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03 Mar 2024

Recycling Market Still Deprived of Tonnage

Source: GMS

As freight markets push further on, global ship recycling markets remain deprived of tonnage, making it an increasingly suffocating environment for ship recyclers to operate in, reports cash buyer GMS.Bangladesh and Pakistan rely heavily on imported ship’s steel, not only for domestic / large-scale infrastructure projects, but also for its comparatively ‘healthier’ and ‘rust-free’ condition than other forms of imported scrap metal / steel (HMS 1, HMS 2, shredded steel, etc.)Therefore…

21 Feb 2024

BIMCO Publishes Quiet Enjoyment Letters

© Gajus / Adobe Stock

BIMCO has published two standard Quiet Enjoyment Letters (QELs), the first standard form QELs available to the industry, to offer a tool that can ensure the charterers’ uninterrupted use of a ship if the owner defaults under the financing facility. The QELs will be provided by the lender to the charterer to ensure that the charterer, who does not have a contractual relationship with the lender but only with the owner, can continue to “quietly enjoy” the ship in case of the owner’s default.

15 Feb 2024

Let’s Set Some Standards for Micro Cargo

It almost boggles the mind that the success of the ISO container is effectively based on only one standard: 8 feet wide. The 8 foot standard (basically railroad car and truck widths, which are mythically reported to be related to the width of two horse’s asses)
Copyright Jim Mills/AdobeStock

As zero carbon cargo efforts are progressing, it is becoming more apparent that the lowest hanging fruit is in the last few miles. This is where a large amount of carbon is expended in delivering small parcels to stores and consumers’ doors.This is particularly apparent in dense pack cities like New York City, where delivery vans clog streets and water crossings. The NYC Economic Development Commission recently issued a Request For Expression of Interest in waterborne micro cargo delivery.

09 Feb 2024

Kongsberg Discovery Wins US Navy DIU Contract

HUGIN Endurance, one of the newest members in the HUGIN AUV family, measures 39-ft. long and nearly 4-ft. in diameter, with a 15-day endurance. Image courtesy Kongsberg Discovery

Kongsberg Discovery announced a Defense Innovation Unit (DIU) award to assist in the U.S. Navy’s Large Displacement Unmanned Underwater Vehicle (LDUUV) prototype.Kongsberg Discovery has been awarded a contract with the Defense Innovation Unit (DIU) to rapidly deliver HUGIN Autonomous Underwater Vehicle (AUV) capabilities for the U.S. Military. The total contract  could result in the Navy acquiring HUGIN Endurance and HUGIN Superior deep-water AUV systems.HUGIN Endurance, one of the newest members in the HUGIN AUV family, measures 39-ft. long and nearly 4-ft.

04 Feb 2024

Ingram Forms Material Handling and Supply Chain Subsidiary

© steheap / Adobe Stock

Nashville-based Ingram Barge Company announced it has formed a new material handling and supply chain solutions subsidiary, Ingram Infrastructure Group.The move, fueled by the company's acquisitions of Inland River Transport Holdings (SCF) and NexStar Solutions, is intended to enhance Ingram's end-to-end supply chain solutions capabilities.Ingram acquired integrated river transportation and logistics services provider SCF from SEACOR Holdings following the signing of a purchase agreement last October.Ingram currently operates across more than 4,500 miles of the U.S.

26 Jan 2024

AET Names New LNG Dual-fuel VLCC

(Photo: AET)

AET, a member of the MISC Group, held a naming ceremony in Singapore for its latest liquefied natural gas (LNG) dual-fuel very large crude carrier (VLCC), Eagle Veracruz.The Singapore-flagged 300,000 dwt tanker was named by Singapore’s Minister for Sustainability and the Environment (MSE) Grace Fu, who is also the Lady Sponsor of the vessel. The ceremony, which was held at the PSA Keppel Terminal, also saw attendance by Teo Eng Dih, Chief Executive of Maritime and Port Authority of Singapore (MPA) and senior officials from MSE…

09 Jan 2024

BAE Systems Begins Building Shipbuilding Academy in Glasgow

(Image: BAE Systems)

BAE Systems announced construction has begun on a new Applied Shipbuilding Academy at its Scotstoun shipyard on the banks of the River Clyde in Glasgow, as the company bolsters its efforts to develop future talent.Designed to support the development of the entire workforce, from apprentices to senior leaders, the Academy will comprise of a Modern Trade Hall and a Flexible Learning Hub. It will also serve to upskill the existing workforce while attracting new talent.A historic industrial building will be retrofitted to become the Modern Trade Hall…

02 Jan 2024

Amogy Brings Ammonia Into the Mix

© Forance / Adobe Stock

Ammonia is one of several renewable fuels seen as an option to help the maritime industry decarbonize.One of the companies working to unlock the fuel’s potential is Brooklyn, N.Y. based Amogy, developer of an onboard system that feeds liquid ammonia through a cracking process to create hydrogen on demand for power generation via fuel cell—without carbon emissions.Having already demonstrated its technology on an aerial drone, tractor and semi-truck, Amogy is currently working to…

18 Dec 2023

Gastrade’s FSRU Alexandroupolis Reaches Greece

FSRU Alexandroupolis (Credit: Gastrade)

Gastrade’s new floating storage regasification unit (FSRU) has arrived to Greece after completing an almost 10-month conversion at the Seatrium shipyard in Singapore.The FSRU, dubbed Alexandroupolis, sailed away from Singapore on November 26, and has now entered the waters of the Thracian Sea. In the following days, the FSRU will be anchored through a spread 12-point mooring system, ahead of connection to the high-pressure subsea and onshore gas transmission pipeline.The pipeline…

27 Nov 2023

UK Offshore Wind and CCS Colocation Projects Underway

Source: Offshore Colocation Forum

The UK Offshore Wind and Carbon Capture and Storage (CCS) Colocation Forum, set up to provide strategic coordination of colocation research and activity on the nation’s seabed, has commissioned two research projects. The projects are designed to inform the best approach to test and demonstrate the colocation of offshore wind and CCS activities in the future.To achieve the UK’s net zero targets, the UK Government is targeting the delivery of 50 gigawatts of offshore wind energy and the capture of 20-30 million tons of CO2 per year by 2030.

27 Nov 2023

Danfoss Drives Forms Dedicated Marine Division

© Alexey Novikov / Adobe Stock

Danfoss Drives on Monday announced the formation of a dedicated marine business unit.The company said the move will allow it to provide tailored solutions for its customers in the marine industry“This organization allows Danfoss to delve deep into the intricacies of maritime applications and understand the nuances of ship propulsion, control systems and electrification in ways that broader, more diversified companies might not,” Danfoss said in a statement.In addition to product experts in the field…

10 Nov 2023

Babcock Signs $916M Submarine Infrastructure Deal with UK Defense Ministry

Credit: Babcock

Defense contractor Babcock has signed a four-year £750 million (~$916 million) contract with the UK Ministry of Defence’s (MOD) Submarine Delivery Agency (SDA), to deliver the infrastructure required to support and sustain the UK’s submarines for decades to come.As part of the major infrastructure program underway at the Devonport site, Babcock said it would deliver substantial upgrades to existing infrastructure that will support the future capability of the Royal Navy and the…

09 Nov 2023

Cummins Working with Ocean Infinity on Methanol Retrofit Project

(File photo: Ocean Infinity)

Cummins is working with partners in the U.K. to develop and deploy a methanol conversion kit for an engine aboard an Ocean Infinity offshore support vessel (OSV) as the maritime industry works toward transitioning to cleaner fuels.The engine manufacturer announced its proposal to jointly develop a Methanol Kit for its QSK60 engine was selected to receive funding as part of the Zero Emission Vessels and Infrastructure (ZEVI) competition, funded by the U.K. government and delivered…

01 Nov 2023

Wärtsilä Unveils New Ultra-Low Emissions Engine for Marine Industry

Wärtsilä 31DF engine has helped Wasaline further reduce methane emissions by 10 percent onboard the Aurora Botnia ferry © Wasaline

Finland-based marine engine maker Wärtsilä on Wednesday introduced a new ultra-low-emissions version of its Wärtsilä 31DF engine, which was first launched in 2015. According to Wärtsilä, while operating on LNG, this new version can further reduce methane emissions on a 50 percent load point by up to 56 percent and nitrogen oxide (NOx) by up to 86 percent.On a weighted average, this new technology can reduce methane emissions by 41 percent more than the standard Wärtsilä 31DF engine…

12 Oct 2023

Schottel Building New Logistics Center in Dörth, Germany

Maritime propulsion specialist Schottel said Tuesday it is expanding its thruster factory in Dörth, Germany, to include a logistics center with a capacity of around 4,000 square meters.A contract for the expansion has now been signed with general contractor Goldbeck from Koblenz.The new building will be annexed to the existing facility and will provide 2,634 square meters of industrial floor space and 1,326 square meters of offices. The groundbreaking ceremony for the 7.5-million-euro structure is to take place at the end of this year…

03 Oct 2023

Chartwell Marine and VARD Partner on 55-Meter Offshore Wind Craft

Credit: Chartwell Marine

UK-based offshore vessel designer Chartwell Marine has partnered with a designer and shipbuilder of specialized vessels, VARD, to introduce the Midi-SOV: a "revolutionary" 55-meter offshore wind craft. "Coming to both the US and European markets in 2024, the vessel represents the combined expertise of the respective crew transfer vessel (CTV) and SOV design leaders — providing a brand-new solution to the ongoing challenge of expanding wind power across the globe. The vessel is designed Jones Act-compliant…

20 Sep 2023

Remote Operations: Challenges & Opportunities

Image courtesy Harvest Technology Group

Digitalization in the maritime industry continues to grow. Technology is constantly evolving, providing organizations with new ways to transform and manage their operations with adoption of technology creating first-mover advantage and future relevancy, and positivity impacting margins. The offshore services industry has been a major driver in the trend towards utilization of remote inspection and monitoring technology for Inspection, Repair, and Maintenance (IRM) of critical assets and infrastructure.

21 Aug 2023

Video: Pyxis Ocean Sails with WindWings

Source: Cargill

Mitsubishi Corporation’s Pyxis Ocean, chartered by Cargill, is the first vessel to be retrofitted with two BAR Tech WindWings.The 37.5 meter sails were produced by Yara Marine Technologies and are expected to generate average fuel savings of up to 30% on new build vessels.The installation of the wings took place at the COSCO shipyard in China and the Pyxis Ocean is now on the water, conducting her maiden voyage.“The maritime industry is on a journey to decarbonize—it's not an easy one, but it is an exciting one,” said Jan Dieleman, President of Cargill’s Ocean transportation business.

28 Aug 2023

AET Delivers LNG Dual-Fuel VLCC to Shell

EAGLE VELLORE: AET's newest LNG dual-fuel VLCC Eagle Vellore was named today in Malaysia. Image courtesy AET

AET delivered its newest vessel, the first of three Very Large Crude Carrier (VLCC) powered by dual-fuel liquefied natural gas (LNG) engines, on long-term charter to Shell Tankers (Singapore) Private Limited.The Malaysian-flagged Eagle Vellore was named at a ceremony at the MMHE Pasir Gudang yard, attended by the Deputy Minister of Transport, Malaysia and other Malaysian government officials. The naming of the 300,000 dwt tanker in Malaysia marks an important milestone for AET…

24 Aug 2023

Titan and 123Carbon Partner on Carbon Insetting

Source: Titan

Fuel supplier Titan and 123Carbon, the first independent blockchain-based carbon insetting platform for the transport sector, have issued what they claim is the first LNG-based carbon insets.Carbon insetting enables fuel suppliers and vessel operators to transfer the environmental benefits of clean, lower carbon intensity fuels throughout the maritime value chain, enabling decarbonisation within their own supply chains. This contrasts with offsetting where the environmental benefits are made given to other industries or ventures.There are…

25 Sep 2023

Interview: Mike Complita, Elliott Bay Design Group

Mike Complita, Principal in Charge and VP of Strategic Expansion, Elliott Bay Design Group (Photo: Elliott Bay Design Group)

Mike Complita is going on 30 years in the maritime industry. Complita started work at Elliott Bay Design Group (EBDG) as an intern while attending the University of Washington in his hometown, Seattle. “And since that time, I've served in pretty much every role, from a technical and project management standpoint, all the way up to principal of our organization,” he said. Today, as Principal in Charge and VP of Strategic Expansion, Complita works alongside EBDG’s other principals to help guide the firm’s project managers…

31 Aug 2023

Low Interest Shown in US' First Gulf of Mexico Offshore Wind Auction

© Thomas / Adobe Stock

Only one of three available areas was sold during the United States' first ever offshore wind lease sale in the Gulf of Mexico on Tuesday.The auction, held by the Interior Department's Bureau of Ocean Energy Management (BOEM) offered up three sites for offshore wind development, including one in Louisiana (Lake Charles) and two in Texas (Galveston I and II). Together, the three shallow water sites contain a theoretical potential of 3.7 gigawatts (GW). While 16 companies had prequalified to participate in the auction, bid activity was subdued.

28 Aug 2023

First US Gulf Offshore Wind Auction to Fuel Green Hydrogen Push

© Ian Dyball / Adobe Stock

The U.S. Gulf Coast region, the nation's primary offshore source of oil and gas, has cheap electricity and lacks state mandates for renewable energy procurement, making it an unlikely place to expand one of the most expensive forms of clean energy.That is why players in the nascent U.S. offshore wind industry are looking beyond the grid when the Biden administration holds the first-ever offshore wind auction in the Gulf of Mexico on Tuesday, eyeing the sale instead as a way to…