While facing the same challenging market conditions as offshore vessel owners and service companies worldwide, Norway’s Island Offshore recently broke free from the enforced conservatism of the E&P sector, by adding not just a new ship to its fleet, but one that re-writes the rulebook in capabilities, technology and despite its size and power, environmental credentials.
It takes a thick skin to live in New York City, let alone to run its Staten Island Ferry service. James C. DeSimone, Deputy Commissioner, Ferry Division, New York City Department of Transportation, has been charged with running the ferry service for the last 16 years. We met with him for his insights on the challenges of keeping the iconic ferry running safely and efficiently.
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).
Island Offshore took delivery of Island Victory, a new offshore installation vessel, at VARD Langsten today (Friday, February 7, 2020).Upon delivery the vessel will head straight into operation, spending a couple of weeks in the spot market, before commencing a series of contracts – in the Barents Sea and the Gulf of Mexico – securing work for the vessel potentially throughout October this year.
U.S. offshore wind farm support company Atlantic Wind Transfers (AWT) has signed a multi-million-dollar, market-first order for two state-of the-art Chartwell 24 Crew Transfer Vessels (CTVs), developed by Chartwell Marine.The vessels, to be deployed in support of new wind farms off the East Coast, will be built by Blount Boats, with delivery scheduled for 2020."Meeting the demands of U.S.
Yokohama-based Mitsubishi Shipbuilding Co has launched a cargo-passenger ship currently under construction for Tokai Kisen Co., Ltd.The new vessel will inherit the name Salvia Maru, replacing the second ship bearing the name that is currently operated by the company.The formal christening was conducted by Tokai Kisen President Junichi Yamazaki
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.
AET, a petroleum tanker owner and operator, has named its newest vessels, two of the world's first LNG Dual-Fuel Dynamic Positioning Shuttle Tankers (DPSTs). The vessels, the cleanest DPSTs ever built, will emit 40-48% less carbon than equivalent vessels built in 2008, meeting the International Maritime Organization's (IMO) target of reducing carbon (CO2) emissions by 40% against 2008 baselines
US-based owner and operator of dry bulk vessels Eagle Bulk Shipping announced that it has taken delivery of the first of six modern Ultramax drybulk vessels the Company has previously agreed to acquire.The ship, which has been renamed the M/V Dublin Eagle, is a 2015-built, high specification scrubber-fitted SDARI-64 Ultramax vessel built at Jiangsu New Hantong Ship Heavy Industry Co.
The U.S. Department of Transportation’s Maritime Administration (MARAD) today announced the designation of nine Marine Highway Projects and a Marine Highway Route that will benefit Connecticut, Florida, Michigan, New York, Oregon, Texas, Virginia, Washington State and American Samoa. Marine highways are navigable waterways that can be used as alternate options to traditional shipping methods.
Eagle Bulk Shipping announced a $100 million convertible note offering in a private placement to qualified institutional buyers.Eagle Bulk intends to use the net proceeds from the offering to fund a portion of the aggregate purchase price of up to six modern high-specification Ultramax vessels and for general corporate purposes, including working capital.
Operations to recover oil from a World War II-era shipwreck are nearing completion after commencing on May 11, 2019 off the coast of Long Island, N.Y., the U.S. Coast Guard said on Thursday.The sunken vessel, Coimbra, was a supply ship owned by Great Britain that was torpedoed by a German U-boat off the coast of Long Island during World War II.