Tuesday, December 07, 2021
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80 Years Later: The Man Who Was Born During the Pearl Harbor Attack

Published Dec 6, 2021 8:27 PM by Katie Lange

It was dark at Pearl Harbor's Tripler Hospital on the evening of Dec. 7, 1941. The bombings by the Japanese had stopped, but the concern of more attacks continued. Window blinds were still drawn and lights were still out. The injured and dying lay everywhere, and as many people as possible were taking care of them.  It was an extraordinary time — especially for one young mother, who gave birth in that chaos.  "There was a baby born in the evening,...

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Dutch government funds research into methanol as a maritime fuel

Dutch Fund Research to Accelerate Methanol as a Maritime Fuel

Published Dec 6, 2021 6:36 PM by The Maritime Executive

The Dutch government is awarding funding to a series of projects including one designed to accelerate the use of methanol as a maritime fuel. A broad maritime consortium has been awarded funding to conduct research into accelerating the use of methanol as a low-carbon fuel within the shipping industry. The program also includes the implementation of pilot projects for the use of methanol. Methanol, which can enable significant reductions in CO2 emissions compared to traditional fuels, is viewed within the...

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Kuwait bnas shipping with Israel while DP World withdraws Haifa bid

Kuwait Bans Shipping with Israel While DP World Withdraws Haifa Bid

Published Dec 6, 2021 5:20 PM by The Maritime Executive

Despite signs of progress in Arab-Israeli trade after the normalization of relations with the UAE and Bahrain, there were recently two setbacks. Kuwait reaffirmed the hardline stance against Israel announcing that it would ban ships sailing between the two countries or carrying cargo bound for Israel while DP World also confirmed that it has withdrawn from the bidding for the privatization of operations in the Port of Haifa. Kuwait has been a consistent hardliner against Israel vowing it would be...

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Equinor invest in utility scale battery storage

Equinor Invests in Battery Company to Explore Wind Farm Possabilities

Published Dec 6, 2021 4:36 PM by The Maritime Executive

Energy company Equinor, which is pursuing renewable energy including a growing portfolio of offshore wind farms, announced an investment and partnership with a U.K. battery storage developer. Together, the companies plan to explore the further development of utility-scale storage and stability services, including incorporating the battery system into Equinor’s offshore wind assets, Under the terms of the strategic cooperation, Equinor will also acquire a 45 percent stake in UK-based Noriker Power Limited.  Equinor also has the option to acquire the full...

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Offshore

prelude FLNG

Shell's Prelude FLNG Shuts Down Due to Electrical Fire

Shell's Prelude LNG, the largest floating plant for natural gas liquefaction in the world, has been partially evacuated due to the impact of an electrical fire.  At about 2300 hours local time on Thursday, a fire started in an electrical compartment aboard Prelude LNG, a massive $12-billion-plus offshore liquefaction plant located about 200 nm off the coast of Western Australia.  Prelude's fire systems detected the blaze and brought under control. However, the facility lost power shortly after the fire broke...

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Shipbuilding

CSSC meets delivery target remaining world's largest shipbuilder

CSSC Meets 2021 Delivery Goal and Maintains Industry Leadership

China State Shipbuilding Corporation reported with the delivery of two new ships on December 1, it has fulfilled its annual delivery target for 2021 a month ahead of schedule. The company has reaffirmed its position as the world’s largest shipbuilder while China also reports strong growth in its orderbook to maintain the current momentum in future years. During 2021, China State Shipbuilding (CSSC) reports it delivered a total of 194 vessels of all sizes for the international and domestic markets....

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Environment

Gisele

Video: Gisele Bündchen Rescues a Sea Turtle Trapped in Fishing Gear

[Brief] Brazilian supermodel Gisele Bündchen is known best for her career in fashion, and her appearance has graced the covers of more than 1,200 magazines over the years, but she is also a prominent environmental philanthropist and activist. So when she encountered a sea turtle ensnared in a pile of longline fishing gear on the beach, she took the opportunity to do the right thing.  "Early this morning I was walking on the beach and [my dog] Onyx started barking...

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Business

record profits for container lines in 2021

Alphaliner Forecasts Record $120B in Profits for Container Carriers

The large carriers have consistently been talking about the extraordinary market which was helping to drive them to record results in 2021. Now, market analysts Alphaliner are quantifying just how extraordinary the year has been predicting skyrocketing record results that could see the 10 leading container carriers produce as much as $120 billion in EBIT (earnings before interest and taxes) profits.  The third quarter results recently announced by the largest publicly traded carriers served to highlight the strength of the...

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