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Sunday, May 5, 2024
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03 May 2024

Maryland Estimates Bridge Replacement Cost at Up to $1.9 Billion

(Photo: Key Bridge Response 2024 Unified Command)

Maryland said on Thursday it estimates it will cost $1.7 billion to $1.9 billion to rebuild a collapsed Baltimore bridge and anticipates it will be completed by fall 2028.The Maryland Department of Transportation said the state's "planning level cost estimate is between $1.7 billion and $1.9 billion" which "is in line with similar projects of this scale and complexity."The Dali cargo ship crashed into the Francis Scott Key Bridge on March 26, killing six people. Lawmakers in Congress…

02 May 2024

Maryland Estimates Bridge Replacement Cost at $1.7 - $1.9 Billion

Debris removed from the Patapsco River is loaded onto a barge for removal by response personnel. The Unified Command is working to restore flow of critical commerce in and out of Baltimore. (Key Bridge Response 2024 Unified Command photo by Dylan Burnell, USACE.)

Maryland said on Thursday it estimates it will cost $1.7 billion to $1.9 billion to rebuild a collapsed Baltimore bridge and anticipates it will be completed by fall 2028.The Maryland Department of Transportation said the state's "planning level cost estimate is between $1.7 billion and $1.9 billion" which "is in line with similar projects of this scale and complexity."The Dali cargo ship crashed into the Francis Scott Key Bridge on March 26, killing six people. Lawmakers in Congress…

02 May 2024

Engines, Inc. Names Hughes Managing Director

David Hughes (Photo: engines, inc.)

engines, inc., a Jonesboro, Ark. based distributor of diesel engines and generator sets, has hired David Hughes as its new managing director. Hughes is an industry veteran with expertise in marine diesel product management, having most recently served as sales manager for marine products at Scania USA. He has also held leadership positions at distributors such as Superior Diesel and Hamilton Power Solutions."I'm excited for the opportunity to join the team at engines, inc. They've been a successful and well-respected engine distributor and supplier to the marine market since 1979…

02 May 2024

BAE Systems Wins $87 Million Contract to Upgrade USS Carter Hall

File photo: USS Carter Hall (LSD 50) (Photo: Tommy Lamkin / U.S. Navy)

The U.S. Navy has awarded BAE Systems a contract worth more than $87 million for repair work aboard the dock landing ship USS Carter Hall (LSD 50).The nearly 30-year-old vessel will undergo a year of restorative work at BAE Systems’ shipyard in Norfolk, Va., which is also the ship’s homeport. The company said it will begin working aboard the 610-foot-long ship in July 2024, performing a combination of maintenance and preservation work on the ship’s hull, its internal fuel and ballast tanks and the engineering plant.

02 May 2024

Maritime Trafficking: How Balkan Gangsters Became Europe's Top Cocaine Suppliers

© Roger / Adobe Stock

In 2018, convicted cocaine trafficker Slobodan Kostovski fled a Brazilian prison and made his way back to Europe with a fake passport.The Serbian senior quickly fell into old habits, police allege. Last August, Kostovski was arrested in Belgrade, accused of shipping 2.7 metric tonnes of cocaine from Brazil aboard a 22-meter vessel apprehended near Spain’s Canary Islands.Nicknamed “the General” by his associates, he had been trafficking “large amounts” of powder to “Europe for a long period of time,” Serbian police wrote in a 2022 intelligence report obtained exclusively by Reuters.

02 May 2024

Maersk Raises Profit Guidance on Strong Demand and Red Sea Disruption

© OliverFoerstner / Adobe Stock

Shipping group Maersk raised its full-year profit guidance after reporting first-quarter earnings on Thursday, citing strong demand and higher freight rates as ships sail for longer to avoid conflict in the Red Sea.The company, viewed as a barometer of world trade, said that shipping disruptions caused by Houthi militants' attacks on vessels in the Red Sea were expected to last at least until the end of the year, adding that growth in demand for container shipping had been stronger than forecast."The container volumes we see today are quite high compared to GDP growth in the world economy…

01 May 2024

US Issues Hundreds of Sanctions Targeting Russia, Takes Aim at Chinese Companies

© ezumer / Adobe Stock

The United States on Wednesday issued hundreds of fresh sanctions targeting Russia over the war in Ukraine in action that took aim at Moscow's circumvention of Western measures, including through China.The U.S. Treasury Department imposed sanctions on nearly 200 targets and the State Department designated more than 80 in one of the most wide-ranging actions against Chinese companies so far in Washington's sanctions aimed at Russia.The U.S. imposed sanctions on 20 companies based in China and Hong Kong…

01 May 2024

US LNG Exports Fall for Fourth Straight Month

© moofushi / Adobe Stock

U.S. exports of liquefied natural gas (LNG) fell for a fourth consecutive month to 6.19 million metric tons in April from 7.61 million in March on production outages, preliminary data from financial firm LSEG showed on Wednesday.Recurring mechanical problems have hit Freeport LNG, the second largest U.S. plant by capacity. Last month, the Quintana, Texas, terminal exported five cargoes for a total of 330,000 tons, compared to 21 cargoes and 1.42 million tons in December.Since mid-January, the plant has been operating without at least one of its three gas-processing trains.

28 Apr 2024

Gaza Aid Flotilla Halted After Vessels’ Flag Removed

Source: Freedom Flotilla Coalition

A humanitarian aid flotilla destined for Gaza was halted after Guinea Bissau decided to remove its flag from two vessels, activist group Freedom Flotilla Coalition said on Saturday."The Guinea-Bissau International Ships Registry (GBISR), in a blatantly political move, informed the Freedom Flotilla Coalition that it had withdrawn the Guinea Bissau flag from two of the Freedom Flotilla's ships, one of which is our cargo ship," the activists said.The three-strong flotilla had been due to sail on Friday from ports in Turkey with more than 5…

25 Apr 2024

First Ship Departs Baltimore Through Limited Access Channel

(Photo: Charles Delano / U.S. Army Corps of Engineers)

The first commercial vessel transited through a newly opened channel in the Port of Baltimore following the deadly collapse of the Francis Scott Key Bridge.The Fort McHenry Limited Access Channel (LAC) was opened as a temporary solution to provide passage for a limited number of commercial vessels into the Port of Baltimore and a departure opportunity for some deep draft vessels currently unable to leave the harbor since the bridge collapse.The channel—the fourth to be opened…

25 Apr 2024

New Cranes & Offshore Wind Efficiency

NOV is upgrading the cranes on Cadeler’s existing O-class WTIVs. Image courtesy of Cadeler.

The end may be in sight, but the race for bigger cranes is still having an impact on offshore wind project efficiency.The industry has already felt the need for upgrading crane lifting capacity on existing offshore wind installation vessels: NOV is upgrading the cranes on Cadeler’s existing O-class wind turbine installation vessels (WTIVs), and a gantry crane extension will soon make Van Oord’s Svanen one of the largest floating heavy-lift installation vessels.It’s a newbuild phenomenon too. NOV has developed a telescoping leg encircling crane for Shimizu’s GustoMSC-designed WTIV Blue Wind.

25 Apr 2024

China Harbors Ship Tied to North Korea-Russia Arms Transfers

© djvstock / Adobe Stock

China is providing moorage for a U.S.-sanctioned Russian cargo ship implicated in North Korean arms transfers to Russia, according to satellite images obtained by Reuters, as U.S. concerns grow over Beijing's support for Moscow's war in Ukraine.Britain's Royal United Services Institute (RUSI) think tank said the Russian vessel Angara, which since August 2023 has moved to Russian ports thousands of containers believed to contain North Korean munitions, has been anchored at a Chinese…

25 Apr 2024

US Releases Offshore Wind Liftoff Report and Promises Funding

© Cavan / Adobe Stock

The U.S. Department of Energy (DOE) has released its latest report in the Pathways to Commercial Liftoff series, describing how the U.S. offshore wind sector is adapting to challenges and poised for continued progress, with a path to deploying over 100 gigawatts (GW) by 2050.The Pathways to Commercial Liftoff: Offshore Wind report finds that the sector today is poised for liftoff, enabled by continued efforts to adapt to recent market challenges. The projects that move forward in the next several years will lay the foundation for consistent long-term deployment…

24 Apr 2024

US Plans 12 Offshore Wind Auctions Over Five Years

© Alexisaj / Adobe Stock

President Joe Biden's administration unveiled plans on Wednesday to hold up to a dozen auctions of offshore wind development rights through 2028, including four before the end of this year.The schedule will help companies, states and others plan for projects that require massive amounts of investment and infrastructure, the Interior Department said in a statement."Our offshore wind leasing schedule will provide predictability to help developers and communities plan ahead and will…

24 Apr 2024

Wärtsilä to Supply Cargo Handling System for Scale Gas’ LNG Bunkering Vessel

(Credit: Wärtsilä)

Wärtsilä Gas Solutions, part of technology group Wärtsilä, has signed a contract for the supply of cargo handling system for a new 12,500 m3 LNG bunkering vessel being built for Spanish shipowner Scale Gas, a subsidiary of Enagás.The order has been placed by the yard building the vessel, Nantong CIMC Sinopacific Offshore & Engineering, and was booked by Wärtsilä in the first quarter of 2024.The vessel is co-financed from the Support for Sustainable and Digital Transport Programme…

23 Apr 2024

First in "Prima Plus Class", Norwegian Aqua Launched

Image courtesy Norwegian Cruise Lines/Fincantieri

The uniquely painted Norwegian Aqua was launched at the Fincantieri  Marghera (Venice) shipyard, the first vessel in the Prima Plus class for Norwegian Cruise Line's (NCL).With external work now complete, the yard and its partners will forcus on completing the ship for its scheduled April 2025 delivery.“We are thrilled to celebrate another milestone together with our partners at Fincantieri, who are an integral part of the Prima class ships' journey and support us in evolving the extraordinary experience we design and deliver to our guests…

22 Apr 2024

China's Imports of Russian Oil Near Record High

© Darunrat / Adobe Stock

Russia remained China's top oil supplier in March, data showed on Saturday, as refiners snapped up stranded Sokol shipments.China's imports from Russia, including supplies via pipelines and sea-borne shipments, jumped 12.5% on the year to 10.81 million metric tons, or 2.55 million barrels per day (bpd) last month, according to data from the General Administration of Customs.That was quite close to the previous monthly record of 2.56 million bpd in June 2023.Seven Russian tankers under sanctions offloaded Sokol cargoes in Chinese ports in March…

22 Apr 2024

NOIA Appoints New Executives

© Cavan / Adobe Stock

The National Ocean Industries Association (NOIA) has appointed and approved the 2024-2025 term of the NOIA Board of Directors and Executive Committee. Jon Landes, President, Subsea of TechnipFMC has been elected as the NOIA Chair and Joe Leimkuhler, Chief Operating Officer of Beacon Offshore Energy, as the incoming NOIA Vice Chair.NOIA President Erik Milito said, “We are at a critical juncture where it's imperative to ensure that energy policy from Washington, D.C. does not hinder American energy production.

22 Apr 2024

Third Temporary Channel Opened in Baltimore

Source: Keybridgeresponse2024

The Captain of the Port (COTP) has established the Fort Carroll Temporary Alternate Channel, which is on the northeast side of the main channel in the vicinity of the Francis Scott Key Bridge and will provide limited access for commercially essential vessels.The channel has a controlling depth of 20 feet, a 300-foot horizontal clearance, and a vertical clearance of 135 feet, and will facilitate additional commercially essential vessel traffic through the port of Baltimore.“This additional channel increases the types of vessels able to transit inbound and outbound the port of Baltimore…

17 Apr 2024

Mounting Tensions Could Spark EU-China Trade War, European Chamber President Warns

© foto-select / Adobe Stock

China and Europe face a "slow motion train accident" as a rising tide of protectionism threatens to become a full trade war, the head of a European business lobby group warned on Wednesday, a day after Germany's chancellor conveyed European concerns to Beijing.Jens Eskelund, president of the European Chamber in China, said that while some worries about trade in both countries were legitimate, there was a risk of unproductive decoupling if European and Chinese leaders did not increase…

17 Apr 2024

Maritime Risk Symposium 2024 – Great Power Competition and Gray Zone Engagement

Copyright Grispb/AdobeStock

For 15 years the Maritime Risk Symposium (MRS), an annual three-day event, has brought together government and maritime industry leaders, port representatives, international and domestic researchers and solution providers to examine current and emerging threats to maritime security. World events highlight that maritime security is increasingly at risk during the current period of great-power competition and ongoing conflicts. The active competition between nations who are not…

16 Apr 2024

US Sanctions Impacting Sovcomflot's Ability to Trade, CEO of Russian Tanker Group Says

© Andriy Sharpilo / Adobe Stock

U.S. sanctions are limiting tanker activity for Russia's top shipping group, Sovcomflot, the company's head said on Tuesday, as Washington tightens the screws on Moscow.The U.S. imposed sanctions on Sovcomflot on Feb. 23 as Washington seeks to reduce Russia's revenues from oil sales that it can use to support its military actions in Ukraine.Sanctions have impacted the company's operations, "limiting our geography and commercial prospects", Sovcomflot CEO Igor Tonkovidov told reporters.He added that as sanctions are a relatively new instrument to the shipping market…

14 Apr 2024

Stranded Tanker Moved to Egyptian Port

© Trygve / Adobe Stock

A Liberian-flagged natural gas tanker that was stranded in the Gulf of Aqaba on Friday has been moved away, said two Egyptian sources at the southern Sinai nature reserves.One of the sources said the ship was moved to Sharm el-Sheikh port, with both sources saying the tanker had been empty and had suffered an engine malfunction.The Egyptian environment ministry said on Sunday that a state of environmental emergency had been imposed in the southern Sinai area in case of any pollution or leaks from the stranded ship.