Maritime Industry Top News
Hestbaek Takes the Helm at Hamburg Süd
Long-serving Hamburg Süd executive Poul Hestbaek will take the CEO reins from Dr. Arnt Vespermann, who will step down after more than 20 years at the German container shipping company.Hestbaek has been with Hamburg Süd since 2004 and is currently the company's CCO. The 59-year-old shipping-industry veteran has previously been responsible for the liner shipping company’s commercial business on several continents…
Containership Crew Member Medevaced Off Hawaii
An injured mariner was medevaced from a containership off the coast of Hawaii on Wednesday.At 4 a.m., Saturday, the captain of the 984-foot Adonis notified Joint…
Bluewater Taps Royston for FPSO Engine Overhaul
FPSO operator Bluewater Services signed a framework agreement with marine engineering and maintenance firm Royston for engine overhaul, repair, and associated services on two of its FPSOs.Under the agreement, Royston will carry out planned engine maintenance and emergency repairs on the Haewene Brim and Aoka Mizu FPSOs operating in the North Sea. The framework includes main engine work on both vessels as well as on generator sets and fire pumps.The Samsung built 103…
Denmark to Build Giant Wind Energy Hub In the North Sea
Denmark has reached a deal on the construction of the first of its kind wind energy hub in the North Sea that promises to produce yet unseen amounts of green electricity, in what has been described as the largest construction project in Danish history.The energy hub - an artificial island - will serve as an offshore power plant gathering and distributing green electricity from hundreds of wind turbines surrounding the island directly to consumers in countries surrounding the North Sea.
Euronav Posts 4Q Loss. Expects Pressure on Freight Rates to Continue in 2021
Belgium's Euronav expects pressure on freight rates to continue until late 2021, the tanker operator said as it reported weaker than expected quarterly results on Thursday, citing OPEC+ export cuts because of the COVID-19 pandemic's impact on demand for oil.The company, one of the world's largest tanker companies, benefited from soaring demand for oil storage at sea in early 2020 as buyers struggled to find space for surplus crude when demand collapsed during the first wave of the pandemic.Howev
Solstad Offshore Sells Three Platform Supply Vessels
Norwegian offshore vessel owner Solstad Offshore has sold three platform supply vessels.The vessels, sold by Solstad's Deep Sea Supply Shipowning AS and Deep Sea Supply Shipowning I AS subsidiaries, are the Sea Angler built in 2007, the Sea Bass built in 2008, and the Sea Turbot, also built in 2008."Delivery of the vessels to the new owner took place today Thursday, February 4th, 2021. The sale of the vessels will result in an immaterial accounting effect for 1Q 2021…
Rolls-Royce Sells Bergen Engine Medium Speed Business for $180m
Rolls-Royce signed an agreement to sell the Bergen Engines medium speed gas and diesel engines business to TMH International, the international branch of TMH Group, for net proceeds of approximately $180 million.TMH Group, based in Russia, is an engineering company in rail transport technologies and the world’s fourth largest supplier of rail rolling stock. It offers a range of products and services…
BOEM to Restart Permitting for Major US Offshore Wind Project
The Biden administration said on Wednesday it would restart permitting for the first major U.S. offshore wind farm, reversing a Trump administration decision that canceled the process late last year.The U.S. Bureau of Ocean Energy Management (BOEM) said in a statement it would resume environmental review of the Vineyard Wind project as part of the administration's broad plan to speed renewable energy…
CNOOC Orders Tanker at Dajin
Chinese shipbuilder Dajin Heavy Industry said it has secured an order to build a 9,200 dwt product tanker for a unit of national oil company CNOOC.Dajin, a subsidiary of Shanghai Bestway Marine Engineering Design, said the newbuild is scheduled for delivery in 2022.
Euronav Buys Two Suezmax Tankers Under Construction
Belgian tanker operator Euronav said it has reached a deal to acquire two Suezmax tankers currently under construction at the Daehan Shipyard in South Korea for a total purchase price of $113 million. Both vessels are due for delivery in January 2022.The vessels are the latest generation of Suezmax Eco-type tankers, fitted with exhaust gas scrubbers and ballast water treatment systems. The vessels have LNG-ready notation…
Shipbuilder in Mozambique Debt Scandal Says It Made Payments to Now-President Nyusi
A Lebanese shipbuilder at the center of a $2 billion debt scandal in Mozambique said it made payments to its now-president and ruling party in 2014, but said these were legal campaign donations not bribes, according to a London court filing.Privinvest said payments made to President Filipe Nyusi in the run-up to his election and to the Frelimo party were allowed under Mozambican law, according to the Jan.
Wärtsilä’s Hybrid Solution Selected for New Isle of Man Ferry
Finnish technology group Wärtsilä said it will supply a range of solutions for a new 132-meter RoPax ferry being built at Hyundai Mipo Dockyard in South Korea for the Isle of Man Steam Packet Co (IOMSP). The newbuild will serve the Heysham to Douglas, Isle of Man route. The Wärtsilä scope includes Wärtsilä 31 engines, electrical and automation including Wärtsilä’s Low Loss Concept (LLC), an energy storage system and propulsion machinery including the transverse thrusters.
NAVTOR Launches NavFleet, the Latest Name in Fleet Optimization
NAVTOR launched NavFleet, touted by the company as a "breakthrough application" developed over the past two years in collaboration with shipowners designed to open up a new horizon of possibilities: enabling real-time operational insight, performance optimization and enhanced business decision making for fleet management.NAVTOR has made its name through the development of a suite of e-Navigation products…
UK, Japan Concerned Over East, South China Seas Situation
Four ministers from Japan and Britain voiced serious concern on Wednesday about the situation in the East and South China seas and opposed any unilateral attempts to change the status quo, in a apparent reference to China’s maritime expansion.The joint statement was issued after an online meeting of Foreign Minister Toshimitsu Motegi and Defense Minister Nobuo Kishi of Japan, and their respective British…
TGP to Transport Offshore Wind Turbines for Project in Vietnam
UK-based project logistics management firm Trans Global Projects Group (TGP), has been awarded a contract for the transport of around 320,000 freight tons of offshore wind turbine components. The components will be used for two wind farm projects in Vietnam. TGP said Wednesday it had secured the contract from a large EPC contractor in China, without revealing who the client was."Over the nearly year-long contract…
Sail Power: Liebherr Delivers World's Largest Slewing Drive Units
As the maritime industry grapples with the technology and technique to meet increasingly strict emission mandates, eConowind is working to deliver an innovative wind sail system.In step with the development, Liebherr delivered what is currently the largest worm-driven slewing drive units in the world for the sailing system by eConowind. Inspired by Jacques-Yves Cousteau, eConowind develops an innovative sailing system that is intended to revolutionize commercial shipping.
MAN 23/30H GenSet Wins Order for First Mk3 Unit for onboard Aframax Tanker
STX Engine set to build first Mk3 variants of MAN workhorseSTX Engine signed a contract with Daehan shipbuilding for 3 × MAN 6L23/30H Mk3 GenSets for 1+1 vessels, which marks the first sale of the engine’s Mk3 version. The engines are bound for an Aframax crude tanker ordered by Atlas Maritime, the Greek international shipping company, and will achieve Tier III emission levels with the aid of SCR.
Valaris Drillship Goes Adrift off Scotland
A Valaris drillship went adrift on Tuesday evening, breaking free from moorings near the port at Hunterston, North Ayrshire, Scotland.According to BBC, which was…
UN Bid to Avert Oil Spill Off Yemen Uncertain as Houthis Mull 'Review'
Yemen's Houthi group has advised the United Nations to pause preparations to deploy a team to assess a decaying oil tanker threatening to spill 1.1 million barrels of crude oil off the war-torn country's coast, a U.N. spokesman said on Tuesday.The tanker Safer has been stranded off Yemen's Red Sea oil terminal of Ras Issa for more than five years, and U.N. officials have warned it could spill four…
DNV GL Approves GTT's LNG Fuel Tech for ULCVs
French engineering firm GTT said it has received approval in principle (AIP) for the NO96 containment system application as a liquefied natural gas (LNG) fuel tank for ultra large container vessels (ULCV) from the classification society DNV GL.GTT and DNV GL reviewed the compatibility of the NO96 technology within a container vessel hull to ensure that the integration of such a containment system is fit for purpose.
