Gallery: Third FPSO Arrives in Guyana's Stabroek Block
Dutch FPSO specialist SBM Offshore on Tuesday announced the arrival of the FPSO Prosperity at the Stabroek Block offshore Guyana.The FPSO traveled just over 11,000 nautical miles – or just over 20,000 kilometers - from Singapore to Guyana in just under 50 days.On track for first oil later this year, Prosperity becomes Guyana’s third FPSO, joining two other SBM Offshore-delivered FPSOs, the Liza Destiny and Liza Unity.The FPSO will be spread moored in water depth of about 1…
Baltic Index Falls on Weak Capesize, Supramax Demand
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, snapped a four-session winning streak on Tuesday, pressured by lower rates for capesize and supramax vessel segments.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, lost 53 points, or 3.4%, at 1,507 — its biggest dip in two weeks.The capesize index fell 130 points…
Veson Nautical to Acquire VesselsValue
Veson Nautical (Veson), a maritime freight management solutions provider, said Tuesday it planned to acquire vessel valuation provider VesselsValue. Founded in 2011, VesselsValue now has a database of more than 81,500 vessels and provides daily updated, automated, vessel-specific valuations, reports, and market insights.In a statement on Tuesday, Veson said: "By combining VesselsValue products and services with Veson’s existing solutions…
Chinese Aircraft, Ships Remain around Taiwan After Drills end
Chinese warplanes and navy ships were still in the waters around Taiwan, the island's defense ministry said on Tuesday after the end of three days of war games, as Taiwan President Tsai Ing-wen criticized Beijing for its "irresponsible" behavior.China began the exercises on Saturday after Tsai returned to Taipei following a meeting in Los Angeles with U.S. House of Representatives Speaker Kevin McCarthy.China, which warned the U.S.
Italy's Coast Guard Works to Rescue 1,200 Migrants Drifting at Sea
The Italian coast guard is carrying out operations to rescue two boats carrying a total of 1,200 people, it said on Monday, after a surge in the number of migrants crossing the Mediterranean from North Africa over the weekend. One of the boats, which is carrying 400 people and is in the Ionian Sea off the coast of Calabria, southern Italy, had previously been sighted in Maltese waters. Earlier on Monday…
DOF Secures 3-year Contract for Skandi Vega AHTS
Norway-based offshore vessel owner DOF has secured a three-year contract for its anchor handling tug supply vessel (AHTS) Skandi Vega with the current charterer Equinor.The contract…
India Set to Finally Privatize Shipping Corp of India after Years of Delay
The Indian government plans to invite financial bids for the privatization of Shipping Corp of India Ltd (SCI) next month, as it looks to sell the state-run company after years of delay…
Maersk Supply Service and GustoMSC to Design Innovative Wind Installation Vessel for European Waters
Danish offshore vessel operator Maersk Supply Service has entered a collaboration with the Dutch vessel designer GustoMSC to design the "next generation" Wind Installation Vessel. Maersk Supply Service, which is already building an offshore wind installation vessel for the U.S. market, said Tuesday the aim of the latest collaboration with GustoMSC was to create an "upgraded version that is fit for…
Tanker Attacked by Pirates off Ivory Coast
The Singapore-flagged chemical tanker Success 9 has been attacked by pirates. Praesidium International reports the attack occurred on April 10 300NM south of Abidjan, Ivory Coast, in the Gulf of Guinea.The number of people that boarded the vessel is unknown, AIS transmission has been lost, and the incident is on-going. Praesidium notes that the vessel regularly travels in the region and was likely…
Austal to Develop Hydrogen-fueled High-speed Ferry
Australian shipbuilding group Austal will develop a high-speed that runs on hydrogen fuel under a recently signed memorandum of understanding (MOU) with Sweden's Gotlandsbolaget (Gotland Company).A 130-meter-long high-speed catamaran able to operate on hydrogen and other fossil-free fuels, the new vessel Horizon X will be able to run at 35 knots, while transporting 1,650 passengers and up to 450 vehicles.Håkan Johansson, CEO of Gotland, said, ”This is an important step in our climate journey.
A Proposal for a Small Change in Lloyds Open Form
In February Gard published the results of its review of Lloyds Open Form (LOF). Their review indicated a disturbing reduction in the number of LOF contracts, and noted some other concerns with regard to loss of use of LOF in salvage situations.Lloyds Open Form is a classic and, in my mind, cherished, example of the core beauty of maritime. It combines a large number of maritime concepts into a simple…
Credit Suisse Wins $41 Million Superyacht Lawsuit Against Saudi Prince
Swiss lender Credit Suisse has won a $41 million lawsuit against a member of the Saudi royal family over a loan to refinance a super yacht, with London’s High Court ruling there was no viable defense to the bank’s case.Prince Fahad bin Sultan bin Abdulaziz al Saud is liable to pay his company Burgundy Sea Ltd’s debts to Credit Suisse, Judge Robert Bright said in a written ruling.The judge had ruled in Credit Suisse’s favor without a trial at a hearing last month…
Turkey Launches Its First Amphibious Assault Ship
Turkey launched its first amphibious assault ship on Monday, aiming to extend its drone capabilities from land-based to naval operations amid increased regional tensions as war rages in Ukraine on the other side of the Black Sea.The TCG Anadolu can handle only light aircraft, chiefly helicopters and jets that can take off from shorter runways. It is 232 meters long and 32 meters wide, and can carry some 1…
Truckable Tug Joins the Curtin Maritime Fleet
California-based Curtin Maritime Corp. announced it has added a truckable tug to its fleet.The vessel, Edna C, will initially be deployed in Houston, where it will work alongside the DB Ironbound, a multi-functional ABS barge paired with a Lima 2400B 150-ton crawler crane.After several months, the tug will be transported to California for a repower, and it will eventually be used to support Curtin Maritime's operations in San Diego…
CMA CGM Places $3 Billion Shipbuilding Order in China
French container shipping line CMA CGM has ordered 16 containerships from China State Shipbuilding Corporation (CSSC) in a record-setting deal worth upward of $3 billion.The 21 billion Yuan ($3.06 billion) shipbuilding order, said to be the largest ever placed for containerships in China, is for 12 methanol dual-fuel 15,000 TEU vessels and four liquefied natural gas (LNG) duel-fuel 23,000 TEU vessels.The 15…
Fishing Vessel Catches Fire in Tacoma, Wash.
A shelter in place order has been lifted as a large fishing vessel fire begins to die down in Tacoma, Wash.Fire broke out on board the factory trawler Kodiak Enterprise early Saturday morning, progressing throughout the ship while moored at Trident Seafoods in the Hylebos Waterway, according to the U.S. Coast Guard.The City of Tacoma Fire Department is issuing a temporary shelter in place order for Northeast Tacoma…
BAE Systems Begins Building UK's New Frigate in Scotland
Construction on the U.K. Royal Navy's future HMS Birmingham has officially commenced at BAE Systems’ Govan shipyard in Glasgow.Work on the first three Type 26 ships is well under way with HMS Glasgow now at BAE Systems’ Scotstoun shipyard to have her complex systems installed, HMS Cardiff currently being assembled and HMS Belfast in its early construction phase. HMS Birmingham is the first ship to be constructed under a £4.2 billion contract for the remaining five ships secured in November…
LNG Dual-fuel Chemical Tanker Launched for Fairfield
Japan's Fukuoka Shipbuilding has launched a new chemical tanker for U.S. based shipping company Fairfield Chemical Carriers (FCC).The newly built Fairchem Pioneer is FCC's first liquefied natural gas (LNG) dual-fuel stainless steel chemical tanker. According to FCC, the vessel's LNG propulsion technology reduces carbon dioxide emissions by up to 25% compared to traditional marine fuels.The ship is the first of two 26…
Italy's Coastguard Works to Rescue 1,200 Migrants Drifting at Sea
The Italian coastguard is carrying out operations to rescue two boats carrying a total of 1,200 people, it said on Monday, after a surge in the number of migrants crossing the Mediterranean from North Africa over the weekend.One of the boats, which is carrying 400 people and is in the Ionian Sea off the coast of Calabria, southern Italy, had previously been sighted in Maltese waters.Earlier on Monday, German NGO Sea-Watch International, which had located the fishing boat with one of its planes,
Brennan Named Director of NOAA’s National Hurricane Center
NOAA has selected Mike Brennan, Ph.D., to serve as the next director of NOAA’s National Hurricane Center (NHC) in Miami, as preparations continue ahead of the 2023 hurricane season. He will assume this new role effective today, April 10, 2023.“The NHC director is one of the most visible and important jobs in the nation, and Mike possesses the right combination of experience, leadership and personal traits to prepare and guide us through major storms…