Paramount Group Names Griessel CEO
Paramount Group, the global aerospace and technology company, announced today that it has appointed Steve Griessel as its Group Chief Executive Officer with immediate effect.South African-born Griessel, a global business executive who served as CEO of several companies in South Africa and the United States, including two public companies, brings more than 30 years of business leadership and senior management experience to the group.Ivor Ichikowitz…
Dry Bulk Shipping: Vessel Demand Waning
The Baltic Exchange's dry bulk sea freight index fell for a 13th straight session on Tuesday, dragged lower by weaker rates across all vessel segments.The overall index, which factors in rates for capesize, panamax and supramax vessels, fell 48 points, or 3.5%, to 1,343, its lowest since mid-February 2021.The capesize index dropped 91 points, or 10.9%, to 745, its lowest since June 2020.Average daily earnings for capesizes, which transport 150,000-tonne cargoes such as iron ore and coal, dropped
Malyszko Named Plant Operations VP at Newport News Shipbuilding
America's largest military shipbuilder Huntington Ingalls Industries (HII) announced on Tuesday that Karey Malyszko has been promoted to vice president of Plant Operations at its Newport News Shipbuilding division in Newport News, Va. Malyszko succeeds Dru Branche who retired in December.Effective immediately, Malyszko assumes overall responsibility for waterfront support services, facilities, environmental health and safety, and security.
PALFINGER to Build RHIBs for the Netherlands' KNRM
PALFINGER announced it has been awarded a contract by the Dutch rescue organization Koninklijke Nederlandse Redding Maatschappij (KNRM) for 12 custom-built rigid-hulled inflatable boats (RHIBs), which will assist the organization during future rescue operations. The official contract signing took place on January 20 at PALFINGER's production facility in Harderwijk, the Netherlands, where the boats will be manufactured.The KNRM helps people in distress at sea…
Nord Stream 2 - Russian Gas Pipeline's Long Wait for Approval
German Chancellor Olaf Scholz said last week that Germany may consider halting the Nord Stream 2 pipeline if Russia attacks Ukraine, reflecting growing political pressure on the Gazprom-led project.Russia has massed troops on the Ukrainian border but denies it is planning an attack, while the United States and Europe have promised to impose sanctions on Moscow should it invade, with Nord Stream 2 one of the possible targets.Europe's most divisive energy project…
Q88 Unveils Styrene Monomer Temperature Log and Inhibitor Depletion Tool
Q88 LLC, a provider of software as a service (SaaS) technology to the maritime industry, has launched a new Styrene Monomer Temperature Log and Inhibitor Depletion Tool, available to Milbros Premium Subscribers with ships having Milbros Onboard subscriptions.Styrene Monomer needs to be stowed away from sources of heat during voyages to prevent it from polymerizing. However, during transport on chemical tankers…
Stena RoRo's Ro-Pax Vessel Trio to Sport Broad Range of Wärtsilä Solutions
Finland-based marine technology and equipment specialist Wärtsilä will provide a broad scope of its solutions for three new LNG-fuelled Ro-Pax vessels being built in China for Swedish ferry operator Stena RoRo.China Merchants Jinling (Weihai) Shipyard is building the vessels. They will operate with Wärtsilä engines and propulsion machinery when delivered in 2024 and 2025. The vessels, each around 200 meters long…
ScanReach Joins KVH Watch Solution Partner Program
KVH Industries said Tuesday that ScanReach, an innovator in onboard wireless connectivity solutions designed specifically for the steel vessel environment, has joined the KVH Watch Solution Partner program and will offer KVH Watch Cloud Connect services.According to the press release, ScanReach’s onboard wireless connectivity technology enables data to travel anywhere on the vessel without cabling…
Removing Idle Emissions: Maersk Launches Offshore Vessel-charging Firm Stillstrom
Maersk Supply Service, an offshore supply vessel branch of A.P. Moller-Maersk, is launching its offshore vessel-charging venture, Stillstrom, to support the decarbonization of the maritime industry by eliminating idle emissions.Together with the offshore wind giant Ørsted, Stillstrom plans to demonstrate the world’s first full-scale offshore charging station for vessels at an offshore wind farm, scheduled for installation later this year.
USACE Disaster Relief Includes $32.7 Million to Repair Coos Bay’s North Jetty
The Oregon International Port of Coos Bay received notification from House Transportation and Infrastructure (T&I) Committee Chairman Peter DeFazio that the United States Army Corps of Engineers (USACE) included $32.7 million in their FY2022 disaster relief supplemental appropriations workplan to support repairs to the North Jetty. The Jetty has been losing approximately 20 feet per year, which has resulted in its receding a total of 900 feet since its original construction design.
Port of LA Launches Cyber Resilience Center
North America's largest seaport said it is bolstering its cybersecurity readiness and enhancing its threat-sharing and recovery capabilities among supply chain stakeholders with the launch of its new state-of-the-art port community cyber defense solution.The Port of Los Angeles' Cyber Resilience Center (CRC) was designed through a collaborative process with participating stakeholders and will be operated…
Crystal Symphony Diverts to the Bahamas to Avoid Arrest
A luxury cruise ship has skipped its call to Miami and diverted to the Bahamas after a U.S. judge ordered its seizure as part of a lawsuit over unpaid fuel bills.The Crystal Symphony, operated by Genting Hong Kong's Crystal Cruises, was scheduled to conclude a Caribbean voyage in Miami on Saturday, but the ship sailed to the Bahamian island of Bimini instead after a federal judge in Miami granted an order to arrest the 781-foot…
MSC Wants to Buy an Italian Airline
Swiss-based shipping group MSC and German carrier Lufthansa want to buy the majority of Alitalia successor ITA Airways and have asked for an exclusivity period of 90 days to study the deal, MSC and ITA said on Monday.The state-owned airline, which began flying in October last year, is looking for an equity partner and has started informal talks with some potential suitors, in Europe and overseas, its…
Sinoocean Inks Spare Parts and Service Deal with Ulstein
Chinese state-owned offshore vessel owner Sinoocean Offshore Assets Management Limited has signed a deal with Ulstein Electrical Technology (UET) for the supply of spare parts and after-market services to Sinoocean’s fleetSinoocean holds a fleet of 58 rigs, 34 platform supply vessels (PSV) and anchor handling tug supply vessels (AHTS) as well as 10 other types of offshore units. Four Ulstein designed…
Damen to Offer ERMA FIRST's Compact oneTANK BWTS
Dutch shipbuilding group Damen has signed its first contact with ballast water treatment systems (BWTS) manufacturer ERMA FIRST. The Greek manufacturer ERMA FIRST will supply its oneTANK, which is the world’s smallest BWTS, using chemical injection methods to clean ships’ ballast water.Damen Green Solutions has a broad selection of BWTS in its range, offering shipowners various capacities and techniques in treating their ballast water.
Police Smash Ring Smuggling Migrants from Turkey to Italy in Yachts
European police have dismantled a criminal network that made hundreds of millions of euros smuggling migrants from Turkey to Italy mainly on yachts, Greek police said.Greece and Italy have been on the frontline of Europe's migration crisis since it began in 2015. While most migrants and refugees typically cross from Turkey to nearby Greek islands, a growing number of people have reached Italy from Turkey by sea since 2020…
Russian Navy Starts Baltic Sea Drills
Twenty Russian navy vessels set out into the Baltic Sea on Monday for drills, the RIA news agency reported, amid heightened tensions between Moscow and the West over Ukraine and reports that the United States might send extra troops to the region.The ships will perform exercises focused on naval and anti-aircraft defense, RIA quoted the Baltic Navy as saying.Russia has said it would “respond appropriately” if Washington boosts troop numbers in Eastern Europe, after the New York Times reported th
Dredgers Spotted Off Cambodian Base Where China is Funding Work
Dredgers have been spotted off Cambodia’s Ream naval base, where China is funding construction work and deeper port facilities would be necessary for the docking of larger military ships, a U.S. think tank said on Friday.The United States, which has sought to push back against Beijing's extensive territorial claims and military expansion in the South China Sea, reiterated its "serious concerns" about China's construction and military presence at Ream."These developments threaten U.S.
Crowley Promotes Van Gundy to VP of Construction and Engineering
Crowley has appointed Coulston Van Gundy as vice president of construction and engineering. He will lead the company’s vessel design and engineering, construction management and project engineering with an expanded emphasis on growth and innovation.With more than 15 years of experience, Van Gundy has played an integral role in advancing Crowley’s growing engineering and design services in maritime…
Planes, Trains and Ships: Criminal Antitrust Enforcement Speeding Up for Transportation Sector
The Biden administration recently issued a sweeping Executive Order [1] aimed at protecting and enhancing competition, and the transportation sector—including air, ocean, and rail—is among the industries specifically identified and likely to see heightened antitrust scrutiny under the new directives. This executive action was soon followed by the long-awaited announcement of Biden’s pick to lead the U.S.
