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Monday, May 6, 2024
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Aim News

05 May 2024

Saudi Red Sea Authority and NEOM Sign Tourism MoU

Source: SRSA

Saudi Red Sea Authority (SRSA) has signed a memorandum of understanding (MoU) with NEOM to collaborate on the development of legislation, regulations and technology in marine tourism.The partnership will facilitate the sharing of expertise with the aim of delivering innovation and improving the visitor experience for tourists in Saudi Arabia’s existing, emerging and future Red Sea coastal destinations.NEOM is a region in northwest Saudi Arabia on the Red Sea being built from the ground up as a living laboratory.

03 May 2024

Höegh LNG Strikes Deal to Deploy FSRU Hoegh Galleon in Egypt

Hoegh Galleon FSRU (Credit: Höegh LNG)

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.

01 May 2024

US Issues Hundreds of Sanctions Targeting Russia, Takes Aim at Chinese Companies

© ezumer / Adobe Stock

The United States on Wednesday issued hundreds of fresh sanctions targeting Russia over the war in Ukraine in action that took aim at Moscow's circumvention of Western measures, including through China.The U.S. Treasury Department imposed sanctions on nearly 200 targets and the State Department designated more than 80 in one of the most wide-ranging actions against Chinese companies so far in Washington's sanctions aimed at Russia.The U.S. imposed sanctions on 20 companies based in China and Hong Kong…

29 Apr 2024

Indian Register of Shipping Partners with MARIN

Source: IRS

The Indian Register of Shipping (IRS) has signed a Memorandum of Understanding (MoU) with the Maritime Research Institute Netherlands (MARIN) for collaboration on hydrodynamic studies and model testing on ongoing new construction projects.The MoU provides for expanding this collaboration to all future projects classed by IRS for Indian shipyards.MARIN will contribute to the partnership by sharing scientific knowledge and providing hydrodynamic research services to IRS and its clients on a project-by-project basis.

29 Apr 2024

Dales Marine Launches 2024 Apprenticeship Program

(Photo: Dales Marine)

Dales Marine Services Ltd and Dales Marine Services (Greenock) Ltd (Dales Marine) are accepting applications for their apprenticeship program, with the aim to foster talent within the ship repair and marine industry.Dales Marine currently has 33 apprentices undergoing training across its dry dock sites and is this year offering 12 new apprenticeship positions in mechanical engineering, steelwork and fabrication at its Aberdeen, Leith and Greenock facilities.The four-year apprenticeship program entails two years of training…

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…

26 Apr 2024

Situational Awareness System Battles Cognitive Fatigue in Watchkeepers

Image courtesy Groke Technologies

Today’s evolving maritime security risks pose all-too-familiar threats to international shipping, and as just one of the many causes of fatigue, they add to the cognitive burden already faced by watchkeepers. But Groke Technologies can boost safety onboard, says co-founder and CEO Juha Rokka.Life at sea is already physically and mentally demanding. Crewing levels are tight, work hours are long and irregular, watchkeepers are required to perform administrative tasks while on the bridge…

25 Apr 2024

Russia Reinsurer Backs Firms to get India Marine Insurance Permit

By Maksym Yemelyanov

Russia's state-owned reinsurer has given financial backing to three Russian insurance firms, allowing them to get Indian approval to provide marine insurance cover to tankers, two sources said, as Moscow seeks to facilitate trade with India amid Western sanctions.A raft of sanctions by the U.S. and allies against Moscow over its Ukraine invasion, along with tighter scrutiny of Russian oil trade, has almost cut Russia off from the global network of service providers such as insurers and brokers.Russian companies Sogaz Insurance…

22 Apr 2024

NOIA Appoints New Executives

© Cavan / Adobe Stock

The National Ocean Industries Association (NOIA) has appointed and approved the 2024-2025 term of the NOIA Board of Directors and Executive Committee. Jon Landes, President, Subsea of TechnipFMC has been elected as the NOIA Chair and Joe Leimkuhler, Chief Operating Officer of Beacon Offshore Energy, as the incoming NOIA Vice Chair.NOIA President Erik Milito said, “We are at a critical juncture where it's imperative to ensure that energy policy from Washington, D.C. does not hinder American energy production.

09 Apr 2024

Bourbon Orders Six Crewboats from Piriou

(Image: Bourbon)

Bourbon Mobility on Tuesday announced it has ordered six new crewboats from shipbuilder PIRIOU for scheduled delivery in 2025.These new Surfer-type vessels will enhance the fleet operating in West Africa, offering customers a balance between modularity, comfort and energy efficiency, Bourbon said, noting the newbuilds aim to reduce fuel consumption by 20%.With a length of 27 meters and a maximum speed of 30 kts, these Surfers will be able to carry between 50 and 70 passengers…

08 Apr 2024

Eco Marine Power and Nakashima Propeller Cooperate on Composites

Source: Eco Marine Power

As part of its ongoing Aquarius Eco Ship Project, Eco Marine Power and Nakashima Propeller will explore the further use of carbo-fiber reinforced plastic (CFRP) and glass-fiber reinforced plastic (GFRP) for ship structures and other maritime applications.Eco Marine Power will also investigate the use of CFRP propellers to improve energy efficiency and reduce underwater noise created by ship propulsion systems.CFRP & GFRP are composite materials that can offer a versatile and efficient solution for a range of ship structures by providing a balance of strength…

08 Apr 2024

The Maritime Industry Has Unique Cybersecurity Challenges

© Shuo / Adobe Stock

With supply chain attacks on the rise, and nation-state attackers constantly looking for new ways to disrupt national security and economic stability, one of the most vulnerable areas is the security around our maritime operations. The Biden-Harris Administration's recent Executive Order to fortify the cybersecurity of U.S. ports underscores this concern, spotlighting the urgency of addressing vulnerabilities in a sector that drives over $5.4 trillion in economic activity annually.

07 Apr 2024

X-Press Feeders Signs Green Corridor MoU with Six European Ports

Source: X-Press Feeders

X-Press Feeders has signed of a memorandum of understanding (MOU) with six European ports: Port of Antwerp Bruges (Belgium), Port of Tallinn (Estonia), Port of Helsinki (Finland), Port of HaminaKotka (Finland), Freeport of Riga (Latvia) and Klaipeda Port (Lithuania).The agreement signifies a joint commitment to accelerate the establishment of green shipping corridors and the broader decarbonization of the marine sector in Scandinavia and the Baltic Sea.X-Press Feeders and the…

07 Apr 2024

IMO Facilitation Committee to Discuss Autonomous Shipping

Source: IMO

The IMO Facilitation Committee will meet in person at IMO Headquarters in London for its 48th session (FAL 48) from April 8 to 12 to discuss issues related to autonomous shipping; prevention of illegal wildlife trafficking on ships; digitalization initiatives and the implementation of the Maritime Single Window and Port Community Systems.The Facilitation Committee (FAL) will continue discussions around regulating commercial vessels that can operate independent of human interaction - Maritime Autonomous Surface Ships (MASS).

03 Apr 2024

ITOCHU Working with Amogy to Explore Ammonia Fuel for Vessels

© Tsubasa Mfg / Adobe Stock

Ammonia-to-power solutions provider Amogy announced it has signed a memorandum of understanding (MOU) with Japan-based global trading and import/export company ITOCHU Corporation to explore the potential application of Amogy’s technology on ITOCHU’s maritime vessels.Amogy has developed a modularized system that transforms liquid ammonia into electrical power. This innovative technology involves “cracking” liquid ammonia into its base elements of hydrogen and nitrogen. The hydrogen is then funneled into a fuel cell for efficient generation of electricity onboard a vessel.

02 Apr 2024

Innovative ‘Wall Climbing Robot’ for Ship Inspection Earns ClassNK Endorsement

The wall climbing robot for ship inspection and maintenance (Credit: Screenshot/Video by MOL)

The wall climbing robot for steel structures - developed by Mitsui O.S.K. Lines, Sumitomo Heavy Industries, and MOL Ship Management  to support ship inspection and maintenance - has completed a demonstration test and earned the Nippon Kaiji Kyokai (ClassNK) Innovation Endorsement.The Innovation Endorsement is ClassNK's third-party certification program. It certifies and supports initiatives that contribute to the sustainable evolution of maritime and offshore businesses.The robot…

29 Mar 2024

Japanese Partners Developing Method to Assess Ship Performance in Actual Seas

© Vladimir / Adobe Stock

NYK and Japan Marine United Corporation (JMU) have joined forces to develop a method for estimating a ship’s performance in actual seas before construction is completed.The aim of the two companies is predict a vessel's performance in actual seas before the conclusion of a shipbuilding contract and aid in the reduction of GHG emissions by procuring highly fuel-efficient vessels.In conventional shipbuilding contracts, the guaranteed speed is set and agreed based on the relationship between the ship's speed and horsepower in calm waters…

26 Mar 2024

Leadership Profile: Tor Svanes and NAVTOR's Quest to Transform Shipping

Tor Svanes, Founder and CEO, NAVTOR. Image courtesy Navto

Compliance, performance, profitability, sustainability; take the biggest ‘pain points’ for almost any shipping company and watch NAVTOR’s digital ecosystem work wonders. Here Tor Svanes, Founder and CEO, explains how NAVTOR has grown to lead the smart shipping world, why the recent merger with Voyager Worldwide was so critical, and how he hopes to help steer the industry towards brighter, simpler, and more intelligent horizons.“The morning of the announcement I got a text from the boss of one of our biggest competitors…

18 Mar 2024

Pressure Builds for Charge on Shipping Sector's CO2 Emissions

© Yellow Boat / Adobe Stock

The European Union, Canada, Japan and climate-vulnerable Pacific Island states are among 47 countries rallying support for a charge on the international shipping sector's greenhouse gas emissions, documents reviewed by Reuters showed.The documents, being discussed at an International Maritime Organization (IMO) meeting now entering a second week, outline four proposals with a combined 47 backers for imposing a fee on each tonne of greenhouse gas the industry produces.Support for…

19 Mar 2024

Saipem and Fincantieri Form Subsea Alliance

(Credit: Saipem)

Saipem and Fincantieri have signed a memorandum of understanding (MoU) to evaluate commercial and industrial opportunities for cooperation in the field of autonomous subsea vehicles (AUV) and their integration with surface and underwater units.The MoU is among the initiatives aimed at promoting and developing Italy’s national excellence in the underwater sector.The agreement aims to enable the two companies to participate in major programs in the Italian and international markets in the area of surveillance and control of critical underwater infrastructure and rescue activities…

22 Mar 2024

Amogy, W-Industries Enter Tech & Engineering Partnership

Amogy CEO Seonghoon Woo (right) with Michael Bain (left), Senior Vice President, W-Industries Z (Photo: W-Industries)

Ammonia-to-power solutions provider Amogy announced it has signed a Memorandum of Understanding (MOU) with W-Industries, a provider of engineering, technology, manufacturing, construction and services, to explore opportunities for technology and engineering collaboration.Tailored for industries such as maritime shipping and power generation, Amogy’s ammonia-to-electrical power system splits, or “cracks,” liquid ammonia into its base elements of hydrogen and nitrogen, and then funnels the hydrogen into a fuel cell for clean power generation.Together…

24 Mar 2024

Weathernews Launches "Berth Waiting Forecast" Service

Source: Weathernews

Weathernews Inc. has launched its Berth Waiting Forecast which seamlessly integrates business data from shipping companies with precise weather insights to enable users to accurately predict the status of delayed ships at ports.In maritime operations, adverse weather conditions such as strong winds, high waves, and tropical cyclones frequently disrupt cargo handling operations at ports, leading to operational adjustments and increased fuel consumption. Weathernews' Berth Waiting…

25 Mar 2024

Demopolis: A Cautionary Tale for Increased Infrastructure Investment

Demopolis Lock—which suffered a recent catastrophic failure—is a cautionary tale for other locks and those in Congress and the White House who may fail to see the urgency and importance of investing in the inland waterways system. (Photo: Chuck Walker / U.S. Army)

Demopolis Lock—which suffered a recent catastrophic failure—is a cautionary tale for other locks and those in Congress and the White House who may fail to see the urgency and importance of investing in the inland waterways system.The nation’s inland waterways lock and dam infrastructure, largely constructed in the 1930s, has seen modernization and rehabilitation across the system, albeit very slowly. Despite those efforts, lock failures continue, and the risk of failure persists.While…