Austal USA Pleads Guilty to Fraud Scheme
Austal USA LLC has pled guilty and has agreed to pay $24 million to resolve an investigation by the U.S. Justice Department related to an accounting fraud scheme and efforts to obstruct the Defense Contract Audit Agency (DCAA) during a financial capability audit.The Justice Department’s criminal resolution was coordinated with the U.S. Securities and Exchange Commission (SEC). Separately, Austal USA…
Bearing AI Names Niels Snog Chief Commercial Officer
Maritime artificial intelligence solutions provider Bearing AI announced the appointment of Niels Snog as Chief Commercial Officer. .Snog was previously CCO at ZeroNorth, and prior to that he was the VP and CCO of Wrist Ship Supply.“I am thrilled to join the team at Bearing AI at this pivotal time,” Snog said. “As the world’s shipping companies increasingly embrace new technologies to optimize fleet decision making…
AiP Granted for Ammonia Release Mitigation System
Azane Fuel Solutions has received Approval in Principle (AiP) from DNV for its Ammonia Release Mitigation System (ARMS).The approval comes as Azane Fuel Solutions continue to develop technologies to safely handle ammonia as a fuel on board ships and builds on the company’s expertise within ammonia bunkering solutions.The Azane ARMS is connected to the vessel’s fuel and engine systems. It gathers the…
Cadeler Boasts Record High Order Backlog
On release of its interim financial report 2024 Cadeler reports that it has delivered results in line with expectations and achieved a record high order backlog.The world’s largest operator in offshore wind installation, operation, and maintenance services also states that in addition to progress on the integration of the Eneti business has achieving synergies above expectations.Cadeler has also added…
Havila Shipping Reports Quarterly Profit
Offshore supply services company Havila Shipping has recorded a profit before tax of NOK 4.0 million ($382,000) in Q2 2024, compared with NOK -5.4 million in Q2 2023.Deals made in the quarter include the agreement with Reach Subsea to extend the contract for the IMR vessel Havila Subsea. The existing contract was due to finish at the end of 2024, but the contract extension is for a firm period of three years, with two one-year options.
Bergen Engines to Power Havbryn’s New Stern Trawler
Bergen Engines announced a new contract with VARD to supply a Bergen B33:45L9P propulsion engine to the Norwegian owner Havbryn AS, a part of Strand Rederi. The vessel will be built in VARD’s 8 02 design and operate on a hybrid diesel-electric propulsion system, minimizing fuel consumption and greenhouse gas emissions while in operation.The new stern trawler, with a length of 80.4 meters and a beam of 16.7 meters…
New Ultra-large Container Vessel Delivered to Hapag-Lloyd
German ocean carrier Hapag-Lloyd announced it has taken delivery of a new ultra-large container vessel from South Korean shipbuilder Hanwha Ocean.The 399-meter-long, 23,660 TEU Hamburg Express is the seventh newbuild in a series of 12 "Hamburg Express" class containerships—the largest to ever sail under the German flag. The series' first vessel, Berlin Express, was delivered in 2023, and the remaining…
Houthi-hit Tanker Sounion Appears to Be Leaking Oil
The Greek-flagged crude oil tanker Sounion that was recently attacked by Yemen's Houthis is still on fire in the Red Sea and now appears to be leaking oil, a Pentagon spokesman said on Tuesday.The Sounion was targeted last week by multiple projectiles off Yemen's port city of Hodeidah. The Houthis, who control Yemen's most populous regions, said they attacked it in the Red Sea, as the Iran-aligned…
Indian Port Strike Averted After Last-minute Wage Deal Reached
Nearly 20,000 workers across major Indian ports, who had threatened to go on an indefinite strike from Wednesday, called off their walkout late on Tuesday, after agreeing to a new five-year deal.The agreement averted further issues in an already-strained global supply chain, which is struggling with higher freight costs and congestion at major Asian and European ports.The workers' unions agreed to an 8.5% pay increase over a period of five years…
Yacht's Captain Keeping Silent in Bayesian Sinking Probe
The captain of the luxury yacht owned by the family of British tech magnate Mike Lynch that sank off Sicily last week declined to respond to prosecutors during questioning on Tuesday, one of his lawyers said.James Cutfield, a 51-year old New Zealand national, was put under investigation on Monday by Italian prosecutors."The captain exercised his right to remain silent for two fundamental reasons," lawyer Giovanni Rizzuti told reporters."First, he's very worn out.
ABS Wavesight Debuts Web-based Version of Its Nautical Systems Platform
ABS Wavesight, the ABS-affiliated software-as-a-service company, launched the latest module of Nautical Systems (NS) - Web, the web-based version of its flagship NS platform. Building on the foundation of the on-premise Nautical Systems software, NS - Web delivers the features and functionality required for modern fleet management, enhanced with the flexibility, accessibility, and scalability of a web-based solution.
WE Tech Solutions to Supply Hybrid Electric System for Sirius’ New Chemical Tankers
WE Tech Solutions informs it has received an order from Sirius Shipping for a hybrid electric system for their new chemical tankers. For this order, WE Tech Solutions will provide the Solution Four for the tanker pair. This solution is based on a battery hybrid shaft generator solution. The solution makes it possible to run the main motor at variable speed, and the propulsion machinery can be operated at optimal duty points at all vessel speeds.
Royal Caribbean Orders Up to Three Mega Cruise Ships from Meyer Turku
Royal Caribbean Group on Tuesday announced an agreement with Finnish shipbuilder Meyer Turku for the construction of up to three new Icon Class vessels—the world's largest cruise ships. The deal includes one firm order for scheduled delivery in 2027 plus options for two additional vessels.The U.S.-based cruise giant has been steadily growing its capacity amid continued strong demand across the cruise sector…
Strategic Marine Delivers Fast Crew Boat Pair to ADNOC L&S
Singapore-based shipbuilder Strategic Marine announced it has delivered two 42-meter Fast Crew Boats (FCB) to ADNOC L&S, the global energy maritime logistics arm of UAE's ADNOC Group.The 42m FCBs are equipped with advanced technology such as gyro-stabilization to reduce vessel rolling motion and hybrid systems for carbon reduction and increased efficiency, the builder said. In addition, the newbuilds each feature an optimized hull design for enhanced speed and fuel efficiency…
Meet the CTO: Dr. Gunnar Stiesch, MAN Energy Solutions
As the shipowners stare down decarbonization mandates that grow increasingly strict through 2050, the engine makers are at the tip of the spear of this energy transition phenomena, working to design and build engines and components that are built to operate on a long and growing list of alternative fuels. We recently visited with Dr. Gunnar Stiesch, CTO, MAN Energy Solutions, to take a look inside the research and development process at this global power leader…
LCO2 Vessels Focus of New Study, Target 2028
“K” LINE, MOL, NYK Line, Mitsubishi Shipbuilding, Imabari Shipbuilding, JMU, and Nihon Shipyard have started a joint study to establish standard specifications and…
New Emergency Vessel Part of Equinor Plan to Fortify Barents Sea Safety
Equinor will establish and operate a new area-wide emergency preparedness solution for the southwestern Barents Sea."Together with the other operators, the authorities and the supply industry, we have through 50years developed the preparedness for the fields in the North Sea and in the Norwegian Sea. With Johan Castberg coming on stream towards the end of the year and increased activity in the north…
LR Type Approval for Zelim Swift Man Overboard Recovery System
Zelim’s SWIFT man overboard recovery device has received full type approval from classification society Lloyd’s Register, paving the way for the maritime industry’s widespread use of the sea survival safety system.Did You Know? It is estimated that only 17% to 25% of passengers that fall from cruiseships voyages survive. And of all the 308 man overboard incidents reported to the UK’s Marine Accident Investigation Board (MAIB) between 2015 and 2023…
KOTUG Vessels Support ENI Congo LNG Project
KOTUG International B.V.won a contract for ENI Congo to deliver critical marine services for the Congo LNG project. This project, situated offshore the Republic of Congo, includes the Tango FLNG and the Excalibur Floating Storage Unit (FSU), with a second FLNG currently under construction.Under the terms of the contract, KOTUG will deploy three Rotortugs to support a range of operations, including mooring and unmooring of vessels…
Telemar to Provide Support Services to GNV
Telemar, a provider of smart maintenance and remote access technologies, signed an agreement with GNV (Grandi Navi Veloci) to provide safety maintenance services on its growing fleet.GNV has awarded Telemar a contract for management and maintenance of GMDSS and navigation safety installations on its newbuildings GNV Polaris, GNV Orion and GNV Virgo, constructed at CSSC shipyard Guangzhou. These new ships…