As the global maritime community collectively is slowly pushed toward decarbonization, it is generally agreed that there is no ‘silver bullet’ technical solution and that progress will come in steps, led by public/private collaboration and funding.A recent development following that script is the awarding this week of federal funds to a Washington State team working to accelerate ferry technology
Mauritius said on Thursday it had started to scuttle the Japanese-owned bulk carrier that ran aground off its shores and spilled oil over pristine waters and fragile coral reefs. The MV Wakashio hit a coral reef off the Indian Ocean island on July 25 and began spilling oil on August 6, prompting the government to announce a state of environmental emergency.
Allseas' giant Pioneering Spirit heavy lift vessel has completed its first decommissioning job of summer 2020, with a single-lift removal of Shell UK’s 17,000-tonne Brent Alpha platform from the North Sea. The Pioneering Spirit will now deliver the 44-year old platform to Able UK’s Teesside decommissioning yard in North East England for dismantling and recycling.
A salvage plan is being developed to refloat a barge that went aground in the lower St. Marys River, near Sweets Point, Mich.At 12:30 a.m. Wednesday, the U.S. Coast Guard Sector Sault Sainte Marie Command Center received notification that the 302-foot barge PML2501 towed by the 132-foot towing vessel Anglian Lady grounded in the lower St. Marys River.
Leading tanker operator Euronav posted record high first-quarter results on Thursday and expects strong demand for oil storage at sea to continue in 2020, driving its shares up 8.5%.The world is still struggling with an oil glut due to a drop in demand caused by the coronavirus even after top oil producing countries have cut output.
South Korean ocean carrier HMM held a naming ceremony for the newly constructed 24,000 TEU-class containership HMM Algeciras, the world’s largest containership, at the Daewoo Shipbuilding & Marine Engineering’s (DMSE) Okpo shipyard in Geoje, Korea.The 399.9-meter HMM Algeciras is the first of a dozen 24,000 TEU-class vessels scheduled to be delivered this year
A jump in freight rates has shaved profits for oil traders seeking to store crude for sale towards the end of the year, even as the contango in the first six months for Brent futures stretched to its widest ever, trade sources said.While a sharp rebound in spot crude differentials could lift traders' profits
Top exporter Saudi Arabia has chartered an armada of ships to flood the market with additional oil, but in the process has driven freight costs so high refiners are reluctant to take the shipments.That could leave the kingdom stuck with tens of millions of barrels in expensive ships at anchor when the coronavirus outbreak has destroyed oil demand and international prices have lost more than half
Trading house Glencore has chartered the 3 million barrel crude carrier Europe to store oil at sea for at least 6 months, trading sources on Tuesday.The vessel is one of two so-called ultra large crude carriers (ULCC), the largest tankers in the world.Glencore booked the vessel at a rate of $37,000 a day for the first six months, according to the sources.A Glencore spokesman declined to comment.
Several major cruise operators have voluntarily suspended operations in response to the developing coronavirus pandemic. For most, the reason given has been "an abundance of caution".On Wednesday, Viking became the first major cruise line to temporarily suspend operations, canceling all river and ocean cruises scheduled to embark between March 12 to April 30.
George Raymond Duclos, age 86, died peacefully on February 15, 2020 surrounded by his family. The son of the late Raymond and Albertine (Bertha Chenard) Duclos. Born in 1933 in Fall River, MA, George spent most of his life in Westport, MA spending summers on the Watuppa Pond and moving to the Pond permanently in the 1960's.
Italian shipbuilder Fincantieri said it has presented Scarlet Lady, the first of four new cruise ships it is building for new cruise ship operator Virgin Voyages, part of Richard Branson’s Virgin Group.The 110,00-gross-ton Scarlet Lady, constructed at the builder's shipyard in Genoa Sestri Ponente, is 278 meters long and 38 meters wide.