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Friday, May 10, 2024
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09 May 2024

Mitsui Advances Big Engine Track Record

Mitsui E&S has announced that the group's total production of large marine engines in FY2023 was 155 units with a cumulative horsepower of 3.16 million. In FY2024, the group anticipates producing146 units with a cumullative horsepower of 3.04 million.Since forming a technical partnership with B&W (now MAN Energy Solutions) in 1926, Mitsui E&S has established a production track record as one of the world's top manufacturers.Mitsui E&S DU Co., Ltd., which was established as a Mitsui E&S Group company in April 2023…

07 May 2024

Grady Hurley Elected President of Maritime Law Association of the US

Grady Hurley (Photo: Jones Walker LLP)

Grady Hurley, a partner and co-leader of the maritime litigation, arbitration, and dispute resolution team at Jones Walker LLP, has been elected president of the Maritime Law Association of the United States (MLA) during the organization’s general meeting held in New York City on May 3, 2024.Hurley is the fourth president elected from New Orleans during the MLA’s 125-year history. He most recently served as the organization’s first vice president.“I am privileged to serve as the…

07 May 2024

Bean Tapped to Succeed Ian Gooch as London P&I Club CEO

James Bean will succeed Ian Gooch as London P&I Club CEO, subject to regulatory approval.
Credit: London P&I Club/James Bean

The London P&I Club said that Ian Gooch will be stepping down during the year from the role of CEO after 15 years as CEO and 21 years as a Director of A.Bilbrough & Co., the company that manages The London P&I Club.Subject to regulatory approval, Ian Gooch will be succeeded by James Bean, from NorthStandard P&I Club.A qualified Solicitor, Bean has worked within the marine insurance industry since 2005 and was appointed to the NorthStandard’s senior leadership team in February 2023. Prior to that he was the Group Managing Director at the Standard Club.

07 May 2024

Ripple and Marine Learning Systems Merge

© David / Adobe Stock

Maritime software brands Ripple and Marine Learning Systems are joining forces, coming together under a single brand focused on crew training and marine operations.The firms, both acquired by technology holding company Bleecker Street Group in 2023, have merged to become Ripple Operations.Post-merger, the new entity will provide human capital management, crew operations, training, learning and development solutions to maritime operators, supporting hundreds of thousands of mariners and operators across the ferry, cruise, offshore, fishery and tug, tow and barge industries.

06 May 2024

Taylor Smith Shipyard Partners with Nouum Engineering on Engine Overhauls

Willy van Niekerk, General Manager of TSS

South African Nouum Engineering, a provider of diesel engine services for marine, power, locomotive and generators globally, and Mauritius-based ship repair and conversion yard Taylor Smith Shipyard (TSS) have signed a cooperation agreement, expanding both companies’ commercial and operational scopes.As a part of the agreement, Nouum Engineering will be focusing on the repair and maintenance of marine engines and related equipment, such as turbochargers and automation systems, a growth market for Taylor Smith Shipyards.

06 May 2024

Maritime Partners, USCG Ink Design Basis Agreement for Innovative Hydrogen One Towboat

(Image: Maritime Partners)

The developer of an innovative towboat engineered to run on hydrogen generator technology has signed a Design Basis Agreement (DBA) with the U.S. Coast Guard, helping to clear the regulatory path toward the vessel's eventual entry into service.The first-of-its-kind vessel, Hydrogen One, is being produced by Maritime Partners, the Metairie, La.-based maritime financing company that unveiled plans for the groundbreaking towboat in 2021.Designed by Seattle-based Elliott Bay Design Group…

05 May 2024

Ship Recycling Activity Climbs in Week 18

Source: GMS

Activity across the Indian sub-continent ship recycling markets has been climbing on the back of recently witnessed agitations in the trading lanes, reports cash buyer GMS.“A growing number of Ship Owners are biting the recycling bullet and selling their overaged but still trading vessels. Containers have been the first segment to be squeezed out by this recent dip in freight rates as several units were (and continue to be) introduced for a recycling sale,” says GMS.Much of the miniscule supply of tonnage over recent quarters has been focused on the dry and container sectors…

05 May 2024

Esgian Week 18 Report: Confirmations, Terminations and Suspensions

© Arild / Adobe Stock

Esgian reports an eventful week with contract confirmations, terminations and suspensions in its Week 18 Rig Analytics Market Roundup.Report SummaryContractsBurullus Gas Company, the self-operated joint venture between Shell Egypt, the Egyptian Natural Gas Holding Company (EGAS), the Egyptian General Petroleum Corporation (EGPC) and Petronas, has agreed to move forward with the development of Phase 11 in Egypt's Nile Delta in the Mediterranean Sea.QatarEnergy has exercised a one-year option for Borr Drilling 400-ft jackup Groa…

01 May 2024

Norwegian's Q1 Revenue Miss Overshadows Raised Outlook

© Wangkun Jia / Adobe Stock

Shares of Norwegian Cruise Line Holdings fell more than 12% after the operator's downbeat first-quarter revenue overshadowed a raise in annual profit forecast on Wednesday.Expectations for cruise operators have generally become high after strong booking trends and demand drove up their results and shares last year.Shares of Norwegian and its rival Carnival have seen their growth temper from those highs, in part due to concerns around cost pressures and their brands' exposure to the Middle East conflict.Meanwhile…

01 May 2024

Dennis Tetzlaff Appointed COO Fleet at Stena Line

Dennis Tetzlaff courtesy of Stena Line.

Dennis Tetzlaff has been appointed Stena Line’s new Chief Operating Officer Fleet.Tetzlaff enters his new role with a wealth of experience, having worked in various professions within the shipping and cruise industry over the past two decades. Most recently, he comes from TUI Cruises, where he served as the Vice President Fleet Operations & Newbuild.Tetzlaff has a degree in nautical science and maritime transport from the University of Applied Sciences in Emden/Leer, Germany, but his career at sea already started at age 20…

30 Apr 2024

Carbon Clean Starts CCS Module Construction for FlagshipONE

Source: Carbon Clean

Carbon Clean has achieved a fabrication milestone on Ørsted’s FlagshipONE project, Europe’s largest commercial-scale e-methanol facility under construction. The first equipment has been mounted on the structural steel of the first module, marking the start of the module assembly process.Once operational, Carbon Clean’s technology will be capable of capturing 70,000 tonnes of biogenic CO2 per year for Ørsted’s facility in Örnsköldsvik, Sweden.Carbon Clean’s CaptureX semi-modular technology for this project is being fabricated at Schwartz Hautmont’s site at the Port of Tarragona in Vila-seca…

30 Apr 2024

Kongsberg to Supply Hybrid Electrical Systems for Matson's New Box Ships

(Image: Matson)

Matson Navigation Company’s new liquefied natural gas (LNG)-powered containerships will feature a comprehensive range of integrated technologies from Kongsberg Maritime to optimize energy use and reduce emissions.The Norwegian company announced Tuesday that it will supply hybrid electrical systems, controlled and operated by its Energy Management System, for a series of three 3,600 TEU vessels that are being built by Philly Shipyard for the U.S.-based shipowner. The Kongsberg Maritime scope of supply includes a Shaft Generator System…

30 Apr 2024

All American Marine Delivers Hydrofoil-Assisted Tour Vessel to Phillips Glaciers

(Photo: All American Marine)

Bellingham, Wash. shipbuilder All American Marine (AAM) has delivered a new high-speed and long-range eco-tour vessel to Phillips Cruises and Tours. The vessel will operate daily in Prince William Sound and will be based out of Whittier, AlaskaDeveloped by Nic de Waal of Teknicraft Design in Auckland, New Zealand, the Chugach Express boasts an 84.5’ x 30.7’ semi-displacement aluminum catamaran hull.The new sightseeing vessel integrates the signature Teknicraft Design symmetrical and asymmetrical combined hull shape, bow wave piercer, and a patented hydrofoil-assisted hull design.

29 Apr 2024

IMO Finalizes Guidelines on Fair Treatment of Seafarers

Source: IMO

The IMO's Legal Committee met in person for its 111th session at IMO Headquarters in London from April 22 to 26 April 2024, and finalized guidelines on the fair treatment of seafarers detained on suspicion of committing crimes.These are to be applied where seafarers may be detained in a jurisdiction other than that of the seafarers' nationality on suspicion of committing crimes during the course of their employment on board a ship.The objective is to ensure that seafarers are treated fairly during any investigation and detention by public authorities…

29 Apr 2024

Concerns Voiced over Potential Restart of New Zealand’s Live Export Industry

Source: SPCA.NZ

The New Zealand government may restart the live export trade which has been banned since May 1, 2023.The ban was imposed in response to veterinarians, animal welfare advocates and the New Zealand public decrying conditions and outcomes for the animals. There have also been multiple disasters for the industry.Animal welfare group SPCA says politicians claiming to be champions of farming and business do not have the support of all farmers or a business case for it.“Government would have the public believe that any opposition to their plan is anti-farming…

29 Apr 2024

McAllister Chooses Markey Winches for Newest ASD Tug

FILE PHOTO: Grace McAllister (Photo: McAllister Towing)

McAllister Towing recently ordered a Markey Machine winch and capstan for the fourth ASD tug of a class-build series being constructed at Washburn & Doughty Associates.Markey is providing a DEPCF-52-75 Class II bow hawser winch, which includes the Markey Render/RecoverⓇ system, a line-display screen and a stainless-steel brake drum. A two-speed CEW-60 electric capstan is also included.“Markey is consistently reliable, a great vendor to work with, and steady. We really wanted electric winches with infinitely-variable speed…

28 Apr 2024

Esgian Week 17 Report: New Contracts for the North Sea

© nattapon7 / Adobe Stock

Esgian reports that new drilling contracts have been announced in the North Sea and West Africa in its Week 17 Rig Analytics Market Roundup.Report SummaryContractsShelf Drilling (North Sea) has secured a letter of award with an unnamed operator, believed to be TotalEnergies, for the 400-ft jackup Shelf Drilling Fortress for a campaign in the North Sea.Noble 12,000-ft 7th generation drillship Noble Venturer has secured new contracts in West Africa with Trident Energy and Rhino Resources…

29 Apr 2024

SOVs – Analyzing Current, Future Demand Drivers

Norwind Offshore service operation vessel ‘Norwind Breeze’ in the port of Emden
Copyright Björn Wylezich/AdobeStock

At a high-level, there are three solutions to transferring technicians from shore bases to offshore wind farms for construction and O&M activities: crew transfer vessel (CTV), helicopter, and SOVs/CSOVs.SOVs and CSOVs generally house 60-120 technicians offshore for a few weeks at a time, allowing them to transfer to structures on integrated heave compensated gangways, by daughter craft or on CTVs. The vessels are also equipped with cranes, storage, and small workshop areas.SOV: Service operations vessels…

25 Apr 2024

Dry Bulk Supply/Demand Balance Predicted to Strengthen

© alexmina / Adobe Stock

BIMCO has released its Dry Bulk Shipping Market Overview & Outlook for April 2024, predicting that the supply/demand balance should strengthen in 2024, but weaken in 2025.This would be the result of ships returning to the Red Sea and Panama Canal, shortening sailing distances.Supply is forecast to grow 2.5% in 2024 and 2.0% in 2025. Growth is slowing due to lower deliveries, reports, Niels Rasmussen, BIMCO’s Chief Shipping Analyst.The fleet is expected to grow 4.9% between end 2023 and end 2025, the slowest it has grown since 2016. Ship recycling is expected to stay low.

26 Apr 2024

Skanska Set for South Brooklyn Marine Terminal Buildout

SBMT Rendering (Credit: Equinor)

Sweden-based construction and development company Skanska has signed the final contract award, worth $612 million, for the upgrade of the South Brooklyn Marine Terminal (SBMT) in New York, which will serve as an offshore wind hub.The project will transform the SBMT into one of the largest dedicated offshore wind ports in the United States and support Empire Wind offshore wind project, which is currently being developed by Equinor off New York.The award will facilitate the demolition of existing buildings…

26 Apr 2024

WE Tech Tapped for Eight Contanerships

Image courtesy WE Tech

WE Tech Solutions Oy was contracted by Mitsui & Co., Ltd. to deliver variable speed shaft generators for eight large container vessels built at Japanese shipyards.The eight shipsincluding four 5,800 TEU methanol dual fuel container vessels built at Tsuneishi Shipbuilding Ltd., are ordered and to be owned by Japanese controlled shipowners and to be time chartered to A.P. Møller-Mærsk A/S.

25 Apr 2024

New Cranes & Offshore Wind Efficiency

NOV is upgrading the cranes on Cadeler’s existing O-class WTIVs. Image courtesy of Cadeler.

The end may be in sight, but the race for bigger cranes is still having an impact on offshore wind project efficiency.The industry has already felt the need for upgrading crane lifting capacity on existing offshore wind installation vessels: NOV is upgrading the cranes on Cadeler’s existing O-class wind turbine installation vessels (WTIVs), and a gantry crane extension will soon make Van Oord’s Svanen one of the largest floating heavy-lift installation vessels.It’s a newbuild phenomenon too. NOV has developed a telescoping leg encircling crane for Shimizu’s GustoMSC-designed WTIV Blue Wind.

25 Apr 2024

US Navy Announces First Mine Countermeasures Mission Package Embarked on USS Canberra

(Photo: U.S. Navy)

The U.S. Navy embarked the first Mine Countermeasures Mission Package (MCM MP) aboard USS Canberra (LCS 30), April 18, service officials announced. With the MCM mission package now onboard LCS 30, the Navy anticipates the first MCM Mission Package deployment in Fiscal Year 2025.As part of the embark process, the Navy installed sensors, unmanned vehicles, support containers and the software that enables Sailors to execute MCM operations from an Independence-variant Littoral Combat Ship.