Yara and ACME Sign Ammonia Supply Agreement
Yara and GHC SAOC, a wholly owned subsidiary of India’s Acme Cleantech, have signed a binding agreement for the supply of ammonia with reduced CO2 emissions from Acme to Yara on a long-term basis.Both companies had previously signed a non-binding offtake Term Sheet and the current agreement concludes 18 months of negotiations during which the regulatory framework and certification regime have evolved significantly…
New Grid-Scale Offshore Wind-Solar Project Planned for Italy
SolarDuck, Green Arrow Capital and New Developments have agreed to collaborate on the development of a floating photovoltaic (PV) farm integrated with a floating offshore wind farm.The Corigliano offshore hybrid wind-solar farm will be located in the gulf of Taranto off the coast of Corigliano-Rossano in Calabria. The farm is planned to feature 28 floating wind turbines for a wind capacity of 420MW in addition to a 120MW PV farm for a combined 540MW of capacity.
Animal Welfare Groups Decry Bahijah Re-Export Decision
The Australian Alliance for Animals and the RSPCA have expressed dismay over the decision by Australia’s Department of Agriculture to allow the re-export of more than 15,000 sheep on board the Bahijah to the Middle East.Originally, 16,000 Australian sheep and cattle were onboard the Bahijah for over a month after the vessel departed from Australia and then turned back from the Middle East due to maritime security concerns in the Red Sea.
MAN Energy Solutions Opens Service Hub in Singapore
MAN Energy Solutions has opened its largest service hub outside of Europe, located in Tuas, Singapore.The EUR 20 million (S$30 million) investment will include a new MAN PrimeServ training academy for customers and employees, a logistics center to serve as the warehouse for Asia, and a PrimeServ workshop to provide maintenance and repair services, including for MAN Energy Solutions’ alternative-fuel engines.The facility has over 9…
Another Incident Reported Involving Abandoned Cargo Ship Rubymar
British maritime security firm Ambrey said on Friday it had received multiple reports of another incident involving the Rubymar cargo ship, and a number of Yemenis were reportedly harmed during the incident, which occurred on Feb. 29.The Rubymar, which was abandoned in the southern Red Sea after being targeted by Yemen's Houthis on Feb.
US Navy Accepts Delivery of Future USS Kingsville (LCS 36)
The U.S. Navy accepted delivery of the future USS Kingsville (LCS 36) at Austal USA’s shipyard in Mobile, Ala., March 1.Kingsville is the 18th Independence-variant Littoral Combat Ship (LCS) constructed, and is the first ship ever named after Kingsville, Texas.The LCS class comprises fast, optimally manned, mission-tailored surface combatants that can operate in both near-shore and open-ocean waters…
Havila Voyages Announces Leadership Appointments
Norway's Havila Voyages announced it has appointed Mette Øyen as its new chief marketing officer and Aleksander Røynesdal has started in the role of new chief financial officer.Røynesdal was hired in December but officially entered his new role March 1. He comes from the position of COO at Norgas Carriers and has extensive experience in the finance and capital markets within the shipping and maritime transport industry.Øyen is scheduled to start in her new role on September 1, 2024.
US Gulf Coast Fuel Oil Imports Hit Five-year Low
Imports of fuel oil bound for the U.S. Gulf Coast fell to a five-year low last month as refiners ran more cheap, heavy Canadian crude and geopolitical tensions in the Middle East pressured fuel oil flows.Fuel oil deliveries to the Gulf Coast dwindled in February to just 318,000 barrels per day (bpd), a 20% drop from the prior month and marking their lowest level since February 2019, data from tanker tracking firm…
LMG Marin Tapped to Support Eastern Pacific eSAIL Install
LMG Marin France reports it has secured an engineering contract with Eastern Pacific Shipping (EPS) for integration of bound4blue eSAILsEPS will install its first ever wind-assisted propulsion system, three 22-metrer eSAILs o,n board the 2019-built oil and chemical tanker Pacific Sentinel in Q4 this year. The expected net gains in term of consumption are 10% subject to routing.LMG Marin said it worked with EPS…
Babcock Tallies Contract to Refit UK Nuclear Submarine
Babcock International Group and the UK’s Submarine Delivery Agency (SDA) have agreed a full cost recovery contract worth an estimated £560 million to undertake the planned deep maintenance and life extension program for HMS Victorious, one of the UK’s Vanguard Class nuclear submarines.The multi-year life extension program will deliver HMS Victorious back to the Royal Navy modernized and improved, enabling it to continue operational patrols well into the 2030s.
Post-cyclone Dredging Underway in India's Port of Krishnapatnam
Dutch dredging contractor Van Oord reports it is carrying out dredging works in the Port of Krishnapatnam, India.The depth of the port channels must be restored after a severe cyclone Michaung caused siltation in the port area. The Port of Krishnapatnam, now owned by Adani Ports and Special Economic Zone Limited, selected Van Oord for the project.Van Oord said it is deploying trailing suction hopper dredger HAM 318 to dredge the navigation channel of the port to the required depth…
Venezuela Oil Exports Rising, but Shipping Delays Persist
Venezuela's oil exports slightly increased in February to some 670,000 barrels per day (bpd), but ongoing shipping delays worsened a bottleneck of tankers waiting to load, according to documents and vessel monitoring data.State-run oil firm PDVSA's customers have rushed to send tankers to Venezuela in recent months to pick up crude and fuel before the United States potentially reimposes oil sanctions.Restrictions could resume on April 18 when an existing license expires, the U.S.
Cochin Shipyard Cuts First Steel for SAMSKIP's Zero-emission Containership
Indian shipbuilder Cochin Shipyard has cut first steel for the first vessel in Samskip's new series of zero-emission, autonomous ready shortsea containerships.The first of two contracted vessels, Samskip SeaShuttle, will also be among the world's first zero-emissions short sea container vessels fueled by green hydrogen.The 135-meter-long containerships were ordered by marine robotics specialist Ocean…
Only Grain Ships from Black Sea and for Iran Still Crossing Red Sea
Grain ships originating from the Black Sea or bound for Iran are about the only ones still sailing through the Red Sea as Houthi militants continue to attack vessels in the area, analysts said on Friday.The attacks by the Iran-aligned Houthis have disrupted global shipping since November and forced firms to re-route to longer and more expensive journeys around southern Africa."Just about all (dry bulk grain) vessels going from the Americas and western Europe are avoiding the Red Sea…
US Offshore Wind: Down but Not Out
“The winds of change are blowing wild and free.” – Bob DylanIn the U.S. offshore wind industry, developments over recent months have placed an exclamation point on the word “wild”. Yes, the wind still blows “free”, but mounting challenges have proven that harnessing its power offshore is anything but. In fact, far from it, as rising materials costs, high interest rates, labor shortages and supply chain delays…
Norway's Oil Industry Resumes Helicopter Flights After Deadly Crash
Norwegian oil companies resumed helicopter flights to offshore oil and gas fields on Friday following Wednesday's deadly crash off the country's west coast, operator Equinor and airports said on Friday.On Thursday helicopter traffic was halted to oil and gas platforms following the crash in which one person died and five were injured. Norway said it was considering grounding Sikorsky's S-92A aircraft…
Ukraine Expands Ship War Insurance with Marsh & Lloyd's to Iron Ore, Steel
Insurance broker Marsh and Lloyd's of London underwriters have expanded a marine war insurance program backed by Ukraine from grain shipments to all non-military cargo, such as iron ore and steel, Marsh said on Friday.Marsh, Lloyd's and Ukrainian state banks launched an initial program in November to cut the cost of claims for damage to ships and crew transporting grain through the Black Sea corridor…
Green(er) Rigs Put Stena Drilling at Forefront of O&G Decarb Push
As the offshore oil and gas industry transitions to more sustainable practices, drilling rig operators are faced with demands to implement greenhouse gas (GHG) abatement measures as part of their workload. Being the owner of the first ever drillship that secured DNV’s Abate(P) notation, Scotland-based offshore drilling contractor Stena Drilling discusses everything the company is doing to make its…
New US Sanctions More Likely to Curb Indian Imports of Russian Coal
New U.S. sanctions on Moscow are more likely than previous ones to cut Indian imports of thermal coal from Russia because they specifically cite top exporters SUEK and Mechel, three major traders of Russian coal said.Russia, historically a minor exporter of the fuel to India, began boosting shipments to the south Asian country after Western sanctions against Moscow over its invasion of Ukraine.The latest U.S.
Rotterdam World Gateway to Provide Shore Power at All Berths
Rotterdam World Gateway (RWG) container terminal will equip its entire quayside with shore-based power for all vessels, slashing emissions of particulates, nitrogen and CO2 while at berth.RWG, which is already fully automated and CO2 neutral, is opting to design, finance and build the shore-based power systems itself.The first berths are expected to be equipped with shore-based power from 2026 onward…
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