Industry News

Meyer Turku Group's results for 2023 indicate the company's turnover was 1.43 billion euros, which means a growth of 10.6% compared to the previous year.Both the turnover and the number of personnel have been growing for three consecutive years. The loss for the financial year 2023 was 103.8 MEUR (i.e. -7.2% of the turnover).The fiscal year 2023 of the shipyard company was affected by the ship deals that were closed before the covid pandemic, the new prototype ship project and the loss provision for the ship to be delivered in 2024.Beyond that…

The White House has nominated Matt Kaplan to serve as the first federal co-chair of the Great Lakes Authority (GLA).The GLA was authorized by Congress in 2022 and will be governed by a nine-member board, with one member appointed by the President, and one appointed by each of the Governors of the eight Great Lakes states. The new federal agency will promote regional economic development. Earlier this year, Congress appropriated $5 million to begin the process of standing up the organization.

As Big Oil returns this week to the industry's annual showcase for offshore energy projects and equipment in Houston, deepwater discoveries off Guyana, Namibia and the U.S. Gulf Coast will take the spotlight.Offshore exploration had dimmed after the U.S. shale boom ushered in new and cheaper-to-tap supplies of oil, and as past offshore cost overruns pushed deepwater projects onto the industry's backburner.Newer deepwater projects have the attributes oil and gas companies are looking for: longer-term production…

Maryland said on Thursday it estimates it will cost $1.7 billion to $1.9 billion to rebuild a collapsed Baltimore bridge and anticipates it will be completed by fall 2028.The Maryland Department of Transportation said the state's "planning level cost estimate is between $1.7 billion and $1.9 billion" which "is in line with similar projects of this scale and complexity."The Dali cargo ship crashed into the Francis Scott Key Bridge on March 26, killing six people. Lawmakers in Congress…

In the heart of maritime excellence in Oslo, Norway, the stage is set for the Nordic Maritime Forum 2024 to bring together industry leaders, ranging from shipowners, ship managers, ports, regulators, and classification societies to technology companies and suppliers, for two days of dynamic discourse and collaboration. With dates fixed for June 18th and 19th, this eagerly anticipated event will serve as a foundational platform for delving into the key themes shaping the maritime…

New Orleans-based marine towage provider Crescent Towing announced it has taken delivery of its newest tugboat, Angus R. Cooper II.The new escort tug was constructed at Blakeley BoatWorks in Mobile, Ala., to be added to Crescent's ship assist operations in the Port of Savannah, Georgia. It is powered by twin Caterpillar 3516E EPA Tier 4 engines, each producing 3,004HP to power Kongsberg 255 fixed pitch azimuthing drives (z-drives).This vessel is named in recognition of The Cooper Group’s longtime Chairman and CEO.

Norway-based Höegh LNG has made an agreement with Australian Industrial Energy (AIE) and Egyptian Natural Gas Holding Company (EGAS) for the deployment of the floating storage and regasification unit (FSRU) Hoegh Galleon. The aim of the deployment is to support energy security in Egypt, Höegh LNG said.Hoegh Galleon will be located in Ain Sokhna in Red Sea for a likely period of 19-20 months, after which it is expected to be deployed to AIE’s LNG terminal currently under construction at Port Kembla, Australia.

The CIMAC Digitalization Strategy Group has published a new Position Paper titled: On enabling the implementation of a ship-wide data ecosystem. CIMAC is a global non-profit association promoting the development of ship propulsion, train drive and power generationThe position paper aims to identify ways in which the potential of digitalization can be fully exploited for process optimization, develops a vision, and provides recommendations.“The full technical potential of highly integrated…

Maryland said on Thursday it estimates it will cost $1.7 billion to $1.9 billion to rebuild a collapsed Baltimore bridge and anticipates it will be completed by fall 2028.The Maryland Department of Transportation said the state's "planning level cost estimate is between $1.7 billion and $1.9 billion" which "is in line with similar projects of this scale and complexity."The Dali cargo ship crashed into the Francis Scott Key Bridge on March 26, killing six people. Lawmakers in Congress…

A mother and son will have to pay more than £2,000 for obstructing the work of the U.K.'s Maritime and Coastguard Agency (MCA).On March 3, 2022, Rhys Wonnacott, of Milford Haven, prevented MCA surveyors boarding the fishing vessel Provider, moored at Milford Haven Harbour. Because of this, surveyors were unable to complete an inspection of the vessel, as part of a Fishing Vessel Concentrated Inspection Campaign that was taking place that day.Obstructing an MCA surveyor from their duties is against the law…

engines, inc., a Jonesboro, Ark. based distributor of diesel engines and generator sets, has hired David Hughes as its new managing director. Hughes is an industry veteran with expertise in marine diesel product management, having most recently served as sales manager for marine products at Scania USA. He has also held leadership positions at distributors such as Superior Diesel and Hamilton Power Solutions."I'm excited for the opportunity to join the team at engines, inc. They've been a successful and well-respected engine distributor and supplier to the marine market since 1979…

A formal naming ceremony was held at the CSSC Huangpu Wenchong Shipbuilding Company in the Chinese province of Quanzhou on April 26 for AAL Shipping’s new heavy lift vessel, AAL Limassol.Due to sail on her maiden voyage from China into Europe, the 32,000 deadweight AAL Limassol is set to carry a full weather deck of project heavy lift cargo, including two 135-meter-long barges, weighing 1,650 tonnes and fifteen 80.5-meter-long wind blades. The newbuild will sail under the Cyprus flag.Kyriacos Panayides…

In 2018, convicted cocaine trafficker Slobodan Kostovski fled a Brazilian prison and made his way back to Europe with a fake passport.The Serbian senior quickly fell into old habits, police allege. Last August, Kostovski was arrested in Belgrade, accused of shipping 2.7 metric tonnes of cocaine from Brazil aboard a 22-meter vessel apprehended near Spain’s Canary Islands.Nicknamed “the General” by his associates, he had been trafficking “large amounts” of powder to “Europe for a long period of time,” Serbian police wrote in a 2022 intelligence report obtained exclusively by Reuters.

At the Maritime Risk Symposium 2024, scheduled for June 11-13 at Naval Postgraduate School, Monterey, CA, RADM Matt Bell, USCG (Ret.) facilitates a panel entitled: Multi-Service and Maritime Industry Collaboration in the Arctic, to better understand how the changing dynamics in the Arctic region will necessitate increased collaboration between the maritime services and industry to mitigate the risks of Arctic maritime operations. Joining RADM Bell on the panel are:RADM Megan Dean, Commander, U.S.

Kongsberg Digital concluded a new project funded by FHF (the Norwegian Seafood Research Fund) for the development of its K-Sim Fishery simulator to incorporate a new purse seine application. The new simulator capabilities were demonstrated to the stakeholders at an event hosted by Nordland Vocational School (Lofoten Maritime) in Leknes, Norway on April 30th.Launched in 2018, K-Sim Fishery is a fishery simulator that introduces a whole new level of detail, authenticity, and content for crew training in the techniques and processes of trawl fishing.

Norwegian power solutions supplier Bergen Engines has been selected to provide four generating sets to support the world’s largest hydrogen ferries, operating on Norway’s longest ferry connection from Bodø to Lofoten.The C25:33L8A generating sets will be fueled by low carbon Hydrotreated Vegetable Oil (HVO) and will serve as support power to the hydrogen fuel cells onboard, which act as the vessel’s main propulsion power.Scheduled for delivery in 2026, these new ferries will be…

The U.S. House Homeland Security Subcommittee on Transportation and Maritime Security will hold a hearing to discuss delays in the U.S. Coast Guard’s (USCG) shipbuilding and acquisitions programs.The hearing, announced by the subcommittee's chairman, Rep. Carlos Gimenez (R-Fla.) on Wednesday, will take place on May 7. It will examine the USCG's shipbuilding and acquisitions process, the state of efforts to modernize the service’s fleet and ways in which the Department of Homeland Security (DHS) can facilitate faster turnaround times for USCG acquisitions programs…

Sunil Krishnakumar, Senior Technical Manager at the International Chamber of Shipping, provides his key insights on the newly released Engine Room Procedures Guide, Second Edition, by ICS.The shipping industry has embarked on a transformative journey, actively working towards a sustainable future and a safer environment. With a strong commitment to reducing greenhouse gas emissions, the industry is actively seeking the uptake and safe use of new low-GHG technologies and alternatives…

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…

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…

The U.S. Navy's Submarine Industrial Base (SIB) program launched the Southern California Talent Pipeline Program in Newport Beach, Calif., April 26. The program will engage hundreds of shipbuilding and ship sustainment suppliers across the region to create maritime-focused manufacturing pipelines that revitalize the defense workforce by addressing critical skill gaps."The strength of the talent pipeline is as vital as any capability of a submarine," said Program Executive Officer Undersea Warfare Systems Rear Adm. Todd Weeks and executive sponsor, Southern California Talent Pipeline Project.

The Biden administration on Tuesday unveiled a plan to sell offshore wind leases in waters off the coasts of Maine and Oregon later this year, saying projects in those regions could one day power a total of 6 million homes.The proposed sales are part of a five-year schedule of offshore wind auctions the Interior Department outlined last week. Putting wind turbines along every U.S. coastline is a cornerstone of President Joe Biden's agenda to decarbonize the electricity grid and combat climate change.In a statement…

Enterprise Products Partners on Tuesday said it expects to have two contracts for its proposed deepwater oil export terminal by May 31 and reach a final investment decision before year-end.Enterprise's ambitious Sea Port Oil Terminal (SPOT), proposed off for a site off the coast of Texas, would be able to load two supertankers at a single time. It received a key government license this month, but is yet to sign any commercial customers.The cost of the project has soared to about $3 billion…