Hunter Group Signs Charter for Eco-Design VLCC
Norwegian shipowner Hunter Group has entered into a three-year back-to-back charterparty for an eco-design and scrubber fitted Very Large Crude Carrier (VLCC) with an internationally renowned counterparty.Delivery of the 2016-built vessel is expected to take place during March/April 2024.The company will charter the vessel in at a fixed rate of $51,000 per day, before subsequently chartering the vessel…
Maersk and Hapag-Lloyd Set Up Operational Cooperation
Shipping industry majors Hapag-Lloyd and Maersk have signed an agreement for a new long-term operational collaboration called ‘Gemini Cooperation’, which will start in February 2025.The ambition is to deliver a flexible and interconnected ocean network with industry-leading reliability.The new cooperation between the companies will comprise a fleet pool of around 290 vessels with a combined capacity of 3.4 million containers (TEU).
ONE Orders 12 Methanol Dual-Fuel Containerships
Japanese shipping company Ocean Network Express (ONE) has signed shipbuilding contracts with Jiangnan Shipyard and Yangzijiang Shipbuilding for the construction of 12 13,000 TEU methanol dual-fuel containerships.Each shipyard will build six vessels and are all scheduled to be delivered from 2027. The order represents ONE’s inaugural fleet of methanol-dual fuel vessels and plays a key role in reaching…
Trans Global Projects Appoints New Director
Trans Global Projects (TGP) has appointed Dominic Toh as Director, Singapore, as part of its strategy to capitalise on strong growth in the project cargo market of southeast Asia.Toh, who is the company’s second key hire since the start of January 2024, brings nearly three decades of logistics’ experience, including from several major multinational project logistics organisations.Based out of TGP’s Singapore office…
Bahamas Defense Force Orders Four New Vessels from SAFE Boats
SAFE Boats International (SBI) reports it signed a contract with the Royal Bahamas Defense Force (RBDF), adding another four 41-foot Interceptors to its current fleet of existing SAFE Boat vessels.This latest contract, signed January 11, is the result of collaborating efforts over the past three years between RBDF and SBI, the Pacific Northwest boatbuilder said. This contract is a fully funded, direct purchase by the RBDF to supply four vessels…
BC Ferries Awards Shipyard Contract for New Hybrid Electric Vessels
Canada's BC Ferries announced Dutch shipbuilding conglomerate Damen Shipyards Group has been selected to build its four new hybrid electric Island Class vessels.Damen, the same shipbuilder that built BC Ferries’ previous six Island Class ferries between 2020 and 2022, will construct the vessels in Romania, after its bid was selected from among several proposals received from around the world. No Canadian companies bid for the build program…
Equatorial, TFG and Sinopec are Singapore's Top Three Marine Bunker Suppliers in 2023
Equatorial Marine Fuel Management Services, TFG Marine and Sinopec Fuel Oil Singapore were the top three marine bunker suppliers in Singapore, the world's largest bunker hub, in 2023, latest data from the port authority showed.Equatorial maintained its top position for a second consecutive year, while Trafigura's TFG Marine rose one spot to become the second largest supplier, data from Singapore's…
GE Vernova to Equip UK FSS Ships with Hybrid-electric Propulsion
GE Vernova's Power Conversion business in the UK has been chosen by Team Resolute to supply advanced hybrid propulsion technology for three Fleet Solid Support (FSS) ships for the UK Ministry of Defense (MOD).Team Resolute is a consortium created by Spanish shipbuilder and defense company Navantia, shipbuilder Harland & Wolff and naval architects BMT to deliver the FSS program, for which Navantia UK…
AST Secures Intellian OneWeb Certification
Applied Satellite Technology Ltd (AST) has officially been awarded the Intellian OneWeb Certification, authorizing the company to carry out installations of Intellian parabolic antennas.The certification, issued by Intellian, a provider of satellite communication and antenna systems, makes AST authorized to install and maintain Intellian's parabolic antennas. In addition, AST will offer certified training for Intellian OneWeb solutions…
Another Ship Hit in the Red Sea
Disruptions to Red Sea shipping caused by Houthi attacks will push up prices of consumer goods, an executive from port and freight operator DP World said on Tuesday as a missile struck another vessel in the region.The Iran-allied Houthi militia has threatened to expand its attacks to include U.S. ships in response to American and British strikes on its sites in Yemen.Attacks by the Houthis on ships…
First Newbuilds Delivered to Baltnautic Holdings
Damen Shipyards Group announced it has delivered a pair of Damen Combi Freighter 3850 vessels to Baltnautic Holding B.V.The newbuilds, Indigo and Violet, were built at Damen Yichang Shipyard in Shanghai, China. A third Combi Freighter for Baltnautic Holding B.V. is currently under construction at the same yard and is set to be delivered in November this year.The vessels are the first new builds in the history of Baltnautic Holding B.V. and will be deployed for operations in Europe.
Sovcomflot Considering Alternative Shipping Routes in Case of Red Sea Escalation
Russia's leading tanker group Sovcomflot is considering alternative shipping routes in case of further escalation of the crisis in the Red Sea, the TASS news agency reported on Tuesday.The United States and Britain launched a series of strikes on Yemen last week aimed at the Iran-backed Houthi militia, whose attacks on international shipping have disrupted one of the world's most important trade routes since December.According to British maritime security firm Ambrey…
New Leadership at Mustang Survival and Wing Group
Kenny Ballard has been appointed Mustang Survival’s new President, taking over responsibilities from Juanita Killen, who stepped into the role of Interim President in 2023. Additionally, Lance Richardson takes on the newly created role of VP, Manufacturing and Innovation for the Wing Group, Mustang Survival’s parent company.Ballard brings a wealth of experience from previous executive roles with renowned brands…
"Port of the Future" Announces Comms Awards
The Borders, Trade, and Immigration Institute, a Department of Homeland Security Center of Excellence, led by the University of Houston, announced the creation of the annual Port of the Future Award for “Excellence in Port Communications and Community Relations.” Each year, this award will be presented at the annual Port of the Future Conference, held the first week of April, in Houston, Texas. Finalists…
Accelleron Helps KMTC Save Over $500M with Digital Optimization Tool
Korea Marine Transport Company Ship Management (KMTC SM) has reported annual fuel savings worth approximately $540,000 in total, after installing Accelleron’s digital engine optimization solution Tekomar XPERT on 12 Panamax vessels.Tekomar XPERT delivers engine optimization recommendations based on thermodynamic insights that aim to bring engines back to operating performance achieved at ‘new’ condition.The solution can be applied to any engine and turbocharger make.
Purus Selects DNV to Class Its First VLEC Newbuilds
UK-headquartered shipowner Purus has selected DNV to class its two Very Large Ethane Carriers (VLEC) newbuilds.The vessels have been contracted at HD Hyundai Heavy Industries (HHI) in South Korea and scheduled for delivery in 2026-2027.With a cargo carrying capacity of 98,000cbm, the two VLECs will be fitted with GTT’s Mark III membrane containment system.The vessels will be equipped with dual-fuel…
NYK Line Stops Vessel Transits in Red Sea
Japan's Nippon Yusen, the country's biggest shipper by sales, on Tuesday suspended navigation through the Red Sea for all the vessels it operates, a spokesperson told Reuters.The company, also known as NYK Line, has also instructed its vessels navigating near the Red Sea to wait in safe waters and is considering route changes, the spokesperson said.It is the latest operator to cease traversing the…
Qatari LNG Tankers Resume Course Via Red Sea
Four tankers used for shipments of Qatari liquefied natural gas (LNG) have resumed course after pausing for several days amid maritime attacks by Yemen's Iran-aligned Houthis in the Red Sea, LSEG shiptracking data showed on Tuesday.The Houthi attacks, in what they call a bid to support Palestinians in the war with Israel, have disrupted trade on the main East-West route that makes up about 12% of global shipping traffic.On Monday…
BMA Technology Supplies Electrics for Two ‘Green’ Containerships
BMA Technology has delivered a suite of electrical solutions for two new A2B-online’s multi-fuel container vessels, being built at Sedef Shipyard in Turkey.BMA Technology has provided a comprehensive suite of electrical solutions to power A2B-online's environmentally friendly container vessels, each with a capacity of 650 TEU.This includes components such as electric drives, motors, Li-ion batteries…
Austal USA Launches Large USV Vanguard for US Navy
The U.S. Navy’s newest Overlord Unmanned Surface Vessel Vanguard (OUSV3), was recently launched from Austal USA’s shipyard in Mobile, Ala. Vanguard is the first USV for the Navy purpose-built for autonomous operations from the keel-up.Vanguard is being jointly developed by a team led by Austal USA and L3Harris. Once outfitting and testing is completed, Vanguard will autonomously transit to San Diego, joining sister ships, OUSV2 Ranger and OUSV4 Mariner, as part of the Navy’s USV Division 1.