Maritime Vessels Directory

Estonia, Sweden and Finland will look into fresh evidence on the sinking of the ferry Estonia, which went down 26 years ago on Monday with the loss of 852 lives in Europe’s worst peacetime maritime disaster since World War Two.The roll-on roll-off ferry, carrying 803 passengers and 186 crew, sank on a stormy Baltic Sea shortly after midnight on Sept. 28, 1994. The official investigation in 1997 concluded that the bow shield had failed, damaging the bow ramp and flooding the car deck.However, Sweden said that a Discovery Network documentary about the disaster included new underwater video images from the wreck site showing damage on the starboard side of the wreck.

Tankers Carrying Iranian Fuel Enter Venezuelan Waters

51 minutes ago

The first of a group of three tankers carrying Iranian fuel for gasoline-starved Venezuela entered the waters of the South American nation on Monday, according to Refinitiv Eikon data, in the most recent sign of the countries' expanding trade.The two OPEC members have increased cooperation this year by exchanging crude, fuel, food, equipment for refineries and other industrial goods. Many details about the transactions are not available, however.The Iran-flagged tanker Forest, transporting some 270,000 barrels of fuel loaded in the Middle East, entered Venezuela's exclusive economic zone around 8:05 a.m. local time (1205 GMT) without any disturbances, according to the data.

More than 400,000 Seafarers Are Still Stuck at Sea

3 hours ago

The number of mariners stranded on ships at sea is steadily rising as the crew change crisis brought on by the coronavirus pandemic continues with no end in sight.Travel and transit restrictions in place due to COVID-19 have severely impacted seafarers, the number of crew members whose contracts have been extended by several months has continued to rise despite multiple pleas to governments to designate them as essential key workers and to facilitate their travel.According to the International Maritime Organization (IMO), some 400,000 seafarers from across the globe are now stuck on vessels, continuing to work but unable to be relieved

Sovcomflot to Sell up to 17% Stake in Moscow IPO

8 minutes ago

Russia's top shipping company Sovcomflot plans to sell a 15.5%-17% stake in new shares and raise around 42.25 billion roubles ($534 million) in an initial public offering (IPO) on the Moscow Exchange, the company and analysts said on Monday.Sovcomflot's IPO comes at a difficult time for the Russian currency as rising coronavirus cases worldwide threaten an oil price recovery and reduce risk appetite among investors.The rouble was trading close to a 6-month low against the U.S. dollar on Monday.State-owned Sovcomflot, which specializes in shipping petroleum and liquefied natural gas, has set the IPO price range at between 105 and 117 roubles per share, it said on Monday.

Bermuda Ferry Returns to Gladding-Hearn for Refit

3 hours ago

Resolute, one of two high-speed passenger catamarans delivered by Gladding-Hearn Shipbuilding, Duclos Corporation to Bermuda's Ministry on Transport in 2002, has returned to the shipyard for a complete refit. The project’s completion is scheduled for May 2021.Designed by Incat Design (currently Incat Crowther), the all-aluminum 250-passenger vessel measures 84 feet long, 30 feet abeam and draws 5.3 feet.Among myriad items to remove, repair or replace is replacing the vessel’s Detroit Diesel engines with new engine controls and monitoring systems to operate twin MTU 10V2000M72 diesel engines, each delivering 1205 hp at 2250 rpm.

Maritime Reporter and Engineering News (September 2020)

Marine Design Annual