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It’s European Design, But Built For The Jones Act Market
The Netherlands-based Damen Shipyards Group is one of the industry’s largest and most recognized shipbuilders, perhaps best known for its standardized, serial production workboats. Now with several dozen newbuild and repair yards on the map, the company has produced more than 6,000 vessels over its 90-year history—from harbor tugs and offshore supply ships, to ferries and patrol craft. But Damen does not have a shipyard in the United States…
Wilhelmsen, NorSea Acquire Stake in Norwegian Deep-sea Mining Firm
Global maritime group Wilhelmsen and the Norwegian offshore supply base firm NorSea have together acquired an 18% stake in the Norwegian deep-sea mining company Loke Marine Minerals."As the energy transition continues to gather pace, we are actively looking at new projects and business areas, outside of the oil and gas industry, where NorSea’s unique port infrastructure and proven service and supply know-how can continue to be a key driver of success.
Conrad Begins Building GLDD's New Multi-Cats
Conrad Shipyard said it has started building two Damen-designed Multi-Cat vessels scheduled to be delivered to Great Lakes Dredge & Dock Company (GLDD) in the third and fourth quarters of 2022. A steel cutting ceremony was held at Conrad's Morgan City, La. shipyard.The two identical vessels are being built under a licensing agreement with the Netherlands-based Damen Shipyards Group. They will be the first of their type built in the U.S.
Biden to Take Aim at Shipping Competition
President Joe Biden will soon order U.S. transportation agencies to crack down on anti-competitive conduct and unjust fees in the rail and sea shipping industries to try to lower costs to consumers, the White House said on Thursday.It said his executive order is aimed at the Federal Maritime Commission (FMC) and the Surface Transportation Board (STB).White House Press Secretary Jen Psaki noted that…
Conrad to Build Damen Multi Cats for Great Lakes Dredge & Dock
U.S. shipbuilder Conrad Industries has signed a license agreement with the Netherlands-based Damen Shipyards Group to build two Damen Multi Cats 3013 for Great Lakes Dredge & Dock Corporation.The two vessels covered by this agreement will be the first Damen Multi Cats to be built in the U.S. Fully compliant with the U.S. Coast Guard and U.S. Army Corps of Engineers stability criteria, the versatile…
US Watercraft Licensed to Build SeaArk Marine Designs
US Watercraft has entered into an exclusive licensing agreement with SeaArk Marine to utilize the complete portfolio of its commercial firefighting, military, survey and workboats.US Watercraft is a builder of aluminum and steel vessels located on the Intracoastal Waterway in North Carolina. “The SeaArk Marine models will be the marquee products for US Watercraft,” said Randy Borges, managing director of US Watercraft.
SAFE Boats Delivers First Stormer Workboat to Long Island Customer
The Town of Hempstead Harbormaster on Long Island recently took delivery of the first Stormer Marine workboat built under a license agreement by SAFE Boats International. The 6.8-meter Porter 68S, delivered in late January, was recently put into service in the waters around the Town of Hempstead.Through this Jones Act-compliant licensing agreement between U.S.-based SAFE Boats International and the Netherlands-based Stormer Marine…
Ardmore Shipping Announces Hydrogen Joint Venture
Tanker owner and operator Ardmore Shipping Corporation said it has signed a Letter of Intent (LOI) with Element 1 Corp. (E1) and Maritime Partners, LLC (MP) to establish…
Ultrasonic Testing Technology Developed for NASA Comes to Offshore Assets
ABSG Consulting Inc. (ABS Consulting) signed an exclusive global licensing agreement to offer an innovative ultrasonic non-destructive testing (NDT) solution that supports expanded use of composite materials on offshore assets to extend service life.Developed to test the heat shield on the Orion space capsule, this is the first proven nondestructive evaluation (NDE) technology that can successfully scan layered composite material for defects…
Denmark to Build Giant Wind Energy Hub In the North Sea
Denmark has reached a deal on the construction of the first of its kind wind energy hub in the North Sea that promises to produce yet unseen amounts of green electricity, in what has been described as the largest construction project in Danish history.The energy hub - an artificial island - will serve as an offshore power plant gathering and distributing green electricity from hundreds of wind turbines surrounding the island directly to consumers in countries surrounding the North Sea.
Lenders to Sell Polarcus' Vessels. All Employees to Be Laid Off
Lenders of the troubled marine seismic contractor Polarcus, which last week took control of the company's vessels after a debt payment default, will sell Polarcus' vessels and all the employees will be let go.Banks last week tool control of Polarcus' subsidiaries that own seismic vessels, with the subsidiaries in question being Polarcus Asima AS, Polarcus Alima AS, Polarcus Amani AS, Polarcus Adira AS…
There’s Room to Grow on Brazil’s Inland Waterways
Brazil’s waterways have enormous potential for commercial transport, but are still underused and inefficient in the country’s 12 river basins, according to Brazil’s National Transport Confederation (CNT). Of the 63,000 kilometers (km) that could potentially be used for inland navigation, only 19,500 km (30.9%) of the existing network is currently used commercially for cargo and passenger transport…
Singapore Seeking LNG Bunker Suppliers
Singapore is looking to add liquefied natural gas (LNG) bunker suppliers amid increasing demand for the cleaner burning marine fuel in the world's top shipping hub.The Maritime and Port Authority of Singapore (MPA) on Wednesday launched a request for proposal (RFP) for parties seeking to supply LNG fuel to ships in the Port of Singapore.The city state’s annual LNG bunkering capacity is expected to hit 1 million tonnes by 2021…
Singapore Suspends Hin Leong Unit's Bunker Licenses
Singapore has suspended the licenses to sell ship fuel held by a subsidiary of defunct oil trader Hin Leong Trading Pte Ltd since it could no longer meet the licensing requirements, the Maritime and Port Authority of Singapore (MPA) said on Monday.The MPA suspended the licenses for Hin Leong's subsidiary Ocean Bunkering Services Pte Ltd (OBS), an agency spokesperson said in an emailed response to questions from Reuters sent on Oct.
US Sanctions: Spotlight on Cuba
The U.S. maintains a comprehensive sanctions program against Cuba, generally prohibiting all trade between the two nations, subject to multiple exceptions. In a previous article we addressed U.S. comprehensive sanctions generally, focusing on Iran, Syria and North Korea. Because the Cuba sanctions program has several idiosyncrasies that are unique to Cuba we address the Cuba sanctions program on its own.Background to Cuba sanctionsThe Cuba sanctions program is the oldest U.S.
Singapore Ramping Up LNG Bunkering Capacity
Singapore’s annual liquefied natural gas (LNG) bunkering capacity is expected to hit 1 million tonnes by 2021, as the world’s largest marine refueling hub transitions toward cleaner shipping fuels, a senior minister of state said on Tuesday.The push is part of the International Maritime Organization’s (IMO) aim to halve the sector’s greenhouse gas emissions by 2050 from 2008 levels.“As the maritime community continues the search for low or zero carbon fuels to meet the IMO’s 2050 goal, LNG is a
Cruising Pause Has Major Impact on Florida's Economy
The cruise industry has certainly been among businesses hardest hit by the economic impacts of COVID-19. But the industry-rocking fallout extends well beyond the cruise lines themselves, extending through cities throughout Florida where canceled sailings are resulting in loss of revenue to public ports, government at all levels, and private companies that do business with cruise lines.These conclusions…
ZIM Taps AI to Detect Misdeclarations
Israeli shipping company ZIM said it has developed and implemented an artificial intelligence (AI)-based screening software to detect and identify incidents of misdeclared hazardous cargo before loading to vessel.Misdeclaration of hazardous cargo has been at the root of major marine incidents, causing loss of life and severe damages. Last year, several carriers announced the imposition of additional…
How Technology Can Help Shipping Companies Recover from the COVID-19 Crisis
The global coronavirus pandemic has had a huge impact on society and on business. Working from home has become the new normal and many industries have quickly adjusted. But in an industry as traditional as shipping, this is causing a major shake-up, not least in the uptake of technology.According to satcom specialist IEC Telecom, the demand for digital technology has risen tenfold as maritime businesses…
Kanfer, CGR Partner to Market LNG Bunkering Vessels
Kanfer Shipping AS, the Norway-based shipping company focused on liquefied natural gas (LNG) break-bulk and bunkering ships, said it has entered into an exclusive agreement with CGR Arctic Marine (CGR), the Norwegian LNG technology company that has designed and developed a unique LNG bunkering vessel as well as an innovative gas delivery system that together reduce the overall cost of LNG bunkering infrastructure.Under the licensing and development agreement…