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Alfa Laval Debuts Biofuel-ready Separator
Biofuels are a current and accessible fuel option that can help maritime decarbonize, and Alfa Laval becomes the first to offer biofuel-optimized separators and separator upgrades.Biofuels like HVO (hydrotreated vegetable oil) and FAME (fatty acid methyl ester) can be used by diesel engines without major engine modifications. They can be a carbon-neutral alternative if produced from the right biomass…
Insolvency at European Storage Terminal Supports Tank Storage Rates
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…
Interview: Tim M. Clerc, VP Engineering, Seacor Marine
Tim Clerc’s maritime career spans half a century, starting with his cadet training in 1969 in the U.K. He sees hybrid technology as one of the most transformational technological developments in maritime in that span, and the company is currently awaiting its 10th hybrid, the Seacor Yangtze. Clerc discusses the hybrid strategy and offers some practical insights.If you had to pick one technology that you think has made the business of running ships more efficient…
Allianz: Top 5 Risks in Marine & Shipping
Allianz, a global commercial insurer, just released its 2023 Risk Barometer, which shows how 2,712 risk management experts from 94 countries ranked the top corporate risks. While the report offers insights on perceived global business risks in general, it also offers insights by industry sector. MarineLink's readers will be interested to see what's most important in "Marine and Shipping" in 2023, as shared by Allianz.
Mainprize Offshore Equips Fleet with Reygar's Vessel Monitoring System
Mainprize Offshore, an offshore services company, is installing Reygar's BareFLEET vessel monitoring system on seven of its semi-SWATH crew transfer vessels (CTVs)…
Container Shipping Turmoil Spills Over Into 2023, says Xeneta's Sand
As container shipping demand continues to fall into the New Year, Xeneta Chief Analyst Peter Sand weigh in with his insights on the pace and direction of spot and contract rates; the likelihood of ship lay-ups and scrapping in 2023; plus the impact that West Coast port labor strife will have on the industry as a whole, as the East Coast U.S. emerges as the dominant player.To start us off, what do you…
Stolt Tankers’ Schroeder Named Director at ITOPF
Stolt Tankers’ Managing Director, Maren Schroeder has joined the board of ITOPF Limited, a not-for-profit organization specializing in preparedness for and response to accidental marine spills.“I am pleased to be able to contribute to this very important area in my new role as director at ITOPF,” said Schroeder, who will fulfil her ITOPF duties alongside her role at Stolt Tankers. “Sharing insights…
Vestas, N-O-S to Deploy World's First Methanol-powered Crew Transfer Vessel at German Wind Farm
Offshore wind turbine maker Vestas and offshore vessel owner Northern Offshore Services (N-O-S) have partnered up to deploy the world’s first methanol-powered offshore crew transfer vessel to drive down emissions from offshore wind service operations.Vestas has signed a five-year charter to explore how the world’s first methanol-powered crew transfer vessel (CTV) can help reduce carbon emissions from its offshore service operations.
Data Processes 4x Faster: How Ulstein Does It
How do you excel at ship design? Bart Daman, Manager Naval Architecture at Ulstein Design & Solutions BV in Rotterdam, has an answer: "In our case, by combining specialist knowledge and expertise focused on certain niche markets with data-driven work. This allows us to quickly develop new high-quality ship designs. Our customers experience the difference, and we often hear that they are impressed by the quality of the information we provide.
ABS Launches Maritime Software Firm ABS Wavesight
As digitalization in the maritime sector gains speed, the American Bureau of Shipping (ABS) has launched a new maritime software as a service (SaaS) company called ABS Wavesight, to effectively consolidate all digital products under one roof, offering ship owners a one-stop-shop for it’s A-to-Z digital solutions.In an interview with Maritime Reporter's Greg Trauthwein, Paul Sells, the CEO and the president…
Inmarsat to Roll Out IoT Solution to More than 60 Zamil Offshore Vessels
Inmarsat, a mobile satellite communications services provider, will roll out an Internet-of-Things (IoT) solution to more than 60 of Saudi-based Zamil Offshore's vessels in the Gulf area.The solution - powered by Fleet Connect and Fleet Data delivered through Inmarsat’s Fleet Xpress - will allow Zamil to identify, trial and select the best solutions to meet vessel performance expectations set by its charterer, Saudi Aramco.
Fujairah Bunker Sales Slide 2% in October
Marine fuel sales at the United Arab Emirates' Fujairah, the world's third-largest bunkering hub, slid 2% month-on-month in October as demand slowed.Total sales volumes at Fujairah, excluding lubricants, were at 655,126 cubic metres (about 627,000 tonnes) in October, showed latest data from the Fujairah Oil Industry Zone published by industry information service S&P Global Commodity Insights.The decline was led by a fall in low-sulphur bunker fuel sales…
Offshore Wind: Fugro Wins Geotechnical Survey Gig in Denmark
Dutch offshore survey services firm Fugro has secured a contract with the Danish grid operator Energinet for geotechnical site investigations for the North Sea I offshore wind development.The Danish government plans to expand offshore wind capacity by 4GW by 2030, and the geodata acquired by Fugro will be used to inform future bids in the area. "This award follows Fugro’s success working on the North Sea Energy Islands project for Energinet throughout 2022…
Alternative Fuels, Newbuilds and Retrofits are Key to Marine Industry Growth
The global marine vessel market is projected to grow from $170.75 billion in 2021 to $188.57 billion in 2028 at a CAGR of 1.43%, according to research from Fortune Business Insights.From transportation vessels to workboats to marine construction ships, companies want to grow their business, stay current with new technologies, gain a competitive edge and be good stewards of our environment.Current marine market trends include adoption of alternative fuels…
Callais Joins Conrad Board of Directors
Conrad Industries Announces Appointment of Larry J. Callais to its Board of DirectorsMorgan City, La. based shipbuilding group Conrad Industries, Inc. announced on Firday that it has appointed Larry J. Callais to its Board of Directors. Callais will serve as an independent Class I director, and as a member of the company’s Independent Directors Committee, effective immediately.Johnny Conrad, Conrad Chairman and Chief Executive Officer, said, “We are pleased to welcome Larry Callais to our Board.
Maritime Risk Symposium: Full Program Released
The 2022 Maritime Risk Symposium (MRS), scheduled to be held Nov. 15-17, 2022, hosted by Argonne National Laboratory at the Argonne campus in Lemont, Illinois, recently unveiled the full conference program, packed with experts with insights on the challenges facing the inland waterway systems.Click here to read the fulll program for MRS 2022MRS is an annual international event focused on risks involving the global maritime transportation system (MTS). For the MRS, the U.S.
Christiania Shipping inks deal for StormGeo CII Simulator
Denmark's Christiania Shipping, which operates 20 vessels, added StormGeo’s CII Simulator to its fleet performance management toolbox earlier this year. “With the…
SAYFR, MSI ink MOU to collaborate on Safety Culture, Loss Prevention
SAYFR entered into an MoU with Japanese underwriter Mitsui Sumitomo Insurance (MSI) aimed at reducing risks of major incidents through building safety culture maturity in the maritime and offshore energy sectors. SAYFR has worked with MSI on several joint initiatives in the last two years. MSI is one of the world’s largest insurers and holds the biggest market position in the Japanese marine hull insurance…
Teekay Names Speers EVP & CFO
Teekay Corporation announced Vince Lok’s retirement as Teekay’s Executive Vice President and Chief Financial Officer effective January 1, 2023, after nearly 30 years with the company, including the past 16 years as Teekay’s Group CFO.Upon Lok’s retirement, Brody Speers, Vice President, Finance & Treasurer, will be assuming Lok’s responsibilities, along with continuing to oversee Teekay’s Finance, Accounting and Tax teams.
Floating on Bubbles: Carnival Corp expands use of Air Lubrication to cut Emissions
As the ship owners globally experiment with technologies to help incrementally cut emissions to meet stringent new IMO mandates, news out of south Florida indicates that Carnival Corporation, the world's largest cruise company, has made plans to expand the installation and use of Air Lubrication Systems (ALS) to a majority of the cruise line brands in its fleet through 2027; a move the cruise major…