MAN Upgrading Four-stroke Engines for Green Future Fuels
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In continuously developing the range of services for its portfolio of four-stroke engines, MAN Energy Solutions enables its customers to exploit a multitude of synthetically manufactured, climate-neutral fuels in the operation of ships or power plants. Already today, MAN engines using power-to-X fuels such as synthetic natural gas (SNG) can be operated totally climate-neutrally.MAN customers will in due course be able to use other…
KR Publishes Guidance for Container Loading on Bulk Carriers
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Classification society the Korean Register (KR) has published guidance outlining the technical measures necessary to safely load and carry containers on bulk cargo ships amid the current sustained unprecedented boom in the box shipping market.With the recent unprecedented boom in the maritime transport market, demand from shipping companies wanting to load and transport containers on bulk cargo ships…
U.S. Oil Drilling Review Proposes Higher Fees, Development Curbs
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The Biden administration proposed a slew of changes on Friday to the nation's federal oil and gas leasing program, including hiking fees on drilling companies and limiting their access to sensitive wildlife and cultural zones.The recommendations followed a months-long review aimed at ensuring drilling on federal lands and waters benefits the public. But in a sign of the extreme controversy surrounding the issue…
Germany Working with U.S. on Nord Stream 2 Pipeline Deal
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Germany said on Sunday it was continuing to work closely with the United States on implementing a deal on the Nord Stream 2 pipeline, which runs under the Baltic Sea and carries gas from Russia to Germany.Germany's foreign ministry said it continued to coordinate closely with the U.S. administration on implementing a joint declaration on the $11 billion pipeline.The Biden administration has waived sanctions on the pipeline operator and made a deal with Germany in July…
McDermott Wraps Net Zero LNG Construction Study for Shell
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Offshore engineering and construction company McDermott said Monday it had completed a liquefied natural gas (LNG) construction study for Shell, "identifying tangible reduction pathways toward net-zero construction emissions."The results of this study provide a strategic framework for reducing greenhouse gas (GHG) emissions in LNG facilities during the project execution phase, McDermott said."Operators continue to seek actionable plans to advance their commitments to net-zero emissions by 2050…
Shipbuilding: UECC Takes Delivery of Auto Advance, a “Dual-fuel LNG Battery Hybrid PCTC”
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While many companies talk about decarbonization, United European Car Carrier (UECC) acts, as proven by its recent acceptance of the world’s first dual-fuel LNG battery hybrid PCTC, Auto Advance, delivered from China’s Jiangnan Shipyard and Maritime Reporter & Engineering News’ 2021 Great Ship of the Year.The ship is the first in a series of three newbuild pure car and truck carriers (PCTC), measuring 169 by 28 meters with capacity for 3600 vehicles on 10 cargo decks.
Kristoffersen to Become CEO of Wallenius Wilhelmsen
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Norwegian/Swedish RoRo shipping company Wallenius Wilhelmsen on Monday named Lasse Kristoffersen as its CEO. Kristoffersen will start in his new role no later than June 1, 2022, the company said.Rune Bjerke, Chair of the Board:"We are very pleased to welcome Lasse Kristoffersen to Wallenius Wilhelmsen. With his background and experience, we are confident that he, together with our experienced team…
UN Shipping Talks Fail to Speed Up Faster Carbon Exit
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Further shipping talks are scheduled for next year after delegates at a U.N. agency meeting that sought to speed up decarbonization of the sector failed to make progress, officials said on Friday.The sector, which transports about 90% of world trade and accounts for nearly 3% of the world's CO2 emissions, is under pressure to deliver concrete action including a carbon levy.Earlier this month countries including the United States at the COP 26 climate summit pushed for U.N.
U.S. Interior Department Set to Release Federal Oil Leasing Review
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The U.S. Interior Department will release a long-awaited report reviewing the environmental costs and economic benefits of the nation's federal oil and gas leasing program as early as Friday, two sources familiar with the matter told Reuters.President Joe Biden's administration launched the review earlier this year in what had been widely seen as a first step in delivering on a campaign promise to end new federal fossil fuel drilling to fight climate change.The report…
Stolt Tankers Appoints Schroeder as Managing Director
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Stolt Tankers announced on Friday that is has appointed Maren Schroeder as Managing Director, Stolt Tankers Shipowning (STSO), with effect from April 1, 2022. Schroeder joined Stolt Tankers in 2019 as Fleet Director and will succeed Mark Martecchini who is retiring in April 2022, after serving with the company for more than 38 years.Lucas Vos, President of Stolt Tankers, said, “The appointment of Maren Schroeder is good news for Stolt Tankers…
Hareide Named Norway's Director General of Navigation and Shipping
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Knut Arild Hareide has been appointed by the King in the Council of State as Director General of Navigation and Shipping for the Norwegian Maritime Authority for a period of six years. Hareide will take up the role on January 1, 2022."We are delighted to congratulate Knut Arild Hareide on his appointment and look forward to working with him in the years to come," says Acting Director General of Navigation and Shipping…
Gold Rush Draws Hundreds of Dredging Rafts to Amazon Tributary
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Hundreds of dredging rafts operated by illegal miners have gathered in a gold rush on the Madeira River, a major tributary of the Amazon, floating hundreds of miles as state and federal authorities dispute who is responsible for stopping them.The flotilla of rafts equipped with pumps are moored together in lines that nearly stretch across the vast Madeira, and a Reuters witness spotted plumes of exhaust indicating they are vacuuming the riverbed for gold."We counted no less than 300 rafts.
French Fishermen Block British boat off St Malo Amid Fishing Licenses Row
French fishermen blocked a British cargo vessel from docking in a Brittany port on Friday, in protest at what they say are moves by authorities in London and Jersey…
UK, France Trade Blame as 27 Migrants Die While Trying to Cross Channel to Britain
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British and French officials traded blame on Wednesday after 27 migrants died when their dinghy deflated as they made a perilous crossing of the English Channel.The accident was the worst disaster on record involving migrants in the narrow seaway separating the two countries.The Channel is one of the world's busiest shipping lanes and currents are strong. Human traffickers typically overload the dinghies…
More Offshore Wind Work for Siem Offshore Vessel
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Norwegian offshore vessel owner Siem Offshore has secured another offshore wind contract for its multi-purpose support vessel Siem Dorado.According to Siem Offshore, the new contract has already started and will keep the vessel utilized into the first quarter of 2022. This contract covers the subsea development phase for a new offshore wind farm. The company didn't say who the client was.This is the…
Keppel Nets $145,8M Orders for FPSO, FSRU Work
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Singapore's Keppel Offshore & Marine has won contracts for the conversion of a Floating Storage and Regasification Unit (FSRU) and the integration of a Floating Production Storage and Offloading vessel (FPSO). For the first project, Keppel Shipyard signed a Limited Notice to Proceed (LNTP) with what it said was a global provider of LNG shipping services to start early works for the conversion of a Liquefied Natural Gas (LNG) Carrier into an FSRU.
First Steel Cut, Name Revealed for Seaway 7's WTIV
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Seaway 7, a company specializing in offshore wind installation services, has informed that construction has started for its next-generation Wind Turbine Installation Vessel (WTIV) at the China Merchants Heavy Industry (CMHI) facility in Jiangsu, China. In a statement on Thursday, Seaway 7 said the first steel cutting ceremony marked the first major milestone in bringing its GustoMSC NG-14000XL-G jack-up vessel to the market.This week…
Gulf Energy Seals $927 Million Port Deal with Thai Government
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Thai power producer Gulf Energy Development Pcl on Thursday said its consortium had signed a deal worth 30.9 billion baht ($927 million) with the country's port authority for construction and operation of container terminals.The firm, among the country's largest private power producers, is owned by Thai billionaire Sarath Ratanavadi and has been investing billions of dollars to expand its infrastructure…
Gazprom Boosts Investments to $24 Billion in 2022
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Russian gas giant Gazprom said on Thursday its management had approved investments worth 1.76 trillion roubles ($24 billion) for 2022, up from initial plans of 902 billion roubles for 2021, to fund new production and refining hubs.Gazprom is developing new gas production deposits, including in the Arctic Yamal peninsula, which the government claims holds more than a fifth of global gas reserves.The company said its other priority projects for funding are the Power of Siberia pipeline to China, a
Baltic Dry Index Rises as Smaller Vessels Lend Support
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The Baltic Exchange's dry bulk sea freight index rose on Thursday, buoyed by gains for panamax and supramax vessels that countered a dip in rates for the larger capesize segment.The overall index, which factors in rates for capesize, panamax and supramax vessels, gained 24 points, or 1%, to 2,678 points.The capesize index shed 46 points, or 1.2%, to 3,776.Average daily earnings for capesizes, which transport 150…