progress made and vital work remaining.As my tenure as President, Gulf Intracoastal Canal Association (GICA) ends after 11 years, it is gratifying look at the Gulf Intracoastal Waterway (GIWW) and reflect on its compelling relevance to our nation. Often referred to as the “Silent Giant,” as I wrote in this publication in 2014…
'Cajun Navy' Volunteers Race to Help in Ida's Wake
In the small city of Houma, Louisiana, about an hour southwest of New Orleans, volunteer rescue workers with a “Cajun Navy” group struggled in the wee hours of Monday to navigate streets strewn with trees toppled by Hurricane Ida's ferocious winds.The group had sped down from Lafayette after getting reports of people trapped by the fierce storm's floodwaters. Rob Gaudet, a 52-year-old software developer from Baton Rouge…
Navios Partners Takes Over Navios Acquisition
Dry bulk shipowner Navios Maritime Partners L.P. and tanker shipowner Navios Maritime Acquisition Corp. will merge to create the largest U.S. publicly-listed shipping company.
US Appoints Port Envoy to Address Supply Chain Disruptions
The White House and the U.S. Department of Transportation announced on Friday that John D. Porcari will be the Port Envoy to the Biden-Harris Administration Supply…
US Warship Transits Taiwan Strait After Chinese Assault Drills
A U.S. warship and a U.S. Coast Guard cutter sailed through the Taiwan Strait on Friday, the latest in what Washington calls routine operations through the sensitive waterway that separates Taiwan from China, which claims the self-ruled island.The passage comes amid a spike in military tensions in the past two years between Taiwan and China, and follows Chinese assault drills last week, with warships and fighter jets exercising off the island's southwest and southeast.USS Kidd…
Svitzer Names Jonasson Managing Director for Scandinavia & Germany
Maersk's towage arm Svitzer announced Mathias Jonasson has been appointed as managing director of its Scandinavia and Germany cluster, effective September 1.Jonasson, who will report to Svitzer Europe’s managing director Lise Demant, has a background in the oil and gas sector including a range of experience in operational, commercial and leadership positions. In his new role, he will be responsible…
Cargo Ship Sinks Off Greece. All 16 Crew Rescued
A Togo-flagged cargo ship sank on Saturday after hitting Greek islets in the Aegean Sea but all 16 crew were rescued, the Greek coast guard said.The freighter Sea Bird, which sailed from Ukraine and w
Excelerate, Petrobras Reach Deal on Bahia Terminal FSRU
Excelerate Energy will deploy one of its FSRUs in Bahia, Brazil, having recently successfully concluding negotiations with Petrobras over the tender process for the lease of the Bahia Regasification Terminal.Excelerate will deploy one of its existing Floating Storage and Regasification Units (FSRU) for service at the Bahia Regasification Terminal, start importing LNG and selling regasified natural gas to its Brazilian customers…
Bow Section of Broken Up Ship Crimson Polaris Towed to Shore
The Crimson Polaris wood-chip carrier's bow section was towed into Japan's Hachinohe Port and moored there on August 27, according to the ship's charterer NYK. The Crimson Polaris split up after running aground near Hachinohe, Japan earlier this month."Due to the weather and sea conditions, the work to remove the oil from the bow of the vessel at sea was expected to take a long time, and in order to make the work smoother and safer…
Ship Recycle Prices Settle - GMS
Prices have settled into a new reality this week as end buyers get back to buying at levels just shy of the historical peaks seen this year, closer to (and in some cases, just over) $600/LT LDT from the market leaders, on high-spec units.It has been a phenomenal year for the sub-continent ship recycling markets thus far, which has seen prices more than double in the space of the last 12 months, especially as supply gets tight.
Hurricane Ida's Fury Cuts Deep into U.S. Oil Output, Gasoline Supplies
Hurricane Ida pummeled U.S. Gulf Coast energy suppliers, knocking out most of the region's offshore wells and nearly half its motor fuel production and drove prices broadly higher.The storm crashed on Sunday into the Louisiana coast, tearing through U.S. offshore oil and gas fields with 150 mile per hour (241 kph) winds and pushing up to 12 feet (3.7 meters) of water ashore. More than 620,000 homes…
Ferry Runs Aground Off Ibiza. One 10-year-old Boy Seriously Injured
A ferry ran aground off the Spanish island of Ibiza on Saturday night, an incident the emergency services told local media had left 25 people injured, two seriously, including a 10-year-old boy.The San Gwann ferry, operated by German shipping company FRS, runs between Ibiza and Formentera, the smallest of Spain's Balearic islands.It was leaving Ibiza's port at 9.30 p.m. on Saturday night when it ran aground on the islet of Es Malvins…
