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Friday, April 19, 2024
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Shuttle News

25 Mar 2024

Sweden Buys Norwegian Icebreaker

Polar Circle (Photo: Swedish Maritime Administration)

The Swedish Maritime Administration has purchased the 18-year-old icebreaker Polar Circle, expanding its fleet of icebreaking ships to help keep the nation's ports and shipping lanes clear during the cold winter months.In December, the Swedish Maritime Administration put out a tender to acquire a secondhand icebreaker, with Polar Circle emerging as the most suitable option. The agency recently ran the Polar Circle through trials in the Gulf of Bothnia before committing to purchase the vessel."We are delighted to welcome Polar Circle to our fleet.

14 Mar 2024

Hapag-Lloyd to Seek Cost Cuts After Net Profit Slump

© olrat / Adobe Stock

German container shipper Hapag-Lloyd said on Thursday the global oversupply of container ships and a crisis in the Red Sea will force it to cut costs in 2024, adapting sailings and ports following a bruising 83% fall in net profit.Ship operators face prolonged disruption while Yemen-based Houthi militants are attacking vessels travelling on one of the world's busiest routes, wiping out the benefit from higher freight rates with costly redirections around Africa.Hapag-Lloyd's problems chime with those of competitors such as Maersk and CMA CGM, exacerbated by the arrival of additional ships orde

06 Mar 2024

APL’s Fluid Swivel Technology Certified by DNV

Source: NOV

NOV’s APL group has received technology qualification program (TQP) certification from DNV for its largest swivel. The swivel TQP developed by APL is claimed to be a game-changer for fluid swivels for oil, gas, e-fuels, and CO2 transfer.The TQP was developed to meet the increasing demand for larger swivel designs that can withstand higher pressures and temperatures. Large swivel stacks are used for floating production vessels to connect the processing system on the weathervaning vessel with the geostationary subsea installation.“Without the swivel stack…

06 Mar 2024

MOL and Petrobras Sign Cargo Transfer Vessels Deals

Sealoader 2 (Credit: MOL)

Mitsui O.S.K. Lines (MOL) and Brazil’s state-owned energy giant Petrobras have signed a charter contract for cargo transfer vessel (CTV) SeaLoader 2, and agreed to start negotiations for a new CTV shipbuilding contract by the end of 2024.MOL signed the deal through its wholly owned subsidiary, SeaLoading Holding, which owns and operates CTVs.SeaLoading started a CTV agreement with Petrobras for SeaLoader 2 on a trial period in January 2022, and successfully completed more than 30 crude oil offloading operations from Petrobras' FPSOs located in the Santos Basin…

24 Feb 2024

First LNG Carrier Arrives at New German Mukran Terminal

LNG terminal at Lubmin. Image copyright Deutche ReGas

The first vessel carrying LNG for Germany's Baltic Sea terminal of Mukran arrived on Saturday for a test operation as the country steps up its quest to replace Russian pipeline gas.Private company Deutsche ReGas said that Energos Power, a floating storage and regasification unit (FSRU), had moored at the terminal on Ruegen Island, having received approval from local authorities.Germany has intensified its quest to increase LNG capacity for regasification on its shores, as European countries seek to reduce their heavy reliance on Russian gas following Moscow's invasion of Ukraine.The tests will

12 Feb 2024

Altera Hires DOF to Install Voyageur Spirit FPSO Offshore Ivory Coast

Voyageur Spirit FPSO (Credit: Kishorn Port & Drydock)

Altera Infrastructure has hired DOF to install Voyageur Spirit floating production, storage and offloading (FPSO) unit as well as one floating storage unit (FSO) at Eni-operated Baleine oil field offshore Ivory Coast.The project includes the complete installation of seabed mooring systems, flowline between the FSO – a converted shuttle tanker Nordic Brasilia - and the Voyageur Spirit FPSO, along with their associated equipment.The contract for the redeployment of the FPSO and the FSO was secured by Altera back in October 2023.Voyageur Spirit is a cylindrical-shaped FPSO…

22 Jan 2024

TEN Sells 2005-built Suezmax Tanker

(File photo: TEN)

Tsakos Energy Navigation (TEN) on Monday announced it has sold one of the older vessels in its fleet, noting it plans to sell additional vessels in the near future.The 164,608 dwt suezmax tanker Eurochampion 2004, built at South Korea's Hyundai Heavy Industries in 2005, was sold to an undisclosed buyer in a deal expected to contribute approximately $40 million to the TEN’s cash balances, the Greek shipowner said.In announcing the sale, TEN noted its management is in continuous discussions for further vessel sales in the near future.The company also announced it has taken delivery of two 115…

17 Jan 2024

“This is not a decision against THE Alliance,” says Hapag-Lloyd Chief

Rolf Habben Jansen, CEO, Hapag-Lloyd. Copyright Thies Raetzke/Hapag-Lloyd

Hapag-Lloyd and Maersk signed an agreement for a new long-term operational collaboration called Gemini Cooperation, aiming to start in February 2025.Simultaneous with the announcement, Hapag-Lloyd informed its partners in THE Alliance that it would end its participation in January 2025. In a press call with journalists, Rolf Habben Jansen, CEO, Hapag-Lloyd stressed this is “not a decision against THE Alliance, this is a decision for Gemini Corporation.”“This is about bringing schedule reliability to the next level…

26 Nov 2023

AD Ports Expands Shipping Operations in Kazakhstan

Source: AD Ports

AD Ports Group in collaboration with KazMorTransFlot (KMTF), the national shipping company of Kazakhstan, has announced the acquisition and commencement of operations of two tankers designed for the transportation of Kazakhstan's oil across the Caspian Sea.The two oil tankers were named Liwa and Taraz - after ancient cities in the UAE and Kazakhstan, respectively, and have been acquired under AD Ports Group’s joint venture with KMTF - Caspian Integrated Maritime Solutions (CIMS).The two vessels represent a combined investment of USD35 million…

16 Oct 2023

Markey Wins Deal to Refurbish Winches for NOAA Research Vessel

Ronald H. Brown (Photo: Wade Blake / NOAA)

Seattle-based deck machinery company Markey Machine said it has recently secured a contract from Bollinger Mississippi Shipbuilding for winch refurbishment aboard NOAA research vessel Ronald H. Brown. The three Markey oceanographic winches that have been aboard for 27 years will receive varied upgrades.“NOAA is working to maximize the service life of each of its vessels, in part by investing in mid-life repairs,” said Jamie LeCompte, NOAA Ship Ronald H. Brown project manager.

03 Oct 2023

Enclosed Spaces: Engineering Solutions

The use of drones could reduce the need for enclosed space entry. Image courtesy of ScoutDI

If you think the human element is the only cause of enclosed space deaths, think again.Enclosed space incidents are cited as the largest cause of on-duty fatalities in commercial shipping. The risks can’t simply be engineered out, but there’s a powerful coalition wanting action nonetheless.There’s a tendency to blame failure to follow procedures, they say. Investigations seldom focus on the practicality of those procedures or the influence of the operating environment and vessel design, they say.

11 Oct 2023

Eni to Deploy Cylindrical FPSO, Converted FSO at Giant Offshore Oil Field in Ivory Coast

Altera Infrastructure has been awarded contracts for the redeployment of the FPSO Voyageur Spirit and the shuttle tanker Nordic Brasilia for the Baleine Phase 2 project, located offshore Ivory Coast.The vessels are set for deployment on the Baleine field with a 15-year firm contract. The development of the project will be on a fast-track schedule, with a planned start-up date for Phase 2 in the fourth quarter of 2024. The vessels, Voyageur Spirit and Nordic Brasilia, are currently undergoing life extension work and field-specific modifications at Drydocks World in Dubai. Voyageur Spirit is a cylindrical-shaped FPSO, that previously operated on the Huntington field in the North Sea until 2020.

21 Sep 2023

US' MARAD Announces Grants to Boost Supply Chain Efficiency

File photo: U.S. Transportation Secretary Pete Buttigieg (Photo: Harvey A. Duze – Office of Command Communications)

The U.S. Department of Transportation’s Maritime Administration (MARAD) awarded nearly $12 million in grants to eight marine highway projects across the nation under the United States Marine Highway Program (USMHP). The funding will improve the movement of goods along our navigable waterways and expand existing waterborne freight services in Alaska, Illinois, Indiana, Louisiana, Texas, Washington, and Wisconsin, which will strengthen supply chains and ultimately cut costs for consumers.“Our country has always relied on American waterways to get vital goods where they need to go,” said U.S.

05 Sep 2023

H2Carrier Names New Chief Commercial Officer

Michael Kristensen (Photo: H2Carrier)

H2Carrier announced that Michael Kristensen has joined the company as chief commercial officer. His main focus short term will be business development and contributing to maturing H2C’s current portfolio of energy projects.Kristensen has worked for 30 years in the maritime and energy sectors in different positions and for companies such as J. Lauritzen, NYK, Alcatel Submarine Networks, Axis Offshore and Prosafe. Kristensen worked as COO in Axis offshore for five years before the company was sold by HitechVision to Prosafe in 2017.

04 Sep 2023

Aker BP, Höegh LNG in Carbon Transport and Storage Services Pact

Credit: Hoegh LNG

Floating LNG solutions provider Höegh LNG and the Norwegian oil and gas firm Aker BP have entered a strategic partnership to develop a "fully comprehensive carbon transport and storage offering for industrial CO2 emitters in Northern Europe.""The agreement combines the companies’ respective strengths, expertise, and technologies to establish a strong value chain for CCS on the Norwegian Continental Shelf that includes gathering, transporting and securely injecting CO2 for permanent storage in subsea reservoirs…

22 Aug 2023

Maritime Partners Buys AMSC's Jones Act Tanker Fleet

(File photo: Overseas Shipholding Group)

New Orleans-based Maritime Partners has reached a deal to acquire AMSC subsidiary American Tanker Holding Company, which owns a fleet of 10 Jones Act tankers.Maritime Partners' newly formed Project Merchant Acquisition arm signed a share purchase agreement with Oslo-listed AMSC to acquire AHTC for an enterprise value of $746.7 million. AMSC will receive $249.3 million in gross cash proceeds from the sale.The transaction is expected to close on or before October 31, 2023, subject to certain closing conditions and AMSC shareholder approval.ATHC…

21 Aug 2023

David Clark Company: An American Success Story

David Clark digital and wireless communication systems provide clear boat crew communications on patrol, offshore and fire/rescue craft. (Photo: David Clark Company)

David Clark Company is best known within the marine market for its wireless and digital headset workboat crew communication systems – the Series 9900 Wireless Marine Headset System and the Series 9100 Digital Marine Headset System. The company has over 20 years of experience designing and manufacturing boat crew communication solutions for a variety of workboats, e.g., patrol boats, fire/rescue craft, and offshore service vessels.But you may not know that David Clark Company started…

21 Aug 2023

LPG: Dual-Fuel Engines Prove Their Worth

2022 was the first year all 15 VLGCs of BW LPG’s dual-fuel LPG retrofitted ships were sailing. Image courtesy of BW LPG

BW LPG has demonstrated the value of dual-fuel LPG operations beyond the company’s initial aim of meeting IMO 2020 Sulphur Cap regulations.In October 2020, the LPG carrier BW Gemini became the first very large gas carrier (VLGC) to have its low-speed main engine converted to an LPG dual-fuel engine. The project started several years earlier, sparked by Oslo-listed BW LPG’s preparations for the IMO’s 2020 Sulphur Cap regulations.Compared to heavy fuel oil, LPG reduces Sox emissions by approximately 97%…

04 Aug 2023

From Telford Offshore to KNOT Offshore: Derek Lowe Named New CEO and CFO

Shuttle tanker owner KNOT Offshore Partners will appoint Derek Lowe as new Chief Executive Officer and Chief Financial Officer with effect from the week of September 11, 2023.The new appointment comes following the decision of Gary Chapman to step down as the Partnership’s CEO/CFO announced on April 10, 2023. Lowe will join the KNOT Offshore Partners from Telford Offshore, a provider of accommodation, construction, and pipelaying in the global offshore energy services industry. He has served as the Group Company Secretary of Telford Offshore since its formation in 2018, having provided consultancy services to its predecessor since 2015. He worked from 2011 to 2015 for the debt capital markets group of Pareto Securities, and from 1994 to 2010 for the equity capital markets group of UBS. Mr.

02 Jun 2023

German Rescue Ship Blocked in Italy Over breach of migration law

A German charity said on Friday its rescue ship was impounded by Italian authorities for breaching tougher migration rules introduced by the country's right-wing government as part of a crackdown on NGO sea-rescue activities.The Mare*Go organization said it disobeyed instructions to take 36 migrants it picked up on Thursday to the Sicilian port of Trapani, taking them instead to Lampedusa island, saving itself hours of navigation."The rescue ship is blocked for 20 days" in Lampedusa, the NGO in a statement, adding it would also "likely face a fine because we broke the new Italian Decree Law" sponsored by Prime Minister Giorgia Meloni.Noting that Trapani was 32 hours away from the location where the migrants were picked up…

23 May 2023

Remote Survey is the New End-Game

ScoutDI has performed initial tests of its drone’s SLAM capabilities in the cargo tank of the Altera shuttle tanker Beothuk Spirit.
Source: ScoutDI

More than remote witnessing, more than remote data analysis, remote survey techniques are now going to aid the shift to full vessel autonomy.The technology that enables a robot to safely navigate an environment it has no prior knowledge of is called Simultaneous Localization and Mapping (SLAM). “It is the key to autonomy for any aspiring can-do inspection robot.” That’s according to ScoutDI, a participant in the REDHUS project led by DNV which is developing a prototype inspection drone.SLAM is not a specific, copyrighted piece of technology.

28 Apr 2023

Alabama Shipyard Awarded MSC Overhaul Work

USNS Sacagawea (T-AKE 2) (Photo: Alpha Hernandez / U.S. Marine Corps)

Mobile, Ala. based Alabama Shipyard has been awarded a contract for the dry docking of the U.S. Navy's Military Sealift Command (MSC) dry cargo and ammunition ship USNS Sacagawea (T-AKE 2).The $21,955,104‬ firm-fixed-price contract for the 123-calendar day shipyard availability includes a base period and options, which if exercised, would bring the cumulative value to $22,163,078‬.Work will begin June 15, 2023, and is expected to be completed by October 15, 2023.The 689-foot-long…

29 Mar 2023

ADS Maritime Holding Acquires 10% Stake in High-Spec Dive Support Vessel

Southern Star conducting SAT Diving operations in DP3 for Shelf Subsea Malaysia, January 2020 - ©Tasik Subsea

ADS Maritime Holding said Wednesday it had acquired a 10% stake in a Dive Support Vessel and will act as Commercial Manager with primary responsibility for following up the shipowning company’s activities related to the vessel and the bareboat contract.The vessel “Southern Star” is a high spec DP3 Dive Support Vessel (“DSV”) built in 2017, suited for light subsea construction work (150t subsea crane) and advanced dive support work with accommodation for approximately 120 pax.