Energy News

17 Sep 2020

Opportunities Gust Off US Shores

© Daniël Leppens / Adobe Stock

Throughout the world, offshore wind is on a growth trajectory. With green energy mandates from states in New England and the mid-Atlantic, the U.S. is joining the fray. Consultants Wood MacKenzie, in its U.S. Offshore Wind Outlook 2020-2029, suggested that as much as 25 gigawatts (GW) of capacity could be deployed in the U.S. by 2030 (though estimates range from 14 GW to as much as 34 GW), accounting for a hefty portion of incremental capacity coming online.Shipyards in New England have already seen the tip of the offshore wind iceberg…

17 Sep 2020

Singapore Holds Key Role in Maritime Decarbonization

Singapore Transport Minister Ong Ye Kung

Singapore, which counts decarbonization among its top priorities, holds a key role in the maritime industry's push toward environmental sustainability, the nation's transport minister Ong Ye Kung said Thursday during the Future of Shipping Webinar on Decarbonization.One-third of world trade funnels through the narrow Straits of Malacca and Singapore, giving the small city state prominence and influence as the world's most important shipping hub."Being so dependent on the maritime economy as a city state…

17 Sep 2020

Corvus Batteries for Five New All-Electric Ferries in Amsterdam

Corvus Energy batteries will be installed on the five all-electric ferries being built for GVB at Holland Shipyards Group in the Netherlands / Credit: Corvus Energy

Corvus Energy will deliver lithium-ion battery-based energy storage systems (ESS) from for five new all-electric ferries being built for Amsterdam’s municipal public transport provider, GVB, that will replace the current fleet built in 1930s.The order for the Corvus Energy ESS has been placed by Holland Ship Electric. The ferries, that are being built by Holland Shipyard Group, will operate on three of the North Sea Canal routes, replacing the current fleet built in the 1930s.

17 Sep 2020

Crowley Completes Challenging Fuel Delivery in the Arctic

(Photo: Crowley)

Crowley said it overcame a number of challenges to lighter and deliver nearly four million gallons of military specification fuel to Eareckson Air Station on the Aleutian Island of Shemya in Alaska.Shemya’s radar and aircraft refueling station, Eareckson Air Station, and the 180 service members, contractors and civilians who operate it rely on Crowley’s twice-yearly fuel deliveries to supply fuel required for incoming aircraft for the Defense Logistics Agency, U.S. Coast Guard, Air Force and other state and federal agencies.

16 Sep 2020

New Lives for Old Ships: Inside Keppel O&M’s FLNG Conversion Solution

“Jointly developed by Golar and Keppel O&M, the concept of using sponsons was an innovative game changer, creating new acreage to house additional equipment on the vessel and segregating the hydrocarbon and non-hydrocarbon systems to meet safe design requirements.”
Mr. Chor How Jat, Managing Director (Conversions & Repairs), Keppel O&M

As the focus on carbon emissions comes to the fore across all industries, Keppel O&M, which supports the circular economy concept and is a ship conversion leader, is able to help companies reduce their indirect emissions. Proof of this was delivery of the world’s first FLNG conversion solution that dramatically reduced the carbon footprint of the project as compared to new construction. There’s a second conversion project currently underway, and by the way: it’s faster to market…

16 Sep 2020

New Legislation Aims to Boost Great Lakes Icebreaking Capacity

File photo: The U.S. Coast Guard Cutter Mackinaw (WLBB-30) breaks ice and maintains Aids to Navigation across the Great Lakes. (U.S. Coast Guard photo)

New legislation introduced by U.S. Senators Tammy Baldwin (D-Wis.), Todd Young (R-Ind.) and Gary Peters (D-Mich.) will codify the U.S. Coast Guard’s icebreaking mission on the Great Lakes and increase the icebreaking capacity of the Great Lakes fleet.The Great Lakes Winter Commerce Act aims to increase Great lakes icebreaking capacity, which the lawmakers say will help the businesses and workers that rely on the maritime industry to transport their goods to market and grow the regional economy.“In recent years…

16 Sep 2020

Germany Offered to Build LNG Terminals to Avert US Pipeline Sanctions

© Nord Stream 2 / Axel Schmidt

Berlin offered to spend 1 billion euros ($1.2 billion) to build two liquid natural gas terminals in a bid to dissuade the United States from imposing sanctions over the Nord Stream 2 pipeline, due to bring gas directly from Russia to Germany, Die Zeit reported on Wednesday.The weekly paper said Finance Minister Olaf Scholz made the proposal in an Aug. 7 letter before Washington imposed sanctions on companies involved in building the Baltic Sea pipeline, effectively freezing its…

16 Sep 2020

Global Demand for Marine Fuels to Fall by Up To 17%

Image by Georgiy/AdobeStock

Global demand for marine fuels is expected to fall by up to 17% due to the impact of the coronavirus pandemic on world trade, setting the stage for more consolidation among bunker suppliers, an industry executive told a conference on Wednesday.Banks scaled back on their commodities trade finance after the coronavirus crisis led to defaults by some trading houses and exposed a series of frauds, leaving small and medium-sized firms most exposed.Unni Einemo, director of the International Bunker Industry Association (IBIA), said firms were contending with low demand, low margins, ample supplies, i

16 Sep 2020

First High-pressure SCR System Seals Class Approval

(Photo: MAN Energy Solutions)

The first ever PBST-branded and -built cluster-3 SCR-HP system has passed its ClassNK approval test at the MAKITA works in Japan, MAKITA Corporation and MAN Energy Solutions announced.The compact SCR system is one of four – originally ordered in 2018 and 2019 – for vessels featuring MAN B&W two-stroke engines with two now delivered and the others currently en route to customers. An MAN B&W 6S46ME-B8.5 engine will power each vessel, with the SCR-HP system making each vessel Tier III-compatible.

15 Sep 2020

Charting Terradepth's Big Ambitions in the Unmanned Vehicle Space

The Terradepth leapfrog concept. Graphic from Terradepth.

Ocean mapping at scale is the target of a new unmanned systems player started by two ex-US Navy SEALS. They have big ambitions, from new building unmanned vehicles to creating the intelligence that will drive them to changing how accessible ocean data is. Elaine Maslin learned more. The pace of change in the ocean mapping space has been fast in recent years. New entrants have come into the scene offering “force multiplier” mapping using autonomous underwater vehicles (AUVs) and unmanned surface vessels (USVs).

15 Sep 2020

Sovcomflot Targets at Least $500 Million in Moscow IPO

(Photo: Sovcomflot)

Sovcomflot plans to raise at least $500 million in an initial public offering (IPO) on the Moscow Exchange, Russia’s top shipping company said on Tuesday, in a deal that could value it at roughly $10 billion according to sources.The move by the state-controlled firm comes as Russian airline Aeroflot also plans to raise capital in a secondary public offering (SPO).For Aeroflot, the cash is needed to fight the economic fallout from the COVID-19 pandemic.Sovcomflot (SCF) which is raising money to spend on new projects and reduce debt aims to list in early October…

15 Sep 2020

Wilhelmsen Buys Into Østensjø's Offshore Wind Business

Image: Salt Ship Design

Wilhelmsen, one of the world's largest shipping companies, has agreed to acquire a 25% stake in Østensjø Group’s growing offshore wind business Edda Wind.Wilhelmsen has also secured an option to buy another 25% before June 2021. Launched in 2018, Edda Wind owns and operates service vessels supporting the maintenance work conducted during the commissioning and operation of offshore wind farms.Commenting on the Edda Wind deal, Thomas Wilhelmsen, CEO of the Wilhelmsen group said: "The Wilhelmsen group’s strategy is very clear…

15 Sep 2020

Offshore Oil Wells, Ports Shut as Hurricane Sally Advances on U.S. Gulf

Hurricane Sally (Photo: NOAA)

Energy companies, ports and refiners raced on Monday to shut down as Hurricane Sally grew stronger while lumbering toward the central U.S. Gulf Coast, the second significant hurricane to shutter oil and gas activity over the last month.The hurricane is disrupting oil imports and exports as the nation's sole offshore terminal, the Louisiana Offshore Oil Port (LOOP), stopped loading tanker ships on Sunday, while the port of New Orleans closed on Monday.The U.S. government said 21%…

14 Sep 2020

Solstad, Westcon Working to Decarbonize Offshore Vessels

Credit; Solstad Offshore

Norwegian offshore vessel owner Solstad has signed a cooperation deal with Westcon Power & Automation, a provider of hybrid- and fully electric solutions, to develop environmentally friendly and sustainable technologies, with the final aim to make the company carbon neutral by 2050.Solstad, providing support vessels for offshore oil and gas, and as of recently, the offshore wind industry, has said that it has in past years installed green battery hybrid packages onboard seven…

14 Sep 2020

Hyundai Heavy's Floating LNG to Power Solution Gets BV Nod

Credit: BV

South Korean shipbuilding giant Hyundai Heavy Industries' Floating LNG to Power solution - Hi-FL2P - has been granted an approval in principle certificate by the global classification society Bureau Veritas.‘Hi-FL2P’ has been described as an ‘All-in-One Type’ Floating LNG Power Plant where all equipment and systems that are required for the power generation and transmission including LNG containment, gas supply system, and power plant are installed in one unit to function as a stand-alone power plant.The ‘Hi-FL2P’ was developed in a Joint Development Project with  Bureau Veritas.

10 Sep 2020

Chinese Demand Keeping the Dry Bulk Market Going -BIMCO

© Björn Wylezich / Adobe Stock

An impressive recovery in Chinese dry bulk imports has protected the industry from the effects of falling demand in the rest of the world. High deliveries and low contracting have left the orderbook at multi-year lows, but – with the poor outlook – the current influx of new dry bulk ships orders is not what is needed.Demand drivers and freight ratesThe biggest story in the dry bulk industry in recent months has been the strength of the recovery in major Chinese imports. These are up across the board…

10 Sep 2020

Rimfrost Taps Kongsberg for Krill Vessel Design and Equipment

Credit: Kongsberg Maritime

RLS PhotoNorway-based krill extraction and processing company Rimfrost has awarded Kongsberg Maritime a contract to design and equip a new 120-meter krill harvesting vessel destined for operations in Antarctica.The vessel will be built by Westcon in Norway, and Tersan Shipyard in Turkey. Westcon will complete the vessel at its facility in Norway after initial construction at the Tersan Shipyard in Turkey. It is expected that the 120m ship will be ready to begin operations in 2022.Kongsberg Maritime said that the contract has been awarded in several stages during 2020…

09 Sep 2020

[Op/Ed] The Gulf of Mexico: An Energy Platform for America

© scandamerican  / Adobe Stock

Even as business, schools and scenes from everyday life seem frozen as society adjusts to the coronavirus, the U.S. marches closer toward the November presidential election. In early August, Vice President Joe Biden announced Senator Kamala Harris as his running mate. As the Biden-Harris ticket works out their policy platforms, they should move beyond past comments attacking American offshore oil and gas production. In fact, a strong American offshore oil and gas industry is a platform every candidate should stand behind.Between New Orleans and Houston…

14 Sep 2020

Pioneer Crew Transfer Vessels: Designing the US Fleet

Atlantic Wind Transfer’s newest CTVs have been designed by Chartwell Marine. (Image: Chartwell Marie)

Europe has been the clear leader in offshore wind power since the world’s first offshore wind farm was built off the coast of Denmark in 1991. Now, as regions in Asia and North America set out to harness the huge energy potential gusting off their shores, local firms are drawing from the expertise laid out in the well-established European industry as they build the foundations for new offshore wind markets of their own.It’s no surprise, then, that designs for offshore wind support vessels currently being built in the U.S. come from the other side of the Atlantic.

09 Sep 2020

Anderson Joins Tidewater Board

(Photo: Tidewater)

Offshore support vessel (OSV) owner Tidewater Inc. announced Wednesday the appointment of Darron M. Anderson to its Board of Directors, effective immediately.Anderson has served as President and Chief Executive Officer and as a member of the board of directors of Ranger Energy Services since March 2017. He previously served as President and Chief Executive Officer of Express Energy Services from 2008 to August 2015. Anderson began his career in the oil and natural gas industry…

09 Sep 2020

ABB Equips China’s First Hybrid-electric Rescue Vessel

(Photo: ABB)

The first Chinese-built hybrid emergency rescue vessel is powered by ABB’s bridge-to-propeller technologies, including Azipod electric propulsion, energy storage system and state-of-the-art automation and control solutions.Delivered to Shenzhen Maritime Safety Administration (MSA) by Huangpu Wenchong Shipbuilding, the 78-meter-long vessel Shenhai 01 will be deployed to provide emergency responses at sea and carry out rescue operations. It can be fully powered by batteries for up to three hours of operations.“As the first China-designed and built emergency rescue vessel…

09 Sep 2020

DFDS Outlines Emissions Reduction Plan

(Photo: DFDS)

Danish shipping and logistics company DFDS said it will carry out a mix of minor and major technical upgrades over the next 10 years to reduce emissions by about 45% from 2008 levels. Ultimately, the company intends to become climate neutral by 2050.The company said it will use solutions like hull coatings and decision support systems on board vessels and in the office, as well as major fleet upgrades such as bulb and propeller modifications."The plan is based on careful analysis of how we operate today, and which areas have the greatest potential for improvement.

09 Sep 2020

MAN Bags Orders for Engines Meeting China's New Emissions Rules

The MAN 21/31 engine (Image: MAN Energy Solutions)

MAN Energy Solutions said its Chinese license CMP has won a series of new small-bore, four-stroke orders within the Chinese inland-and-coastal segment. The orders are for MAN 21/31, 27/38 and 23/30H types and stem in great part from the Chinese government establishing new, impending, emission protocols for the segment with its GB15097 regulation – commonly known as C1 and C2.Finn Fjeldhøj, Head of Small-Bore, Four-Stroke Engineering, MAN Energy Solutions, said, “With the introduction of C1 and C2…

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