Odin News

Dutch shipbuilding conglomerate Damen Shipyards Group announced it has signed a contract with BOA Group for two ASD Tugs 3010 ICE. Due to Damen’s practice of constructing vessels in series for stock, the tugs were already under construction at the time of order and will be delivered later this year.BOA’s fleet consists of specialized offshore vessels, semi-submersible barges and harbor tugs. The order for these two Damen tugs is a part of the Norwegian company’s strategic fleet…

Netherlands-based tug and workboat company Herman Senior has acquired all shares of maritime and offshore services provider ST Marine Support. The acquisition includes ST’s three existing vessels and their upcoming newbuild, a Damen Multi Cat 3313SD, which is expected to be delivered at the end of March this year. With the formal handover completed on February 23, the acquisition has come into effect retroactively as of January 1, 2023.With this agreement ST Marine Support becomes part of the Herman Senior group of companies, integrating both fleets.

The insolvency of a major storage terminal planned in northwest Europe has supported regional tank storage rates for diesel and gasoline, just as European traders rush to fill up diesel tanks ahead of a Feb. 5 ban on Russian fuel.Earlier this month, the district court in Rotterdam declared the insolvency of the long-delayed HES Hartel Tank Terminal, to be developed in Europe's major trading port of Rotterdam.The terminal would have offered 1.3 million cubic metres of storage capacity for gasoline…

Oil and gas company Neptune Energy has signed a Memorandum of Understanding (MoU) with the Norwegian low-carbon tech firm Horisont Energi to develop the Errai Carbon Capture and Storage (CCS) project in Norway.According to Neptune Energy, Errai could store 4-8 million tonnes of CO2 annually, with the potential to store more in later phases. The project includes an onshore terminal for intermediate CO2 storage, with the intention to permanently store the CO2 in an offshore reservoir.The onshore terminal would be capable of receiving CO2 from European and domestic customers…

Towage provider Svitzer, part of A.P. Moller-Maersk, has bought a new tug to support terminal operations in Milford Haven, UK. The addition of the Svitzer Pembroke to the UK fleet will free up the 86-tonne bollard pull ASD tug, Svitzer Ramsey, for relocation to London to cater for expected growth at the River Thames and River Medway, Svitzer said.The Svitzer Pembroke was originally built for Svitzer at Zamakona Shipyard, Spain, but in 2014 the vessel was sold, and has operated…

Maritime and offshore classification society American Bureau of Shipping (ABS) has granted Approval in Principle (AiP) for the design of what it described as "a wide breadth, single row, near-shore LNG Floating Production Storage Offloading Vessel (FPSO) hull with a jetty-moored system." The hull design has been developed by South Korea's Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME).The 64m wide barge-shaped hull features a GTT NO96 single row containment system with a storage capacity of 209,000 m3.

A design for an ammonia-fueled 23,000 TEU ultra-large containership has received approval in principle (AIP) from classification society Lloyd’s Register (LR), marking a key milestone in a joint development project (JDP) with South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) and engine manufacturer MAN Energy Solutions to develop ammonia propulsion ships.As part of the JDP launched earlier this year, DSME generated the basic design of the ammonia propulsion…

Earlier this month Sanmar Shipyards delivered a pair of Robert Allan Ltd. designed terminal support/escort tugs to Orkney Islands Council Marine Services, in Scotland. The unique and historical names Odin of Scapa and Thor of Scapa were chosen by a widely supported, local voting exercise launched by the Council in November of 2019. The two 32-meter newbuilds are replacing two of the three tugs currently operated by the owners.The RAstar 3200-SX tugs are purposely designed with…

Seatankers, the powerful holding company of Norwegian-born billionaire John Fredriksen, said on Thursday it had hired a veteran fund manager to broaden the group’s portfolio and bring in outside capital in a new unit.Vegard Soeraunet, until recently an investment director at Norway’s ODIN Fund Management, will be in charge of “long-term and active ownership” outside of Seatankers’s shipping and offshore oil services industries, the company said.“Getting the opportunity to take this to the next level with a new structure under Seatankers, is a great opportunity,” Soeraunet said in a statement.It was the second key appointment at Seatankers in recent days following the August 28 naming of a hedge fund manager as its new chief executive.While Fredriksen initially built his fortune from shippi

An offshore supply vessel was reportedly attacked offshore Mexico on Friday, July 24, in an incident that was described as a "violent armed boarding and robbery of personal belongings."The maritime safety intelligence company Dryad said Monday that the offshore supply vessel Natalie was boarded while conducting operations in the vicinity of the ODIN Offshore platform 12nm NE of Coatzacoalcos."It is understood that the vessel was boarded early morning within hours of darkness. A channel 16 broadcast received from the vessel stated “We would like to inform you that at this moment pirates are getting on board the ship NATALIE which is near the ODIN platform…

Oil traders are struggling to find enough ships, railcars, caverns and pipelines to store fuel as more conventional storage facilities fill up amid abundant supply and plummeting demand due to the coronavirus crisis.Dozens of oil tanker vessels have been booked in recent days to store at least 30 million barrels of jet fuel, gasoline and diesel at sea, acting as floating storage, as on-land tanks are full or already booked, according to traders and shipping data.That adds to about 130 million barrels of crude already in floating storage…

Port of Rotterdam is set to welcome Heerema's Sleipnir, the world's largest semi-submersible crane vessel, which is set to arrive at the port on Saturday, March 21, where it will be made ready for a North Sea decommissioning project.Named after the Norse God Odin's eight-legged stallion, the vessel stands at 220 meters long, 102 meters wide, can accommodate 400 employees, and weighs 119,000 tons and is the first such unit powered by liquefied natural gas (LNG). The semi-submersible vessel has two cranes onboard, each capable of lifting 10,000 metric tons.

Turkish tug boat builder Sanmar Shipyards said that it has launched Odin of Scapa, first of the Orkney Islands Council (OIC) two new tugs, at its shipyard at Altinova in Turkey."The launch was on schedule and the program is currently within budget," informed the shipbuilder.Following a period of final fitting out, equipment commissioning and then sea trials the purpose-built tug will commence a three week passage from Turkey and is due to arrive at its new home in Scapa Flow in Orkney at the end of the second week in May.The second tug – Thor of Scapa – is ahead of schedule and is due to arrive in Orkney some 2 months after its sister ship.OIC’s Head of Marine Services…

ABS, a global provider of classification and technical advisory services, and Daewoo Shipbuilding & Marine Engineering Co., Ltd. (DSME) have signed a joint development project (JDP) agreement to explore decarbonization and digitalization strategies for Very Large Crude Carriers (VLCC) and Ultra Large Container Ships (ULCS).A press release from ABS quoted Patrick Ryan, ABS Senior Vice President, Global Engineering and Technology as saying: "ABS is assisting leading shipping lines with evaluation of their decarbonization and digital strategies all over the world. This JDP will help us harness the potential of digitalization and drive forward decarbonization goals for the industry.”The JDP aims for DSME to develop ABS approved VLCC and ULCS vessel designs…

A group of world leading shipping companies including NYK, Sovcomflot, Knutsen OAS and Ardmore, ship builders, including DSME and the mining company Vale, have therefore teamed up with Denmark based Maritime Development Center to develop such an on-board carbon capture and storage solution in a project named decarbonICE.DecarbonICE is based on two new main ideas for the capture and storage part, respectively. The CO2 and other GHG's in the ship exhaust are captured on board in a cryogenic process and turned into dry ice.Proven offshore technology is then applied during normal ship operations to transport the dry ice into the seafloor sediments.

Classification society Lloyd's Register said it has awarded Approval in Principle (AiP) to South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) for its 98,000-cubic meter very large ethane carrier (VLEC) design with new cryogenic material High Manganese Austenitic steel (High MnA) and sloshing-free tank, the first VLEC design to use this type of material.DSME’s 98,000 m3 VLEC design is made of DSME-patented ‘Type B’ tank so it can operate with partial loading due to a sloshing-free tank design making vessel operations flexible and efficient…

Ammonia, the same pungent solution used in fertilizers and cleaning agents, may one day be the key to transporting renewable energy around the world. There are currently a number of government and corporate projects assessing the feasibility of converting excess renewable energy from sources like wind, solar, tidal and nuclear into ammonia and then back into usable energy.In its purist form, ammonia or NH3 is composed of one nitrogen and three hydrogen atoms making it an ideal candidate to chemically bind excess renewable energy. Like several other chemical compounds, ammonia can be transported by chemical tanker in liquid form to end-users. Based on its near ambient liquification point, it may be more appealing to transport ammonia over longer distances than hydrogen.

At Gastech trade fair in Houston, DNV GL presented South Korea’s Daewoo Shipbuilding & Marine Engineering Co. Ltd. (DSME) with Approval in Principle (AIPs) certificates for two new 98,000 cubic meter (cbm) ethylene carrier cargo tank designs. In a hand-over ceremony at the DSME booth, Odin Kwon, Chief Technology Officer (CTO) of DSME, received the AIP certificates from Johan Petter Tutturen, DNV GL – Maritime’s Business Director Gas Carriers.“This is another great milestone in our longstanding relationship with DNV GL…

Dutch marine construction company ST Marine Support christened its newest multi-purpose workboat (Multi Cat) AUXILIA at Damen Shipyards Hardinxveld.The vessel brings the total of Multi Cats in the company’s fleet to three, following the delivery of Multi Cats 3013 ODIN in 2010 and NERO in 2013. AUXILIA is the first of her kind – a Multi Cat 3513.S. T. Marine Support approached Damen for a new Multi Cat with larger deck capacity and greater winch capacity. The contract was signed in February 2018 and Damen worked closely with the client in the development of the vessel.Co-founder and director of the company Vasco Tammes explains, “When we needed a Multi Cat larger than those we’ve used before, we approached Damen.

South Korean shipbuilders Daewoo Shipbuilding & Marine Engineering Co., Ltd (DSME) has received approval in principle (AiP) from Lloyd's Register (LR) for its Smart Ship Solution (DS4).The fleet monitoring smart ECDIS and surveillance system has been granted the descriptive note ‘Digital AL3 SAFE SECURITY’, confirming compliance with LR’s digital ships requirements.The Digital SAFE descriptive note confirms that systems which are essential for ship operation, and that have remote access to onboard operational data for analysis, decision-making and control, have been assessed in accordance with LR’s Digital Ships ShipRight Procedure.The…

DSME, Korea Maritime and Ocean University, NAPA and AVL announced a strategic cooperation agreement to develop digital ships and related strategic solutions. The agreement combines vast experience in naval architecture, shipbuilding, engines, big data and software development, and will cover all aspects of creating comprehensive digital twins: from the acquisition and processing of quality engine room data, ship performance and meteorological data to the training, simulation and…

Dutch firm Heerema Marine Contractors and Singapore's Sembcorp Marine, on Thursday, showed off the world's largest crane vessel that can be used for the setup and decommissioning of offshore oil and gas facilities.The semi-submersible vessel, which cost Heerema about $1.5 billion, is equipped with two cranes that can reach a height of 220 metres, taller than the top of Singapore's iconic boat-shaped Marina Bay Sands hotel. The cranes have a combined lifting capacity of 20,000 tonnes…

Norwegian Electric Systems will deliver equipment in connection with the electrification of MF Norangsfjord and the charging station at Hollingsholmen ferry quay.Norway’s biggest ferry company Fjord1 has chosen Norwegian Electric Systems (NES) to supply the electrical and automation package to be used in the modification of MF Norangsfjord. The modifications are scheduled for the last half of 2019. The ferry will serve the Aukra–Hollingsholmen route, where the quay at Hollingsholmen will be modified to include a complete charging system.