Video: Lumber Cargo Litters Shore After Falling from Cargo Ship

17th-Century Wreck Near Lübeck Gives New Insights Into Hanseatic Trade

Published Aug 10, 2022 6:34 PM by The Maritime Executive

Researchers from Kiel University have uncovered the wreck of a 400-year-old merchant vessel at the bottom of a river near the German port of Lübeck. It dates back to the late Hanseatic period, when a consortium of German merchants held substantial sway over trade in the Baltic and Lübeck was a bustling shipping hub. “You always hope to make a find like this and suddenly you have one right before your eyes," said Dr. Fritz Jürgens, an archaeologist at Kiel...

Seaspan Completes Boxship Sales in Asset Management Strategy

Published Aug 10, 2022 6:08 PM by The Maritime Executive

Seaspan, which is the largest independent owner and charterer of containerships, is moving aggressively in its asset management strategy to realize opportunities in the industry. After developing a large orderbook, the company last quarter took advantage of market conditions with strategic asset sales. While maintaining a fleet of 127 vessels, the company also completed nine strategic vessel sales during the second quarter realizing more than $224 million in gross proceeds for its parent company Atlas Corp. Starting in 2020 and...

Search for Cruise Ship Man-Overboard Near Juneau Suspended

Published Aug 10, 2022 5:33 PM by The Maritime Executive

The U.S. Coast Guard has suspended a search for a crewmember who went overboard from a Holland America cruise ship in Gastineau Channel, Alaska on Monday night. SAR crew spent more than 10 hours searching an area totaling about 38 square nautical miles. The Coast Guard Sector Juneau command center received notice of a man-overboard emergency from the crew of the cruise ship Eurodam at about 2245 hours on Monday night. The Eurodam - which was moored alongside fellow Holland...

Hyundai Gets $1.5B LNG Order as Qatar Awards Charter to Asian Partners

Published Aug 10, 2022 4:25 PM by The Maritime Executive

State-owned energy giant QatarEnergy has awarded a consortium of four Asian shipping companies a long-term time charter for the operation of seven liquefied natural gas carriers as the latest step in its efforts to secure capacity to support the expansion of its LNG operations. It is the latest in a series of deals to build LNG carriers in South Korea and China as the shipping industry faces a shortage of gas carriers to meet current demand. Qatar is reporting that...

Shipping

project to develop methanol retrofit for in-service ships

MAN Joins Stena and Proman to Develop Methanol Retrofit Solution

MAN Energy Solutions is joining an ongoing project between Stena and Proman to develop a retrofit solution to enable ships currently in service to adopt methanol to lower their greenhouse gas emissions. Shipping lines, including the partnership between Stena and Proman as well as Maersk and CMA CGM, are ordering new ships capable of operating on methanol, but so far there has been no economic solution to convert existing ships to operate on methanol. Proman and Stena announced last fall...

Tugs & Salvage

17th-Century Wreck Near Lübeck Gives New Insights Into Hanseatic Trade

Government

U.S. Coast Guard Cutter Busts Three Drug Boats in One Week

On Monday, the crew of the U.S. Coast Guard cutter Joseph Tezanos offloaded 1,100 kilos of seized cocaine from the water in three vessel interdictions off Puerto Rico. The seized cocaine has a value of about $22 million dollars. Fourteen men, all Dominican Republic nationals, were detained in the three interdictions and are facing federal prosecution in Puerto Rico. On August 3, a CBP patrol aircraft crew spotted a suspicious 25-foot boat north of Aguadilla, Puerto Rico. Coast Guard Cutter...

Piracy

Singapore Strait is an "Area of Concern" While Global Piracy Declines

While globally the incidents of piracy against commercial shipping continue to decline, Asia and specifically the Singapore Strait continues to be one of the areas of greater concern. The ReCAAP Information Sharing Center (ISC) released its mid-year report for 2022 highlighting an 11 percent increase in incidents in Asia while also conducting a dialogue session with the shipping industry to discuss steps required to reduce the regional risks. ReCAAP’s mid-year report reflects the same issues identified by the ICC International...

Cruise Ships

Search for Cruise Ship Man-Overboard Near Juneau Suspended

Ports

Bentzel: Buildup of Empties at East Coast Ports Near "Emergency Level"

Shippers and truckers at America's gateway ports have alleged problems with unreturnable empty shipping containers since the start of the late-pandemic cargo boom, and the problem is becoming worse on the U.S. East Coast, according to members of the Federal Maritime Commission. Chairman Dan Maffei has reported that his office is receiving complaints from the Port of New York and New Jersey that sound much like those heard previously in California's gateway ports: ocean carriers refusing to accept box returns...

Shipping

MAN Joins Stena and Proman to Develop Methanol Retrofit Solution

Tugs & Salvage

17th-Century Wreck Near Lübeck Gives New Insights Into Hanseatic Trade

Government

U.S. Coast Guard Cutter Busts Three Drug Boats in One Week

Piracy

Singapore Strait is an "Area of Concern" While Global Piracy Declines

Cruise Ships

Search for Cruise Ship Man-Overboard Near Juneau Suspended

Ports

Bentzel: Buildup of Empties at East Coast Ports Near "Emergency Level"

Offshore

Scotland is Installing Offshore Wind to Power Offshore Oil Platforms

Scotland has opened a brand new kind of offshore wind lease round aimed specifically at providing clean power to offshore oil and gas platforms. The newly-announced Innovation and Targeted Oil and Gas (INTOG) lease round is additional to the massive ScotWind auction for commercial-scale offshore wind projects, which was completed in January. The new, unique leasing round will help Scotland's offshore industry decarbonize enough to meet the targets of the UK North Sea Transition Deal, which calls for...

Shipbuilding

Hyundai Gets $1.5B LNG Order as Qatar Awards Charter to Asian Partners

Environment

Collapsed Platform Drops Oil Storage Tank Into Terrebonne Bay

A spill response is under way after the release of a substantial quantity of oil from a collapsed storage tank on a platform in Terrebonne Bay, Louisiana. A platform structure at Hilcorp's Caillou Island facility failed on Monday, causing a storage tank to fall into the water. Hilcorp estimates that up to 14,000 gallons of crude oil were released. The U.S. Coast Guard responded to the scene to oversee containment work. So far, about 4,500 feet of containment boom have...

Business

Seaspan Completes Boxship Sales in Asset Management Strategy

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Video: Lumber Cargo Litters Shore After Falling from Cargo Ship

17th-Century Wreck Near Lübeck Gives New Insights Into Hanseatic Trade

Seaspan Completes Boxship Sales in Asset Management Strategy

Search for Cruise Ship Man-Overboard Near Juneau Suspended

Hyundai Gets $1.5B LNG Order as Qatar Awards Charter to Asian Partners

MAN Joins Stena and Proman to Develop Methanol Retrofit Solution

17th-Century Wreck Near Lübeck Gives New Insights Into Hanseatic Trade

U.S. Coast Guard Cutter Busts Three Drug Boats in One Week

Singapore Strait is an "Area of Concern" While Global Piracy Declines

Search for Cruise Ship Man-Overboard Near Juneau Suspended

Bentzel: Buildup of Empties at East Coast Ports Near "Emergency Level"

ZF’s Marine Transmissions and Service are a Winning Combination

Is There Room in the BWT Market for a Filterless Treatment Method?

Tenth International Dry Dock Conference to Provide Advanced Training

MAN Joins Stena and Proman to Develop Methanol Retrofit Solution

17th-Century Wreck Near Lübeck Gives New Insights Into Hanseatic Trade

U.S. Coast Guard Cutter Busts Three Drug Boats in One Week

Singapore Strait is an "Area of Concern" While Global Piracy Declines

Search for Cruise Ship Man-Overboard Near Juneau Suspended

Bentzel: Buildup of Empties at East Coast Ports Near "Emergency Level"

Scotland is Installing Offshore Wind to Power Offshore Oil Platforms

Hyundai Gets $1.5B LNG Order as Qatar Awards Charter to Asian Partners

Collapsed Platform Drops Oil Storage Tank Into Terrebonne Bay

Seaspan Completes Boxship Sales in Asset Management Strategy

Maritime Industry Conferences and Events

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