Saipem and Fincantieri Form Subsea Alliance
Saipem and Fincantieri have signed a memorandum of understanding (MoU) to evaluate commercial and industrial opportunities for cooperation in the field of autonomous subsea vehicles (AUV) and their integration with surface and underwater units.The MoU is among the initiatives aimed at promoting and developing Italy’s national excellence in the underwater sector.The agreement aims to enable the two companies to participate in major programs in the Italian and international markets in the area of surveillance and control of critical underwater infrastructure and rescue activities…
OMSA Announces New Board Members
Industry trade group the Offshore Marine Service Association (OMSA) announced the addition of four CEOs to its board of directors.The new board members include Wes Bordelon, Chief Executive Officer, Bordelon Marine; Stacy Jo Stanley, Chief Executive Officer, Offshore Oil Services, Inc.; David Dantin, Chief Executive Officer, Odyssea Marine; and Lasse Petterson, Chief Executive Officer, Great Lakes Dredge and Dock."With the addition of these four executive leaders, OMSA pays homage to its roots while welcoming expanded opportunities in emerging energy frontiers…
IMO to Open Regional Office in Fiji
The IMO will open its seventh Regional Presence Office (RPO), in Suva, Fiji, after IMO Secretary-General, Arsenio Dominguez, and Fiji Minister for Transport, Ro Filipe Tuisawau, signed a Memorandum of Understanding on March 18.The Regional Presence Office will support the maritime needs and priorities of countries in the Pacific Islands region, aligning IMO actions with national and regional development policies, while providing advice on key maritime issues such as training, safety and security, legislation and marine environment.
Pressure Builds for Charge on Shipping Sector's CO2 Emissions
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…
Dutch Government Picks France's Naval Group for Submarines Order
The Dutch government on Friday said it had picked French defense company Naval Group to build four new submarines in coming decades in a long-brewing deal seen by politicians as a potential lifeline for the national shipbuilding industry.The government said the first two submarines would be operational within the next 10 years. It did not specify the exact value of the multi-billion euro contract.The submarines will be of a size to both operate in shallow waters and take part in missions far from base.The agreement still has to be approved by the Dutch parliament…
Wärtsilä Delivers Simulator to Sharjah Maritime Academy
Wärtsilä has supplied its latest simulator technology to the prestigious Sharjah Maritime Academy located in Khorfakkan, United Arab Emirates.The comprehensive suite of navigation, engineering, communications and Vessel Traffic Services (VTS) simulators includes full mission, part task and classroom trainers for all levels of training and research, as well as modelling and content creation tools to enable the highly skilled maritime faculty team to offer a complete range of services…
US Unions ask Biden Administration to Probe Chinese Shipbuilding
Five U.S. labor unions on Tuesday filed a petition with the office of U.S. Trade Representative Katherine Tai requesting a probe into China's alleged unfair policies and practices in the maritime logistics and shipbuilding sectors, the USTR office said.The petition was filed under Section 301 of the Trade Act of 1974, a statute aimed at combating trade partners' unfair practices.Trade practices are only one component of strains in U.S.-China relations in recent years. Other contentious issues include Taiwan…
German Shipowners Seek Clarity from Berlin on Carbon Trading
German shipowners' group VDR on Tuesday urged the Berlin government to provide legislation implementing European Union requirements to include the sector in the bloc's carbon trading system.The government is behind in transforming an EU agreement late in 2022 to require shipowners to buy EU carbon permits to trigger investment in greener technologies, into national legislation, VDR said at its annual press conference."For us, the cornerstone of our operations is not only planning certainty but also the assurance of uniform competitive conditions on an international scale…
Coast Guard Will Not Enforce New California Rule, Citing 'Safety Concerns'
(The Center Square) - The U.S. Coast Guard says it “will not enforce” a new California Air Resources Board regulation, citing “safety concerns.”The Coast Guard and business organizations oppose CARB's requirement that commercial harbor craft install diesel particulate filters (DPF) linked to a number of fires. Seventeen states are suing the Environmental Protection Agency for giving an exemption to California alone to enact its own air standards that, by power of its market size…
Who Are Yemen's Houthis and Why Are They Attacking Ships in the Red Sea?
Yemen's Houthis have been attacking ships in the Red Sea since November, in what they say is a campaign of solidarity with Palestinians during the Israel-Hamas war in Gaza, prompting retaliatory U.S. and U.K. strikes against the Iran-aligned group.In the first fatalities reported since the Houthis began their attacks on shipping in one of the world's busiest trade lanes, a Houthi missile on Wednesday killed three seafarers on the Greek-owned, Barbados-flagged ship True Confidence some 50 nautical miles from Yemen's port of Aden.HistoryIn the late 1990s…
Three Killed in Houthi Attack On Greek-owned Ship
A Houthi missile attack killed three seafarers on a Red Sea merchant ship on Wednesday, U.S. Central Command (CENTCOM) said, the first fatalities reported since the Iran-aligned Yemeni group began strikes against shipping in one of the world's busiest trade lanes.The Houthis claimed responsibility for the attack, which set the Greek-owned, Barbados-flagged ship True Confidence ablaze around 50 nautical miles off the coast of Yemen's port of Aden.In an earlier message on X responding to the Houthi claim, Britain's embassy wrote: "At least 2 innocent sailors have died.
Asyad Shipping Taps LR for ESG Strategy and Reporting
Asyad Shipping, part of Asyad Group, and Lloyd’s Register (LR) have partnered to deliver the Omani national shipping company’s first ESG (Environmental, Social and Governance) report, in line with the established Global Reporting frameworks.Asyad Shipping, which operates a fleet of 85 vessels including gas carriers, very large crude carriers, product tankers and container ships, is one of the first maritime organisations in the Middle East to publish an ESG report.ESG reporting has become a growing necessity in the shipping sector as environmental concerns…
Two Dead in First Fatal Houthi Attack on Red Sea Shipping
Two seafarers were killed in a Houthi missile attack on a Red Sea merchant ship on Wednesday, British and U.S. officials said, the first fatalities reported since the Iran-aligned Yemeni group began strikes against shipping in one of the world's busiest sea lanes.The Houthis claimed responsibility for the attack, which set the Greek-owned, Barbados-flagged ship True Confidence ablaze around 50 nautical miles off the coast of Yemen's port of Aden.In a statement on X directly responding to the Houthi claim, Britain's embassy wrote: "At least 2 innocent sailors have died.
Rubymar Sinking Puts Coral Reefs At Risk
When the Rubymar sank in the Red Sea after a Houthi attack, the ship went down carrying 21,000-tonnes of fertiliser which could trigger massive algal blooms that could create "dead zones" for marine life and starve coral reefs of light.Alongside a slick of leaking fuel, the ammonium phosphate sulphate fertilisers could deliver an extreme pulse of nutrients into waters harbouring rare corals, marine mammals and reef fish, creating a spread of foamy scum on the water.According to a maritime warning circulated to ships in the area…
ABB to Deliver Integrated Propulsion System for CCG’s Next-Gen Polar Icebreaker
Seaspan Shipyards, Canada’s long-term shipbuilding partner for the Canadian Coast Guard (CCG) and Royal Canadian Navy, has awarded ABB a contract to deliver an integrated propulsion system for the first of the CCG’s new-generation polar class icebreakers.The vessel is expected to be one of the world’s largest and most powerful diesel-electric icebreaker when it enters service in 2030, with ABB supplying vessel systems complying with IACS Polar Class 2 requirements for year-round…
Singapore Highlights its Maritime Achievements for 2023
The Singapore government has recounted the achievements of Maritime Singapore to date to highlight the nation’s successes as a maritime hub in 2023:Total business spending by key maritime companies overseen by MPA exceeded S$4.8 billion, up from S$4.3 billion in 2022. Twenty-five maritime companies established or expanded their operations in Singapore last year. These included maritime services companies and companies setting up sustainability desks in Singapore as part of their…
Speed a Factor in Tug and Tanker Collision -NTSB
A tugboat maneuvering near a transiting tanker in the Corpus Christi Ship Channel was drawn in toward the tanker, leading to a collision, the National Transportation Safety Board (NTSB) said Tuesday.The tugboat Mark E Kuebler and the tanker Nisalah collided in the channel near Ingleside, Texas, on January 22, 2023. The tugboat’s hull was breached by the tanker’s propeller, which was also damaged in the collision. The collision resulted in nearly $7 million in damages. There were…
Baltic Dry Index Ticks Down as Capesize Losses Offset Gains in Smaller Vessels
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…
Seaspan Shipyards Orders ABB Propulsion for Canadian Polar Icebreaker
Canadian shipbuilder Seaspan Shipyards has awarded ABB a contract to deliver an integrated propulsion system for the first of the Canadian Coast Guard’s (CCG) new-generation polar class icebreakers.The first vessel of its kind to be built in Canada in over 60 years, the vessel is expected to be one of the world’s largest and most powerful diesel-electric icebreaker when it enters service in 2030, complying with IACS Polar Class 2 requirements for year-round operations in moderate multi-year ice conditions.
Singapore's Temasek Shortlists Saudi Aramco, Shell in Sale of Pavilion Energy Assets
Singapore's Temasek Holdings has shortlisted energy giants Shell and Saudi Aramco among a handful of companies to purchase most of the assets of liquefied natural gas (LNG) trading firm Pavilion Energy, sources with knowledge of the matter said.The sale process comes a decade after the state investment firm set up Pavilion Energy to focus on LNG-related investments, and takes place as spot Asian LNG prices LNG-AS have fallen more than 40% since mid-August, potentially weighing on the deal's valuation.Temasek is evaluating bids for the sale of Pavilion Energy's assets…
Malaysia Says MH370 Search Must Go On
Malaysia is pushing for a renewed search for Malaysia Airlines Flight MH370, the transport minister said on Sunday, as the 10th anniversary of its disappearance in one of the world's greatest aviation mysteries approaches.Flight MH370, a Boeing 777 carrying 227 passengers and 12 crew, vanished en route from Kuala Lumpur to Beijing on March 8, 2014.Malaysian investigators initially did not rule out the possibility that the aircraft had been deliberately taken off course, and debris…
Texas A&M to Reduce Tuition For Merchant Mariner License Students
Texas A&M University at Galveston said it will reduce fees for current and future out-of-state students seeking a merchant mariner license from the Texas A&M Maritime Academy, in an effort that aims to help the maritime industry fill worsening labor gaps.Texas A&M Maritime Academy students earn their U.S. Coast Guard license while completing one of several license-option four-year bachelor’s degree programs at Texas A&M at Galveston.Effective September 1, under a new three-tiered fee structure approved by the Texas A&M University System Board of Regents…
New York Awards Equinor and Orsted New Offshore Wind Contracts
New York officials on Thursday awarded provisional contracts to two proposed offshore wind projects under a program meant to support the embattled industry and keep the state's clean energy goals on track.The state selected a planned 810-megawatt project, Empire Wind 1, (developed by Equinor) and Sunrise Wind, a planned 924-megawatt project (developed by Orsted and Eversource).The closely watched solicitation by the New York State Energy Research and Development Authority (NYSERDA)…