Ascot, Marsh Insure Grain Ship from Ukraine's Black Sea Ports
Broker Marsh and Lloyd's of London insurer Ascot said on Tuesday they have provided coverage for a vessel carrying grain and food products from Ukraine's Black Sea ports under its new marine cargo and war insurance facility.Launched last month, it provides coverage up to $50 million for Ukrainian vital food supplies being shipped through safe corridors established by the newly signed Black Sea Treaty.The cover adds a big protection to the deal between Moscow and Kyiv at the end of JulyâŠ
Sea Machinesâ SM300 System On Board Foss Tug Earns ABS Approval
A Foss Maritime harbor tug outfitted with the Sea Machines SM300 autonomy system has been verified by the American Bureau of Shipping (ABS). The tug, Rachael Allen, is deployed in California, where it provides tanker escort and ship assists for Fossâ customers. The vessel will first leverage the Sea Machinesâ autonomy system for routine transit and stand-by operations, and then trial remote piloting from a shore-based command center.
Some 720,000 t of Food Have Left Ukraine Under Grain Export Deal
A total of 33 cargoes carrying around 719,549 tonnes of foodstuffs have left Ukraine under a deal brokered by the United Nations and Turkey to unblock Ukrainian sea ports, the Ukrainian agriculture ministry said on TuesdayThe Joint Coordination Centre in Turkey that monitors the implementation of the agreement put the total amount of grain and foodstuffs exported from three Ukrainian Black Sea ports since the deal was reached at 721,449 tonnes.
North Star's Offshore Wind Vessel Named After Victorian Heroine Grace Darling
North Starâs new UK-built hybrid-powered daughter craft, specifically designed for the offshore wind market, has been launched at a naming ceremony held at the Royal Norfolk and Suffolk Yacht club in Lowestoft, adjacent to the firmâs regional operations hub. The vessel was christened âGrace Darlingâ in honor of a famous lighthouse keeperâs daughter from the North East of England who risked her life in 1838 to save the stranded survivors of a wrecked merchant ship traveling from Hull to Dundee.
ClassNK Grants AiP for MOL's Large LCO2 Carrier
Classification society ClassNK has issued an Approval in Principle (AiP) for the design of a large-scale liquefied carbon dioxide (CO2) carrier developed through Research and Development Project from NEDO by Mitsui O.S.K. Lines, Ltd. (MOL).MOL has launched research and development (R&D) on the adoption of a large-scale liquefied CO2 carrier in response to a call for proposals by Japan's New Energy and Industrial Technology Development Organization (NEDO) to complete the conceptual designâŠ
MacGregor to Deliver Traction Winch Systems for Chinese Geological Survey Drilling Vessel
MacGregor, part of Cargotec, has been selected to supply two self-contained traction winch systems for a geological survey drilling vessel in China.The vessel is owned by Guangzhou Marine Geological Survey (GMGS), a subsidiary of Chinaâs Ministry of Natural Resources, together with HongHai Marine. HongHai Marine is MacGregor's partner in China, focusing on MacGregor deck machinery integration and serviceâŠ
Oldendorff Inks Deal for BOSS Voyage Optimization Suite
German bulk carrier company Oldendorff Carriers -- which operates about 700 ships globally -- and Blue Water signed a contract to implement Blue Waterâs BOSS Voyage Optimization Suite for Oldendorffâs cape and baby cape fleet of owned and time chartered vessels.The BOSS Suite is designed to help propel Oldendorffâs efforts towards a greener maritime trade by reducing emissions through intelligent voyage optimizationâŠ
C-Hero Announces First Responder Rescue Kits
Greenbrae, Calif.-based provider of man overboard rescue systems C-Hero has introduced a new recue pole.The newest rescue pole in the manufacturer's product lineup, the C-Hero Rescue Kit is designed to reach the person in need, attach a recovery strap and allow a rapid one or two-person recovery. The Recovery Kit can be ordered with an 8â or 11â reach, weighs under 9 lbs., and fits in a 38â x 26â x 3â space for police or fire vehicles and vessels where space is at a premium.In additionâŠ
Austal USA Names Kruger VP of Global Services and Support
Mobile, Ala. shipbuilder Austal USA welcomes Michelle Kruger as vice president of global services and support. Operating from Austalâs San Diego waterfront services facility, Kruger is responsible for Austal USAâs global post-delivery repair and warranty efforts, including the development of business strategy and strategic alliances. As the primary customer interface for ship repair and maintenance servicesâŠ
US DARPA to Build, Test, Demonstrate Uncrewed Ship
The U.S. Department of Defense's research and development agency is moving into the second phase of a project to to build and demonstrate a new seagoing unmanned surface vessel.The Defense Advanced Research Projects Agency (DARPA) on Monday announced it is moving into Phase 2 of the No Manning Required Ship (NOMARS) program, which seeks to build and demonstrate a revolutionary new medium unmannedâŠ
Canada Exploring Feasibility of Direct LNG Exports to Europe
Canada is exploring ways to see if there is a business case to export liquefied natural gas (LNG) directly to Europe from its east coast, Prime Minister Justin Trudeau said on Monday.Speaking alongside German Chancellor Olaf Scholz in Montreal, Trudeau said "we will do what we can" to contribute to the global supply of energy by increasing capacities in the short term.Canada will also "explore waysâŠ
Experts to Gather in Helsinki to Examine Littoral Operations in Baltic Sea
Naval and maritime experts will be convening in Helsinki, Finland, for the Littoral OpTech Baltic Sea workshop. The event will take place August 30 and 31 at the Finnish Naval Academy.The conference will examine the integration of multi-domain operations â to include air, land, surface, undersea, space and cyberâin the crowded and cluttered coastal waters and adjacent land, and will investigate the technology and operational concepts to successfully deal with conventionalâŠ
Electric Eel: Electric Pusher Vessel Design Unveiled
Lithuanian ship designer Western Baltic Engineering (WBE) is unveiling new designs for what it believes is the first ever electric pusher vessel for use on Europeâs inland waterways called the Electric Eel.Klaipeda headquartered WBE said the first electric pusher is due to be built next year for the Lithuanian Inland Waterways Authority, a public body operating under Lithuanian Government Ministry of Transport and Communications.WBEâs Head of Sales & Marketing EglÄ MikalauskienÄâŠ
Malaise Takes Hold of Ship Recycling Markets
The international ship recycling malaise that has gripped the markets over these recent / summer months continues for another week, with minimal-to-no activity and barely any firm interest from recyclers, while fundamentals remain ever so fragile.Steel plate prices have once again started to display their share of volatility in India, in addition to the currency that showed signs of firming towards Rs. 79.20 against the U.S. dollar, whilst weakening back towards Rs.
ABS Hires Hernandez to Head its Offshore Division
Classification society ABS announced it has appointed veteran offshore industry leader Miguel Hernandez to head its offshore division. The former MODEC general manager of sales and marketing is now ABS Senior Vice President of Offshore Business Development, leading global offshore including the FPSO, FPU and floating offshore wind sectors.âAs the worldâs leading offshore class, we are always looking to innovate and develop our services for clients.
What Impact Will Strike at Britain's Busiest Container Port Have?
More than 1,900 workers at Britain's biggest container port, Felixstowe, have begun eight days of strike action that will cause disruption to trade and supply chains.The staff at Felixstowe, on the east coast of England, are taking industrial action in a dispute over pay, becoming the latest workers to strike in Britain as unions demand higher wages for members facing a cost-of-living crisis. readâŠ
Baltic Dry Index Dips Further as Demand Weakens for Larger Vessels
The Baltic Exchange's main sea freight index extended its slide on Monday, hitting a fresh 18-month low, as demand for capesize and panamax vessel segments remained subdued.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, fell 9 points, or 0.7%, to 1,270 points, its lowest level since December 2020.The capesize index fell for the third straight session, shedding 9 points, or about 1.2%, to 747 points, its lowest in more than six months.Average daily
Waters Near Somalia Removed from List of High-risk Piracy Areas
An area of the Indian Ocean near Somaliaâonce known as a piracy hotbedâhas been removed from the shipping industry's list of high-risk areas following more than a decade of military, political, civil society and the industry measures to secure the waters. No piracy attacks against merchant ships have occurred off Somalia since 2018.On Monday, shipping industry groups International Chamber of Shipping (ICS)âŠ
Chinese Military Ship Leaves Sri Lanka After Controversial Visit
A Chinese military survey ship that docked at Sri Lanka's Chinese-built port of Hambantota despite opposition from neighboring India left on Monday after a week-long stayâŠ
Japanese Firms Working on Ammonia Floating Storage & Regasification Barge
NYK Line, Nihon Shipyard Co., Ltd. (NSY), ClassNK, and IHI Corporation (IHI) have signed a joint research and development agreement for the commercialization of an ammonia floating storage and regasification barge (A-FSRB). Specifically, the parties will work on the R&D of the world's first barge equipped with a floating storage and regasification facility for ammonia.Since ammonia does not emit carbon dioxide (CO2) when combustedâŠ
