This week at MarineLink…The IMO 2020 Sulfur Cap essentially ushered in a new type of fuel - VLSFO. With it came the engine problems caused by off-spec or incompatible fuels as producers grappled with the requirement for providing a sulfur content not exceeding 0.05%. As pointed out in Lloyd’s Register’s 2024 Fuel Quality Report, persistent issues involving cat fines, stability
Faced with an aging fleet, the Woods Hole, Martha’s Vineyard and Nantucket Steamship Authority has turned to converted offshore support vessels (OSV) to breathe new life into its ferry operations.The operator announced its purchase of the OSVs HOS Shooting Star and HOS Lode Star from Hornbeck Offshore Services in 2022, to replace its open-deck freight vessels Gay Head and Katama
An arbitration panel that will decide a high-profile clash between Exxon Mobil and Chevron will delve into the secret value of Hess' oil riches in Guyana, people familiar with the matter said.Chevron last October offered to pay $53 billion for Hess, one of the two biggest deals in the largest wave of consolidation in the oil industry in decades.
A U.S. federal court has charged three men, including two Iranian brothers and a Pakistani national, for an attempt to smuggle Iranian weapons that would be used by Houthi rebels for attacks on maritime shipping.According to the court documents, Shahab Mir’kazei and Yunus Mir’kazei work for Iran’s Islamic Revolutionary Guard Corps, while Muhammad Pahlawan
Danish shipping giant A.P. Moller - Maersk recently named the world's second large methanol-enabled container vessel, Astrid Mærsk, during a ceremony in Yokohama, Japan.The ship is the second of Maersk’s 18 large methanol-enabled vessels, scheduled for delivery between 2024 and 2025, as the company works toward its net-zero targets and supports customers in achieving their decarbonization goals.
The world’s first large methanol-enabled container ship has been named Ane Mærsk at a ceremony in the shipyard of HD Hyundai Heavy Industries in Ulsan, South Korea.The 16,000 TEU vessel is named after Ane Mærsk Mc-Kinney Uggla, the Chair of the A.P. Moller Foundation and A.P. Moller Holding.
Bisso Towboat Co., Inc. officially christened the M/V Mr. Brian on December 5, 2024, on the Mississippi River while docked at Woldenburg Riverfront Park at the Audubon Aquarium of the Americas.The Mr. Brian is a 100’ x 38’ x 13.5’ ASD Tractor Tugboat and was officially christened with a bottle breaking at 5:00 pm followed by a reception at the Audubon Aquarium - River Terrace Room.The Mr.
Orient Overseas Container Line Co., Ltd. (OOCL) today celebrated the naming of the company's twelfth 24,188 TEU newbuilding at a ceremony held at Nantong COSCO KHI Ship Engineering Co., Ltd. (NACKS) shipyard. The new vessel, named OOCL Portugal, is the last in the 24,188 TEU eco-friendly mega vessel series.
Six people were rescued after abandoning their fire-stricken fishing vessel off the U.S. East Coast, Sunday, the U.S. Coast Guard said.At 8:56 p.m., Coast Guard Sector Northern New England command center watchstanders received a mayday call from the 81-foot trawler Three Girls stating that the vessel was ablaze and the captain
Dutch offshore installation firm Van Oord has secured a contract from RWE for the transport and installation of monopile foundations for the Nordseecluster offshore wind project in Germany.This project will be the first project for the Van Oord’s brand-new offshore installation vessel Boreas, which is currently under construction.
Global oil benchmark Brent on Tuesday rose above $89 a barrel for the first time since October, albeit briefly, as oil supplies faced fresh threats from Ukrainian attacks on Russian energy facilities and escalating conflict in the Middle East.Brent futures for June delivery were up $1.35, or 1.5%, at $88.76 a barrel by 11:40 a.m. EDT (1540 GMT) after touching a peak of $89.08.U.S.
Esgian reports shifts in demand in its Week 13 Rig Analytics Market Roundup.Report overview:ContractsADES has received a Letter of Intent (LOI) from PTTEP Energy Development Company Limited for an 18-month jackup drilling contract in the Gulf of Thailand. Operations are expected to begin in the second half of 2024, with an unspecified jackup.