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Thursday, April 18, 2024
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The Extent News

14 Apr 2024

EU Tanker Import Tonne Mile Demand up 12%

Source: BIMCO

In 2023, sanctions on Russian oil exports by the EU caused a major shift in tanker trades and a 10% increase in average sailing distances for EU tanker imports. Now, attacks on ships in the Red Sea area have caused average sailing distances to increase a further 16% and tonne mile demand to increase 12% despite falling volumes, says Niels Rasmussen, Chief Shipping Analyst at BIMCO.During the first quarter of 2024, tanker import volumes to the EU fell 4% year-on-year due to a 1% increase in the clean tanker trade but a 5% fall in the dirty tanker trade.

03 Apr 2024

Wärtsilä to Deliver Its First Ammonia Ship Engine in Early 2025

(File image: Wärtsilä)

Ship engine manufacturer Wärtsilä expects to deliver its first ammonia-fueled engine on a new vessel in early 2025, with more widespread sales expected in the 2030s, a company executive told Reuters.Ammonia is among several alternative fuels that shippers are exploring to reduce carbon emissions.The company launched its first ammonia four-stroke engine for orders in the fourth quarter last year, with the first such engine to be delivered early next year on a vessel, Roger Holm…

02 Apr 2024

Master and Shipping Company Prosecuted For Pilot Ladder Failure

Source: AMSA

The Australian Maritime Safety Authority (AMSA) has successfully prosecuted a ship's master and shipping company after a pilot was injured while embarking on a Panama-flagged general cargo ship.The pilot was attempting to embark the Boshi 58 on May 25, 2023, but was seriously injured when the pilot ladder broke during the transfer.The Boshi 58's master and the shipping company, Fu Ye Shipping, pled guilty and were fined $5,300 and $32,000 respectively for failing to ensure pilot transfer arrangements complied with the relevant Marine Order and the Navigation Act 2012.

29 Mar 2024

Dali Incident Could Be Largest Ever Single Marine Insurance Loss

Satellite image ©2024 Maxar Technologies.

Britannia, the insurer of container ship the Dali, is working with the vessel's owner and U.S. authorities on the investigation into the collapse of Baltimore's Francis Scott Key Bridge, the insurer said on Thursday.The bridge collapsed on Tuesday after the Dali suffered a power outage and struck a pylon, causing huge disruption in the port."We are working closely with the vessel's owner and manager and the relevant U.S. authorities as part of the investigation into the casualty…

30 Mar 2024

Great Lakes Freighter Strikes Channel Light on St. Marys River

(Photo: U.S. Coast Guard)

A portion of the St. Marys River has been closed to vessel traffic after a U.S.-flagged Great Lakes freighter struck a channel light in the waterway.At approximately 1 a.m., the 730-foot bulk carrier American Mariner suffered a marine casualty and struck the Munuscong Junction Light with its bow, the U.S. Coast Guard said. The incident occurred in Munuscong Lake, which is a section of the St. Marys River in Michigan state.The American Steamship Company-owned vessel is currently operated by Grand River Navigation under a bareboat charter.

14 Mar 2024

Houthis Vow to Attack More Shipping Lanes

© Peter Hermes Furian / Adobe Stock

The leader of Yemen's Houthis, Abdul Malik al-Houthi, said on Thursday the group's operations targeting vessels will escalate to prevent Israel-linked ships from passing through the Indian Ocean towards the Cape of Good Hope."Our main battle is to prevent ships linked to the Israeli enemy from passing through not only the Arabian Sea, the Red Sea and the Gulf of Aden, but also the Indian Ocean towards the Cape of Good Hope. This is a major step and we have begun to implement our operations related to it…

26 Feb 2024

Houthis Keep Up Pressure with Near Miss on US-flagged Tanker

FILE PHOTO: Torm Thor (Photo: Torm)

Yemen's Houthis fired a missile that likely targeted the Torm Thor in the Gulf of Aden on Feb. 24 but missed the U.S.-flagged oil tanker, the U.S. Central Command (CENTCOM) said on Monday, as the Iran-aligned militia steps up attacks on ships.Shipping risks have escalated due to repeated Houthi drone and missile strikes in the Red Sea and Bab al-Mandab Strait since November in support of Palestinians in Gaza. U.S. and British forces have responded with several strikes on Houthi…

24 Feb 2024

Houthis Target Torm Tanker

Source: Torm

Yemen's Houthis targeted MV Torm Thor, a U.S.-flagged, owned, and operated oil tanker, in the Gulf of Aden, the Iran-aligned group's military spokesman Yahya Sarea said on Sunday, as the militants continue to attack shipping lanes in solidarity with Palestinians in Gaza.The group targeted the tanker with "a number of appropriate naval missiles," Sarea added in a televised speech.The U.S. Central Command (CENTCOM) said the USS Mason, a guided missile destroyer, on Saturday shot…

08 Feb 2024

Lithuania Probes Baltic Sea Oil Spill

© Studio Barcelona / Adobe Stock

Lithuania said on Thursday it had been informed by a subsidiary of Polish oil refiner Orlen PKN of an oil spill in the country's waters in the Baltic Sea and had launched a probe into the incident.Lithuania's Environmental Protection Department said in a statement the subsidiary, Orlen Lietuva, had informed it on Wednesday of a 300-litre spill near the Butinge oil import terminal in connection with the loading of a tanker.It said an inspection by Lithuania later on Wednesday showed the spill measured nine kilometers by two kilometers with at least 1.8 tonnes of oil on the surface…

07 Feb 2024

UK Supreme Court Piracy Ruling Gives Guidance on War Risk Provisions in Charterparties

The tanker was released from pirate control in August 2011. (File photo: EUNAVFOR)

In a well-timed decision given the current situation in the Red Sea and Gulf of Aden, the UK Supreme Court recently handed down judgment in Herculito Maritime Ltd v Gunvor International BV [2024] UKSC 2, a decision that arose from seizure of a ship by Somali pirates.Key factsThe vessel MT Polar was chartered to carry a cargo of fuel oil from St Petersburg to Singapore. The most direct route would be via the Suez Canal and Gulf of Aden.The Gulf of Aden was within the “high risk area” for piracy when the charter was agreed.

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…

26 Jan 2024

China Presses Iran to Rein in Houthi Attacks in Red Sea

© icholakov / Adobe Stock

Chinese officials have asked their Iranian counterparts to help rein in attacks on ships in the Red Sea by the Iran-backed Houthis, or risk harming business relations with Beijing, four Iranian sources and a diplomat familiar with the matter said.The discussions about the attacks and trade between China and Iran took place at several recent meetings in Beijing and Tehran, the Iranian sources said, declining to provide details about when they took place or who attended."Basically, China says: 'If our interests are harmed in any way, it will impact our business with Tehran.

18 Jan 2024

Not All Underwater Reefs are Made of Coral

The South Carolina Army National Guard and the South Carolina Department of Natural Resources turns unused armored carrier vehicles into an artificial reef off the coast of Beaufort, S.C. in 2014. (Courtesy photo by Phillip Jones/South Carolina Army National Guard)

When people hear about underwater reefs, they usually picture colorful gardens created from coral. But some reefs are anchored to much more unusual foundations.For more than a century, people have placed a wide assortment of objects on the seafloor off the U.S. coast to provide habitat for marine life and recreational opportunities for fishing and diving. Artificial reefs have been created from decommissioned ships, chicken transport cages, concrete pipes, rail cars and more.We study how ocean-dwelling fish use artificial reefs in the U.S. and beyond.

11 Jan 2024

Shipping Attacks Push US and Allies to Mideast Crunch Point

© Vladimir Bartel / Adobe Stock

When the United States and 11 allies published a joint statement last week calling for an end to Houthi attacks from Yemen on Red Sea shipping, they hoped the implicit threat of force might at least reduce the intensity of fire on foreign vessels.Instead, Wednesday saw the largest single attack yet on foreign vessels, according to Western defence officials, launched seven days after the joint statement. It appeared a clear attempt to call the West's bluff, just as other tensions across the Middle East appear to be on the rise.In Iraq and Syria, U.S.

21 Dec 2023

Will 2024 be the Year of AHTS Recovery?

The new MS Island Victory Water Installation Vessel for Island Offshore with amazing 477 tonnes bollard pull.
Copyright Arild/AdobeStock

As 2023 is drawing to a close we would once again invite the readers of Offshore Engineer Magazine to gaze into our crystal ball to see what 2024 might have in store for the offshore support vessel industry. Before diving straight into our forward-looking sentiments however, it is important to address some of the main trends in the year that past as these lay the foundation for the year to come.Continuing the market development from the year before, 2023 very much advanced the ongoing recovery for offshore support vessels further.

20 Dec 2023

Top 10 Things to Watch in Offshore Wind in '24

Copyright Infi Studio/AdobeStock

Despite short-term obstacles driven by high inflation and interest rates coupled with supply chain issues, we maintain that the foundations supporting long-term offshore wind activity remain solid. As we prepare for the new year, let us look at 10 factors that will shape the offshore wind sector in 2024.1. A Continuously Dynamic Energy TrilemmaThe dynamic relationship of the three key drivers of affordable energy, energy security and energy transition was clearly evident in 2023 as energy affordability and security were generally more prominent themes than the transition.

19 Dec 2023

How Could Red Sea Attacks Affect Oil and Gas Shipping?

© Vallehr / Adobe Stock

Several shipping companies and a few liquefied natural gas (LNG) tankers have decided to avoid the world's main East-West trade route, following attacks launched by Yemen's Houthi group on commercial ships at the southern end of the Red Sea.The attacks raised the specter of another bout of disruption to international commerce following the upheaval of the COVID pandemic, and prompted a U.S.-led international force to patrol waters near Yemen.IS THE RED SEA ROUTE IMPORTANT FOR…

19 Dec 2023

Anschütz Advances the Autonomous Bridge System

Anschütz

As part of the Clean Autonomous Public Transportation Network (CAPTN) initiative, Anschütz' research into autonomous systems and assistance systems onboard ships that support navigators has made progress in 2023. In the Remote Operating Centre (ROC) which is set up on land at Anschütz, the MV Wavelab -- a research catamaran that is operating on a maritime test field on the Kiel Fjord in Germany -- is monitored. Part of the ROC is a complete digital twin with all the data provided by the various existing and experimental sensors and systems on board the Wavelab.

18 Dec 2023

New General Manager Appointed for Taylor Smith Shipyard

Willy van Niekerk (Source: TSS)

Taylor Smith Shipyard (TSS), the oldest ship repair yard on Mauritius, has appointed Willy van Niekerk as new General Manager.van Niekerk knows the yard well and was Assistant General Manager since 2022. He has broad experience in the maritime and offshore industries, taking to sea at 14 as a school holiday job on a converted fishing vessel and deciding to study marine engineering as a result.Throughout the years, van Niekerk sailed on container ships and bulk carriers trading worldwide, becoming chief engineer in the process, before embarked on a shore based career.

17 Dec 2023

C-NLOPB Updates Hebron Field Volume Estimate

Source: Hebron Project

The Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB) has approved the Development Plan Amendment (DPA) for the Hebron Field.The Hebron oil field is located offshore Newfoundland and Labrador, Canada, in the Jeanne d'Arc Basin 340 kilometers southeast of St. John's. The field was first discovered in 1980, and is estimated to produce more than 700 million barrels of recoverable resources. The water depth at the Hebron field is 93 meters.The approval enables ExxonMobil and…

15 Dec 2023

Achieving Digital Transformation in the Marine Industry

Image credit: Siemens

Like so many other industries in transportation, the marine industry is being challenged on multiple fronts—from a shortage of manpower and emerging digital technologies to sustainability requirements. In the face of these growing pressures, ship designers increasingly rely on digital transformation to stay competitive and deliver higher-quality products. Digital transformation offers many solutions across a ship’s lifecycle, from design and crew training to interconnectivity and automation…

13 Dec 2023

Why the Indian Ocean Could be China's Achilles' Heel in a Taiwan War

© Igor / Adobe Stock

Every day, nearly 60 fully loaded very large crude-oil carriers sail between the Persian Gulf and Chinese ports, carrying about half of the oil that powers the world's second-largest economy.As the vessels enter the South China Sea, they ply waters increasingly controlled by China's growing military, from the missile batteries and airfields at its bases on disputed islands to its stealthy Type 055 destroyers.But when crossing the Indian Ocean, joined by others headed to China from Africa and Brazil…

11 Dec 2023

Ship Recycling Market Remains Slumped

Source: GMS

The lackluster end to the year in subcontinent recycling markets continues for another week as disappointed owners and cash buyers face selling their inventory into markets where prices have slumped, reports cash buyer GMS.Several dry bulk sales were below USD 500/LT LDT into India in the lowest confirmed deals for several months.Steel prices have declined in India by almost 10% in a shock to many, particularly as international steel prices have pushed on to an impressive extent over the last month.