Updated Framework Released for Comparing Decarbonization Technologies
The Maritime Technologies Forum (MTF) has released an updated Framework for Assessing Decarbonization Technologies and Alternative Energy Carriers and a comprehensive assessment on the maturity and readiness of alternative fuel options, expanding the number of evaluated fuels covered since the previous heatmap report issued in November 2022.The assessment applied MTF’s recently updated framework to an expanded set of eight fuels…
Concordia Damen Contracted to Deliver CDS2410 River Pusher
Uruguayan shipowner and operator TFF has contracted Dutch inland shipping construction yard Concordia Damen to build a CDS2410 Shallow Draft River Pusher (2.500 HP) to expand its fleet of pushboats. TFF will use the pusher for transporting cellulose pulp from Fray Bentos to the port of Nueva Palmira.Concordia Damen has thoroughly researched the river characteristics in the region in relation to the desired operational profile of the vessel.
Nord Stream Sues Insurers in London Over 2022 Pipeline Blasts
Nord Stream is seeking more than 400 million euros ($436 million) from its insurers over explosions in 2022 which ruptured pipelines designed to transport Russian gas to Germany, court filings show.Nord Stream AG names Lloyd's Insurance Company and Arch Insurance (EU) DAC as defendants in its lawsuit, which was filed at London's High Court last month.Switzerland-based Nord Stream confirmed in an email…
Armed Pirates Board Cargo Ship Off Somalia
Twenty armed people have boarded a cargo ship off the coast of Somalia and have taken control of it, a maritime security firm said on Tuesday.The vessel is the latest to be targeted following a resurgence of attacks by Somali pirates in recent months although the maritime security firm, Ambrey, did not specify that it was Somali pirates who boarded the ship.Ambrey said the ship was a Bangladesh-flagged…
US Unions ask Biden Administration to Probe Chinese Shipbuilding
Five U.S. labor unions on Tuesday filed a petition with the office of U.S. Trade Representative Katherine Tai requesting a probe into China's alleged unfair policies and practices in the maritime logistics and shipbuilding sectors, the USTR office said.The petition was filed under Section 301 of the Trade Act of 1974, a statute aimed at combating trade partners' unfair practices.Trade practices are only one component of strains in U.S.-China relations in recent years.
SAAM Closes 2023 with Historic Earnings
SAAM reported net income of US$501 million in 2023, representing its best-ever results thanks to the sale of its port and logistics assets to Hapag-Lloyd, which generated a net gain of US$422 million.Sales for the year totaled US$540 million and EBITDA was US$160 million, surpassing the prior year by 17% and 9%, respectively."The sale of our port terminal and inland logistics operations leaves us in…
Philippine Seafarers Who Survived Houthi Red Sea Attack Arrive Home
Eleven Filipino seafarers arrived in the Philippines on Tuesday nearly a week after they survived a Houthi missile attack off Yemen.They were crew members of the Barbados-flagged, Greek operated merchant ship True Confidence which the Houthis attacked last week, killing three sailors, including two Filipinos. The migrant workers' ministry said in a statement the 11 survivors received government help on arriving in Manila.Mark Anthony Dagohoy…
Huisman to Supply Two Subsea Cranes for Toyo’s New Cable Layer
Dutch company Huisman has secured a contract to supply two subsea cranes for Toyo Construction’s new cable laying vessel (CLV), being built by Norwegian shipbuilder Vard.The contract Huisman signed with Vard is for the delivery of full electric 250 mt Hybrid Boom Subsea Crane, and a 100 mt Knuckle Boom Crane that will be integrated into Toyo’s CLV newbuild.The purpose-built VARD 9 15 design is expected…
German Shipowners Seek Clarity from Berlin on Carbon Trading
German shipowners' group VDR on Tuesday urged the Berlin government to provide legislation implementing European Union requirements to include the sector in the bloc's carbon trading system.The government is behind in transforming an EU agreement late in 2022 to require shipowners to buy EU carbon permits to trigger investment in greener technologies, into national legislation, VDR said at its annual press conference."For us…
US Military Strikes Back After Pinocchio Vessel Attack
The U.S. Central Command (CENTCOM) has confirmed that Yemen's Houthis fired two anti-ship ballistic missiles from their controlled areas into the Red Sea toward merchant vessel Pinocchio.The Singaporean-owned, Liberian-flagged ship was attacked on March 11, CENTOM said early on Tuesday, adding that the missiles did not impact the vessel and that there were no injuries or damage reported.Later on the same day…
First Aid Ship to Gaza Leaves Cyprus Port in Pilot Project
A ship transporting almost 200 tons of food to Gaza left a port in Cyprus early on Tuesday in a pilot project to open a new sea route for aid to a population on the brink of famine.The charity ship Open Arms sailed out of Larnaca port in Cyprus, towing a barge containing flour, rice and protein.The 200-mile (320 km) voyage across the eastern Mediterranean to Gaza with a heavy tow barge could take up to 2 days…
MOL Teams Up with Rio Tinto for Decarbonization of Maritime Transportation
Mitsui O.S.K. Lines, Ltd. (MOL) and Rio Tinto have signed the partnership agreement to enhance collaboration on both safety and crew welfare initiative and decarbonization of maritime transportation.MOL and Rio Tinto have agreed to further collaborate on shipping decarbonization in addition to the existing commitment to the DOO program through a deal signed on January 24, 2024.The DOO program is a…
DOF Bags Shell’s Decommissioning Contract for Knarr and Gaupe Fields
Norwegian offshore vessel operator DOF Group has secured a ‘substantial’ subsea engineering procurement removal and disposal (EPRD) contract from Norske Shell in the Atlantic region.The contract outlines 100 combined days of utilization of DOF’s vessels Skandi Hera and Maersk Installer.DOF will deliver an integrated solution of project management, engineering, design, analysis and survey.Described as ‘substantial’ by DOF…
ONE Establishes New Headquarters in Dubai
Ocean Network Express (ONE) has opened a West Asia Regional Headquarters in Dubai. The move aims to expand ONE's growth in the rapidly developing markets of the Indian Subcontinent, Middle East and East Africa.The West Asia Regional Headquarters office will serve as ONE’s central hub across the region, encompassing functions such as commercial activities, customer service, and digitization. It will…
Yard Starts World’s First Container Vessel Methanol Dual Fuel Retrofit
Zhoushan Xinya Shipyard held a steel cutting ceremony on March 8, 2024 for the 14,000 TEU Maersk Halifax methanol dual fuel retrofit project, marking what will be the world's first container vessel methanol dual fuel retrofit.Representatives from Maersk project team, ABS, and headquarters leaders and employees of the company attended the ceremony.The vessel is scheduled to arrive in early July this year and will undergo conversion and repair for a period of about three months.
Yang Ming Starts Using Biofuel
Yang Ming Marine Transport is adopting sustainable biofuel for its fleet, starting at Hong Kong and Singapore, and will now incorporate biofuel into its annual fuel consumption on an on-going basis.The adoption of biofuel began with Yang Ming’s 1,805 TEU class container ship, YM Inception, and 6,600 TEU class container ship, YM Masculinity. These vessels are currently deployed on the Japan to/from Taiwan…
Source of Huntington Beach Oil Spill Uncertain
The Unified Command concluded its response to an oil sheen observed offshore of Huntington Beach, California on Monday, but the source of the oil remains unclear.Over the weekend, cleanup crews recovered approximately 85 gallons of product from offshore recovery efforts and removed roughly 1,050 pounds of oily waste/sand and tar balls from the shoreline.The U.S. Coast Guard and the California Department of Fish and Wildlife…
US-British Forces Strike Houthi Targets in Yemen
Yemen's port city of Hodeidah and other western coastal areas were hit on Monday by a dozen airstrikes attributed to a U.S.-British coalition defending ships in the Red Sea, according to Al Masirah, the main Houthi-run television news outlet.The strikes follow the first civilian fatalities and vessel loss since the Iran-aligned Houthis began attacking commercial shipping in November. They also coincide with the first day of the Islamic holy month of Ramadan…
Furuno Unveils TZtouchXL With Risk Visualizer And AI Avoidance Route
Marine electronics manufacturer Furuno introduced the NavNet TZtouchXL series, a suite of Multi Function Displays (MFDs) designed to meet the requirements of workboat operators, including ferries and tugboats.The NavNet TZtouchXL series encompasses three large-sized MFDs: the 16” TZT16X, 22” TZT22X, and 24” TZT24X. These MFDs feature super-wide, all-glass displays with exceptional clarity and brightness.
NextDecade Targets Train 4 FID at Texas LNG Facility in H2 2024
NextDecade said on Monday it was targeting a final investment decision (FID) and plans to start construction of the fourth liquefaction train at its Rio Grande liquefied natural gas (LNG) facility in Texas by the second half of 2024.The Rio Grande LNG export plant has been in development for several years, suffering repeated delays. Last year the company made an FID to construct the first three liquefaction…