Marlink to Provide Hybrid Network Connectivity to 100 Ships operated by Thome Group
Maritime communications specialist Marlink has signed an agreement to provide hybrid network connectivity services to at least 100 ships operated by shipmanager Thome Group. The contract will guarantee that the vessels are equipped with Marlink’s high speed VSAT service as well as L-band back-up to ensure flexible guaranteed bandwidth at all times. Based in Singapore, the Thome Group provides integrated ship management services…
Baltic Index Posts Fourth Weekly Fall
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for the fourth straight week as rates for capesize vessels slumped.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, was down 38 points, or about 4.7%, at 763 — its lowest in over two-and-a-half years.The index lost about 19.3% during the week.The capesize index lost 106 points, or about 11.9%, at 787.
Euronav VLCCs Named at Hyundai Samho
South Korean shipbuilder Hyundai Samho Heavy Industries on January 10 hosted a naming ceremony for a pair of new very large crude carriers (VLCC) it is constructing for Belgian shipowner Euronav.The Cassius and Camus are being built as liquefied natural gas (LNG) ready with the ability to cut CO2 emissions compared to current market standards. Each is also fitted with exhaust gas scrubber technology and a ballast water treatment system.The 299…
Konecranes Inks Licensing Deal with Larsen & Toubro
Konecranes and Larsen & Toubro (L&T) have signed a licensing agreement for the manufacturing and distribution of Konecranes port cranes in India. The first products have been sold under this agreement: two shipyard jib cranes will be delivered to the Cochin Shipyard in Cochin, Kerala province.The agreement between Konecranes and L&T’s Minerals & Metals business unit covers manually operated Ship-to-Shore cranes…
First Cruise Ships Tap Shore Power at Port of San Diego
On January 13, two cruise ships plugged into the newly completed shore power expansion at the Port of San Diego cruise ship terminal for the first time – a doubling of the previous capacity.The Disney Wonder and the Insignia were able to simultaneously use shore power rather than running their diesel engines while at berth. Previously, only one cruise vessel could plug in.The recent addition of the…
SMST to Deliver Equipment for First Asia-designed CSOV
Marco Polo Marine, the Singapore-based marine logistics company, has awarded SMST the contract for the delivery of a gangway and a crane for its offshore wind Commissioning Service Operations Vessel (CSOV). The vessel will be used in commissioning works during the construction of offshore wind farms, as well as maintenance operations. SMST’s mission equipment consisting of an Access & Cargo Tower with a motion-compensated gangway…
Insolvency at European Storage Terminal Supports Tank Storage Rates
The insolvency of a major storage terminal planned in northwest Europe has supported regional tank storage rates for diesel and gasoline, just as European traders rush to fill up diesel tanks ahead of a Feb. 5 ban on Russian fuel.Earlier this month, the district court in Rotterdam declared the insolvency of the long-delayed HES Hartel Tank Terminal, to be developed in Europe's major trading port of…
US Fines Greek Ship Owner for Environmental Crimes
The U.S. has imposed a $2 million fine on the owner and operator of a bulk carrier that knowingly committed pollution crimes on the Mississippi River. Greek-based Empire Bulkers and related company Joanna Maritime were sentenced Thursday for committing "knowing and willful violations" of the Act to Prevent Pollution from Ships (APPS) and the Ports and Waterways Safety Act related to their role as the…
Shipping Still in Dark Over Clean Fuel Solutions, Industry Official Says
Shipping companies are still waiting for "real green" fuel solutions as part of decarbonization efforts to clean up the industry, a leading industry official said.Shipping, which transports around 90% of world trade and accounts for nearly 3% of the world's CO2 emissions, is under growing pressure from environmentalists to deliver more concrete action, including a carbon levy."We are still awaiting engine and shipbuilders to come up with real green solutions…
Third Floating LNG Terminal Arrives in Germany
A floating terminal to import liquefied natural gas (LNG) arrived in the port of Brunsbuettel on Friday, the third such vessel to start up in recent weeks as Germany…
LNG to Play a Leading Role in the Energy Transition, ABS Head Tells USCG Leaders
Liquefied natural gas (LNG) will play a leading role in meeting shipping’s decarbonization goals, Christopher J. Wiernicki, ABS Chairman, President and CEO, said in a keynote speech delivered to U.S. Coast Guard (USCG) leaders at the Liquefied Gas and Alternative Fuels Senior Executive Forum.“We are going to have to begin to balance what we're facing today, which is, essentially, how do we handle energy…
Interview: Tim M. Clerc, VP Engineering, Seacor Marine
Tim Clerc’s maritime career spans half a century, starting with his cadet training in 1969 in the U.K. He sees hybrid technology as one of the most transformational technological developments in maritime in that span, and the company is currently awaiting its 10th hybrid, the Seacor Yangtze. Clerc discusses the hybrid strategy and offers some practical insights.If you had to pick one technology that you think has made the business of running ships more efficient…
US Navy Relieves Two Commanding Officers
The U.S. Navy on Thursday announced it has relieved the commanding officers of two of its U.S. East Coast warships, USS Carney (DDG 64) and USS Mesa Verde (LPD 19).In separate statements, the Navy said it relieved Cmdr. Alexa Jenkins and Capt. Michael D. Nordeen, citing loss of confidence in their ability to command.Jenkins, who served as commanding officer of the USS Carney (DDG 64) since June 2022, was relieved by Capt.
Production Floater Market Outlook Brightening
IMA/WER has just completed its Annual Review and Five-Year Forecast of Orders for Floating Production Systems. The report:•provides a detailed look back at developments in the deepwater sector over the past year,•assesses 12 underlying market drivers that will determine the pace of production floater orders over the next five years,•identifies specific projects in the planning queue that will likely…
Asyad Orders Two LNG Carriers from Hyundai Samho
Oman’s Asyad Shipping has signed an agreement with Korean shipyard Hyundai Samho Heavy Industries to build and deliver two fifth-generation liquefied natural gas (LNG) carriers in 2026.Asyad Shipping and Asyad Drydock CEO, Ibrahim Al-Nadhairi, said, “The fifth-generation 174,000 cbm LNG carriers meet the highest international standards of environmental and commercial sustainability, as well as boasting 58% less fuel consumption than the older, second-generation 138,000 cbm LNG carriers.
OSM Maritime and Thome Agree to Merge
OSM Maritime Group and Thome Group have agreed to a merger that will create one of the world's largest ship management companies.The combined company OSM Thome will be headquartered in Arendal, Norway, with technical management hubs maintained in Singapore and Europe. Today, the two companies manage 1,000 ships in different segments such as tank, bulk, container, car carriers, cruise ships and offshore vessels and units…
Bristol Harbor Group Promotes Two
Naval architecture and marine engineering firm Bristol Harbor Group, Inc. (BHGI) announced the promotion of two members of its team, Ian M. Lawson, P.E. and Teri L. LaForest, P.E.Upon earning his Professional Engineer License in Rhode Island, Lawson has been promoted to Senior Naval Architect. He has been with BHGI for over five years, during which he has filled both engineering and project management roles and specializes in the development of novel vessel designs and concepts…
Vessel Seeks Other Port on Expected Freeport LNG Delay
At least one liquefied natural gas (LNG) vessel gave up on Freeport LNG's export plant in Texas by Thursday after a growing number of analysts and other sources…
Baltic Dry Index Falls to Fresh 2.5-year Low
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, extended losses on Thursday to a fresh two-and-a-half-year low, pressured by a dip in rates for capesize vessels.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, was down 73 points, or about 8.4%, at 801, its lowest since June 2020.The capesize index fell to a four-month low, losing 214 points, or about 19.3%, to 893, also marking its worst day this
MARAD Offering Nearly $20 Million in Small Shipyard Grant Funding
The U.S. Department of Transportation’s Maritime Administration (MARAD) on Thursday announced the availability of nearly $20 million in Federal Fiscal Year 2023 funding to help modernize small U.S. shipyards and train the workforce in this sector.MARAD’s Small Shipyard Grant Program provides grants that can be used by shipyards to purchase equipment or provide employee training.“Small shipyards play vital roles in their local economies and our national economy,” said U.S.
