Foster News

The U.S. Department of Energy (DOE) has released its latest report in the Pathways to Commercial Liftoff series, describing how the U.S. offshore wind sector is adapting to challenges and poised for continued progress, with a path to deploying over 100 gigawatts (GW) by 2050.The Pathways to Commercial Liftoff: Offshore Wind report finds that the sector today is poised for liftoff, enabled by continued efforts to adapt to recent market challenges. The projects that move forward in the next several years will lay the foundation for consistent long-term deployment…

International Chamber of Shipping (ICS) Publications has launched the fifth edition of Shipping and the Environment: A Guide to Environmental Compliance.This latest edition offers comprehensive updates and expanded insights into the intricate relationship between shipping operations and environmental protection.The fifth edition is a definitive guide, providing a holistic introduction to companies and crew members navigating this complex subject matter. Recognising the need for accessibility…

This week at Singapore Maritime Week, the U.S. Department of Energy (DOE) is advancing ambitious decarbonization targets for the maritime transportation sector, both domestically and internationally.DOE is teaming with over 15 government and industry partners in Singapore to foster partnerships and collaborate on clean energy solutions aimed at achieving net zero-emissions in the maritime sector by 2050. Domestically, DOE’s Office of Energy Efficiency and Renewable Energy (EERE) is joining with ABS to create opportunities for data and information sharing to strengthen U.S. shipping. The U.S.

Provaris Energy and Norwegian Hydrogen AS have announced a new agreement to jointly progress the identification and development of several sites in the Nordic region for the large-scale production and export of hydrogen to European markets.The projects will utilize locally available renewable energy to produce hydrogen for shipment to European ports. This will assist energy-intensive industries in making an impact on their decarbonization plans and target a scale and level of…

New York-based Kalypso Offshore Energy on Monday announced it is teaming up with Dutch marine technology group and shipbuilder Royal IHC to design and construct a Jones Act compliant cable lay vessel (CLV)—the first purpose-built for the U.S. offshore wind market.Under a newly signed letter of intent (LOI), the partners are working together to finalize contract, engineering and construction details to domestically produce a 5,000-ton CLV for anticipated delivery in 2028. The partners have not announced which U.S.

Carnival Corporation has released its 14th annual sustainability report detailing how it achieved several 2030 environmental goals well in advance.The company is producing 10+% less absolute GHG emissions today than in 2011, its peak historical year, despite increasing capacity by roughly 30% since that time. Tracking toward its 2030 goal four years ahead of schedule, the company formally committed to reducing its GHG intensity by at least 20% by 2026 (versus 2019 levels; measured on a lower berth capacity basis).

The International Association of Dry Cargo Shipowners (INTERCARGO) and RightShip have launched the Dry Bulk Centre of Excellence (DBCE), an independent, not-for-profit industry organisation dedicated to the administration of the Dry Bulk Management Standard (DryBMS) framework.DryBMS was developed by INTERCARGO and RightShip, with input from experts and stakeholders across the sector, as an industry tool to raise standards and best practices across safety, security, environmental performance, and social welfare in the dry shipping sector.

The Oil Companies International Marine Forum (OCIMF) has published an updated information paper, Guidelines for the Control of Drugs and Alcohol in the Maritime Industry (2024).The paper aims to provide general guidance and recommendations for the maritime industry (operators of tankers, barges, offshore vessels and terminals associated with the ship-shore interface) in developing and implementing controls for the use of drugs and alcohol.In the guidelines, drug and alcohol use includes the use of prescribed and over-the-counter medication…

Bollinger Shipyards announced it has laid the keel for the future USNS Muscogee Creek Nation at its yard in Houma, La.The vessel is the 10th Navajo-class Towing, Salvage and Rescue Ship (T-ATS) and the fifth T-ATS vessel being constructed by Bollinger since acquiring the program in April of 2021.The keel authenticators were the Hon. David W. Hill, Principal Chief of the Muscogee Creek Nation, the Hon. Geri Wisner, Attorney General of the Muscogee Creek Nation and ship sponsor…

One of the largest port-infrastructure companies Euroports and Spanish offshore wind developer BlueFloat Energy have signed a memorandum of understanding (MoU) to foster cooperation in supply chain and ports infrastructure for the delivery of offshore wind in Europe.The strategic alliance marks a significant step forward in building capabilities and infrastructure critical to establish an offshore wind energy sector.Euroports, with its distinguished reputation as a premier offshore wind port operator…

NAPA introduced NAPA Studios, an initiative designed to foster cross-industry partnerships to deliver new data-driven solutions and insights on some of the most imminent ship design, safety and operational challenges faced by the maritime industry.NAPA Studios will harness NAPA's own digital tools and experience, while working directly with individual shipyards, shipowners, charterers, and other supply chain stakeholders in tailored projects. This offering will, for example, enable shipyards to make a greater use of ships’ operational data to improve future designs, while other projects will support shipowners and charterers in assessing…

The U.S. Department of Energy (DOE) has set out plans to invest $4.75 million to establish a new national center of excellence to accelerate offshore wind deployment across the United States.The Academic Center for Reliability and Resilience of Offshore Wind (ARROW), led by the University of Massachusetts Amherst with approximately 40 partners, will focus on workforce development, targeted research, and partnerships and strategies to advance offshore wind development.As offshore…

The Australian Alliance for Animals has written an open letter to animal exporters imploring them to voluntarily suspend all live animal exports to or through the Red Sea while the risk of attack remains and to suspend any extended journeys to the Middle East via the Cape of Good Hope.The move follows the recently aborted voyage of the Bahijah. The livestock carrier sailed from Australia for Israel on January 5 but was recalled over a week into the voyage after diverting towards…

The European Commission has published its proposal for a 2040 climate target: greenhouse gas emissions must be reduced by 90% by 2040 at the latest, receiving positive feedback from European shipowners.The shipowners welcome the strong commitment of the Commission to address “barriers to the deployment of low- and zero-emissions fuels including e-fuels and advanced biofuels” in shipping and to give the sector “priority access to these fuels over sectors that have access to other…

On April 16th and 17th, maritime stakeholders from around the globe will converge in the historic Altona Fischauktionshalle for the highly anticipated 3rd Hamburg Maritime Forum. This prestigious event promises two days of insightful discussions, innovative solutions, and collaborative initiatives aimed at shaping the future of the maritime industry.Attendees representing a diverse spectrum of the maritime sector will grace the forum with their presence. Among them are shipowners…

The Australian Government has recalled the livestock carrier Bahijah after it diverted from the Red Sea over a week into its voyage to the Middle East.The Bahijah loaded cattle and sheep in Fremantle, Western Australia, and departed for the Middle East on January 5, 2024. The vessel has an Israeli company name painted in large letters along the side of the hull.At the time of departure, the Department of Agriculture, Fisheries and Forestry (DAFF) said it was satisfied that the arrangements for the transport of the livestock were appropriate to ensure their health and welfare.

The European Parliament has officially adopted the Berendsen report, an own-initiative report on “building a comprehensive European Port Strategy” (585 in favor, 21 against, 26 abstentions).The European Sea Ports Organisation (ESPO) welcomed the support for the strategic and vital role that Europe’s ports play for European society and economy. ESPO supports the Parliament’s plea to further harmonize the measures to strengthen the resilience and protection of Europe’s critical infrastructure, including ports.

Chee Hong Tat, Singapore’s Acting Minister for Transport, announced a record year in 2023 at a Singapore Maritime Foundation New Year Conversations event.The annual vessel arrival tonnage in the Port of Singapore crossed three billion gross tonnage (GT) for the first time, increasing by 9.4% over 2022 and setting a high of 3.09 billion GT in 2023. This reflects growth in all segments, including container ships, dry bulk carriers, liquid bulk and chemical tankers, ferries and specialised vessels…

Advanced Technology Industrial Group, a company controlled by Alpha Private Equity, has reached an agreement for the sale of 100% of Remazel Engineering to Italian shipbuilding giant Fincantieri.The anticipated completion of the transaction, expected in the first quarter of 2024, will result in Remazel becoming part of Fincantieri.The integration will combine Remazel's engineering and technological expertise in the offshore energy sector with Fincantieri's strategic vision, propelling the Italian shipbuilder's advancements in the realm of energy transition…

The International Maritime Rescue Federation (IMRF) has announced the winners of this year’s IMRF Awards, which recognize all those involved in global maritime search and rescue (SAR) efforts.The IMRF Awards acknowledge those that have shown excellence in their field, developed innovative technology and equipment, or acted as a role model to inspire others. The awards also shine a light on those colleagues who offer the tireless support, training, and planning that enables SAR crews to do what they do…

“If we are to state our strategy in one word, it’s decarbonization,” said Juha Kytölä, director of R&D and engineering at Finnish tech company Wärtsilä. “What we are going toward is to supply the market with a portfolio of products that are ready for zero-carbon fuels.”In order to achieve its sustainability goals—including a 2030 target for carbon neutrality in its own operations—Wärtsilä has been taking big strides in research and development, having ramped up its investment on this front in recent years, Kytölä said.

Karin Orsel has been appointed the first female President ever in the history of the European Community Shipowners’ Associations (ECSA), starting on January 1, 2024 for a two-year term, with Mikki Koskinen joining as the new Vice-President. She succeeds Philippos Philis, who has held the position since January 2022.Commenting on her appointment, new ECSA President Karin Orsel said, “The strategic role of European shipping for the security of the Europe has come to the forefront.

Mark your calendars for a maritime event of global significance as the World Maritime Forum prepares to cast anchor in Copenhagen from February 27-28, 2024. With an anticipated attendance of 450 maritime professionals, including shipowners, ship managers, shipbuilders, ports, classification societies, government bodies, regulators, technology companies, and service providers, this forum promises to be a gathering of industry titans and thought leaders.One of the key focus areas of this year's forum will be sustainability…