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Founded in 1806, SSH Continues Serving Retired Merchant Mariners
The Sailors’ Snug Harbor (SSH) is a charity based out of New York that provides assistance to retired merchant mariners. In 2022, SSH helped more than 400 mariners in 33 states and Puerto Rico. SSH helps mariners live more comfortably by assisting them with their living expenses such as rent, mortgages, and utilities. SSH also helps them find other assistance and local services. In recent years, SSH…
Dry Bulk: Capesizes Rates Top Five-month High
The Baltic Exchange's dry bulk sea freight index rose on Wednesday, as a jump in capesize segment to its highest since mid-July offsets a decline in rates for smaller vessel segments.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels carrying dry bulk commodities, gained 127 points, or about 8%, to 1,723, its highest since Oct.
Thailand Races to Find Missing Marines from Sunken Warship
Thailand's military mobilised helicopters, warships and unmanned drones off its central coast on Tuesday as rescue teams raced against time to find survivors after a navy corvette sank at the weekend in choppy waters.One marine was rescued alive on Tuesday from the waters of the Gulf of Thailand, the navy said, among dozens who were forced to abandon the HTMS Sukhothai late on Sunday after it was knocked over by four-metre (13 ft) waves and strong winds.
Great Ships '22: With Ships, Great or Not, Beauty is in the Eye of the Beholder
My father was on the new construction team of the 1958 SS Rotterdam V, a visually iconic passenger liner that is presently a static hotel and event space in Rotterdam Harbor. When she entered service, her looks were much discussed and generally compared to her very graceful older running partner, the 1936 SS Nieuw Amsterdam II.I have pictures of both vessels in my office and I think the older vessel is the prettier vessel.
Ukraine Grain Deal Unlikely to Include New Ports in Near Term
United Nations aid chief Martin Griffiths said on Thursday it was unlikely the Black Sea grain deal would be expanded in the near term to include more Ukrainian ports or reduce inspection times.Kyiv has called for an expansion of the deal with Moscow which was mediated by the United Nations and Turkey and allows Ukraine, a major global grain exporter, to ship food products from three of its Black Sea ports despite Russia's invasion."I don't see that happening in the next, near term," the U.N.
Ship Recycle Market Shows Some Positivity
After the last few weeks of insufferable performances from the major recycling markets, a shade of positivity was observed this week, as owners seem more confident…
Shell's 34,000t North Sea-bound Penguins FPSO Leaves Chinese Shipyard
Shell's Penguins FPSO has set sail from China loaded aboard Boskalis' White Marlin semi-submersible heavy transportation vessel.In a social media post on Thursday, Boskalis said: "Boskalis’ semi-submersible transport vessel White Marlin departed from Qingdao, China with an impressive cargo; the 34,000-ton cylinder-shaped Shell Penguins FPSO. After a smooth and safe float-on and [seafastening] campaign…
Global Port Services Supports Construction of Scotland's Largest Offshore Wind Farm
Global Port Services, owned by Global Energy Group alongside the Port of Nigg, has said it has secured multiple contracts to support its client Seagreen Wind Energy Limited (SWEL), with site enabling works for the pre-assembly construction of wind turbine components (WTGs) at its Port of Nigg facility. The news comes as the final turbine foundations for Seagreen arrive at Nigg to be prepared for installation at Seagreen offshore wind farm site…
CMA CGM to Buy New York, New Jersey Terminals from Canada's GCT
CMA CGM, one of the world's largest container shipping lines, said on Tuesday that it has agreed to acquire two container terminals at the port of New York and New Jersey from Global Container Terminals (GCT), which will extend its presence in a crucial hub for trade.The deal comes after French-based CMA CGM last month said it expects a pullback in shipping markets to accelerate in the fourth quarter due to high energy prices and flagging consumer spending…
Protests Called Off at Adani's South India Port
Protests were temporarily called off at Adani's Vizhinjam seaport in the southern Indian state of Kerala after more than four months of agitation, a protest leader said on Tuesday, but demands to halt port construction were not met.Work by the Adani Group had been paused at the port because of objections from a mostly Christian fishing community, led by Catholic priests, who said the port would cause coastal erosion and undermine locals' livelihoods…
Russia Says It Won't Accept Oil Price Cap
Russia "will not accept" a price cap on its oil and is analyzing how to respond, the Kremlin said in comments reported on Saturday, in response to a deal by Western powers aimed at limiting a key source of funding for its war in Ukraine.Kremlin spokesman Dmitry Peskov said Moscow had made preparations for Friday's price cap announcement by the Group of Seven nations, the European Union and Australia…
Saudi Arabia Signs Deal with Navantia to Build Combat Ships
Saudi Arabia's defense ministry signed a memorandum of understanding (MOU) with Spanish state-owned Navantia company on Wednesday to build multi-mission combat ships for the Saudi Navy, the Saudi state news agency (SPA) reported early on Thursday."The MoU aims to raise the level of readiness of the Royal Saudi Naval Forces to enhance maritime security in the region, and protect the vital and strategic interests of the Kingdom of Saudi Arabia," it said.According to the agreement, the Spanish co
The Climate Upside to The Downturn in Container Shipping Rates
Global container shipping rates are a widely used gauge of overall consumer sentiment, with high and rising costs indicating strong demand for goods, gadgets, and clothes, while falling rates attest to slowing or falling buyer interest.As the main conduit for global trade in finished and intermediate goods - including an overwhelming majority of the parts and machinery needed to produce other merchandise…
US Coast Guard Says Calcasieu, Louisiana Oil Spill Contained
An estimated 3,500 gallons of used lubricant oil that spilled near Calcasieu Point Landing, in Louisiana, has been contained, U.S. Coast Guard officials said in a statement on Tuesday.The discharge, reported on Monday, was discovered to have escaped from the secondary containment at Martin Energy Services, the Coast Guard told Reuters in an emailed statement."The source of the spill has been secured…
Inmarsat to Roll Out IoT Solution to More than 60 Zamil Offshore Vessels
Inmarsat, a mobile satellite communications services provider, will roll out an Internet-of-Things (IoT) solution to more than 60 of Saudi-based Zamil Offshore's vessels in the Gulf area.The solution - powered by Fleet Connect and Fleet Data delivered through Inmarsat’s Fleet Xpress - will allow Zamil to identify, trial and select the best solutions to meet vessel performance expectations set by its charterer, Saudi Aramco.
Germany to Get New Qatari LNG flows Through QatarEnergy, ConocoPhillips Deal
Germany is set to receive new flows of Qatari liquefied natural gas (LNG) from 2026 after QatarEnergy and ConocoPhillips COP.N on Tuesday signed two sales and purchase agreements for its export covering at least a 15-year period. Since Russia's invasion of Ukraine in February, competition for LNG has become intense, with Europe in particular needing vast amounts to help replace Russian pipeline gas that used to make up almost 40% of the continent's imports.The deal…
OXE Marine Using Biodiesel for All Testing
Diesel outboard manufacturer OXE Marine said it will use biodiesel for all development and testing of its products going forward.The company said it has decided to implement HVO100 in all development and testing after its recently published sea trials showed the company’s 300 hp diesel outboard OXE300 was tested against a gasoline outboard of equivalent power, where OXE Marine showed not only a 50%…
Newport News Authenticates Keel for US Navy Sub Arkansas
HII’s (NYSE: HII) Newport News Shipbuilding (NNS) division hosted a keel authentication ceremony for Virginia-class submarine Arkansas (SSN 800).The ship’s sponsors are the six women of the historic group known as the Little Rock Nine, the first African American students to attend all-white Central High School in Little Rock, Arkansas during desegregation. NNS honored all nine members, including the three men…
Marine News' Top Vessels of 2022
The November edition of Marine News magazine highlighted the most notable newbuilds delivered in 2022. From sturdy and nimble workboats, to the first new Jones Act laker in a generation, each vessel on display showcases the industry’s engineering prowess and technological ingenuity, with the focus on improving efficiency in operations. The maritime industry has no shortage of challenges to overcome…
The World Can Harness Trade to Save the Planet
Trade is a major cause of global warming. Think of all those goods travelling from far away on polluting ships – and raw materials and components whizzing across the world in complex supply chains.But the right trade policies can also do a lot to save the planet. The solution is to tax trade in carbon-intensive goods and get rid of tariffs on clean ones – while also subsidising green technologies and stopping aid to dirty ones.
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