US Revises Tax Credit Rule to Help Offshore Wind Projects
The Biden administration on Friday released new rules that will make it easier for offshore wind developers to claim a subsidy for facilities planned in areas that have historically relied on fossil fuel industries for employment.The revision follows nearly a year of warnings by offshore wind companies that their projects might not move forward without access to certain subsidies in President Joe Biden's landmark climate change law…
German Wind Sector Welcomes Offshore Terminal Funding
The German Offshore Wind Energy Foundation said the government's decision to help fund the expansion of an offshore terminal is important to achieve expansion goals for wind energy at sea.In a statement late Friday, the foundation said it welcomed a government move to contribute to the costs of expanding the terminal at the port of Cuxhaven, on the North Sea coast.The government has agreed to finance the 30-hectare (74 acres) expansion of the offshore terminal…
US Forces Engage Six Houthi UAVs
U.S. forces engaged six Houthi unmanned aerial vehicles (UAV) over the southern Red Sea after the group launched four anti-ship ballistic missiles toward a Chinese-owned oil tanker, the U.S. Central Command said on Saturday.Iranian-backed Houthis launched the missiles in the vicinity of M/V Huang Pu, a Chinese-owned oil tanker, the Central Command said in a post on X.A fifth missile was fired toward the oil tanker…
Maersk Will Avoid Red Sea Despite EU Security Operation
Shipping company Maersk said on Friday it was too early to resume sailings through the Red Sea due to a continued elevated risk level, despite an initiative by the European Union to increase safety in the region.Maersk, one of the world's biggest container shipping companies, suspended Red Sea traffic on Jan.
Sanmar Delivers Compact Harbor Tug to Port of Bayonne
Sanmar has delivered a compact RAscal 1500 ASD tug to CCI Bayonne Pays Basque, which manages the Port of Bayonne in France.Based on the RAscal 1500 design series from Canadian naval architects Robert Allan Ltd, Göksu V is 14.95 meters long with a molded breadth of 8.3 meters and a least molded depth and navigational draft of 3 meters. It can achieve 16 tons of bollard pull and a speed of 10 knots.Göksu V is an ASD tug that has been specifically designed and developed for ship-handling in modern…
St. Lawrence Seaway Opens Navigation Season
The St. Lawrence Seaway opened its 66th season of operation today with an official ceremony in Niagara Region.Terence Bowles, President and CEO of the St. Lawrence Seaway Management Corporation (SLSMC) was joined by U.S. Great Lakes St. Lawrence Development Corporation Administrator Adam Tindall-Schlicht in welcoming the many who came out for the event, including M.P. Vance Badawey, Parliamentary Secretary…
Amogy, W-Industries Enter Tech & Engineering Partnership
Ammonia-to-power solutions provider Amogy announced it has signed a Memorandum of Understanding (MOU) with W-Industries, a provider of engineering, technology, manufacturing, construction and services, to explore opportunities for technology and engineering collaboration.Tailored for industries such as maritime shipping and power generation, Amogy’s ammonia-to-electrical power system splits, or “cracks…
Houthis Promise Safe Passage for Chinese and Russian Ships
Yemen's Houthis have provided assurances to both China and Russia that their vessels will pass safely through the Red Sea, the chief negotiator for the Houthi movement, Mohammed Abdulsalam, told Reuters on Thursday.(Reuetrs - Reporting by Mohammad Ghobari; Writing by Enas Alashray; Editing by Hugh Lawson)
EU Naval Mission in Red Sea Destroys Missiles, Houthi Seaborne Drone
The EU's naval mission in the southern Red Sea said on Thursday it had destroyed three ballistic missiles and a Houthi seaborne drone to protect merchant ships.The EU's mission, known as Aspides, said on social media platform X that a French worship had destroyed the ballistic missiles and a German destroyed the drone, operated by the Iran-aligned Houthis and spotted near commercial vessels.Aspides…
Philippines to Build Islands Port Near Taiwan
The U.S. military will not be involved in development of a port in the Philippines' remote northernmost islands near Taiwan, the local governor said, removing a potential source of friction with China over the U.S. presence in the region.The governor of the Batanes islands, less than 200 km (125 miles) from Taiwan, said in August she had sought U.S. funding for a new port there. The U.S. embassy had at the time confirmed its diplomats and U.S.
Itochu, U-Ming Mull Ammonia-Fueled Ships
Japanese trading house Itochu Corp will study joint ownership and operation of ammonia-fueled ships with Taiwan's U-Ming Marine Transport Corp, Itochu said in a statement, as Japan is bets on ammonia to cut emissions.The shipping industry transports about 90% of world trade, and accounts for nearly 3% of the world's carbon dioxide emissions; and installing ship engines that burn cleaner fuels could…
Study Demonstrates Need for New Fire Safety Rules for Methanol-Fueled Ships
A new fire safety study by survival technology solutions provider Survitec finds that existing fire-fighting methods used to extinguish machinery space spray and pool fires on conventionally fueled vessels are inadequate when dealing with methanol-based fires.This follows extensive comparative fire tests on dual-fuel marine engines using diesel oil and methanol.“Our tests confirm that traditional water…
Red Sea Attacks Temporarily Increase Demand for Ships
The BIMCO Container Shipping Market Overview & Outlook for March 2024 has been published, and Niels Rasmussen, BIMCO’s Chief Shipping Analyst, highlights that ship supply is expected to grow on average 9.1% in 2024 and 4.1% in 2025.Rerouting via Cape of Good Hope is assumed to impact the first half of 2024. Ship demand increases an estimated 9.5% in 2024 and falls 0.5% in 2025. The supply/demand balance…
Report: Sustainable Shipping Fuels Can Reach Cost Parity by 2035
Sustainable shipping fuels could reach cost parity with fossil fuels as early as 2035 with the help of decisive emissions policy such as carbon taxes and emissions limits, according to a new report launched by Wärtsilä.The report, titled ‘Sustainable fuels for shipping by 2050 – the 3 key elements of success’, states that the EU Emissions Trading Scheme (ETS) and FuelEU Maritime Initiative will see the cost of using fossil fuels more than double by 2030.
Bollinger Lays Keel for USNS Muscogee Creek Nation
Bollinger Shipyards announced it has laid the keel for the future USNS Muscogee Creek Nation at its yard in Houma, La.The vessel is the 10th Navajo-class Towing, Salvage and Rescue Ship (T-ATS) and the fifth T-ATS vessel being constructed by Bollinger since acquiring the program in April of 2021.The keel authenticators were the Hon. David W. Hill, Principal Chief of the Muscogee Creek Nation, the Hon.
China Grain Imports Near Record High
Cereal and oilseed imports to China, the world's biggest buyer of farm goods, will remain near record highs this year despite a recent spate of cancellations as lower global prices and a domestic output shortfall prompt purchases.China's wheat imports from Australia in January and February this year have nearly quadrupled from the same time last year, the latest customs data show. That trend should…
Fiji to Sign Ports Deal with Australia in Shipbuilding Boost
Fiji will strike a deal with Australia to upgrade ports and shipbuilding infrastructure, months after its prime minister said it was likely to partner with China on the project, the government of the Pacific Islands nation said on Thursday.Fiji's government said its cabinet had agreed to enter into a memorandum of understanding with Australia for the project, after Australia committed to financing."The revival of the shipbuilding industry in Fiji has been articulated as a key priority…
Inland Waterways Focus: The Pacific Northwest Columbia-Snake River System
"The Columbia River and its tributaries, wetlands, and estuaries are the lifeblood of the Pacific Northwest, providing abundant water, power, recreation, agriculture, transportation and natural resources that have supported livelihoods, cultural and spiritual practices, commerce and economic growth.” - President Biden, Memorandum of September 27, 2023.Those abundant benefits directly impact about 13 million people in the Pacific Northwest.
Two soldiers and eight militants lose their lives in Pakistan port attack
On Wednesday, Pakistani forces stopped an attack by militants with gunfire and bombs near the port of Gwadar, killing eight attackers and two soldiers.China has invested in the province of Balochistan, focusing on Gwadar and its resources.The militants used guns and bombs to attack a complex near the port, which holds government offices and forces, as per Saeed Ahmed Umrani, a government official.After setting off bombs…
Somali Pirates' Return Adds to Crisis for Global Shipping Companies
As a speed boat carrying more than a dozen Somali pirates bore down on their position in the western Indian Ocean, the crew of a Bangladeshi-owned bulk carrier sent out a distress signal and called an emergency hotline.No one reached them in time. The pirates clambered aboard the Abdullah, firing warning shots and taking the captain and second officer hostage, Chief Officer Atiq Ullah Khan said in an audio message to the ship's owners."By the grace of Allah no one has been harmed so far…
