HHI-EMD to Deliver Methanol Engines for Evergreen Newbuilds
HD Hyundai Heavy Industries Engine & Machinery (HHI-EMD) has signed a contract with China Huangpu Wenchong Shipbuilding Company and Taiwan’s Evergreen Line to supply 18 methanol dual-fuel HiMSEN engines (7H22CDF-LM) for six 2,400 TEU container ships.HHI-EMD has successfully introduced the eco-friendly methanol HiMSEN engine H32DF-LM (3,000~4,500kW) for ultra-large container ships, with a total of 352 engines ordered and manufactured to date.Following this…
AI Assistant Scans Data Streams and Social Media to Identify Maritime Risks
Maritime AI company Windward has launched Early Detection, an AI-based solution that identifies anomalies that could impact maritime operations.Early Detection analyzes vast amounts of maritime data to spot irregular activities, thus enabling organizations to passively uncover anomalies or new trends automatically with no required user input. The capability alerts stakeholders to global events that would otherwise remain hidden…
Royal Caribbean Boosts Annual Profit Forecast
Royal Caribbean lifted its annual profit forecast on Tuesday for the fourth time this year, driven by strong demand at higher prices for its voyages to private destinations, as well as its European and Alaskan vacations.Cruise operators have signaled that revenge travel - which boosted bookings following the pandemic lockdowns - has now been replaced by a growing shift among travelers to seek sea-based vacations.The company's shares rose about 1.3% in choppy morning trade…
US Awards Nearly $3 Billion for Clean Port Projects
U.S. President Joe Biden on Tuesday announced a $3 billion investment from his Inflation Reduction Act to improve the country's port infrastructure.The investment includes $147 million in awards for the Maryland Port Administration, which owns the Port of Baltimore, the White House said in a statement.The funding will be used to create union jobs and upgrade port infrastructure to cleaner equipment, the statement added.The announcement comes after the three day port strike on the U.S.
Cruise Operators Reap Benefits of Their Own Private Islands
Major cruise operators are steering their ships - and millions of dollars in investments - into their own private destinations packed with excursions, beaches, bars and restaurants.The phenomenon appears to have started with Royal Caribbean Group, which in 2019 opened "Perfect Day at CocoCay," an amusement park-like private destination in The Bahamas that has caught the eye of Wall Street.By operating their own private destinations on small Caribbean islands…
AYK Energy to Supply Batteries for Mureloil's New Diesel Electric Tanker
Marine battery manufacturer AYK Energy reports it has secured a contract to build a new 4,200 KWh battery for Spanish ship owner Mureloil. The agreement will see AYK’s Aries + battery supplied on a new 7999 DWT diesel-electric product tanker being built for Mureloil at Astilleros Murueta shipyard near Bilbao.AYK founder Chris Kruger said the vessel will be able to operate on zero emission battery power…
US Gulf of Maine Offshore Wind Auction Draws Just $22 Million in Bids
A Biden administration auction of offshore wind development rights in the Gulf of Maine drew $21.9 million in high bids for half of the eight areas offered, the U.S. Bureau of Ocean Energy Management said on Tuesday.Offshore wind developers Avangrid AGR.N and Invenergy each walked away with two leases following one round of bidding. They were among 14 companies that had been qualified to bid at the sale.Once developed…
GIT Coatings Earns 'Industry-first' LR Type Approval
Lloyd’s Register (LR) has granted the maritime industry’s first Enhanced Antifouling Type Approval to GIT Coatings.This new approval establishes a benchmark for antifouling coatings, responding to the increasing demand for effective biofouling management. Such advancements are crucial for decarbonization initiatives and for the protection of marine ecosystems.As the first classification society to offer this service…
Underwater Radiated Noise and Ocean Health
The maritime industry's push toward decarbonization brings an unexpected benefit: the reduction of underwater radiated noise (URN). While the sector focuses intensively on emissions reduction and fuel efficiency, these same measures are quietly contributing to a healthier acoustic environment in our oceans. For ship owners and operators already investing in green technologies, addressing URN can be a natural extension of existing environmental initiatives…
Did You Know? Ransomware Still Primary Threat to Maritime Targets
Ransomware remained one of the primary threats to maritime targets in the first half of 2024, as it significantly disrupts operations and causes considerable economic damage, according to the to the report from Marlink’s Security Operations Center (SOC) on cyber security threats.Attacks have paralyzed critical systems, delayed shipments, and compromised logistics, resulting in operational downtime and costly ransom demands.
BAE Systems Ship Repair Begins Making Submarine Components
BAE Systems won a contract by General Dynamics Electric Boat for deck module fabrication in support of U.S. Navy submarine programs. The contract between the companies will cover the production and shipment of structural steel components for both Columbia- and Virginia-class submarines from BAE Systems’ facility in Jacksonville, Florida.BAE Systems currently provides support to the U.S. Navy Submarine Industrial Base through various business operations…
MacGregor Launches Digital Carbon Calculator
MacGregor, part of Cargotec, launched a new free digital Carbon Calculator to help container shipping companies estimate the carbon dioxide emissions they can eliminate by upgrading their onboard container cargo system with MacGregor Cargo Boost.By maximizing container-carrying capacity on board existing ships, the Cargo Boost solution has been shown to increase average cargo system utilization from conventional rates of 80% to 90%, or even 100%.
Houthis Target Three Ships in Red Sea and Arabian Sea
Yemen's Houthis said on Monday that they targeted three ships in the Red Sea and Arabian Sea, attacks they called part of their efforts to enforce a naval blockade on Israel.Houthi military spokesperson Yahya Sarea said in a televised address the vessels were targeted for attempting to approach ports bound for Israel.According to the latest data from LSEG, all three targeted vessels were Liberia-registered.One of the vessels…
Comms Failure Costs Shipbroker $380,000
An arbitration dispute highlighted in the latest Claims Review by International Transport Intermediaries Club (ITIC) has concluded with a shipbroker settling a $380,000 claim. Accused of breach of contract and negligence for not disclosing critical navigation restrictions to charterers, the case underscores the paramount importance of transparent communication and due diligence in the shipbroking industry.The…
Schottel Propulsion for Four New Saltchuk Escort Tugs
Schottel won an order to supply azimuthing thrusters for four new escort tugs for Seattle-based Saltchuk Marine, the beginning of the renewal of the Saltchuk fleet for operations on the US West Coast, Hawaii, and Alaska.To be built by Eastern Shipbuilding, the vessels are a RApport 2600 design by Canadian naval architect Robert Allan and will measure 25.6 x 12.8m with a 5.5-m draft. Accommodation will be provided for eight persons…
ABL Teams Up with Tech Start-Up for Maritime Decarbonization
Energy and marine consultancy ABL has signed a partnership agreement with technology start-up Satva Trust to provide its maritime domain expertise to further develop Satva Trust’s data analytics platform aimed at vessels decarbonization.Satva Trust is a climate data tech and fintech company that leverages blockchain, artificial intelligence/machine learning technologies to accurately predict vessel emissions.
LNG Carrier with Nuclear Propulsion Offers Faster Zero-Emission Transits, ABS Finds
American Bureau of Shipping (ABS) has released its latest report into the potential of advanced nuclear technology for maritime applications, concluding the technology installed on LNG carrier would enable faster transit speeds with zero-emission operations.ABS conducted a study of a small modular reactor on a standard liquefied natural gas (LNG) carrier.The transformational impact of a high-temperature…
