DP World to Build $1.1B Deep-water Port in Senegal
Global port operator DP World has signed agreements with the government of Senegal to develop a deep-water port at Ndayane worth a total of $1.127 billion, its biggest investment in Africa to date, the company said on Wednesday.DP World Dakar, a joint venture between the Dubai-based logistics provider and the Port Authority of Dakar (PAD), will finance, design and develop land and maritime infrastructure for the new 600-hectare (1483 acres) port about 50 km from the existing port.The agreement t
Hapag-Lloyd Orders Six Ultra-large Container Vessels
German container liner Hapag-Lloyd has ordered six ultra-large container vessels from the Korean shipbuilder Daewoo Shipbuilding & Marine Engineering.DSME will build the 23,500+ TEU vessels and deliver them to Hapag-Lloyd between April and December 2023. The shipowner said Wednesday the investment would be around $1 billion and that the respective financing had already been secured.The vessels will be fitted with a fuel-efficient high-pressure dual-fuel engine…
Huisman Crane for First Jones Act Wind Turbine Installation Vessel
Dutch offshore equipment provider Huisman has signed a contract with Keppel AmFELS for the delivery of a Leg Encircling Crane (LEC) for what will be the first Jones Act-compliant wind turbine installation vessel - Dominion Energy’s Charybdis.As reported recently, Dominion Energy contracted with Keppel AmFELS, a U.S. subsidiary of Singapore's Keppel for the engineering, procurement, and construction of the vessel, which is designed by NOV business unit GustoMSC.
European Commission to Co-Finance Port of Algeciras LNG-Bunkering Vessel
The European Commission will co-finance the construction of the first vessel to be fully dedicated to liquefied natural gas (LNG) bunkering at the Port of Algeciras, Spain.The grant agreement was signed with Enagás and the Port Authority of Algeciras Bay on Tuesday.Enagás said the project is "boosted" by the Enagás start-up that specializes in small-scale LNG supply infrastructure, Scale Gas, and the Port Authority of Algeciras Bay (APBA).The initiative…
SBM Offshore, Shell Extend Brazil FPSO Term. SBM in Talks with Exxon Over Guyana Extensions
Oil giant Shell has extended the contract for the lease of SBM Offshore's Espirito Santo FPSO in Brazil. SBM Offshore is also in talks with ExxonMobil to extend the FPSO terms in Guyana.The Dutch FPSO operator said Wednesday that the lease and operation contracts with Shell of the FPSO Espirito Santo would be extended for five years.This means that the end of the contractual lease and operation period…
Nord Stream 2 to Start Laying Gas Pipes in Danish Waters
The Russia-led Nord Stream 2 consortium is expected to start laying gas pipes in Danish waters after construction was suspended for a year owing to the threat of sanctions from the United States…
Carnival's New Cruise Ship Bunkers LNG in Rotterdam
Carnival Cruise Line’s new cruise ship Mardi Gras made its first port call Tuesday in Rotterdam, The Netherlands, where the ship will refuel its liquefied natural gas (LNG) propulsion system for the first time after delivery.Mardi Gras, set to begin sailing from Port Canaveral, Fla., next year, will be the first cruise ship in the Americas to be powered by LNG.In its liquefied state, LNG is odorless, colorless, more environmentally friendly and less expensive than other fuels.
WRDA 2020: A Historic Win for Inland Waterways -WCI
On December 21, as part of an Omnibus Appropriations and COVID-19 relief funding package, the U.S. House of Representatives passed (359 yeas to 53 nays), and later the U.S. Senate passed (92 to 6) the Water Resources Development Act (WRDA) of 2020. Waterways Council, Inc. (WCI) called it a historic win for the inland waterways.The package included WCI’s top priority to adjust the cost-share for construction…
Company in Focus: ShipMoney Helps to Enable Efficient Seafarer Pay
Stuart Ostrow developed ShipMoney as a means to make the process of paying crew more efficient and cost-effective for both vessel owner/operators and the crew. Little did he realize then that his company would be instrumental in helping seafarers during their greatest time of crisis.Stuart, to start, how did you come create ShipMoney and get into a career in the maritime business?I'm the definition of an accidental salesman.
Congress Funds Training Ship for Texas A&M
Congress on Monday approved $390 million to fund construction of a fourth National Security Multi-Mission Vessel (NSMV). The state-of-the-art ship will be assigned to the Texas A&M Maritime Academy at Texas A&M University at Galveston, serving as a training platform for future merchant mariners and offer a critical disaster resource in the Gulf Coast.Scheduled for delivery in 2025, the new NSMV for…
Halter Marine, Gibbs & Cox Partner on US Navy's Large Unmanned Surface Vessel
Shipbuilder Halter Marine is teaming with naval architecture firm Gibbs & Cox, Inc., on the U.S. Navy’s contract to perform design studies for the development of…
IMO Condemns Charterers’ 'No Crew Change' Clauses
The head of the United Nations' shipping agency has spoken out against “no crew change” clauses in charterparties, stating such clauses exacerbate the dire situation of stranded seafarers and undermine the efforts undertaken to resolve the ongoing crew change crisis.So-called “no crew change” clauses, which are demanded by certain charterers, state that no crew changes can occur whilst the charterer’s…
Fincantieri Delivers Costa Firenze to Costa Cruises
Carnival Corporation's Costa Cruises has taken delivery of the new cruise ship Costa Firenze designed and built by Fincantieri at its Marghera shipyard.With 135,500 gross tonnage and a capacity of more than 5,200 guests, the Costa Firenze is part of a €6 billion ($7.3 billion) development plan that includes seven new ships to be delivered for the Costa Group by 2023. Costa Firenze is the fourth of…
Ships Swap: Genco Trades Six Older Vessels for Three Ultramaxes
Genco Shipping & Trading has entered into an agreement to acquire three modern, eco Ultramax bulk carriers in exchange for six older Handysize vessels, the largest U.S.
Satellites Expose Risks of Forced Labor in Global Fishing
Fishing vessels with crews of forced laborers behave in systematically different ways to the rest of the global fleet, according to a study purporting to be the first to remotely identify vessels potentially engaged in modern slavery.Using satellite data, machine learning and on-the-ground expertise from human rights practitioners, U.S. researchers found up to 26% of about 16,000 industrial fishing vessels analyzed were at high risk of using forced labor.As many as 100…
Argentina: More than 100 Grains Cargo Ships Delayed by Port Workers Strike
More than 100 cargo ships were kept from loading agricultural goods in Argentina on Monday, as a wage strike by grains inspectors and oilseed workers stretched into its second week, paralyzing exports from one of the world's breadbaskets.Argentina is the No. 1 international exporter of soymeal livestock feed used to fatten hogs and poultry from Europe to Southeast Asia. Contract talks between workers and export companies have broken down over compensation packages…
Rem Offshore Nets Long-term Charter for Newly Ordered Offshore Wind Vessel
Rem Offshore, a Norwegian offshore vessel owner which last week ordered an offshore wind construction service vessel, has secured a long-term charter contract for the vessel.The company on Tuesday announced a long-term charter contract with Siemens Gamesa Renewable Energy for its newbuild CSV, which will be named Rem Energy.The vessel, to be built by Green Yard Kleven shipyard in Ulsteinvik and designed by Havyard Design & Solutions AS…
AqualisBraemar Completes LOC Takeover. Targets 50% of Revenues from Renewables
Offshore energy and marine consultancy AqualisBraemar has completed the acquisition of the marine and engineering consulting firm LOC Group (London Offshore Consultants).Oslo-listed AqualisBraemar announced the completion of the transaction on Tuesday, saying the acquisition created "a leading global independent offshore energy and marine consultancy."As part of the transaction, originally announced on November 23…
Edison Chouest Inks Deal for Battery-equipped PSV
Edison Chouest Offshore (ECO) has entered into a contract with an oil major to install battery systems aboard one of its Jones Act platform supply vessels (PSV)…
Atlas Incinerators Debuts X10 Titan Range
The new X10 Titan range from Atlas Incinerators is designed to save shipowners and shipyards money while shrinking their environmental footprint.For decades it has been customary to use steam, electricity or thermal oil to heat sludge oil prior to its incineration. ATLAS Incinerators’ new X10 TITAN range, has been designed to incinerate sludge oil and simultaneously burn solid waste while consuming…
