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Tuesday, May 7, 2024
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Sales News

07 May 2024

Bollinger Names Andy Naquin Sales VP

Andy Naquin (Photo: Bollinger Shipyards)

Bollinger Shipyards announced it has promoted Andrew “Andy” Naquin to lead its sales team as the company's new Vice President of Sales.“Since joining Bollinger, Andy has been an invaluable addition to our team,” said Ben Bordelon, President and CEO of Bollinger Shipyards. “His deep experience and breadth of relationships in the maritime industry are second to none, and I know he’ll continue to deliver our customers the highest level of quality service and solutions that Bollinger has been known for nearly eight decades.”Naquin first joined Bollinger in 2023 as Director of Sales.

07 May 2024

WinGD to Supply Engines for AET’s Ammonia-Fueled Aframax Tankers

(Credit: MISC)

Swiss marine power company WinGD has secured an order for its X‑DF‑A ammonia-fueled engines for what will be the world’s first ammonia dual-fuel Aframax tankers.Two vessels ordered by Singapore based ship owner and operator AET, a petroleum arm of Malaysia’s MISC Group, will be built at Dalian Shipbuilding Industry with six-cylinder X62DF-A engines, the newest addition to WinGD’s clean-fuel engine portfolio.AET recently entered into time charter party (TCP) contract with Petronas'…

06 May 2024

Taylor Smith Shipyard Partners with Nouum Engineering on Engine Overhauls

Willy van Niekerk, General Manager of TSS

South African Nouum Engineering, a provider of diesel engine services for marine, power, locomotive and generators globally, and Mauritius-based ship repair and conversion yard Taylor Smith Shipyard (TSS) have signed a cooperation agreement, expanding both companies’ commercial and operational scopes.As a part of the agreement, Nouum Engineering will be focusing on the repair and maintenance of marine engines and related equipment, such as turbochargers and automation systems, a growth market for Taylor Smith Shipyards.

06 May 2024

New EU Sanctions Could Hit Russian Shipping

© roundex / Adobe Stock

The European Union would ban trans-shipment of Russian LNG, the use of EU ports by vessels transporting goods contributing to Russia's war effort and make EU operators more accountable for any sanctions violations, according to a text under discussion.The text seen by Reuters on Monday covers proposals that would constitute a 14th package of sanctions against Russia over its 2022 invasion of Ukraine now being debated by EU members before it enters force.According to the proposals presented to EU envoys on Friday…

02 May 2024

Engines, Inc. Names Hughes Managing Director

David Hughes (Photo: engines, inc.)

engines, inc., a Jonesboro, Ark. based distributor of diesel engines and generator sets, has hired David Hughes as its new managing director. Hughes is an industry veteran with expertise in marine diesel product management, having most recently served as sales manager for marine products at Scania USA. He has also held leadership positions at distributors such as Superior Diesel and Hamilton Power Solutions."I'm excited for the opportunity to join the team at engines, inc. They've been a successful and well-respected engine distributor and supplier to the marine market since 1979…

02 May 2024

Maritime Trafficking: How Balkan Gangsters Became Europe's Top Cocaine Suppliers

© Roger / Adobe Stock

In 2018, convicted cocaine trafficker Slobodan Kostovski fled a Brazilian prison and made his way back to Europe with a fake passport.The Serbian senior quickly fell into old habits, police allege. Last August, Kostovski was arrested in Belgrade, accused of shipping 2.7 metric tonnes of cocaine from Brazil aboard a 22-meter vessel apprehended near Spain’s Canary Islands.Nicknamed “the General” by his associates, he had been trafficking “large amounts” of powder to “Europe for a long period of time,” Serbian police wrote in a 2022 intelligence report obtained exclusively by Reuters.

02 May 2024

Tristar Eships Picks Wärtsilä for Carbon Footprint Management

Solar Nesrin chemical tanker (Credit: Tristar Eships)

Tristar Eships, the maritime logistics division of the Dubai-based Tristar Group, has selected technology group Wärtsilä’s Decarbonization Services to support its decarbonizing operations.Wärtsilä’s Decarbonization Services will initially be applied to two tankers in the company’s fleet and is tailored to create a significant reduction in their carbon emissions.The analysis to be undertaken for the first two Tristar Eships vessels, includes Wärtsilä’s EnergoFlow, EnergoProFin…

02 May 2024

Shipbuilding: Tanker Orders Up 32% Year-on-year

© Carabay / Adobe Stock

Tanker ordering has surged in the first few months of 2024 as shipowners owners seek to renew ageing fleets and add new vessels that meet latest environmental regulations.So far this year, 104 tankers have been added to the global orderbook, up from 79 for the same period last year, representing a year-on-year increase of c.32%, according to latest figures from Veson Nautical.Values for tanker newbuildings have also increased across all subsectors. LR2s of 115,000 DWT show the biggest leap…

01 May 2024

US LNG Exports Fall for Fourth Straight Month

© moofushi / Adobe Stock

U.S. exports of liquefied natural gas (LNG) fell for a fourth consecutive month to 6.19 million metric tons in April from 7.61 million in March on production outages, preliminary data from financial firm LSEG showed on Wednesday.Recurring mechanical problems have hit Freeport LNG, the second largest U.S. plant by capacity. Last month, the Quintana, Texas, terminal exported five cargoes for a total of 330,000 tons, compared to 21 cargoes and 1.42 million tons in December.Since mid-January, the plant has been operating without at least one of its three gas-processing trains.

30 Apr 2024

Corvus Energy to Supply ESS for First Net Zero Subsea Construction Vessel

The new ESCV will run on green methanol and batteries and will be the first vessel to perform heavy construction work in both offshore wind and subsea with net zero emissions. Photo by REM Offshore.

Corvus Energy has been selected by HAF Power Solutions (HPS) to supply Energy Storage Systems (ESS) for the Energy Subsea Construction Vessel (ESCV) to be built for shipowner REM Offshore.The new ESCV is of ST-245 design and will be the first vessel to perform heavy construction work in both offshore wind and the subsea market with net zero emissions. The vessel will be equipped with dual-fuel methanol engines and a 1.7MW battery system. The batteries will be used for spinning…

30 Apr 2024

US Proposes Offshore Wind Auctions Off Oregon and Maine Coasts

The Biden administration on Tuesday unveiled a plan to sell offshore wind leases in waters off the coasts of Maine and Oregon later this year, saying projects in those regions could one day power a total of 6 million homes.The proposed sales are part of a five-year schedule of offshore wind auctions the Interior Department outlined last week. Putting wind turbines along every U.S. coastline is a cornerstone of President Joe Biden's agenda to decarbonize the electricity grid and combat climate change.In a statement…

30 Apr 2024

Kongsberg to Supply Hybrid Electrical Systems for Matson's New Box Ships

(Image: Matson)

Matson Navigation Company’s new liquefied natural gas (LNG)-powered containerships will feature a comprehensive range of integrated technologies from Kongsberg Maritime to optimize energy use and reduce emissions.The Norwegian company announced Tuesday that it will supply hybrid electrical systems, controlled and operated by its Energy Management System, for a series of three 3,600 TEU vessels that are being built by Philly Shipyard for the U.S.-based shipowner. The Kongsberg Maritime scope of supply includes a Shaft Generator System…

30 Apr 2024

Windward Offshore to Equip CSOV Newbuild Duo with Seaonics’ Cranes

(Credit: Windward Offshore)

German shipowner Windward Offshore has ordered 3D Electric Controlled Motion Compensated (ECMC) cranes from Seaonics for two Commissioning Service Operation Vessels (CSOVs) being built by Norwegian shipbuilder VARD.The order marks Seaonics' first equipment delivery to Windward Offshore, a company founded by Blue Star Group, Diana Shipping and SeraVerse, in collaboration with and under the leadership of SeaRenergy Group.The first CSOV is scheduled for delivery in the second half of 2025…

30 Apr 2024

Bibby Marine Places Order for ‘World’s First’ eCSOV

(Credit: Bibby Marine)

Bibby Marine has signed a shipbuilding contract with Gondan Shipbuilders to construct what is said to be the world’s first zero-emission, electric commissioning service operation vessel (eCSOV).The eCSOV will be built in Gondan’s Asturias shipyard in Spain and is scheduled to be delivered in 2026.Designed in collaboration with UK-based ship designers Longitude, the eCSOV, will feature a powerful battery system, complemented by dual-fuel methanol engines for emissions-free operations.

29 Apr 2024

QatarEnergy Places $6B Order for 18 LNG Vessels to China’s CSSC

(Credit: QatarEnergy)

QatarEnergy has signed an agreement with China State Shipbuilding Corporation (CSSC) for the construction of 18 ultra-modern QC-Max size LNG vessels, marking a significant addition to its LNG fleet expansion program.The new vessels, with a capacity of 271,000 cubic meters each, will be constructed at China’s Hudong-Zhonghua Shipyard, a CSSC wholly-owned subsidiary, and will feature state of the art technological innovation and environmental performance.Eight of the 18 QC-Max size LNG vessels will be delivered in 2028 and 2029…

28 Apr 2024

Sudden Influx of Tonnage to Ship Recyclers

Source: GMS

On the back of freight markets that are finally facing their first set of 2024 jitters, the industry is gradually witnessing an increasing number of units being proposed for a recycling sale, all of which are being confirmed via the sudden influx of tonnage at the Indian and Bangladeshi waterfronts this week, reports cash buyer GMS.This coms just as the Pakistani market (as expected) starts to fall behind on its domestic arrivals. At this rate, India looks set to sneak past the Pakistani market in the rankings…

25 Apr 2024

New Cranes & Offshore Wind Efficiency

NOV is upgrading the cranes on Cadeler’s existing O-class WTIVs. Image courtesy of Cadeler.

The end may be in sight, but the race for bigger cranes is still having an impact on offshore wind project efficiency.The industry has already felt the need for upgrading crane lifting capacity on existing offshore wind installation vessels: NOV is upgrading the cranes on Cadeler’s existing O-class wind turbine installation vessels (WTIVs), and a gantry crane extension will soon make Van Oord’s Svanen one of the largest floating heavy-lift installation vessels.It’s a newbuild phenomenon too. NOV has developed a telescoping leg encircling crane for Shimizu’s GustoMSC-designed WTIV Blue Wind.

25 Apr 2024

Bourbon Orders Exail Tech to Streamline Subsea Fleet’s Services for Offshore Energy

Bourbon Evolution 802 MPSV (Credit: Bourbon/Supplied by Exail)

UK-based Exail has secured a contract with French maritime services provider Bourbon to supply several units of its Octans Attitude and Heading Reference Systems (AHRS) for integration into Bourbon Subsea Services’s fleet.These units will be installed on multiple Bourbon Evolution 800 Series multi-purpose support vessels (MPSVs) dedicated to subsea operations at depths down to 3,000 meters.IMO-HSC certified, the Octans AHRS will enhance Bourbon vessels’ efficiency in installation…

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.

23 Apr 2024

Muddy Water Dredging Christens Marlin Class Dredge

Photo by DSC Dredge

On April 19th, 2024, Muddy Water Dredging, LP, held the christening ceremony of its Marlin Class dredge at the Port of New Orleans. The event was attended by many esteemed business leaders, media personnel, and distinguished dignitaries. "We are happy to unveil the Vaneta Marie dredge. After many hours of collaboration between Muddy Water and DSC what we have before us is a dredge that was crafted with precision and ingenuity," said Michael Kerns, President, and CEO of Muddy Water.

24 Apr 2024

Wärtsilä to Supply Cargo Handling System for Scale Gas’ LNG Bunkering Vessel

(Credit: Wärtsilä)

Wärtsilä Gas Solutions, part of technology group Wärtsilä, has signed a contract for the supply of cargo handling system for a new 12,500 m3 LNG bunkering vessel being built for Spanish shipowner Scale Gas, a subsidiary of Enagás.The order has been placed by the yard building the vessel, Nantong CIMC Sinopacific Offshore & Engineering, and was booked by Wärtsilä in the first quarter of 2024.The vessel is co-financed from the Support for Sustainable and Digital Transport Programme…

24 Apr 2024

US Plans 12 Offshore Wind Auctions Over Five Years

© Alexisaj / Adobe Stock

President Joe Biden's administration unveiled plans on Wednesday to hold up to a dozen auctions of offshore wind development rights through 2028, including four before the end of this year.The schedule will help companies, states and others plan for projects that require massive amounts of investment and infrastructure, the Interior Department said in a statement."Our offshore wind leasing schedule will provide predictability to help developers and communities plan ahead and will…

24 Apr 2024

Energy Transition: LNG Prices Plummet, Dual-fuel LNG Newbuilds Rise

Copyright Mike Mareen/AdobeStock

Demand for liquefied natural gas (LNG) to power ships will rise this year on attractive prices, while more dual-fuel vessels join the global fleet. Prices of LNG delivered as marine fuel at the world's largest bunker hub Singapore are at steep discounts of nearly $100 per metric ton compared with conventional 0.5% very low sulphur fuel oil (VLSFO), industry sources report.That is a far cry from record premiums of more than $1,000 a ton seen in September 2023, based on data from S&P Global Platts published on industry coalition SEA-LNG's website…