Thursday, January 27, 2022
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claiborne

Video: OSV Strikes a Working Coast Guard Buoy Tender Twice

Published Jan 26, 2022 10:17 PM by The Maritime Executive

A newly-released video shows a collision between an OSV and a U.S. Coast Guard buoy tender in Sabine Pass, shortly after the passage of Hurricane Delta in 2020. Though the casualty happened 15 months ago, it appears to be the first time that the video and accompanying documentation have been published.  On October 11, 2020, two days after Delta made landfall in Louisiana, the U.S. Coast Guard buoy tender Harry Claiborne transited from Galveston to Sabine Pass, where her crew set to...

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racing technology to improve performance of offshore support vessels

Creating OSVs Using Racing Technology for Improved Operations 

Published Jan 26, 2022 7:57 PM by The Maritime Executive

The demands on the offshore wind supply chain are mounting as more wind farms are being built that are both larger and further offshore. Designers are looking to make the vessels both more versatile as well as better suited to meet market challenges. The latest developments for the sector seek to tap the technologies created in the racing sector to improve the next generation of support vessels. Chartwell Marine, which is designing next-generation vessels for the offshore wind support sector,...

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container rates remain volatile in 2022 with charters moving higher

Container Rates Continue to Fluctuate While Charters Move Higher

Published Jan 26, 2022 7:11 PM by The Maritime Executive

Container shipping rates continue to be highly volatile as the industry moves towards a traditionally slower period during the Lunar New Year celebrations and a traditional easing of volumes in the subsequent months before it increases as the industry moves toward summer. While there have been signs in recent weeks of an easing on Pacific spot rates to the United States, charters of box ships are now reported to again paying record increases continuing the wild fluctuations be seen in...

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stolt nielsen

CEO of Top Chemical-Tanker Firm Stolt-Nielsen Plans to Step Down

Published Jan 26, 2022 7:00 PM by The Maritime Executive

Niels G. Stolt-Nielsen, the chief executive officer of the firm that bears his name, has announced his plans to step down from his role. In a statement, the firm said that he will continue as CEO and as a director on the firm's board until a successor has been named.  The firm's plan is that once a suitable replacement is found, Mr. Stolt-Nielsen will become the chairman of the board, subject to shareholder approval, replacing Samuel Cooperman. Cooperman, who has...

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Offshore

racing technology to improve performance of offshore support vessels

Creating OSVs Using Racing Technology for Improved Operations 

The demands on the offshore wind supply chain are mounting as more wind farms are being built that are both larger and further offshore. Designers are looking to make the vessels both more versatile as well as better suited to meet market challenges. The latest developments for the sector seek to tap the technologies created in the racing sector to improve the next generation of support vessels. Chartwell Marine, which is designing next-generation vessels for the offshore wind support sector,...

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Shipbuilding

containership construction

Containership Orders at Record Levels with New Order Linked to MSC  

After a record year for containership construction orders, 2022 is starting strong with China reporting a first large order. The contract reported by Dalian Shipbuilding Industry, a subsidiary of China State Shipbuilding Corporation (CSSC), also is the latest convergence of two trends in shipbuilding, containerships and LNG-fueled ships. DSIC reported that it has entered into a construction contract for six dual-fuel containerships with “a well-known European shipowner.” The order is being linked to Mediterranean Shipping Company, which was moving aggressively...

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Environment

Intertanko supports amendments to EU ETS proposal to include charterers

Intertanko Supports EU ETS Amendments Breaking with Container Shipping

Intertanko, the International Association of Independent Tanker Owners trade association, announced its support for the proposed amendments that are being discussed by the European Commissions for the pending European Union’s Emissions Trading Scheme. Breaking with other parts of the shipping industry which have been critical of the proposed changes, Intertanko accepts the inclusion of charterers as responsible parties and the introduction of a fund but calls for the monies to be dedicated to the shipping industry’s needs. The EC is...

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Business

stolt nielsen

CEO of Top Chemical-Tanker Firm Stolt-Nielsen Plans to Step Down

Niels G. Stolt-Nielsen, the chief executive officer of the firm that bears his name, has announced his plans to step down from his role. In a statement, the firm said that he will continue as CEO and as a director on the firm's board until a successor has been named.  The firm's plan is that once a suitable replacement is found, Mr. Stolt-Nielsen will become the chairman of the board, subject to shareholder approval, replacing Samuel Cooperman. Cooperman, who has...

Continue Reading...