Supply chain issues tied to liner shipping have been front page news throughout 2021; just about everyone agrees that there’s a problem. The underlying cause is right out of Economics 101: a surge in demand for moving containerized cargo, in the face of “inelastic” throughput capacity (which includes vessels and their landside interfaces to surface transportation
The Biden administration's sale of offshore wind development rights off the coasts of New York and New Jersey drew a record $4.37 billion in high bids from developers that included major European energy companies.The auction, which began on Wednesday and stretched into Friday afternoon, is the first offshore wind lease sale under U.S.
China Classification Society (CCS) is reporting the successful surveying of the world’s first 100,000 DWT deep-water semi-submersible floating production storage and offloading installation (FPSO).Dubbed Shen Hai Yi Hao, the platform is formally commencing production after being installed at the Lingshui (LS) 17-2 gas field in the South China Sea following an announcement by Wang Dongjin
Mitsui O.S.K. Lines, Ltd. (MOL) announced it recently completed a concept study on an ammonia/liquefied CO2 carrier intended to flexibly meet future demand for transport of liquefied CO2 and ammonia transport. The Japanese shipping company said it worked with the Mitsubishi Heavy Industry (MHI) Group's Mitsubishi Shipbuilding Co., Ltd. on this research.
A new 168-foot double-ended passenger, truck and automobile ferry has been launched for service on Lake Erie.Designed by TAI Engineers, LLC and built in Houma, La. by Thoma-Sea Marine Constructors, LLC (TMC), the new ferry Carmen Lee is expected to enter service in early 2022 for a partnership between the Lorain Port Authority (LPA) and Kelleys Island Ferry Boat Line in Ohio.
South Korean subsea cable firm LS Cable & System said Wednesday it would soon acquire the largest submarine cable laying barge in Korea, targeting offshore wind opportunities."LS Cable & System is planning to strengthen its position in the submarine cable business through the acquisition of its first submarine cable laying barge, the 8,000-ton GL2030
ClassNK granted its notation indicating that the vessel is provided with the cutting edge hull monitoring system, for Dream Clover, a 211,000-dwt bulk carrier which was built by Japan Marine United Corporation for Daiwa Kisen Co., Ltd., and to be chartered by NYK Line (delivery date: July 28, 2021). The vessel is marked with the first DSS (Hull Monitoring) on its notation in ClassNK’s registry.
Alfa Laval reports it is experiencing increased demand for solutions related to liquefied petroleum gas (LPG) as fuel, having seen notable orders for the Alfa Laval FCM LPG in recent months as the marine industry focuses on decarbonization. The low-flashpoint fuel supply system (LFSS) that can work seamlessly with LPG cargo handling systems.