Marine Link
Tuesday, March 19, 2024
SUBSCRIBE

Web Site News

06 Mar 2024

Hanwha Ocean Lays Keel for Cadeler WTIV Wind Maker

(Photo: Cadeler)

South Korean shipbuilder Hanwha Ocean has laid the keel for Cadeler’s newbuild wind turbine installation vessel (WTIV), Wind Maker.The vessel was ordered in 2021 by Eneti, which was acquired by Denmark-based Cadeler in 2023. The vessel was to be named Nessie under previous ownership.The Gusto MSC NG16000X self-propelled jack up will be fitted with a Huisman 2600t at 31m radius leg encircling crane, allowing the installation of 14MW+ offshore wind turbines. It will feature a main deck area of 5…

05 Mar 2024

Singapore's Temasek Shortlists Saudi Aramco, Shell in Sale of Pavilion Energy Assets

© vladsv / Adobe Stock

Singapore's Temasek Holdings has shortlisted energy giants Shell and Saudi Aramco among a handful of companies to purchase most of the assets of liquefied natural gas (LNG) trading firm Pavilion Energy, sources with knowledge of the matter said.The sale process comes a decade after the state investment firm set up Pavilion Energy to focus on LNG-related investments, and takes place as spot Asian LNG prices LNG-AS have fallen more than 40% since mid-August, potentially weighing on the deal's valuation.Temasek is evaluating bids for the sale of Pavilion Energy's assets…

21 Feb 2024

UK's Trident Nuclear-deterrent Missile System Misfires During Test

FILE PHOTO: Nuclear submarine HMS Vanguard at HM Naval Base Clyde, Faslane, Scotland. (Photo: Tam McDonald / U.K. Ministry of Defense)

Britain's Trident nuclear-deterrent system misfired during a test last month, sending a missile crashing into the ocean off the Florida coast near the submarine that launched it, The Sun newspaper reported on Wednesday.The Ministry of Defense confirmed that an "anomaly" had occurred during the test but said Britain's "nuclear deterrent remains safe, secure and effective".With Defense Secretary Grant Shapps on board the HMS Vanguard to witness the test, The Sun said, the first…

23 Feb 2024

Edison Chouest Withdraws Title XI Application

ECO Edison is being built at LaShip in Houma, La. for delivery in 2024 (Photo: Orsted)

An affiliate of Edison Chouest Offshore has withdrawn its application for financing under the U.S. Maritime Administration's (MARAD) Title XI program.Title XI is a government loan program with the Federal Financing Bank as the lender. It is intended to promote the growth and modernization of the United States' merchant fleet and shipyards by offering repayment terms and interest rates that are generally better than those available from the commercial lending market.ECO Edison…

12 Feb 2024

MARAD’s Title XI Changes: Good News for Offshore Wind?

© Maxim Khalansky / Adobe Stock

The U.S. Department of Transportation's Maritime Administration (MARAD) in December issued a final rule updating its financial requirements for the Federal Ship Financing Program, commonly referred to as Title XI. While the move applies to the U.S. maritime industry as a whole, it is seen as especially helpful for players looking to serve the U.S. offshore wind sector.Designed to promote the growth and modernization of the U.S. merchant marine and U.S. shipyards, Title XI provides for a full faith and credit guarantee by the U.S. government. The program essentially aims to encourage U.S.

12 Feb 2024

Former Employee Kills Three at European Navigation

© BreizhAtao / Adobe Stock

A disgruntled former employee shot dead the head of a Greek shipping company and two others before killing himself at the firm's office in Athens on Monday, a police spokeswoman said.Police, fire engines and ambulances were stationed outside the offices of European Navigation in a southern suburb of the capital. Earlier, anti-terrorism forces entered the building, Reuters reporters at the scene said.Among the dead was European Navigation's owner, said police spokeswoman Konstantina Dimoglidou…

12 Feb 2024

Future Ships: Picture Perfect

(Image: Siemens)

Big data, advanced computers and AI are allowing vessel designers to prepare models that leave essentially nothing to chance.“Lastly, it may be of considerable importance to form from the draught a block model of the vessel from which a still more accurate judgment may be formed of the fitness and beauty of the body. And should any defect be discovered, farther alterations must still be made, till the draught and the model are perfectly approved of. These different alterations and repeated calculations may appear very tedious…

06 Feb 2024

Gunderson Marine to Open Trades Skills Training Center

(Photo: Gunderson Marine)

Portland, Ore. shipbuilder Gunderson Marine announced plans to open a new training center aimed at addressing a demand for skilled trades workers. For many shipyards across the U.S., hiring and retaining a skilled workforce has become a major challenge.Gunderson's new training center, scheduled to open this spring, will serve as a central hub for trades skills development, offering paid training programs in areas such as in basic metals fitting, industrial safety practices and various welding techniques, the company said.

26 Jan 2024

Biden Pauses New LNG Export Projects

© Mike Mareen / Adobe Stock

President Joe Biden paused pending approvals of exports from new liquefied natural gas (LNG) projects on Friday, a move cheered by climate activists that could delay decisions on new plants until after the November 5 election.The Department of Energy (DOE) will conduct a review during the pause that will look at the economic and environmental impacts of projects seeking approval to export LNG to Europe and Asia where the fuel is in hot demand.The review will take months and then will be open to public comment which will take further time…

19 Jan 2024

CMA CGM Reroutes More Ships to Avoid Red Sea Attacks

© Björn Wylezich / Adobe Stock

One of the world's largest container shipping groups CMA CGM on Friday said it would reroute a weekly service between Europe and Australia to avoid attacks in the Red Sea, and that the company expected months of disruption.Attacks by Yemen's Houthi militia on commercial vessels, in response to Israel's war with Palestinian Hamas militants in Gaza, have slowed trade between Asia and Europe, and U.S. strikes against the Houthis have not resolved the crisis.French-based CMA CGM said its weekly NEMO service connecting Europe…

16 Jan 2024

"Port of the Future" Announces Comms Awards

The Borders, Trade, and Immigration Institute, a Department of Homeland Security Center of Excellence, led by the University of Houston, announced the creation of the annual Port of the Future Award for “Excellence in Port Communications and Community Relations.”  Each year, this award will be presented at the annual Port of the Future Conference, held the first week of April, in Houston, Texas. Finalists may be invited to participate on the Conference panel “Port Communications and Community Relations.”  This year’s Port of the Future Conference will be held April 2-4…

07 Jan 2024

COSCO Halts Shipping to Israel

© aerial-drone / Adobe Stock

Chinese shipping firm COSCO has suspended shipping to Israel, Israeli financial news website Globes reported on Sunday.The report, which did not include details behind the decision, came as shipping lanes in the Red Sea have been disrupted by attacks carried out by Iranian-backed Houthi militants in Yemen.COSCO offices in Israel declined comment. Israeli port officials said they were checking the report.(Reuters - Reporting by Ari Rabinovitch and Steven Scheer; Editing by Tomasz Janowski)

02 Jan 2024

Shipping Firms Continue to Pause Red Sea Shipments

© hit1912 / Adobe Stock

Global Denmark's Maersk and German rival Hapag-Lloyd said on Tuesday their container ships would continue to avoid the Red Sea route that gives access to the Suez Canal following a weekend attack on one of Maersk's vessels.Both shipping giants have been re-routing some sailings via Africa's southern Cape of Good Hope as Yemen-based Houthi militants attack cargo vessels in the Red Sea. The disruption threatens to drive up delivery costs for goods, raising fears it could trigger…

02 Jan 2024

CMA CGM Hikes Shipping Rates Between Asia and Mediterranean

© Björn Wylezich / Adobe Stock

Unlisted French shipping group CMA CGM increased its container shipping rates from Asia to the Mediterranean region by up to 100% as of Jan. 15 compared to Jan. 1, it said on its website on Tuesday.A CMA CGM spokesperson declined to provide further details on the rate hikes when contacted by Reuters.Shares in shipping companies have risen since attacks by Yemen-based Houthi militants on some vessels in the Red Sea on expectations that longer routes will result in higher freight rates.(Reuters - Reporting by Sybille de La Hamaide, editing by Tassilo Hummel)

27 Dec 2023

Shipping Firms Take First Steps Toward Red Sea Return

© Mariusz / Adobe Stock

France's CMA CGM is increasing the number of vessels travelling through the Suez Canal, it said on Tuesday, joining Maersk in returning to the area after U.S.-led efforts to prevent attacks.The world's top shipping companies, including Maersk and Hapag-Lloyd, stopped using Red Sea routes after Yemen's Houthi militant group began targeting vessels this month, disrupting global trade through the Suez Canal.Instead they have rerouted via southern Africa, a longer and more expensive journey.

26 Dec 2023

Shipping Companies Take First Steps Towards Red Sea Return

© Mariusz / Adobe Stock

France's CMA CGM is increasing the number of vessels travelling through the Suez Canal, it said on Tuesday, joining Maersk in returning to the area after U.S.-led efforts to prevent attacks.The world's top shipping companies, including Maersk and Hapag-Lloyd, stopped using Red Sea routes after Yemen's Houthi militant group began targeting vessels this month, disrupting global trade through the Suez Canal.Instead they have rerouted via southern Africa, a longer and more expensive journey.

26 Dec 2023

US Offshore Wind Poised for 2024 Success After Turbulent 2023

© Cavan / Adobe Stock

The U.S. offshore wind industry is eying a brighter 2024, with work expected to start on several projects following a year marked by stalled developments and billions of dollars in write-offs.The offshore wind industry is expected to play a major role in helping several states and U.S. President Joe Biden meet goals to decarbonize the power grid and combat climate change.But progress slowed in 2023 after offshore developers canceled contracts to sell power in Massachusetts, Connecticut and New Jersey…

21 Dec 2023

Cadeler and Eneti Complete Merger

(Photo: Cadeler)

Cadeler and Eneti have officially completed their merger, creating a leading offshore wind installation company.The New York- and Oslo-listed group will be named Cadeler and be headquartered in Copenhagen, Denmark, with offices across the world in Denmark, U.K., U.S., Taiwan, and Japan.Mikkel Gleerup, CEO of Cadeler, said, “This marks a historic moment for Cadeler and the entire offshore wind industry. We offer our partners and clients access to the strongest and most skilled team and the industry's largest, most flexible, most diverse, and modern fleet of windfarm installation vessels.

21 Dec 2023

Shipping Industry in the Dark Over US-led Red Sea Navy Force

(Photo: Samantha Alaman / U.S. Navy)

Shipping companies remain in the dark over a new international navy coalition being assembled by the United States to combat attacks in the Red Sea, with many vessels continuing to avoid the area or cancelling contracts, sources said on Wednesday.The sources, who include shipping and maritime security officials, say few practical details are known about the initiative launched on Tuesday by Washington or whether it will directly engage in the event of further armed attacks at sea.Iran-backed Houthi militants in Yemen have since Nov.

20 Dec 2023

US Gulf of Mexico oil Auction is Largest Since 2015

© arsenypopel / Adobe Stock

A Biden administration auction of Gulf of Mexico drilling rights raised $382 million on Wednesday as oil companies claimed offshore acreage for what is set to be the last time until 2025.The auction total was the highest of any federal offshore oil and gas lease sale since 2015, according to a Reuters tally.Shell, Hess, Anadarko, BP, Chevron, Repsol and Equinor were among the 26 companies that participated in the sale.Anadarko had the auction's highest bid of more than $25 million for a block in the deepwater Mississippi Canyon area, according to an online broadcast of the sale by the U.S.

18 Dec 2023

CMA CGM to Reroute Some of Its Ships via Cape of Good Hope

© Genya / Adobe Stock

French shipping group CMA CGM said on Monday that it is rerouting some of its vessels via Cape of Good Hope in the wake of attacks on commercial vessels in the Red Sea region.All other "CMA CGM containerships in the area that are scheduled to pass through the Red Sea have already been instructed to reach safe areas and pause their journey until further notice," the Marseille-based group said in a statement on their website.(Reuters - Reporting by Anirudh Saligrama, Editing by Franklin Paul)

08 Dec 2023

The Curious Case of the 1,200 MW Transmission Size “Limit” in New England

Copyright Herr Loeffler/AdobeStock

How the Maximum Contingency of 2,200 MW Was Recast to a 1,200 MW CeilingAs policy makers and energy developers look to develop and interconnect large offshore wind projects in the most economically efficient and least environmentally impactful way, an issue has developed. A relatively recent limit, set in place by the grid operator in New England in a planning process document, states that no single system loss of energy, or “contingency”, can be larger than 1,200 megawatts (MW). This 2016 addition to ISO New England’s (ISO-NE) Planning Procedure No.

07 Dec 2023

Structural Safeguards in Coast Guard Suspension and Revocation Proceedings

Chief Judge Brudzinski has been an Administrative Law Judge with the U.S. Coast Guard since 2003 and its Chief Administrative Law Judge since 2013.  He has lectured extensively and has authored many articles on Coast Guard suspension and revocation proceedings for MarineLink publications, among others. The opinions expressed in this article are the author’s alone and do not necessarily reflect the official policy of the U.S. Coast Guard

This article examines 10 structural safeguards in Coast Guard Suspension and Revocation (S&R) Proceedings that ensure Coast Guard Administrative Law Judge (ALJ) decisional independence. These safeguards separate potential agency influences from the ALJ decision making process and are critical to mariner due process and fundamental fairness. We will start with an overview of Coast Guard S&R proceedings, followed by brief discussions of the Administrative Procedure Act, Administrative Law Judges, and U.S. Office of Personnel Management oversight.

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