BIMCO Publishes Quiet Enjoyment Letters
BIMCO has published two standard Quiet Enjoyment Letters (QELs), the first standard form QELs available to the industry, to offer a tool that can ensure the charterers’ uninterrupted use of a ship if the owner defaults under the financing facility. The QELs will be provided by the lender to the charterer to ensure that the charterer, who does not have a contractual relationship with the lender but only with the owner, can continue to “quietly enjoy” the ship in case of the owner’s default.
EST-Floattech Receives €4 Million Investment
Developer of maritime battery systems EST-Floattech has received an investment of 4 million euros from Energy Transition Fund Rotterdam and existing shareholders Rotterdam Port Fund, PDENH, Ponooc, and Yard Energy.Energy Transition Fund Rotterdam is investing 3 million euros, the fund's first investment in maritime battery systems. The existing shareholders are jointly investing 1 million euros.The announcement was made by Chantal Zeegers…
Aussie Pumps Releases New Bronze Pump
Australian Pump Industries (Aussie Pumps) has launched a 4-inch NiAl bronze self-priming pump with hydraulic drive.The new pump, called the B4XRA/B HYD34, produces 2,200 lpm and can operate at up to 42psi. It can also lift water through a vertical suction lift of 6m.Aussie Pumps Chief Engineer John Hales said: “The pumps self-prime. You can see from the big tank that’s designed into the body. When…
Ultimate Boats Delivers Recyclable Patrol Boat
Glasgow boatbuilder Ultimate Boats has delivered a recyclable patrol boat to fellow Scottish organisation Loch Lomond & The Trossachs National Park Authority.The bespoke vessel is 11 meters in length with a 3.1 meter beam. It features six permanent shock mitigation seats and two fold-down shock mitigation crew seats. Powered by two 350 HP Suzuki outboard engines, it has a 2,050kg payload, 1,000 litre…
KR Verifies HMM’s GHG Reduction Calculation Methodology
KR has awarded a third-party verification certificate for a “Greenhouse Gas Reduction Calculation Methodology” developed by HMM, South Korea’s largest shipping company.The methodology is based on the Renewable Energy Directive II, a regulatory framework adopted by the EU to promote the use of renewable energy to all member states.The greenhouse gas reduction methodology verified by KR involves calculating the amount of reduced greenhouse gases (GHG) based on the fuel's life cycle emissions (WtW…
Orca AI Platform Helped Fleet Cut CO2 Emissions
Maritime technology company Orca AI has calculated that its automated situational awareness platform achieved significant operational gains for clients in 2023, including a 172,716-tonnes reduction in CO2 emissions and fuel savings.The drop was attributed to fewer sharp manoeuvres and speed drops, as well as an overall reduction in the number of potential incidents and collisions avoided.The analysis…
ICS Publishes Anti-Bullying Principles
The International Chamber of Shipping (ICS) has launched a set of industry principles for establishing effective measures to combat and eliminate harassment and bullying in the maritime sector.The principles have been published against the backdrop of a report by the International Labour Organization (ILO) – alongside Lloyd’s Register Foundation (LRF) and Gallup – on experiences of violence and harassment at work.
Almaco Completes Two Projects for Carnival Jubilee
In October 2023, Almaco successfully delivered a project for the newbuild Carnival Jubilee at Meyer Werft shipyard in Papenburg. The catering project consisted of a full visual turnkey delivery of all the ship’s provision stores.Additionally, Almaco supported the yard with manpower for work consisting of fixed furniture installation in over 1,000 cabins. This second project was delivered in December 2023.Meyer Werft and Carnival Cruises chose Almaco to plan…
Maritime AI Company to Support INTERPOL
Maritime AI company Windward has announced a partnership with INTERPOL, the International Criminal Police Organization, to assist in their mission of facilitating a secure maritime environment.Windward’s Maritime AI will provide intelligence to help identify, track, and prevent criminal activities such as illicit trafficking, human smuggling, piracy and illegal fishing.The lack of actionable visibility in the maritime domain emboldens criminals…
Blue Wasp Marine Awarded AiP for Wind Performance Prediction Software
RINA has awarded an Approval in Principle (AiP) for Blue Wasp Marine’s Pelican performance prediction software for wind-assisted ships.With this, Pelican has become the first software of its kind to have received class recognition.Pelican, the product of over 10 years of PhD research, is able to simulate the performance of a ship equipped with wind propulsion technologies using specific wind conditions and sea states. Pelican features a built-in force module for both aero- and hydrodynamics.
Unifeeder to Add Two More Methanol-powered Vessels
Unifeeder Group announced it has completed a long-term charter agreement for two additional methanol-capable container feeder vessels. This follows the agreement for two initial vessels announced in October 2023. The latest agreement is in partnership with German-based ship owning group Elbdeich Reederei and Norwegian shipowner MPC Container Ships (MPCC), who are responsible for one vessel each. The 1…
Newport News Begins Topside EMALS Testing on John F. Kennedy (CVN 79)
HII announced today that its Newport News Shipbuilding division (NNS) recently began topside testing of the electromagnetic aircraft launch system (EMALS) on aircraft carrier John F. Kennedy (CVN 79).EMALS, first integrated into USS Gerald R. Ford (CVN 78), replaces the existing steam catapults currently in use on the U.S. Navy’s Nimitz-class aircraft carriers.Following successful “no-load” testing on catapults one and two, known as the ‘bow cats,’ the NNS team, alongside the John F.
EMSA Taps Spire to Continue SAT-AIS Data Services
Spire Global, Inc., a provider of space-based data, analytics and space services, reports it has been awarded two framework contracts by the European Maritime Safety Agency (EMSA) with a maximum overall budget of €8.4 million. Concurrent with the framework award, Spire received two specific awards that total multi-million euros under the framework contracts. Under the contracts, Spire will provide…
Yantai Dual-fuel Methanol WTIV Design Receives ABS Approval
Classification society ABS reports it has issued approval in principle (AIP) to Chinese shipbuilder Yantai CIMC Raffles Offshore Ltd. for its design of a dual-fuel methanol, heavy-duty, offshore wind turbine installation vessel (WTIV).The WTIV is capable of transporting and installing the largest wind turbines in the world, those capable of producing up to 20 megawatts (MW) of electricity, and promises to reduce carbon emissions with its dual-fuel methanol propulsion system.
Biden Executive Order Targets Cybersecurity at US Ports
President Biden on Wednesday signed an Executive Order aiming to strengthen cybersecurity at U.S. ports amid growing threats to America's vital maritime supply chains.The directive bolsters the Department of Homeland Security’s authority to address maritime cyber threats, including through the creation of new standards to ensure the security of networks and systems throughout the nation’s marine transportation system (MTS)…
ARC Keeps the Cargo Rolling
With a fleet of nine U.S.-flag RoRo ships, American Roll-On Roll-Off Carrier Group (ARC), is the U.S.’ premier commercial RoRo carrier of U.S. government and military cargo. As the world becomes an increasingly contentious place, Eric P. Ebeling, President & CEO, ARC, discusses the vast capabilities of the ARC fleet and logistics network, as well as the challenges and opportunities ahead for U.S.-flag…
Demand for Maritime Shaft Generators Increasing
30 years ago shaft generators with PTI capability kept container ships sailing at top speed. That purpose gone, PTI/PTO is making a new comeback in more cargo shipping segments, this time for reducing emissions.Retrofitting a shaft generator is not an insignificant undertaking. Around 50 tons of equipment needs to be installed into the engineroom through a hole in the hull. A new section of shaft is…
Canadian Coast Guard Awards Contract for Icebreaker Life Extension
Canada's Minister of Public Services and Procurement, Jean-Yves Duclos, on behalf of the Minister of Fisheries, Oceans and the Canadian Coast Guard, Diane Lebouthillier, announced a contract award following a competitive process, valued at approximately $44 million (including taxes) to Ocean Industries Inc. for the vessel life extension of the CCGS Griffon.Scheduled to take place from June 2025 to October 2026…
BEMAC Acquires The Switch
Japanese marine electrical machinery supplier BEMAC Corporation has completed its acquisition of The Switch Engineering Oy, Finland-based special electric machine and high-power converter product supplier, following a tripartite share purchase agreement signed last October.BEMAC Corporation, in partnership with global trading and investment company Mitsui & Co., Ltd., has acquired 100% of the shares in The Switch.The Switch produces permanent magnet machines (PMM)…
Ship Hit by Missiles and Abandoned in Red Sea Faces Unknown Fate
A cargo ship abandoned four days ago in the Gulf of Aden after it was hit by missiles fired by Yemen's Houthis is still floating despite taking in water, and could be towed to nearby Djibouti, industry sources said on Wednesday.Shipping risks have escalated due to repeated drone and missile strikes in the Red Sea and Bab al-Mandab Strait by the Iran-aligned Houthis since November. U.S. and British…
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