Marine News' 2024 US Shipbuilding Report
If nothing else, building vessels in the U.S. is a complicated business.In a session on the domestic shipbuilding marketplace, at Marine Money’s late-November 2023 conference held in New Orleans, Ben Bordelon, president and CEO of Bollinger Shipyards (with more than a dozen facilities, in Mississippi and Louisiana), described his company’s architecture as a “three-legged stool approach: commercial newbuilds, government newbuilds and repair/conversion capabilities”.On the same panel…
Stena Bulk Sells LNG Carrier Stena Blue Sky
Tanker shipping company Stena Bulk on Thursday announced the sale of the liquefied natural gas (LNG) carrier vessel Stena Blue Sky to an undisclosed Asian buyer.The sale of Stena Blue Sky follows the recent announcement that Stena Bulk had sold two LNG carriers to BW LNG.The successful transfer of Stena Blue Sky has already taken place. The vessel was delivered on April 18 in Singapore.Originally built in 2006 by Daewoo Shipbuilding & Marine Engineering (DSME) in South Korea, Stena Blue Sky has a carrying capacity 145…
Baltimore's Alternate Shipping Channels Not Deep Enough, Maersk Says
The Baltimore port's alternate shipping channels are not deep enough to accommodate the oceangoing container vessels that Maersk and other carriers use, the Danish shipping group said in a statement on Wednesday.A container vessel chartered by Maersk collided with a major bridge in the U.S. port of Baltimore's harbor last month, causing the structure to collapse.
Crew of Ship Seized by Iran Are Safe, Operator MSC Says
The 25 crew members of the MSC Aries, which was seized by Iran on April 13, are safe, shipping firm MSC said on Wednesday, adding that discussions with Iranian authorities are in progress to secure their earliest release."We are also working with the Iranian authorities to have the cargo discharged," the Swiss headquartered company said in a statement.Iran's Revolutionary Guards seized the container vessel in the Strait of Hormuz days after Tehran vowed to retaliate for a suspected Israeli strike on its consulate in Damascus on April 1.
Eureka Shipping Orders Cement Carrier for Great Lakes Trade
Eureka Shipping announced it has ordered a new cement carrier from Holland Shipyard Group in the Netherlands for scheduled for delivery in 2025.Eureka Shipping, jointly owned by SMT Shipping and The CSL Group, said the 12,500 dwt mechanical/pneumatic cement ship will replace two older vessels in the Great Lakes region while maintaining the same cargo capacity for operations.The newbuild will be fitted with a diesel-electric a propulsion system consisting of four generator sets…
Portugal Urges Iran to Release Containership MSC Aries
Portugal's foreign ministry summoned Iran's ambassador on Tuesday to condemn Saturday's attack on Israel by Tehran and to demand the immediate release of a Portuguese-flagged container ship, the MSC Aries, that was seized by Iran on April 13.The ministry said in a statement after the meeting that it "will await the results of this formal measure and evaluate any additional steps, depending on those".It said Portugal had demanded the release of the crew "as explanations provided so far have not been considered consistent"…
South Koreans Still Seek Answers 10 Years After Sewol Ferry Disaster
South Korea remembered the 304 people, most of them school children, who died on the Sewol ferry on the 10th anniversary of its sinking on Tuesday, with families calling for a proper apology for the unnecessary deaths of their loved ones.Many parents attended a memorial service in the city of Ansan, home of the 250 children who died on the ferry during a school excursion, while another 37 family members boarded a Coast Guard ship that sailed to the scene of the disaster, marked by a lone buoy…
Broker Howden Launches Red Sea Cargo War Insurance as Ship Risks Surge
Howden has started offering war risk cargo insurance to cover vessels sailing through the Red Sea against drone and missile attacks as geopolitical tensions escalate in the region, the UK-based insurance broker told Reuters on Tuesday.The cost of insuring a seven-day Red Sea voyage has risen by hundreds of thousands of dollars since Yemen's Iran-aligned Houthis began attacking shipping in the area in November in a show of solidarity with Palestinians in Gaza.Howden said the new…
IMO's Facilitation Committee Revised MASS Roadmap
The IMO's Facilitation Committee held its 48th session (FAL 48) from April 8 to 12, in person at IMO Headquarters in London.The Facilitation Committee (FAL) meets annually to deal with matters related to the facilitation of international maritime traffic, including the arrival, stay and departure of ships, persons and cargo from ports. The Committee also addresses electronic business and aims to ensure that the right balance is struck between regulation and the facilitation of international maritime trade.
Keel Laid for US Navy's First Constellation Frigate
The U.S. Navy on Friday celebrated the keel laying of the lead ship of the Constellation class of guided-missile frigates, the future USS Constellation (FFG 62), at the Fincantieri Marinette Marine shipyard in Marinette, Wis.Secretary of the Navy Carlos Del Toro and Chief of Naval Operations Adm. Lisa Franchetti participated in the ceremony along with Wisconsin governor Tony Evers and Fincantieri Marine Group CEO Marco Galbiati.Hundreds of FMM shipbuilders gathered with guests inside the shipyard’s massive new climate-controlled Building 34…
Iran Says MSC Aries Vessel Seized for 'Violating Maritime Laws'
A Portuguese-flagged container ship, the MSC Aries, was seized by Iran on April 13 for "violating maritime laws", Iran's foreign ministry said on Monday, adding that there was no doubt the vessel was linked to Israel.Iran's Revolutionary Guards seized the cargo vessel in the Strait of Hormuz days after Tehran vowed to retaliate for a suspected Israeli strike on its consulate in Damascus on April 1. Iran had said it could close the crucial shipping route."The vessel was diverted…
FBI Opens Criminal Probe Into Deadly Baltimore Bridge Collapse
The FBI said on Monday it opened a criminal probe into the collapse of a Baltimore bridge in March when a ship crashed into a bridge support, while local officials confirmed the recovery of a fourth body from the incident.FBI agents boarded the cargo ship Dali to conduct court-authorized law enforcement activity regarding the crash, an FBI spokesperson said. The spokesperson said there was no other public information available and the bureau will have no further comment.The body…
MOL Ups Offshore Wind Game with New Deals
Mitsui O.S.K. Lines (MOL) has signed a basic contract for the marine transport of offshore wind components with JFE Engineering Corporation, while also agreeing to build a new module carrier vessel with Taizhou Sanfu Ship Engineering.This will be first coastal module carrier in Japan to transport components for offshore wind turbine foundation components, according to MOL. MOL DrybulkThe vessel is scheduled for delivery in the spring of 2026, and will then engage in the coastal transport of offshore wind turbine foundations from JFE Engineering's manufacturing base in Kasaoka-shi…
Vessel Seized by Iran is Managed by MSC
MSC is the manager and commercial operator of a vessel seized on Saturday by Iranian authorities, international shipping company Zodiac Maritime said in a statement."MSC is responsible for all vessel activities including cargo operations and maintenance. Title to the vessel is held by Gortal Shipping Inc as financier, and she has been leased to MSC on a long-term basis. Gortal Shipping Inc is affiliated with Zodiac Maritime," said the company, partly owned by Israeli businessman…
Ten Years After South Korean Ferry Disaster, Mothers Express Their Grief On Stage
For Lee Mi-kyung, whose son was one of the 250 children who died in South Korea's Sewol ferry disaster 10 years ago, coping with the grief and anger has been incredibly hard. She works through her pain on stage."I will no longer hide in darkness, nor be defeated by sorrow, nor cry in despair," Lee, 58, declares in a play in which seven mothers of children who died in the tragedy portray their journey of mourning.The play is one of five that Lee and other mothers have performed over the past eight years…
Svitzer Europe Names Sara Gerdner Kalle CCO
Marine towage provider Svitzer Europe announced it has appointed Sara Gerdner Kalle as its new Chief Commercial Officer, effective April 1, 2024. With a background spanning nearly 25 years in the logistics and supply chain industry, Gerdner Kalle will lead the Commercial function for Svitzer Europe, focusing on nurturing long-term stakeholder relationships, spearheading commercial development, and driving growth initiatives. The company said she will be pivotal in harnessing Svitzer’s commitment to digitalization to help the business and its customers to move forwards to deliver safe…
US Forces Engage Houthi UAVs
The U.S. Central Command (CENTCOM) said in a statement that its forces had successfully engaged three unmanned aerial vehicles (UAVs) launched from Houthi-controlled areas of Yemen over the Gulf of Aden and Red Sea.There were no injuries or damage reported by U.S., coalition, or commercial ships, the statement added.U.S. forces also destroyed eight UAVs in Houthi-controlled areas of Yemen later on April 10, the statement said.(Reuters - Reporting by Ahmed Tolba and Enas Alashray; Editing by Kim Coghill)
Iran Says It Can Close Strait of Hormuz
The commander of Iran's Revolutionary Guard's navy said on Tuesday Israel's presence in the United Arab Emirates was viewed as a threat by Tehran and it could close the Strait of Hormuz if deemed necessary.Iran has threatened to retaliate for suspected Israeli airstrikes on its consulate in Syria's capital on April 1 that killed seven Revolutionary Guards officers including two senior commanders - stoking tensions between the arch enemies already heightened by the Israel-Hamas war in Gaza."We do not get hit without striking back…
Wallenius Wilhelmsen Scoops New Contract Valued Over $1B
Wallenius Wilhelmsen, the world’s largest RoRo vessel operator, has signed a multi-year contract with a leading global player in the premium car segment, valued at more than $1 billion.Spanning three years, the contract covers both shipping and logistics services, as well as the use of biofuel.The contract started between January and April 2024 with rates in line with current market levels, and also entails a mutual two-year extension option. “We see manufacturers shifting priorities and increasingly looking for solutions which provide predictability in their supply chains.
Xeneta: Baltimore Bridge Collapse has not Triggered Increase in Shipping Rates
The collapse of the Francis Scott Key Bridge in Baltimore has caused supply chain disruption on the US East Coast but, so far, it has not seen an increase in ocean freight container shipping rates.Data released Monday by Xeneta reveals average spot rates from the Far East into the US North East Coast (including Baltimore) have fallen slightly (-1%) since the bridge collapse on March 26 to stand at USD 5,421 per FEU (40ft shipping container).When including other US East Coast ports such as New York / New Jersey…
Singapore Trials Charging Point at Marina South Pier
The Maritime and Port Authority of Singapore (MPA) has launched the first pilot trial for electric harbor craft charging point at the Marina South Pier (MSP).The charging point was awarded to the Pyxis Energy, Pyxis Maritime, and SP Mobility partnership. Pyxis’s fleet of electric harbor craft operating at MSP will serve as the base offtake to ensure optimization of the charging infrastructure.The Pyxis and SP Mobility partnership has deployed a 150kW land-based direct current fast charger with a Combined Charging System 2 connector at MSP.
SunStone’s Ocean Victory Takes on New Summer Charter
SunStone Maritime Group has announced the long-term summer charter of the Infinity vessel, Ocean Victory, with a new client.From April 2025, the Ocean Victory will be trading in the Mediterranean Sea during northern hemisphere summer seasons for Spanish luxury cruise operator, Alma Cruceros.Alma Cruceros is a Spanish operator planning itineraries covering Spanish destinations in the Mediterranean, as well as Northern and Western Africa and the Canary Islands. The cruise product will be designed for Spanish speaking passengers in all areas from music…
IMO Facilitation Committee to Discuss Autonomous Shipping
The IMO Facilitation Committee will meet in person at IMO Headquarters in London for its 48th session (FAL 48) from April 8 to 12 to discuss issues related to autonomous shipping; prevention of illegal wildlife trafficking on ships; digitalization initiatives and the implementation of the Maritime Single Window and Port Community Systems.The Facilitation Committee (FAL) will continue discussions around regulating commercial vessels that can operate independent of human interaction - Maritime Autonomous Surface Ships (MASS).