CMA CGM seeks 2025 Singapore biofuel bunker supply
French shipping major CMA CGM is seeking marine biofuel for term delivery in Singapore, the world's largest bunker hub, between January and December 2025, according…
Daniel Winter named President of Danfoss Power Solutions
Danfoss today announced that Daniel Winter has been named president of Danfoss Power Solutions. He succeeds Eric Alström who, after 12 years with Danfoss, has decided to seek new challenges outside the company.Daniel Winter will join the Danfoss Group Executive Team and take over as President of Danfoss Power Solutions on January 1, 2025. He is well-prepared for the new role and has extensive experience within the company.
Weaving the Basket of Solutions
This week at MarineLink…Two reports released this week, one on the upscaling of green hydrogen production, the other on upscaling CCUS, both point to a lack of government initiatives as hindering investment. Without the establishment of regulations and multi-lateral frameworks, big projects are floundering.DNV’s latest Maritime Forecast to 2050 estimates that shipping’s demand for carbon-neutral fuels…
Financiers Report Better Alignment with Net Zero Goals
The Poseidon Principles, which represents nearly 80% of global ship finance, has published its fifth Annual Disclosure Report, showing progress towards decarbonised shipping.Continued growth of climate transparency from financial institutions shows that the global finance portfolio for shipping has moved closer to alignment with ambitious decarbonisation trajectories set by the IMO, aiming to remove…
Furetank Appoints First Female Chief Engineer
When the newbuilt tanker vessel Fure Vyl leaves the shipyard, Ailene Barrios heads the technical department on board. She is one of very few Filipino women in the business who have advanced to be a Chief Engineer.Furetank hopes that more will follow.Barrios started working with Furetank 16 years ago after finishing her studies and has been continuously promoted as she has obtained her licenses.“Furetank has always supported me to do my best.
Taiwan Signals Likely End to Latest Chinese Drills
Taiwan's defense ministry on Thursday closed an emergency response center opened earlier this week in response to what it said were stepped up Chinese military activities nearby…
Panamanian-flag Tanker Rescues 73 in Dramatic Ops
The Panamanian-flagged tanker Nestos (IMO 9417464) played a pivotal role in a search and rescue mission, coordinated with the Greek Coast Guard, to save a distressed vessel.As reported by the Designated Person Ashore (DPA), the Nestos responded immediately to the call from Greek authorities, exemplifying exceptional readiness and unwavering commitment to maritime safety.Through the swift and skilled actions of its crew, 73 individuals were successfully rescued.
Update on Insolvency of FSG-Nobiskrug Shipyard
Salaries of the 500 employees are secured by insolvency money; discussions planned with clients for shipbuilding projects already underway. The Provisional insolvency administrators want to jointly develop restructuring solutions.The Flensburg and Neumünster district courts have initiated insolvency proceedings for four companies in the Schleswig-Holstein shipyard group FSG-Nobiskrug. The companies affected are FSG-Nobiskrug Holding GmbH…
A Busy Eight Months for EU's First Electric Tug
BB ELECTRA, the first fully electric powered tugboat to operate in Europe, has been extremely busy since arriving in Norway on April 8, 2024, to start working for environmentally-friendly operator Buksér og Berging.Built by Sanmar Shipyards in Turkiye to the exclusive to Sanmar ElectRA 2200SX design from Canadian naval architects Robert Allan Ltd, this game-changing tug has already completed 81 towage operations during 835 running hours.Part of a project unveiled in 2021…
Anemoi names Clare Urmston as new CEO
Anemoi Marine Technologies has today announced that Clare Urmston has been appointed as the company’s new Chief Executive Officer (CEO).After holding a number of executive and non-executive positions within the manufacturing, healthcare and fast-moving consumer goods sectors, Clare Urmston joined Anemoi in March 2020 as its Chief Financial Officer and, in May 2024, became Chief Operating Officer as…
BIMCO's Shipping Number of the Week
Dry bulk contracting falls 70% below average amid low rates.“Over the past three months, dry bulk newbuilding contracting has been 70% below the yearly average.
Launch, Naming Ceremony at Seaspan for HMCS Protecteur
Seaspan Shipyards, Canada’s long-term, strategic shipbuilding partner for large, complex vessels under Canada’s National Shipbuilding Strategy, and the Royal Canadian…
Panama Canal Battles Ongoing Drought
The lush river valleys of El Zaino y La Arenosa in western Panama, home to hundreds of families that eke out a living farming, fishing and raising cattle, could…
Singapore's MPA looks to scale up LNG bunkers
The Maritime and Port Authority of Singapore (MPA) has launched an expression of interest (EOI) to gather proposals for scaling up liquefied natural gas (LNG) for bunkering or ship refueling…
BOEM Advances Leasing for GoM Offshore Wind Energy
The Bureau of Ocean Energy Management (BOEM) announced today that it is issuing a Determination of Competitive Interest in two Wind Energy Areas (WEAs) in the Gulf of Mexico.
Woodside’s North West Shelf Project Gets Australian Gov’s Approval
The Western Australian Government has issued an environmental approval to Woodside and the North West Shelf joint venture for extension of the project.After six years of assessment and appeals, this is a critical step in the approvals process to underpin the ongoing operation of the North West Shelf Project so it can continue to deliver a reliable supply of energy locally and globally.The State’s decision recommences the Federal environmental approvals process…
Beacon Offshore Hires Subsea7 for US Gulf of Mexico Deepwater Job
Texas-based exploration and production company Beacon Offshore Energy has awarded a contract to Subsea7 for the work on Monument development in the U.S. Gulf of Mexico.The project involves the installation of a high-pressure 27-kilometre subsea tieback to the Shenandoah Floating Production System (FPS), located in Walker Ridge Block 316 at water depths reaching up to 2,000 meters.Subsea7's scope of work includes the engineering…
Seaway7 Secures More Work at Dogger Bank Offshore Wind Farm
Dogger Bank Offshore Wind Farm, a joint venture partnership between SSE Renewables, Equinor, and Vårgrønn, has signed a vessel reservation agreement with Seaway7 to support the construction of the offshore wind farm being built in the U.K. North Sea.The contract represents additional work for Seaway7 at the Dogger Bank offshore wind development, where it is currently installing monopile foundations and transition pieces.The value of the agreement is between $150 million and $300 million…
Rongsheng Heavy Industries Restarts Business
The once bankrupt Chinese shipbuilder Rongsheng Heavy Industries has restarted business under the new name of Jiangsu New Rongsheng Heavy Industry.Rongsheng was previously the largest private shipbuilding company in China, and it owned four large docks, eight outfitting quays and two material quays. Its last vessel was delivered in 2017.Now, local media are reporting the yard has secured orders for eight dual-fuel LNG 11…
Incat Crowther to Design All-Electric Cargo Vessel
Global digital shipbuilder Incat Crowther has been commissioned to design an ultra-efficient, all-electric light cargo transfer vessel for Singapore’s marinEV, a business of Yinson GreenTech. The vessel, Hydromover 2.0, will transport light cargo such as stores, food and maintenance items to vessels anchored in the Singapore Strait, waiting to dock at the Port of Singapore. Hydromover 2.0 builds on…
