Maritime Industry Top News
Volvo Penta Expands Remanufacturing Offer
Volvo Penta announced it has expanded its range of remanufactured drivelines for marine customers, including D13, D8, D4 and D6 engines as well as the entire Inboard Performance System (IPS) range. The D13 and D8 have been available to the market since the first half of 2024, while the D4 and D6 will follow in fall 2024. The remanufacturing process of complete marine engines reuses up to 60% of components…
Sanmar Delivers Escort Tug
Sanmar delivered a tug designed for escort, ship-handling, and towage work to Italy-based operator Rimorchiatori Laziali as part of its on-going expansion outside the Mediterranean.Known as KOCAÇAY IX while under construction in Turkiye, the tug has been renamed Pellegron by its new owners and will operate in the Arabian Gulf.Based on the exclusive-to-Sanmar RAstar 3200SX design from Canadian naval architects Robert Allan Ltd.…
Fratelli Cosulich Orders Pair of Chemical Bunkering Tankers
Fratelli Cosulich Group placed an order for two 7,999 dwt IMO2 chemical bunkering tankers at Taizhou Maple Leaf Shipbuilding Co., Ltd., with options to build two…
Bollinger Names Hinkebein Director of Government Affairs
Bollinger Shipyards announced that Andrew Hinkebein has been named Director of Government Affairs and will lead all state and local government relations efforts. Hinkebein will join the Government & External Affairs division of Bollinger Shipyards under EVP Geoffrey Green, where he will collaborate with community and economic development partners to continue driving the company’s growth and success across the Gulf Coast.The announcement was made by Ben Bordelon…
Texas Energy Industry Assesses Damage After Hurricane Beryl Batters Gulf Coast
The Texas energy industry was evaluating the impact from Hurricane Beryl on Monday after the powerful storm lashed the U.S. Gulf Coast, closing key shipping ports and hitting the oil refining and production sectors.Beryl made landfall near the coastal town of Matagorda, Texas, on Monday morning, packing maximum sustained winds of 80 miles per hour (129 kilometers an hour) and posing problems for the…
Petrobras' Transpetro Launches Process to Commission Four Vessels
Brazilian logistics firm Transpetro, a subsidiary of state-run oil firm Petrobras, has launched a procurement notice to commission four new coastal vessels, Transpetro's chief executive announced on Monday.The four vessels would be of the 'handy' class with a capacity of 15,000 to 18,000 deadweight tonnage, Transpetro CEO Sergio Bacci said at an event on Monday in Rio de Janeiro.Brazilian President Luiz Inacio Lula da Silva is pushing Petrobras to help strengthen the country's naval industry, wh
Canada's West Coast Port Strike Averted After Board Order
A strike planned for Monday by ship and dock foremen at west Canadian ports has been called off after the country's industrial relations board found the union's strike notice was in violation of the labor code, the board said in an order."The Board directs the union to rescind its strike notice," Canada Industrial Relations Board (CIRB) said in the order, adding that the strike violated the Canada Labour Code.It said that the union - International Longshore and Warehouse Union Ship and Dock Fore
Gladding-Hearn Delivers Refitted Ferry to Bermuda
The Government of Bermuda’s Marine and Port Services has taken delivery of the 700-passenger ferry Bermudian after a major refit at Gladding-Hearn Shipbuilding. Engineering and project management were jointly handled by the Somerset, Mass. shipyard and Propulsion Data Services, and class oversight by Lloyd’s Register.Among the myriad items to be removed, repaired or replaced, the hull received repairs as required by class and repainted…
US Adds Six Companies to Trade Restriction List
The United States added six companies to its trade restriction list on Tuesday, including four for their links to the training of China's military forces, according to a government posting.Two of the companies are in China, one in South Africa, two in the United Arab Emirates and one in Britain.Global Training Solutions Limited and Smartech Future Limited, both in China, as well as Grace Air (Pty) Ltd and Livingston Aerospace Limited of the United Kingdom…
Gernot Ruppelt to Take Over as Ardmore Shipping CEO
Product and chemical tanker shipping company Ardmore Shipping Corporation on Monday announced that its current senior vice president and chief commercial officer Gernot Ruppelt will succeed company founder Anthony Gurnee as CEO.Gurnee will retire on September 16, 2024, at which point Ruppelt will step into the CEO position and current CFO Bart Kelleher will take on the additional role of president.
Contracts Awarded for Poland's First Offshore Wind Farm
SeaRenergy Group was awarded a Marine Coordination Services contract by Baltic Power for the construction phase of the Baltic Power offshore wind farm.The services will be kicked off with the preparatory phase in summer, with operations starting in the last quarter of 2024.SeaRenergy’s comprehensive Marine Coordination Service involves ship registration, personnel registration and check-in, inspection…
Eastern to Build New Tugs for Saltchuk
Eastern Shipbuilding Group (ESG) on Monday announced it has been awarded a contract to construct four new escort tugs for Saltchuk Marine's Foss Maritime. The vessels will be built at ESG’s Allanton and Port St. Joe facilities, in Florida, with delivery expected in 2026.The order marks the beginning of Saltchuk Marine’s long-term fleet renewal project, with the new tugs set to support West Coast port…
China Says Philippine Warships 'Damaged' Reef at Atoll in South China Sea
China said on Monday "illegal" beaching of Philippine warships at the Nansha islands in the South China Sea had "gravely damaged" the coral reef ecosystem in the area, as both countries tussle over disputed territory at atolls in the vast waterway.China's Ministry of Natural Resources, in a comprehensive report, said Philippine warships have been "illegally beached" around Second Thomas Shoal near Nansha Islands for a long time…
Freire Shipyard Launches Briggs Marine Vessel
On July 5, 2024, Briggs Marine's new Maintenance Support Vessel was launched in Vigo at Freire Shipyard.The vessel was designed by Cintranaval and Freire’s design department, configured to support Briggs’ ongoing contracts with the UK Government, offshore wind farms and commercial ports. The vessel will primarily undertake inspection, servicing, and replacement of Aids to Navigation (AtoN) and heavy…
Solar, Wind Uptake to Reach 5.4 TWac from 2024 to 2033, Says Wood Mackenzie
Global solar deployment to add 3.8 TWac of new project capacity by 2033 compared to 1.6 TW of wind power, while 640% growth is forecast for energy storageFrom 2024 to 2033, developers will bring more than 5.4 terawatts (TWac) of new solar and wind capacity online, increasing the cumulative global total to 8 TWac, as the world endeavours to electrify economies and meet decarbonisation targets, according…
Two Russian Warships Sent on Training Mission to Asia-Pacific Waters, Interfax Reports
Two corvettes of the Russian navy's Pacific Fleet left the port of Vladivostok in Russia's Far East to carry out training missions in the Asia-Pacific region, the Interfax news agency cited the fleet's press service as saying on Monday."When leaving the main base of the fleet, the crews of the ships practiced emergency preparations for battle and sailing, and when passing through a narrow area, they conducted training in repelling a UAV (unmanned aerial vehicle) raid of a mock enemy," the agency
Petronas Adds Three New LNG Vessels Ahead of LNG Canada Start-Up
Malaysian state energy firm Petroliam Nasional Berhad (Petronas) on Monday said it would add three energy-efficient LNG vessels to its North American operations.The addition of the vessels, which brings the total number in Petronas' fleet in North America to six, comes ahead of the start-up of LNG Canada's gas-export facility due later this year, the company said in a statement.Petronas has a 25% stake in the LNG Canada plant in Kitimat…
GMS: Ship Recycling Activity Minimal
It has been another tentative time in the global ship recycling markets as overall this week, reports cash buyer GMS, as sale and purchase activity and local arrivals / deliveries reported minimal movements at the various waterfronts.Indian sub-continent ship recyclers are approaching the monsoon season with a ‘wait-&-watch’ mindset prior to committing afresh on tonnage, especially since virtually…
MODU Market Shrugs Off Contract Suspensions
The Middle East Gulf offshore market continues to exhibit strong growth in contract awards, even as it adjusts to the decision by Saudi NOC Aramco to suspend contracts for over 20 jack-up rigs.The Gulf region continues to contribute strongly to contract volumes in 2024. MSI tracked circa $50bn of contract awards during the first half of 2024, a rate which if continued will see 2024 capex spend outstrip levels seen in 2022 and 2023.
Esgian Week 27 Report: A Lull in Contracting
Esgian provides an update on the current lull in contracting in its Week 27 Rig Analytics Market Roundup.Report SummaryContractsAban Offshore-owned 250-ft jackup Aban II has received a letter of award (LOA) from Oil India for an offshore work program in Andhra Pradesh, India.Shelf Drilling North Sea has secured a new 17-month contract for the 400-ft Shelf Drilling Winner (previously known as Noble…
