Bangladesh Shipping Corporation to Get $22.48 Million for Ship Hit by Missile in Ukraine

[Maritime Today]

The maritime industry's original and most viewed e-news service February 28, 2023 Maritime Today The maritime industry's original and most viewed e-news service Bangladesh Shipping Corporation to Get $22.48 Million for Ship Hit by Missile in Ukraine Insurers are about to pay state-owned Bangladesh Shipping Corporation (BSC) $22.48 million for its vessel that was hit by a missile during fighting in Ukraine, two officials involved said on Tuesday.The expected settlement is one of the first shipping claims to have been paid out since Russia invaded Ukraine on Feb. ABS Wavesight’s My Digital Fleet™ Answering the Call of Digitization and Sustainability Sponsored Australia Bans MSC Containership Over Safety Deficiencies A Liberian-flagged containership operated by MSC Shipmanagement Ltd (MSC) has been banned from Australian ports for 90 days over a long list of safety failures and deficiencies Featured video Risky Business: Ranking & Reporting on Maritime Risks in 2023 Allianz recently released its 12th Annual Risk Barometer for the maritime industry. Rich Soja, Allianz’ Global Head of Inland Marine & North American Head of Marine Ukraine Urges UN and Turkey to Start Talks to Extend Grain Deal Ukraine has sent an appeal to the UN and Turkey to start negotiations on extending a grain export deal, but so far there has been no response, a Ukrainian government source said on Tuesday. Shell and Hapag-Lloyd Ink LNG Supply Deal German container liner Hapag-Lloyd announced it has signed a multi-year agreement with Shell to bunker its ultra large dual-fuel containerships with liquefied natural gas (LNG) in the Port of Italy: Police Arrest Three Alleged Traffickers after Fatal Migrant Boat Wreck Italy has arrested three people who they believe trafficked up to 200 migrants aboard a wooden boat that smashed apart on rocks off southern Italy on Sunday, killing at least 64 people Interview: Five Minutes with Robert Ekse, President, EBDG Late last year we caught up with Robert Ekse, President, Elliott Bay Design Group (EBDG), for his take on how the Future Fuels debate is effectively shaping maritime technology development and C-Job says New Ship Design Tool Cuts Lead Time in Half C-Job Naval Architects and VIKTOR have worked together on the ACD Resistance Module, a tool that will benefit shipowners during the ship design process. Maritime Reporter and Engineering News (February 2023) pdf • online Government Shipbuilding Picks Up The U.S. Navy, Coast Guard and NOAA all have vibrant shipbuilding aspirations. Is the industrial base geared up to support it? By Edward Lundquist Floating Production Demand Grows With a strong rebound in oil prices and energy insecurity, the market for FPSOs, FLNGs and FSRUs is strong for 2023 and beyond. By Greg Trauthwein Floating is Offshore Wind’s Future While the bottom fixed offshore wind market still evolves in the U.S., eyes are already on floating wind and the technical challenges ahead. By Paul Bartlett Alternative Fuels: Hydrogen to the Fore Alternative fuels in the maritime space are premised on green, available choices. A French hydrogen project is pushing the envelope. By Tom Ewing Interview: Jens Groth, CEO, Chris-Marine Led by its energetic young CEO, Chris-Marine finds itself in transition: firmly rooted in its traditional business of creating the tools and technique to keep commercial ship engines running, but at the same time transitioning its revenue to include services. By Greg Trauthwein FSG Lays Keel for SeaRoad's New RoRo Ship German shipbuilder Flensburger Schiffbau-Gesellschaft (FSG) on Monday held a keel laying ceremony for a new new roll-on / roll-off (RoRo) vessel currently under construction Tasmanian shipping and ABS Issues CyberSafety Certification for Nabtesco Engine Control System After prototype testing in January 2023, classification society ABS has issued the world's first ABS CyberSafety Product Design Assessment (PDA) certification for the main engine and main propulsion USCG Research and Development Center Turns 50 The U.S. Coast Guard Research and Development Center (RDC) on Monday celebrated its 50th anniversary during an open house event at the center’s campus next to Fort Trumbull in New London, Conn. Moose Boats Wins New Fireboat Order San Francisco Bay Area shipbuilder Moose Boats announced it has been awarded a contract from the Woodbridge Fire District for the construction of a M3-36 Monohull to serve as a fireboat in Marlink Providing Network Solutions for Quark Expeditions Marlink has provided high throughput hybrid network solutions for Quark Expeditions’ MV Ultramarine since the start of the 2021 Arctic season. Baltic Index Marks Best Month in Five on Stronger Vessel Demand The Baltic Exchange's main sea freight index posted its biggest monthly percentage gain in five months, supported by higher rates across vessel segments. Alfa Laval Debuts Compact PureBilge Alfa Laval announced the launch of PureBilge Compact, a compact version of the oily water separator PureBilge, designed to reduce the sytems footprint and ease install. 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