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21 Feb 2024

UK's Trident Nuclear-deterrent Missile System Misfires During Test

FILE PHOTO: Nuclear submarine HMS Vanguard at HM Naval Base Clyde, Faslane, Scotland. (Photo: Tam McDonald / U.K. Ministry of Defense)

Britain's Trident nuclear-deterrent system misfired during a test last month, sending a missile crashing into the ocean off the Florida coast near the submarine that launched it, The Sun newspaper reported on Wednesday.The Ministry of Defense confirmed that an "anomaly" had occurred during the test but said Britain's "nuclear deterrent remains safe, secure and effective".With Defense Secretary Grant Shapps on board the HMS Vanguard to witness the test, The Sun said, the first…

15 Jan 2024

Houthis Say They Will Target US Ships

© Andrea Izzotti / Adobe Stock

Yemen's Houthi movement will expand its targets in the Red Sea region to include U.S. ships, an official from the Iran-allied group said on Monday, as it vowed to keep up attacks after U.S. and British strikes on its sites in Yemen.Attacks by the Houthis on ships in area since November have impacted companies and alarmed major powers in an escalation of Israel's more than three-month war with Hamas militants in Gaza. The group says it is acting in solidarity with Palestinians.British…

19 Dec 2023

Uzmar Delivers Svitzer Estelle

Image courtesy Svitzer

Svitzer announced the delivery of Svitzer Estelle, the second tug built as part of the company’s ongoing partnership with Uzmar Shipyards, based in Turkey.Svitzer Estelle is a Robert Allan Ltd. designed RAstar 3200W that will be deployed by Svitzer on the River Thames and the River Medway,bolstering the company’s operations in the busy Port of London. The first tug delivered by Uzmar Shipyards in May 2023, Svitzer Elizabeth, is currently in service in the Port of Liverpool. Svitzer’s partnership with Uzmar Shipyards began with the delivery of two tugs for the company’s fleet in Australia.

12 Dec 2023

IMO Launches History Book

Source: IMO

A book detailing the history of the IMO has been published to mark 75 years since the adoption of the IMO Convention, creating for the first time a global body to promote the safety and security of shipping and the protection of the marine environment.The IMO Convention entered into force in 1958 and the new Organization met for the first time the following year. The IMO's first task was to adopt a new version of the International Convention for the Safety of Life at Sea (SOLAS).“Safer shipping…

21 Nov 2023

US Approves Equinor and BP's Empire Wind Offshore Project

© nblxer / Adobe Stock

The U.S. Department of the Interior on Thursday approved the Empire Wind offshore project, owned by Equinor and BP, the sixth commercial-scale wind farm to be greenlit under President Joe Biden's administration.Empire Wind is among several offshore wind projects facing construction and financing cost blowouts that the troubled industry says would not be covered by existing power sales contracts, but it could be helped by a new auction planned by New York state.Along with Danish counterpart Orsted, Equinor and BP have taken a combined $5 billion of writedowns on U.S.

20 Nov 2023

1 Million+ Gallons: Pipeline Leaking Oil in the Gulf of Mexico

(Photo: Main Pass Oil Gathering Company, LLC)

The U.S. Coast Guard on Monday said it was still looking for the source of a leak from an underwater pipeline off the Louisiana coast in the Gulf of Mexico that it estimated had released more than a million gallons of crude oil.The 67-mile long pipeline was closed by Main Pass Oil Gathering Co (MPOG) on Thursday morning, after crude oil was spotted around 19 miles offshore of the Mississippi River Delta, near Plaquemines Parish, southeast of New Orleans."Overflight teams observed visible oil Friday moving southwest away from the Louisiana shore…

20 Nov 2023

U.S. Coast Guard Responds to Gulf of Mexico Oil Spill

Credit: U.S. Coast Guard

The U.S. Coast Guard was leading an oil spill clean-up in the Gulf of Mexico on Friday, partnering with local and federal agencies and companies after a Main Pass Oil Gathering Co (MPOG) underwater pipeline began leaking.The crude oil pipeline is around 19 miles (30 km) offshore in the Gulf of Mexico, east of Venice, Louisiana, the U.S.

26 Oct 2023

Europe's Offshore Wind Power Goal Hits New Snag: Security

Nysted wind farm - Credit: Plenz - Own work - CC BY 3.0 DEED via Wikimedia Commons

As Europe turns to renewable sources to diversify energy supplies away from Russian oil and gas, a peaceful marine scene conceals a billion-dollar security headache.Rising above the Baltic Sea less than 10 km (6 miles) off the coast of Denmark, 161 wind turbines spin slowly. They supply around 4% of the country's power, sent to shore through two cable connections.The turbines have no barriers or surveillance."Our technicians are only here until five o'clock in the afternoon, then they go home…

20 Oct 2023

40GW Potential: U.S. Regulator Seeks Public Input on Gulf of Maine Draft Wind Energy Area

Credit: BOEM

The U.S. Bureau of Ocean Energy Management (BOEM) on Thursday identified a Draft Wind Energy Area (WEA) in the Gulf of Maine, opening a 30-day public review and comment period. The Draft WEA covers approximately 3,519,067 acres offshore Maine, Massachusetts, and New Hampshire, ranging from approximately 23 - 120 miles off the coast. “BOEM will continue to prioritize a robust and transparent planning process, including engagement with Tribal governments, federal and state agencies, the fishing community and other ocean users,” said BOEM Director Elizabeth Klein.

25 Sep 2023

U.S. BOEM Completes Environmental Review of Coastal Virginia Offshore Wind Project

Credit: Alex/AdobeStock

The U.S. Bureau of Ocean Energy Management (BOEM) said Monday it had completed its environmental review of the proposed Coastal Virginia Offshore Wind (CVOW) commercial project.“The completion of our environmental review marks another step towards a clean energy future—one that benefits communities and co-exists with other ocean users,” said BOEM Director Elizabeth Klein. “The best available science and knowledge shared by Tribes, other government agencies, local communities, ocean users…

15 Sep 2023

Biden’s Offshore Wind Target Slipping Out of Reach as Projects Struggle

Credit:Cavan/AdobeStock

President Joe Biden’s goal to deploy 30,000 megawatts of offshore wind along U.S. coastlines this decade to fight climate change may be unattainable due to soaring costs and supply chain delays, according to forecasters and industry insiders.The 2030 target, unveiled shortly after Biden took office, is central to Biden's broader plan to decarbonize the U.S. economy by 2050. It is also crucial to targets of Northeast states hoping wind will help them move away from fossil fuel…

14 Sep 2023

USACE Awards Contract for Monongahela River Locks and Dam 3 Removal

(Photo: U.S. Army Corps of Engineers)

The U.S. Army Corps of Engineers Pittsburgh District awards a nearly $30 million contract to remove the Monongahela River Locks and Dam 3 in Elizabeth, Pa.The district awarded the dam removal contract to the Pittsburgh-based Joseph B. Fay Company.The work is part of the Lower Monongahela River project, which includes the construction of the larger lock chamber at Locks and Dam 4 at river mile 41.5 near Charleroi and the replacement of the fixed-crest dam with a gated dam at Locks and Dam 2 in Braddock…

21 Aug 2023

Baltic Dry Index Down as Capesize Vessel Rates Fall

© InfinitumProdux / Adobe Stock

The Baltic Exchange's main sea freight index fell for a second straight session on Monday, weighed down by a dip in capesize vessel rates.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels carrying dry bulk commodities, fell 14 points to 1,223.The capesize index fell 60 points, or 3.8%, to 1,538, its lowest in nearly four weeks.Average daily earnings for capesize vessels, which typically transport 150,000-tonne cargoes carrying commodities such as iron ore and coal, fell $503 to $12,752.The panamax index slipped 1 point to 1,541, snapping its 18-day w

17 Aug 2023

Baltic Dry Index Nears Three-month Peak on Demand for Smaller Vessels

© Unkas Photo / Adobe Stock

The Baltic Exchange's main sea freight index rose to its highest level in nearly three months on Thursday, propelled by gains in smaller panamax and supramax vessels.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels carrying dry bulk commodities, increased 14 points to 1,247, its highest since May 24.The panamax index gained 36 points, or 2.4%, to 1,522, continuing a 17-day winning streak.Average daily earnings for panamax vessels, which usually carry coal or grain cargoes of about 60…

16 Aug 2023

Baltic Dry Index Hits Over One-month High on Gains Across Vessel Segments

© Sergej Razvodovskij / Adobe Stock

The Baltic Exchange's main sea freight index rose to a more than one-month high on Wednesday, helped mostly by steady gains in rates for the panamax and capesize vessel segments.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels carrying dry bulk commodities, rose 67 points, or 5.8%, to 1,233.The capesize index gained 104 points, or 6.5%, to 1,701.Average daily earnings for capesizes, which typically transport 150,000-tonne cargoes carrying commodities such as iron ore and coal, increased by $862 to $14,106.The panamax index gained 74 points, or 5.2%,

14 Aug 2023

US Coast Guard, Navy Rescue Four Missing Divers off North Carolina

A Coast Guard Station Oak Island 47-foot Motor Lifeboat crew arrives at Station Oak Island, North Carolina on Aug. 14, 2023 after rescuing four missing divers 46 miles southeast of Cape Fear River, N.C. (Photo: Eric Tucker / U.S. Coast Guard)

Four divers that went missing off the U.S. East Coast on Sunday were rescued Monday 46 miles southeast of Cape Fear River, N.C.The U.S. Coast Guard said its watchstanders at Sector North Carolina initially received a notification Sunday from Coast Guard Sector Charleston stating four men were diving from the pleasure craft Big Bill’s, approximately 63 miles east of Myrtle Beach, S.C. near noon, and had not resurfaced. Sectors Charleston and North Carolina coordinated a multi-asset…

14 Aug 2023

Gains in Panamax Vessel Rates Lift Baltic Dry Index

© glebzter / Adobe Stock

The Baltic Exchange's main sea freight index edged up on Monday as rates for the panamax segment, ferrying coal and grain cargoes, hit a more than three-month high that also helped offset a dip in the larger capesize vessel segment.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels ferrying dry bulk commodities, edged up by 6 points to 1,135.The panamax index extended its winning streak to a 14th straight session to gain 28 points, or 2.1%, to 1,365.

09 Aug 2023

Baltic Index Inches Up as Panamax Gains Outweigh Capesize Losses

©norinut/AdobeStock

The Baltic Exchange's main sea freight index edged up on Wednesday as panamax rates hit a near three-month high, countering a dip in the larger capesize segment.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels carrying dry bulk commodities, increased 2 points to 1,144.The panamax index .BPNI gained 38 points, or 3.2%, to 1,233, its highest since May 18.Average daily earnings for panamax vessels, which usually carry coal or grain cargoes of about 60…

07 Aug 2023

Baltic Dry Index Up on Firm Rates for Larger Vessels

© Yaniv / Adobe Stock

The Baltic Exchange's main sea freight index rose for a third straight session on Monday, buoyed by an uptick in capesize and panamax vessels rates.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels carrying dry bulk commodities, rose 9 points to 1,145.The capesize index gained 14 points to 1,832.Average daily earnings for capesizes, which typically transport 150,000-tonne cargoes carrying commodities such as iron ore and coal, increased by $112 to $15,192.The panamax index gained 20 points, or 1.8%, to 1,153, highest since June 21.Average daily earni

07 Aug 2023

Mass. Maritime to Open On-campus Center for Inclusion

(Photo: Massachusetts Maritime Academy)

Massachusetts Maritime Academy (MMA) is set to open a new office on campus that promotes diversity, equity and inclusion through programs, events and student support initiatives.MMA's Office of Intercultural Engagement named its new office the Captain Paul Cuffe Center for Inclusion, in honor of the master mariner, philanthropist, abolitionist and education advocate. Approved by unanimous vote of the Massachusetts Maritime Academy Board of Trustees, the Cuffe Center is housed…

01 Aug 2023

Baltic Index Climbs to Over 1-month High on Demand for Larger Vessels

Credit:  cloudvisual/AdobeStock

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose for a fifth straight session on Tuesday, boosted by higher demand for larger vessels.The overall index, which factors in rates for capesize, panamax, and supramax shipping vessels, rose by 23 points, or 2%, to 1,150, its highest level since June 27.The capesize index added 47 points, or 2.5%, to 1,920, its highest in six weeks.Average daily earnings for capesizes, which typically transport 150…

25 Jul 2023

Energizing Naval & Coast Guard Missions

US Navy’s DDG 1000 destroyer (image credit, US Navy)

Moises DelToro at GE Vernova’s Power Conversion business, discusses how deploying a Ship’s Electric Grid is a flexible way to accommodate growing energy demands for naval and coast guard vessels.A new age of electrificationWe’re in a new naval era and it is reshaping views about fleet mixes and capabilities. Modern fleets need to be mission-configurable, highly capable for military advantage, adaptable for technology insertion, but still affordable. The growing demand for vessel power is increasingly an enabler for mission systems, not just for platform propulsion.

19 Jul 2023

Demand for Larger Dry Bulk Vessels Wanes

© Antony / Adobe Stock

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for a fourth straight session on Wednesday, pressured by lower rates for larger capesize and panamax vessel segments.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, fell by 33 points, or 3.2%, to 1,004.The capesize index went down by 61 points, or 4%, to its lowest level in near six-week at 1,468.Average daily earnings for capesizes…

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