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Vessel Management News

09 Nov 2023

Maritime Technology Firms NAVTOR and Voyager Worldwide Set to Merge

Tor A. Svanes, CEO and founder of NAVTOR

NAVTOR, an e-Navigation and performance technology provider to the maritime industry, and Voyager Worldwide, a provider of maritime technology solutions, have agreed to merge.The combined company will deliver products and solutions to approximately 18,000 vessels globally. The transaction is expected to close by December 2023.Both companies provide maritime technology solutions that enable shipping companies to improve safety, efficiency, compliance, and operational performance…

13 Oct 2023

ClassNK Contributes to Social Implementation of MASS

Image courtesy ClassNK

ClassNK is taking a leading role in the implementation of safe and efficient maritime autonomous surface ships (MASS) through a program of research, rule-development, technology trials and certification.While the regulatory framework covering MASS remains a work in progress, it is clear that autonomous ship technologies are already having a transformative effect on shipping.By autonomously executing certain functions that would typically be performed by crew – especially tasks…

15 Aug 2023

Blue Ocean Transfers: A New Jones Act CTV Player Emerges

(Image: Blue Ocean Transfers)

There's a new player in the Jones Act crew transfer vessel (CTV) market: Blue Ocean Transfers (BOT), based on Long Island, N.Y.The McQuilling-Partners-owned company is planning to build a fleet of CTVs to support the U.S. offshore wind industry as it ramps up to meet the Biden administration's goal of 30 gigawatts (GW) of offshore wind by 2030. "BOT is a marine logistics equipment manager, whose equipment is chartered and deployed by wind field developers and their suppliers," the company said in a statement.

06 Jun 2023

CoolCo to Retrofit Boil-off Reliquefaction Units for Improved CII Performance

Source: CoolCo

HD Hyundai Global Service, a ship service subsidiary of HD Hyundai Group, has announced that it has signed contracts with Cool Company (CoolCo), an owner and operator of LNG vessels, to retrofit five LNG carriers with reliquefaction units.The contract value is approximately US$10 million per vessel.A reliquefaction unit is a device used to re-liquefy the boiled off gas (BOG) generated during the operation of LNG cargo tanks, either returning the gas to the cargo tank or preventing natural evaporation using sub-cooled LNG.

06 Jun 2023

ABS Awards AiP for SHI Structural Health Monitoring System

John McDonald, ABS Executive Vice President and COO, with Jintaek Jung, President and CEO of Samsung Heavy Industries (Source: ABS)

The Samsung Heavy Industries (SHI) Hull Stress Monitoring System has received the ABS SMART Tier 2 approval in principle (AiP) for structural health monitoring (SHM).Recognized with a certificate presentation at Nor-Shipping 2023, the AiP is part of a larger joint development project (JDP) between SHI and ABS that aims to enhance hull safety with smart ship technology.The AiP verifies that the design is feasible for the intended application and, in principle, complies with the ABS requirements that include vessel-specific loads and operations monitoring…

27 Mar 2023

NYK to Make Mitsubishi Ore Transport its Wholly-Owned Subsidiary

(File photo: MOT)

NYK agreed to obtain all the shares of Mitsubishi Ore Transport Co., Ltd. (MOT) from Mitsubishi Corp. (MC), Tokio Marine & Nichido Fire Insurance Co., Ltd. (Tokio Marine & Nichido), and Mitsubishi Heavy Industries, Ltd. (MHI), making MOT its wholly-owned subsidiary.MOT is a joint company of NYK, which owns a 40.28% stake, MC, Tokio Marine & Nichido, and MHI, mainly operating vessel management and ship-owning businesses with 17 ships consisting of bulkers, pure car and truck carriers, and wood-chip carriers.

24 Mar 2023

First LNG Bunker Ship Launched in China for Fratelli Cosulich Group

Image courtesy Fratelli Cosulich Group

Alice Cosulich, the first of two Small Scale & Bunker Vessels for Fratelli Cosulich Group was recently christened and luanced at the CIMC SOE shipyard in China.Giulia Cosulich, ESG Corporate Director at Fratelli Cosulich Group, acted as the godmother of the vessel.Alice Cosulich and will sail under the Italian flag with Captain Vincenzo Scotto at the helm.The vessel, which has a 5,300 DWT and can carry 8,200 m3 of LNG and 500 m3 of MGO, will be fitted with Wartsila’s Dual Fuel technology.

16 Mar 2023

Marlink, ABS Wavesight Partner to Fast Track Digital Transformation

Image courtesy Marlink

Marlink and ABS Wavesight signed an agreement to collaborate on using optimized connectivity to support efficient delivery of sustainability services and data to clients’ vessels. The agreement connects Marlink’s blended network with the voyage optimization and vessel management services provided by ABS Wavesight.

06 Feb 2023

Ports & Logistics: Building A New Energy Industry

Sorting out infrastructure, ports and logistics issues will be key as the offshore wind industry scales up to meet the United States’ ambitious targets. (© Solosupremoira / Adobe Stock)

2022 closed with significant developments to advance offshore wind (OSW) and the necessary, related work required at U.S. ports – on the east and west coasts and the Great Lakes. Some of these developments included:Funding – MARAD’s Port Improvement Development Project (PIDP) grants provided over $100 million for wind at four ports.Corporate leadership – Marine giants Foss and Crowley stepped up to lead development projects in California and Massachusetts.New industry focus – The American Association of Port Authorities (AAPA) started a program called POWERS – “Port Opportunities With Energy…

06 Dec 2022

Marco Polo Marine Eyes Offshore Wind Work in Japan

©Marco Polo Marine

Marco Polo Marine, a Singapore-listed offshore vessel company, is looking to enter the Japanese offshore wind market and has signed a memorandum of understanding with "K" Line Wind Service in that regard.Both parties, according to Marco Polo Marine, want to own and run suitable offshore support vessels that will serve customers in the Japanese offshore wind sector.The agreement marks Marco Polo Marine’s entry into another offshore wind market in Asia, in addition to Taiwan, which it entered by acquiring PKR Offshore, an established Taiwan-based wind vessel operator, in May this year.

25 Oct 2022

Samskip Inks Biofuel Supply Deal with GoodFuels

(Photo: Samskip)

Samskip has extended its commitment to sustainable biofuels in shortsea shipping operations, calculating that it will make 45,000 tonnes in additional CO2 emissions savings before the year is out as a result.The European multimodal group has signed a new agreement with supplier GoodFuels, committing the Samskip containerships Endeavour, Innovator, Hofell and Skatafell to run on marine grade bio-residual fuels.Offering a drop-in replacement that cuts 90% cuts off the CO2 emissions generated by conventional fuel oils…

05 Oct 2022

New Energy Saving System for Subsea 7's Seven Arctic Vessel

Credit: Seven Arctic

Offshore installation services company Subsea 7 said Wednesday that its heavy construction/flex-lay vessel Seven Arctic would be equipped with a new energy-saving system. The new energy-saving and storage system will hybridise the vessel which currently has a total installed power of 27 MW and DP3 classification and is suitable for worldwide operations in water depths up to 3,000 metres. "At the heart of the new energy storage system is a containerised battery room with a maximum power of 3750 kW and 1250 kWh of energy. The system also includes a connection for shore power.

21 Sep 2022

Purus Marine Buys UK-based Offshore Wind CTV Firm HST Marine

Credit; HST Marine / File image

Purus Marine on Wednesday announced the acquisition of HST Marine, a UK-based provider of Crew Transfer Vessels (“CTVs”) to the offshore wind industry.HST’s fleet of includes one of the industry’s first battery hybrid CTVs, the Chartwell-designed HST Ella.Post-acquisition, Purus Wind, Purus Marine's offshore wind business, will employ approximately 100 people in the U.K. and Norway with engineering, vessel management, and chartering expertise."Purus Wind will offer its customers battery hybrid CTVs…

15 Aug 2022

American Offshore Services Hires Romano as Vessel Superintendent

Michael Romano (Photo: American Offshore Services)

American Offshore Services said it has hired Michael Romano as vessel superintendent focused on new building and operations as the Massachusetts-based crew transfer vessel owner/operator ramps up to support America's burgeoning offshore wind industry.Romano graduated summa cum laude from the Massachusetts Maritime Academy in 2014. Since graduation, he has earned his Master Unlimited license sailing on a variety of vessels supporting offshore oil and gas. Romano has also gained vessel management experience in his previous marine operations role.Formed in 2020…

20 Jul 2022

ABS and SHI JDP to Develop Smart Hull Monitoring Software

Left to right: Seung-Hyeon Park, SHI Engineer, Ship & Offshore Performance Research Center; Sam-Kwon Hong, PhD, SHI Principal Engineer, Ship & Offshore Performance Research Center; Hyun Joe Kim, PhD, SHI Vice President, Ship & Offshore Performance Research Center; Min-Sung Chun, PhD, SHI Principal Engineer, Ship & Offshore Performance Research Center; Seong-Hun Kim, ABS Business Development Director; Sung-Jin Hwang, ABS Senior Design Development Engineer; Myung-Ho Jo, ABS Business Development Ma

Classification society ABS said it has signed a joint development project (JDP) with South Korean shipbuilder Samsung Heavy Industries Co., Ltd. (SHI) aiming to enhance hull safety with smart ship technology for Structural Health Monitoring (SHM) using a hull sensor package that will allow for more informed and targeted hull surveys.SHI’s Hull Stress Monitoring System (HSMS) will be developed in accordance with the ABS Smart Functions Guide. The system will be installed on a newbuild…

12 Jan 2022

Autoship Systems Corp. Launches Offshore Stability Solution for Jack-ups. Bags Contract with Seaway 7

Canadian firm Autoship Systems Corporation (ASC) in cooperation with its Norwegian reseller, Coastdesign Norway (CDN), has developed an offshore stability software for jack-up vessels called - the Autoload® - Jack Up version and has won a contract to install the solution onboard Seaway 7’s first self-propelled jack-up vessel, VIND 1. Autoload is also installed onboard their entire fleet of vessels which include open deck semi-submersible heavy transportation vessels, cable lay, heavy lift crane installation, and Installation support vessels, Autoship Systems said.

20 Sep 2021

Terral RiverService Purchases Vidalia Dock and Storage

Pictured from left to right: Neil Martin, Carla Jenkins, Sarah Calhoun, Bettye Jenkins, Lauren Lucas, Joshua Knichel (Photo: Terral RiverService)

Terral RiverService announced September 1 the acquisition of the assets of Vidalia Dock and Storage Company, Two-J Ranch Inc., 363 Dry-Dock & Repair LLC, and Natchez Marine and Towing Inc. the premier fleet and yard operator in the Vidalia La., and Natchez, Miss. areas. According to Terral, the acquisition includes a total of four towboats, a dry dock and rock yard. In addition, Terral has acquired all of Vidalia Dock and Storage’s fleeting locations on the Mississippi River located…

30 Jul 2021

Crowley Bags $638M Vessel Acquisition Management Deal with MARAD

Credit: Crowley Maritime

Crowley Maritime has secured a multi-year, $638 million contract for Vessel Acquisition Management (VAM) by the U.S. Maritime Administration (MARAD)."Crowley’s strategic acquisition and vessel management service will assist MARAD in the enhancement of the Ready Reserve Force (RRF), helping reduce the overall age of the fleet and increase ship reliability. The fleet executes U.S. Department of Defense (DoD) sealifts," Crowley Maritime said."To carry out the contract, Crowley will use a new…

08 Jun 2021

ABB to Equip MBARI’s New Research Vessel

RV David Packard. Image credit Glosten © 2021 MBARI

ABB said it will supply power integration technology to support operations on a new research vessel being built for the MBARI (Monterey Bay Aquarium Research Institute) at Freire Shipyard in Vigo, Spain.Earlier this year, MBARI, located in Moss Landing, Calif., announced construction of a new state-of-the-art research vessel designed by Seattle-based Glosten and named in honor of its founder, David Packard. The 50-meter vessel is scheduled to be delivered in 2023.R/V David Packard will feature a wide scope of ABB’s electric…

07 Jun 2021

Fleet Rejuvenation: Euronav Sells Its Oldest Vessel

Belgian oil tanker operator Euronav said Monday it had sold the Suezmax tanker Filikon, built-in 2002, for $16.3 million. It did not say who the buyer was.Euronav said that a capital gain on the sale of the 149,989 dwt tanker was around USD 9.3 million. The vessel was delivered to its new owners on June 4, 2021"Euronav considers regular fleet rejuvenation an important function of vessel management in providing quality services to our clients. The Filikon is the oldest conventional vessel in the Euronav fleet," Euronav said.Since the start of 2020 Euronav has sold its interests in eight vessels (four Suezmax and four VLCC) with an average build date of 2005.

02 Mar 2021

Specialist Offshore Wind Installation Ship Launched in China

OHT’s Alfa Lift float-out at CMHI’s shipyard in Jiangsu, China. Photo Source: OHT

Norwegian owner Offshore Heavy Transports (OHT) said its newbuild vessel Alfa Lift has been floated-out from its drydock at China Merchants Heavy Industry (CMHI) shipyard in Jiangsu, China. The semisubmersible heavy installation vessel, which is designed and built for installing the next generation XXL offshore wind foundations, was launched on February 28, 2021.The 51,087-dedweight-tonne vessel will now be moored while work continues on the steel and internal fit-out, including the mechanical completion of systems.

02 Feb 2021

Greensteam Acquires Assets of Enerforce

GreenSteam Vessel Optimization Ltd., developers of vessel performance optimisation solutions for a sustainable shipping industry, has acquired the assets of Greece-based maritime software specialist Enerforce Solutions and Consulting Ltd to diversify and enhance its product offering driven by Liberty, the most advanced noon reporting validation system. The current office of Enerforce will become GreenSteam’s offices in Piraeus, Greece.The Liberty platform acts as a central repository for data deriving from noon reports and uses an advanced validation process to remove inaccurate data received from vessels, at a time when emerging GHG…

16 Dec 2020

Seaspan, Genoa Partner on $3 Million Digital Twin Project

(Image: Seaspan Shipyards)

Two Canadian firms are partnering to develop and commercialize 3D digital twin capabilities with hopes of making Canada more globally competitive, driving export opportunities and creating jobs in the marine sector.The the $3 million-plus Digital Ship In-Service Support Project comes from Canada’s Ocean Supercluster’s (OSC) Accelerated Ocean Solutions Program. Led by British Columbia-based Seaspan Shipyards together with partner and Newfoundland and Labrador-based, Genoa Design International…

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