ABS to Class FPSO Pair Being Built for Petrobras Buzios Field
The American Bureau of Shipping said Thursday that an FPSO duo being built for Brazil's Petrobras would be constructed to ABS Class.The sister FPSOs are currently named P-78 and P-79 and will be deployed at the giant Buzios pre-salt offshore oil field in Brazil's Santos Basin.ABS said that the fact the FPSO duo would be built to its Class demonstrated ABS’ continued leadership in the industry, with ABS Class accounting for 60% of all FPSOs in service.
Trends in Marine Services for Subsea Telecoms
The market for marine services in support of the installation and maintenance of undersea telecommunications cables has matured over a period of more than 100 years to reach its present state of development. The largest providers of marine services (companies such as the Global Marine Group, SubCom, Alcatel Submarine Networks and Orange Marine) take different approaches to operations, but provide a mature and assured set of services that play a critical role in the industry.
Tanker Firm Frontline Keeps Barstad as Permanent CEO
Oil tanker company Frontline has appointed Lars H. Barstad as the Chief Executive Officer of Frontline Management AS with effect from September 1, 2021.Barstad currently…
Chinese Iron Ore Imports Fall to 14-month Low in July - BIMCO
Chinese iron ore imports fell to 88.5 million tons in July, the lowest level since May 2020. The fall in July means that accumulated imports are lower than in the first seven months of 2020. Imports this year have totaled 649 million, a 1.5% decline from January to July 2020. In July, imports were down 21.4% from the same month in 2020 when they reached a record high of 112.7m tonnes.Steel production…
Nord Stream 2 Gas Pipeline to Be Completed Next Week
The Nord Stream 2 gas pipeline construction is 99% complete, the operating company said on Wednesday, after a media report the Russian-led project, which has come…
First Offshore Wind Substation Installed in France
Belgian offshore installation firm DEME Offshore said Thursday it had installed the first offshore wind substation in France, at the Saint-Nazaire offshore wind farm site. The installation of the 2,100-ton substation was carried out by Allseas' giant Pioneering Spirit vessel.This was also Allseas’ first job for the offshore wind industry, and it is the first “complete” installation job executed by Pioneering Spirit…
Maersk Signs First Green Methanol Deal in Step Toward Dropping Fossil Fuels
A.P. Moller-Maersk said on Wednesday it had signed a contract securing green methanol as the world's largest shipping firm gears up to operate its first carbon-neutral ship in 2023.With about 90% of world trade transported by sea, global shipping accounts for nearly 3% of the world's CO2 emissions. Maersk needs to have a carbon-neutral fleet by 2030 to meet its target of net-zero emissions by 2050."Yes…
CLEANCOR to Offer LNG Bunkering at Port NOLA
Port of New Orleans (Port NOLA) and CLEANCOR Energy Solutions LLC (CLEANCOR), a subsidiary of SEACOR Holdings Inc. (SEACOR), signed a memorandum of understanding (MOU) on August 17, 2021, to collaborate on ways to provide liquefied natural gas (LNG) fueling solutions to ship owners and operators within Port NOLA’s jurisdiction that would benefit from reduced environmental emissions. CLEANCOR, an alternative energy company…
US’ First 100% Hydrogen Fuel Cell Powered Commercial Vessel Launched
The United States' first zero-emissions, hydrogen fuel cell-powered, electric-drive ferry has been launched and is gearing up for operational trials off the U.S. West Coast.Constructed by Bellingham, Wash. shipbuilder All American Marine, Inc. (AAM), SWITCH Maritime's 70-foot newbuild Sea Change will operate in the California Bay Area as the United States' first hydrogen fuel cell vessel, developed…
Conrad Delivers First of Four Spud Barges for McDonough
Conrad Shipyard said it has delivered the first of four ABS-classed spud barges to McDonough Marine Service, headquartered in Metairie, La.The identical spud barges each measure 180’ by 54’ by 12.5’, have deck strength of 2,500 pounds PSF, and four spud wells. The remaining barges are on schedule for delivery in the third and fourth quarters of 2021. The barges are being constructed at Conrad’s Deepwater South facility in Amelia…
UK Regulator Asked to Sanction Carnival Over Climate Disclosures
Britain’s markets regulator has been urged to sanction cruise ship company Carnival and food delivery company Just Eat Takeaway.com for poor disclosures in a complaint seen by Reuters.Both companies have breached their legal obligations by failing to adequately tell investors the risk climate change poses to their businesses, legal NGO ClientEarth said.While the Financial Conduct Authority has yet to sanction a company over its climate disclosures…
Steerprop to Deliver Azimuth Propulsors for Series of RAmparts Tugs
UZMAR Shipyards has chosen Steerprop to deliver six SP 20 WD azimuth propulsion units for a series of three Robert Allan Ltd. designed RAmparts 2300_UZM tugs being built.The contract for the six SP 20 WD azimuth propulsion units, delivering 1,610 kW of power each, was signed in April 2021 and will be delivered in the third quarter of 2021.“The Robert Allan designed RAmparts 2300_UZM tugs with 50+ ton of bollard pull are very efficient and agile tugs…
Baltic Dry Index Extends Rally
The Baltic Exchange's main sea freight index jumped to its highest in more than a decade, powered by strong demand across vessels ferrying dry bulk commodities and shipping constraints in China.The overall index, which factors in rates for capesize, panamax, supramax and handysize vessels, rose about 5% to its highest since mid-2010 at 3,833 points.Peter Sand, chief shipping analyst with trade association BIMCO…
Partners to Produce Retractable Bow Foils
Wavefoil and IP Huse have signed an agreement on the production of retractable bow foils. The partners have entered into a cooperation agreement where I P Huse will produce Wavefoil's largest products.Wavefoil AS is a Norwegian company, founded in 2016, which offers retractable bow foils (underwater wings) for ships. The foils typically save 5-15% fuel and improve comfort on board. The benefits of bow foils have long been known…
Cenertech's New FPSO to be Built to ABS Class
ABS said Wednesday that the new FPSO ordered by China National Offshore Oil Company Energy and Technology Services Company (Cenertech) to serve the Lu Feng 12-3 Oilfield would be built to ABS Class.The 100,000 DWT FPSO is the center of a development plan for the field which also comprises a new Well Head Platform (WHP) with a modular drilling rig; connected to the FPSO through a three-kilometer-long subsea cable and pipeline.
Port of Antwerp Sees Volume Growth Despite Pandemic Disruption
The Port of Antwerp recorded a year-on-year rise in the volume of cargo handled for the first seven months of 2021, even though disruptions caused by COVID-19 and Britain's departure from the European Union have depressed trade elsewhere, officials said.Countries have tightened entry requirements in response to successive waves of the pandemic, leading ports to become backed up and preventing seafarers from changing over with colleagues onboard ships for many months.Separately…
Eneti Wraps Seajacks Acquisition. Exits Drybulk Business
Eneti, a company until recently known as Scorpio Bulkers, has completed the exit from its bulk carrier business and has also completed the acquisition of Seajacks, boosting its offshore wind ambitions.In its quarterly results release on Tuesday, Eneti said it had on August 12 completed the previously announced transaction to acquire offshore wind installation firm Seajacks for consideration of around 8.13 million shares…
Northern Drilling Cancels Drillship Order with DSME. Seeks $90M+ Refund
Billionaire John Fredriksen-owned offshore drilling company Northern Drilling said Tuesday it had canceled a drillship resale contract with the South Korean shipbuilder…
Petronas Says Delivers Maiden Carbon Neutral LNG Cargo
Malaysian oil and gas company Petronas said Wednesday it had delivered its first carbon neutral liquefied natural gas (LNG) cargo to Shikoku Electric.The cargo was delivered from the Petronas LNG Complex (PLC) in Bintulu and was received Tuesday at the Sakaide LNG terminal in Shikoku Island, Japan.Petronas said it had offset the estimated life cycle carbon footprint of the LNG cargo through renewables-based carbon credits for the emissions generated from upstream gas exploration and production…
WinGD to Integrate Hybrid Energy Systems on NYK's Car Carrier Quartet
WinGD, an engine maker for the merchant shipping industry, has won a contract to integrate hybrid energy systems on four newbuild car carriers for Japanese owner NYK Line.The company said the order further expanded its portfolio of future-ready power solutions for companies navigating shipping’s energy transition.The four pure car and truck carriers (PCTC) will run on LNG, with WinGD’s 7X62DF-2.1 two-stroke engines coupled with shaft generators…
