US LNG Firms Expect Expansion Regulations to Ease Under New Administration
U.S. liquefied natural gas developers awaiting permits for new export projects this week expressed confidence President-elect Donald Trump will ease the way for their multi-billion-dollar expansion plans.Their confidence is buoyed by Trump's promise to end an expanded Department of Energy review that has slowed new export permits. President Joe Biden had paused new non-FTA export permits and asked…
China Objects to New Philippine Maritime Laws Covering South China Sea Areas
China summoned the Philippines' ambassador on Friday to express its objection to two new laws in the Southeast Asian nation asserting maritime rights and sovereignty over disputed areas of the South China Sea, its foreign ministry said.China made "solemn representations" to the ambassador shortly after Philippine President Ferdinand Marcos Jr signed the Maritime Zones Act and the Archipelagic Sea Lanes…
Wallenius Wilhelmsen Exercises Options for Two Additional Shaper Class PCTCs
Wallenius Wilhelmsen, the world’s largest RoRo vessel operator, has ordered two additional 11,700 CEU Shaper class pure car and truck carriers (PCTCs) from China Merchants Jingling Shipyard in China.The two declared options are part of the four previously announced outstanding options. Delivery is expected in the first half of 2028.As part of the agreement, Wallenius Wilhelmsen will continue to hold options for two more vessels declarable by the second half of 2025.
Crystal Orders Another Cruise Ship from Fincantieri
Italian shipbuilder Fincantieri has received an order for a new cruise ship from U.S.-based cruise operator Crystal, following the exercise of the option granted under the two-unit agreement from June 2024.The value of the agreement, subject to financing and other terms and conditions, is considered as large, which for Fincantieri means it represents a value between $590 million to $1.07 billion.Crystal MoA for 2+1 Cruise Ship OrderThe new unit…
Container Vessel Orders Mark Over 50% Rise in 2024
Orders of new container vessels are up by approximately 52% year-on-year with 254 new contracts placed in 2024, compared to 167 in the corresponding period of 2023, according to a new report by Veson Nautical's data intelligence arm VesselsValue.The report, titled ‘Golden Age: Container shipping’s post-covid boom continues’, states that in addition to the huge uptick in orders, 2024 has seen 362 new…
Taiwan Offers Reward for Reports of Chinese Activity
Taiwan's coast guard said on Friday it would offer rewards worth thousands of dollars for spotting Chinese activity at sea, including warships or submarines, saying it was harnessing "people power" to boost its own limited workforce.Taiwan, which China claims as its own territory, has complained for the past five years of stepped up Chinese military activity, and the Taiwanese coast guard has increasingly been involved in patrolling sea areas.China's coast guard's involvement in these activities
IMO Secretary-General Heads to COP29
Secretary-General Arsenio Dominguez will lead IMO’s delegation to the annual UN Climate Change Conference (COP 29) to be held in Baku, Azerbaijan, from November 11 to 22, 2024.The 29th Conference of the Parties to the UN Framework Convention on Climate Change (UNFCCC) will bring together world leaders along with an estimated 40,000 delegates representing governments, civil society and the private sector…
PMA Responds to Sanctions Breach Claim
In response to recent media reports regarding a Seaman’s Book allegedly found with a Lebanese national naval officer, the Panama Maritime Authority (PMA) has issued a statement clarifying the following:“The individual mentioned holds a Seaman’s Book issued by the Republic of Panama, with an endorsement - meaning official recognition of the title - which was requested at our international offices in 2022.
Bosun Crushed: Unsafe Practices Had Become Normal
The UK Marine Accident Investigation Branch (MAIB) has released its report into a crush incident on board ro-ro cargo vessel Clipper Pennant in Gladstone Dock, Liverpool, England on July 20, 2021.At 1353 on that day, the bosun was fatally crushed while working on the vessel’s vehicle deck as the vessel was being loaded with a cargo of semi-trailers.A tractor unit driver pushed a semi-trailer into a corner space, marshalled by the vessel’s bosun in their assigned role as banksman.
Scientists Turn Leaves into Oil Factories for Biofuel Production
An Australian-led scientific breakthrough to increase oil yield from plants is expected to advance the production and use of biofuels globally. Oils from plants are typically produced in seeds and fruits, but scientists from Australia’s research agency CSIRO studied how to extend that to the biomass of the plant, including the leaves and stem. CSIRO’s Dr Thomas Vanhercke, who has been working on the project for more than a decade…
CMB Tech Eyes India, Ship Disposals as Q3 Results Shine
Belgian oil tanker company CMB Tech says it will focus on the fast growing market in India as it reported third quarter results above market expectations on Thursday…
Silverback Wins DoD Tug Contract
Silverback Marine has been awarded a multimillion-dollar DoD contract for its new OX series truckable tractor tug.Designed in collaboration with Elliot Bay Design Group of Seattle, Silverback Marine partnered with Darley Defense to secure the contract. Thespecific department of the DoD will remain anonymous until the first vessel is delivered, scheduled for late 2025.For illustrative purposes, Silverback Marine received permission from industry friends including Tradewinds Towing…
Yet Another Port Everglades Cruise Passenger Record
Port Everglades bested its own cruise passenger record with a preliminary count of 4,010,919 guests embarking and disembarking during Fiscal Year 2024, which ended September 30, 2024.
Bollinger 58th Delivers FRC to USCG
Bollinger Shipyards announced the delivery of the U.S. Coast Guard Cutter (USCGC) John Witherspoon at Coast Guard Sector Key West. This is the 58th Fast Response Cutter (FRC) delivered under the U.S. Coast Guard's current program and the 184th vessel built by Bollinger for the U.S. Coast Guard over a 40-year partnership and will be homeported in Kodiak, Alaska. The John Witherspoon will be homeported in Kodiak, Alaska.
Venture Global gets FERC Nod for LA LNG Plant
Federal regulators on Wednesday gave Venture Global LNG permission to introduce natural gas into its Plaquemines export plant in Louisiana, documents show, moving…
EPA Tier 3 Nod for Baudouin 6F21 Engine
Moteurs Baudouin has announced that its 6F21 engine has obtained the U.S. Environmental Protection Agency’s (EPA) Tier 3 Recreational Certification.Introducing the Baudouin 6F21 EngineThe 6F21 is a state-of-the-art, EPA Tier 3-compliant engine designed for efficiency, power, and environmental responsibility. With its advanced engineering, this engine offers high fuel efficiency, reduced emissions, and robust performance, making it ideal for recreational and light commercialvessels.
Three Industrial Projects for Le Havre Announced
The French government has selected winning proposals for a hydrogen import terminal, a renewable fuels facility and a lithium production factory to be built at the…
Alcoa Suspends Bauxite Liftings Juruti
U.S. aluminium maker Alcoa AA.N said on Thursday it had halted bauxite shipments from Brazil's Juruti port due to a stranded vessel in the waterway.This was the…
Fincantieri Promotes its 'Shipyard of the Future'
Aiming to show the excellence of Italian shipbuilding, while describing the transformations taking place within and the technological evolution, too, Fincantieri launched "Open shipyards, view on the future", a roadshow that opens the doors of its construction sites to institutions. The initiative, which is in the beginning stage, saw the participation and visit of the plant by the Minister of the Interior Matteo Piantedosi…
US Extends Protections for CITGO to March 2025
The U.S. Treasury Department on Thursday extended a license protecting Venezuela-owned Citgo Petroleum from bondholders to March 2025, a key decision amid a seven…