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Friday, April 26, 2024
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Life Cycle News

11 Apr 2024

New Study Offers Safety Recommendations for Green Shipping Corridors

© Zdenar Adamsen / Adobe Stock

A new report offers safety recommendations for ship owners and port authorities seeking to establish green shipping corridors.As the shipping industry continues to make progress toward its decarbonization goals, a number of green shipping corridors are being being set up as maritime routes that help to enable the use of low- and zero-emission lifecycle fuels such as methanol, ammonia and hydrogen, as well as other green technologies. To date, more than 30 green shipping corridors…

08 Apr 2024

The Maritime Industry Has Unique Cybersecurity Challenges

© Shuo / Adobe Stock

With supply chain attacks on the rise, and nation-state attackers constantly looking for new ways to disrupt national security and economic stability, one of the most vulnerable areas is the security around our maritime operations. The Biden-Harris Administration's recent Executive Order to fortify the cybersecurity of U.S. ports underscores this concern, spotlighting the urgency of addressing vulnerabilities in a sector that drives over $5.4 trillion in economic activity annually.

02 Apr 2024

Wärtsilä Lifecycle Agreement for Installation Vessel Green Jade

Green Jade (Photo: Wärtsilä)

Wärtsilä reports it has signed a long-term Guaranteed Asset Performance agreement with CSBC-DEME Wind Engineering Co Ltd (CDWE), a joint venture between CSBC Corporation and DEME Offshore. The agreement covers CDWE’s new 216 meters-long installation vessel, the Green Jade. Marco Kanaar, CEO of CDWE, owner of the Taiwan-designed and -built offshore heavy lift DP3 installation vessel Green Jade says: "High utilization of our Green Jade is of utmost importance to our business which is why we have selected the Wärtsilä thrusters and engines for its reputation for excellent quality and reliability.

25 Mar 2024

ABS Head Wiernicki Sees Global Carbon Tax on Shipping on the Horizon

© Kara / Adobe Stock

ABS chairman and CEO, Christopher J. Wiernicki, said he sees a universal, global carbon tax on shipping on the horizon, as alternative blue fuels made with carbon capture emerge as a growing part of the maritime industry's ongoing energy transition.“We need to recognize that there is an intermediate step in the energy transition,” Wiernicki said during an appearance at the CERAWeek energy conference. “Last year the conversations were focused on going from oil to a green fuel economy.

18 Mar 2024

Siemens and NVIDIA to Build Industrial Metaverse

Source: NVIDIA

Siemens is bringing immersive visualization powered by new NVIDIA Omniverse Cloud APIs to the Siemens Xcelerator platform, driving increased use of AI-driven digital twin technology and creating an industrial metaverse.“We will revolutionize how products and experiences are designed, manufactured and serviced. On the path to the industrial metaverse, this next generation of industrial software enables customers to experience products as they would in the real world: in context…

14 Mar 2024

Wärtsilä Inks Lifecycle Agreement with P&O Ferries for Two Vessels

M/V Pioneer vessel (Credit: P&O Ferries)

Technology group Wärtsilä has signed a Lifecycle Agreement with UK-based P&O Ferries for two of its vessels – the M/V Pioneer and the M/V Liberté.The scope of the five-year agreement the Lifecycle Agreement with P&O Ferries includes parts and maintenance services, as well as maintenance planning, operational support and Wärtsilä’s Expert Insight predictive maintenance service.The predictive service enables issues to be identified before they cause a delay in the schedule. Delays…

12 Mar 2024

Updated Framework Released for Comparing Decarbonization Technologies

© Mariusz / Adobe Stock

The Maritime Technologies Forum (MTF) has released an updated Framework for Assessing Decarbonization Technologies and Alternative Energy Carriers and a comprehensive assessment on the maturity and readiness of alternative fuel options, expanding the number of evaluated fuels covered since the previous heatmap report issued in November 2022.The assessment applied MTF’s recently updated framework to an expanded set of eight fuels, including fossil LNG, fossil MGO combined with carbon capture and storage (CCS)…

05 Mar 2024

MAN Expands Dual-fuel Methanol Agreement with CCS

(Photo: MAN Energy Solutions)

MAN Energy Solutions and China Classification Society (CCS) signed a sub-agreement in line with the Strategic Framework Agreement (SFA) the two parties previously agreed in September 2023 in Beijing. The SFA, on ‘Decarbonization and Digitalization in the maritime industry’, is scheduled to last for five years.The new sub-agreement – the third such between the companies – covers MAN Energy Solutions’ new MAN L21/31DF-M (Dual-Fuel Methanol) GenSet designed at the company’s Danish site in Holeby.

01 Mar 2024

Yara and ACME Sign Ammonia Supply Agreement

Source: Yara

Yara and GHC SAOC, a wholly owned subsidiary of India’s Acme Cleantech, have signed a binding agreement for the supply of ammonia with reduced CO2 emissions from Acme to Yara on a long-term basis.Both companies had previously signed a non-binding offtake Term Sheet and the current agreement concludes 18 months of negotiations during which the regulatory framework and certification regime have evolved significantly, creating a suitable environment for such long-term contracts.The long-term offtake agreement covers the supply of 100…

21 Feb 2024

KR Verifies HMM’s GHG Reduction Calculation Methodology

Song Kanghyun (left), Head & Senior Vice President of KR’s DecarbonizationㆍShip R&D Center, and Kim Shin (right), Chief Container Business Officer of HMM.

KR has awarded a third-party verification certificate for a “Greenhouse Gas Reduction Calculation Methodology” developed by HMM, South Korea’s largest shipping company.The methodology is based on the Renewable Energy Directive II, a regulatory framework adopted by the EU to promote the use of renewable energy to all member states.The greenhouse gas reduction methodology verified by KR involves calculating the amount of reduced greenhouse gases (GHG) based on the fuel's life cycle emissions (WtW…

21 Feb 2024

Manta Marine Technologies Announces New Leadership

Manta Marine Technologies leadership team from left: Aleksander Askeland (CFO), Ina Reksten (CEO) and Richard Engelhart Bjercke (CCO). Image courtesy Manta Marine

Manta Marine Technologies, formerly known as Yara Marine Technologies (YMT), unveiled its new brand and leadership team, following its recent acquisition by Geneva-based Okapi Supply Trading Advisory SA.The Manta Marine Technologies team will now be led by CEO Ina Reksten, who previously served as Deputy CEO and Chief Operating Officer. Outgoing CEO Dr Thomas Koniordos has been appointed as Chair of the Board, while former Chief Sales Officer, Aleksander Askeland will be the new CFO and Richard Engelhart Bjercke will be the new CCO.“I am confident that Manta Marine Technologies…

15 Feb 2024

WSC Proposes Green Balance Mechanism

© Kalyakan / Adobe Stock

As the IMO prepares for negotiations on regulations to support net-zero by 2050 at MEPC 81 in March, the World Shipping Council (WSC) has proposed a greenhouse gas pricing mechanism it calls the Green Balance Mechanism.The aim is to provide a new approach to greenhouse gas pricing which makes it possible to close the price gap between fossil fuels and green fuels, at the lowest possible overall cost:• Through the Green Balance Mechanism, fees are taken from fossil fuels and allocated to green fuels used…

14 Feb 2024

Diana Shipping Orders Two Methanol Dual-fuel Bulkers

© Björn Wylezich / Adobe Stock

Greek shipowner Diana Shipping on Wednesday announced it has placed an order for two new methanol dual-fuel Kamsarmax bulk carriers from China's Tsuneishi Group (Zhoushan) Shipbuilding Inc.The 81,200 dwt newbuilds were ordered at a purchase price of $46 million each, Diana said. The vessels are expected to be delivered by the second half of 2027 and the first half of 2028, respectively.Diana in September 2023 announced it signed a letter of intent (LOI) to order the ships through…

13 Feb 2024

Marine Power R&D Insights: Matt Hart, Wabtec Corporation

Image courtesy Wabtec

Matt Hart, Manager & Platform Leader, Marine & Stationary Power Systems, Wabtec, offers insights on how the megatrends of decarbonization, energy transition and autonomy all inspire and impact the marine power solutions from Wabtec.Matt, to start us off, can you provide insight on the journey to your present position?I graduated from the University of Notre Dame with an undergraduate in Mechanical Engineering and started with General Electric in the Edison Engineering Development rotational program at the Erie…

05 Feb 2024

Researchers Warn on Eutrophication Potential of Ammonia

Source: Chalmers University of Technology

Switching to ammonia as a marine fuel could create new problems, according to a new study undertaken by researchers from Chalmers University of Technology in Sweden.The researchers carried out life cycle analyses for batteries and for three electro-fuels (hydrogen, methanol and ammonia). Eutrophication and acidification are some of the environmental problems that can be traced to the use of ammonia – as well as emissions of laughing gas (N2O), which is a very potent greenhouse gas.Ammonia (NH3) is a carbon-free fuel and has the advantage of a higher energy density than, for example, hydrogen.

12 Feb 2024

Future Ships: Picture Perfect

(Image: Siemens)

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…

12 Feb 2024

BAR Tech Signs European Supplier for Wind Propulsion Systems

(Credit: BAR Technologies)

BAR Technologies, a developer of wind propulsion systems, has entered into partnership with floating offshore wind platforms pioneer Nervion Naval Offshore to manage and oversee the production of BAR Technologies’ wing sail design WindWings in Europe.The agreement with Nervion, a company owned by Amper Group and with factories in Ferrol and As Somozas in Galicia, Spain, is the first manufacturing partnership for BAR Technologies outside of China.It is expected to provide European customers…

29 Jan 2024

Designing Ships Around Emissions: The Right Path or a Fork in the Road?

© xtock / Adobe Stock

When discussing ship design, the maritime industry has been tossing around a number of new terms and definitions. Sustainability, alternative fuel “ready”, digitization and lifecycle are a few of the terms becoming more commonplace amid the industry’s search for zero emissions solutions. As IMO MEPC 80 meetings push emissions reduction to meet “well to wake” requirements, we will learn much of the challenge is tied to energy and infrastructure ashore. Electrification and the development…

01 Feb 2024

Cradle-to-Grave LNG Carrier Study Spotlights Crucial Role of Alternative Fuels for GHG Reduction

© moofushi / Adobe Stock

Alternative fuels, green steel and renewable energy are fundamental to greenhouse gas (GHG) emissions reduction during the life cycle of a vessel, an industry-first cradle-to-grave study on a newbuild LNG carrier has revealed.Carried out by Lloyd’s Register, Knutsen, HD Korea Shipbuilding and Offshore Engineering (HD KSOE), and HD Hyundai Heavy Industries (HHI), the analysis has highlighted the environmental output at each stage of a vessel’s life.Namely, the six-month study, which began in June 2023…

01 Feb 2024

Similar But Not Identical: How Digital Twins Can Serve Class And Designers

(Image: SSI)

Demand for data that can inform strategies for asset management and performance monitoring is driving the wider adoption of digital tools in shipbuilding. Vessel designers are increasingly able to employ a software-driven approach that creates efficiencies and satisfies compliance.Shipowners want visibility on assets over their lifecycle, and as the era of planned maintenance routines gives way to predictive interventions, shipyards are turning to 3D models to create digital twins…

02 Feb 2024

Okapi Buys Yara Marine Technologies

Okapi Supply Trading Advisory SA CEO, Mohamed J. Ndao (Photo: Okapi Supply Trading Advisory)

Yara Marine Technologies (YMT) has been acquired by Geneva-based Okapi Supply Trading Advisory SA (formerly Sarl) to expand its maritime solutions portfolio.Yara Marine offers a portfolio of cutting-edge green technologies, spanning from SOx Scrubbers and Vessel Optimization solutions (Route Pilot AI, FuelOpt, and Fleet Analytics) to turnkey Shore Power solutions. The acquisition comes as the industry faces increasing emissions regulations and financial impetus to meet the 2030, 2040 and 2050 emissions goals set by the International Maritime Organization (IMO).Yara Marine Technologies’ Dr.

05 Feb 2024

The Digital Revolution & US Shipbuilding

(Image: CADMATIC)

The competitive landscape in shipbuilding has changed dramatically, as ‘Industry 4.0’ capabilities driven by the digital revolution have given the edge to those that scout and adopt solutions that deliver on the promise of increasing efficiency while cutting costs. Juan Prieto discusses the CADMATIC suite of solutions for North American shipyards seeking to capture the competitive edge.Digital technologies are evolving at breakneck speed, unlocking tremendous efficiency gains for shipbuilders.

06 Feb 2024

Irish Naval Service Signs Up for Wärtsilä Optimized Maintenance Agreement

(Photo: Wärtsilä)

Wärtsilä announced it has signed a five-year Optimized Maintenance Agreement with the Irish Naval Service. The agreement, which covers four offshore patrol vessels (OPV), is designed to ensure operational reliability along with long-term cost predictability.“We have had good experience with Wärtsilä over the years, and we have great trust in their capabilities. This agreement will help us to achieve the level of efficiency and reliability that we aim for, which in turn will improve the environmental performance of these ships…