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Friday, May 10, 2024
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General Re News

09 May 2024

Tanker Crewmembers Plead Guilty to Environmental Crimes in the US

© Ghazanfar / Adobe Stock

Crewmembers from a Greek oil tanker have admitted to environmental crimes in U.S. waters, U.S. Attorney Philip R. Sellinger and Assistant Attorney General Todd Kim announced.Konstantinos Atsalis, the chief engineer on board the Kriti Ruby, admitted to charges related to the discharge of oily waste into the sea from a commercial vessel near a petroleum terminal in Sewaren, N.J. He and second engineer Sonny Bosito also admitted concealment of pollution from that vessel through the…

08 May 2024

Kongsberg Thrusters for Six Tunisian PA Tugs

Image courtesy Kongsberg Maritime

Kongsberg Maritime won a contract to supply azimuth thrusters to Turkish shipbuilder Med Marine, to power six new sterndrive tugs for the Tunisian port authority OMMP.The new tugs, of Robert Allan RAstar 2800 series design, are designed for a range of towing and harbor operations in Tunisian ports.Kongsberg Maritime will supply a pair of its US205 FP azimuth thrusters to each of the six 28-m vessels. The thrusters feature 2.8-m, fixed pitch propellers which will deliver efficient operation and enhanced maneuverability…

07 May 2024

IMO Plans Events for International Day for Women in Maritime

Source: IMO

The role women play in ensuring maritime safety will be celebrated worldwide by the IMO on this year's International Day for Women in Maritime. Observed globally each year on May 18, International Day for Women in Maritime aims to promote the recruitment, retention and empowerment of women in the sector, as well as a barrier-free work environment.Ahead of the day, the IMO will host an international symposium on Friday, May 17 at IMO headquarters in London, under the theme ‘Safe…

07 May 2024

Grady Hurley Elected President of Maritime Law Association of the US

Grady Hurley (Photo: Jones Walker LLP)

Grady Hurley, a partner and co-leader of the maritime litigation, arbitration, and dispute resolution team at Jones Walker LLP, has been elected president of the Maritime Law Association of the United States (MLA) during the organization’s general meeting held in New York City on May 3, 2024.Hurley is the fourth president elected from New Orleans during the MLA’s 125-year history. He most recently served as the organization’s first vice president.“I am privileged to serve as the…

06 May 2024

Taylor Smith Shipyard Partners with Nouum Engineering on Engine Overhauls

Willy van Niekerk, General Manager of TSS

South African Nouum Engineering, a provider of diesel engine services for marine, power, locomotive and generators globally, and Mauritius-based ship repair and conversion yard Taylor Smith Shipyard (TSS) have signed a cooperation agreement, expanding both companies’ commercial and operational scopes.As a part of the agreement, Nouum Engineering will be focusing on the repair and maintenance of marine engines and related equipment, such as turbochargers and automation systems, a growth market for Taylor Smith Shipyards.

05 May 2024

Meyer Turku Group Increases Turnover

Source: Meyer Turku

Meyer Turku Group's results for 2023 indicate the company's turnover was 1.43 billion euros, which means a growth of 10.6% compared to the previous year.Both the turnover and the number of personnel have been growing for three consecutive years. The loss for the financial year 2023 was 103.8 MEUR (i.e. -7.2% of the turnover).The fiscal year 2023 of the shipyard company was affected by the ship deals that were closed before the covid pandemic, the new prototype ship project and the loss provision for the ship to be delivered in 2024.Beyond that…

05 May 2024

Esgian Week 18 Report: Confirmations, Terminations and Suspensions

© Arild / Adobe Stock

Esgian reports an eventful week with contract confirmations, terminations and suspensions in its Week 18 Rig Analytics Market Roundup.Report SummaryContractsBurullus Gas Company, the self-operated joint venture between Shell Egypt, the Egyptian Natural Gas Holding Company (EGAS), the Egyptian General Petroleum Corporation (EGPC) and Petronas, has agreed to move forward with the development of Phase 11 in Egypt's Nile Delta in the Mediterranean Sea.QatarEnergy has exercised a one-year option for Borr Drilling 400-ft jackup Groa…

02 May 2024

BAE Systems Wins $87 Million Contract to Upgrade USS Carter Hall

File photo: USS Carter Hall (LSD 50) (Photo: Tommy Lamkin / U.S. Navy)

The U.S. Navy has awarded BAE Systems a contract worth more than $87 million for repair work aboard the dock landing ship USS Carter Hall (LSD 50).The nearly 30-year-old vessel will undergo a year of restorative work at BAE Systems’ shipyard in Norfolk, Va., which is also the ship’s homeport. The company said it will begin working aboard the 610-foot-long ship in July 2024, performing a combination of maintenance and preservation work on the ship’s hull, its internal fuel and ballast tanks and the engineering plant.

02 May 2024

Maritime Trafficking: How Balkan Gangsters Became Europe's Top Cocaine Suppliers

© Roger / Adobe Stock

In 2018, convicted cocaine trafficker Slobodan Kostovski fled a Brazilian prison and made his way back to Europe with a fake passport.The Serbian senior quickly fell into old habits, police allege. Last August, Kostovski was arrested in Belgrade, accused of shipping 2.7 metric tonnes of cocaine from Brazil aboard a 22-meter vessel apprehended near Spain’s Canary Islands.Nicknamed “the General” by his associates, he had been trafficking “large amounts” of powder to “Europe for a long period of time,” Serbian police wrote in a 2022 intelligence report obtained exclusively by Reuters.

02 May 2024

Shipbuilder HII Beats Q1 Estimates

(Photo: Ashley Cowan / HII)

Huntington Ingalls Industries (HII) reported a better-than-expected quarterly earnings on Thursday, on the back of demand for aircraft carriers, amphibious assault ships and submarines amid high geopolitical tension.Demand for submarines and aircraft carriers is surging, fueled by China's expanding naval footprint and high global tensions, benefiting shipbuilding giants such as Huntington Ingalls.Huntington is the only major pure-play defense company that has outperformed S&P 500 index…

02 May 2024

Arctic in Focus at MRS '24

Copyright wifesun/AdobeStock

At the Maritime Risk Symposium 2024, scheduled for June 11-13 at Naval Postgraduate School, Monterey, CA, RADM Matt Bell, USCG (Ret.) facilitates a panel entitled: Multi-Service and Maritime Industry Collaboration in the Arctic, to better understand how the changing dynamics in the Arctic region will necessitate increased collaboration between the maritime services and industry to mitigate the risks of Arctic maritime operations. Joining RADM Bell on the panel are:RADM Megan Dean, Commander, U.S.

01 May 2024

Crowley Reaches Labor Deal for Isla Grande Terminal in Puerto Rico

(Photo: Crowley)

Crowley and Teamsters Union Local 901 have reached a new labor agreement to extend their longtime partnership into its sixth decade serving the shipping and logistics needs of Puerto Rico.The agreement, recently ratified by union members, covers the 200 employees who work at Crowley’s Isla Grande Terminal in San Juan until 2029. Employees there serve as port equipment operators, truck drivers and support operations in various other roles important to safe and reliable operations.“We have successfully worked with the Teamsters Union to provide safe…

01 May 2024

Scandlines Announces Executive Management Changes

Eric Gregoire (Photo: Scandlines)

Ferry operator Scandlines announced changes to its executive management team, hiring Eric Gregoire and Mikael Koch Jensen to join the company as CEO and CFO respectively.Gregoire will start in July 2024 and comes from a position as CEO of Goodpack Pte Ltd. in Singapore. He has previously held positions at several international companies such as General Electric and DuPont.“Scandlines is strongly positioned for the future as an innovative and competitive provider of maritime transport between Germany and Denmark.

30 Apr 2024

INTERCARGO Publishes First ESG Review

Source: INTERCARGO

The evolving environmental, social and governance (ESG) agenda is a roadmap for thriving amidst challenges and securing sustainable success, says The International Association of Dry Cargo Shipowners (INTERCARGO) on publishing its first ESG Review.Kostas Gkonis, INTERCARGO Secretary General advised that a forward-looking attitude is certainly required when addressing key aspects shaping the future of maritime operations and the dry bulk shipping sector more particularly. “Dry bulk shipping should embrace the ESG agenda as a catalyst for innovation…

29 Apr 2024

Fisherman Adrift in Java Sea Rescued by Wallem Crew

The Wallem-managed ship Angleviken rescued a fisherman off Indonesia on April 20th. Image courtesy Wallem

A ship under the management of Wallem Group rescued a man who had been adrift in the Java Sea for two days last week after he had jumped from a fishing vessel, reportedly in preference to continuing to work without pay.The man was picked up by Angleviken as the LR2 tanker approached anchorage at Balongan, Indonesia on 20th April, after Capt. Bhanu Kundi sighted a floating object approx. 20 degrees port, at approx. 2.5 nm ahead of the vessel and distance from nearest land approx. 12 nm from the ship at 12.30 local time.

28 Apr 2024

Sudden Influx of Tonnage to Ship Recyclers

Source: GMS

On the back of freight markets that are finally facing their first set of 2024 jitters, the industry is gradually witnessing an increasing number of units being proposed for a recycling sale, all of which are being confirmed via the sudden influx of tonnage at the Indian and Bangladeshi waterfronts this week, reports cash buyer GMS.This coms just as the Pakistani market (as expected) starts to fall behind on its domestic arrivals. At this rate, India looks set to sneak past the Pakistani market in the rankings…

28 Apr 2024

IACS Details Efforts on Decarbonization and Digitalization in Annual Review

© Kalyakan / Adobe Stock

The International Association of Classification Societies (IACS) has published its 2023 IACS Annual Review which includes a broad range of articles highlighting IACS’ work in 2023, with a strong emphasis on the significant advancements made in alternative fuels.This includes the development of a new Unified Requirement on the release of ammonia from ammonia fuelled vessels, and the newly established Safe Digital Transformation Panel that focuses on the safety implications of increasingly digitised ships…

26 Apr 2024

Kruger Named President of Austal USA

Michelle Kruger was named President of Austal USA. Photo courtesy Austal USA

The Austal USA Board of Directors has elected Michelle Kruger as Austal USA President. She has been serving as interim president since August 2023.Kruger joined Austal USA in 2022 as the vice president of global services and support. In that role she led Austal USA’s ship repair and warranty efforts including the development of business strategy and strategic alliances. She also oversaw the stand up of Austal USA’s San Diego repair yard including the delivery of a purpose-built 9000-tonne capacity dry dock.

29 Apr 2024

SOVs – Analyzing Current, Future Demand Drivers

Norwind Offshore service operation vessel ‘Norwind Breeze’ in the port of Emden
Copyright Björn Wylezich/AdobeStock

At a high-level, there are three solutions to transferring technicians from shore bases to offshore wind farms for construction and O&M activities: crew transfer vessel (CTV), helicopter, and SOVs/CSOVs.SOVs and CSOVs generally house 60-120 technicians offshore for a few weeks at a time, allowing them to transfer to structures on integrated heave compensated gangways, by daughter craft or on CTVs. The vessels are also equipped with cranes, storage, and small workshop areas.SOV: Service operations vessels…

25 Apr 2024

European Shipowners Welcome 40% Production Benchmark for Clean Fuels

Source: ECSA

The last plenary of the European Parliament in Strasbourg has adopted a new law which aims to scale up industrial capacity for green technologies in Europe.European shipowners strongly welcome the inclusion of clean fuels for shipping, including advanced biofuels and e-fuels, in the list of net-zero technologies adopted under the Net-Zero Industry Act. The new law introduces a benchmark for the Commission and the EU Member States to match 40% of the deployment needs for clean fuels for shipping with production capacity.

25 Apr 2024

US Military Starts Pier Construction off Gaza

Strategic Sealift Officer Lt. David Gill runs radio tests in the bridge of Military Sealift Command large, medium-speed roll-on/roll-off (LMSR) vessel USNS Benavidez (T-AKR 306) (Source US Department of Defense 2019)

U.S. troops have begun construction of a maritime pier off the coast of Gaza that aims to speed the flow of humanitarian aid into the enclave when it becomes operational in May, the Pentagon said on Thursday.President Joe Biden announced the pier in March as aid officials implored Israel to ease access for relief supplies into Gaza over land routes. Whether the pier will ultimately succeed in boosting humanitarian aid is unclear, as international officials warn of the risk of…

25 Apr 2024

Russia Reinsurer Backs Firms to get India Marine Insurance Permit

By Maksym Yemelyanov

Russia's state-owned reinsurer has given financial backing to three Russian insurance firms, allowing them to get Indian approval to provide marine insurance cover to tankers, two sources said, as Moscow seeks to facilitate trade with India amid Western sanctions.A raft of sanctions by the U.S. and allies against Moscow over its Ukraine invasion, along with tighter scrutiny of Russian oil trade, has almost cut Russia off from the global network of service providers such as insurers and brokers.Russian companies Sogaz Insurance…

25 Apr 2024

Philly Shipyard Exploring Collaboration Opportunities with Hyundai Heavy Industries

(Photo: Philly Shipyard)

U.S. shipbuilder Philly Shipyard announced it has signed a memorandum of understanding (MOU) with the world's largest shipbuilding group, South Korea's HD Hyundai Heavy Industries (HHI), to explore a potential business relationship relating to future U.S. government shipbuilding projects as well as maintenance, repair and overhaul (MRO) projects.The MOU was signed during a visit from HHI to Philly Shipyard on April 12, 2024 and was attended by officials from both companies, including Dr. Won ho Joo, Chief Executive of Naval and Special Ship Business Unit of HHI, and Mr.