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Friday, April 19, 2024
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19 Apr 2024

Corpus Christi Crude Oil Exports Up 6.9% in Q1

© brent coulter / Adobe Stock

The port of Corpus Christi, Texas, the top U.S. oil export hub, said it exported 6.40 million barrels per day of crude oil in the first quarter, up 6.9% from the same period a year ago.The U.S. Gulf Coast port handles more than half the nation's oil exports, benefiting from its pipeline ties to South and West Texas shale fields. Its volumes have risen along with shale oil production.Overall, the port has moved nearly 48.9 million metric tons of goods through the Corpus Christi Ship Channel in the first quarter.

19 Apr 2024

DNV Awards Certificates for Fortescue’s Dual-fueled Ammonia-powered Vessel

Cristina Saenz de Santa Maria, DNV’s Regional Manager South East Asia, Pacific & India, Maritime, handed over class and statutory certificates to Dino Otranto, Fortescue Metals CEO, for the dual-fueled ammonia-powered vessel Green Pioneer (Photo: DNV)

Classification society DNV presented Australian green technology, energy and metals company Fortescue with class and statutory certificates for its dual-fueled ammonia-powered vessel Green Pioneer. This marked the culmination of a project that began in 2021, when DNV was engaged by Fortescue to work on the feasibility study and 'Fuel ready (Ammonia)' notation for the vessel’s conversion. DNV's Technology Qualification process provided the framework for the qualification and assurance of the engine modifications, where industry rules were yet to be developed.

18 Apr 2024

Marine News' 2024 US Shipbuilding Report

ECO Edison, the first U.S.-built wind farm service operations vessel (Photo: Ørsted)

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…

18 Apr 2024

Stena Bulk Sells LNG Carrier Stena Blue Sky

(Photo: Stena Bulk)

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…

18 Apr 2024

Purus Picks Wärtsilä’s Cargo Handling and Fuel Supply Systems for Three New VLECs

(Credit: Wärtsilä)

Wärtsilä Gas Solutions, part of technology group Wärtsilä, will supply cargo handling and fuel supply systems for three new large sized ethane gas carrier (VLEC) vessels being built for Purus.The ships are under construction at the HD Hyundai Heavy Industries (HHI) yard in South Korea.In line with the Purus’ emphasis on achieving net zero carbon emissions for its fleet by 2030, the new vessels are designed to be as efficient as possible in all respects.The Wärtsilä cargo handling…

17 Apr 2024

Mounting Tensions Could Spark EU-China Trade War, European Chamber President Warns

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China and Europe face a "slow motion train accident" as a rising tide of protectionism threatens to become a full trade war, the head of a European business lobby group warned on Wednesday, a day after Germany's chancellor conveyed European concerns to Beijing.Jens Eskelund, president of the European Chamber in China, said that while some worries about trade in both countries were legitimate, there was a risk of unproductive decoupling if European and Chinese leaders did not increase…

16 Apr 2024

Hurtigruten Advances Initiative for Zero Edible Food Waste

Head Chef Douglas Spiik preparing food for Hurtigruten's guests onboard MS Trollfjord's fine dining restaurant Røst courtesy of Hurtigruten

Hurtigruten is working towards drastically reducing and recycling edible food waste from its fleet operations. A specially designed reactor at one of its ports converts edible food waste into compost used to grow vegetables for Hurtigruten.The initiative encompasses a comprehensive approach to waste management, starting with the sorting of edible food waste onboard Hurtigruten's Original Coastal Express ships during their year-round schedule along the coast of Norway, calling at 34 ports from Bergen in the south to Kirkenes in the north.

16 Apr 2024

South Koreans Still Seek Answers 10 Years After Sewol Ferry Disaster

File photo courtesy South Korea Coast Guard

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…

16 Apr 2024

MAN to Supply Propulsion for World’s Largest Car Carriers

(Image: MAN Energy Solutions)

Chinese shipyard Guangzhou Shipbuilding International (GSI) has received an order for four MAN B&W 8S60ME-GI engines in connection with the building of four 10,800 CEU pure car and truck carriers (PCTC) for South Korean shipping owner, HMM Co. Ltd.CSIC Diesel Engine Co. Ltd (CSE) will build the Mk10.5 dual-fuel -GI (-gas injection) engines in China, which will feature exhaust gas recirculation (EGR) emissions-reduction technology for Tier III NOx compliance.Upon delivery, the PCTCs will go out on charter to Hyundai Glovis Co.…

14 Apr 2024

Esgian Week 15 Report: South America Remains Vital

© Kalyakan / Adobe Stock

Esgian reports on new contracts for Borr Drilling and Shelf Drilling (North Sea) jackups in its Week 15 Rig Analytics Market Roundup. Additionally, Energean has selected a drillship for its upcoming drilling campaign offshore Morocco. South America remains vital to the floating rig market, with ExxonMobil moving ahead on a sixth development on the prolific Stabroek block offshore Guyana and Petrobras reporting a new discovery in Brazil's Potiguar Basin.Report Outline:ContractsBorr Drilling has announced new contract commitments for three of its premium jackup rigs…

12 Apr 2024

Unexpected But Welcome: US Navy’s Amphibious Warship Plan Supported Across Political Parties & Government Branches

File photo courtesy HII

Here’s some good news for America’s sea power. While the U.S. Navy has initiated another review of its 30-year shipbuilding plan in the face of widespread dissatisfaction, one element within that plan has been praised: the decision to provide funding for continued construction of amphibious warfare ships. These vessels offer unmatched flexibility and the capability of transporting, deploying, and supporting ground combat forces – typically U.S. Marine Corps – to conduct amphibious assaults, humanitarian operations, or disaster relief missions.

12 Apr 2024

Time Charter for Flex Endeavour Extended to 2032

Flex Endeavour (Photo: Flex LNG)

Flex LNG on Friday announce that the charterer of its liquefied natural gas (LNG) carrier Flex Endeavour has exercised an option to extend the firm period of the time charter by 500 days, from the third quarter 2030 to the first quarter of 2032. As announced on November 23, 2022, in connection with the extension of three ships, the charterer has one further option to extend the time charter period by one additional year to 2033.Øystein Kalleklev, CEO of Flex LNG Management AS…

12 Apr 2024

Ten Years After South Korean Ferry Disaster, Mothers Express Their Grief On Stage

File photo courtesy South Korea Coastguard

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…

11 Apr 2024

JSI Alliance Completes Scope of Work in Basrah Refinery Upgrading Project

Source: JSI Alliance

On 11 March, MV Svenja discharged her cargo of nine modules, marking the completion of the JSI Alliance’s scope of work in the Basrah Refinery Upgrading Project in Iraq for JGC Corporation.The Alliance dedicated two vessels to the project: the Jumbo Kinetic with her two 1,500t cranes, and the MV Svenja with two 1,000t cranes. Together, the vessels undertook transport of 84 modules using JCG's specially designed lifting frame. The two vessels were selected due to their having the required capabilities for lifting and transporting the modules…

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.

10 Apr 2024

US Coast Guard Says Boardings of Chinese Fishing Vessels in South Pacific Legal

(File photo: Sara Muir / U.S. Coast Guard)

The U.S. Coast Guard has rejected comments by a Chinese diplomat that its recent boardings of Chinese fishing boats in the Pacific Islands alongside local police are illegal, saying the joint patrols are at the behest of Pacific nations to protect coastal fisheries.Reuters reported last month that six Chinese fishing boats were found to be violating Vanuatu's fisheries law after being inspected by local police who were on board the first U.S. Coast Guard boat to patrol the waters of the Pacific Islands nation.China's Ambassador to New Zealand Wang Xiaolong…

09 Apr 2024

Cosco Shipping Sees Quick Resolution to Peru Port Question

© foto-select / Adobe Stock

China's Cosco Shipping confirmed that investment in Peru's Chancay port continues and that it expects a quick resolution to a pending question over exclusivity rights to the facility, a local executive told reporters on Tuesday.Carlos Tejada, the company's general manager in Peru, made the announcement at an international trade event in the capital Lima.Last month, the Asian shipping firm said it was evaluating the impact of a move by Peru's government to annul the exclusivity it holds over operations at the under-construction megaport, seen as a key driver of growth for the South American cou

08 Apr 2024

Singapore Trials Charging Point at Marina South Pier

© Sunday Cat Studio / Adobe Stock

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.

07 Apr 2024

Esgian Week 14 Report: Major Jackup Contract Suspensions

© Lukasz Z / Adobe Stock

Esgian reports various drilling contractors disclosing details of discussions with Saudi Aramco regarding jackup contract suspensions in its Week 14 Rig Analytics Market Roundup. These contractors include Shelf Drilling, ADES, Borr Drilling, Arabian Drilling, COSL, and ARO Drilling.Meanwhile, Transocean, Noble, and COSL rigs have firmed up new work in the US Gulf of Mexico, Suriname, and the North Sea, respectively.Report overview:ContractsShelf Drilling has received a notice of suspension of operations on four jackup rigs from a customer in the Middle East.

05 Apr 2024

MOL Puts FSRU for Indonesia's Jawa 1 LNG Power Plant Into Operation

(Credit: MOL)

Mitsui O.S.K. Lines (MOL) has started commercial operation of the floating storage and regasification unit (FSRU) Jawa Satu for the Jawa 1 LNG-fired power plant in Indonesia.MOL owns the FSRU through PT Jawa Satu Regas (JSR), jointly established by PT Pertamina (Persero), Marubeni Corporation, Sojitz Corporation, and other partners.Built by Samsung Heavy Industries in South Korea, the Jawa Satu FSRU has a storage capacity of 170,000 m3, with 300 MMcsfd of regasification capacity.The…

04 Apr 2024

Faulty Missile Launcher Closes Busy Danish Sea Lane

© Jens / Adobe Stock

An activated but faulty missile launcher on a Danish navy vessel triggered a closure of airspace and shipping traffic in the Great Belt strait on Thursday, the Danish armed forces said.Denmark's National Maritime Authority had earlier warned ships not to sail through the Great Belt strait, one of the world's busiest sea lanes and the main maritime access to the Baltic Sea, due to the risk of "falling missile fragments"."The problem occurred during a mandatory test where the missile launcher is activated and cannot be deactivated…

04 Apr 2024

Wärtsilä to Supply Cargo Handling Systems for Solvang’s Newbuild VLGC Vessels

Wärtsilä Gas Solutions, part of technology group Wärtsilä, will supply the cargo handling systems for additional two new very large LPG carrier vessels to be built at the HD Hyundai Heavy Industries in South Korea.The ships have been contracted by Norwegian ship owner Solvang. The order follows a similar one placed in 2023 for five vessels being built at the same yard for the same owner.The very large gas carriers (VLGCs) are of Panamax size and form the next generation of eco-vessels.

04 Apr 2024

Seatrium Scoops $259M Worth of Repairs and Upgrades Work

FPSO Pyrenees Venture (Credit: MODEC)

Singapore-based Seatrium has secured a series of major contracts for vessel repairs, upgrades and conversions, set for completion by the end of 2025.With an aggregate value of S$350 million ($259 million), the contracts have reinforced Seatrium’s reputation as a one of the market leaders in vessel repairs, upgrades and conversions.The diverse range of complex contracts secured by Seatrium Repairs and Upgrades include the upgrades and conversions of Floating Storage Regasification Units (FSRU)…