Singapore Detained Gatik Tanker in May Over Safety Issues
Singapore authorities detained one of the oil tankers from Gatik Ship Management's fleet, a major carrier of Russian oil to India, for three days last month over safety issuesā¦
Helix Energy Solutions Wins Major Offshore Decommissioning Deal in U.S. Gulf of Mexico
U.S.-based offshore service firm Helix Energy Solutions has secured a 39-well decommissioning contract in the U.S. Gulf of Mexico shelf with an unnamed client. The projectā¦
Asia Shipbuilding Lays Keel for Innovative Sailing Cargo Ship for Marshall Islands
South Korea-based Asia Shipbuilding recently held the keel laying ceremony for hull number ASB ā 1245 of the Pacific Island Supply Vessel, an innovative sailing cargo ship for the needs of the Republic of the Marshall Islands.The consortium of Asia Shipbuilding Co., Ltd., and the naval design company Kostec Co., Ltd., last year signed a contract with the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ)ā¦
Sener Designs Biofuel Tanker Than Can Capture CO2 from Other Ships
Spanish engineering and technology group Sener said Thursday it had completed the conceptual design of a new sustainable biofuel tanker aimed at supplying biofuels during bunkering operations, that is also capable of capturing CO2 from other vessels.The vessel would be able to carry heavy fuel oil (HFO), very low sulfur fuel oil (VLSFO), biofuels and marine gas oils (MGO), and also store the capturedā¦
Golden Ocean CEO Steps Down. Interim CEO Appointed
Dry bulk shipowner Golden Ocean Group Limited has informed that Ulrik Andersen, Chief Executive Officer of Golden Ocean Management AS, has decided to step down from his position.
Wärtsilä Helping with Decarbonization of Orient Express' Bulk Carriers
Finland-based marine technology group Wärtsilä will partner with Transworld Group to apply what it says are the most advanced decarbonization modeling capabilities to the bulk carriers sector of Orient Express lines of Dubai.Orient Exrpress is owned by Transworld Group and Managed by Transworld Ship Management (TWSM), one of India's premium private sector ship management firms. The project aims toā¦
Denmark's Semco Maritime to Acquire German Firm Wind Multiplikator
Denmark-based engineering and contracting group Semco Maritime has agreed to acquire German firm Wind Multiplikator, specialized in managing offshore wind farms and projects and providing engineering and consulting services.The transaction also includes all activities in offshore service provider OWS Off-Shore Wind Solutions, which is part of Wind Multiplikator Group. The combined Wind Multiplikator Group focuses on offshore wind O&M related activitiesā¦
Eidesvik Offshore to Sell Three Laid Up Seismic Vessels
Eidesvik Offshore has entered into agreements to sell its three remaining seismic vessels, Veritas Viking, Vantage, and Viking Vision, to two separate buyers. Allā¦
New Bulk Carriers to Feature Ammonia-to-Hydrogen Cracking
The Norwegian company Pherousa Green Shipping, together with Pherousa Green Technologies, has announced plans for up to six Ultramax dry bulk carriers which will feature ammonia-to-hydrogen cracking technology to provide fuel for onboard fuel cells.Deltamarin has developed the innovative long endurance ammonia-fueled Ultramax bulk carrier concept together with PGT.Metacon recently announced the deliveryā¦
Yang Ming Orders Five Dual-Fuel LNG Container Ships
Taiwanās Yang Ming Marine Transport Corporation has ordered five 15,500 TEU LNG dual fuel container ships from HD Hyundai Heavy Industries.The new vessels are scheduled to be delivered in 2026. They will be equipped with a high-pressure LNG dual fuel main engine. In addition, they will feature a ballast water treatment system, an advanced integrated system for navigational information and operationā¦
North Korea Missile Tests Endanger Shipping, IMO Warned
North Korean missile tests are endangering the safety of commercial shipping in busy sea lanes in northeastern Asia without enough time given for notification, several countries told a UN agency on Wednesday.Nuclear-armed North Korea's sixth satellite launch on Wednesday ended in failure, with the booster and payload plunging into the sea, but it still prompted emergency alerts and evacuation warningsā¦
Insights: Mike Ellis, CEO, American Commercial Barge Line
There is no shortage of challenges confronting the U.S. barging industry, and executives such as Mike Ellis, CEO at American Commercial Barge Line (ACBL), are leading their companies past hurdle after hurdle. The Jeffersonville, Ind.-based company, which owns a fleet of approximately 150 towboats and moves a fleet of some 4,500 barges (including roughly 3,500 operated by ACBL), is focusing on factorsā¦
First PCTC Order Placed for a Methanol-Fueled Engine
China Merchants Heavy Industry has ordered two MAN B&W 7S60ME-LGIM (-Liquid Gas Injection Methanol) engines in connection with the construction of two 9,300 ceu (car equivalent units) PCTCs for China Merchants Energy Shipping (CMES).The order is the first order globally for the S60ME-LGIM variant, the first methanol-fuelled engine for a PCTC, and the first Chinese-built methanol engine.Engine manufacturerā¦
Shadow Tanker Fleet Poses New Safety Challenges
Ongoing and new threats posed by the ripple effects of the Ukraine conflict will create challenges to the shipping sector over the next 12 months and beyond, according to insurer Allianz Global Corporate & Specialty SEās (AGCS) Safety & Shipping Review 2023.Every year AGCS analyzes reported shipping losses and casualties involving vessels over 100 gross tons. During 2022, 38 total losses were reported globally, compared with 59 a year earlier.
Career Moves: US Offshore Wind Powering Up
In addition to wind, offshore wind demands human energy, individuals with knowledge and skills first to build and then operate and maintain the dozens of projects required to meet President Bidenās 2030 goal of 30 GW of offshore generation. In an October 2022 National Renewable Energy Laboratory report ā āU.S. Offshore Wind Workforce Assessmentā ā the authors estimate that it will require, on averageā¦
MetalCraft Awarded $31 Million USCG Patrol Boat Contract
Boatbuilder MetalCraft Marine Inc. (MCM) announced it has been awarded a $31 million contract from the U.S. Coast Guard (USCG) as part of the Long-Range Interceptor (LRI) III program. This is the second contract MCM has received for the design and build of their 11-meter high-speed Interceptor patrol boat.āOur previous Interceptor for the Coast Guard, the 11M LRI II, proved to be a very successful platform,ā said MCM contracts manager Bob Clark.
CMA CGM Acquires La Méridionale, New Ship Orders Planned
The CMA CGM Group today finalized the acquisition of La Méridionale, a mixed-use freight and passenger shipping company established in Marseille since 1931. La Méridionale currently has four RoPax vessels, which operate up to 13 weekly crossings between Marseille, Porto Vecchio and Ajaccio, plus connections between Marseille and Morocco.The acquisition of La Méridionale complements the new division of the CMA CGM Group dedicated to specialized shipping operations.
Cyan, Taya in Offshore Wind Vessel Collab in Taiwan
Singapore-based Cyan Renewables said Wednesday it had signed a Memorandum of Understanding (MOU) to partner with Taiya Renewable Energy, a Taiwanese offshore wind farm development company. Under the MOU, Cyan and Taiya will collaborate to build vessel capacity, including CLV, FIV and WTIV vessels, and work together on deployment in Taiwan and other markets. The MOU also outlines partnerships on key infrastructure like offshore wind supply baseā¦
Baltic Index Falls for the Month as Vessel Demand Wanes
The Baltic exchange's main sea freight index recorded its first monthly decline in four on Wednesday, on weakness in shipping rates across all segments, with lower coal demand dragging the capesize segment down in particular.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, fell 146 points, or 13.0%, to its lowest since Feb. 27 at 977.The main index was down 38% for the monthā¦
Crowley Invests in Tugdock's Floating Dry Dock Platform to Boost U.S. Floating Offshore Wind
U.S.-based maritime logistics and offshore services firm Crowley on Wednesday announced a new investment in Tugdock. Tugdock has developed "the worldās first road-transportable floating dry dock" known as the Tugdock Submersible Platform (TSP), to help advance offshore wind energy in the U.S.Crowley and Tugdock will explore the potential use of the platforms in locations such as the U.S. West Coastā¦
