Mergers & Acquisitions: Alfa Laval Inks Deal to Acquire Scanjet
Alfa Laval signed an agreement to acquire marine tank cleaning equipment supplier Scanjet.Scanjet has expanded from fixed and portable tank cleaning equipment into intelligent tank management, and its solutions and organization will become part of Alfa Laval per an agreement signed on 16 June 2022.“Scanjet is a tank cleaning innovator with exciting developments in the pipeline,” says Alfa Laval’s Peter Nielsen…
Echandia Battery System for Green City Ferries' Catamaran
Echandia booked a second order from Green City Ferries AB as it expands its waterborne public transport in Stockholm with another zero-emission, high-speed, carbon fiber catamaran Beluga24. Late last year, Echandia announced its first order for a fuel cell energy solution to power the first Beluga24 vessel from Green City Ferries. The new order for the battery vessel with its 730-kWh installation, is optimized for high-speed commuting with charging points on both ends of the route.
Bourbon Inks Partnership Deal with Integrated Wind Solution
Bourbon entered into a strategic partnership with IWS Fleet AS, the vessel owning company of Integrated Wind Solutions ASA to address the French commissioning and…
Ban on Russian Commodity Exports to Accelerate LNG Growth, Energy Transition - Wood Mackenzie report
War in Ukraine is transforming the outlook for the supply, demand and price of hydrocarbons and the pace and cost of the energy transition. While the precise timing and implementation of future bans on Russian commodity imports are difficult to predict, a rewriting of energy trade flows is now underway. With the global economy on a knife edge and energy prices structurally higher, there a real risk of some global supply being lost.
Solstad, DeepOcean and Østensjø Launch Remote Ops Venture
A group of companies working in the offshore energy industry are teaming up in an effort to fast-track the journey toward remotely managed services, including onshore remote operations centers and unmanned surface vehicles (USV).Solstad Offshore, DeepOcean Group and Østensjø Group have established and will share 33.33% stakes in two joint ventures (JV). One of them, Remota AS, will own and operate advanced onshore remote operations centers…
De Nora Signs Service Deal with N-KOM
De Nora Marine Technologies, LLC, said it has entered a formal service subcontracting agreement with Nakilat-Keppel Offshore & Marine (N-KOM), one of the largest shipyard and offshore repair facilities in the Middle East, located at Ras Laffan Industrial City, Qatar.The deal will expand service convenience for De Nora Ballast Water Management Systems (BWMS) installed on vessels trading in the Gulf region.
BP Beefs Up Hydrogen Team in Bet on Fuel's Future
BP is beefing up its hydrogen management team as the energy company prepares to accelerate investments in the low-carbon fuel which it believes will play a key role in the world's shift away from fossil fuels.The revamp of the hydrogen team is the first clear sign of changes Anja-Isabel Dotzenrath, a former head of RWE Renewables, has made since becoming BP's head of natural gas and renewables in March.It…
Turkey Says Ukraine Grain Ships Could Avoid Mines
Russia on Wednesday said it has offered "safe passage" for Ukraine grain shipments from the country's Black Sea ports but is not responsible for establishing the corridors, as Turkey suggested that ships could be guided around sea mines.Ukrainian grain shipments have stalled since Russia's invasion and ports blockade, stoking global prices for grains, cooking oils, fuel and fertilizer. The United Nations…
Global Ports Gets Takeover Approach from Shipping Firm MSC
Global Ports Holding PLC, the world's largest cruise port operator, said on Wednesday it had received an approach about a potential cash offer from Swiss-based MSC Mediterranean Shipping Company.Shares of the London-listed company closed up 19% at 109 pence and marked their best day in two years after Global Ports confirmed a Bloomberg report that MSC was considering taking a controlling stake in Global Ports.Global Ports, owned by Turkish businessman Mehmet Kutman, said the talks were ongoing a
Taiwan Strait is an International Waterway, Taipei Says, in Rebuff to China
The Taiwan Strait is an international waterway and Taiwan's government supports U.S. warships transiting it, the foreign ministry said on Tuesday, rebuffing claims from China to exercise sovereignty over the strategic passage.The narrow strait has been a frequent source of military tension since the defeated Republic of China government fled to Taiwan in 1949 after losing a civil war with the communists, who established the People's Republic of China.In recent years U.S.
Blue Economy Contributes $361 Billion to US GDP
America’s marine economy contributed about $361 billion of the nation’s gross domestic product in 2020. That is according to the most current results of the annual Marine Economy Satellite Account released today by two Department of Commerce agencies, NOAA and the Bureau of Economic Analysis (BEA).These numbers are from the first year of the coronavirus pandemic and represent a 5.8%, or $23 billion…
Maersk Containership Grounds in the Savannah River
A Maersk containership has been refloated after running aground in the Savannah River near Fort Jackson on Tuesday.The U.S. Coast Guard said it was notified at 6:09 p.m. via the vessel agent of Maersk Surabaya that the vessel had run aground.The 1,091-foot box ship was repositioned to the center of the shipping channel with the help of seven tugs. AIS ship tracking data shows the vessel was aground for about 2 hours.
Baltic Dry Index Extends Gains on Jump in Capesize Segment
The Baltic Exchange's main sea freight index extended gains on Wednesday on a jump in the capesize segment, while strength in panamax and supramax vessels also lent support.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, increased by 103 points, or 4.5%, to 2,387.The capesize index gained 243 points to 2,551, a rise of about 10.5%.Average daily earnings for capesizes, which typically transport 150,000-tonne cargoes such as iron ore and coal, rose by
Acta Marine Orders Methanol-fueled CSOVs
Dutch offshore services provider Acta Marine announced it has signed a contract for the construction of two methanol MDO/HVO powered DP2 construction service operation vessels (CSOVs) at Turkish shipyard Tersan with two optional vessels for delivery at a later stage. The vessels are primarily aimed at the offshore wind construction market and carry the new SX-216 TWIN-X Stern design from Ulstein Design…
Batteries, Fuel Cells, Solar, Wind Power and More: Cruise Operator Costa Group Sets Up Decarbonization Department
The European cruise company, Costa Group, with its Costa Cruises and AIDA Cruises brands, which is part of Carnival Corporation, has created a dedicated decarbonization department within its Carnival Maritime unit based in Hamburg, Germany.The new department will be responsible for developing and implementing the strategy for achieving the decarbonization ambitions of the Costa and AIDA fleets by 2050.
Lloyd's Register Issues AIP for for 210-dwt Bulk Carrier with Rotor Sails
Lloyd’s Register granted Approval in Principle (AIP) for an SDARI (Shanghai Merchant Ship Design and Research Institute) designed 210,000 DWT Newcastlemax bulk carrier installed with Anemoi Rotor Sails.The Newcastlemax AIP is part of a joint development project signed in 2020 with Anemoi Marine Technologies, Lloyd’s Register, and SDARI. Oldendorff Carriers is the shipowner partner for this Newcastlemax…
CorPower Ocean Debuts "Commercial Scale" Wave Energy
CorPower Ocean unveiled the CorPower C4, its first commercial scale Wave Energy Converter (WEC) and CorPack clusters, which the company contends will provide the…
Equinor Joins the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping
The Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping continues to grow in size and influence, with Equinor joining as a Strategic Partner.Equinor is both a producer and a supplier of fuel to the maritime sector and has worked systematically on reducing its carbon intensity by developing new types of vessels and using alternative fuels.“This partnership has huge potential," said Bo Cerup-Simonsen, CEO of the center.
Marine Design: New Offshore Support Vessel Range from Chartwell
U.K.-based Chartwell Marine is introducing its expanded range of offshore energy support vessel (OESV) designs ahead of Seawork 2022 this month.The new design range, spanning classes A to D outlined below, offers a foundation for the integration of advanced technologies and low carbon propulsion solutions, including hybrid and electric as well as BAR FOSS (Foil Optimised Stability System).Chartwell Ambitious: Chartwell Marine’s original flagship crew transfer vessel (CTV) design.
Miros Wavex Tapped to Support Saint Brieuc Offshore Wind Project
Miros’ dry-mounted Wavex was selected by EQUANS to collect operation-critical wave and current data on the offshore substation for the Saint-Brieuc Offshore Wind Farm, Iberdrola's first large-scale and flagship offshore wind power project in Brittany, France. Once it becomes operational in 2023, the windfarm will have a total installed capacity of 496 megawatts (MW), capable of generating enough clean energy for 835…