The OSV sector will be reliant on a hitherto unseen amount of scrapping to balance the market, writes Gregory Brown, Associate Director – Offshore, Maritime Strategies InternationalThere is a consensus that an OSV market recovery will only be driven a supply side rationalization. As well as a lack of newbuild activity
The Grimaldi Group said it signed an order contract worth more than $500 million for the construction of six new ro/ro multipurpose vessels at Hyundai Mipo Dockyard Co. Ltd (Ulsan) in South Korea.With a length of 250 meters, a beam of 38 meters and a deadweight of 45,684 tonnes, the six newbuilds are expected to be delivered for Grimaldi's Neapolitan Group between the first months of 2023 and
Three people were rescued from a 71-year-old tugboat that sank south of Puerto Rico on Thursday.The U.S. Coast Guard said its watchstanders at Sector San Juan fielded a mayday call from the crew of the 112-foot U.S.-flagged tug Proassist III, stating they were taking on water approximately two miles south of Yabucoa Harbor.
Genco Shipping & Trading has entered into an agreement to acquire three modern, eco Ultramax bulk carriers in exchange for six older Handysize vessels, the largest U.S. headquartered dry bulk shipowner announced Monday. The transaction with an unnamed trading partner is structured as an asset swap without monetary consideration or additional capital required.
A Royal Caribbean “cruise-to-nowhere” from Singapore began disembarking its nearly 1,700 passengers who were confined to their cabins for more than 16 hours on Wednesday after a COVID-19 case was detected onboard, forcing the ship back to port.All passengers aboard the Quantum of the Seas had cleared a mandatory polymerase chain reaction (PCR) test for the virus up to three days before the
Nearly 1,700 passengers on a Royal Caribbean ‘cruise-to-nowhere’ from Singapore remained confined in their cabins for more than 14 hours on Wednesday after a COVID-19 case was detected on board, forcing the ship back to port.All passengers aboard the Quantum of the Seas vessel had cleared a mandatory polymerase chain reaction (PCR) test for the virus up to three days before the four-day cruise
A third crewman from a cargo ship that capsized this week off the coast of Japan with more than 40 crew and some 6,000 cattle on board was found alive on Friday after he was spotted by a search plane, Japan's coastguard said.The man, 30-year-old Filipino Jay-nel Rosals, was found on a liferaft waving for help 2 km (1.
An ailing crew member has been medevaced from a bulk carrier 230 nautical miles south of New Orleans, Tuesday, the U.S. Coast Guard said.Coast Guard District Eight watchstanders received a request at 4:05 a.m. for the medevac of a 53-year-old man showing signs of a possible heart attack.
Canadian ferry operator BC Ferries said its newest vessel, Island Aurora, officially entered service Thursday on the Port McNeill - Alert Bay - Sointula (Vancouver Island-Cormorant Island-Malcolm Island) route. This follows last week’s start of service for sister vessel Island Discovery on the Texada Island-Powell River run.
Nearly 50 crew members on an Italian cruise ship docked for repairs in Japan's Nagasaki have tested positive for the new coronavirus, raising concern about the strain on the city's hospitals if conditions worsen for those infected. Results on Thursday showed 14 more aboard, all either cooks or those serving food, were infected with the virus, an official in Nagasaki prefecture said.
The century-old Amsterdam canal boat Gerarda Johanna looks like a classic with wood paneling, but beneath its floorboards lies a high-tech underbelly: rows of lithium ion batteries, 66 in all, with an electric drive train powering its propeller.The boat is part of a push by Amsterdam’s new Green Party mayor to ban diesel engines from the center’s ancient canals by 2025
A man who had been aboard the Diamond Princess cruise ship and was infected with coronavirus has died, bringing the death toll from the ship to seven, Japanese public broadcaster NHK said on Saturday.The man was not Japanese, NHK said, without giving details of his nationality or age. That would make him the second foreigner from the ship to die, after a British man died last month.