COSCO (Zhoushan) Shipyard Co., Ltd.

The U.S. Coast Guard said Monday it was, together with local fire agencies, responding to a barge fire approximately 9 miles south of Port Mahon.Watchstanders at the Sector Delaware Bay Command Center received a call at approximately 1 a.m. reporting a barge on fire in the Delaware River.  The barge was reportedly carrying household appliances for scrap, the U.S. Coast Guard said.The Coast Guard launched a 29-foot Response Boat-Small boatcrew to assist and continue to monitor the situation. "There are six fireboats on scene from local fire agencies actively fighting the fire," the U.S. Coast Guard said.

As the geopolitical landscape continues to quickly transform with the Russia/Ukraine war, Europe's over-dependence on Russian energy has become painfully apparent. VSM – the German Shipbuilding and Ocean Industries Association that represents the political and commercial interests of the German maritime over a diversity of maritime market segments – issued the following statement and overview of the global shipbuilding market, highlighting how highly subsidized shipbuilding markets in China and South Korea threaten the very existence of European shipbuilding.The German and European maritime industry is facing major challenges.

Samson has launched ICARIA for Workboat, a full suite of digital services dedicated to tug line management. ICARIA for Workboat includes a new Inspection App designed to ease usage and condition data collection, an online portal CONNECT designed for trend and data analysis, and the company's online CLASSROOM, which includes courses designed to build crew competencies.ICARIA for Workboat will help users track line usage and maintenance, document damage, and provide the data to make line retirement decisions.

The Baltic Exchange's main sea freight index rose on Monday, hitting its highest in more than five months on gains in the capesize segment.The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, gained 25 points, or 0.8%, to 3,369 points, its highest since Dec. 8.The capesize index rose 76 points, or 1.7%, to 4,602 points.Average daily earnings for capesizes, which typically transport 150,000-tonne cargoes such as iron ore and coal, were up $631 at $38,169.

Norwegian engineering and construction firm Aibel's yard in Thailand has completed the construction of the Dogger Bank A wind farm substation topside, in what is the first ever HVDC converter platform exported from Thailand.Loaded on a BigLift heavy transportation vessel, the topside is now en route to Haugesund, Norway where further equipment will be installed ahead of the installation at its final offshore location at what will be the world's largest offshore wind farm, the Dogger Bank, offshore the UK.According to Aibel, the first steel for the project was cut in August 2020 during the global pandemic, which had forced the entire engineering team to work from home.