Prysmian Wins Equinor's Empire Wind Gig
Norwegian energy company Equinor has contracted Italian cable manufacturer Prysmian to supply the submarine inter-array cable system for the 816-MW Empire Wind project…
Ocean Yield Adds LR2 Tanker Trio
Norwegian ship owner and operator Ocean Yield ASA has taken delivery of three long range 2 (LR2) product tankers built in China.The three LR2 product tankers are Navig8 Pride (2018-built)…
Grieg Star Adds Newbuild to Fleet
Norwegean shipping company Grieg Star has taken the 64,000 DWT Star Gaia on a long term tariff contract (lTTC) deal for seven years.Star Gaia is a part of the G2 Ocean bulk pool.
Meyer Turku Delivers Costa Smeralda
Finish shipbuilder Meyer Turku delivered liquefied natural gas (LNG)-fuelled Costa Smeralda to Italian owner Costa Cruises, a brand of Carnival Corporation.The brand's…
Partnership Envisions Ammonia-Fueled Feeder Ship
ABS joined forces with MAN Energy Solutions (MAN) and the Shanghai Merchant Ship Design & Research Institute (SDARI) to develop an ammonia-fueled feeder vessel.The…
New Jet Propulsion Systems for WorkBoat
Boston-based Sea Machines Robotics announced has successfully commissioned an SM300 autonomous control system aboard a HamiltonJet-powered workboat in New Zealand.HamiltonJet…
Jan De Nul Cuts CO2 in Dredging Work
Jan De Nul Group, the international dredging company, said that the maintenance dredging works in the marinas of Nieuwpoort on the Belgian coast got underway.“What makes this project so unique…
TEN Extends LNG Carrier Charter
The diversified tanker operator Tsakos Energy Navigation (TEN) announced the extension of one of its liquefied natural gas (LNG) carriers for a minimum one-maximum…
GWS Wins Northwester 2 Turbine Contract
Danish wind turbine installation and service company Global Wind Service (GWS) has secured a contract to support MHI Vestas on the Northwester 2 offshore wind project…
ZF Unveils Condition Monitoring for Thruster Systems
Marine propulsion systems company ZF has introduced an intelligent Condition Monitoring System for thrusters. The technology monitors the status of the thruster system and helps shipyards, shipping companies and fleet operators maintain the safety and efficiency of their ships as well as extend the service life of the propulsion system. In addition to that, a new oil cleaning system ensures oil quality…
NORDEN Examining Biofuels
NORDEN partners with Danish based Kvasir Technologies, a spinout from the Technical University of Denmark with a patented technology to produce fuel from plant material.“At NORDEN, we want to drive the shipping industry towards a cleaner future. If we are to truly make a difference, testing fuel alternatives is the right starting point,” says Henrik Røjel, Fuel Efficiency and Decarbonization Manager at NORDEN.
CME Adds Two Delivery Points to WTI Houston
CME Group on Thursday said it would add two more delivery points for its WTI Houston crude futures contract, pending regulatory review, as it seeks to provide customers with additional options to hedge physical price risk.* Beginning with the March 2020 contract, customers can take delivery of U.S.
Baltic Index Dips on Sluggish Capesize Demand
The Baltic Exchange's main sea freight index declined on Thursday as rates for capesize vessels fell, offsetting gains in other vessel categories.* The Baltic index, which tracks rates for capesize, panamax and supramax vessels that ferry dry bulk commodities, fell 24 points, or 1.5%, to 1,575 points.* The capesize index was down by 57 points, or 1.7%, to 3,325 points, ending a nine-day gaining streak.* Average daily earnings for capesizes…
Tankers Running on Fumes as Shipping Fuel Switch Causes Delays
Disruption to shipping from the long-anticipated switch to more environmentally friendly marine fuels has finally arrived, exacerbated by logistical problems as much as any shortage of the cleaner fuel.New International Maritime Organization (IMO) rules, referred to as IMO 2020, aim to stop ships from using fuels containing more than 0.5% sulphur unless they are equipped with exhaust-cleaning systems…
Port Operator ICTSI to Double Capacity at Congo Terminal
Philippines-based port operator International Container Terminal Services Inc. (ICTSI) will more than double the capacity of its container terminal in Congo as part of a $100 million expansion, the company said on Thursday.Located on the Congo River, the port city of Matadi, where ICTSI operates the Matadi Gateway Terminal (MGT) under a joint venture with Congolese property management company SIMOBILE…
Interview: Ed Grimm, CEO, Southern Towing Company
“In God we trust. All others must have data.”When Ed Grimm took the helm of Southern Towing Company (STC)as President and CEO, he inherited an enviable team of leaders, engineers, mentors, communicators and analysts. Today STC is a clear leader on the inland waterways, pioneering and proving the business and safety value of Z-Drives on the river towboats.How did you come to the top spot at Southern…
Pirates Kidnap 19 Crew from Tanker off Nigeria
Pirates have kidnapped 19 crew members from a crude oil tanker off Nigeria in an area where acts of piracy are on the rise, an official with the ship's operator said on Thursday.The loaded vessel, the Nave Constellation, was attacked 77 nautical miles off Bonny Island on Tuesday and 18 Indians and one Turk from the crew were seized, the official said.Seven other crew members remain on board the vessel.
SBM Orders Two More Fast4Ward Hulls
SBM Offshore announced it has signed contracts with Chinese shipyards for the construction of the company’s fourth and fifth hulls under its purchase program for Fast4Ward newbuild multipurpose floating production, storage and offloading unit (FPSO) hulls.The contracts were signed with Shanghai Waigaoqiao Shipbuilding and Offshore Co., Ltd. (SWS) and China Merchants Industry Holdings (CMIH). Both yards…
