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Vallianz to Build Hybrid Heavy Transport Vessel for Ever-growing Offshore Wind Components
![Image credit: Vallianz](https://images.marinelink.com/images/maritime/w200h200c/image-credit-vallianz-133135.png)
Singapore-based shipowner Vallianz has partnered up with Ulstein Design & Solutions B.V, Shift Clean Energy, and Bureau Veritas to design and build a heavy transport vessel (HTV) that will be "the first of its kind in the global offshore wind industry."The HTV is planned to be deployed for the transportation of structures such as monopiles, jackets, transition pieces and turbine blades to support offshore wind farm projects…
Tankers Divert to Trinidad, Maryland After Freeport LNG Blast
At least six tankers set to load liquefied natural gas (LNG) at Freeport LNG this month have been diverted following the June 8 blast that shut the Texas facility…
Germany's Scholz Hopes for Baltic Sea LNG Terminal within Months
![© NPershaj / Adobe Stock](https://images.marinelink.com/images/maritime/w200h200c/npershaj-adobe-stock-133105.jpeg)
German Chancellor Olaf Scholz said he was confident liquefied natural gas (LNG) could start flowing into the country via the Baltic Sea port of Lubmin within a matter of months, as Germany rushes to phase out Russian energy imports."Our goal is to get as much as possible there by the turn of the year, or a little bit later, so we can get gas quickly from wherever," Scholz said on Tuesday in Berlin…
MAN ES, UGS Make Joint Decarbonization Commitment
![Pictured in Athens (from left to right): John C. Lyras, former President, current Board member and Chairman of the Foreign Affairs Committee, UGS; Dionissis Christodoulopoulos, Managing Director, MAN Energy Solutions Hellas; Melina Travlos, President of UGS; Wayne Jones OBE, Member of Executive Board – Global Sales & After Sales – MAN Energy Solutions; Dimitris Fafalios, Secretary of the Board /Chairman of Maritime Safety & Marine Environment Protection Committee, UGS. Image courtesy MAN Energy](https://images.marinelink.com/images/maritime/w200h200c/pictured-in-athens-from-left-133089.jpg)
Following a meeting during the 2022 Posidonia trade fair in Athens, MAN Energy Solutions and the Union of Greek Shipowners (UGS) announced their mutual commitment to a policy of decarbonization, especialy in regard to the testing and development of alternative fuels and, more generally, the maritime value chain. This recognises the vital role that engine designers and manufacturers play, and that shipping’s…
Stena, Wärtsilä to Build World’s Largest Hybrid Ship
![Photo © Brittany Ferries.](https://images.marinelink.com/images/maritime/w200h200c/photo-brittany-ferries-133085.jpg)
Wärtsilä will supply its hybrid propulsion system for three new RoPax vessel currently built for Stena RoRo, Europe´s largest ferry company. Two of the ferries will have a battery capacity of 11.5 MWh, reportedly making them the marine industry’s largest hybrid vessels to date.“Stena wants to be a frontrunner in decarbonizing our fleet and, together with our partners, pushing developments towards zero emission operations,” says Per Westling, Managing Director, Stena RoRo.
Sovcomflot Fleet Fully Covered by Russian Insurers, CEO Says
![© Andrey Sharpilo / Adobe Stock](https://images.marinelink.com/images/maritime/w200h200c/andrey-sharpilo-adobe-stock-133070.jpeg)
Russia's state-run Sovcomflot has insured all its cargo ships with Russian insurers and the cover meets international rules, the chief executive said, after Western insurers withdrew cover.Western insurers halted insurance cover for Russia's biggest shipping group when Sovcomflot was hit by sanctions after Moscow sent troops across the border into Ukraine.Sources told Reuters this month that state-controlled Russian National Reinsurance Company had become the main reinsurer of Russian ships…
First Hydrocarbons Introduced into Coral South FLNG Offshore Mozambique
![Coral South FLNG - Credit: Eni](https://images.marinelink.com/images/maritime/w200h200c/coral-south-flng-credit-eni-133047.jpg)
Italian oil and gas company Eni said Saturday that the first hydrocarbons had been introduced from the Coral South reservoir offshore Mozambique into the Coral South FLNG unit.Eni operates the offshore Area 4 where the Coral South FLNG is located. Eni's partners are ExxonMobil, CNPC, GALP, KOGAS, and ENH.Coral South, also known as Coral Sul, FLNG will now be ready to achieve its first LNG cargo in the second half of 2022…
Costa Toscana: Costa Cruises Christens New LNG-powered Flagship in Barcelona
![Costa Toscana in Barcelona - Credit: Bartolomej Tomić](https://images.marinelink.com/images/maritime/w200h200c/costa-toscana-in-barcelona-credit-133020.jpg)
Italian cruise line Costa Cruises on Thursday held a christening ceremony for its new flagship, the Costa Toscana, in the port of Barcelona, Spain.The LNG-powered, Italian-flagged ship sailed away from Civitavecchia, Italy on Monday, making a stop in Naples on Thursday, before arriving in Barcelona on Thursday for the christening ceremony. The 337-meter ship is one of the largest ocean liners and can accommodate 6,554 passengers.
Master Boat Builders Building Second Tug for PNE
![The MBB-built tug Polaris was handed over to Polaris New Energy, LLC earlier this year. (Photo: Master Boat Builders)](https://images.marinelink.com/images/maritime/w200h200c/the-mbbbuilt-tug-polaris-was-133015.jpg)
Coden, Ala. shipbuilder Master Boat Builders, Inc. on Thursday announced the construction of a new 4,000-hp tug for PNE Marine Holdings, LLC. Slated for delivery in 2023, the new tug is the sister ship to Polaris, which was handed over to Polaris New Energy, LLC earlier this year.The sister ship to Polaris will be coupled with a barge currently under construction at Fincantieri Bay Shipbuilding Company…
Ban on Russian Commodity Exports to Accelerate LNG Growth, Energy Transition - Wood Mackenzie report
![Copyright tarikdiz/AdobeStock](https://images.marinelink.com/images/maritime/w200h200c/copyright-tarikdizadobestock-132988.jpg)
War in Ukraine is transforming the outlook for the supply, demand and price of hydrocarbons and the pace and cost of the energy transition. While the precise timing and implementation of future bans on Russian commodity imports are difficult to predict, a rewriting of energy trade flows is now underway. With the global economy on a knife edge and energy prices structurally higher, there a real risk of some global supply being lost.
Batteries, Fuel Cells, Solar, Wind Power and More: Cruise Operator Costa Group Sets Up Decarbonization Department
![Credit: Costa Group](https://images.marinelink.com/images/maritime/w200h200c/credit-costa-group-132966.jpg)
The European cruise company, Costa Group, with its Costa Cruises and AIDA Cruises brands, which is part of Carnival Corporation, has created a dedicated decarbonization department within its Carnival Maritime unit based in Hamburg, Germany.The new department will be responsible for developing and implementing the strategy for achieving the decarbonization ambitions of the Costa and AIDA fleets by 2050.
LNG Carrier Spot Charter Rates Hit Record Highs
![© NPershaj / Adobe Stock](https://images.marinelink.com/images/maritime/w200h200c/npershaj-adobe-stock-132944.jpeg)
Spot-market rates for liquefied natural gas (LNG) tankers this week set annual records as traders bid up available vessels to meet rising global demand for the chilled gas, according to brokers.Soaring demand for LNG and buyers shunning Russian cargoes and vessels over its invasion of Ukraine have led to more long-term charters, limiting the supply of vessels to the spot market, said shipbroker and…
Bourbon Extends Support for Construction at BP's GTA Hub
Bourbon Mobility said it has been tapped to provide additional support Saipem for the construction of the liquefied natural gas (LNG) terminal on BP’s Greater Tortue…
Freeport LNG Targets Year End for Full Operations After Fire
![(File photo: Freeport LNG)](https://images.marinelink.com/images/maritime/w200h200c/file-photo-freeport-lng-132941.jpg)
Freeport LNG, one of the largest operators of liquefied natural gas export plants in the United States,on Tuesday said last week's fire damage to its Texas plant would keep it fully offline until September with only partial operation through to the year end.Natural gas prices slumped in the United States and soared in Europe on the lengthier shutdown as the Quintana, Texas, facility produces roughly 20% of U.S.
WinGD and Hyundai Heavy Industries Developing Ammonia Two-stroke Engine
![Barbara Graziano, Ammonia Technology WinGD Project Manager in the combustion lab (Photo: WinGD)](https://images.marinelink.com/images/maritime/w200h200c/rbara-graziano-ammonia-technology-wingd-132929.jpg)
WinGD and Hyundai Heavy Industries’ Engine Machinery Division (EMD) are working together to deliver the first WinGD engine capable of running on ammonia, as the shipping industry continues to progress toward decarbonization.Under an memorandum of understanding (MOU) signed during the Posidonia exhibition on June 7, the partners will aim to deliver a first engine by 2025, in line with WinGD’s previously announced timeframe for bringing ammonia engines to market.
U.S. Natgas up 2% on Higher Demand, Soaring Global Prices
![Copyright Jon Le-Bon/AdobeStock](https://images.marinelink.com/images/maritime/w200h200c/copyright-jon-lebonadobestock-132919.jpg)
U.S. natural gas futures edged up about 2% on Tuesday on record power demand in Texas, forecasts for more gas demand over the next two weeks than previously expected, a reduction in gas output, low wind power and much higher global gas prices.Power demand in Texas failed to hit a new all-time high on Monday due to less hot weather, but will likely break peak use records on Tuesday and later this week as homes and businesses keep air conditioners cranked up to escape a lingering heatwave.
Avenir Delivers LNG & BioLNG to TT-Line in Lübeck
![(Photo: Avenir LNG)](https://images.marinelink.com/images/maritime/w200h200c/photo-avenir-lng-132885.jpg)
Avenir LNG announced its wholly owned subsidiary Avenir Marine has organized the first LNG and BioLNG delivery in the Port of Lübeck, Germany. On June 10, the chilled fuel was bunkered into TT-Line’s new RoPax ferry Nils Holgersson at the Scandinavian quay of the Baltic Sea port.To execute the operation Avenir teamed up with LIQUIND 24/7 GmbH, a leading German LNG infrastructure provider, and Landwärme GmbH, one of Europe’s leading biomethane traders.
Suez Canal Says LNG, LPG Carrier Rebates Extended to End of 2022
![Copyright alexyz3d/AdobeStock](https://images.marinelink.com/images/maritime/w200h200c/copyright-alexyz3dadobestock-132875.jpg)
Egypt's Suez Canal has extended rebates on canal tolls for liquefied petroleum gas (LPG) and liquefied natural gas (LNG) carriers from July until the end of the year, the canal authority said in circulars published on its website.LPG tankers operating between the American Gulf and ports west of India, on the Maldives islands and at Kochi will receive a rebate of 20% on the canal's normal tolls, according to a circular published on its website on Monday.Those operating from ports east of Kochi to
Demand Grows for OSVs in the Offshore Floating Production and Storage Energy Sector
![Copyright Igor Kardasov/AdobeStock](https://images.marinelink.com/images/maritime/w200h200c/copyright-igor-kardasovadobestock-132874.jpg)
Over the last year we have seen an upswing in floating production and storage systems ordering after many years of low activity. According to our colleagues at World Energy Reports, “The global oil and natural gas markets are contending with rebounding energy demand on top of supply disruptions from Russia’s invasion of Ukraine. As a result, activity and business sentiment in the floating production…
Disney Cruise Line Takes Delivery of Disney Wish
![(Photo: Disney Cruise Line)](https://images.marinelink.com/images/maritime/w200h200c/photo-disney-cruise-line-132858.jpg)
Disney Cruise Line has taken delivery of the 144,000 GT Disney Wish, its first new cruise ship in more than a decade.The fifth ship in the Disney fleet, the liquefied natural gas (LNG)-fueled vessel was built by German shipyard Meyer Werft and officially handed over during a ceremony in Bremerhaven on Thursday. Disney Cruise Line president Thomas Mazloum and Meyer Werft managing director Jan Meyer…
Icebreaking LNG Carrier Vladimir Rusanov on Ice Trials
![](https://images.marinelink.com/images/storage/w150h150c/dzb9n6nw4aasept.jpg)
Maritime Reporter TV Interviews Timo Koponen, Wärtsilä
![](https://images.marinelink.com/images/storage/w150h150c/662036de.jpg)
Digitalization Driving Safety in the Maritime Sector
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Designer seeks permit to send out United States gas to Mexico for LNG exports
![](https://images.marinelink.com/images/storage/w150h150c/roundex-adobe-stock-149830.jpeg)
Video: LNG Carrier Transits the Northern Sea Route
![](https://images.marinelink.com/images/storage/w150h150c/eduard-toll-northern-sea-route-passage-1.jpg)
Crowley Christens LNG-Powered ConRo
![](https://images.marinelink.com/images/storage/w150h150c/0x4a1012-bhdisplay.jpg)
Pasha Hawaii Brings LNG Containerships Online
![](https://images.marinelink.com/images/storage/w150h150c/nicksouzahnl1.jpg)
LNG Investment Set to Grow
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Maritime Reporter TV Interviews Leif Gross, Caterpillar
![](https://images.marinelink.com/images/storage/w150h150c/74b84e3d.jpg)
Inside Crowley's Commitment Class ConRo Ships
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