The Baltic Exchange's dry bulk sea freight index touched a one-week high on Tuesday, supported by gains in the capesize vessel segment.The overall index, which factors in rates for capesize, panamax, and supramax shipping vessels carrying dry bulk comm...
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HAV’s NES to Supply Battery Pack for Offshore Construction Vessel
Norwegian offshore vessel owner Volstad Maritime has contracted Norwegian Electric Systems AS (NES) to deliver the battery pack and associated control system for battery charging to the Grand Canyon III offshore construction vessel. “The demand…
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Thordon Bearings Installed on ADNOC Offshore Platform
Thordon Bearings said Monday that its water-lubricated elastomeric polymer bearings have been installed to well pumps aboard an undisclosed offshore oil platform operated by Abu Dhabi National Oil Company (ADNOC).Five KSB three-stage mixed…
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VIDEO: IMO Sec-Gen Pays Tribute to Late William O’Neil, IMO Secretary-General Emeritus
International Maritime Organization's Secretary-General, Kitack Lim, used the annual IMO Awards ceremony as an opportunity to pay special tribute to the late William A. O'Neil, IMO Secretary-General Emeritus, who died in the United Kingdom on 29 Octobe...
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Kommer Damen Receives Lifetime Achievement Award
During the Maritime Awards Gala in Rotterdam, the Netherlands, Kommer Damen was presented with a Lifetime Achievement Award, recognizing his achievements, methods and contribution to the Dutch maritime industry. Damen (78) is Chairman of the…
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Massachusetts Denies Motion to Delay Offshore Wind Contracts
Massachusetts utility regulators denied offshore wind power company Commonwealth Wind's motion to suspend its power purchase agreement with state electric utilities, raising questions about the future of Commonwealth's proposed offshore wind…
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US Coast Guard Officer Permanently Relieved After Cutter Grounding
The commanding officer of a U.S. Coast Guard cutter has been permanently relieved of duties following a grounding incident in August.On August 26, Capt. Marc Brandt had been temporarily relieved as commanding officer of USCGC James (WMSL 754)…
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Busan, Pacific Northwest Seaports Partner on Decarbonization
The Northwest Seaport Alliance announced its newest decarbonization effort as part of the Green Shipping Challenge at the 27th Conference of the Parties (COP 27) to the United Nations Framework Convention on Climate Change held in the Egyptian…
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USCG Needs to Do More to Improve Fishing Vessel Safety – GAO
The U.S. Coast Guard must do more to improve safety in the extremely dangerous commercial fishing industry, according to a new report from watchdog agency the U.S. Government Accountability Office (GAO).Commercial fishing has one of the highest industr...
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Ship Recycling Prices Continue to Slide
According to GMS, "some unbelievably low and unrealistic offers" have started to emerge from sub-continent markets this week, and as such, both owners and cash buyers would be well advised to leave ship recycling destinations alone for the time-being…
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