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Tanker Safe After US Navy Responds
A U.S. Navy warship responded to a distress call from a commercial tanker in the Gulf of Aden that had been seized by armed individuals and is now safe, U.S. officials said on Sunday.The tanker, which had been carrying a cargo of phosphoric acid, was identified as the Central Park by the vessel's company. The officials did not identify the attackers.In a statement, the U.S. military said the USS Mason, with help from allied ships, demanded that the commercial ship be released by the attackers.
New CEO Nominated for Royal Van Oord
The Supervisory Board of Van Oord intends to nominate Govert van Oord as the new CEO of Van Oord. The formal appointment will take place at Van Oord's Annual General Meeting of Shareholders on April 11, 2024.The Board is pleased to be able to transfer the leadership of the family business from the 4th to the 5th generation Van Oord family.Govert van Oord has been with Van Oord since 2002 and has worked for the company in the Middle East, Spain and Brazil, among others.
Israeli-Linked Chemical Tanker Seized
Unidentified armed individuals have seized a tanker carrying a cargo of phosphoric acid in the Gulf of Aden on Sunday, the vessel's managing company and a U.S. defence official said.The incident, involving the chemical tanker Central Park, is the latest in a series of attacks in Middle Eastern waters since a brutal war between Israel and the Palestinian militant group Hamas broke out on October 7.It followed a seizure of an Israeli-linked cargo ship by Yemen Houthis…
Damen Wins Order to Build Vessel for Taiwan Offshore Wind Market
Japan-based Mitsui O.S.K. Lines, (MOL) and Taiwan-based Ta Tong Marine Co. have through their joint venture Ta San Shang Marine Co. Ltd. (TSSM), signed a deal with the Dutch shipbuilder Damen Shipyards for the construction of a new service operation vessel (SOV).As TSSM's second Taiwan-flagged SOV, following Asia's first, the TSS Pioneer, which was delivered in 2022, the vessel is scheduled for delivery at the end of 2025 in Vietnam.
Meet the CIO: Erika Graziuso, Crowley
Erika Graziuso, Chief Information Officer, Crowley, brings a breadth and depth of non-maritime experience to bear in her quest to drive Crowley’s digital transformation in the name of decarbonization, holistic transportation efficiency and crew attraction and retention.Emulating best practices from industries outside of maritime has been a mantra in boardrooms and conferences for decades, as traditional maritime mindset has…
Cruise Ship Passenger Missing in the Gulf of Mexico
An American cruise ship passenger has been reported missing in the Gulf of Mexico.The U.S. Coast Guard said Tuesday it is searching for a man who reportedly went overboard from Carnival Cruise Line's Carnival Glory.The Coast Guard said its watchstanders at Sector New Orleans received a report around 12:40 p.m. n Monday from Carnival Cruise Line that they had an unaccounted-for passenger. Carnival reported…
CMA CGM Reports Drop in Quarterly Profit
CMA CGM said on Friday its profit fell in the third quarter as a COVID-era boom in shipping continued to fade, but its volumes picked up as a destocking trend in the United States was offset by brisk demand in other parts of the world.The French-based shipping giant was cautious about next year's outlook, with the prospect of a recovery in global trade - as U.S. firms finish destocking - tempered by expectations of modest economic growth and an influx of new vessels.CMA CGM…
Bleecker Street Group Acquires Marine Learning Systems
Software holding company Bleecker Street Group (BSG) announced the acquisition of Marine Learning Systems, an eLearning technology and services provider.Marine Learning Systems is a trailblazer in introducing eLearning methodologies to the maritime sector, providing solutions to enhance learning outcomes and increase safety for maritime customers including the largest cruise, ferry and workboat operators.As part of the Bleecker Street Group…
Navigating Sustainability: Charting a Way Forward
You can feel it in the air, and increasingly on the water: a steady increase in momentum toward a global economy that prioritizes sustainability. Government stakeholders at all levels, and shipping customers across industries, are setting ambitious goals and high expectations for environmental performance, and that includes the transportation of U.S. and global commerce on the waterways.For the tugboat…
In Brazil's Amazon, Cargill Grains Ports Meet Local Resistance
For centuries, riverside communities, including the "quilombola" descendants of enslaved Africans who escaped from plantations and ranches, have shared Xingu Island in Brazil's Amazon Basin.Its inhabitants live in brightly painted wooden houses overlooking rivers where small boats crisscross between islands and Abaetetuba city on the mainland to trade fish, seeds and fruits gathered from the Amazon forest in their backyard.In 2016…
Fairbanks Morse Acquires American Fan
Defense contractor Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), has acquired American Fan, a axial and centrifugal fan manufacturer based in Fairfield, Ohio.“Now more than ever, Fairbanks Morse Defense remains committed to expanding our growing array of OEM equipment to ensure that our fleet is always mission-ready,” said George Whittier, FMD CEO. “American Fan has a long track record of delivering high-quality products to the U.S.
Bath Iron Works Shipyard Employee Killed in Maine Mass Shooting
An employee of General Dynamics' Bath Iron Works shipyard was killed during a mass shooting event in Lewiston, Maine, on Wednesday.The Bath, Maine shipyard, which designs, builds and supports surface combatants for the U.S. Navy, released the following statement on social media on Thursday: "All of us at Bath Iron Works are heartbroken to share that we have lost a member of our BIW family. We send our deepest condolences…
Louis Dreyfus to Operate Methanol- and Wind-Powered RoRos for Airbus
Louis Dreyfus Armateurs (LDA) said it has been tapped by Airbus to renew its entire fleet of chartered vessels for aircraft subassembly transport with three modern, low-emission roll-on / roll-off vessels, supported by wind-assisted propulsion.LDA announced Wednesday it has been commissioned to build, own and operate these new highly efficient vessels, slated for entry into service from 2026.Powered by a combination of six Flettner rotors—large…
SEACOR Sells Its Inland River Business to Ingram
Fort Lauderdale, Fla. based SEACOR Holdings Inc. announced it has signed a definitive agreement to sell its inland river transportation and logistics business to Ingram Barge Company LLC, a division of Nashville-based Ingram Marine Group.Part of the SEACOR family of businesses for over two decades, Inland River Transport Holdings LLC (SCF) includes more than 1,000 covered dry cargo hopper barges, eight 6…
Offshore Wind: Newly Formed Consortium Orders Two CSOVs from VARD
The Windward Offshore consortium said Monday it had ordered two state-of-the-art Commissioning Service Operation Vessels (CSOV) from VARD to "establish a sturdy basis for its maritime asset services focusing on bolstering the burgeoning offshore wind industry."Winward Offshore is a consortium currently under establishment and is led by SeaRenergy Group in collaboration with Blue Star Group, Diana Shipping Inc.…
RCP Finance Secures Funding for Fuel Distributer in Maldives
Independent finance and capital structuring partner RCP Finance has successfully secured a $15 million credit facility from a leading Asian lender for The Hawks Pvt Ltd., a distributor of high-quality fuel in the Maldives.The Hawks caters to a range of local businesses including resort hotels, super yachts and navy vessels, with a total portfolio of more than 452 clients.Part of the credit facility has been used to facilitate the acquisition of the Bro Developer…
Americans Evacuate Israel Aboard Royal Caribbean Cruise Ship
A Royal Caribbean cruise ship in the Mediterranean Sea is transporting American citizens fleeing war between Israel and Hamas.Sailing at the request of the U.S.
Insights: Blaine Dempke, CEO, Markey
Established in 1907 as the Industrial Revolution arrived to Seattle, Markey is the oldest privately-held winch manufacturer in the United States today. The company was formed in the Georgetown District of what later became known as King County, Wash. The Markey sign above its original manufacturing plant, on Horton Street, is still retained, although Markey has since moved to its current facility on 8th Avenue South.Markey was a major supplier to the U.S.
U.S. Interior Secretary Deputy Beaudreau Bids Farewell
U.S. Deputy Interior Secretary Tommy Beaudreau is stepping down from his role at the end of October, the Interior Department said in a statement on Wednesday, without giving a reason for his departure or saying how the vacancy would be filled.The Washington Post reported earlier Beaudreau was leaving after two years in the number two spot and a total of 10 years at the agency to spend more time with family.Earlier this year…
Japanese Shipping Giant Buys Into Norwegian Floating Wind Firm
Japanese shipping giant Mitsui O.S.K. Lines, Ltd. (MOL) has, following a recent private placement, become a shareholder in Odfjell Oceanwind, a Norwegian floating wind technology developer."The transaction generates significant capital which will be used to further strengthening Odfjell Oceanwind’s position as a global leader and frontrunner in floating offshore wind technologies. Odfjell Technology Ltd.