Philly Shipyard held a steel cutting ceremony for the fourth in a series of new training ships it is building for the United States' state maritime academies.Scheduled for delivery to the Texas A&M Maritime Academy in Galveston, Texas in 2025, the new National Security Multi-Mission Vessel (NSMV) is being built under a program for the U.S.
Global container shipping rates are a widely used gauge of overall consumer sentiment, with high and rising costs indicating strong demand for goods, gadgets, and clothes, while falling rates attest to slowing or falling buyer interest.As the main conduit for global trade in finished and intermediate goods - including an overwhelming majority of the parts and machinery needed to produce other
The November edition of Marine News magazine highlighted the most notable newbuilds delivered in 2022. From sturdy and nimble workboats, to the first new Jones Act laker in a generation, each vessel on display showcases the industry’s engineering prowess and technological ingenuity, with the focus on improving efficiency in operations.
Italian shipbuilding group Fincantieri announced it has delivered the first vessel for luxury cruise operator Viking equipped with an emissions reducing hydrogen fuel cell system.Identical to Viking’s other ocean ships, the 47,800 ton Viking Neptune is fitted with a small hydrogen fuel system, making it the cruise industry’s first ship to test the use of hydrogen power for on board operations.
The Interlake Steamship Company held a christening ceremony in Cleveland on Thursday for its new vessel, Mark W. Barker, the first U.S.-flagged freighter built on the Great lakes in nearly four decades.“This is truly a historic celebration for our company and for the United States maritime industry as we proudly christen the newest vessel to join the U.S.
More than two dozen crew on an engineering [reportedly an offshore wind] vessel [Fujing 001] with 30 people on board were missing after it snapped in two in waters off Hong Kong as tropical storm Chaba passed through, authorities said.Three crew members were rescued, and search and rescue operations were continuing for others about 300 km (200 miles) southwest of the city
2023 has so far been a disappointment for the dry bulk shipping sector, despite hopes that a quick economic recovery in China would boost iron ore demand,. During the first three weeks of the year, iron ore shipments fell 13.1% year on year, the lowest volume since at least 2019, worsening conditions for capesizes.
REMEMBERING MY SHIPMATE JOHN MICHELWe met in January 1959 when I became the first Officer in Charge of the Navy’s newly acquired Bathyscaph Trieste and John was the first USN enlisted man to be assigned to the project. We were based at the Naval Electronics Laboratory in San Diego. Trieste was unique as there were only two deep diving manned submersibles in the world.
Finnish shipbuilder Meyer Turku on Wednesday delivered the liquefied natural gas (LNG) fueled cruise ship Carnival Celebration to Carnival Cruise Line.Tim Meyer, CEO of Meyer Turku, describes this ship's handover as special in many ways: "First of all, the ship is dedicated to the 50 years of Carnival Cruise Line.
While pundits have long proclaimed the U.S. maritime industry dying or dead, the recent delivery of Great Lakes laker Mark W. Barker suggests an innovative future instead.Jacksonville Shipyard was a well-known repair yard that was particularly well known for servicing the Jones Act tanker fleet and Gino Ferrari was its New York representative.
German shipbuilder Meyer Werft said it cut first steel on Friday for Carnival Jubilee, a new 183,200 GT cruise ship set to debut for Carnival Cruise Line in 2023.Originally ordered for Carnival Corp. brand AIDA Cruises, the newbuild was transferred to sister line Carnival Cruise Line in 2021.
Finland-based cruise shipbuilder Meyer Turku saw its full-year 2021 net loss widen, despite a somewhat higher turnover compared to 2020. Still, the company said it was a "satisfactory result in the midst of a protracted pandemic."The company's turnover was EUR 1.08 billion. It is somewhat higher than in the previous year, but the result for the financial year was a loss of EUR 17.