New JV Stevedoring Company Handles First Box in Savannah
On Monday at the Port of Savannah, representatives from Gateway Terminals, the International Longshoremen’s Association and the Georgia Ports Authority joined to mark the first container moved under the direction of Gateway, a new joint venture company combining locally the three legacies of Ports America, Ceres Marine Terminals and SSA Atlantic.Ports America, Ceres Marine Terminals and SSA Atlantic have consolidated container terminal…
Alabama Shipyard Wins Contract for Hospital Ship Overhaul
Alabama Shipyard has secured a nearly $26 million contract for the regular overhaul and dry-docking of Military Sealift Command’s (MSC) hospital ship USNS Comfort (T-AH 20), the U.S. Department of Defense announced.The $25,964,083 firm-fixed-price contract includes a base period and 11 options which, if exercised, would bring the cumulative value of this contract to $28,535,957. The contract was a…
Brazil Health Agency Warns Against Cruise Ships Amid COVID-19 Outbreaks
Brazilian health agency Anvisa on Sunday warned passengers against boarding cruise ships operating along the Brazilian coast after outbreaks of COVID-19 affecting crew and customers, according to a statement on its website.The move follows a call for the "immediate temporary interruption of the cruise ship season in Brazil" as they pose a risk to public health."In view of recent events, Anvisa does…
Port of Oakland Aiming to Expedite Agricultural Exports
One of America's top seaports is set to launch an interagency effort to provide relief to agricultural exporters who are facing shortages of export capacity and skyrocketing logistics costsThe Port of Oakland announced Monday it is launching a program that involves the use of additional yard space and equipment, restored export ship calls and assistance to agricultural export users.The port will open and operate a 25-acre off-terminal…
Offshore Windservice's New CTV Delivered
Norwegian shipbuilder Oma Baatbyggeri handed over its third vessel to the Danish shipping company Offshore Windservice AS at the beginning of November.Designed and developed in collaboration with Odfjell Wind AS in Bergen, the aluminum newbuild FOB Swath 10 is a 32-meter-long and 11.5-meter-wide crew transfer vessel (CTV) built for transporting service personnel for offshore wind turbines.Equipped with interceptors and fin stabilizers are supplied by Humphree AB…
Suez Canal Says Fee Hikes Will Boost Revenue by $400 Million
The chairman of the Suez Canal Authority told Arabiya TV on Monday that the 6% increase in canal fees from February will boost annual revenue by $400 million.Revenue from the canal in 2021 was hit by a six-day disruption when the container ship Ever Given got stuck in the canal in March, halting traffic in both directions.(Reporting by Moataz Mohamed; Editing by David Goodman )
Indonesian Coal Export Ban Rattles a Sector
The world's leading exporter of thermal coal on Saturday banned the shipments because of concerns it could not meet its own power demand, prompting President Joko Widodo on Monday to threaten to revoke business permits for any miners who failed to meet domestic market requirements.In turn, Indonesian coal miners want a quick resolution as fuel prices rise and and potential disruptions to the energy…
Suez Canal to Offer Incentives for Eco-friendly Ships
Egypt's Suez Canal Authority (SCA) plans to offer financial incentives for ships that follow environmentally friendly standards, Egyptian daily paper El Watan reported on Monday, citing a TV interview with SCA Chairman Osama Rabieh.(Reporting by Moataz Mohamed; Writing by Lina Najem; Editing by David Goodman)
After a Raucous 2021, Ship Recycling Market Starts 2022 Calmly
With markets down, a quieter festive period has ensued with no fresh (market or otherwise) sales having reportedly taken place and a calmer period of consolidation transpired in the last week of 2021, as the industry reflects on an extraordinary year gone by.The sub-continent markets more than doubled since the lows seen at the height of the Coronavirus pandemic last year, as levels managed to hit decade long highs of about $650/LDT…
Houthis Seize 'Hostile' Vessel off Yemen; Saudis Claim Ship Carried Med Equipment
The Iran-aligned Houthi movement that controls most of northern Yemen hijacked a United Arab Emirates-flagged cargo vessel engaged in "hostile acts" but which the Saudis said was carrying hospital equipment.The ship was heading to the Saudi port of Jizan, just north of Yemen, from the Yemeni Red Sea island of Socotra when it was attacked just before midnight on Sunday, Saudi state news agency SPA reported…
Passengers Depart COVID-hit Cruise Ship After 5 Days Stuck in Lisbon
Disconsolate passengers stuck on a cruise ship moored in Lisbon's port for five days due to a COVID-19 outbreak began disembarking early on Monday, focused on clearing the final hurdle of a negative test before boarding homebound flights.The AIDAnova, carrying 2,844 passengers and 1,353 crew, had docked in Portugal's capital on Wednesday.The ship was en route to the island of Madeira for New Year's Eve celebrations…
Suez Canal Revenues Rise $6.3 Billion in 2021
Egypt's Suez Canal revenues hit an all-time high in 2021 of $6.3 billion, versus $5.6 billion in 2020, canal spokesperson George Safwat said on Sunday.Some 20,694 ships transited the canal in 2021, against 18,830 in 2020, a 10% increase, he added.(Reporting by Yosri Mohamed; Writing by Moaz Abd-Alaziz; Editing by Mark Potter)
Queen Mary 2 Skips Voyage to New York Amid Omicron Worries
Carnival Corp's Cunard cruise line said on Wednesday its Queen Mary 2 ship would skip a scheduled stop at New York and instead extend its stay in Barbados until Jan. 2 to bring in more staffers.Cunard said its decision to add more crew members was a precautionary measure, but it did not detail why it needed more workers.The ship, Cunard's flagship liner named by Queen Elizabeth, is among the more than 85 vessels the U.S.
Royal Caribbean Bookings Take a Hit as Omicron Fears Worsen
Royal Caribbean Group said on Thursday it was grappling with a drop in bookings and a rise in cancellations as COVID-19 cases surge in the United States, driven by the fast-spreading Omicron variant.U.S. cruise ships have been gradually returning to the seas since late June, but an increase in Omicron cases has sparked calls for a temporary ban on cruising, including from Senator Richard Blumenthal, a Connecticut Democrat.Since the Celebrity Cruises parent resumed operations from U.S.
US CDC Says to Avoid Cruise Travel as Omicron Cases Surge
The U.S. Centers for Disease Control and Prevention (CDC) said people should avoid traveling on cruise ships regardless of their vaccination status, as daily COVID-19 cases in the country climb to record highs due to the fast-spreading Omicron variant.The move delivers another blow to the cruise industry that had just started returning to the seas in June after a months-long suspension of voyages caused…
KR Awards AIP for Two Green Ammonia-fueled Vessels
The Korean Register (KR) awarded approval in principal (AIP) to two green ammonia-fueled ships at KR’s Seoul branch office on December 15, 2021. One of the ships is a 60,000m3 ammonia-fueled ammonia carrier and the other is a 38,000m3 ammonia carrier/bunkering ship, developed by Korea Shipbuilding & Offshore Engineering (KSOE), Hyundai Heavy Industries (HHI) and Hyundai Mipo Dockyard (HMD).The AIP…
2021 in Review: The Dry Bulk and Tanker Markets
The Signal Group offers an exhaustive overview of the trends in the dry bulk and tanker markets that both defined 2021, and offer a glimpse as to what might be in store for 2022 and beyond. The report is excerpted in short below; to see the full report CLICK HERE.Using Signal Ocean data, give the insight to analyze the trends and changes across the major vessel sizes in the dry and tanker freight market for 2021.
Standard Drilling Sells PSV Standard Princess
Oslo-listed offshore energy investment firm Standard Drilling announced it has sold the platform supply vessel Standard Princess for $10.3 million.The Cyprus-headquartered…
Halter Marine Awarded Contract for Second USCG Polar Security Cutter
Pascagoula, Miss. shipbuilder Halter Marine has been awarded a contract to build a second U.S. Coast Guard Polar Security Cutter, the Pentagon announced Wednesday.The $552.7 million detail design and construction contract follows a $745.9 million contract awarded in 2019 to build the first PSC. There is also an option for a third PSC.The Polar Security Cutter program is planned to replace the Coast Guard's existing fleet of icebreakers.
2022 & Beyond: Will the Container Carrier Debacle Ever End?
When the global supply chain runs smoothly, it’s like a well-choreographed dance. Everything comes together elegantly and effortlessly. But when someone misses a step, the show can quickly turn into a disaster. And that’s what’s currently unfolding before our eyes, headline after headline.Those of us in the supply chain industry know it takes a Herculean effort to keep the wheels of commerce turning without so much as a squeak or rattle.
