Maritime Industry Top News
QatarEnergy Pays Homage to Rex Tillerson by Giving His Name to New LNG Carrier
QatarEnergy has named the first LNG carrier to be delivered as part of its new LNG fleet expansion program as Rex Tillerson, in recognition of the former Chairman and CEO of ExxonMobil, who also served as the 69th United States Secretary of State.During his 10-year term as Chairman and CEO of ExxonMobil, Tillerson oversaw the consolidation of relations with the State of Qatar and its energy sector…
Hanwha Ocean Secures $258M Order for Two VLCCs
South Korean shipbuilder Hanwha Ocean has received an order to construct two very large crude carriers (VLCCs) for a shipping company in Oceania.The order for VLCCs, worth $257.8 million (342 billion won), is the first such order for Hanwha Ocean in the last three years. This is also the highest price for the vessels in 16 years, since the 2008 global financial crisis, the company said.The ships will be built at the Geoje plant and delivered to the shipowner in the first and second half of 2026…
ZIM Names Trio of LNG Containerships
The naming ceremonies of three new vessels joining ZIM’s fleet were held in Korea and China this week for ZIM Integrated Shipping Services, continuing ZIM’s widescale fleet renovation.The naming ceremony of Zim Mount Elbrus and Zim Mount Vinson, the final additions to the series of ten 15,000 TEUs advanced LNG vessels, took place at the SHI Geoje shipyard in Korea. These vessels, showcasing state-of-the-art LNG technology, were named in a traditional manner by their respective godmothers, Mrs.
Singapore Picks 11 Proposals to Advance Electric Harbor Craft Designs
The Maritime and Port Authority of Singapore (MPA) has shortlisted 11 proposals, submitted by seven companies and consortia, to advance designs and promote adoption of full electric harbor craft (e-HC) in Singapore.The announcement follows call for the expressions of interest (EOI), launched by MPA) in 2023, which yielded 55 proposals from 32 international and local companies and consortia.The results…
DESMI’s Aquaculture Treatment Systems Validated by DNV
DESMI has secured third-party validation for the effectiveness of its aquaculture UV treatment systems from DNV.This development moves beyond the traditional certification provided by the Norwegian Veterinarian Institute (NVI) which verifies UV doses of at least 25 mJ/cm2. With many aquaculture operations requiring higher UV doses, typically ranging from 70 to 200 mJ/cm2, DESMI says its validation from DNV provides a much-needed layer of credibility and assurance.Historically…
Floating Production – A Growing Segment in Transition
The specialized deepwater oil & gas and floating offshore wind segments will share many of the same stakeholders and supply chains, competing for increasingly scarce resources.To receive a full version of Inteletus analysis, click hereThe established floating production segment is forecast to experience continued growth through this decade, driving demand for, among other things, moorings, subsea systems…
Five Killed After Barge Hits Bridge Near China's Guangzhou
Five people were killed after a barge collided with a bridge over a waterway in China's Pearl River Delta near Guangzhou city, causing part of the bridge to break off, plunging vehicles into the water, Chinese state media reported on Thursday.The barge was travelling from Foshan city to a southern district of Guangzhou when it crashed into the bridge at 5:30 a.m. (2130 GMT) on the Hongqili Waterway…
Dominion Partners with Stonepeak to Fund Coastal Virginia Offshore Wind
U.S.
Fleet Management Managing Director Rajvanshy Steps Down
Dr. Kishore Rajvanshy is stepping down after three decades as managing director of Fleet Management Limited (FLEET), currently the world’s largest third-party ship management company.FLEET announced it has begun implementing a phased succession plan as Rajvanshy transitions from his current role, with a global search for a new managing director underway.As part of this transition, Angad Banga, the chief operating officer of FLEET’s parent company…
SAAM Towage’s First Electric Tugs Arrive in Canada
The first electric tugs of the SAAM Towage's fleet, built by SANMAR Shipyards, have reached the Port of Vancouver in Canada. The vessels are named Saam Volta and Chief Dan George."We continue to make progress on this milestone for SAAM Towage, which is part of our strategy to drive innovation and development for increasingly sustainable operations. These tugs, which are the result our alliance with Teck and Neptune Terminals…
German Government Funds Rotor Sail Install on Baltrader Cement Carrier
The German government is providing funding to support the installation of an auxiliary wind propulsion system on board a cement carrier vessel.Hamburg-based Baltrader Capital GmbH & Co. KG. has signed a contract with wind propulsion systems provider Norsepower for the delivery of one 24m x 4m sized rotor sail in summer 2024. The product will be fitted on the newest cement carrier of the Baltrader fleet…
BOEM Approves COP for Equinor's Empire Wind Project
The United States’ Bureau of Ocean Energy Management (BOEM) approved the Construction and Operations Plan (COP) for Equinor’s Empire Wind project, marking another milestone in advancing the New York offshore wind project.With this permitting action by BOEM secured, Empire Wind is on track to begin construction in its federal lease area off the southern coast of Long Island later this year. Already well advanced in planning and development…
Austal Awarded Contract for Two More Patrol Boat Builds
Shipbuilding group Austal Limited announces that Austal Australia has been awarded a contract extension for the construction of two additional Evolved Cape-class Patrol Boats for the Royal Australian Navy.The A$157 million contract follows the procurement announcement made by the Commonwealth of Australia (CoA) on November 23, 2023 and brings the total number of Evolved Cape-class Patrol Boats being delivered to the Navy…
Five Turbines Power Up at Vineyard Wind
Renewable energy firm Avangrid and fund manager Copenhagen Infrastructure Partners said on Thursday their joint venture, Vineyard Wind 1, has begun operations at five of its wind turbines, supplying 68 megawatts (MW) to the New England grid.Currently, the project has successfully installed nine turbines and is in the process of installing the 10th, with preparations underway to transport the 11th turbine to the offshore project site.Offshore wind projects in the U.S.
Houthis Vow to Step Up Ship Attacks in the Red Sea
Yemen's Iran-aligned Houthis claimed responsibility for an attack on a UK-owned cargo ship and a drone assault on an American destroyer on Thursday, and they targeted Israel's port and resort city of Eilat with ballistic missiles and drones.The statement by a Houthi representative on social media site X came shortly after the group's leader said it was ramping up attacks on ships in the Red Sea and…
MARAD Designates More Centers of Excellence for Maritime Training
The U.S. Department of Transportation’s Maritime Administration (MARAD) announced the designation of 32 Centers of Excellence (COE) for Domestic Maritime Workforce Training and Education. The designated COEs consist of 50 maritime training locations across 17 states and Guam. The designation recognizes and promotes support to post-secondary maritime training programs that prepare students for careers…
Pearlson to Upgrade Shiplift at Australia's Osborne Naval Shipyard
Pearlson Shiplift Corporation, a subsidiary of The Pearlson Group, announced it has been awarded a multimillion-dollar contract to deliver a large capacity upgrade and extension for Australian Naval Infrastructure (ANI) in Osborne, South Australia.The works will be installed by McConnell Dowell, one of the largest construction companies in the region. Once completed later this year, Pearlson Shiplift…
Callan Marine Christens New Dredge General Arnold
Galveston, Texas based dredging contractor Callan Marine announced it has christened its newest cutter suction dredge (CSD), General Arnold, built by C&C Marine and Repair in Belle Chasse, La.The 32-inch CSD was ceremoniously christened in Corpus Christi, Texas, on February 20, 2024, and will immediately begin work on Phase Four of the Corpus Christi Ship Channel Improvement Project. The project will…
Virtual Marine: Simulator Training is the Real Deal
In the commercial maritime and offshore industries, where worker safety and competency are crucial, effective training practices are an absolute must. While hands-on, in-the-field learning will always be a vital component of any mariner’s training, marine simulation has become a welcome enhancement to the education process. And in some cases, it’s seen as a safer alternative to traditional survival craft and rescue boat training.A leader in this space is Virtual Marine…
WinGD and Mitsubishi Compete Initial Ammonia Fuel Supply System Design
Swiss marine power company WinGD and Japanese shipbuilder and technology developer Mitsubishi Shipbuilding have completed the initial design of an ammonia fuel supply system (AFSS) for vessels powered by WinGD’s X‑DF‑A ammonia-fueled engines.The AFSS design is the first result of a wide-ranging partnership announced last year that will develop solutions for ammonia engines and fuel systems that can…