ABS Wavesight Partners with ActZero on Maritime Cybersecurity
ABS Wavesight, an ABS-affiliated software-as-a-service (SaaS) company, today announced a new alliance with ActZero, a managed detection and response (MDR) service provider, to help safeguard fleets from the growing threat of cyberattacks.ActZero will provide cybersecurity protection to ABS Wavesight clients alongside ABS Wavesight’s portfolio of vessel and voyage management tools. “Offering ABS Wavesight users a cyber solution is not just a natural next step…
Chevron and Angelicoussis Group Exploring Maritime Ammonia Transport
Chevron and the Angelicoussis Group have come together to explore how tankers can be used to transport ammonia, a potential lower carbon marine fuel.Under a newly announced Joint Study Agreement (JSA), Chevron, through its subsidiary Chevron Shipping Company, and the Angelicoussis Group, through its Energy Transition division, Green Ships, will initially evaluate the ammonia transportation market, existing infrastructure…
Biden Admin Greenlights LNG Exports from Alaska LNG Project
The Biden administration on Thursday approved exports of liquefied natural gas from the Alaska LNG project, a document showed, as the United States competes with Russia to ship natural gas from the Arctic to Asia.The Department of Energy approved Alaska Gasline Development Corp's (AGDC) project to export LNG to countries with which the United States does not have a free trade agreement.Backers of the…
Employers Say Union is Disrupting Work at Southern California Seaports
The Pacific Maritime Association on Thursday said the largest longshore union local on the West Coast disrupted work at the nation's busiest seaport complex for the second week in a row, as labor talks covering 22,000 dockworkers from California to Washington state approach the one-year mark.Frustration is growing over the lack of resolution in the talks, which started in May.
Russia Says Black Sea Grain Deal May Be Nearly Over
Russia on Thursday said there would be no extension of the UN-brokered Black Sea grain deal beyond May 18 unless the West removed a series of obstacles to the export of Russian grain and fertilizer.The Ukraine grain Black Sea export deal was brokered by the United Nations and Turkey in July last year to help alleviate a global food crisis worsened by conflict disrupting exports from two of the world's…
Bunge Port Deal in Southern Brazil Ends, Opening Door to Rivals
The end of a contract between a Bunge agent and a state-run port company in southern Brazil could make room for rivals interested in the public grains terminal, documents and court filings showed.The contract between Bunge port agent Litoral and the Sao Francisco do Sul port authority ended on April 11 and does not foresee an extension.Bunge declined to comment. Litoral did not reply to a request for…
Floating Offshore Wind: New Seascape, New Challenges
Offshore wind energy planners are giving close review to fixed-tower systems in order to extend lessons learned to floating wind towers, under development now. In the U.S., floating towers have been most closely associated with plans for new wind energy areas (WEA) in the Pacific, off of California and maybe Oregon and Washington. But important research is also taking place in Maine, at the University of Maine…
Hempel Announces Executive Leadership Changes
Denmark-based coatings manufacturer Hempel announced changes to its executive management team.The company appointed Peter la Cour Gormsen as Chief Financial Officer (CFO) and Executive Vice President of Finance, and René Overgaard Jensen has been named Chief Transformation & Information Officer (CTIO) and Executive Vice President of Digital, Strategy & Transformation.Peter la Cour Gormsenjoins Hempel on 1 June 2023 from the position of Group CFO at GN Store Nord A/S.
25 People Die as Migrant Boat Sinks Off Sfax, Tunisia
Tunisia's coastguard has recovered 15 more bodies of migrants, bringing the death toll from a shipwreck off Tunisia to 25, a security official told Reuters on Thursday.A wooden boat packed with about 110 migrants sank on Wednesday off the coast of the city of Sfax. Seventy-six people were rescued while the rest are still missing.Drowning accidents off Tunisia have dramatically increased in recent weeks…
Baltic Index Steady as Capesize Bounce Offsets Dip in Smaller Vessels
The Baltic Exchange's main sea freight index tracking rates for ships carrying dry bulk commodities, was flat on Thursday as higher rates for capesizes countered a dip in smaller vessel segments.The overall index, which factors in rates for capesize, panamax, and supramax shipping vessels, remained unchanged at 1,463.The capesize index gained 66 points, or 3.6%, at 1,888 — its biggest rise in a week.Average daily earnings for capesizes…
China to Ban Vessels from Area Near Taiwan Over Rocket Debris
China will ban vessels from an area near Taiwan on Sunday because of the possibility of falling rocket debris, its maritime safety agency said on Thursday, as Japan sought details from Beijing on a reported no-fly zone in the same location. China has not commented on the no-fly zone, but South Korea, which was also briefed on the plans, said it was due to a falling object related to a launch vehicle.
Markets: The Challenges of Developing Floating Wind at Scale
Tens of gigawatts of floating wind projects are slated for development in this and the next decade, but many obstacles remain.There has been much focus on the emerging floating wind market of late.The U.K. is forging ahead with commercial scale floating wind developments through the Scotwind and INTOG awards of at least 24 gigawatts (GW) of floating wind capacity representing close to 1,500 floating turbines that will come on stream through 2030.
ADNOC L&S Adds Five New Very Large Gas Carriers to Fleet
United Arab Emirates' ADNOC Logistics & Services (ADNOC L&S) has expanded its fleet with the deployment of five new-build Very Large Gas Carriers (VLGC), state news agency WAM reported on Thursday.The carriers of the shipping and maritime logistics arm of state oil giant Abu Dhabi National Oil Company each have a capacity of 86,000 cubic metres. The carriers were built at Jiangnan Shipyard in Shanghai…
New Product: PermaStar LED Floodlight
SONARAY, a manufacturer of proprietary LED lighting products, announced PermaStar, a high efficacy, 500-watt LED Flood Light that comes with a limited lifetime warranty. The new flood light is durable with IP66 and IK10 ratings, and is available in a range of beam angles and produces up to 67,000 lumens in the 45-degree angle model. The PermaStar is also UL 1598A listed so it can be used outside in damp or wet environments.
Record High Container Order Book Signals 'Significant Change'
“Despite the collapse in freight rates, shipowners still have an appetite for new container ship orders and the order book has continued to grow. The record high order book of 7.54 million TEU will result in significant changes to the container fleet in the coming years,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO.During the last 10 quarters, 8.61 million TEU has been contracted, matching the level contracted during the preceding 30 quarters.
World's Largest Iron Ore Export Hub Braces for Strongest Cyclone in a Decade
Australia's northwest region, home to the world's largest export hub for iron ore, could be hit by the most powerful tropical cyclone there in a decade as ports cleared ships and residents rushed to stock up on essential supplies. Cyclone Ilsa, located about 300 km (186 miles) off Australia's coast in the Indian Ocean, is expected to make landfall as early as Thursday night as a category four storm - one rung below strongest category five - packing winds of up to 275 km per hour…
US Coast Guard Announces Fire Safety Campaign for Small Passenger Vessels
The US Coast Guard has published Marine Safety Information Bulletin 05-23, Fire Safety on Small Passenger Vessels and announced a concentrated inspection campaign.The Bulletin encourages owners and operators to do a self-assessment of the fire safety of their vessels and provides a checklist evaluating fire safety and emergency preparedness on board.MSIB 05-23 also announces that the concentrated inspection campaign…
Australian Government Highlights Nation’s Green Hydrogen Ambition
The Australian government has released its annual State of Hydrogen report, saying it reinforces that Australia has the foundations to become a global leader in green hydrogen.The report illustrates local industry is advancing hydrogen as a chemical feedstock and for export to generate electricity, but there’s an urgent need to speed up priority pilot projects and hydrogen hubs to compete internationally.In 2022…