Italian Forces Board Turkish Cargo Ship to 'Liberate' Crew
Italian special forces boarded a Turkish cargo vessel on Friday after the crew detected a group of unidentified people onboard, some of them armed, Rome's defence ministry said on Friday, adding the o
First Zero-emission Electric Pusher Tug & Barge Enters Service for Cargill
Cargill will charter the world’s first fully electric pusher boat and barges to transport cocoa beans in the Netherlands.The company will use Kotug International’s zero emission E-Pusher and E-Barges to transport cocoa beans from the Port of Amsterdam, the largest cocoa import port in the world, to its cocoa factory in Zaandam. The fully electrified pusher and barges eliminate both emissions and noise pollution for inland shipping.The E-Pusher 1 was christened this week…
Davie Completes Félix-Antoine-Savard Ferry Repairs
Canadian shipyard Davie reports it has completed repair of the ferry MV Félix-Antoine-Savard for the Société des traversiers du Québec (STQ).The car and passenger ferry, originally built in 1997, operates between L’Isle-aux-Coudres and Saint-Joseph-de-la-Rive in the St. Lawrence River.Repairs on the vessel required over 30,000 hours of work, and the replacement of 28 tons of steel.Davie crews worked…
Maritime Partners Announces $235.3 Million Securitization
Maritime Partners, a provider of maritime financing solutions primarily focused on Jones Act vessels, has announced the successful completion of the inaugural capital markets issuance of vessel asset-backed securities (ABS) by MP 2023 LLC, its controlled affiliate. This transaction was the first ABS issuance composed entirely of inland marine vessels.MP 2023 LLC issued an aggregate principal amount of $235.3 million of its MP 2023-1…
Business Group Urges Biden to Intervene in West Coast Ports Labor Dispute
The largest U.S. business group on Friday urged President Joe Biden him to intervene immediately and appoint an independent mediator to address a West Coast ports labor dispute.More than 22,000 dockworkers at ports from California to Washington state have been working without a contract since July. U.S. Chamber of Commerce CEO Suzanne Clark in a letter to Biden cited "continued and potentially expanded…
Kymeta Launches Flat Panel Antenna on OneWeb’s LEO Network
Flat panel satellite antenna company Kymeta and low Earth orbit (LEO) satellite communications company OneWeb announced that Kymeta’s electronically steered Peregrine u8 LEO terminal is now commercially available, becoming the first flat panel antenna to serve the maritime market on OneWeb’s LEO network.Kymeta launched its maritime product line in 2017, and its streamlined Peregrine u8 LEO terminal is purpose-built for maritime applications.
North American Lobster Industry Confronts 'Ropeless' Traps After Whale Entanglements
An emerging technology to fish for lobsters virtually ropeless to prevent whale entanglements is exciting conservationists, but getting a frigid reception from harvesters worried it will drive them out of business and upend their way of life.Injuries to endangered North Atlantic Right Whales ensnared in fishing gear have fueled a prominent campaign by environmental groups to pressure the industry to…
Larger Vessel Gains Lift Baltic Dry Index to Best Week in Three Months
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Friday and marked its best week since mid-March, supported by a rebound in the capesize and panamax vessel segments.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, rose 15 points, or 1.4%, to 1,055, its highest level since May 30.The index was…
LR Grants AIP for Samsung Heavy Industries’ Advanced Systems
Lloyd’s Register (LR) has awarded approval in principle (AIP) to Samsung Heavy Industries (SHI) for its Samsung Autonomous Ship (SAS) Autonomous Navigation System and SVESSEL Communication System, a key result of a joint development project formed in early 2023. The autonomous software for Autonomous Navigation System features an Integrated Bridge System, situational awareness tools and SHI’s Anti-Collision Decision-Making System.
Partners Developing Solution for CTV Electrification Refits
Shift Clean Energy (Shift), Ecomar Propulsion and Aluminium Marine Consultants have signed a memorandum of understanding (MoU) to collaborate and develop a retrofit package to electrify and transform existing crew transfer vessels (CTVs) and workboats into environmentally friendly marine vessels.With the use of Shift’s energy storage systems (ESS), Aluminium Marine Consultants' shipyard capabilities and Ecomar Propulsion's propulsion systems…
China's Largest Naval Training Ship Heads for Philippines in 'Friendly' Tour
China's largest naval training ship sailed for the Philippines on Friday, its last stop of a regional "friendly" tour, amid growing unease over Chinese maritime activities in the South China Sea.The giant training vessel, Qijiguang, bigger than a typical destroyer, left Brunei on Thursday for the Philippines as part of an around 40-day trip which has included stops in Vietnam and Thailand before Brunei.At the end of its trip…
Enterprise Products Partners' Offshore Oil Export Terminal to Open by Early 2027
Enterprise Products Partners' Sea Port crude oil export terminal off the coast of Texas could begin operations between the second half of 2026 and early 2027, the pipeline operator's co-CEO said on Thursday. The terminal, planned for about 30 miles (48 km) off the coast of Texas, is one of several deepwater projects proposed at the height of the U.S. shale oil production boom. Enterprise Co-CEO Jim…
Steel in the Water: Foundation Installation Kicks Off for First Commercial-scale U.S. Offshore Wind Farm
The installation of the first monopiles and transition pieces has kicked off for the first commercial-scale offshore wind farm in the United States - the Vineyard Wind 1.“We can finally say it – as of today, there is ‘steel in the water,’” said Klaus S. Moeller, CEO of Vineyard Wind, the company developing the Vineyard Wind 1 offshore wind farm, located in a federal wind energy area 15 miles south of Martha's Vineyard and Nantucket…