Marine Link
Tuesday, March 19, 2024
SUBSCRIBE

Five Years News

13 Mar 2024

RINA to Chart Decarbonization Path for Cruising Sector

© biletskiyevgeniy.com / Adobe Stock

Italian marine engineering consultancy RINA has secured a contract from the Cruise Lines International Association (CLIA) to carry out a comprehensive Global Investment Plan Study aimed at steering the cruise sector towards a sustainable future.The research will provide a worldwide scenario focused on the cruise sector, mapping real-time energy needs, infrastructure and regulations with foresight scenarios extending to 2050.The cruise sector is recognized as one of the most active in driving the shipping industry towards greater sustainability.Today…

10 Mar 2024

Corvus Energy Develops Data-Driven State of Health Test

Source: Corvus Energy

Corvus Energy has developed a DNV-accepted method for data-driven state of health (SOH) testing.SOH tests for marine battery systems are mandatory and give an overall assessment of the condition, performance and safety of the batteries over time. These tests help determine the battery's capacity, efficiency and remaining life. Using data-driven approaches in these tests enhances accuracy and efficiency in monitoring and maintaining marine battery systems. In addition, the test…

05 Mar 2024

Predictive Tech Could Extend Tank Inspection Intervals on LNG Carriers

© Wojciech Wrzesień / Adobe Stock

Inspection intervals for liquefied natural gas (LNG) carrier membrane tanks could be safely extended thanks to monitoring technology and predictive maintenance, according to a study led by GTT Group, Lloyd’s Register and Shell International Trading and Shipping Company Limited.The International Gas Carriers (IGC) Code and IACS UR Z16 rules require LNG carrier cargo tanks to be inspected internally every five years. This joint study explored whether this interval could be extended…

05 Mar 2024

MAN Expands Dual-fuel Methanol Agreement with CCS

(Photo: MAN Energy Solutions)

MAN Energy Solutions and China Classification Society (CCS) signed a sub-agreement in line with the Strategic Framework Agreement (SFA) the two parties previously agreed in September 2023 in Beijing. The SFA, on ‘Decarbonization and Digitalization in the maritime industry’, is scheduled to last for five years.The new sub-agreement – the third such between the companies – covers MAN Energy Solutions’ new MAN L21/31DF-M (Dual-Fuel Methanol) GenSet designed at the company’s Danish site in Holeby.

01 Mar 2024

US Offshore Wind: Down but Not Out

© Eric Dale Creative / Adobe Stock

“The winds of change are blowing wild and free.” – Bob DylanIn the U.S. offshore wind industry, developments over recent months have placed an exclamation point on the word “wild”. Yes, the wind still blows “free”, but mounting challenges have proven that harnessing its power offshore is anything but. In fact, far from it, as rising materials costs, high interest rates, labor shortages and supply chain delays, among other issues, have delivered heavy blows to the commercial viability of several projects.

27 Feb 2024

CMA CGM, COSCO, Evergreen and OOCL Extend OCEAN Alliance to 2032

© MichaelVi / Adobe Stock

French shipping company CMA CGM and its business partners COSCO Shipping 601919.SS, Evergreen 2603.TW and OOCL said on Tuesday that they had agreed to extend their 'OCEAN Alliance' co-operation deal for another five years beyond 2027, to 2032.The 'OCEAN Alliance' partnership aims to help customers deal with their supply chains by offering up fast transit times and access to a wide range of ports, said CMA CGM.The agreement to extend the partnership was signed in Shanghai on Tuesday."The decision to extend our co-operation for at least five more years forges our commitment to meet our customers

26 Feb 2024

Svitzer Reports 2023 Revenue Growth of 6%

Source: Svitzer

Towage and marine services company Svitzer has published its 2023 annual report, showing that total revenue grew 6% to DKK 5,786 million driven by, among other things, a record number of harbour towage tug jobs of more than 150,000.Adjusted for foreign exchange impact, total revenue grew 9.5%. Operating profit (EBITDA) was up 4% to DKK 1,690 million, corresponding to an EBITDA margin of 29.2%. In the past five years, total revenue has on average grown by almost 6% annually with an average EBITDA margin of 30%.

23 Feb 2024

Three Questions: Matt Tremblay, VP, Global Offshore Markets, ABS

Matt Tremblay, ABS’ Vice President of Global Offshore Markets. Image courtesy ABS

The American Bureau of Shipping dominates the global market in the classification of Floating Production. Offshore Engineer recently sat with Matt Tremblay, ABS’ Vice President of Global Offshore Markets, at American Bureau of Shipping HQ in Houston for his insights on market drivers and technical trends in this dynamic market.Matt, big picture, how do you see the Floating Production market developing in the coming years?At a macro level, I think we're going to be supply limited over the next five years.

21 Feb 2024

Ultimate Boats Delivers Recyclable Patrol Boat

Source: Ultimate Boats

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 fuel capacity and range of 400 miles.The vessel is built from Ultimate Boat’s patented Danu recyclable boat building material including its hull…

21 Feb 2024

Demand for Maritime Shaft Generators Increasing

Controllable pitch propeller.
Source: MAN Energy Solutions

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 usually required.That a few shipowners are undertaking such projects - Klaveness Combination Carriers on the Ballard…

21 Feb 2024

Biden Executive Order Targets Cybersecurity at US Ports

© Brian E Kushner / Adobe Stock

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), which supports $5.4 trillion in economic activity each year."Most critical infrastructure owners and operators have a list of safety regulations they have to comply with…

15 Feb 2024

Is Stern Tube Damage Declining?

Shaft removal during stern tube repair procedures courtesy of Marine and Industrial Transmissions.
Photo courtesy Marine and Industrial Transmissions

It might be easy to blame EALs, but the ongoing causes of stern tube damage are varied, and possibly declining.Environmentally Acceptable lubricants (EALs) gained market traction with the introduction of US VGP regulations in 2013. Since then, DNV has observed two major trends. The first, starting in 2013 was early life damage, either during sea trials or within the first five years of operation, where aft stern tube bearings typically failed under extreme load conditions. Then from around 2018…

13 Feb 2024

Carnival Orders Another Cruise Ship from Meyer Werft

(Photo: Meyer Werft)

German shipbuilder Meyer Werft reports it has secured an order from U.S.-based Carnival Corporation for the construction of a new cruise ship for Carnival Cruise Line. The newbuild order is the first placed by Carnival Corporation in five years.Slated for delivery in 2027, the Excel-class ship will be a sister vessel to the 183,200 GT Carnival Jubilee, which was handed over at the end of 2023."Our Excel-class ships have been a tremendous addition to the Carnival fleet and proven very popular with our guests," said Christine Duffy, president of Carnival Cruise Line.

08 Feb 2024

DNV Updates ‘Go-To Standard’ for Offshore Energy Operations

© Zacharias / Adobe Stock

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 and supports the development of cost-effective marine operations during a fast-evolving energy transition.DNV…

03 Feb 2024

Americas Cup Innovation & a Carbon-Free Shipping Future

Image © AYRO  UNI PROD

The Golden Gate Yacht Club (GGYC) represented by BMW Oracle Racing and the Société Nautique de Genève (SNG), the Americas Cup defending champion, represented by Team Alinghi were entwined in a 2.5-year legal battle over multiple court cases, including hearings in the New York Supreme Court and the Appellate Division of the New York Supreme Court, prior to the 33rd edition of the race, due to take place in 2010.The parties disagreed about the location, format, and restrictions on boat design, all of which were changed by the courts prior to the race.

25 Jan 2024

Panama Canal Appoints Chief Sustainability Officer

Ilya Espino de Marotta (Photo: Panama Canal Authority)

The Panama Canal announced that Deputy Administrator Ilya Espino de Marotta will now also serve as the Canal’s first Chief Sustainability Officer (CSO).As CSO, Espino de Marotta will spearhead the development of a comprehensive sustainability strategy focused on decarbonization, adaptation, and transition. Working with the International Finance Corporation (IFC), part of the World Bank Group, the Canal is already in the process of finalizing an inventory of its greenhouse gas (GHG) emissions and aims to complete a climate risk assessment by the end of the year.

19 Jan 2024

US Plugs in First Large Offshore Wind Farm as Developers Play Catch-up

(A GE Haliade-X turbine stands in the Vineyard Wind 1 project area south of Martha’s Vineyard. (Photo: Worldview Films, courtesy Vineyard Offshore)

The U.S. offshore wind industry reached an important milestone on January 2 when Vineyard Wind 1, the country’s first large scale project, supplied first power to the Massachusetts grid.“As the nation’s first utility-scale offshore wind farm this is a fairly momentous event,” Ken Kimmell, Chief Development Officer for Avangrid, the Iberdrola subsidiary co-developing the project with Copenhagen Infrastructure Partners (CIP), told Reuters Events.The turbine will be joined by 61 additional turbines to provide 806 MW of power to the grid by the end of the year…

11 Jan 2024

Rebuilding the Foundations of US Offshore Wind

© Fokke Baarssen / Adobe Stock

As we enter a New Year, the memories of the shocks to the foundations to the U.S. offshore wind segment remain fresh. In short, supply chain inflation and capacity/availability, interest rate increases, and tax credit monetization have been the key themes highlighted by developers to explain why many projects became commercially unviable.Several Northeast and Mid-Atlantic states have reacted rapidly, accepting the termination of power sales & purchase agreements and allowing the canceled projects to be rebid into new solicitations.

11 Jan 2024

DFDS Completes FRS Iberia/Maroc Acquisition

(Photo: DFDS)

DFDS has completed its acquisition of FRS Iberia/Maroc, a short-sea ferry company connecting Spain and Morocco via the Strait of Gibraltar.“We are excited to start the integration of FRS Iberia/Maroc and look forward to applying our joint capabilities to grow the business while continuing to provide reliable, efficient ferry services to both passengers and freight customers,” said Torben Carlsen, CEO of DFDS.Reporting preliminary revenue of DKK 1.0bn for 2023, FRS Iberia/Maroc has three routes operated by a total of 850 staff of which just over 400 are own employees.

09 Jan 2024

BAE Systems Begins Building Shipbuilding Academy in Glasgow

(Image: BAE Systems)

BAE Systems announced construction has begun on a new Applied Shipbuilding Academy at its Scotstoun shipyard on the banks of the River Clyde in Glasgow, as the company bolsters its efforts to develop future talent.Designed to support the development of the entire workforce, from apprentices to senior leaders, the Academy will comprise of a Modern Trade Hall and a Flexible Learning Hub. It will also serve to upskill the existing workforce while attracting new talent.A historic industrial building will be retrofitted to become the Modern Trade Hall…

04 Jan 2024

Bath Iron Works Gets $34 Million to Bolster Its Workforce

(File photo: Bath Iron Works)

Bath Iron Works (BIW) will receive more than $34 million in federal funding for projects aimed at bolstering the Bath, Maine shipyard's workforce.U.S. Senator Susan Collins (R. - Maine), Vice Chairman of Senate Appropriations Committee and Defense Subcommittee, announced the funding has been approved by the U.S. Navy and included in the Fiscal Year 2023 Defense Appropriations bill as part of a larger initiative to make improvements to the infrastructure of the U.S. shipyards that build the Navy’s destroyers.BIW…

21 Dec 2023

Will 2024 be the Year of AHTS Recovery?

The new MS Island Victory Water Installation Vessel for Island Offshore with amazing 477 tonnes bollard pull.
Copyright Arild/AdobeStock

As 2023 is drawing to a close we would once again invite the readers of Offshore Engineer Magazine to gaze into our crystal ball to see what 2024 might have in store for the offshore support vessel industry. Before diving straight into our forward-looking sentiments however, it is important to address some of the main trends in the year that past as these lay the foundation for the year to come.Continuing the market development from the year before, 2023 very much advanced the ongoing recovery for offshore support vessels further.

20 Dec 2023

Stolt Tankers is First to Apply Graphene Hull Coating Technology

(Photo: Stolt Tankers)

Stolt Tankers reports it is the first shipping company in the world to apply a cutting-edge sustainable coating to the hull of one of its vessels.The X-GIT FUEL graphene technology, developed by Graphite Innovation & Technologies (GIT) Coatings, has the potential to reduce fuel consumption and resulting greenhouse gas emissions.X-GIT FUEL is a hard foul release hull coating that creates an ultra-low friction surface to increase vessel performance, without the use of biocides, silicon oils or toxic components.

Subscribe for
Maritime Reporter E-News

Maritime Reporter E-News is the maritime industry's largest circulation and most authoritative ENews Service, delivered to your Email five times per week