Two Companies News

2024 marks 50 years of ship design work for Kongsberg Maritime. From setting the benchmark that set the standard for offshore supply vessels in the 1970s, to advanced anchor handlers that transformed the oil and gas industry, and a growing reference list in fishery and merchant ships, Kongsberg Maritime’s range of ship designs has continued to evolve over the past five decades.The early 1970s, at the dawn of the offshore oil and gas industry, saw the very first vessels, designed…

As part of its ongoing Aquarius Eco Ship Project, Eco Marine Power and Nakashima Propeller will explore the further use of carbo-fiber reinforced plastic (CFRP) and glass-fiber reinforced plastic (GFRP) for ship structures and other maritime applications.Eco Marine Power will also investigate the use of CFRP propellers to improve energy efficiency and reduce underwater noise created by ship propulsion systems.CFRP & GFRP are composite materials that can offer a versatile and efficient solution for a range of ship structures by providing a balance of strength…

The Maritime and Port Authority of Singapore (MPA) has launched the first pilot trial for electric harbor craft charging point at the Marina South Pier (MSP).The charging point was awarded to the Pyxis Energy, Pyxis Maritime, and SP Mobility partnership. Pyxis’s fleet of electric harbor craft operating at MSP will serve as the base offtake to ensure optimization of the charging infrastructure.The Pyxis and SP Mobility partnership has deployed a 150kW land-based direct current fast charger with a Combined Charging System 2 connector at MSP.

Damen Naval has contracted RENK to supply the gearbox systems for the new anti-submarine warfare (ASW) frigates.The Dutch shipyard is building four new frigates, two each for the Royal Netherlands Navy and the Belgian navy.The contract includes eight gearboxes that are part of the CODLAD (COmbined Diesel-eLectric And Diesel) propulsion system.RENK's Dutch subsidiary Schelde Gears will provide support in design and service activities.The first gearboxes are due to arrive for installation in October 2025…

NYK and Japan Marine United Corporation (JMU) have joined forces to develop a method for estimating a ship’s performance in actual seas before construction is completed.The aim of the two companies is predict a vessel's performance in actual seas before the conclusion of a shipbuilding contract and aid in the reduction of GHG emissions by procuring highly fuel-efficient vessels.In conventional shipbuilding contracts, the guaranteed speed is set and agreed based on the relationship between the ship's speed and horsepower in calm waters…

Esgian reports fresh finds confirmed in Guyana, China and Norway in its Week 12 Rig Analytics Market Roundup.Report Outline:ContractsDolphin Drilling has announced the award of a $154 million drilling contract from India's exploration and production company, Oil India Limited (Oil India), to the 6,000-ft semisub Blackford Dolphin.Malaysian offshore drilling firm Velesto confirmed Friday it had recently secured long-term contract extensions for three of its jackup rigs with Petronas Carigali…

Japanese trading house Itochu Corp will study joint ownership and operation of ammonia-fueled ships with Taiwan's U-Ming Marine Transport Corp, Itochu said in a statement, as Japan is bets on ammonia to cut emissions.The shipping industry transports about 90% of world trade, and accounts for nearly 3% of the world's carbon dioxide emissions; and installing ship engines that burn cleaner fuels could help slow global warming trends.The IMO has set a target of net-zero greenhouse gas emissions by around 2050…

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…

SCHOTTEL is to equip six new ASD tugs of the Turkish Med Marine Group with the SCHOTTEL RudderPropeller (SRP). The new vessels will be built by Med Marine’s Ereğli Shipyard and will be available in 2025 to meet the constantly growing demand for Med Marine tugs. A total of 12 SCHOTTEL RudderPropellers in the SRP 360, SRP 430 and SRP 490 series will be built for the new vessels by the German manufacturer of marine propulsion systems. The new tugs will cater for a range of different bollard pull requirements in the 50-…

Damen Shipyards and Saab have agreed to export the advanced expeditionary C-71 submarines, which have been developed for the Royal Netherlands Navy to replace the current Walrus class.The agreement doubles the long-term prospect of employment and income for the Netherlands Naval Cluster with the replacement of the Walrus submarines by Saab-Damen.Saab and Damen have been working together since 2015 to build, modernize, and maintain the new expeditionary submarine for the Royal Netherlands Navy.The two companies have now also agreed to offer their advanced expeditionary submarines to Canada…

MAN Energy Solutions and China Classification Society (CCS) signed a sub-agreement in line with the Strategic Framework Agreement (SFA) the two parties previously agreed in September 2023 in Beijing. The SFA, on ‘Decarbonization and Digitalization in the maritime industry’, is scheduled to last for five years.The new sub-agreement – the third such between the companies – covers MAN Energy Solutions’ new MAN L21/31DF-M (Dual-Fuel Methanol) GenSet designed at the company’s Danish site in Holeby.

The United States targeted Iranian and Houthi commanders and a vessel that shipped more than $100 million in Iranian commodities to businesses in China in sanctions announced on Tuesday.Mohammad Reza Falahzadeh, deputy commander of Iran's Islamic Revolutionary Guard Corps-Qods Force (IRGC-QF), and Ibrahim al-Nashiri, a member of Yemen's Houthi militia, were designated under the sanctions, the Treasury Department said.The Iranian military has provided weapons and intelligence support to the Houthis that support the group's attacks on international shipping in the Red Sea…

Global container shipping line Evergreen Marine Corporation has signed a memorandum of agreement (MOA) with X-Press Feeders, the world’s largest independent common carrier, to place its containers on X-Press Feeders’ new dual fuel green methanol vessels. X-Press Feeders is planning to run these vessels on green methanol and operate them within Europe.The two companies moreover will work together to launch a feeder network, which will be the first in Europe to be powered by green methanol.Initially…

INEOS Forties Pipeline System (FPS) has selected Liebherr for the supply of a new Ram Luffing (RL) series offshore crane for its Unity Platform in the UK North Sea.After more than 30 years of service, the currently installed RL crane on the Unity Platform has run its course, and will be replaced by Liebherr’s RL 650 technology.The RL 650 crane, said to be particularly suitable for a Not Permanently Attended Installation (NPAI), will fulfil all material handling for the offshore platform…

Danish vessel owner Esvagt has secured a service contract with Vestas for Ecowende’s Hollandse Kust (west) offshore wind farm in the Netherlands, and started the process of designing and building the new service operation vessel (SOV).The newbuild will be the sixth purpose-built SOV for Vestas, reaffirming the partnership between the two companies that have been cooperating since 2010.The Hollandse Kust (west), developed by Ecowende - a joint venture between Shell and Eneco, will consist of 52 offshore wind turbines with a combined capacity of over 760MW.

Shipping industry majors Hapag-Lloyd and Maersk have signed an agreement for a new long-term operational collaboration called ‘Gemini Cooperation’, which will start in February 2025.The ambition is to deliver a flexible and interconnected ocean network with industry-leading reliability.The new cooperation between the companies will comprise a fleet pool of around 290 vessels with a combined capacity of 3.4 million containers (TEU). Maersk will deploy 60% and Hapag-Lloyd 40%, the shipping giants said.As a part of the agreement…

The Maritime and Port Authority of Singapore (MPA) has selected companies that will pilot their vessel charging concepts in Singapore.The selection follows the call for proposal (CFP) by MPA in August 2023 to develop, operate, and maintain e-HC charging points in Singapore.From 12 proposals received, MPA selected Pyxis Energy, Pyxis Maritime, and SP Mobility partnership’s proposed concept for trials at Marina South Pier. In addition, MPA picked Seatrium’s and Yinson Electric’s concepts for further development prior to testing.Pyxis Energy…

Qatar-based energy shipping company Nakilat has placed orders to with Hyundai Samho Heavy Industries (HSHI) of South Korea for the construction of six new LNG and LPG carriers.The order includes two LNG carriers with a cargo capacity of 174,000 cubic meters each and four very large LPG/ammonia gas carriers, with a substantial cargo capacity of 88,000 cubic meters.The vessels are set to be delivered between 2026 and 2027, Nakilat said.Upon delivery, Nakilat's LNG fleet will expand to 71 vessels…

COLI Group’s subsidiary Asia Break Bulk (Singapore) has entered a strategic partnership with CSL Shipping (China) to market CSL’s multi-purpose carrier Jian Yang Hua Qing.The vessel has 2 x 250mt cranes for loading breakbulk, heavy lift and project cargo and is already active for both companies.Felix Peinemann, Managing Director of the COLI Group, said the partnership will expand our footprint in the multi-purpose (MPP) market. “COLI is steadily expanding its activities to offer clients more sailing possibilities and increase its footprint in the Chinese market.

MODEC and Toray Industries have jointly developed a carbon fiber-reinforced plastic (CFRP) patch technique for repairs on Floating Production, Storage and Offloading (FPSO), and Floating Storage and Offloading (FSO) systems.FPSO and FSO repair services provided by MODEC, a general contractor specializing in engineering, construction, operation, and maintenance services of offshore oil and gas vessels, will utilize this CFRP patch technique for pitting corrosion repair from 2024.The American Bureau of Shipping (ABS)…

Dry bulk shipping companies Star Bulk Carriers and Eagle Bulk Shipping have reached a deal to merge in a $2.1 billion all-stock deal.The terms of the definitive agreement have received unanimous approval from the boards of directors of both New York-listed ocean carriers, and the companes expect the deal to close in the first half of 2024 following approvals from regulators and Eagle shareholder.Eagle shareholders will receive 2.6211 shares of Star Bulk common stock for each share of Eagle common stock owned.

Schottel Australia and propulsion systems repair specialist Fremantle Foundry and Engineering (FFE) have signed a service agreement that will expand the Schottel service network and strengthen OEM-quality repairs for Schottel products in Western Australia.FFE provides expert marine maintenance both onshore in its modern workshops and offshore. The company, which was founded in 1902, is an accredited National Association of Testing Authorities (NATA) facility as well as a DNV-certified fabrication workshop.

NAVTOR, an e-Navigation and performance technology provider to the maritime industry, and Voyager Worldwide, a provider of maritime technology solutions, have agreed to merge.The combined company will deliver products and solutions to approximately 18,000 vessels globally. The transaction is expected to close by December 2023.Both companies provide maritime technology solutions that enable shipping companies to improve safety, efficiency, compliance, and operational performance…