Hanwha Ocean Receives $250M Order for Two Very Large Ammonia Carriers
Hanwha Ocean has secured an order worth approximately $250 million for two very large ammonia carriers (VLACs) for a shipowner in the Oceania region.Each VLAC will be able to transport 93,000 cubic meters (cbm) of ammonia, and will be equipped with eco-friendly technology, the South Korean shipbuilder said.In particular, the ships integrate the company's carbon-reduction technologies, including HS4 (Hanwha SmartShip Solution & Service)âŠ
DOF Vessel to Report for Duty Offshore Australia
Norwegian offshore vessel owner DOF Group has secured âsubstantial contractâ with an international oil company for the platform supply vessel (PSV) Skandi Kvitsøy.The vessel will work in Australian waters and further strengthen DOFâs presence in Australia.DOF Group defines a âsubstantial contractâ as the one with value between $23 million and $48 million (NOK 250 million to NOK 500 million).The contract is set to start in the first quarter of 2024âŠ
IWS to Provide CSOV Fleet for Siemens Gamesa Offshore Wind Projects
Integrated Wind Solutions (IWS) has, through its wholly-owned subsidiary IWS Fleet, entered into a frame term agreement with Siemens Gamesa to provide its commissioning service operation vessel (CSOV) fleet for offshore wind farms in North Europe.IWS Fleet will, under the agreement, provide the Skywalker-class walk-to-work CSOVs to support offshore turbine commissioning works across multiple SiemensâŠ
MOL to Supply FSRU for New Polish LNG Import Terminal
Mitsui O.S.K. Lines (MOL) has been selected by Gaz-System as the preferred shipowner to time charter out a floating storage and regasification unit (FSRU) for the planned LNG import terminal in the Gulf of GdaĆsk in Poland.Polish gas transmission system operator Gaz-System is the project developer and operator behind the future LNG terminal.This is Poland's first such FSRU and is a strategically importantâŠ
Seatrium Secures Contract for LNG Carrier Repairs
Seatrium has secured a favored customer contract with TMS Cardiff Gas for the repair and upgrade of its LNG carriers. The contract includes the refit of 17 LNG carriers in Singapore, with responsibilities in joint planning, information and experience sharing.Alexandros Politis-Kalenteris, Deputy Chief Operating Officer, TMS Cardiff Gas, said, âThe selection of Seatrium as our partner in Singapore aligns with our strategy to grow our LNG business in Asia.
ICS Proposes Zero Emission Shipping Fund to IMO
The International Chamber of Shipping (ICS) has submitted a detailed proposal to the IMO for a Zero Emission Shipping Fund.In recognition of the urgency to move forward with workable solutions to meet ambitious net zero targets, shipowners globally have agreed to mandatory contributions on shipsâ GHG emissions to raise billions of dollars annually, says ICS.The shipping industryâs updated proposal is co-sponsored by Bahamas and Liberia (two of the worldâs largest flag State administrationsâŠ
Design Approval Sought for Fuel Cell High-Speed Vessel
TECO 2030 and Umoe Mandal have delivered a documentation package to the Norwegian Maritime Authority for an approval in principle application of the worldâs first fuel cell high-speed vessel design.The designed vessel is designed to be installed with a multimegawatt fuel cell system for full propulsion.The ship will be constructed based on Umoe Mandalâs proven Crew Transfer Vessel (CTV) Surface EffectâŠ
NYK and Stolt Tankers Commemorate 30th Anniversary
On January 17, the NYK Group and Stolt Tankers held a ceremony in Singapore to commemorate the 30th anniversary of the start of the companiesâ parcel chemical tanker joint venture in Asia and the Pacific.A parcel tanker is a multipurpose chemical tanker capable of carrying many types of cargo, including chemical products, kinetic vegetable oil, etc.The ceremony was attended by Yuji Nishijima, executive officer of NYKâŠ
ONE Trials Dual-Temperature, Controlled-Atmosphere Container
Ocean Network Express (ONE) has launched the worldâs first dual-temperature refrigerated container equipped with controlled atmosphere functionality in collaboration with Pan Pacific International Holdings (PPIH) and NAX Japan.It is the world's first use of marine transportation of the dual-temperature refrigerated container equipped with controlled atmosphere functions that will transport various types of perishable goods and fruits from Japan to overseas stores of Don QuijoteâŠ
2024 a Milestone Year for Maritime Single Window
2024 marks a milestone in the acceleration of digitalization in shipping that has been brought about by the mandatory requirements for a Maritime Single Window.The requirement under the Convention on Facilitation of International Maritime Traffic (FAL) requires governments to use a single digital platform or âMaritime Single Windowâ to share and exchange information with ships when they call at ports, from January 1, 2024.
Houthis Say They Targeted British Merchant Vessel in Red Sea
Yemen's Houthis on Thursday said their naval forces targeted an unidentified British merchant vessel in the Red Sea in the group's campaign to disrupt shipping to protest Israel's bombardment of Gaza.Earlier on Thursday, the United Kingdom Maritime Trade Operations (UKMTO) organization said that an explosion was reported at a distance off a vessel's starboard side west of Yemen's Hodeidah.The vessel and crew were reported safe, UKMTO said.
Kim Jong Un Inspects Shipyard
North Korean leader Kim Jong Un inspected a shipyard and underscored the importance of a strong naval force in "war preparations", state media KCNA said on Friday.Kim's visit is being made public after North Korea tested its new submarine-launched cruise missiles (SLCM) on Sunday, firing an upgraded missile for the second time in a week and accelerating its navy's nuclear armament, according to state media."Strengthening naval force is the most important issue in pushing ahead with war preparati
European Ethanol Producers Challenge EU Maritime Legislation
European renewable ethanol producers have launched a legal challenge to the EUâs FuelEU Maritime Regulation on the grounds that it fails to properly recognise the proven benefits of sustainable crop-based biofuels and has therefore violated several key EU legislative procedures.Companies representing nearly all of the EUâs production of renewable ethanol are seeking to annul a section of the legislationâŠ
Richard M. McCool Jr. (LPD 29) Completes Builderâs Trials
HIIâs Ingalls Shipbuilding division in Pascagoula, Miss. on Thursday announced new amphibious transport dock ship Richard M. McCool Jr. (LPD 29) it is building for the U.S. Navy has completed builderâs sea trials. The San Antonio-class ship spent time in the Gulf of Mexico testing all systems in preparation for the remaining events that will occur prior to delivery of the ship, expected to occur in the spring.âOur shipbuilders have worked hard to get LPD 29 to seaâŠ
Aker Arctic Names Mika Hovilainen Interim CEO
Aker Arctic, a Finnish engineering company specializing in the development of ice-going vessels, on Thursday announced it has appointed Mika Hovilainen as interim managing director and CEO following the departure of longtime CEO Reko-Antti Suojanen.Suojanen, who spent 19 years at Aker Arctic, including 10 as CEO, announced in December he would depart the company to explore new opportunities elsewhere.âI will pass the helm to Mika Hovilainen with good confidence.
Russian Oil Flows Through Red Sea Face Lower Risks
Tankers carrying Russian oil have continued sailing through the Red Sea largely uninterrupted by Houthi attacks on shipping and face lower risks than competitors, according to shipping executives, analysts and flows data.Russia has become more dependent on trade through the Suez Canal and the Red Sea since it invaded Ukraine, which led to Europe imposing sanctions on Russian imports and forced Moscow to export most of its crude to China and India.
Philippines Plans to Buy Submarines to Defend Sovereignty in South China Sea
Philippines President Ferdinand Marcos Jr has approved the third phase of the military's modernization, which includes the purchase of the country's first submarine, in order to defend its maritime sovereignty in the disputed South China Sea.Navy spokesperson for the West Philippine Sea, Roy Trinidad, said on Thursday the third phase of modernization reflected a shift in strategy away from internalâŠ
Royal Caribbean Upbeat on 2024 Profit
Royal Caribbean Group projected 2024 profit above Wall Street expectations after robust demand for cruise vacations and steeper ticket prices helped it beat fourth-quarter earnings estimates on Thursday.With travelers opting for cruises instead of more expensive land-based vacation options, operators are experiencing record levels of bookings compared to pre-pandemic levels, giving them enough room to mark up ticket prices."2023 was an exceptional yearâŠ
Milestones for Bernhard Schulte Offshore CSOVs
Two commissioning service operation vessels (CSOV) under construction for Germany-based Bernhard Schulte Offshore have reached milestones. The steel cutting and keel laying ceremonies for yno 321 and 320, respectively, were arranged at the Crist hull yard, Poland, on January 30, 2024.The two Ulstein-designed CSOVs are characterized by the TWIN X-STERN feature, implementing fore and aft main propellerâŠ
Longship Orders Two Newbuilds from GS Yard
Longship Group entered a joint newbuilding project with Wagle Chartering AS for two "GS Eco-Freighter 3700" to be built by GS Yard BV in Waterhuizen, the Netherlands.The general cargo ships feature single open top box shaped holds of about 181,000 cbft intake. The vessels are equipped with two bulkheads that can be used as tweendecks. They are fitted for grain, timber, project cagos and are drivenâŠ
