Maritime Industry Top News
US Great Lakes Shipping Companies Spend $120 Million on Winter Repairs
American shipping companies are spending more than $120 million to repair and maintain their fleets of Great Lakes bulk carriers this winter.The fleet of U.S.-flagged ships, known as "lakers", can move more than 90 million tons of cargos annually, including iron ore, stone, coal, grain, salt and sand. Each year after the shipping season draws to a close, these vessels enter shipyards and repair facilities around the Great Lakes for a period of winter maintenance and repair.
Diana Shipping Orders Two Methanol Dual-fuel Bulkers
Greek shipowner Diana Shipping on Wednesday announced it has placed an order for two new methanol dual-fuel Kamsarmax bulk carriers from China's Tsuneishi Group (Zhoushan) Shipbuilding Inc.The 81,200 dwt newbuilds were ordered at a purchase price of $46 million each, Diana said. The vessels are expected to be delivered by the second half of 2027 and the first half of 2028, respectively.Diana in Septemberā¦
Fincantieri Delivers Cruise Ship Sun Princess
Italian shipbuilding group Fincantieri announced it has delivered Sun Princess, the first in a series of two new liquefied natural gas (LNG ) fueled cruise ships for Princess Cruises.At about 178,000 gross tons, Sun Princess is the largest ship ever built in Italy, as well as the first LNG cruise ship ever built by Fincantieri, the shipbuilder said. The ship is also the first dual-fuel vessel poweredā¦
Video: Ukraine Says It Sunk a Russian Warship in the Black Sea
Ukraine destroyed a Russian landing warship off the coast of occupied Crimea in an operation with naval drones that breached the vessel's port side on Wednesday and caused it to sink, Kyiv's military spy agency and armed forces said.There was no immediate comment from Russia, which said earlier that it had destroyed six drones in the Black Sea. The Kremlin declined to comment."The Ukrainian Armed Forcesā¦
Star Bulk to Avoid Red Sea After Attacks on Its Ships
Greece-headquartered Star Bulk will halt sailings through the Red Sea after Yemen's Iran-aligned Houthis attacked two of its ships in recent days, the group's CEO said.The Houthis have targeted commercial vessels with drones and missiles in the Red Sea since mid-November in what they describe as acts of solidarity with Palestinians against Israel in the Gaza war."Going forward, we will not be passingā¦
GLO Marine and VMS Group Join Forces for āGreenā Vessel Retrofitting
Retrofit specialist GLO Marine and expert in propulsion systems VMS Group have teamed up to expand their collaboration into comprehensive retrofits and vessel modifications, with a primary focus on decarbonization initiatives.In a strategic move towards advancing sustainable maritime practices, the GLO Marine-VMS Group partnership will prioritize retrofit projects and vessel modifications that alignā¦
GTT Scoops Order for 8 Very Large LNG Carrier Tank Designs
French engineering company GTT has received an order from a Chinese shipyard for the tank design of eight new very large liquefied natural gas (LNG) carriers.GTT will design the tanks for the eight LNG carriers, which will each offer five tanks with a total capacity of 271,000 m3.The tanks will be fitted with the NO96 Super+ membrane containment system developed by GTT.Delivery is scheduled betweenā¦
Siemens Gamesa Selects Contractor for First SOV Newbuild in Asia
Cyan Renewables, a portfolio company of Seraya Partners, will build Siemens Gamesaās first service operations vessel (SOV) in Asia to facilitate the servicing of wind turbines for the Hai Long offshore wind projects in Taiwan.Siemens Gamesa awarded a 15-year charter contract to Cyan Renewables. The contract will begin in 2026 and the SOV will be used to service 73 SG 14-222 DD offshore wind turbines in Hai Long offshore wind farmsā¦
MOL Embarks on Liquid Hydrogen Transport Study
Mitsui O.S.K Lines (MOL) has signed non-binding memorandum of understanding (MoU) with Woodside Energy, HD Korea Shipbuilding and Offshore Engineering (HD KSOE), and Hyundai Glovis to jointly study the development of shipping solutions to enable bulk marine transportation of liquid hydrogen.Woodside Energy, HD KSOE and Hyundai Glovis have been studying liquid hydrogen transportation since 2022.In this projectā¦
Seatrium Renews Exclusive Deal with Gaslog and Shell for LGN Carrier Repairs
Singapore-based Seatrium has renewed its long-term favored customer contract (FCC) with GasLog LNG Services and Shell International Trading and Shipping Company (STASCO) to provide ship repairs, refurbishment and upgrading for their LNG carriers until 2029, with further renewal options.The contract marks a collaborative partnership between Seatrium and these two leading maritime companies with whomā¦
ABB to Equip Nexansā New Cable Layer with Hybrid Power System
ABB has secured an order from Norwegian shipyard Ulstein Verft to supply an advanced power and propulsion system for a new cable-laying vessel (CLV) being built for Nexans.Upon delivery in 2026, the vessel will join Nexans Skagerrak and sister ship Nexans Aurora ā also equipped with ABB technology ā as the third and most advanced CLV in the Nexans fleet.An integrated system comprising main power generation and distributionā¦
HAROPA Begins Work on Shore Power Connections at Le Havre Cruise Terminal
HAROPA PORT has started working on the construction of electricity supply connections for ships at the Le Havre cruise terminal.The purpose of the work planned for HAROPA PORTās cruise terminal, dubbed Florida Point, is to assist the energy transition in the sea cruise sector, which goes in line with the portās strategic project decarbonize its activities.Each supply outlet will be capable of providing up to 13 MWā¦
Oil Production, Chinese Buying Buoys Brazil Crude Exports 19%
āThe reshaping of global crude tanker markets continued in 2023. In 2022, sanctions shifted Russiaās exports from Europe to Asia while OPEC production cuts in 2023 increased the Americasā share of exports. Brazilās oil production increased by 12% year-on-year in 2023 while crude tanker exports rose 19%,ā said Niels Rasmussen, Chief Shipping Analyst at BIMCO.According to the International Energy Agency (IEA)ā¦
Exxon, Enbridge Sued by Competitor
Exxon and Canada-based crude pipeline operator Enbridge were sued in Illinois federal court on Tuesday over claims they barred a competitor from building a terminal to ship oil by barge from the Chicago area to refineries in the Midwest and Gulf of Mexico.The antitrust lawsuit from energy infrastructure developer Ducere seeks more than $11 million in damages for work the Illinois company said it already paid for on the project and for lost future profits.Exxonā¦
US Finalizes Two Offshore Wind Energy Areas in Oregon
The Bureau of Ocean Energy Management (BOEM) on Tuesday finalized two wind energy areas (WEAs) in the offshore Oregon region, aligning with government goals to deploy 30 gigawatts of offshore wind power along U.S. coastlines this decade to fight climate change.The two WEAs, Coos Bay WEA and Brookings WEA, are spread across 195,012 acres (78,919 hectares) and "the department continues to take stepsā¦
Marine Power R&D Insights: Matt Hart, Wabtec Corporation
Matt Hart, Manager & Platform Leader, Marine & Stationary Power Systems, Wabtec, offers insights on how the megatrends of decarbonization, energy transition and autonomy all inspire and impact the marine power solutions from Wabtec.Matt, to start us off, can you provide insight on the journey to your present position?I graduated from the University of Notre Dame with an undergraduate in Mechanicalā¦
Sunken Ship Spilling Oil in Trinidad and Tobago
First responders and volunteers from Trinidad and Tobago on Tuesday sought to contain an oil spill detected last week in the Caribbean country's waters and clean areas of Tobago island's coast already affected by the incident.Trinidad and Tobago's coast guard first spotted the spill on Feb. 7, about 6 kilometers off the coast of Studley Park, the chief secretary of Tobago's national assembly, Farley Augustineā¦
Carnival Orders Another Cruise Ship from Meyer Werft
German shipbuilder Meyer Werft reports it has secured an order from U.S.-based Carnival Corporation for the construction of a new cruise ship for Carnival Cruise Line. The newbuild order is the first placed by Carnival Corporation in five years.Slated for delivery in 2027, the Excel-class ship will be a sister vessel to the 183,200 GT Carnival Jubilee, which was handed over at the end of 2023."Ourā¦
Wreck of WWII-era Cargo Ship Found in the Great Lakes
The wreck of a World War II-era freighter has been discovered in over 600 feet of water around 35 miles north of Michiganās Keweenaw Peninsula.Over the last 7 years, shipwreck researcher Dan Fountain has been studying remote sensing data in the search for shipwrecks in Lake Superior. After coming across a particularly deep anomaly, he reached out to the Great Lakes Shipwreck Historical Society (GLSHS) for help in identifying the potential wreck.
OPINION: Seeing the Ship as a System Changes Everything
Shipping must engage with the decarbonization realities that lie ahead by changing the way it crafts maritime legislation to reflect its place in the interconnected, interdependent world economy, says Eero Lehtovaara, ABB Marine & Ports.ABB Marine & Ports Head of Regulatory & Public Affairs, Eero Lehtovaara has carved out an unusual - and possibly unique - role in the maritime industry over recent yearsā¦
