Capesize Strength Propels Baltic Dry Index to Fifth Straight Weekly Gain
The Baltic Exchange's main sea freight index slipped on Friday, but registered its fifth consecutive weekly rise bolstered by gains in the capesize vessel segment.The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, fell 13 points, or 0.4%, at 3,104 points on Friday. It was up 14.2% this week.The capesize index fell 18 points, or about 0.5%, at 3…
Samsung Delivers Suezmax Newbuild to NAT
Tanker shipping company Nordic American Tankers on Friday took delivery of a suezmax newbuild from shipbuilder Samsung Heavy Industries in South Korea.The 157,000…
NOIA: U.S. Gov't Move Against Offshore Oil & Gas Lease Sales 'Devastating to Americans'
Erik Milito, president of the U.S. National Ocean Industries Association, said this week that the U.S. government's decision not to hold offshore oil and gas lease sales in the Gulf of Mexico and Alaska’s Cook Inlet was expected, but also "devastating to Americans.""This decision is not surprising at all. As early as March 2020, then-candidate Biden made it clear that he would stop federal oil and gas development if elected.
Stockholm Electric Fast Ferry Routes Announced
Green City Ferries, of Stockholm, Sweden, announced today the first two routes for its electric fast ferry, the Beluga24. Passengers traveling to and from the communities of TÓ“by and Ó¦steråker will be the first to experience the Beluga24s high-speed, emission-free technology."The introduction of our Beluga24 in Stockholm is a major step in reducing carbon dioxide emissions in the region's waterborne public transport system.
Two Grain Ships Ships Stuck in Tunisian Ports
Two grain ships have been stuck in the port of Sfax in Tunisia since last month due to non-payment of dues, a union official told Reuters on Thursday.Adel Marzouk, the official in the union of Grain Office, added that two other ships have been waiting since the beginning of this month as well.Officials in the government were not immediately available for comment.(Reporting By Tarek Amara/Editing by Chris Reese)
Viking Supply Ships' Four AHTS Deal In Russia Canceled
Swedish offshore vessel operator Viking Supply Ships has informed that a previously announced contract in Russia for four of its anchor handling tug supply (AHTS) vessels has now been canceled.Viking Supply Ships had early on February 8 said it had secured a multi-season contract worth 18.5 million euros for its four ice-classed anchor handling tug supply (AHTS) vessels, but it at the time didn't share details on the client or the project location.Following Russia's invasion of Ukraine…
U.S. Scraps Three Offshore Oil and Gas Lease Sales
The Biden administration on Wednesday said it would scrap three planned sales of offshore oil and gas leases in Alaska and the Gulf of Mexico.In a statement, the Department of Interior said it was not moving forward with an auction for drilling rights in the Cook Inlet off the coast of Alaska "due to lack of industry interest in leasing in the area."It also said two sales in the Gulf of Mexico would…
Scana Records Strong Growth
Scana reports that it has more than doubled revenues and EBITDA in the first quarter. Revenues increased by 126 percent to $21.2m (NOK 208 million) compared to the same period last year, while EBITDA was up 140 percent to $1.63m (NOK 16 million), with the acquisition of PSW Group being the main driver.“Scana have transitioned to a new company. The acquisition of PSW Group closed on 11 January 2022…
Training Tips for Ships: Choosing e-Learning Media ... It’s All About Outcomes!
In the previous edition of Training Tips for Ships we discussed the choice of media for learning materials and which media would lead to the best results. Is it text? Images? Videos? Interactive exercises and simulations? All too commonly it is claimed that interactive media with fancy (and expensive) graphics will produce better learning outcomes. The reality is not nearly so simple. So, how do we choose?
Ukraine Sets Russian Supply Ship on Fire. Thwarts Russian Armored Column River Crossing
Ukrainian forces destroyed a pontoon bridge and parts of Russian armored column as it tried to cross a river in the Donbas region, video footage released by Ukraine's military showed on Friday…
TotalEnergies Confirms U.S. Offshore Wind Award. Says Wind Farm Could Come Online by 2030
After the U.S. Bureau of Ocean Energy Management (BOEM) announced TotalEnergies and Duke Energy Corp as the winners of two offshore wind leases in federal waters off the coast of North and South Carolina on Wednesday, the confirmation came Friday from TotalEnergies, too.TotalEnergies has won the maritime lease area OCS-A 0545 as part of the Carolina Long Bay auction. This bid for the development of…
BV Approves EODev's Electro-hydrogen Power Solutions for Maritime
Classification society Bureau Veritas (BV) approved the second generation of the REXH2 developed by Energy Observer Developments (EODev), a turnkey power generator for the supply of low carbon electricity on board ships. The hydrogen PEM fuel cell at its heart makes it possible to meet energy needs ranging from 70 kW to about one megawatt when several REXH2 are installed in parallel.The Approval in…
All American Marine Delivers Second Vessel for Major Marine Tours
All American Marine (AAM) has completed construction, launched, and delivered the Skana, a 150-passenger hydrofoil-assisted catamaran for Major Marine Tours. This is the second delivered to Major Marine Tours by All American Marine in two years, and a sister ship to the Spirit of Matushka, delivered in the Spring of 2021. This vessel will also operate out of Seward, Alaska and will carry passengers on tours visiting Kenai Fjords National Park.
CrewSmart Names Saunders Commercial Director
CrewSmart, the end-to-end management system for maritime operations, has hired Commercial Director Anna Saunders to support the global rollout of its software platform to maritime businesses. Saunders joins from offshore energy support vessel (OESV) operator Seacat Services, where she led the company’s crew management team.Christian Adams, Founder & Technical Director, CrewSmart, said, “Crew and fleet…
Linda Fagan Confirmed as First Woman USCG Commandant
Adm. Linda L. Fagan has been confirmed as the 27th Commandant of the U.S. Coast Guard, clearing way for her to be the first woman top officer in one of the military services. The Senate on Wednesday approved Fagan’s promotion, along with those of five other senior Coast Guard officers, by unanimous consent.Nominated for the role by President Joe Biden in April, Fagan will succeed Adm. Karl Schultz as head of the Coast Guard.
EU Moves to Help Ukraine Export Grain as Russia Blocks Sea Routes
The European Commission said on Thursday it would work with EU governments to help Ukraine export millions of tonnes of grain stuck in the country because the Russian navy is blocking Ukrainian ports.Ukraine was the world’s fourth-largest grain exporter in the 2020/21 season, International Grains Council data shows, selling 44.7 million tonnes abroad, mainly to China, Africa and Europe. It is also one of the biggest producers of sunflower oil.Before Russia invaded Ukraine on Feb.
AMSC to Buy Normand Maximus OSCV for $157M. Agrees Charter with Solstad Offshore
American Shipping Company ASA (AMSC) has agreed to acquire the Normand Maximus construction support vessel from Maximus Limited, a company controlled by its secured lenders.In parallel with the transaction, AMSC will enter into a long-term bareboat agreement with a subsidiary of the Norwegian offshore services provider Solstad Offshore. Solstad Offshore has managed the vessel for years, and the deal…
MacGregor to Equip SeaRoad's New RoRo Ship
MacGregor, part of Cargotec, said it has been selected to supply equipment for a liquefied natural gas (LNG)-powered RoRo vessel being built by German shipyard Flensburger Schiffbau-Gesellschaft (FSG) for the Tasmanian-based Australian shipping company SeaRoad.The vessel is scheduled to be delivered in the last quarter of 2023, and MacGregor said its order was booked into Cargotec’s 2022 first quarter order intake.MacGregor’s scope of supply encompasses design…
Propspeed Teams Up with Marine Protection Systems
Underwater foul-release coatings company Propspeed said it has partnered with Marine Protection Systems to educate and provide solutions to prevent corrosion and minimize damage to vessels and the marine biosphere.The insulative properties of Propspeed combined with correct anode solutions greatly improve efficiencies, reducing fuel burn and operational costs, while also minimizing the environmental impact that corrosion and coating loss has on the oceans.
Hapag-Lloyd Net Profit More Than Triples
German container shipping group Hapag-Lloyd on Thursday reported first-quarter net profit of 4.2 billion euros ($4.4 billion), more than triple the number a year ago and, forecast another strong performance for the second quarter."The year has got off to an exceptionally strong start on the whole, and whilst there have been first signs that the market has passed its peak, we also expect a strong second quarter…
