Maritime News

Greek shipowner Euroseas has entered into charter contract for its fuel efficient 1,800 TEU feeder container ship currently under construction, while securing funding for a sister ship planned for delivery later in 2024.The time charter contract is for M/V Monica for a minimum period of 10 to a maximum period of 12 months at the option of the charterer, at a gross daily rate of $16,000.The new charter will start upon delivery of the vessel from the shipyard expected around mid…

QatarEnergy has signed a long-term agreement with Qatar Gas Transport Company Limited (Nakilat), under which Nakilat will own and operate nine QC-Max class LNG vessels, the largest LNG vessels ever built.The nine QC-Max vessels, with a capacity of 271,000 cubic meters each, constitute half of the 18 advanced QC-Max class LNG vessels that will be constructed at China’s Hudong-Zhonghua Shipyard.To date, QatarEnergy’s fleet expansion program encompassed the execution of shipbuilding contracts and time charter agreements for 104 conventional LNG vessels and 18 QC-Max class LNG vessels…

CB&I, a wholly owned subsidiary of McDermott, has been awarded a significant contract by TotalEnergies and OQ joint venture for the engineering, procurement, construction (EPC) of a full containment concrete liquefied natural gas (LNG) storage tank, located in Oman's Port of Sohar.Under the contract, awarded by Marsa Liquefied Natural Gas, CB&I will provide turnkey EPC services for a 165,000m3 full containment concrete LNG storage tank and associated piping to grade.Project delivery will be executed in Oman…

French energy giant TotalEnergies and Oman National Oil Company (OQ) have reached the final investment decision (FID) on the Marsa LNG project, which will feature an LNG plant completely powered by renewable energy that will produce LNG for use as a marine fuel for maritime transportation.Through their joint company Marsa Liquefied Natural Gas (Marsa), TotalEnergies (80%) and OQ (20%) have launched the integrated Marsa LNG project which combines upstream gas production, downstream gas liquefaction…

Simulation-based training has its whole-of-ship/whole-of-team scenarios, but zooming in, the industry is now working on more specific targets.We have a close relationship with technology, evidenced by, for example, the phones we are estimated to unlock around 50-80 times a day. It has changed us. Half the people surveyed in a 2022 King’s College London study said that they feel like their attention span is shorter than it used to be. They are wrong, though, if they think that the average attention span of adults today is just eight seconds, one second less than goldfish.

At least 94 people died, including children, and 26 are missing after a ferry boat capsized off the northern coast of Mozambique, an official from the country's Maritime Transport Institute (INTRASMAR) said.The vessel was an overloaded fishing boat and was not licensed to transport people, Lourenco Machado, an administrator of INSTRASMAR, said on state television on Monday."On Sunday we registered a maritime incident where at least 94 people died when a barge carrying 130 people capsized.

ClassNK has issued a type approval certificate for the lithium-ion storage battery system ORCA Energy, developed by Corvus Energy.Following an application from Corvus Energy, ClassNK carried out an examination of ORCA Energy based on the rule and the ‘Guidance for the Approval and Type Approval of Materials and Equipment for Marine Use’.The guidance applies to tests and inspections of materials and equipment for marine use for which advance approval or type approval by ClassNK is required by the relevant requirements in its rules.Upon confirming it complies with the prescribed requirements…

Maritime services company Consulmar has performed a zero-emissions mooring service for a tanker, said to be the world’s first such operation.This operation took place at an offshore multiple buoy mooring site near the BP refinery, situated 2 miles from the Port of Castellón in Spain.Utilizing its electric line handling tug, CASTALIA, Consulmar towed the steel mooring lines from the vessel to each of the five mooring buoys, marking a significant advancement in the maritime industry towards more sustainable practices.The tanker vessel ARCHANGEL…

Italian classification and marine engineering consultancy RINA has issued an approval in principle (AiP) to Kindon New Energy Technology for its green methanol offshore production platform solution.Produced entirely offshore, the methanol is derived from renewable CO2 through DAC (Direct Air Capture) technology and green hydrogen from offshore wind power water electrolysis technology.The platform will produce 0.1 MTPA of green methanol via process that synthesizes methanol from…

RightShip, an ESG-focused digital maritime platform, has launched Zero Harm Innovation Partners program aimed at supporting the development and adoption of technologies dedicated to achieving a zero-harm maritime industry.According to RightShip, zero-harm maritime industry can be achieved by enabling enhanced collaboration and connection between shipowners and managers, and innovative technology providers.The program invites technology providers and innovators to showcase products on RightShip’s platform that contribute towards enabling a zero-harm maritime industry.Besides traction…

Japanese shipping major NYK Group has marked the start of construction of a test facility that will serve to assess the safety of biofuels and accelerate their practical application as marine fuels.NYK plans to complete the installation of the test engine in June and analyze the biofuel in combustion tests over the next three years.The test engine will be a reused generator from the tugboat Sakigake, which is currently being converted to an ammonia-fueled tug, according to NYK.NYK companies Boltech.

ClassNK has issued an Approval in Principle (AiP) for a maritime hydrogen fuel cell system developed by YANMAR Power Technology, marking the first AiP certification for a maritime hydrogen fuel cell system developed by a Japanese manufacturer.The 300kW maritime hydrogen fuel cell system, developed by Yanmar, is designed with key auxiliary components such as gas valve units integrated within the system enclosure, aimed to facilitate easy installation on ships.On top of that, the system allows for parallel connection of multiple units and adjustments to the number of hydrogen fuel cell modules,

When talk turns to autonomous ships, a first question always centers on how routine and emergency repair and maintenance will be conducted. Trey Taylor, Director of Digital Innovation, Fairbanks Morse Defense (FMD), discusses FMD’s research and development on next-gen engine room robotics.The FMD team that Trey Taylor leads is relatively new, kicking off in 2019 with a baseline product that was looking at monitoring equipment, “being able to provide that information back to our…

The Marcura Group Board has announced Stuart Gregory is taking the helm as CEO of MarTrust.MarTrust is set to undergo a renewed phase of development and expansion, the company said. Over the past years, under the leadership of Domenico Carlucci and with the support of the Marcura Board, MarTrust has become a prominent fintech entity, managing over $12 billion in payments annually.Gregory brings a wealth of fintech expertise, having been instrumental in building and scaling Wise Business through to its successful public listing in London.

At an award ceremony in Singapore this week, 60 MaritimeONE Scholarships and seven Tripartite Maritime Scholarships (TMSS) were presented, sponsored by 34 partners from industry, foundations, and unions.The number surpassed last year’s award of 54 scholarships by 27 partners. More companies have come onboard to support MaritimeONE Scholarships in recent years, reflecting the focus on talent development by Maritime Singapore. To date, 584 MaritimeONE Scholarships, with a sponsorship value of $16 million have been awarded since the program started in 2007.Besides maritime-related courses…

With a number of evolving maritime business opportunities intermixed with geo-political headwinds, VSM, which represents the interests of the German maritime industry as a whole, launched a campaign aimed at the federal government and the EU to understand and support the tremendous growth potential for all things maritime in Germany.According to a press notice from VSM, the tasks are enormous: economical and clean merchant ships, plants and ships for offshore renewable energy…

Given the remote nature of shipping, seafarers know that their life may sometimes depend on at-hand practical information readily available during the first crucial moments after an on board medical emergency arises. Medical guidance covering illness, injuries and other health issues needs to be readily available as a vital aid to saving lives, in fact, international regulations call for a medical guide to be carried on commercial ships that do not have a doctor on board, which…

The Poseidon Principles provide a platform for financing shipping’s sustainable future, but the technical guidance underpinning the initiative remains under scrutiny.In July 2023, the International Maritime Organization’s Maritime Environment Protection Committee (MEPC) will consider revising the UN agency’s strategy on greenhouse gas emissions from ships. Moving on from a current target to reduce CO2 emissions from ships by at least 50% by 2050, based on 2008 levels,  influential administrations seek to accelerate towards net-zero or even zero by 2050.

Helena Lennerstedt was appointed CEO of Humphree. She has a background in several leading positions in different companies in the Swedish industry, and for the last seven years whe has been Vice President Purchasing at Volvo Penta. She has a Master’s in engineering from Linköping University and has studied International Business.Lennerstedt succeeds Hannes Norrgren who has taken up the role of Senior Vice President for Business Unit Industrial at Volvo Penta. Lennerstedt will take up the new position in January 2023.

Empire Offshore Wind, a joint venture between Equinor and bp, awarded a contract to Maersk Supply Service for charter of its newbuild wind installation vessel (WIV). This vessel, together with US constructed barges and tugs built and operated by Kirby Offshore Wind, will be used for the installation of the project’s Vestas V236-15MW turbines.The newbuild offshore wind turbine installation vessel is planned to be ready for operation for Empire Wind I and II in the mid-2020s. Maersk…

Mako Industries signed an agreement with C-Innovation to mitigate the spread of Covid-19 on its offshore construction vessels, beginning with the 168-m Island Venture. Mako uses Puradigm to combat air and surface contaminants safely in populated environments 24/7, and it has capabilities for managing projects for existing facilities and new construction, with service recently made available for the oil and gas, healthcare, industrial, commercial and higher education markets.Click HERE to read related story on Mako Industries“We are pleased to have selected Mako’s Covid Mitigation system…

Dr. Anil Sharma is a wealth of knowledge on ship scrapping, having started GMS 25 years ago, getting into the business of buying and disposing of old U.S. MarAd and Russian navy ships as a sideline while teaching as a college professor in Maryland. Today his company is dominant in the field, and in the last year he has seen an unprecedented 70% run up on ship scrap prices, approaching $500 per ton. He weighs in on ship scrapping trends and direction.By Dr. Anil Sharma’s estimation…

A race is being run by nuclear scientists and ship designers. The prize? “Decarbonization’s” holy grail — believed to be a “small” thorium-fueled, molten-salt rector’s unlimited power to propel sea trade. At the same time, a recently revived discussion among leading marine-nuclear thinkers revolves now around how to put an ultra-modern, as-yet non-existent marine reactor aboard a modern commercial vessel. As with nuclear power generally, shipborne reactors produce national discussion first, then discovery.