A Shocking Success Story: How a Navy Doctor Revolutionized High-speed Boat Safety
For years, operators of high-speed boats have silently endured the physical toll of their profession. Repeated slamming impacts from rough seas caused serious injuries—many of them life-altering. However, one Navy doctor saw these challenges not as an unavoidable consequence but as a problem that could be solved. His solution? A seat that would change the course of high-speed boat safety.The hidden…
Carnival Lifts Profit Outlook on Strong Cruise Demand
Carnival Corp raised its annual profit forecast for the third time on Monday and beat market expectations for third-quarter results, helped by strength in demand for cruise vacations as well as easing costs of operations.Cruise operators benefit from increased demand for vacations at sea during the summer, boosting an already robust year for the companies as more travelers opt for the cruise experience."Strong…
Sanctioned LNG Carrier Passes via Suez Canal
The Pioneer tanker, sanctioned by the United States over its links to Russia-sourced liquefied natural gas (LNG), has passed through the Suez Canal with an LNG cargo, LSEG data showed on Monday.The source of the LNG and Palau-flagged Pioneer's destination were not immediately clear. The tanker is registered to Zara Shipholding Co, which has offices in Dubai and India's Mumbai.Shippers have largely…
US Election Awash with Maritime Implications
With a critical election fast approaching – in which the Executive Branch, House and Senate are all up for grabs – it is essential to consider the election’s potential impact on the maritime industry before heading to the voting booth.Maritime impact on the electionAt the time of writing, we are two weeks away from the expiration of the current six-year master agreement between the United States Maritime…
World's First Continual Cruise Set for Launch After Repair Delay
Cruise passengers are to set sail from Belfast on Monday on a three-and-a-half-year world voyage after being stranded in the city for months as the ship underwent unexpected repair works. Some plan to make it their forever home.Passengers of the Villa Vie Residences' Odyssey, described as the world's first continual cruise, can either buy their cabins for the entire operational life of the ship or rent them to travel segments of the journey.The ship…
Death Toll Climbs in Oil Barge Sinking Off Venezuela
At least four people have been reported dead following the sinking of an oil barge operated by a contractor of Venezuela's state-run energy company PDVSA at the country's Lake Maracaibo, according to a report of the accident on Thursday and sources.Another 19 people had been successfully rescued by Thursday morning at the accident site, the report added.Incidents involving barges that carry Venezuelan oil and fuel between domestic ports and to the Caribbean have become frequent.
Ammonia Ship-to-Ship Bunkering Boom earns ClassNK AIP
NYK and TB Global Technologies Ltd. (TBG) received a certificate for approval in principle (AiP) from Nippon Kaiji Kyokai (ClassNK) for the ship-to-ship supply of fuel ammonia. The AIP was conferred last week at Gastech in Houston.The most distinctive feature of the boom is a TBG-developed emergency-release system that allows the connection between an ammonia-fueled vessel and an ammonia bunkering vessel (ABV) to be disconnected instantly in an emergency.In acquiring the AiP…
Majestic Fast Ferry Takes Two New Vessels
Singapore’s Majestic Fast Ferry expands its fleet courtesy the delivery of a pair of new, Incat Crowther-designed 42-m ferries. There are additional sisterships under construction at Indonesia's PT Cahaya Samudra.The 343-passenger ferries operate at a maximum speed of 39 knots and a cruising speed of 36 knots. The main deck has seating for 295, with five bathrooms – including one handicap accessible bathroom and luggage storage space.
PortPic Gathers in Italy to Discuss Hull Cleaning
This week [September 30 to October 2] about 40 companies, stakeholders and NGOs gather in Pontignano, Italy, to discuss and share insights about the developments taking place within hull cleaning and in-port inspections for the shipping industry.PortPic, the sister conference to HullPic which takes place in the spring, is a Jotun and VB Conferences initiative and aims to bring the industry together…
Electric Boat to Fuel Oyster Farm Ops
Maine Ocean Farms is investing in custom-built electric workboats and Aqua superPower's marine fast charging to power its oyster farming operations, a project is made possible courtesy of a $500,000 grant from the US Department of Energy, Office of Energy Efficiency and Renewable Energy plus another $500,000 in matching funds.Aqua superPower leads this electrification project, in partnership with Maine Clean Communities.
MSI: Offshore Vessel Market Rebounds as Investors Reactivate Earlier Contracts
Strong confidence in the offshore vessel market has seen orders placed in the previous market upcycle re-activated to take advantage of renewed investor interest, according to a new report from Maritime Strategies International (MSI).In its third quarter offshore support vessel (OSV) sector report MSI notes that of the 17 vessels delivered to date in 2024, 13 were ordered more than a decade ago, leaving just over 50 vessels still pending from the previous upcycle…
Van Oord Concludes Construction of Wilhelmshaven FSRU Jetty in Germany
Van Oord has successfully completed the construction of the floating storage and regasification unit (FSRU) jetty at Wilhelmshaven in Germany for its client Deutsche Energy Terminal (DET).The project was managed by FSRU Wilhelmshaven, a joint venture between ENGIE and TES. By leveraging its experience in dredging, infrastructure and offshore energy, the client and Van Oord developed a tailor-made integrated solution for the project.In order to expedite the process…
MacGregor to Supply Access Equipment for CIDO Shipping’s Car Carriers
MacGregor, part of Cargotec, has secured an order to supply cargo access equipment for 12 CIDO Shipping's Pure Car and Truck Carriers (PCTCs), with an option for eight additional vesselsThe vessels will be built at China Merchants Heavy Industry (Jiangsu) (CMHI) for CIDO Shipping.The scope of the contract includes the design and key components for quarter ramps, side ramps, internal ramps, covers,…
BOEM Postpones Oregon’s Offshore Wind Lease Sale
The Bureau of Ocean Energy Management (BOEM) has decided to delay the offshore wind energy auction planned for potential lease areas offshore Oregon due to insufficient bidder interest at this time.On August 29, 2024, the Department of the Interior announced the Final Sale Notice (FSN) for offshore wind leasing on the Outer Continental Shelf offshore Oregon following engagement through the Oregon Intergovernmental Renewable Energy Task Force.The FSN set an auction date for October 15…
Cadeler’s Newbuild Wind Turbine Installation Vessel Up for Asia-Pacific Work
Danish offshore wind installation firm Cadeler has secured a vessel reservation agreement for one of its newbuild wind turbine installation vessels for a pipeline of offshore wind projects in the Asia-Pacific region.The vessel reservation agreement secures the availability of one of Cadeler’s two newbuild M-Class vessels.The aggregate potential value to Cadeler of development pipeline, to be negotiated…
GMS: Some Positive Movement for Ship Recyclers
Cash buyer GMS has seen some positive movement in the sub-continent ship recycling market. “While we do not expect tonnage to come flowing into the markets anytime soon, nor do we expect ship recycling prices to go skywards within this time frame, the ship recycling industry did see some positive movements with improving indications breaking cover from India and even Bangladesh this week.”Several bulker and container ship sales were made as the market firmed.
Container Ship Supply and Demand to Tighten
BIMCO has released its Container Shipping Market Overview & Outlook September 2024 with Niels Rasmussen, BIMCO’s Chief Shipping Analyst, highlighting that the disruption caused by ships being rerouted via the Cape of Good Hope remains the key ship demand driver.As a result, ship demand is forecast to grow three times faster than cargo volumes in 2024. Without it, ship supply would have grown faster…
Esgian Week 39 Report: Petrobras Finalizes Roncador Tender
Esgian highlights several new contracts in its Week 39 Rig Analytics Market Roundup.Report SummaryContractsMarket sources indicate that ADNOC has exercised an extension option for the 350-ft jackup drilling rig Aryabhatt 1 in Abu Dhabi.Petrobras has awarded two floating rig contracts to Constellation Oil Services for work at the Roncador field in the Campos Basin offshore Brazil. Valued at $1 billion…
Safety and Communication Failures Led to Fatal Fall
The UK Marine Accident Investigation Branch (MAIB) has published its report into the death of a seafarer on the bulk carrier Equinox Seas whilst the vessel was undergoing scheduled maintenance in a yard.On April 17, 2023, a crewman on board Equinox Seas was fatally injured when he fell 10m down an open ventilation trunk where a fan had been removed for maintenance by the shipyard. The fitter was recovered from the base of the ventilation trunk and moved to a local hospital…
ABS Grants AIP for Ammonia Fuel Retrofit Solution
An ammonia fuel supply system that can be retrofitted to existing vessels or installed on newbuilds has earned approval in principle (AIP) from ABS.The ammonia fuel supply system from Nikkiso Clean Energy & Industrial Gases features high efficiency pumps and an integrated fuel management system.Konstantinos Fakiolas, Director of Marine, Nikkiso Clean Energy & Industrial Gases, said: “Nikkiso’s FSS for ammonia is designed under the principles of redundancy…
