Positive Volumes for Dry Bulk Trade, but Prospects Set to Dampen
The unwinding of supply chain inefficiencies and rising vessel orders are set to dampen positive deadweight demand in the dry bulk market, according to Maritime Strategies International (MSI).COVID-related supply chain inefficiencies and associated port congestion have almost fully unwound and while the MSI outlook on the prospects for trade volumes this year is considered positive, growth in actual…
Portugal and Norway Team Up on Floating Offshore Wind
The Portuguese cluster Forum Oceano and Norwegian Offshore Wind have signed a Memorandum of Understanding (MoU) to strengthen collaboration between the supply chains in the two countries.The MoU aims to lay the ground work for new contracts between companies from the two countries.The agreement was signed at a reception this week, during a visit to Portugal organized by Norwegian Offshore Wind and…
Japanese Yard Orders 16 HiMSEN Methanol Engines
HD Hyundai Heavy Industries - Engine & Machinery has announced that it recently signed a contract for 16 sets of HiMSEN methanol dual-fuel engines (8H32DF-LM) and selective catalytic reduction systems with Tsuneishi Shipbuilding in Japan.The engines are for four vessels which will be built at the Tsuneishi Zhoushan Shipyard in China, and the engines will be delivered to the shipyard starting in January 2025.Earlier this year…
Tanker Involved in US Seizure of Iran Oil Cargo Changes Name
An oil tanker confiscated by the United States for carrying Iranian oil and diverted to the U.S. Gulf Coast, was headed to the Bahamas on Wednesday under a new name…
All American Marine Delivers Research Vessel for the University of Hawai’i at Mānoa
Bellingham, Wash. shipbuilder All American Marine (AAM) announced it has delivered a new research vessel for the University of Hawai’i at Mānoa on behalf of the Hawai’i Institute of Marine Biology (HIMB).The state-of-the-art research vessel, Imua, is a 68.5’ x 25’ semi-displacement aluminum catamaran hull that was developed by Nic de Waal of Teknicraft Design in Auckland, New Zealand. The vessel contains…
Remote Operations: Challenges & Opportunities
Digitalization in the maritime industry continues to grow. Technology is constantly evolving, providing organizations with new ways to transform and manage their operations with adoption of technology creating first-mover advantage and future relevancy, and positivity impacting margins. The offshore services industry has been a major driver in the trend towards utilization of remote inspection and monitoring technology for Inspection…
Maritime Propulsion: The NSMV Power Play
The quest to build a series of five National Security Multi-Mission Vessels (NSMVs), which will serve as training ships for five U.S. maritime academies, has drawn a broad cadre of suppliers. The powerplant was a main focus, helping to evolve the schools from steam power plants to a modern propulsion package.NSMVs being built for the maritime academies is widely lauded as a ‘win’ for U.S. shipbuilding, an example of commercial shipbuilding practices applied to a government shipbuilding project.
Radix Wins $11.5M Contract from Petrobras
Petrobras awarded Radix a contract to develop projects for floating production, storage, and offloading vessels (FPSOs). The agreement will last 31 months, with services estimated at $11.5 million.
Svitzer Promotes Hellstrom to Chief Commercial Officer
A.P. Moller-Maersk's towage arm Svitzer announced it has appointed Mattias Hellstrom as its new global chief commercial officer (CCO), effective from October 1.Hellstrom makes the move to Svitzer’s global business after three years as CCO of Svitzer Europe, and replaces outgoing Global CCO Videlina Georgieva, who was recently appointed managing director of Svitzer Australia.Prior to his role as CCO of Svitzer Europe, Hellstrom was managing director of Svitzer Scandinavia for nearly seven years.
Swedish Prosecutor Hopes to Conclude Nord Stream Enquiry by Year-end
The Swedish investigation into the sabotage last year of the Nord Stream pipelines is at a sensitive stage and the prosecutor hopes to decide whether to bring any charges before the end of this year, he told Reuters on Wednesday.In September 2022, several unexplained underwater explosions ruptured the Nord Stream 1 and newly-built Nord Stream 2 pipelines that link Russia and Germany across the Baltic Sea.The blasts occurred in the economic zones of Sweden and Denmark…
VIDEO: Cargo Ship Crew Evacuated after Explosion Near Romanian Danube Port
The crew of a Togo-flagged general cargo ship bound for one of Ukraine's Danube river ports was evacuated early on Wednesday after an explosion on board near the Romanian port of Sulina, Romanian officials said.The Seama ship reported an explosion early on Wednesday and requested the evacuation of the 12-person crew near Sulina, where the Danube flows into the Black Sea."At the moment the causes ...
MacGregor to Supply 40 Cargo Cranes for 10 Asia-built Vessels
Dech machinery specialist MacGregor, part of Cargotec, said Wednesday it had received a significant, more than EUR 25 million order for general cargo cranes for ten 84,500 dwt multipurpose vessels built in Asia.The order includes a total of 40 cranes with a lifting capacity of 75 tons. The cranes are scheduled to be delivered between the fourth quarter of 2024 and the first quarter of 2026.The company did not say who the client was.
Enauta Starts Anchoring Campaign for FPSO Atlanta
Brazilian oil and gas company Enauta, the operator of the Atlanta field in Santos Basin. offshore Brazil, has started the anchoring campaign for the FPSO Atlanta, which is expected to start production in 2024.This marks the start of installation works on what is called Atlanta’s Phase I, which will bring a larger capacity FPSO to the field that has so far been producing oil via the Petrojarl I FPSO."[The…
Crowley and BWXT Working on Nuclear Power Generation Ships for Defense and Disaster Needs
Shipping and energy supply chain firm Crowley has teamed with nuclear power specialist BWX Technologies through a memorandum of understanding for a ship concept that, the companies say, has the potential to generate alternative, zero-carbon emission energy for defense and disaster needs by including a microreactor on board.The two U.S.-based companies will jointly pursue and develop opportunities relative to the design…
WinGD and KSS Line Collaborate on Dual-Fuel Ammonia Engines for Gas Carriers
Swiss marine power company WinGD has signed a memorandum of understanding with KSS Line to explore X-DF-A engines for future newbuild projects. The companies will focus on 52cm- and 62cm-bore versions of the dual-fuel ammonia engines, suitable for midsize and very large gas carriers (VLGC). The scope of the cooperation will extend beyond engine technology, also focusing on the performance and maintenance solutions necessary for using alternative fuel.
Byrne to Spearhead Equinor's US Offshore Wind Operations
Norwegian energy industry giant Equinor has appointed of Samuel Byrne as Vice President of Operations at Equinor Renewables Americas to lead Equinor's offshore wind operations in the U.S.Bryne most recently served as Vice President responsible for Operations & Maintenance at maker Vestas Wind Systems in Asia-Pacific for both onshore and offshore wind farms, as well as solar and battery storage sites.
German Mukran Floating LNG Terminal Seen Ready by First Quarter - Gascade Head
A new floating reception terminal for liquefied natural gas (LNG) off the German Baltic Coast should be operational from the first quarter of 2024, gas pipeline operator Gascade, which is building its onshore connection, said on Wednesday.Located off Mukran on the Baltic Sea island of Ruegen, the terminal will host two floating storage and reception units (FSRUs) for LNG deliveries into the German mainland and for exports to eastern European neighbours…
Cargo Vessel Leaves Ukraine's Chornomorsk after Loading Grain - Deputy PM
A cargo vessel carrying grain has left the Ukrainian Black Sea port of Chornomorsk for the first time since a grain deal collapsed, a top government official said on Tuesday…
ATSB: Fatal Pilot Ladder Accident Has Enduring Lessons
Managers of the two vessels involved in a fatal crew transfer accident off Brisbane, Australia, had not ensured personnel had a common and complete understanding of how the transfer would be conducted, an Australian Transport Safety Bureau (ATSB) investigation has concluded.On 9 August 2021, crew were being transferred to and from the bulk carrier Formosabulk Clement via the launch boat PT Transporter in the Port of Brisbane anchorage…
Brazil's Navy Seizes Record Amount of Cocaine
The Brazilian Navy said on Tuesday it had seized 3.6 metric tons of cocaine on a boat off the coast of northeastern Pernambuco state, in the largest single off-shore capture of the drug by Brazil.In a statement, the Navy said it had captured a small motor boat used for transporting people and cargo along the coast with five crew members heading to Africa.
