Peak Gasoline Demand Looms with Engine Efficiency Gains
Demand for gasoline in the United States, which accounts for a tenth of global oil consumption, is expected to peak next year as engines become more efficient, WoodMackenzie analysts said.
ABS Advises on Hybrid Electric Power Systems
ABS has published the ABS Advisory on Hybrid Electric Power Systems to help marine and offshore owners and operators make decisions about energy generation and storage. “ABS continues to lead industry safety with the first comprehensive Advisory to address the latest hybrid electric power technologies,” said ABS Chairman, President and CEO Christopher J. Wiernicki. With the increased industry focus on environmental compliance and operational performance…
Windea Leibniz Delivered to Bernhard Schulte
The newly built wind farm service vessel Windea Leibniz was delivered from Ulstein Verft to Bernhard Schulte Offshore and ICBC Leasing on February 28, and named March 2 at a ceremony in Ulsteinvik, Norway. Beginning in April, the vessel will work at the Sandbank wind farm in the German Bight for Siemens Wind Power Service to help ensure energy production from the site’s 72 wind turbines. Windea Leibniz…
Bureau Veritas Gains EU Maritime MRV Accreditation
Bureau Veritas has gained accreditation from United Kingdom Accreditation Services (UKAS), in their pilot scheme, to carry out assessments and verifications for compliance with the European Union’s Maritime Monitoring, Reporting and Verification (EU MRV) regulation. The regulation, part of the EU’s commitment to reduce greenhouse gas emissions, requires operators to monitor and report on CO2 emissions based on ship fuel consumption.
DSC Dredge Digs In
The world of dredging is defined by the vast diversity of each assignment that contractors perform on any given day. Fortunately, DSC’s standard lineup of dredge…
Räsänen Joins Foreship
Foreship has appointed Jan-Erik Räsänen as its Head of New Technology effective from March 1, 2017. The new role expands Foreship’s energy-saving consulting services at a time when the cruise industry is considering the best way of harnessing fast-emerging hybrid, battery and fuel cell technologies. Based in Helsinki, Mr Räsänen will focus on helping owners implement energy-saving measures already developed by Foreship.
Cross-Bay Ferry Reports Ridership Gains
The Cross-Bay Ferry carried a record 6,000-plus paying passengers in February, and experienced significant ridership growth in February for both weekday and weekend service between Tampa and St. Petersburg. During February, Cross Bay Ferry sold 6,070 tickets, a 57-percent rise from January, and a record for the 6-month test. The ferry has now carried nearly 23,000 people since the pilot project began.
Damen Plunges into LNG Market
Damen Shipyards Group’s range of Liquefied Gas Carriers is a response to the changes seen in the maritime LNG market in recent years. The Dutch company’s designs meet a variety of capacity requirements, from 500 m3 to 7,500 m3. The maritime LNG market has long been faced with the conundrum around the subject of supply and demand. Ship owners have been reluctant to make the switch to LNG because of the lack of bunkering infrastructure.
ClassNK Earns EU MRV Accreditation
After undergoing extensive assessments, classification society ClassNK has received accreditation from the UK-based national accreditation body UKAS (United Kingdom Accreditation Service) as an EU MRV verifier, effective as of March 1, 2017. EU MRV is an EU regulation on the monitoring, reporting and verification of carbon dioxide (CO2) emissions from vessels, which first entered into force on July 1, 2015.
DFDS Sees Little Effect from Brexit So Far
Ferry and logistics operator DFDS has many activities and 2,200 employees in the U.K., placing it at the heart of the ongoing “Brexit” process following the U.K.’s vote to leave the EU and making the firm an early indicator of changes in trade and passenger movements. In a post on its website, the Danish based firm addressed Brexit’s immediate and long-term impact, stating that it has seen little to no effect on trade so far.
Baltic Index up on Stronger Rates Across All Segments
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Thursday as rates for all vessel segments strengthened…
A Case for LNG-fueled Mobile Offshore Units
GustoMSC, a Dutch design and engineering company focused on offshore energy, says the offshore industry has much to gain from examining the feasibility of using liquefied natural gas (LNG) to fuel mobile offshore units such as construction vessels, drillships, jack-ups and semi-submersibles. GustoMSC has been monitoring the development of LNG as a marine fuel for several years, culminating in a recently finished R&D project into LNG for its design portfolio.
SocGen Arranges Financing for Oman Shipping's Tanker Play
Oman Shipping Company, wholly owned by the government of Oman, raised $227 million in debt to back the purchase of 10 tankers, Societe Generale said on Thursday.
Biofuels Can Cut Some Transport Emissions
Growing use of electric vehicles around the world is helping lower climate changing emissions, but some means of transport will be hard to electrify, particularly air travel and shipping…
Vard Secures Trawler Build Contract
Vard Holdings Limited said it has secured a contract to build a pelagic trawler for Research Fishing Company, based on Shetland. The contract value is approximately NOK 350 million (roughly $41.4 million USD). In close cooperation with the ship owner, the vessel is designed by Skipsteknisk in Ålesund, Norway. It will also be built, equipped and completed in Norway. Delivery is scheduled from Vard Langsten in 3Q 2018.
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