China Denies German Warship Entry into Harbor
China has denied a German warship entry into a local harbor, a German foreign ministry spokesperson said on Wednesday.The ship involved is the "Bayern" frigate, the spokesperson told a news briefing, but did not identify the Chinese harbor. The vessel set sail from Germany last month for a six-month mission to the South China Sea."China has decided that it does not want a harbor visit, and we took notice of thatā¦
Italian Sea Group H1 Sales, Core Profits Double
Revenues and core earnings at the Italian Sea Group at least doubled in the first half of the year thanks to new contracts, allowing the luxury yacht maker to narrow its full-year guidance to the higher end of a previously given range.Shares rose more than 4% after the results were released and were up 2.4% by 1200 GMT, outperforming a 0.6% drop in Milan's all-share index.The group had initially guided for 2021 net sales of between 160-170 million euros ($189-201 million) and adjusted earnings b
SEA-KIT's USV to be Powered by Hydrogen Fuel Cell
SEA-KIT, a company designing and building Uncrewed Surface Vessels (USVs), has won funding to install a PCB-based hydrogen fuel cell, engineered by Bramble Energy, on its 12m USV āMaxlimerā and demonstrate zero-emission maritime operations.SEA-KIT secured the grant through the recent Clean Maritime Demonstration Competition (CMDC) ā Strand 2 in the UK funded by the Department for Transport (DfT) workingā¦
ORE Catapult Secures Funding for Five Projects to Drive Forward Maritime Decarbonisation
The UK-based Offshore Renewable Energy (ORE) Catapult has said it has secured funding for five projects as part of the Clean Maritime Demonstration Competition, funded by the Department for Transport and delivered in partnership with Innovate UK.Fifty-five projects successfully secured £23m funding as part of the Competition, announced at an event during London International Shipping Week by Transportā¦
Gulf Coast Oil Firms Return to Ida Recovery as Storm Nicholas Recedes
Energy companies worked to restore pipeline service and electricity after Tropical Storm Nicholas passed through on Tuesday, allowing them to return to repairing the significant damage caused by Hurricane Ida two weeks ago.Nicholas, downgraded to a tropical depression late Tuesday, caused rain, flooding, and power outages in Texas and Louisiana, where some refineries remained offline in the wake of Hurricane Ida. The earlier storm shuttered most U.S.
China's Coal imports from Australia Plummet 98.6%, but India, S. Korea fill the Gaps
In the first seven months of the year Chinese coal imports from Australia have totalled just 780,000 tons as Chinese restrictions on Australian coal have started to hurt, according to Oceanbolt. This represents a 98.6% drop compared with 56.8 million tonnes in the same period in 2020.In the first seven months of 2020, 697 voyages were made carrying coal between Australia and China. Out of these, 59.1% were on Panamax ships while Capesize ships proved the second most popularā¦
Marine Battery Firm Corvus Plans 4Q IPO
Marine battery maker Corvus plans an initial public offer (IPO) in the fourth quarter, aiming to list its shares on the Oslo Stock Exchange, its top executive said on Wednesday.The company, which assembles battery cells into giant batteries for ships such as ferries, cruise vessels, tug boats, [and offshore support vessels] expects the global market for such solutions to be worth $10 billion in 2030."We see that already ...
Saudi Aramco, McDermott Sign MoU for Use of SAFIRA Yard
Saudi Arabia's national oil company Saudi Aramco has signed a memorandum of understanding with energy industry construction and installation firm McDermott to explore the use of McDermott's SAFIRA fabrication yard for construction services for Saudi Aramco's upstream and downstream projects.McDermott's SAFIRA fabrication yard is being developed within Saudi Aramco's King Salman International Complex for Maritime Industries and Services in Ras Al-Khair.
VIDEO: Installation of Innovative Floating Wind Turbine Foundation - TetraSpar
Offshore vessel operator and installation services firm Bourbon Subsea Services has recently completed the installation of the 3.6 MW TetraSpar floating wind turbine prototype at a test site in Norway.The TetraSpar Demo project is developed by Stiesdal Offshore Technology, TEPCO Renewable Power, Shell, and RWE and has been described as the worldās first full-scale demonstration of an industrializedā¦
Rosneft Could Export Gas via Gazprom's Nord Stream 2 Pipeline
Russia's Energy Ministry is due to prepare a report in the coming days about the possibility of Rosneft exporting natural gas to Europe via the new Nord Stream 2 pipeline, Interfax cited Deputy Prime Minister Alexander Novak as saying on Wednesday.Currently, Kremlin-controlled Gazprom has exclusive rights for Russian pipeline gas exports.Novak said this month that Rosneft had asked the government forā¦
CGG Extends Seismic Vessel Deal with Shearwater in Brazil
Shearwater GeoServices has won a six-month contract extension with seismic data firm CGG on its Nebula survey offshore Brazil and is nearing completion of work forā¦
Hurtigruten's New Cruise Ship Named 'Next to the North Pole'
Hurtigruten Expeditionsā new battery-hybrid powered MS Fridtjof Nansen has made history with the northernmost naming ceremony for a passenger shipāat the location where expedition cruising began in 1896.At latitude 78Ė North in Longyearbyen, Svalbardāoften dubbed ānext to the North Poleāāthe local community joined the celebrations of one of the worldās greenest and most advanced cruise ships.āWe are thrilled to celebrate more than 125 years of exploration and adventure travel where it all began.
Inaccurate Stability Calculations Caused Golden Ray Capsizing -NTSB
Inaccurate stability calculations caused the capsizing of vehicle carrier Golden Ray that resulted in $200 million worth of damages, the National Transportation Safety Board (NTSB) said Tuesday.The Marine Accident Report details the NTSBās investigation of the September 8, 2019, capsizing of the roll-on/roll-off vehicle carrier Golden Ray as it transited outbound through St. Simons Sound near Brunswick, Ga.
Ocean Tug Set to Circumnavigate Denmark Under Remote Command
An ocean tug is set to embark on a 1,000 nautical mile autonomous and remotely commanded journey around Denmark to prove that the worldās waterways are primed andā¦
USCG Cutter Katmai Bay Enters Great Lakes Shipyard for Repair
United States Coast Guard Cutter Katmai Bay (WTGB-101), homeported in Sault Sainte Marie, Mich., arrived at Great Lakes Shipyard for a drydock, inspection, maintenance and repair contract.The contract includes hull, propulsion and steering system inspections, as well as steel repairs, hull cleaning and painting. The 140-foot Bay-class icebreaking tug was hauled out on Friday, September 3 using theā¦
MOL Orders Four LNG Carriers for NOVATEK Charter
Mitsui O.S.K. Lines (MOL) on Tuesday announced it has ordered four new liquefied natural gas (LNG) carriers from South Korea's Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME) for delivery in 2024.The Japanese shipping company said it has signed time charter contracts for the four newbuilds with NOVATEK Gas & Power Asia Pte. Ltd., a wholly owned subsidiary of Russia's PAO NOVATEK.The 174,000ā¦
SFL Sells Seven Handysize Bulk Carriers
Shipowner SFL Corporation on Tuesday announced it has sold seven handysize dry bulk vessels to an Asian-based buyer for an aggregate price of approximately $100 million.The 32ā¦
Oil Output, Vessel Traffic Halted as Nicholas Lashes Texas
Hurricane Nicholas on Tuesday took another swipe at U.S. Gulf Coast energy facilities, cutting offshore oil and gas output gradually recovering from the last storm and disrupting power to onshore pipeline, gas and chemical plants.Royal Dutch Shell halted production its Perdido offshore oil platform due to heavy winds, and U.S. liquefied natural gas producer Freeport LNG said processing at its Texas coast facility was haltedā¦
Mississippi River Temporarily Shut for Dredging Work
The Mississippi River, the second longest U.S. waterway, was temporarily shut to vessel traffic on Tuesday from mile 0 to mile 2 due to dredging operations, the New Orleans Board of Trade (NOBOT) said.The closure, expected to be lifted on Tuesday afternoon, it scheduled to be repeated on Sunday to finish the removal of dredging pipeline. Vessel traffic at the Mississippi has been interrupted several times since late August due to damages caused by Hurricane Ida.(Reporting by Marianna Parraga)
BOEM Taps Doug Boren to Lead Pacific Office
The Bureau of Ocean Energy Management (BOEM) announced Doug Boren has been appointed as the new regional director for the agencyās Pacific Office in Camarillo, Calif. Boren will be responsible for managing the development of energy and mineral resources on the U.S. Outer Continental Shelf (OCS) offshore California, Oregon, Washington and Hawaii.āDoug has many years of service with BOEM, working on aspects of OCS energy and minerals programs at the regionalā¦