Russia's Arctic LNG 2 Last Line is on Hold
![Source: TotalEnergies](https://images.marinelink.com/images/maritime/w100h1500/source-totalenergies-147560.png)
The third and the last train of the Arctic LNG 2 project in Russia has been put on hold but the second train is likely to be installed, the head of stakeholder TotalEnergies' said.The liquefied natural gas (LNG) project in the Russian Arctic has faced challenges from U.S. sanctions imposed on the project last November over the conflict in Ukraine, and subsequent force majeures by shareholders.At the end of 2023 Arctic LNG 2 started tentative production at its first trainā¦
Maersk Warns Oversupply to Hit Profits
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Maersk warned on Thursday that container shipping overcapacity would hit profits more than expected this year and that it didn't see a major boost from the jump in freight rates due to Red Sea disruptions, hammering its shares.The warning, which also led the Danish shipping giant to suspend its share buyback programme, is in stark contrast with investors' recent optimism about the sector.Containerā¦
Lithuania Probes Baltic Sea Oil Spill
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Lithuania said on Thursday it had been informed by a subsidiary of Polish oil refiner Orlen PKN of an oil spill in the country's waters in the Baltic Sea and had launched a probe into the incident.Lithuania's Environmental Protection Department said in a statement the subsidiary, Orlen Lietuva, had informed it on Wednesday of a 300-litre spill near the Butinge oil import terminal in connection withā¦
Great Lakes Iron Ore Trade Up 12.4% in January
![(Photo: LCA)](https://images.marinelink.com/images/maritime/w100h1500/photo-lca-147553.jpg)
Iron ore shipments transported by U.S.-flag vessels on the Great Lakes totaled 2.8 million tons in January, an increase of 12.4% compared to 2023, according to latest data published by trade group the Lake Carriersā Association (LCA)Loadings were also above the monthās 5-year average by 24.4%, LCA said.(Source: Lake Carriersā Association)
Littoral Combat Ship USS Kingsville Complete Acceptance Trials
![(Photo: Austal USA)](https://images.marinelink.com/images/maritime/w100h1500/photo-austal-usa-147555.jpg.jfif)
Last week, on January 31, the future USS Kingsville (LCS 36) returned pier side after successfully completing acceptance trials in the Gulf of Mexico for the U.S. Navy, Mobile, Ala. shipbuilder Austal USA announced.During acceptance trials, comprehensive testing is conducted on the shipās major systems and equipment in order to demonstrate their successful operation and mission readiness. The U.S.
Pilot Miscue Caused Barging Collision on the Mississippi River -NTSB
![Hopper barge IN065432 (left) from the Carol McManus tow, and tank barge
FMT1052 (right) from the Big D tow, post-casualty. (Source: Ingram Barge Company, courtesy NTSB)](https://images.marinelink.com/images/maritime/w100h1500/hopper-barge-in065432-left-from-147554.jpg)
A towing vessel pilot incorrectly recalling the agreed-upon passing arrangement led to tows colliding last year in the Mississippi River, the National Transportation Safety Board (NTSB) said Thursday.According to the Inland Navigation Rules, when two vessels are meeting or crossing, each vessel shall signal its maneuvering intentions by using the vesselās whistle or VHF radio. About 20 minutes before the 19-barge Big D tow and 42-barge Carol McManus tow met at the bend near Fort Adamsā¦
Amogy Issued Feasibility Statement by Lloydās Register
![(Photo: Amogy)](https://images.marinelink.com/images/maritime/w100h1500/photo-amogy-147549.jpg.jfif)
Ammonia power solutions company Amogy informs it has been awarded a feasibility statement by classification society Lloydās Register (LR).Amogy has developed an ammonia-to-electrical power system that splits, or ācracks,ā liquid ammonia into its base elements of hydrogen and nitrogen, which then funnels the hydrogen into a fuel cell, generating power at five times the energy density of lithium batteries.Theā¦
Insights: Blake Powell, JMS Naval Architects
![Blake Powell, President, JMS Naval Architects (Photo: JMS Naval Architects)](https://images.marinelink.com/images/maritime/w100h1500/blake-powell-president-jms-naval-147552.jpg)
Blake Powell, president at JMS Naval Architects, discusses his career, company and latest trends in naval architecture and marine engineering.Please give a brief professional bio, including education, experience and overview of current duties as president of JMS Naval Architects.I earned my degree in Naval Architecture from the University of California, Berkeley where I attended on a Navy ROTC scholarship and was commissioned as a Diving and Salvage Officer after I graduated.
Volunteer Fire Department in Indiana Gets Its First Boat
![The Bellmore Fire Department uses the boat for the first time in early January while responding to a nighttime report of a dog in the water. (Photo: Marathon Petroleum Corporation)](https://images.marinelink.com/images/maritime/w100h1500/the-bellmore-fire-department-uses-147551.png)
A volunteer fire department in western Indiana has increased its capabilities to respond to incidents on lakes and waterways after getting an unexpected grant.The Bellmore Volunteer Fire Department purchased its first boat through funding from Marathon Pipe Line (MPL), a subsidiary of Marathon Petroleumās midstream segment, MPLX.The departmentās chief said he had considered budget cuts to make theā¦
Hydrogen-powered Vessel H2 Barge 2 Delivered
![(Image: Holland Shipyards Group)](https://images.marinelink.com/images/maritime/w100h1500/image-holland-shipyards-group-147550.jpg.jfif)
Holland Shipyards Group announced it has delivered H2 Barge 2, the second hydrogen-powered vessel for Future Proof Shipping.The vessel has undergone a complete retrofit from traditional internal combustion technology to cutting-edge hydrogen fuel technology. The project involved removing the main engine and reduction gearbox, replacing the diesel engine driving the bow thruster and diesel generators with a new modular propulsion system.
Maersk to Spin Off Svitzer
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Denmark's A.P. Moller-Maersk said on Thursday it will spin off its towage and marine services activities and plans to list the new company on the Nasdaq Copenhagen stock exchange.Maersk has sought to streamline its business in recent years, spinning off oil rigs and other units that did not fit with its core shipping and logistics operations.The anticipated first day of trading for the shares of the new companyā¦
DNV Updates āGo-To Standardā for Offshore Energy Operations
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DNV has published a substantial revision to the āgo-to standardā, DNV-ST-N001, for the design and planning of marine operations for the transport, installation and removal of offshore wind farms, subsea cables and oil and gas assets.The new major changes reflect the changing nature of the offshore industry in line with its support of the energy transition, ensuring that the standard remains relevantā¦
Wärtsilä Books Ammonia Fuel System Order for Two Exmar Gas Carriers
![3D rendering of the Exmar LPGās ammonia dual-fuel mid-size gas carrier (Credit: Exmar)](https://images.marinelink.com/images/maritime/w100h1500/3d-rendering-of-the-exmar-147539.jpg)
Wärtsilä Gas Solutions, part of technology group Wärtsilä, will deliver the fuel supply system for Exmarās two new medium size gas carriers that will operate with ammonia fuel.The ships are being built at the Hyundai Mipo Dockyards (HMD) in Korea for ship owner Danish shipowner Exmar LPG, a joint venture between Exmar, a multi-disciplinary maritime and offshore solutions provider, and Seapeak, oneā¦
New RoPax Vessel Delivered to Stena RoRo
![(Photo: Stena RoRo)](https://images.marinelink.com/images/maritime/w100h1500/photo-stena-roro-147526.jpg)
Stena RoRo announced it has taken delivery of the 10th vessel in its E-Flexer series from the CMI Jinling, Weihai Shipyard. The vessel, named Ala'suinu, will be on a long charter agreement with the Canadian state-owned Marine Atlantic and operate a ferry line in eastern Canada between Newfoundland and Nova Scotia.āWe are very excited to welcome the Alaāsuinu to our service,ā says Gary O'Brien, Chair, Board of Directors, Marine Atlantic.
Container Market Growth Modest in 2023
![Image courtesy of CTS](https://images.marinelink.com/images/maritime/w100h1500/image-courtesy-of-cts-147533.png)
In 2023, the container market grew 0.2% year-on-year, ending at 173.8 million TEU. Compared to 2019, before the COVID pandemic hit, the market grew 1.5%.āContainer market growth has lagged behind overall economic development significantly, as the world economy has grown 10% since 2019,ā says Niels Rasmussen, Chief Shipping Analyst at BIMCO.Highlighting the challenge for liner operators, the container fleet capacity in 2023 grew 21% vs 2019 and 8% vs 2022.
Denmark Primed to Become European CO2 Hub
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With its new CCS-strategy, the European Commission has outlined a common direction for the capture, utilization, and storage of CO2 in the EU. The strategy highlights Denmark as a pioneer in the field, and Danish Shipping predicts that Denmark could play a central role.The strategy, named the "Industrial Carbon Management Strategy," sets the framework for the ambition to build an internal market for CO2, benefiting both the climate and employment.
WSC Calls for Strengthened Commitment on Renewable Fuels
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The European Commission's recommendation for the EU's 2040 climate targets, calling for a 90% net GHG emission reduction, are ambitious and critically important, especially following updates suggesting that EU 2030 goals may not be met, says the World Shipping Council (WSC).The climate targets point to the importance of providing renewable marine fuels for maritime sector decarbonization. Committing the EU to production of zero-GHG fuel pathways is essentialā¦
Australian Welfare Organizations Call for Suspension of Live Animal Exports
![Source: Animals Australia](https://images.marinelink.com/images/maritime/w100h1500/source-animals-australia-147530.jpg)
The Australian Alliance for Animals has written an open letter to animal exporters imploring them to voluntarily suspend all live animal exports to or through the Red Sea while the risk of attack remains and to suspend any extended journeys to the Middle East via the Cape of Good Hope.The move follows the recently aborted voyage of the Bahijah. The livestock carrier sailed from Australia for Israelā¦
Sweden Ends Nord Stream Sabotage Probe
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Sweden on Wednesday dropped its investigation into the explosions in 2022 on Nord Stream pipelines carrying Russian gas to Germany, saying it lacked jurisdiction in the case but had handed evidence it had uncovered over to German investigators.The multi-billion-dollar Nord Stream 1 and 2 pipelines transporting gas under the Baltic Sea were ruptured by a series of blasts in the Swedish and Danish economic zones in September 2022ā¦
Panama Canal Does Not Plan Transit Restrictions Before April
![Source: Panama Canal Authority](https://images.marinelink.com/images/maritime/w100h1500/source-panama-canal-authority-147528.jpg)
The Panama Canal sees no need for further vessel transit restrictions until at least April, when its authority will evaluate water levels at the end of the dry season, Deputy Administrator Ilya Espino told Reuters.A severe drought last year forced the canal to reduce the number of vessels allowed to pass per day. In December, rains in the last quarter of the year allowed the waterway to suspend further restrictions that would have been applied in January.In recent monthsā¦