Global Marine News

Brazil-based WEG Coatings and Canadian-based GIT Coatings have entered an agreement to strengthen each other’s marine coating product offerings across international markets.The partnership aims to accelerate market adoption of green solutions in the marine market such as GIT’s graphene-based coatings. Both companies will leverage each other’s strengths and expertise to enhance product offerings and provide tailored solutions to their customers. GIT Coatings CEO, Mo AlGermozi, said…

IMO Secretary-General Arsenio Dominguez has shared the Organization’s plans and focus areas for the next four years.Speaking at a press conference at IMO Headquarters in London, Dominguez outlined four strategic priorities:• IMO’s work to regulate international shipping;• its support to Member States – particularly Small Island Developing States and Least Developed Countries;• enhancing public awareness and image; and• relations with people and stakeholders. He said: “As a global industry that is responsible for transporting over 80% of trade around the world, shipping is indispensable.

The American Salvage Association (ASA) announced that Mike Dean has been appointed Executive Director. In this role, Dean is responsible for providing strategic leadership and direction to the organization and ensuring that ASA’s mission and objectives are achieved. He oversees day-to-day operations, financial management, government affairs, working committees and ASA staff. Dean reports to ASA’s president, Joseph Farrell, III and works closely with ASA’s Executive Committee.Dean is an industry veteran…

Chevron announced it has appointed Ayten Yavuz as the new General Manager, Global Marine Lubricants.Yavuz joined Chevron in 1991 and has held notable positions over three decades at the company. Most recently, Yavuz was the Regional Manager of Chevron Marine Products for North West Europe and the Americas.In her new role, Yavuz will be responsible for charting the course toward profitable growth, innovation and development within the marine business sector, Chevron said. She will…

Seatrium has delivered a floating storage and regasification unit (FSRU) Energos Celsius to New Fortress Energy (NFE), one of the world’s leading LNG project developers.Energos Celsius is owned by Energos Infrastructure, a global marine infrastructure platform backed by Apollo funds and NFE, and the vessel is on long-term charter to NFE in Brazil.The FSRU was completed on time and within budget, and has departed the Seatrium shipyard for Brazil.It will subsequently be deployed at NFE’s completed LNG terminal in Barcarena in Brazil’s Pará state.The FSRU Energos Celsius will have a nominal regas

The November edition of Marine News magazine highlighted a selection of the most notable American newbuilds delivered of 2023—from a first-of-its-kind green towboat, to the lead vessel in a series of game-changing ships to train U.S. mariners.Empire StateAs the lead vessel in a series of five new training ships being constructed to serve America's state maritime academies, Empire State is easily one of the most important U.S.-built vessels delivered in recent memory.Built by Philly Shipyard for the U.S.

U.K. investment firm Inspirit Capital announced it has completed the carve-out of CWind, a provider of offshore wind support services, from Global Marine Group.CWind completes approximately 60,000 crew transfers annually, utilizing its fleet of crew transfer vessels (CTV), including the world’s first hybrid surface effect ship, CWind Pioneer. The company has operated in support of more than 50 U.K. and European offshore wind farms since 2010.London-based Inspirit Capital specializes…

Seaspan has signed a memorandum of understanding (MoU) with global energy company AES in collaboration mainly aimed at providing liquefied natural gas (LNG) bunkering services to shipping vessels crossing the Panama Canal, as well as exploring options to provide this and similar services in regional markets within the area of influence of the Costa Norte LNG terminal, owned by AES, located in Colón, Panama. Currently, AES is developing a project to expand the aforementioned terminal…

Tidewater Inc., the world's largest fleet operator in the offshore support vessel (OSV) industry, has signed a Global Value Agreement (GVA) with engine manufacturer Caterpillar to ensure comprehensive parts, service, monitoring and maintenance support to help reduce total cost of ownership (TCO) and increase uptime and availability.Tidewater’s fleet of more than 200 OSVs, including platform supply vessels (PSV), anchor handler towing supply vessels (AHTS), offshore tugs and crew boats…

Port agency and marine services company Inchcape Shipping Services (ISS) announced it has appointed Harun Duzgoren as the regional chief executive officer for the Americas, effective September 1, 2023.Duzgoren brings to the role 23 years of managerial experience in the global marine services industry. Prior to joining ISS, he served as the chief commercial officer of Subsea Global Solutions. Before that, he spent 16 years at V.Group, where he held various senior international positions.

By now, it is a well-known fact that the marine industry contributes significantly to the greenhouse gasses causing climate change—and the impact is predicted to rise as the demand for shipping by sea increases. Action is needed now, and the majority of ship operators are adopting or planning zero-emission solutions to accommodate upcoming emission reduction targets.A key zero-emission technology that will be a critical enabler for decarbonizing the marine industry—now and in the future—is hydrogen fuel cells.Today…

The IMO’s MEPC 80 session adopted the 2023 IMO Strategy on Reduction of GHG Emissions from Ships and advanced other environmental initiatives.The revised IMO GHG Strategy includes an enhanced common ambition to reach net-zero GHG emissions from international shipping close to 2050, a commitment to ensure an uptake of alternative zero and near-zero GHG fuels by 2030, as well as indicative check-points for 2030 and 2040:1. to reduce the total annual GHG emissions from international shipping by at least 20%, striving for 30%, by 2030, compared to 2008; and2.

Tidewater has appointed Dick H. Fagerstal non-executive Chairman of the Board.In addition, the Board has reduced the size of the Board from nine to eight members.Fagerstal stated, “I am honored to assume the role of Chairman of the Board of Tidewater at such an exciting time for our industry. I believe the company is well positioned to capitalize on the increasing global offshore activity with recently closed (and pending) additions to its fleet of offshore vessels.“Having been…

The IMO’s Marine Environment Protection Committee (MEPC) - 80th session will meet at IMO Headquarters in London from July 3-7, and amongst key agenda items, the MEPC 80 session is expected to adopt an upgraded IMO greenhouse gas strategy.The revised IMO GHG Strategy will contain concrete greenhouse gas reduction targets for the sector and is expected to outline a range of technical and economic measures. Negotiations have been ongoing and will continue during the Intersessional Working Group on Reduction of GHG Emissions from Ships (ISWG-GHG 15)…

Propspeed, manufacturer of underwater foul-release coatings, announced it has promoted Marcus Hamilton from the international sales director to the position of CEO.Hamilton comes to the position with more than 10 years of experience in the marine industry, working with global marine business such as Fusion Entertainment, Garmin NZ and Propspeed International. In these 10 years Hamilton has held positions of international marketing manager, VP of sales and operations Americas,…

Cummins announced it has signed a memorandum of understanding (MOU) with Danfoss Power Solutions’ Editron division to partner in bringing a unique standard hybrid marine solution to the global maritime market.“This partnership is another step forward in Cummins’ Destination Zero strategy – our plan to reach net zero emissions across our products by 2050,” said Rachel Bridges, Global Marine Director, Cummins Inc. The respective products of Cummins and Danfoss’ are an ideal match, because both companies are focused on energy optimization, efficiency, and clean solutions.

With dredging business booming in the U.S., companies across the country invest in innovative new tonnage to get the job done more efficiently, effectively and safely. Chris Gunsten, SVP, Project Services & Fleet Engineering, Great Lakes Dredge & Dock (GLDD) and Patrick Webb, Senior Director Sales - Global Marine and Stationary, Wabtec discuss the tech inside the new Conrad-built trailing suction hopper dredge Galveston Island.Conrad Shipyard recently launched Galveston Island, the first of two newbuild hopper dredges being built for Great Lakes Dredge & Dock Corporation.

Climate change, rising sea levels, land reclamation and offshore energy are all factors underpinning business models at Europe’s dredge and marine engineering majors. They are adopting strong sustainability credentials as their operations come under closer environmental, social, governance (ESG) scrutiny and new opportunities open up in the US offshore wind sectorThe relatively small number of global marine engineering and dredge firms face more observation of their business models than ever before.

Canada-based marine simulation training firm Virtual Marine Technology Inc. announced it has signed a strategic market representation agreement with New Zealand's Global Marine Technical Services (GMTS), extending its in-country coverage to Australia and New Zealand. The deal includes representation for Virtual Marine’s products within New Zealand and Australia, as well as other areas in the Indo-Pacific region.With a range of desktop to full mission motion systems, Virtual Marine…

Hydrogen fuel cell supplier PowerCell announced it has signed an agreement to deliver hydrogen fuel cells to two ships operating on Norway's longest ferry route. The order has a value of €19.2 million, and represents the largest non-combustion fuel propulsion project to date in the global marine industry, the company said.PowerCell will work to deliver the solution with Norwegian systems developer and integrator of low- and zero-emission marine solutions SEAM, who will be responsible for the electrical installations on the ferries. Final delivery is scheduled for the fourth quarter of 2024.

Schmidt Ocean Institute announced that its newly refitted research vessel has been launched and is ready to be used by scientists worldwide to push the frontiers of deep sea expedition.Funded by Schmidt Ocean Institute founders Eric and Wendy Schmidt, the 110-meter global-class research ship, Falkor (too), was refit at Freire Shipyard in Vigo, Spain, with sea trials taking place off Puerto Rico. It will now embark on a series of expeditions and be available to scientists and technologists globally at no cost in exchange for making their research and discoveries publicly available.

NASH Maritime, a specialist in shipping, navigation and maritime risk, has recently appointed John Guercio to help develop, build and deliver its marine technology offer.Guercio, a U.S. Navy veteran, has more than 25 years of experience in marine electronics including field support, technical specification, systems integration design, installation, commissioning and acceptance trials.He has worked for global marine electronic system providers including Navico and Leonardo, his most recent role being Business Development Manager for SRT Marine Systems.Chris Hutchings…

Houston-based investment manager Arroyo Investors announced it has closed an investment in Seaside LNG and its affiliated entities, an integrated shore-side liquefied natural gas (LNG) liquefaction and bunkering platform in the U.S. Financial details were not disclosed.Seaside LNG owns interests in two separate operating businesses, including a 50% ownership interest in JAX LNG, a small-scale (360,000 gallons/day) LNG liquefaction facility operating two trains in Jacksonville…