Maritime Industry Top News
Inside the Red-Hot Offshore Wind Energy Market
As the traditional offshore oil and gas markets continue to struggle, the renewable offshore wind market is hot and getting hotter.As the cumulative maritime, offshore, port and logistics marketplace gears up for offshore wind energy on a huge scale, World Energy Reports (WER), in its report “2021 The Year When Offshore Wind Takes Off in the United States,” shows the anticipated growth trajectory.
ABS, Rainmaking Support Singapore’s Decarbonization Entrepreneurs
ABS and Rainmaking are teaming up to support entrepreneurs with maritime decarbonization technologies in the world's top shipping hub.ABS’ marine and offshore industry experience combined with Rainmaking’s register of decarbonization focused startups will help Singapore's entrepreneurs accelerate testing and development of transformational technologies with the potential to reduce CO2 emissions, the…
Maritime Power: Methanol Fuel Cell System Takes Shape at Alfa Laval
A fuel cell system based on high-temperature proton exchange membrane (HTPEM) technology from Blue World Technologies is being constructed for testing at the Alfa Laval Test & Training Center in Aalborg, Denmark. The test installation, which will use methanol as fuel, will explore the technology’s potential as a source of marine auxiliary power. Funded by Danish EUDP (Energy Technology Development and Demonstration Program)…
Crowley Designs US' First Fully Electric Autonomous Tug
Crowley Engineering Services announced Monday it has designed the first fully electric U.S. tugboat with autonomous technology, engineered as a zero-emissions, high-performance solution for ship assist and harbor services.The Crowley design, powered by the expertise of recently integrated subsidiary Jensen Maritime, leverages a large battery system and power saving technology to operate in a fully electric mode while producing zero air emissions or greenhouse gases, Crowley said.
Bureau Veritas Uses AI to Detect Corrosion During Bulker Inspection
Bureau Veritas (BV) said it deployed its artificial intelligence (AI) solution in real survey conditions for corrosion detection during a hull inspection of a water ballast tank on a bulk carrier by an aerial drone. The test was conducted in partnership with the RIT operator, MaDfly Marine Drone Services Ltd, in Dunkirk, France.During the hull inspection, the BV solution supported the surveyor during…
Equinor: Several Factors Behind Faulty Welds on Johan Castberg FPSO Hull
Norwegian oil and gas giant Equinor last year said that the delivery of an FPSO, being built for the Johan Castberg field development in the Barents Sea, would be delayed after the company discovered issues with the weld quality of the hull of the FPSO under construction in Singapore.In an update on Monday, Equinor said that, following the initial findings, an in-house investigation team from Equinor had studied the deviation in quality of welding and inspection of the Johan Castberg FPSO…
Fagan Nominated as USCG Vice Commandant
Vice Adm. Linda L. Fagan has been nominated by the White House to be the next Vice Commandant of the U.S. Coast Guard. She would become the first Coast Guard female four-star admiral and the third woman to serve as Vice Commandant.Pending confirmation, Fagan is expected to relieve current Vice Commandant of the Coast Guard Adm. Charles W. Ray on June 18.“Vice Adm. Fagan is an outstanding leader with 36 years of Coast Guard operations…
Shipbuilding: FSG Expands Management Team
Flensburger Schiffbau-Gesellschaft (FSG) is expanding its management team further: in April, Carsten Treuer starts as Head of Operations and Bernd Liedtke as Head of Sales.“I am very much looking forward to working with these two shipbuilding specialists,” says Philipp Maracke, CEO of Flensburger Schiffbau-Gesellschaft, about the expansion of his team. “Our common goal is, on the one hand, to align production even more specifically with the requirements of our portfolio in the future.
VIDEO: After Modest 2020, the Years 2021 and 2022 Could Be 'Pretty Good' for FPS Orders
There's one thing that's certain about the price of oil, it goes up and it goes down, but nobody knows when that will happen, Jim McCaul, an expert in the offshore floating production sector for 30 years, recently said in an interview for Offshore Engineer TV, discussing the past, the present and the future of the floating production market.Apart from the oil price volatility being a certain thing, there's another thing that's sort of certain.
Baltic Dry Index Rises to 1.5-year Peak
The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodities, rose to 1-1/2-year peak on Monday as demand improved across vessel segments.The Baltic dry index, which tracks rates for capesize, panamax and supramax vessels, added 47 points, or 2%, to 2,432, its highest level since September 2019.The capesize index gained 37 points, or 1.1%, to 3,476, its highest in more than six months.Average daily earnings for capesizes, which typically transport 150,
Market Report: In the Ship Scrapping Business, it is "Covid Chaos"
The increasingly growing concern this week has been the number of mounting Covid-19 cases across the sub-continent, especially in India, where the country hit a daily record infection rate of over 200,000 cases per day, placing an increasing pressure on an already strained healthcare system that is fighting to keep up with the number of sick.There is talk in India of another nationwide lockdown, as only the worst hits states/provinces are under quarantine at present…
Maersk Supply Service's Head of Renewables to Become CCO
Danish offshore vessel operator Maersk Supply Service said Monday it would appoint Jonas Munch Agerskov as its new Chief Commercial Officer after Carsten Gram Haagensen decided to pursue a career outside the maritime industry.Agerskov, who's held various roles within the company since joining in 2012, currently serves as Head of Renewables at Maersk Supply Service. He is expected to assume his new role on May 1…
Abu Dhabi: OFCO, Mammoet Pen Collaboration Agreement
Abu Dhabi Ports’ recently formed offshore logistics service provider, Offshore Support and Logistics Services Company (OFCO) has signed a collaboration deal with heavy lifting and transport services company Mammoet."The integrated maritime logistics service provider OFCO, will work closely with the heavy lift and transport specialist Mammoet to create a unique integrated package of on and offshore turnkey transport and installation solutions for projects in the GCC…
Keppel in Talks with Petrobras to Build FPSO for Buzios Field
Singapore's Keppel Corporation has confirmed it has been in talks with the Brazilian oil company Petrobras to built an FPSO vessel for the Buzios field offshore Brazil.In a statement on Friday, responding to an article by Upstream Daily News, Keppel Corp. said: "The company wishes to confirm that its wholly-owned subsidiary, Keppel Shipyard Limited, is in advanced discussions with Petrobras in respect…
Offshore Lighting Solutions Firm Glamox Buys Luminell
Glamox, a supplier of lighting solutions to the marine and offshore markets, has signed an agreement to acquire the Norwegian company Luminell Group AS.Established in 2010, Luminell develops and provides floodlights, searchlights, and lighting controls in the marine and offshore lighting market. "Together, Luminell and Glamox will have a leading product offering in the global marine and offshore market for all vessel sizes”, says Rune Marthinussen, CEO of Glamox.
Two More Deceased Crew Members Recovered from Seacor Power
Divers recovered two unresponsive crewmembers from the overturned lift boat Seacor Power on Friday, bringing the death count to four with nine still missing after the vessel capsized in extreme weather conditions in the Gulf of Mexico on Tuesday.U.S. Coast Guard and other local responders have been scouring the area by sea and air since the 234-foot Seacor Power overturned in rough seas and hurricane force winds approximately 8 miles south of Port Fourchon, La.
Russia Beefs Up Warship Presence in the Black Sea
Two Russian warships transited the Bosphorus en route to the Black Sea on Saturday and 15 smaller vessels completed a transfer to the sea as Moscow beefs up its naval presence at a time of tense relations with the West and Ukraine.The reinforcement coincides with a huge build-up of Russian troops near Ukraine, something Moscow calls a temporary defensive exercise, and follows an escalation in fighting…
Shipbuilding: HII Celebrates 154 Apprentice School Grads
Huntington Ingalls Industries (NYSE:HII) hosted commencement exercises on Saturday, April 17, 2021, for 154 graduates of the company’s Apprentice School at Newport News Shipbuilding. Due to the COVID-19 environment, and in an effort to keep all employees, staff, graduates and their guests safe, the ceremony was held outdoors at the Hampton Roads Convention Center in Hampton.“A drive-in movie-style graduation is likely not what you expected…
First of UECC's Three LNG Battery Hybrid PCTCs Launched
The first of three liquefied natural gas (LNG) battery hybrid pure car and truck carriers (PCTC) commissioned by Norwegian shipping company United European Car Carriers (UECC) was launched this week at the Jiangnan Shipyard in Shanghai. The remaining two vessels are scheduled for delivery in 2022."With the launch of our first LNG battery hybrid PCTC, we are ushering in a new era for UECC and short sea shipping in Europe," said Glenn Edvardsen, UECC CEO.
Algoma Fined for US Dumping Violations
Canadian shipping company Algoma Central Corporation was fined $500,000 in the U.S. after pleading guilty to dumping wastewater into Lake Ontario.One of the Great Lakes operator's dry bulk carriers…
