MISC, Partners Secure Five Newbuild LNG Carriers
MISC Berhad (MISC), through its wholly-owned subsidiary, Portovenere and Lerici (Labuan) Pte Ltd (PLL), together with its consortium partners, Nippon Yusen Kabushiki Kaisha (NYK), Kawasaki Kisen Kaisha, Ltd. (K-Line) and China LNG Shipping (Holdings) Limited (CLNG), have been awarded long-term time charter contracts by QatarEnergy for five additional newbuild Liquefied Natural Gas (LNG) carriers to be built by Hudong-Zhonghua Shipbuilding (Group) Co.…
Bayonne Dry Dock & Repair Joins Green Marine
Bayonne Dry Dock & Repair Corp., a full-service ship repair yard located in the Port Jersey area of New York/New Jersey harbor, is the newest participant in Green…
NYC's First Zero-emissions Passenger Ferry Slated for 2024 Launch
A newly announced zero-emissions electric ferry scheduled for launch in 2024 will be the first to service New York City as the marine industry continues to make strides to decarbonize its operations.The high-speed passenger vessel is the result of a partnership between local operator New York Cruise Lines and Stockholm-based Green City Ferries AB (GCF). It will be operated by New York Cruise Lines subsidiary New York Water Taxi on the Hudson River between Brooklyn and Manhattan.The newbuild…
RightShip’s GHG Rating: EEXI, EVDI and EEDI, All In One
RightShip is pressing ahead with its zero-harm vision for the maritime industry by evolving its GHG Rating to incorporate new regulations being introduced by the International Maritime Organization (IMO) in 2023.In Q1 of 2023, the GHG Rating methodology will be updated to incorporate Energy Efficiency Existing Ship Index (EEXI) values. RightShip’s proprietary GHG Rating algorithm already uses data and outputs from either the Existing Vessel Design Index (EVDI)…
Cable Installation Kicks Off at U.S. First Commercial Scale Offshore Wind Farm
Cable installation has kicked off at Vineyard Wind, the U.S. first commercial scale offshore wind farm, at a site located 15 miles south of Martha’s Vineyard. Vineyard Wind, the company developing the namesake wind farm, also announced that it expects to begin nearshore cable work off the south coast of Cape Cod in the coming days. The work is being conducted by Prysmian Group, the subsea cable manufacturing…
Prysmian Adds Barbarossa I Cable Layer to Its Fleet. Wins IMR Work in France
Italian subsea cable firm Prysmian Group said Thursday it has added a new vessel - Barbarossa I - to its fleet."After the debut of the state-of-the-art 170-meter Leonardo da Vinci [vessel] in August 2021, Prysmian Group’s fleet would seem to be complete. But with the addition of Barbarossa I, Prysmian Group becomes the first company in the sector that can provide the full range of submarine cable-laying…
Wescom Group Acquires Marine Rescue Technologies
Emergency distress signal manufacturer Wescom Group has expanded its presence in the marine survival market with the acquisition of Marine Rescue Technologies (MRT).The UK-based personal locator beacon manufacturer became part of Wescom Group from November 2, 2022, further enhancing the groups’ profile as a primary source of marine distress and safety signaling.Wescom Group, which is aiming to grow its portfolio of marine survival solutions…
Diana Shipping Expands Bulker Fleet
Greece-based dry-bulk shipping firm Diana Shipping has taken delivery of the m/v DSI Phoenix (formerly “STH Chiba”), a 2017-built Ultramax dry bulk vessel of 60,456 dwt. The vessel is one of nine modern Ultramax dry bulk vessels that the Company entered into an agreement to purchase in August 2022.Including the newly delivered m/v DSI Phoenix, Diana Shipping Inc.’s fleet now consists of 37 dry bulk vessels (4 Newcastlemax, 11 Capesize, 5 Post-Panamax, 6 Kamsarmax, 8 Panamax and 3 Ultramax).
BP Hires Siem Offshore's Battery Hybrid PSV for Operations in Canada
Norwegian offshore vessel owner Siem Offshore has secured a 4-6 month contract starting in the second quarter with BP in Canada. The battery hybrid PSV Siem Symphony will mobilize to Canada for the contract. Siem Symphony was last in Canada in 2019. Since then, the large platform supply vessel powered by LNG/MGO, has been upgraded with a 560kWh battery, which over the past year has reduced CO2 emissions by more than 1000t and saved more than 350m3 of fuel…
Ecospray's MCFC Tech Gets RINA Nod
Ecospray has informed that RINA has confirmed that the CO₂ reduction achieved by the new Molten Carbonate Fuel Cells (MCFC) technology for Carbon Capture (CC) in shipping, developed by Ecospray, matches the expected targets announced by the company at the beginning of the project.Ecospray chose to use bio-LNG as fuel for the MCFC technology. The MCFC can be fueled with hydrogen, methanol, ammonia, fossil LNG…
Southern Devall to Trial Amogy’s Ammonia-to-power Technology
Ammonia power solutions company Amogy announced it is partnering with Southern Devall to trial its ammonia-to-power technology for the first time in the maritime market as the industry strives to reduce its vessel emissions.Amogy’s proprietary ammonia-to-power system converts ammonia into hydrogen for use in fuel cells or as a more energy dense method of long-distance hydrogen transportation. The system…
German Navy Helping Norway Protect Offshore Oil Rigs, Pipelines
The German navy is helping Norway to protect critical maritime infrastructure such as oil rigs, undersea cables, and pipelines, and is ready to do the same off the Danish and Swedish coasts, its head said on Thursday. Bordering Russia in the north, Norway is Europe's biggest producer of natural gas and oil and has an extremely long coast that is hard to protect. It operates an extensive network of pipelines that connect the country with Britain and Europe.
Maersk to Produce E-methanol in Spain for Its Cargo Ship Fleet
Shipping giant Maersk plans to produce up to two million tonnes of e-methanol a year in Spain by 2030 to supply its fleet of cargo ships and reduce its carbon footprint, the Spanish government said on Thursday.The project will require an investment of about 10 billion euros ($9.75 billion), according to Spanish government calculations, and Spain may enter as a strategic investor. An agreement on the project…
SFL to Acquire PCTC with Long-term Charter
SFL Corporation Ltd. has agreed to acquire a Pure Car Truck Carrier (“PCTC”) in combination with a long term time charter to a leading car carrier operator until 2028.The company expects to take delivery of the vessel during the fourth quarter. The fixed rate charter backlog will increase by approximately $65 million, with the possibility of additional upside from profit share related to fuel savings from the vessel’s scrubber.
China Says U.S. has 'No right' to Interfere in Hamburg Port Deal
The U.S has "no right" to interfere in Chinese cooperation with Germany, China's foreign ministry said Thursday, after Washington cautioned against Beijing getting a controlling stake in Hamburg's port terminal. U.S. interference is symptomatic of its practice of coercive diplomacy, foreign ministry spokesman Zhao Lijian told reporters at a daily briefing in Beijing. "Pragmatic cooperation between China and Germany is a matter for the two sovereign countries…
Shipbrokers IFCHOR and Galbraiths to Merge
Shipbrokers IFCHOR and Galbraiths have agreed to merge and are in the final stages of completing a share for share agreement which is expected to close in the next few weeks.
MTR100 Spotlight: Armach Robotics
The MTR100 is a look at the 100 leading companies, technologies and people in the global subsea sector. In the September/October edition, Marine Technology Reporter published the 17th Annual MTR100. Today's spotlight is on Armach Robotics, launched by Greensea Systems Inc.Armach Robotics (Armach) is setting out to revolutionize proactive in-water cleaning of ship hulls by using of small, autonomous robots.
More Than 60% of Port of Aberdeen's South Harbour Expansion Project Operational
More than 60% of the Port of Aberdeen's £400 million South Harbour development is now operational, marking the project's penultimate construction milestone, the port said in a statement on Thursday.The handover from construction to operations for Dunnottar, Crathes, and Castlegate (East) Quays was completed this week. Castlegate (West) is scheduled to open in December 2022, and the remaining Balmoral Quay will be brought into service in Q2 2023…
Core Profit Surges Tenfold at Oil Tanker Firm Euronav
Euronav's core profit was more than ten times higher in the third quarter than in the same period last year as the recovery in large crude tanker freight rates accelerated, the Belgian oil tanker and storage operator said on Thursday. The crude shipping market, which has battled with low earnings since the pandemic first hit oil demand, is now seeing freight rates recover, while this year's trade flow disruptions due to sanctions on Russia have driven shipping activity.
ExxonMobil Books Maersk Nomad SSV for Operations in Guyana
U.S. oil major ExxonMobil has chartered the Subsea Support Vessel (SSV) Maersk Nomad for a minimum one-year contract, supporting its field development activities offshore Guyana.Maersk Nomad will be operating with two ROVs onboard, providing general and subsea support scopes for ExxonMobil’s six ultra-deepwater drillships currently operating offshore Guyana in the Stabroek Block. The first charter is expected to start in mid-November 2022…
