Sunday, January 23, 2022
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vaccine

Ghana Withdraws Mandatory Vaccination Order for Foreign Seafarers

Published Jan 21, 2022 9:31 PM by The Maritime Executive

Authorities in Ghana have been forced to withdraw a mandatory vaccination policy for seafarers entering the country over concerns that shipping lines will skip its ports, which would have potentially undermined its position as a shipping gateway for West Africa. Ghana, which has managed to vaccinate 16 percent of its population, had witnessed a surge in infections at the beginning of the year with daily infection numbers averaging 770. As a risk-reduction measure, the Ghana Port Health Service (GPH) issued...

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Recruits

Join the Navy, See the World - And Get a $50,000 Enlistment Bonus

Published Jan 21, 2022 9:20 PM by The Maritime Executive

Facing the same competitive hiring market as all American employers, the U.S. Navy is upping its enlistment bonuses to attract high-quality recruits. For those who qualify for high-demand ratings, the money can be big - up to a maximum of $50,000.  The average enlisted sailor won't see those numbers, as the maximum bonus for most ratings is just $4,000 in exchange for an early shipping date. Nuclear technician recruits are the only specialists who will be able to max out the...

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world's first hydrogen shipment to load in Australia for Japan

Japanese Vessel in Australia to Load World’s First Hydrogen Shipment

Published Jan 21, 2022 9:05 PM by The Maritime Executive

The world’s first liquefied hydrogen carrier, the Suiso Frontier, arrived in Victoria, Australia on the first leg of its historic maiden voyage. The vessel left Japan in December, and after avoiding bad weather delayed its arrival at Port of Hastings, is now set to load its first shipment of liquified hydrogen as part of a demonstration project undertaken by Japan’s Hydrogen Energy Supply Chain (HESC) Pilot Project. During the pilot project, 99.999 percent pure hydrogen has been produced from Latrobe Valley...

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wave energy

MOL Seeks to Develop Wave Energy for Japan Through Bombora Investment 

Published Jan 21, 2022 7:54 PM by The Maritime Executive

Japan shipping company Mitsui O.S.K. Lines moved to expand its partnership that is developing wave energy through an investment in Bombora Wave Power. MOL reports that it has been working with the company for 18 months and is making the investment in Bombora to support its technology and global opportunity. MOL has previously worked with Bombora for the development of a wave energy project to be installed in Mauritius as part of the shipping company’s commitments to the island nation...

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Offshore

2021 Record offshore wind capacity growth and vessel orders

Clarksons: Record Growth in Wind Generation and Vessel Orders in 2021

2021 was a record year in the development of the offshore wind power generation industry. Clarkson Research is reporting that not only were there a record number of start-ups, increasing global capacity to its highest levels, but that it also spurred a record newbuild investment for the ships required to execute the plans. Steve Gordon, Managing Director of Clarksons Research commented that 2021 saw “further record capacity growth for offshore wind as it continues to play a vital role in...

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Shipbuilding

Russia's first LNG icebreaker

Russia’s First LNG-Fueled Icebreaker to be Built at Helsinki Shipyard

Preparations are beginning for the construction of Russia’s first LNG-fueled icebreaker. The vessel, which will also be the largest and most powerful diesel-electric icebreaker ever built in Finland, will be operated for mining giant Norilsk Nickel to support further expansion of shipping on Russia’s North Sea Route. Helsinki Shipyard confirmed that along with Aker Arctic Technology efforts have begun in advance of construction which is expected to commence in the summer of 2022. Norilsk says the vessel is an important...

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Environment

wave energy

MOL Seeks to Develop Wave Energy for Japan Through Bombora Investment 

Japan shipping company Mitsui O.S.K. Lines moved to expand its partnership that is developing wave energy through an investment in Bombora Wave Power. MOL reports that it has been working with the company for 18 months and is making the investment in Bombora to support its technology and global opportunity. MOL has previously worked with Bombora for the development of a wave energy project to be installed in Mauritius as part of the shipping company’s commitments to the island nation...

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Business

Genting Hong Kong files insolvency bankruptcy reoganization

Genting Hong Kong Files Bankruptcy to Prevent "Disorderly Liquidation"

Genting Hong Kong filed today for the provisional liquidation on the company after reporting that it had exhausted its negotiations and had no further access to liquidity. The company reported that it expects its cash balances to “run out” by the end of January and that it was taking these steps to protect against possible defaults and claims by creditors.  “As the company and the group have no access to any further liquidity under any of group’s debt documents,” Genting...

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