Maritime Vessels Directory

There could be a shortage of merchant sailors to crew commercial ships in five years if action is not taken to boost numbers, raising risks for global supply chains, a report said on Wednesday.The shipping industry is already struggling with crewing shortfalls due to the coronavirus pandemic, a situation that will exacerbate expected labour supply problems over the next few years, according to the study published by trade associations BIMCO and the International Chamber of Shipping (ICS).The Delta variant of the coronavirus has hit hard in parts of Asia and prompted many nations to cut off land access for sailors.

Philippine Creditors Set to Sell Debt-laden Shipyard

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Philippine creditors are close to selling a strategically located but debt-laden shipyard north of the capital Manila, government officials said on Tuesday, with a North American company cited as being an investor in the deal.Hanjin Philippines, a unit of South Korea's Hanjin Heavy Industries & Construction Co Ltd, in 2019 defaulted on $1.3 billion in loans, of which $900 million is owed to South Korean banks and the rest to five Philippine lenders.Talks with investors were almost complete, presidential spokesperson Harry Roque told a news conference.

DNV Supports Safe Crew Change Program in South East Asia

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Classification society and risk management expert DNV said Wednesday it would take on an "instrumental role" in helping to facilitate safe crew changes amid South East Asia’s COVID crisis as an auditor in the multi-party backed CrewSafe program.CrewSafe is the creation of the Singapore Shipping Tripartite Alliance Resilience (SG-STAR) Fund Task Force (SFTF), which was established by the Singapore Shipping Association (SSA), the Maritime and Port Authority of Singapore (MPA), Singapore Maritime Officer’s Union (SMOU) and the Singapore Organisation of Seamen (SOS) and later joined by the International Transport Workers’ Federation (ITF)

Morocco to Sell Sake in Port Operator Marsa Maroc to Tanger Med

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The Moroccan government has agreed to sell a 35% stake in terminal operator Marsa Maroc to Groupe Tanger Med, raising 5.48 billion dirhams ($610 mln) for state coffers, Marsa Maroc said on Tuesday.The government will retain 25% of the capital and voting rights in Marsa Maroc, a Casablanca-listed company that manages terminals at 9 Moroccan ports, the statement said, without providing further details.Tanger Med manages a container and passenger port as well as 2000 hectares dedicated to industry and logistics linked to the port.Tanger Med port, the main export hub for Morocco's automotive industry, is the largest in Africa and in 2020 it outperformed Mediterranean rivals by handling 5.

Seaway 7 Books Siem Offshore Vessel for Seagreen Wind Farm Work

3 hours ago

Seaway 7, a renewables branch of offshore installation firm Subsea 7, has chartered one of Siem Offshore's offshore subsea construction vessels (OSCVs).The contract is set to begin in the fourth quarter of 2021, when the vessel will provide walk-to-work services as part of the construction phase of the Seagreen offshore wind farm, in the UK North Sea, 27km offshore Scotland.Under the contract, the vessel will remain with Seaway 7 for a period of 300 days. This is the largest contract for a Siem OSCV since 2018. Seaway 7 will have extension options.

Maritime Reporter and Engineering News (June 2021)

USCG Fleet Modernization Annual