Tuesday, September 28, 2021

Costco charters containerships sailing from Asia

Costco Charters Ships to Manage Asian Supply Chain and Costs

gazprom-neft shelf

OFAC Settles With Cameron Int'l for Russian Offshore Sanctions Breach

Published Sep 27, 2021 6:55 PM by The Maritime Executive

The U.S. Treasury has reached a settlement agreement with drilling equipment maker Cameron International over apparent violations of U.S. sanctions on Russia's Arctic offshore oil industry. After Russia invaded and occupied Ukrainian Crimea in 2014, the Obama administration imposed stiff sanctions on certain sectors of the Russian energy economy. The measures forbid U.S. persons from selling goods, services or technology for use in Russian deepwater, Arctic offshore or shale projects. This swiftly shut down Russian oil companies' access to American...

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plan to make New York City hub for offshore wind energy sector

New York City Plans 15-Year $191M Investment for Wind Infrastructure

Published Sep 27, 2021 5:50 PM by The Maritime Executive

New York City is planning an ambitious 15-year, $191 million Offshore Wind Vision (OSW) program designed to make the region a leading destination for the offshore wind industry. The program aims to create 13,000 jobs and generate $1.3 billion in average annual investment while helping the city meet its goal of 100-percent clean electricity by 2040 and carbon neutrality by 2050. Under the plan detailed by Mayor Bill de Blasio and New York City Economic Development Corporation (NYCEDC), New York...

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plans for U.S. wind farm installation vessel as company repositions to wind energy sector

Norway’s Havfarm Plans U.S. Wind Installation Vessel

Published Sep 27, 2021 5:21 PM by The Maritime Executive

Norway’s Havfarm continues its efforts to reformulate its business to increase its emphasis like other companies on the emerging offshore wind sector. The company said it is finalizing an order for a large wind turbine installation vessel. The company is also targeting entry into the U.S. market to take advantage of the planned wind farms around the United States. Havfram plans to build a jack-up installation vessel that will have the capacity to operate on zero-emission fuels. The company said...

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first LNG bunkering in Le Harve

First LNG Bunkering Completed at Le Havre for Expedition Cruise Ship

Published Sep 27, 2021 4:14 PM by The Maritime Executive

The first LNG bunker operation in the port of Le Havre, France was completed last week. It also marked the expansion of Gasum’s network to France. The energy company highlighted the expansion noting that Le Havre is the second-largest commercial port and the largest container port in France. Gasum delivered the LNG to the French luxury cruise operator La Compagnie du PONANT for the company’s newly built polar explorer cruise ship, Le Commandant Charcot. The bunkering operations were conducted on...

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shipping

Low Profile

When Ralph Ellison wrote Invisible Man back in 1952, he might as well have been talking about the shipping industry. In describing the plight of black Americans as “invisible” and ignored by society, he inadvertently described the status of today’s seafarer and shipping in general. Then in 2013 Rose George wrote a book called Ninety Percent of Everything, an instant bestseller that got people’s attention, coined a new phrase and demonstrated shipping’s centrality in the global economy. Most of you...

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st. simons sound

Golden Ray Salvage Edges Closer to an End With Second-to-Last Hoist

On Sunday, salvors lifted and removed the second-to-last segment of the wrecked ro/ro Golden Ray from St. Simons Sound, Georgia. Just one section remains before the end of the giant wreck removal project, which is on track to become one of the most expensive projects of its kind in the industry's history. The section lifted Sunday was damaged during the vessel's grounding in 2019, and salvors decided to modify the barge system for carriage before loadout. Special holding cradles were...

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outlaw ocean project

China's Illicit Squid Fishery Has Deadly Impact on North Korea

[This article originally appeared on NBC News and appears here courtesy of The Outlaw Ocean Project] The battered wooden “ghost boats” drift through the Sea of Japan for months, their only cargo the corpses of starved North Korean fishermen whose bodies have been reduced to skeletons. In 2019, more than 150 of these macabre vessels washed ashore in Japan, and there have been more than 500 in the past five years. For years the grisly phenomenon mystified Japanese police, whose...

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violent attack on vessel in Gabon

Indian Ship Manager Confirms Violent Attack on OSV in Gabon

Additional information came out regarding the attack on an OSV in Gabon over the weekend. Details suggest that, unlike typical piracy attacks, the vessel may have been targeted with local authorities investigating people that were hired onshore to provide services to the vessel in the anchorage. Family members of the crew along with a representative of the management company Proactive Ship Management based in Mumbai speaking to the Indo-Asian News Service confirmed the violent nature of the attack. The boarders...

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China completes strutural construction of first cruise ship

China Completes Structural Assembly for its First Large Cruise Ship

Construction of China’s first domestically built large cruise ship marked a key milestone in mid-September as structural work was completed. Assembly for the 135,500 gross ton cruise ship began in November 2020 with construction scheduled to be completed in 2023. The cruise ship is being built at China State Shipbuilding Corporation’s Shanghai Waigaoqiao Shipbuilding Co. for a joint venture between CSSC and Carnival Corporation. It marks the first large cruise ship to be built in China. Fincantieri is advising the...

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cai mep

Vietnam's Ports Set New Records Amidst Container Surge

Despite disruption from lockdown measures over the summer, Vietnam’s seaports have handled in excess of 537 million tons of goods in the first nine months of the year - a three percent year-on-year rise, according to new data released by the Vietnam Maritime Administration. The country's containerized cargo is mostly handled through major ports in southern Vietnam, and it maintained a double-digit growth rate of 15 percent compared to the same period last year, reaching 18.6 million TEU. Exports were estimated...

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shipping

Low Profile

When Ralph Ellison wrote Invisible Man back in 1952, he might as well have been talking about the shipping industry. In describing the plight of black Americans as “invisible” and ignored by society, he inadvertently described the status of today’s seafarer and shipping in general. Then in 2013 Rose George wrote a book called Ninety Percent of Everything, an instant bestseller that got people’s attention, coined a new phrase and demonstrated shipping’s centrality in the global economy. Most of you...

Continue Reading...

st. simons sound

Golden Ray Salvage Edges Closer to an End With Second-to-Last Hoist

On Sunday, salvors lifted and removed the second-to-last segment of the wrecked ro/ro Golden Ray from St. Simons Sound, Georgia. Just one section remains before the end of the giant wreck removal project, which is on track to become one of the most expensive projects of its kind in the industry's history. The section lifted Sunday was damaged during the vessel's grounding in 2019, and salvors decided to modify the barge system for carriage before loadout. Special holding cradles were...

Continue Reading...

outlaw ocean project

China's Illicit Squid Fishery Has Deadly Impact on North Korea

[This article originally appeared on NBC News and appears here courtesy of The Outlaw Ocean Project] The battered wooden “ghost boats” drift through the Sea of Japan for months, their only cargo the corpses of starved North Korean fishermen whose bodies have been reduced to skeletons. In 2019, more than 150 of these macabre vessels washed ashore in Japan, and there have been more than 500 in the past five years. For years the grisly phenomenon mystified Japanese police, whose...

Continue Reading...

violent attack on vessel in Gabon

Indian Ship Manager Confirms Violent Attack on OSV in Gabon

Additional information came out regarding the attack on an OSV in Gabon over the weekend. Details suggest that, unlike typical piracy attacks, the vessel may have been targeted with local authorities investigating people that were hired onshore to provide services to the vessel in the anchorage. Family members of the crew along with a representative of the management company Proactive Ship Management based in Mumbai speaking to the Indo-Asian News Service confirmed the violent nature of the attack. The boarders...

Continue Reading...

China completes strutural construction of first cruise ship

China Completes Structural Assembly for its First Large Cruise Ship

Construction of China’s first domestically built large cruise ship marked a key milestone in mid-September as structural work was completed. Assembly for the 135,500 gross ton cruise ship began in November 2020 with construction scheduled to be completed in 2023. The cruise ship is being built at China State Shipbuilding Corporation’s Shanghai Waigaoqiao Shipbuilding Co. for a joint venture between CSSC and Carnival Corporation. It marks the first large cruise ship to be built in China. Fincantieri is advising the...

Continue Reading...

cai mep

Vietnam's Ports Set New Records Amidst Container Surge

Despite disruption from lockdown measures over the summer, Vietnam’s seaports have handled in excess of 537 million tons of goods in the first nine months of the year - a three percent year-on-year rise, according to new data released by the Vietnam Maritime Administration. The country's containerized cargo is mostly handled through major ports in southern Vietnam, and it maintained a double-digit growth rate of 15 percent compared to the same period last year, reaching 18.6 million TEU. Exports were estimated...

Continue Reading...

floating offshore wind

Portuguese Floating Wind Farm Shows Better-Than-Expected Results

Portuguese utility EDP Renewables has good news about its WindFloat Atlantic floating offshore wind farm, the first project of its kind with semi-submersible platform bases. In its first full year of operation, WndFloat Atlantic's three turbines produced 75 GWh of electricity, exceeding expectations for the pre-commercial scale development. "The project has performed well above expectations. It has registered high levels of availability and a production that has exceeded expectations for many months," said EDPR project director said José Pinheiro. "We...

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Bollinger Shipyards

Bollinger Reopens All 11 Yards After Hurricane Ida

Hurricane Ida significantly impacted Southern Louisiana's maritime industry, including Bollinger Shipyards, which operates 11 sites across the state. Bollinger says that its yards in Port Fourchon, Larose, Lockport, and Houma suffered significant damage from the Category 4 storm, tied for the title of most powerful on record in Louisiana. "Each year brings a new storm season, and with it, its own unique set of challenges – this year has been no different. But to know our workers is to understand...

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ubc

The Tough Start and Groundbreaking Career of UBC's Dr. Daniel Pauly

Dr. Daniel Pauly is the world’s most-cited fisheries scientist, but life for the UBC professor has been far from easy. The biracial son of a French woman and an American GI, he was born in Paris and kidnapped as a child to be a live-in servant for a Swiss family. He escaped to Germany at 17 and put himself through high school by attending evening classes after a full day’s work. Dr. Pauly went on to blow the whistle on...

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demere

Christian Demere, President & CEO, Colonial Group

Congratulations on your appointment as President & CEO last December! Were you groomed from the beginning to someday take over the company founded by your great-grandfather? No, I was never groomed to take over. My mother came from a very humble background, and my father was very sensitive to any notions of entitlement. For someone who’s experienced the kind of success he has, he still cuts his own grass, drives cars until they won’t run anymore and fixes everything himself....

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