Marine Link
Tuesday, March 19, 2024
SUBSCRIBE

Shut Down News

13 Mar 2024

Trafigura, Mercuria Switch Bunkering to Mauritius Amid Attacks

© Igor Groshev / Adobe Stock

With more ships heading around the Cape of Good Hope due to attacks in the Red Sea region and a shutdown in their main South African bunkering operations, Mercuria and Trafigura have started refuelling services in Mauritius, four sources said.The two trading houses have opened operations in Port Louis to compensate for the shutdown at South Africa's Algoa Bay which stems from a tax dispute with authorities, sources familiar with the matter told Reuters.Algoa Bay is South Africa's…

26 Jan 2024

Freeport LNG Unit Faces Month-long Outage

(File photo: Freeport LNG)

U.S. liquefied natural gas (LNG) company Freeport LNG said on Friday it expects one of three liquefaction units at its Texas plant will be out of service for about a month after it faced a technical issue during last week's Arctic freeze.This shutdown was the latest in a series of incidents at the plant since it exited an eight-month outage from June 2022 to February 2023 following a fire and explosion.Since April, at least one liquefaction train at the plant has shut or tripped - sometimes several times…

25 Jan 2024

Japan Takes the Lead on Ammonia as Maritime Fuel

Image courtesy NYK

Late last year Japanese maritime leaders – Nippon Yusen Kabushiki Kaisha (NYK), Japan Engine Corporation, IHI Power Systems Co., and Nihon Shipyard Co., Ltd. – signed a series of contracts to buid the world's first ammonia-fueled medium gas carrier (AFMGC) equipped with Japan-make engines. The target is a completed ship by November 2026.While the project is significant, hurdles remain, namely:While development work is underway, today there is not yet a dual-fuel ammonia engine on the market…

22 Jan 2024

Red Sea Shipping Attacks Pressure China's Exporters

© ABCDstock / Adobe Stock

For Chinese businessman Han Changming, disruptions to Red Sea freight are threatening the survival of his trading company in the eastern province of Fujian.Han, who exports Chinese-made cars to Africa and imports off-road vehicles from Europe, told Reuters the cost of shipping a container to Europe had surged to roughly $7,000 from $3,000 in December, when Yemen's Iran-aligned Houthi movement escalated attacks on shipping."The disruptions have wiped out our already thin profits…

18 Jan 2024

IACS Adopts New Unified Requirement on Ammonia Releases

© vchalup / Adobe Stock

The International Association of Classification Societies (IACS) has developed a Unified Requirement (URH1) covering the release of ammonia from the onboard systems for bunkering, storing, preparing and using ammonia as fuel.IACS URH1 aligns with the Recommendations from U.S. National Institute for Occupational Safety and Health (NIOSH) and establishes that an ammonia concentration of 300 ppm or more is immediately dangerous, and a concentration of 25 ppm or more is dangerous if the exposure is longer than eight hours.Additionally…

18 Jan 2024

Baltic Dry Index Snaps Eight-day Losing Streak

© sandsun / Adobe Stock

The Baltic Exchange's dry bulk sea freight index snapped an eight-day losing streak on Thursday as rates increased across larger vessel segments.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, gained 49 points, or 3.8%, to 1,357.The capesize index rose by 120 points, or 6.9%, to 1,853.Average daily earnings for capesize vessels, which typically transports 150,000-ton cargoes such as iron ore and coal, increased by $990 to $15,365.Iron ore futures prices rebounded, aided by renewed hope of further stimulus from top consumer China following a speech

19 Dec 2023

NTSB Recommends Pipeline Operators Implement Safety Management Systems

Six segments of damaged pipeline that were removed for replacement. The leak site, circled in red, was observed on the segment shown wrapped in a tarp. (Photo: NTSB)

The U.S. National Transportation Safety Board (NTSB) is recommending new notification alarms and procedures for potential incursions on pipelines and a change to an anchorage off the California coast following a crude oil release in 2021 caused by ship anchors damaging an underwater pipeline.NTSB investigators determined that the oil leak, which began on October 1, 2021, in San Pedro Bay, resulted from an anchor strike on the pipeline that occurred eight months earlier, when anchors…

18 Dec 2023

Ask What Your Government Can Do For Your Industry (A 2023 Retrospective)

© rrodrickbeiler / Adobe Stock

John F. Kennedy’s famous locution, “Ask not what your country can do for you, but you can do for your country” remains the rallying call for civic action and public leadership. The message remains foundational to the success of the United States, particularly as we head into an election year that once again appears to be filled with divisiveness and vitriol. That said, before we flip the calendar, it is important to set JFK’s message aside for a moment and reflect upon what our political leadership in Washington…

18 Dec 2023

Aker BP Restarts Production at Alvheim Field After Unexpected Downtime

(Credit: Aker BP)

Norwegian oil company Aker BP has restored production at Alvheim field, causing an oil spill during the process of starting up the production vessel located in the central North Sea. The downtime resulted from a malfunction in new equipment installed during maintenance activities in the previous quarter, causing a deferral of approximately one month in the production from the Alvheim area, Aker BP said. The oil spill from the Alvheim production vessel on November 29 occurred in connection with starting up the field following an unplanned production shutdown, where one well was producing.

17 Dec 2023

Esgian: Rigs on the Move in Asia and Europe

Source: OMV

This week Esgian’s Week 50 Rig Analytics Market Roundup notes developments in the semisub sector including that Shell has decided to exercise its option on Stena Don in the North Sea but not on Deepsea Bollsta in Namibia. Meanwhile, a new contract for the Transocean Barents will see it operate in the Black Sea, and jackup Shelf Drilling Perseverance will move to Vietnam.ContractsShelf Drilling has secured a contract award for the 400ft Shelf Drilling Perseverance jackup rig with PetroVietnam Domestic Exploration Production Operating Company Limited (PVEP POC).

21 Nov 2023

Accelerating US CTV Market Development with Hybrid Solutions

© twixter / Adobe Stock

As the world looks to renewable energy sources to combat climate change and reduce reliance on fossil fuels, offshore wind has emerged as a promising frontier in the United States. A report by the University of California Berkeley released in August concluded that due to the nation’s long coastlines with sustained winds in many areas and falling turbine costs, offshore wind could feasibly supply between 10% and 25% of the country’s energy demand by 2050.While that may paint a rosy picture of a cleaner…

10 Nov 2023

Turkey Sends Field Hospital Aid Ship to Egypt for Gaza

Turkish Health Minister Fahrettin Koca - Credit: Turkish Health Ministry

Turkey said on Friday it had sent a ship loaded with field hospital equipment, ambulances and generators to Egypt to treat war casualties from Gaza, where Israeli's devastating siege has caused a humanitarian crisis with medical care collapsing."A total of 51 containers of medical supplies, generators and 20 ambulances, with necessary permissions, were loaded onto a ship from Izmir's Alsancak port and sent to Egypt," Turkish Health Minister Fahrettin Koca said."As part of the aid…

09 Nov 2023

US Shipbuilding: Policy and Progress

© Maxim Khalansky / Adobe Stock

When asked about the top issues facing shipbuilders, executives at the Shipbuilders Council of America (SCA) listed a number of topics and concerns. SCA is the only national trade association representing U.S. shipyards engaged in the building and repairing of military and other government and commercial vessels, and companies providing goods and services to the shipbuilding industry.Shutdowns have consequencesMatthew Paxton and Paula Zorensky are, respectively, SCA President and Vice President. Their top federal concern at the end of September? A U.S.

30 Oct 2023

St. Lawrence Seaway Reopens Following Tentative Deal to End Strike

© GrB / Adobe Stock

The union representing St. Lawrence Seaway workers in eastern Canada said it reached a tentative labor agreement on Sunday, ending a week-long strike that shut down a key North American trade route linked to the Atlantic Ocean.The Unifor union, representing some 360 workers, said it agreed to a deal with the St. Lawrence Seaway Management Corp (Seaway) that would cover engineering, maintenance, and other worker groups in Ontario and Quebec provinces.Other details of the agreement, which would need to be ratified by the workers, were not shared.

20 Oct 2023

Strait of Hormuz: The World's Most Important Oil Artery

© Lotharingia / Adobe Stock

The Israel-Hamas war has raised the spectre of a wider regional conflict which could embroil Iran and other regional factions.Analysts and market observers say the conflict could prompt the United States to tighten sanctions on Iran, which may spur Tehran to take retaliatory action against ships in the Strait in Hormuz.The Marshall Islands registry, one of the world's top shipping flags, last week flagged that vessels with links to Israel or the United States may face a heightened threat of attack within Israeli territorial waters…

19 Oct 2023

LNG Tanker Diverts from Egypt Terminal as Gas Flows from Israel Ebb

A tanker seeking to fill up liquefied natural gas (LNG) at a terminal in Egypt left empty and diverted to another port, after an Israeli pipeline supplying gas was halted due to Israel-Hamas conflict, analysts said on Thursday.The Seapeak Catalunya tanker has changed course from Egypt's Idku LNG plant and is now heading to Algeria's Arzew LNG facility instead, LSEG analyst Olumide Ajayi said, citing shipping data.Chevron has shut down the Israeli Tamar gas field amid the military conflict in the country and suspended exports through the subsea EMG pipeline, which runs from Ashkelon in southern Israel to Egypt.Egypt relies on Israeli gas imports to meet some of its domestic demand and therefore…

12 Oct 2023

Inland Waterways: US Making Progress on Infrastructure

(Photo: Michel Sauret / USACE)

The United States’ vast network of navigable inland rivers is vital to the nation’s economy, serving as an aquatic superhighway for the efficient shipment of critical commodities like agricultural goods, energy products, building materials and industrial chemicals to destinations within the U.S. and to deepwater ports for export. The Waterways Council, Inc. (WCI), which advocates for a modern, efficient and well-maintained inland waterways, often describes the network as “the…

09 Oct 2023

Israel's Ashkelon Port Shut Down

© Vita / Adobe Stock

Israel's port of Ashkelon and its oil terminal have been shut in the wake of the conflict between Israel and Islamist group Hamas, shipping and trade sources said on Monday.The port is located just over 10 kilometers (sox miles) from the border with the Gaza Strip.

09 Oct 2023

The Headwinds of US Offshore Wind Development

© nblxer / Adobe Stock

On March 29, 2021, President Biden announced his ambitious plan to deploy 30 gigawatts (GW) of offshore wind power – enough energy to power 10 million U.S. homes – by 2030. The plan would leverage authorities under the Department of Interior, Energy, and Commerce to guide “more than $12 billion per year in capital investment in projects on both U.S. coasts, create tens of thousands of good-paying, union jobs, with more than 44,000 workers employed in offshore wind by 2030 and nearly 33,000 additional jobs in communities supported by offshore wind activity.” The U.S.

20 Sep 2023

Maritime Propulsion: The NSMV Power Play

Photo courtesy Wabtec

The quest to build a series of five National Security Multi-Mission Vessels (NSMVs), which will serve as training ships for five U.S. maritime academies, has drawn a broad cadre of suppliers. The powerplant was a main focus, helping to evolve the schools from steam power plants to a modern propulsion package.NSMVs being built for the maritime academies is widely lauded as a ‘win’ for U.S. shipbuilding, an example of commercial shipbuilding practices applied to a government shipbuilding project.

20 Sep 2023

Captain McManus Preps to Take the Helm of Empire State VII

Photo courtesy Captain Morgan McManus

Captain Morgan McManus will serve as the Ship’s Master on the Empire State VII, the first in a series of five National Security Multi-Mission Vessel (NSMV), which at press time was getting its post-sea trial finishing touches at Philly Shipyard. The project to design, build and deliver the NSMV series is one of the most exciting shipbuilding programs in the U.S. – a government shipbuilding project leveraging commercial shipbuilding efficiencies. For insights, we visited with Captain McManus to discuss the ship, it’s technology suite and its role in helping to educate a new generation of U.S.

28 Aug 2023

Erik Thun Unveils New Lake Vanern MAX Bulk Carrier Series

Source: Erik Thun Group

Sweden’s Erik Thun Group has unveiled its next generation battery-hybrid, dry cargo vessel series being built at Shipyard Ferus Smit in the Netherlands.The Lake Vanern Max is hybrid, with a battery pack for peak shaving and power smoothening, reducing the reliance on auxiliary engines for electricity generation. The vessel is designed to stay at anchor without using auxiliary engines. Shore connection enables clean and silent port operations and allows the vessel to shut down all engines onboard…

28 Aug 2023

14th Annual Maritime Risk Symposium to be Held Nov. 14-16 at SUNY Maritime

The 2023 Maritime Risk Symposium (MRS) will be held Nov. 14-16, 2023, as an in-person event, hosted by Maritime College, State University of New York (SUNY) at the Maritime Academic Center. The theme of the 14th annual event is “Managing Impacts of Supply Chain Disruptors, Renewable Energy, Emerging Technology on the Maritime Transportation System (MTS)” with a focus on offshore infrastructure risk and disruptors. Founded in 1874, Maritime College is the oldest maritime college in the United States, providing mariner training for 150 years.

Subscribe for
Maritime Reporter E-News

Maritime Reporter E-News is the maritime industry's largest circulation and most authoritative ENews Service, delivered to your Email five times per week