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Mitsui O.S.K. Lines (MOL) has started commercial operation of the floating storage and regasification unit (FSRU) Jawa Satu for the Jawa 1 LNG-fired power plant in Indonesia.MOL owns the FSRU through PT Jawa Satu Regas (JSR), jointly established by PT Pertamina (Persero)…
https://www.marinelink.com/news/mol-puts-fsru-indonesias-jawa-lng-power-512761
https://www.marinelink.com/news/mol-puts-fsru-indonesias-jawa-lng-power-512761U.S.-based SEACOR Marine has completed the installation of a hybrid power system on its platform supply vessel (PSV) SEACOR Yangtze.Beginning in February 2024 in Norway, Kongsberg Maritime started the upgrade of the UT771 CDL SEACOR Yangtze with the Deckhouse Energy Storage System.The installation o
https://www.marinelink.com/news/seacor-marine-upgrades-psv-hybrid-battery-512762
https://www.marinelink.com/news/seacor-marine-upgrades-psv-hybrid-battery-512762Maritime Developments (MDL) has assisted Saipem in progressing an LNG project offshore Greece, which included work on the connection of Gastrade’s Alexandroupolis floating storage regasification unit (FSRU) to the country’s gas transmission…
https://www.marinelink.com/news/mdl-assists-saipem-gastrades-lng-512764
https://www.marinelink.com/news/mdl-assists-saipem-gastrades-lng-512764ClassNK has signed a joint R&D agreement with Nihon Shipyard and IMC to ensure the safety and performance evaluation of anti-roll tanks (ART) installed on large containerships.Under the R&D agreement, Nihon Shipyard, IMC, and ClassNK will work…
https://www.marinelink.com/news/japanese-partner-antiroll-tank-research-512766
https://www.marinelink.com/news/japanese-partner-antiroll-tank-research-512766A recent article in The Wall Street Journal claims that the assessment by 74% of poll respondents in election swing states who believe inflation moved in the wrong direction last year is incorrect. The piece went on to state that the respondents’…
https://www.marinelink.com/news/oped-why-wall-street-journal-wrong-poll-512768
https://www.marinelink.com/news/oped-why-wall-street-journal-wrong-poll-512768The U.S. Transportation Department on Friday said it reached an agreement with Baltimore County to revise an $8.26 million grant agreement to enable Tradepoint Atlantic (TPA) to accommodate more cargo.Repurposing the funds will allow a boost in cargo to Sparrows Point at the Port of Baltimore…
https://www.marinelink.com/news/baltimore-grant-boost-cargo-shipments-512769
https://www.marinelink.com/news/baltimore-grant-boost-cargo-shipments-512769The Baltic Exchange's dry bulk sea freight index fell on Friday to log its third straight weekly decline, weighed down by a dip in rates across all vessel segments.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels…
https://www.marinelink.com/news/baltic-dry-index-falls-third-week-512770
https://www.marinelink.com/news/baltic-dry-index-falls-third-week-512770The U.S. Federal Maritime Commission (FMC) on Friday issued a notice reminding regulated entities that all statutes administered by the agency remain in effect while disruption to regular service at the Port of Baltimore is causing many shippers…
https://www.marinelink.com/news/fmc-statutes-regulations-full-effect-512771
https://www.marinelink.com/news/fmc-statutes-regulations-full-effect-512771Unified Command dive teams have recovered the body of a missing person at the Key Bridge incident site in Baltimore.The recovered individual was identified as 38-year-old Maynor Yasir Suazo-Sandoval.Unified Command salvage dive teams located…
https://www.marinelink.com/news/divers-recover-body-baltimore-512772
https://www.marinelink.com/news/divers-recover-body-baltimore-512772Sagitta Marine Managing Director Thomas Zaidman thinks the Handysize and Supramax segments could see positive fortunes for the balance of 2024 thanks to firm demand and lingering market risks. He told the recent Marine Money Panama conference that in the smaller ship space this year he expects to see “volatility due to political risk, together ...
https://www.hellenicshippingnews.com/sagitta-marine-forecasts-volatility-and-opportunity-for-small-bulker-sector/