Maritime Industry Top News
Golden Ray Salvors Begin Cutting Operations
A specialized heavy lift crane vessel began cutting the first bow section of the capsized car carrier Golden Ray on Friday as salvage crews enter the next phase of operations to remove the overturned vessel from Georgia's St. Simons Sound.The Korean-owned Golden Ray, which capsized after leaving the Port of Brunswick in September 2019, will be dismantled in place and removed in sections. Salvors have installed 16 lifting lugs on the wreck to provide connection points for the U.S.-flagged VB 10âŠ
Report Highlights Regulators' Failure to Protect Seafarers
Seafarers are left unprotected by systemic failures in the implementation of the regulatory regime for work and rest hours at sea, a newly published report finds.The World Maritime University's (WMU) new report, "A Culture of Adjustment", by Dr. Raphael Baumler, Yvette deKlerk, Dr. Michael Ekow Manuel and Dr. Laura Carballo Piñeiro confirms previous research that suggested recording malpractices are widespreadâŠ
CMA CGM Tenere Carries Out Its First LNG Bunkering
CMA CGM is carrying out the first LNG bunkering of the CMA CGM Tenere, the first of six 15,000-TEU, liquefied natural gas (LNG)-powered containerships chartered by the CMA CGM Group, the French container line announced Monday.In Rotterdam, 12,000 cubic meters of LNG will be pumped into the CMA CGM Tenereâs tanks by Totalâs Gas Agility, the worldâs largest LNG bunker vessel, while the containership carries out cargo handling operations concurrently.
New CO2 Vessel, Tank and Cargo Handling Concept Unveiled
A new tank concept for liquefied petroleum gas (LPG) and carbon dioxide (CO2) transportation promises to more than double current vessel cargo capacity, representing a step forward in the development of maritime transport solutions for the expanding carbon capture and storage (CCS) market, which will require maritime transport of liquefied CO2 to scale up rapidly. The new design, which is based on existingâŠ
Biden Expected to Roll Back Trump's Offshore Energy Rollbacks
Joe Biden could erase much of President Donald Trumpâs four-year legacy of energy and climate deregulation with the stroke of his pen, according to regulatory experts, but replacing it with something new and durable may prove trickier.Trumpâs rollbacks are on shaky ground because most were done not through Congressional lawmaking but via presidential executive orders that can be easily torn up by a new administration.
China October Iron Ore Imports Dip
Chinaâs iron ore imports slipped 1.7% in October from a month earlier, but still hovered well above 100 million tonnes, official customs data showed on Saturday, propped up by firm demand at Chinese mills and shipments from major miners.The worldâs top iron ore consumer imported 106.74 million tonnes of the steelmaking ingredient in October, 14.9% more than in October 2019, but still below the 108.55 million tonnes brought in during SeptemberâŠ
Gallery: Ulstein Launches Nexans Aurora Cable Layer
Norwegian shipbuilder Ulstein on Sunday launched Nexansâ new cable-laying vessel, the âNexans Auroraâ.The hull of the vessel, built at CRIST, Poland, arrived at Ulstein Verft in June 2020. It has since been fitted with electrical installations, insulation work was carried out, the remaining main equipment (e.g. engines, thrusters, main switchboards, winches) and cable lay equipment was installed. The work at the Norwegian shipyard also included other minor and major installationsâŠ
Methanol-operated Fuel Cell System Gets DNV GL AIP
A methanol-operated fuel cell system from Freudenberg Sealing Technologies has received approval in principle (AIP) from classification society DNV GL, setting the course for further testing aboard the cruise ship AidaNova as soon as 2021.Converting the approximately 100,000 commercial ships on the worldâs oceans to CO2-neutral propulsion systems is one of the maritime industry's greatest challenges.
Singapore Launches Its First 'Cruise to Nowhere'
Hit by cabin fever, hundreds of Singapore residents itching to get out of the tiny country boarded a âcruise to nowhereâ on Friday, a rare chance to sail the seas after the coronavirus pandemic shut down much of the cruise industry.Before starting their short âseacationâ on the 335-meter World Dream, passengers underwent coronavirus swab tests before boarding the vessel, which was operating at half capacity to prevent crowding.Retiree Ang Sen HockâŠ
NAT Expects Tanker Market Lull Will Be Short Term
The recent slowdown in the oil tanker market is expected to be short-lived, shipowner Nordic American Tankers (NAT) said Friday in a letter to shareholders.NAT,âŠ
Baltic Index Edges Higher on Stronger Capesizes Rates
The Baltic Exchange's main sea freight index, which tracks rates for capesize, panamax and supramax vessels, edged up on Friday on stronger rates for the capesize vessel segment.The Baltic dry index was up 2 points, or 0.2%, at 1,196.However, the index lost 6.9% this week, its fifth straight weekly loss.The capesize index rose 30 points, or 1.8%, to 1,739, but declined about 8.8% for the week.Average daily earnings for capesizes, which typically transport 150,000-tonne cargoes such as iron ore a
Schottel Scores Two-year Supplier Deal for Sanmar's Bigaçay Tugs
Turkish boatbuilder Sanmar Shipyards has signed a framework agreement with Schottel that makes the German propulsion specialist the exclusive supplier of thrusters for the Bigaçay class tugs for two years.âThe agreement puts Sanmar in a position of a contractual partner offering the latest propulsion technology with Schottel exclusively providing our shipyards with two 2,700 kW rudderpropellers type SRP 560 CP for each vessel of the Bigaçay tugboat classâŠ
Concordia Damen Bags Order for 40 Dual-fuel Tank Barges
Dutch shipbuilder Concordia Damen said Friday it has signed a contract for 40 eco-friendly dual-fuel barges with institutional investors advised by J.P. Morgan Asset Management. The barges will be chartered by Shell and operated by the VT Group/Marlow. Frachtcontor Capital Partners was the broker for the deal.The 110- by 11.5-meters vessels will have liquefied natural gas (LNG) propulsion and extreme shallow draft capabilities â 2âŠ
Austal's Vietnam Yard Delivers Its First Newbuild
Shipbuilding group Austal announced Friday that its Vietnam yard opened in 2018 has delivered its first vessel fully constructed at the Vung Tau shipyard.The 94-meter high-speed catamaran A.P.T James was officially handed over from Austal Vietnam to the National Infrastructure Development Company (NIDCo), to be used for maritime transport services on the Trinidad and Tobago âsea bridgeâ route betweenâŠ
EU Eyes Huge Hike in Offshore Wind Capacity to Meet Climate Goals
The European Union is considering a plan to increase its offshore wind energy capacity five-fold this decade and 25-fold by 2050, as it seeks to become climate neutral by mid-century, according to a draft policy.The 27-nation EU, which is already home to 42% of the world's offshore wind capacity, says the technology now produces clean power at a lower price than any fossil fuel-based source.A draft of the European Commission's strategy for offshore renewable energyâŠ
Asia Energy Logistics Sells Bulk Carrier
Hong Kong-based Asia Energy Logistics has said it has agreed to sell its bulk carrier MV Asia Energy.In a brief statement on Thursday, Asia Energy Logistics said that on November 5âŠ
Video: Bulker Crewmember Medevaced Off San Diego
An ailing mariner was medevaced Thursday from a bulk carrier more than 250 miles west of San Diego, the U.S. Coast Guard said.On Wednesday night, watchstanders at 11th Coast Guard District command center received a request for assistance from the Panamanian-flagged bulker Jal Kamadhenu, which reported a 55-year-old crewman on board was displaying symptoms of a possible heart attack or stroke.A CoastâŠ
General Dynamics Awarded $9.47 Bln Submarine Construction Contract
General Dynamics Corp was awarded a $9.47 billion contract for the construction of Columbia class submarines, moving the U.S. Navy's top procurement priority out of the early-construction phase, the Pentagon said on Thursday.The contract for the nuclear-powered ballistic missile submarines covers the move to full construction of the first ship in the class, the USS Columbia, as well as continued advanced construction of the second shipâŠ
Fire-stricken Venezuelan Oil Tanker Undergoes Repairs in Cuba
An oil tanker owned by Venezuelan state oil company Petroleos de Venezuela's maritime division is undergoing repairs in Cuba after suffering a fire while discharging last weekâŠ
Bunker Demand Returns to Pre-pandemic Levels
Asian refiners' profit from producing very low sulphur fuel oil (VLSFO) climbed to six-month highs this week as output cuts keep supplies tight while demand for the shipping fuel at most ports are back at pre-pandemic levels, traders and analysts said.The trend is likely to stay for the rest of the year, encouraging Asian refiners to prioritize VLSFO production along with petrochemical feedstock naphthaâŠ
