Lack of Dredging Could Delay Chevron's Venezuela Oil Exports
A shipping channel snafu is slowing Chevron Corp’s efforts to load tankers at one of its four Venezuelan joint ventures and bring heavy crude to the United States, three people familiar with the matter said on Wednesday.Washington in November authorized the last major U.S. firm still operating in Venezuela to restore lost output and begin exporting oil as a way to encourage talks between Nicolas Maduro’s…
Norway Gas Exports to Stay at Record Levels for 4-5 Years
Norway plans to export around 122 billion cubic metres (bcm) of natural gas in 2023, in line with last year’s level, and to maintain this volume for the next four or five years, Minister of Petroleum and Energy Terje Aasland said on Thursday.The output for 2022, which had not previously been released, was up 8% from 2021, in line with a previous government forecast, and similar to the all-time high…
Eagle Bulk Buys an Ultramax Bulk Carrier for $24.3 Million
U.S.-based shipowner Eagle Bulk Shipping announced it has expanded its fleet with the purchase of a secondhand Ultramax bulk carrier for $24.3 million.The vessel…
CMA CGM Completes Russia Exit
French-based shipping group CMA CGM has completed its withdrawal from the Russian market by divesting stakes in terminals through an asset swap, the company said.“With this finalized transaction and the decision to suspend all new bookings to and from Russia since March 1st, 2022, the CMA CGM Group will no longer be involved in any entities operating in Russia,” it said in an emailed statement.The deal was concluded on Dec.
Sea Rescue Charities Say New Italian Rules Will Cause Migrant Deaths
Sea rescue charities on Thursday condemned tough anti-immigration measures recently introduced by the Italian government, saying the new rules will cause ever more deaths in the Mediterranean.The decree, which was introduced last week, says charity ships must request a port and sail to it "without delay" after a rescue, rather than remain at sea looking for other migrant boats in distress, as it now happens.Ship captains risk fines of 50…
Liebherr Delivers Mobile Harbor Crane to Port Esbjerg
Last week, Liebherr-MCCtec Rostock GmbH delivered a new LHM 800 High Rise mobile harbor crane to its customer Port Esbjerg.The delivery took place shortly after an incident in the Kiel Canal, in which an LHM 600 ordered by Port Esbjerg was damaged while passing under the Holtenau High Bridge.Liebherr-MCCtec Rostock GmbH said it sent service engineers and technical specialists to assess the situation on site and to assist with the recovery immediately after the incident.
Interview: Grant Pecoraro, US Managing Director, Incat Crowther
Grant Pecoraro, is the U.S. managing director for naval architecture and marine engineering company Incat Crowther. The Australia-based firm’s Incat Crowther USA arm has been in business for over 10 years, and the broader Incat Crowther group is approaching 50 years in business. To date, Incat Crowther has delivered more than 650 vessels, with 130 vessels currently on the order books.Please give an overview of Incat Crowther’s U.S. presence as well as its offering to the American market.
China, Philippines Agree to Handle Disputes Peacefully, Resume Joint Offshore Oil Exploration Talks
China and the Philippines have agreed to set up a direct communications channel between their foreign ministries on the South China Sea to handle disputes peacefully, they said on Thursday.Their agreement, which contained 14 elements aimed at cooling security tensions and boosting economic cooperation, comes as they strive to mend a relationship hurt after the Philippines won a 2016 arbitral ruling…
VIDEO: Ocean Infinity's Armada 7801 Robotic Vessel Reaches Norway
Ocean Infinity's Armada 7801 has reached Norway after a long journey from Vietnam, where its hull was built last year at the Vard Vung Tau shipyard."Our first new ship has arrived in Norway, having set sail on its maiden voyage from Vietnam in November. Installation of the payload equipment and remote systems will now commence ahead of the ship entering service on offshore data acquisition tasks in the coming months…
AiP for Ammonia Floating Storage and Regasification Barge (A-FSRB)
ClassNK issued an Approval in Principle (AiP) for an ammonia floating storage and regasification barge (A-FSRB) jointly developed by NYK Line, Nihon Shipyard Co., Ltd. (NSY), and IHI Corporation (IHI), reportedly the world's first AiP for A-FSRBs handling ammonia as cargo.Ammonia, which does not emit CO2 during combustion, has attracted attention for its use in thermal power plants and other applications as a potential fuel for decarbonization…
TSC, Offshoretronic in Offshore Wind Monopile Installation Collab
OTSC Offshore Corporation (“TSC”), a subsidiary of CMIC Ocean En-Tech Holding Co., Ltd. has signed a memorandum of understanding with Spain-based offshore vessel and equipment design firm Offshoretronic.The MoU entails bringing together Offshoretronic's technical engineering experience in offshore wind transportation and installation, and TSC offshore equipment design and manufacturing expertise, with…
Obituary: Donald Keehan, founder, Advanced Polymer Coatings
Advanced Polymer Coatings (APC), based in Avon, Ohio, announced the passing of its founder Donald Keehan on December 28, 2022, aged 87.In a statement the Keehan family said:“Don was key driving force behind the business, but much more than that, he was a brilliant mind, a great friend, and an extraordinary human being. Born with an entrepreneurial spirit, Don was involved in starting and running several polymer-based technology companies since the 1960’s…
Hull Fouling Spoils Australia-New Zealand Cruise
Viking Cruises will compensate hundreds of passengers on its Orion cruise ship after cruisers were forced to stay on board and miss multiple stops because officials…
US Poised to Regain Crown as World's Top LNG Exporter
The United States is on track to become the world's biggest exporter of liquefied natural gas (LNG) this year - ahead of current market leader Australia - once a fire-idled Texas plant is restarted, according to Reuters data.A June fire sidelined Freeport LNG, the second biggest U.S. export facility, and cut U.S. exports of the fuel by about 2 billion cubic feet per day (bcfd). That outage dropped the United States behind top exporter Australia as global demand for the fuel boomed.In 2022, U.S.
American Cruise Lines Installs Starlink Satellite Internet
American Cruise Lines announced on Wednesday that it has added Starlink satellite internet to its 2023 fleet of riverboats and small cruise ships. The new high-speed Starlink Wi-Fi will be complimentary on all 2023 cruises, ensuring seamless connectivity and faster upload speeds nearly everywhere the company’s small ships are cruising throughout the country—from Glacier Bay Alaska to the sunny Florida Keys…
Christoffersen Appointed MD of Semco Maritime Norway
Semco Maritime has appointed Tor Erik Christoffersen Managing Director of the Group’s Norwegian business. He took up the position on 1 January 2023 and will work from the offices in Bergen and Stavanger, leading Semco Maritime’s 400 colleagues in Norway as well as the activities at the Hanøytangen facilities and offshore in the North Sea.
KR Unveils Port State Control Mobile App
Classification society Korean Register (KR) has launched the 'KR PSC ADVISER' mobile app to help customers prepare for Port State Control (PSC) inspections. The new service is designed to reduce the risk of PSC detentions by providing the latest PSC information in real-time and allowing seafarers to easily keep abreast of PSC checklists with a single app.Available for both iOS and Android devices and downloadable from Google Play and the App Store…
Ukraine Sees Speeding Up Inspections as Key to Black Sea Grain Deal
Ukraine's efforts to increase exports under the Black Sea grain deal with Russia are currently focused on securing faster inspections of ships rather than including more ports in the initiative, a senior Ukrainian official said on Wednesday.Ukraine is a major global grain producer and exporter, but production and exports have fallen since Russia invaded the country last February and started blockading…
Putin Sends Frigate Armed with Hypersonic Missiles to Atlantic Ocean
President Vladimir Putin sent a frigate to the Atlantic Ocean armed with new generation hypersonic cruise missiles on Wednesday, a signal to the West that Russia will not back down over the war in Ukraine.Russia, China, and the United States are in a race to develop hypersonic weapons, which are seen as a way to gain an edge over any adversary because of their speeds - above five times the speed of…
Baltic Index Hits Over 1-month Low as Vessel Demand Falters
The Baltic Exchange's dry bulk sea freight index extended its decline to hit an over one-month low on Wednesday, weighed by weaker demand across vessel segments. The overall index, which factors in rates for capesize, panamax, and supramax shipping vessels carrying dry bulk commodities, lost 74 points, or 5.9%, to 1,176, a day after posting its biggest daily percentage loss in decades.The capesize index dropped 119 points…
