Technology Projects News

Maritime software provider Sea and Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping have formalized their collaboration by signing a Knowledge Partnership Agreement. With the agreement, Sea and the Center become official partners, committing to a long-term strategic collaboration and contribution to accelerate the decarbonization of the maritime industry.Sea, a technology spin-off from the Clarksons Group, will be providing access to its pre-trade intelligence and analytics tool that processes over 68.7 billion AIS data points annually with in-house derived insights…

Volvo Penta and CMB.TECH announced they are working together to accelerate the development of dual-fuel hydrogen-powered solutions for both on land and at sea applications.CMB.TECH owns, operates, and designs large marine and industrial applications powered by hydrogen and ammonia – fuels that it both manufactures and supplies to its customers. Volvo Penta is a manufacturer of engines and complete power systems for boats, vessels and industrial applications. The companies have…

As part of a $175M grant for 68 novel clean energy technology projects from the U.S. Department of Energy, these four offer promise in helping the maritime industry meet its decarbonization goals.Makai Ocean Engineering – Waimanalo, HIRemotely Installed Anchorages for Floating Offshore Wind and Other Offshore Renewables Cost Reduction -$849,951The Makai Ocean Engineering (Makai) team will develop novel mooring and anchoring methods to reduce the costs of offshore renewable energy.

The Getting to Zero Coalition’s updated Mapping of Zero Emission Pilots and Demonstration Projects uncovers emerging trends, sees a strong climb in the number of identified projects as well as increased activities in Asia.The 'fuel of the future' debate is one of the hottest topics in maritime circles, as shipowners eye ever tightening emission regulations through 2050. While there is no 'silver bullet' solution, the Getting to Zero Coalition’s biannual Mapping of Zero Emission Pilots and Demonstration Projects outlines the spread and scope of existing zero emission projects…

Wison Offshore and Marine's standardized 1.3MTPA and 3.0MTPA floating liquefied natural gas (FLNG) designs have received Approval in Principle from the American Bureau of Shipping (ABS).ABS Vice President, Global Gas Solutions, Patrick Janssens said： “ABS has been the preferred classification organization for the offshore and energy industry for more than 60 years. With increasing global concern for the environment, clean gas-based energy plays an integral role within that framework.

The Equinor Board of Directors appointed Anders Opedal as its new president and CEO starting November 2, 2020. Eldar Sætre will retire after six years as CEO and more than 40 years in the company.Opedal ascends to the top spot coming from the position as Executive Vice President Technology, Projects and Drilling. He joined Equinor as a petroleum engineer in 1997, spent many years in Drilling and Well and served as Chief Procurement Officer. In 2011, he was chosen to lead Equinor’s approximately NOK 300 billion project portfolio.

ABS has announced that it has awarded approval in principle (AiP) to Samsung Heavy Industries (SHI) for its innovative X-Reli LNG Boil Off Gas Expander – part of SHI’s Expansion Re-Liquefaction System.According to the statement from the South Korean shipbuilder the X-Reli system is optimized for low and medium pressure application, which SHI says offers increased efficiency and reliability over existing high-pressure re-liquefaction systems.“Re-liquefaction is a useful capability for owners and operators, offering increased flexibility and the potential to maximize cargo delivery. The ability to operate this at low or medium pressure reduces barriers to adoption of the technology and ABS is proud to be able to facilitate this…

Kalmar, part of Cargotec, has announced that it will supply 25 Kalmar Hybrid Shuttle Carriers to the Port of Virginia, a growing, deep water port on the U.S. East Coast.The $23 million (USD) order was booked in Cargotec's 2019 Q3 order intake, and represents the exercising of a contract option for further units that was agreed upon in 2017. Delivery of the new machines is scheduled to be completed by the end of July 2020.The new units will be delivered to Norfolk International Terminals (NIT), which is the port’s largest terminal and capable of handling the biggest vessels in the Atlantic trade. The next-generation Kalmar Hybrid Shuttle Carrier features a robust new mobile drive…

he UK Government has granted £2.3 millon ($2.85 million) for the development of new maritime technology that will cut shipping emissions.The funding, part of the government’s clean maritime plan, was announced by the Department for Transport (DfT). Maritime Minister Nusrat Ghani has committed an additional £1 million for new shipping technology projects through MarRI-UK, a consortium of maritime organizations. MaRI-UK has already been allocated £1 million for clean maritime projects in their early stages.Minister Ghani stated: “The UK continues to lead the way on the global stage…

Britain is set to become a global hub for low-carbon maritime technology, thanks to new government funding.Maritime Minister Nusrat Ghani has committed a further GBP1 million to fund new shipping technology projects through MarRI-UK, a consortium of leading maritime organisations."MarRI-UK has already allocated £1 million to support early stage clean maritime projects. Today government is announcing a further £1 million for technology and innovation projects, boosting the wealth of maritime knowledge that exists in the UK to build an industry fit for the future," said a government release.Nusrat Ghani said: "The UK continues to lead the way on the global stage…

Kirby Corporation (“Kirby”) (NYSE: KEX) has announced net earnings attributable to Kirby for the second quarter ended June 30, 2019 of $47.3 million, or $0.79 per share, compared with earnings of $28.6 million, or $0.48 per share, for the 2018 second quarter. Excluding a one-time charge related to the retirement of Kirby’s Executive Chairman, 2018 second quarter net earnings attributable to Kirby were $46.8 million, or $0.78 per share. Consolidated revenues for the 2019 second quarter were $771.0 million compared with $802.7 million reported for the 2018 second quarter.David Grzebinski…

The International Maritime Organization (IMO) has launched a joint project with Norway to help the shipping industry cut emissions by at least 50 percent from 2008 levels by 2050, the UN's shipping agency said on Monday.The Norwegian government is providing 10 million NOK ($1.1 million) for the first two years of the GreenVoyage-2050 project, and additional funding subject to government approval for 2020 and subsequent years.The scheme aims to bolster government and port efforts to achieve emissions cuts through legal and policy reforms, national action plans, private sector partnerships and n

Kirby Corporation announced net earnings attributable to Kirby for the first quarter ended March 31, 2019 of $44.3 million, or $0.74 per share, compared with earnings of $32.5 million, or $0.54 per share, for the 2018 first quarter. Excluding certain one-time charges, 2018 first quarter net earnings attributable to Kirby were $37.9 million, or $0.63 per share. Consolidated revenues for the 2019 first quarter were $744.6 million compared with $741.7 million reported for the 2018 first quarter.David Grzebinski…

Kirby Corporation announced a net loss attributable to Kirby for the fourth quarter ended December 31, 2018 of ($24.4) million, or ($0.41) per share, compared with earnings of $231.3 million, or $3.87 per share, for the 2017 fourth quarter. Excluding certain one-time charges, 2018 fourth quarter net earnings attributable to Kirby were $44.9 million, or $0.75 per share. Consolidated revenues for the 2018 fourth quarter were $721.5 million compared with $708.1 million reported for the 2017 fourth quarter.For the 2018 full year…

The Carbon Trust's Offshore Wind Accelerator (OWA)  issued a Request for Information (RFI)  on the potential to reduce emissions and fuel consumption in offshore vessels. OWA plans to start a new industry competition next month.The RFI is the first stage in the competition that will have an estimated funding envelope of circa GBP 400,000.The results from the RFI will help gauge the current interest and development levels, and assist efforts to tailor the competition to best suit industry needs.The initial focus will be on systems, subsystems and technology that support the operation of Crew Transfer Vessels (CTV), however the industry’s…

Norwegian minister of petroleum and energy Kjell-Børge Freiberg cut the first sheet for the topside of the Johan Castberg floating production, storage and offloading unit (FPSO) at Kværner's yard at Stord on Wednesday as part of a large scale  project triggering ripple effects throughout Norway.The topside will be installed on the 200-meter long FPSO vessel that will be producing on the Johan-Castberg field for 30 years from the planned production start in 2022.The field development concept includes a FPSO vessel and extensive subsea development…

Equinor is signing collaboration agreements with Aker Solutions and TechnipFMC for subsea equipment and services on the Norwegian continental shelf (NCS) and internationally.For several decades, the subsea segment has been central in developing Equinor and the NCS. Equinor is operating close to 600 subsea wells, which account for a considerable share of the company’s total production. Norwegian supplier industry is in the forefront of subsea technology, development and operation.“We are building on many years of good cooperation with two world-leading suppliers in the subsea segment. Together with TechnipFMC and Aker Solutions we aim to further develop current solutions and keep up the pressure on continuous improvements that enables future profitable projects…

ABS held its Annual Meeting on April 26, 2016 in New York, where Chairman, President & CEO Christopher J. In 2015, the ABS-classed fleet surpassed 230 million gross tons (mgt), a nearly five percent growth from the previous year. The largest areas of expansion for the class society came from the tanker, gas carrier, containership, bulk carrier, offshore support vessel and offshore production unit sectors. In total, more than 841 new assets entered the ABS-classed fleet, bringing its total to 12,614 assets.

ABS has granted Approval in Principle (AIP) to Hyundai Heavy Industries (HHI) floating liquefied natural gas (FLNG) hull design. ABS and HHI collaborated with the objective of developing a technically feasible and class compliant FLNG hull design, using the latest industry trends while maintaining high safety standards. The ABS AIP demonstrates the design substantially complies with Class and Regulatory requirements and minimizes risk to project schedules and safe operations, giving regulatory agencies and other key stakeholders confidence in the design. “ABS has a strong history of collaborating with the offshore industry to evaluate novel designs that enable industry efficiency,” says ABS Executive Vice President, Global Offshore Ken Richardson.

Norway’s newest autonomous shipping test site is now officially open and ready to support the development of high-tech autonomous maritime solutions. Building on Norway’s leading position within the burgeoning autonomous shipping segment, the new test-bed in Horten is designed to offer Norwegian and international organizations a convenient, safe, non-congested space to trial new technology and vessels as the third of its kind in the country and the fourth such approved area in the world.

To further enhance its research capabilities Eco Marine Power announced today that it will begin using the Neural Network Console provided by Sony Network Communications Inc., as part of a strategy to incorporate Artificial Intelligence (AI) into various ongoing ship related technology projects including the further development of the patented Aquarius MRE (Marine Renewable Energy) and EnergySail. The Neural Network Console is an integrated development environment using deep learning for AI creation and has been used in deep learning applied technology development within Sony since 2015. Various functions are included such as recognition technology and a full-fledged GUI (graphical user interface) and these allow for deep learning programs to be developed.

Established in 2007, Alternative Marine Technologies (Amtech) has been a leader in design and construction of alternative energy propulsion solutions aboard several series of vessels, built both domestically and abroad. With 23 employees, the firm continues to grow. Alternative Maine Technologies has been employed as the construction manager for myriad cutting edge marine technology projects. For example, AMT delivered the first Hybrid propulsion research vessel, is currently building the first LNG bunker vessel in the United States and is also now building six 25…

Statoil’s proposed impact assessment programme for the Johan Castberg project reveals that the project will be important to Norwegian industry and have strong ripple effects. During our improvement work we have created new opportunities for the Johan Castberg field in the far north. We have changed the concept and found new solutions that allow us to realise the project. But we are still vulnerable to increasing costs and a continued low oil price,” says Margareth Øvrum, executive vice president for Technology, Projects and Drilling in Statoil. The proposed impact assessment programme is an essential part of the preparations before a final development plan for Johan Castberg is submitted in 2017, according to schedule.