Revell Takes the Helm at SIGTTO
The Society of International Gas Tanker and Terminal Operators (SIGTTO) has appointed Ian Revell as its new Chief Executive Officer & General Manager, in succession to Capt. Andrew Clifton.SIGTTO President, Steffen Jacobson, said, “I am very pleased to welcome Ian Revell to the Society and look forward to working with him as he undertakes this key role. We have made a considerable effort to find the right permanent candidate for this position…
Inside the St. Lawrence Seaway's Growing Economic Importance
The St. Lawrence Seaway is made up of a broad network of interconnected infrastructures. Channels, canals, port facilities and fleets illustrate the connections between transportation equipment, industrial production and the artificial, human-made environment.This valuable infrastructure represents significant capital investments that have already been amortized. The maintenance, modernization and adaptation of the sea-river network make it possible to meet the demands for capacity…
Bollinger Delivers 50th Fast Response Cutter to the USCG
Louisiana shipbuilding group Bollinger Shipyards has been humming along building Fast Response Cutters for the U.S. Coat Guard, and this week marked a milestone with its 50th FRC delivery, the USCGC William Chadwick, officially handed over on Thursday in Key West, Fla.“It’s incredibly meaningful that we could deliver the 50th FRC, the USCGC William Chadwick, on the Coast Guard’s 232nd birthday and that she’ll be homeported in Sector Boston…
Ukraine Expects First Vessel to Arrive to Collect Grain
A Turkish bulk carrier is expected to arrive in the Ukrainian Black Sea port of Chornomorsk on Friday and will be the first vessel to arrive at a Ukrainian port during Russia's invasion, a spokesperso
Hybrid RoRo Eco Adriatica Delivered to the Grimaldi Group
With the delivery of the Eco Adriatica, the fleet of Grimaldi Green 5th Generation (GG5G) class hybrid vessels is almost complete. This is the 11th of 12 state-of-the-art units ordered from the Chinese Jinling shipyard located in Nanjing. Designed by Knud E. Hansen, the GG5G-class ships are not only the largest ro-ro units in the world for short sea shipping, but also the most eco-friendly.The Eco Adriatica flies the Italian flag…
Shift Clean Energy Names Hughes COO
Energy storage solutions company Shift Clean Energy announced it has named Mark Hughes to its its executive team as chief operating officer.Hughes brings a background in manufacturing and supply chain management, and a wealth of international experience growing companies and leading operational improvement programs across a range of industries from automotive to aerospace. He will support Shift in its growth to provide the marine and industrial industries with energy storage solutions…
Alfa Laval Acquires BunkerMetric
Alfa Laval has signed an agreement to acquire BunkerMetric, a Scandinavian software company that develops advanced decision support tools for the marine bunker segment. The company will be merged into weather intelligence software and decision support services frim StormGeo, now part of Alfa Laval.Headquartered in Denmark, BunkerMetric helps ship operators and bunker procurement departments find the best bunker procurement plan and improve voyage margins.
MSHS Acquires West Coast Pacific Power Group
Motor Services Hugo Stamp, Inc. (MSHS) said it has acquired marine, power generation and commercial automatic transmissions business Pacific Power Group (PPG).The PPG/MSHS partnership will involve both companies functioning as separate brands. The partnership will also have the capability to leverage broader and deeper expertise through its technical talent located across North America. PPG’s nine facilities extend services throughout the Western United States…
TUI Cruises' Mein Schiff 6 Connects to Shore Power in Kiel
TUI Cruises said a second vessel in its cruise ship fleet has successfully tested the use of shore power in port.Earlier this week, the German cruise ship operator's Mein Schiff 6 received shore power for the first time in SEEHAFEN KIEL Cruise GmbH & Co. KG (Port of Kiel), making it the second TUI Cruises ship behind Mein Schiff 4 to have made a shore power connection.Technicians and engineers carried…
Nautilus Labs Hires Sundsted as CTO
Nautilus Labs, the technology firm unlocking commercial decarbonization for the ocean supply chain, announced the designation of Todd Sundsted as Chief Technology Officer (CTO).In his new role, Todd Sundsted, who is based in New York, will lead product development, engineering, and data science, including the enhancement of Nautilus’s AI capabilities and best-in-class machine learning models. Prior to joining Nautilus Labs…
The Swedish Club Opens Singapore Office
The Swedish Club announced it has opened a new full-service office in Singapore, responsible for members in Singapore and other markets in Asia, including India, Japan and Thailand.Brian Png, Team Manager for the Singapore office, said, "Singapore is widely recognized as one of the most important maritime hubs in the world, and the opening of this new office is an important step for The Swedish Club.
US Stays the Course Toward Offshore Wind Targets
The events of the last month have shown that, despite some negative factors, the impetus to continue to grow the U.S. offshore wind segment has lost little steam. The foundations are firmly in place to support the deployment of 30 gigawatts (GW) of offshore wind by 2030 and 110 GW by 2050.Two major outer continental shelf (OCS) projects with around 940 megawatts (MW) of capacity have reached final…
Rocketing Tanker Freight Rates Send Mexico's Fuel Costs Soaring
High rates worldwide for moving oil are driving up Mexico’s fuel costs as importers face tanker fees on North America’s busiest maritime route that are more than double levels seen in recent years, traders and shippers said.On routes to Mexico, the extra costs have added price volatility to an otherwise stable freight market, according to Refinitiv Eikon data and people familiar with the matter.The rates are the latest blow to state oil company Petroleos Mexicanos…
Russia to Spend $30 Billion on Northern Sea Route by 2035
Russia is to spend almost 1.8 trillion roubles ($30 billion) on the Northern Sea Route development project up to 2035, according to a document uploaded to the government's website.The document said the sea route, which is being facilitated by reduced sea ice as a result of climate change, is "a very important transport corridor, of both national and global significance".(Reuters - Reporting by Reuters; Editing by Alison Williams)
Euronav's Earnings Rise Offset by Low Rates for Large Vessel
Belgian oil tanker and storage operator Euronav on Thursday reported sharply higher quarterly earnings, but despite a freight market recovery, rates for very large crude carriers (VLCCs) remained low, sending its shares down more than 4%."Management has good reason to be more optimistic on the winter season," ING's analyst Quirijn Mulder said after the group, which provides crude oil shipping and storage services…
Manor Renewable Energy's New CTVs Pass Sea Trials
Singaporean shipbuilder Strategic Marine said the two new crew transfer vessels (CTV) it has built for U.K. services firm Manor Renewable Energy Ltd (MRE) have passed sea trials.The 27.1-meter aluminum catamarans, Manor Victor and Manor Vulcan, are the first in the builder's new StratCat 27 (SC 27) range, designed in collaboration with BMT and unveiled in May 2021. CTVs are typically used to ferry…
BIO-SEA BWTS Ordered for Cruise Ship Quest
French UV-C water treatment specialist BIO-UV Group said it has received an order to supply a low-flow BIO-SEA L-Series ballast water treatment system (BWTS) for retrofit installation to the 1,268 GT expedition vessel Quest.The 49-meter-long, 60-passenger capacity vessel is the fifth passenger ship operating under Cruise Management International [CMI] to have specified a BWTS from BIO-SEA by BIO-UV Group partner TECO2030.Maxime Dedeurwaerder…
