Coast Guard: Report of Investigation on 2023 GRANDE COSTA D’AVORIO Vessel Fire
The Coast Guard’s Office of Investigations and Casualty Analysis recently released a Report of Investigation (ROI) regarding the fire on the Italian flagged cargo vessel GRANDE COSTA D’AVORIO and subsequent fatalities of two Newark Fire Department firefighters. The vessel was conducting cargo operations at Berth 18, Port Newark, New Jersey on July 5, 2023, at the time of the event. The ROI can be found…
Russian Drone Hits Two Foreign-Flagged Vessels Near Odesa
Russia has attacked two foreign-flagged civilian vessels with drones in the southern Odesa region, killing a Syrian national and injuring another, Ukrainian officials said on Friday.Moscow has stepped up attacks on Ukraine's maritime export arteries over the last two months as retaliation for attacks on "shadow fleet" tankers heading to Russia to export its oil.Deputy Prime Minister Oleksiy Kuleba said in a statement that one ship had been sailing along Ukraine's maritime export corridor to pick
US Seizes Fifth Tanker in Venezuela Blockade
The U.S. has seized the Olina tanker in the Caribbean, the fifth vessel targeted in recent weeks as Washington steps up efforts to curb Venezuelan oil exports, U.S. officials said on Friday.The Olina, which according to public shipping database Equasis was falsely flying the flag of Timor Leste, previously sailed from Venezuela and had returned to the region, said an industry source with direct knowledge of the matter.In a pre-dawn move…
OPEC Oil Output Falls in December After Low Supply From Iran, Venezuela
OPEC's oil output fell in December due to lower supply from Iran and Venezuela, which offset an OPEC+ agreement to raise production for the month, a Reuters survey found on Friday.The Organization of the Petroleum Exporting Countries pumped 28.40 million barrels per day last month, down 100,000 bpd from November's revised total, the survey showed, with Iran posting the largest decline.OPEC+, comprising OPEC and allies including Russia…
IMO: Raft of Shipping Rules in Place January 1, 2026
A set of amendments to key IMO treaties and Codes have entered into force on January 1, 2026. They include the following: Preventing and responding to bullying, harassment and sexual assaultAmendments to the Seafarers' Training, Certification and Watchkeeping Code (STCW Code) aim to prevent and respond to violence and harassment in the maritime sector, including sexual harassment, bullying and sexual…
Rio Tinto Floats Glencore Merger
The Rio Tinto marine team ia a leading charterer, chartering and operating a fleet of more than 230 ships to transport over 300 million tonnes of product every year. Glencore shares rose by 10% on Friday following news it is in talks with Rio Tinto about a takeover that would create the world's largest mining group, valued at almost $207 billion.While Glencore gained, Rio Tinto shares fell by as much as 3%…
Port Authority of NSW Assists Fire Response after Vessels Burn and Sink at Marina
The Port Authority of New South Wales (NSW) has assisted Fire and Rescue NSW in containing and extinguishing a fire that destroyed and sank three vessels and caused significant damage to a fourth at Spit Bridge Marina in Mosman, Australia.The authority deployed four vessels to the site, including its dedicated firefighting vessel Girawaa, which was used to pump up to 16,000 litres of seawater per minute…
Ulstein Verft Launches First of Two JP Morgan’s CSOV Newbuilds
Norwegian shipbuilder Ulstein Verft has launched first of the two offshore wind commissioning service operation vessels (CSOVs) under construction at its yard for J.P. Morgan.On January 2, Ulstein Verft towed the CSOV yard number 322 from the dock hall to the outer dock, where the yard’s heavy-lift department installed the vessel’s tower using a crawler crane with a lifting capacity of up to 600 tonnes.Late in the month…
Drydocks World to Convert LNG Carrier into FSU for Gabon Project
Drydocks World, a unit of Dubai-owned ports and logistics group DP World, has signed a contract with Dixstone Lower Gulf FZCO to convert an LNG carrier into a floating storage unit (FSU) for use in Gabon’s offshore gas development.The engineering, procurement and construction project will see the LNG carrier transformed into the FSU Cap Lopez, supporting Gabon’s floating LNG development by enabling offshore gas liquefaction…
