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Classification

  • NOAA joins USAID in effort to combat IUU fishing overseas

    The National Oceanic and Atmospheric Administration (NOAA) is joining the U.S. government's effort to fight illegal fishing in far-flung waters. NOAA has entered into an agreement with the U.S. Agency for International Development (USAID) to combat illegal, unreported and unregulated fishing (IUU fishing) across borders and to promote sustainable fisheries abroad. 

  • Lloyd's Register appoints maritime decarbonization hub advisory panel

    Lloyd’s Register (LR) has named the industry experts who have joined the advisory panel of its Maritime Decarbonisation Hub and will ensure that the Hub fulfils its mission of providing the right level of insight, collaboration and leadership to support the shipping industry address its decarbonisation challenges.

  • CLASSNK advises existing ships to install ballast water management systems early on

    Leading Classification Society ClassNK has been analyzing the retrofitting status of ballast water management systems (BWMS) on its registered ships periodically since 2018. The status has been updated based on the latest data and the Society has confirmed that installation deadlines based on the BWMS Convention for many of its registered ships are still concentrated in the year 2022.

Insurance

Oil & Gas

  • Opportunities in offshore wind attracts Norway’s Knutsen

    The increasing focus and perceived opportunities in the offshore wind sector are attracting a growing number of maritime and shipping companies to the business. 

  • Fugro CFO Verhagen steps down

    Dutch offshore services company Fugro announced its chief financial officer (CFO) Paul Verhagen has decided to leave the company.

  • TXOGA: The O&G industry paid $13.9B in state, local...

    The Texas oil and natural gas industry contributed to state and local tax coffers in the fiscal year 2020, Todd Staples, president, Texas Oil and Gas Association statedThis revenue from oil and natural gas production, pipelines, refineries and LNG facilities translates into about $38 million each day to fund schools, universities, roads, first responders and essential services.

  • Edda accommodation finds work for Edda fides offshore vessel

    Norway-based Østensjø Rederi's Edda Accommodation has secured a new contract for the 2011-built Edda Fides offshore accommodation and service vessel with an undisclosed client.

  • Oceaneering and stork Net work on Neptune Energy's...

    Offshore services providers Oceaneering and Stork have won integrity management and fabric maintenance contracts on Neptune Energy's Cygnus platform, offshore the UK. The contracts are worth around $6.5 million.

  • IOG: Platform construction on track for North sea project

    UK-based oil firm Independent Oil & Gas has informed that work on the construction of the two platforms being built for its North Sea development project was progressing well with delivery scheduled for 1Q 2021. The company also said it would appoint new COO in the coming weeks.

Ports

  • NRF: Retail import volumes forecast to rise in 2021

    Retail imports, which were a key contributor to the surge in container traffic and port activity in the second half of 2020, are projected to continue their strength through the first half of 2021 according to new data from the National Retail Federation and Hackett Associates. The retail trade organization projects, despite the pandemic, that retail imports will set a new record for 2020 and will continue the momentum for at least the first five months of 2021.

  • NRF: Retail import volumes forecast to rise in 2021

    Retail imports, which were a key contributor to the surge in container traffic and port activity in the second half of 2020, are projected to continue their strength through the first half of 2021 according to new data from the National Retail Federation and Hackett Associates. The retail trade organization projects, despite the pandemic, that retail imports will set a new record for 2020 and will continue the momentum for at least the first five months of 2021.

  • Warehouse fire interrupts operations in Port of Cork, Ireland

    A massive fire destroyed at least two large warehouses along the Port of Cork, Ireland waterfront as well as disrupting operations at the deep water harbor over the weekend. While firefighters were able to bring the fire under control on Saturday morning with no injuries, they remained on scene dealing with hot spots and potential flare ups to the fire over the weekend.

Finance

  • ITIC: Email invoice scams cause big losses for shipping companies

    Cyber-crime connected with fraudulent demands for payment continues to plague the maritime sector, according to the shipping insurer International Transport Intermediaries Club (ITIC). Cases of email-driven scams that result in six-figure losses have been reported previously, and ITIC says that it continues to see serious instances of theft using the same basic techniques.

  • Carnival optimistic despite $2B loss, more ship sales planned

    Nine months after Carnival Corporation suspended worldwide cruise operations, the company with only a few ships returned to service continues to report significant financial losses, while management believes the company has the resources to weather the remaining stages of the pandemic.

  • Zim files for initial stock offering on the NYSE

    Zim filed a preliminary prospectus with the U.S. Securities Exchange Commission on December 31, 2020, for its long-anticipated initial public offering. The container and logistics company plans to trade its shares on the New York Stock Exchange becoming only the second container line after Matson to be listed on the Big Board.

Shipping

  • Mysterious abandoned longliner taken in tow off...

    After weeks of effort to reach her, the abandoned fishing boat Yong Yu Sing No.18 has been taken under tow and will be boarded as soon as weather allows. 

  • Cruise lines continue to delay resuming European...

    As the cruise industry approaches the one year mark in its suspension of service, regulations and global efforts to contain and mitigate the coronavirus continued to hinder the cruise lines’ ability to resume service. While a few large cruise ships have been successful in resuming limited operations, the latest outbreaks of the virus are again forcing the postponement and cancelation of cruises in Europe and North America.

  • Two icebreaking LNG carriers meet in high Arctic...

    The icebreaking LNG carriers Christophe de Margerie and Nikolay Zubov are about to pull off an unprecedented feat: both are transiting Russia's Northern Sea Route in January, and they are on track to pass each other at a location in the East Siberian Sea - without icebreaker escort. The development is a testament to the capabilities of the Sovcomflot-operated Christope de Margerie class, but also to the commercial implications of a warming Arctic, with younger and thinner average ice cover. 

  • Strong outlook for container volumes in 2021...

    The outlook for the container shipping markets remains strong moving into 2021, a far cry from the dramatic declines the industry experienced at the start of 2020. A new analysis of container volume shows that the market recouped much of its early losses and with few blanked sailings projected for 2021 will continue its momentum.

  • Foss Maritime appoints Will Roberts new President

    Will Roberts has been appointed the new president of Foss Maritime. Roberts was previously Chief Operating Officer at Foss.

Legal & Regulations

  • Russian CO under investigation for stealing his own ship's propellers

    A Russian Navy officer is under investigation for conspiring to steal two bronze propellers from his own ship, according to Russian state media. 

  • Pacific international lines pleads guilty in U.S. pollution case

    For the second time in two months, the U.S. Attorney General’s office has obtained a guilty plea from a shipping company for knowingly discharging waste oil or oily water into U.S. harbors. One case was on the U.S. East Coast and the other was in Guam, but in both instances, a Singapore-based shipping company admitted to knowingly polluting the waters and attempting to hide their actions through falsified records.

  • Agreement to bring stranded Indian seafarers home from ship off China

    After months of trying and international support, Indian officials announced an agreement to permit one of the vessels caught off China to complete a crew change. Two Indian vessels stranded for months off the coast of China unable to unload shipments of coal they had transported from Australia became the face of the growing humanitarian crisis as a growing armada of vessels found themselves caught in a trade dispute between China and Australia.

Environment

  • LNG powered ferry launched in China poised to be first in UK market

    Brittany Ferries’ new ship the Salamanca was recently launched at the CMJL shipyard in Weihai, China, where she is under construction. Powered by liquefied natural gas, the vessel, which is the second of three being built for the company, is being billed as the first LNG powered ferry for the UK market.

  • NYK enters floating LNG storage (FSRP) with Papua New Guinea Project

    Japan’s NYK Group announced that it will be participating in a project to develop a floating LNG storage and regasification power generation facility in Papua New Guinea. Their entry into the sector is part of the company’s goal to integrate new sustainable business activities, including FSRP projects, into its business. NYK Group has been seeking to expand the variety of services it provides throughout the energy value chain to realize the business opportunities in the changing energy demands.

  • Corvus' energy storage systems for Harvey Gulf's offshore vessels

    Corvus Energy, an energy storage solutions provider for the offshore energy industry, has won a contract with Wärtsilä to deliver its Energy Storage Systems (ESS) for the offshore support vessel fleet operated by U.S.-based Harvey Gulf.

Education

Women in Maritime

Techonology

  • Complete Sonardyne suite for dive technologies’ large displacement AUV

    Quincy, Massachusetts, based underwater robotics innovator Dive Technologies has chosen a complete suite of Sonardyne technologies for navigation, tracking and control of its large displacement DIVE-LD autonomous underwater vehicle (AUV) programme.

  • International Maritime Security Associates (IMSA) launches remote cyber...

    Vessels worldwide are now facing compliance with IMO 2021 cyber security regulations. These are the first of what could be additional cyber security regulations for regulated vessels and facilities. International Maritime Security Associates (IMSA), the developers of the award-winning ARMS software platform, have developed a suite of cyber security tools and services for the maritime industry. The company has recently launched the capability to conduct basic shipboard network vulnerability assessments without sending personnel onboard.

  • Saving the maritime industry, one energy-saving device at a time

    In June 2019, the Grimaldi Group’s Grande Portogallo, a 165-metre-long Pure Car & Truck Carrier fitted with a Controllable Pitch Propeller (CPP), set sail with a ground-breaking piece of technology onboard. This vessel had on-board a pre-swirl stator (PSS) designed for CPP application that influences water flow to the propeller. Being able to control the inflow of water, say the device’s designers, has been scientifically proven to lead to less fuel consumption improving the vessel’s energy savings. This has never been investigated for CPPs, making this a truly innovative product.

Dredging

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