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Fincantieri Floats Out MSC Seashore
Italian shipbuilder Fincantieri announced Thursday it has floated out the new cruise ship MSC Seashore at its shipyard in Monfalcone. The vessel has been moved to a wet dock where interior outfitting work will continue until delivery to MSC Cruises in July 2021.MSC Seashore, which will be MSC Cruises’ longest ship at 339 metres and the largest and most innovative ever built in Italy, is the third of four vessels in MSC Cruises’ Seaside class…
China Ramps up US Oil Purchases Ahead of Trade Deal Review
U.S. crude oil shipments to China will rise sharply in coming weeks, U.S. traders and shipbrokers and Chinese importers said, as the world’s top economies gear up to review a January deal after a prolonged trade war.Chinese state-owned oil firms have tentatively booked tankers to carry at least 20 million barrels of U.S. crude for August and September, the people said, moves that may ease U.S. concerns…
Meyer Turku to Lay Off 166 Employees
Finnish shipbuilding company Meyer Turku will permanently lay off 166 people due to the effects of the coronavirus pandemic on its business.The company which builds cruise ships had in April said it would lay off up to 450 of its roughly 2,000 employees, with talks also in place for another 900 to be affected by other measures, such as temporary layoffs of different length, work time adjustments, and other arrangements.
Ship Emissions: ABS Spearheads the Future of EEDI for Ships
A team led by ABS has been awarded a contract by the European Commission (EC) to explore future directions for the IMO’s Energy Efficiency Design Index (EEDI) for ships.The landmark study will look at ways to improve and accelerate the integration of low-carbon fuels and innovative technologies into the requirements of the index, which was originally created to reduce emissions from ships by promoting design improvements and the adoption of more energy-efficient power systems.The EC…
Examining LNG as Fuel
A snap poll recently conducted by ABS found that as many two-thirds of global shipowners had yet to select a technical pathway to meet the International Maritime Organization’s (IMO) mandatory decarbonization targets for 2030 and 2050.With the technologies supporting a myriad of new low-carbon fuels evolving at vastly different speeds, any tendencies to wait for information to mature before making significant long-term capital commitments are understandable…
Hin Leong's Owners Move to Block OCBC from Picking at Shipping Units
The family that owns beleaguered Singaporean oil trader Hin Leong Trading (HLT) is seeking to block creditor OCBC's request to appoint overseers for the family's Xihe Holdings and four other subsidiaries to recoup its debt.Oversea Chinese Banking Corp (OCBC) applied last week for the Singapore High Court to appoint judicial managers over Xihe, owned by the family of Hin Leong founder Lim Oon Kuin, known as O.K.
Kooiman Marine Group Wins Dredger Order
The Netherlands-based shipbuilding and engineering firm Kooiman Marine Group said it has received an order for the design and construction of a new 1,500-cubic-meter trailing suction hopper dredger for Detlef Hegemann Aktiengesellschaft.The 75.9-meter-long Hegemann V has been developed by Kooiman Engineering, part of Kooiman Marine Group, in close collaboration with Hegemann Dredging to execute multiple…
Corps Continues Legacy of Dredging at Port of Alaska
All summer long, a crimson and white boat moves back and forth through the waters near the Port of Alaska collecting silt, sand and gravel off the seafloor to allow vessels to navigate the harbor in Anchorage. The boat is a dredging vessel called the Westport, operated by Manson Construction of Seattle, Wash., which the U.S. Army Corps of Engineers – Alaska District contracted to maintain the mooring areas for the past three years.An estimated 2…
Turkey Wants French Apology Over Mediterranean Warships Incident
Foreign Minister Mevlut Cavusoglu said on Thursday Turkey expects France to apologize after an incident between Turkish and French warships in the Mediterranean prompted Paris to request a NATO investigation.Relations between the NATO members have soured over the Libya conflict, where Turkey supports the internationally recognized government and accuses Paris of backing the eastern-based forces of…
Thai Project Turns Fishing Nets into Virus Protection Gear
Thai fisherman Anan Jaitang used to pile tattered nylon fishing nets on the beach after hauls of wriggling crabs tore them beyond repair, but most of the nets wound up in the sea, threatening to entangle turtles and choke coral reefs.Now, Anan and others have an alternative that's not only lucrative and environmentally friendly but will help Thailand battle the coronavirus pandemic.A new community-based project is paying small-scale fishermen 10 baht (32 cents) per kilogram of discarded nets…
The Little Bender That Could
Okay it’s not that little – it can bend up to 220 metric tons (240 US tons).But in the larger scheme of the U.S. economy, security and infrastructure; or of the country’s maritime competitiveness; or even the financial health of the Dakota Creek Industries shipyard and its 300 production jobs; this little bender has the potential to make a mighty big difference.Dakota Creek recently installed the Stierli-Bieger 2200 SE CNC horizontal ram bender in its Anacortes, Wash. shipyard.
US Urges China to Accelerate Purchases of American Goods
The U.S. Chamber of Commerce on Thursday underscored the importance of functional U.S.-China ties and urged Beijing to step up its purchases of U.S. goods and services as agreed under a Phase 1 trade deal despite delays caused by the coronavirus.The Chamber said the pandemic had clearly slowed progress for both governments, but there were reasons to be hopeful. It also welcomed regular talks between the world's two largest economies on implementation of purchases…
US Weighs Blacklisting More Oil Tankers Over Venezuela
The United States is considering imposing sanctions on dozens of additional foreign oil tankers for trading with Venezuela, U.S. officials told Reuters on Friday, the latest effort to sever what Washington sees as a lifeline for President Nicolas Maduro.Some sanctions could be announced in the near term while others could be imposed over a longer period if the trading activity persists in violation of U.S.
New Landing Craft Will Support RRS Sir David Attenborough
A new monohull landing craft will be one of two support craft on the U.K.'s polar research ship RRS Sir David Attenborough. Designed by Incat Crowther and built by Exeter Fabrication, she packs a lot of functionality into a compact platform.The Incat Crowther 14 Terror will play a critical role in the operations of RRS Sir David Attenborough which, in addition to its scientific role, will support the resupply of the five Antarctic research stations operated by British Antarctic Survey.
IHC Launches New Dredge for Suez Canal Authority
Dutch shipbuilder Royal IHC on Friday launched a new cutter suction dredger (CSD) Mohab Mameesh for the Suez Canal Authority (SCA).The 29,190kW heavy-duty rock CSD built at at IHC’s shipyard in Krimpen a/d IJssel has been designed in cooperation with SCA, and will be used to maintain and improve the Suez Canal, which connects the Mediterranean and Red seas. The vessel, characterized by its long slender shape and high spud towers…
RIBCRAFT Wins Multiple Contracts
Having recently taken delivery of two new RIBCRAFT 5.85 rigid inflatable boats (RIB), the California Department of Fish and Wildlife awarded the Massacusetts-based builder another contract, to supply and deliver shipboard RIBs for its fleet of long range fisheries patrol boats.The RIBs already delivered will be used by the agency's Southern District, which covers all of Santa Barbara, Ventura, Los Angeles and San Diego counties.
Oil rises 5% in second weekly gain on output cuts, demand hopes
Oil prices settled 5% higher on Friday in their second consecutive week of gains as U.S. producers cut production with the number of drilling rigs falling to a record low, and as more states moved ahead with plans to relax lockdowns intended to halt the coronavirus pandemic.The number of operating oil and natural gas rigs fell by 34 to an all-time low of 374 this week - reflecting data going back 80…
Liebherr: Broken Hook Cause of Orion Crane Collapse
The article was updated to include a statement by a Deme spokesperson who said that the Orion delivery would be delayed following the accident.Following last week's…
Failure to Heed Weather Warning Led to Duck Boat Sinking -NTSB
The continued operation of an amphibious passenger vessel despite severe weather warnings led to its fatal sinking during a derecho in July 2018, the National Transportation Safety Board said during a public board meeting Tuesday.The 33-foot-long, modified, World War II-era DUKW amphibious passenger vessel Stretch Duck 7 sank in Table Rock Lake, near Branson, Mo., killing 16 of 29 passengers and one of two crewmembers on board for a tour.Operator Ripley Entertainment Inc.…
Meyer Turku Announces Layoffs
Finnish shipbuilder Meyer Turku on Tuesday started statutory talks to lay off up to 450 of its roughly 2,000 employees because of a hit to business from the coronavirus pandemic.The Turku shipyard on Finland's west coast, which primarily builds cruise ships, had initially started talks over temporary layoffs, but said the market situation had now forced it to look for permanent cuts."These negotiations…