FPSO Demand Booming: 10 Units Expected to Be Ordered in 2022
More FPSO contracts were awarded in the second quarter of 2021 than during the whole of 2020, with Rystad Energy expecting FPSO awards to reach a total of 10 units in 2021. Rystad has also noted muted interest from suppliers for some recent FPSO tenders, citing a nearly full capacity with several suppliers unable to take on new projects.Further, Rystad sees another 10 FPSO orders in 2022, which will…
Suez Canal 1H Revenue Hits $3B
Egypt's Suez Canal earned revenue of $3 billion in the first six months of 2021, up 8.8% compared with the same period last year, Osama Rabie, the canal authority chairman, said on Sunday.The canal authority will receive a tug boat with a pulling capacity of about 75 tonnes as part of a settlement to release the container ship Ever Given, which blocked traffic at the waterway for six days in March, Rabie told a private TV channel.
From Trash to Fuel: BioLNG Production Project Takes Shape in France
EveRé, Elengy, TotalEnergies and the CMA CGM Group are engaged in a study of a BioLNG production plant project at Marseille’s port, aiming to to turn household waste into clean energy and serving as another plank toward the maritime industry's decarbonization.This will be France’s first production unit for liquefied biomethane (BioLNG), a low-carbon alternative fuel dedicated to energy transition in the shipping industry…
Clearing the Air: Alfa Laval, NMRI Test Onboard CO2 Capture
As the marine industry moves toward decarbonization, partnerships that transcend technologies and borders will increasingly play a prominent role. In this regard, Alfa Laval and Japan’s National Maritime Research Institute (NMRI) today announced positive resultes on an innovative carbon capture and storage (CCS) test.Initiated by NMRI, the CO2 capture testing project was designed to provide real-world validation of results achieved in the lab.
ClassNK Touts Tool for EEXI Compliance
Classification society ClassNK released its "EEXI Simplified Planner", an assessment tool for the Energy Efficiency Existing Ship Index (EEXI), which will apply from 2023.EEXI Simplified Planner provides the approximated calculation of a ship’s EEXI by inputting DWT and MCR, and identifies whether the value complies with the regulation. If it does not meet the requirement, the tool suggests the extent of engine power limitations (EPL) for compliance…
Construction of Multipurpose Vessel for Smit Lamnalco Starts in Turkey
OSD-IMT recently completed the design of a new multipurpose vessel for operator Smit Lamnalco, a design for a MPV 4600 to be built in Turkey at Uzmar Shipyards.Signature features of the new design include a large (185 sq. m.) working deck area, in combination with an offshore rated crane of 6.5 ton @18.5 m. The DP2 vessel will be equipped for deck-cargo runs, towing operations, diving support, facilitating ROV operations and transferring crew and pilots.
Asyad Looking to Sell Stake in Oman Shipping Company
Oman's state-owned transport group Asyad is weighing the sale of a strategic stake in its subsidiary Oman Shipping Company (OSC), three sources familiar with the…
Infrastrata Responds to Triumph Subsea Claims
Triumph Subsea Services last week said it had cancelled a letter of intent with Infrastrata related to the proposed construction of an offshore wind development vessel, and said it wouldn't build any vessels with Infrastrata or any of its shipyards. Responding to Triumph, Infrastata said Triumph had not achieved any of the milestones required to proceed with the shipbuilding project.The two companies…
Deal Reached to Release Cargo Ship that Blocked Suez Canal
The owners and insurers of the Ever Given container ship that blocked the Suez Canal in March said on Sunday a formal settlement had been agreed in a compensation dispute, and the canal authority said the vessel would be allowed to sail on July 7.The Suez Canal Authority (SCA) has held the giant ship and its crew in a lake between two stretches of the waterway since it was dislodged on March 29, amid…
Israel Says Cargo Ship Possibly Attacked En Route to UAE
Israeli defense officials were checking whether Iranian forces were behind a possible attack on a cargo ship under partial Israeli ownership on Saturday on its way from Jeddah to the United Arab Emirates, Israel's N12 Television News reported.The crew was not hurt and the ship, possibly hit by a missile, was not badly damaged and continued on its journey after the incident, N12 said, citing unnamed sources within Israel's defense establishment.
Report: SOCAR Says Platforms Safe after Fire Offshore
Azerbaijan’s state energy company, SOCAR, said on Sunday its offshore gas platforms in the Caspian Sea were safe after media reports of a large fire in the area.Videos and photos published online showed smoke rising above the sea off the coast. Russia’s RIA news agency cited SOCAR as saying that an eruption of mud was the most likely reason for that, although it did not explain how it could cause a…
Crown LNG Awards FEED Deal to Aker Solutions for Offshore LNG Terminal in India
Norwegian group Crown LNG has signed a deal with Aker Solutions as the main contractor to deliver a concrete gravity-based structure (GBS) for Crown’s offshore LNG terminal at Kakinada, India.Under the agreement, Aker Solutions and key subcontractors will first conduct the front-end engineering and design for the LNG terminal. Aker Solutions’ scope includes technical development of the concrete foundation and topsides…
Greek Subsea Cable links Crete to the Peloponnese
Greece has linked the island of Crete to the power grid of the Peloponnese peninsula via an undersea cable, a major step in the country's drive to cut its reliance on imported fossil fuel and boost renewables, the country's power grid operator IPTO said.The southern island of Crete, a popular summer holiday destination for foreigners, has relied on polluting oil-fired power plants that will need to cut production or shut down in the coming years…
Ship Recycling Prices March Higher, Doubling in a Year
Far from the traditionally expected slowdown during the monsoon / summer months, sub-continent recycling markets fired on at pace once again this week, and a slowdown in the supply of tonnage of late is likely contributing to some overly aggressive offerings from hungry end buyers.Steel plate prices in Bangladesh and Pakistan continue to firm, while India has cooled off and remains tentative on any fresh/incoming vessels, especially after a bullish last few weeks.Notwithstanding, there certainly
VIDEO: 'Eye of fire' Near Offshore Platform in Mexico Extinguished
A fire on the ocean surface west of Mexico's Yucatan peninsula early on Friday has been extinguished, state oil company Pemex said, blaming a gas leak from an underwater pipeline for sparking the blaze captured in videos that went viral.Bright orange flames jumping out of water resembling molten lava was dubbed an "eye of fire" on social media due to the blaze's circular shape, as it raged a short distance from a Pemex oil platform.The fire took more than five hours to fully put out…
Tech File: K-Sim Navigation, Cargo and Engine 'in the Cloud'
K-Sim Navigation, Cargo and Engine become first cloud-based solutions to gain new DNV class D certificationKongsberg Digital (KDI) said that its K-Sim Engine, K-Sim Cargo and K-Sim Navigation simulator training solutions will be the first to attain certification according to the new DNV class D standard.The introduction of class D by the DNV represents the latest revision of DNV’s ST-0033 Maritime Simulator Systems standard…
DNV Launches New Fuel Notations
Classification society DNV said its recently released updates to its rules for ship classification include a raft of new class notations designed to enable the maritime industry to tackle the decarbonization challenge. The new updates include “Fuel Ready”, a class notation that offers shipowners the option to prepare for a later conversion to multiple different alternative fuel options, and “Gas fueled…
Thrusters for WTIV Les Alizés enroute to Chinese Shipyard
The main propulsion package for Jan De Nul’s latest heavy-lift crane vessel Les Alizés has left the German production plant in Wismar to reach the CMHI Haimen shipyard in China. The full propulsion package from Schottel consists of four rudder propellers, two retractable rudder propellers, and two transverse thrusters. The Wind Turbine Installation Vessel (WTIV) is currently under construction and…
ClassNK Releases Guidelines for Hull Monitoring
ClassNK released its “Guidelines for Hull Monitoring” that summarize technical requirements for a hull monitoring system to achieve the improvement of the ship safety, and stipulates the relevant class notation.A hull monitoring system is intended to collect information through sensors like a strain gauge or an accelerometer installed on the ship and perform condition monitoring and condition evaluation.
Arora Takes Over as Managing Director of IRClass
Indian Register of Shipping (IRClass) announces a top management transition with Vijay Arora taking over as managing director effective July 1, 2021. This appointment follows the superannuation of Suresh Sinha on June 30, 2021.A qualified marine engineer with a professional experience of more than three decades, Arora has strong maritime expertise under his belt. During his long tenure at IRClass,…
