Transportation Solutions News

Hapag-Lloyd and Seaspan Corporation announced plans to retrofit and convert five 10,100 TEU containerships powered by conventional MAN S90 engines to dual-fuel engines capable of operating on methanol. Following the engine retrofit, the vessels will continue to be on long-term charter from Seaspan to Hapag-Lloyd.The vessels scheduled for retrofits are the Seaspan Amazon, Seaspan Ganges, Seaspan Thames, Seaspan Yangtze and Seaspan Zambezi. The retrofit is expected to take approximately 80-90 days per vessel starting in the first quarter of 2026.

Swire Projects, the projects and heavy lift shipping arm of Swire Shipping, has officially launched a dedicated semi liner service connecting East Asia with the West Coast of North America.Previously offered on an ad hoc basis, the service will provide enhanced cargo connectivity and support the growing demand for reliable breakbulk and project cargo transportation into the West Coast and a gateway to the interior of the Continent avoiding the need to route cargo via the Panama Canal.Swire Projects' semi liner service connects the base ports of Qingdao and Taicang in China and ports en route…

U.S. maritime companies Crowley and SEACOR Holdings' Seabulk Tankers have created a new joint venture that combines their liquid energy and chemical transportation vessels, operations and related services into a new, independent U.S. Jones Act service provider.The new company, Fairwater Holdings, will serve the U.S. domestic market with vessels and marine transportation solutions across the petroleum and chemical trades, as well as related third-party ship management services. It will include 20 oceangoing, articulated tug-barges (ATB) and 11 tankers, many under long-term charter.

Offshore wind vessel firm Purus Wind has appointed Oliver MacManus as general manager, with immediate effect.MacManus will focus on overseeing the running of the construction/service operation vessels (“C/SOV”) business. "The appointment is integral to positioning Purus Wind for future growth as the business continues to expand its fleet of next-generation battery hybrid C/SOVs and crew transfer vessels (“CTVs”)," Purus Wind said.Tom Nevin, business head, Purus Wind said: “Oliver is a great asset to the team, strengthening its leadership as the business continues to grow.

HD Hyundai Global Service, a ship service subsidiary of HD Hyundai Group, has announced that it has signed contracts with Cool Company (CoolCo), an owner and operator of LNG vessels, to retrofit five LNG carriers with reliquefaction units.The contract value is approximately US$10 million per vessel.A reliquefaction unit is a device used to re-liquefy the boiled off gas (BOG) generated during the operation of LNG cargo tanks, either returning the gas to the cargo tank or preventing natural evaporation using sub-cooled LNG.

Jeffersonville, Ind. based American Commercial Barge Line (ACBL) on Tuesday announced it has signed a contract with Belle Chasse, La. shipyard C&C Marine and Repair to build a 11,000 horsepower (HP) class towboat.Designed by Portland, Maine-based CT Marine, the twin-screw towboat will measure 198 feet long, with 50-foot beam and 12-foot depth. With accommodations for a crew of up to 12, the vessel incorporates a floating, spring-mounted superstructure for additional onboard comfort.

U.S. inland marine transportation and logistics solutions company American Commercial Barge Line (ACBL) announce it has hired Joel Gard as senior vice president of its newly established Interchange & Logistics business unit.With the associated realignment, ACBL is now comprised of three uniquely integrated strategic business units (SBU): Dry Cargo, Liquid Cargo and Interchange & Logistics.A veteran of the transportation and supply chain sector, Gard brings extensive experience in building and deploying technology to enhance traditional transportation models.

Jeffersonville, Ind. based American Commercial Barge Line (ACBL) announced it has signed a contract with Bayou La Batre, Ala. shipbuilder Steiner Construction Company for the design and construction of a new EPA Tier 4 retractable towboat.“Investing in our future is a key part of ACBL’s strategy. We are proud to introduce the first Tier 4 Mitsubishi engines to the marine industry,” said Mike Ellis, CEO,  ACBL. “The addition of this new Tier 4 retractable towboat represents our…

Marlink, a global provider of satellite and digital communication solutions, is implementing a fleet-wide migration of its smart managed network solution for offshore vessel operator Miclyn Express Offshore (MEO Group) to support its ongoing digitalization program. Under a contract of an undisclosed value, Marlink said it would outfit 102 MEO Group vessels with its Sealink VSAT solution, providing high throughput connectivity across the fleet, and enabling personnel on transfer and vessel crews to utilize connectivity for welfare purposes.

Canadian shipping company Algoma Central Corporation on Thursday announced it has acquired two 18,894 dwt product tankers. Built in 2007, the sister ships were purchased to prepare for the coming replacement of two older vessels in the company’s Algoma Product Tankers fleet.“The vessels are high quality additions to our Product Tanker fleet,” said Gregg Ruhl, President and CEO of Algoma, “and mark an important step in our on-going fleet renewal journey, which is expanding to include renewal within our tanker fleet.

Claus Gronborg has been appointed CEO of Maersk Product Tankers – one of the largest product tanker owners in the world.Gronborg takes over the leadership of Maersk Product Tankers on October 1 from Christian M. Ingerslev. Gronborg will remain Chief Investment Officer of Maersk Tankers and a member of the executive team.Ingerslev will continue as CEO of Maersk Tankers and become a member of the Maersk Product Tankers board of directors.As CEO of Maersk Product Tankers, Gronborg will be responsible for delivering the company’s fleet strategy…

REGENT announced it has received an Approval in Principle (AIP) from Bureau Veritas Marine & Offshore for its 12-passenger, fully electric, wing-in-ground effect (WIG) seaglider, the Viceroy. This AIP marks an important certification milestone for seagliders, offering a clear path for the vehicle’s classification as a wing in ground effect (WIG) maritime vessel and the commencement of commercial seaglider operations. REGENT currently has a backlog of $7 billion in provisional…

Cashman Equipment Corp. (CEC), global provider of ocean deck barges and marine equipment, has been awarded ISO Certification for its systems and processes under ISO 9001:2015. CEC’s ISO 9001:2015 certificate (#US017132) was issued by Bureau Veritas Certification (BV).ISO 9001:2015 is a globally recognized quality management standard developed and published by the International Organization for Standardization (ISO). This standard is based on several quality management principles including a strong customer focus…

Classification society DNV said it awarded an approval in principle (AIP) certificate to Shanghai Merchant Ship Design and Research Institute (SDARI) for its ammonia-fueled 7,000 CEU car carrier design.Ammonia is emerging as a promising alternative fuel option for shipping to help reduce greenhouse gas emissions.SDARI's new ammonia-fueled pure car and truck carrier (PCTC) design is said to be the first from China. It design contains other clean features such as Shore Power, Battery/Hybrid, and NOx Tier III, to minimize emissions.

Will Roberts joined Seattle-based Foss Maritime in 2017 as chief commercial officer, and in 2018 he was named chief operating officer. Prior to joining Foss, Roberts held a number of leadership roles for marine systems and services provider Rolls-Royce, rising to senior vice president, customer and services–Americas. A U.S. Navy veteran, Roberts served as a qualified deck and engineering officer aboard the fast attack submarine USS Honolulu. He graduated from the U.S. Naval Academy with a degree in ocean engineering and holds a Master of Engineering Management from Old Dominion University.

Russian shipping firm Sovcomflot and oil firm Gazprom Neft have signed an agreement to develop innovative technologies and use low-carbon fuels in maritime transport.The document was signed by Igor Tonkovidov, President and CEO of Sovcomflot, and Alexander Dyukov, Chairman of the Management Board, CEO, Gazprom Neft.The agreement defines that the two Russian companies will seek cooperation opportunities in the reduction of ship emissions and reinforcement of safety and efficiency…

Memphis, Tenn.-based Southern Towing Company (STC) said Tuesday it has acquired family-owned Devall Towing, in a deal that expands STC’s towing operations into specialty chemical products.Headquartered in Sulphur, La., Devall is a towboat and barge operator for specialty chemicals along the Gulf Intracoastal Waterway and Lower Mississippi River, operating 36 towboats and 125 liquid tank barges.The combination of Devall’s operations with STC’s upriver capabilities allows Devall and STC to provide integrated marine transportation solutions across the Gulf Intracoastal and U.S.

The State of Alabama and the U.S. Army Corps of Engineers entered into the Project Partnership Agreement twio deepen and widen the Port of Mobile to 50 feet in late 2024 or early 2025.Colonel Sebastien P. Joly, Commander of the Mobile District, and John C. Driscoll, Director and Chief Executive Officer of the Alabama State Port Authority, signed the agreement, which allows the Corps of Engineers will move into contracting and construction phases of the approximately $365.7 million project…

On September 24, 2019, the Board of Directors of PAO Sovcomflot elected Sergey Frank as its new Chairman. Igor Tonkovidov was appointed as the company's new Chief Executive Officer. Both appointments are with immediate effect.The meeting was attended by Maxim Akimov, Deputy Prime Minister of Russia, who noted in his address: "Through consistent implementation of Sovcomflot's Strategies 2005-2011 and 2012-2018, the company has transformed itself into a global leader in energy shipping and offshore services. Over the past 15 years, Sovcomflot fleet has grown more than threefold.

Norwegian shipowner Ocean Yield ASA has agreed to acquire Navigator Aurora, a 37,300 cbm ethylene gas carrier owned by Navigator Gas.According to agreement, the ship will be purchased for a total consideration of USD 69.75 million net of a seller’s credit, with a 13-year bareboat charter to a company 100% owned and guaranteed by Navigator Holdings - Navigator Gas.The vessel is expected to be delivered to the Company during October 2019. Navigator Gas has certain options to acquire the vessel during the charter period. The transaction is subject to final documentation.The vessel, Navigator Aurora, is a 37,300 cbm ethylene gas carrier that was built in 2016.

The shipping transportation solutions provider Neptune Lines is making an important investment in scrubbers with 10 units installed until Q1 2020.Denmark-based ME Production (MEP), a player in marine technologies solutions for marine equipment and energy markets, was selected to supply the units while the first two installations were successfully completed in Odessos shipyard in Varna and commissioned shortly after.By fitting these MEP systems, the ships will be compliant with the International Maritime Organization’s SOx regulations, which is coming into force in 2020 and represent the most far reaching, fundamental change in worldwide…

CMB Financial Leasing (CMBFL) sign a $415.6 million sale and lease back transaction of 20 chemical tankers with Stolt Tankers, a UK-based provider of transportation and storage for liquids, notably specialty and bulk liquid chemicals, the proceeds of which were used to refinance certain debt secured on the vessels.Watson Farley & Williams (WFW), the international law firm based in London, has advised on this transaction. The leases were of a hybrid nature combining elements of both financial and operating leases.Founded in 2008, Shanghai-based CMBFL provides financial leasing solutions to large, medium and small businesses across China.

Seabulk Towing Holdings Inc., a subsidiary of SEACOR Holdings Inc., announced it is participating in a U.S.-based carbon offset project to neutralize carbon emissions from the physical operation of its harbor tugs in 2020.Daniel Thorogood, chief executive officer of Seabulk, said the company’s investment in an accredited carbon offset program is an initial step toward longer-term solutions that improve or eliminate direct emissions from its equipment. Seabulk, through its affiliates…