Ship Engine Makers Cut Ties with Russia
Finland's Wärtsilä, a leading ship engine maker, has suspended business with Russia including equipment training while German counterpart MAN Energy Solutions is reviewing contracts, adding further trade pressure on Moscow.Russia's maritime sector is already grappling with the winding down of other services including ship certification by leading foreign providers - vital for accessing ports and securing…
Fincantieri to Expand Defense Business, M&A Halted for Now
As Europe steps up its military spending after Russia's invasion of Ukraine, Italian shipbuilder Fincantieri expects to expand its defense business, but sees M&A activity halted for now, its top executives said on Thursday.Speaking at an analysts call on 2021 results, Fincantieri CFO Giuseppe Dado said that the group's naval division was poised to grow in the short term thanks to the backlog of orders already secured.In the long-term the naval business, which makes military vessels, could rise t
Guided Missile Destroyer Ted Stevens (DDG 128) Keel Authenticated
Huntington Ingalls Industries’ (HII) Ingalls Shipbuilding division in Pascagoula, Miss. authenticated the keel of the Arleigh Burke-class guided missile destroyer Ted Stevens (DDG 128). The ship’s name honors former U.S. Senator Ted Stevens, who served as a pilot in World War II and later as a senator representing Alaska. At the time he left office in 2009, he was the longest serving Republican U.S.
Cummins B4.5 Marine Genset and Engine Make European Debut
Cummins Inc. announced the European launch of its new B4.5 marine generator set and propulsion engine, expanding the hybrid compatible packages beyond the current QSB6.7 and QSL9. The pairing was debut in late 2021 at the Pacific Marine Expo, a commercial fishing event in Washington U.S, with an anticipated mid-to-late 2022 production release.Available separately or as a hybrid package, the B4.5 engine and genset are two of Cummins’ smallest, but mightiest marine offerings.
Diana Shipping Announces Bulker Sale and Leaseback
Dry bulk shipping company Diana Shipping Inc. announced that it has entered into a sale and leaseback agreement with an unaffiliated Japanese third party for the…
Russia's Top Shipping Firm Sovcomflot In Choppy Waters
Russia's top shipping company Sovcomflot (SCF), already struggling to find berths to discharge cargoes, is facing fresh pressure after the UK on Thursday joined countries that have slapped sanctions on it, with implications for insurance and certification.With a modern fleet of ships, state-run SCF is a key transporter of Russian oil and liquefied natural gas but also carried cargoes previously from other countries such as the United States.Since Moscow's invasion of Ukraine on Feb.
Marshall Islands Mulls 'Expelling' Russian Ships From Its Registry
The Marshall Islands is considering "expelling" from their ship registry any Russian yachts or boats that have been targeted by Western-led sanctions on Russia over its invasion of Ukraine, its foreign minister said on Friday.The minister, Casten Nemra, whose country along with Panama and Liberia is popular for registering ships, told reporters on a trip to Taiwan that his Pacific island nation strongly…
U.S., EU Strike LNG Deal as Europe Seeks to Cut Russian Gas Dependency
The United States will work to supply 15 billion cubic meters of liquefied natural gas (LNG) to the European Union this year to help it wean off Russian energy supplies, the transatlantic partners said on Friday.The EU is aiming to cut its dependency on Russian gas by two-thirds this year and end all Russian fossil fuel imports by 2027 due to Russia's invasion of Ukraine. Russia supplies around 40%…
U.S. to Hold Offshore Wind Lease Sale for Two Areas in the Carolinas
The U.S. will hold a wind energy auction for two lease areas offshore the Carolinas on May 11, the U.S. Department of the Interior said Friday, as the Bureau of Ocean Energy Management (BOEM) has completed its environmental review.The lease areas cover 110,091 acres in the Carolina Long Bay area that, if developed, could result in at least 1.3 gigawatts of offshore wind energy, enough to power nearly 500…
Wärtsilä Bags Service Deal for Brittany Ferries' New LNG-fueled RoPax
Wärtsilä will provide technical support via a long-term service agreement for its broad scope of solutions installed on Brittany Ferries’ latest RoPax vessel Salamanca. The 10-year agreement was signed in December 2021. The ferry will be inaugurated on March 25 and make its first commercial sailing from Portsmouth, U.K. to Bilbao, Spain on March 27.Built at the the China Merchants Jinling Shipyard (CMJL) facilities in Weihai…
BV AiP for Solid Sail, which aims to slash Cruise Ship Emissions
Bureau Veritas (BV) delivered an Approval in Principle (AiP) to Chantiers de l’Atlantique for its sailing propulsion system, Solid Sail, tailored for the large ships market.Solid Sail is a 1,200 sq. m. rigid sail made of composite panels assembled together, which was developed specifically for large vessels. The system overcomes the usual size limitations of standard fabric sails. Moreover, the rigidity…
Stefanou Named MD at Wallem Ship Management
Wallem Group appointed Ioannis Stefanou as Managing Director of Wallem Ship Management, with responsibility for the oversight and strategic planning of the company’s ship management activities worldwide.Stefanou joined Wallem Ship Management in April 2014 to lead its Technical Management. Over his career he has worked for a number of well-known ship management companies and highly respected privately-owned ship operators.
AET's Petrobras-bound Newbuild Shuttle Tanker Named in South Korea
Tanker operator AET named its new shuttle tanker Eagle Colatina earlier this week in South Korea.The vessel is the first of three purpose-built Suezmax dynamic positioning (DP2) shuttle tankers for a long-term charter to the Brazilian oil company Petrobras based on the agreement signed in February 2020.Shuttle tankers are used for the offloading and transporting oil from offshore oil installations.The DP2 shuttle tanker Eagle Colatina…
Boskalis Delivers HKZ Beta Substation to Tennet
Dutch marine services company Boskalis has delivered the Hollandse Kust Zuid Beta substation topside to Tennet in the Netherlands after a long journey from Dubai, where it was built.This is the second High Voltage Alternating Current (HVAC) offshore transformer station topside, built by Petrofac and Drydocks World Dubai for the Dutch-German transmission grid operator TenneT.The 700 MW Beta topside weighs 3,950 tonnes.
