ONE Orders Wind-Assist Technology from Econowind
Singapore-based Ocean Network Express (ONE) has decided to install two containerized wind assist units on one of their operated container feeder ships before the end of 2023.The 143-meter, 1036 TEU capacity Kalamazoo is owned by Singapore-based Norse and the wind assist systems will be supplied by the Netherlands-based company, Econowind.The two containerized units will be equipped with the latest wing design from Econowind, the VentoFoil.
Transocean's Big Move: Adapting Offshore Drilling Vessels to Install Wind Foundations
Transocean, best known for its deepwater drilling services in the oil and gas space, is looking to expand into the offshore wind sector and is planning to convert some of its offshore drilling vessels into wind foundation installation vessels.The company said Wednesday it had executed a non-binding memorandum of understanding with offshore wind installation services firm Eneti with a plan to form aā¦
Castor Sells 2007-built Panamax for $12.6 Million
Shipping company Castor Maritime announced it has completed its sale of a a 2007-built Panamax bulk carrier for $12.6 million. The company had revealed in March that it sold the 73ā¦
US Navy Sends a USV Through the Strait of Hormuz
The U.S. Navy on Wednesday sent an uncrewed surface vessel (USV) through the Strait of Hormuz as it ramps up its use of high-tech unmanned assets for patrols and monitoring at sea.The transit was reportedly the Navy's fist for a USV through the busy and strategically important strait, demonstrating the continued operational integration of unmanned and artificial intelligence systems by U.S. maritimeā¦
Oil Exports from Russia's Western Ports Hit 4-year High
Oil loadings from Russia's key western ports in April will rise to the highest level since 2019, above 2.4 million barrels per day (bpd) despite Moscow's pledge to cut output, trading and shipping sources said.Russian crude exports and transit from the ports of Primorsk, Ust-Luga and Novorossiisk in Arpil will rise above 10 million tonnes, up from 9.7 million tonnes in March.Russia's Deputy Prime Minister Alexander Novak said on Feb.
Maintenance Dredging at the Port of Weipa to Begin in May
North Queensland Bulk Ports Corporation (NQBP) will soon begin maintenance dredging at the Port of Weipa. NQBP Acting Chief Executive Officer Belinda Kenny said the dredge vessel TSHD Brisbane is due to begin work from early May 2023.āMaintenance dredging works are an integral part of port operations,ā Kenny said. āIn the same way we maintain roads and rail lines for freight transport, we need to look after our port infrastructure to keep trade flowing.
Russia Accuses Ukraine of Sabotaging Grain Deal with Bribery Scheme
Russia on Wednesday accused Ukraine of sabotaging the Black Sea grain deal by demanding bribes from ship owners to register new vessels and carry out inspections under the cover of a deal the United Nations hopes could ease a global food crisis.There was no immediate comment on the allegation, levelled by Russia's Foreign Ministry, from Ukraine which has blamed Moscow for problems with the agreement.
Huisman to Deliver 3,000mt+ Crane for Havfram Wind's New WTIV
Dutch crane maker Huisman has won a contract from offshore wind installation contractor Havfram Wind for the delivery of a 3,000mt+ Leg Encircling Crane for its second NG-20000X Wind Turbine Installation Vessel. The crane contract news comes just a day after Havfram Wind said it had ordered the WTIV from China's CIMC Raffles.Also, Huisman's contract follows an earlier order in December 2022 for anā¦
Second-hand Crude Tankers Reach Highest Values in 25 Years, BIMCO Says
āSecond-hand crude tanker values for five-year-old ships hit bottom levels in late 2020 and have since increased by an average 67%. Over the past twelve eventful months values have risen by 34%, reaching their highest level in 25 years,ā says Niels Rasmussen, Chief Shipping Analyst at BIMCO.Crude tanker values saw their most recent low in December 2020 when Clarksons Research estimated the combined value of a five-year-old Aframax, Suezmax, and VLCC was USD 138.5 mill.
New Sensors Expected to Reduce Illegal Immigration Across English Channel
French and British authorities have ordered infrared panoramic detection systems from French company HGH to help reduce illegal immigration across the English Channel.The two countries have previously signed a āsmart borderā agreement worth 72.2 million euros for the period 2022-2023. The aim is to use advanced technologies to secure the coastline and prevent people drowning onboard makeshift boats.HGH will provide its SPYNEL solutions which allow for permanent and continuous surveillance.
Panama Canal Lowers Maximum Depth Limit Due to Drought
The Panama Canal will impose lower draft restrictions on the largest ships passing through the key global trade route due to falling water levels at nearby lakes that form part of the waterway, the canal authority said on Tuesday.The restrictions, which will take effect on Wednesday, mean so-called neo-Panamex container ships seeking to cross the canal connecting the Atlantic and Pacific Oceans must comply with a maximum depth of 47.5 feetā¦
Provaris Launches Compressed Hydrogen Floating Storage Concept
Australia-based Provaris Energy has launched a gaseous hydrogen floating storage concept called H2Leo that has been granted Approval in Principal by ABS.The solution has a design capacity range of 300 to 600 tonnes of hydrogen, expandable to up to 2,000 tonnes and will enable greater flexibility and optimization of Provaris' compressed hydrogen supply chain projects under development in Asia and Europe.The floating storage solution is suitable for various hydrogen supply chains and applicationsā¦
Strategic Marine Commissions Study on Hybrid CTVs
Singapore-based boat builder Strategic Marine has commissioned a study to compare the efficiency of traditional diesel-powered and hybrid-powered crew transfer vessels (CTV).The study, to be conducted by the Maritime Energy and Sustainable Development Centre of Excellence (MESD CoE) at Nanyang Technological University, Singapore (NTU Singapore), aims to help the company expand its knowledge and expertiseā¦
GSI Claims Lead in Orders for LNG Dual-Fuel PCTCs
Guangzhou Shipyard International (GSI), part of China State Shipbuilding Corp, has recently taken the lead in orders LNG dual-fuel pure car truck carriers (PCTCs), reports China Daily.The company now has contracts to build 25 PCTCs after a recent contract signing for three 8,600 ceu dual-fuel PCTCs for an unnamed Asian company. Other orders include three 7,000 ceu dual-fuel PCTCs with Guangzhou Yuanhai Automobile Shipping and three LNG dual-fuel 7ā¦
C-Innovation Opens New Facility in Port Fourchon
C-Innovation, an aļ¬liate of Edison Chouest Offshore (ECO) and its family of companies, announced the opening of its new facility in Port Fourchon, La. The expansion provides an additional dock facility for subsea inspection, maintenance and repair (IMR) and riserless light well intervention (RLWI) services.The new facility offers vessel loading, project system integration testing (SIT), mobilization and demobilization services for the subsea market.
Callan Marine Adds New Cutter Suction Dredge
Galveston, Texas based Callan Marine has added a new cutter suction dredge to its fleet.The new dredge General Marshall was constructed by DSC Dredge beginning at Poplarville, Mo., and completed construction at Reserve, La., before being launched at the Kennedy Shipyard in Galveston.At 194 feet long and 41 feet wide, with an 18-inch suction and discharge diameter, General Marshall is equipped with a total of 3ā¦
India and China Snapping Up Russian Oil Above Price Cap
India and China have snapped up the vast majority of Russian oil so far in April at prices above the Western price cap of $60 per barrel, according to traders and Reuters calculations.That means the Kremlin is enjoying stronger revenues despite the West's attempts to curb funds for Russia's military operations in Ukraine.A G7 source told Reuters on Monday the Western price cap would remain unchanged for nowā¦
Ince to Seek Sale After Creditor Bows Out
Legal and professional services firm Ince Group Plc plans to enter administration and pursue a sale of the company, it said on April 12, amid cash concerns and repeated delays in reporting its financial results.Ince's directors applied to London's High Court on April 12 to appoint administrators under UK insolvency law in relation to the company and four subsidiaries, court filings show.Trading in Ince on London's Alternative Investment Market was suspended from Jan.
Green Yard Kleven Lands Another Retrofit Project with Brazilian Offshore Vessel Owner
Norwegian shipyard Green Yard Kleven AS has secured a retrofit project with Brazilian offshore vessel owner Oceanica.This is the fourth contract signed with the same shipowner that includes the reactivation and rebuilding of offshore ships bought from Norwegian shipowners.The vessel, named Oceanicasub X, is a 78-meter anchor handling vessel which will be rebuilt for operations off the coast of Brazil.
CMA CGM Offers $5.5 Billion for Bollore Logistics Unit
French shipping group CMA CGM is offering 5 billion euros ($5.48 billion) for the logistics unit of Bollore, the family-run conglomerate said on Tuesday.For Bollore a deal would mean cutting ties with its biggest business while offering cash-rich CMA CGM a chance to bolster its bid to offer end-to-end transportation services and supply chain management.The business posted more than 7 billion euros in revenue last year and has 15,000 employees.News of the indicative offer, made on a cash free and