First of Five Maersk Tankers’ Vessels Fitted with bound4blue Suction Sails (Video)
Wind propulsion specialist bound4blue has completed the first installation under its agreement with Maersk Tankers, fitting four 24-meter eSAIL suction sails on the medium-range tanker Maersk Trieste as part of a wider fleet retrofit program.The installation marks the first phase of a contract agreed in December 2024 covering 20 eSAIL units across five Maersk Tankers MR vessels, representing bound4blue’s largest order to date.The four eSAIL units were installed at EDR Shipyard in Belgium following preparatory work carried out at Yiu Lian Shipyard in Shenzhen, China.
800-Ton Goliath Crane Takes Shape in Port of Chioggia
Italy’s Cimolai Technology reached a major construction milestone on one of the largest crane projects currently underway in Europe, completing the lifting and erection of the main girder of the first of two massive 800-ton rail-mounted Goliath cranes at the Port of Chioggia.The lift, carried out at Cimolai Technology’s Chioggia facility in the Val da Rio port area, marks the conclusion of a critical technical phase in a complex, international heavy-engineering project. Once completed…
DFDS to Sell Freight Ferry for Fleet Optimization
DFDS has entered an agreement to sell the freight ferry (RoRo) Cappadocia Seaways as a part of DFDS’ ongoing fleet optimization.After more than 23 years of service, DFDS is selling the freight ferry Cappadocia Seaways, following an evaluation of DFDS’s current and future capacity needs across its network.The ferry has been a part of DFDS’ fleet operating in the Mediterranean network. In its place, DFDS will deploy Selandia Seaways which is a 197m long freight ferry with a capacity up to 2…
Ice “Memory” to be Protected in Antarctica
The Ice Memory Foundation is preparing for the upcoming transport of ice cores from mountain glaciers to the Ice Memory Sanctuary in Antarctica.The announcement was made as part of the launch of the UN Decade of Action for Cryospheric Sciences (2025-2034) during the third UN Ocean Conference in Nice on June 8.Preserved in the Ice Memory Sanctuary at Concordia Station, the cores will be available for study by future generations of scientists.The first Ice Memory alpine ice cores – extracted between 2016 and 2023 – will leave the laboratory cold rooms of the CNR-ISP in Italy in October.
Fincantieri Marinette Marine Hosts University of Wisconsin Chancellor
Officials at Fincantieri Marinette Marine hosted University of Wisconsin-Madison Chancellor Jennifer L. Mnookin and members of her team on May 2 in the Marinette shipyard, 50 miles north of Green Bay.The purpose of the visit was to update the chancellor on the international internship program Fincantieri started last year with engineering students at University of Wisconsin–Madison.FMM’s leader, Jan Allman, was joined by Fincantieri Marine Group CEO, Marco Galbiati, and together…
Grimaldi Takes Delivery of Hybrid Short-Sea Ro-Ro
Shipyard Jinling in Nanjing (China) has delivered the Eco Napoli, the last of 14 ships in the Grimaldi Green 5th Generation (GG5G) class, which includes the world’s largest and most eco-friendly ro-ro vessels for short-sea shipping.The Italian-flagged Eco Napoli has a length of 238 meters, a beam of 34 meters, a gross tonnage of 67,311 tonnes and a service speed of 20.8 knots.Compared to the company’s previous ro-ro series, the new ship can accommodate double the load on its seven decks (two of which are hoistable).
Fincantieri Lifts Full-Year Revenue Outlook to Above $8.43B
Italian shipbuilder Fincantieri on Thursday raised its full-year forecast on revenue to "above" 8 billion euros ($8.43 billion), from "about" previously indicated, boosted by all business segments.The Trieste-based vessel maker reported a nine-month core profit (EBITDA) a 19% rise to 328 million euros, while its January to September revenue stood at 5.58 billion euros, up 3.7% yearly.Fincantieri's nine-month order intake totalled 8.5 billion euros, more than double the orders acquired in the same period last year.($1 = 0.9489 euros)(Reuters - Reporting by Romolo Tosiani; Editing by David Evans
DFDS Debuts Ferry Service Between Italy and Egypt
DFDS launched a new direct ferry service between Damietta, Egypt and Trieste, Italy, integrating Egypt into its service network for the first time and launching the first freight ferry service between these markets in around a decade.“The new route aligns perfectly with our commitment to organic growth and solidifies our strong presence in the Mediterranean region," said Mathieu Girardin, Head of Ferry Division, DFDS. "The service not only expands our network but also enhances…
North Sea Floating Oil Storage Jumps to Highest Since Early 2022
Trader Gunvor and French major TotalEnergies have stored North Sea crude in at least four tankers in the past month as on-water stockpiling of the grades hits a 2-1/2 year high, a fresh sign of weak appetite for oil from refiners.At least 2.6 million barrels of North Sea crude grades Forties and Gullfaks have been put in floating storage in Europe, the highest volume since January 2022, according to data from analytics firm Vortexa.Physical oil markets have weakened globally in recent weeks…
Saipem and Fincantieri Form Subsea Alliance
Saipem and Fincantieri have signed a memorandum of understanding (MoU) to evaluate commercial and industrial opportunities for cooperation in the field of autonomous subsea vehicles (AUV) and their integration with surface and underwater units.The MoU is among the initiatives aimed at promoting and developing Italy’s national excellence in the underwater sector.The agreement aims to enable the two companies to participate in major programs in the Italian and international markets in the area of surveillance and control of critical underwater infrastructure and rescue activities…
MSC's New 24,000 TEU Containership Named in Italy
Mediterranean Shipping Company (MSC) on Monday held a naming ceremony for its new ultra large containership MSC Nicola Mastro in Intaly's Port of Trieste.The 400-meter-long 24,116 TEU newbuild was built by China State Shipbuilding Corporation's Jiangnan Shipyard as part of MSC's new record-breaking Celestino Maresca class, among the world's largest containerships. "At MSC, we continue to modernize our fleet and are investing in the most fuel-efficient vessels by design. The MSC Nicola Mastro is one of those vessels…
Fincantieri H1 Net Loss Shrinks to €22 Million
Italian shipbuilder Fincantieri posted a first-half net loss of €22 million ($24.35 million) shrinking it from €234 million a year ago, helped by one-off items of €33 million, the group said on Wednesday.The Trieste-based vessel maker reported a half-year backlog at 22 billion euros, with 88 ships to be delivered up to 2029."The core business has an encouraging outlook, with the cruise sector fully recovered in its long-term growth path, potential new opportunities in defence both in Italy and abroad, and the offshore renewable energy mainstream," Chief Executive Pierroberto Folgiero said."We
In Memoriam: E. John Michel, MRCM (DV) USN (Ret), Chief-of-the-Boat, Bathyscaph Trieste
REMEMBERING MY SHIPMATE JOHN MICHELWe met in January 1959 when I became the first Officer in Charge of the Navy’s newly acquired Bathyscaph Trieste and John was the first USN enlisted man to be assigned to the project. We were based at the Naval Electronics Laboratory in San Diego. Trieste was unique as there were only two deep diving manned submersibles in the world. The French Navy had the other. Our team learned about the bathyscaph more by ‘apprenticeship’ than through any sort of formal learning process.
LSS Vulcano Delivered to the Italian Navy
The Italian Navy has taken delivery of the newly built logistics support ship LSS Vulcano from Fincantieri's Naval Integrated shipyard in Muggiano, Italy.The 193-meter LSS Vulcano is part of the FLOTLOG (Flotte Logistique) program, which includes the construction of four LSS destined to the French Navy, by the temporary consortium between Chantiers de l’Atlantique and Naval Group under the Italian-French LSS Program led by OCCAR (Organization for Joint Armament Cooperation). The construction of the forward sections of these ships has been commissioned to Fincantieri…
European Refiners Leave Oil Cargoes On Water
A growing number of oil tankers across Europe have been unable to unload their cargo over the past month as refining demand crashes, turning them into de facto floating storage, according to shipping data and trading sources.European refineries have had to cut runs after measures put in place to contain the coronavirus outbreak crushed fuel demand.More than 25 tankers with roughly 18 million barrels onboard were anchored near European ports, with most them already there for over a week as of Thursday…
MSC Will Resume Cruises on August 16
Switzerland-based MSC Cruises announced Monday that it will resume "full-experience" cruise operations on select ships in the Mediterranean starting from mid-August.The cruise lines flagship MSC Grandiosa will sail in the West Mediterranean from August 16 and MSC Magnifica in the West Mediterranean from August 29. The ships will be the first to implement a new health and safety protocol that has been approved by the relevant national authorities along the ships’ itineraries.Pierfrancesco Vago…
Trieste: 60th Anniversary of Deepest Dive
Plunging into the deep, dark abyss of the Pacific Ocean’s Mariana Trench, U.S. Navy Lt. Don Walsh and Swiss engineer Jacques Piccard heard a loud cracking sound in their vessel—the bathyscaphe Trieste, which the Office of Naval Research (ONR) purchased for scientific observations.Already 30,000 feet below sea level, Walsh and Piccard faced the ultimate decision—risk their lives to become the first people to travel to the deepest part of the ocean, the Challenger Deep, or return to safety.The crack had scarred one of Trieste’s outer plexiglass panels.
Greek Island Corfu Welcomes First Cruise Ship of New Season
The Greek island of Corfu welcomed its first cruise ship of the new season on Tuesday, hoping much awaited tourists will help salvage losses incurred during 2020 due to the coronavirus.Corfu port authorities said some 600 tourists from countries including Italy, France and Germany were on board the Costa Luminosa, operated by Italy's Costa Cruises, and all safety measures were being adhered to in the port.Some of the passengers expressed their delight at being able to travel again."It's freedom, enjoying life, you really feel much better. You're not in prison anymore, you're free and that really does you good," said French tourist Robert Maran from Lyon.Greece opened its doors on Saturday to tourists from the EU and other key markets such as the United States…
Wartsila to Slash Up to 450 Jobs in Italy
Wartsila will scale down its manufacturing in Trieste, Italy, in a move that might involve about 450 job cuts, the Finnish engineering group said on Thursday.Wartsila said it plans to centralize its 4-stroke engine manufacturing in Vaasa, Finland, while its Trieste site will focus on research and development, among other activities.(Reuters - Reporting by Boleslaw Lasocki; editing by Jason Neely)
Carnival's Shares Surge as Costa Cruises Prepares to Sail
Carnival Corp’s shares surged 11% on Thursday after its Italian brand Costa Cruises said two of its ships would resume sailing this weekend, with more to follow.Cruise companies, among the worst hit by the COVID-19 pandemic, were forced to halt voyages for months after ships in Japan, Australia and California made headlines because of large numbers of infections onboard.So far this year, Carnival’s shares have lost nearly two-thirds of their value, while peer Royal Caribbean Cruises Group has lost about 45% and Norwegian Cruise Line Holding Ltd about 67%.Shares of Royal Caribbean were up 6% an
Fincantieri Inks Deal to Support Daewoo in Aircraft Carrier Design
Fincantieri signed a contract with Daewoo Shipbuilding & Marine Engineering (DSME) to support the Conceptual Design of the new class of aircraft carriers “CVX” for the Navy of the Republic of Korea (South Korea).The program relating to the first-in-class unit envisages the tender for the Basic Design starting from the second half of 2021, whereas the detail design and construction will begin in the following years.The signing took place between Jung Woo Sung, Vice President Naval & Special Ship Marketing Division of DSME…
Hull of Seabourn Venture Arrives in Genoa for Final Outfitting
The hull of ultra-luxury expedition ship Seabourn Venture has been transferred from Trieste to Genoa, where the newbuild will undergo final outfitting ahead of its scheduled launch in December. The hull, with its superstructures built up to deck 9, was built at T. Mariotti and Cimolai's CIMAR shipyard in San Giorgio di Nogaro. The new ship was floated out in Trieste on March 30 and arrived in Genoa on April 10 following the 1,200 mile voyage.Already equipped with engines, generators and the main equipment of the engine room…
Wärtsilä to Launch Two-stroke Future Fuels Conversion Platform
Finnish technology group Wärtsilä said it is set to launch a new engine combustion technology platform designed to enable the "fast and cost-effective" conversion of two-stroke main engines to operate on clean-burning future fuels.The company's Two-Stroke Future Fuels Conversion platform is due for commercial launch during the first quarter of 2022, as the maritime industry continues to work toward decarbonized shipping operations.The retrofit conversion will initially enable operation with liquefied natural gas (LNG) fuel…