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Nearly 500 maritime and transportation industry leaders gathered on the evening of Wednesday, May 20, at The Lighthouse at Chelsea Piers for the sold-out 32nd International Maritime Hall of Fame Awards dinner hosted by the Maritime Association of the Port of New York and New Jersey (MAPONY/NJ).
https://www.marinelink.com/news/maritime-association-port-new-york-new-539512
https://www.marinelink.com/news/maritime-association-port-new-york-new-539512The U.S. Coast Guard has awarded a $17.8 million contract to Ocean Construction Services Inc. for the construction of new engineering and weapons training facilities at Training Center (TRACEN) Yorktown, Virginia.The project is a critical step…
https://www.marinelink.com/news/us-coast-guard-awards-contract-539513
https://www.marinelink.com/news/us-coast-guard-awards-contract-539513The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities, extended its decline into a fifth day on Thursday, falling about 1.4% to its lowest since May 5 at 2,964 points, pressured by the larger vessel segments. The panamax index, which usually carries 60,000 to 70,000 tons of coal ...
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-over-2-week-low/
https://www.hellenicshippingnews.com/baltic-dry-index-falls-to-over-2-week-low/The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping is cutting jobs as the influential maritime decarbonisation organisation reshapes itself for what it sees as the next phase of the industry’s energy transition. The Copenhagen-based non-profit confirmed the workforce reduction in a letter from chief executive Bo Cerup-Simonsen accompanying its latest assessment of global shipping …
https://splash247.com/redundancies-as-maersk-green-think-tank-feels-the-squeeze/
https://splash247.com/redundancies-as-maersk-green-think-tank-feels-the-squeeze/Pakistan has reopened its offshore energy frontier to oil and gas exploration after an almost 18‑year gap, signing agreements for 23 deepwater blocks in a bid to reduce dependence on imported fuel and reshape the country’s economic future. The country’s Federal Minister for Petroleum, Ali Pervaiz Malik, finalised 21 new production sharing agreements (PSAs) and …
https://splash247.com/pakistan-relaunches-offshore-oil-hunt-after-18-year-hiatus/
https://splash247.com/pakistan-relaunches-offshore-oil-hunt-after-18-year-hiatus/UK engineering group Wood has been awarded a contract by China Offshore Oil Engineering Company (COOEC) to deliver a scope of detailed design for QatarEnergy’s Bul Hanine EPIC project, located offshore Qatar. Wood will support COOEC to design an optimised solution for the field’s complex pipeline network to enhance production capacity and extend asset life. …
https://splash247.com/wood-secures-new-offshore-engineering-role-in-qatar/
https://splash247.com/wood-secures-new-offshore-engineering-role-in-qatar/DeepOcean has secured a contract to support the decommissioning and removal of a floating production, storage and offloading vessel in the UK North Sea, adding another major assignment to its growing decommissioning portfolio. The ocean services specialist will carry out subsea disconnection work and support the vessel’s tow to shore as part of a wider …
https://splash247.com/deepocean-wins-north-sea-fpso-decommissioning-contract/
https://splash247.com/deepocean-wins-north-sea-fpso-decommissioning-contract/Italian offshore contractor Saipem is positioning itself for a larger role in Brazil’s emerging decommissioning market after signing a cooperation agreement with Petrobras to explore solutions for retiring ageing offshore oil and gas infrastructure. The companies have signed a memorandum of understanding covering a range of end-of-life activities, including well plug and abandonment work, subsea …
https://splash247.com/saipem-eyes-brazils-offshore-decommissioning-market-with-petrobras-tie-up/
https://splash247.com/saipem-eyes-brazils-offshore-decommissioning-market-with-petrobras-tie-up/London-based Zodiac Maritime is stepping up its investment in crude tanker tonnage, ordering four suezmax newbuildings in China as it continues a broad fleet renewal programme across multiple shipping sectors. The company has contracted the vessels at Jiangsu New Hantong Ship Heavy Industry, taking its suezmax orderbook to nine ships. The latest quartet is scheduled …
https://splash247.com/zodiac-expands-tanker-orderbook-with-quartet-of-suezmax-newbuilds/
https://splash247.com/zodiac-expands-tanker-orderbook-with-quartet-of-suezmax-newbuilds/Fincantieri and Teijin Automotive Technologies have signed an agreement to develop non-structural composite bulkheads for maritime vessels, as shipbuilders seek lighter materials and new design solutions for civil and naval ships.Under the memorandum of understanding…
https://www.marinelink.com/news/fincantieri-teijin-partner-composite-539480
https://www.marinelink.com/news/fincantieri-teijin-partner-composite-539480