New marine fuel rules to boost diesel prices for at least a year -analystsGlobal prices for diesel and marine fuels should rise by October ahead of a January switchover to new, very low-sulfur marine fuels, and remain higher for at least a year as refiners shift production to make more of the new fuels, analysts said.Marine fuels containing no more than 0.5% sulfur by weight, down from the 3.
The U.S. towing and tug business is 5,500 boats, more than 31,000 barges with an estimated total impact on U.S. GDP of $33.8 billion.“At a macro level, the bigger ships are causing downward pressure on the ship assist business because there are fewer ship calls given the increased capacity of these vessels.
The Federal Bureau of Investigation is not taking appropriate steps to review and assess potential maritime terrorism risks facing U.S. sea ports, the Justice Department's internal watchdog has found.The audit, released on Thursday by Inspector General Michael Horowitz, found that while top FBI officials believe the country faces a low maritime terrorism threat
Croatia's largest shipbuilder Uljanik, which is trying to attract investors to stay afloat, extended a due diligence process until late next week after drawing the interest of potential strategic partners.Croatia's Economy Minister Darko Horvat said four potential investors were looking at Uljanik's business data and another company was also interested, but did not elaborate.
German shipping line Hapag Lloyd said on Friday that it was trying to extinguish a fire on its Yantian Express container vessel off Canada's east coast but was being hampered by bad weather.A spokesman for Hapag Lloyd said the fire broke out on Thursday in a container on deck and spread to some other containers on the vessel, but the cause was not yet known.
MarineNews showcases the ten best of North America’s 2018 workboat deliveries. Domestic shipyard production is robust, innovative and getting greener. And, that translates into two kinds of ‘green.’As the domestic offshore energy support sector slowly awakens, other sectors have been happy to take the spotlight in its absence.
US authorities announced that South Korea's top shipbuilding conglomerate Hyundai Heavy Industries (HHI) will pay a US$47 million fine for illegally importing and selling dirty diesel engines in violation of American environmental rules.US Justice Department and and the U.S. Environmental Protection Agency (EPA) said that between 2012 and 2015, the company imported nearly 2
Eastern Shipbuilding Group, Inc. has announced the delivery of the Escort/Rescue Z-Drive Tug Ava M. McAllister for McAllister Towing, Inc. on May 31, 2019. This Escort/Rescue Z-Drive Tug design is provided by Jensen Maritime Consultants and is issued a USCG Sub-M Certificate of Inspection (COI). The vessel arrived at Eastern in 2018.The Ava M.
About 150 people are missing after a boat sunk on a lake in eastern Democratic Republic of Congo, President Felix Tshisekedi said on Tuesday."I am very saddened by the shipwreck of a pirogue on (Monday) April 15 on Lake Kivu. The provisional toll is 150 people missing," Tshisekedi said on his office's Twitter account.
Eastern Shipbuilding Group has announced the launch of the Escort/Rescue ZDrive Tug CAPT. JIM McALLISTER for McAllister Towing on March 19, 2019.This Escort/Rescue Z-Drive Tug design provided by Jensen Maritime Consultants is currently under construction at Eastern’s Allanton facility. The vessel is scheduled to deliver later in 2019.
McAllister Towing selected Schottel to provide propulsion units for a new-built escort and harbor tug. The tug, under construction at Washburn & Doughty, will feature a pair of Schottel type SRP 490 Rudderpropellers with an input power of 2,525 kW each, delivering an expected bollard pull of about 82 tons.
Florida-based shipbuilder Eastern Shipbuilding Group announced the launch of the Escort/Rescue ZDrive Tug Ava M. McAllister for McAllister Towing & Transportation Company, Inc. on December 7, 2018, 58 days after Hurricane Michael devastated the Florida Panhandle.The family held shipbuilding company said in a press note that this Escort/Rescue Z-Drive Tug design provided by Jensen Maritime