ABS AIP for Provarisâ Compressed Hydrogen Technology
ABS has presented Provaris Energy with an approval in principle (AIP) for its innovative gaseous hydrogen floating storage concept in a ceremony at NOR Shipping.The solution, dubbed H2Leo, has a design capacity range of 300 to 600 tonnes of hydrogen, expandable to up to 2,000 tonnes. The unit is designed for various hydrogen supply chains and applications, including bunkering for the maritime sectorâŠ
Baltic Dry Index Logs Best Day in Nearly Three Months
The Baltic Exchange's main sea freight index posted its biggest single-day gain since mid-March on Tuesday, supported by higher rates for capesize and panamax vessels.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels carrying dry bulk commodities, rose 77 points, or 8.2%, to 1,016, its biggest daily percentage gain since March 14.The capesize index jumped 205 points or 17.4% to 1,383 - its biggest rise in over three months.Average daily earnings for ca
Black Sea Grain Deal Could Hinge on Ammonia Pipeline
A possible extension next month of a deal allowing the safe wartime export of grains and fertilizers from three Ukrainian Black Sea ports could hinge on the reopening of a pipeline that delivers Russian ammonia to one of those Ukrainian ports.The dealsThe United Nations and Turkey brokered the Black Sea Grain Initiative for an initial 120 days last July to help tackle a global food crisis worsened by Moscowâs invasion of Ukraine, one of the worldâs leading grain exporters.
Inchcape Shipping Services Names Evangelidis COO
Port agency and marine services provider Inchcape Shipping Services announced it has appointed Anna Evangelidis as its new Chief Operating Officer, effective June 6, 2023.Evangelidis brings with her a wealth of experience, having previously worked at BP, Saipem and LR (Lloyds Register), where she held various positions as a naval architect, pipeline engineer, procurement, and other operational leadership roles. Evangelidis secured an honors degree in Ship Science from Southampton University.
KR Approves Methanol-fueled MR Tanker
Korean Register (KR) has granted an approval in principle (AIP) for a methanol-fueled MR tanker, jointly developed by KR, South Korean shipbuilders K Shipbuilding and equipment manufacturer S&SYS.As part of the joint development project (JDP) between the three companies, the MR tanker is designed as a dual-fuel vessel, harnessing the power of marine gas oil (MGO) and methanol. The vessel incorporatesâŠ
Threat to Whales Complicates US Research into Seaweed for Biofuel
In Cape Cod Bay, 10-year-old Pilgrim and her calf skim the water's glassy surface alongside the Shearwater research vessel to feed on tiny crustaceans.The two are among the last surviving 340 or so North Atlantic right whales left migrating along the U.S. East Coast â down from 480 right whales in 2010.The biggest threats they face include being struck by passing ships or getting entangled in ropes used for lobster fishing off the U.S.
AST Announces âTry Before You Buyâ Offer for OneWeb
Following the launch of OneWebâs 18th satellite deployment, Applied Satellite Technology (AST) Ltd has brought to market an opportunity for maritime organizations to âtry before you buyâ the new OneWeb service.AST is enabling maritime users across Europe, the Mediterranean and 50 degrees North to get connected to the fast, reliable and affordable OneWeb service with the additional benefit of ASTâs exclusive bandwidth management solution INTEGRA Control, a data management software offering real-t
UAE Tightening Insurance Cover for Ships Flying Its Flag
The United Arab Emirates is tightening insurance requirements for vessels registered under its flag, according to a government advisory, amid growing concerns over ships sailing without top tier cover in the event of an oil spill.Ships typically have protection and indemnity (P&I) insurance which covers liability claims including environmental damage and injury.
Anemoi Scales Up Rotor Sail Technology
Anemoi Marine Technologies, a UK-based developer of rotor sails for the shipping industry, said it is enhancing its efforts to provide its technology for ship owners, managers and charterers to install onboard vessels as they look to decarbonize their operations.Anemoi offers a range of rotor sails, varying in height from 24 to 35m, suitable for installation and retrofitting on deep-sea vessels including bulk carriers, tankers, ferries, ro-ros, and multipurpose vessels.
SeaTankers Taps Danelec for Ship Performance Monitoring
Denmark-based maritime safety, data collection and ship performance monitoring company Danelec Marine reports it has completed a turnkey project from installation to commissioning of a cloud-connected ship performance monitoring solution on +120 merchant ships operated by SeaTankers Group (Frontline, Golden Ocean Group, SFL Corp, Avance Gas, FlexLNG).The solution, which combines Danelecâs Kyma Shaft Power MeterâŠ
LR and LISCR Award Design Approval for Worldâs First 22,000cbm Multi-gas Carrier
Lloydâs Register (LR) and the Liberian International Ship & Corporate Registry (LISCR) have awarded design approval to HD Korea Shipbuilding & Offshore Engineering (HD KSOE) and Hyundai Mipo Dockyard (HMD) for the development of the worldâs first 22,000cbm multi-gas carrier as part of a joint development project for LCO2 carrier design and development. The vessel will be capable of carrying liquified carbon dioxide (LCO2)âŠ
Container Shipping Freight Rates Are Too Low, Says Hapag Lloyd CEO
Global container shipping freight rates have reached unsustainable levels and must rebound, the chief executive of Germany's Hapag Lloyd, the world's number five operator by volume, said on Tuesday."There are spot rates that are clearly below cost," said CEO Rolf Habben Jansen in a call with journalists."In the long run, that typically does not hold.
Group Set Up to Study Onboard Carbon Capture Technologies for Shipping Industry
Ship classification organization ABS said Tuesday it had joined an elite working group comprised of global maritime leaders to study onboard carbon capture technologies.The collaborative project brings together ABS, Diana Shipping Services S.A., Equinor ASA, GasLog LNG Services Ltd., Maran Gas Maritime Inc., Minerva Gas Inc., Neptune Lines Shipping and Managing Enterprises S.A., Norwegian Maritime Authority (NMA), Prime Tanker Management Inc., Solvang ASA, Springfield Shipping Co.
Ulmatec to Deliver Gangway for Another Jones Act Offshore Wind Vessel
Norway-based gangway supplier Ulmatec has secured a contract to supply a 32-meter motion-compensated gangway and logistics support systems for the next US-built Jones Act service operation vessel.This 260-foot vessel will be built for Edison Chouest Offshore (ECO) by North American Shipbuilding, an ECO affiliate. The vessel is a sister design to the âECO Edison,â the first U.S.-built Jones Act service operation vessel (SOV), and will feature spacious cabins and facilities for 60 technicians.
Sperry Marine to Deliver Navigation Systems for SAL Heavy Lift's New Vessels
Sperry Marine has secured the contract to deliver complete navigation systems including its VisionMaster Net bridge, NAVIGAT gyrocompass, and NAVIPILOT 4500N autopilot for four vessels under construction for SAL Heavy Lift at WuHu shipyard, China. Sperry Marineâs VM Net bridge system provides connected navigation and can be supported remotely, reducing the requirement for in-person service calls, the company said.According to Sperry MarineâŠ
Kongsberg Maritime Unveils Next-gen Offshore Vessel Designs
Norway's Kongsberg Maritime on Tuesday showcased a new line of offshore ship designs in its UT Design portfolio. The new anchor handler (AHT) and platform supply vessels (PSV) have the option to include alternative energy sources and fuels, such as methanol, ammonia, and hybrid-battery power.The AHT and PSV designs have received Approval in Principle from class society DNV to operate with ammonia-fuelled engines and they can incorporate an offshore charging capable plug-in hybrid optionâŠ
ONE Takes Delivery of its First 24,000-TEU Ship
Ocean Network Express (ONE) has taken delivery of its first 24,000-TEU container ship, ONE Innovation.The first of six Megamax class vessels, the 400-meter ONE Innovation was delivered by Japan Marine United Corporationâs Kure Shipyard.The vessel has a capacity of up to 24,136 TEU and will help bring economies of scale, says ONE. It features significantly lower carbon emissions through its hull design that aims to maximize cargo intake and minimize fuel consumption.
May Methanol Orders Exceed LNG
According to the latest figures from DNVâs Alternative Fuels Insight (AFI) platform, 19 vessels with alternative fuel propulsion were ordered in May - seven for LNG and 12 for methanol.This brings the year-to-date total for alternative fuel vessels to 73. Martin Wold, Principal Consultant in DNVâs Maritime Advisory business, commented: âIn May container vessels and car carriers continued to dominate the orders for ships equipped to use alternative fuels.
A Quiet Week in Chattogram, Says GMS
As the Bangladeshi budget of June 1 starts to be digested in full, it has been a quieter week in Chattogram for ship recycling as local banks and recyclers evaluate the outcome to ensure no unexpected surprises emerge, before committing afresh on tonnage.Thus far, none seem to be reported, says GMS, so it should be a busier time for sales and activity from next week. However, this time of year is typicallyâŠ
Hydrex Conducts Underwater Stern Tube Seal Repair in Algeciras
Last month, a Hydrex diver team carried out an underwater stern tube seal repair on a ro-ro ship berthed in Algeciras, Spain.The ship was suffering from an oil leak, making an on-site repair necessary. Using a Hydrex flexible mobdock, the team was able to carry out the entire operation on-site and underwater, saving the owner an expensive and time-consuming trip to drydock.Once the operation was approvedâŠ