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Did You know? Fancy Bear, Cozy Bear, Stately Taurus More Menacing Than They Sound
What drives cyber attackers and what are their main motives for malicious online activities? Who are the most prominent attackers in the maritime industry and how do they do it?According to the report from Marlink’s Security Operations Center on cyber security threats, cyber attackers targeting the maritime industry had a few main motives.Two of the main are operational disruption and financial fraud…
Did You Know? TOP 5 Vulnerabilities Exploited by Ransomware Groups
Cyber Security in the maritime and offshore energy space has come front and center, with new Cyber Security rules expected soon from the U.S. Coast Guard.How will these new rules impact your bottom line? If you are in New Orleans on November 13, 2024, sign up now for a free lunch and moderated conference discussion on new United States Coast Guard (USCG) cyber security rules and their impact on the vessel owner/operators, OEMs and shipyards. Featured speakers include:Rear Admiral Wayne R.
Russia Opts for Ship-To-Ship LNG Transfers to Free Up Ice-Class Tankers
Russia plans to arrange ship-to-ship transfers of liquefied natural gas and gas condensate in the Barents and Bering Seas to free up more ice-class tankers for its biggest LNG producer, Novatek, a draft project document showed on Tuesday.Novatek has been pressing ahead with its new Arctic LNG 2 project despite Western sanctions restricting access to the tankers it needs to carry LNG along the Northern Sea Route to Asian markets.
MOL Inks Charter for Singapore’s First FSRU with Singapore LNG Corp
Mitsui O.S.K. Lines (MOL) has signed an agreement with Singapore LNG Corporation, Singapore's state-owned LNG terminal operator, on a long-term time charter contract for one newbuilding floating storage regasification unit (FSRU).The FSRU will be built at Hanwha Ocean in South Korea. After delivery, planned for 2027, MOL will own, manage, and operate the FSRU.The 200,000 m3 FSRU will be moored at the Jurong Port in Singapore…
French Firm Secures Service Contract for Coral Sul FLNG Off Mozambique
GTT, the technology expert in membrane containment systems for the transport and storage of liquefied gases, has signed a service contract with Coral FLNG for Eni-operated Coral Sul FLNG unit.Under the agreement, GTT will provide technical support services to ensure the efficient operation and maintenance of the LNG storage tanks on board of the Coral Sul FLNG.These services include on-site and remote technical assistance…
Seatrium Secures Two CCS Retrofits
Seatrium has secured multiple contracts for repairs and upgrades, with a total value of S$100 million ($760 million) from various long-standing partners and regular customers.The projects will be completed by Q12025 and include carbon capture and storage (CCS) retrofits, major repairs on yachts, cruise ships, LNG carriers, offshore vessels, tankers as well as damage repairs.Year to date, Seatrium has secured two CCS retrofit projects.
ABS Conducts Ammonia Dispersion Safety Evaluation
ABS has completed a safety evaluation of ammonia dispersion on board an ammonia-fueled gas turbine LNG carrier design from Hanwha Ocean.ABS, in collaboration with Hanwha Ocean, conducted computational fluid dynamics simulations that modeled different ammonia release scenarios due to accidental leakages from the engine room, the pipeline and the bunkering stations on deck.The analysis confirmed that…
Hanwha Ocean Joins GCMD on Ammonia and Carbon Capture
The Global Centre for Maritime Decarbonisation (GCMD) and Hanwha Ocean have announced a five-year strategic partnership to advance low and zero carbon fuels, energy efficiency technologies and onboard carbon capture.The GCMD was established as a non-profit organization in 2021 founded by BHP, BW Group, Eastern Pacific Shipping, Foundation Det Norske Veritas, Ocean Network Express and Seatrium. GCMD also receives funding from the Maritime and Port Authority of Singapore (MPA)…
Nakilat Boosts Profit in Third Quarter
Qatar Gas Transport Company Q.P.S.C. (Nakilat) has achieve a net profit of QAR 1.28 billion ($352 million) in the third quarter of 2024, ended September 30.This represents an increase of 7.2% compared to the same period in 2023.Nakilat says it continues to strengthen its position as one of the world’s largest LNG fleet owners through strategic partnerships, fleet modernization and operational excellence.The…
CORSICA linea Adopts AI Voyage Optimization Tool
Since April 2024, CORSICA linea has deployed the voyage optimization solution from French start-up Spinergie, a maritime technology company specializing in monitoring ship performance using big data and artificial intelligence (AI).CORSICA linea plans to achieve a 40% reduction in its CO2 emissions by 2030.The Voyage Optimizer is a decision-support tool that helps choose the most fuel-efficient and CO2-reducing voyage plan.
LNG Carriers Shift Away from Arctic Routes as Winter Nears
Ships carrying Russian liquefied natural gas (LNG) to Asia are returning to the longer routes around Africa's Cape of Good Hope rather than those along the Arctic shore as the winter season begins, LSEG data showed on Thursday.Russia's new Arctic LNG 2 project also lacks enough ice-class gas carriers to continue navigation along the Northern Sea Route, although some such tankers still sail it.According to LSEG data, the conventional gas tanker LNG Megrez loaded at Yamal LNG plant on Oct.
UK Introduces Sanctions on Russian Oil and LNG vessels
Britain has imposed sanctions on 18 further Russian oil tankers and four liquefied natural gas vessels, the largest batch of sanctions to date against the country's so-called "shadow fleet," the government said on Thursday.Britain says the 'shadow fleet' uses illicit practices to avoid Western restrictions on Russian oil.The government said it was working with maritime authorities to demand that Russian vessels with suspected dubious insurance provide details of their insurance status as they pa
GTT Secures Tank Design Job for Two Ultra Large Ethane Carriers
French engineering company GTT has received an order from Korean shipyard HD Hyundai Samho for the tank design of two new Ultra Large Ethane Carriers (ULEC).The order has been placed on behalf of shipowner Eastern Pacific Shipping.GTT will design the tanks of these two vessels, which will each offer total capacity of 150,000 m3. The tanks will be fitted with the Mark III membrane containment system…
Russia Looks Into Nuclear-Powered Submarines as Alternative for Gas Export
Russia has begun designing nuclear-powered submarines to export liquefied natural gas (LNG) from the Arctic to Asia to try to nearly halve the journey time along the Northern Sea Route (NSR), a senior state official has said.Russia already uses nuclear-powered ice breakers to pave the way for such transport via the NSR, which runs along Russia's Arctic shores from Murmansk in the west to the Bering Strait in the east…
PIL Names LNG Dual-Fuel Container Ships
Pacific International Lines (PIL) has named its first two 14,000 TEU container vessels in a ceremony at Jiangnan Shipyard in China. They are the largest vessels in PIL’s fleet as well as the first to fully run on LNG.The vessels have been named Kota Eagle and Kota Emerald, conveying PIL’s aim to be a sustainable shipping line which co-exists harmoniously with nature and the environment.The vessels…
Santos Optimistic About 2024 Output
Australia's second-largest oil and gas producer Santos estimated its full-year production to be at the top half of its forecast range on Thursday, and said its Pikka project could start oil production as early as 2025.The company expects to report full-year production in the top end of the forecast range of 84 -90 million barrels of oil equivalent (mmboe), with 65.6 mmboe achieved year-to-date.The…
Russia Designing Nuclear-powered Submarines to Transport Gas from the Arctic
Russia has begun designing nuclear-powered submarines to export liquefied natural gas (LNG) from the Arctic to Asia to try to nearly halve the journey time along the Northern Sea Route (NSR), a senior state official has said.Russia already uses nuclear-powered ice breakers to pave the way for such transport via the NSR, which runs along Russia's Arctic shores from Murmansk in the west to the Bering Strait in the east…
Greek Shipowners Betting Billions on Gas
Greek shipowners have spent an unprecedented $18 billion on newbuild gas vessels since 2021 as companies diversify their portfolios away from traditional tanker, bulker and container asset classes according to new research by Veson Nautical's data intelligence arm VesselsValue.Approximately $13.8 billion of the figure has been spent on 59 liquefied natural gas (LNG) vessels, and approximately $4 billionn on 41 liquid petroleum gas (LPG) vessels…
Industry First: Sails Installed on Ethylene Carrier
Anthony Veder has retrofitted two sails on the ethylene carrier Coral Patula.With this installation by Econowind, Anthony Veder is the first company worldwide to install sails onboard a gas carrier. Later this year sister ship Coral Pearl will be equipped with two similar sails.The system is designed to work alongside existing engines, providing a boost in propulsion through the power of wind. The company anticipates fuel savings of around 5%…
New LNG Bunker Vessel for TotalEnergies LNG Bunkering Ops
TotalEnergies signed a charter contract with Spanish shipowner Ibaizabal for a new Liquefied Natural Gas (LNG) bunker vessel of 18,600m3 capacity.This additional vessel might be deployed in Oman, where the company is developing the Marsa LNG project with the objective to provide LNG to the shipping sector in the Gulf.The vessel, owned by Ibaizabal, will supply LNG to a wide range of vessels (containerships…
Icebreaking LNG Carrier Vladimir Rusanov on Ice Trials
Maritime Reporter TV Interviews Timo Koponen, Wärtsilä
Digitalization Driving Safety in the Maritime Sector
Video: LNG Carrier Transits the Northern Sea Route
Designer seeks permit to send out United States gas to Mexico for LNG exports
Crowley Christens LNG-Powered ConRo
Pasha Hawaii Brings LNG Containerships Online
Inside Crowley's Commitment Class ConRo Ships
Enhancing Gas Carrier Reporting and Reducing Crew Burden with ABS Wavesight Nautical Systems™ Voyage Manager
Maritime Reporter TV Interviews Leif Gross, Caterpillar
