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Thursday, April 18, 2024
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Christopher News

11 Apr 2024

Demand for New Car Carriers Surges on China's EV Export Boom

© AU USAnakul+ / Adobe Stock

Chinese automakers and shippers are ordering a record number of car-carrying vessels to support a boom in EV exports, data showed, putting China on course to amass the world's fourth-largest fleet by 2028.China currently has the world's eighth-largest fleet with 33 car-carrying ships, showed data from shipping consultancy Veson Nautical. Japan has the world's largest with 283 ships, followed by Norway's 102, South Korea's 72 and Isle of Man's 61.But Chinese companies have 47 ships on order, accounting for a quarter of all orders globally.

07 Apr 2024

Houthis Say They Targeted Western Ships

Source: CENTCOM

Houthi forces in Yemen said on Sunday they had launched rockets and drones at British, U.S. and Israeli ships, the latest in a campaign of attacks on shipping in support of Palestinians in the Gaza war.The Iran-aligned group said it had targeted a British ship and a number of U.S. frigates in the Red Sea, while in the Arabian Sea and Indian Ocean it had attacked two Israeli vessels heading to Israeli ports.The operations took place during the last 72 hours, Houthi military spokesperson Yahya Saree said in a televised statement…

04 Apr 2024

Baltimore Shipping Set to Resume by End of April

Source: Keybridgeresponse2024

The U.S. Army Corps of Engineers said Thursday it expects to open a new channel to the Port of Baltimore by the end of April, freeing up commercial shipping blocked by a collapsed bridge, and then restore port access to full capacity by the end of May.The main channel has been blocked by wreckage since the fully loaded container ship Dali lost power and rammed into a support column of the Francis Scott Key Bridge on March 26, killing six road workers and causing the highway bridge to tumble into the Patapsco River.The Army Corps…

04 Apr 2024

Mack Boring Promotes Ponnwitz to Lead New Sustainable Energy Division

Christopher Ponnwitz (Photo: Mack Boring & Parts Co.)

Somerset, N.J. based Mack Boring & Parts Co. has promoted Christopher Ponnwitz to the role of Chief Commercial Officer of Mack Sustainable Energy, a new division for the company.“I am very happy to announce that Chris has moved into this new role, where he will be leading our efforts to further expand and grow the electric marine market, particularly with the ePropulsion product line,” said Patrick McGovern, President and CEO of Mack Boring. “Chris has been an exemplary leader for our company, and he’s a fast learner who has been working relentlessly to promote electric propulsion.

02 Apr 2024

Austal Rejects Hanwha's $662 Million Takeover Offer

File photo courtesy Austal USA

Australian shipbuilder Austal said on Tuesday it had rejected an A$1.02 billion ($662 million) takeover offer from South Korea's Hanwha Ocean as it was unlikely to be approved by Australian and U.S. regulators due to the sensitivity of its operations.The Western Australia-based firm said it had received a bid at A$2.825 per share, representing a premium of 28.4% to Austal's last closing price.Austal's shares rose 8.2% in early trade, while the Australian S&P/ASX200 index was flat.The…

01 Apr 2024

Austal Rejects Hanwha's $662 Million Offer

Source: Austal

Australian shipbuilder Austal said on Tuesday it had rejected an A$1.02 billion ($662 million) takeover offer from South Korea's Hanwha Ocean as it was unlikely to be approved by Australian and U.S. regulators due to the sensitivity of its operations.The Western Australia-based firm said it had received a bid at A$2.825 per share, representing a premium of 28.4% to Austal's last closing price.Austal's shares rose 8.2% in early trade, while the Australian S&P/ASX200 index .AXJO…

28 Mar 2024

Asia Crude Imports Surge as China, India Snap Up Russian Oil

© Igor Groshev / Adobe Stock

Asia's imports of crude oil are expected to rise to the highest in 10 months as heavyweights China and India lifted arrivals from Russia, but impending maintenance schedules and rising prices mean such levels may not be sustained.The world's top importing region is forecast to see arrivals of 27.48 million barrels per day (bpd) in March, up from 26.70 million bpd in February and January's 27.18 million bpd, according to data compiled by LSEG Oil Research.The bulk of oil arriving in March was arranged before the current increase in prices…

26 Mar 2024

Shipping Industry Faces Fuel Dilemma in Bid to Cut Emissions

© Yellow Boat / Adobe Stock

The shipping industry is under increasing pressure to decarbonize, but unclear regulatory guidelines, including around what sorts of cleaner fuels large vessels should run, is complicating that path to net zero, according to executives.Global shipping firms are looking for ways to lower their carbon footprints, particularly as the International Maritime Organization (IMO), which regulates the global shipping industry, is being pushed to implement a charge on the sector's greenhouse gas emissions.The IMO's Maritime Environment Protection Committee concluded its 81st meeting last week…

25 Mar 2024

ABS Head Wiernicki Sees Global Carbon Tax on Shipping on the Horizon

© Kara / Adobe Stock

ABS chairman and CEO, Christopher J. Wiernicki, said he sees a universal, global carbon tax on shipping on the horizon, as alternative blue fuels made with carbon capture emerge as a growing part of the maritime industry's ongoing energy transition.“We need to recognize that there is an intermediate step in the energy transition,” Wiernicki said during an appearance at the CERAWeek energy conference. “Last year the conversations were focused on going from oil to a green fuel economy.

14 Mar 2024

Hapag-Lloyd to Seek Cost Cuts After Net Profit Slump

© olrat / Adobe Stock

German container shipper Hapag-Lloyd said on Thursday the global oversupply of container ships and a crisis in the Red Sea will force it to cut costs in 2024, adapting sailings and ports following a bruising 83% fall in net profit.Ship operators face prolonged disruption while Yemen-based Houthi militants are attacking vessels travelling on one of the world's busiest routes, wiping out the benefit from higher freight rates with costly redirections around Africa.Hapag-Lloyd's problems chime with those of competitors such as Maersk and CMA CGM, exacerbated by the arrival of additional ships orde

13 Mar 2024

Second Russian Tanker, Hit by Sanctions, Docks in China

© Nightman1965 / Adobe Stock

Russian tanker Krymsk, hit by sanctions, docked on Wednesday at the Chinese port of Dongying in eastern Shandong province, home of independent refiners, to discharge 700,000 barrels of Russian Sokol crude, LSEG and Kpler shipping data showed.This is the second Russian oil tanker, hit by sanctions, to dock at Chinese ports this month. Last week, tanker Liteyny Prospect discharged its 700,000-barrel Sokol crude cargo at the Chinese port of Huanghua near Cangzhou city in Hebei province.The Dongying port authority declined comment when contacted by Reuters.

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)…

05 Mar 2024

Ukraine Says it Sunk a Russian Patrol Ship Near Crimea

(Photo: Ukraine Defense)

Ukrainian sea drones hit and sank a Russian Black Sea Fleet patrol ship off occupied Crimea in an overnight attack, the Ukrainian military said on Tuesday.Ukraine's GUR military intelligence agency said a special unit called Group 13 had fired Magura V5 maritime drones at the Sergey Kotov near the Kerch Strait, which connects the Sea of Azov to the Black Sea.It said on the Telegram messaging app that the vessel had sustained damage to the stern, starboard and port sides, at an estimated cost of $65 million."Right now this ship is on the seabed as a result of fire damage by unmanned boats…

05 Mar 2024

Ukrainian Sea Drones Damage Russian Black Sea Fleet Patrol Ship Near Crimea

© Peter Cripps / Adobe Stock

Ukrainian sea drones damaged a Russian Black Sea Fleet patrol ship off occupied Crimea, Ukrainian military intelligence said on Tuesday.The intelligence agency said on Telegram messaging app that its special unit Group 13 attacked the Russian Black Sea Fleet patrol ship Sergey Kotov near the Kerch Strait."As a result of a strike by Magura V5 maritime drones, the Russian ship Project 22160 Sergey Kotov sustained damage to the stern, starboard and port sides," it said. The message added that the ship was worth about $65 million.Andriy Yermak…

04 Mar 2024

Chief of Naval Operations Tours Austal USA

Source: Austal USA

Austal USA welcomed Chief of Naval Operations Admiral Lisa Franchetti and Assistant Commandant of the Marine Corps General Christopher Mahoney to the company’s Mobile, Ala. shipyard on March 4. They were joined by Senator Roger Wicker, Congressman Jerry Carl, and Rear Admiral Tom Anderson, Program Executive Officer Ships.The visitors witnessed Austal USA’s focus on innovation, adherence to proven processes, and continued investment in the company’s people and facilities to meet the emerging needs of the Navy and Marine Corps.

27 Feb 2024

Preparing for Change, ABS Enhances the Marine Vessels Rules Book

Copyright KengVit14/AdobeStock

As maritime faces transcendent changes in regards to decarbonization, digitalization and automation, innovators from inside and outside of the industry will be challenged to deliver new applications and technologies with increased speed and frequency. Sitting at the center of the innovation storm are classification societies, and earlier this year the American Bureau of Shipping (ABS) became the first classification society to incorporate goal-based standards throughout major rule sets, enhancing its ability to handle the increasing flow of novel concepts and new technologies.

15 Feb 2024

ABS Opens LNG Academy in Qatar

(Credit: Screenshot/ABS Video)

American Bureau of Shipping (ABS) has inaugurated the ABS Global LNG Academy, a cutting-edge training center dedicated to using the latest techniques to educate mariners in modern liquefied natural gas (LNG) vessel operations.Located in Doha and supported by QatarEnergy, the Academy is a coordinated effort with industry partners, who are working together to make the ABS LNG Academy the global epicenter for LNG-related training and development. Establishing the training center is also a key part of ABS’ support of Qatar’s National Vision 2030 and the Tawteen Program…

12 Feb 2024

Houthis Target Cargo Ship Bound for Iran

© Sergey Zhmurchak / Adobe Stock

Yemen's Iran-aligned Houthis have targeted a cargo ship in the Red Sea which shipping analysts said on Monday had been carrying corn to Iran.It appeared to be the first time the Houthis have targeted an Iran-bound vessel since starting attacks on international shipping in solidarity with Palestinians over the Israel-Hamas war in Gaza, shipping sources said.A U.S. defence official said it was likely that the ship had been targeted but not hit, but provided no further comment. Earlier…

06 Feb 2024

Birdon Acquires Metal Shark's Bayou La Batre Shipyard

(Photo courtesy Birdon Group)

Australia's Birdon Group announced its U.S. subsidiary has reached a deal to acquire Metal Shark Boats' shipyard in Bayou La Batre, Ala.Birdon America said it will utilize the 32-acre facility for vessel repair work as well as newbuild activity, including construction of the U.S. Coast Guard's $1.187 billion 27-vessel Waterways Commerce Cutter (WCC) Program awarded to Birdon in 2022.Birdon Group CEO, Jamie Bruce, said, “The investment in this facility will not only ensure we deliver on our promise to the U.S.

02 Feb 2024

Australian Livestock: Second Vessel Heads to Red Sea

Bahijah and Jawan in Fremantle (Source: Michael Mondello)

A ship carrying 16,000 sheep and cows that turned back from the Red Sea due to the risk of attack off Yemen was stranded at an Australian port in a heatwave on Friday as the exporter sought to offload at least some of the animals into quarantine.Meanwhile, another vessel carrying an even larger cargo - tens of thousands of animals - from Australia sailed for a Red Sea port in Jordan, with a contingency plan to unload them in the Gulf if it fails to obtain permission to enter the…

02 Feb 2024

OSV Owners Reap the Rewards of Data Sharing

L to R: Greg Trauthwein, President, New Wave Media; Eric Griffin, Vice President, Offshore Energy & Fishing, Inmarsat; Maritime Ron Welles, C-Comm Manager, Marine Technologies; Kyle Pemberton, Manager of Engineering, SEACOR; Dain Detillier, Executive Vice President – LNG Operations, Harvey Gulf International Marine.Image courtesy Eric Haun.

A ‘Connected Future’ seminar, organized by Inmarsat in collaboration with Maritime Reporter & Engineering News and moderated by Greg Trauthwein, encapsulated the critical roles technology and data sharing play in enabling more efficient and sustainable workboat operations, and in improving conditions for crew.Insights from leading Offshore Supply Vessel owners and operators capture the extent to which technology and data sharing are driving greater efficiency, sustainability and…

02 Feb 2024

IWS to Provide CSOV Fleet for Siemens Gamesa Offshore Wind Projects

Credit: IWS

Integrated Wind Solutions (IWS) has, through its wholly-owned subsidiary IWS Fleet, entered into a frame term agreement with Siemens Gamesa to provide its commissioning service operation vessel (CSOV) fleet for offshore wind farms in North Europe.IWS Fleet will, under the agreement, provide the Skywalker-class walk-to-work CSOVs to support offshore turbine commissioning works across multiple Siemens Gamesa offshore projects in North Europe over a three-year period starting in 2025.The minimum commitment under the charter agreement covers about 1…

22 Jan 2024

New Zealand to Send Defence Team to Support Red Sea Security

© hack_cg / Adobe Stock

New Zealand will deploy a six-member defence team to the Middle East as part of an international coalition to uphold maritime security in the Red Sea, Prime Minister Christopher Luxon said on Tuesday.The United States and Britain have been carrying out air strikes against the Iranian-allied Houthi group in Yemen, who have been targeting civilian ships in the Red Sea for weeks in what they say is a protest against Israel's military campaign in the Gaza Strip."Houthi attacks against commercial and naval shipping are illegal…