Maritime Industry Top News
Liebherr Delivers Portal Slewing Crane for Cargo Ops at German Port
The Liebherr portal slewing crane of type LPS 600, the first of its kind in Germany, has been delivered J. MÜLLER Weser to enhance its bulk and general cargo operations at the port of Brake.The project marks the first rail-mounted portal crane at the port of Brake, designed for an extended 650-metre travel path in one direction, with features like larger cable drum and video monitoring at the portal…
OSM Thome buys Klaveness Ship Management AS
Torvald Klaveness sold 100% of Klaveness Ship Management AS shares to OSM Thome. Subsidiaries of Klaveness Combination Carriers AS, in parallel, have agreed to enter into new ship management agreements for its fleet with Klaveness Ship Management under ownership of OSM Thome.Additionally, Torvald Klaveness and OSM Thome have agreed to cooperate to explore new ways to modernize ship management through…
Russian Attacks on Ukranian Vessels Pinch Dry Bulk Market
“Since September 2024, five merchant ships have been hit by Russian missiles while in Ukrainian ports or waters. These were the first attacks on merchant ships since November 2023 and they could threaten 1% of the world’s dry bulk exports if safety is not improved. The price of war risk insurance has already increased but the impact on exported volumes has so far been limited,” says Filipe Gouveia…
PERC Pushes for Propane Adoption in Material Handling Applications
In celebration of Clean Energy Month, the Propane Education & Research Council (PERC) has highlighted propane’s role as a clean energy source for material handling applications.Propane produces 52% fewer greenhouse gas emissions than an equivalent amount of U.S. grid electricity, making it a more environmentally friendly choice, according to PERC.Propane is a clean-burning fuel that emits fewer greenhouse…
Viking Orders Two Firm, Four Option Cruise Vessels from Fincantieri
Fincantieri and Viking signed contracts for the construction of two new cruise ships, which will build on the characteristics of previous ships already built in their Italian factories for this shipowner. The ships will be delivered in 2030. The value of the deal, subject to financing and other standard terms and conditions, has been defined as "large", or between 500 million and 1 billion euros.Fincantieri…
Russia Opts for Ship-To-Ship LNG Transfers to Free Up Ice-Class Tankers
Russia plans to arrange ship-to-ship transfers of liquefied natural gas and gas condensate in the Barents and Bering Seas to free up more ice-class tankers for its biggest LNG producer, Novatek, a draft project document showed on Tuesday.Novatek has been pressing ahead with its new Arctic LNG 2 project despite Western sanctions restricting access to the tankers it needs to carry LNG along the Northern Sea Route to Asian markets.
Oil Firm Hires DOF Group’s PSV for Work Offshore Australia
Norwegian offshore vessel operator DOF Group has secured a multi-million dollar contract with international oil company for the platform supply vessel (PSV) Skandi Feisten.The vessel will continue with the current client on a new 18-months firm contract with a further 18-months extension option.The start of the contract will be in direct continuation from the existing contract with an undisclosed client…
MOL Inks Charter for Singapore’s First FSRU with Singapore LNG Corp
Mitsui O.S.K. Lines (MOL) has signed an agreement with Singapore LNG Corporation, Singapore's state-owned LNG terminal operator, on a long-term time charter contract for one newbuilding floating storage regasification unit (FSRU).The FSRU will be built at Hanwha Ocean in South Korea. After delivery, planned for 2027, MOL will own, manage, and operate the FSRU.The 200,000 m3 FSRU will be moored at the Jurong Port in Singapore…
Puget Sound Naval Shipyard Adds New Dive Boat
The divers with Code 760, Regional Dive Locker at Puget Sound Naval Shipyard & Intermediate Maintenance Facility took delivery of a new purpose-built dive boat in May.The new boat replaces an Explosive Ordnance Disposal support boat built in 1991 that PSNS & IMF acquired in 2007.According to Mike Richardson, Diving Operations manager, Code 760, the new boat will help the divers accomplish their mission…
MAN Engines Introduces New MAN D3872 Engine
In the course of the market launch of the MAN D3872 for workboats, MAN Engines is expanding its portfolio with additional performance for heavy-duty applications. The new MAN D3872 in the LE427 variant for heavy-duty applications has an output of 920 kW (1,250 hp) at 1,800 rpm and is equipped with an exhaust gas aftertreatment system consisting of a diesel particulate filter and SCR system.This means…
CMA CGM and SUEZ Partner on Biomethane
CMA CGM Group and circular waste management company SUEZ have signed a memorandum of understanding (MoU) to establish a long-term industrial partnership on biomethane, a renewable fuel produced through waste recovery, to help decarbonise shipping in Europe.Th agreement aims for:• The supply by SUEZ of up to 100,000 tonnes of biomethane per year by 2030. This biomethane would be used by the CMA CGM…
Singapore MPA and IRENA Collaborate on Energy Transition
The Maritime and Port Authority of Singapore (MPA) and the International Renewable Energy Agency (IRENA) have signed a memorandum of understanding (MoU) aimed at accelerating the energy transition of the global maritime and port sectors.Under the MoU, MPA and IRENA will promote knowledge exchange and best practices across the maritime and energy industries, focusing on clean energy infrastructure and supply chains for zero and near-zero emission fuel.Additionally…
Offer to Appoint Mediator in Montreal Port Dispute Rejected
Canadian Labor Minister Steven MacKinnon said on Tuesday his proposal to appoint a mediator to help settle a dispute at the port of Montreal had been rejected.MacKinnon made the offer last week in a bid to resolve a standoff between the Maritime Employers Association and Montreal Longshoremen's union over a new contract.
Engine Upgrade for TDI-Brooks' Vessel Brooks McCall
TDI-Brooks on Tuesday announced it will repower its oceanographic research vessel Brooks McCall to ensure compliance with California Air Resources Board (CARB) emissions regulations ahead of a U.S. West Coast offshore wind survey campaign next year.The 2000-built Brooks McCall is a 48.46-meter (LOA) Jones Act-complaint multi-use vessel suited for various comprehensive site investigation surveys and…
New Liebherr Mobile Harbor Crane Ordered at Antwerp XL
International Car Operator NV (ICO) has acquired a second Liebherr mobile harbor crane, the LHM 550, further enhancing its operational capabilities at the Vrasene terminal in Antwerp. The crane features a 54-meter outreach and a lifting capacity of up to 154 tonnes, solidifying ICO's position as a leader in the roll-on/roll-off (RoRo) cargo handling sector.The Vrasene terminal spans 125 hectares and processes approximately 7…
Amasus to Install Another Suction Sail System
Amasus has signed a fresh eSAIL (suction sail) contract with Spain’s bound4blue. Under the new agreement, a 22-meter unit will be retrofitted on a 90-meter, 3,000 dwt vessel at Astander Shipyard in Santander, scheduled for mid-2025. The installation will set a new benchmark as the largest suction sail system on a general cargo vessel.Amasus sealed the deal with bound4blue after assessing the impact of its first suction sails on Eems Traveller…
Germany Opens Baltic Sea Naval HQ Amid Rising Tensions with Russia
Germany inaugurated on Monday a new multinational naval headquarters for the Baltic Sea capable of leading operations for NATO during a conflict, as the military alliance increases focus on the area amid rising tensions with Russia."Our message to our partners and to those who threaten our peace is simple: Germany stands firmly by its commitments," Defence Minister Boris Pistorius said according to a draft of his speech at a ceremony at the country's naval command in the coastal city of Rostock…
Carlyle Quits Bidding Process for Thyssenkrupp Marine Arm
Private equity firm Carlyle has dropped out of a bidding process for the warship division of stricken conglomerate Thyssenkrupp, the German company said on Tuesday.Carlyle's withdrawal as a suitor for Thyssenkrupp Marine Systems (TKMS) is a major blow to Thyssenkrupp's restructuring, which also includes plans for a 50:50 steel joint venture with Czech billionaire Daniel Kretinsky."We can confirm that the investment company Carlyle Group has informed us that it is withdrawing from the bidding pro
US Exporters Race to Ship Soybeans as Looming Election Stokes Tariff Worries
U.S. soybean export premiums are at their highest in 14 months, as grain merchants race to ship out a record-large U.S. harvest ahead of the U.S. presidential election and fears of renewed trade tensions with top importer China, traders and analysts said.Nearly 2.5 million metric tons of U.S. soybeans were inspected for export last week, including almost 1.7 million tons bound for China, the most in a year, according to U.S.
Russian Oil Export Freight Costs Rising as Sanctions Bite
Freight rates for tankers exporting oil from Russian ports to Asia have risen this month ahead of winter and are set to climb further after recent Western sanctions hitting more tankers involved in the trade, according to industry data and sources.Russian oil is mostly sold to Asian buyers on a delivered basis, where the price includes transport costs, meaning higher freight rates would weigh on Moscow's…
