Seaspan Ferries to Run Its Vessels on Renewable Natural Gas
This week, Seaspan Ferries Corporation became the first Canadian marine company to pilot the use of renewable natural gas (RNG) to reduce greenhouse gas emissions produced by its roll-on, roll-off liquefied natural gas (LNG) powered marine fleet. Seaspan expects that data from the pilot will confirm that, by using RNG, greenhouse gas emissions can be reduced by upwards of 85% versus traditional diesel fuel.Seaspan has worked closely with FortisBC Energy Inc.
LR Digital Twin Approval for Samsung Heavy Industries
Classification society Lloyd’s Register (LR) said it has granted Digital Twin Ready Approval in Principle (AIP) to shipbuilder Samsung Heavy Industries (SHI) for its Smart Ship Solution, SVESSEL CBM and S-Fugas (Samsung Fuel Gas) System.The class approval, which comes as a result of a Joint Development Project (JDP) formed earlier in the year, is SHI's first for a systems engineering approach for developing artificial intelligence (AI)-enabled technology.As part of the project…
California Ports, Key to US Supply Chain, Among World's Least Efficient
Southern California’s Los Angeles and Long Beach ports handle the most ocean cargo of any ports in the United States, but are some of the least efficient in the world, according to a ranking by the World Bank and IHS Markit.In a review of 351 container ports around the globe, Los Angeles was ranked 328, behind Tanzania’s Dar es Salaam and Alaska’s Dutch Harbor. The adjacent port of Long Beach came in even lower…
Fairbanks Morse Defense Names Starr CFO
Power and propulsion solutions company Fairbanks Morse Defense (FMD) announced that Robert Starr is joining the executive team as chief financial officer. In this role, he will lead the corporate finance team and oversee all financial reporting for the company.“Rob’s background working with commercial and military customers makes him a great fit for the Fairbanks Morse Defense team,” said George Whittier, CEO of FMD, an Arcline Investment Management portfolio company.
Yanmar Conducts High-Pressure Ship Refueling Test with Hydrogen
Yanmar Power Technology (YPT) conducted what it touts as the world's first 70 MPa high-pressure hydrogen refueling of a ship using a demonstration test boat equipped with a hydrogen fuel cell system. The 70 MPa high-pressure hydrogen refueling was carried out in cooperation with Toyota Tsusho Corporation, using a specially licensed high-pressure facility and a newly developed prototype long hydrogen refueling hose.
Aker Solutions Inks FEED LOI for Wisting FPSO
Aker Solutions received a Letter of Intent (LOI) for a front-end engineering and design (FEED) contract from Equinor, for the FPSO for the Wisting field development…
Series of Failures After Fire Led to Destruction of USS Bonhomme Richard
A U.S. Navy investigation released on Wednesday found that a fire aboard a warship last year, which was caused by arson, was preventable and that a series of failures after it started led to the destruction of the ship.More than 60 people, including about 40 sailors, were treated for minor injuries during several days of fighting flames on the 844-foot-long (257-meter) amphibious assault ship USS Bonhomme Richard, which was docked for maintenance at its home port at U.S.
Solvang Ethylene Carrier to Be Retrofitted with CCS System
Norwegian shipping company Solvang will pilot a retrofitted carbon capture and storage (CCS) system on one of its ethylene carriers in an effort to test the technology as a potential solution to support decarbonization in the shipping industry.Wärtsilä Exhaust Treatment said it is designing the retrofitted unit while it also completes a land-based 1MW test system at its Moss headquarters in Norway.
Port of Corpus Christi Inks Decarbonization Deal
The Port of Corpus Christi Authority has entered into a Memorandum of Understanding (MOU) with the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL) as part of the Port’s commitment to decarbonization and energy transition initiatives.The agreement between the two parties is intended to advance collaboration between the Port of Corpus Christi, NREL and Port tenants by identifying scalable energy transition and decarbonization projects that require techno-economic-analysis…
Port Houston's Container Surge Continues
Port Houston recorded its seventh consecutive month of double-digit container volume growth as increased consumer spending continues in the U.S.Container activity for September 2021 was 281,500 TEUs, up 11% compared to the same month last year, the port said. Year-to-date, TEUs are up 16% compared to 2020.Port Houston said its steel imports are also up, increasing 161% this month compared to September 2020 and are up 28% year-to-date.
Baltic Exchange Appoints Strategic Carbon Lead
The Baltic Exchange has appointed former RightShip Chief Executive Martin Crawford-Brunt as a Strategic Carbon Lead. The Baltic Exchange recently introduced carbon assessments alongside its spot dry bulk charter rate assessments and is expanding its role to support market mechanisms aimed at reducing CO2 emissions from the shipping sector.Baltic Exchange Chief Executive Mark Jackson said, “The Baltic…
Sam Pan Marine Orders Up to 12 CTVs from Strategic Marine
Singapore-based Sam Pan Marine Holdings Pte Ltd has ordered six Strat Cat 27 (SC27) crew transfer vessels (CTV) from Strategic Marine (S) Pte Ltd, with an option to build and deliver six more vessels.Sam Pan Marine Holdings has also appointed Strategic Marine Group as the exclusive commercial agent to provide commercial management services for the new CTVs, including marketing the vessels for bareboat…
Supply Chain Chaos Set to Extend Further, Port Operator ICTSI Says
The world faces "very prolonged" disruptions to shipping cargo flows, an executive at leading ports operator ICTSI said, as logistical headaches such as truck shortages weigh on backed-up supply chains and rebounding trade drives up volume.Major bottlenecks have formed across the globe in recent months due to a surge in demand for retail goods from people stuck at home under pandemic-related lockdowns…
Baltic Index Dry Snaps Eight-day Losing Streak
The Baltic Exchange's dry bulk sea freight index gained on Wednesday, after falling for eight straight sessions, supported by higher rates across all vessel segments.The overall index, which factors in rates for capesize, panamax, supramax and handysize vessels, rose by 37 points, or 0.8%, to 4,751.The capesize index rose 46 points, or 0.6%, to 7,275, breaking a losing streak of eight sessions.Average daily earnings for capesizes, which transport 150,000-tonne cargoes such as iron ore and coal,
Greece Wants 'Realistic' EU Green Policy for Shipping
EU shipping power Greece has told the European Commission that adding the industry to the bloc's carbon emissions trading scheme should be proportionate and tightly enforced to secure a level playing field for the European fleet in global markets.In a letter sent to Commission head Ursula von der Leyen, Greek Prime Minister Kyriakos Mitsotakis said that countries should also get back the revenue raised…
Reefer Shipping Exhibit Area Opens at Hamburg Maritime Museum
A new exhibition area on the subject of "Reefer Shipping - Transport of Perishable Goods" is attracting visitors to the International Maritime Museum Hamburg (IMMH). Starting October 19, 2021, this new part of the exhibition on deck 6 will present everything on the subject of reefer shipping, using the Hamburg Süd as an example. From the beginning of reefer shipping in 1877 to the present day, the…
Tenth Shell Tanker Joins Signal Maritime Pool
The Signal Group said Wednesday that its shipping arm Signal Maritime has taken commercial management of Silver London, its 10th Shell medium-range (MR) tanker,…
Chevron Books Edda Fides Accommodation Vessel for Wheatstone Work
Oil and gas company Chevron has chartered Edda Accommodation's Edda Fides offshore accommodation unit for operations support in Australia, starting in the second quarter of 2022.Currently on a charter with Norway's Equinor, mono-hull vessel Edda Fides will provide accommodation and associated facilities for up to 300 people for an upcoming turnaround maintenance event on the Wheatstone offshore gas processing platform…
Singapore Charges Two for Corrupt Bunker Trading
Singapore authorities have charged two individuals in court for alleged corruption in relation to the trade and supply of marine fuels, the Corrupt Practices Investigation Bureau (CPIB) said in a statement.Afzal Bin Mohamed Ekbar, a bunker trader at KPI Bridge Oil Singapore Pte Ltd at the time, had allegedly obtained at least $191,000 on multiple occasions between 2017 and 2018 from the director of Straits Bunkering Pte Ltd, Shafiq Bin Nezammuddin, as kickbacks for nominating Straits for the sup
LNG Carrier Rates More Than Double in Two Weeks
Tanker rates to ship liquefied natural gas (LNG) have more than doubled since the start of the month as a power crisis in Asia and Europe drives up demand for vessels, industry sources said on Tuesday.The daily charter rate for a tri-fuel diesel-electric (TFDE) vessel that can carry 160,000 cubic meters of LNG to Pacific basin ports rose to $202,500 a day on Tuesday, the highest since Jan. 15, according to data from Spark Commodities.For the same type of ship moving in the Atlantic basin…
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