NYK and Yusen Logistics Introduce Platform to Manage GHG Emissions Reductions
NYK and Yusen Logistics (YL) have introduced a digital platform for managing GHG emission reductions.The platform is provided by 123Carbon, a Netherlands-based startup working on decarbonizing the logistics sector.NYK and YL will use the platform to support the reduction of Scope 3 GHG emissions by allocating to platform customers the GHG emissions reductions achieved from the use of alternative fuels in our ocean…
NYK Makes Carbon Credits Deal Involving Direct Air Capture
NYK has signed a deal with ENEOS that will see it purchase marine fuel with CO2 removal credits created through direct air capture with carbon storage.ENEOS will procure the credits from 1PointFive’s STRATOS Direct Air Capture plant in Texas which is scheduled to commence operations in 2025. The credits are generated by removing CO2 from the atmosphere and storing it underground.ENEOS will then sell these credits…
Wärtsilä to power world’s largest methanol-ready cement carrier
Technology group Wärtsilä’s focus on supporting the marine industry’s efforts to decarbonize operations continues to drive concrete steps forward.The latest order is to supply a complete propulsion package for a 38,000 DWT methanol-ready cement carrier vessel. When built, this will be the world’s largest vessel of its type, and the first with a methanol-ready notation. The order has been placed by NovaAlgoma…
Hornblower/Statue City Cruises selects Corvus Energy ESS
Corvus Energy has been selected as the supplier of Energy Storage Systems (ESS) for Statue City Cruises’ ferries servicing the iconic Statue of Liberty and Ellis Island routes in New York Harbor.Corvus Energy ESS will be integrated aboard Statue City Cruises’ current fleet of nine ferries and will reduce fuel consumption and emissions along the New York/New Jersey waterfront.Since 2008, Statue City Cruises…
PODCAST: FMD & the Building of a Defense Juggernaut
You would be hard pressed to find a corporate leader more passionate about the company they lead; more dedicated to the customer they serve. In this case it’s George Whittier, CEO, Fairbanks Morse Defense and the U.S. Navy. Upon his return less than five years ago, Whittier has driven FMD towards the top of the U.S. Navy supply heap, with a string of strategic acquisitions. Whittier discusses with Maritime Matters: The Marinelink Podcast…
ESG Cuts Steel for Saltchuck Escort Tugs
Eastern Shipbuilding Group (ESG) reached an exciting milestone today, initiating steel cutting for the first of four advanced escort tugs for Saltchuk Marine at its Allanton Facility. Attending the ceremony were key members of Saltchuk's leadership team. These high-performance vessels are scheduled for delivery in 2026."Our team is excited to begin construction on these state-of-the-art escort tugs for Saltchuk," said Joey D’Isernia, Chairman and CEO of Eastern Shipbuilding Group, Inc.
Laino named VPS MD for the Americas
VPS appointed Steve Laino to the role of Managing Director -Americas. Most recently, Laino was Global Head of Environmental Solutions with Poten & Partners/BGC. He has a strong background in shipping, having graduated fromthe US Merchant Marine Academy at Kings Point, sailing as an officer in the US Merchant Marine as well as serving as Lieutenant Commander in the US Naval Reserve.
Kazakos named ICS Secretary General
At a special meeting of the board, held on-line, the International Chamber of Shipping (ICS) have unanimously appointed Thomas A. Kazakos asits next Secretary General.
Trump Tariff Threat Lifts US Ocean Imports
When U.S. presidential candidate Donald Trump started talking about new import tariffs on the campaign trail, Danny Reynolds checked the tags on wedding dresses…
Broad Sector Declines puts Baltic Index at 17-month low
The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Wednesday, hitting its lowest level in nearly 17 months…
Ulstein Verft Commences outfitting for CSOV
The hull of the first TWIN X-STERN Commissioning Service Operation Vessel (CSOV) for BS Offshore arrived Ulstein Verft on 18 December 2024. This milestone marks the start-up of the outfitting for Yard Number 320 at Ulstein Verft.Ulstein Verft welcomed BS Offshore back at the shipyard. This will be their first ULSTEIN SX222 CSOV. The hull arrival marks a significant milestone in constructing this state-of-the-art vessel, designed to support the growing offshore wind industry.
Damen-Built Shoalbuster Joins Caspian Offshore’s Fleet
Damen Shipyards Group has delivered a Shoalbuster (SBu) 3209 to Caspian Offshore Construction, which will be put to work in support of dredging projects in the Persian Gulf.The vessel, named Caspian Lotus, joins the company’s fleet of over 50 vessels and barges.It features shallow draught of just 3.3 metres, 80 m2 of deck space, ample crane capacity and powerful propulsion.Caspian Offshore Construction is a long-term client of Damen.
Windward Offshore Lines Up Key Suppliers for New CSOV Fleet
With four commissioning service operation vessels (CSOVs) currently under construction, German shipowner Windward Offshore has formed strategic partnerships with major industry suppliers such as Ampelmann, MAN Energy Solutions, and others, to ensure safe and high-quality delivery of the vessels.The CSOVS, two being built in Norway and two in Vietnam, are part of the contracts Windward Offshore signed with Vard for the design and construction of two hybrid CSOVs…
Bureau Veritas, SHI Partner Up for Floating Storage and CCS Solutions
Bureau Veritas Marine & Offshore (BV) and Samsung Heavy Industries (SHI) have partnered up to develop Floating CO2 Storage Units (FCSU) and Carbon Capture and Storage (CCS) projects in the Republic of Korea in an effort to cut greenhouse gas emissions.The collaboration will center on validating and certifying cutting-edge CCS technologies that are cost-effective and sustainable.By blending BV's certification expertise with SHI's innovative technology…
DNV Issues Guidance for Safe Use of Methanol and Ammonia as Marine Fuels
DNV has released a competence standard (ST) for methanol and a recommended practice (RP) for ammonia, to enable crew and shipowners to tackle the safety risks and challenges posed by the introduction of new alternative fuels and technologies through shipping’s decarbonization.While new fuels and technologies are key to achieving maritime decarbonization, their adoption necessitates robust safety and competence frameworks.According to DNV’s Alternative Fuels Insights platform…
MHI Appoints New CEO
Mitsubishi Heavy Industries (MHI) has made executive-level personnel changes, appointing Eisaku Ito as its new President and Chief Executive Officer (CEO).Ito, which currently serves as Chief Technology Officer (CTO) at MHI, will take on the new role on April 1, 2025.He succeeds Seiji Izumisawa, who will take on the role of Chairman of the Board after six years as MHI's top executive."The reforms enacted by Izumizawa have further advanced MHI Group's position as a global company.
DP World Starts Construction of New $1.2B Port in Senegal
The arrival of the dredger Willem Van Rubroeck in Ndayane has marked the start of maritime works for the $1.2 billion Port of Ndayane, a project led by Dubai-owned ports and logistics firm DP World, which aims to transform Senegal into a major center for global trade.The vessel will dredge a 5 km-long shipping channel - an essential step in building this high-capacity port designed to elevate Senegal’s…
Floating LNG Conversion Job Slips Out of Seatrium’s Hands
Golar LNG has decided to call off the floating liquefied natural gas (FLNG) vessel conversion job with Seatrium, following the sale of a Moss type liquefied natural gas (LNG) carrier Golar Gandria for demolition.The first two floating liquefaction vessels delivered by Seatrium to Golar LNG are Hilli Episeyo deployed in the Kribi gas field located offshore Cameroon, and Golar Gimi FLNG deployed in the…
