Oceanology International Announces Marine Technology Reporter as Exclusive Video Media Partner
Marine Technology Reporter (MTR) has been unveiled as the exclusive video media partner of the Oceanology International exhibition and conference and will be delivering extended broadcast coverage from the 2024 event (Oi24).The collaboration will enhance Oi24’s value as a multi-media platform that communicates the changes in the fast-paced ocean technology, science, and engineering sectors and showcases…
Maersk Supply Service Selects Inmarsat Fleet Data IoT for Battery-powered AHTS
Danish offshore vessel owner Maersk Supply Service has selected the Fleet Data IoT platform from Inmarsat Maritime, a Viasat business, to help optimize the performance of its first vessel battery installation onboard the Maersk Minder anchor handler.The solution will also allow Maersk Supply Service to evaluate how best to optimize the use of zero-emission energy storage systems across its fleet. According to Inmarsat…
Ukraine Says Russia Dropped Explosives in Black Sea Shipping Lanes
Ukraine said on Wednesday Russian warplanes had dropped "explosive objects" into the likely paths of civilian vessels in the Black Sea three times in the last 24 hours, but that its fledgling shipping corridor was still operating.Ukraine is trying to build up a new shipping lane without Russian approval to revive its vital seaborne exports. Russia said it would consider any vessel a potential military…
Cashman Wins $29 Million Contract for Baltimore Dredging
Quincy, Mass. based Cashman Dredging & Marine Contracting Co. LLC, has secured a contract to perform maintenance dredging in Baltimore, Md.The $29,131,250 firm-fixed-price contract was awarded by the U.S. Army Corps of Engineers' Baltimore District. Cashman was one of three bidders for the project.The project, which involves the removal of 1,400,000 cubic yards (cy) from deep-draft federal navigation channels…
ZF Unveils New Azimuth Thrusters
ZF announced the expansion of its azimuth thruster (AT) lineup with the new AT 90, compatible with a wide range of commercial vessels such as tugs and ferries, supporting max power of 1,978 kW / 2,651hp.The well-mounted, Z-Drive thruster is one of the most flexible on the market, fully customizable to nearly any hull shape or vessel profile. It also supports auto-trolling. The combination with ThrusterCommand…
US October LNG Exports Climb to Second Highest Level on Record
U.S. liquefied natural gas (LNG) producers ramped up exports in October, to 7.92 million metric tons, according to data provider LSEG, the second-highest monthly level on record.Exports were just shy of the record 8.01 million metric tons in April this year, and were up from 7.12 million metric tons in September, when plant maintenance reduced U.S. production.The U.S. was the world's largest exporter of LNG in the first half of this year…
Baltic Dry Index Falls for 10th Straight Session
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for a tenth straight session to a near seven-week low on Wednesday, as rates fell across vessel segments.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, fell 4% or by 58 points to 1,401.The capesize index declined 6% or 121 points to 1,899, its lowest in over one month.Average daily earnings for capesize vessels, which typically transport 150,0
First Steel Cut for Bernhard Schulte Offshore's New CSOV
The steel-cutting ceremony was held Tuesday for the first of two TWIN X-STERN CSOV vessels for Bernhard Schulte Offshore in CRIST, Poland.The vessel's hull will take shape in Gdynia before being transported to Ulstein Verft for further outfitting, testing, and completion.The CSOVs will have a centrally located motion-compensated gangway for walk-to-work operations, a lift tower for the transfer of personnel and cargo, and the capacity to accommodate 132 people on board.Credit: UlsteinThe vessels
ACE Winches Urges Industry to Invest in Young Talent
Scottish engineering business ACE Winches is calling on industry to invest more in training young people as it expands its own apprenticeship scheme.The Aberdeenshire-based company has welcomed its very first foundation graduate, bringing the number of young people recruited as apprentices to around 300 over the last 30 years.The company's founder and CEO, Alfie Cheyne, a marine engineering apprentice himself when he left school at 16…
Solstad Offshore Sells Laid Up AHTS Vessel
Solstad Offshore's subsidiary, Solstad Rederi, has sold the Anchor Handling Tug Supply (AHTS) vessel Nor Spring.The 2008-built, 70-meter-long AHTS vessel has been in layup in Asia since 2020. "Delivery of the vessel to the new owner took place today, November 1, 2023," Solstad Offshore said, without disclosing the name of the buyer."The sale of the vessel will result in a positive accounting effect of approximately MNOK 50 to be reflected in the Q4 2023 accounts…
U.S. Approves Construction of 2.6 GW Offshore Wind Project
The U.S. Department of Interior on Tuesday approved the construction and operations plan for the 2.6 GW Coastal Virginia Offshore Wind project, located approximately 23.5 nautical miles off Virginia Beach, VA.This is the fifth approval of a commercial-scale offshore wind energy project in the United States.Located approximately 23.5 nautical miles offshore Virginia Beach, the CVOW commercial project is the largest yet.According to the Department of Interior…
Brazilian Offshore Uptick Could Tighten US OSV Fleet
Increased activity in the Brazilian offshore oil and gas sector could help strengthen the market recovery for offshore supply vessels (OSV) in the U.S. Gulf of Mexico.In early October, Brazilian state-owned oil company Petrobras issued requests for quotations (RFQ) for up to 20 OSVs ranging from 3,000 to over 4,500 deadweight tons to support upcoming drilling and production activities. The value of…
Colonna's Shipyard's President & CEO Tom Godfrey to Retire. New CEO Named
Colonna's Shipyard said Wednesday that its President & CEO, Tom Godfrey, would retire effective December 31, 2023. Randall Crutchfield has been named to replace Godfrey as the company’s Chief Executive Officer (CEO). Crutchfield is currently Executive Vice President & Chief Operating Officer (COO). Additionally, Jordan Webb, currently Executive Vice President of Shipyard Operations, will become President & General Manager.
Maritime Safety Finds a Future in the Cloud
Orca AI, headquartered in Israel and founded in 2018, has a simple yet complex premise: develop and deliver an intelligent safety platform for the maritime industry to prevent collisions. To date it has attracted attention and business globally, working with SeaSpan, NYK, MSC, Shell Shipping and Marubeni amongst others. Maritime Reporter TV recently caught up Orca AI CEO and co-founder Yarden Gross for insights on the reality today…
Biggest Chinese Antarctic Fleet Sets Off to Build Research Station
Two Chinese icebreaker research vessels and a cargo ship set sail on Wednesday for the Antarctic with more than 460 personnel on board to help complete construction of China's fifth station on the world's southernmost continent.China's biggest flotilla of research vessels deployed to the Antarctic will focus on building the station on the rocky, windswept Inexpressible Island near the Ross Sea, a deep…
Decarbonizing Shipping: DNV, AL Team Up for Onboard CCS Study
Classification society DNV has entered into a Joint Development Project (JDP) with AL Group and its Singapore company Asiatic Lloyd Maritime LLP to explore the feasibility of carbon capture and storage (CCS) on board AL’s 7,100TEU containership and Kamsarmax bulk carrier newbuildings.Under the JDP, DNV will cooperate with AL on a techno-economic study of CCS on board the vessels using DNV's FuelPath to assess the economic potential of the different fuel and technology strategies.
Wärtsilä Unveils New Ultra-Low Emissions Engine for Marine Industry
Finland-based marine engine maker Wärtsilä on Wednesday introduced a new ultra-low-emissions version of its Wärtsilä 31DF engine, which was first launched in 2015. According to Wärtsilä, while operating on LNG, this new version can further reduce methane emissions on a 50 percent load point by up to 56 percent and nitrogen oxide (NOx) by up to 86 percent.On a weighted average, this new technology can reduce methane emissions by 41 percent more than the standard Wärtsilä 31DF engine…
US Offshore Wind Writedowns Seen Soaring with Orsted Earnings
European energy companies, including Denmark's Orsted, will likely write down more of their U.S. offshore wind investments this week after BP and Equinor booked $840 million in impairments in recent days.Orsted, the world's largest offshore wind developer, said in August it may see impairments of 16 billion Danish crowns ($2.3 billion) on its U.S. offshore developments due to supply chain problems…
Grounded Cargo Ship Refloated in the Caribbean
A cargo ship that ran aground off St. Thomas in the U.S. Virgin Islands earlier this month has been refloated and towed to a safe mooring location at the Crown Bay Sandfill dock, the U.S. Coast Guard said.Vessel owners and salvors will now coordinate further operations to remove the damaged cargo, remaining oil and conduct further salvage or repair operations for the Bonnie G.The Vanuatu-flagged vessel began taking on water and ran aground on October 4…
Panama Canal to Slash Booking Slots Due to Drought
Daily ship crossings on the Panama Canal, one of the world's main maritime trade routes, will be further reduced over the coming months due to a severe drought, the authorities managing the canal said late on Monday.Booking slots will be cut to 25 per day between November 3 to November 6, the Panama Canal Authority (ACP) said in a shipping advisory, and will be gradually reduced further over the coming months to 18 per day beginning February 1…
