Maritime Industry Top News
Silverback Marine Brings Fresh Blood—and Ideas—to Boatbuilding
![(Image: Elliott Bay Design Group)](https://images.marinelink.com/images/maritime/w200h200c/image-elliott-bay-design-group-135408.jpg)
Tacoma, Wash.-based Silverback Marine is a relatively new name in boatbuilding, formed with the tall ambition to “change the way the world thinks about workboats”.“We started Silverback with the vision of essentially bringing, what I would call, the big boat experience to smaller workboats. Enabling people to get a smaller workboat, but also have a real naval architect and engineer go through it—give them renderings…
S.Korea's Hanwha Group to Invest $1.4B for Daewoo Shipbuilding
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South Korea's Daewoo Shipbuilding & Marine Engineering Co Ltd signed a tentative agreement on Monday for Hanwha Group to invest 2 trillion won ($1.4 billion) in return for a 49.3% stake and management rights in the shipbuilder, the companies and Daewoo's major stakeholder said. The agreement, signed with affiliates of Hanwha Group including Hanwha Aerospace, will only be valid if Hanwha is chosen after a period of being open to other bids, Daewoo said in a regulatory filing.
ADNOC to Supply First LNG for RWE's Floating LNG Import Terminal at Brunsbüttel
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German utility RWE has signed a deal with Abu Dhabi National Oil Company (ADNOC) to deliver liquefied natural gas to Europe's largest economy by the end of December, RWE announced on Sunday.Though the initial amount to be delivered is relatively small, it's a politically significant deal to shore up supplies of gas from outside of Russia as Chancellor Olaf Scholz seeks to deepen ties with the Gulf and find alternative energy sources.The deal…
Bangladesh Ferry Accident Death Toll Climbs to 50
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The death toll from the sinking of an overcrowded ferry carrying Hindu devotees in northern Bangladesh climbed to 50 on Monday, with many passengers missing a day after the disaster.Onlookers and relatives of the missing gathered along the riverbank as rescuers searched for bodies, witnesses said."I just want to see the face of my mother," Deepak Chandra Roy said, speaking through tears as he searched for his mother.
Canada and UAE First to Back Maritime Green Fuel Initiative
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Canada and the United Arab Emirates (UAE) are among the first countries to back a new initiative aiming to advance the production, export and import of low-carbon fuels for shipping.The International Chamber of Shipping (ICS) and International Association of Ports and Harbors (IAPH), along with the CEO-led Clean Energy Maritime Taskforce, unveiled the ‘Clean Energy Marine Hubs Initiative’ on Friday at the Clean Energy Ministerial (CEM) in Pittsburgh.
Depleted Rhine Water Level in Germany Holds Above Crisis Lows
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Water depths on the river Rhine in Germany have fallen after dry weather this week but remain well above the crisis lows of this summer, vessel brokers and commodity traders said on Friday.Rain is expected in south German river catchment areas over the weekend and next week, which is expected to raise water levels again, they said.Weeks of high temperatures and scant rainfall in August had reduced the commercial artery's water levels, causing delays to shipping and pushing up freight costs.
US Aircraft Carrier Arrives in South Korea
![Tugboats prepare to maneuver the U.S. Navy’s only forward-deployed aircraft carrier USS Ronald Reagan (CVN 76) to port in Busan, Republic of Korea, Sept. 23. (Photo: Leon Wong / U.S. Navy)](https://images.marinelink.com/images/maritime/w200h200c/tugboats-prepare-to-maneuver-the-135391.jpg)
A U.S. aircraft carrier arrived in South Korea on Friday for the first time in about four years, set to join other military vessels in a show of force intended to send a message to North Korea.USS Ronald Reagan and ships from its accompanying strike group docked at a naval base in the southern port city of Busan ahead of joint drills with South Korean forces.Its arrival marks the most significant deployment yet under a new push to have more U.S.
MARAD to Study Low Carbon Fuels on the Great Lakes
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The U.S. Department of Transportation's Maritime Administration (MARAD) announced the launch of a study exploring low carbon options for shipping on the Great LakesThe research group will be led by the International Council on Clean Transportation (ICCT), in partnership with the American Bureau of Shipping (ABS) and the Conference of Great Lakes and St. Lawrence Governors & Premiers (GSGP).Over a period of 16 months…
Greece's Sole LNG Terminal Ramps Up Imports to Replace Russian Gas
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Greece has cut Russian gas imports by more than half this year thanks to increased deliveries from other producers to its sole liquefied natural gas (LNG) terminal near Athens, the country's gas grid operator said on Thursday.Greece has relied on Russia for about 40% of its gas needs for years but it has ramped up LNG purchases from other countries in line with a European Union plan to cut dependence on Russian energy.
SAAM Towage Adds New Tug in Panama
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SAAM Towage announced it will receive a new tug for its fleet in Panama, the SAAM Quibian, purchased from Türkiye-based Sanmar Shipyards.SAAM Towage’s Technical Manager Pablo Cáceres explained that “this tug’s equipment has been specially selected to reinforce our customers’ needs in Panama, while its compact design ensures safe maneuvers.”SAAM Quibian, the third tug to join the SAAM Towage Panamanian fleet…
Crowley, Berge Bulk Back Onboard Carbon Capture Firm Carbon Ridge
![(Image: Crowley)](https://images.marinelink.com/images/maritime/w200h200c/image-crowley-135385.jpg)
Carbon Ridge, Inc., a developer of modular onboard carbon capture and storage solutions (OCCS) for decarbonizing the maritime industry, has raised $6 million in funding led by the Grantham Foundation for the Protection of the Environment, with additional investments from Crowley, a U.S.-based shipping and logistics company, and Berge Bulk, one of the world’s largest dry bulk owners, as well as Rusheen…
Electrical Failure Led to Collision-causing Steering Loss -NTSB
![Jalma Topic downriver of the office barge with its port anchor out following contact. Inset shows a close-up of the damage to the vessel’s bulbous bow. (Credit: NTSB, Background source: J. Claverie)](https://images.marinelink.com/images/maritime/w200h200c/jalma-topic-downriver-of-the-135384.jpg)
A vessel’s loss of steering led to an estimated $6 million in damages when it contacted a barge near New Orleans, the National Transportation Safety Board (NTSB) said Thursday.On July 12, 2021, the bulk carrier Jalma Topic was transiting upriver on the Lower Mississippi River when it lost steering and struck a stationary barge that was being used for office space. No injuries were reported.During the voyage, the rudder became stuck at port 10 degrees.
95-year-old Laker S.T. Crapo to Be Scrapped
![(Photo courtesy Port of Green Bay)](https://images.marinelink.com/images/maritime/w200h200c/photo-courtesy-port-of-green-135383.jpg)
A nearly century-old vessel used as cement storage at the LaFargeHolcim terminal on the Fox River for the past 25 years is set to be scrapped.On Friday at sunrise, the S.T. Crapo began its journey under tow from the Port of Green Bay to be scrapped at Port Colborne, Ontario, Canada.Built in River Rouge, Mich., the S.T. Crapo was launched in 1927 as a self-unloading cement carrier operating on the Great Lakes…
Furetank Orders Two More Dual-fuel Tankers
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Sweden-based Furetank announced it has signed a contract for two more dual-fuel tankers. The two 17,999 dwt vessels are scheduled to be delivered from the China Merchants Jinling Shipyard in Yangzhou in fall 2024 and spring 2025.The order marks the fifth and sixth sister ships ordered in Furetank's Vinga series this year. The class, designed with a special focus on energy efficiency and minimum environmental impact…
Inmate Dies After Leap from NYC Jail Barge
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An inmate has died after jumping overboard from a New York City jail barge, the city Department of Correction announced.Police officers pulled Gregory Acevedo from the after after he reportedly climbed a fence at the Vernon C. Bain Center and jumped into the East River on Tuesday. The man was taken to the hospital but was pronounced dead after efforts to revive him were unsuccessful, according to officials.The Vernon C. Bain Center, also known as the Vernon C.
Virgin Voyages Announces Biofuels Push
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Richard Branson’s cruise line Virgin Voyages announced it has partnered with independent sustainability experts, the Roundtable on Sustainable Biomaterials (RSB), along with three waste-based sustainable fuel providers to deliver low carbon fuels to the marine industry. Argent Energy, GoodFuels and Twelve are collaborating with the cruise line to further advance Virgin Voyages’ commitment of reaching net zero by 2050.Recognizing there is currently no one-size-fits-all…
Shenghong Petrochemical Preps Terminal for Super Tankers
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Chinese refiner Shenghong Petrochemical Corp, part of the listed Jiangsu Eastern Shenghong Co 000301.SZ, has readied a new terminal to receive Very Large Crude Carriers and boost the refiner's logistics efficiency, a company representative said. The Lianyungang terminal in Jiangsu province is able to dock super tankers with capacity of 300,000 tonnes deadweight.The refiner, which started trial operations at its 320…
Death toll from Lebanon migrant boat climbs to 71
At least 71 people died when the migrant boat they were aboard sank off the Syrian coast after sailing from Lebanon earlier this week, the Lebanese transport minister said…
Molten Salt Reactors: Maritime’s Nuclear Option
![Multipurpose: an illustration of Ulstein International’s nuclear-powered Thor showing its ship-to-ship resupply boom and passenger transfer, and below a close-up of a replenishment operation. Image courtesy Ulstein International](https://images.marinelink.com/images/maritime/w200h200c/multipurpose-an-illustration-of-ulstein-135378.jpg)
A race is being run by nuclear scientists and ship designers. The prize? “Decarbonization’s” holy grail — believed to be a “small” thorium-fueled, molten-salt rector’s unlimited power to propel sea trade. At the same time, a recently revived discussion among leading marine-nuclear thinkers revolves now around how to put an ultra-modern, as-yet non-existent marine reactor aboard a modern commercial vessel.
Lhyfe Launches World First Offshore Hydrogen Pilot
![The Sealhyfe platform on WAVEGEM.](https://images.marinelink.com/images/maritime/w200h200c/the-sealhyfe-platform-on-wavegem-135368.jpg)
France-based clean hydrogen producer Lhyfe has launched the world’s first offshore renewable green hydrogen production demonstrator.The pilot was launched yesterday (September 22) in Saint-Nazaire, France, which will now begin an 18-month wind-powered pilot, as part its drive towards large-scale carbon reduction.It involves Lhyfe's new Sealhyfe 400 kg/day (1MW equivalent) green hydrogen producing electrolyser platform…