Monthly Archives: February 2022

FACT SHEET: President Biden highlights investments in clean energy manufacturing and delivery that lower consumer costs, strengthen the US energy sector and create high-paying jobs

President Biden championed a bold vision to address the climate crisis with the urgency science demands, using the opportunity to build a strong domestic energy sector that can produce and deploy clean energy for the benefit of all Americans—at a lower cost to families , well-paying jobs for workers and …

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CULines commits to long-distance services by ordering 7,000 TEU newbuildings

CULines’ container ship Laila (Photo: CULines) By Martina Li in Taiwan 02/28/2022 China United Lines (CULines) is venturing into larger vessels, ordering two 7,000-teu ships from Shanghai Waigaoqiao Shipbuilding (SWS) on Friday. Raymond Chen, Co-CEO of CULines, and Wang Qi, Chairman of SWS, attended a contract signing ceremony for shipbuilding, …

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Peace talks between Russian and Ukrainian officials are taking place today on the Belarusian border

Putin puts Russia’s nuclear deterrent on ‘high alert’ Vladimir Putin has put Russia’s strategic nuclear deterrent forces on alert and dramatically increased tensions in his confrontation with the West over his invasion of Ukraine. The United States immediately condemned the Russian president’s latest escalation as “completely unacceptable”. British Foreign Secretary …

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UK considers banning Russian ships from UK ports | shipping industry

The UK government is considering barring Russian ships from calling at British ports after it was revealed that a Russian oil tanker is due to dock in Orkney this week. The NS Champion, operated by Sovcomflot, a major shipping company majority-owned by the Russian state, is scheduled to dock at …

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Oil and Gas in Scotland: experts on how to make the most of an uncertain future

ROCKETING Fuel costs, the climate emergency and the Ukraine crisis have put Scotland’s oil and gas industry back in the spotlight, with heated debates over how best to manage the transition to net zero by 2045. Many climate advocates believe that at least no new oil and gas fields should …

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Cruise ship rescues migrants floating on raft off coast of Cuba

play video content TMZ.com Stuck in the big blue with nothing but each other and a raft, a group of apparent migrants found refuge on a nearby cruise ship – which heroically took them away. Check out this video showing a daring rescue Friday somewhere out in the Atlantic – …

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Russian cargo ship seized in English Channel

LONDON – France intercepted a Russian ship in the English Channel on Saturday in line with new EU sanctions against Moscow. The cargo ship transported cars and left Rouen for St. Petersburg. However, French maritime police diverted the ship to the port of Boulogne-sur-Mer in northern France. It is “suspected …

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Offshore wind power could power the hydrogen economy

File image courtesy of Orsted Published 02/25/2022 23:21 by The Maritime Executive Offshore wind farms have the potential to become future production hubs for green hydrogen, a development that could be accelerated by the maritime industry’s acceptance of the clean …

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Northrop Grumman supplies the Marine Corps with a next-generation man-portable target device

Workers at Northrop Grumman’s plant in Apopka, Fla., produce components for advanced radio frequency and electro-optical infrared defense systems in October 2021. (Northrop Grumman) According to a company news release Tuesday, the Marine Corps awarded Northrop Grumman a $252 million contract to provide infantry troops with the next generation of …

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Ukraine is closing ports as conflict threatens grain supplies

Russian Navy ships anchor in a bay of the Black Sea port of Sevastopol in Crimea May 8, 2014. REUTERS/Stringer/File Photo Sign up now for FREE unlimited access to Reuters.com to register MOSCOW/KIEV, February 24 (Reuters) – Ukraine’s military has suspended merchant shipping at its ports after Russian forces invaded …

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Ukrainian missile attack hits civilian Russian cargo ships

JUST IN: Ukrainian missile attack hits civilian Russian cargo ships. Photo credit: Twitter JUST IN: Ukrainian missile attack hits civilian Russian cargo ships in Sea of ​​Azov. TWO Russian civilian cargo ships were reportedly hit by a Ukrainian missile attack in the Sea of ​​Azov, resulting in casualties, according to …

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CMA CGM launches global biofuel study

The six-month global test opened on Wednesday with the refueling of the 10,640 teu APL Paris in Singapore. The bunkering operation, with support from the Maritime & Port Authority of Singapore (MPA), was carried out in parallel with container loading and unloading at PSA Singapore. The six-month trial will involve …

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SBM Offshore N : expresses interest in Northern Ireland floating offshore wind project

Speaking at an industry event this morning at the Titanic Hotel in Belfast, Niamh Kenny, project manager for the proposed 400MW North Channel Wind floating wind project, said if it goes ahead the development could be vital for Northern Ireland. “We are investigating two sites in the North Channel, midway …

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Shipping braces for impact as crisis between Russia and Ukraine deepens

Major geopolitical events with tragic human costs have a significant impact on shipping—sometimes negatively, but very often positively. With the Russia-Ukraine crisis escalating by the hour, rate-positive shipping scenarios, which just a few weeks ago were considered unlikely, suddenly seem more plausible. As Cleaves Asset Management CEO Joakim Hannisdahl put …

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The lost cargo containers of MV Zim Kingston continue to cause great concern to Vancouver Island communities

Vancouver Island MPs and residents are raising concerns about marine conservation and spill response after debris from shipping containers lost from MV Zim Kingston appears to still be washing ashore, months after the cargo ship caught fire in stormy weather . The ship lost 109 shipping containers, two of which …

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What are the most important title loan requirements and how to get one fast?

What are the most important title loan requirements and how to get one fast?

If you’re in dire need of a quick infusion of cash, however, you’re rating situation isn’t ideal then title loans could be the answer. This type of short-term loan requires the vehicle as collateral. It comes with a very higher interest (usually 300% per year percentage rate, also known as APR). In …

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Windward launches AI-powered ocean freight visibility solution that leverages data-driven insights and over a decade of maritime expertise to solve supply chain visibility challenges

LONDON, February 22, 2022 /PRNewswire/ — windward (LSE: WNWD), the predictive intelligence company using AI to transform global maritime trade, today announced its Sea Freight Visibility Solution. The new solution enables shippers to improve efficiency and scalability through automated data collection and analysis that provides real-time accurate ETA predictions, disruption …

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RWE and Tata Power are developing offshore wind projects in India

Germany-based energy company RWE has partnered with Indian utility Tata Power to explore the potential for joint development of offshore wind projects in India. Tata Power subsidiary Tata Power Renewable Energy has signed a Memorandum of Understanding (MoU) with RWE Renewables, RWE’s renewable energy business. The collaboration comes after the …

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Burning electric vehicle batteries complicate firefighting on a drifting cargo ship

The large number of electric vehicles on board a burning ship in the Atlantic is complicating efforts to extinguish the blaze, Dutch experts tasked with salvaging the ship said on Sunday. It’s unclear if the fire was caused by the electric cars, whose lithium-ion batteries are known to have caught …

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Enforcement of business friendliness in the Port of Matnog

Last of 2 parts Next, we believe that the Maritime Industry Authority (Marina) should have a more defined and prominent role in drafting policies and guidelines with the shipping companies in the port of Matnog to ensure they work with the government to manage the situation in the port to …

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ExxonMobil brings second major offshore project in Guyana online

At a time when oil prices are skyrocketing and global supply is struggling to meet rapidly recovering energy demand, ExxonMobil and its partners have added 220,000 b/d of oil production capacity to their offshore Guyana project. Production has commenced on the second offshore oil development at the prolific Stabroek block. …

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International crackdown on Brazilian drug traffickers shipping Bolivian cocaine to EU

A major investigation involving the Brazilian Federal Police (Polícia Federal), the Spanish Civil Guard (Guardia Civil), the US Drug Enforcement Agency and the Paraguayan SENAD, coordinated by Europol, has led to the dismantling of a major criminal organization operating in large scale involved in cocaine trafficking and money laundering. The …

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Burning cargo ship with Porsches, Volkswagens and Bentleys drifts in the Atlantic

The Portuguese Navy said it rescued all 22 crew members by helicopter. Authorities described the rescue mission as “highly skilled and physically demanding”. The crew members were taken to a hotel on Faial island in the Azores, according to the Associated Press. None of the crew members were injured in …

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DOJ on collusive price gougers exploiting supply disruptions: We’ll prosecute you | Holland & Knight LLP

The US Department of Justice (DOJ) announced an initiative on February 17, 2022 to investigate and prosecute individuals and companies engaged in collusion related to supply chain disruptions. To protect American consumers from a potential spate of illegal prices, the DOJ’s Antitrust Division and the FBI will prosecute “those who …

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Offshore Wind Market Will See Huge Growth From 2022 To 2028 : Wirtgen, SANY Group, Rhino Equipment

This press release was originally distributed by SBWire Edison, NJ – (SBWIRE) – 02/17/2022 – The offshore wind market (COVID-19 version) has shown steady growth over the past few years and is expected to grow at a good pace during the forecast period 2022-2028. The exploration provides a 360° view …

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Intel expects to ship 4 million discrete GPUs in 2022, teases streaming service Project Endgame

The first laptops with Intel Arc discrete graphics are expected to ship before the end of March, and now Intel says we can expect the first Intel Arc graphics cards for desktops in the second quarter of the year, along with workstation-class GPUs in the third quarter of 2022. All …

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Rise in container freight rates is stifling world trade

From late 2020 into 2021, container shortages and port congestion, along with other disruptions, resulted in record container freight rates, particularly on routes from China to Europe and the US. These are reflected in the Shanghai Containerized Freight Index, which covers freight departing from Shanghai, China. It is reported that …

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GE and Hyundai Electric bring Haliade-X offshore wind turbine to South Korea

GE Renewable Energy and Hyundai Electric & Energy Systems plan to establish a strategic industrial partnership to support the growth of offshore wind energy in South Korea. The two companies signed a memorandum of understanding (MoU) on Wednesday, February 16 to form the strategic offshore wind partnership in South Korea. …

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Homeworld 3 Key Facts & Latest Trailers, News, Ship Details & More

Homeworld 3 is the sequel to one of the most famous series in RTS history. As the first RTS to take place in a fully three-dimensional setting, Homeworld 1999 was a revelation because its setting was authentic place, rather than a 2D plane. In Homeworld, maneuvering not just around, but …

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Adjacent possibilities of smart shipping – Digital Ship

Many years ago, and in another industry not so far removed from maritime connectivity, I wrote an article offering viewpoints on “how much an airline would pay for an early release movie (early window content is the industry term). The article got me into serious trouble, writes Joshua Flood, senior …

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Digital milestone as Future International Trade Alliance formed with DCSA, BIMCO, FIATA, ICC and SWIFT

The parties have signed a memorandum of understanding (MoU) to form a new alliance for a major step forward in digital standardization in the maritime industry. DCSA, along with its nine member airlines, announced the formation of the Future International Trade (FIT) Alliance with the signing of a Memorandum of …

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Construction begins on New York’s first offshore wind farm

New York State broke ground on Friday with its first offshore wind farm, sparking a boom in similar projects aimed at transforming the state’s — and the nation’s — energy mix. The South Fork wind project off the coast of Long Island is scheduled to be operational by the end …

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Marine Lubricants Market Worth $6.7 Billion By 2026

CHICAGO, February 14, 2022 /PRNewswire/ — According to the new market research report, “Marine Lubricants Market by oil type (mineral, synthetic, bio-based and grease), product type (engine oil, hydraulic fluid, compressor oil), ship type (bulk carrier, tanker, container) and region – global forecast to 2026”, Published by MarketsandMarkets™, the Marine …

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Daiken hires a cargo ship to solve logistical challenges

KUCHING: The transportation problems between Malaysia and abroad has prompted the Japanese company Daiken Corp to hire a cargo ship to bring its medium-density fiberboard (MDF) manufactured in Sarawak to Japan. With the chartered cargo ship, Daiken can ship the MDF directly from Sarawak to the port of Yokkaichi in …

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Vacation ships on the Great Lakes

Thunder Bay residents can expect travelers arriving on passenger ships starting in May. THUNDER BAY – Beginning in late May, the Thunder Bay cruise port will be bustling with travelers arriving on Viking Expeditions’ passenger ships Viking Octantis and American Queen Voyages’ Ocean Navigator. Paul Pepe, the city’s tourism manager, …

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Global Oil & Gas Offshore Support Vessels Market Research Report 2021

Understand the impact of COVID-19 on the Oil & Gas Offshore Supply Vessels Market with our analysts monitoring the situation around the world. Report description: Market Strides published report titled Offshore Oil & Gas Supply Vessels Market by Type, Application, Regional Analysis, Growth Opportunity and Industry Forecast 2021-2027. The Oil …

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The ferry travels halfway across Japan… with no one piloting it

Unmanned cargo ship traveled from Hokkaido to Ibaraki and netizens have mixed feelings. the Sunflower Shiretoko The ferry recently made a trip from Tomakomai Port in Hokkaido along the east coast of Japan to the Oarai Port Ferry Terminal in Ibaraki. It’s a trip the passenger/cargo ship makes regularly, but …

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Kuehne+Nagel and Aker Clean Hydrogen establish supply chain for green fuels

(file photo) Published 02/11/2022 19:43 by The Maritime Executive One of the challenges facing the shipping industry as it transitions to alternative fuels is ensuring consistent supply along global trade routes. Maritime logistics provider Kühne+Nagel and fuel manufacturer Aker Clean …

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Event providing insights into the changing industry as Offshore Energies UK enters week one

The future of offshore energy will be the focus of an event to mark the first week of the UK’s leading integrated energy trade association, Offshore Energies UK. Senior industry figures will join OEUK CEO Deirdre Michie to discuss how companies are working together to create cleaner offshore energy. Many …

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Tanker makes history with first zero-emission port operations

Tern Island is equipped to run on biofuel, along with batteries and shore power connections (Terntank) Published 02/10/2022 20:43 by The Maritime Executive The Port of Gothenburg and Swedish tanker operator Terntank aim to make shipping and environmental history on …

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How US enemies “get off the radar” and evade surveillance by manipulating GPS

Successive US administrations have used sanctions on friends and foes alike, trying to get them to stand by the line. While sanctions-based coercion can cripple a country’s economy, hostile states seem to have found innovative ways to stand up to the watchdogs. The technology, previously only available to the world’s …

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S&P Global Platts launches LNG-powered TCEs, Newcastlemax Weighted Index

SINGAPORE, February 10, 2022 /PRNewswire/ — S&P Global Platts (“Platts”), the leading independent provider of information, analysis and benchmark pricing to the commodity and energy markets, has released Time Charter Equivalent (TCE) ratings for 209,000 tdwt Newcastlemax bulk carriers Class introduced LNG as bunker fuel on six key routes and …

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OGUK rebrands as Offshore Energies UK – News

Offshore Energy UK In addition to oil and gas, Offshore Energies UK will champion low-carbon offshore energy technologies, including carbon capture and storage, hydrogen production and offshore wind energy. OIL & Gas UK (OGUK) changes name to Offshore Energies UK (OEUK) and expands to include offshore low-carbon energy technologies being …

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A disruption in the supply chain can affect the quality of your products

In the past two years of disruptions and delays, the FDA has performed about half of the product quality inspections it did before COVID-19. MINNEAPOLIS — Most consumers have probably noticed that supply chain issues have caused groceries to cost a little more or even be out of stock. But …

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Subsea joins SAL – Daily Cargo News

Professional marine services company Subsea has joined Shipping Australia. Shipping Australia CEO Melwyn Noronha said subsea plays a niche role in supporting regional economic growth in Australia. “Its maritime operations support the maritime shipping industry, which carries over 99.9% of Australia’s trade in physical goods and commodities, and international trade, …

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Supply side: Focused technology solutions; Nexxiot

Written by Marybeth Luczak, Editor-in-Chief FTS Tools LLC, a new company based in Lynchburg, Virginia, will sell and market battery powered trail maintenance tools for Focused Technology Solutions. Focused Technology Solutions Inc., a Marmon/Berkshire Hathaway company, has entered into a sales license agreement with FTS Tools LLC. And Nexxiot …

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Offshore Support Vessels (OSV) Sales Market Research Report 2021 Segmented by Applications, Geography, Trends and Forecast 2028 – Cleveland Sports Zone

GET SAMPLE REPORTBUY FULL REPORT Global Sales market for offshore support vessels (OSV). Research is an intelligence report where painstaking efforts are made to study the correct and valuable information. The data under consideration was created taking into account both the existing top players and the upcoming competitors. The business …

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British homes were left in darkness after a giant cargo ship was stacked with container docks

The 400 meter long MOL Treasure shipping container has arrived at DP World Container Terminal in the Port of Southampton, bringing goods from China to the UK MOL Treasure shipping container docked in the Port of Southampton ( Image: PA) A huge cargo ship laden sky-high with shipping containers from …

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Avin International receives world’s first ammonia-capable ship

New Times Shipbuilding (NTS) of China was responsible for the construction of the 274 m long ship. Photo credit: Ömer Serdar Ören / Unsplash. Greece-based shipowner Avin International has taken delivery of the world’s first ammonia-capable ship, Kriti Future. This Suezmax tanker has been classified by the American Bureau of …

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EU carbon tax puts a price on shipping emissions | News | eco business

Ships emit around a billion tons of greenhouse gases every year, or 3 percent of global emissions. If it were a country, shipping would be the sixth largest polluter in the world, according to the World Economic Forum. Without further action, shipping emissions are expected to achieve that 90-130 percent …

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President Aliyev says more gas supplies will reach foreign markets in 2022

President Ilham Aliyev said European energy markets would see more gas flowing from Azerbaijan on the southern gas corridor in 2022 amid market instability that could lead to a volatile energy crisis. President Aliyev’s remarks were made on Friday at the 8th ministerial meeting of the Southern Gas Corridor (SGC) …

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February 5th: Dragon Boat Races, PlayStation, Whiskey

LEXINGTON, Ky. (FOX 56) — Here are five things to know before you go to bed on February 5, 2022. GoFundMe backtracks for truckers Fundraising website Go fund me has cut ties with Canadian truckers who have gathered in Ottawa to protest Canada’s COVID-19 vaccine mandates. The site has blocked …

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Cargo ship sails from Patna to Pandu, ushering in a new era of logistics for Assam

Union Minister for Ports, Shipping and Waterways and AYUSH, Sarbananda Sonowal flagged out a barge MV Lal Bahadur Shastri from Patna to Guwahati on Saturday. The ship, which started its journey from Patna, is carrying 200 tons of grain towards Pandu in Guwahati and will travel via Bangladesh to reach …

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Increasing use in the auto industry, marine industry and railroad construction is driving industry growth around the world – Cleveland Sports Zone

[91 Pages Report] Welding Clamps Market Insights 2022 This report provides welding clamps market size and forecasts in China, including the following market information: China Welding Clamps Market Revenue, 2016-2021, 2022-2027 (Million USD) China Welding Clamp Market Sales, 2016-2021, 2022-2027, (K Units) China’s 5th largest welding clamp companies in …

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The teenager is playing his part in the construction of the world’s largest offshore wind farm, just a stone’s throw from his home

A Nafferton teenager is helping build the world’s largest offshore wind farm after completing an apprenticeship with the project’s civil engineering company. Fin Needham, 18, lives not far from the East Riding sites where onshore work was being carried out to prepare the first two phases of the wind farm …

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Decarbonizing shipping: a real prisoner’s dilemma.

Written by Ingrid Kylstad, Head of Sustainability at ZeroLab (Klaveness). Decarbonization presents shipping with a real prisoner’s dilemma*: How can we overcome company-specific incentives in favor of the common good? Economic theory teaches us that regulation is a way out of prison: changing today’s incentives can change behavior quickly. Unfortunately, …

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If you hold shares in Star Bulk Carriers Corp. (SBLK) hold on Thursday morning?

Star Bulk Carriers Corp. (SBLK) is lower on Thursday morning, with the stock shedding -1.85% to 23.3 in premarket trade. SBLK’s short-term technical score of 95 indicates that the stock has traded more bullishly than 95% of stocks on the market over the past month. In the shipping industry, ranked …

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The chaos in the supply chain and the standstill in the ports could drag on into 2023

The timetable for a correction in container shipping is receding further and further into the background. The first forecasts for a downturn were for October 2020 after the Golden Week holiday in China. Then it was after Lunar New Year 2021, then mid-2021, then late last year, then after Lunar …

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Challenges in the US and South America are affecting grape supplies

What’s up with grapes? “To put it mildly, there is a lack of general supplies of grapes. We are currently in a situation where demand is outstripping supply on both coasts,” says Mike Asdoorian of DLJ Produce of Fresno, California, which is currently introducing its Razzle Dazzle grapes along with …

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Mitsubishi Heavy Industries, Ltd. Global Website | Mitsubishi Shipbuilding Announces Agreement to Build World’s First Liquefied CO2 Transport Demonstration Test Ship –

Concept image of the LCO2 demonstration test ship ship overview registration Japan overall length 72.0 m beam 12.5m draft 4.55m tank capacity 1,450 m³ Tokyo, February 2, 2022 – Mitsubishi Shipbuilding Co., Ltd., a Yokohama-based member of Mitsubishi Heavy Industries (MHI) Group, has entered into an agreement with Sanyu Kisen …

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Hapag-Lloyd recently reported extraordinarily strong results

Hapag profits more than quadrupled in 2021 (file photo) Published February 1, 2022 17:04 by The Maritime Executive Hapag-Lloyd was the next major airline in the container shipping industry to report record results, continuing the tone of exceptional results from across the industry both in the fourth quarter and throughout …

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