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Tuesday, March 19, 2024
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The Supply Chain News

18 Mar 2024

Port NOLA Bests Container-on-barge Record

(Photo: Port NOLA)

The Port of New Orleans (Port NOLA) said 2023 was a record year for container-on-barge shipping.During the last calendar year, Port NOLA marked 20,500 container moves by barge, the highest since launching the container-on-barge network—the nation's largest—in 2016 with the Port of Greater Baton Rouge and Ingram Marine Group. Container-on-barge moves containers by water rather than by truck on roads to reduce air emissions; moving an average of 30,000 twenty-foot equivalent units (TEU) per year between New Orleans, the Port of Greater Baton Rouge, Memphis and St. Louis.

17 Mar 2024

Venture Global LNG to Buy Fleet of LNG Vessels

© Andriy Sharpilo / Adobe Stock

Venture Global LNG said on Sunday it would acquire a fleet of nine liquefied natural gas (LNG) transport vessels, expanding its ability to sell and ship its own cargoes.Venture Global LNG has exported hundreds of cargoes since it started liquefying gas for export in 2022 from the first of its three planned facilities in Louisiana. The vessels it used were owned by other companies and leased.The nine vessels in Venture Global's future fleet will be built in South Korea with the first to be delivered later this year…

17 Mar 2024

Launch Ceremony Held for A-O-S' New Jones Act CTV Gripper

(Photo: American Offshore Services)

An official launch ceremony was held to celebrate the commissioning of a new Jones Act compliant crew transfer vessel (CTV) built for American Offshore Services (A-O-S)—the company's first.Constructed by Blount Boats in Warren, R.I., the 100-foot-long aluminum catamaran is owned and operated by A-O-S, a joint venture formed in 2020 by leading European CTV operator Northern Offshore Services (N-O-S) and U.S.-based investment firm OIC.The vessel will support Ørsted and Eversource’s portfolio of offshore wind farms in the Northeast…

12 Mar 2024

Updated Framework Released for Comparing Decarbonization Technologies

© Mariusz / Adobe Stock

The Maritime Technologies Forum (MTF) has released an updated Framework for Assessing Decarbonization Technologies and Alternative Energy Carriers and a comprehensive assessment on the maturity and readiness of alternative fuel options, expanding the number of evaluated fuels covered since the previous heatmap report issued in November 2022.The assessment applied MTF’s recently updated framework to an expanded set of eight fuels, including fossil LNG, fossil MGO combined with carbon capture and storage (CCS)…

12 Mar 2024

US Unions ask Biden Administration to Probe Chinese Shipbuilding

© Photocreo Bednarek / Adobe Stock

Five U.S. labor unions on Tuesday filed a petition with the office of U.S. Trade Representative Katherine Tai requesting a probe into China's alleged unfair policies and practices in the maritime logistics and shipbuilding sectors, the USTR office said.The petition was filed under Section 301 of the Trade Act of 1974, a statute aimed at combating trade partners' unfair practices.Trade practices are only one component of strains in U.S.-China relations in recent years. Other contentious issues include Taiwan…

11 Mar 2024

Coast Guard Will Not Enforce New California Rule, Citing 'Safety Concerns'

© Jill Clardy / Adobe Stock

(The Center Square) - The U.S. Coast Guard says it “will not enforce” a new California Air Resources Board regulation, citing “safety concerns.”The Coast Guard and business organizations oppose CARB's requirement that commercial harbor craft install diesel particulate filters (DPF) linked to a number of fires. Seventeen states are suing the Environmental Protection Agency for giving an exemption to California alone to enact its own air standards that, by power of its market size…

08 Mar 2024

Babcock Delivers Refitted HMS St. Albans to Royal Navy Ahead of Schedule

HMS St. Albans (Credit: Babcock International)

Defense company Babcock International has delivered Type 23 frigate HMS St. Albans back to the Royal Navy for sea trials three months ahead of the planned schedule, following a refit operation.Once the current sea trials are completed, HMS St. Albans, with her 178-strong crew, will return to sea as the most advanced, equipped, and capable Type 23 frigate in the Royal Navy’s fleet, boasting next-generation weapons systems and radar, according to Babcock.During her time in dock…

07 Mar 2024

SCHOTTEL to Equip Med Marine's Six New ASD Tugs

The SCHOTTEL RudderPropeller  (Image: SCHOTTEL)

SCHOTTEL is to equip six new ASD tugs of the Turkish Med Marine Group with the SCHOTTEL RudderPropeller (SRP). The new vessels will be built by Med Marine’s Ereğli Shipyard and will be available in 2025 to meet the constantly growing demand for Med Marine tugs. A total of 12 SCHOTTEL RudderPropellers in the SRP 360, SRP 430 and SRP 490 series will be built for the new vessels by the German manufacturer of marine propulsion systems. The new tugs will cater for a range of different bollard pull requirements in the 50-…

06 Mar 2024

US Container Shippers Slow Walk New Contracts, Eye Easing of Red Sea Rate Hikes

© Mariusz / Adobe Stock

U.S. importers are playing the waiting game with new container shipping contracts, gambling the rate spike from Red Sea vessel attacks will fade and put them in a stronger negotiating position, shipping industry analysts said.Iran-aligned Houthi missile and drone attacks on commercial ships in the Red Sea have forced most container carriers to reroute vessels around Africa and sent spot rates soaring.That price shock is a "gift" that carriers will be giving back when the assaults stop…

05 Mar 2024

Berge Bulk Orders Ammonia-fueled Newcastlemax Pair

(Image: Berge Bulk)

Berge Bulk informs it has placed an order for two ammonia dual fuel vessels from China's Qingdao Beihai Shipbuilding Heavy Industry as part of a push by the dry bulk shipowner to decarbonize its operations.The two 210,000-DWT Newcastlemax vessels will meet the International Maritime Organization's (IMO) Tier III NOx (nitrogen oxides) standards and Energy Efficiency Design Index (EEDI) Phase 3 compliance for greenhouse gas emissions.The Singapore-headquartered company has been…

04 Mar 2024

Houthi Attacks Having Limited Impact on Israeli Trade, Prices - Ministry

Attacks by Yemen's Iran-backed Houthis on cargo ships in the Red Seas are having limited effect on trade to Israel and have not led to any significant inflationary pressures, Israel's Finance Ministry said in a report on Monday.Houthi militants have repeatedly launched drones and missiles against international commercial shipping in the Gulf of Aden since mid-November, saying they are acting in solidarity with Palestinians against Israel's military actions in Gaza.Their Red Sea attacks have disrupted global shipping…

01 Mar 2024

Yara and ACME Sign Ammonia Supply Agreement

Source: Yara

Yara and GHC SAOC, a wholly owned subsidiary of India’s Acme Cleantech, have signed a binding agreement for the supply of ammonia with reduced CO2 emissions from Acme to Yara on a long-term basis.Both companies had previously signed a non-binding offtake Term Sheet and the current agreement concludes 18 months of negotiations during which the regulatory framework and certification regime have evolved significantly, creating a suitable environment for such long-term contracts.The long-term offtake agreement covers the supply of 100…

01 Mar 2024

US Offshore Wind: Down but Not Out

© Eric Dale Creative / Adobe Stock

“The winds of change are blowing wild and free.” – Bob DylanIn the U.S. offshore wind industry, developments over recent months have placed an exclamation point on the word “wild”. Yes, the wind still blows “free”, but mounting challenges have proven that harnessing its power offshore is anything but. In fact, far from it, as rising materials costs, high interest rates, labor shortages and supply chain delays, among other issues, have delivered heavy blows to the commercial viability of several projects.

01 Mar 2024

Rotterdam World Gateway to Provide Shore Power at All Berths

Left to right: Boudewijn Siemons, Port of Rotterdam Authority; Robert Simons, Municipality of Rotterdam; and Ronald Lugthart, RWG (Photo: Port of Rotterdam Authority)

Rotterdam World Gateway (RWG) container terminal will equip its entire quayside with shore-based power for all vessels, slashing emissions of particulates, nitrogen and CO2 while at berth.RWG, which is already fully automated and CO2 neutral, is opting to design, finance and build the shore-based power systems itself.The first berths are expected to be equipped with shore-based power from 2026 onward, placing RWG ahead of European regulation stipulating that all container, passenger and cruise ships larger than 5…

29 Feb 2024

New York Awards Equinor and Orsted New Offshore Wind Contracts

© Fokke Baarssen / Adobe Stock

New York officials on Thursday awarded provisional contracts to two proposed offshore wind projects under a program meant to support the embattled industry and keep the state's clean energy goals on track.The state selected a planned 810-megawatt project, Empire Wind 1, (developed by Equinor) and Sunrise Wind, a planned 924-megawatt project (developed by Orsted and Eversource).The closely watched solicitation by the New York State Energy Research and Development Authority (NYSERDA)…

28 Feb 2024

NAPA Studio aims to help Blaze Maritime's Digital Path

NAPA introduced NAPA Studios, an initiative designed to foster cross-industry partnerships to deliver new data-driven solutions and insights on some of the most imminent ship design, safety and operational challenges faced by the maritime industry.NAPA Studios will harness NAPA's own digital tools and experience, while working directly with individual shipyards, shipowners, charterers, and other supply chain stakeholders in tailored projects. This offering will, for example, enable shipyards to make a greater use of ships’ operational data to improve future designs, while other projects will support shipowners and charterers in assessing…

27 Feb 2024

Record Year for Wind Farms Raises Hope for EU Goals

Source: WindEurope

A record year for building new wind farms and a rebound in investments in the sector have raised hopes that the EU may achieve its clean energy targets, industry group WindEurope said on Wednesday.In an annual report, WindEurope described 2023 as a year of "significant improvements" in key areas of Europe's wind energy sector, which struggled in 2022 with soaring inflation, interest rates and volatile energy markets after Russia invaded Ukraine.Investments in European offshore wind last year jumped to 30 billion euros, up from the scant 0.4 billion euros that were invested in 2022.

27 Feb 2024

Houthis Say They Can Reassess Red Sea Attacks if Israeli 'Aggression' Stops

(Photo: Screenshot from video shared by Yemeni Armed Forces)

Yemen's Houthis said on Tuesday they could only reconsider their missile and drone attacks on international shipping in the Red Seaonce Israel ends its "aggression" in the Gaza Strip.Asked if they would halt the attacks if a ceasefire deal is reached, Houthi spokesman Mohammed Abdulsalam told Reuters the situation would be reassessed if the siege of Gaza ended and humanitarian aid was free to enter."There will be no halt to any operations that help Palestinian people except when the Israeli aggression on Gaza and the siege stop…

26 Feb 2024

Pelagus 3D and Doosan Enerbility Forge Additive Manufacturing Alliance

Source: Pelagus 3D

Pelagus 3D, a joint venture company of thyssenkrupp and Wilhelmsen, and Doosan Enerbility signed a memorandum of understanding (MoU) to advance the adoption of on-demand additive manufacturing (AM) in Korea’s maritime and offshore industries.The MOU was signed by Kenlip Ong, Chief Executive Officer of Pelagus 3D, and Yongjin Song, Executive Vice President of Strategy & Innovation of Doosan Enerbility, in Singapore at Pelagus 3D’s headquarters.The collaboration brings together Pelagus 3D’s engineering expertise in AM and in-depth maritime knowledge…

26 Feb 2024

Will 2024 Settle the Turbulence of US Offshore Wind?

(Photo: Avangrid)

There is no denying that 2023 was a challenging year for the U.S. offshore wind market. Citing macroeconomic factors including high inflation, rising interest rates, and supply chain bottlenecks, Ørsted announced on October 31 that they were ceasing the development of the Ocean Wind 1 and Ocean Wind 2 projects, which were scheduled for construction off the coast of New Jersey. Unfortunately, the troubling news has continued into the new year, with Equinor and BP announcing on…

26 Feb 2024

New Agreement to Kickstart Salem Offshore Wind Terminal

(Image: Crowley)

The Massachusetts Clean Energy Center (MassCEC), Crowley Wind Services and the City of Salem announced the transfer of ownership and an agreement for site improvements and ongoing operations for the Salem Offshore Wind Terminal.The agreement will kickstart the transformation of the site into the second port built specifically to support the construction of offshore wind farms in Massachusetts. The Salem Offshore Wind Terminal will also support the construction and installation…

26 Feb 2024

DP World and Masdar Team Up to Power Port Operations with Renewables

(Credit: Government of Dubai)

DP World has signed a partnership agreement with Abu Dhabi Future Energy Company (Masdar) to explore and implement renewable energy systems across its global port operations in the Middle East and Africa.The agreement aims to facilitate the widespread adoption of renewable energy and battery energy storage systems (BESS) within DP World’s global supply chain.Over the course of the three-year partnership, DP World and Masdar will work together to identify optimal sites for the potential deployment of solar and energy storage systems…

23 Feb 2024

Three Questions: Matt Tremblay, VP, Global Offshore Markets, ABS

Matt Tremblay, ABS’ Vice President of Global Offshore Markets. Image courtesy ABS

The American Bureau of Shipping dominates the global market in the classification of Floating Production. Offshore Engineer recently sat with Matt Tremblay, ABS’ Vice President of Global Offshore Markets, at American Bureau of Shipping HQ in Houston for his insights on market drivers and technical trends in this dynamic market.Matt, big picture, how do you see the Floating Production market developing in the coming years?At a macro level, I think we're going to be supply limited over the next five years.

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