Maritime Industry Top News
US Awards Nearly $300 Million to Support Ferry Upgrades
The U.S. Department of Transportation’s Federal Transit Administration (FTA) has unveiled nearly $300 million in grants from President Biden’s Bipartisan Infrastructure Law aimed at transforming and expanding ferry systems across the United States. This substantial investment will support the modernization of ferry services, which are vital for millions of Americans.Each year, ferries facilitate approximately 56 million trips nationwide…
Libyan Crude Exports Rise Sharply
Libyan crude exports reached about 550,000 barrels per day last week, a three-fold increase on the previous week, according to data from analytics firm Kpler and a shipping agent.Tankers carrying crude including Flavin, Pacific Pearl, Ghibli, and Delta Atlantica set sail to European destinations from various Libyan ports in the week starting Sept. 9, the data show.This comes as the OPEC producer remains…
Houthi-hit Tanker Sounion Towed to Safe Area Without Any Oil Spill
The Greek-registered oil tanker MV Sounion, which was hit by Houthi militants in the Red Sea last month, has been successfully towed to a safe area without any oil spill, the EU's naval mission in the Red Sea Aspides said on Monday.(Reuters - Reporting by Renee Maltezou; Editing by Hugh Lawson)
Tommy Hilfiger Holds Fashion Show on Ferry Owned by Pete Davidson and Colin Jost
Clothing brand Tommy Hilfiger hosted a unique "nautical" event earlier this month, showcasing its upcoming spring collection on a decommissioned Staten Island Ferry vessel during New York Fashion Week.The fashion show marked the first event held aboard the retired ferry John F. Kennedy since it was acquired by celebrity comedians Pete Davidson and Colin Jost in 2022. The vessel was docked at South Street Seaport's Pier 17 for the September 8 event…
Höegh LNG Rebrands as Höegh Evi
Marine energy infrastructure solutions company Höegh LNG announced it has rebranded as Höegh Evi in a move that reflects its expansion beyond liquefied natural gas (LNG) vessels and terminals.Standing for “energy vector infrastructure,” the name Evi encompass a wider range of clean energy solutions, including floating infrastructure for ammonia and hydrogen, as well as carbon transport and storage (CCS)…
Loadings Picking up at Russia's Arctic LNG 2
The fifth cargo of liquefied natural gas (LNG) from Russia's Arctic LNG 2 has been picked up by a vessel managed by a company under U.S. sanctions, according to ship tracking data.The Arctic LNG 2 project by Russia's Novatek is also subject to Western sanctions over Russia's war with Ukraine. Novatek has said media allegations the company was involved in establishing and managing a "shadow fleet" for the Arctic LNG 2 project were untrue.On Sept.
HD KSOE Gains DNV Approval for LH2 Carrier Concept with Electric Propulsion
DNV has issued an Approval in Principle (AiP) to HD Korea Shipbuilding & Offshore Engineering (HD KSOE) for its cutting-edge electric propulsion liquefied hydrogen (LHâ‚‚) carrier design, which has the potential to store and transport up to 80,000 cubic meters of LHâ‚‚. The approval is a key achievement in a collaborative effort involving major industry players: HD KSOE, Woodside Energy, Hyundai Glovis, and Mitsui O.S.K. Lines (MOL).
Norden Enters Biofuel Deal with BHP
Danish shipowner Norden announced it has entered into an arrangement with Australian mining company BHP to use biofuel as a means to reduce vessel emissions.Norden said it will use approximately 1,000 tonnes of 100% biofuel (B100) during a voyage from Hay Point, Australia to Rotterdam, Netherlands on the Capesize vessel Nord Steel. This will be the largest quantity of biofuel used on a single voyage by Nor den…
Master Boat Builders Launches New Tug for Moran Towing
Master Boat Builders has launched Patricia B. Moran, a new tugboat it is building for Moran Towing Corporation, based in New Canaan, Conn.The newbuild is one of two 86-foot (LOA) tugs the Coden, Ala. shipbuilder is building for Moran. Ordered in 2022, the tugs were designed by Crowley Engineering Services and will produce a bollard pull of over 55 metric tons. The vessel will each feature two Caterpillar main engines (3512E) that are EPA Tier 4 certified and produce 2…
Kitsap Transit Awarded $13.5 Million Passenger Ferry Grant
Kitsap Transit, a public transit operator serving Kitsap County, Wash., announced it will receive $13.5 million in federal funding toward the purchase of a new fast ferry that would replace one of its oldest vessels on its Kingston/Seattle route.The funding comes from the Federal Transit Administration’s Passenger Ferry Grant program and covers nearly 80% of the project’s $17.5 million cost. Kitsap…
Malaysia’s First Hybrid Fast Crew Boat Launched
Strategic Marine, in collaboration with Centus Marine, has unveiled Malaysia’s first hybrid Fast Crew Boat (FCB).The vessel is equipped with the latest hybrid technology and gyro-stabilization, marking a significant advancement in the region’s maritime industry.It has been specifically designed to improve efficiency and sustainability in offshore operations, offering significant advantages in crew…
GCMD-Led Partners Complete Ship-to-Ship Ammonia Transfers in Australia
A Global Centre for Maritime Decarbonisation (GCMD)-led consortium has conducted ship-to-ship transfers of ammonia at anchorages within the Port of Dampier in Australia’s Pilbara region.Two transfers took place between the Green Pioneer, owned by Mitsui O.S.K. Lines (MOL), a 35,000 cubic meters (cbm) ammonia carrier, and the Navigator Global, owned by Navigator Gas, a 22,500 cbm ammonia carrier. Yara Clean Ammonia (YCA) provided the ammonia used in the transfers.The first transfer involved 4…
Ship Recycling Fundamentals Seesaw
Cash buyer GMS cites the dangerous situations unfolding across the Middle East, Ukraine and South China Sea, when saying that politics, war, and ensuing global financial instability, means that ship recycling markets continue to endure profound challenges as the industry heads towards Q4 2024.“On the financial side, we witnessed a seesawing of fundamentals as on the one hand, likely on the back of news that the U.S. Feds are revising another reduction in interest rates, the U.S.
Esgian Week 37 Report: New Contracts for Floating Rigs
Esgian provides an update on new contract awards for floating rigs in its Week 37 Rig Analytics Market Roundup.Report SummaryContractsTransocean Ltd. has secured a 365-day contract for the 12,000-ft drillship Deepwater Atlas with bp in the US GOM.Norwegian operator Aker BP has extended the contract for Saipem’s 10,000-ft semisub Scarabeo 8 in Norway.Drilling Activity and DiscoveriesEquinor has found…
Philippines Vows Continued Presence at Sabina Shoal
The Philippines said it was sending a vessel to Sabina Shoal to replace a coast guard ship that returned to port on Sunday after a five-month deployment at the contested feature in the South China Sea, in a swap that would likely irk China.Beijing had demanded the Philippines withdraw the 97-metre (318-foot) coast guard vessel Teresa Magbanua it claimed was "illegally stranded" at the atoll, which…
Eight Dead After Channel Crossing Attempt
Eight people have died trying to cross the Channel from France to England, French authorities said on Sunday, confirming earlier media reports.This latest incident follows the deaths of 12 people earlier this month when their boat capsized in the Channel on its way to Britain and highlights the pressure on the British and French governments to find ways to tackle the boat crossings.Jacques Billant, the Prefect of the Pas-de-Calais region, said that rescue crews were alerted that a boat with 59 p
Shanghai Braces for Typhoon Bebinca
Shanghai halted transportation links, recalled ships and shut tourism spots including Shanghai Disney Resort on Sunday as it braced for Typhoon Bebinca, in what could be the strongest tropical cyclone to hit the Chinese financial hub since 1949.The Category 1 typhoon, packing maximum sustained wind speeds near its centre of around 144 kph (89 mph), was about 400 km southeast of Shanghai as of 5:00 p.m. (0900 GMT).
Salvors Begin Towing Stricken Tanker Sounion in Race to Avert Catastrophic Oil Spill
The operation has started to tow a Greek-registered oil tanker stranded in the Red Sea after an attack by Houthi militants last month, a shipping source told Reuters on Saturday.Towing the 900-foot (274.2-metre) MV Sounion to safety is the first step in a risky operation to salvage the vessel that caught fire after it was repeatedly attacked on Aug. 21.The second step is the transfer of its cargo of about 1 million barrels of crude oil.
US Navy Awards $6.75 Billion Contract for Eight New John Lewis Class Oilers
The U.S. Navy on Friday announced it has placed a $6.75 billion order with San Diego shipbuilder General Dynamics NASSCO for up to eight John Lewis Class (TAO-205) Fleet Replenishment Oilers. The ships are scheduled for delivery through January 2035.The Navy, which has been looking for ways to reduce costs and increase efficiency across its shipbuilding and repair programs, said it expects the "block…
Video: Crewmember Medevaced from Oil Tanker Off Texas
Am ailing mariner was medevaced from an oil tanker 9 miles off Freeport, Texas, Tuesday, the U.S. Coast Guard said.The agency said its watchstanders at Coast Guard Sector Houston-Galveston received a medevac request at 3:50 p.m. from a crew member aboard the tanker stating a 21-year-old male reportedly sustained injuries. Watchstanders consulted with the duty flight surgeon, who recommended the medevac.The…
