Ailing Danish shipowner Nordic Shipholding is one step closer to closing its doors after announcing the sale of its final three tankers. The company revealed on Thursday that it has entered into a sale and purchase memorandum of agreement to sell the Nordic Anne, Nordic Amy and Nordic Agnetha for a total of $37.1 million. It did not disclose the name of the buyer.
MPI Offshore, an offshore installation service firm owned by Van Oord, last week accidentally dropped three wind turbine blades into the sea, while conducting scheduled maintenance at Vattenfall's Ormonde wind farm in the Irish Sea, off the UK.According to the Kingfisher incident report
Maritime classification society ABS will class the first U.S.-flagged Jones Act offshore wind farm service operation vessel (SOV) ever ordered.The vessel, ordered last year, will be engineered, constructed, and operated by Edison Chouest Offshore (ECO) for long-term charter to service the planned Revolution Wind, South Fork Wind, and Sunrise Wind offshore wind farms in the northeast United States.
The Baltic Exchange's dry bulk sea freight index on Tuesday declined to its lowest level since early June, weighed by lower demand for the larger capesize and panamax vessel segments.The overall index, which factors in rates for capesize, panamax and supramax vessels, fell 168 points, or 6.1%, to 2,591, its lowest level since June 9.The main index was down for a fourth straight session.
Nordic Shipholding said on Monday it will sell its three remaining tankers after the lossmaking Danish shipowner failed to line up a merger partner.The company said it held extensive discussions with potential merger partners and lenders to secure the group's long-term viability, but that the talks had stalled.
The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodities, rose to its highest level since September 2019 on Thursday as demand strengthened across vessel segments.The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels, rose 145 points, or 6.7%, to 2,323, its highest since Sept. 12, 2019.
Ship repair yard Guam Shipyard will pay nearly $70,000 and take measures to improve its facilities following multiple pollution violations discovered by the U.S. Environmental Protection Agency (EPA) in 2018.The EPA said on Tuesday its settlement with Guam Industrial Services, Inc.
The Baltic Exchange's dry bulk sea freight index edged lower on Friday, as a decline in panamax and supramax vessel rates outweighed gains in the capesize segment.The overall index, which factors in rates for capesize, panamax and supramax vessels, fell 7 points to 2,289.The index has risen more than 3% this week, after posting two straight week of losses.The capesize index rose 76 points, or 3.
The Baltic Exchange's dry bulk sea freight index was little changed on Wednesday, as higher rates for panamax vessels countered a dip in the capesize and supramax segments.The overall index, which factors in rates for capesize, panamax and supramax vessels, rose by 4 points to 2,289.The capesize index fell 49 points, or 2.1%, to 2,301, its lowest level since late-March, 2021.
The U.S. Coast Guard commissioned a new station, Coast Guard Station Paducah, during a ceremony held Thursday at the Carson Center in Paducah, Ky.Presiding over the ceremony was Capt. Amy Beach, commander of Sector Ohio River Valley. Station Paducah’s officer in charge is Chief Petty Officer Michael Sheahan.
The Baltic exchange's main sea freight index fell to a near two-week low on Thursday pressured by a decline in capesize and panamax vessel rates.The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, fell 62 points, or 2%, to 3,077, the lowest since April 30.The capesize index fell 160 points, or 3.4%, to 4,549, its lowest since April 27.
The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodities, gained on Tuesday as capesize rates touched their highest level in over a year.The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels rose 81 points, or 2.9%, to 2,889 - a more than ten-year high.