French shipping company CMA CGM and its business partners COSCO Shipping 601919.SS, Evergreen 2603.TW and OOCL said on Tuesday that they had agreed to extend their 'OCEAN Alliance' co-operation deal for another five years beyond 2027, to 2032.The 'OCEAN Alliance' partnership aims to help customers deal with their supply chains by offering up fast transit times and access to a wide range of ports
Interest in methanol as an alternative fuel has grown in the shipping industry, which seeks to achieve net-zero emissions by 2050.Below is a list of upcoming methanol bunkering-related projects by companies and ports:COMPANIES:A.P. Moller-MaerskMaersk received the world's first methanol-enabled container ship in July.
The Military Sealift Command’s Maritime Prepositioning Ships (MPS) and Auxiliary Crane Ships (ACS) were built 50 years ago to pre-position vehicles and supplies in forward locations and load or unload them in undeveloped or damaged port facilities. I serve with MSC’s Taluga Group, charged with finding innovative solutions to pressing problems.
In response to increased awareness of the prevalence of sexual assault and sexual harassment (SASH) in the maritime industry — and following a widely reported account by a U.S. Merchant Marine Academy cadet of sexual assault aboard a U.S.-flagged ship during her Sea Year training — Congress enacted into law the Safer Seas Act (SSA) in December 2022.
A historic Great Lakes car and passenger ferry will be sidelined the rest of the season due to damages it suffered in July. Lake Michigan Carferry said Tuesday that the SS Badger's daily crossings between Ludington, Mich., and Manitowoc, Wis., have been suspended indefinitely.“We have made the difficult, and unfortunately unavoidable
Pacific International Lines (PIL) has launched its learning and development center of excellence, the PIL Academy, to provide training in maritime and transport logistics for all its employees.The academy aims to strengthen workforce capabilities and future proof careers. It will collaborate with organizations and technology partners to develop a holistic curriculum with accredited courses that
S&P downgraded Danish wind power giant Orsted to BBB on Wednesday, citing higher leverage on its balance sheet and major U.S. impairments in 2023 due to supply chain delays and higher costs.S&P said Orsted's business risk profile has weakened from last year, but was still satisfactory.
Signet Sirius, the first of two ART 92-32W Rotortugs was recently delivered by Signet Maritime at their Pascagoula Shipbuilding and Repair facility. This is the first ART Rotortug that Signet has built and operated in their fleet. Designed by Robert Allan Ltd. in collaboration with RotorTug BV, the Advanced Rotortugs (ART) incorporate the patented triple Z-drive Rotortug propulsion layout
Vigor Marine has been awarded a contract for a 93-calendar day shipyard availability for a mid-term availability of Military Sealift Command’s (MSC) hospital ship USNS Mercy (T-AH 19).The $21,198,656 firm-fixed-price contract includes a base period and options, which if exercised, would bring the cumulative value of this contract to $21,711,746. Vigor was the sole bidder for the project.
Indian refiners have resumed Venezuelan oil purchases through intermediaries, with Reliance RELI.NS set to meet executives from state firm PDVSA next week to discuss direct sales following the easing of U.S. sanctions on the South American country, people familiar with the matter said.
Port Angeles, Wash. boatbuilder BRIX Marine has launched its newest pilot boat, Aldebaran, for a customer in Central America.The trailerable 11.3-meter-long rigid hull inflatable boat (RHIB) is powered by twin 300-horsepower Yamaha outboards with 3 bl 15.75" X 18" SS props.The boat's Naiad hull has a 23 degrees progressive deadrise,, 5086 alloy aluminum hull skins, D-shaped foam EV50 (approx.
Crowley has named offshore wind veteran Christy Guthman as vice president of business development for its Wind Services business as the company grows in the clean, sustainable energy sector.Guthman most recently served as executive general manager of sales and commercial operations for GE Offshore Wind.