Maritime Industry Top News
Pacific Basin Chooses Graphene-Based Propeller Coating
Dry bulk shipping company Pacific Basin has decided to apply a sustainable graphene-based propeller coating XGIT-PROP, developed by Canadian company GIT Coatings, across its entire fleet.Following successful application and observing positive results on one of its Supramax dry bulk vessels, Pacific Basin has started the rollout of XGIT-PROP across 40 vessels scheduled for dry dock maintenance in 2024.
UKMTO Reports Suspicious Encounter off Yemen
The United Kingdom Maritime Trade Operations (UKMTO) agency said on Monday it received a report of an incident 150 nautical miles northwest of Yemen's Hodeidah."The Master of the vessel reported that they were hailed by an entity claiming to be Yemini Navy who requested the vessel turn on its automatic identification system," an advisory note said."Shortly after the hailing, a crew member of the vessel reported that they heard suspected gun shots," the advisory note added.Months of Red Sea attac
Austal Rejects Hanwha's $662 Million Offer
Australian shipbuilder Austal said on Tuesday it had rejected an A$1.02 billion ($662 million) takeover offer from South Korea's Hanwha Ocean as it was unlikely to be approved by Australian and U.S. regulators due to the sensitivity of its operations.The Western Australia-based firm said it had received a bid at A$2.825 per share, representing a premium of 28.4% to Austal's last closing price.Austal's shares rose 8.2% in early trade…
Trapped Vessels Start to Move Out of Baltimore Following Bridge Disaster
The U.S. state of Maryland has opened a temporary channel on the northbound side of the collapsed Baltimore bridge, allowing limited tug and barge traffic around the container ship stuck at the disaster site, Governor Wes Moore said on Monday."It will help us to get more vessels in the water around the site of the collapse," Moore told a news conference.The Port of Baltimore's shipping channel has…
Chance Maritime Technologies' MC-29 USV Completes Long-endurance Testing
U.S.-based Chance Maritime Technologies, a startup and service provider of uncrewed vessel technology, reports it has completed long-endurance commissioning trials of its MC-29: a 29-foot-long, mission-capable USV that operates at high power with long endurance. The vehicle completed over 40 total operational days, which included 24 operational days of 24-hour operation in Vermilion Bay and the Gulf…
Caterpillar to Power NOMARS Uncrewed Vessel
Caterpillar Marine announced it is working with Serco Inc., a provider of professional, technology, engineering and management services, to advance the use of autonomous vessels for naval applications. The initiative supports the Defense Advanced Research Projects Agency’s No Manning Required Ship (NOMARS) project.Autonomous unmanned vessels represent an opportunity to protect crews from the inhospitable, dangerous environment encountered at sea.
Season's First 'Saltie' Calls Port of Duluth-Superior
The first "saltie" of the 2024 Great Lakes shipping season entered the Port of Duluth-Superior on Monday,Oceangoing vessels that visit the Great Lakes are called "salties".This year, the first to call the Port of Duluth-Superior is the Portuguese-flagged Barbro G, a 623-foot bulk carrier operated by Sweden’s Brochart KB, which completed the season’s first full transit of the St. Lawrence Seaway en route to the Great Lakes’ westernmost port.By tradition…
America’s Watershed Initiative: Sustaining a Critical Waterway
Kimberly Lutz and America’s Watershed Initiative (AWI) are making every effort to sustain the Mississippi River for generations to come.The Mississippi River is one of the world’s largest river systems and is arguably America’s most critical waterway. Flowing over 2,350 miles, spanning, at points, up to eleven miles, and discharging approximately 593,003 cubic feet of water per second into the Gulf of Mexico…
Gazprom Uses Replacement Vessel to Maintain Gas Loadings
Russia's Gazprom is using a replacement vessel for ship-to-ship loadings (STS) of liquefied natural gas from its Portovaya LNG plant on the Baltic Sea while another ship is repaired, LSEG data showed on Monday.The floating storage and regasification unit (FSRU) Marshal Vasilevskiy is designed to supply Russia's Kaliningrad exclave, between Lithuania and Poland, and ensure its gas security in case of disruption to pipeline supplies from neighboring countries.According to LSEG data, the FSRU Marsh
IMRF Assesses Climate Change Impact on Maritime SAR Operations
The International Maritime Rescue Federation (IMRF) released its #FutureSAR Report as part of the organization's ongoing campaign to raise awareness of the impacts and effects of climate change on global maritime search and rescue (SAR) operations.The report marks the completion of the first phase of the IMRF #FutureSAR initiative, which is funded and supported by Lloyd’s Register Foundation. The initiative's…
Cruise Ship Crashes Into Wall on Danube in Austria
Seventeen people were injured when a Bulgarian cruise ship crashed into a concrete wall in a sluice on the River Danube in the northern Austrian town of Aschach an der Donau, local police said on Saturday.Some 160 passengers were aboard the ship traveling from Bavaria in Germany to the Austrian city of Linz, a spokesperson for police in the nearby town of Eferding said.Eleven of the injured were taken to hospital and the ship was able to continue onwards after the accident, the spokesperson said
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…
Second Shipment of Food for Gaza Leaves Cyprus
Ships carrying 332 tons of food for Gaza left Cyprus's Larnaca port on Saturday in a convoy which will reach the besieged enclave early next week, authorities said.It is the second shipment this month after Israel eased a 17-year naval blockade on the Gaza Strip to allow aid in from Cyprus, sourced by U.S. charity World Central Kitchen (WCK) for starving Palestinians.The aid will be taken to Gaza on a cargo ship and a barge towed by a salvage vessel…
Russian Oil Arrives in Cuba After Year-Long Hiatus
Cuban state-run media said at the weekend that 90,000 metric tons of Russian oil had arrived in the cash and fuel-short country to help alleviate power outages and gasoline shortages.In 2022, Russia resumed some oil shipments to the Communist-run Caribbean island after they ceased with the collapse of the Soviet Union.However, according to shipping data no Russian oil left the country for Cuba last…
QatarEnergy to Charter 19 New LNG Carriers
QatarEnergy CEO Saad Al Kaabi announced on Sunday that the company has finalised a number of charter contracts with several Asian ship owners to bolster its shipping fleet by 19 LNG vessels ahead of a massive expansion in LNG output.In a ceremony at its Doha headquarters state-owned QatarEnergy signed contracts to charter six vessels from CMES LNG Carrier Investment, six vessels from Shandong Marine Energy and three vessels from MISC Berhad.
Esgian Week 13 Report: Demand Shifts
Esgian reports shifts in demand in its Week 13 Rig Analytics Market Roundup.Report overview:ContractsADES has received a Letter of Intent (LOI) from PTTEP Energy Development Company Limited for an 18-month jackup drilling contract in the Gulf of Thailand. Operations are expected to begin in the second half of 2024, with an unspecified jackup.Drilling Activity and DiscoveriesThe Norwegian Offshore Directorate…
Australia Working to Reassure Indonesia Over Cattle Deaths
Australia’s Department of Agriculture (DAFF) has stated that testing has returned negative results for Lumpy Skin Disease and Foot and Mouth Disease, after over 150 cattle died on a voyage to Indonesia on Vroon’s Brahman Express.Australia has received confirmation from the Indonesian authorities that the export of live cattle from a particular registered establishment in the Northern Territory has…
Ship Recycling Markets Slightly Busier
The week concluded surprisingly for sub-continent ship recycling nations which were busier (from an LDT perspective) than recent weeks, reports cash buyer GMS.“This left local recyclers scrambling to get their respective shares of the odd unit in, and that too at ever-competitive rates. As such, the dearth of vessels currently available for a recycling sale will certainly ensure that any mis-directed dreams of discounted deals at this juncture of the year, are likely to remain just that…i.e.
Salvage Crews Work to Lift First Piece of Collapsed Baltimore Bridge
Salvage crews worked to lift the first piece of Baltimore's collapsed Francis Scott Key Bridge from the water on Saturday to allow barges and tugboats to access the disaster site, Maryland and U.S. officials said, the first step in a complex effort to reopen the city's blocked port.The steel truss bridge collapsed early on Tuesday morning, killing six road workers, when a massive container ship lost power and crashed into a support pylon.
ABS Embarks Project to Advance Offshore Electrical Power Bunkering
American Bureau Of Shipping (ABS) has joined the BlueBARGE project, a program funded by the Horizon Europe program and involving 14 partners from 10 European countries to develop a comprehensive solution for offshore electrical power bunkering.ABS is leading the 36-month, $11.9 million (€11 million) project and will support the consortium in safety, classification and regulatory compliance.To limit local pollution and greenhouse gas emissions…
