Freight markets for tankers carrying crude and dirty products out of the Americas face mixed fundamentals heading into the traditionally weaker summer months, as geopolitics continue to drive shifts in trade flows. Historically, June through August see the lowest freight rates each year with levels...
National Oceanic and Atmospheric Administration (NOAA) has awarded a $624.6 million contract to Thoma-Sea Marine Constructors to design and build two state-of-the-art research vessels. The contract includes an option to…
https://gcaptain.com/noaa-awards-625-million-contract-for-cutting-edge-research-vessels/
Hurricane researchers at Colorado State University have increased their Atlantic hurricane season forecast, predicting an above-average season in 2023 due to record warm sea surface temperatures in most of the…
By Joe Brock July 6 (Reuters) – On Feb. 10 last year, the cable ship CS Dependable appeared off the coast of the island of Diego Garcia, an Indian Ocean atoll that’s…
https://gcaptain.com/inside-the-subsea-cable-firm-secretly-helping-america-take-on-china/
By Jack Wittels (Bloomberg) — BP Plc is investing in a California-based startup that will use uneaten food and other waste to make low emission fuel. The oil giant’s corporate venture…
https://gcaptain.com/bp-backs-new-fuel-for-ships-made-using-everyday-garbage/
Japan-based IINO LINES and J-POWER, the Japanese electric utility, have agreed to install a Norsepower Rotor Sail™ on the coal carrier M/B Yodohime, marking the world’s first installation of a rotor…
Seaspan Corporation and Hapag-Lloyd have partnered with MAN Energy Solutions to retrofit up to 60 containerships to use green methanol as marine fuel. MAN Energy Solutions announced it signed an…
https://gcaptain.com/seaspan-and-hapag-lloyd-to-retrofit-up-to-60-ships-to-green-methanol/
Fire on Grimaldi Lines’ roll-on/roll-off containership Grande Costa D’Avorio kills two firefighters at the Port Newark–Elizabeth Marine Terminal at the Port of New York and New Jersey. The Coast Guard…
https://gcaptain.com/two-firefighters-killed-battling-ship-fire-at-port-newark/
An Iranian court continues to seek the seizure of a Chevron-operated oil tanker following accusations it hit an Iranian vessel and sailed away, Iran’s state news agency IRNA reported July 6. The Bahamas-flagged Richmond Voyager collided with an Iranian vessel and then changed course, entering Omani...
DUBAI, July 6 (Reuters) – Iran said on Thursday it had a court order to seize a tanker in Gulf waters a day earlier after it collided with an Iranian vessel, one…
https://gcaptain.com/iran-says-it-had-court-order-to-seize-chevron-tanker-after-collision/