Damen and CMA CGM Join Forces to Boost Containerships Efficiency
Around 10 of CMA CGM’s vessels are set to receive modifications and upgrades as part of the agreement the French shipping giant made with Dutch shipbuilder Damen Shipyards, aimed at increasing the efficiency of the ships.The upgrades and modifications will deliver fuel efficiencies of more than 10%, according to Damen.The upgrades will take place at Damen Shiprepair Dunkerque (DSDu) and Damen Shiprepair Amsterdam (DSAm)…
Ex-Ulstein Chief Takes the Reins at Vard
Norwegian shipbuilder Vard, a subsidiary of the Fincantieri Group, has appointed Cathrine Kristiseter Marti as its new Chief Executive Officer (CEO).Starting from June 1, 2024, Marti will take over from the current CEO, Alberto Maestrini, who will remain in his position as Chairman of the Board.Maestrini will continue to lead the Offshore and Special Vessels business in Fincantieri and through this…
Master and Shipping Company Prosecuted For Pilot Ladder Failure
The Australian Maritime Safety Authority (AMSA) has successfully prosecuted a ship's master and shipping company after a pilot was injured while embarking on a Panama-flagged general cargo ship.The pilot was attempting to embark the Boshi 58 on May 25, 2023, but was seriously injured when the pilot ladder broke during the transfer.The Boshi 58's master and the shipping company, Fu Ye Shipping, pled guilty and were fined $5…
Second Channel Opened Around Collapsed Baltimore Bridge
Recovery teams opened a second channel enabling smaller vessels to navigate the Port of Baltimore on Tuesday but most commercial shipping remains blocked by the collapsed bridge and stranded container ship that brought the structure down a week ago.A team including the U.S. Coast Guard, U.S. Army Corps of Engineers and the state of Maryland announced crews had cleared a channel with a depth of 14 feet (4.3 meters)…
US Navy Shibuilding Schedules Hit by Supply Chain Woes
Virginia-class submarines, an aircraft carrier and frigates being built for the U.S. Navy are now years behind schedule because of skilled labor shortages, design issues, and supply chain challenges stemming from the pandemic, the Navy said on Tuesday.U.S. Navy Secretary Carlos Del Toro in January ordered a comprehensive review to examine national and local causes of the challenges to shipbuilding with Tuesday's results showing that five classes of ships being built for the U.S.
Van Oord Duo Dredging in the Prinses Amaliahaven in Rotterdam
Van Oord’s cutter suction dredger Biesbosch and trailing suction hopper dredger Vox Apolonia are teaming up to dredge the Prinses Amaliahaven located on Maasvlakte in Rotterdam, the Netherlands.A consortium of Van Oord, HOCHTIEF and Ballast Nedam has constructed 2.4 kilometres of new quay wall. The new quays are being dredged to a depth of more than 20 metres below sea level. This development means…
Hans Olav Raen Appointed CEO of Yara Clean Ammonia
Hans Olav Raen has been appointed CEO of Yara Clean Ammonia effective May 1, 2024.Raen has until now been Business Director and heading OCI’s fertilizers business in Europe. He has more than 25 years of experience in the fertilizer industry, including 12 years with Norsk Hydro and Yara International (between 1997 and 2009), where he held commercial and managerial roles in Europe and Africa.Raen holds…
Brent Oil Hits Highest Price This Year on Fresh Supply Threats
Global oil benchmark Brent on Tuesday rose above $89 a barrel for the first time since October, albeit briefly, as oil supplies faced fresh threats from Ukrainian attacks on Russian energy facilities and escalating conflict in the Middle East.Brent futures for June delivery were up $1.35, or 1.5%, at $88.76 a barrel by 11:40 a.m. EDT (1540 GMT) after touching a peak of $89.08.U.S. West Texas Intermediate (WTI) crude futures for May rose $1.27…
ECOLOG Gains 'Industry-first' Approval from ABS
Classification society ABS announced it has awarded ECOLOG, a mid-stream Carbon Capture, Utilization and Sequestration (CCUS) service provider, with an industry first ISM Document of Compliance for the operation of liquified CO2 carriers on behalf of the Bermuda flag administration.ABS audited ECOLOG to verify compliance with the International Safety Management Code.ECOLOG plans to build and own CO2 terminals and a carrier fleet to service the emerging CCUS sector…
Biden Administration Approves Eighth US Offshore Wind Project
The U.S. Interior Department on Tuesday approved the country's eighth commercial-scale offshore wind project, which will be built off the coast of Massachusetts, bringing online electricity to power more than 900,000 homes.The approval for Avangrid’s New England Wind Project brings the U.S. one-third of the way to President Joe Biden's goal of permitting 30 gigawatts of offshore wind capacity by 2030…
GTT Awarded AIPs for Cargo Transfers Between VLECs
GTT, the technological expert in membrane containment systems used to transport and store liquefied gases, has obtained two new approvals in principle (AIP) from the classification societies ABS and Lloyd's Register for cargo transfer operations between very large ethane carriers (VLEC) equipped with the Mark III technology developed by GTT.These approvals confirm the relevance of GTT's containment systems on board VLECs…
Wärtsilä Lifecycle Agreement for Installation Vessel Green Jade
Wärtsilä reports it has signed a long-term Guaranteed Asset Performance agreement with CSBC-DEME Wind Engineering Co Ltd (CDWE), a joint venture between CSBC Corporation and DEME Offshore. The agreement covers CDWE’s new 216 meters-long installation vessel, the Green Jade. Marco Kanaar, CEO of CDWE, owner of the Taiwan-designed and -built offshore heavy lift DP3 installation vessel Green Jade says…
Astilleros Balenciaga Delivers New SOV for Edda Wind
Norway-based Edda Wind on Tuesday announced it has taken delivery of a newly built service operation vessel (SOV) from Spanish shipbuilder Astilleros Balenciaga.The vessel, C416—to be renamed Edda Goelo at a later stage—was delivered on March 26. It will be the permanent vessel in the contract with Siemens Gamesa Renewable Energy at the Saint-Brieuc wind farm in France, running until Q2 2028. C416 is of Salt 0358 design and the sister vessel of Edda Brint…
Austal Rejects Hanwha's $662 Million Takeover Offer
Australian shipbuilder Austal said on Tuesday it had rejected an A$1.02 billion ($662 million) takeover offer from South Korea's Hanwha Ocean as it was unlikely to be approved by Australian and U.S. regulators due to the sensitivity of its operations.The Western Australia-based firm said it had received a bid at A$2.825 per share, representing a premium of 28.4% to Austal's last closing price.Austal's shares rose 8.2% in early trade…
ClassNK Announces Executive Appointments
ClassNK has carried out a regular reshuffle of its full-time executives, underlining its commitment to charting the maritime industry’s shift through a period of significant transformation. President & CEO Hiroaki Sakashita and Senior Executive Vice President (SEVP) Junichiro Iida continue in their current roles, while Executive Vice President (EVP) Hayato Suga is promoted to SEVP. Additionally, Dr. Toshiro Arima, Masaki Matsunaga, and Dr.
Port of Aberdeen Makes Progress on its Strategic Floating Wind Path
Port of Aberdeen has stepped closer to becoming a strategic hub for floating offshore wind, with its proposed South Harbour upgrade project progressing to Stage 2 ‘priority’ status in the Scottish Offshore Wind Energy Council’s (SOWEC) strategic investment model.The significant upgrade involves a capital dredge project to deepen 750 meters of quayside to -14.5 meters chart datum, providing suitable…
RINA Nods Yes for Kindon's Green Methanol Offshore Production Platform
Italian classification and marine engineering consultancy RINA has issued an approval in principle (AiP) to Kindon New Energy Technology for its green methanol offshore production platform solution.Produced entirely offshore, the methanol is derived from renewable CO2 through DAC (Direct Air Capture) technology and green hydrogen from offshore wind power water electrolysis technology.The platform will…
Innovative ‘Wall Climbing Robot’ for Ship Inspection Earns ClassNK Endorsement
The wall climbing robot for steel structures - developed by Mitsui O.S.K. Lines, Sumitomo Heavy Industries, and MOL Ship Management to support ship inspection and maintenance - has completed a demonstration test and earned the Nippon Kaiji Kyokai (ClassNK) Innovation Endorsement.The Innovation Endorsement is ClassNK's third-party certification program. It certifies and supports initiatives that contribute…
Japan’s First Dual-Fuel LNG Bunkering Vessel Delivered to Industry Partners
KEYS Bunkering West Japan Corporation - a joint venture established by Kyushu Electric Power, NYK Line, Itochu Enex, and Saibu Gas – has taken delivery of KEYS Azalea vessel, said to be Japan’s first LNG bunkering vessel equipped with a dual-fuel engine.The delivery ceremony for the vessel was held on March 28, 2024, at the Yamatomachi Shipyard of Mitsubishi Shipbuilding in Japan’s Yamaguchi Prefecture.KEYS…
Pacific Basin Chooses Graphene-Based Propeller Coating
Dry bulk shipping company Pacific Basin has decided to apply a sustainable graphene-based propeller coating XGIT-PROP, developed by Canadian company GIT Coatings, across its entire fleet.Following successful application and observing positive results on one of its Supramax dry bulk vessels, Pacific Basin has started the rollout of XGIT-PROP across 40 vessels scheduled for dry dock maintenance in 2024.
