Purchasing News

The Coastal Sustainability Alliance (CSA), an industry collaborative effort led by Kuok Maritime Group (KMG), has announced the start of construction of its first fully electric PXO-series tug (e-tug) and supply boat (e-supply boat) by PaxOcean Group.The zero-emissions vessels are among the first and largest local electric harbour craft designed for operation in Singapore’s coastal waters. They are targeted for deployment in 2025, ahead of the nation’s goal for all new coastal…

The shipping industry is under increasing pressure to decarbonize, but unclear regulatory guidelines, including around what sorts of cleaner fuels large vessels should run, is complicating that path to net zero, according to executives.Global shipping firms are looking for ways to lower their carbon footprints, particularly as the International Maritime Organization (IMO), which regulates the global shipping industry, is being pushed to implement a charge on the sector's greenhouse gas emissions.The IMO's Maritime Environment Protection Committee concluded its 81st meeting last week…

SAAM reported net income of US$501 million in 2023, representing its best-ever results thanks to the sale of its port and logistics assets to Hapag-Lloyd, which generated a net gain of US$422 million.Sales for the year totaled US$540 million and EBITDA was US$160 million, surpassing the prior year by 17% and 9%, respectively."The sale of our port terminal and inland logistics operations leaves us in a solid position to move forward on the path we have set for ourselves: to lead the consolidation process in the towage industry and grow in air cargo logistics services.

A downturn in Egypt's private sector activity deepened in February as a drop in Suez Canal freight due to attacks on shipping in the Red Sea worsened a long-running foreign currency shortage, a survey showed on Tuesday.The S&P Global Purchasing Managers' Index (PMI) for Egypt slipped to 47.1 in February from 48.1 in January, remaining below the 50.0 threshold that separates growth from contraction for a 39th consecutive month.The overall index reading was the lowest for 11 months…

Big data, advanced computers and AI are allowing vessel designers to prepare models that leave essentially nothing to chance.“Lastly, it may be of considerable importance to form from the draught a block model of the vessel from which a still more accurate judgment may be formed of the fitness and beauty of the body. And should any defect be discovered, farther alterations must still be made, till the draught and the model are perfectly approved of. These different alterations and repeated calculations may appear very tedious…

ClassNK has released new features for its GHG Emissions Management Tool, "ClassNK ZETA (Zero Emission Transition Accelerator)".ClassNK ZETA is a tool for visualizing GHG emissions and CII ratings of ships and is used for more than 5,000 ships. Based on data submitted to "ClassNK MRV Portal", a system for fuel consumption reporting in compliance with regulations such as IMO-DCS and EU-MRV, ClassNK ZETA provides current status and simulation for reducing GHG emissions from ships and supports response to various emission reduction requirements.

The Australian Maritime Safety Authority (AMSA) has issued as Pilot Advisory Note advising coastal pilots and pilotage providers about the existence of counterfeit pilot ladders and associated certification.In March 2019, one of AMSA’s Port Marine Surveyors identified a pilot ladder onboard a vessel which appeared to be non-compliant with the pilot transfer requirements. The associated inspection certificate presented at the time of the AMSA inspection, suggested that the ladder…

Sometimes, a change in a vessel's operational profile requires considerable modernization or retrofitting of its propulsion system in order for the vessel to remain fit for purpose. And in some cases, newly required thruster performance features can be achieved with the help of modifications that preserve most of the existing units.Earlier this year, the Croatian ferry Krk operated by the national Jadrolinija shipping company, was retrofitted to cater for a new route with stronger winds and currents.

Scania was selected by Allen Marine Tours to power a pair of their eco tour vessels. The two 78-foot QUAD powered vessels will each be repowered with Scania V8 DI16 082M, 800 HP engines delivered by Cascade Engine Center. The custom-built catamarans are capable of 30 plus knots at their full capacity of 150 passengers, and speeds in excess of 35 knots with a lighter load.“We have seen a lot of interest in our V8,16-liter engines by tour operators in ecologically sensitive areas like Alaska due to their low environmental impact…

Canadian shipbuilding group Davie announced it has finalized its acquisition of Finland’s Helsinki Shipyard Oy, which has struggled to gain new business due to Western sanctions against Russia.The deal has been nearly a year in the making, starting from December 2022. By March 2023, Davie exercised an exclusive option to purchase the assets of Helsinki Shipyard. In April a business purchase agreement was signed, and on July 4 Davie secured a new 50-year land lease from the city of Helsinki.Financial terms of agreement were not disclosed…

Supply chains around the world could be at serious risk amid expected increases in the cost of ocean freight shipping during 2024.Oslo-based Xeneta has carried out in-depth analysis of the latest ocean freight rates and branded the current market as unsustainable.Xeneta CEO Patrik Berglund said: “The cost of moving goods by sea has plummeted during 2023 by almost 60% for long term contracts on a global level and some corridors, such as the Transatlantic into US East Coast and Far East to Europe…

Kongsberg Maritime has won a contract to upgrade the propulsion systems on five ro-ro passenger ferries for Italian operator Moby. The vessel upgrades will together reduce CO2 emissions by more than 30,000 tons per year.Moby operates a fleet of ro-ro passenger ferries, operating in the western Mediterranean, including routes between the Italian mainland, Sicily, and Sardinia.Three of the ships, the Moby Vinci, the Sharden, and the Moby Aki, will all receive a Promas Lite propulsion system, which combines rudder and propeller into one propulsion unit.

Silver Ships promoted Jason Powers to Chief Operating Officer (COO). Previously, Powers held the role of Director of Business Development and has been a valued and dedicated member of the Silver Ships team for more than 25 years.As COO, Powers will direct daily production operations alongside the executive team and report directly to CEO, Steven Clarke. His responsibilities will include organizational leadership, process optimization, cost management, performance management and continuous improvement.

Samsung Heavy Industries has acquired the International Organization for Standardization's 'Compliance Management System (ISO 37301)' and 'Anti-Corruption Management System (ISO 37001)' certification from Lloyd's Register (LRQA), claiming a first in the shipbuilding industry.ISO 37301 and 37001 are international certifications that are awarded by strictly evaluating the systematic management of a company's compliance management and anti-corruption management system. Samsung Heavy Industries has been internationally recognized for operating a compliance policy…

Dutch offshore survey firm Fugro will convert the Fugro Resilience and the Topaz Endurance, two ULSTEIN PX121 platform supply vessels (PSVs), to geotechnical vessels, targeting their deployment in the global offshore renewable energy market.Fugro acquired the two platform supply vessels, the Topaz Endurance and the Topaz Energy (renamed Fugro Resilience), in February 2023.Ulstein Design & Solutions AS is responsible for the redesign of the two vessels, and on September 22, 2023, Fugro awarded Ulstein Verft a contract to convert the Fugro Resilience. Both vessels were built in 2015.

ABS-affiliated maritime software as a service (SaaS) company ABS Wavesight announced it is partnering with e-procurement platform provider Procureship to streamline maritime procurement and purchasing.The agreement will aim to provide ship owners and operators with tools to optimize their fleet operations through digitalization, reducing costs and increasing efficiency, the companies said. By offering more options for automation, ABS Wavesight boosts operational and compliance…

World Fuel Services Corporation has completed a milestone liquefied natural gas (LNG) bunkering operation for the refueling of a carrier at a Chinese port, with the new Hapag-Lloyd ship Berlin Express becoming only the second carrier to be refueled with bonded LNG in the port.With the support of both the Ningbo-Zhoushan Port authority and local supplier CNOOC, the dual-fuel Berlin Express took delivery of 6,000 cubic meters of bonded LNG fuel in an operation that lasted around 20 hours.

Marine insurance brokers Marine Assekuranz from Hamburg and Fram from Norway are joining forces. With the core expertise in insuring ships and transports worldwide for decades – now they are joining forces under the umbrella of the "Marine Alliance". The alliance was founded last year by Söderberg & Partners, a Stockholm-based family business that is the majority shareholder of Fram. The Marine Alliance will offer specialized industry know-how, provide marketing services for both partners and bundle their purchasing power.

Viking Line has started to offer passengers on its Turku-Åland-Stockholm route the option of purchasing renewable biofuel in proportion to the amount of fuel used for their journey.Starting June 21, Viking Line’s passengers on the Turku-Åland-Stockholm route can purchase biogas in proportion to the amount of fuel used for their journey. On a cruise between Turku and Stockholm, the additional price is less than 5 euros. At that price, passengers reduce their carbon footprint by up to 90% compared to a trip where LNG is used.European biogas…

Ballast water management system company Techcross said it has installed a BWMS in the engine room of an existing tanker. This installation method, called the “Engine Room Solution”, was patented under the name of Techcross in Korea in 2016 and has been applied only to new ships so far. However, this is the first time it has been applied to an existing ship.One set of ECS 1000B model was installed on the 50,400 PC tanker owned by Horizon Tankers Limited S.A. (under Target Marine Group), based in Greece, using Techcross’ Engine Room Solution.

HII announced Friday that its Ingalls Shipbuilding division in Pascagoula, Miss. has received a $1.3 billion modification to a previously awarded contract from the U.S. Navy for the procurement of the detail design and construction of amphibious transport dock LPD 32. The resulting fixed-price-incentive contract totals $1.54 billion. The ship will be the 16th in the San Antonio class and the third Flight II LPD.In June 2022, Ingalls Shipbuilding was awarded a $240 million advance…

Samsung Heavy Industries (SHI) has introduced a chatbot dubbed SBOT for its ship designers as part of plans to boost the shipyard’s competitiveness.When a user asks SBOT a question, its artificial intelligence (AI) analyzes the meaning and finds design information, such as details on regulations and contracts, that is available from various systems within the company. New employees can perform their work quickly and accurately with SBOT, says SHI, and the use of design information can be maximized through the knowledge search function.In addition…

A keel laying ceremony was held earlier this week for a Construction Service Operation Vessel ordered by Olympic in 2022 from Ulstein.The ceremony was held on March 14 at the hull yard CRIST. This is vessel number two, yard number (yno) 319. The keel for the first vessel, yno 318, was laid on January 31, this year.The two vessels are designed for the offshore wind industry and are based on the ULSTEIN SX222 design with TWIN X-STERN from Ulstein Design & Solutions AS.According to Ulstein…