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Orsted CEO Says Abandoning US Wind Projects a 'real option'
Denmark's Orsted, the world's largest offshore wind farm developer, is prepared to walk away from projects in the U.S. unless the Biden administration guarantees more support, Bloomberg News reported on Tuesday, citing the company's CEO. "We are still upholding a real option to walk away," Orsted CEO Mads Nipper told Bloomberg News in an interview. "But right now, we are still working towards a final investment decision on projects in America." Last week Orsted said it may see U.S.
Two Dead as Algerian Coastguard Fires at Jet Skiers Who Strayed Into its Sea from Morocco
Algeria's defense ministry said on Sunday its coastguard fired warning shots before firing directly at a man on a jet ski who entered Algerian waters, in an incident that a survivor said left two dead.The incident took place on Tuesday after five men strayed into Algerian waters on jet skis near the Moroccan coastal resort of Saidia on Algeria's border, according to Mohamed Kissi, who said he survived…
Insights: Maritime and an Honest Discussion About AI
The maritime industry is often criticized as being slow to adopt new technologies. While ship building is an age-old industry, it is also varied: fishing, commercial, inland, marine construction, energy, passenger, recreation, defense, and the list goes on. Each sector serves a different purpose, and bespoke vessels fulfill different missions, operate in different environments, and are subject to different regulatory profiles.
Ukrainian, Turkish Foreign Ministers Say Black Sea Deal Must be Renewed
The Turkish and Ukrainian foreign ministers said on Friday that other solutions to the export of Ukrainian grain than the Black Sea grain deal, which ended after Russia quit last month, were less optimal.The deal brokered by Turkey and the United Nations last year had allowed the safe Black Sea export of Ukrainian grain. Ankara has been trying to persuade Moscow to return to the agreement.Ukraine announced…
Offshore Wind: US Shipbuilders Answering the Call
It’s a big deal when a U.S. president visits an American shipyard, and these trips always send a message. When President Obama spoke at HII’s Newport News Shipbuilding in 2013, he warned of the consequences of sequestration. President Trump’s 2020 speech at Fincantieri Marinette Marine touted a $5.5 billion naval contract that gave a welcome boost to the Wisconsin shipyard and its supply chain partners.
Australia LNG Strikes Would Need to Last Over a Month to Spike Prices, Analysts Say
Threatened strikes by workers at Australian liquefied natural gas (LNG) providers would need to last more than a month to significantly push up global prices, analysts said this week.The Woodside Energy and Chevron operations supply about 10% of global LNG output and worries of a walkout have lifted prices of European gas benchmark TTF forward curve 5%-7% higher over the September-to-April period than…
GT Green Technologies Working Toward BV AIP for Its AirWing
GT Green Technologies, a developer of wind-based green solutions for the maritime sector, is working with classification society Bureau Veritas toward the goal of earning an approval in principle (AIP) for its AirWing wind propulsion technology.The AIP from Bureau Veritas will be an important step forward for the design of the AirWing20 system, which harnesses the power of wind to help vessels reduce emissions and fuel burn.The system has also been awarded funding by the U.K.
Labor Shortages, Climate Change & Technology: They’re All Related
Many problems in our “New World” can be solved more quickly than ever due to the speed at which information now travels. Gone are the countless long days of research, because often our questions can be answered instantaneously at a computer terminal or on a handheld mobile device. Traditional investment, research, science and industry have all attempted to reconfigure their business practices to accept that information speed.
Electric Boat Lays Keel for Submarine Tang (SSN 805)
General Dynamics Electric Boat held a keel laying for the Virginia-class submarine Tang (SSN 805) at its facility in Quonset Point, North Kingstown, R.I.The submarine will be the third ship in the U.S. Navy to carry the name Tang. The first USS Tang was a Balao-class submarine, SS 306, credited as the most successful U.S. submarine of WWII, sinking the most tonnage of any U.S. submarine—33 enemy ships…
US Shipyards Investing to Add Serious Lifting Power
Shipyards across the U.S. are investing in new equipment to increase lift capacity, opening up the door for more projects and improved efficiency.Southern California-based Marine Group Boat Works, which performs a mix of yacht, commercial and government vessel repair work, in 2022 repowered its 665-ton Marine Travelift mobile boat hoist—the largest on the West Coast—with a Tier 4 John Deere engine.
Cargo Ship Leaves Ukrainian Port Despite Russian Threat of Attack
A container ship set off from Ukraine's Black Sea port of Odesa on Wednesday in a test of Russia's threat to attack shipping after it abandoned a deal last month allowing Ukraine to export grain.The departure of the Hong-Kong-flagged Joseph Schulte, which had been in the port since Feb. 23, 2022 - the day before Russia's invasion - followed a new Russian attack on Ukraine's grain export infrastructure.Russian air strikes damaged grain silos and warehouses at one of the Danube river ports…
Russia to Equip New Nuclear Submarines with Hypersonic Missiles
Russia is in the process of equipping its new nuclear submarines with hypersonic Zircon missiles, the head of Russia's largest shipbuilder told the RIA state news agency in an interview published on Monday."Multi-purpose nuclear submarines of the Yasen-M project will ...
Rescuers Find Four Australian Surfers Missing off Indonesian Coast
Four Australian surfers have been found alive after their boat went missing in bad weather off the east coast of Indonesia's Aceh province on Sunday, however at least one of three Indonesian crew members is believed to still be missing.The seven were aboard a 10-metre (30 foot) wooden vessel travelling from Nias Island to Aceh province's Banyak Islands when they were separated from a second vessel during bad weather around 6 p.m.
Ukraine Condemns 'provocative' Russian Actions in Black Sea
Ukraine on Monday condemned what it called "provocative" Russian actions and called for decisive countermeasures by the international community, a day after Moscow said one of its warships fired warning shots at a cargo vessel in the Black Sea.Moscow said on Sunday that its Vasily Bykov patrol ship fired automatic weapons on the Palau-flagged Sukru Okan vessel after the ship's captain failed to respond…
Shipbreaking Prices Hit the Summer Doldrums
According to GMS, it has been another intensely inert week in the Indian sub-continent ship recycling markets, with Bangladesh sinking to the bottom of the price-ranking board and neighboring India & Pakistan taking the lead (in terms of pricing and ability to secure unsold tonnage currently on offer).Not only does the Bangladeshi market have a vanishing appetite for vessels, but the lack of L/C and financing approvals also appears to be making local resales just as difficult…
Health-risk Bacteria Forces UK to Remove Migrants from Barge
Britain has removed migrants from a residential barge less than a week after they moved in after Legionella bacteria was found in the water supply, the government…
Putin Says State-owned VTB Bank to Manage Russia's Main Shipbuilder
Russian President Vladimir Putin on Thursday asked the state-owned VTB bank to manage the state's 100% stake in United Shipbuilding Corporation (USC), Russia's largest shipbuilder, to solve financial problems at the firm.Putin's decision effectively transfers control of Russia's premier shipbuilding assets to Moscow-based VTB, which has been run by Andrei Kostin, one of Russia's most influential bankers…
The "KISS Principle" & Managing, Measuring Ship Emissions
HydroComp is a well-established, small engineering firm focused on hydrodynamic and propulsion system simulation, providing design tools for engineers and naval architects to focus on vessel performance, including emissions. Don MacPherson, HydroComp’s long-tenured Technical Director, discusses the impacts of tightening emissions regulations, with insights on maximizing new vessel designs and refits.Don, maritime has been in the crosshairs of regulators to reduce emissions.
Forty-one Feared Dead in Migrant Shipwreck in Central Mediterranean
Italian authorities on Wednesday said forty-one migrants are thought to have died in a shipwreck last week in the central Mediterranean, according to accounts by survivors who have been taken to the island of Lampedusa.Local public prosecutor Salvatore Vella confirmed media reports that four people who survived the shipwreck told rescuers they were on a boat carrying 45 people, including three children.Vella's…
Newport News Authenticates Keel of Virginia-class Attack Submarine Oklahoma
HII’s Newport News Shipbuilding (NNS) division authenticated the keel today for Virginia-class attack submarine Oklahoma (SSN 802).“We enjoy participating in Navy traditions like this one because they remind us of the important role we play in our nation’s defense,” NNS President Jennifer Boykin said. “The nuclear submarines we build help ensure our peace and freedoms, and we take great pride in being a nuclear shipyard.”The ship’s sponsor is Mary “Molly” Slavonic, an Oklahoma native.
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