North Vancouver shipbuilder Seaspan Shipyards on Thursday held a keel laying ceremony for the Royal Canadian Navy’s future joint support ship HMCS Protecteur.Scheduled for 2023 delivery, the newbuild is the first of two joint support ships to be constructed by Seaspan as part Canada's National Shipbuilding Strategy (NSS). With a length of 173.
The offshore supply vessel (OSV) industry has emerged from its 2017 trough, thanks in large part to a slight shrinkage of the active fleet, a string of debt restructurings, improved cost management, and an uptick in drilling activity in a few regions. The industry is far from healthy, though, and the climb back to financial well-being will likely be long and unsteady.
Contract negotiators between striking Alaska ferry boat workers and state officials have reached a tentative deal to end a 9-day-old walkout that has shut down the state Maritime Highway System, a federal mediator said on Friday.About 420 members of the Inlandboatmen's Union of the Pacific (IBU) walked off the job on July 24
Iran's Revolutionary Guards said on Friday they had captured a British-flagged oil tanker in the Gulf after Britain seized an Iranian vessel earlier this month, further raising tensions along a vital international oil shipping route.Britain said it was urgently seeking information about the Stena Impero after the tanker, which had been heading to a port in Saudi Arabia
It is truly no accident that Delgado Maritime & Industrial Training Center and Florida Marine Transport collaborate so closely.Zero incidents, zero injuries and eliminating critical barge and equipment failures doesn’t just happen by osmosis. It’s a result of continual safety training that breeds operational awareness and confidence to anticipate a difficult situation on an inland waterway
The hard-fought passage of VIDA promises a simpler, more unified and logical set of environmental standards related to the discharge of myriad vessel streams. Industry wanted it, and now it is here. Will it deliver, and if so, when? That depends on who you talk to.As most commercial maritime operators know, US ballast water regulations made a sharp turn last December.
Part I: Enhancing Engines & Fuels"Wood Mackenzie forecasts a 25 percent increase in price for lower sulfur content fuel based on a SOx scrubber adoption rate of about two percent, but some scenarios could cause LSFO prices to spike by as much as 60 percent."Around 80 percent of global trade is carried by sea.
The tanker shipping market continued to be volatile during the first quarter of 2019, but at a higher level than in the corresponding quarter the previous year, said Concordia Maritime.After the sharp rise at the end of 2018, some tanker market segments have now slowed down again, said the international tanker shipping company.
Uncertainty mounts in dry bulk shipping against a backdrop of weaker growth in Chinese imports, said BIMCO."The extent of the freight rate recovery in 2018 was limited – when compared with initial expectations – by a faster-growing fleet. Q4-2018 wasn’t as strong as it often is either, but we now know that was merely the beginning of a sharp downturn.
When it comes to docking and protecting your most valuable assets, there is no room for compromise.In relation to the sea, there is no room for compromise. That’s the philosophy that SF Marina Systems has brought to the design and manufacturing of concrete floating structures, stretching over 100 years of design history, research and development.
Five commercial fishermen were believed to have died after their crabbing vessel sank on New Year’s Eve in the Gulf of Alaska, the U.S. Coast Guard said after ending a search and rescue operation amid high winds and heavy seas.There were two survivors: crewmen who took refuge in a lifeboat and were rescued by a Coast Guard helicopter.
As the Middle East, and freedom of navigation issues come into sharper focus, today we look at the Top Middle Eastern vessel owning countries by fleet value, according to research by VesselsValue. To be succinct: the United Arab Emirates (UAE) dominates.