Alaska's Qilak LNG Targets Asia with $5B Project to Compete with Russia
Qilak LNG plans to invest $5 billion in a proposed liquefied natural gas (LNG) facility in Alaska's North Slope to compete with Russia's Yamal project for Asian customers towards the end of this decade, its chief executive said. Major LNG importers such as Japan, South Korea, and Taiwan are rethinking Russian supplies after sanctions on Moscow after it invaded Ukraine and more natural gas could be…
US Plans No Wider Easing of Sanctions on Venezuela, Official Says
The U.S. government is not planning a systematic easing of sanctions on Venezuela after an initial round allowed partners of state-run oil firm PDVSA to resume taking oil for past debts, a State Department official said.In November, Washington issued a six-month license allowing Chevron Corp. to expand operations and export Venezuelan oil to the United States. Eni and Repsol also began taking Venezuelan crude for debt with U.S. approvals, This year, Trinidad and Tobago received a U.S.
Wärtsilä to Deliver CCS-ready Scrubbers for 8,200 TEU Containerships
Wärtsilä received its first order for carbon capture and storage-ready scrubber systems - CCS-Ready scrubbers.Wärtsilä said that four 8,200 TEU container vessels, being built at undisclosed Asian-based yard, would be fitted with Wärtsilä’s CCS-Ready 35MW scrubber in an open loop configuration.The scrubbers are termed CCS-Ready because, as part of their installation, Wärtsilä will perform additional…
New Intelligence Points to Pro-Ukraine Group in Nord Stream Attack
New intelligence reviewed by U.S. officials suggests that a pro-Ukraine group - likely comprised of Ukrainians or Russians - attacked the Nord Stream gas pipelines in September, but there are no firm conclusions, the New York Times reported on Tuesday.There was no evidence that Ukrainian President Volodymyr Zelenskiy or other Ukrainian government officials were behind the attacks which spewed natural gas into the Baltic Sea, the newspaper reported, citing U.S.
MOL Bulk Carrier to be Equipped with Rotor Sails
Japanese shipping company Mitsui O.S.K. Lines, Ltd. (MOL) and Brazilian headquartered mining company Vale are teaming up to retrofit an in-service bulk carrier with rotor sail auxiliary wind propulsion to help reduce fuel burn and greenhouse gas (GHG) emissions.The 200,000-ton class Capesize bulk carrier, currently employed under a mid-term contract for transportation of iron ore for Vale, will be fitted with a pair of 35- by 5-meter rotor sails produced by Finland's Norsepower.
Kyiv Holding Online Talks with Partners on Grain Export Deal Extension
Ukraine has started online talks with partners on extending the Black Sea Grain Initiative aimed at ensuring Kyiv can keep shipping grain to global markets, a senior Ukrainian government source said on Tuesday.The source said Ukraine had not held discussions with Russia, which blockaded Ukrainian Black Sea ports after its invasion last year, but that it was Kyiv's understanding that its partners were talking to Moscow."The situation with negotiations is rather complicated.
Auramarine Opens New Factory in Shanghai
Auramarine, provider of fuel supply systems and other auxiliary equipment for the marine, power and process industries, announced its relocation in Shanghai, China.Auramarine’s CEO John Bergman said, “Our new factory enables us to increase our production capacity to meet the demands of the coming years, while also providing a first-class working environment for our dedicated staff. All of these improvements will result in shorter lead times…
Navarino Expands Partnership with Cobham Satcom
Maritime communications and connectivity company Navarino and radio and satellite communication (satcom) solutions provider Cobham Satcom have extended their strategic partnership based on integration of next generation SAILOR XTR antennas with Navarino’s global connectivity services.Navarino, the world’s largest Inmarsat Fleet Xpress Value Added Reseller, also offers a full portfolio of Ku-Band solutions leveraging networks from Intelsat and SES.
Bollinger Holds Steel Cutting Ceremony for T-ATS 10
Bollinger Shipyards last week officially commenced construction of the U.S. Navy's future USNS Muscogee Creek Nation, at Bollinger Mississippi Shipbuilding in Pascagoula, Miss. The vessel is the 10th Navajo-class Towing, Salvage and Rescue Ship (T-ATS) and the fifth T-ATS vessel being constructed by Bollinger since acquiring the program in April of 2021.“We’re excited to be able to utilize our newly…
ONE-Dyas Opts for LiMain for Unmanned Offshore Rig
The Dutch oil and gas company ONE-Dyas is the first to purchase a Liebherr offshore crane, type RL 2600, in combination with the recently launched service concept Liebherr Intelligent Maintenance (LiMain). LiMain is a fully digital, remote, and semi-automatic maintenance system, and with it ONE-Dyas can remotely maintain the new Liebherr craneon the unmanned platform.ONE-Dyas will install the first electrified gas production platform in the North Sea…
Debunking Four Myths that Stand in the Way of Wind-powered Cargo Ships
Sailing cargo ships are making a genuine comeback.Japanese bulk carrier MOL is operating a wind-assisted ship. American food giant Cargill is working with Olympic sailor Ben Ainslie to deploy WindWings on its routes. Swedish shipping company Wallenius is aiming for Oceanbird to cut emissions by up to 90%. The French start-up Zephyr & Borée has built the Canopée, which will transport parts of European…
Asia Demand to Drive Cheniere's LNG Shipments this Year
Cheniere Energy expects to ship more liquefied natural gas (LNG) to Asia this year, after European customers took the lion's share of its 2022 cargoes, an official said on Monday.The top U.S. exporter of LNG shipped a total of 638 cargoes last year, with slightly over 70% delivered to Europe, Chief Operating Officer Corey Grindal said at the CERAWeek energy conference.Cheniere last year gave the financial go ahead for an expansion of its Corpus Christi…
Russia Begins Diesel Exports to Saudi Arabia
Russia began diesel exports to Saudi Arabia in February as it seeks to contend with an EU embargo on Russian supplies, traders said and Refinitiv data shows.A full EU embargo on Russian oil products started on Feb.
Tech Trio to Develop LOHC-SOFC Power System for Maritime
A trio of companies -- Alma Clean Power, Hydrogenious LOHC Technologies and Hydrogenious LOHC Maritime -- announced a joint development agreement to engineer a fully integrated LOHC-SOFC (Liquid Organic Hydrogen Carrier-Solid Oxide Fuel Cell) power system for the Enova supported project HyNjord, focusing on a 100-kW pilot powertrain to be demonstrated on board the Østensjø Rederi operated offshore supply vessel Edda Ferd.
ClassNK Issues Four AiPs for GTT Alternative Fuel Projects
ClassNK has issued four Approvals in Principle (AiPs) to GTT, following latest development projects in alternative fuels.
Kongsberg Maritime to Supply Propulsion Systems for Six Philippine Navy Vessels
Norway's Kongsberg Maritime has won an order for six sets of controllable pitch propeller systems from South Korea's Hyundai Heavy Industries for installation in six new 94-meter offshore patrol vessels for the Philippine Navy.Each propulsion set will consist of twin Kongsberg Kamewa Controllable Pitch Propeller (CPP) 86 A/5 D-B systems, as well as shaft lines, hydraulic power units, local operating panels, and accessories.
Solstad Offshore to Exit Platform Supply Vessel Business. Agrees to Sell 37 Vessels to Tidewater
Norwegian offshore support vessel owner Solstad Offshore has agreed to sell 37 platform supply vessels to the U.S. firm Tidewater for $577 million.The sale will mark Solstad Offshore's exit from the platform supply vessel sector. Ongoing PSV charter parties will be transferred to Tidewater. Solstad will offer management services to Tidewater in a transition period to facilitate a smooth transfer for…
Campbell Acquires NGL's Towboat and Barge Fleet
Houston, Penn.-based Campbell Transportation Company, Inc. (CTC) on Monday announced it has signed a definitive purchase agreement to acquire the majority of the marine assets owned by NGL Marine…
US Offshore Wind Pushing Forward, But Short-term Cost Concerns Linger
As we move into March, we note both positive and negative trends developing in the U.S. offshore wind segment.As an indication of the long-term sustainability of the offshore wind industry in the United States, federal agencies are finalizing the auction by the middle of this year of three Gulf of Mexico sites that will support a minimum of 3.6 gigawatts (GW) of offshore wind capacity. This capacity is likely to come onstream early in the next decade.
Ports of Indiana Invests to Expand Following 6% Cargo Growth in 2022
Ports of Indiana announced more than $20 million in expansion and maintenance projects have been approved following several years of cargo growth.Ports of Indiana, which includes Jeffersonville, Burns Harbor and Mount Vernon, handled 11.9 million tons of cargo in 2022, resulting in a 6% increase from 2021 and 42% more than 2020. During 2022, the Burns Harbor and Jeffersonville ports both set new records for total annual shipments…
