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Wednesday, April 24, 2024
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23 Apr 2024

Damen Launches ‘Green’ Ship Dismantling Pilot

(Credit: Damen)

Damen Shipyards Group has launched a pilot project in which a small tug will be dismantled in a circular way and fully in line with the EU regulations.The project will serve as a trial, after which this approach of ‘green’ ship dismantling and recycling will be made available commercially, and also for larger vessels, according to Damen.The 15.4-meter-long tug named Jan, which was built in 1927, will be dismantled at Damen Shiprepair Rotterdam’s Botlek site in line with the regulations…

11 Apr 2024

Kongsberg Maritime Celebrates 50 Years of Ship Design

The IWS Skywalker is the latest Kongsberg Maritime vessel design. The state-of-the art windfarm commissioning service operation vessel (CSOV) will soon start operations in the North Sea. (Source: Kongsberg Maritime)

2024 marks 50 years of ship design work for Kongsberg Maritime. From setting the benchmark that set the standard for offshore supply vessels in the 1970s, to advanced anchor handlers that transformed the oil and gas industry, and a growing reference list in fishery and merchant ships, Kongsberg Maritime’s range of ship designs has continued to evolve over the past five decades.The early 1970s, at the dawn of the offshore oil and gas industry, saw the very first vessels, designed…

11 Apr 2024

Insights: Jennifer Carpenter, President & CEO, American Waterways Operators

Jennifer Carpenter, President & CEO, American Waterways Operators (Photo: AWO)

Jennifer Carpenter joined The American Waterways Operators (AWO), the national trade association representing the inland and coastal tugboat, towboat and barge industry, in August 1990 and became its president and CEO in January 2020. She highlights some of the greatest focus areas for the 80-year-old trade group—simultaneously looking at both the present day and the road ahead.The towboat, tug and barge industry is in a period of rapid evolution. How is AWO—now in its 80th year…

04 Apr 2024

Crumbling Great Lakes Ports Infrastructure Makes Port Insurance Even More Critical

© icholakov / Adobe Stock

The state of Great Lakes port infrastructure is one of the biggest issues facing the U.S. and Canadian maritime industries. According to the America Great Lakes Ports Association, “Due to years of inadequate funding, the U.S. Army Corps of Engineers has been unable to maintain Great Lakes navigation infrastructure. Over the next five years Great Lakes navigation channels will require $540 million of dredging to maintain authorized channel dimensions. Breakwaters and other federal…

04 Apr 2024

Damen Naval to Equip Anti-Submarine Warfare Frigates with RENK Gearboxes

Anti-Submarine Warfare Frigate (Credit: Damen Naval)

Damen Naval has contracted RENK to supply the gearbox systems for the new anti-submarine warfare (ASW) frigates.The Dutch shipyard is building four new frigates, two each for the Royal Netherlands Navy and the Belgian navy.The contract includes eight gearboxes that are part of the CODLAD (COmbined Diesel-eLectric And Diesel) propulsion system.RENK's Dutch subsidiary Schelde Gears will provide support in design and service activities.The first gearboxes are due to arrive for installation in October 2025…

28 Mar 2024

Insights: Cherrie Felder, VP, Channel Shipyard Companies

Cheryl “Cherrie” Felder is among the U.S. barging industry’s most well-known leaders, having built a reputation as a difference-maker and champion for the industry.

For Cheryl “Cherrie” Felder, the path to the maritime industry was both untraditional and seemingly meant to be. After studying African art, she began her career working in a museum in New Orleans before landing a role directing professional rodeo in the Big Easy.“It was a lot of fun, and I learned a whole lot,” Felder said. “But as you may imagine, New Orleans is not a rodeo town. After the third year, the board of directors decided, okay, that's it. No more rodeo.”And that’s when Felder’s doorway to the maritime industry swung open…

26 Mar 2024

Leadership Profile: Tor Svanes and NAVTOR's Quest to Transform Shipping

Tor Svanes, Founder and CEO, NAVTOR. Image courtesy Navto

Compliance, performance, profitability, sustainability; take the biggest ‘pain points’ for almost any shipping company and watch NAVTOR’s digital ecosystem work wonders. Here Tor Svanes, Founder and CEO, explains how NAVTOR has grown to lead the smart shipping world, why the recent merger with Voyager Worldwide was so critical, and how he hopes to help steer the industry towards brighter, simpler, and more intelligent horizons.“The morning of the announcement I got a text from the boss of one of our biggest competitors…

20 Mar 2024

SFL Acquires LR2 Product Tanker Trio

© Kalyakan / Adobe Stock

Shipowner SFL Corporation on Wednesday announced it has agreed to acquire three new LR2 product tankers in combination with long term time charters to an energy and commodities company.The vessels are currently under construction in China, with the latest eco-design features, SFL said, noting the sellers are affiliates of the company’s largest shareholder Hemen Holding Ltd.SFL said it will acquire the three ships for an aggregate purchase price of approximately $230 million, in…

06 Mar 2024

Russia Oil Fleet Shifts Away from Liberia, Marshall Island Flags Amid US Sanctions Crackdown

© evannovostro / Adobe Stock

Dozens of oil tankers used by Russia have stopped sailing under the Liberian and Marshall Islands flags in recent weeks after the United States ramped up sanctions enforcement on ships linked to those registries, according to shipping data and interviews with industry and government officials.The shift reflects the close relationship between the U.S. and the flag administration companies of Liberia and the Marshall Islands, which are headquartered not in their home countries, but in Virginia, just miles from Washington D.C. and within the jurisdiction of U.S.

06 Mar 2024

ABB to Deliver Integrated Propulsion System for CCG’s Next-Gen Polar Icebreaker

Polar icebreaker (Credit: Seaspan Shipyards)

Seaspan Shipyards, Canada’s long-term shipbuilding partner for the Canadian Coast Guard (CCG) and Royal Canadian Navy, has awarded ABB a contract to deliver an integrated propulsion system for the first of the CCG’s new-generation polar class icebreakers.The vessel is expected to be one of the world’s largest and most powerful diesel-electric icebreaker when it enters service in 2030, with ABB supplying vessel systems complying with IACS Polar Class 2 requirements for year-round…

27 Feb 2024

FMC Updates Controlled Carrier List

Source: Hede (HONGKONG) International Shipping Limited

Hede (HONGKONG) International Shipping Limited has been classified by the US Federal Maritime Commission as a controlled carrier of the Government of the People’s Republic of China and added to the agency’s Controlled Carrier List.The Controlled Carrier List was further revised by removing COSCO Shipping Lines (Europe) GmbH, which has ceased serving the US trades and has cancelled its tariff. Other COSCO entities remain on the list.Controlled Carriers are ocean common carriers operating in the US-foreign trades that are…

27 Feb 2024

Japan Continues to Lead Shipowner Rankings

© Carabay / Adobe Stock

VesselsValue has unveils this year’s top 10 shipowning nations, reviewing the total asset values for vessels by beneficial owner country. From Japan's resolute leadership in the top position with a USD 206.3 billion fleet to the emergence of Hong Kong at USD 44.7 billion, asset values and ownership strategies have changed considerably over the last 12 months, says Rebecca Galanopoulos-Jones, Senior Content Analyst, Veson Nautical.The data provided by VesselsValue and analysed by Veson is valid as of February 2024.

23 Feb 2024

Three Questions: Matt Tremblay, VP, Global Offshore Markets, ABS

Matt Tremblay, ABS’ Vice President of Global Offshore Markets. Image courtesy ABS

The American Bureau of Shipping dominates the global market in the classification of Floating Production. Offshore Engineer recently sat with Matt Tremblay, ABS’ Vice President of Global Offshore Markets, at American Bureau of Shipping HQ in Houston for his insights on market drivers and technical trends in this dynamic market.Matt, big picture, how do you see the Floating Production market developing in the coming years?At a macro level, I think we're going to be supply limited over the next five years.

21 Feb 2024

Biden Executive Order Targets Cybersecurity at US Ports

© Brian E Kushner / Adobe Stock

President Biden on Wednesday signed an Executive Order aiming to strengthen cybersecurity at U.S. ports amid growing threats to America's vital maritime supply chains.The directive bolsters the Department of Homeland Security’s authority to address maritime cyber threats, including through the creation of new standards to ensure the security of networks and systems throughout the nation’s marine transportation system (MTS), which supports $5.4 trillion in economic activity each year."Most critical infrastructure owners and operators have a list of safety regulations they have to comply with…

20 Feb 2024

Hull Stress Monitoring System Receives ABS SMART PDA

Left to right: Niklas Hallgren, CEO of Light Structures, with Patrick Ryan, ABS Senior Vice President and Chief Technology Officer. (Photo: ABS)

Light Structures’ SENSFIB Hull Stress Monitoring System received the ABS SMART(SHM) Tier 3 Product Design Assessment (PDA) certificate.The SENSFIB Tier 3 Smart Structural Health Monitoring system employs an industry-leading, fiber optic, sensor-based approach for structural health assessment and prediction, calibrated and verified using high-fidelity data for improved accuracy and reliability.The system provides information about the stresses on a vessel’s hull from cargo loading…

08 Feb 2024

Maersk to Spin Off Svitzer

© harlequin9 / Adobe Stock

Denmark's A.P. Moller-Maersk said on Thursday it will spin off its towage and marine services activities and plans to list the new company on the Nasdaq Copenhagen stock exchange.Maersk has sought to streamline its business in recent years, spinning off oil rigs and other units that did not fit with its core shipping and logistics operations.The anticipated first day of trading for the shares of the new company, to be called Svitzer Group, is on April 30, Maersk said as it reported…

04 Feb 2024

No New Import Bans in Next EU Russia Sanctions Package

The European Commission will not add any new import bans in its next package of sanctions on Russia, EU diplomats said, as a 13th package proposal takes its final shape.The Commission and European Union member states want to quickly pass a new set of measures to mark the second anniversary of Russia’s invasion of Ukraine on Feb. 24.Despite calls from some EU countries to ban more Russian exports like aluminium, the Commission will propose a package it hopes will cause minimal…

02 Feb 2024

St. Johns Ship Building Names Joe Rella as President

Joe Rella (Photo: St. Johns Ship Building)

St. Johns Ship Building announced it has appointed Joe Rella as president, succeeding Jeffery Bukoski, who left the role at the close of 2023.Rella brings over four decades of U.S. Navy and commercial maritime experience to his new position at the Palatka, Fa. shipyard. He was previously president and COO at Austal USA and has held executive roles at International Marine and Industrial Applicators. Rella received his undergraduate degree in marine engineering from the U.S. Merchant Marine Academy and earned an MBA from Spring Hill College.

02 Feb 2024

OSV Owners Reap the Rewards of Data Sharing

L to R: Greg Trauthwein, President, New Wave Media; Eric Griffin, Vice President, Offshore Energy & Fishing, Inmarsat; Maritime Ron Welles, C-Comm Manager, Marine Technologies; Kyle Pemberton, Manager of Engineering, SEACOR; Dain Detillier, Executive Vice President – LNG Operations, Harvey Gulf International Marine.Image courtesy Eric Haun.

A ‘Connected Future’ seminar, organized by Inmarsat in collaboration with Maritime Reporter & Engineering News and moderated by Greg Trauthwein, encapsulated the critical roles technology and data sharing play in enabling more efficient and sustainable workboat operations, and in improving conditions for crew.Insights from leading Offshore Supply Vessel owners and operators capture the extent to which technology and data sharing are driving greater efficiency, sustainability and…

01 Feb 2024

Houthis Say They Targeted British Merchant Vessel in Red Sea

© AytugAskin / Adobe Stock

Yemen's Houthis on Thursday said their naval forces targeted an unidentified British merchant vessel in the Red Sea in the group's campaign to disrupt shipping to protest Israel's bombardment of Gaza.Earlier on Thursday, the United Kingdom Maritime Trade Operations (UKMTO) organization said that an explosion was reported at a distance off a vessel's starboard side west of Yemen's Hodeidah.The vessel and crew were reported safe, UKMTO said. It was unclear whether it was the ship…

31 Jan 2024

Houthis Say They Targeted US Merchant Vessel

© Genya / Adobe Stock

Yemen's Houthis on Wednesday said their naval forces carried out an operation targeting an "American merchant ship" in the Gulf of Aden hours after firing missiles at U.S. Navy destroyer Gravely.They targeted the "American merchant ship KOI ... with several appropriate naval missiles," Houthi military spokesperson Yahya Sarea said in a statement.The Liberian-flagged container ship Koi is operated by UK-based Oceonix Services. The company's fleet includes the oil tanker Marlin Luanda…

31 Jan 2024

CMA CGM Lines Up Methanol Retrofits

© sheilaf2002 / Adobe Stock

CMA CGM has lined up several of its existing containerships for conversion to dual-fuel methanol propulsion.The French ocean carrier has signed contracts with China State Shipbuilding Corporation’s (CSC) Qingdao Beihai Shipbuilding to carry out the conversions starting from mid-2025. The program will reportedly include one or two 9,300 TEU vessels but could grow to up to 10 ships if successful.CMA CGM joins a growing list of container shipping companies that have moved to convert ships to run on methanol…

30 Jan 2024

Carnival Warns of Hit to 2024 Earnings After Rerouting of Red Sea Itineraries

© icholakov / Adobe Stock

Carnival said on Tuesday that its annual earnings would take a hit as the cruise operator reroutes its ships that were due to pass through the Red Sea, a key transit route linking Asia and Europe.A growing list of companies have rerouted vessels as the Houthis, a Yemeni militant group, steps up attacks on Israeli ships or ships heading towards Israel, in solidarity with the Palestinians.The rerouting by Carnival is expected to have an impact of 7 cents to 8 cents on its adjusted earnings per share for full-year 2024, with the majority of the impact coming in the second quarter.