CSL Completes B100 Biofuel Tests
In late November 2021, CSL successfully completed the world’s longest-running trials of B100 biodiesel on marine engines, accumulating nearly 30,000 running hours. Conducted on half of CSL’s Canadian fleet, the tests resulted in a 23% total fleet life cycle reduction of CO2 as compared to marine gas oil (MGO).During the trials, conducted in partnership with Canada Clean Fuels and with the collaboration of Sterling Fuels…
Fairbanks Morse Defense Acquires Welin Lambie
U.S.-based marine defense provider Fairbanks Morse Defense (FMD) has acquired Welin Lambie, a U.K.-based manufacturer of davits used specifically for the launch and recovery of all types of craft from ships or shore-based installations.The acquisition further expands FMD’s capabilities and service solutions for shipyard, defense and commercial marine customers, including the U.S. Navy, the U.S. Coast Guard, and the Canadian Coast Guard.
Seattle, Tacoma Ports Plan to Phase Out Maritime Emissions
The ports of Seattle, Tacoma and the combined container operations of The Northwest Seaport Alliance (NWSA) have adopted near-term implementation plans that guide emission reduction efforts for seaport-related activities.The Northwest Ports Clean Air Strategy covers six sectors of port activity: oceangoing vessels, cargo-handling equipment, trucks, harbor vessels, rail and port administration and tenant facilities.
German Regulators Probe Sale of Maersk Container Maker to China's CIMC
Germany's Federal Cartel Office is taking a closer look into the planned sale of Maersk's refrigerated containers maker to China International Marine Containers, a spokesman for the office said on Thursday.The office has opened an investigation into the effects the takeover of Maersk Container Industry by CIMC could have on the affected markets, it said.The Danish shipping company signed an agreement to divest its container manufacturer to CIMC in September for $987.3 million.However…
CSL Acquires Minority Stake in EMS-Tech
The world's largest owner and operator of self-unloading ships The CSL Group has acquired a minority stake in Canadian engineering firm EMS-Tech Inc., a designer and supplier of bulk material handling systems.The investment will build on the synergies developed between CSL and EMS-Tech over 25 years and will leverage the companies' respective strengths in delivering advanced cargo handling solutions.
Costamare Orders Eight New Containerships, Buys Seven Secondhand Bulkers
Shipowner Costamare Inc. announced it has ordered eight newbuild containerships and acquired seven secondhand bulk carriers.The Monaco-headquartered company said Thursday it signed contracts with an unspecified Asian shipyard for two 13,000 TEU capacity newbuilds and exercised options under a previous agreement for two more of the same capacity plus four additional 15,000 TEU capacity vessels. Each…
New Double-ended Ferry Launched for Lake Erie
A new 168-foot double-ended passenger, truck and automobile ferry has been launched for service on Lake Erie.Designed by TAI Engineers, LLC and built in Houma, La. by Thoma-Sea Marine Constructors, LLC (TMC), the new ferry Carmen Lee is expected to enter service in early 2022 for a partnership between the Lorain Port Authority (LPA) and Kelleys Island Ferry Boat Line in Ohio. It can hold 149 passengers and 36 trucks and automobiles…
Cheniere Asks for More Time to Build Texas Corpus LNG Expansion
Top U.S. liquefied natural gas (LNG) exporter Cheniere Energy Inc asked federal regulators to extend the amount of time it has to build the proposed Stage 3 expansion at its Corpus Christi LNG export plant in Texas due to pandemic delays.When the U.S. Federal Energy Regulatory Commission (FERC) approved construction of Stage 3 in November 2019, the regulator gave Cheniere five years, or until around November 2024…
Kongsberg Digital Inks Deal with the Northeast Maritime Institute
Kongsberg Digital (KDI) announced it has signed partner agreement with the Northeast Maritime Institute (NMI) based in Massachusetts USA. This is the first partner agreement signed with a maritime eLearning provider and includes the delivery of a range of K-Sim cloud-based simulation applications for NMI global online students.NMI's dynamic learning management system delivers a wide range of courses online, reaching mariners across the globe.
Eagle Bulk Completes Its First Biofuel Voyage
U.S.-based dry bulk owner-operator Eagle Bulk Shipping announced it has successfully completed its first sustainable biofuel voyage in cooperation with the Netherlands-based GoodFuels…
Scotland's Largest: First Turbine Installed at Seagreen Offshore Wind Farm
The first offshore wind turbine has been installed at Seagreen, an SSE-TotalEnergies project which will become Scotland’s largest and the world’s deepest fixed bottom offshore wind farm once complete.The installation of the first Vestas V164-10.0 MW turbine in the North Sea off the Scottish coast heralds the start of the turbine installation phase which will see a total of 114 wind turbines installed across the project site.
Dry Bulk: Rates for Larger Vessels Slip
The Baltic Exchange's dry bulk sea freight index ended a 10-session winning streak on Thursday, as rates of the larger segments, capesize and panamax, vessel fell.The overall index, which factors in rates for capesize, panamax and supramax vessels, shed 80 points, or 2.3%, to 3,343.The capesize index dropped 200 points, or 3.9%, to 4,989, slipping from a more than one-month peak scaled in the previous session.Average daily earnings for capesizes…
ACBL Found Not at Fault for 2008 Mississippi River Collision and Oil Spill
Jeffersonville, Ind.-based barging company American Commercial Barge Line (ACBL) said it has been cleared of any fault related to the 2008 Mel Oliver collision and resulting oil spill on the Mississippi River.The announcement comes after more than 13 years of legal proceedings and is the result of a settlement agreement reached on November 18, 2021, with the U.S. Department of Justice and the State…
Volvo Penta, Danfoss Power Solutions Partner on Marine Electrification
Volvo Penta and Danfoss’ Editron division have signed a partnership agreement that will drive the transformation towards sustainable power solutions within the marine industry.Volvo Penta and Danfoss' Editron division announced a partnership agreement to take the industry’s electromobility development to the 'next level.'“We’re excited to officially join forces with Volvo Penta,” says Kimmo Rauma, vice president of Danfoss’ Editron division.
Paramount Maritime Appoints Connolly CEO
Paramount Group appointed Lee Connolly as CEO of Paramount Maritime Holdings, its naval and maritime shipbuilding subsidiary, based in Cape Town, Africa. Connolly held the position of CEO of Paramount Advanced Technologies, a Paramount Group company, until recently. Paramount Maritime Holdings, comprising ship builders Nautic Africa and Veecraft Marine, reported ongoing customer demands in the security…
Incat Crowther Bags Deal to Design Hybrid-electric Ferry for New Zealand
Incat Crowther inked a deal to design an Incat Crowther 32 hybrid-electric ferry for Fullers360 of Auckland, New Zealand. To be built by Q-West, the ferry will be the designer’s sixth from the builder and will join 10 other Incat Crowther ferries in the Fullers360 fleet.Designed specifically for the Devonport route, the vessel will provide an efficient, low emission, quiet service between Auckland and Devonport.
BIMCO appoints Rasmussen Chief Shipping Analyst
BIMCO has appointed Niels Rasmussen as its Chief Shipping Analyst who will take up his new role on January 3,2022.Most recently Rasmussen was Global Head of Research at Maersk Broker, a role he held for six years focusing on the main shipping segments; dry bulk, tanker, and container. Prior to that, Rasmussen held several different roles at Maersk Line, which took him around the world including postings in Japan, Singapore and the United States.
Chevron's Shipping Unit Joins Initiative to Cut Emissions
Oil major Chevron Corp said on Thursday, its shipping unit has joined the Sea Cargo Charter, an initiative launched last year to cut and track emissions from ships, as efforts intensify to reduce the maritime industry's carbon footprint.Under the Sea Cargo Charter, companies, including agrigroups Cargill, ADM, and Bunge, oil majors Royal Dutch Shell and Total, and mining group Anglo American will disclose…
Insurance Insights: Larger Vessels, Larger Exposures
The blocking of the Suez Canal by one of the largest container ships in service in the world – the Ever Given – in March 2021 caused huge delays to hundreds of vessels waiting to transit the canal, one of the biggest chokepoints on the critical East/West trade shipping route. The blockage was estimated to have affected an estimated $9.6bn of goods each day, or around 12% of total world trade.The latest in a growing list of incidents involving large vessels…
SEA-KIT to Expand Fleet with New 12m USV
Uncrewed surface vessel specialist SEA-KIT International has announced plans to build another of its X-class, 12m USVs as a fleet vessel for launch in 2022. This build, the sixth X-class to be constructed at the company’s Essex base, will pave the way for the company to meet increased market demand for unmanned vessels and to penetrate new sectors of the global maritime industry, the company said.SEA-KIT CEO…
