The combination of the coronavirus pandemic and oil price freefall have affected most maritime markets, including inland waterway shipping. Looking at U.S. river transport in particular, the impacts of these two black swan events vary greatly depending on the type of cargo being carried.David Grzebinski, CEO of the America’s largest tank barge operator, Kirby Corp.
Barry Parker, contributor to Maritime Reporter & Engineering News and MarineNews magazines, is – like many people around the world – sequestered and working from home. He is our designated “ship spotter” for the day.In the maritime business, most of us have been adept at working from home (or from remote locations).
Canadian ferry owner and operator British Columbia Ferry Services Inc (BC Ferries) has made a further order of four additional electric-battery hybrid Island Class vessels from a major European shipyard.The ferry corporation announced that Damen Shipyards Group of the Netherlands has been awarded the contract to build the new vessels.
Lindblad Expeditions Holdings, a global player in expedition cruises and adventure travel experiences, has celebrated the float out of National Geographic Endurance in Ulstein Verft, Norway.The first polar newbuild for the line, the 126-guest vessel is fully stabilized with the highest ice class (PC5 Category A) of any purpose-built passenger vessel, according to a press release.
BP has provisionally chartered a 60,000 tonne tanker to store jet fuel at sea starting this week, trading sources said on Wednesday, after a collapse in demand from the aviation sector due to the coronavirus pandemic led to a huge glut.Asian jet fuel refining margins and European jet fuel prices dropped this week to record lows as several airlines drastically cut their flights schedules.
Corvus Energy reports it has been selected by Damen Shipyards to supply the energy storage system (ESS) for four new battery-hybrid ferries for BC Ferries.BC Ferries placed a repeat order with Damen Shipyards Group for four Damen Road Ferries 8117 E3 design—known by BC Ferries as the 'Island Class' vessels.
SCHOTTEL said it secured an order to provide propulsion units for four 81-meter hybrid-electric road ferries ordered by Canadian operator BC Ferries from Damen Shipyards Galati in Romania.Captain Jamie Marshall, Vice President, Business Development and Innovation at BC Ferries, said, “We’ve had positive experiences with SCHOTTEL azimuth thrusters in our Salish Class ferries
Campbell Transportation Company is promoting Kyle Buese to the role of President, effective January 1, 2020, the Pittsburgh-based inland marine transportation and services company announced on Wednesday.Buese has been the Executive Vice President of Campbell Transportation for the past year. He will replace Mike Monahan who is retiring as President.
UK's developer and supplier of connectors, First Subsea has delivered a beach landing Cable Protection System for the export cables on the 25MW WindFloat Atlantic project, located 20 kilometers off the coast of Viana do Castelo in Portugal. Hengtong Group was contracted through its Submarine Business Units to deliver the export cable for the beach export system which was installed on schedule by
UK-based engineering services company Babcock said that its liquefied gas equipment (LGE) arm has netted 26 orders in the LNG and liquefied petroleum gas (LPG) carrier markets so far this year.Having won 16 contracts in the LPG carrier market, plus a further 10 ecoSMRT contracts for LNG carriers so far in 2019, the company continues to thrive in challenging market conditions.
UK-based offshore technology services provider First Subsea has delivered beach landing cable protection for three export cables on the 120MW Formosa 1 Phase 2 offshore wind farm in Taiwan.According to the Lancaster-based company, the contract was awarded by Jan De Nul Group, EPCI contractor for delivery and installation of the project’s cables and foundations.
Norwegian shipping company GC Rieber Shipping ASA had a fleet utilization of 100% in the second quarter of 2019.The operator of offshore subsea support vessels, marine seismic vessels and polar logistics and research expeditions said that the subsea and ice/support vessels have contract coverage of 44% for the remainder of the year while Shearwater GeoServices Shearwater has confirmed backlog of