Baltic Index Drops as Capesize Rates Ease
The Baltic Exchange's main sea freight index fell for an eighth-straight session on Friday, as rates for capesize vessels eased.* The Baltic index, which tracks rates for capesize…
Pirates Release Kidnapped Tanker Crew off Togo
Pirates have released three crew taken hostage from a Greek oil tanker off the coast of the West African country of Togo in November, the vessel's manager said on Friday.A fourth hostage…
Digital Developments Continue Apace in the Workboat Space
Sustainable, energy-efficient working practices and environmental regulatory compliance are among the hot-button topics driving the spread of maritime digitalization.The benefits of a digital strategy for companies working within the maritime industry soon stack up. In addition to providing operational/logistical streamlining, data-based insights, a competitive edge and a reputational leg-up, connecting…
Offshore Wind: Decisions Needed Sooner, not Later
On September 26, the State University of New York Maritime College hosted a conference on the emerging east coast offshore wind industry. “Offshore Wind Power, Planning for America’s Ocean Energy” focused on four fundamental topics:• East Coast Wind Farm Overview – Status of the Industry.• Jobs and Supply Chain Technical Working Group.• Wind Farm Port Development.• Offshore Wind Maritime Operations.In some ways…
Genting Taps ABB to Propel next-gen Cruise Ships
Genting Hong Kong’s six ‘Universal Class’ ships will sport ABB power, propulsion and digital solutions, a $175 deal for million contract to supply for the industrial giant.The six 286-m ships will be built at MV Werften, shipyards owned by Genting, for delivery in 2023-2024. Each will be outfitted with twin ABB Azipod electric propulsion units, delivering a combined power of 30 MW (40,230 HP), fueled by LNG.The Azipod propulsion system…
LNG Suited for Select VLCC Routes
SEA\LNG has released the results of its third investment study, which underlines liquefied natural gas (LNG) as a compelling investment solution for Very Large Crude…
Semtech, Wilhelmsen, TTI Team-up for Maritime IoT
Semtech, Wilhelmsen and The Things Industries (TTI) have formed a partnership to use Semtech’s LoRa devices to help deliver what they describe as cost-effective…
Vado Gateway Container Terminal Opened
The international container terminal operating company APM Terminals (APMT) said it has opened a new container terminal in Vado Ligure, on the Italian Riviera, which will be capable of handling 900…
OSG Extends AMSC Charters for Tanker Quartet
Florida-based tanker shipping company Overseas Shipholding Group (OSG) has exercised options to extend its bareboat charter agreements with Norwegian-American shipowner…
L&B Long-Term Fleet Contract With Marlink
Leonhardt & Blumberg (L&B), Germany’s largest independent charter owner of 15,000-35,000 DWT container ships and ship management company, has renewed its long-standing…
Iran, Oman Pact to Expand Maritime Transportation
Iranian and Omani officials have signed a cooperation agreement aimed at boosting maritime navigation, trade and transportation between the two Persian Gulf countries.The…
Norway's Oil Production Up in November
Norway's preliminary production figures for November 2019 rose in November from the previous month, beating official forecast by 13.2%, said the Norwegian Petroleum…
GoM: Total Begins Two Deepwater Projects
Total S.A announced the final investment decision (FID) to develop the Anchor oil field located in the deepwater U.S. Gulf of Mexico (GoM), off the coast of Louisiana.Additionally…
RAL to Design Tug for Modutech Marine
Canadian marine engineering services firm Robert Allan Ltd (RAL) said that it has been awarded a contract by Modutech Marine Inc. of Tacoma, Washington to design…
U.S., China Reach Trade Deal 'in principle'
The White House has reached a "deal in principle" with Beijing to resolve the 17-month U.S.-China trade war, according to a source briefed on the trade talks.The White House was expected to make an announcement later on Thursday, the source said."The written agreement is still being formulated, but they have reached an agreement in principle," the source said. No details were immediately available.In an attempt to secure a "phase one" trade deal, U.S.
Icebreaking Kicks Off on the Great Lakes
It's that time of year.The US Coast Guard announced it has commenced icebreaking operations in response to expanded ice growth in the commercial ports of western Lake Superior.Operation Taconite, launched by Coast Guard Sector Sault Sainte Marie on Wednesday, is one of two icebreaking operations that support the Great Lakes. It encompasses Lake Superior, St. Marys River, Straits of Mackinac, Georgian Bay…
Damen Inks Deal for Hydrographic R/V
Damen Shipyards Group signed a Damen Technical Cooperation (DTC) contract with Cotecmar during ExpoDefensa 2019 in Bogota. The contract will see DTC provide design, engineering and technical assistance for the construction of a Scientific Marine Research Vessel (Buque de Investigación Científico Marina (BICM)).Cotemcar will build the hydrographic and oceanogrpahic research vessel for DIMAR (Direccion Maritima – Maritime Authority) at their Mamonal location.
Two 'Combi Freighter' Contracts for Alewijnse
Alewijnse Marine has won the contract for the electrical fit-out of two additional Damen Combi Freighter 3850s currently in build at Damen Yichang Shipyard for delivery in January 2020.The contract is based around the design, build and delivery of the main and emergency switchboards that form the core of the vessels’ electrical systems including those for alarm monitoring, fire alarms and public address.
BOATBUILDING: From Estonia with Love
Lyman-Morse Boatbuilding, the classic Maine boat designer and builder will build to Baltic Workboats design for the domestic workboat market.Lyman-Morse Boatbuilding, the classic Maine boat designer and builder will announce at this year’s International WorkBoat Show that it has entered into the domestic workboat market as the Jones Act builder for the Estonian, Baltic Workboats wave piercing pilot boat…
Unified Command Established for Grounded F/V
A Unified Command was established on Wednesday afternoon to oversee the safe removal of fishing vessel Sea Angels, which ran aground in the vicinity of Browns Inlet, North Carolina.On Dec. 9, 2019, fishing vessel Sea Angels ran aground near a restricted navigation area in Browns Inlet, where the potential of unexploded military ordnance exists due to active live fire training in the area dating back to World War II.There is an estimated 15…
