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Ti News

06 Jun 2023

Survitec Unveils Interactive Safety Monitoring Solution

Source: Survitec

Survitec has announced a new interactive safety management solution it hopes will substantially improve onboard safety.The Safety Management and Rapid Response Technology Interface (SMARR-TI) uses a graphical monitoring interface to integrate fire detection and fire suppression systems within one system.SMARR-TI, which Survitec developed in cooperation with Turkish shipyard Tersan and Norway’s Havila Voyages, is already in operation on a pair of 15,500gt passenger ships.SMARR-TI…

22 May 2023

US Celebrates National Maritime Day

Source: American Maritime Partnership: Florida Commerce Secretary Laura DiBella was joined by representatives from the American Maritime Partnership, Florida Maritime Partnership, JAXPORT, Crowley and TOTE to celebrate National Maritime Day in Jacksonville, FL.

Each year on May 22 the US celebrates National Maritime Day. May 22 was declared National Maritime Day in 1933 to honor the SS Savannah’s departure from Georgia to England in 1819 to become the first successful steam-powered ship to successfully cross any ocean. The US Merchant Marine has been a pillar in the country’s foundation of prosperity and security. They power the world’s largest economy and strengthen ties with trading partners around the world, all while supporting our military forces by shipping troops and supplies wherever they need to go.During World War II more than 250…

02 Sep 2022

Full-electric Ferry Delivered ti SKF

(Photo: EST-Floattech)

Dutch marine battery system supplier EST-Floattech has delivered 1092kWh of battery capacity for new, full-electric ferry Wellingdorf in a contract with system integrator Holland Ship Electric. The zero-emission vessel, the fifth in a series of six hybrid and full-electric vessels for Kiel-based tug and ferry operator SFK, was designed and built by Holland Shipyards Group. The last (hybrid) vessel Schilksee is expected to be delivered early 2026.Earlier this year Holland Shipyards Group…

11 Aug 2022

Miros' WaveSystem for Subsea 7's Petrobras-bound Offshore Vessel Trio

  Subsea 7 pipelay support vessels (PLSV) Seven Waves, Seven Rio and Seven Sun. Image credit: Subsea 7

Subsea 7 has awarded Miros Group agreements to install its internet of things (IoT) dry-sensor WaveSystem on three of its pipelay support vessels, ti deliver accurate wave measurements via Miros' cloud-based graphical user interface (GUI) Miros.app.As part of three 3-year contracts and project requirements for the monitoring of wave and current to a water depth of 10 meters, WaveSystem will be installed on Seven Waves, Seven Rio and Seven Sun vessels, and the deal will see Subsea…

20 Aug 2021

DNV Grants AiP for Samsung Heavy's VLCC Fuel Ready Design

Illustration only - Credit:Carabay

Classification society DNV has awarded an Approval in Principle (AiP) to Samsung Heavy Industries for a "Fuel Ready" (ammonia, D, S, Ti) class notation for its 300,000 dwt LNG-fueled very large crude carrier (VLCC) design.SHI has developed a fuel ready concept for a VLCC with dual fuel diesel/ammonia as a potential fuel combination after conversion from dual fuel diesel/LNG. "The AiP award confirms the general feasibility of the design. It was found that there are no showstoppers in realizing the DNV class notation “Fuel Ready” after examining the shipyard’s drawings.

02 Jul 2021

DNV Launches New Fuel Notations

(Photo: DNV)

Classification society DNV said its recently released updates to its rules for ship classification include a raft of new class notations designed to enable the maritime industry to tackle the decarbonization challenge. The new updates include “Fuel Ready”, a class notation that offers shipowners the option to prepare for a later conversion to multiple different alternative fuel options, and “Gas fueled ammonia” for ammonia fueled vessels.DNV’s annual report on the energy transition…

08 May 2020

Euronav Sells 2005-Built VLCC for $38M

TI Hellas - Credit: Euronav

Tanker operator has sold its 2005-built Very Large Crude Carrier (VLCC) TI Hellas for $38.1 million.Euronav, based in Belgium, said Friday that a capital gain of around $1.6 million will be recorded in the current quarter from the sale of the VLCC:"The vessel will be delivered to her new owners at the end of May after completion of the current voyage. Euronav considers regular fleet rejuvenation an important function of vessel management in providing quality services to our clients…

20 Jan 2020

Fincantieri Wins $111Mn ITER Contract

Italian shipbuilding company has been awarded an order worth almost 100 million euros (about 111 million U.S. dollars) to provide high-profile equipment as part of the International Thermonuclear Experimental Reactor (ITER) project to build a nuclear fusion reactor.The ITER Project is a multinational collaboration aimed at building an experimental hydrogen fusion reactor, first of its kind, and acknowledged as one of the most ambitious initiatives in the world in the field of sustainable energy.A temporary consortium has been established for the execution of these activities. It includes Fincantieri itself as the main contractor, its subsidiary Fincantieri SI…

13 Oct 2019

SHI Wins Two LNGCs Orders from MISC

South Korean shipbuilder Samsung Heavy Industries (SHI) announced that it had secured orders for two 174,000-cbm LNG carriers from MISC Berhad (MISC), a global provider of energy related maritime solutions and services.The 174,000 cbm LNG carriers were ordered under a KRW 485.3 billion (USD 406.2 million) deal, according to an SHI stock exchange announcement. The units are scheduled for delivery by the end of the first quarter of 2023.The LNG carriers will be used by ExxonMobil to transport its global LNG production, ti said.The vessels are fitted with a re-liquefaction system that is applied to the latest membrane cargo tank-type Mar III Flex PLUS to reduce boil-off gas and feature Selective Catalytic Reduction (SCR) and Ballast Water Treatment System (BWTS)…

12 Sep 2019

Hunter Join's World's First Scrubber VLCC Pool

Hunter Tankers, a subsidiary of Norwegian investment company Hunter Group, has selected Tankers International Ltd as commercial manager for its fleet of very large crude carriers (VLCCs).According to Oslo-based company, Tankers International, a chemical tanker company, would establish “the world’s first scrubber-fitted VLCC pool.”In addition to the Hunter vessels the pool will consist of vessels from Hartree Maritime Partners Ltd., International Seaways Inc., Oak Maritime (HK) Inc., and Ridgebury Tankers.The Scrubber Pool will consist exclusively of modern scrubber-fitted VLCCs operated and maintained to the highest standards and will, combined with TI’s existing VLCC pools, represent the largest VLCC fleet in the world with more than 70 VLCCs on a fully delivered basis.

29 Jul 2019

DNV GL Looks for Partners in LIDAR JIP

The international accredited registrar and classification society DNV GL calls on industry stakeholders to jointly develop acceptance criteria for LIDAR-measured Turbulence Intensity (TI).The world’s largest resource of independent energy experts said in a press note that it is "calling on wind energy stakeholders to join a new Joint Industry Project (JIP) to explore the potential of using light detection and ranging (LIDAR) to measure wind speed TI for various applications in the wind industry."According to the Norway-headquartered organization, measuring meteorological conditions such as wind speed and TI is essential for assessing and verifying the feasibility of new wind energy projects.

24 Jul 2019

Great Lakes Region Creates 132K+ Maritime Jobs

According to a new study conducted by PricewaterhouseCoopers (PwC) on behalf of Transportation Institute (TI), the Jones Act continues to fuel a strong maritime industry throughout the Great Lakes region, where the PwC report shows 123,670 Jones Act-related jobs – or 20% of the national total – are based.Between 2011 and 2016, maritime employment in the region increased by 25,400 jobs. Overall, the industry generates $30 billion of economic activity and $8.45 billion in worker income in the eight Great Lakes states.“With our Great Lakes and rich maritime history, it’s no surprise this industry is an important part of Michigan’s economy,” said Sen. Debbie Stabenow (D-MI).

21 May 2019

Washington Maritime Industry Worth $6.12bln

According to the findings of a new report conducted by PricewaterhouseCoopers (PwC) on behalf of Transportation Institute (TI), the domestic maritime industry in Washington ranks sixth among all American states for jobs and labor income relating to the Jones Act.The industry employs more than 22,500 individuals, produces $6.12 billion for the local economy, and generates more than $1.5 billion in worker income.Regionally, the same study shows that the domestic maritime industry employs over 37,590 individuals, supports $2.5 billion in worker income, and produces nearly $10 billion for the Pacific Northwest regional economy.Washington Senator Maria Cantwell joined business and government leaders from around the region at the Seattle Maritime Festival Breakfast…

14 Feb 2019

Inmarsat in IoT Start-Up Initiative

The provider of global mobile satellite communications Inmarsat has joined forces with two start-up programmes including Rainmaking’s Trade and Transport Impact (T&TI) and Bluetech Accelerator.The purpose is to create initiatives that directly support start-ups focused on IoT and big data innovation for improved safety, efficiency and sustainability in the maritime, ports and logistics supply chain.The programmes will fund, support and mentor start-up’s developing applications that aim to harness the power of IoT and big data to enhance safety, efficiency and sustainability. Inmarsat will collaborate with those start-ups to find a route to market via its global…

31 Dec 2018

Martime Propulsion: New Solutions Meet New Emission Demands

With a robust engine block designed for continuous-duty operation and long life, and a single cylinder head with four valves per cylinder, the Cummins X15 marine engine provides reduced fuel consumption without reduced performance. The X15, which can be used in both commercial and recreational marine applications, is available as a propulsion engine and as an auxiliary engine. (Photo: Cummins Inc.)

Marine propulsion manufacturers are not just responding to but are anticipating tighter performance demands from the U.S. EPA  and the IMO by introducing both new and upgraded systems based on state-of-the-art propulsion technologies. Tom Mulligan reviews the latest engine product launches.AIP for MAN cryo Liquid Hydrogen Fuel-Gas systemMAN Cryo, a subsidiary of MAN Energy Solutions, has developed a marine fuel-gas system for liquefied hydrogen in cooperation with Fjord1 and Multi Maritime 0f Norway.

14 Sep 2018

NASA Welding Technologies Could Revolutionize Workboat Fabrication


Figure 4.  Hexaganal CP Ti structure showing angled TSW welds. Photo: NASA

Solid-State Welding Processes Being Developed for NASA Manufacturing Programs Could Significantly Reduce Workboat Fabrication CostsWhether it is for a tug boat, cargo vessel, or an offshore supply ship, much of the workboat fabrication industry is located along the Southern Coast of the U.S. But a visit to any one of the workboat facilities in that area (or any other in the country) would reveal antiquated and archaic fabrication processes used seventy years ago. The workboat manufacturing process is very expensive, labor intensive, and has not really changed since World War II.

12 Jul 2018

Workboats & SUB M: July 20, 2018 & Beyond

© G/AdobeStock

The bottom line is 46 CFR Subchapter M is drastically changing the landscape of towing operations within the United States. Some impacts we have identified and other will come to light as time passes.As the Subchapter M compliance deadline approaches on July 20, 2018, I have had the chance to discuss these new laws and their impact with a variety of Assured’s with diverse backgrounds and widely varying commercial tug operations.From my experience, there is still a great deal of confusion regarding the compliance requirements relating to Sub Chapter M.

03 Apr 2018

TI Blames IMO’s Weak Governance on Climate Change Action

Weak governance at the International Maritime Organization (IMO) is delaying the shipping sector’s action on climate change, according to Transparency International. IMO is at risk of unresolved conflicts of interest due to shortcomings in its governance, according to preliminary key findings of a new study by Transparency International. Private shipping-industry concerns could have undue influence over the policymaking process at the IMO, concluded the anti-corruption organisation. This could undermine the UN agency’s ability to effectively regulate greenhouse gas (GHG) emissions from maritime trade. According to a report by the European Parliament, the shipping industry could contribute up to 17% of global CO2 emissions by 2050 if left unregulated.

28 Sep 2017

Statoil Charters ULCC to Hold Crude for Asia buyers

Oil storage is feasible with low freight rates, capital costs; backwardation pushes traders to churn oil faster from storage. Norway's Statoil ASA has chartered the last remaining Ultra-Large Crude Carrier (ULCC), the world's largest oil tankers, to store oil off of Malaysia for distribution in smaller parcels to its clients in Asia, company executives said. Statoil has booked the TI Europe, capable of carrying up to 3 million barrels of oil, more than the daily consumption of South Korea, to reduce the time it takes for customers to ship their crude, Stale Endre Berg, senior vice president of crude and refining at Statoil, told Reuters on the sidelines of the APPEC conference.

10 Aug 2017

Euronav Responses to a Weaker Tanker Market

The Belgium-based  crude oil tanker company Euronav has taken affirmative action in response to a weaker tanker background, said a press statement from the company. The Company has a strong balance sheet with low leverage and access to over USD 800 million of liquidity following its entry into the debt capital markets during Q2. High quality fixed income (the FSO vessels and 4 x 7 year Suezmax time charters) secured via strong relationships and with visibility to 2025 provides Euronav's stakeholders with additional security which will now be reflected in our upgraded return to shareholders policy. Euronav takes its responsibility as steward of capital seriously and management believes that possessing a strong yet flexible capital structure will be critical in the next 18-24 months.

05 Jun 2017

Recent Vessel Sales: May 2017

Vessel sales for May 2017 (as of June 1) as prepared by Shipping Intelligence, Inc., New York.

23 Feb 2017

Modus unveils Saab Sabretooth for cost effective survey, inspection

Modus Seabed Intervention has successfully completed trialling one of the subsea industry’s first commercially available hybrid unmanned underwater vehicles. It will be one of the first autonomous underwater vehicles (AUVs) to feature the capabilities and characteristics of a remotely operated vehicle (ROV). In partnership with Saab Dynamics, Modus has developed the Saab Sabretooth to offer greater endurance and speed, and is also developing advanced sensor payload packages and operating methodologies. The vehicle is expected to contribute to more cost-effective survey and inspection projects in the offshore, defence and oceanographic sectors. Following successful trials in Sweden and the UK, Modus is preparing the advanced spread for its first commercial deployment.

19 Aug 2016

Meercat Sells Third Workboat to Dawnfresh

(Photo: MEERCAT Workboats)

MEERCAT Workboats said it has sold a third workboat to Scottish aquaculture firm Dawnfresh. MC26, named Venetia, is an aquaculture specific workboat which will be delivered to Scotland in late August. Venetia is a 15m x 6m monohull workboat designed and principally engineered for aquaculture. The vessel is built to U.K. MCA workboat code of practice CAT 3. She displaces 44T and has a deck loading of 10Tm2. The vessel is powered by two Doosan L136 Ti 460Hp engines with a Beta-Marine 21kVA 50Hz generator. Her deck cargo capacity is 20T.