Belships Acquires Three New Bulk Carries
Norway-based Belships announced it has entered into agreements for the acquisition of three new Ultramax bulk carriers. The 64,000 dwt vessels are currently being…
YSA Design Forms New Sustainability Division
YSA Design, an architect and design studio for cruise ship interiors, announced it has formed a division to improve sustainability across its internal operations and cruise projects.The Norway-based firm said it has appointed Fabiana Vale Dornelas and Trond Sigurdsen as Head of Sustainability & Implementation and Head of Sustainability & Technology, respectively, to lead the division. “The creation…
Hornbeck Buys Six OSVs from Edison Chouest
Covington, La.-based offshore vessel owner Hornbeck Offshore Services has reached a deal to acquire six offshore supply vessels (OSV) from an affiliate of its peer Edison Chouest Offshore.Hornbeck announced Monday it entered into a definitive vessel purchase agreement with Edison Chouest's Nautical Solutions to buy the "high-spec new generation" OSVs for an undisclosed cash price. Each of the vessels are U.S.-flagged…
Italy Urges 'Stop' to Migrant Boats as Shipwreck Death Toll Hits 63
Rescuers recovered four more bodies on Monday, a day after a wooden sailboat carrying migrants to Europe smashed onto rocks in stormy weather off southern Italy, bringing the death toll to 63, including at least 14 children.Rescuers said most of the migrants came from Afghanistan, as well as from Iran, Somalia, Syria and elsewhere. Pakistan's foreign ministry said 20 Pakistani citizens were on the boat…
Ukraine to Set up $500 Million Insurance Fund for Cargo Ships
Ukraine will offer compensation for possible damages to civilian vessels entering its ports, Deputy Prime Minister Oleksandr Kubrakov said on Friday, as Kyiv tries to boost exports that are vital for its war-hit economy.Ukraine is a major producer and exporter of agricultural products, metals and chemical goods but has faced blockades of Black Sea ports since Russia's invasion a year ago and only food…
Chevron Aims to Shrink the Carbon Footprint of Its LNG Fleet
Chevron's shipping arm has set out to reduce the carbon intensity of its liquefied natural gas (LNG) fleet operations.The U.S.-based supermajor said Chevron Shipping Company has entered into an agreement with Singapore's Sembcorp Marine Repairs & Upgrades to install new technologies aboard its vessels, such as a reliquefication system, hull air lubrication and a new gas compressor, that are together expected to reduce cargo boil-off…
US Retailers' Ocean Shipping Price Woes Ending as New Delays Threaten
Collapsing ocean shipping rates are not all good news for U.S. retailers, who paid as much as $20,000 to move a container of goods during the worst pandemic disruptions, as they now are bracing for delays due to plummeting demand.Carriers like MSC and Maersk are trying to prop up prices by cancelling voyages and that could spark a new round of cargo delays as containers get bumped from one ship to the next, experts said ahead of a major U.S.
KR Upgrades Its Emissions Reporting System
Korean Register said recent upgrades to its greenhouse gas (GHG) Emission Authentic Reporting system (KR GEARs) will enable maritime stakeholders to more easily ensure compliance with GHG regulations in a shorter period.Launched by KR in 2019 to help shipping companies and operators to manage their fleets' GHG emissions data and remain compliant with tightening GHG regulations, KR GEARs has been updated to include a new real-time carbon intensity indicator (CII) monitor…
DMB Takes Over the Anschütz Group
Anschütz, a brand with more than a century history (since 1905), has a new owner and is part of DMB Dr. Dieter Murmann Beteiligungsgesellschaft mbH, meaning that Raytheon Anschütz GmbH is to be renamed Anschütz GmbH once the entry in the commercial register has been made.DMB takes over the entire Anschütz Group with its headquarters in Kiel and international subsidiaries in Panama City, Portsmouth (United Kingdom), Rio de Janeiro, Shanghai and Singapore.
DNV, Partners Launch JIP to Assess Offshore Wind Installation Emissions
The maritime classification society DNV has, with its partners, launched a joint industry program to establish a monitoring and reporting framework for assessing greenhouse gas (GHG) emissions in the offshore wind installation sector. The partners of the JIP called EMRED, comprise energy companies, ScottishPower Renewables, RWE, Vattenfall, and Orsted, and installation and operation companies, Jan De Nul Group, DEME, Ziton, Cadeler, Van Oord, Fred.
SSY Appoints Adland as Global Head of Research
Independent shipbroker Simpson Spence Young (SSY) on Monday announced it has appointed Roar Adland (Ph.D, FICS) to the role of global head of research, effective May 2023. Internationally recognized with over 20 years of professional experience, Adland has built an impressive reputation as one of the most pre-eminent shipping experts in the world today, gaining a Ph.D from the Massachusetts Institute…
Uncrewed Ships Set to Bring Diversity Boost
The maritime industry’s movement toward remote vessel operations will not only build a more diverse workforce, it will benefit from it, argues marine robotics company Ocean Infinity.Greater workforce diversity, whether it be considered along lines of ethnicity, gender identity, sexuality, age, socioeconomic status, neurotype, physical ability or any other parameter, has shifted over the course of the last decade from a ‘nice to have’ to a fundamental value.
Brazil's FTS Group Wins Auction for Paranagua Port Terminal
FTS Group won an auction on Friday to operate a terminal at the port of Paranagua, one of the main ports in Brazil for grains and sugar, amid an uptick in shipping activity in the country.The group will have to invest at least 338.2 million reais ($64.91 million) in expansion works at the port's terminal called PAR50, which deals with transport and storage of bulk liquids, said Portos do Parana, which…
Bangladesh Powers Ship Recycling Market
It is the Bangladeshi market that has been impressing everybody of late (and for yet another week) with a lot of pent-up demand being realized and even news of some choice purchases at decent numbers on units that have managed to receive L/C approvals.Indeed, we have once again seen levels over $600/LDT in Bangladesh for the first time since the same time last year, and competing markets are increasingly…
What is 'Hybrid-ready'?
There are vessels on order today—including crew transfer vessels (CTV) being built in the U.S. (American Offshore Services at Blount Boats and for WINDEA CTV at St. Johns Ship Building and Gulf Craft, for example)—that are described as “hybrid-ready”. Of course, a vessel is either hybrid or it isn’t. So what does hybrid-ready mean?When asked about the hybrid-ready CTVs that Blount Boats is building…
"Only One Stupid Thing at a Time"
This story spans a long period of time, but begins with a note I received recently on an earlier column from a reader named Allan Berger. He commented on the OODA loop concept in my “Pondering Truths in Design” column in the September MREN issue.He provided his approach that closely follows the OODA loop concept, which follows the principle of always gathering all the facts before speaking. That led to a discussion on decision making.
USNS Cody, 14th EPF, Christened
Austal USA christened its 14th Expeditionary Fast Transport (EPF), USNS Cody, during a ceremony at its manufacturing facility. Cody is the first EPF Flight II as well as the first Navy vessel to honor the city of Cody, Wyo. The ceremony for the Navy’s first Flight II EPF was well attended by Navy leaders and elected officials. Vice Admiral Francis Morley, principal military deputy to the assistant secretary of the Navy for research…
EnBW and BP Looking to Build Low-emission Vessels for Offshore Wind Maintentance
BP and EnBW are collaborating with research and development experts at the UK-based Offshore Renewable Energy (ORE) Catapult to investigate using zero- or low-emission support vessels at offshore wind farms.The two companies are jointly developing three offshore wind projects in two UK locations – ‘Morven’, a potential 2.9GW lease area off the east coast of Scotland, and ‘Morgan’ and ‘Mona’ within a 3GW area in the Irish Sea.
HAV Design Becomes First European Firm to Design SOV for U.S. market
The Norwegian company HAV Group said Monday that its ship-design subsidiary, HAV Design, had signed a contract with Fincantieri Bay Shipbuilding to construct a newbuild service operation vessel (SOV) destined for the Coastal Virginia offshore wind project in the U.S.The ship will be built for CREST, a partnership between the U.S. company Crowley and the Danish company ESVAGT."The contract marks the U.S.
