Sanmar Launches First Emissions-Free ElectRA Tug for Its Own Fleet
Turkish shipbuilder Sanmar has launched electric battery-powered ElectRA tug for its own fleet, which will provide towage, ship assistance and escorting services at six ports around Turkiye.ElectRA will be the seventh electric battery tug delivered from Sanmar Shipyards within a year, five of which are already operating in Vancouver in Canada, while the sixth is currently being delivered to Norway.Based on the ElectRA 2300SX design from Canadian naval architects Robert Allan LtdâŠ
Posidonia 2024 Exhibitors Anticipate Paradigm Shift as AI Gains Traction
The maritime industry, often viewed as conservative and measured in its approach to technological integration, is on the cusp of a transformative era with artificial intelligence (AI) emerging as a prominent player. Insights from key exhibitors at the upcoming Posidonia Shipping Îxhibition reveal a new landscape, where industry leaders strategically align with the inexorable rise of AI and consider adopting it already.According to Theodore Vokos, Managing Director, Posidonia Exhibitions S.A.âŠ
HD Hyundai Goes for Accelleronâs Digital Turbocharger Tool for Vessels
Accelleron has signed an agreement with HD Hyundai Marine Solution (HD HMS) that simplifies access to its digital turbocharger optimization solutions for vessels built or serviced by the worldâs biggest shipbuilder, HD Korea Shipbuilding & Offshore Engineering.As part of the agreement, Accelleronâs Turbo Insights performance analytics platform will be integrated into HD HMSâs Integrated Smartship System (ISS), with further digital solutions also deliverable through ISS on demand.TheâŠ
Chevron Names Yavuz GM for its Global Marine Lubricants
Chevron announced it has appointed Ayten Yavuz as the new General Manager, Global Marine Lubricants.Yavuz joined Chevron in 1991 and has held notable positions over three decades at the company. Most recently, Yavuz was the Regional Manager of Chevron Marine Products for North West Europe and the Americas.In her new role, Yavuz will be responsible for charting the course toward profitable growth, innovation and development within the marine business sector, Chevron said. She willâŠ
Samsung Heavy Industries Gets $1.5B FLNG Order
Samsung Heavy Industries (SHI) has secured an engineering, procurement and construction (EPC) contract for a new floating LNG production unit worth $1.5 billion.SHI formed a consortium with Black & Veatch for the delivery of the new FLNG unit, subject to final investment decision for the project (FID) being developed by the 'North American client'.Undisclosed by SHI, the client is most likely Haisla Nation and Pembina Pipeline Corporation (Pembina), a partner in the development of the proposed Cedar LNG projectâŠ
All Clear for Fincantieriâs Acquisition of Remazel Engineering
Advanced Technology Industrial Group, a company controlled by Alpha Private Equity, has reached an agreement for the sale of 100% of Remazel Engineering to Italian shipbuilding giant Fincantieri.The anticipated completion of the transaction, expected in the first quarter of 2024, will result in Remazel becoming part of Fincantieri.The integration will combine Remazel's engineering and technological expertise in the offshore energy sector with Fincantieri's strategic vision, propelling the Italian shipbuilder's advancements in the realm of energy transitionâŠ
MOL First Shipping Company to Issue 'Blue Bonds'
Mitsui O.S.K. Lines, Ltd. has decided to issue âblue bondsâ through a public offering in Japanâs domestic market in January 2024, reportedly the worldâs first blue bonds in the shipping industry, which refer to the guidance provided by the International Capital Markets Association (ICMA) and other organizations.The Blue Bond Framework developed for the issuance of the bonds will ensure that all uses of the bondsâ proceeds will contribute to a sustainable blue economy, and the bonds received the highest rating of âBlue1(F)â from the Japan Credit Rating Agency, Ltd.
Digitalization: Maritime Charts its Course
Maritime players plotting pathways to data collaboration with digital projects in line with new BV-backed research study.Digital technologies are increasingly being leveraged by shipping players to facilitate data collaboration among different actors in areas like ship design, vessel performance and port calls as a new Thetius research study backed by Bureau Veritas (BV) shows this will be vital to drive decarbonization, an OrbitMI-hosted panel heard at the recent Shipping Insight event in the US.âData-poweredâŠ
Sustainable Fund Launched for Methanol Fleet
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. SICAVâRAIF (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 PatriaâŠ
Celebrity Ascent Delivered to Celebrity Cruises
Celebrity Cruises announced it has taken delivery of its latest newbuild, the 141,420 GT Celebrity Ascent, built by Chantiers de l'Atlantique shipyard in St. Nazaire, France. The fourth cruise ship in the line's Edge Series, Celebrity Ascent is 1,073 feet long with a 128-foot beam, 27-foot draft and capacity for up to 3,260 passengers. Equipped with Wärtsilä engines and ABB Azipod propulsion, the vessel cruises at speeds up to 22 knots."Celebrity Ascent features all the innovative and award-winning Edge Series signature experiences that launched a new era in cruise ship designâŠ
Wärtsilä to Supply Engines for Orient Express Silenseas Newbuilds
Wärtsilä announced it will supply its recently introduced Wärtsilä 25DF dual-fuel (LNG) engine for two new sail-assisted luxury cruise ships. The vessels are being built at the Chantiers de lâAtlantique (CdA) shipyard in France for Orient Express Silenseas, part of French hospitality group Accor. There is an option for an additional two vessels.The efficient and environmentally friendly Wärtsilä 25DF engine features a two stage turbocharging system, common rail fuel injection and cylinder wise combustion control.
Seaspan and AES to Partner on LNG Bunkering in Panama
Seaspan has signed a memorandum of understanding (MoU) with global energy company AES in collaboration mainly aimed at providing liquefied natural gas (LNG) bunkering services to shipping vessels crossing the Panama Canal, as well as exploring options to provide this and similar services in regional markets within the area of influence of the Costa Norte LNG terminal, owned by AES, located in Colón, Panama. Currently, AES is developing a project to expand the aforementioned terminalâŠ
Hanwha Ocean's 270,000cbm LNG Carrier Earns DNV AiP
South Korea's Hanwha Ocean has received an Approval in Principle (AiP) for an innovative 270,000cbm LNG carrier, the design of which is said to maximize cargo capacity while optimizing vessel performance.The new 345-meter-long LNG carrier by Hanwha Ocean was heralded as a âground-breaking achievementâ by Vidar Dolonen, Regional Manager, Korea & Japan, DNV, when he presented the AiP to Jong Seo Kim, COO of Hanwha Ocean, at Hanwha Oceanâs office in Okpo.The LNG carrier, designed with a breadth (moulded) of 55m and five cargo tanks to minimize sloshing pressureâŠ
Hapag-Lloyd Welcomes "Berlin Express" - the First of its Hamburg Express Class Ships
German container shipping giant Hapag-Lloyd on Monday welcomed into its fleet the âBerlin Expressâ, the first ship of its new Hamburg Express class. At an event attended by some 300 guests from business and politics, naming patron Elke Büdenbender performed the ceremonial christening of the ship at the Container Terminal Burchardkai (Athabaskakai) in the Port of Hamburg. Among the guests were Peter Tschentscher, the First Mayor of Hamburg, and Daniel Günther, the Minister PresidentâŠ
Corvus to Equip First Hydrogen/electric Hybrid Fishing and Training Vessel
Corvus Energy, a company providing zero-emission solutions for the maritime industry, said Monday it had won a contract with Hvide Sande Shipyard in Denmark to supply a complete hydrogen fuel cell system for the training vessel âMS Skulebas.â "This marks a historic milestone for Corvus Energy," Corvus Energy said."The 35-meter fishing and training vessel has the latest technology and commercial fishing systems installed and sets an example of innovation and cooperation within the maritime and education sectors.
ICS Opens New Representative Office in Shanghai
The International Chamber of Shipping (ICS) has announced the inauguration of a new ICS Representative Office in Shanghai.This strategic move follows the admission of the China Shipownersâ Association as a full ICS member in January 2023 and extends the presence of the ICS China Liaison Office which will continue to have a presence in the Hong Kong SAR.The new ICS office, within the offices of the China P&I Club, is located in the North Bund area of Hongkou District, ShanghaiâŠ
All American Marine Delivers Research Vessel for the University of Hawaiâi at MÄnoa
Bellingham, Wash. shipbuilder All American Marine (AAM) announced it has delivered a new research vessel for the University of Hawaiâi at MÄnoa on behalf of the Hawaiâi Institute of Marine Biology (HIMB).The state-of-the-art research vessel, Imua, is a 68.5â x 25â semi-displacement aluminum catamaran hull that was developed by Nic de Waal of Teknicraft Design in Auckland, New Zealand. The vessel contains proven design elements found in the recently commissioned research vessels Blue Manta and Shearwater built for BlueTide Puerto Rico and Duke UniversityâŠ
Indonesian Government Buys UK-Built Submarine Rescue System
UK-based Submarine Manufacturing and Products (SMP) will provide its new submarine rescue system (SRS) to the Indonesian Navy.The SRS will be hosted on a mothership designed by independent design and engineering consultancy Houlder and delivered by its Indonesian strategic partner, BTI Defence.The three-year build contract will include the UK design and manufacture of the SRS, centered around SMP's new SRV-F Mk3 rescue submersible. The custom build of the mothership will take place in regionâŠ
US Navy Awards Leidos Unmanned Vessels Contract
Tech company Leidos was recently awarded a new task order by Naval Sea Systems Command to manage, operate and maintain the U.S. Navyâs Overlord and medium unmanned surface vessels (USVs). The single-award task order has a one-year base period of performance and two one-year options. The task order has a maximum value of approximately $95 million if all options are exercised.âLeidos is leading a new era of naval operations,â said Gerry Fasano, Leidos Defense Group president. âThe Leidos team has unmatched experience and expertise in autonomous vessel design and operationsâŠ
'A New Era for the Ship Recycling Industry'
The International Maritime Organization (IMO), Bangladesh and Liberia have announced the ratification of the Hong Kong Convention by both nations, marking what shipping trade organization BIMCO said is the beginning of a new era for the ship recycling industry.The Hong Kong International Convention for the Safe and Environmentally Sound Recycling of Ships, commonly known as the Hong Kong Convention, is a multilateral convention adopted in 2009, designed to improve the health andâŠ
Steel in the Water: Foundation Installation Kicks Off for First Commercial-scale U.S. Offshore Wind Farm
The installation of the first monopiles and transition pieces has kicked off for the first commercial-scale offshore wind farm in the United States - the Vineyard Wind 1.âWe can finally say it â as of today, there is âsteel in the water,ââ said Klaus S. Moeller, CEO of Vineyard Wind, the company developing the Vineyard Wind 1 offshore wind farm, located in a federal wind energy area 15 miles south of Martha's Vineyard and Nantucket, and 35 miles from mainland Massachusetts.VineyardâŠ
Profile: Stars Align for Wallem Commercial Services
Market drivers have created a significant opportunity for Wallem to grow a specialised area of business, according to Capt. Anurag Mathur, Managing Director, Commercial Services, Wallem Group.Wallemâs portfolio of commercial services is ideally placed for expansion across a full range of vessel types, according to the executive appointed to drive for growth in January 2023. And Capt. Anurag Mathur, whose previous roles include senior managing directorships at leading ship owning and ship management companiesâŠ
GTTâs Three-tank Concept Gets AIP from Lloydâs Register
GTT and Samsung Heavy Industries (SHI) have received an approval in principle (AIP) from Lloydâs Register for the application of a new design of liquefied natural gas (LNG) carrier featuring GTTâs three-tank concept equipped with the Mark III Flex membrane containment system. This approval is the result of a joint development project (JDP) initiated in 2022, aiming at designing a new generation of LNG carrier.The JDP study has demonstrated several benefits of this new design for ship-owners and operators.