Wednesday, May 01, 2024
Media Kit
Salvors use a diamond wire-cutting rig to remove bridge wreckage from Dali's starboard side, April 25 (USACE)

Salvors May Remove Baltimore Container Ship in Less Than Two Weeks

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New Jersey wind

New Jersey Launches Wind Solicitation as New York Prepares for Next Round

Published Apr 30, 2024 7:15 PM by The Maritime Executive

  Undeterred by a range of setbacks in developing the offshore wind energy sector, both New Jersey and New York are pushing forward with their next rounds of solicitations. The governors of both states attest their strong support for the industry attributing the setbacks as part of the growing pains of a new industry. New Jersey announced today, April 30, that it has opened its fourth offshore wind solicitation which will run till July 10. They set a goal of...

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electric offshore vessel

Bibby Marine Orders First Battery and Methanol Powered eCSOV

Published Apr 30, 2024 6:04 PM by The Maritime Executive

  A shipbuilding contract has been completed for what is being called the “world’s first truly zero-emission, electric Commission Service Operation Vessel,” which is being built as part of UK sponsored demonstration project. The ship is expected to enter service in the UK in 2026 using a combination of a powerful battery system along with dual-fuel methanol engines. A coalition of leading maritime companies led by Bibby Marine proposed the project as part of the UK’s Zero Emission Vessels and...

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refer cargo ship

Dutch Settle Decades Old Scrapping Case Over Sale of Toxic Reefer Vessels

Published Apr 30, 2024 4:35 PM by The Maritime Executive

  The Netherlands’ Public Prosecution Service has reached a $6 million settlement in a long-running case involving the scrapping of four reefer cargo ships more than a decade ago. The case which started in 2018 marked the first time in Europe that a shipowner and its executives were brought up on criminal charges of exporting ships with toxic materials for scrapping overseas. The case stemmed from the 2012 sale of four retired reefer vessels, Spring Bear, Spring Bob,...

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Bow Triumph

Shoaling and Bank Effect Caused Ship to Hit Navy Fuel Pier

Published Apr 30, 2024 3:53 PM by The Maritime Executive

The National Transportation Safety Board has concluded an investigation into a serious allision involving a tanker and a Navy fuel pier at a base in South Carolina, and has determined that bank effect was the primary cause.  On the afternoon of September 5, 2022, the product tanker Bow Triumph got under way from a private petroleum terminal on the Cooper River, upstream of Joint Base Charleston. The river is a winding tidal waterway, with sharp bends and branching tributaries. With...

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Offshore

SPOT terminal illustration

America's Largest Offshore Oil Terminal is Moving Ahead

  On Tuesday, executives with midstream company Enterprise Products Partners said that their plans for a massive offshore oil export terminal off Texas are going forward, and they expect to have their first commercial contracts in hand for its capacity soon. The reassurance follows shortly after Reuters reported that capex cost growth and commercialization challenges could slow the project.  If built, the Sea Port Oil Terminal (SPOT) would be the largest offshore terminal in the United States, bigger even than the...

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Shipbuilding

electric offshore vessel

Bibby Marine Orders First Battery and Methanol Powered eCSOV

  A shipbuilding contract has been completed for what is being called the “world’s first truly zero-emission, electric Commission Service Operation Vessel,” which is being built as part of UK sponsored demonstration project. The ship is expected to enter service in the UK in 2026 using a combination of a powerful battery system along with dual-fuel methanol engines. A coalition of leading maritime companies led by Bibby Marine proposed the project as part of the UK’s Zero Emission Vessels and...

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Environment

A Raben team rescues an entangled whale in the Banderas Bay, Jalisco state, Pacific Coast of Mexico. Untangling large mammals is a risky task, as rescuers could become caught in the fishing gear they are trying to cut loose. (Image: Ecobac)

Saving Whales, One Rope at a Time

    [By Daniel Cressey]   In 2004, a humpback whale was spotted entangled in fishing gear in Banderas Bay, a small bight on the Pacific Coast of Mexico in which the resort town of Puerto Vallarta nestles. This area is home for Astrid Frisch-Jordán, the operations manager for Ecotours de Mexico and a professional whale watcher. Concerned townspeople were soon calling her about the trapped animal. “The first day, we were like: ‘Oh, that’s very bad, but we cannot...

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Business

SES

SES Reaches Agreement to Buy Intelsat

The EU-based satellite corporation SES has reached a deal to acquire American competitor Intelsat - the market leader in maritime VSAT - for $3.1 billion. The agreement is the latest in a growing wave of M&A activity in satcom, as incumbent providers reach for scale to counter new entrants in the sector.  In the near term, SES and Intelsat expect to save $2.6 billion from "readily creatable" synergies from the merger. In the longer term, the combined firm will be well-placed...

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