Baltic Index Hits Over One-week Low
The Baltic Exchange's dry bulk sea freight index slipped to its lowest in more than a week on Monday, pressured by declines in the capesize and supramax segments.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels carrying dry bulk commodities, dropped 30 points, or about 2.2%, to 1,325, its lowest since November 4.The capesize index lost 98 points, or about 6.4%, to 1,446.Average daily earnings for capesize, which typically transport 150,000-tonne cargo
Bollinger Completes Acquisition of Halter Marine
Louisiana-based Bollinger Shipyards announced it has completed its acquisition of Pascagoula, Miss. shipbuilder VT Halter Marine and neighboring repair yard ST Engineering Halter Marine Offshore (STEHMO) from parent company ST Engineering North America, the U.S. subsidiary of Singaporean multinational technology, defense and engineering group ST Engineering.The deal, first announced on November 7, is said to be worth $15 million, according to ST Engineering.
Torqeedo Opens New HQ and Production Facilities
Marine electric drives manufacturer Torqeedo GmbH celebrated the grand opening of a brand-new 8,300 m2 building near Munich where all company activities, including research, development, and production, will now take place.Fabian Bez, Torqeedo's chief executive officer, said, Whether by road, rail, air or water, sustainable forms of propulsion are needed to achieve the climate targets. In the transport sector, in particular, there is still a lot to be done.
Singapore Marine Fuel Sales Hit One-year High in October
Marine fuel sales in Singapore surged to a one-year high in October, latest official data showed on Monday, as more competitive prices attracted ships to refuel at the world's top bunkering hub. October bunker sales totaled 4.25 million tonnes, climbing 7% from September, while vessel arrivals for bunkering at Singapore rose 9% month-on-month at 3,431 vessel calls, data from Singapore's Maritime and Port Authority showed.
Strategic Marine to Build Three Chartwell Marine-designed Crew Transfer Vessels
Singapore-based shipbuilding company Strategic Marine has signed an order to build three ‘Brevity’-class crew transfer vessels (CTVs) from Chartwell Marine.The Brevity-class 27-meter catamaran design forms part of Chartwell’s new offshore wind support vessel range, which has seen multiple orders in the UK and USA since its launch in June 2022.The Brevity-class crew transfer vessel has a capacity of 32 personnel.
Grant Funding for GT Green's AirWing
Based in the UK, GT Green Technologies said it secured grant funding from its Department of Transport following this year’s Clean Maritime Demonstration Competition Round 2 (CDMC2) for the company’s proprietary AirWing propulsion solution, currently in development. Patent-pending, AirWing is designed to help ships reduce emission while retaining a compact size and low-profile stowage functionality…
Gallery: Mozambique's Coral Sul FLNG Ships First LNG Cargo
The Italian oil and gas company Eni, the operator of the the Coral South project offshore Mozambique, said Monday that the first shipment of LNG produced from the Coral gas field, in the ultra-deep waters of the Rovuma Basin, had departed from the Coral Sul FLNG facility.The Coral Sul is Mozambique's first LNG project and first floating LNG facility ever deployed in the deep waters of the African continent.Built by Samsung Heavy Industries in South Korea…
Training Tips for Ship: Maritime Skills: Who Trains? Who Assesses?
Assessment is a special interest of mine, and it should be at or near the top of the list for anyone involved in maritime training. Why? Two reasons. First, because it is arguably more important than the training itself. And second, because in my experience most training administrators pay 95% of their attention to training, and only 5% to assessment. This means that assessment is often done poorly.
Responder Immunity
The Federal Water Pollution Control Act (FWPCA – also known as the Clean Water Act), as amended by the Oil Pollution Act of 1990 (OPA 90), contains a responder immunity provision. That provision states, in pertinent part:(A)A person is not liable for removal costs or damages which result from actions taken or omitted to be taken in the course of rendering care, assistance, or advice consistent with…
Detained Oil Tanker in Equatorial Guinea to Return to Nigeria
An oil supertanker accused by Nigerian authorities of attempting to illegally load crude before leaving its territorial waters is on its way back to the country, a Nigerian Navy spokesman told Reuters on Friday.At the request of Nigerian authorities, Equatorial Guinea detained the Heroic Idun, a vessel capable of carrying 2 million barrels of oil, on Aug. 17 for sailing without an identifying flag…
Rear Adm Nunan First Woman Appointed USMMA Superintendent
The U.S. Department of Transportation and the Maritime Administration announced the appointment of Rear Admiral Joanna M. Nunan (U.S. Coast Guard, Ret.) as the next superintendent of the U.S. Merchant Marine Academy (USMMA). Nunan, who spent more than three decades in the U.S. Coast Guard, has commanded units at every level both afloat and ashore. She will begin work at the Academy in a few weeks.Rear Admiral Nunan retired earlier this year as the Coast Guard’s Deputy for Personnel Readiness.
Trade Group Maritime UK Launches Green Skills Project
This Green Careers Week trade group Maritime UK is launching a new green skills project with the aim to help ensure that the maritime industries have the skills required to enable its decarbonization.The project kick starts with the appointment of Kit Williams to coordinate delivery of recommendations from the Maritime Skills Commission's (MSC) Skills for Green Jobs Position Paper. It is being delivered…
Car Carrier Rescues 303 People in the South China Sea
Japanese shipping company NYK said a car carrier it operates rescued 303 people from a vessel in distress in the South China Sea.On November 7, the Japanese-flagged pure car and truck carrier (PCTC) Helios Leader was sailing from Japan's port of Nagoya to the port of Singapore when it received a rescue request from the port authority of Sri Lanka via the port authority of Singapore.A Myanmar-flagged…
Crude Exports Lift Port of Corpus Christi to Q3 Tonnage Record
The Port of Corpus Christi reports it set another tonnage record in the third quarter of 2022, driven in large part by record exports of crude oil.The new quarterly tonnage record of 48.3 million tons surpassed the previous tonnage record set in the second quarter of 2022 of 46.4 million tons, a 4% increase on overall tonnage. The growth primarily was a result of strong exports of United States produced crude oil to Western European buyers who have moved away from Russian crude imports. The U.S.
Offshore Wind in Focus at Recent Mass. Maritime Career Fair
An estimated 400 recruiters from 176 organizations, including many from the offshore wind industry, attended the recent Fall Career Fair at Massachusetts Maritime Academy, a public university with undergraduate degree programs focusing on science, engineering, technology, math and business that blend academics and experiential learning.Students had the opportunity to discover career paths and opportunities…
Fincantieri Delivers Viking's First Hydrogen Fuel Cell Cruise Ship
Italian shipbuilding group Fincantieri announced it has delivered the first vessel for luxury cruise operator Viking equipped with an emissions reducing hydrogen fuel cell system.Identical to Viking’s other ocean ships, the 47,800 ton Viking Neptune is fitted with a small hydrogen fuel system, making it the cruise industry’s first ship to test the use of hydrogen power for on board operations. “We are especially proud to welcome this newest sister ship to our ocean fleet…
Divers Find Challenger Space Shuttle Wreckage Off Florida Coast
Divers from a documentary crew looking for the wreckage of a World War Two aircraft off the coast of Florida found a 20-foot section of the space shuttle Challenger, which exploded and broke apart shortly after its launch in 1986, NASA said on Thursday.The divers contacted NASA after spotting a large, clearly modern object mostly covered in sand at the bottom of the ocean and bearing the shuttle's distinctive tiles…
ABS Examines Alternative Fuels in Reports for EMSA
An ABS-led consortium, including CE Delft and Arcsilea, published two of up to six reports studying alternative fuels and decarbonization technologies for the European Maritime Safety Agency (EMSA).ABS offered a 360-degree view of biofuels and ammonia, the first two fuels to be published by the consortium. Each fuel was analyzed using various criteria such as greenhouse gas (GHG) impact, sustainability…
DNV Updates Technical Standards for Wind Assisted Propulsion
Classification society DNV has released an update to its Wind Assisted Propulsion Systems (WAPS) technical standard (ST-0511). The major update introduces new methods for evaluating WAPS fatigue strength, as well as the performance of the systems in extreme conditions.While experience in using the systems is still developing, WAPS have already been implemented on commercial vessels to reduce emissions…
Speed Reduction Led to Vessel Collision on the Neches River
A pilot's decision to reduce the speed of a liquefied petroleum gas (LPG) carrier resulted in reduced rudder effectiveness, ultimately leading to a collision with a moored tug on the Neches River, the National Transportation Safety Board (NTSB) found.In November 2021, a state licensed pilot from the Sabine Pilots took navigational control of the 754-foot-long Gas Ares as it was heading to load a cargo of propane and butane at the no.