Maritime Industry Top News
Second NSMV Patriot State Completes Sea Trials
The second vessel in a series of new training ships for the U.S.' state maritime academies has completed sea trials, build manager TOTE Services said.The National Security Multi-Mission Vessel (NSMV) Patriot State, built by Philly Shipyard and scheduled for delivery to the Massachusetts Maritime Academy later this year, completed the trials with participation from the shipyard, vendors, construction management teams…
Red Sea Insurance Nearly Doubles After Latest Ship Attack
The cost of insurance for ships sailing through the Red Sea has nearly doubled after Yemen's Houthis attacked a tanker that appears to be leaking oil, with environmental fears growing for trade route, industry sources said on Wednesday.Iran-aligned Houthi militants first launched aerial drone and missile strikes on the waterway in November in what they say is solidarity with Palestinians in Gaza. In over 70 attacks…
No Spill from Oil Tanker Sounion Attacked in the Red Sea
The European Union's mission in the Red Sea, known as Aspides, said on Wednesday there was no oil spill in the area of the MV Sounion tanker that was targeted recently off Yemen's coast.Aspides added that the Greek-flagged oil tanker was still anchored and not drifting.The Pentagon said on Tuesday the tanker was still on fire in the Red Sea and appeared to be leaking oil.Reuters couldn't immediately confirm that a spill or a leak had occurred.Asked about the Pentagon statement…
China's First Purpose-built Offshore Wind SOVs Delivered
Shanghai Electric earlier this month celebrated the combined naming and delivery of two service operation vessels (SOV) at ZPMC, Qidong base, China. The vessels are based on two different ship designs from Ulstein Design & Solutions AS and are the first purpose-designed vessels for the offshore wind industry in China.The Zhi Cheng 60 is an ULSTEIN SX197 design measuring 72.6m in length and 17.5m in beam.
HEAVY HAULER: Andreas Rolner Powers UHL Ahead
Just shy of 10 years old, United Heavy Lift (UHL) recently welcomed its 19th ship to the fleet, an F900 eco-lifter. In advance of the ship delivery festivities in mid-July, we had the chance to chat with Andreas Rolner, Managing Director of UHL, a man who with his father parlayed cumulative experience in the heavy lift business into one of the world’s largest heavy lift companies.“Shipping has always been a part of my DNA…
Eastern Pacific Shipping Chooses Gas Injection Engines for Newbuilds
New Times Shipbuilding Co. Ltd. of Jiangsu province, China, has ordered 12 × 8G95ME-GI (Gas Injection) Mk10.5 main engines in connection with the construction of 12 × 18,000 teu container vessels for Singapore’s Eastern Pacific Shipping (EPS).MAN Energy Solutions says the Diesel principle provides the ME-GI engine with high operational stability and efficiency, while also ensuring reliable operation during load changes on gas with just normal additions of pilot-oil amounts.
German Government to Take Stake in Meyer Werft
German federal and state governments will invest 400 million euros ($445.84 million) in Meyer Werft, one of the world's top makers of cruise ships, for an 80% stake to secure the future of the company, a local government minister said on Wednesday.The support plan also includes guarantees for 2.6 billion euros in loans for the family-owned company, said Olaf Lies, economy minister in the state of Lower Saxony.Meyer Werft's home state agreed the support plan together with the Berlin government an
Island Offshore Orders Second Hybrid Construction Vessel
Vard has signed a contract for the design and construction of a second hybrid ocean energy construction vessel (OECV) for the Norwegian shipping group Island Offshore.In May, the companies signed a contract for one firm OECVs with an option for two sister vessels. This new contract confirms the first option.“We are happy to confirm this order, demonstrating our faith in the market outlook and our commitment to continue renewing our fleet.
Equinor Generating Billions for Norwegian Suppliers
Deliveries for exploration, development projects and operation of Equinor-operated fields and onshore facilities in Norway had a value of more than NOK 134 billion ($12.8 billion) in 2023, 94% of which were invoiced by Norwegian suppliers.The details were conveyed in a report prepared by Kunnskapsparken Bodø (KPB) which analyzed actual purchases of goods and services for Equinor-operated fields and onshore facilities…
Fugro Pioneer’s Conversion to Methanol Fuel Underway
Fugro has completed the primary phase in its first vessel conversion to green methanol fuel.The Fugro Pioneer is ready to be equipped with methanol engines after successfully converting the main components on board.The now-completed vessel adjustments to the Fugro Pioneer allow two of its four original engines to be replaced by methanol engines, ensuring services can still be offered in regions where green methanol is not yet available.
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.
