Shipping Slumps on Russia's Azovo-Don Inland Waterways
Commercial cargo shipments on Russia’s Azovo-Don inland waterways have slumped in 2022 to the lowest level on record amid Western sanctions and traffic suspensions on vessels in the Azov sea, Russian Federal Agency for Sea and Inland Water Transport (Rosmorrechflot) said.The Azovo-Don waterways are used during the summer period as an alternative to railways for the export of cargoes, including oil…
Carnival Posts Smaller Loss as it Tightens Control on Costs
Carnival Corp on Wednesday posted a smaller-than-expected quarterly loss as the cruise operator kept a tight lid on operating costs, sending its shares up about 7% in morning trade.Cruise operators including Carnival have been wrestling with rising fuel prices, a stronger U.S. dollar and higher interest rates, which have been further exacerbated due to the ongoing Russia-Ukraine conflict.Carnival has been removing some of its less efficient ships from the company’s fleet…
Poland and the Baltics Eye Growth in Offshore Wind
Poland and the three Baltic countries, Estonia, Latvia and Lithuania, present a significant opportunity to expand offshore wind generation beyond the Baltic waters of Denmark, Germany and Sweden. Driven by the need to decarbonize energy supply and increase energy security, Poland and the Baltics can be seen as both a single opportunity for the supply chain to support the deployment of at least 28 GW of offshore wind by 2035 and also as individual country opportunities.
FureBear Orders Svanehøj Electric Cargo Pumps for Seven Tankers
Denmark-based marine pump maker Svanehøj said Wednesday it had secured an order to deliver electric cargo pumps for seven LNG-/LBG-fueled chemical & product tankers. The client is the joint venture-company FureBear.Swedish Furetank AB and Canadian Algoma Central Corporation have entered into a joint venture agreement to construct eight LNG/LBG-fueled ice class 1A chemical & product tankers (17,999 DTW) to trade in Northern Europe.The joint-venture company…
Russia's Azovo-Don Inland River Shipping Sees Slump amid Traffic Restrictions, Sanctions
Commercial cargo shipments on Russia's Azovo-Don inland waterways have slumped in 2022 to the lowest level on record amid Western sanctions and traffic suspensions on vessels in the Azov sea…
Vestas, N-O-S to Deploy World's First Methanol-powered Crew Transfer Vessel at German Wind Farm
Offshore wind turbine maker Vestas and offshore vessel owner Northern Offshore Services (N-O-S) have partnered up to deploy the world’s first methanol-powered offshore crew transfer vessel to drive down emissions from offshore wind service operations.Vestas has signed a five-year charter to explore how the world’s first methanol-powered crew transfer vessel (CTV) can help reduce carbon emissions from its offshore service operations.
Many Dead Among at Least 100 Rohingya Stranded on Boat off India's coast, Activists Report
At least 100 ethnic Rohingya are stranded in a boat off India's Andaman Islands and as many as 16-20 may have have died of thirst, hunger or drowned, said two Myanmar Rohingya activist groups. Each year many Rohingya, members of a Muslim minority, risk their lives boarding rickety vessels to escape violence in Myanmar and squalor in Bangladesh refugee camps. Many attempt to reach Malaysia. The stranded boat was approached by five Indian ships late on Tuesday, a source told Reuters.
Great Ships '22: USS Jack H. Lucas (DDG 125)
The Arleigh Burke-class Guided Missile Destroyer - The world’s most successful post-war surface combatantsThe USS Arleigh Burke (DDG 51) class of guided missile destroyers can rightfully be called the most successful class of surface combatants in the post-World War II era. The lead ship was commissioned in 1991, and the Navy is still building them at Huntington Ingalls Industries Ingalls Shipbuilding in Pascagoula, Miss., and General Dynamics Bath Iron Works in Bath, Maine.
NOV to Design, Equip Havfram Wind Installation Jack-up Vessel
NOV has signed contracts with CIMC Raffles to supply a GustoMSC NG-20000X self-propelled wind turbine installation jack-up vessel design for Havfram, an offshore wind services company based in Norway. The NG-20000X-HF vessel will be among the largest wind installation jack-ups in the industry. It features a 3,250-ton heavy lift crane and can install foundations up to 3,000 tons and wind turbines with tip heights over 300 m in water depths up to 70 m.
THSD Frederick Paup to Sport Schottel RudderPropellers
The largest U.S.-flagged, self propelled trailing suction hopper dredger (THSD) Frederick Paup will be propelled by a trio of Schottel RudderPropellers manufactured at the German Wismar production site. Scheduled to enter operation in 2023, the dredger will be owned and operated by Manson Construction Co., and is currently under construction at the Keppel AmFELS Shipyard in Brownsville, Texas. It will be 128 m in length…
Japan's MOL, India's GAIL Sign Charter Deal for Newbuild LNG Carrier
Japan's Mitsui OSK Lines (MOL) and India's state-run GAIL have signed a time charter contract for a newbuild liquefied natural gas (LNG) carrier, and for joint ownership of an existing LNG carrier. The newbuild vessel will be built by South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering with a charter period from 2023, according to a joint statement by MOL and GAIL on Wednesday. This is the second charter agreement for an LNG carrier signed between MOL and GAIL…
Payment Issues Leave Dozens of Bulk Carriers Stranded Off Iran
Dozens of merchant ships with grains and sugar are stuck outside Iranian ports after weeks of delays as payments snags disrupt flows of goods into the country, according…
AG&P, ADNOC L&S to Convert LNG Carrier into FSU and Deploy it in India
Atlantic Gulf & Pacific International Holdings (AG&P) have signed a charter agreement to use ADNOC L&S 's LNG Carrier Gasha, as a Floating Storage Unit (FSU).The LNG carrier will be used at AG&P's LNG import terminal in India, which will be commissioned in the second half of 2024. The charter deal is valid for 11 years with the option of a four-year extension. The two firms which have previously entered two similar agreements for FSUs in India and the Philippines.
Eagle Bulk to Transfer Listing to the NYSE
Stamford, Conn. based dry bulk shipping company Eagle Bulk Shipping on Monday announced it will transfer the listing of its shares from the Nasdaq Global Select…
Gas Starts to Flow to Freeport LNG Export Plant in Texas
Freeport LNG’s long-shut liquefied natural gas (LNG) export plant in Texas was on track to receive natural gas on Tuesday, according to data from Refinitiv, a possible sign the plant might meet the company’s projected end-of-the-year return date.The Freeport shutdown added to the squeeze on global gas caused by Russia’s invasion of Ukraine. It helped boost prices in Europe and Asia to record highs over the summer, while capping gains in U.S.
HII Begins Fabrication of Amphibious Assault Ship Fallujah (LHA 9)
HII’s Ingalls Shipbuilding division in Pascagoula, Miss. started fabrication of the U.S. Navy’s newest amphibious assault ship Fallujah (LHA 9) on Monday. The start of fabrication signifies that the first 100 tons of steel have been cut for the ship and that the shipyard is ready to move forward with the construction of the ship.“Our shipbuilders are proud of the work they do for the security of our nation and for our Navy and Marine Corps customers…
Cargotec CEO Vehviläinen to Retire in 2023
Cargotec announced on Tuesday that its board of directors received notification from CEO Mika Vehviläinen that he will retire in 2023, in accordance with the terms of his contract.The board has started its a search for a successor, the Finnish cargo-handling machinery manufacturer said.“It has been both a privilege and a pleasure to lead the transformation of Cargotec together with so many committed and talented colleagues.
Armach's Hull Service Robot Excels in Over-the-horizon Operation Trials
Armach Robotics said on Tuesday that it had reached a major milestone by operating its hull cleaning robot successfully in full over-the-horizon (OTH) mode.In the water in Norfolk, VA, Armach’s hull service robot, was earlier this month monitored and controlled by staff at Armach’s command center in Plymouth, MA, using a 4G modem providing over-the-air connectivity.Once the communications connection was made between Norfolk and Plymouth…
Thailand Races to Find Missing Marines from Sunken Warship
Thailand's military mobilised helicopters, warships and unmanned drones off its central coast on Tuesday as rescue teams raced against time to find survivors after a navy corvette sank at the weekend in choppy waters.One marine was rescued alive on Tuesday from the waters of the Gulf of Thailand, the navy said, among dozens who were forced to abandon the HTMS Sukhothai late on Sunday after it was knocked over by four-metre (13 ft) waves and strong winds.
Orange Finance Head Fernandez to Join CMA CGM
French telecoms group Orange's deputy chief executive and head of finance, Ramon Fernandez, is leaving the company to join shipping and transport company CMA CGM as finance director.Fernandez will Orange at the end of the first quarter of 2023, the company said on Tuesday, adding that a successor will be named soon.French transport group CMA CGM said in a separate statement that Fernandez would start…
