HMM Plans Onboard Carbon Capture Field Test
Hyundai Merchant Marine (HMM) has announced plans to conduct field tests of an onboard carbon capture system following a feasibility study of the technology for container ships.The project is being conducted with Samsung Heavy Industries (SHI) and PANASIA in the second half of this year.The feasibility study revealed that the system could be installed without changing the existing equipment of the…
DNV Launches Real-Time Emissions Data Verification Solution
DNV has launched Emissions Connect, an emissions data verification engine and data management platform designed to help the maritime industry accurately assess and work with emissions data.The solution provides a trusted, verified source of emissions data that can be shared securely with all relevant stakeholders along the maritime value chain. High-quality emissions data provided by the shipowner…
ONE Orders Wind-Assist Technology from Econowind
Singapore-based Ocean Network Express (ONE) has decided to install two containerized wind assist units on one of their operated container feeder ships before the end of 2023.The 143-meter, 1036 TEU capacity Kalamazoo is owned by Singapore-based Norse and the wind assist systems will be supplied by the Netherlands-based company, Econowind.The two containerized units will be equipped with the latest wing design from Econowind, the VentoFoil.
Transocean's Big Move: Adapting Offshore Drilling Vessels to Install Wind Foundations
Transocean, best known for its deepwater drilling services in the oil and gas space, is looking to expand into the offshore wind sector and is planning to convert some of its offshore drilling vessels into wind foundation installation vessels.The company said Wednesday it had executed a non-binding memorandum of understanding with offshore wind installation services firm Eneti with a plan to form a…
Castor Sells 2007-built Panamax for $12.6 Million
Shipping company Castor Maritime announced it has completed its sale of a a 2007-built Panamax bulk carrier for $12.6 million. The company had revealed in March that it sold the 73…
US Navy Sends a USV Through the Strait of Hormuz
The U.S. Navy on Wednesday sent an uncrewed surface vessel (USV) through the Strait of Hormuz as it ramps up its use of high-tech unmanned assets for patrols and monitoring at sea.The transit was reportedly the Navy's fist for a USV through the busy and strategically important strait, demonstrating the continued operational integration of unmanned and artificial intelligence systems by U.S. maritime…
Oil Exports from Russia's Western Ports Hit 4-year High
Oil loadings from Russia's key western ports in April will rise to the highest level since 2019, above 2.4 million barrels per day (bpd) despite Moscow's pledge to cut output, trading and shipping sources said.Russian crude exports and transit from the ports of Primorsk, Ust-Luga and Novorossiisk in Arpil will rise above 10 million tonnes, up from 9.7 million tonnes in March.Russia's Deputy Prime Minister Alexander Novak said on Feb.
Maintenance Dredging at the Port of Weipa to Begin in May
North Queensland Bulk Ports Corporation (NQBP) will soon begin maintenance dredging at the Port of Weipa. NQBP Acting Chief Executive Officer Belinda Kenny said the dredge vessel TSHD Brisbane is due to begin work from early May 2023.“Maintenance dredging works are an integral part of port operations,” Kenny said. “In the same way we maintain roads and rail lines for freight transport, we need to look after our port infrastructure to keep trade flowing.
Russia Accuses Ukraine of Sabotaging Grain Deal with Bribery Scheme
Russia on Wednesday accused Ukraine of sabotaging the Black Sea grain deal by demanding bribes from ship owners to register new vessels and carry out inspections under the cover of a deal the United Nations hopes could ease a global food crisis.There was no immediate comment on the allegation, levelled by Russia's Foreign Ministry, from Ukraine which has blamed Moscow for problems with the agreement.
Huisman to Deliver 3,000mt+ Crane for Havfram Wind's New WTIV
Dutch crane maker Huisman has won a contract from offshore wind installation contractor Havfram Wind for the delivery of a 3,000mt+ Leg Encircling Crane for its second NG-20000X Wind Turbine Installation Vessel. The crane contract news comes just a day after Havfram Wind said it had ordered the WTIV from China's CIMC Raffles.Also, Huisman's contract follows an earlier order in December 2022 for an…
Second-hand Crude Tankers Reach Highest Values in 25 Years, BIMCO Says
“Second-hand crude tanker values for five-year-old ships hit bottom levels in late 2020 and have since increased by an average 67%. Over the past twelve eventful months values have risen by 34%, reaching their highest level in 25 years,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO.Crude tanker values saw their most recent low in December 2020 when Clarksons Research estimated the combined value of a five-year-old Aframax, Suezmax, and VLCC was USD 138.5 mill.
New Sensors Expected to Reduce Illegal Immigration Across English Channel
French and British authorities have ordered infrared panoramic detection systems from French company HGH to help reduce illegal immigration across the English Channel.The two countries have previously signed a “smart border” agreement worth 72.2 million euros for the period 2022-2023. The aim is to use advanced technologies to secure the coastline and prevent people drowning onboard makeshift boats.HGH will provide its SPYNEL solutions which allow for permanent and continuous surveillance.
Panama Canal Lowers Maximum Depth Limit Due to Drought
The Panama Canal will impose lower draft restrictions on the largest ships passing through the key global trade route due to falling water levels at nearby lakes that form part of the waterway, the canal authority said on Tuesday.The restrictions, which will take effect on Wednesday, mean so-called neo-Panamex container ships seeking to cross the canal connecting the Atlantic and Pacific Oceans must comply with a maximum depth of 47.5 feet…
Provaris Launches Compressed Hydrogen Floating Storage Concept
Australia-based Provaris Energy has launched a gaseous hydrogen floating storage concept called H2Leo that has been granted Approval in Principal by ABS.The solution has a design capacity range of 300 to 600 tonnes of hydrogen, expandable to up to 2,000 tonnes and will enable greater flexibility and optimization of Provaris' compressed hydrogen supply chain projects under development in Asia and Europe.The floating storage solution is suitable for various hydrogen supply chains and applications…
Strategic Marine Commissions Study on Hybrid CTVs
Singapore-based boat builder Strategic Marine has commissioned a study to compare the efficiency of traditional diesel-powered and hybrid-powered crew transfer vessels (CTV).The study, to be conducted by the Maritime Energy and Sustainable Development Centre of Excellence (MESD CoE) at Nanyang Technological University, Singapore (NTU Singapore), aims to help the company expand its knowledge and expertise…
