US' FTA Announces $316 Million for Ferry Service Modernization
The U.S. Department of Transportation’s Federal Transit Administration (FTA) on Wednesday announced the availability of $316 million to support and modernize passenger ferry service in communities across the country.Ferry transit is a critical mode of transportation in many regions throughout the United States. Across the country, there are approximately 3 million ferry riders each month.“I have seen firsthand how…
Crew of Ship Seized by Iran Are Safe, Operator MSC Says
The 25 crew members of the MSC Aries, which was seized by Iran on April 13, are safe, shipping firm MSC said on Wednesday, adding that discussions with Iranian authorities are in progress to secure their earliest release."We are also working with the Iranian authorities to have the cargo discharged," the Swiss headquartered company said in a statement.Iran's Revolutionary Guards seized the container…
Ras Al-Khair SEZ Seeking Maritime Infrastructure Investment
Saudi Arabia’s Ras Al-Khair Special Economic Zone (SEZ) said it is seeking local and foreign investors to help boost the Kingdom’s maritime infrastructure.With an initial area of 20 square kilometers, Ras Al-Khair SEZ, operated by the Royal Commission for Jubail and Yanbu, is an expanding zone with two focus areas, The King Salman International Complex for Maritime Industries and Services, and the Offshore Cluster supply chain.
MRS '24 - Panel 5: Identifying Risk, Measuring Success in the "Gray Zone"
The Maritime Risk Symposium is an annual three-day conference in which government and maritime industry leaders, port representatives, researchers, and solution providers convene to examine current and emerging threats to maritime security. MRS2024 is scheduled to take place June 11-13 2024 at Naval Postgraduate School (NPS) in Monterey, CA.A look @ Panel 5: Facilitator: Eric “Coop” Cooper, CAPT, USCG…
ILL EFFECTS: COVID Wiped 24.6m TEU off Container Market Growth
“Due to the COVID-19 pandemic, the global container market grew only 1.5% from 171.0 million TEU in 2019 to 173.5 million TEU in 2023. Without the pandemic, that figure would have been 24.6 million higher, landing at 198.1 million in 2023,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO.During the past four years, the container market has faced not only lower than expected growth in the global economy…
GTT Books Tank Design Order for Eight New LNG Carriers
French engineering company GTT has received an order from an Asian shipyard for the tank design of eight new Liquefied Natural Gas Carriers (LNGCs).The order, booked in the second quarter of 2024, is on behalf of a Middle Eastern ship-owner.GTT will design the tanks of these eight vessels, which will each offer a capacity of 174,000 m3.The tanks will be fitted with a membrane containment system from…
Chartwell Marine Grows CTV Build Pipeline for Offshore Wind Market
UK-based offshore vessel designer Chartwell Marine has started the construction of its new Brevity Class crew transfer vessel (CTV) at the Diverse Marine shipyard, becoming the latest in its growing pipeline of new vessel builds to supply the global offshore wind market.Chartwell Marine’s current new build pipeline now exceeds 15 vessels across six local shipyards – with 14 offshore wind vessels launched and operational at major offshore wind farms, including two in U.S.
Vard Unveils Resilience Military Vessels Series
Norwegian shipbuilder Vard, a subsidiary of the Fincantieri Group, has presented the next generation of military vessels - the VARD Resilience series.To answer the Norwegian Navy’s demands for the new vessels, VARD has developed VARD Resilience series with a design that meets the request for standardization, modularization, adaptation to the customer's needs and purpose of the vessel.According to Vard…
Hurtigruten Advances Initiative for Zero Edible Food Waste
Hurtigruten is working towards drastically reducing and recycling edible food waste from its fleet operations. A specially designed reactor at one of its ports converts edible food waste into compost used to grow vegetables for Hurtigruten.The initiative encompasses a comprehensive approach to waste management, starting with the sorting of edible food waste onboard Hurtigruten's Original Coastal Express ships during their year-round schedule along the coast of Norway…
Consortium Forms North Pacific Green Corridor
Global industry leaders from North America, Asia and Europe have announced the formation of the North Pacific Green Corridor Consortium (NPGCC) whose members and partners will work together to decarbonize the value chain for commodities between North America and Asia.The NPGCC will apply its collective expertise to develop a corridor for the decarbonized transportation of multiple commodities, including agricultural products…
SMM 2024 Exhibition Halls Already Nearly Fully Booked
The SMM 2024 trade show will run from September 3-6 this year, and organizers are expecting more visitors and exhibitors than last time; the exhibition halls are nearly fully booked.“We are expecting more than 2,000 international exhibitors from 70 nations,” says Claus Ulrich Selbach, Business Unit Director Maritime and Technology Fairs & Exhibitions at Hamburg Messe und Congress. “We are overwhelmed by the response. We are actually setting-up an additional hall to accommodate all requests.
ClassNK Endorses Three Solutions Developed by iO3
ClassNK has granted its Innovation Endorsements for Products & Solutions to an internet payment facility V.Pay, an AI maritime camera surveillance solution V.Sight, and a wearable AR smart-glass solution V.Sion, developed by iO3.ClassNK has verified the functions of V.Pay: crew internet payment facility with user-friendly portal, flexible Wi-Fi plans, payment integration, real-time account management and simplified crew internet access.For V.Sight…
Trafigura to Deploy GHG Emissions Measuring System on LNG Carrier
Daphne Technology has been selected by Trafigura for its first commercial deployment of PureMetrics™ emissions measuring system, scheduled for the summer of 2024.The system will be deployed aboard an LNG carrier chartered by Trafigura and managed by Latsco LNG LLC.PureMetrics directly measures and accurately reports real-time tonnes of GHG emissions to the environment, eliminating inaccurate reporting based on fuel consumption estimates.
Eureka Shipping Orders Cement Carrier for Great Lakes Trade
Eureka Shipping announced it has ordered a new cement carrier from Holland Shipyard Group in the Netherlands for scheduled for delivery in 2025.Eureka Shipping, jointly owned by SMT Shipping and The CSL Group, said the 12,500 dwt mechanical/pneumatic cement ship will replace two older vessels in the Great Lakes region while maintaining the same cargo capacity for operations.The newbuild will be fitted with a diesel-electric a propulsion system consisting of four generator sets…
Maritime Risk Symposium 2024 – Great Power Competition and Gray Zone Engagement
For 15 years the Maritime Risk Symposium (MRS), an annual three-day event, has brought together government and maritime industry leaders, port representatives, international and domestic researchers and solution providers to examine current and emerging threats to maritime security. World events highlight that maritime security is increasingly at risk during the current period of great-power competition and ongoing conflicts.
Sea Machines Unveils SELKIE Uncrewed Surface Vessel
Marine technology company Sea Machines Robotics has unveiled a new uncrewed surface vessel (USV) geared for industries ranging from hydrographic surveying, offshore asset inspection, and persistent on water operations such as security and environmental studies.The first model, SELKIE 7, is a 7-meter USV built on a high-density polyethylene (HDPE) hull and powered by the company's flagship SM300 Autonomous Command and Control system…
Optimarin Acquires Hyde Marine Business from De Nora
Optimarin AS, a Norwegian supplier of ballast water treatment systems (BWTS), announced it has agreed to acquire the Hyde Marine UV business from the Italian multinational Industrie De Nora S.p.A.
US Sanctions Impacting Sovcomflot's Ability to Trade, CEO of Russian Tanker Group Says
U.S. sanctions are limiting tanker activity for Russia's top shipping group, Sovcomflot, the company's head said on Tuesday, as Washington tightens the screws on Moscow.The U.S. imposed sanctions on Sovcomflot on Feb. 23 as Washington seeks to reduce Russia's revenues from oil sales that it can use to support its military actions in Ukraine.Sanctions have impacted the company's operations, "limiting our geography and commercial prospects"…
Portugal Urges Iran to Release Containership MSC Aries
Portugal's foreign ministry summoned Iran's ambassador on Tuesday to condemn Saturday's attack on Israel by Tehran and to demand the immediate release of a Portuguese-flagged container ship, the MSC Aries, that was seized by Iran on April 13.The ministry said in a statement after the meeting that it "will await the results of this formal measure and evaluate any additional steps, depending on those".It…
All American Marine to Build Research Vessel for Cal Poly Humboldt
Bellingham, Wash. shipbuilder All American Marine (AAM) announced it has been awarded a contract to build a new research vessel for the marine sciences program at the California Polytechnical Institute at Humboldt (Cal Poly).The vessel is a 78’ x 26.7’ semi-displacement aluminum catamaran that was developed by Nic de Waal of Teknicraft Design in Auckland, New Zealand. The vessel will be inspected to U.S.
