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Monday, April 29, 2024
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25 Apr 2024

Avenir LNG Orders Two LNG Bunker and Supply Vessels from Chinese Shipyard

© vladsv / Adobe Stock

UK-based small-scale liquefied natural gas (LNG) supplier Avenir LNG has entered into a shipbuilding contract with Nantong CIMC Sinopacific Offshore & Engineering in China, a subsidiary of CIMC Enric, for two new LNG bunker and supply vessels.The two 20,000 cbm LNG bunker and supply vessels are scheduled to be delivered in the fourth quarter of 2026 and the first quarter of 2027.The newbuildings will feature new Type C tank designs, lower boil off rates, the latest engine technologies…

18 Apr 2024

Marine News' 2024 US Shipbuilding Report

ECO Edison, the first U.S.-built wind farm service operations vessel (Photo: Ørsted)

If nothing else, building vessels in the U.S. is a complicated business.In a session on the domestic shipbuilding marketplace, at Marine Money’s late-November 2023 conference held in New Orleans, Ben Bordelon, president and CEO of Bollinger Shipyards (with more than a dozen facilities, in Mississippi and Louisiana), described his company’s architecture as a “three-legged stool approach: commercial newbuilds, government newbuilds and repair/conversion capabilities”.On the same panel…

18 Apr 2024

Akastor’s Subsidiary Wins $101M Case Against Seatrium's Jurong Shipyard

© nikkytok / Adobe Stock

MHWirth, a subsidiary of Norwegian oil services investment firm Akastor, has received an arbitration award issued by a tribunal in a dispute with Seatrium’s subsidiary Jurong Shipyard over the termination of four drilling rig unit contracts.As part of the ruling, MHW has been awarded an amount of $101 million as payment of termination fees.In addition, MHW has been made eligible for the reimbursement of legal costs and certain suspension costs (totaling about $7 million), as well as interest.Although the drilling rig unit contracts are held by MHW…

17 Apr 2024

Chartwell Marine Grows CTV Build Pipeline for Offshore Wind Market

(Credit: Chartwell Marine)

UK-based offshore vessel designer Chartwell Marine has started the construction of its new Brevity Class crew transfer vessel (CTV) at the Diverse Marine shipyard, becoming the latest in its growing pipeline of new vessel builds to supply the global offshore wind market.Chartwell Marine’s current new build pipeline now exceeds 15 vessels across six local shipyards – with 14 offshore wind vessels launched and operational at major offshore wind farms, including two in U.S. waters.The company’s latest CTV entered build in March 2024…

16 Apr 2024

US Sanctions Impacting Sovcomflot's Ability to Trade, CEO of Russian Tanker Group Says

© Andriy Sharpilo / Adobe Stock

U.S. sanctions are limiting tanker activity for Russia's top shipping group, Sovcomflot, the company's head said on Tuesday, as Washington tightens the screws on Moscow.The U.S. imposed sanctions on Sovcomflot on Feb. 23 as Washington seeks to reduce Russia's revenues from oil sales that it can use to support its military actions in Ukraine.Sanctions have impacted the company's operations, "limiting our geography and commercial prospects", Sovcomflot CEO Igor Tonkovidov told reporters.He added that as sanctions are a relatively new instrument to the shipping market…

15 Apr 2024

New Agreement Targets Nordic Hydrogen Projects

Source: Provaris

Provaris Energy and Norwegian Hydrogen AS have announced a new agreement to jointly progress the identification and development of several sites in the Nordic region for the large-scale production and export of hydrogen to European markets.The projects will utilize locally available renewable energy to produce hydrogen for shipment to European ports. This will assist energy-intensive industries in making an impact on their decarbonization plans and target a scale and level of…

15 Apr 2024

Decarbonization is a Major Challenge for US Ports -Report

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A large number of ports across the United States are making headway toward ambitious decarbonization targets, but many are running up against significant challenges that threaten their progress, according to a new report from classification society ABS and trade group the American Association of Port Authorities (AAPA).Financial constraints, low technology readiness and physical space limitations are among key obstacles identified the ABS and AAPA report, "Port Decarbonization Survey: Trends and Lessons Learned"…

15 Apr 2024

Optimizing Blast and Paint Processes in New Construction Shipbuilding

(Photo: BlastOne International)

The efficacy of surface preparation and coating application in the new construction shipbuilding industry is fundamentally anchored in a well-coordinated, integrated approach. This intricate process, essential for achieving top-tier corrosion control, is methodically segmented into five crucial stages:Raw material entryPainting the modulesSmall partsPainting of erection joints at the module levelFinal paint and ship's completion. Each stage is crucial in its own right but achieves…

15 Apr 2024

MAN Bags First Propulsion Order for Its Methanol-fueled MAN 21/31DF-M GenSet

(Image: MAN Energy Solutions)

MAN Energy Solutions reports it has received an order for three MAN 6L21/31DF-M (Dual Fuel-Methanol) GenSets capable of running on methanol in connection with the construction of a 7,990 dwt IMO Type II chemical bunker tanker.The dual-fuel engines will form part of a diesel-electric propulsion system on board the vessel with electrical motors driving twin fixed-pitch propellers via gearboxes; an onboard battery-storage system will optimize the use of the dual-fueled generators.

11 Apr 2024

Insights: Jennifer Carpenter, President & CEO, American Waterways Operators

Jennifer Carpenter, President & CEO, American Waterways Operators (Photo: AWO)

Jennifer Carpenter joined The American Waterways Operators (AWO), the national trade association representing the inland and coastal tugboat, towboat and barge industry, in August 1990 and became its president and CEO in January 2020. She highlights some of the greatest focus areas for the 80-year-old trade group—simultaneously looking at both the present day and the road ahead.The towboat, tug and barge industry is in a period of rapid evolution. How is AWO—now in its 80th year…

09 Apr 2024

Carnival Signs LTSA with MAN PrimeServ

(Image: MAN Energy Solutions)

MAN Energy Solutions, MAN Energy Solutions USA and Carnival Corporation & plc, the world’s largest cruise company, have signed a service agreement (LTSA) for five of Carnival’s Vista Class cruise ships powered by MAN 48/60CR type engines. The scope of the agreement covers the management of all maintenance, including planning, parts, technical advisory service, training and remote monitoring support. MAN Energy Solutions will manage the agreement via MAN PrimeServ, its after-sales brand.Riccardo Cordara…

07 Apr 2024

A Few Surprise Sales This Week in Ship Recycling

Source: GMS

Ship recycling has again been quiet across the ship recycling globe, reports cash buyer GMS.“Moreover, as an increasing number of vessels past beached have been nearly recycled, and barely any meaningful arrivals have been reported at the respective waterfronts (zero in India this week), frustrated industry players are just … going with the depressive flow,” states GMS.“With that being said and reportedly this week, amidst a sea of floating oldies several high-priced sales were surprisingly confirmed to the various markets (essentially Bangladesh and Pakistan)…

04 Apr 2024

Crumbling Great Lakes Ports Infrastructure Makes Port Insurance Even More Critical

© icholakov / Adobe Stock

The state of Great Lakes port infrastructure is one of the biggest issues facing the U.S. and Canadian maritime industries. According to the America Great Lakes Ports Association, “Due to years of inadequate funding, the U.S. Army Corps of Engineers has been unable to maintain Great Lakes navigation infrastructure. Over the next five years Great Lakes navigation channels will require $540 million of dredging to maintain authorized channel dimensions. Breakwaters and other federal…

04 Apr 2024

Metal Shark Debuts Prowler Autonomous Vessel and Frenzy Micro-USV

Louisiana-based boat builder Metal Shark has unveiled Prowler, its new autonomous, amphibious, and semi-submersible military craft engineered to meet the current and near future warfighting requirements of the U.S. military and its allies. The company is also debuting Frenzy, a high-performance, low-cost, amphibious micro-USV (uncrewed surface vehicle) with a payload carrying capacity of up to 14 pounds.“Prowler represents the sum total of everything we’ve learned while building 400-plus autonomous and remote operated vessels for our military customers over the past decade…

04 Apr 2024

Wärtsilä to Supply Cargo Handling Systems for Solvang’s Newbuild VLGC Vessels

Wärtsilä Gas Solutions, part of technology group Wärtsilä, will supply the cargo handling systems for additional two new very large LPG carrier vessels to be built at the HD Hyundai Heavy Industries in South Korea.The ships have been contracted by Norwegian ship owner Solvang. The order follows a similar one placed in 2023 for five vessels being built at the same yard for the same owner.The very large gas carriers (VLGCs) are of Panamax size and form the next generation of eco-vessels.

03 Apr 2024

INTERCARGO and RightShip Launch Dry Bulk Centre of Excellence

Dimitris Fafalios source INTERCARGO

The International Association of Dry Cargo Shipowners (INTERCARGO) and RightShip have launched the Dry Bulk Centre of Excellence (DBCE), an independent, not-for-profit industry organisation dedicated to the administration of the Dry Bulk Management Standard (DryBMS) framework.DryBMS was developed by INTERCARGO and RightShip, with input from experts and stakeholders across the sector, as an industry tool to raise standards and best practices across safety, security, environmental performance, and social welfare in the dry shipping sector.

02 Apr 2024

Austal Rejects Hanwha's $662 Million Takeover Offer

File photo courtesy Austal USA

Australian shipbuilder Austal said on Tuesday it had rejected an A$1.02 billion ($662 million) takeover offer from South Korea's Hanwha Ocean as it was unlikely to be approved by Australian and U.S. regulators due to the sensitivity of its operations.The Western Australia-based firm said it had received a bid at A$2.825 per share, representing a premium of 28.4% to Austal's last closing price.Austal's shares rose 8.2% in early trade, while the Australian S&P/ASX200 index was flat.The…

01 Apr 2024

Austal Rejects Hanwha's $662 Million Offer

Source: Austal

Australian shipbuilder Austal said on Tuesday it had rejected an A$1.02 billion ($662 million) takeover offer from South Korea's Hanwha Ocean as it was unlikely to be approved by Australian and U.S. regulators due to the sensitivity of its operations.The Western Australia-based firm said it had received a bid at A$2.825 per share, representing a premium of 28.4% to Austal's last closing price.Austal's shares rose 8.2% in early trade, while the Australian S&P/ASX200 index .AXJO…

01 Apr 2024

Vineyard Offshore Hires Musiol as External Affairs Director

Rick Musiol (Photo: Vineyard Offshore)

Offshore wind developer Vineyard Offshore announced that Rick Musiol, Jr. has joined the company as Director of External Affairs and Community Engagement. In this newly created position, Musiol will lead community engagement and corporate citizenship programs everywhere Vineyard Offshore has a presence.“As Vineyard Offshore expands its work on the East and West Coasts, our top priority is to be an active and engaged member of the community,” said Christian Scorzoni, Chief External Affairs Officer for Vineyard Offshore.

01 Apr 2024

BRIX Marine Building New 4615-HTC LandingCat

(Photo: BRIX Marine)

Port Angeles, Wash. boatbuilder BRIX Marine announced the forthcoming launch of the 4615-HTC, a new addition to its line of purpose-built vessels.Currently undergoing construction, the 4615-HTC LandingCat, named Chenega, will have 46-foot-long hull (40 feet at the waterline) and will be about 50 feet long overall, with a 15-foot beam.Designed to perform various tasks, from coastal patrols to offshore support, the newbuild will be powered by quad Yamaha 450-horsepower outboards.

28 Mar 2024

New Tug Delivered to Mongla Port Authority

The Mongla Port Authority in Bangladesh has taken delivery of its new tug, M.T. Joymoni.The newbuild is a RAmparts 3200-CL designed by Canada's Robert Allan Ltd. and built by Cheoy Lee Shipyards, in China.The RAmparts 3200-CL was designed by Robert Allan Ltd. in 2008 exclusively for Cheoy Lee Shipyards, with the first tug, Ocean Pioneer, delivered to Ocean Sparkle in India in 2011. Based on the RAmparts series, the hull form was developed to provide a high performance, multi-function tug in a shallow draft configuration, with bollard pull of up to 85 tonnes, the designer said.M.T.

28 Mar 2024

Baltimore Bridge Collapse Highlights Need to Protect Critical Foundations

NTSB investigators on the cargo vessel Dali, which struck and collapsed the Francis Scott Key Bridge on March 26, 2024. (Photo: Peter Knudson/NTSB)

The collapse of Baltimore's Key Bridge has highlighted what engineers say is an urgent need to better protect the piers holding up spans over shipping channels as the size of cargo ships has grown in recent decades.Federal authorities continue an investigation into why a massive cargo ship lost power and crashed into a pier of the Francis Scott Key Bridge early Tuesday, bringing down the structure and killing six workers who had been filling potholes atop it.The Maryland Transportation Authority did not respond to questions about what…

25 Mar 2024

Groke to Deliver Situational Awareness Tech for Ships with BARTech WindWings

(Photo: Groke Technologies)

Finland-headquartered maritime tech company Groke Technologies (Groke) is working with BAR Technolgoes (BARTech) design and develop of situational awareness systems for the U.K. marine engineering consultancy’s WindWings wind propulsion technology.The companies have signed a partnership agreement following the debut installation of two 37.5 m (123 ft) tall WindWings sails on board MC Shipping-owned and Cargill-operated Kamsarmax bulker Pyxis Ocean. Groke’s camera and imaging solutions were also installed.Groke Technologies’ CEO Juha Rokka said…