TMC Compressors to Provide Equipment for Newbuild FPSO
Chinese shipbuilder China Merchant Heavy Industries (CMHI) has contracted TMC Compressors (TMC) to deliver the completed marine compressed air system to a newbuild FPSO the Chinese yard is constructing for the Dutch FPSO leasing firm SBM Offshore.Under the contract, TMC will provide a large-capacity marine compressed air system, including compressors for control and service air on board the FPSO.TMC will manufacture and assemble the equipment in Europe and deliver it to CMHI in China.
First Turbine Installed for Vineyard Wind 1
The first GE Haliade-X wind turbine generator has been installed at the Vineyard Wind 1 project in the US.The completed turbine is comprised of one tower, three blades, and one nacelle, and the fully assembled machine represents the largest turbine in the western world, with a nameplate capacity of 13MW, capable of providing power to more than 6,000 homes and businesses in Massachusetts, says project partners Avangrid Inc.
PivotBuoy Offshore Wind Demonstration Yields Positive Results
The PivotBuoy Project, developed by X1 Wind, finalized its offshore demonstration with partners reporting excellent results.The PivotBuoy Consortium partners are X1 Wind, ESM, WavEC, PLOCAN, INTECSEA, EDP, DTU, DNV GL, and DEGIMA. The project aimed to demonstrate the PivotBuoy mooring system configuration which combines the advantages of a single point mooring with a small tension-leg platform (TLP) mooring system…
IMRF Announces 2023 SAR Award Winners
The International Maritime Rescue Federation (IMRF) has announced the winners of this year’s IMRF Awards, which recognize all those involved in global maritime search and rescue (SAR) efforts.The IMRF Awards acknowledge those that have shown excellence in their field, developed innovative technology and equipment, or acted as a role model to inspire others. The awards also shine a light on those colleagues who offer the tireless support…
AAPA Urges Swift Adoption of Stauber Amendment
The American Association of Port Authorities (AAPA) has voiced strong support of Representative Pete Stauber’s (R-Minn.) amendment to the Transportation Housing and Urban Development (THUD) Appropriations bill which, if implemented, would restore funding for the Port Infrastructure Development Program (PIDP).“The Feds have made a serious, laudable, bipartisan down payment on port infrastructure modernization with $1.45 billion awarded through PIDP so far.
RCP Finance Secures Funding for Fuel Distributer in Maldives
Independent finance and capital structuring partner RCP Finance has successfully secured a $15 million credit facility from a leading Asian lender for The Hawks Pvt Ltd., a distributor of high-quality fuel in the Maldives.The Hawks caters to a range of local businesses including resort hotels, super yachts and navy vessels, with a total portfolio of more than 452 clients.Part of the credit facility has been used to facilitate the acquisition of the Bro Developer…
Converted OSV Enters Service in the UK as an Underwater Surveillance Ship
A converted offshore support vessel has taken on a new life as a dedicated underwater surveillance ship for the U.K.'s Royal Navy.Christened during a ceremony in London on October 10, RFA Proteus will be operated by the Royal Fleet Auxiliary as a launchpad for remotely operated underwater vehicles (ROV) and a home to a suite of specialist capabilities similar to those found in the offshore oil and gas industry.The ship…
Norwegian Navy Shadows Chinese Vessel Probed over Baltic Pipeline Damage
A Norwegian Navy ship shadowed a Chinese container ship investigated over damage to a gas pipeline in the Gulf of Finland for about 15 hours as it sailed along the western coast of Norway on Monday…
Fast Lines Belgium Orders Two Combi Freighters from Damen
Damen Shipyards announced it has signed a contract with Belgian shipping company Fast Lines Belgium for the delivery of two Damen Combi Freighter 3850 (CF 3850).“These will be our first newbuild vessels, and we are confident that the Damen CF 3850 vessels will fit like a glove in the Fast Lines Belgium’s business,” said managing director Catrien Scheers. “Not only are they economical and efficient…
Russia's Western Sea Port Oil Exports Seen Falling as Refinery Runs Rise
Russia's oil exports via its western sea ports in November may fall by some 300,000 barrels per day (bpd) after ample supplies in September-October as domestic refineries are expected to raise runs as seasonal maintenance ends, three sources familiar with the plans said.Urals, Siberian light and KEBCO crude oil exports from Primorsk, Ust-luga and Novorossiisk ports are set to decline by some 300,000 bpd from October to slightly above 2 million bpd…
Shell's Australian FLNG Facility Poised for Mid-November Restart
Shell is expected to complete maintenance at its flagship Prelude liquefied natural gas (LNG) facility off Australia by mid-November, two sources close to the project…
Hanwha Ocean Eyes Submarine Exports to Canada, Philippines, Poland - official
South Korea's Hanwha Ocean has pitched offers to build submarines to Canada, the Philippines, and Poland, a company official said on Wednesday, as the country pushes to become one of the world's top four defense exporters.Canada is studying potential builders for new submarines and has expressed interest in Hanwha Ocean among other foreign rivals, Kim Seung-min, leader of Hanwha Ocean's naval and special ship overseas marketing team…
Oil Tanker Hit by US Sanctions Heads to Texas for Unloading - Exxon
An oil tanker that the U.S. government imposed sanctions on for recently carrying Russian oil above the Western price cap is proceeding to the Baytown refinery in Texas for unloading…
Shipping Industry Off Track to Meet 5% Zero-emission Fuel Target by 2030
The world is not on track for zero-emission fuels to account for 5% of international shipping fuels by 2030, a new analysis has found, jeopardizing the shipping industry's 2050 decarbonization goal.Launched at the Global Maritime Forum's annual summit in Athens on Wednesday, the assessment finds that current scalable zero-emissions fuel (SZEF) production in the pipeline would cover just a quarter of the fuel needed by 2030. And the delivery of zero-emission vessels is also faltering.
1993-built Passenger Vessel Sees 23% CO2 Emission Reduction after Eco-Makeover by Kongsberg
Kongsberg Maritime, a Norwegian maritime equipment and technology specialist, announced a 23% reduction in CO2 emissions on the 121-meter passenger vessel MS Richard With, which is owned by Hurtigruten, a coastal ship operator and adventure travel company.The vessel finished an extensive refit last summer using Kongsberg Maritime engineering and technology and has now completed its first year back in service.Last year…
Capesize Order Book Slips to 5% of Fleet
“At the start of October, the capesize order book was at 20 million DWT, a mere 5% of the capesize fleet. The contracting of newbuild capesize ships has gradually decreased since its peak in 2013 and only 5 million DWT were contracted so far in 2023, down 4% y/y. Low freight rates paired with a young fleet are keeping the order book small,” says Filipe Gouveia, Shipping Analyst at BIMCO.Contracting of newbuild ships typically increases following periods of high freight rates.
NYK and Partners Launch Sound-Analysis Tool
Nippon Yusen Kabushiki Kaisha (NYK), MTI, and Nabtesco Corporation have developed an electric diagnostic tool that records, visualizes, and analyzes the operational sounds of a vessel's engine plant for early anomaly detection.The device has been named “Kirari MUSE” and can store operational sounds from the equipment as data and use it to diagnose equipment conditions.Listening rods made of elongated metal are already widely used for diagnosing equipment conditions.
Sinwa Group to Acquire Francois Marine & Offshore
Sinwa Group announced it has reached an agreement to acquire Francois Marine & Offshore from Northern Marine Group.Francois Marine & Offshore has Asian ship supply operations and infrastructure in Singapore, Hong Kong, Shanghai and Busan. The acquisition does not include the subsidiary Francois Marine B.V in Rotterdam, nor Francoise Offshore Catering.Thomas Zimmerhaeckel, Sinwa chairman and managing partner at Asean Strategic Partners…
Neu Seeschiffahrt to Implement Yara Marine’s FuelOpt
German shipping company Neu Seeschiffahrt has inked a deal to install Yara Marine Technologies' (YMT) propulsion optimization technology across its fleet of six very large ore carriers (VLOC) and two recently acquired Newcastlemax vessels in 2024.YMT's FuelOpt system reduces fuel consumption and associated emissions by automatically adapting the vessel’s propulsive power to real-time environmental conditions.
Amogy: Policy and Standards Needed for Ammonia
Ammonia-to-power solutions company Amogy Inc. has released a white paper titled "Ammonia as a Clean Energy Solution for Maritime Use."Ammonia has emerged as a promising fuel source for a wide range of vessel types, but realizing its potential requires a combination of production incentives, sector-specific policies, and standardized ammonia usage practices throughout the maritime value chain.The white paper examines ammonia's pivotal role in decarbonizing maritime applications.
