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22 Feb 2024

Floating Production – A Growing Segment in Transition

The FPSO offshore floating platform for oil production off the coast of Newfoundland, Canada. The structure is designed for ice conditions and deep wells. See Less
Copyright Dolores Harvey/AdobeStock

The specialized deepwater oil & gas and floating offshore wind segments will share many of the same stakeholders and supply chains, competing for increasingly scarce resources.To receive a full version of Inteletus analysis, click hereThe established floating production segment is forecast to experience continued growth through this decade, driving demand for, among other things, moorings, subsea systems, umbilicals, risers, flowlines and the large anchor handlers and subsea support vessels that will install and maintain the elements.At the same time…

27 Dec 2023

Alabama Pilots Receive New Launch from Gladding-Hearn

(Photo: Gladding-Hearn Shipbuilding)

The Alabama Pilot, Inc. in Mobile, Ala., has taken delivery of its second Chesapeake Class high-speed pilot boat, Mobile Pilot, from Somerset, Mass. shipbuilder Gladding-Hearn Shipbuilding, Duclos Corporation. Delivery of its first Chesapeake launch, Dixey, was in 2017.With a length overall of 53.6’, a beam of 17.8’, and a draft of 4.6’, the new all-aluminum pilot boat, features the Ray Hunt Design deep-V hull. It is powered by twin Caterpillar C-18 diesel engines, each delivering 671Bhp at 2100 rpm and a top speed of 27 knots.

30 Nov 2023

US Ferry Services to Receive New Funds Through Bipartisan Infrastructure Law

© susanne2688 / Adobe Stock

The U.S. Department of Transportation’s Federal Transit Administration (FTA) on Thursday announced grants totaling $220.2 million from President Biden’s Bipartisan Infrastructure Law to modernize the nation’s ferry systems. The program focuses in part on expanding ferry service in rural communities, helping communities acquire modern ferry boats (including electric boats that reduce carbon pollution), and upgrading shore infrastructure to support high-quality, low-emission ferry service.“For many communities around the U.S.…

30 Nov 2022

Germany to Get New Qatari LNG flows Through QatarEnergy, ConocoPhillips Deal

Credit: QatarEnergy

Germany is set to receive new flows of Qatari liquefied natural gas (LNG) from 2026 after QatarEnergy and ConocoPhillips COP.N on Tuesday signed two sales and purchase agreements for its export covering at least a 15-year period. Since Russia's invasion of Ukraine in February, competition for LNG has become intense, with Europe in particular needing vast amounts to help replace Russian pipeline gas that used to make up almost 40% of the continent's imports.The deal, the first of its kind to Europe from Qatar's North Field expansion project…

08 Nov 2022

Thailand to Receive New Research Vessel

(Image: Incat Crowther)

Thailand’s Department of Marine and Coastal Resources (DMCR) in 2023 will receive a new research vessel to patrol its coastal environments and monitor the nation’s fisheries and marine resource.Designed by Australian naval architecture and marine engineering frim Incat Crowther, the vessel will be built by Seacrest Marine, which held a keel laying ceremony for the newbuild in August 2022.The Incat Crowther 25 is based on a proven Incat Crowther design, the 25m catamaran has a…

23 Aug 2022

Hapag-Lloyd Begins Major Green Fleet Upgrade Program

(Photo: Hapag-Lloyd)

German container shipping group Hapag-Lloyd announced it has begun a comprehensive five-year fleet upgrade program to improve the energy efficiency of ifs containership fleet. The program will require an investment "in the three-digit million range", Hapag-Lloyd said.The company said at least 86 of its ships will be equipped with new and more efficient propellers. The first to be upgraded, the 7,500 TEU Ningbo Express, will receive a new propeller optimized for energy efficiency by the German manufacturer MMG, to be installed in Dubai in September.

02 Jun 2022

Norway's Hammerfest Plant Resumes LNG Production almost Two Years After Fire

The Hammerfest LNG facility
(Photo: Einar Aslaksen / Equinor ASA)

Norway's Hammerfest liquefied natural gas plant has restarted LNG production following a fire almost two years ago, boosting the country's gas exports, operator Equinor said on Thursday.The company last week told Reuters the plant had completed repairs and was preparing to restart output. The plant had been offline since late September of 2020, and a restart was postponed several times while repairs were carried out."This is of great significance in a period when predictable and reliable supplies are highly important to many countries and customers…

02 Jun 2022

Korean Shipbuilder Can't Accept New FSRU Orders as Capacity Full

Credit: Karel/AdobeStock

Korea Shipbuilding & Offshore Engineering (KSOE) has mostly filled its order book for the next 2-1/2 years as the pandemic drove demand for container ships, leaving little room to meet the needs of the liquefied natural gas (LNG) sector, a senior company executive said.With U.S. LNG exports rising, more LNG carriers are traveling longer distances to customers in North Asia and Europe while European countries have snapped up floating storage and regasification units (FSRUs) as they ramp up LNG imports to replace Russian gas supplies in the wake of the Ukraine crisis.However…

20 Apr 2022

MARAD Announces New 'Marine Highway' Route and Projects

© Jon / Adobe Stock

The U.S. Department of Transportation’s Maritime Administration (MARAD) announced the designation of a new Marine Highway Route, two new Marine Highway Projects, and one Project Designation Extension as part of the America’s Marine Highway Program (AMHP). While focusing on supply chain efficiency will have nationwide effects, the states of Illinois, Michigan, Wisconsin, Alaska, Hawaii, Washington, California, and Oregon will receive new routes, designations, or extensions.The…

28 Sep 2020

Bermuda Ferry Returns to Gladding-Hearn for Refit

(Photo: Gladding-Hearn Shipbuilding, Duclos Corporation)

Resolute, one of two high-speed passenger catamarans delivered by Gladding-Hearn Shipbuilding, Duclos Corporation to Bermuda's Ministry on Transport in 2002, has returned to the shipyard for a complete refit. The project’s completion is scheduled for May 2021.Designed by Incat Design (currently Incat Crowther), the all-aluminum 250-passenger vessel measures 84 feet long, 30 feet abeam and draws 5.3 feet.Among myriad items to remove, repair or replace is replacing the vessel’s Detroit Diesel engines with new engine controls and monitoring systems to operate twin MTU 10V2000M72 diesel engines…

04 Sep 2020

SMS Group Relocates

(Photo: SMS Group)

SMS Group said it is relocating its Southampton headquarters to become the only ship repairer based within the Port of Southampton.The business will move to Western Avenue, within ABP Southampton’s footprint adjacent the King George V drydock.The move represents a strategic decision to move the business closer to its core customer base, and at the same time improve its geographical location, says Ben Rowe and Dave Chaffers, who head SMS Southampton. The location will also improve the company’s quayside presence…

05 Aug 2020

Alaska Marine Lines Upgrading Its Rail Barges

(Photo: Alaska Marine Lines)

Alaska Marine Lines says four of its rail barges will receive new piping and ballast systems designed by Glosten with installation by Meridian Marine Industries."The rail barges are hitting 20 years of service and were in need of some upgrades," explains John Maketa, T-115 Port Engineer in Seattle. "These barges are the backbone of our rail operations and Central Alaska service. The updates will prepare them for another 20 years of service."Two barges, the Anchorage Provider and Whittier Provider, already have the new piping systems installed.

26 Jan 2020

Tallink to Repair Silja Europa at Turku Yard

Estonian shipping company Tallink Grupp said that its vessel Silja Europa has set sail to Turku Repair Yard in Naantali, Finland for scheduled maintenance and planned renewal works that would make the ship more environmentally friendly.The 1993-built vessel will stay in Turku Repair Yard for two weeks, returning to the Tallinn-Helsinki route on February 9, said a press note from the provider of mini-cruise and passenger transport services in the northern Baltic Sea region.During the scheduled docking, the vessel will undergo considerable renovation of several key passenger areas. Also, technical upgrades will be carried out on the vessel.For example…

19 Jun 2019

Bourbon BoD to Analyze Restructuring Proposals

File Image: CREDIT Bourbon

Following the submission of financial restructuring proposals subject to conditions precedent, the Board of Directors of BOURBON Corporation reviewed today the two proposals which are considered relevant to the interests of the group, its employees, its partners and its shareholders.In particular, the Board relied on the review done by an ad hoc committee of four Directors (two of whom are independent) entrusted since July 2018 with assessing the impact and salient points of each…

15 May 2019

Hamburg Police Receive New ProZero Boat

Photo: Tuco Marine Group

Tuco Marine Group closed a deal for new ProZero 8m Center Console Interceptor with Hamburg Police Special Forces.The 8m ProZero CC Interceptor is the short-length successor to the 12m ProZero Interceptor. The 8m Center Console offers a non-stepped, variable deep V-bottom hull featuring a fine forward entry, a flared bow, wide chines and lifting strakes/spray rails.Itr is constructed from carbon fiber composites to yield a low total weight, high performance, fuel efficiency and extended range. The ProZero boats are capable of reaching speeds in excess of 40 knots under full loading conditions.

01 Nov 2018

Tripling the Service Life of Fish Holds

Epoxyamine Coating Extends Tank Maintenance Intervals: A Sherwin-Williams Protective & Marine Coatings Case Study.A commercial fishing vessel that shows up at a seafood processing facility with its catch housed in rusty fish hold tanks is flirting with potential disaster. The processor may refuse the vessel’s entire haul if it sees rusty water or floating paint chips inside the holds. And when your vessel can hold more than $3 million of value at dock prices, you certainly don’t want to run the risk of corrosion eating away at your profits.“If we don’t have good fish holds…

06 Jun 2018

PDVSA Raises Prospect of Force Majeure on Oil Exports

© Igor Groshev / Adobe Stock

OPEC member Venezuela has raised the prospect of declaring force majeure on contracts with major crude buyers amid plummeting output from its oil fields and tanker bottlenecks at ports, according to three sources familiar with the matter.Falling production from Venezuela has contributed to a rally in global oil prices to a near four-year high, and other OPEC members may boost output at a meeting later this month to compensate for the shortfall and other risks to global supplies.Oil is the financial lifeline for the embattled socialist government of President Nicolas Maduro…

30 Mar 2018

CARENA Acquires New Dock

The Compagnie Abidjanaise de Réparation Navale et de maintenance industrielle (CARENA), subsidiary of the Bolloré Group and the SOFIA Group, just acquired a 3rd dock, enhancing the operational capacity of West Africa’s biggest shipyard. With this new dock, CARENA is increasing its hosting capacity by over 40 %. With this 175-metre-long and 26-metre-wide piece of equipment – a nearly 5 billion CFA Franc investment – CARENA’s teams now have more space to accommodate larger ships and receive new clients. CARENA, with its 450 linear metres of docks, is today modernising by investing in new equipment: two new tower cranes, one new floating crane with greater lifting capacity…

30 May 2017

Tropical Opts for Seawater Lubricated Shaft Package

Image: Thordon Bearings

Thordon Bearings’ Jacksonville-based distributor Coppedge Marine has secured an order with Tropical Shipping for the COMPAC seawater lubricated propeller shaft bearing system. The COMPAC systems destined for two 300TEU box ships under construction in China, at the Guangzhou Huangpu Wenchong Shipyard, will represent a first reference for COMPAC with this ship owner. “Tropical Shipping is a long-standing customer to whom we have supplied various Thordon equipment over the years,” said Ed Coppedge, Vice-President, Coppedge Marine.

17 Mar 2017

Skilled Workers Needed to Build Trump's Navy Vision

U.S. President Donald Trump says he wants to build dozens of new warships in one of the biggest peace-time expansions of the U.S. Navy. But interviews with ship-builders, unions and a review of public and internal documents show major obstacles to that plan. The initiative could cost nearly $700 billion in government funding, take 30 years to complete and require hiring tens of thousands of skilled shipyard workers - many of whom don't exist yet because they still need to be hired and trained, according to the interviews and the documents reviewed. Trump has vowed a huge build-up of the U.S. military to project American power in the face of an emboldened China and Russia. That includes expanding the Navy to 350 warships from 275 today.

23 Aug 2016

BG Freight Line Orders Four Containerships

Image: BG Freight Line

BG Freight Line, a fully owned subsidiary of Peel Ports Group, is to receive new tailor-made short sea container feeder vessels optimized for the company’s Irish Sea Hub services. The new class of ‘green’ vessels has been developed by BG Freight Line operation with ARKON Shipping as project initiator/commercial manager, technical managers Jüngerhans Maritime Services and designers CIMC ORIC. BG Freight Line will take delivery of four sister vessels under long-term charter after delivery from China’s Zhoushan Changhong International Shipyard, with them expected to enter service during 2018.

04 Sep 2015

Rosneft, Gazprom to Receive Four Arctic Fields

Ministry of the Environment sent to the government documents on the transfer of "Rosneft" and "Gazprom" licenses for the development of four more fields on the Arctic shelf, he said in an interview with RIA Novosti Minister of Natural Resources and Environment Minister Sergei Donskoi. Minister of Natural Resources and Environment Minister Sergei Donskoi also added that the decision to suspend the issuance of licenses for parts of the shelf is not accepted, and the Department continues to issue licenses for the development of the Arctic shelf in accordance with current legislation, according to RIA Novosti. "The proposal to suspend the issuing of licenses on the shelf was considered, but we continue to issue licenses under the current legislation.

30 Mar 2015

Powerful Submarines Join Israel’s Navy

The Israel Navy’s fourth submarine, the ISS Tanin (Crocodile), is expected to become fully operational in a few weeks and participate in naval operations. The nuclear-capable submarine boasts an array of sophisticated weaponry, as well as the latest in intelligence-gathering technology. It stands at a whopping 68 meters long, compared to 57.3 meters on average for other submarines. The navy’s fifth submarine, meanwhile, is expected to arrive this summer, and is now in the final stages of construction at the Howaldtswerke-Deutsche Werft (HDW) shipyards in Kiel, Germany. Israel is expected to officially take control of the ISS Rahav (“arrogance” or “fearlessness”) in a few weeks, when it will begin its maiden voyage from Germany to Israel. Lt. Col.

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