Reach Subsea Extends Olympic Taurus Charter and Orders Two ROVs
Norwegian company Reach Subsea has extended the charter for the Olympic Taurus subsea vessel and ordered two new Constructor-type remotely operated vehicles (ROVs) from Kystdesign.Back in February, Reach Subsea announced a 100-day project charter for the subsea vessel Olympic Taurus, with extension options for 2+1+1 years.The company has now extended the charter for an additional two years and retain…
Chemical Tanker Capsizes Off Coast of Japan
A South Korean-flagged chemical tanker has capsized off the coast of Yamaguchi prefecture in western Japan, with operations to rescue the crew underway, public broadcaster NHK reported on Wednesday, citing the Coast Guard.The tanker, Keoyoung Sun, requested assistance after 0700 local time (2200 GMT), reporting the vessel was tilting over, and had 11 crew onboard with four people rescued so far, NHK reported.(Reuters - Reporting by Sam Nussey; Editing by Muralikumar Anantharaman)
World’s First Floating Wind Innovation Centre Opens
The world’s first dedicated innovation centre for floating offshore wind has opened in Scotland.Located in the heart of Aberdeen’s Energy Transition Zone, ORE Catapult’s £9 million National Floating Wind Innovation Centre (FLOWIC), delivered in collaboration with ETZ Limited, is designed to help supercharge the development of floating offshore wind technology in the UK, with funding from both the Scottish Government and Innovate UK.Floating offshore wind represents a huge economic opportunity…
Ports Not Ready for Offloading of CO2 Captured Onboard
A study commissioned by the Global Centre for Maritime Decarbonisation (GCMD), in collaboration with Lloyd’s Register and ARUP, has identified low port readiness as a major hurdle bottlenecking the adoption of onboard carbon capture and storage (OCCS) systems as a practicable decarbonization solution.Whilst the technologies required for offloading onboard captured CO2 exist at high levels of maturity…
DNV and Ocean Sovereign Ink Deal on Fish Farming Superyacht
DNV has teamed up with Ocean Sovereign to obtain French registration for the deployment of a unique fish farming superyacht.Ocean Ark’s patented advanced self-cleaning trimaran superstructure was developed by Ocean Sovereign according to MARPOL, SOLAS and IMO regulations. The vessel is designed to operate in high offshore waters, drifting with the natural current and natural fish shoals. The mobile…
Accelleron Turbocharger Achieves High Efficiency on New Two-Stroke Engine
Accelleron has been chosen to supply turbochargers for Japanese engine builder Makita’s first small-bore two-stroke marine engine featuring exhaust gas recirculation (EGR). The step follows a successful matching test in which Accelleron’s A255-L turbocharger demonstrated high efficiency, supporting both low NOx emissions and overall fuel consumption on the Makita-built MAN B&W 6G45ME-C9.7-EGRBP engine.The Makita engine…
Derecktor Building Hybrid Ferries for Chatham Area Transit
Derecktor Shipyards New York is building a pair of hybrid ferries for Savannah, Ga. based Chatham Area Transit (CAT). Delivery is expected in 2024.The two 65-foot-long, 50-passenger ferries will be equipped with an electric propulsion package from BAE Systems, including permanent magnet traction motors and HybriGen Power system. Each vessel will feature a 308 kWh energy storage system (ESS) from Xalt…
US Navy Secretary Meets with Ship Repair Execs
The United States' Secretary of the Navy, Carlos Del Toro, on Monday hosted executives from major ship repair companies at the Pentagon for a roundtable discussion focused on surface ship repair and modernization initiatives.Navy and Marine Corps leaders have expressed that repair process improvements are critical to meeting the needs of worldwide combatant commanders.“The maritime industry is a strategic sector critical to our economic and national security,” said Secretary Del Toro.
Bollinger Delivers Fast Response Cutter David Duren
Bollinger Shipyards recently delivered the USCGC David Duren to the U.S. Coast Guard in Key West, Fla. This is the 182nd vessel Bollinger has delivered to the U.S. Coast Guard over a 35-year period and the 56th Fast Response Cutter (FRC) delivered under the current program.“We’re incredibly proud to deliver the USCGC David Duren, the first of three Fast Response Cutters to be homeported in Astoria, Oregon,” said Bollinger President & CEO Ben Bordelon.
Euronav to Exit Belgium's Blue-chip Index Two Days After Joining
Tanker company Euronav will exit Belgium's blue-chip Bel-20 index after just two days of trading, as it no longer meets the membership conditions after its takeover by Compagnie Maritime Belge (CMB), bourse operator Euronext said on Tuesday.CMB, owned by the Saverys family, and affiliates together hold 88.61% of the outstanding shares in Euronav, which exceeds the maximum allowed for the index."The Bel 20 rulebook prescribes that should the acquiring party own more than 85% of the shares, the co
Master Boat Builders Delivers Tug for Seaside LNG/Polaris New Energy
Coden, Ala. shipbuilder Master Boat Builders on Monday announced it has delivered Tortuga, the latest tugboat to join Seaside LNG/Polaris New Energy fleet.Tortuga will connect with the barge Clean Everglades, delivered from Fincantieri Bay Shipbuilding in 2023, to form a Jones Act compliant articulated tug and barge (ATB) for bunkering liquefied natural gas (LNG).The new tug has an overall length of 109 feet and features two Caterpillar 3512E main engines…
US Coast Guard Clarifies Fire Safety Rules for Small Passenger Vessels
The U.S. Coast Guard published an interim rule on December 27, 2021, to implement Congressionally-mandated requirements for fire safety on “covered small passenger vessels” (CSPVs), as defined by 46 U.S.C. 3306(n). Congress adopted the statutory mandate in response to the fire and loss of 34 lives onboard the dive boat CONCEPTION off the California coast on 02 September 2019.The USCG has identified…
Securing Our Ports: Where to Start
As dusk descends upon our nation's ports, casting shadows over the waterfront, another shadow looms in the digital landscape — the threat of cyber warfare. In an era where connectivity reigns supreme, our maritime infrastructure stands at a critical juncture, balancing vulnerability and resilience. The recent White House announcement of a Presidential Executive Order, and a hefty $20 billion in Inflation Reduction Act funding proposal to fortify our ports…
Houthis Target Vessel in the Red Sea, Yemeni Military Source Says
Yemen's Houthis targeted a fuel tanker, Mado, in the Red Sea with naval missile and Israel's Eilat port and resort region with winged missiles, the group's military spokesperson Yahya Sarea said on Tuesday.Mado is a Marshall-Islands flagged liquefied petroleum gas (LPG) tanker heading to Singapore from Saudi Arabia, maritime shipping trackers showed. The Houthis described it as American, but Equasis's shipping database indicates that it is owned by Naftomar Shipping & Trading Co Ltd of Greece.
RWE Joins Forces with Spanish Port to Create Floating Wind Hub
Germany's top utility RWE has signed a Letter of Support with the Port Authority of A Coruña to facilitate the scaling-up of the port capacity in support of the Spanish government’s floating wind targets.Working together under a Letter of Support, the partners will investigate the potential for transforming infrastructure at the Port of Coruña, in northwest Spain, into a logistic hub for the marshalling…
BIMCO: 13% of World Seaborne Trade Under Attack from Houthis and Somali Pirates
One of the largest of the international shipping associations BIMCO has reported increased threats associated with maritime shipping amid Red Sea risks related to Houthi strikes and rise of piracy activities offshore Somalia.Since November 2023, the threat to shipping has increased as the Houthis started attacking ships in the Red Sea and the Gulf of Aden. Simultaneously, piracy activity off the East coast of Somalia has risen and since December…
Vestdavit Hits New Sales Record as Orders Increase 76% From Last Year
Norwegian davit supplier Vestdavit has notched up a new annual sales record for another consecutive year after seeing its order intake surge by 76% in 2023 on high demand from the offshore wind and oil and gas sectors, as well as increased sales in its core naval market.Vestdavit has expanded its market position in offshore wind after both gaining new customers and winning repeat orders with existing clients…
Saipem and Fincantieri Form Subsea Alliance
Saipem and Fincantieri have signed a memorandum of understanding (MoU) to evaluate commercial and industrial opportunities for cooperation in the field of autonomous subsea vehicles (AUV) and their integration with surface and underwater units.The MoU is among the initiatives aimed at promoting and developing Italy’s national excellence in the underwater sector.The agreement aims to enable the two…
OMSA Announces New Board Members
Industry trade group the Offshore Marine Service Association (OMSA) announced the addition of four CEOs to its board of directors.The new board members include Wes Bordelon, Chief Executive Officer, Bordelon Marine; Stacy Jo Stanley, Chief Executive Officer, Offshore Oil Services, Inc.; David Dantin, Chief Executive Officer, Odyssea Marine; and Lasse Petterson, Chief Executive Officer, Great Lakes Dredge and Dock."With the addition of these four executive leaders…
Siemens and NVIDIA to Build Industrial Metaverse
Siemens is bringing immersive visualization powered by new NVIDIA Omniverse Cloud APIs to the Siemens Xcelerator platform, driving increased use of AI-driven digital twin technology and creating an industrial metaverse.“We will revolutionize how products and experiences are designed, manufactured and serviced. On the path to the industrial metaverse, this next generation of industrial software enables customers to experience products as they would in the real world: in context…
