Maritime Industry Top News
BIMCO: All Eyes on US Gasoline; Will Demand Exceed 9.2M Bpd?
“Fill her up, son; unleaded. I need a full tank of gas where I'm headed,” former Police-front man, Sting, sang back in 1999 on his solo album Brand New Day. This country-inspired song could be the anthem for what is coming around next week, as Monday. May 31 is Memorial Day in the U.S., the day that kicks off “the U.S. driving season”. The season runs for about three months from Memorial Day to Labor Day on September 6…
'RoboRat' Takes to the Water for 'Intelligent' Autopilot Test
Robosys Automation, developers of Voyager autonomous navigation systems, built in close collaboration with Ring Powercraft, Ambex Marine and DTC, Domo Tactical Communications have put the 'RoboRat' on trial in the Solent area, a trial showcasing Robosys’ latest intelligent autopilot software for commercial and recreational vessels and demonstrations for a multitude of applications are being scheduled throughout the summer.
Signal Maritime Launches MR Tanker Pool
Commercial ship manager Signal Maritime announced it is launching a new pool for MR product tankers building upon the success of its Aframax pool launched in 2018.
Tufton Invests in Wind Power for 82,000 dwt Bulk Carrier
TR Lady Shipping Ltd, a portfolio company of Tufton Investment Management Ltd (“Tufton”), signed a contract Anemoi Marine Technologies to supply and fit the bulk carrier TR Lady with three large Rotor Sails and Anemoi’s patented Rail Deployment System, a system designed to allow the Rotor Sails to be moved across the deck to minimize impact on port operations.TR Lady is a CS Marine design 82,000DWT Kamsarmax bulker, built in 2017 by Yangzijiang Shipbuilding Group, and managed by Tufton.
Stolt Tankers Joins Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping
Stolt Tankers and Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping signed a partnership agreement making Stolt Tankers an official partner to the center.The tanker shipping company is among a wide range of industry partners who have teamed up to develop zero carbon solutions for the maritime industry. Other active companies include Alfa Laval, American Bureau of Shipping, A.P. Moller - Maersk…
Damen Launches Trawler for Rederij Long Ships
Damen Maaskant Shipyards Stellendam reached a milestone in its construction of a 38-m trawler for Belgium-based Rederij Long Ships, with the hull launched into the water in Poland and transported to Stellendam for further outfitting.Rederij Long Ships owner Eddie Cattoor said, “I expect a lot from Franson. First and foremost to bring in food from the wide seas. Food that will supply a growing world population.
BSEE Investigating Fatal Incident on GoM Platform
The U.S. offshore safety regulator BSEE has formed a panel to investigate a fatal incident that happened earlier this month at a Fieldwood Energy-operated oil platform, in the Gulf of Mexico, offshore Louisiana.As previously reported, an offshore worker died on Saturday, May 15, in an incident that, according to Fieldwood, happened during a non-emergency casing pressure test on a shut-in well, at Eugene Island Block 158…
Biden: Sanctions Against Nord Stream 2 Would Harm European Relations
U.S. President Joe Biden on Tuesday said he decided to waive sanctions against the company behind the Nord Stream 2 gas pipeline because the project was nearly complete, and doing so could have harmed ties with Europe.Biden, who is preparing for his first visit to Europe and his first meeting with Russian President Vladimir Putin next month, told reporters he had opposed the new pipeline since its inception…
Eighth and Final Combination Carrier Delivered to KCC
Klaveness Combination Carriers ASA (KCC) on Tuesday took delivery of Balzani, its eighth and final vessel in a series of CLEANBU combination carriers from New Yangzi Shipyard in China.The vessel is scheduled to load its first cargo of clean petroleum products in early July.The CLEANBUs are unique vessels both in terms of design and their operational and technical efficiency. These vessels have up to 40% lower CO2 emissions per ton mile transported cargo compared to standard vessels…
AWO Elects Illinois Marine Towing's Del Wilkins as Chairman
The members of the American Waterways Operators, the national tugboat, towboat and barge industry association, elected a new slate of leaders last week during the association's Spring Board of Directors / Annual Membership Meeting.Del Wilkins, President of Illinois Marine Towing, Inc., was elected Chairman; Clark Todd, President & Chief Operating Officer of Blessey Marine Services, was elected Vice Chairman; and Brian Hughes, Vice President Operations & Sales, Hughes Bros., Inc.
Green Marine: Hempel Charts its Growth & Sustainability Course
Hempel announced an ambitious strategy to double its revenue by 2025, with a focus on innovation, digitalization and sustainability. Michael Hansen, EVP & Chief Commercial Officer and Dorthe Scherling Nielsen, Head of Sustainability & Government Affairs discuss the path ahead.The year 2020 defined by COVID-19 presented historic challenges for many industries, and even companies such as Hempel – with a 105-year history – were not exempt.
Korean Partners Exploring Green Ammonia Supply Chain
South Korean shipping company HMM announced it has signed a memorandum of understanding (MoU) with LOTTE Fine Chemical, Lotte Global Logistics, POSCO, Korean Register (KR) and Korea Shipbuilding & Offshore Engineering (KSOE) to seek feasible solutions on the green ammonia supply chain from production to bunkering.Each member will pitch in to form the end-to-end supply chain for ammonia bunkering, including production…
Autonomous Ships: IMO Completes Regulatory Scoping Exercise
As the maritime industry continues to develop and test the technologies required for safe autonomous vessel operations, many regulatory questions have remained.Setting out to help answer some of these questions, the International Maritime Organization's (IMO) Maritime Safety Committee (MSC) has recently completed a regulatory scoping exercise to analyze relevant ship safety treaties, in order to assess…
ClassNK Updates Condition Based Maintenance Guidelines
Classification society ClassNK released its CBM Guidelines (Edition 2.0) outlining revised rules for using condition based maintenance (CBM) in class surveys to promote the use of CBM technology. The guidelines are available to download free of charge via ClassNK’s website.ClassNK published its CBM Guidelines (First Edition) in 2019 to clarify required documents and the approval procedure for substituting CBM in place of periodical overhaul inspection for class maintenance surveys.
US to Review 16 Offshore Wind Project Plans, Advance New Lease Areas by 2025
The Biden administration will seek to approve more than a dozen offshore wind projects in the next four years and open new areas for leasing off the coast of California as it seeks to supercharge development of the nascent U.S. industry, an Interior Department official said on Tuesday.The effort is part of the administration’s broader plan to fight climate change by decarbonizing the U.S. power sector by 2035 and the entire economy by 2050.Amanda Lefton…
Island Offshore Bags Walk-to-Work Vessel Contract at UK Wind Farm
Norwegian offshore vessel firm Island Offshore said Tuesday it had won a vessel contract at the Moray East offshore wind farm in the UK.With its Island Crown vessel…
Container Prices Surge in Europe as Carriers Favor Loading Empties
For European exporters looking to source shipping containers, existing shortages could deteriorate significantly in the coming weeks, according to the latest data from Container xChange, an online platform for the leasing and trading of shipping containers.Most pricing and availability indicators now suggest carriers are continuing to favor shipping empties back to Asia as fast as possible to maximize…
Suez Canal Authority Still Open to Negotiation with Ever Given Owner
The Suez Canal Authority (SCA) said on Tuesday it was still open to negotiating with the owners of a giant container ship which blocked traffic in the waterway for six days in March despite an ongoing litigation process in an Egyptian court.The Ever Given, one of the world's largest containerships, became jammed across the canal in high winds on March 23, halting traffic in both directions and disrupting global trade.On Sunday the court rejected a claim by Shoei Kisen, the Japanese owners of the
Shipbuilding: Remontowa Delivers Innovative 350-DWT Pair
Remontowa Shipbuiding, a member of Remontowa Holding, in Gdansk Poland delivered some impressive and innovative vessels in 2020. In October the third in a series of four electric hybrid ferries for a Norwegian customer, began sea trials, and the fourth dual-fuel (LNG/Diesel Electric) ferry for British Columbia was under construction; sophisticated vessels were built and delivered to foreign buyers.On the domestic front, the yard has also been busy, too.
KOTUG Invests in the Future, Launching Inland Shipping Unit
KOTUG International B.V. (KOTUG) established an inland shipping division to provide electric powered pusher tugs and smart AI-driven dispatch and route planning applications for the inland water transportation industry, aiming to support the worldwide energy transition and the modal shift from road transport to waterways while meeting the growing demand for electric-powered vessels. "The inland shipping market offers a great opportunity for sustainable logistical solutions…
