Sea Machines Hires Trevor Vieweg for New CTO Position
Boston-based Sea Machines Robotics, a developer of autonomous command and control systems for commercial vessels, announced Monday that it has hired Trevor Vieweg as chief technology officer (CTO), reporting to the company’s CEO Michael G. Johnson. Effective earlier this month, this new position gives Vieweg responsibility for the company’s overarching technology strategy, as well as continuing to develop a high-performing team focused on the development of advanced marine technology.
Russian, Chinese Warships Hold First Joint Patrols in the Pacific
Russian and Chinese warships held their first joint patrols in the western Pacific Ocean over the past week, Russia's defense ministry said on Saturday, a move Japan said it was monitoring.Moscow and Beijing, which staged naval cooperation drills in the Sea of Japan earlier in October, have cultivated closer military and diplomatic ties in recent years at a time when their relations with the West have soured.The naval maneuvers…
Sumitomo Selects Light Structures Hull Monitoring for Aframax Tanker Pair
Light Structures AS and Japanese shipbuilder Sumitomo Heavy Industries Marine & Engineering (SHI-ME) entered into an agreement for delivery of comprehensive hull stress and fatigue monitoring systems on two newbuild 115,000 DWT Aframax crude oil tankers due for delivery in Q2 2023 and Q3 2023.Hull stress monitoring is usually the preserve of larger ships and platforms, or very specialized vessels,…
FSRU: Nakilat, Karpowership sign MoU
Nakilat and Karpowership signed a Memorandum of Understanding (MoU) to collaborate in the LNG-to-power market and jointly own and operate Floating Storage Regasification Units (FSRUs)."This fits very well with Nakilat’s long-term growth plan to expand and diversify our shipping portfolio and strengthens our position as a global leader in the energy transportation sector,” said Nakilat’s CEO Eng. Abdullah Al-Sulaiti.The MoU outlines an ambitious plan for the immediate future.
LNG Demand to Rise 25-50% By 2030 - Morgan Stanley
Demand for liquefied natural gas (LNG) is expected to rise by 25 to 50% by 2030, making it the fastest growing hydrocarbon over the next decade, analysts from Morgan Stanley Research said in a note on Monday.Morgan Stanley has raised its long-term LNG price outlook to $10 per million British thermal units (mmBtu), expecting spot prices of the super-chilled fuel to average 40% higher over the next decade…
Wallem Group Makes Interim CEO Pick Permanent
John-Kaare Aune has been appointed Chief Executive Officer at Wallem Group, effective October 1, 2021, after a successful term as Interim CEO.He joined Wallem in 2019 as Managing Director, Shipmanagement, andtook over as Group CEO on an interim basis in January 2021 following the resignation of Frank Coles.Before joining Wallem, he worked as Regional Director – Asia Pacific at the Cayman Registry, playing a key role in the growth of its global commercial activities.
Shipping Industry's GHG Emissions to Rise without Carbon Levy
The global shipping industry is on course to see its greenhouse gas emissions rise by around a fifth by 2050 if action including introducing a carbon levy on fuel is not taken, new research backed by industry leaders shows.With about 90% of world trade transported by sea, global shipping accounts for nearly 3% of the world's CO2 emissions and the sector is under growing scrutiny to become cleaner."The…
Model Testing Complete for Delta Offshore Energy's 3.2GW LNG-to-Power Project
Delta Offshore Energy (DOE), a company working to develop the 3200 MW Bac Lieu LNG-to-Power Project in Vietnam, has said that model testing of the LNG receiving terminal technology has been successfully completed.As previously reported DOE Delta Offshore Energy (DOE) in September 2020 signed a technology license agreement with Stena Power & LNG Solutions, under which Stena agreed to grant DOE a license…
Fire Breaks Out on Containership off British Columbia
A container fire that broke out on Saturday on a cargo ship carrying mining chemicals off British Columbia is smoldering and appears to be under control, Canadian Coast Guard officials said on Sunday.Sixteen crew members were evacuated from the MV Zim Kingston on Saturday, while five remained onboard to fight the fire.The ship is anchored several kilometers off the southern coast of Vancouver Island.
US Takes Step Toward Oil and Gas Auction Off Alaska Coast Next Year
The Biden administration on Friday took a procedural step towards holding an auction for oil and gas drilling rights in the Cook Inlet off the coast of Alaska next year.The move is the latest effort by the U.S. Department of Interior to comply with a court order to resume oil and gas lease sales that President Joe Biden paused shortly after taking office in January.The Department of Interior's Bureau…
'Containergeddon' Drives Sugar, Rice Shippers Back to Bulk Carriers
Food traders are switching from containers back to dry bulk vessels to transport refined sugar and rice, hoping to avoid shipping delays caused by container shortages and port congestion that the industry is calling "containergeddon", according to traders.Container-based transportation has been hit by sky-high costs and delays amid booming shipping demand, while container terminals at ports struggle to deal with the flow.Commodities such as refined sugar…
Marshall Takes the Helm as CEO of Ecochlor
Ecochlor’s Board of Directors (BOD) has appointed Andrew Marshall as its Chief Executive Officer (CEO), effective immediately, replacing Steve Candito.In making the announcement Ecochlor said that Candito will continue to support the company as a senior advisor to the Ecochlor BOD and leadership team. “When Andrew joined Ecochlor in 2019 as Vice President of Business Development he started the process…
Italian Bank Could Fund Novatek's Giant Arctic LNG 2 Project
Italy's biggest banking group Intesa Sanpaolo could help fund Novatek's Arctic LNG 2 project even as some European governments show lukewarm support for the giant Russian gas project."We are studying the dossier ... though no decision has as yet been taken," Antonio Fallico, chairman of group unit Banca Intesa Russia, told Reuters on Wednesday.Fallico said the bank had been invited to look at the financing deal by SACE…
Shell Expects Ida-hit Offshore Platform to Restart in November
Shell said on Friday it expects an offshore transfer facility, which was shut due to damage from Hurricane Ida, to be operational in the first half of November, restarting production of a popular Gulf of Mexico crude grade earlier than expected.The oil major was the hardest-hit producer from Ida, which tore through the Gulf of Mexico in August and removed 28 million barrels from the market.Shell previously said it expected its West Delta-143 offshore facility…
VIDEO: Jack-up Vessel Drops Turbine Blades Overboard at Vattenfall's Ormonde Offshore Wind Farm
MPI Offshore, an offshore installation service firm owned by Van Oord, last week accidentally dropped three wind turbine blades into the sea, while conducting scheduled…
Damen Delivers Two Multi Cats to Brabo in Antwerp
Antwerp-based Brabo Group has held a naming ceremony for a Multi Cat 1506 and a Multi Cat 1908 delivered by Damen Shipyards Group. The group’s cleaning division, Brabo Cleaning Company, has secured a contract with Port of Antwerp to maintain a pollution-free environment in the harbor.The naming ceremony took place at Brabo’s headquarters in Antwerp on October 21. The vessels were sponsored by Annick de Ridder and Yasmine Janssen.After securing the contract, Brabo required the vessels quickly.
Marine Coatings: Propspeed Targets Commercial Sector for Growth
Propspeed launched a new kit packaged specifically for the commercial marine trade professional. Rusty Morgan, VP of Sales & Operations, Americas, discusses with Maritime Reporter TV.New Zealand-based Propspeed, a maker of underwater foul-release coatings for 21 years, recently signaled its intention to enter full-force into the commercial maritime space with the launch of its first coatings kit packaged specifically for the commercial marine trade professional.
Wind Propulsion Conference Set for Webb Institute
What: Natural Propulsion in Ship DesignWhen: November 16, 2021Where: Webb Institute, Glen Cove, NY (broadcast live)Hosts: Webb Institute, Marin Institute, and Wind Support NYCA new conference on the use of natural propulsion in the global shipping industry will take place in New York on November 16, 2021, hosted by Webb Institute in Glen Cove, NY, and broadcast live.The conference aims to introduce…
ZIM Scoops Up Seven Secondhand Box Ships in October
Israeli container shipping company ZIM Integrated Shipping Services Ltd. said that during the month of October it purchased seven secondhand containerships amid continued high demand and vessel shortages.The vessels, purchased in a number of separate transactions, were built between 2007-2009 and include five 4,250 TEU vessels and two 1,100 TEU vessels, for a total consideration of approximately $320 million…
Bollinger Delivers USCGC John Scheuerman
Bollinger Shipyards has delivered the newest Sentinel-class Fast Response Cutter (FRC), the USCGC John Scheuerman, to the U.S. Coast Guard in Key West, Fla. nearly one week ahead of schedule despite a three week shutdown due to the significant damage sustained to Bollinger’s facilities during Hurricane Ida. The storm made landfall in late August near Port Fourchon, La. as a Category 4 storm. Bollinger’s facilities in Port Fourchon…
