Maritime Industry Top News
Sea Ranger Service Names Pullens Managing Director
Sea Ranger Service, the Netherlands-based company that has been carrying out surveying and research tasks in the North Sea with emissions-free sailing offshore work vessels since 2018, has appointed Christel Pullens as its new managing director effective March 1, 2021.A WISTA board member with nearly 25 years of technical and commercial experience in shipbuilding and offshore, including as senior sales manager projects at Dockwise (now Boskalis)…
Carbon Emissions from Trawler Fishing on Par with Aviation -Report
Trawling of the ocean floor by fishing fleets releases roughly the same amount of carbon emissions into the water as aviation puts into the atmosphere each year, researchers said on Wednesday, calling for greater protection of the planet's seas.In a study published in the journal Nature, a team of 26 scientists and conservationists said marine protected areas (MPAs) are an effective tool for restoring biodiversity…
China’s One-sided Recovery Drives Iron Ore Market Back Up -BIMCO
In the first two months of 2021, Brazilian iron ore exports have risen by 9.1% to 53 million tonnes, driven by China. So far this year, 35.2 million tonnes of iron ore has been exported to China, representing a 15.2% increase from the same period last year and standing in contrast to slightly declining exports to all other countries: down 1.2% to 17.8 million tonnes, continuing the trend from 2020.Despite the strong growth rates in the first months of this year…
Hapag-Lloyd Acquires NileDutch
German container shipping company Hapag-Lloyd announced Wednesday it has reached a deal to acquire NileDutch, based in the Netherlands, strengthening Hapag-Lloyd's position in the African market.The sale and purchase agreement will see Hapag-Lloyd acquire all shares of Nile Dutch Investments B.V., subject to the approval of antitrust authorities.Rotterdam-headquartered NileDutch is among leading providers of container services from and to West Africa.
Panamax Bulk Carrier Rates Hit Over 10-year High
The Baltic Exchange's main sea freight index on Wednesday climbed to a near 1-1/2-year high as panamax rates scaled a more than 10-year peak on China grain demand.The Baltic dry index…
As Defense Cuts Loom, Reimagining Maritime Security Could Help Reform Defense Spending
It is widely expected that cuts in defense and security budgets are coming as governments across the world grapple with the fiscal fallout from the COVID-19 crisis. To ensure that these cuts do not undermine global security, policymakers should approach their defense budgets with a scalpel, not a sledgehammer.In navigating the tough choices that lay ahead, government decision-makers should pursue spending reforms that enable states to operate both leaner and smarter…
Interview: Jennifer Carpenter, AWO President & CEO
Jennifer Carpenter joined The American Waterways Operators (AWO), the national trade association representing the inland and coastal tugboat, towboat and barge industry, in August 1990 and became its president and CEO in January 2020. She weighs in on the unprecedented challenges encountered over the past year and addresses top priorities along the uncertain path ahead.The world has changed drastically in the year since you took the helm at AWO.
France-based TSM Adds Two New Tugs
Dutch shipbuilding group Damen reports it has delivered two RSD Tugs 2513 to France-based Thomas Services Maritimes (TSM) for operations on the River Seine in the port between the Ports of Rouen and Honfleur (HAROPA – Port de Rouen).Like Damen, TSM is a family-owned company, something which played a part in Damen’s securing of the order, according to TSM CEO, Loïc Thomas: “We were looking for new tugs with the latest in vessel technology and we heard about Damen’s quality and reliability.
Drone Swarms Sent from Uncrewed Vessels Could be Used for Offshore Wind Farm Inspections
U.S.-based seabed survey company Ocean Infinity, is, together with the University of Portsmouth, Airborne Robotics, and Bentley Telecom, working to develop an autonomous offshore wind farm inspection capability utilizing aerial drone swarms deployed from an uncrewed marine robotic vessel.Using 5G and satellite connectivity, the project will see a swarm of drones autonomously inspect wind turbines subsequently removing the need for manual…
The Path to Zero: Study Shows Hydrogen-Based Ship Fuel Projects on the Rise
The Getting to Zero Coalition’s updated Mapping of Zero Emission Pilots and Demonstration Projects uncovers emerging trends, sees a strong climb in the number of identified projects as well as increased activities in Asia.The 'fuel of the future' debate is one of the hottest topics in maritime circles, as shipowners eye ever tightening emission regulations through 2050. While there is no 'silver bullet' solution…
Kongsberg to Deliver $40M Tech Package for First Jones-act WTIV
Norway's Kongsberg Maritime has secured a $40 million contract to supply an integrated technology solution for the first U.S.-built wind turbine installation vessel (WTIV) - the Charybdis.The vessel, being built at Keppel AmFELS shipyard in the U.S., is being constructed for US energy company Dominion Energy. The vessel is expected to be delivered by the end of 2023 and will be among the largest of…
VIDEO: North Star to Deliver SOV Trio for Dogger Bank Wind Farm in $375M Deal
Aberdeen-based offshore vessel owner North Star Renewables has won contracts worth around £270 million (~$375 million), to deliver three service operation vessels (SOVs) to be used on what will be the world’s largest offshore wind farm, the 3.6GW Dogger Bank Wind Farm in the UK North Sea.North Star said its contract award followed a highly-competitive tender process, in which it had beat off strong…
Panama Asks IMO for Help in China's Coal Carrier Dispute with Australia
Panama is urging the International Maritime Organization (IMO) to step in to help stranded seafarers and shipowners wrapped up in a trade dispute between China and Australia.Some 74 vessels loaded with Australian coal and more than 1,500 mariners are currently idled in Chinese ports and waters after Beijing last year placed an unofficial ban on imports from Australia, reportedly in retaliation for Canberra's call for an international probe of the origins of the coronavirus pandemic.
Wärtsilä to Test Marine Scrubbers for Carbon Capture
Wärtsilä Exhaust Treatment said exhaust gas abatement systems, also known as scrubbers, may soon be used to directly tackle maritime carbon dioxide (CO2) emissions as technology advances enable manufacturers to design and upgrade scrubbers to capture carbon at the point of exhaust.Wärtsilä said it has found carbon capture and storage (CCS) can be developed and scaled for ships, and that the solution…
Ardmore Shipping Announces Hydrogen Joint Venture
Tanker owner and operator Ardmore Shipping Corporation said it has signed a Letter of Intent (LOI) with Element 1 Corp. (E1) and Maritime Partners, LLC (MP) to establish…
Oil Demand Drag Takes a Toll on Tankers
U.S. refiners are scaling back on hiring ships for longer periods to save on costs in another sign of uncertainty over when global oil demand will return to pre-COVID levels, shipping and trade sources say.The global rollout of coronavirus vaccines and the expectation that government-offered stimulus packages will boost the world economy has raised expectations of a recovery in oil consumption. But fuel demand remains sluggish…
Tech File: Engineered Cooling Solutions Help Improve Environmental Footprint
As owners and operators work to achieve dramatic new emission reductions, vessels’ cooling solutions should not be overlooked.A wave of green initiatives is sweeping through the maritime market as owners and operators seek ways to reduce emissions from their vessels. One company supporting this drive is R.W. Fernstrum, a global leader in engineering and manufacturing keel cooling technologies.Sean Fernstrum…
China Seizes 11 Ships in $770 Million Oil Smuggling Bust
China foiled criminals seeking to smuggle nearly 1 million tonnes of refined oil worth 5 billion yuan ($770 million), with officials seizing 11 ships and detaining 171 suspects in a sprawling swoop on Tuesday, customs authorities said.The operation, which saw customs officers from the port city of Ningbo join forces with local law enforcement and maritime police, spanned eight Chinese regions, including the coastal provinces of Zhejiang…
Top Japanese Lenders Join Shipping Industry Scheme to Cut Carbon
Leading Japanese lenders have joined an initiative that links the provision of shipping finance to cuts in carbon dioxide emissions as the sector accelerates efforts to go green.In recent weeks, Shinsei Bank Ltd, Sumitomo Mitsui Banking Corporation, Sumitomo Mitsui Finance & Leasing and MUFG Bank have signed up to the scheme, the banks said.With about 90% of world trade transported by sea, global shipping accounts for nearly 3% of the world’s CO2 emissions.In 2019…
VIDEO: Topsides Modules Lifted on Guyana-bound Liza Unity FPSO
SBM Offshore, the Dutch-based FPSO company, said Tuesday that the topsides lifting campaign for the Liza Unity FPSO was recently completed. The FPSO is being built for deployment at ExxonMobil's Stabroek offshore block in Guyana."Thanks to the efforts of the integrated team, over 26,000 tons of topsides were safely lifted in position at Keppel Shipyard in Singapore since the vessel came out of dry-dock in October of last year…
