Webb News

The shipping industry is consuming an additional 100,000 barrels per day of fuel to sail longer distances needed to avoid traversing the Red Sea, Vitol Chief Executive Officer Russell Hardy said on Wednesday.Total distance traveled by ships is about 3% more than it was before Yemen's Houthi group started attacking shipping, Hardy said.Tanker traffic in the Red Sea is higher today than it was five years ago, he said, but global conflicts have shifted global trade flows."We have had to re-orientate so much all over," he said at a panel during the CERAWeek conference in Houston, Texas.

Rising oil tanker chartering rates due to global shipping disruption are forcing oil shippers to take on longer-term shipping charters, executives said this week at an energy conference in Houston.The global oil tanker fleet must now travel further to get crude to refineries and fuel to consumers. European sanctions have forced Russian exporters to send oil to Asia that would have otherwise gone to Europe. Attacks on vessels in the Red Sea have forced some shippers to sail around…

Venture Global LNG said on Sunday it would acquire a fleet of nine liquefied natural gas (LNG) transport vessels, expanding its ability to sell and ship its own cargoes.Venture Global LNG has exported hundreds of cargoes since it started liquefying gas for export in 2022 from the first of its three planned facilities in Louisiana. The vessels it used were owned by other companies and leased.The nine vessels in Venture Global's future fleet will be built in South Korea with the first to be delivered later this year…

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…

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…

Russia has pledged to disclose more data about the volume of its fuel refining and exports after OPEC+ asked Moscow for more transparency on classified fuel shipments from the many export points across the vast country, sources at OPEC+ and ship-tracking firms told Reuters.Russia is the only member of OPEC+ which contributes to export cuts rather than production cuts as part of its participation in the group's agreement to curb supplies. Market analysts have struggled to verify…

Governments have decided to pay up to revive offshore wind farm developments after rising costs put at risk multiple projects that are needed to help them cut emissions and reach climate targets.Many countries are relying on a huge and rapid build-out of offshore wind farms which have high upfront costs but over the longer term can provide cheaper energy than fossil fuel plants.But some countries' wind power capacity targets started to look unrealistic this year after developers cancelled projects in the U.S.

The November edition of Marine News magazine highlighted a selection of the most notable American newbuilds delivered of 2023—from a first-of-its-kind green towboat, to the lead vessel in a series of game-changing ships to train U.S. mariners.Empire StateAs the lead vessel in a series of five new training ships being constructed to serve America's state maritime academies, Empire State is easily one of the most important U.S.-built vessels delivered in recent memory.Built by Philly Shipyard for the U.S.

bp's search for a new chief executive is set to extend into the first quarter of 2024, three sources told Reuters, while the board's probe into whether previous CEO Bernard Looney breached the code of conduct in his undisclosed personal relationships with staff drags on.The oil company has been in turmoil since Looney's resignation in September, company sources told Reuters, and the share price has underperformed rival Shell since then amid investor uncertainty over bp's future strategy.bp's shares have dropped 9% since Looney's departure, while Shell's have gained 2% over the same period.

ProMarine AG has launched an industry-first sustainable shipping fund with an initial portfolio of four methanol-fuelled MR tankers led by Proman and Stena Bulk.Low Emission Methanol Shipping Company S.C.A. SICAV–RAIF (LEMSCO) is the result of a collaboration between Proman and Stena Bulk. The fund is backed by equity investors and benefits from a green loan from ABN AMRO. LEMSCO's seed assets consist of four methanol fuelled vessels acquired from Proman and Stena Bulk: Stena Pro Patria…

Colonna's Shipyard said Wednesday that its President & CEO, Tom Godfrey, would retire effective December 31, 2023. Randall Crutchfield has been named to replace Godfrey as the company’s Chief Executive Officer (CEO). Crutchfield is currently Executive Vice President & Chief Operating Officer (COO). Additionally, Jordan Webb, currently Executive Vice President of Shipyard Operations, will become President & General Manager. Both appointments are effective January 1, 2024.“Randall…

Spencer Johnson has joined Birdon as the ship design director building on his extensive career in shipbuilding, naval architecture and engineering. Johnson will lead Birdon’s engineering and integrated product teams to deliver 27 vessels to the U.S. Coast Guard for the Waterways Commerce Cutter (WCC) Program.“Spencer’s background leading large ship design and construction projects make him a great fit for Birdon’s team,” said Birdon president, Rob Scott. “Spencer’s extensive leadership and engineering experience will help Birdon grow its ship design team of structural engineers…

The 2023 Maritime Risk Symposium (MRS) will be held Nov. 14-16, 2023, as an in-person event, hosted by Maritime College, State University of New York (SUNY) at the Maritime Academic Center. The theme of the 14th annual event is “Managing Impacts of Supply Chain Disruptors, Renewable Energy, Emerging Technology on the Maritime Transportation System (MTS)” with a focus on offshore infrastructure risk and disruptors. Founded in 1874, Maritime College is the oldest maritime college in the United States, providing mariner training for 150 years.

A Liberian-flagged oil tanker set sail in May from Russia's Ust-Luga port carrying crude on behalf of a little-known trading company based in Hong Kong. Before the ship had even reached its destination in India, the cargo changed hands.The new owner of the 100,000 tonnes of Urals crude carried on the Leopard I was a similarly low-profile outfit, Guron Trading, also based in Hong Kong, according to two trading sources.The number of little-known trading firms relied on by Moscow to export large volumes of crude exports to Asia has mushroomed in recent months…

Bristol, R.I. based naval architecture, marine engineering and consulting firm Bristol Harbor Group, Inc. (BHGI) announced the continued expansion of its naval architecture and marine engineering firm with two new hires: Taylor Althouse and Kasey Kennedy.Althouse joined BHGI as a Naval Architect. Althouse graduated from the University of Michigan with a Master of Science in Engineering in Naval Architecture and Marine Engineering. During his time at the University of Michigan, Althouse interned at Hornbeck Offshore Services, LLC.

“We will need your leadership vision, not to mention every ounce of your ingenuity and sweat, if our industry is to meet both the challenges and opportunities we face today.”That was the message from Christopher J. Wiernicki, ABS Chairman, President and CEO to the graduating class of 2023 at the Webb Institute. He explained that Webb Institute alumni can expect to answer the call to leadership during their careers because of their education and training.“Remember, you have been expressly trained to become the maritime leaders of tomorrow.

Tom Godfrey, President & CEO of Colonna’s Shipyard, Incorporated (CSI), today announced the promotions of three executives from the company’s leadership team to new positions. Randall Crutchfield has been promoted to Executive Vice President and Chief Operating Officer (COO) and Jordan Webb, becomes the Executive Vice President of Shipyard Operations. Chris Hartwig has been promoted to Senior Director of Steel America. All three appointments are effective immediately. “These positions will play a significant role in the growth of our company,” according to Godfrey.

With dredging business booming in the U.S., companies across the country invest in innovative new tonnage to get the job done more efficiently, effectively and safely. Chris Gunsten, SVP, Project Services & Fleet Engineering, Great Lakes Dredge & Dock (GLDD) and Patrick Webb, Senior Director Sales - Global Marine and Stationary, Wabtec discuss the tech inside the new Conrad-built trailing suction hopper dredge Galveston Island.Conrad Shipyard recently launched Galveston Island, the first of two newbuild hopper dredges being built for Great Lakes Dredge & Dock Corporation.

A.P. Moller - Maersk's towage arm Svitzer has been fined £2 million ($2.4 million) in the U.K. after pleaded guilty to safely failures that led to a crewmember fatality.Svitzer Marine Ltd pleaded guilty to failing to operate a vessel safely and failing to provide a safe system of work, causing the “avoidable tragedy” of 62-year-old Ian Webb falling into the water, the U.K.'s Maritime and Coastguard Agency announced.Heard at Liverpool Crown Court on February 20, the tragic death sparked an investigation by the Maritime and Coastguard Agency (MCA) which identified a number of Svitzer’s safety failures.On the evening of Webb’s death, January 27, 2019, Svitzer Marine’s tug Millgarth was cast off from the Tranmere north jetty, in the river Mersey, in storm force conditions.

Shipbuilder Austal USA said its chief naval architect Spencer Johnson has been recognized by the Mobile Area Council of Engineers (MACE) as the Marine Engineer/Naval Architect of the Year. A tradition since 1967, MACE recognizes engineers in the community for their achievements and leadership.“We’re always incredibly proud when the hard work and accomplishments of one of our own is recognized by their industry peers,” Austal USA President Rusty Murdaugh said. “Spencer’s technical expertise in the engineering field has put our programs on a trajectory for success.

The market for old oil tankers is booming, and it's all down to efforts by Western nations to curb trade in Russian crude.As Western shipping and maritime services firms steer clear of Russian oil to avoid falling foul of sanctions or harming their reputations, new companies have leapt into the void, and they're snapping up old tankers that might normally be scrapped.The European Union banned all seaborne Russian crude imports from Dec. 5, with a fuel import ban to follow in February.

With shipowners pressed to upgrade machinery to meet strict new emission targets, there’s much confusion with chatter surrounding ‘decarbonization’ and ‘future fuels’, solutions that don’t exist today – and may not exist in mass for another generation – cluttering the conversation. Enter Wabtec, formerly GE Transportation, which today offers a Tier 4 compliant engine with no need for urea. Is it the cheapest propulsion solution on the market? No. But the Pennsylvania-based engine builder mounts a compelling case for its 250MDC diesel engine based on performance…

The inland waterways have enjoyed several positive developments toward modernization of the system, particularly over the last two years.Annual appropriations that fund the U.S. Army Corps of Engineers’ Civil Works mission have been steadily on the rise for the last nine fiscal years, specifically the Construction and Operations & Maintenance (O&M) accounts have been funded at historic levels. The passage of the Infrastructure Investment and Jobs Act (IIJA) in 2021 provided a…