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Carnival Corporation Progresses its Sustainability Goals
Carnival Corporation has released its 14th annual sustainability report detailing how it achieved several 2030 environmental goals well in advance.The company is producing 10+% less absolute GHG emissions today than in 2011, its peak historical year, despite increasing capacity by roughly 30% since that time. Tracking toward its 2030 goal four years ahead of schedule, the company formally committed to reducing its GHG intensity by at least 20% by 2026 (versus 2019 levelsâŠ
BOEM Announces Review of Proposed Vineyard Northeast Project
The US Bureau of Ocean Energy Management (BOEM) will initiate an environmental review of Vineyard Northeastâs proposed offshore wind energy project, located 29 miles offshore Nantucket, Massachusetts at its closest point. BOEM estimates the proposed project would generate up to 2,600MW of electricity, enough to power more than 900,000 homes with clean renewable energy. The approximately 132,370-acreâŠ
Port NOLA Bests Container-on-barge Record
The Port of New Orleans (Port NOLA) said 2023 was a record year for container-on-barge shipping.During the last calendar year, Port NOLA marked 20,500 container moves by barge, the highest since launching the container-on-barge networkâthe nation's largestâin 2016 with the Port of Greater Baton Rouge and Ingram Marine Group. Container-on-barge moves containers by water rather than by truck on roads to reduce air emissionsâŠ
Schottel Breaks Ground for Rudder Propeller Factory Expansion in Germany
Schottel has marked the symbolic start of construction for the expansion of its rudder propeller factory in Dörth, with the construction already advancing towards the planned commissioning in 2025.Schottel is expanding its rudder propeller factory by adding a logistics center measuring around 4,000 m2.As the official ground-breaking ceremony was delayed, it has now taken place symbolically againstâŠ
Austal USA Delivers Future USS Kingsville
Austal USA delivered the future USS Kingsville (LCS 36) to the U.S. Navy March 1, 2024. Kingsville is the 18th Independence-variant Littoral Combat Ship (LCS) delivered by the company and the first U.S. Navy vessel to be named after the Texas city home to Naval Air Station Kingsville and directly tied to the historic King Ranch.Delivery documents were signed on board the ship and followed the successfulâŠ
Swire Shipping Opens Branch Office in Japan
Swire Shipping commemorated the opening of its new Japan branch office in Tokyo on February 21,2024 with an event at The Palace Hotel in Tokyo, marking Swire Shippingâs official return to Japan with a physical presence.A highlight of the evening was the Kagami-biraki ceremony â the customary breaking open of a sake barrel â a tradition steeped in respect and appreciation. Esteemed long-serving former employees of SwireâŠ
Foremost Group CEO Angela Chao Killed in Car Accident
Angela Chao, chair and CEO of the Foremost Group, has died in a car accident, the New York-headquartered dry bulk shipping company announced on Monday.Angela Chao was an experienced and well-respected shipping executive, having worked her way up through several leadership positions at the company founder by her father, Dr. James S.C. Chao, with her mother, the late Ruth Mulan Chu Chao, in 1964.Before joining Foremost Group in 1996âŠ
Future Ships: Picture Perfect
Big data, advanced computers and AI are allowing vessel designers to prepare models that leave essentially nothing to chance.âLastly, it may be of considerable importance to form from the draught a block model of the vessel from which a still more accurate judgment may be formed of the fitness and beauty of the body. And should any defect be discovered, farther alterations must still be made, till the draught and the model are perfectly approved of.
Russia Eases Harsh Weather Restrictions to Boost Oil Exports
Russian ports are operating during more severe storms and easing restrictions for non ice-class vessels during winter, traders said and regulations showed, in an attempt to boost exports following disruptions from Western sanctions and harsh weather.Following the European Union oil embargo, Russia has to rely mostly on seaborne loadings, rather than westbound pipeline supplies via the Druzhba pipeline.Traders and analysts said the easing of restrictions carried technical and ecological risks, bu
Tanker Ablaze After Being Struck by Houthis in the Red Sea
Yemen's Houthi rebels on Friday stepped up attacks on vessels transiting the Red Sea, including a hit on a fuel tanker operated on behalf of trading firm Trafigura that sparked a fire.Trafigura said that the fuel tanker Marlin Luanda, which was operating on its behalf, was struck by a missile as it transited the Red Sea.Firefighting equipment on board is being deployed to suppress and control the fire caused in one cargo tank on the starboard sideâŠ
ABC Engines to Equip Jan De Nulâs Largest Cable Layer Yet
Offshore installation services company Jan De Nul has ordered methanol marine engines from ABC Engines for its new cable-laying vessel Fleeming Jenkin with âunrivalled cable-carrying capacityâ.The order includes four 7,200 kW engines and one 1,800 kW engine that can run on (bio)diesel, HVO and methanol.Using green methanol, the engines are also climate neutral and due to the unique combination withâŠ
Maersk Names First Large Methanol-Enabled Vessel
The worldâs first large methanol-enabled container ship has been named Ane Mærsk at a ceremony in the shipyard of HD Hyundai Heavy Industries in Ulsan, South Korea.The 16,000 TEU vessel is named after Ane Mærsk Mc-Kinney Uggla, the Chair of the A.P. Moller Foundation and A.P. Moller Holding. Aneâs eldest granddaughter served as godmother, and christened the vessel by breaking a champagne bottle overâŠ
Panama Canal Appoints Chief Sustainability Officer
The Panama Canal announced that Deputy Administrator Ilya Espino de Marotta will now also serve as the Canalâs first Chief Sustainability Officer (CSO).As CSO, Espino de Marotta will spearhead the development of a comprehensive sustainability strategy focused on decarbonization, adaptation, and transition. Working with the International Finance Corporation (IFC), part of the World Bank Group, the CanalâŠ
Bahri Charters Methanol-fueled Tanker Pair
Bahri business unit Bahri Chemicals will charter two newbuild methanol-powered tankers under a five-year agreement with methanol producer Proman. The vessels, which were officially named during a ceremony hosted at Guangzhou Shipyard International (GSI) in China in November 2023 where both ships were built, will be deployed to transport various products globally.The vessels are the final two of anâŠ
Great Ships of 2023: Icon of the Seas
âTurku is building the real big ships,â said Meyer Turku CEO Tim Meyer.Meyer is not exaggerating. The yardâs latest newbuild, Icon of the Seasâthe first ship of Royal Caribbeanâs Icon classâis 248,655 GT, making it the largest cruise ship ever constructed.In general, the cruise ships rolling out of the nearly 300-year-old Finnish shipyard have been steadily increasing in size since the Meyer Group took full ownership in 2015.
Venezuela Slams Deployment of British Warship to Guyana
Venezuelan President Nicolas Maduro on Thursday said the deployment of a British warship to waters off the coast of Guyana breaches the "spirit" of an agreement reached between Venezuelan and Guyanese authorities.Guyana and Venezuela agreed earlier this month to avoid the use of force and avoid increasing tensions in the long border dispute over the oil-rich Essequibo territory.The 160,000-square-km (62âŠ
FINLAND: âA Birthplace for Icebreakersâ
Finnish companies have designed about 80 percent of the worldâs icebreakers, and about 60 percent of them have been built by Finnish shipyards.Finland is home to a strong and vibrant maritime cluster, with a mix of large, medium and small shipyards, as well as a deep pool of marine engineering expertise and a broad network of vessel equipment suppliers.As one of the worldâs northernmost countries,âŠ
China Leads Global Renewables Race
Currently on target to reach a record-breaking 230GW of wind and solar installations this year, China leads the global renewables market. This is more than double the number of US and Europe installations combined, according to latest report âHow China became the global renewables leaderâ by Wood Mackenzie.Wind and solar project investment for China is expected to reach US$140 billion for 2023, according to the reportâs findings.Alex WhitworthâŠ
Study Calls for 'Liberation of Data' in Shipping Shift for Decarbonization
Siloed data systems represent a ârecipe for duplicative and multiplicative cost inside a company and across companiesâ, an OrbitMI-hosted panel at the recent Shipping Insight event in the US was told, as a Bureau Veritas-backed study highlighted this as a big barrier to data collaboration for digitalization of shipping to cut emissions.Vast amounts of data are generated from ship operations - suchâŠ
HydroWing Unveils Plans for Tidal Energy Project in Wales
HydroWing is gearing up for deployment of its tidal energy technology, following the recent announcement that it has been awarded a contract for a 10MW tidal stream energy project in Wales.HydroWing was the largest tidal stream project in Wales to be successful in the UK governmentâs latest Contracts for Difference round. The project will be located at the Morlais tidal energy site in Anglesey, which is managed by the social enterprise Menter Môn.