Buildup News

Australia Says 'Not Necessary' to Cancel Chinese Firm's Lease on Darwin Port

Australia said a security review of a 99-year lease held by Chinese company Landbridge on the northern port of Darwin, a key focus of its defense strategy, found it was "not necessary to vary or cancel the lease".In a statement, the prime minister's department said: "Australians can have confidence that their safety will not be compromised, while ensuring that Australia remains a competitive destination for foreign investment".It added that monitoring of security arrangements would continue around the northern port…

Wicker Urges Navy Nominee to Focus on Shipbuilding

Roger Wicker, a U.S. Senator from Mississippi, urged Acting Chief of Naval Operations Admiral Lisa M. Franchetti to focus on shipbuilding and the expansion of the nation's naval forces.Wicker, the ranking member of the Senate Armed Services Committee, on Thursday led a full committee hearing examining the nomination of Franchetti to become the next Chief of Naval Operations.In his remarks, Wicker observed that China’s naval buildup and the United States’ shrinking Navy leave our…

Russia's Danube Attacks Tighten Noose on Ukraine's Grain Sector

Russian air strikes on Ukrainian grain facilities on the Danube this week threaten a vital river route for Kyiv's exports, as Moscow seeks to tighten the noose around a key sector of the economy days after abandoning the Black Sea shipping deal.Last week, air strikes caused tens of millions of dollars of damage to the grain sector in Odesa region, and Monday's strikes on infrastructure along the Danube brought back memories of the export gridlock that followed Russia's February 2022 invasion."Without the Danube, the export (situation) becomes critical.

US Coast Guard Announces Fire Safety Campaign for Small Passenger Vessels

The US Coast Guard has published Marine Safety Information Bulletin 05-23, Fire Safety on Small Passenger Vessels and announced a concentrated inspection campaign.The Bulletin encourages owners and operators to do a self-assessment of the fire safety of their vessels and provides a checklist evaluating fire safety and emergency preparedness on board.MSIB 05-23 also announces that the concentrated inspection campaign, which will focus on fire safety aboard small passenger vessels…

US, Australia to Unveil Submarine Pact to Counter China

U.S. President Joe Biden will meet leaders of Australia and Britain in San Diego on Monday to announce a way forward for Australia to receive nuclear-powered submarines in Canberra's biggest-ever defense project.The three countries announced the so-called AUKUS plan in 2021 as part of efforts to counter China in the Indo-Pacific region.However, questions remain over strict U.S. curbs on the extensive technology sharing needed for the project and about the length of time it will take to deliver the submarines.Australia is expected to buy up to five U.S.

Western Officials in Talks with Turkey Over Oil Tanker Delays

Western officials are in talks with Turkish counterparts to resolve oil tanker queues off Turkey, a British Treasury official said, after the G7 and European Union rolled out new restrictions on Dec. 5 aimed at Russian oil exports."The UK, U.S. and EU are working closely with the Turkish government and the shipping and insurance industries to clarify the implementation of the Oil Price Cap and reach a resolution," the official told Reuters."There is no reason for ships to be denied access to the Bosporus Straits for environmental or health and safety concerns."The G7 group of countries…

Are Unmanned Surface Vessels the Key to a 500-Ship U.S. Navy?

In an era of great power competition, navies – by virtue of their ability to span the globe and effectively deliver combat power – are likely to be the sine qua non of military power. This leads, naturally, to the tendency to count numbers of ship hulls when comparing the strength of navies. Lost on no one is the fact that the size of China’s Navy now exceeds that of the U.S. Navy, and the gap in ship numbers is growing.During the Cold War, while the quality of their ships might not have been equal to that of the U.S.

Steering Loss Led to Towing Vessel Grounding -NTSB

An electrical generator set (genset) failure and subsequent loss of steering led to the grounding of a towing vessel near Greenville, Miss., the National Transportation Safety Board (NTSB) said Thursday.The towing vessel Marquette Warrior was pushing 35 loaded dry cargo barges down the Lower Mississippi River on Nov. 21, 2021, when several barges grounded on the riverbank. Four barges were damaged, including a hopper barge with bean cargo that partially sank. None of the nine people on board the Marquette Warrior were injured.

Shipbreaking Market Continues to Dim

The world gathered this week at a ship recycling conference in Dubai, for the first time in three years due to the onset of the pandemic. The big topics of the day were discussed, including various green and ESG measures being introduced to secure the sustainable future of recycling of older seafaring assets.Of course, there has been minimal activity to speak of in terms of sales, as we usually see one or two (market / private) deals being concluded and rates rising during the TW conference…

Ship Recycing: Plates Plunge

While activity seemed as though it had been steadily increasing going into the final quarter of the year, the last couple of weeks have sent mixed signals as to whether the fourth quarter will actually be better for the ship recycling sector as many have been anticipating.A couple of weeks ago, we saw currencies plummet in Pakistan and Bangladesh to the point, a wait-and-watch attitude encompassed both markets – at least until the first sale to a local recycler establishes the new baseline for a type of unit in that market.This week…

Russia Conducts Military Drills in the Arctic Sea

Russian nuclear-powered submarines fired cruise missiles in the Arctic on Friday as part of military drills designed to test Moscow's readiness for a possible conflict in its icy northern waters, the defense ministry said.The drills, named Umka-2022, took place in the Chukchi Sea, an eastern stretch of the Arctic Ocean that separates Russia from the U.S. state of Alaska.Russia sees its vast Arctic territory as a vital strategic interest and has been building up its military capabilities in the region for years…

Momentum Buildup Continues for US Offshore Wind

Once again, the events of the last month have shown that the impetus to continue to grow the U.S. offshore wind segment has lost little steam. The foundations are firmly in place to support the deployment of 30 gigawatts (GW) of offshore wind by 2030 and 110 GW by 2050.Attractive federal incentives are being put in place to promote offshore wind projects and the development of renewable hydrogen projects, which are ideal for pairing with offshore wind projects. Local supply chain…

Empty Containers in East Coast Ports enter FMC's Crosshairs

While there are many layers to the continued container shipping supply chain woes, and the U.S. Federal Maritime Commission has set its sites on the nuisance of empty containers clogging traffic, on the heals of FMC Chairman Maffei's visit to the Port Authority of New York/New Jersey."In my view, the congestion emanates from the lack of accountability in moving the buildup of empty containers back into the terminals," said Carl W. Bentzel, Commissioner with FMC. "Empty containers…

Oceanside Harbor Dredging Begins

The U.S. Army Corps of Engineers Los Angeles District began its annual dredging of the Oceanside Harbor inlet starting April 19.Manson Construction Company of Seattle is dredging the channel to its authorized federal depth of 20 feet. Dredging is expected to be completed prior to Memorial Day weekend.About 250,000 cubic yards of beach-quality sand will be removed from the harbor’s entrance channel and placed along Oceanside’s beaches. The project’s local sponsor is the City of…

Engine Issues Led to Tanker Striking Dock in Corpus Christi -NTSB

An incorrect solution to address a main engine start issue led to the contact between an oil tanker and a loading dock in the Port of Corpus Christi, the National Transportation Safety Board (NTSB) said Tuesday.The agency published a marine investigation report detailing its investigation into the March 15, 2021, contact of the oil tanker Riverside with Moda Ingleside Energy Center No. 4 loading dock near Ingleside, Texas. The vessel was carrying more than 717,000 barrels of crude oil and was bound for Lisbon, Portugal. No injuries or pollution were reported.

Russian Warships Curb Tilts Turkey to West, Risks Russia's Ire

Turkey’s pledge to block some Russian warships from passing through its waters to the Black Sea during the Ukraine crisis could help repair its ties with NATO, even as it risks reprisals from Moscow.But a buildup of Russian ships waiting to make the journey will test Ankara’s resolve over the next few days and show how far it is willing to go in tilting its uniquely delicate diplomatic balance between east and west.Turkey changed its rhetoric to call Moscow’s assault on Ukraine…

Lukashenko Expects Russia to Build a Port for Belarus Potash Exports

Belarus President Alexander Lukashenko expects Russia to build a new Baltic Sea port for exports of Belarusian potash which were hit by Western sanctions, he said on Friday after he met Russian President Vladimir Putin.The two leaders met as Russia held military exercises in Belarus as part of a buildup of troops near Ukraine that has prompted Western warnings of an imminent Russian invasion. Moscow denies any such plan and says such warnings are dangerous.Belarus' state-owned Belaruskali is the world's second largest producer of the crop nutrient potash.

Marine Insurers Add Russian, Ukrainian Waters to High Risk List

London’s marine insurance market on Tuesday added the Ukrainian and Russian waters around the Black Sea and Sea of Azov to its list of areas deemed high risk as tensions persist in the region, a senior official said.Guidance from the Joint War Committee, which comprises syndicate members from the Lloyd’s Market Association (LMA) and representatives from the London insurance company market, is watched closely and influences underwriters’ considerations over insurance premiums.Following a buildup of Russian troops near Ukraine…

US Denies Its Submarine Entered Russian Territorial Waters

The United States on Saturday denied that it had carried out military operations in Russian territorial waters, after Moscow said a Russian naval vessel chased away a U.S. submarine in Russian waters in the Pacific.Russia accused Washington of breaking international law and creating a national security threat over the incident at a time of high tensions between Moscow and Washington over a Russian military buildup near Ukraine.Interfax news agency cited the Russian Defense Ministry as saying a Russian naval vessel chased away a U.S.

Japan to Divert LNG to Europe Amid Russia-Ukraine Tensions

Japan will divert some liquefied natural gas (LNG) cargoes to Europe after requests from the United States and the European Union, the industry minister said on Wednesday, a step that aligns the country with the West as tensions flare with Russia.Concern has mounted over the possible disruption of supplies from Russia, Europe's biggest gas provider, following the buildup of Russian troops near Ukraine and heightened tensions between Moscow and the West.The extra shipments are expected to arrive next month, minister Koichi Hagiuda told reporters."We have decided to respond to requests from the United States and EU for sending LNG to Europe, where gas supply is tight," Hagiuda said after separately meeting with the U.S.

Australia to Get US Nuclear Submarine Tech as China Looms Large

The United States, Britain and Australia will establish a security partnership for the Indo-Pacific that will involve helping Australia acquire nuclear-powered submarines, senior U.S. officials said on Wednesday, as Chinese influence over the region grows.Under the partnership, to be announced on Wednesday by President Joe Biden, British Prime Minster Boris Johnson and Australian Prime Minister Scott Morrison, the United States will provide Australia with the technology and capability to deploy nuclear-powered submarines…

Germany Signals it Could Halt Nord Stream 2 Pipeline if Russia Invades Ukraine

Germany signaled on Tuesday that it could halt the Nord Stream 2 pipeline from Russia if Moscow invades Ukraine, and Western nations rallied behind Kyiv over a Russian troop buildup that has stoked fears of war.Stepping up diplomacy after talks with Russia ended in stalemate last week, U.S. Secretary of State Antony Blinken will visit Kyiv on Wednesday before heading to Berlin to discuss "joint efforts to deter further Russian aggression against Ukraine" with German, British and French officials.As fears of conflict rose…

Russia Holds Black Sea Navy Drills with Eye on US Ships

Russia's Black Sea naval forces practiced destroying enemy targets on Tuesday as Moscow bristled at the presence of two U.S. warships in the area.President Vladimir Putin said on Monday that Russian forces could observe the USS Mount Whitney navy command ship "through binoculars or in the crosshairs of its ... defense systems" and complained about NATO activity near Russia's borders.On Tuesday, the Black Sea fleet said its ships had rehearsed destroying enemy targets and that their air defense systems had been put on alert at its bases in Novorossiysk and on annexed Crimea…