Pertamina's Shipping Unit to Double Tanker Fleet in Next 10 Years
The shipping unit of Indonesia's state energy firm Pertamina plans to double its fleet of 320 tankers in the next 10 years, the unit's CEO Yoki Firnandi told the Gastech conference in Houston on Thursday.The expansion, aimed at reducing the average age of the company's fleet, is set to include investment in vessels to transport liquefied natural gas (LNG).Indonesia is a major producer and exporter of LNG.
Red Sea Insurance Costs Skyrocket Amid Rising Houthi Shipping Threats
The cost of insuring a ship through the Red Sea has more than doubled since the start of September and some underwriters are pausing cover as the risk of attack from Yemen's Houthis on commercial vessels increases, industry sources said.The Iran-backed Houthis first launched aerial drone and missile strikes on the waterway in November. They say they are acting in solidarity with Palestinians under assault in Israel's war on Gaza.
Gulf LNG Tugs Orders Four New Vessels to Serve Port Arthur LNG Export Facility
Gulf LNG Tugs of Port Arthur on Thursday announced it has placed orders for four new escort tugs to serve the Port Arthur LNG export facility in Texas. Two will be constructed by Master Boat Builders in Coden, Ala., and two by Sterling Shipyard in Port Neches, Texas. Gulf LNG Tugs—a joint venture comprised of Bay-Houston Towing, Moran Towing Corporation and Suderman & Young Towing Company—said the new high horsepower…
Fairbanks Morse Defense to Acquire Rolls-Royce Naval Propulsors & Handling Business
Fairbanks Morse Defense (FMD) on Thursday announced it has struck a deal with Rolls-Royce to acquire its naval propulsors and handling business. The acquisition will include a range of propellers and waterjets for naval applications, as well as marine handling systems, which enable the deployment and recovery of manned and unmanned craft, and other cargo, from naval vessels.“When you look at the 150-year history of Fairbanks Morse Defense…
Metal Shark Delivers First of Two Fireboats to Anne Arundel Fire Department
Metal Shark, a Louisiana-based boat builder, has delivered the first of two cutting-edge 50-foot welded-aluminum fireboats to the Anne Arundel County Fire Department in Annapolis, Md. These new vessels are set to enhance emergency response capabilities across Chesapeake Bay, safeguarding over 500 miles of shoreline.Designed in-house and built at Metal Shark's Franklin, La. shipyard, the 50 Defiant NXT monohull fireboats feature advanced technology that improves response times…
Kohler Energy Rebrands as Rehlko
Kohler Energy, a provider of energy solutions, including power generation, energy storage, and renewable energy technologies, has rebranded under its new corporate name Rehlko.Rehlko will continue operating as an independent enterprise. The company became a stand-alone entity in May 2024 when Platinum Equity completed a transaction with Kohler Company to establish then-Kohler Energy as a stand-alone business.
Ship Sinks off Greenland, All Crew Members Rescued
A 30-metre long ship struck a reef and sank off the coast of Greenland on Thursday, while its four crew members were evacuated to safety, local police said.The ship had some 15,000-20,000 liters of diesel in its tanks and a further 1,000 liters of engine oil, and protective barriers were placed in the water in a bid to contain any spills, they added.(Reuters - Reporting by Stine Jacobsen and Essi Lehto, editing by Terje Solsvik)
McDermott, BW Offshore Team Up for Blue Ammonia Production on FPSOs
McDermott and BW Offshore have entered into a collaboration to advance the technical and commercial viability of offshore blue ammonia production aboard a floating production storage and offloading (FPSO) facility.The strategic partnership aims to enable a viable pathway for offshore blue ammonia production, contributing to the global transition to low-carbon energy sources, and reinforcing both companies'…
Wärtsilä to Convert Engines on Chevron’s LNG Carriers to Cut Methane Emissions
Technology group Wärtsilä, in partnership with Chevron Shipping Company, plans to convert one engine on six of Chevron Transport Corporation LNG Carriers from dual-fuel (DF) to spark gas (SG) operation to reduce methane emissions.The conversions are intended to reduce greenhouse gas emissions by lowering methane slip in support of Chevron Shipping’s broader efforts to reduce the carbon intensity of…
IMODCO’s Terminals for Offshore Ammonia Transfers Receive ABS’ Seal of Approval
American Bureau of Shipping (ABS) has issued approvals in principle (AiPs) for a range of jetty-less new energy terminal concepts to move frequent, large-volume ammonia transfers away from shore, developed by SBM Offshore’s division IMODCO Terminals.IMODCO is applying a proven jetty-less system for moving crude oil to support the supply chain for new fuels such as ammonia.ABS reviewed the designs for IMODCO’s Catenary Anchor Leg Mooring (CALM) buoy…
DNV Gives Its Blessing for New LH2 Carrier Developed by Industry Partners
Certification body DNV has issued an approval in principle (AiP) for an 80,000m3 capacity liquefied hydrogen carrier, jointly developed by Mitsui O.S.K Lines (MOL), Woodside, HD Korea Shipbuilding and Offshore Engineering (HD KSOE), and Hyundai Glovis.MOL has been working with the partners to develop a liquefied hydrogen carrier since January 31, 2024.DNV’s AiP follows the completion of the hazard identification study (HAZID)…
ABS Grants Approval for HMD’s LCO2 Cargo Containment System
American Bureau of Shipping (ABS) has granted an approval in principle (AiP) to HD Hyundai Mipo (HMD) for the design of cargo containment system for a liquefied carbon dioxide (LCO2) carrier.HMD developed a cargo containment system optimized for a 35,000 cbm LCO2 carrier using new cargo tank materials.Ahead of issuing the AiP, ABS completed design reviews based on class and statutory requirements for…
Furetank Names Björn Stignor CEO
Swedish family-owned shipping company Furetank is making a shift in management, where Björn Stignor steps into the CEO position from an international career in the Stena sphere. Former CEO Lars Höglund continues as chairman of the board, focusing on Furetank’s expansive newbuilding programme and other engagements in shipping industry and policy.Lars Höglund has a career of 50 years in shipping. During his almost three decades of leadership…
US Coastal Communities Fight for Space for Small-scale Fishermen
U.S. coastal waters are a public good increasingly at risk of privatization, threatening local economies that have depended on the sea for generations, fishermen and environmental advocates warned.Critics point to efforts to open up waters to industrial-scale fish farms, a federal permit system they say is stacked against small or new operators, and even coastal real estate development squeezing out independent businesses."There is another real estate grab…
Cargo Volumes Soar to Record Heights at Port of Los Angeles
The Port of Los Angeles reported handling nearly 960,600 Twenty-Foot Equivalent Units (TEUs) in August, marking a remarkable 16% increase compared to the same month last year. This figure represents the busiest month for the port since before the pandemic.With eight months of 2024 complete, the Port of Los Angeles is already 17% ahead of its total container volume from 2023, having processed nearly…
US and Canadian Forces Seize $44 Million Worth of Cocaine at Sea
The U.S. Coast Guard and the Royal Canadian Navy offloaded $44.2 million worth of cocaine in San Diego, last week.The crew aboard Her Majesty’s Canadian Ship Yellowknife (HMCS-706) and a U.S. Coast Guard Law Enforcement Detachment team interdicted more than 3,100 lbs. of cocaine approximately 430 miles southwest of Acapulco, Mexico, September 5.Capt. Tim Lavier, Eleventh Coast Guard District chief of response…
US Port Strike Would Spark Supply-chain Glitches from Outset, Shipping Exec Says
A threatened Oct. 1 strike by dockworkers at ports on the U.S. East Coast and Gulf of Mexico would immediately disrupt the flow of goods in the country, the North America chief executive of French container carrier CMA CGM said on Wednesday.The International Longshoremen's Association union represents 45,000 workers at 36 ports including New York/New Jersey, Houston and Savannah, Georgia. The union…
Kitsap Transit Secures Funding for Zero-emission Hydrofoil Ferry Project
Kitsap Transit has been awarded $1.2 million to design an all-electric, zero-emission fast ferry demonstration vessel and its accompanying shoreside charging infrastructure, the Washington State Department of Commerce announced. This funding complements a previous $4 million grant from the state legislature aimed at developing a scaled-down version of the 150-passenger Foil Ferry, engineered by Glosten and Bieker Boats…
US Navy Accepts Delivery of Future USS Robert E. Simanek
San Diego shipbuilder General Dynamics NASSCO delivered the future USS Robert E. Simanek (ESB 7) to the U.S. Navy, on September 12.The Lewis B. Puller-class expeditionary mobile base ship is named for Private First Class Robert Ernest Simanek, who was awarded the Medal of Honor for shielding fellow Marines from a grenade at the Battle of Bunker Hill during the Korean War. The Medal of Honor was presented to him by President Dwight D.
Tidal Transit Orders Battery-ready CTV Pair
U.K.-based Tidal Transit said it has placed orders with Singapore's Penguin Shipyard for two new battery-ready crew transfer vessels (CTV) amid growing demand for green crew transport in the offshore wind sector.The company announced on Tuesday that it has ordered two Incat Crowther-designed WindFlex-27 CTV vessels, each with capacity for 24 passengers.The vessels will be fitted with quad Volvo Penta…
