UK Court: Shipbuilder Privinvest Can Appeal Over "Tuna Bond" Case
Emirati-Lebanese shipbuilder Privinvest has been granted permission to appeal against Mozambique's victory in a London lawsuit over the decade-old "tuna bond" scandal…
Rhine River: Ships Able to Increase Loads After Rise in Water Levels
Rain over the Easter weekend in Germany has raised Rhine river water levels, with vessels able to carry more cargo, though the river is still too shallow for normal sailings, commodity traders said on Tuesday.Extreme lack of rain in March and April resulted in low water levels hampering April shipping on all of the river south of Duisburg and Cologne, including the chokepoint of Kaub, traders said.In northern regions around Duisburg vessels were able to sail about 80% full…
Chevron: Reduced LNG Production at Australian Facility for Planned Maintenance
Chevron is conducting minor planned maintenance at its Wheatstone natural gas facility in Australia, temporarily reducing production rates on LNG Train 1, a company spokesperson said on Tuesday."The annual service event is expected to be completed within the coming week," the spokesperson said, adding that domestic gas production has remained unaffected.The Chevron-operated Wheatstone facility comprises two LNG trains with a combined export capacity of 8.9 million tons per annum, and a domestic
Denmark to Spend $600 Million on Naval Vessels
Denmark will spend about 4 billion crowns ($614 million) on building and procuring 26 navy vessels for patrolling, oil spill response and surveillance of undersea cables, Defence Minister Troels Lund Poulsen said on Tuesday.Countries bordering the Baltic Sea are on high alert after a number of outages of power cables, telecom links and gas pipelines since Russia's invasion of Ukraine in 2022, including sabotage of the Nord Stream gas pipelines.
Alewijnse: Tug Production Boost at Damen Song Cam Shipyard
Electrical system integrator Alewijnse is preparing for an increasing number of tugs and workboats being built at Damen Song Cam Shipyard in Vietnam. The on-site installation team is being expanded, ready for additional projects as the shipyard plans to increase production to up to eighty fully equipped workboats per year.Vietnam has experienced significant growth in recent years and this trend is set to continue in the coming years…
Bulker S&P Activity Falls Sharply in Q1 2025
Due to market uncertainty, overall sale and purchase levels for Bulkers have fallen year on year, with a decrease of c.58% and just 77 reported this year to date, compared to 182 for the same period last year. Since the US proposed fees to Chinese-built vessels entering US ports in February, sale and purchase levels for Chinese-built Bulkers has fallen by c.58% with just 62 transactions reported since February…
M/V Big Valley 325: Ergon Expands Fleet with New Crew Boat
Ergon Marine & Industrial Supply Inc. (EMIS) has taken delivery of a new crew boat, M/V Big Valley 325, bringing the company’s total number of crew boats to three and increasing its capacity to serve marine operators navigating the Mississippi River. The 47- x 12.5-ft. vessel, powered by twin 300 HP outboard engines, enhances our speed and efficiency in transporting crew members to vessels and delivering fuel and supplies to customers.
Two Injured as Glomar’s OSV Hits Offshore Wind Turbine in North Sea
Glomar Offshore’s offshore supply vessel (OSV) Glomar Venture has reportedly hit the foundation of an offshore wind turbine in the Dutch North Sea, leaving two crew members injured in the accident.The Royal Dutch Sea Rescue Society (KNRM) received a distress call for medical evacuation from Glomar Offshore around 7.00 am local time on April 20, which reported that two of the crewmen aboard Glomar Venture OSV have been injured.KNRM deployed its lifeboat Irene & Henk for the assistance…
Near Miss Reporting – Training Mariners to Speak Up
Whether it’s an unsafe working condition, an equipment failure, or a concern about a colleague’s competency, mariners must feel empowered to voice concerns without fear of retribution. For all the training you invest in, nothing is more important than a mariner using their intuition and instincts, refined over a lifetime at sea, to recognize and act on potential dangers.One way the industry has encouraged this is through Near Miss Reporting…
NAG Marine inks $28.5m Navy Contract for HMI's
NAG Marine, LLC, a provider of shipboard automation and ruggedized computer systems for maritime applications, has been awarded a $28,591,735 firm-fixed-price, indefinite-delivery/indefinite-quantity (IDIQ) contract by the U.S. Navy for the design, production, and delivery of advanced human-machine interfaces (HMIs). These interfaces will support propulsion auxiliary control, damage control, ballast control, and various other machinery systems across multiple U.S.
Techano Oceanlift to Supply Offshore Crane for MPSV Newbuild
Nekkar’s subsidiary Techano Oceanlift has been awarded a contract by Hercules Supply to deliver an offshore crane for its multi-purpose support vessel (MPSV) newbuild, currently under construction at Fujian Mawei Shipyard.Techano Oceanlift will supply a 70-tonnes capacity crane capable of performing subsea construction work and topside lifting operations. The company’s scope of work includes engineering…
Huisman to Equip Capital Offshore’s PSVs with Four Cranes
Crane specialist Huisman has signed a contract with Greek shipowner Capital Offshore for the delivery of four Knuckle Boom Cranes, which will be fitted on new platform supply vessels (PSVs).The cranes will be installed on the new MMC-designed PSVs currently under construction at the Fujian Mawei shipyard, and destined for operations in the Brazilian market.Boasting a lifting capacity of 100 mt each…
US Waters Down China Ship Fee Plans, COSCO Remains Indignant
On April 17, the Trump administration shielded domestic exporters and vessel owners servicing the Great Lakes, the Caribbean and U.S. territories from port fees to be levied on China-built vessels.The Federal Register notice posted by the U.S. Trade Representative (USTR) was watered down from a February proposal for fees on China-built ship of up to $1.5 million per port call.Ocean shipping transports about 80% of global trade - from food and furniture to cement and coal.
Tech, Digitalization Reshape Traditional Maritime Jobs
The maritime industry is a cornerstone of the global economy, facilitating over 90% of world trade and generating billions in economic activity. In the United States, waterfront employment represents a critical sector, supporting nearly 21.8 million jobs and contributing approximately $2.89 trillion to the national GDP. Despite its enormous impact, the industry faces unprecedented challenges that demand…
Hanwha Moves to Build LNG Carriers in U.S., Bloomberg reports
As tariffs and trade wars continue to unsettle markets globally, some astute companies are moving to fill the void. One is South Korean shipbuilder Hanwha Ocean, which according to a report by Bloomberg is moving to build the LNG tankers in the United States, responding to new policy recommendations from the U.S. Trade Representative (USTR) aimed at curbing China’s dominance in global shipbuilding.The USTR proposal, unveiled Thursday, includes tariffs on Chinese-built vessels calling at U.S.
Shell to Complete Marine Survey at Venezuela Gas Field Ahead of License Cancellation
Shell plans to complete a marine survey at Venezuela's offshore Dragon gas field before a U.S.-set May deadline to wind down all licenses related to energy projects in the country, sources close to the preparations said.Colombia-flagged survey vessel Dona Jose II arrived in U.S.-sanctioned Venezuela this month to gather data for Shell and Trinidad's National Gas Company, according to LSEG vessel monitoring data.The exploration work…
LPG Market Faces Shifts Amidst Trade War
The global liquefied petroleum gas (LPG) market is facing an upheaval as high tariffs on U.S. imports force Chinese buyers to swap American cargoes for alternatives from the Middle East, while U.S. shipments divert to Europe and elsewhere in Asia.The shakeup is expected to depress the shale gas byproducts' prices and demand, hurt the bottom lines of U.S. shale producers and Chinese petrochemical companies…
Philippines, US: Annual Joint Combat Drills Begin in "Full Battle Test"
More than 14,000 Filipino and American soldiers kicked off annual military exercises on Monday for a "full battle test" between the two defense treaty allies in the face of regional security concerns, including tensions in the South China Sea.The annual "Balikatan" (shoulder-to-shoulder) exercises will run for three weeks until May 9, showcasing an array of U.S. weapons that include the NMESIS anti…
NUWC Division Newport: $2 Billion Impact on Economy in 2024
The total funded program of the Naval Undersea Warfare Center (NUWC) Division Newport reached $2 billion in 2024, according to the recently released economic impact report.Of its total operating budget, $776 million was spent by Division Newport in civilian payroll and labor, materials, operational expenditures, property maintenance and repair, and military payroll, while $1.2 billion funded contracts.One of two divisions of the Naval Undersea Warfare Center…
MarLEN Project Launches for Zero-Emission Waterborne Transport
The maritime and inland waterway sector is at a turning point in the transition towards zero-emission waterborne transport. To accelerate this transformation, the MarLEN (Maritime Low Emission Network) project has been officially launched under the HorizonEurope program. Coordinated by Forschungszentrum Jülich, this 54-month Horizon Coordination andSupport Action (CSA) brings together 14 ministries…
