Maritime Industry Top News
Tech File: SOLID
Commercial vessel operators are increasingly leveraging high-tech sensors and the data they provide to achieve greater efficiency and better their bottom line. A condition-based monitoring system offered by Fincantieri Marine Systems N.A. (FMSNA) is engineered to contribute toward both objectives.“FMSNA decided to develop and launch the SOLID because we wanted to help customers save money by avoiding unnecessary maintenance and repair costs…
Royal Bodewes Launches Latest Newbuild for Scotline
Dutch shipbuilder Royal Bodewes on Friday launched and christened the latest newbuild in a series for U.K.-based shipping company Scotline.The 90-meter, 4,800 DWAT Scot Isles is Scotline's fourth vessel from Royal Bodewes in recent years, and a sister to the box-shaped singledeckers Scot Carrier, Scot Explorer and Scot Ranger, with Ice Class 1A and enclosed bridge.The British-flagged vessels are classed by Lloyd's Register and are ice class 1FB FS (Finnish and Swedish)…
Austal USA to Design New T-ATS for the US Navy
Austal USA said it has been awarded a $3.6 million functional design contract to prepare for construction of the new Navajo-class Towing, Salvage and Rescue Ship (T-ATS) for the U.S. Navy.The Mobile, Ala. shipbuilder will prepare a functional design for the T-ATS, an 80-meter steel monohull vessel with multimission capability to support a variety of towing, salvage, search and rescue, oil spill response, humanitarian assistance and surveillance activities.
China's Imports Grow at Fastest Pace in a Decade
China's imports grew at their fastest pace in 10 years in May, fueled by surging demand for raw materials, although export growth slowed more than expected amid disruptions caused by COVID-19 cases at the country's major southern ports.While a brisk recovery in developed markets has bolstered demand for Chinese products, a global semiconductor shortage, higher raw material and freight costs, logistics…
Concordia Damen Launches First of 40 New Barges
The first of 40 inland waterway barges that are being built by Concordia Damen has been launched at the casco yard in Serbia. Concordia Damen signed the contract for the environmentally friendly vessels late last year.The vessels, known as the Parsifal Tankers, will be chartered by Shell and operated by the VT Group/Marlow. They will carry mineral oils between Antwerp, Amsterdam, Rotterdam and Rhine…
ERMA FIRST Acquires Marine Water Treatment Specialists RWO
Greek headquartered ballast water equipment manufacturer ERMA FIRST said it has acquired German marine water treatment specialist RWO GmbH.RWO provides water and…
Ferry Runs Aground in New York
A ferry ran aground with 118 passengers and seven crew-members aboard in Brooklyn, N.Y., on Saturday evening.Watchstanders at Coast Guard Sector New York command center received a report that the 150-foot Seastreak ferry Commodore ran aground and was taking on water in Bushwick Inlet near the Williamsburg section of Brooklyn, at approximately 4:17 p.m.The ferry, which runs routes between New York and New Jersey…
Island Offshore Takes Delivery of New PSV
Norwegian offshore vessel owner Island Offshore earlier this month took delivery of the platform supply vessel Island Discoverer. The vessel was completed by VARD Langsten this spring.“It is always exciting to take delivery of a new ship, and we are proud and grateful that our fleet is being expanded. We look forward to putting Island Discoverer to work in a market that is showing signs of improvement after many demanding years.
First Post-COVID Cruise Ship Leaves Venice Amid Protest
The first cruise ship to leave Venice since coronavirus restrictions were eased set sail on Saturday, but some local residents protested over the return to normal, unhappy about the passage of giant liners through the historic lagoon city.Hundreds of people rallied on land and small boats fluttering flags saying "No big ships" surrounded and followed the 92,000-tonne MSC Orchestra as it departed Venice port en route for Croatia and Greece.
Trafigura, Yara Sign Deal on Ammonia for Shipping Fuel
Global commodities trader Trafigura and Norway's Yara said on Monday they had signed a memorandum of understanding (MoU) aiming to supply the marine industry with carbon emissions-free ammonia for fuel.Yara will supply Trafigura with clean ammonia and together the two firms will jointly conduct research and develop marine fuel infrastructure and market opportunities for both "green" and "blue" ammonia, they said.Ammonia, a hydrogen-carrying chemical used as a fertilizer but also in other applica
Transocean, Jurong Shipyard Agree Delivery, Payment Delays for 8th Gen Drillship Duo
Offshore drilling company Transocean has reached a deal with Singapore-based Jurong Shipyard - a Sembcorp Marine subsidiary - to delay the delivery of the ultra-deepwater drillships Deepwater Atlas and Deepwater Titan, originally ordered in 2014. As part of the agreement, Jurong Shipyard has agreed to accept deferred payment for both rigs, Transocean said.The Deepwater Atlas and Deepwater Titan are the world’s first eighth-generation ultra-deepwater drillships and only rigs to feature a 3…
Fleet Rejuvenation: Euronav Sells Its Oldest Vessel
Belgian oil tanker operator Euronav said Monday it had sold the Suezmax tanker Filikon, built-in 2002, for $16.3 million. It did not say who the buyer was.Euronav…
The Disappearance of the Service Contract in Ocean Shipping and Resurgence of Ocean Tramp Practices
The below e-mail recently received by the author paints the picture we are seeing a thousand fold in the current ocean shipping marketplace in the inbound/outbound Asia trade lanes which underscores the serious disconnect currently between ocean common carriers and shippers in these U.S trade lanes:“Carlos:We are seeing examples where there was a rate agreed upon and the cargo was tendered to the carrier.
World’s First Floating Fire Boat Station Comes to San Francisco
Seemingly overnight, a new structure appeared on San Francisco’s waterfront. Situated at Pier 22½ just behind historic Firehouse 35 and nestled beside the Bay Bridge, this floating building is San Francisco’s new Fire Station 35. The facility is an answer to the city’s long-awaited need for updated fire and marine safety on the Bay.The overnight materialization of Fire Station 35 on San Francisco’s waterfront was due to the method in which it was built.
CMA CGM Earnings Jump as Shipping Rush Continues
CMA CGM, one of the world's largest container shipping groups, on Friday posted a jump in first-quarter earnings and said it expected strong demand for transporting consumer goods to continue for the rest of the year.French-based CMA CGM's net profit rose to $2.1 billion in the first quarter from $48 million in the same period last year, while core EBITDA earnings rose to $3.2 billion from $973 million, the group said in a statement.Container lines such as market leader Maersk have seen a boom i
AVEVA, IMI Extend Collaboration
AVEVA and International Maritime Industries (IMI) extended their existing long-term collaboration with a new strategic partnership, a partnership designed to advance…
Tanker Operators File Against Winson Oil in Latest Hin Leong Fallout
Maersk Tankers Singapore Pte Ltd and Scorpio LR2 Pool Ltd have filed separate claims in the Singapore High Court against Winson Oil Trading Pte Ltd for failing to fulfil its contractual obligations, court documents show.The filings are the latest fallout in the unravelling of Hin Leong—once one of Asia's top oil traders—which has left creditors scrambling to recoup about $3.5 billion in debt.Hin Leong's…
Sri Lankan Fishermen 'Helpless' After Ship Sinking Leads to Fishing Ban
Sri Lankan fishermen say they feel helpless after a cargo ship carrying tonnes of chemicals and plastics caught fire and later sank, resulting in a ban on fishing along an 80 km (50 mile) stretch of the island nation's west coast.The Singapore-registered MV X-Press Pearl, carrying 1,486 containers, including 25 tonnes of nitric acid along with other chemicals and cosmetics, was anchored offshore when…
First Line of Nord Stream 2 Pipeline Completed, Putin Says
Russia's Nord Stream 2 gas pipeline is set to be completed as the United States wants good ties with Europe, President Vladimir Putin said, as the ill-fated project is nearly complete and ready to start pumping gas to Germany.Russia's Gazprom was left without a western pipe-laying company in late 2019 following U.S. sanctions, and has since continued alone.The United States last month waived some sanctions on the Nord Stream 2 - a move U.S.
Caledonian Towage Tugs Receive Engine Overhauls
Marine engineering specialist Royston said it recently completed the extensive inspection, overhaul and service of the main and auxiliary engines and associated components, as well as both azimuth propulsion units, on two tugs operated by Caledonian Towage in the Cromarty Firth.A special survey was carried out on both the Strathdon and Strathdee coastal and harbor towage vessels. The scope of works…