Maritime Industry Top News
Maersk to Pause All Container Ship Traffic Through the Red Sea
Danish shipping company A.P. Moller-Maersk will pause all container shipments through the Red Sea until further notice, a spokesperson for the company told Reuters on Friday."Following the near-miss incident involving Maersk Gibraltar yesterday and yet another attack on a container vessel today, we have instructed all Maersk vessels in the area bound to pass through the Bab al-Mandab Strait to pause their journey until further notice…
Yemen's Houthis Attack Two Ships with Missiles
Attacks from Houthi-controlled Yemen struck two Liberian-flagged ships in the Bab al-Mandab Strait on Friday, a U.S. defense official said, underlining the threat to vessels in shipping lanes being targeted by the Iran-aligned group.Danish shipping company A.P. Moller-Maersk said it would pause all container shipments through the Red Sea until further notice. German container line Hapag Lloyd said it was considering a similar move.A projectile…
Steel Cut on Seventh SunStone Infinity Cruise Ship
The steel cutting ceremony for the seventh and final vessel in the Infinity series of expedition cruise ships took place at the Haimen shipyard of China Merchants Heavy Industries (CMHI).The PC6 expedition cruise ship, yet to be named, will embark on a long-term charter upon its delivery, the ship is technically identical to the rest of the Infinity vessels.The Infinity-class newbuilds, featuring up to 95 passenger cabins…
MOL First Shipping Company to Issue 'Blue Bonds'
Mitsui O.S.K. Lines, Ltd. has decided to issue “blue bonds” through a public offering in Japan’s domestic market in January 2024, reportedly the world’s first blue bonds in the shipping industry, which refer to the guidance provided by the International Capital Markets Association (ICMA) and other organizations.The Blue Bond Framework developed for the issuance of the bonds will ensure that all uses of the bonds’ proceeds will contribute to a sustainable blue economy…
The Problem with Reducing Underwater Radiated Noise
If the global commercial fleet reduced its speed by 10%, it would reduce underwater radiated noise by 40%, but nothing’s ever that simple.The main thing holding the shipping industry back from reducing its underwater radiated noise (URN) is not a lack of appropriate technology. It’s argued that many of the technologies being implemented today to reduce fuel consumption also reduce noise. So, the noise reductions could essentially come at no net cost to the shipowner…
Achieving Digital Transformation in the Marine Industry
Like so many other industries in transportation, the marine industry is being challenged on multiple fronts—from a shortage of manpower and emerging digital technologies to sustainability requirements. In the face of these growing pressures, ship designers increasingly rely on digital transformation to stay competitive and deliver higher-quality products. Digital transformation offers many solutions across a ship’s lifecycle…
Congestion Plagues Brazilian Ports
Brazil is the world’s largest grain exporter, accounting for 24% of the world’s exports in 2022, and congestion has surged this year due to large harvests and low water levels in the Amazon River.“Congestion for ships loading grain cargoes at Brazilian ports has surged this year due to large harvests and low water levels in the Amazon River. Between January and November, the average waiting time reached 15 days…
Environmental Assessment Begins for Julimar Phase 3 Drilling and Subsea Installation
Australian regulator NOPSEMA has begun assessment of Woodside Energy’s environment plans for Julimar Development Phase 3 Drilling and Subsea Installation.The Julimar field is located in Western Australian waters about 170km north-west of Dampier.Woodside’s Phase 3 development will involve drilling up to four wells in the Julimar field and one well in the Penfolds prospect, along with the associated subsea installation.
Bid Round Raises Optimism in Brazil's Deep Water Industry
On December 13, 193 blocks were auctioned in Brazil’s oil and gas licensing round, signaling strong optimism for the industry, according to Wood Mackenzie.Highlights from these bid rounds included:• The total amount in bonuses was US$85 million• 44 blocks were acquired in the Pelotas Basin, a frontier area. Petrobras will operate 29 and Chevron 15• All Basins managed to attract bids, even Parana Basin• A single Brazilian operator…
Aker Capital Takes Larger Stake in Solstad Offshore
Aker Capital AS has acquired 8,240,000 shares in Solstad Offshore ASA, at an average price of NOK 48.45 per share.Following the transaction, Aker Capital holds 27,089,493 shares in the company, corresponding to an ownership interest of approximately 32.9%.Aker Capital AS is 100% owned by Aker ASA and represented on the board of the company by Frank Ove Reite. Frank Ove Reite also owns 356,509 shares in the company…
Maersk Denies Houthi Claim Container Ship Hit by Yemeni Militia
Danish shipping company Maersk on Friday denied a claim by Yemen's Iran-aligned Houthi movement that the militia carried out a drone strike on a Maersk vessel sailing towards Israel.The Houthis earlier claimed it carried out a military operation against a Maersk container vessel, directly hitting it with a drone. The Houthis, who made the claim in a statement, did not release any evidence.Maersk on Thursday said ship Maersk Gibraltar was targeted by a missile while travelling from Salalah…
New Autonomous Zero-emission Containership Design Unveiled
A new design for an autonomous zero-emission short sea containership has been unveiled by Belgium based ZULU Associates.The 200 TEU vessel, featuring an auxiliary wind assistance system, is a larger seagoing development of an inland waterways 90 TEU X-Barge, currently under final construction design.The latest design is produced by Dutch ship naval architects Conoship International, said Zulu Associates…
InterManager Urges Stronger Safety Focus Amid Surge in Enclosed Space Deaths
Shipmanagement trade group InterManager is urging the shipping industry to increase its focus on safety amid a recent surge in deaths in enclosed spaces on ships.Three seafarers and five shore workers died over the past week in accidents in enclosed spaces, bringing this year’s known deaths to a total of 31, according to InterManager.The trade association keeps records of these incidents on behalf of the wider shipping community…
Crowley to Pilot Carbon Ridge's Onboard Carbon Capture Technology
Crowley announced it will pilot carbon capture technology on board one of its containerships under the U.S. Maritime Administration (MARAD) Maritime Environmental and Technical Assistance (META) program.The Jacksonville, Fla. based shipping company said it has reached an agreement with Sana Monica, Calif. based Carbon Ridge and MARAD to operate, measure and optimize the technology’s effectiveness in actual maritime environments at port and ultimately at sea.
Getting Started with Propane: Port-Side Refueling & Storage
Emissions regulations continue to become more stringent for ports, pushing more port authorities and terminal operators away from diesel and gasoline and toward alternative energy sources like propane. Capable of powering essential port applications like yard tractors, forklifts, and other cargo handling equipment (CHE), propane is available now to support ports in achieving emissions reduction goals.The…
Bulk Carrier Reportedly Boarded in Eastern Indian Ocean off Yemen
A Malta-flagged, Bulgarian-owned bulk carrier was reportedly boarded on Thursday after being involved in an incident in the eastern Indian Ocean off Yemen's Socotra Island, British maritime security company Ambrey said in an advisory note.An Iranian-flagged fishing vessel in the area had switched off its AIS transponder six hours before the incident close to where the bulk carrier appeared to come adrift, Ambrey said."The Iran-flagged fishing vessel had previously been operating offshore Somalia
Upper Miss Navigation Season Draws to a Close
The 2023 navigation season has drawn to a close on the Upper Mississippi River.A 15-barge tow pushed by the towboat Thomas Erickson, the last of the season, departed Lock and Dam 10, near Guttenberg, Iowa, December 3, the U.S. Army Corps of Engineers, St. Paul District said.The 2023 season commence March 12, when the towboat Phillip M Pfeffer broke its way through the ice of Lake Pepin to travel to St. Paul, Minnesota.With the 2023 navigation season in the rearview, St.
Maersk Says Containership En Route to Saudi Arabia was Targeted by Missile
Danish shipping company A.P. Moller-Maersk said on Thursday its container ship Maersk Gibraltar was targeted by a missile while traveling from Salalah, Oman, to Jeddah, Saudi Arabia and that the crew and vessel were reported safe.It was not immediately clear if the missile had struck the vessel or not."At this time, we are still working to establish the facts of the incident," Maersk said in a statement.The…
Progress Reported in Ammonia Tugboat Retrofit Project
A first-of-its-kind project to convert a 1950s tugboat to run on ammonia-to-power technology is moving forward, with several key milestones recently achieved, involved technology partners report.The Amogy-led retrofit project involves a comprehensive overhaul of the tugboat's original diesel generators and electric motors, integrating the Brooklyn startup's 1-megawatt ammonia-to-power system.Once installed…
Erma First's Blue Connect Get Class AIP
Bureau Veritas (BV) granted an Approval in Principle to Greek company ERMA FIRST for its Blue Connect system, a high voltage alternative maritime power solution that can be housed in a 40ft container. ERMA FIRST’s system, which can be housed in a container or provided in a stand-alone configuration, enables most ships to connect with different shore power systems based on their required power. BLUE…
