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Friday, March 29, 2024
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World News

28 Mar 2024

New Tug Delivered to Mongla Port Authority

The Mongla Port Authority in Bangladesh has taken delivery of its new tug, M.T. Joymoni.The newbuild is a RAmparts 3200-CL designed by Canada's Robert Allan Ltd. and built by Cheoy Lee Shipyards, in China.The RAmparts 3200-CL was designed by Robert Allan Ltd. in 2008 exclusively for Cheoy Lee Shipyards, with the first tug, Ocean Pioneer, delivered to Ocean Sparkle in India in 2011. Based on the RAmparts series, the hull form was developed to provide a high performance, multi-function tug in a shallow draft configuration, with bollard pull of up to 85 tonnes, the designer said.M.T.

28 Mar 2024

Asia Crude Imports Surge as China, India Snap Up Russian Oil

© Igor Groshev / Adobe Stock

Asia's imports of crude oil are expected to rise to the highest in 10 months as heavyweights China and India lifted arrivals from Russia, but impending maintenance schedules and rising prices mean such levels may not be sustained.The world's top importing region is forecast to see arrivals of 27.48 million barrels per day (bpd) in March, up from 26.70 million bpd in February and January's 27.18 million bpd, according to data compiled by LSEG Oil Research.The bulk of oil arriving in March was arranged before the current increase in prices…

28 Mar 2024

Svitzer Building New Training Center in Australia

(Image: Svitzer Australia)

Marine towage provider Svitzer Australia is building a new facility to deliver enhanced maritime training capabilities to the East Coast of New South Wales (NSW).The company reports construction is underway at its Port of Newcastle tug base, where Svitzer’s innovative, new TRAnsverse tug vessels are forecast to enter service in 2025 (the second and third to be deployed in the world). The facility will feature state-of-the-art Kongsberg Digital maritime simulators in support of crew training and other marine applications.Svitzer Australia chief operating officer…

27 Mar 2024

New England Offshore Wind Auction Draws Multiple Bidders

© Fokke Baarssen / Adobe Stock

Several offshore wind developers bid in a combined Connecticut-Massachusetts-Rhode Island offshore wind solicitation on Wednesday, including units of European energy firms Iberdrola and Orsted.The U.S. offshore wind industry is booming so far this year, with several projects in various stages of development and construction, after a disastrous 2023 of developers cancelling contracts and taking roughly $9.1 billion in write-offs and impairments on U.S. projects.So far, Avangrid…

27 Mar 2024

Insurers Brace for Multibillion Dollar Losses After Baltimore Ship Tragedy

(Photo: Baltimore County Police Department)

Baltimore's Francis Scott Key Bridge collapse could cost insurers several billions of dollars in claims, sources say, but it is too early to calculate the likely full financial losses of the tragedy that has shuttered one of the busiest ports in the United States.Six peopleare still missing after a collision with a Singapore-flagged container ship destroyed the landmark bridge on Tuesday, forcing the closure of the Port of Baltimore.With little clarity on when the port would re-open, insurers and analysts are now assessing the likely losses borne by underwriters across several product lines in

27 Mar 2024

Austal Vietnam to Build RoPax Vessel for The Degage Group

(Image: Austal)

Austal Limited announced Austal Vietnam has been awarded a contract to design and construct a 71-meter roll-on-roll-off (RORO) passenger cargo vessel for The Degage Group of French Polynesia.The new steel monohull ferry design includes an aluminium superstructure accommodating up to 140 seated passengers and 17 crew, and features a main cargo deck area of 494 square meters; capable of transporting a combination of 10- and 20-foot containers, palletized cargo and vehicles.With a cruising speed of 12 knots and a range of 1…

27 Mar 2024

Britain’s Forgotten Prison Island: Remembering the Thousands of Convicts Who Died Working in Bermuda’s Dockyards

An 1862 photo of a prison hulk docked in Ireland Island, Bermuda. (Photo: UK Royal Navy)

We think of Bermuda as a tiny paradise in the North Atlantic. But long before cruise ships moored up, prison ships carried hundreds of convicts to the island, first docking in 1824 and remaining there for decades.Islands have long been places to deport, exile and banish criminals. Think of Alcatraz, the infamous penitentiary in San Francisco, or Robben Island in South Africa, which held Nelson Mandela. The French penal colony Devil’s Island was immortalised in the Steve McQueen film Papillon…

26 Mar 2024

Carnival Orders Excel-class Cruise Ship

Carnival Jubilee (File photo: Meyer We3rft)

Fresh on the heels of its first newbuild order in five years, the world's largest cruise company has placed an order for an additional vessel.U.S.-based Carnival Corporation on Tuesday announced it has signed an agreement with German shipbuilder Meyer Werft to build an Excel-class cruise ship for its Carnival Cruise Line brand for expected delivery in 2028.The ship will be the 11th Excel-class ship for the corporation's fleet across four of its brands, and the fifth to be sailed by Carnival Cruise Line.

26 Mar 2024

Shipping Industry Faces Fuel Dilemma in Bid to Cut Emissions

© Yellow Boat / Adobe Stock

The shipping industry is under increasing pressure to decarbonize, but unclear regulatory guidelines, including around what sorts of cleaner fuels large vessels should run, is complicating that path to net zero, according to executives.Global shipping firms are looking for ways to lower their carbon footprints, particularly as the International Maritime Organization (IMO), which regulates the global shipping industry, is being pushed to implement a charge on the sector's greenhouse gas emissions.The IMO's Maritime Environment Protection Committee concluded its 81st meeting last week…

26 Mar 2024

Leadership Profile: Tor Svanes and NAVTOR's Quest to Transform Shipping

Tor Svanes, Founder and CEO, NAVTOR. Image courtesy Navto

Compliance, performance, profitability, sustainability; take the biggest ‘pain points’ for almost any shipping company and watch NAVTOR’s digital ecosystem work wonders. Here Tor Svanes, Founder and CEO, explains how NAVTOR has grown to lead the smart shipping world, why the recent merger with Voyager Worldwide was so critical, and how he hopes to help steer the industry towards brighter, simpler, and more intelligent horizons.“The morning of the announcement I got a text from the boss of one of our biggest competitors…

26 Mar 2024

Davie Awarded Contract for Canadian Icebreaker Design

(Image: Government of Canada)

The Canadian government has awarded a contract to shipbuilder Chantier Davie Canada Inc. of Lévis, Quebec, for initial work related to the construction of new Program Icebreakers. Under this $19.6-million contract including taxes, Davie will begin work to develop the initial design.A series of six new Program Icebreakers is planned to replace the Canadian Coast Guard’s (CCG) medium icebreakers that operate in Atlantic Canada and the St. Lawrence waterways during the winter, and in the Arctic during the summer.This contract enables the shipyard to initiate project planning phases…

25 Mar 2024

Fuel Savings of Autonomous Navigation System Verified

Source: Avikus

Avikus, HD Hyundai's autonomous navigation in-house startup, has verified that its autonomous navigation system is capable of reducing fuel use by as much as 15%, which is expected to reduce carbon emissions by 10%.The fuel savings were quantified on a 325,000-ton very large ore carrier (VLOC) operating several times on a 5,800-mile route from Singapore to Brazil using Avikus’ autonomous HiNAS Control system.The verification of this performance was conducted through procedures that were jointly developed by HD Korea Shipbuilding & Offshore Engineering and Avikus…

25 Mar 2024

Van Oord Doubles Profit, Announces New CEO

Source: Van Oord

Van Oord concluded 2023 with revenue reaching record high and profits more than doubled.The company saw revenue growth across both its Dredging & Infra and Offshore Energy business units, which resulted in a significantly revenue increase of 42% to EUR 2.9 billion from EUR 2.0 billion in 2022.Net profit doubled to EUR 127 million from EUR 60 million in 2022. High fleet utilisation and the continued sharp focus on risk and contract management contributed to the improved results.The order book increased by 3% to EUR 4…

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.

22 Mar 2024

Itochu, U-Ming Mull Ammonia-Fueled Ships

© vchalup / Adobe Stock

Japanese trading house Itochu Corp will study joint ownership and operation of ammonia-fueled ships with Taiwan's U-Ming Marine Transport Corp, Itochu said in a statement, as Japan is bets on ammonia to cut emissions.The shipping industry transports about 90% of world trade, and accounts for nearly 3% of the world's carbon dioxide emissions; and installing ship engines that burn cleaner fuels could help slow global warming trends.The IMO has set a target of net-zero greenhouse gas emissions by around 2050…

21 Mar 2024

Red Sea Attacks Temporarily Increase Demand for Ships

© Yellow Boat / Adobe Stock

The BIMCO Container Shipping Market Overview & Outlook for March 2024 has been published, and Niels Rasmussen, BIMCO’s Chief Shipping Analyst, highlights that ship supply is expected to grow on average 9.1% in 2024 and 4.1% in 2025.Rerouting via Cape of Good Hope is assumed to impact the first half of 2024. Ship demand increases an estimated 9.5% in 2024 and falls 0.5% in 2025. The supply/demand balance is expected to tighten in the first half of 2024 but then weaken when ships can return to the Suez Canal routing.According to the IMF…

21 Mar 2024

China Grain Imports Near Record High

Cereal and oilseed imports to China, the world's biggest buyer of farm goods, will remain near record highs this year despite a recent spate of cancellations as lower global prices and a domestic output shortfall prompt purchases.China's wheat imports from Australia in January and February this year have nearly quadrupled from the same time last year, the latest customs data show. That trend should continue even after Beijing cancelled or postponed 1 million metric tons of Australian wheat last week.The cancellations, along with those for about 500,000 tons of U.S.

21 Mar 2024

Somali Pirates' Return Adds to Crisis for Global Shipping Companies

© Antony / Adobe Stock

As a speed boat carrying more than a dozen Somali pirates bore down on their position in the western Indian Ocean, the crew of a Bangladeshi-owned bulk carrier sent out a distress signal and called an emergency hotline.No one reached them in time. The pirates clambered aboard the Abdullah, firing warning shots and taking the captain and second officer hostage, Chief Officer Atiq Ullah Khan said in an audio message to the ship's owners."By the grace of Allah no one has been harmed so far," Khan said in the message, recorded before the pirates took the crew's phones.

21 Mar 2024

Danish Pilot Makes a LEGO Model of His DanPilot Boat

Pilot boat driver, Espen Andersen’s LEGO model of the boat he sails for DanPilot. Image courtesy DanPilot

Espen Andersen, a pilot boat driver for DanPilot, the independent public enterprise owned by the Danish state, takes his love of maritime and LEGOs to new heights, creating a LEGO model of the pilot boat he sails for Svendborg, Denmark-based company. Andersen has registered the pilot boat for LEGO Ideas, a forum where fans can submit suggestions for upcoming LEGO sets. If the idea is to become a reality and be considered for a new production at LEGO, the pilot boat needs to receive 10,000 votes.“At DanPilot, many passionate seafarers work on dedicated hobby projects.

21 Mar 2024

Carbon Capture @ Sea: Evergreen Ship Notches World First

Illustration (Credit: Evergreen)

ClassNK has granted its SCCS-Full class notation to Evergreen’s Neopanamax container vessel Ever Top.Short for Shipboard Carbon dioxide Capture and Storage-Full, the SCCS-Full notation signifies that the vessel is now equipped with onboard CO2 capture and storage (CCS) systems.This also marks it as the world's first Neopanamax container vessel to be retrofitted with such systems, according to ClassNK.The CCS systems, designed and developed by Shanghai Marine Diesel Engine Research Institute…

21 Mar 2024

Fiji to Sign Ports Deal with Australia in Shipbuilding Boost

© yorkzel / Adobe Stock

Fiji will strike a deal with Australia to upgrade ports and shipbuilding infrastructure, months after its prime minister said it was likely to partner with China on the project, the government of the Pacific Islands nation said on Thursday.Fiji's government said its cabinet had agreed to enter into a memorandum of understanding with Australia for the project, after Australia committed to financing."The revival of the shipbuilding industry in Fiji has been articulated as a key priority…

21 Mar 2024

Euroports and BlueFloat Forge Strategic Offshore Wind Alliance

(Credit: BlueFloat Energy)

One of the largest port-infrastructure companies Euroports and Spanish offshore wind developer BlueFloat Energy have signed a memorandum of understanding (MoU) to foster cooperation in supply chain and ports infrastructure for the delivery of offshore wind in Europe.The strategic alliance marks a significant step forward in building capabilities and infrastructure critical to establish an offshore wind energy sector.Euroports, with its distinguished reputation as a premier offshore wind port operator…

20 Mar 2024

Ten Organizations Team Up on Guidelines for Combating Illegal Wildlife Trafficking

© 2630ben / Adobe Stock

Ten organizations have joined forces to combat illegal wildlife trafficking through increasing awareness and vigilance across global supply chains.Together, they have produced practical guidelines for all supply chain participants, with advice on measures to take, questions to ask to help identify criminal wildlife trade, and guidance on reporting suspicious activities. An accompanying "Red Flags" document serves as a daily reference for all individuals involved in the supply chain.