For almost three months now, the spot freight rate for containerized goods shipped by sea from North Europe to the U.S. East Coast has been 210% higher than last year (July 1 – September 23), according to shipping organization BIMCO.It wasn’t until Apr...
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New Fortress Energy Charters Höegh Gallant FSRU
Höegh LNG Partners has entered into an agreement with a subsidiary of New Fortress Energy for the charter of the Höegh Gallant for FSRU operations for a period of ten years, with a planned start-up during the fourth quarter of 2021. New Fortress…
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UK: First Steel Cut for First Type 31 Frigate HMS Venturer
First steel was cut Thursday for the first of the UK Royal Navy’s five new Type 31 frigates, HMS Venturer.The historic ceremony took place at Babcock's factory in Rosyth, Scotland, where the Type 31 Inspiration class ships are being constructed."The…
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ABS Awards AIP for Ned Project’s Hydrogen-ready WTIV Design Aimed for U.S. Offshore Wind Market
Classification society American Bureau of Shipping (ABS) has granted its Approval in Principle (AIP) to Ned Project Inc. for its hydrogen-ready wind turbine installation vessel (WTIV) design.The NP20000X ULAM design is intended to be Jones Act…
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Puget Sound Pilots Welcomes New Executive Director
The Puget Sound Pilots are pleased to announce the hiring of Charles Costanzo as Executive Director.Costanzo joins Puget Sound Pilots after over a decade at The American Waterways Operators where he served as General Counsel and Vice President…
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JAX LNG and TOTE Complete US’ First Renewable LNG Bunkering
JAX LNG, a small-scale LNG facility located along the St. Johns River in Jacksonville, Fla., recently completed the first fueling of a marine vessel in the United States with a blend of liquefied natural gas (LNG) and renewable LNG (RLNG).JAX…
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McAllister Towing Orders Two New Tier 4 Tugs
McAllister Towing announced on Thursday it has signed a contract for the construction of two new tugs to be built at Washburn & Doughty Associates (W&D) in East Boothbay, Maine, with an option for two additional vessels.The 93- by 38-foot tractor tugs ...
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Arctic Shipping Requires New Ways to Manage Risks
In February 2021, LNG carrier Christophe de Margerie, escorted by a nuclear icebreaker, became the first large-capacity cargo vessel to transit the eastern sector of the Northern Sea Route (NSR). The voyage demonstrated that year-round safe…
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Kongsberg Digital Appoints New VP of Strategy
Kongsberg Digital is pleased to announce the appointment of Benedicte Willumsen Grieg to a newly created position as Vice President, Strategy. Willumsen Grieg will be part of the management team, reporting to Hege Skryseth. She will work to support the...
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Synergy to Take Over Maersk Tankers’ Technical Management Business
Synergy Marine Pte. Ltd., a subsidiary of ship manager Synergy Group, will take over Maersk Tankers’ technical management business.“Maersk Tankers has been transformed from a traditional tanker company into a service company over the past few years,” s...
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