Public-private Partnership to Build $635 Million Port Terminal in Delaware
The State of Delaware will join the private operator of the Port of Wilmington, Enstructure, to build a new port terminal at a site in Edgemoor, Delaware. The Edgemoor industrial site was purchased in 2017 by the taxpayer-owned Diamond State Port Corporation (DSPC) which subsequently secured the necessary permits to construct a new port terminal.This $635 million infrastructure project will be largest shipping terminal in Delaware since the current Port of Wilmington opened in 1923.
Libra Group Exits Container Shipping in $2 Billion Sales Play
Libra Group exited the container shipping market this week after selling close to 100 vessels for more than $2 billion over several years to focus on innovation and sustainability as new drivers of growth, the company's executive chairman said.The container market hit rock bottom nearly a decade ago before rebounding to record highs during the COVID pandemic as demand for consumer goods, which are carried by container ships…
Container Shipping Demand Up Significantly, Hapag-Lloyd CEO Says
Hapag-Lloyd Chief Executive Rolf Habben Jansen said on Wednesday that demand for container shipments across the world's oceans has risen significantly in recent weeks but the upswing may be short-lived.The CEO told customers at an online presentation that the increase since the start of May was due to a combination of stocks being replenished in some sectors, unexpectedly high customer demand and shipping…
Boluda Towage Acquires Les Abeilles
Maritime services company Boluda Towage on Wednesday announced it has acquired France-based Les Abeilles International.Les Abeilles provides maritime rescue response services, with coverage along the French and Northern European coasts. Boluda Towage said the acquisition will enhance its capacity to act in case of offshore spills, with highly qualified equipment and state-of-the-art technology. Boluda Towage will also emerge as a new player in the wind energy markets…
Government Shipbuilding Could Soon Enter American Living Rooms
With the U.S. Navy and U.S. Coast Guard FY 2025 budget requests offering uninspiring news for traditional shipbuilders, industry observers might be forgiven for checking out and dismissing 2024 as just another dull year in the frustrating business of government shipbuilding.But with an election season underway and an increasingly disorderly sea, the year may end up being far more exciting for industry than most U.S.
Wärtsilä Set to Deliver Emissions-Cutting Tech for CMA CGM Ferries
Technology group Wärtsilä has secured a deal to supply engines, fuel gas supply system and thrusters for two new Ropax ferries being built for French operator La Méridionale, a subsidiary of CMA CGM.The vessels, which have been specifically designed to minimize emissions, are to be built at the China Merchants Jinling Shipyard (Weihai), and will operate between Marseille and Corsica.For each ship, Wärtsilä will supply two 12-cylinder…
Damen, Atal Solutions Join Forces for Green Refit of BAM Shipping’s Four Bulk Carriers
Damen Shipyards has partnered up with Atal Solutions and other parties to retrofit four bulk carriers for Bam Shipping with fuel-saving and emission reduction technologies.The industry partners will integrate eight different proven technologies, which will result in bulk carriers consuming at least 20% less fuel and reducing up to 99% greenhouse gases (GHG).The increased efficiency paves the way for…
MDL Invests $9M to Expand Its Flexlay Asset Range
Back-deck engineering specialist Maritime Developments (MDL) has committed $9 million (£7 million) of capital investment to expand its flexlay asset range.The investment covers six new pieces of modular equipment in MDL’s portfolio, including high-capacity tensioners and reel drive systems, as well as the most recent innovation - Wheeled Horizontal Lay System (WHLS).The Wheeled Horizontal Lay System…
ABB Introduces Optimal Speed Routing to Improve Vessels Fuel Efficiency
ABB has introduced a new feature to its Routing Services portfolio that will allow vessel owners to manage fuel costs by optimizing vessel optimal route and speed at the same time.As the first solution in the market equipped to optimize track and operating speeds simultaneously against anticipated weather, the feature is included in the ABB Ability Routeguard onshore routing service.This represents…
Industry Partners to Install CCS System on Four New Capital Gas’ LCO2 Carriers
Capital Gas, Erma First and Babcock have signed a Letter of Intent (LoI) to install a carbon capture and storage (CCS) system, CARBON FIT, on board four new liquefied carbon dioxide (LCO2) carriers.Due for delivery by South Korean shipbuilder Hyundai Mipo Dockyard in 2026, the 22,000 cbm LCO2 carriers will join the Capital Gas managed fleet as the largest of their kind ever built.The Erma First CARBON…
Palfinger to Supply Major Equipment Package for Prysmian’s New Cable Layer
Palfinger Marine, an Austrian manufacturer of hydraulic lifting, loading, and handling systems for marine applications, has been contracted to supply a major equipment package for a new cable laying vessel, under construction at Vard for Prysmian.Following the previous orders to equip cable laying vessels Leonardo da Vinci and Monna Lisa, Palfinger Marine will provide deck equipment and lifesaving…
SHI's Ammonia Fuel Cell Powered VLAC Gets Lloyd’s Register’s Blessing
Samsung Heavy Industries (SHI) has received an approval in principle (AiP) from Lloyd’s Register for the design of its ammonia fuel cell-powered very large ammonia carrier (VLAC).Ammonia fuel cell-powered VLAC, developed by SHI with the US-based fuel cell system developer Amogy, is an emission-free and eco-friendly vessel, which does not produce any sulfur oxides (SOx), nitrogen oxides (NOx), or carbon…
CHIRP Edition 75: Three Types of Fire
Voluntary near-miss reporting scheme CHIRP Maritime has released its 75 edition of Feedback which covers three different types of fire, two hand injuries and a variety of other unfortunate events.There are some common threads running through them, says Adam Parnell, Director (Maritime) for CHIRP. “Perhaps the most obvious is the need for better communication, whether it is between crew members or with shore personnel or the vessel’s management.
KR and HD Hyundai to Pilot Cloud-Based Smart Ship Solution
KR has signed an MoU with HD Hyundai to collaborate on the pilot project of a cloud-based next-generation smart ship solution (ISS 2.0) developed by HD Hyundai. The MoU was signed at Posidonia 2024.The project, jointly undertaken by HD Hyundai Heavy Industries (HD HHI), HD Korea Shipbuilding & Offshore Engineering (HD KSOE), HD Hyundai Marine Solution (HD HMS), Sinokor Merchant Marine, and KR, aims to equip and demonstrate smart ship solutions on vessels.
AYRO Rebrands as OceanWings
Wind assisted ship propulsion system company AYRO has introduced an expanded Wingsail portfolio designed to adapt to the cargo needs of ships of most types or size, and rebranded as OceanWings, with the announcement made at Posidonia 2024.The rebranding follows a successful design, manufacturing and commercialization phase over the past six years, bookended in 2023 by the launch and subsequent commercial operations of the Canopée RORO cargo ship…
Tankerska Selects Digital Package from Metis and Kongsberg Digital
A collaboration between Metis, Kongsberg Digital, and Tankerska plovidba has significantly advanced the Croatian owner’s strategy of using real-time analytics to enhance fleet efficiency and reduce ship emissions.The 49,990dwt Tankerska ship Vukovar has been installed with an integrated Metis-Kongsberg package. The solution imports data acquired through Vessel Insight, Kongsberg Digital’s vessel-to-cloud infrastructure…
DNV and Artemis Technologies Sign MoU on Electric Foiling Ferries
DNV and Artemis Technologies signed a memorandum of understanding (MoU) on the development, certification, and operation of electric foiling vessels. The signing took place at the Posidonia trade fair.Electric vessels have been trialled in many countries, demonstrating significant benefits, including reduced emissions to air, quieter operation, and regulatory compliance. Now, companies are adding an…
Eastern Pacific Shipping and MAN Team Up on Ammonia Training
MAN Energy Solutions has signed a memorandum of understanding (MOU) with Eastern Pacific Shipping (EPS) at Posidonia 2024 International Shipping Exhibition in Piraeus, Greece, on the development of crew training for the handling of ammonia as fuel on vessels.Signed between Cyril Ducau, Chief Executive Officer for EPS and Bjarne Foldager, Country Manager, Denmark for MAN Energy Solutions, the MOU will…
Telemar Opens New Office in Spain
Smart maintenance and remote access technologies provider Telemar is opening an office in Algeciras to better support digital solutions for Telemar and Marlink customers.The Algeciras office will enable Telemar to directly serve customers in the region for the first time, increasing the scope and range of services available with a dedicated team in place to handle client requests in the fifth busiest port in Europe by annual TEU volume.
Unseaworthy Bulker Banned from Australian Ports
Australia has banned a Cypriot-flagged bulk carrier from entering its ports after inspectors found the vessel to be unseaworthy.The vessel, Peace, is operated by Danaos Shipping, a company which also operates the containership Suez Canal, which was the subject of a prolonged detention by the Australian Maritime Safety Authority (AMSA) in January 2024.AMSA Acting Executive Director Operations Greg Witherall…
