Crowley Charters Tug to Serve Los Angeles, Long Beach
Crowley has entered into its fourth long-term charter for its newest Tier IV ship assist tug, Artemis, with Brusco Tug & Barge.The 77-foot tug will deliver 7,000 horsepower with a bollard pull of 96 tons using two Caterpillar Marine 3516 Tier IV-compliant engines, meeting U.S. Environmental Protection Agency emission standards. Artemis will also feature advanced technology to enhance maneuverability and provide operators with remote monitoring of its performance…
Baltic Dry Index Logs Second Straight Monthly Gain
The Baltic Exchange's main sea freight index gained on Monday, posting its second straight monthly gain, supported by an uptick in rates for capesize and panamax vessels.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, gained 17 points, or 1.5%, to 1,127. The index was up 3.3% for the month.The capesize index earned 43 points, or about 2.4%, to 1,873, its highest level since late June.
Container Rate Collapse Deepens as New Capacity Enters the Market
According to Xeneta’s Shipping Index (XSI), global long-term shipping rates sank to a two-year low in July, falling 9.5% since June, plummetting 57.8% since the same period in 2022. And just as rates hit a fresh low, the bad news for carriers could continue for some time as June saw the highest ever monthly deliveries of new ships, with more than 300,000 TEU of capacity from a total of 40 new ships added to the market.
Ship Fires in the Crosshairs of Ship Inspection Campaign
The Member Authorities of the Tokyo and the Paris Memoranda of Understanding (MoU) on Port State Control will launch a joint ConcentratedInspection Campaign (CIC) on Fire Safety to create awareness among the ship’s crew and owners about the importance of fire safety measures; and to verify that the ship complies with fire safety requirements under the relevant IMO instruments.The three-month inspection campaign will commence September 1…
Burning Car Carrier off Dutch Coast Being Towed Away from Shipping Lanes
A burning car carrier off the Dutch coast is being towed to a new location away from shipping routes as part of a difficult operation to salvage the ship, the Dutch water board Rijkswaterstaat and media said.The ship will be towed to a location 16 km north of the Dutch islands Ameland and Schiermonnikoog, Rijkswaterstaat said in a statement on Sunday.The towing operation began on Sunday, and it was not known when the ship…
Purus Wind's New General Manager to Oversee Offshore Wind Vessel Fleet Expansion
Offshore wind vessel firm Purus Wind has appointed Oliver MacManus as general manager, with immediate effect.MacManus will focus on overseeing the running of the construction/service operation vessels (“C/SOV”) business. "The appointment is integral to positioning Purus Wind for future growth as the business continues to expand its fleet of next-generation battery hybrid C/SOVs and crew transfer vessels (“CTVs”)…
Grafmarine Solar Energy Cells Tested on Carisbrooke Vessel
An international shipping company will install revolutionary solar cells on its vessels to manage and store renewable energy following successful trials in Equatorial waters.Carisbrooke Shipping Ltd, which operates a fleet of multi-purpose vessels from offices in Cowes on the Isle of Wight, signed a letter of intent with Anglesey and Manchester-based Grafmarine to utilize the cutting-edge NanoDeck AI Solar tile management solution.The companies have worked in partnership over the last 12 months…
CMA CGM Braced for Weaker Profit Before Demand Picks up in 2024
French shipping group CMA CGM expects container freight demand to improve from next year but the group's profits will continue to ease this year as a slump in freight rates from record highs and a weak economy weigh on results, it said on Friday.The company, privately controlled by the Saade family, reported a second-quarter net profit of $1.3 billion, down from $7.6 billion in the year-earlier period and from $2.0 billion in the first quarter.
VisuDREDGE: Visualizing the Dredging Process
Visualization of dredging is essential to gain insight into the dredging process. But this is only the beginning of the whole dredging story. To complete that story, we meet with Diederik van Halsema of DC Dredging. He is the fleet manager of the entire DC Dredging fleet, including the vessels DC Ostend, Margaret Ann and Rio. These vessels have a lot of things in common, including MSA-Service's VisuDREDGE dredge visualization system, which is installed on each of these three vessels.
Ocean Shippers Playing Catch Up to Electric Vehicle Fire Risk
Electric vehicles are crisscrossing the globe to reach their eager buyers, but the battery technology involved in the zero- emission automobiles is exposing under-prepared maritime shippers to the risk of hard-to-control fires, industry, insurance, and emergency response officials said.That risk has been put under the spotlight by the burning car carrier [Freemantle Highway] drifting off the Dutch coast.
Perdana Nautika Wins AHTS Vessel Contract
Malaysia's Perdana Petroleum's subsidiary, Perdana Nautika, has secured a contract for the provision of an anchor handling, Tug, and Supply (“AHTS”) vessel to RMS…
Wreck of Ancient Roman Cargo Ship Found off the Coast near Rome
The wreck of an ancient Roman cargo ship from more than 2,000 years ago has been found off the coast near Rome, the arts squad of Italy's Carabinieri police said on Friday. The ship was located off the port of Civitavecchia, about 80 kilometers (50 miles) north-west of the Italian capital, on a sandy seabed at a depth of about 160 meters (525 ft), a statement said. The vessel, estimated to be more than 20 meters long and dating from the 1st or 2nd century BC…
New York Quarry to Provide Rock for Empire Wind Offshore Projects
Great Lakes Dredge & Dock Corporation has signed the first ever subcontract for rock procurement for a U.S. offshore wind farm with Carver Sand & Gravel LLC (“Carver”), a U.S. quarry in the state of New York.Through this subcontract, Great Lakes will use rock produced in the State of New York to provide scour protection for offshore wind turbine foundations, and substations at Equinor and BP's Empire Wind I and Empire Wind II wind farms.
Attracting More People of Color to the Maritime Workforce
In the United States, marine transportation is responsible for $361 billion, or 1.7% of the U.S. Gross Domestic Product (GDP). Marine transportation, a key part of global logistics and responsible for 40% of international trade, goods and services, is the backbone of U.S. trade. In the U.S. in 2021 alone, ships have transported more than 1.5 billion tons of cargo valued at more than $1.5 trillion; in that same time period, U.S.
DMC Inks Deal to Equip Chilean Navy Ships
Wärtsilä has awarded Damen Marine Components (DMC) a contract to provide steering equipment to two Landing Platform Docks (LPD) of the Chilean Navy being built at ASMAR. DMC is supplying a range of energy efficient equipment to the vessels, which will reduce fuel consumption and resultant emissions.The 110-m long Chilean Navy LPDs are being constructed for the Escotillón IV project at the state-owned Astilleros y Maestranzas de la Armada (ASMAR) shipyard.
Burning Ship of Dutch Coast Carries 498 Electric Vehicles, Not 25 as Initially Thought
The car carrier burning off the Dutch coast since Tuesday night is carrying nearly 500 electric vehicles, ship charter company "K" Line said on Friday, significantly more than the 25 initially reported by the coastguard.The fire on the Panamanian-registered Fremantle Highway, which was carrying new cars, resulted in the death of an Indian crew member and injury of seven others who jumped overboard to escape the flames.There were 3…
South Africa: Feedlot Manager Arrested for Dehorning Rams Bound for Sea Transport
The Feedlot Manager of the live export company Al Mawashi has been arrested in South Africa after animal welfare inspectors found over 126 rams with their horns cut off - in an attempt to make them eligible for export by sea to Kuwait.The dehorning was done after the NSPCA Inspectors had left the feedlot, once the loading of animals had been concluded for the day.The Inspectors were horrified to find the distressed rams, some bleeding profusely.
Singapore Completes First Methanol Bunkering
Maersk and Hong Lam Marine have conducted the world’s first ship-to-container ship methanol bunkering operation of a Maersk’s container vessel at the Raffles Reserved Anchorage in Singapore.This was also Singapore’s first methanol bunkering and it was conducted with the support of the Maritime and Port Authority of Singapore (MPA), government agencies and research institutes.Maersk’s container vessel…
Hybrid Research Vessel Delivered to University of Vermont
Derecktor Shipyards NY in Mamaroneck, N.Y. announced it has delivered a new hybrid research catamaran to the University of Vermont (UVM). The innovative vessel, Marcelle Melosira, will serve as a floating classroom and laboratory, enabling advanced research operations and hands-on educational programs.Designed by Chartwell Marine and built in collaboration with UVM and Chartwell, the 64-foot research…
Keppel Profit Soars on One-off Gain from O&M Unit Sale
Singapore's Keppel Corp KPLM.SI on Thursday reported a more than seven-fold jump in its first-half profit boosted by a one-off gain from the sale of its offshore and marine (O&M) unit and strong performance from the infrastructure business.Keppel sold its offshore and marine business in February for S$4.50 billion ($3.40 billion) to Sembcorp Marine, recognising a gain of S$3.3 billion, as it aims to…
