Container shipping firms MSC Mediterranean Shipping Company (MSC) and Maersk have mutually agreed to terminate, effective in January 2025, their 2M alliance.2M is a container shipping line vessel sharing agreement (VSA) introduced in 2015 " with the aim of ensuring competitive and cost-efficient operations on the Asia-Europe, Transatlantic and Transpacific trades.
As we enter the final month of 2022, a review of the floating production system (FPS) market revealed that some E&Ps have been bold with investments in the development of their oil and gas (O&G) reserves, with a total of 1.9 mmboepd (1.3 mmbpd of oil and 3.8 bcfd of gas) of FPS throughput capacity sanctioned year to date (YTD).
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.
A critical channel deepening project that will help move cargo more efficiently to and from the U.S. advanced Monday after the Long Beach Harbor Commission concluded an extensive environmental review process and greenlit the endeavor.The work will also allow the port to welcome newer cleaner, and more efficient cargo vessels.
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.
U.S. shipyards are making improvements to building ships for the Navy and Coast Guard today and in the future. In some cases, it means phasing out one class of ship and getting ready for the next. Or, it can be a drastic make-over.The yards include mid-tier yards all the way up to very large facilities devoted exclusively to warships.
Seafarer happiness levels are trending upward after reaching a record low last quarter, according to the latest Seafarers Happiness Index report published by The Mission to Seafarers.The survey, undertaken with the support of the Standard Club and Idwal, reports on Q2 2022 and shows that the influx of industry solutions to tackle seafarer wellbeing has finally begun to lift morale and the
The newly built Mark W. Barker, the United States' first new Great Lakes bulk carrier in nearly 40 years, has embarked on its maiden voyage from Fincantieri Bay Shipbuilding in Sturgeon Bay, Wis.“This is a monumental day for our company and the U.S. flag fleet as our much-anticipated freighter departs on her first voyage in what will be a long life of service on the Great Lakes,” said Mark W.
Eastern Shipbuilding Group hosted the keel laying ceremony for the U.S. Coast Guard’s future Offshore Patrol Cutter (OPC), USCGC Ingham (WMSM-917), the third vessel in the new Heritage Class built at the Nelson Street facility. The presiding official for the U.S. Coast Guard was Rear Admiral Chad L. Jacoby, Director of Acquisition Programs & Program Executive Officer (CG-93).
My first visit in 2007 to the American Society of Naval Engineers’ (ASNE) Multi-Agency Craft Conference (MACC) was an eye-opener. Having built a naval architecture career with frigates, destroyers and other large naval and commercial ships, I was eager to learn of the smaller craft used by the U.S. Navy and other government and military bodies. As my flight into Norfolk, Va.
Adm. Linda L. Fagan has been confirmed as the 27th Commandant of the U.S. Coast Guard, clearing way for her to be the first woman top officer in one of the military services. The Senate on Wednesday approved Fagan’s promotion, along with those of five other senior Coast Guard officers, by unanimous consent.Nominated for the role by President Joe Biden in April, Fagan will succeed Adm.
President Joe Biden nominated Adm. Linda L. Fagan to serve as the 27th Commandant of the U.S. Coast Guard. Upon confirmation, Adm. Fagan will be the first woman to serve as Commandant of the Coast Guard.Adm. Fagan currently serves as the 32nd Vice Commandant, having assumed the duties on June 18, 2021.