Maritime Vessels Directory

The superyacht that sank off Sicily last year, killing British tech tycoon Mike Lynch and six others, will be lifted out of the water next month after its mast is dismantled, people close to the matter said on Tuesday.The recovery of the British-flagged Bayesian, lying on its right side at a depth of around 50 metres (164 feet), could help explain why it went down during a sudden storm off the port of Porticello, near Palermo - an event that has baffled naval experts.The salvage operation will be managed by a joint venture of Dutch companies HEBO Maritiemservice and Smit Salvage, the Italian officials, who declined to be named as they are not authorised to speak on the matter, said.

US Waters Down China Ship Fee Plans, COSCO Remains Indignant

yesterday

On April 17, the Trump administration shielded domestic exporters and vessel owners servicing the Great Lakes, the Caribbean and U.S. territories from port fees to be levied on China-built vessels.The Federal Register notice posted by the U.S. Trade Representative (USTR) was watered down from a February proposal for fees on China-built ship of up to $1.5 million per port call.Ocean shipping transports about 80% of global trade - from food and furniture to cement and coal. Industry executives feared virtually every cargo carrier could face steep, stacking fees that would make U.S. export prices unattractive and foist annual import costs of $30 billion on American consumers.

Atlantic Zonda Drillship Starts its Maiden Job with Petrobras

2 days ago

The seventh generation Atlantic Zonda drillship, managed by Ventura Offshore Midco, has started operations for Petrobras under a three-year drilling contract.The Atlantic Zonda is managed by Ventura Offshore through marketing and operating agreements with the rig owner, Eldorado Drilling, and the company will earn its management fees and reimbursable revenues from these agreements.Following the delivery of the Atlantic Zonda from Samsung shipyards, contract preparations were carried out in Singapore, where the rig was upgraded with the most advanced technological drilling package available.

US Plans New Offshore Oil and Gas Lease Sales

2 days ago

US Secretary of the Interior Doug Burgum has directed the Bureau of Ocean Energy Management (BOEM) to begin a public engagement process to develop a new schedule for offshore oil and gas lease sales on the U.S. Outer Continental Shelf.“Launching the process to develop the 11th National Outer Continental Shelf Program marks a decisive step toward securing American Energy Dominance,” said Secretary of the Interior Doug Burgum. “Through a transparent and inclusive public engagement process, we are reinforcing our commitment to responsible offshore energy development—driving job creation, bolstering economic growth and strengthening American energy independence.

USTR Implements Port Fee Proposal

an hour ago

On April 17, 2025, the Office of the US Trade Representative (“USTR”) published a notice of action (the “USTR Notice”) implementing its port fee proposal, first announced on February 21, 2025. The rules differ substantially from the February proposal (summarized here). The calculation of the fees has changed to a net tonnage-based fee (or for certain vessels, based on containers discharged or Car Equivalent Units). Several points have been clarified. Specialized rules apply to LNG transportation and vehicle carriers, including fees and restrictions on non-Chinese vessels.

Maritime Reporter and Engineering News (April 2025)

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Maritime News

Bayesian Salvage to Commence in May

US Waters Down China Ship Fee Plans, COSCO Remains Indignant

Atlantic Zonda Drillship Starts its Maiden Job with Petrobras

US Plans New Offshore Oil and Gas Lease Sales

USTR Implements Port Fee Proposal