BAR Tech Signs European Supplier for Wind Propulsion Systems
BAR Technologies, a developer of wind propulsion systems, has entered into partnership with floating offshore wind platforms pioneer Nervion Naval Offshore to manage and oversee the production of BAR Technologies’ wing sail design WindWings in Europe.The agreement with Nervion, a company owned by Amper Group and with factories in Ferrol and As Somozas in Galicia, Spain, is the first manufacturing partnership for BAR Technologies outside of China.It is expected to provide European customers…
Euronav Concludes Billion-Dollar Acquisition of CMB.TECH
Belgian tanker operator Euronav has concluded the acquisition of 100% shares in cleantech maritime group CMB.TECH for $1.15 billion in cash.The transaction is part of Euronav’s renewed strategy of diversification, decarbonization and accelerated optimization of the its current crude oil tanker fleet, driven by CMB.TECH’s ‘future-proof’ fleet of 106 low carbon vessels, of which 46 are under construction.It was first announced in December 2023…
Damen Delivers Newbuild Dredger to Indonesian Customer
Dutch shipbuilder Damen has delivered the first-of-its-series Cutter Suction Dredger (CSD) 600 to an Indonesian customer, PT. Dua Samudera Perkasa.The vessel was sold immediately after completion at the Damen Dredging Equipment yard. It form part of a complete dredging package, which includes ship transportation, training of the crew on location as well as dredge spares to facilitate maintenance duties.The CSD600…
Altera Hires DOF to Install Voyageur Spirit FPSO Offshore Ivory Coast
Altera Infrastructure has hired DOF to install Voyageur Spirit floating production, storage and offloading (FPSO) unit as well as one floating storage unit (FSO) at Eni-operated Baleine oil field offshore Ivory Coast.The project includes the complete installation of seabed mooring systems, flowline between the FSO – a converted shuttle tanker Nordic Brasilia - and the Voyageur Spirit FPSO, along with…
Gasum to Manage Wasaline’s Emissions Allowances
Finnish state-owned energy company Gasum has been selected by shipping company Wasaline to manage its EU Allowances (EUA) portfolio.The partnership will enable Wasaline to better predict and manage the costs of its emissions allowances, according to the company.The EU emissions trading system has included the maritime sector since the beginning of this year.Outsourcing their emissions trading and EUA…
Subcontinent Ship Recycling Market Remarkably Quiet
Despite the Pakistani & Bangladeshi markets stabilizing and displaying a far greater aggression at the bidding tables over the last five weeks, it has been a remarkably quieter start to 2024 for ship recycling than many had anticipated, says cash buyer GMS.With Houthi attacks, trading markets have remained unseasonably firmer, thereby delaying the historical ‘post-New Year aggression’ from the sub…
FMC Mulls Investigation into Suez and Panama Canal Impacts
The US Federal Maritime Commission (FMC) held an informal public hearing examining impacts from attacks on merchant shipping in the Red Sea and Gulf of Aden on February 7.Opening the hearing, Commissioner Carl Bentzel, voiced concern about safe access through both the Suez and Panama Canals.“What is at stake is severe international economic disruption. The United States is still recovering from the…
QatarEnergy Selects Nakilat to Own and Operate 25 LNG Vessels
QatarEnergy has selected Qatar Gas Transport Company Limited (Nakilat) to be the owner and operator of up to 25 conventional-size LNG carriers pursuant to Time Charter Parties (TCP).The 25 vessels, each with a capacity of 174,000 cubic meters, will be owned 100% by Nakilat and chartered out to affiliates of QatarEnergy. They are scheduled for construction at South Korean shipyards.This constitutes…
Russia Says it Foiled Ukrainian Drone Attack on Civilian Cargo Ships
Russia said on Saturday it had repelled an attempted Ukrainian drone attack on Russian "civilian transport ships" on Friday evening in the southwestern part of the Black Sea, a key artery for grain and oil exports from both countries.Civilian vessels on the Black Sea have not generally been targeted since Moscow ordered its troops into Ukraine in February 2022, but last July both sides said they would…
US Strikes Unmanned Surface Vessels Near Yemen
U.S. Central Command (CENTCOM) said on Sunday its forces on Feb. 10 had carried out strikes on two unmanned surface vessels (USVs) and three anti-ship cruise missiles north of Yemen's port city of Hodeidah that were threatening ships in the area."CENTCOM identified these USVs and missiles in Houthi-controlled areas of Yemen and determined they presented an imminent threat to U.S.
Steel Cutting Ceremony Held for Fifth NSMV
Philly Shipyard on Friday held a keel laying ceremony for the fifth and final vessel in a series of new purpose built, state-of-the-art training ships for America’s state maritime academies.The U.S. Department of Transportation’s Maritime Administration (MARAD) new vessel program – known as National Security Multi-Mission Vessels (NSMVs) – was designed to provide world-class training for America’s…
Seaspan Builds ‘Prototype Block’ for Canadian Polar Icebreaker Program
Seaspan Shipyards announced it has completed construction of the ‘Prototype Block’ for the Canadian Coast Guard’s (CCG) Polar Icebreaker program. Construction of this Prototype Block ensures that Seaspan has the proper processes, procedures, equipment and skills necessary to build the first heavy Polar Icebreaker in Canada in more than 60 years.Seaspan said it developed and built the Prototype Block…
Israel Intercepts 'Suspicious Target' off Haifa
Israel's military said it had intercepted a "suspicious aerial target" on Friday off the northern port city of Haifa amid high tension along its frontier with Lebanon.The seaports of Haifa and Ashdod are crucial gateways for Israel's trade.An Israeli military spokesperson said the target had not caused any damage or injuries."I cannot confirm exactly how close it was to the port, but the fact that, according to protocol, no sirens were sounded means that it was far enough," the spokesperson said
More Grain Ships Diverted from Red Sea Due to Houthi Attacks
More ships carrying grain were diverted from the Suez Canal to sailings around the Cape of Good Hope this week as concern about attacks on vessels in the Red Sea continued, shipping analysts said on Friday."Another 13 vessels were diverted this week taking the total cargo diverted away from the Red Sea route to around 5.2 million metric tons of grains in about 90 ships since the attacks started late last year…
Furetank Orders Two More Vessels
Furetank adds another two Vinga vessels to the order line. Upon delivery, Furetank’s fleet will consist entirely of environmentally proven, top standard vessels with an average age of two years, the company said."We did our homework. This development towards sustainability has been an amazing journey," said Furetank CEO Lars Höglund.The vessels are number 20 and 21 in the Vinga series of intermediate size product tankers and will be fully owned by Furetank Rederi AB.
Kongsberg Discovery Wins US Navy DIU Contract
Kongsberg Discovery announced a Defense Innovation Unit (DIU) award to assist in the U.S. Navy’s Large Displacement Unmanned Underwater Vehicle (LDUUV) prototype.Kongsberg Discovery has been awarded a contract with the Defense Innovation Unit (DIU) to rapidly deliver HUGIN Autonomous Underwater Vehicle (AUV) capabilities for the U.S. Military. The total contract could result in the Navy acquiring HUGIN Endurance and HUGIN Superior deep-water AUV systems.HUGIN Endurance…
Metal Shark Boosts Production Capacity with Third Louisiana Facility
U.S.-based boat builder Metal Shark is expanding its presence in its home state of Louisiana with the addition of a third manufacturing facility and a new recruitment effort.The expansion follows the recent divestiture of its Alabama-based ship refit and repair business, after the company sold its operations to Birdon America.With a new 40,000 square foot manufacturing facility in Iberia Parish, Louisiana…
Gladys Goh takes the Helm at Nippon Paint Marine
Nippon Paint Marine appointed Gladys Goh as its President, effective immediately, making her the first female and foreign national to lead a principal operating company in Japan. The marine division is the founding business for the 140-year-old Nippon Paint Holdings Group, a leader and pioneer in marine paint and Goh Gladys joined Nippon Paint Malaysia in 2006, driving the brand to become Malaysia's top coatings provider and subsequently led expansion into new markets.
US to Establish National Offshore Wind Center of Excellence
The U.S. Department of Energy (DOE) has set out plans to invest $4.75 million to establish a new national center of excellence to accelerate offshore wind deployment across the United States.The Academic Center for Reliability and Resilience of Offshore Wind (ARROW), led by the University of Massachusetts Amherst with approximately 40 partners, will focus on workforce development, targeted research…
Russia's Arctic LNG 2 Last Line is on Hold
The third and the last train of the Arctic LNG 2 project in Russia has been put on hold but the second train is likely to be installed, the head of stakeholder TotalEnergies' said.The liquefied natural gas (LNG) project in the Russian Arctic has faced challenges from U.S. sanctions imposed on the project last November over the conflict in Ukraine, and subsequent force majeures by shareholders.At the end of 2023 Arctic LNG 2 started tentative production at its first train…