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New Report News

07 Jan 2024

Report Identifies Four Key US Industrial Carbon Capture Clusters

Source: Carbon Clean

EFI Foundation CEO Ernest J. Moniz has published a new report, supported by carbon capture solutions company Carbon Clean, that describes a new coordinated regional approach in the US with great potential for significant carbon emissions reductions.The report, “A New Industrial Backbone: Exploring U.S. Regional CCUS Hubs for Small-to-Midsize Industrial Emitters” lays out a blueprint that calls for a hub approach to carbon capture.The study identifies four regional hubs in the…

11 Dec 2023

New Blue Sky Report Outlines N. America Roadmap to Net Zero Maritime Transport

© y zxvisual / Adobe Stock

The Blue Sky Maritime Coalition (BSMC) has released a new report titled, Roadmap to Net-Zero Emissions: North American Waterborne Transportation, which envisions industry-wide decarbonization by 2050 and identifies the guiding principles and key actions that will help the maritime value chain meet that vision.By understanding what success in 2050 looks like for each stakeholder, the roadmap works backwards to identify the steps and pathways needed to bring that future to reality.

28 Nov 2023

Report Highlights EU Live Animal Transport Issues

Source: Eurogroup for Animals

A new report provides insights into animal welfare issues during transport within and from the EU.Around 44 million farmed animals a year are transported, including unweaned calves and lambs on journeys from Europe lasting up to three weeks.Inadequate and misleading official records are masking the true horror and scale of the EU’s long-distance trade in farmed animals, say the international NGOs Eurogroup for Animals and Compassion in World Farming, on release of the report.

21 Nov 2023

Equinor’s Economic Boost to Local Industry Increases

Employees at the Mongstad refinery near Bergen.
(Photo: Ole Jørgen Bratland / Equinor)

A new report shows that deliveries to exploration, operation and modification of Equinor-operated fields and onshore plants in Norway exceeded 93 billion NOK in 2022, an increase of approximately 13% from the previous year.The report was presented at Equinor’s autumn conference by the company’s executive vice president for Exploration and Production Norway (EPN), Kjetil Hove, together with the five trade unions in Equinor: Industri Energi, SAFE, the Norwegian union of managers and executives (Lederne), NITO and Tekna.“Our activities create substantial national and local ripple effects.

13 Nov 2023

Inmarsat: Number of Distress Calls Remains High

Source: Inmarsat

Tankers transmitted the most distress calls in 2022, according to Inmarsat’s new report: The Future of Maritime Safety Report 2023.Inmarsat GMDSS data indicates that tanker distress incidents have risen steadily over the past five years from 80 distress calls in 2018, through 134 in 2021 to its highest peak so far in 2022 at 160. However, the cause for this remains unclear. “Whilst the gradual increase could potentially be linked to the overall increase in the global fleet during the same period, it seems likely that other factors are at play,” states the report.

02 Oct 2023

Big Money Needed to Develop US Offshore Wind Ports

(Source: Business Network for Offshore Wind, “Building a National Network of Offshore Wind Ports: A $36B Plan for Domestic Clean Energy Infrastructure”)

Much has been written about potential bottlenecks in store for various parts of the U.S. offshore wind industry, from vessels to monopiles. A new report published by the Business Network for Offshore Wind (BNOW) outlines the need for significant investment in and development of port infrastructure to support the industry in its goal of 30 gigawatts (GW) of offshore wind power by 2030 and 110 GW by 2050.The good news is that more than 35 new offshore wind port projects have gone into development or began commercial operations in the U.S.

27 Sep 2023

Inmarsat Report Identifies Deficiencies in Safety Culture

Source: Inmarsat

The 2023 edition of The Future of Maritime Safety Report from Inmarsat Maritime, a Viasat business, reveals that the number of distress calls from ships at sea remains high, despite a continuing decline in vessel losses. The new report, which analyses Global Maritime Distress and Safety System information captured by Inmarsat, registered 853 distress calls from January to December 2022 – up from 794 in 2021.With the number of losses of vessels over 100 gross tonnage (GT) falling by 65% in the last decade…

27 Sep 2023

Report: Five Digitalization Steps that can Drive OSV Fuel Efficiency

Credit: Opsealog / Luoman

A new white paper published by maritime performance management company Opsealog sets out five practical steps that OSV operators can take to secure improvements in fuel efficiency through better data analytics.Existing data that companies are already collecting, for example in mandatory logbooks, can enable significant vessel and fleet efficiency gains, says Opsealog.With case studies drawn from Opsealog’s eight years of experience across the world’s offshore markets, the research highlights how having detailed digital monitoring in place helps owners…

17 Jul 2023

Renewable Production Needed to Make Methanol a Viable Marine Fuel -LR

(Photo: Lloyd’s Register)

As technology feasibility continues to grow for methanol as a marine fuel, the main challenges for the industry’s adoption of it are investment and community readiness, according to a new report from Lloyd’s Register (LR).The report, "Fuel for Thought: Methanol", found that technology for methanol usage as a marine fuel is feasible, available and mature in certain cases. Most engine makers will have dual fuel engine models in the near term, and there is significant evidence of interest from shipowners.

25 May 2023

Australia’s Marine Economy Grew Through COVID

© mozZz / Adobe Stock

The economic output of Australia’s marine industry continued to grow despite the effect of the COVID-19 pandemic restrictions on some sectors, a new report released by the Australian Institute of Marine Science (AIMS) shows. The AIMS Index of Marine Industry 2023 is the latest assessment of the contribution of Australia’s marine sector to the national economy, using data from the 2018-19, 2019-20 and 2020-21 financial years. It reveals that Australia’s marine industry had a total output of A$118.5 billion (US$774 million) and supported 462…

26 Apr 2023

Time to Review AI, Says LR

Source: LR

A new report from Lloyd’s Register (LR) and maritime innovation consultancy Thetius advocates investment to improve the understanding of AI at all levels within maritime organisations.With digital solutions presenting challenges due to rapidly evolving technologies, such as AI-driven autonomous systems onboard modern vessels, the report calls for clarity around normal and emergency use cases, pointing to the need for traditional assurance measures to become increasingly integrated.The report…

05 Apr 2023

UMAS Says Energy Efficiency Needs to Improve by 40%

©  EvrenKalinbacak / Adobe Stock

A new report by maritime advisory service UMAS has put figures on the energy efficiency improvements that are needed for international shipping if it is to meet the IPCC-derived 1.5ºC decarbonization pathway.This magnitude of GHG reduction, 37% in 2030 and 96% in 2040 on a 2008 baseline, has also been championed by some states as the targets that IMO should use in its revised GHG reduction strategy – due for adoption at MEPC 80 in July this year.UMAS states that, irrespective of how new fuels enter the global fleet…

10 Jan 2023

US Container Imports Retreat to Pre-pandemic Level

© ADLC / Adobe Stock

U.S. imports of goods in ocean shipping containers in December fell to levels approaching those last seen before the COVID-19 pandemic, a new report said on Tuesday.Demand for kitchen appliances, furniture, big-screen TVs, apparel and other retail goods softened late last year as record inflation bit into disposable income and consumers shifted spending back to travel and other previously restricted activities.December 2022 U.S. container import volume topped 1.9 million 20-foot equivalent units (TEUs), according to Descartes Systems Group.

06 Jan 2023

$3 Billion Forecast to be Invested in New Anchor Handlers to Meet Floating Wind Demand

© Julian / Adobe Stock

Floating wind is an emerging technology. Currently being tested in small scale demonstration and pilot projects, global floating wind commissioned capacity at the end of 2022 was less than 200 megawatts (MW). By 2030, close to 11 gigawatts (GW) of commercial scale wind farms are planned to be commissioned in Europe and the Asia Pacific Region. Then, 2030-2035 will see a period a high commissioning activity as the U.S. joins established European and Asia Pacific markets. Floating installed capacity is forecast to reach 63 GW by 2035.

21 Dec 2022

Poland and the Baltics Eye Growth in Offshore Wind

© Ian Dyball / Adobe Stock

Poland and the three Baltic countries, Estonia, Latvia and Lithuania, present a significant opportunity to expand offshore wind generation beyond the Baltic waters of Denmark, Germany and Sweden. Driven by the need to decarbonize energy supply and increase energy security, Poland and the Baltics can be seen as both a single opportunity for the supply chain to support the deployment of at least 28 GW of offshore wind by 2035 and also as individual country opportunities. Intelatus…

21 Dec 2022

FureBear Orders Svanehøj Electric Cargo Pumps for Seven Tankers

Vinga Series Chemical Product Tankers - ©Svanehøj

Denmark-based marine pump maker Svanehøj said Wednesday it had secured an order to deliver electric cargo pumps for seven LNG-/LBG-fueled chemical & product tankers. The client is the joint venture-company FureBear.Swedish Furetank AB and Canadian Algoma Central Corporation have entered into a joint venture agreement to construct eight LNG/LBG-fueled ice class 1A chemical & product tankers (17,999 DTW) to trade in Northern Europe.The joint-venture company, FureBear, is now placing a significant order with the pump specialist Svanehøj…

17 Nov 2022

Intelatus: Almost 30,000 Offshore Wind Turbines to Be Installed by 2035

Credit: eyeimagery/AdobeStock

Over the last few years, many statements have been made concerning growth in offshore wind turbine and foundation installation demand. These statements have been followed, in some cases, by firm orders for high-specification vessels, mainly from established players. However, many of the announcements remain unconverted into shipyard orders.According to a new report released by Intelatus Global Partners, close to 30,000 increasingly large turbines and foundations will be installed…

15 Nov 2022

New Report Tracks the Maritime Industry's Progress to Net Zero

© Yellow Boat / Adobe Stock

A new report from the Global Maritime Forum, prepared on behalf of the Getting to Zero Coalition, assesses progress toward the development of Green Shipping Corridors - maritime routes between major port hubs where zero-emission solutions are supported and demonstrated – and finds that activity during 2022 exceeded expectations. However as maritime Green Shipping Corridors progress toward implementation, some key industry stakeholders, especially cargo owners and fuel producers, will need to be engaged as soon as possible.

07 Nov 2022

USCG Needs to Do More to Improve Fishing Vessel Safety - GAO

© David J. Shuler / Adobe Stock

The U.S. Coast Guard must do more to improve safety in the extremely dangerous commercial fishing industry, according to a new report from watchdog agency the U.S. Government Accountability Office (GAO).Commercial fishing has one of the highest industry death rates in the U.S., according to the U.S. Bureau of Labor Statistics. Since fiscal year 2011, multiple commercial fishing vessel safety requirements have been enacted. As the principal federal agency for ensuring marine safety, the U.S.

16 Jun 2022

Great Lakes-Seaway Cargo Rose 7% in 2021

(Photo: Michael Hull / Chamber of Marine Commerce)

Great Lakes-St. Lawrence Seaway ships carried an estimated 149 million metric tons of cargo to and from domestic ports, and to overseas markets during the 2021 shipping season — an increase of 7% over pandemic-stricken 2020, a new report from the Chamber of Marine Commerce shows.“This report paints a clear picture that the bi-national Great Lakes-St. Lawrence Seaway System supported the economic recovery and growth of many of our key industries in both Canada and the U.S. The…

04 May 2022

Snarled-up Ports Point to Worsening Global Supply Chain Woes

Credit: Idanupong/AdobeStock

Global supply chain problems look to set to worsen, a new report published on Tuesday said, as China's COVID-19 lockdowns, Russia's invasion of Ukraine, and other strains cause even longer delays at ports and drive up costs.The study by analysts at Royal Bank of Canada (RBC) found that one-fifth of the global container ship fleet was currently stuck in congestion at various major ports.In China, ships awaiting berth at the Port of Shanghai now tally 344, a 34% increase over the past month…

14 Feb 2022

Floating Power Plants: Is Nuclear the Key in the Net-zero Energy Transition?

Image courtesy NuScale Power, LLC

Floating nuclear power plants (FNPPs) may not immediately spring to mind as providing a solution to several of today’s key global challenges – but FNPP development is emerging as a means of decentralized stand-alone production of cost competitive hydrogen-based fuels and clean electricity and water, according to a new report by Intelatus Global Partners.The commercial case for deployment of FNPPs featuring small modular reactors is founded in the growing demand for hydrogen and…

03 Feb 2022

VIDEO: "Things are about to change in a big way" for U.S. Offshore Wind

Copyright osabee/AdobeStock

In a recent interview with Maritime Reporter TV, Philip Lewis, Director of Research, Intelatus Global Partners, breaks down the U.S. Offshore Wind market 'By the Numbers.'Let's look at the world . There's around 75GW of offshore wind farms, either operational or being built in the world today. By comparison, the U.S. currently has 42MW of operational offshore wind farms, and there's one wind farm for 800MW that's finally under construction. But things are, in our view, really about to change in quite a big way.One more wind farm will start construction work this quarter…

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