Maritime Industry Top News
Maritime Risk Symposium 2022: The Importance of Inland Systems to the MTS
The 2022 Maritime Risk Symposium (MRS) is scheduled to be held Nov. 15-17, 2022, hosted by Argonne National Laboratory at the Argonne campus in Lemont, Illinois. MRS is an annual international event focused on risks involving the global maritime transportation system (MTS). For the MRS, the U.S. Coast Guard partners with the sponsor, the Transportation Research Board of the National Academies of Science, Engineering, and Medicine, and the hosting agency.
Long Beach Channel Deepening Gets Board Green Light
A critical channel deepening project that will help move cargo more efficiently to and from the U.S. advanced Monday after the Long Beach Harbor Commission concluded an extensive environmental review process and greenlit the endeavor.The work will also allow the port to welcome newer cleaner, and more efficient cargo vessels. The Port of Long Beach and the federal government will share the costs, estimated at almost $170 million.
Hundreds of Seafarers Are Still Stuck in Ukraine
Around 82 ships with 418 seafarers remain stuck around Ukrainian ports despite the opening of a U.N.-backed sea corridor to ship grains with efforts to get the mariners sailing still stuck, shipping industry officials said on Thursday.The agreement reached in July, creating a protected sea transit corridor, was designed to alleviate global food shortages, with Ukraine's customers including some of the world's poorest countries.However…
How AI Will Boost Sustainability at the Port of Tanjung Pelepas
The Malaysian Port of Tanjung Pelepas is taking the next step on its digitalization journey, tackling congestion and boosting sustainability with a port information management system (PMIS) powered by artificial intelligence (AI).The Port of Tanjung Pelepas, the 15th busiest port in the world, will deploy Innovez One’s MarineM solution to optimize tug and pilot operations, minimizing delays in the first and last mile of its logistics chains…
Hapag-Lloyd Buys Stake in Spinelli Group
German container liner-shipping company Hapag-Lloyd on Thursday announced it has acquired a minority stake in Italy-based logistics group Spinelli Group.Hapag-Lloyd said it purchased a 49% stake in the Spinelli Group from existing shareholders, while the Spinelli family will continue to hold the majority stake of 51%.Financial details of the deal were not disclosed.The completion of the transaction is subject to the approval of the responsible antitrust authorities…
Army Corps, Maryland DOT to Commence $4 Billion Chesapeake Bay Restoration Project
The U.S. Army Corps of Engineers (USACE), Baltimore District, and the Maryland Department of Transportation (MDOT) signed a Project Partnership Agreement (PPA) for the $4 billion Mid-Chesapeake Bay ecosystem restoration project at MDOT Headquarters, August 23, 2022.The PPA – signed by Col. Estee Pinchasin, Baltimore District commander, and MDOT Secretary James F. Ports, Jr. – outlines the roles, responsibilities…
Russian Billionaire Sues French Customs for Seizing His Yachts
A Russian billionaire is suing French authorities in an effort to win back access to two of his yachts, arguing customs officials did not have the right to immobilize…
Shoei Kisen Kaisha ink deal for Fleetwide install of NavFleet
NAVTOR secured an agreement with Shoei Kisen Kaisha, Ltd., one of Japan’s largest shipowners and managers, to deliver the NavFleet application across itsfleet of managed vessels. Shoei Kisen, a part of Imabari Shipbuilding, Japan’s largest shipbuilder, will introduce NavFleet to the existing NAVTOR digital ecosystem onboard its bulk carriers and container ships. This integrated system includes the NavStation digital chart table software (with automated Passage Planning)…
BV Sees Surge in Decommissioning Support Orders. Beats Its Full Year Target
Bureau Veritas Solutions Marine & Offshore, the marine and offshore technical advisory branch of Bureau Veritas, saw a surge in the decommissioning support field orders in the first six months of 2022.The company said that new decommissioning support deals in the UK, Brazil, South Africa, Australia, and New Zealand have led to BV Solutions M&O exceeding its full-year target by end-June – a target set…
Shipbuilding: Kangnam Delivers 41-knot Korea Express Ferry
The 72m passenger ferry Korea Pride, designed by Incat Crowther and built by Kangnam Corporation in Busan, South Korea, was delivered to Korea Express Ferry.The ship that will operate from Incheon on the west coast of South Korea, and it is unique in that it is reportedly the first ship of its type to be built in South Korea, which remains the world's shipbuilding powerhouse for large oceangoing ships.From the outset…
MOVE Plans Methanol-fueled RoRo Vessel
New Zealand based MOVE Logistics Group revealed its plans to order a new coastal roll-on, roll-off (RORO) vessel capable of running on methanol fuel.Earlier this year, MOVE secured $10 million in co-investment funds from transport agency Waka Kotahi to support coastal shipping initiatives that improve the competitiveness of domestic coastal shipping, reduce freight sector greenhouse gas emissions and…
World’s First Methanol-powered Newcastlemax Bulker Gets ABS AIP
A design for the world’s first methanol-powered Newcastlemax bulk carrier has received approval in principle (AIP) from classification society ABS.Developed by CSSC Qingdao Beihai Shipbuilding CO., LTD and China Ship Design & Research Center Co., Ltd (CSDC), the dual-fuel, 210,000 dwt vessel is also equipped with the methanol tank capacity to fully meet endurance requirements on methanol fuel alone.“Methanol…
ABS Grants AIP for HHI's New Liquified CO2 Carrier Design
The next generation ultra large liquefied carbon dioxide (LCO2) carrier for Hyundai Heavy Industries Group (HHI) and Hyundai Glovis has received an approval in principle (AIP) at Gastech from ABS and the Republic of the Marshall Islands (RMI) Maritime Administrator.The 74,000 m3 design builds on the 40,000 m3 “super gap” technology developed in 2021 by HHI, Hyundai Glovis, G-Marine Service, and Korea Shipbuilding & Offshore Engineering Co., Ltd.
Biden Administration Reinstates Bids From 2021 Gulf of Mexico Oil Auction
The Biden administration on Wednesday said it had reinstated bids from a November 2021 Gulf of Mexico sale of offshore oil and gas drilling rights, a requirement buried in U.S. President Joe Biden’s new climate change and drug pricing law.The move comes after a federal judge in January vacated the sale’s results, saying the administration had failed to properly account for the auction’s impact on global warming.The Inflation Reduction act…
Baltic Dry Index Rises on Gains Across Vessel Segments
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, extended gains on Wednesday, helped by an uptick across all vessel segments led by a jump in the larger capesize segment.The overall index, which factors in rates for capesize, panamax, and supramax shipping vessels, was up 187 points, or about 13.3%, its largest gain in over seven months, at 1,595.The capesize index gained 486 points, or about 45%, to hit its highest in over a month at 1,565.Av
OXE Marine Boosts Its US Presence
OXE Marine, manufacturer of the OXE Diesel outboard engine, announced it has expanded its global distributor and dealer network with the addition of eight new partners across North and South America.The company said it has signed on distributors and dealers of OXE Diesel: BCI Marine (Canada), ADR Power Systems (FL, GA), So Cal Maritime (CA), Stanley Parts (TX), Dalco Power (Puerto Rico), Nixon Power (TN)…
Delaware Pilots Order New Launch from Gladding-Hearn
Somerset, Mass. shipbuilder Gladding-Hearn Shipbuilding, Duclos Corporation informs it has secured another pilot boat order from the Pilots’ Association of the Bay and River Delaware. The vessel will be the pilots’ association’s fourth Chesapeake Class launch and 11th pilot boat built by Gladding-Hearn since 1957. Delivery of the new pilot boat is scheduled for 2024.With a deep-V hull designed by Ray Hunt Design…
Future USNS Apalachicola (EPF-13) Completes Acceptance Trials
Austal Limited announced that the future USNS Apalachicola (EPF-13) has successfully completed acceptance trials for the U.S. Navy.Constructed at Austal USA’s Mobile, Ala. shipyard, EPF-13 is the first Spearhead-class Expeditionary Fast Transport (EPF) ship with capabilities for V-22 Osprey flight operations and enhanced medical support. It is also the U.S. Navy’s largest ship with the capability to…
German Coalition Divided Over Chinese Bid for Hamburg Port Terminal
Germany's ruling coalition is divided over whether to let China's Cosco take a stake in a Hamburg port terminal, government sources say, even as Beijing urges Berlin not to politicize the bid and the port authority warns this could hurt the economy.Shipping giant Cosco last year made a bid to take a 35% stake in one of three terminals in Germany's largest port in the northern city of Hamburg.The German…
Italy Must Increase LNG Capacity in 2023, Eni CEO Says
Italy must increase its liquefied natural gas (LNG) import capacity from next year, energy group Eni's chief executive said on Wednesday.Italy has already secured additional gas imports from Algeria and Norway to make up for a fall in supplies from Russia, but it needs additional LNG terminals to receive more fuel from several countries, Claudio Descalzi said at a business conference.Descalzi said the state-controlled group…
