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24 Feb 2024

First LNG Carrier Arrives at New German Mukran Terminal

LNG terminal at Lubmin. Image copyright Deutche ReGas

The first vessel carrying LNG for Germany's Baltic Sea terminal of Mukran arrived on Saturday for a test operation as the country steps up its quest to replace Russian pipeline gas.Private company Deutsche ReGas said that Energos Power, a floating storage and regasification unit (FSRU), had moored at the terminal on Ruegen Island, having received approval from local authorities.Germany has intensified its quest to increase LNG capacity for regasification on its shores, as European countries seek to reduce their heavy reliance on Russian gas following Moscow's invasion of Ukraine.The tests will

13 Feb 2024

OPINION: Seeing the Ship as a System Changes Everything

image credit ABB Marine and Ports

Shipping must engage with the decarbonization realities that lie ahead by changing the way it crafts maritime legislation to reflect its place in the interconnected, interdependent world economy, says Eero Lehtovaara, ABB Marine & Ports.ABB Marine & Ports Head of Regulatory & Public Affairs, Eero Lehtovaara has carved out an unusual - and possibly unique - role in the maritime industry over recent years, as a ‘stakeholder’ simultaneously mindful of the perspectives of owners, seafarers…

12 Feb 2024

Foremost Group CEO Angela Chao Killed in Car Accident

Angela Chao (Photo: Foremost Group)

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 1996, Angela Chao worked in the mergers and acquisitions department of Smith Barney…

02 Jan 2024

SIU President Emeritus Michael Sacco Passes Away

Michael Sacco (Photo: Seafarers International Union)

Seafarers International Union President Emeritus Michael Sacco died December 28, 2023, in St. Louis, surrounded by family members. He was 86 years old and passed away from natural causes.Mike was the longest-serving president in SIU history, having led the organization from 1988 until his retirement in February 2023, a period spanning nearly 35 years.The Seafarers International Union, Atlantic, Gulf, Lakes and Inland Waters, AFL-CIO, represents professional United States merchant mariners sailing aboard U.S.-flag vessels in the deep sea…

13 Dec 2023

‘America’s Fireboat’ Heads to Quonset Point for Renovation Work

(Photo courtesy Fireboat Fire Fighter Museum)

Preservation efforts are underway to renovate an 85-year old vessel known as “America’s Fireboat”.Designed by noted naval architect William Francis Gibbs and built in 1938 at United Shipyards on Staten Island, the vessel Fire Fighter would go on to serve a long and storied career before being decommissioned and eventually transferred to The Fireboat Fire Fighter Museum in 2013.The iconic fireboat is undergoing extensive renovations to return the vessel to her original glory, the museum announced this week. Escorted by the U.S.

30 Nov 2023

bp's Search for New CEO to Extend into Next Year

Murray Auchincloss (Source: bp)

bp's search for a new chief executive is set to extend into the first quarter of 2024, three sources told Reuters, while the board's probe into whether previous CEO Bernard Looney breached the code of conduct in his undisclosed personal relationships with staff drags on.The oil company has been in turmoil since Looney's resignation in September, company sources told Reuters, and the share price has underperformed rival Shell since then amid investor uncertainty over bp's future strategy.bp's shares have dropped 9% since Looney's departure, while Shell's have gained 2% over the same period.

15 Nov 2023

Wärtsilä Launches 'World's First' 4-stroke Engine-based Ammonia Solution

Credit: Wartsila

Finland-based marine technology and equipment maker Wärtsilä has introduced the marine sector’s "first commercially available 4-stroke engine-based solution for ammonia fuel."According to Wärtsilä, the new solution enables a significant advance in sustainable shipping operations – during a time in which ship owners are seeking viable options among green fuels. The ammonia solution is now commercially available as part of the Wärtsilä 25 engine platform, which was launched in September 2022.Viridis Bulk Carriers…

09 Nov 2023

Sustainable Fund Launched for Methanol Fleet

Source: ProMarine

ProMarine AG has launched an industry-first sustainable shipping fund with an initial portfolio of four methanol-fuelled MR tankers led by Proman and Stena Bulk.Low Emission Methanol Shipping Company S.C.A. SICAV–RAIF (LEMSCO) is the result of a collaboration between Proman and Stena Bulk. The fund is backed by equity investors and benefits from a green loan from ABN AMRO. LEMSCO's seed assets consist of four methanol fuelled vessels acquired from Proman and Stena Bulk: Stena Pro Patria…

31 Oct 2023

Crowley Names Guthman VP of Business Development for Wind Services

Christy Guthman (Photo: Crowley)

Crowley has named offshore wind veteran Christy Guthman as vice president of business development for its Wind Services business as the company grows in the clean, sustainable energy sector.Guthman most recently served as executive general manager of sales and commercial operations for GE Offshore Wind. During her tenure there, she built the company’s North American sales, marketing and supply chain strategy. Guthman also worked as General Electric’s senior sales director for the western U.S.

19 Oct 2023

AAPA Urges Swift Adoption of Stauber Amendment

© rabbit75_fot / Adobe Stock

The American Association of Port Authorities (AAPA) has voiced strong support of Representative Pete Stauber’s (R-Minn.) amendment to the Transportation Housing and Urban Development (THUD) Appropriations bill which, if implemented, would restore funding for the Port Infrastructure Development Program (PIDP).“The Feds have made a serious, laudable, bipartisan down payment on port infrastructure modernization with $1.45 billion awarded through PIDP so far. Don’t stop now, Congress,” said Cary Davis, AAPA President and CEO.

03 Aug 2023

Geir Bjørkeli to Step Down as CEO of Corvus Energy

Geir Bjørkeli - Credit: Corvus Energy

Geir Bjørkeli has decided to step down as CEO of marine battery solutions provider Corvus Energy.He will continue in his position until at the latest December 31st 2023, ensuring a seamless transition to new leadership.Bjørkeli said: "After leading Corvus for five and a half years, I believe it is time for the company to have a new leader. Together with the rest of the team, I have dedicated extensive efforts to elevate Corvus into a prominent green industrial company within the maritime sector.

03 Aug 2023

Corvus Energy CEO Resigns

Geir Bjørkeli (Photo courtesy of Corvus Energy)

Geir Bjørkeli has made the decision to step down from his role as CEO of Corvus Energy. However, he will continue in his position until at the latest December 31, 2023."After leading Corvus for five and a half years, I believe it is time for the company to have a new leader. Together with the rest of the team, I have dedicated extensive efforts to elevate Corvus into a prominent green industrial company within the maritime sector. The company continues to experience significant growth, with supply issues resolved post-pandemic and record-high order intake.

13 Jun 2023

Furetank Names Jonatan Höglund Deputy CEO

Jonatan Höglund (Photo: Furetank)

Swedish shipping company Furetank said its board of directors has appointed Jonatan Höglund to be the company’s new deputy CEO, marking a milestone of a new generation Höglund moving into top management of the family-owned company.The position has been vacant since Per-Anders Höglund retired in 2021.Jonatan Höglund has a bachelor's degree in marine engineering and is a certificated superintendent. He brings many years of experience as Furetank’s newbuilding inspector, overseeing the development and construction of the VINGA vessel series…

08 Jun 2023

Viridis Bulk Carriers Gets DNV AiP for Ammonia-Fueled Short Sea Bulk Carrier Design

©Viridis Bulk Carriers

Viridis Bulk Carriers has received Approval in Principle (AiP) from the classification society DNV for its ammonia fuelled short sea bulk carrier design. The certificate was presented during the Nor-Shipping trade fair at the DNV stand.An Approval in Principle (AiP) is an independent assessment of a concept within an agreed framework, confirming that the design is feasible, and no significant obstacles exist to prevent the concept from being realized.As the maritime industry is looking to bend the carbon curve towards zero…

03 May 2023

MMA Honors Thomas B. Crowley, Jr.

Source: MMA

Massachusetts Maritime Academy (MMA) has honored Thomas B. Crowley, Jr., CEO and Chairman of the Crowley Corporation, as Person of the Year.The Academy has an established tradition of honoring a civilian or military leader with a distinguished career of excellence, innovation, and service to the maritime industries and other related industries with the Emery Rice Medal, named for an 1897 Academy graduate and WWI hero. Captain Rice was twice recognized by President Theodore Roosevelt for his maritime skill and bravery.Crowley has been at the helm of the privately-held…

24 Mar 2023

OPV P71 Delivered, New Flagship of Armed Forces of Malta

Image courtesy Cantiere Navale Vittoria

The flag of the Republic of Malta waves on the Offshore Patrol Vessel P71 to celebrate the entry into service of the new flagship of the Armed Forces of Malta built by Cantiere Navale Vittoria.At the AFM naval base in Floriana, Valletta, the official delivery ceremony was held for the largest patrol vessel ever built by Cantiere Navale Vittoria. The 75-m unit, built in Italy, will be used in coastal surveillance operations, extended patrolling on the high seas and Search and Rescue operations.OPV P71 is the result of an order with a total value of more than 50 million euros…

21 Mar 2023

Oldendorff Carriers' Longtime CEO Peter Twiss Steps Down

(Photo: Oldendorff Carriers)

Peter Twiss, the longtime president and CEO at German shipowner Oldendorff Carriers, has decided to step down after nearly 28 years with the company. Twiss is succeeded by longtime employee Patrick Hutchins.Twiss’ career started at Concept Carriers in 1995, a start-up company which was established by owner Henning Oldendorff as an operating arm, with the aim of moving closer to the cargo clients. Twiss quickly rose through the ranks, and after running Concept Carriers in the late 90s and being co-CEO of Oldendorff Carriers…

20 Mar 2023

Getting the Work Right: Coordinating Money, Time and Big Projects

© EJRodriquez / Adobe Stock

I. MoneyNo one ever said it’s easy to understand federal budgets and spending plans. Nevertheless, a general sense of clarity and straightforwardness is critical for any review of public expenditures. This becomes more pressing when tracking revenue and expenditures linked to specific users’ fees, such as the $0.29/gallon fuel tax, paid by inland waterways operators. In 2021, the Inland Waterways Trust Fund (IWTF) held $221.5 million, money earmarked to build, maintain and operate…

23 Feb 2023

Top Threats for the Marine Industry in 2023

Fire and explosion onboard ships remains the number one concern. Copyright Artem/AdobeStock

Allianz just released its 12th Risk Barometer, an annual corporate risk survey incorporating the views of 2,712 risk management experts in 94 countries and territories, including CEOs, risk managers, brokers and insurance experts. The overall global results reveal Cyber incidents and Business interruption as the biggest company concerns for the second year in succession. Macroeconomic developments such as inflation, financial market volatility and a looming recession rose to the third spot followed by the impact of the Energy crisis…

24 Jan 2023

Jørgen Wisborg Named Blue Water Chairman

Kurt Skov and Jørgen Wisborg (Photo: Blue Water)

Jørgen Wisborg has been named chairman at Danish-headquartered transport and logistics group Blue Water, taking over from the company's founder and longtime head Kurt Skov.In September last year, Skov announced plans to find his successor, making it possible for him to slow down his work activities.Wisborg joins Blue Water after 17 years as managing director for the Danish energy company OK, where he stepped down last year to focus entirely on board positions. He holds several seats on boards in different companies…

24 Nov 2022

Proman Stena Bulk Names Its First Methanol-fueld Tanker in Trinidad & Tobago

During the unveiling of the vessel name, Dr. the Honourable Keith Rowley, Prime Minister of Trinidad and Tobago, Mr. David Cassidy, Chief Executive of Proman, Mr Erik Hånell, President & CEO Stena Bulk AB and Mrs. Cassandra Patrick, Godmother of the vessel look on - ©Proman Stena Bulk

In a ceremony held in Trinidad and Tobago on November 23, 2022, Proman Stena Bulk Ltd formally named its first newbuild IMOIIMeMAX methanol-fueled 49,900 DWT vessel, Stena Pro Patria.Stena Pro Patria is the first of three methanol-fueled vessels delivered in 2022 to the joint venture between tanker company Stena Bulk and the methanol producer Proman, with a further three newbuilds due for  delivery between now and 2024.The naming ceremony was the first for a methanol-fueled newbuild in Trinidad and Tobago, and was attended by Trinidad and Tobago’s Prime  Minister, Dr.

08 Nov 2022

Bryton Marine Group Names McVitty as COO

Stuart McVitty (Photo: Bryton Marine Group)

Vernon, B.C. based Bryton Marine Group, parent company to a group of aluminum boatbuilding firms, announced it has hired Stuart McVitty as chief operating officer.McVitty will be responsible for developing performance goals and long-term operational plans as well as maximizing efficiency through extensive process analysis and intercompany collaboration. He will work with the CEO Byron Bolton and the senior management team to implement the strategic vision and values of the company.Family…

08 Nov 2022

Kommer Damen Receives Lifetime Achievement Award

During the Maritime Awards Gala in Rotterdam, the Netherlands, Kommer Damen was presented with a Lifetime Achievement Award.. Image FERRY VERHEIJ/Damen

During the Maritime Awards Gala in Rotterdam, the Netherlands, Kommer Damen was presented with a Lifetime Achievement Award, recognizing his achievements, methods and contribution to the Dutch maritime industry. Damen (78) is Chairman of the Supervisory Board of Damen Shipyards Group and is still internationally active in the company that he took over from his father and uncle in 1969.Kommer Damen is a member of the (Dutch) Maritime Council and Honorary Consul of Mexico. From 1988 to 2020 he was a board member of maritime industry association NMT (formerly VNSI).

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