Maritime Industry Top News
Michelin's WISAMO Wing Sail System Gets DNV Approval
DNV has awarded an approval in principle for Michelin's WISAMO wing sail system, which is the first AiP to have been awarded to an inflatable wing sail design. The WISAMO wing sail system is currently being installed for testing on the DNV-classed MN Pelican ro-ro cargo vessel.An Approval in Principle is an independent assessment of a concept within an agreed framework, confirming that the design is feasible, and no significant obstacles exist to prevent the concept from being realized.
Regulators Green Light Freeport LNG to Return Ship Loading at Texas Plant
U.S. federal energy regulators on Thursday approved Freeport LNG's request to return ship loading to service at its long-idled Texas liquefied natural gas (LNG) export plant.Freeport, the second biggest U.S. LNG export plant, shut after a fire in June 2022. The energy market expects gas prices to rise once the plant starts producing LNG again.When operating at full power, Freeport can turn about 2.1 billion cubic feet (bcf) of gas into LNG each day. That is about 2% of total U.S.
HII Breaks Ground on New Submarine Facility
Global all-domain defense partner HII recently broke ground on a new project that will support nuclear submarine construction at its Newport News Shipbuilding division.The Multi-Class Submarine Production Facility is one of three new facilities, enabling NNS to further support the construction and delivery of Columbia- and Virginia-class submarines.“The Navy has made it clear how important both the Columbia- and Virginia-class submarine programs are to our nation’s defense…
Canada Says 'Rigorous' Regulations Needed for Subsea Mining
The Canadian government said on Thursday it would not allow mining in its domestic ocean seabeds without a "rigorous regulatory structure" and that the need for natural resources does not override Ottawa's environmental commitments.Sea floor nodules contain critical minerals used in batteries that are needed to fuel the world's transition to clean energy, but trawling the sea floor for them could disrupt ecosystems."Canada does not presently have a domestic legal framework that would permit seab
TOTE Sells LNG Bunker Barge to Seaside LNG
Seaside LNG announced the acquisition of the liquefied natural gas (LNG) fueling barge the Clean Jacksonville from TOTE Maritime Puerto Rico, LLC, a subsidiary of TOTE Group, LLC.Seaside LNG’s maritime transportation company, Polaris New Energy, has contracted to continue fueling TOTE’s Marlin Class LNG-powered containerships and other commercial customers with its fleet of LNG bunker barges. The Clean…
Name & Shame: Xeneta CEI Tool Highlights Best, Worst Enviro Performers
Xeneta has taken the first step in a campaign to identify the carrier industry’s best and worst environmental performers across the world’s 13 leading shipping trades. With the help of the Carbon Emissions Index (CEI), a tool from Xeneta and Marine Benchmark, carriers have been assessed on the main Far East to South America East Coast container corridor. With first results out, Hamburg Süd is likely celebrating…
Western Bulk Reports $66 Million Profit for 2022
For the second half of 2022, Oslo-headquartered dry bulk shipping company Western Bulk generated a record net profit after tax of $28.6 million, reaching a full-year net profit after tax of $66 million from $1.6 billion in gross revenues. That is the second-best full year result in the company’s history, only outperformed by last year’s net profit after tax of $81 million for the full-year of 2021.Entering the second half of 2022…
Pakistan Navy to Host 50 Nations in Maritime Exercises
Pakistan's navy said on Wednesday it will host 50 countries for regular maritime exercises that are held every two years involving ships, aircraft and special operation forces from Feb.
Chevron Shipping Taps ABS Wavesight for GHG and Sea Cargo Charter Reporting
ABS Wavesight, an ABS-affiliated company, has been selected to provide greenhouse gas (GHG) and Sea Cargo Charter reporting services to Chevron Shipping Company (CSC).
EverWind Gets Approval for North America's First Green Hydrogen Facility
EverWind Fuels, a company founded by private equity veteran Trent Vichie, told Reuters it became the first green hydrogen producer in North America to secure the necessary permits for a commercial-scale facility on Tuesday.Provincial authorities in Canada granted environmental approval for EverWind to begin converting a former oil storage facility and marine terminal at Point Tupper in Nova Scotia…
Philly Shipyard Workers Ink Four-year Labor Deal
Philly Shipyard, Inc. (PSI) announced that a new four-year collective bargaining agreement has been ratified by the Philadelphia Metal Trades Council (PMTC). The PMTC is the exclusive bargaining representative for Production and Maintenance employees at PSI and consists of nine unions.“We are pleased to have successfully ratified this agreement extending our strong partnership with the PMTC,” said Mike Giantomaso, Vice President of Human Resources at Philly Shipyard.
PowerCell to Establish US Presence
PowerCell announced it is looking to establish a local presence in the U.S. market amid growing demand for its hydrogen electric solutions.The company, founded in 2008 as an industrial spinout from the Volvo Group, develops and produces fuel cell stacks and systems for stationary and mobile applications, including commercial marine vessels. PowerCell currently has a presence in Sweden, Norway and China.“The U.S.
Svitzer Appoints New Global Head of Green Ports
A.P. Moller-Maersk's towage arm Svitzer announced Svitzer Australia Chief Commercial Officer Ivan Spanjic has been appointed as Global Head of Green Ports.Svitzer CEO Kasper Nilaus believes Spanjic’s role will be central to helping Svitzer’s customers better adjust their assets and operations to become more sustainable. “Ports and partners across the marine supply chain have long recognized the importance of growing sustainably and responsibly…
US Navy Takes Delivery of Future USS Marinette (LCS 25)
The US Navy accepted delivery of the future USS Marinette (LCS 25) from Lockheed Martin at the Fincantieri Marinette Marine shipyard in Marinette, Wis.“Today marks a significant milestone in the life of the future USS Marinette,” said Capt. Andy Gold, LCS program manager. “I look forward to the commissioning of Marinette later this year and recognizing the contribution of her namesake town and the great shipbuilders who bring these warships to life…
Royal Caribbean Names Laursen EVP, Head of Marine
Royal Caribbean Group named Palle Laursen as executive vice president, head of marine, effective May 1, 2023. Laursen will report to Royal Caribbean Group’s President and CEO Jason Liberty and will join the company’s Executive Committee.With this newly created position, the company will centralize its global and brand marine operations functions under Laursen. He will oversee all marine operations for the company’s entire fleet…
Gondan Shipyard Delivers Edda Boreas CSOV to Edda Wind
Norway-based offshore wind service vessel firm Edda Wind on Thursday took delivery of Edda Boreas CSOV from Gondan Shipyard. The vessel is the second of six sister vessels to be delivered from Gondan.The commissioning service operation vessel will start installation of the motion-compensated gangway- and crane system after leaving the yard in Spain. After this, the vessel will start work at Dogger Bank wind farms in the UK in May…
Crowley Aims to Set Up Offshore Wind Terminal at Port Fourchon
U.S. maritime and logistics company Crowley said it has made a deal that could see it lease and develop an offshore wind terminal in Louisiana's Port Fourchon.The Right of First Refusal agreement was reached during Wednesday’s Greater Lafourche Port Commission (GLPC) Board Meeting in Cut Off, La.The more than 40-acre site, encompassing over 2,200 linear feet of waterfront property, is expected to become the home of a purpose-driven offshore wind facility in the coming years.
US Coast Guard Enforces Safety Zone for Historic Crane Import
The U.S. Coast Guard will enforce a temporary safety zone in the Savannah River on Thursday for the import of the largest gauge ship-to-shore cranes in U.S. history.The…
Defense Tech: Deploying the CUBE to Launch, Lay, Store Sea Mines
SH Defence of Denmark; DA-Group and FORCIT Defence OY AB, both located in Finland, signed an MOU to explore the potential development oflaunching, laying, and storing sea mines via the Containerized Multi-Mission Module system called The CUBE.“The CUBE System from SH Defence is rapidly becoming the standard within modularization of maritime mission capabilities for naval, coast guard, and SAR vessels around the world…
Venezuela's PDVSA Allocates Heavy Crude Cargo to Italy's Eni
Venezuela's PDVSA has allocated an oil cargo to a unit of Eni for a February loading, the first to the Italian firm following a contract suspension this year by new management at the state-run company, people familiar with the matter said. Eni and Spanish oil firm Repsol in May last year received authorizations from the U.S. State Department to take the crude to Europe for outstanding Venezuela debt and dividends, an exception to U.S. oil sanctions on Venezuela.
