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Friday, April 19, 2024
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Jan News

18 Apr 2024

DEME’s Orion Vessel Heads to US After Finishing Scottish Offshore Wind Job

DEME's Orion vessel (Credit: DEME)

DEME’s DP3 offshore installation vessel Orion has departed for the United States to prepare for the installation of 176 foundations on the Coastal Virginia Offshore Wind (CVOW) project, following the wrap up of works at the 882 MW Moray West offshore wind farm in Scotland.DEME’s flagship Orion vessel has completed monopile installation works on Ocean Winds’ Moray West offshore wind farm project in Scotland.Despite harsh winter conditions, DEME managed to install 29 monopiles in approximately two months.Meanwhile…

03 Apr 2024

Wallenius Wilhelmsen Sees Up to $10 Million Hit from Baltimore Disaster

© Björn Wylezich / Adobe Stock

Norwegian car shipping firm Wallenius Wilhelmsen estimates a $5 million to $10 million hit to core earnings from last week's U.S. Baltimore bridge collapse and expects the key ship channel to be closed for weeks, it said on Wednesday.The company said its vessel Carmen - which according to shipping data is among the biggest car carriers in its fleet - remained stuck in Baltimore's port, with the ship and its crew ready to sail as soon as the channel was reopened.Recovery teams opened a second channel enabling smaller vessels to navigate the Port of Baltimore on Tuesday…

22 Mar 2024

Maersk Will Avoid Red Sea Despite EU Security Operation

© aerial-drone / Adobe Stock

Shipping company Maersk said on Friday it was too early to resume sailings through the Red Sea due to a continued elevated risk level, despite an initiative by the European Union to increase safety in the region.Maersk, one of the world's biggest container shipping companies, suspended Red Sea traffic on Jan.

20 Mar 2024

Seven Deaths Confirmed as Tanker Capsizes Offshore Japan

© maykal / Adobe Stock

A South Korean-flagged chemical tanker has capsized off the coast of Yamaguchi prefecture in western Japan, with seven deaths confirmed, public broadcaster NHK reported on Wednesday, citing the coastguard.The tanker, Keoyoung Sun, was anchored due to bad weather and requested assistance after 7:00 a.m. on Wednesday (2200 GMT on Tuesday), reporting the vessel was tilting over, NHK reported.The vessel had 11 crew aboard.

18 Mar 2024

Pressure Builds for Charge on Shipping Sector's CO2 Emissions

© Yellow Boat / Adobe Stock

The European Union, Canada, Japan and climate-vulnerable Pacific Island states are among 47 countries rallying support for a charge on the international shipping sector's greenhouse gas emissions, documents reviewed by Reuters showed.The documents, being discussed at an International Maritime Organization (IMO) meeting now entering a second week, outline four proposals with a combined 47 backers for imposing a fee on each tonne of greenhouse gas the industry produces.Support for…

14 Mar 2024

Hijacked Ship May Have Been Used in Attack near Somalia

Source: EUNAVFOR

Somali pirates who seized the Maltese-flagged bulk cargo ship Ruen in December may have used the vessel in the takeover of a Bangladesh-flagged cargo ship off the coast of Somalia two days ago, the European Union naval force said on Thursday.Somali pirates caused chaos in important global waterways for a decade leading up to 2018, but had been dormant until a resurgence of attacks starting late last year.If confirmed, Tuesday's attack from a confiscated ship would mark a return…

05 Mar 2024

Baltic Dry Index Ticks Down as Capesize Losses Offset Gains in Smaller Vessels

© Daniel / Adobe Stock

The Baltic Exchange's dry bulk sea freight snapped a 12-session winning streak on Tuesday, as pressure from lower capesize rates outweighed gains in smaller vessel segments.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, was down 0.3% at 2,291 points.The capesize index .BACI snapped its nine-session rising streak, shedding 57 points, or 1.4%, to 4,148.Average daily earnings for capesize vessels, which typically transport 150,000-ton cargoes such as iron ore and coal…

04 Mar 2024

Fjord1 Orders Autonomous Zero-emission Ferries

(Image: HAV Design)

Norwegian ferry operator Fjord1 has ordered a series of four autonomous zero-emission ferries to operate the Lavik-Oppedal crossing on the northwest coast of Norway.The newbuilds were designed by Norway-based HAV Design and will be built by Tersan Shipyard in Turkey.According to HAV Design, which will deliver ship design and an engineering package for all four vessels, said the design is based on a future-oriented operating concept developed alongside Fjord1. The ferries will…

04 Mar 2024

After Failed Voyage, 14,500 Australian Livestock Sail Again for Israel

Image courtesy of Michael Mondello

Around 14,500 livestock sailed from Australia to Israel on Sunday for the second time, two months after their first voyage was curtailed by the threat of attack by Houthi militants in the Red Sea.The animals left Fremantle port in Perth on Jan. 5 but halfway to the Middle East, their ship abandoned its route and was ordered home by the Australian government.The turn-back was part of the havoc wrought by the Houthi strikes in support of Hamas militants in Palestine that have forced…

03 Mar 2024

Eight Japanese Ports Join The Green Award

Source: The Green Award

The Green Award Foundation has announced that eight ports managed by the Osaka Ports and Harbors Bureau have joined as new Incentive Providers, offering discounted port fees to Green Award certified vessels that call their ports.This expands The Green Award’s network to 47 ports incentivising safety and sustainability in shipping globally.Among the eight new Japanese ports are the Port of Sakai-Senboku and Port of Hannan, two major industrial ports situated in the Osaka Bay. With a long history as trading hubs…

04 Mar 2024

Houthis Say They Will Continue Sinking British Ships

On Feb. 18 between 9:30 p.m. and 10:40 p.m., Iran-backed Houthi terrorists attacked the M/V Rubymar, a Belize-flagged, UK-owned bulk carrier. Source: US CENTCOM

Yemen's Iran-backed Houthis vowed on Sunday to continue targeting British ships in the Gulf of Aden following the sinking of UK-owned vessel Rubymar.The U.S. military confirmed on Saturday that the UK-owned vessel Rubymar had sunk after being struck by an anti-ship ballistic missile fired by Yemeni Houthi militants on Feb. 18."Yemen will continue to sink more British ships, and any repercussions or other damages will be added to Britain's bill," Hussein al-Ezzi, deputy foreign minister in the Houthi-led government…

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.

29 Feb 2024

Norden Acquires Four Capesize Newbuilds

(Photo: Norden)

Danish shipowner Norden announced it has acquired four Capesize newbuilds expected to be delivered between 2025-2027.With the latest investments, adding to the five owned and seven chartered Capesize vessels, Norden is moving toward its ambition to operate between 20-25 Capesizes.The company said it has seen "strong demands from customers looking to unlock economies of scale by sizing up to improve efficiencies while lowering emissions"."The investments are furthermore a testament to the long-term opportunities we are seeing in the dry cargo markets," the company added.Jan Rindbo, CEO of Norde

29 Feb 2024

KOTUG Takes Full Ownership of Its Bahamas Towage JV with SEACOR

(File photo; KSM)

KOTUG International, a marine services and towage provider based in the Netherlands, announced on Thursday it has concluded its acquisition of Kotug Seabulk Maritime (KSM), taking full ownership of the Caribbean marine towage business.KOTUG said it has acquired the interest of its joint venture partner, Fort Lauderdale, Fla.-based SEACOR Holdings via its Seabulk subsidiary KS Maritime Holdings, owner of the 50% share in KSM.Founded in 2017, KSM acts as the exclusive provider of maritime terminal support services for Buckeye Partners’ Bahamas Hub…

18 Feb 2024

Houthis Claim Missile Attack on Oil Tanker

© momentscatcher / Adobe Stock

Yemen's Iran-aligned Houthis claimed responsibility on Saturday for an attack on the oil tanker M/T Pollux, which U.S. officials said the previous day had been hit by a missile."The naval forces of the Yemeni Armed Forces carried out a targeting operation against a British oil ship (Pollux) in the Red Sea with a large number of appropriate naval missiles," Houthi military spokesperson Yahya Sarea said in a statement, adding the strikes "were accurate and direct".U.S. Central Command…

13 Feb 2024

Solana Beach Dredging On Track

A split-hull trailing suction hopper dredge, linked to a tugboat, operates Jan. 31 off the shore of Solana Beach, Calif. (Photo: Stephen Baack / USACE)

A dredging and sand replenishment project at Southern California's Solana Beach is about halfway complete, the U.S. Army Corps of Engineers said.The project, which reduces coastal storm damage and erosion along a 7,200-foot-long stretch of shoreline, includes construction of a 150-foot-wide beach fill using 700,000 cubic yards of compatible sediment.Operations started Jan. 17 and are on schedule to wrap up in mid-March, according to Caleb Lodge, coastal engineer with the Corps' Los Angeles District.“They’re doing about seven or eight loads a day…

13 Feb 2024

Dry Bulk Vessel Rates on the Rise

© cloudvisual / Adobe Stock

The Baltic Exchange's dry bulk sea freight index rose for a third straight session on Tuesday to hit a one-month peak, as rates climbed across larger vessel segments.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, was up 13 points, or 0.8%, at 1,585 points, its highest since Jan. 10.The capesize index also scaled a one-month high. It added 23 points, or 0.9%, at 2,476 points.Average daily earnings for capesize vessels, which typically transport 150…

12 Feb 2024

Unloading of Stranded Australian Livestock Begins

Image courtesy of Michael Mondello

Thousands of sheep and cattle stuck on a ship that was forced to abandon a passage through the Red Sea last month have begun disembarking at the same Australian port they left nearly six weeks ago, Australia's agriculture ministry said late on Monday.The MV Bahijah sailed from Fremantle, Western Australia on Jan. 5 for Israel with about 14,000 sheep and 2,000 cattle on board, but diverted from its route due to the threat of attack by Yemen's Houthi militia before being ordered…

01 Feb 2024

Russian Oil Flows Through Red Sea Face Lower Risks

© Carabay / Adobe Stock

Tankers carrying Russian oil have continued sailing through the Red Sea largely uninterrupted by Houthi attacks on shipping and face lower risks than competitors, according to shipping executives, analysts and flows data.Russia has become more dependent on trade through the Suez Canal and the Red Sea since it invaded Ukraine, which led to Europe imposing sanctions on Russian imports and forced Moscow to export most of its crude to China and India. Before the war, Russia exported…

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…

05 Feb 2024

Australia Stops Ship Carrying Livestock from Sailing Around Africa to Israel

FILE PHOTO: Livestock carrier Bahijah berthed at North Quay, in the inner harbour of the Port of Fremantle, Western Australia, in 2018. (Credit: Bahnfrend / CC BY-SA)

The Australian government said on Monday it had refused a request by a livestock exporter to send a ship carrying around 14,000 sheep and 1,500 cattle on a month-long voyage around Africa to Israel.The animals have been on board the vessel for a month, prompting outcry from animal rights advocates who have likened their treatment to torture.The MV Bahijah sailed from Australia for Israel on Jan. 5 but abandoned a passage through the Red Sea due to threat of attack by Yemen's Houthi…

29 Jan 2024

Russian Oil Facilities Hit by Drone Attacks, Fires

© evannovostro / Adobe Stock

Russia energy infrastructure has been hit by drone attacks and fires in the past month, adding to uncertainty in global oil and gas markets already rocked by the conflict in the Middle East.Russia and Ukraine have targeted each other's energy infrastructure in strikes designed to disrupt supply lines and logistics and to demoralise their opponent as they try to get the edge in a nearly two-year-old war that shows no sign of ending.Following are recent major incidents at Russian oil facilities in the past month:* A Russian appointed official said on Jan.

31 Jan 2024

Ship Carrying 16,000 Sheep and Cattle Stranded off Australia

FILE PHOTO: Livestock carrier Bahijah berthed at North Quay, in the inner harbour of the Port of Fremantle, Western Australia, in 2018. (Credit: Bahnfrend / CC BY-SA)

A ship carrying around 14,000 sheep and 2,000 cattle is marooned off the coast of Australia in sweltering heat after it was forced to abandon a trip through the Red Sea, causing outcry from people concerned about the animals' welfare.The vessel left Australia on Jan. 5 for Israel, where it was to unload, but diverted from its course in mid-January due to the threat of attack by Yemen's Houthi militia before being ordered home by the Australian government.The animals are now in limbo and could be discharged in Australia…