Maritime Industry Top News
Ship Recycling: Prices Continue to Fall
Prices continue to struggle across the major ship recycling markets, reports cash buyer GMS.Bangladesh further declined after depreciating currencies and sustained credit struggles, while Turkey suffered similarly with declining steel plate prices, the Lira, and its vessel prices.The supply of tonnage seems to have increased slightly over the last couple of weeks, particularly from the Chinese market.
NYK Takes Delivery of Fifth LNG-Fueled Car Carrier
On July 24, Freesia Leader, the fifth LNG-fueled pure car and truck carrier (PCTC) operated by NYK, arrived at the port of Nagoya for a commemorative delivery ceremony.After arriving at the Port of Nagoya, the vessel received LNG fuel from Kaguya, an LNG-bunkering ship operated by Central LNG Marine Fuel Japan Corporation, a joint venture owned by NYK and other companies.The 200-meter, 71,846GT Freesia Leader can carry 7ā¦
IBIA and Green Marine to Deliver Methanol Bunkering Training
The International Bunker Industry Association (IBIA) and methanol consulting firm Green Marine have signed a cooperation agreement to develop a methanol bunkering training program, with support from the Methanol Institute.The cooperation agreement aims to ensure bunker tanker crews and bunker surveyors are competent and ready for methanol bunkering on a larger scale. The plan is to commence the trainingā¦
EU Funds Fuel Cell Ferry Project
TECO 2030 and 14 consortium partners are to receive Horizon Europe funding to build and demonstrate a passenger ferry powered by TECO 2030 PEM fuel cells.The grant amount reserved for TECO 2030 is EUR 2.3 million ($2.5 million), and the consortium members come from seven European countries and cover the whole innovation value chain, including technology developers, academic institutions, maritime engineeringā¦
HII Awarded Contract for Aircraft Carrier Maintenance
HII announced Monday that its Newport News Shipbuilding (NNS) division has been awarded a contract from the U.S. Navy to support maintenance of nuclear-powered aircraft carriers in San Diego. The indefinite delivery, indefinite quantity (IDIQ), cost-plus incentive and award contract has a potential value of $528.4 million over five years, if all options are exercised.The contract covers maintenance, repair and modernization efforts for Nimitz- and Gerald R.
OSG Pledges $90,000 for Women at SUNY Maritime College
U.S.-based shipping company Overseas Shipholding Group (OSG) announced its support for women at SUNY Maritime College with a three-year pledge totaling nearly $90,000, in an effort to make strides in reducing the gender gap in the maritime industry and create equal opportunities for all. The funding will go towards scholarships for women and a student government organization at the college, Women of Maritimeā¦
Russia Says Traces of Explosives Found on Foreign Grain Ship
Russia's Federal Security Service (FSB) said on Monday that it had found traces of explosives on a ship travelling from Turkey to the port of Rostov-on-Don in Russia to pick up grain.The FSB said the ship had been docked in the Ukrainian port of Kiliia in May, and that it may have been used to deliver explosives to Ukraine.It said the ship had changed its name while in the Turkish port of Tuzla earlier this month and replaced its crewā¦
Biden Nominates Admiral Lisa Franchetti to be First Woman to Lead US Navy
President Joe Biden on Friday nominated Admiral Lisa Franchetti to lead the Navy, an historic step that would break a gender barrier in the U.S. military by making her the first woman to command the service and to become a member of the Joint Chiefs of Staff.The decision by Biden is a surprise. Pentagon officials had widely expected the nomination to go to Admiral Samuel Paparo, who leads the Navy in the Pacific and who has experience grappling with the growing challenge from China.Stillā¦
ABS Study Explores Potential of Commercial Nuclear Propulsion
New research explores how nuclear propulsion could transform the design, operation and emissions output of vessels in the commercial maritime industry.Classification society ABS said it commissioned Herbert Engineering Corp. (HEC) to carry out the study to examine the potential of advanced modern reactor technology for commercial marine propulsion. The study is designed to help industry better understandā¦
Tanker Aids Ailing Boater Off Louisiana
An oil/chemicals tanker came to the rescue of an ailing boater some 55 miles south of Lake Charles, La., on Friday.A man aboard a 22-foot pleasure craft put in a call for help to the U.S. Coast Guard via VHF-FM channel 16 at 3:03 p.m. stating that his wife was displaying symptoms of a heat stroke.The nearby vessel Stolt Perseverance responded to an urgent marine information broadcast issued by Coast Guard watchstanders at Sector Houston-Galveston.
Great Lakes Gets Green Light for Brownsville Channel Dredging
Dredging contractor Great Lakes Dredge & Dock Corporation announced it has received a notice to proceed to perform essential improvements to the Brownsville Ship Channel for NextDecade Corporationās Rio Grande LNG project.The company said it expects to start work for the project later this year, including deepening the entrance channel to the western end of the Rio Grande LNG property also known as Phase 1 of the Brazos Island Harbor Channel Improvements.
Meyer Werft Floats Out Carnival Jubilee
German shipbuilder Meyer Werft has floated out its latest newbuild, a 183,200 GT cruise ship for Carnival Cruise Line.Carnival Jubilee left the yard's covered building dock on Friday and was moored at a pier in the shipyard harbor for outfitting. On Saturday, the ship briefly cast off from the pier for its bow thrusters and stabilizers could be tested.The RINA-classed ship is 344.5 meters long, with capacity for 5,228 passengers in 2,626 passenger cabins, plus 1,551 crew.
Russia Attacks Danube Grain Export Route
Russia destroyed Ukrainian grain warehouses on the Danube River in a drone attack on Monday, targeting a vital export route for Kyiv in an expanding air campaign that Moscow began last week after quitting the Black Sea grain deal.Last week's attacks mostly struck the sea ports of Odesa but Monday's pre-dawn strikes hit infrastructure along the Danube, an export route whose importance has grown sinceā¦
Worker Dies Aboard Vessel at Aberdeen's South Harbor
A worker has died as a result of injuries suffered on board a vessel docked at Aberdeen's south harbor.The Port of Aberdeen and local authorities said the worker died on scene following an onboard incident at Dunnottar Quay on Saturday."Around 3:40 p.m. on Saturday, July 22, 2023, police were called to Dunnottar Quay, Aberdeen South Harbor, in Aberdeen after a report that a man had been seriously injured whilst working on a ship docked at the site," a Police Scotland spokesperson said.
US Commissions First Navy Warship in Foreign Port
The United States commissioned a warship in Sydney, Australia, on Saturday, the first time a U.S. Navy vessel joined active service at a foreign port, as the two close allies step up their military ties in response to China's expanding regional reach.The Independence-class littoral combat ship USS Canberra (LCS-30)ānamed after a Royal Australian Navy cruiser that was sunk while supporting the U.S.
Singapore-based Cyan Renewables Acquires First Offshore Wind Vessel
Singapore-based offshore wind vessel firm Cyan Renewables said Friday it had acquired its first vessel from DEME Offshore NL - the Service Operation Vessel (SOV) Groenewindā¦
Amsterdam Moves to Ban Cruise Ships
Amsterdam took a first step toward banning large cruise liners under broader plans to reduce mass tourism and pollution, officials said on Friday.Once implemented, the measures adopted by the city council would bring the Dutch capital into line with other high-profile European cities, including Barcelona, Dubrovnik and Venice, that have already cut cruise liner numbers or are considering doing so.The council approved the proposed ban on Thursday. "The motivation ...
Birdon Delivers Ninth and Tenth 47ā² MLBs to the US Coast Guard
Last month, Birdon delivered the ninth and tenth boats for its 47ā Motor Lifeboat (MLB) Service Life Extension Program (SLEP) with the U.S. Coast Guard (USCG). Since the contract award in 2019, Birdon has established full-rate production facilities on both the East and West coasts to facilitate the delivery process. Birdon said it remains on schedule to complete work for up to 117 47ā MLBs by 2029.On June 9, Birdon delivered the ninth boat for the Coast Guardās 47ā MLB SLEP.
Black Sea Shipping Traffic Slowing after Russia, Ukraine Warnings
The number of ships looking to pick up grain cargoes from the Black Sea area has fallen 35% this week versus the previous week with growing uncertainty over whether commercial traffic could be hit as Russia continues to pound food facilities in Ukraine.Moscow's direct attacks on Ukraine's grain for four days running followed a vow by Kyiv to defy Russia's naval blockade on its export ports following Moscow's withdrawal earlier this week from a UN-brokered safe sea corridor agreement.
Baltic Index Logs 10% Weekly Drop as Demand for Larger Vessel Wilts Away
The Baltic Exchange's main sea freight index closed the trading week at a 10% decline, pressured by lower demand in the larger vessel segments.The overall index that factors in rates for capesize, panamax, and supramax shipping vessels carrying dry bulk commodities, however, edged up by 1 point to 978 on Friday.The capesize index gained 21 points, or about 1.5%, to 1,442, but has fallen nearly 13% this week.Average daily earnings for capesizesā¦
