Russia's Arctic LNG 2 Last Line is on Hold
The third and the last train of the Arctic LNG 2 project in Russia has been put on hold but the second train is likely to be installed, the head of stakeholder TotalEnergies' said.The liquefied natural gas (LNG) project in the Russian Arctic has faced challenges from U.S. sanctions imposed on the project last November over the conflict in Ukraine, and subsequent force majeures by shareholders.At the end of 2023 Arctic LNG 2 started tentative production at its first train…
Maersk Warns Oversupply to Hit Profits
Maersk warned on Thursday that container shipping overcapacity would hit profits more than expected this year and that it didn't see a major boost from the jump in freight rates due to Red Sea disruptions, hammering its shares.The warning, which also led the Danish shipping giant to suspend its share buyback programme, is in stark contrast with investors' recent optimism about the sector.Container…
Lithuania Probes Baltic Sea Oil Spill
Lithuania said on Thursday it had been informed by a subsidiary of Polish oil refiner Orlen PKN of an oil spill in the country's waters in the Baltic Sea and had launched a probe into the incident.Lithuania's Environmental Protection Department said in a statement the subsidiary, Orlen Lietuva, had informed it on Wednesday of a 300-litre spill near the Butinge oil import terminal in connection with…
Great Lakes Iron Ore Trade Up 12.4% in January
Iron ore shipments transported by U.S.-flag vessels on the Great Lakes totaled 2.8 million tons in January, an increase of 12.4% compared to 2023, according to latest data published by trade group the Lake Carriers’ Association (LCA)Loadings were also above the month’s 5-year average by 24.4%, LCA said.(Source: Lake Carriers’ Association)
Littoral Combat Ship USS Kingsville Complete Acceptance Trials
Last week, on January 31, the future USS Kingsville (LCS 36) returned pier side after successfully completing acceptance trials in the Gulf of Mexico for the U.S. Navy, Mobile, Ala. shipbuilder Austal USA announced.During acceptance trials, comprehensive testing is conducted on the ship’s major systems and equipment in order to demonstrate their successful operation and mission readiness. The U.S.
Pilot Miscue Caused Barging Collision on the Mississippi River -NTSB
A towing vessel pilot incorrectly recalling the agreed-upon passing arrangement led to tows colliding last year in the Mississippi River, the National Transportation Safety Board (NTSB) said Thursday.According to the Inland Navigation Rules, when two vessels are meeting or crossing, each vessel shall signal its maneuvering intentions by using the vessel’s whistle or VHF radio. About 20 minutes before the 19-barge Big D tow and 42-barge Carol McManus tow met at the bend near Fort Adams…
Amogy Issued Feasibility Statement by Lloyd’s Register
Ammonia power solutions company Amogy informs it has been awarded a feasibility statement by classification society Lloyd’s Register (LR).Amogy has developed an ammonia-to-electrical power system that splits, or “cracks,” liquid ammonia into its base elements of hydrogen and nitrogen, which then funnels the hydrogen into a fuel cell, generating power at five times the energy density of lithium batteries.The…
Insights: Blake Powell, JMS Naval Architects
Blake Powell, president at JMS Naval Architects, discusses his career, company and latest trends in naval architecture and marine engineering.Please give a brief professional bio, including education, experience and overview of current duties as president of JMS Naval Architects.I earned my degree in Naval Architecture from the University of California, Berkeley where I attended on a Navy ROTC scholarship and was commissioned as a Diving and Salvage Officer after I graduated.
Volunteer Fire Department in Indiana Gets Its First Boat
A volunteer fire department in western Indiana has increased its capabilities to respond to incidents on lakes and waterways after getting an unexpected grant.The Bellmore Volunteer Fire Department purchased its first boat through funding from Marathon Pipe Line (MPL), a subsidiary of Marathon Petroleum’s midstream segment, MPLX.The department’s chief said he had considered budget cuts to make the…
Hydrogen-powered Vessel H2 Barge 2 Delivered
Holland Shipyards Group announced it has delivered H2 Barge 2, the second hydrogen-powered vessel for Future Proof Shipping.The vessel has undergone a complete retrofit from traditional internal combustion technology to cutting-edge hydrogen fuel technology. The project involved removing the main engine and reduction gearbox, replacing the diesel engine driving the bow thruster and diesel generators with a new modular propulsion system.
Maersk to Spin Off Svitzer
Denmark's A.P. Moller-Maersk said on Thursday it will spin off its towage and marine services activities and plans to list the new company on the Nasdaq Copenhagen stock exchange.Maersk has sought to streamline its business in recent years, spinning off oil rigs and other units that did not fit with its core shipping and logistics operations.The anticipated first day of trading for the shares of the new company…
DNV Updates ‘Go-To Standard’ for Offshore Energy Operations
DNV has published a substantial revision to the ‘go-to standard’, DNV-ST-N001, for the design and planning of marine operations for the transport, installation and removal of offshore wind farms, subsea cables and oil and gas assets.The new major changes reflect the changing nature of the offshore industry in line with its support of the energy transition, ensuring that the standard remains relevant…
Wärtsilä Books Ammonia Fuel System Order for Two Exmar Gas Carriers
Wärtsilä Gas Solutions, part of technology group Wärtsilä, will deliver the fuel supply system for Exmar’s two new medium size gas carriers that will operate with ammonia fuel.The ships are being built at the Hyundai Mipo Dockyards (HMD) in Korea for ship owner Danish shipowner Exmar LPG, a joint venture between Exmar, a multi-disciplinary maritime and offshore solutions provider, and Seapeak, one…