Russian Fuel Oil Cargo Arrives in Cuba as the Island Ramps Up Imports
A tanker carrying Russian fuel oil arrived in Cuba on Thursday, bringing supplies for the Caribbean nation's sputtering power plants and giving Russia an outlet…
Baltic Sea Freight Index Posts Weekly Gain as Capesize Rates Jump
The Baltic Exchange's main sea freight index , tracking rates for ships ferrying dry bulk commodities, logged its first weekly gain since mid-June, as a jump in capesize rates outweighed declines in other vessel segments.The overall index, which factors in rates for capesize, panamax, and supramax shipping vessels, was up 140 points, or nearly 7%, at 2,150 points, its highest since July 4. It rose 4% for the week.The capesize index rose 462 points…
U.S. Coast Guard Medevacs Offshore Vessel Crewmember with Heart Attack Symptoms
A 52-year-old man was medevaced Thursday from an offshore supply vessel about 36 miles southeast of Grande Isle, Louisiana.Watchstanders at Coast Guard Sector New Orleans received a call stating a crewmember aboard the offshore supply vessel Warren Thomas was reportedly experiencing heart attack and stroke-like symptoms. The watchstanders directed the launch of a Coast Guard Air Station New Orleans MH-65 Dolphin helicopter crew to assist.The helicopter crew arrived on the scene…
New Crewing Mandate Could Be a 'Gut Punch' to U.S. Offshore Wind Projects
The U.S. House has this week passed the National Defense Authorization Act (NDAA), in which it attached a provision that would change rules for manning offshore vessels in U.S. waters, with the goal of fostering American jobs in the U.S. offshore wind sector, however, the move could be counterproductive.According to American Clean Power (ACP), which has slammed the move, the U.S. Coast Guard Authorization Act contains a provision that requires…
Tech File: P&O Adopts Hull Stress Monitoring for new Hybrid 'Super Ferries'
Light Structures tapped to deliver custom fiber optic solution for stress and fatigue measurement with real-time decision supportLight Structures AS won the contract to provide a Hull Stress Monitoring System for two new hybrid-power, double-ended RoPAX vessels under construction at Guangzhou Shipyard International (GSI) in China for P&O Ferries. Delivery, installation, and commissioning is expected to be completed within 2022.Measuring 230m long with 3…
IMLI Director Attard Wins International Maritime Prize
The outgoing Director of the IMO International Maritime Law Institute (IMLI), Professor David Joseph Attard, has been selected by the IMO Council to be the recipient of the International Maritime Prize for 2021. Professor Attard was nominated for the award by the Republic of Malta. In the nomination, the impact that Professor Attard has had on the maritime world, particularly via his three-decade-long role at IMLI was highlighted.
Indonesia Jails Captain of Tanker Arrested for Illegal anchorage
The captain of a fuel tanker arrested by the Indonesian navy in May on suspicion of illegally anchoring in its waters has been jailed for 15 days and fined 200 million rupiah ($13…
Container Shipping: "Fluctuating fortunes for Ocean and Air Freight out of Far East
While spot rates head in the right direction for ocean freight from the Far East to the South America East coast, short-term air freight rates are failing to take off on major intra-Asian and long haul trades, according to Xeneta.“Certainly, as far as ocean freight rates are concerned, the long-term market tends to play catch-up with the spot market, with around a three-month delay,” said Peter Sand, Chief Analyst, Xeneta.
Beirut Port Fire Revives Trauma ahead of Blast Anniversary
A fire smoldering for days at Beirut port has revived painful memories of the explosion that devastated the Lebanese capital in 2020, with the government struggling to find a way to extinguish it as the second anniversary of the blast approaches.The fire has been burning slowly in the ruins of the port's grain silos, giving off an orange glow visible at night from neighborhoods that were most badly damaged by the Aug.
Israel Sells Haifa Port for $1.2B
Israel said on Thursday it will sell Haifa Port, a major trade hub on its Mediterranean coast, to winning bidders Adani Ports APSE.NS of India and local chemicals and logistics group Gadot for 4.1 billion shekels ($1.18 billion).Gadot and Adani made it to the end of a two-year tender process that Israel hopes will lower import prices and help shorten notoriously long wait times at Israeli harbors."The…