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Maryland Governor Urges Congress to Fund Bridge Rebuild
With efforts underway to clean up thousands of tons of steel debris from the collapsed bridge in Baltimore's harbor, Maryland Governor Wes Moore on Sunday urged Republicans to work with Democrats to approve the federal funding needed for rebuilding the bridge and to get the port economy back on its feet.Baltimore's Francis Scott Key bridge collapsed early on Tuesday morning, killing six road workers…
Roll Group Adds Two Ships
Roll Group will add two vessels from the global logistics company, KMC Line, commencing in the second half of 2025. The vessels will be renamed Bigroll KMC Beaumont and Bigroll KMC Busan, giving the heavy cargo carrier a larger fleet of 10 heavy transport project vessels. KMC Line, founded in 1989 and based in Korea, specializes in steel shipping, bulk carriers, heavy cargo shipping industries, and agency work.
Ferry and Cruise Passenger Numbers Increase in Denmark
Last year there was a 0.5% increase in the overall number of passengers on ferry routes within and abroad from Denmark, reports the Danish Shipowners organization, Danske Rederier. The growth was particularly high on foreign routes (1.9%), including to Germany and Sweden. In contrast, there were 1.8% fewer passengers on domestic routes than the year before.Also in 2023, more cruise passengers disembarked…
Australian Submarine Maintenance Facing Possible Disruption Due to Workers Strikes
Workers at Australian state-owned submarine builder ASC Ltd began on Monday a campaign of strikes for higher wages that could disrupt maintenance for Australia's submarines even as it prepares to build the nuclear-powered AUKUS fleet.Roughly 300 workers at ASC's Osborne shipyard in South Australia walked off the job for an hour on Monday, and a separate meeting of union members voted to continue some form of strikes indefinitely…
India Deploys Unprecedented Naval Might Near Red Sea
India has deployed at least a dozen warships east of the Red Sea to provide security against pirates and has investigated more than 250 vessels as Western powers focus on attacks by Yemen's Iran-backed Houthis, Indian officials said.India has not joined the U.S.-led task force for the Red Sea and does not have any warships there. But it currently has two frontline warships in the Gulf of Aden and at least 10 warships in the northern and western Arabian Sea…
Subsea Vessel Market is Full Steam Ahead
Since our last market update in the subsea space about a year ago both our current market view and forecasts have strengthened significantly.While the demand picture is looking solid and arguing for a strong multi-year upcycle, the supply side has also started to wake from its slumber albeit ever so slightly at the time of writing. Moreover, we register an interesting dynamic on the shipowner side…
NOV Bags Order for Industry's First Electric Subsea Crane
NOV reports its Lifting & Handling group has sold what is said to be the industry’s first-ever electric subsea crane. The order was booked at the end of 2023 with an undisclosed client in Europe, NOV said.The first-of-its-kind crane offers enhanced efficiency compared to electro-hydraulic cranes, helping lead to reduced vessel emissions, the manufacturer said, adding that the design allows for the recovery of potential energy from loads lowered to the seabed…
Fincantieri Lands Norwegian Cruise Line Order for Four Next-Gen Cruise Ships
Fincantieri has received a highly significant order from Norwegian Cruise Line Holdings for the construction of four new next-generation cruise ships.The order entails the construction of two cruise ships for the Regent Seven Seas Cruises and two for the Oceania Cruises brands respectively.The ships designated for Regent Seven Seas Cruises, scheduled for delivery in 2026 and 2029, will boast a gross tonnage of 77…
Due Diligence Needed for Maritime Tech Adoption to Minimize Risk with Digital Transformation, Says OrbitMI
Rapid technological change, complex regulation and competitive pressures are driving digital transformation in the shipping industry. But navigating a confusing software landscape can be difficult, and sound decision-making is essential to minimize innovation risk, according to OrbitMI.Industry spending has soared in recent years on intelligent process automation solutions geared to boosting efficiency…
Berge Bulk Orders Ammonia-fueled Newcastlemax Pair
Berge Bulk informs it has placed an order for two ammonia dual fuel vessels from China's Qingdao Beihai Shipbuilding Heavy Industry as part of a push by the dry bulk shipowner to decarbonize its operations.The two 210,000-DWT Newcastlemax vessels will meet the International Maritime Organization's (IMO) Tier III NOx (nitrogen oxides) standards and Energy Efficiency Design Index (EEDI) Phase 3 compliance…
Esgian Week 12 Report: New Finds in Guyana, China and Norway
Esgian reports fresh finds confirmed in Guyana, China and Norway in its Week 12 Rig Analytics Market Roundup.Report Outline:ContractsDolphin Drilling has announced the award of a $154 million drilling contract from India's exploration and production company, Oil India Limited (Oil India), to the 6,000-ft semisub Blackford Dolphin.Malaysian offshore drilling firm Velesto confirmed Friday it had recently secured long-term contract extensions for three of its jackup rigs with Petronas Carigali…
Container Segment Set to be Hardest Hit by FuelEU Penalties
Vessels in the passenger/cruise, container, RoPax, bulker and tanker segments will have significant cost exposure from the FuelEU Maritime regulation due to be implemented from January 1 next year, despite a relatively modest initial target of a 2% cut in GHG intensity, according to OceanScore.The Hamburg-based maritime technology firm’s data analytics team has calculated that shipping will rack up total FuelEU penalties of €1.345 billion in 2025 through analysis of the 13…
Baltic Workboats to Build Damen CTVs in Estonia
Baltic Workboats (BWB) and Damen Shipyards have signed a partnership agreement for a program to build "a significant number" of Damen’s Fast Crew Supplier (FCS) 2710 crew transfer vessels (CTV) at BWB’s facility on Saaremaa Island in Estonia.The move aims to increase availability of CTVs for the Baltic region and other European markets as more offshore wind developments progress in established waters such as the North Sea as well as new areas including the Baltic Sea.
Top Shipper of Russian Oil Secures Indian Cover as Western Certifiers Exit
An Indian agency has stepped in to provide safety certification for most of Gatik Ship Management's fleet, a major carrier of Russian oil to India, after Lloyd's Register and the American Bureau of Shipping (ABS) withdrew classification for many of its vessels, records show.Mumbai-based Gatik, which has emerged this year as a significant player in Russian oil transport, also recently reflagged at least four of its vessels to Mongolia…
Geopolitical Fighting Negatively Impacts Ship Recycling
As Russia's war continues to rage in Ukraine and tensions hit a fever pitch in the Middle East, zooming out of the ship recycling markets, GMS sees geopolitical events taking centerstage across all shipping sectors (trading and recycling) for yet another week, with no end in sight. The mysterious bombing assassination of one of the founding members of Hezbollah in the heart of the Iranian capital city of Tehran early in the week sent shockwaves across the Arab world…
Interview: Lane Richards, Everett Ship Repair
Lane Richards has worked in the maritime industry for 22 years. He began his career in the trades prior to a successful transition to project management and various sales management roles.After a short but successful stint at Nichols Brothers Boat Builders, Richards transitioned to head up the commercial sales effort at Puglia Engineering’s Fairhaven Shipyard prior to returning to Nichols Brothers in 2019.
Elcome Opens Algeciras Office
Elcome International, provider of maritime systems integration, technical support and shipboard service, announced the opening of another office in Europe. Based in the Spanish port city of Algeciras, the facility will offer sales and technical support for the company’s growing portfolio of ship navigation, communication, satellite connectivity and coastal surveillance systems. Shipboard services will include annual radio surveys and annual testing of Automatic Identification Systems (AIS)…
Senators Vote to Increase Security Funding
Senate Republicans and Democrats together boosted funding for border and port security in the fiscal 2007 Homeland Security appropriations bill by almost $1b, but…
DoTC Forms Team to Conduct Probe on Oil Spill
On recommendations of Philippine Coast Guard (PCG) commandant Vice Admiral Arthur N. Gosingan, Transportation and Communications Secretary Leandro P. Mendoza formed…
RWO Presents New Sewage Treatment Plant
The portfolio of Bremen-based water treatment manufacturer RWO has a new family member. CleanSewage Bio is an attack on the wastewater treatment market, one-side-access to the system gives significant space savings while great efforts were put into an easy and understandable handling concept, the developer said. Together with a very compact system design, the one-side-access of CleanSewage Bio offers space savings in the engine room…
