Insights: Cherrie Felder, VP, Channel Shipyard Companies
For Cheryl âCherrieâ Felder, the path to the maritime industry was both untraditional and seemingly meant to be. After studying African art, she began her career working in a museum in New Orleans before landing a role directing professional rodeo in the Big Easy.âIt was a lot of fun, and I learned a whole lot,â Felder said. âBut as you may imagine, New Orleans is not a rodeo town. After the third year, the board of directors decided, okay, that's it. No more rodeo.âAnd thatâs when Felderâs doorway to the maritime industry swung openâŠ
Ocean Infinity Inks Deal with Shell for Subsea Data Capture Services
Ocean Infinity signed a global framework agreement (GFA) with Shell to provide its robotic fleet for servicing the offshore energy sector.The GFA marks a significant milestone in the provision of lean-crewed and robotic seabed geomatics, spanning geophysical and geotechnical services, within the offshore energy sector.It covers a 5-year period, encompassing all countries where Shell is currently active or plans to operate in the future.Services governed by the GFA include the Armada fleet of uncrewed and lean-crewed vessels."This agreement enables newâŠ
Fincantieri Scoops $1.27B Deal to Supply Two Patrol Vessels to Indonesia
Fincantieri and the Indonesian Ministry of Defense have signed a contract for the supply of two Multipurpose Offshore Patrol Vessel (PPA) units.The $1.27 billion (âŹ1.18 billion) deal is part of the framework of collaborative relations initiated by the Italian Ministry of Defense.A PPA is a highly flexible ship with an outstanding technological standard. It has the capacity to serve multiple functions, ranging from patrol with sea rescue capacity to Civil Protection operations and first line fighting vessel.The vessels to be supplied by Fincantieri will be 143 meters long overallâŠ
Austal Vietnam to Build RoPax Vessel for The Degage Group
Austal Limited announced Austal Vietnam has been awarded a contract to design and construct a 71-meter roll-on-roll-off (RORO) passenger cargo vessel for The Degage Group of French Polynesia.The new steel monohull ferry design includes an aluminium superstructure accommodating up to 140 seated passengers and 17 crew, and features a main cargo deck area of 494 square meters; capable of transporting a combination of 10- and 20-foot containers, palletized cargo and vehicles.With a cruising speed of 12 knots and a range of 1âŠ
Strategic Marine to Build CTV for Polish Offshore Wind Industry
LOTOS Petrobaltic, an ORLEN Group company, signed a contract for the construction of a Crew Transfer Vessel (CTV) with Singapore-based Strategic Marine, set for service in the Polish offshore wind market.The StratCat 27 CTV is scheduled to be completed this summer, with delivery to Europe planned for early September 2024.This CTV will join the existing fleet managed by Miliana Shipmanagement Limited, a company belonging to the LOTOS Petrobaltic capital group, which owns five offshoreâŠ
Bridge Collapse Freezes Ship Traffic in Port of Baltimore
Ships sailing to the U.S. port of Baltimore dropped anchor in waters nearby while vessels were stranded inside the port after traffic was halted following a bridge collapse, shipping data showed on Tuesday.A 948-foot container ship smashed into a four-lane bridge in the port in darkness early on Tuesday, causing it to collapse and sending cars and people plunging into the river below.Port traffic was suspended until further notice, Maryland transportation authorities said.At least 13 vessels that were expected to load coal were anchored near to Baltimore portâŠ
Seaspan Awarded Contracts for Canadian Coast Guardâs Multi-Purpose Vessels
The Canadian government on Tuesday announced it has awarded a pair of contracts to Seaspanâs Vancouver Shipyards Co. Ltd. (VSY) to initiate the next stages of procuring the first flight of Multi-Purpose Vessels (MPV) for the Canadian Coast Guard (CCG).These contracts, which are worth $490.6 million combined (taxes included), following completion of the vesselâs basic design review in late 2023 and allow VSY to undertake pre-construction work, such as selecting specific pieces of equipmentâŠ
New High-speed Vessel Joins the San Francisco Bay Ferry Fleet
The latest newbuild for the San Francisco Bay Ferry fleet has been commissioned. The high-speed passenger vessel Delphinus was built by Mavrik Marine in La Conner, Wash. as the second of four new Dorado class ferries. Design was completed by One2three Naval Architects and construction management services were provided by Aurora Marine Design.Vessel construction was funded through the Federal Transit Administration and the State of Californiaâs Proposition 1B in collaboration withâŠ
FMD Acquires AMMCON
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management (Arcline), has acquired AMMCON Corp., a Jacksonville- based fittings and assembled components manufacturer. The defense contractorâs acquisition continues its expansion and commitment to providing critical components to the U.S. Navy and other marine defense customers.âFairbanks Morse Defense is working to build fully integrated products and services that will meet every need of maritime defenseâŠ
Leadership Profile: Tor Svanes and NAVTOR's Quest to Transform Shipping
Compliance, performance, profitability, sustainability; take the biggest âpain pointsâ for almost any shipping company and watch NAVTORâs digital ecosystem work wonders. Here Tor Svanes, Founder and CEO, explains how NAVTOR has grown to lead the smart shipping world, why the recent merger with Voyager Worldwide was so critical, and how he hopes to help steer the industry towards brighter, simpler, and more intelligent horizons.âThe morning of the announcement I got a text from the boss of one of our biggest competitorsâŠ
Ships Bound for Baltimore Drop Anchor After Traffic Stopped
At least 10 commercial ships that were sailing to the U.S. port of Baltimore have dropped anchor in waters nearby, data from ship tracking and maritime analytics provider MarineTraffic showed on Tuesday.A container ship smashed into a four-lane bridge in the port on Tuesday, causing it to collapse and sending cars and people plunging into the river below.Port traffic was suspended until further notice, Maryland transportation authorities said.The vessels that anchored included container and bulk carrier ships that were signaling their destination as BaltimoreâŠ
Davie Awarded Contract for Canadian Icebreaker Design
The Canadian government has awarded a contract to shipbuilder Chantier Davie Canada Inc. of Lévis, Quebec, for initial work related to the construction of new Program Icebreakers. Under this $19.6-million contract including taxes, Davie will begin work to develop the initial design.A series of six new Program Icebreakers is planned to replace the Canadian Coast Guardâs (CCG) medium icebreakers that operate in Atlantic Canada and the St. Lawrence waterways during the winter, and in the Arctic during the summer.This contract enables the shipyard to initiate project planning phasesâŠ
Sweden Buys Norwegian Icebreaker
The Swedish Maritime Administration has purchased the 18-year-old icebreaker Polar Circle, expanding its fleet of icebreaking ships to help keep the nation's ports and shipping lanes clear during the cold winter months.In December, the Swedish Maritime Administration put out a tender to acquire a secondhand icebreaker, with Polar Circle emerging as the most suitable option. The agency recently ran the Polar Circle through trials in the Gulf of Bothnia before committing to purchase the vessel."We are delighted to welcome Polar Circle to our fleet.
US Dredging: Plenty of Issues, New WRDA on the Way
2024 marks another year for development of a biennial WRDA billâWater Resources Development Act, critical legislation for the Nationâs waterways, ports and harbors. WRDA encompasses a range of issues, from environmental regs to energy use to agriculture and, of course, a focus on projects critical for economic growth.Because these are dynamic and timely issues, Congress and the maritime sector like to keep WRDA on a two-year reauthorization timeline. Indeed, the House Transportation & Infrastructure Committee, December and January, held three WRDA information hearings.
Fincantieri to Open Support Facility in Everett
This spring, Fincantieri Marine Repair (FMR) is expanding its presence to the Port of Everett with a new facility to support U.S. Navy assets.On March 12, the Port of Everett Commission unanimously approved a new one-year lease to establish an FMR office at the Portâs Marina Village at Waterfront Place.The U.S. Navy plans to homeport up to 12 new Constellation-class guided-missile frigates at Naval Station Everett, adjacent to the Port of Everettâs international Seaport. The FMRâŠ
Greek Shipping Tycoon Wins in Legal Battle with Newcastle United Co-owner
Newcastle United football club co-owner Amanda Staveley on Monday lost a London High Court battle with a Greek shipping tycoon over a historic debt of nearly 3.5 million pounds ($4.4 million).Staveley, who owns 10% of the Premier League side with her husband, denied she was liable to Victor Restis for a sum that had snowballed with interest to over 36 million pounds.The total bill had included around 31 million pounds in interest, accruing at 505,000 pounds per day. Restis' lawyersâŠ
Accelleron, Furuno in MoU on "Digital Cooperation"
Accelleronâs Japanese joint venture company Turbo Systems United signed a memorandum of understanding (MoU) with Furuno to cooperate in digital activities. The agreement, the first of its kind for the Accelleron group in Japan, is aimed at improving access to optimization solutions and digitally enabled services.
Fugro Pioneer Converts to Green Methanol
Fugro Pioneer is ready to be equipped with methanol engines after successfully converting the main components on board, the company reports, a plank in its path to reach Net-Zero operations by 2035.The geophysical vessel was converted in the Netherlands as part of the Fugro-led consortium MENENS (Methanol as Energy Step Towards Emission-free Dutch Shipping) with a grant from the Netherlands Enterprise Agency (RVO).The vessel adjustments to the Fugro Pioneer allow two of its four original engines to be replaced by methanol enginesâŠ
Red Sea Attacks Temporarily Increase Demand for Ships
The BIMCO Container Shipping Market Overview & Outlook for March 2024 has been published, and Niels Rasmussen, BIMCOâs Chief Shipping Analyst, highlights that ship supply is expected to grow on average 9.1% in 2024 and 4.1% in 2025.Rerouting via Cape of Good Hope is assumed to impact the first half of 2024. Ship demand increases an estimated 9.5% in 2024 and falls 0.5% in 2025. The supply/demand balance is expected to tighten in the first half of 2024 but then weaken when ships can return to the Suez Canal routing.According to the IMFâŠ
Reach Subsea Extends Olympic Taurus Charter and Orders Two ROVs
Norwegian company Reach Subsea has extended the charter for the Olympic Taurus subsea vessel and ordered two new Constructor-type remotely operated vehicles (ROVs) from Kystdesign.Back in February, Reach Subsea announced a 100-day project charter for the subsea vessel Olympic Taurus, with extension options for 2+1+1 years.The company has now extended the charter for an additional two years and retain options for another 1+1 years."With a solid backlog and substantial tender pipeline for the coming periodsâŠ
Inland Waterways Focus: The Pacific Northwest Columbia-Snake River System
"The Columbia River and its tributaries, wetlands, and estuaries are the lifeblood of the Pacific Northwest, providing abundant water, power, recreation, agriculture, transportation and natural resources that have supported livelihoods, cultural and spiritual practices, commerce and economic growth.â - President Biden, Memorandum of September 27, 2023.Those abundant benefits directly impact about 13 million people in the Pacific Northwest. Hydropower extends that plentitude to millions more, powering cities and industry from Idaho to California.
China Grain Imports Near Record High
Cereal and oilseed imports to China, the world's biggest buyer of farm goods, will remain near record highs this year despite a recent spate of cancellations as lower global prices and a domestic output shortfall prompt purchases.China's wheat imports from Australia in January and February this year have nearly quadrupled from the same time last year, the latest customs data show. That trend should continue even after Beijing cancelled or postponed 1 million metric tons of Australian wheat last week.The cancellations, along with those for about 500,000 tons of U.S.
Amogy, W-Industries Enter Tech & Engineering Partnership
Ammonia-to-power solutions provider Amogy announced it has signed a Memorandum of Understanding (MOU) with W-Industries, a provider of engineering, technology, manufacturing, construction and services, to explore opportunities for technology and engineering collaboration.Tailored for industries such as maritime shipping and power generation, Amogyâs ammonia-to-electrical power system splits, or âcracks,â liquid ammonia into its base elements of hydrogen and nitrogen, and then funnels the hydrogen into a fuel cell for clean power generation.TogetherâŠ