Container shipping firms MSC Mediterranean Shipping Company (MSC) and Maersk have mutually agreed to terminate, effective in January 2025, their 2M alliance.2M is a container shipping line vessel sharing agreement (VSA) introduced in 2015 " with the aim of ensuring competitive and cost-efficient operations on the Asia-Europe, Transatlantic and Transpacific trades.
As we enter the final month of 2022, a review of the floating production system (FPS) market revealed that some E&Ps have been bold with investments in the development of their oil and gas (O&G) reserves, with a total of 1.9 mmboepd (1.3 mmbpd of oil and 3.8 bcfd of gas) of FPS throughput capacity sanctioned year to date (YTD).
The November edition of Marine News magazine highlighted the most notable newbuilds delivered in 2022. From sturdy and nimble workboats, to the first new Jones Act laker in a generation, each vessel on display showcases the industry’s engineering prowess and technological ingenuity, with the focus on improving efficiency in operations.
MAN Energy Solutions has announced the launch of its MAN 49/60DF engine type at the SMM trade fair in Hamburg. The latest addition to its four-stroke engine portfolio, the dual-fuel engine is capable of running on LNG, diesel and HFO as well as a number of more sustainable fuels including biofuel blends and synthetic natural gas.
The Interlake Steamship Company held a christening ceremony in Cleveland on Thursday for its new vessel, Mark W. Barker, the first U.S.-flagged freighter built on the Great lakes in nearly four decades.“This is truly a historic celebration for our company and for the United States maritime industry as we proudly christen the newest vessel to join the U.S.
The newly built Mark W. Barker, the United States' first new Great Lakes bulk carrier in nearly 40 years, has embarked on its maiden voyage from Fincantieri Bay Shipbuilding in Sturgeon Bay, Wis.“This is a monumental day for our company and the U.S. flag fleet as our much-anticipated freighter departs on her first voyage in what will be a long life of service on the Great Lakes,” said Mark W.
ClassNK issued an Approval in Principle (AiP) for an ammonia floating storage and regasification barge (A-FSRB) jointly developed by NYK Line, Nihon Shipyard Co., Ltd. (NSY), and IHI Corporation (IHI), reportedly the world's first AiP for A-FSRBs handling ammonia as cargo.Ammonia, which does not emit CO2 during combustion
The integrity of the marine transportation system as a key plank in a country's economic prosperity is in heightened focus today, with logistics snarls contributing to fast rising inflation. Maintaining the integrity of the vast U.S. inland waterway system - with more than 12,000 miles of inland and intracoastal waterways including 218 lock chambers at 176 sites - is the focus of the Maritime
A barge has gone adrift and ran aground near the Packery Channel in Corpus Christi, Texas on Thursday.The U.S. Coast Guard said it received a call at 7:45 a.m. from a driver on Texas State Highway 361 stating they saw an adrift barge floating in the Packery Channel between the boat ramp and the jetties. The barge was loaded with rocks and drifting outbound.
In producing a column for the Marine Design issue, I considered a number of subjects, but in starting to write about them, somehow my mind connected to “Beam is Cheap.” I have a faint memory of being made aware of this during a discussion of a ship design by a design luminary very early in my career, but I don’t remember who it was.
Louisiana shipbuilding group Bollinger Shipyards has been humming along building Fast Response Cutters for the U.S. Coat Guard, and this week marked a milestone with its 50th FRC delivery, the USCGC William Chadwick, officially handed over on Thursday in Key West, Fla.“It’s incredibly meaningful that we could deliver the 50th FRC, the USCGC William Chadwick
A Chinese intelligence ship was tracked off Australia's west coast within 50 nautical miles of a sensitive defense facility, Australia said on Friday, raising concern amid an election campaign about China's behavior in the region.Prime Minister Scott Morrison said the Chinese navy vessel was not in Australian territorial waters but its presence was "concerning".