[Letter to the Editor] Remotely Operated Locks: An Unnecessary Cyber Risk
In reference to the article Remotely Operated Locks: Progress, But Still Under Study, from the May 2020 edition of Marine News magazine.One can only wonder after the Colonial Pipeline cybersecurity disaster why the U.S. Army Corps of Engineers…
April imports from Asia down from March but still impressive
US imports from Asia increased 29.3 percent in April from the same month in 2020, the 10th consecutive month of year-over-year growth since the US economy reopened last summer from initial COVID-19 lockdowns and the busiest April on record.[caption caption="Click...
Designated Risk Areas: Arbitrary Lines or Useful Tool for Illustrating Risk?
The art of drawing lines on maps is fraught with contention. Sir Mark Sykes and François Georges-Picot are likely unfamiliar to many, but their names and actions live on. Their role in carving up the Ottoman Empire toward the end of the of World…
Don’t Miss the Boat in the Subsea Vessel Market
The supply/demand balance in the subsea vessel market is shifting as activity levels rise markedly across many of the sectors these vessels support. Operators and contractors need to be decisive in securing the assets they need, according to Jonathan Lints of broker Clarksons Platou (Offshore)…
ADSB Scores $950 Million UAE Patrol Boat Contract
The United Arab Emirates has signed a 3.5 billion dirham ($950 million) contract with Abu Dhabi Ship Building (ADSB) to manufacture four new patrol vessels for the Gulf Arab state's navy, ADSB said on Tuesday.The Falaj 3-class Offshore Patrol Vessel contract was ADSB's largest ever order, which Chie
Baltic Dry Index Extends Drop
The Baltic exchange's main sea freight index dropped for a fifth consecutive session on Tuesday, as rates for capesize and panamax vessel segments fell.The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels ferrying dry bulk commodities, fell 61 points, or 2.1%, to 2,795
Fratelli Neri Names Three New Tugs
On May 15, Fratelli Neri held a naming ceremony for three Damen RSD Tugs 2513 in Livorno, Italy. Two of the vessels, named Romito and Calafuria were built at Damen Shipyards Galati and were delivered to Fratelli Neri at the end of 2019. Both…
AMS Buys Damen Fast Crew Supplier to Serve French Offshore Wind Market
French workboat operator Atlantique Maritime Services (AMS) has acquired a Fast Crew Supplier from the Dutch shipbuilder Damen.The Damen FCS 2610, named JLD Jayce, will be the first Damen Crew Transfer Vessel fully dedicated to the French offshore wind industry…
DB Schenker Americas announces expansion of Indianapolis facility
The company said that the expansion is comprised of an additional 5,000 square-feet (SF) of cold room and 50,000 (SF) of controlled room temperature space. And it added that this facility, which the company opened in 2006, also incorporates 9,000 SF of +2C to +8C space, 100,000 SF of +15C to +25C space, and dedicated capacity on its own-controlled flights to and from Luxembourg, which, along with Luxembourg serve as major centers of vaccine/pharmaceutical activity.
U.S. diesel prices see gains for the third consecutive week
For the week of May 17, the national average came in at $3.249 per gallon, topping the week ending May 10, at $3.186 per gallon, by 6.3 cents. This followed a 4.4-cent increase, for the week of May 10, and a 1.8-cent increase, to $3.142, for the week of May 3.