|Type||Date of Build||FlagValue||RegisterValue||Port of Regestry|
|Multi Purpose Offshore Vessel||2014-06-06||Bahamas||NASSAU|
|IMO Number||Official Number||Call Sign|
|Legnth||Breadth||Gross tonnage||Net tonnage||Deadweight tonnage|
Cargoes have come off ships at sea it seems like forever. Some years ago a ship suffered a casualty transiting the English Channel in a storm. Much of its cargo of lumber and other floating items washed ashore on the southwest English coast. Before the authorities could arrive, enterprising local residents gathered it up.Nowadays, the majority of non-bulk cargo is carried in containers. Container ships have gotten larger and are capable of carrying thousands and thousands of containers. The ships have greater length, greater breadth, and greater draft. They also have greater air draft.
Belgian tanker operator Euronav reported record-high second-quarter earnings on Thursday but warned that floating storage demand had eased sooner than it expected.The company, which operates shipping and storage of crude oil, benefited from soaring demand for oil storage at sea as buyers struggled to find storage space on land for surplus crude during a global economic slump caused by the coronavirus pandemic.“Tanker markets continued to deliver strong earnings throughout Q2 and into the early part of the third quarter", Chief Executive Hugo De Stoop said in a statement, but noted floating storage requirements declined sooner than it expected.
The United States sent a shipment of crude to Saudi Arabia in June, data from the U.S. Census Bureau showed on Wednesday, in what appears to be the first such delivery since the U.S. ban on crude exports ended in 2015.The United States shipped about 550,000 barrels, or 18,300 barrels per day (bpd), of crude to Saudi Arabia in June, U.S. Census data shows. The U.S. Energy Information Administration has no recorded instances of a U.S. crude shipment to Saudi Arabia.U.S. Census data shows a miniscule 1,000-barrel shipment to Saudi Arabia in 2002. That was during the four-decade ban on exports.
The global coronavirus pandemic has had a huge impact on society and on business. Working from home has become the new normal and many industries have quickly adjusted. But in an industry as traditional as shipping, this is causing a major shake-up, not least in the uptake of technology.According to satcom specialist IEC Telecom, the demand for digital technology has risen tenfold as maritime businesses embrace new ways of working during the coronavirus pandemic.Another recent study from members of Maritime Singapore highlights that when companies digitalize their processes, they increase their performance, focus more deeply on innovation, and create more value.
Mississippi-based ST Engineering Halter Marine and Offshore has recently won a contract to retrofit new propulsion and maneuvering systems on an ocean towing tug, Signet Warhorse II, for Signet Maritime Corporation.The scope of work included removing existing shafts and fixed-pitched propellers to be replaced with Controllable Pitch Propellers consisting of shaft bearings and shafts. Auxiliary components including the oil distribution box and feedback unit were integrated into the machinery space.The existing bow tunnel thruster was replaced with a retractable azimuth thruster.