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17 Apr 2024

US to Reimpose Oil Sanctions on Venezuela

© Nmomentscatcher / Adobe Stock

The Biden administration said it would not renew a license set to expire early on Thursday that had broadly eased Venezuela oil sanctions, moving to reimpose punitive measures in response to President Nicolas Maduro’s failure to meet his election commitments.Just hours before the deadline, the U.S. Treasury Department announced on its website that it had issued a replacement license giving companies 45 days to “wind down” their business and transactions in the OPEC country's oil


14 Apr 2024

Somali Pirates Release Ship after Ransom Paid

© Venera / Adobe Stock

Somali pirates released a hijacked ship, MV Abdullah, and its crew of 23 early on Sunday after a $5 million ransom was paid, according to two pirates."The money was brought to us two nights ago as usual... we checked whether the money was fake or not. Then we divided the money into groups and left, avoiding the government forces," Abdirashiid Yusuf, one of the pirates, told Reuters.He added the ship had been released with all its crew.Somalia government officials did not respond to a request for comment.The MV Abdullah


01 Apr 2024

Salvage Crews Work to Lift First Piece of Collapsed Baltimore Bridge

Crews begin cutting the top portion of the north side of the collapsed bridge into smaller sections for safe removal by crane in the Patapsco River, in Baltimore, March 30, 2024. Salvage teams use exothermic cutting torch to systematically separate sections of the steel bridge, which will be taken to a disposal site. (Photo: Taylor Bacon / U.S. Coast Guard)

Salvage crews worked to lift the first piece of Baltimore's collapsed Francis Scott Key Bridge from the water on Saturday to allow barges and tugboats to access the disaster site, Maryland and U.S. officials said, the first step in a complex effort to reopen the city's blocked port.The steel truss bridge collapsed early on Tuesday morning, killing six road workers, when a massive container ship lost power and crashed into a support pylon. Much of the span crashed into the Patapsco River


29 Mar 2024

Seaway7 Gets Baltica 2 Offshore Wind Job

(Credit: Seaway7)

Subsea7's renewables-focused offshore installation subsidiary Seaway7 has secured a ‘sizeable contract’ by PGE Polska Grupa Energetyczna and Ørsted for the transport and installation of the substations for the Baltica 2 offshore wind farm in Poland.Seaway7’s scope includes the transport and installation of four substations. Offshore activity is scheduled to take place in 2026 utilising both heavy lift and heavy transportation vessels.The ‘sizeable contract’ for Seaway7 means it


29 Jan 2024

ONE Secures AiP for 3500 TEU Ammonia Dual-Fueled Vessel

(Credit: Nihon Shipyard)

Japanese container shipping company Ocean Network Express (ONE) has secured the Approval in Principle (AiP) for an ammonia dual-fueled vessel.The newly AiP-awarded 3,500 TEU vessel was jointly developed by ONE, Nihon Shipyard (NSY) and classification society DNV, as part of a joint development project established in late 2022 among the three parties.Along with recent investment in 12 methanol dual-fueled vessels, the award marks another milestone for ONE on its journey towards


19 Jan 2024

DNV, SDTR Marine to Explore CCS for Kamsarmax Bulker

At the JDP signing which took place at SDTR's offices in Singapore: Left Cristina Saenz de Santa Maria, Regional Manager South East Asia, Pacific & India, DNV Maritime, Right Gao Dehui, CEO of SDTR Marine Pte Ltd. (Photo: DNV)

Classification society DNV has entered into a joint development project (JDP) with Singapore-based shipping company SDTR Marine to cooperate on a carbon capture and storage (CCS) feasibility study for the latter’s 85,000 dwt Kamsarmax bulk carrier.As part of the JDP, DNV and SDTR Marine will collaborate on a techno-economic analysis of CCS implementation aboard the bulk carriers. Utilizing DNV's FuelPath, the study aims to evaluate the economic viability of different fuel and technology approaches under various fuel and CO2 price scenarios.

16 Jan 2024

Purus Selects DNV to Class Its First VLEC Newbuilds

Purus’ VLEC (Credit: Purus)

UK-headquartered shipowner Purus has selected DNV to class its two Very Large Ethane Carriers (VLEC) newbuilds.The vessels have been contracted at HD Hyundai Heavy Industries (HHI) in South Korea and scheduled for delivery in 2026-2027.With a cargo carrying capacity of 98,000cbm, the two VLECs will be fitted with GTT’s Mark III membrane containment system.The vessels will be equipped with dual-fuel ethane engines and optimized cargo handling systems to reduce emissions and will also be EEDI Phase III compliant.Once delivered


14 Jan 2024

Germany to Take Part in EU Red Sea Naval Mission

Source: NATO

Germany is expected to participate in a European Union naval mission to protect shipping in the Red Sea that EU foreign ministers will approve this month, the head of the German parliamentary defence committee said.Speaking at her party's reception for the new year on Sunday, Maria-Agnes Strack-Zimmermann said the aim of the mission would be for EU frigates to protect commercial vessels passing through the strait.The approaches to the Suez Canal, one of the world's most important shipping lanes


14 Dec 2023

DiCosimo to Chair Greater Houston Port Bureau

Vincent DiCosimo (Photo: Greater Houston Port Bureau)

The Greater Houston Port Bureau Board of Directors announced Vincent DiCosimo, vice president of government affairs at Targa Resources, will assume the position of the chairman of the board on January 1, 2024. DiCosimo has served as first vice chairman on the Port Bureau’s board for the last three years.Bernt Netland, the outgoing chairman of the Port Bureau Board said, “Vincent has been a part of the Port Bureau’s board for many years and has been active in his role as vice chair. He is an experienced and respected leader in the port region.

05 Nov 2023

Ukraine Hits Russian Shipyard

© Peter Hermes Furian / Adobe Stock

Ukraine rained 15 cruise missiles on Russia's shipyard in the Crimean port city of Kerch on Saturday, damaging one ship, Russian defence ministry said, in an attack that could further undermine Moscow's striking capabilities.Thirteen of the missiles were destroyed in the air, while one hit a ship, the Russian defence ministry said in a typically laconic statement when reporting on Ukraine's strikes on Russian territory or infrastructure. It did not give the ship's name.Ukraine's top Air Force commander said the Russian Navy stationed there one of its most modern ships


01 Nov 2023

Decarbonizing Shipping: DNV, AL Team Up for Onboard CCS Study

 AL Group Fleet Director Tonci Zdunic and DNV’s Regional Manager South East Asia, Pacific & India, Maritime, Cristina Saenz de Santa Maria, signed a Memorandum of Understanding (MoU) in the presence of AL’s Group Sustainability and Regional Finance Director Philip Pfeiffer and Geir Dugstad, DNV’s Senior Vice President, Ship Classification & Technical Director. Under the MoU, both companies will partner to explore the feasibility of CCS on board AL’s 7,100 TEU container ships and Kamsarmax bulk c

Classification society DNV has entered into a Joint Development Project (JDP) with AL Group and its Singapore company Asiatic Lloyd Maritime LLP to explore the feasibility of carbon capture and storage (CCS) on board AL’s 7,100TEU containership and Kamsarmax bulk carrier newbuildings.Under the JDP, DNV will cooperate with AL on a techno-economic study of CCS on board the vessels using DNV's FuelPath to assess the economic potential of the different fuel and technology strategies.

02 Oct 2023

Shipshave Scoops Award for In-Transit Hull Cleaning Solution

Cleaning of the hull during a voyage using a robotic tool deployed from the deck by the crew. Photo: Shipshave

Shipshave has won the Most Innovative Proven Technology Award in the inaugural SNIC Innovation Awards for its in-transit hull cleaning solution that removes biofouling to boost fuel efficiency and decarbonization.The prize was handed out at the Singapore Norway Innovation Conference (SNIC) 2023, with the theme Innovate to Zero, that is hosted annually in Singapore by the Norwegian Business Association Singapore (NBAS).Shipshave earned the accolade for having “the most innovative


17 Sep 2023

DNV Awards AiP to HD KSOE’s Hydrogen System for LH2 Carrier

Large LH2 Carrier concept design (Image courtesy of HD KSOE)

DNV has awarded an Approval in Principle (AiP) to HD Korea Shipbuilding & Offshore Engineering (HD KSOE) and its subsidiaries HD Hyundai Heavy Industry (HD HHI) and Hyundai Mipo Dockyard (HMD) for their new hydrogen system.HD KSOE aims to complete the development of the hydrogen carrier technology that enables large-capacity hydrogen transportation and storage by around 2030.HD KSOE's new system utilizes boil-off gas from hydrogen transport for a hybrid propulsion system, integrating hydrogen dual-fuel engines and fuel cells.

22 Aug 2023

Russia Says It Destroyed Ukrainian Vessel Near Black Sea Gas Facilities

© Peter Hermes Furian / Adobe Stock

A Russian warplane destroyed a Ukrainian reconnaissance vessel in an area in the Black Sea where Russian gas extraction facilities are located, the Russian Defence Ministry said early on Tuesday.The ministry said in a short statement that the Ukrainian vessel had been destroyed by an SU-30 aircraft from Russia's Black Sea Fleet.There was no immediate comment from Ukraine, which rarely comments publicly on its operations inside Russia or on Russian-controlled territory but which


16 Aug 2023

Ukraine says Russian Drones Threatened Danube Port

© watcherfox / Adobe Stock

Ukraine's air force on Wednesday said a large group of Russian army drones entered the mouth of the Danube River and headed toward the Izmail river port near the border with Romania.Social media groups reported hearing air defence systems firing in the area near two Danube ports - Izmail and Reni.The governor of southern Odesa region, Oleh Kiper, asked residents of Izmail district to take shelter at around 1:30 a.m. (2230 GMT) and cancelled the air raid alert one hour later.Ukraine's


18 Jul 2023

Divers Inspect Grounded Ro-Ro

Photo courtesy of CGS Romblon

The 93 passengers and 36 crew on a ro-ro ran aground approximately 100 meters from shore at Barangay Nasunugan in Banton, the Philippines, at midnight on July 16 have now been rescued and refloating efforts have begun.Montenegro Shipping’s Maria Helena was sailing from Lucena Port in Lucena City, Quezon Province, bound for San Agustin Port in Tablas, Romblon, when the incident occurred.The vessel has been listing 10 degrees to portside, and the Captain is reported to have attributed the list to to the explosion of one tire of one of the rolling cargoes onboard


26 Jun 2023

Why the Titanic Disaster Continues to Enthrall

© nyiragongo / Adobe Stock

The question on many minds this week is why did some of the world’s richest men risk death to venture to the bottom of the sea in a cold and cramped “experimental” submersible for a chance to glimpse the wreck of the Titanic?The “unsinkable” ship that sunk on its maiden voyage across the Atlantic in 1912 after colliding with an iceberg is arguably the world’s most well-known boat. The Titanic is recognisable to more of the world’s population than, say, the Niña, the Pinta, and the Santa Maria (Christopher Colombus’s fleet that launched the Spanish conquest of the Americas)


23 Jun 2023

Siemens Energy Shares Tumble 31% as Wind Turbine Troubles Exposed

Copyright Postmodern Studio/AdobeStock

Siemens Energy saw $6.3 billion wiped off its market capitalization on Friday after warning that the impact of quality problems at its Siemens Gamesa wind turbine business would be felt for years.The group scrapped its 2023 profit outlook late on Thursday after a review of its wind turbine division exposed deeper-than-expected problems that could cost more than 1 billion euros."This is a disappointing and severe setback," Siemens Gamesa CEO Jochen Eickholt told journalists on


07 Jun 2023

Study Highlights Upskilling Needs of Seafarers

Source: DNV

DNV has published a study co-sponsored by the Singapore Maritime Foundation (SMF), examining the key drivers transforming the maritime industry and their impact on ship management and seafarers.The study was officially handed to SMF Chairman Hor Weng Yew during the Nor-Shipping trade fair in Oslo.The research draws on a comprehensive methodology combining a literature review, expert consultations, and a survey of over 500 seafarers responsible for operating dry bulk, tanker, and container vessels globally.

15 May 2023

A.P. Møller Holding Takes Over Maersk Supply Service, Names New CEO

©Christian M. Ingerslev, new CEO of Maersk Supply Service

A.P. Møller Holding A/S has acquired offshore vessel services firm Maersk Supply Service A/S from A.P. Møller – Mærsk A/S, through the closing of the previously announced transaction.In connection with the closing of this acquisition, A.P. Moller Holding has elected a new CEO and Board of Directors for Maersk Supply Service A/S. Christian M. Ingerslev will take over the Chief Executive Officer (CEO) position from Steen S. Karstensen, who has been at the helm of Maersk Supply Service since 2016.

28 Apr 2023

US Calls on Iran to Release Tanker Seized in Gulf of Oman

Advantage Sweet (Photo: Advantage Tankers)

Iran seized a Marshall Islands-flagged oil tanker in the Gulf of Oman in international waters on Thursday, the U.S. Navy said, the latest in a series of seizures or attacks on commercial vessels in sensitive Gulf waters since 2019.Iran's army said it had seized a Marshall Islands-flagged oil tanker in the Gulf of Oman after it collided with an Iranian boat, injuring several crewmen, Iranian state media reported."Two members of the boat's crew are missing and several were injured due to the collision of the ship with the boat," an army statement said.The U.S.

19 Apr 2023

Russia Accuses Ukraine of Sabotaging Grain Deal with Bribery Scheme

© Olivia / Adobe Stock

Russia on Wednesday accused Ukraine of sabotaging the Black Sea grain deal by demanding bribes from ship owners to register new vessels and carry out inspections under the cover of a deal the United Nations hopes could ease a global food crisis.There was no immediate comment on the allegation, levelled by Russia's Foreign Ministry, from Ukraine which has blamed Moscow for problems with the agreement. Moscow did not immediately provide documentary evidence to back its assertion.Russia and Ukraine both say the deal


13 Apr 2023

Chevron and Angelicoussis Group Exploring Maritime Ammonia Transport

© momentscatcher / Adobe Stock

Chevron and the Angelicoussis Group have come together to explore how tankers can be used to transport ammonia, a potential lower carbon marine fuel.Under a newly announced Joint Study Agreement (JSA), Chevron, through its subsidiary Chevron Shipping Company, and the Angelicoussis Group, through its Energy Transition division, Green Ships, will initially evaluate the ammonia transportation market, existing infrastructure, the safety aspects of ammonia, potential next generation vessel requirements and a preliminary system to transport ammonia between the U.S. Gulf Coast and Europe.