Maritime Industry Top News
Mitsui O.S.K., Asahi to Develop Zero-emission Electric Vessels
Asahi Tanker Co., Ltd., Exeno Yamamizu Corporation, Mitsui O.S.K. Lines Ltd., and Mitsubishi Corporation today announced their agreement to create a strategic partnership to provide new infrastructure services in the marine shipping industry that focus on electrically powered vessels. Their newly established company, e5 Lab. Inc. (e5 Lab) will work to develop and promote the greater use of these relatively…
Japan: No Maritime Force Proposal Discussions
Japanese Prime Minister Shinzo Abe and U.S. Defense Secretary Mark Esper did not have any particular exchange on the U.S.-proposed maritime coalition in the Middle East, Japan's top government spokesman said on Wednesday.Chief Cabinet Secretary Yoshihide Suga said that the premier and Esper confirmed the two nations would work on peace and prosperity in the Indo-Pacific region as well as further strengthen…
Maritime Recordkeeping is Serious Business
In addition to fuel, modern ships also run on paper or their electronic equivalent. Vessels are required to keep written or electronic records of many things – and the list is growing.There is the traditional Ship’s Log, which records the vessel’s position, course, speed, weather, and unusual events to name a few. The Oil Record Book (ORB) has been around for a long time and tracks all movement of oil throughout the vessel…
BSP Contracts AqualisBraemar
Oil & natural gas company Brunei Shell Petroleum Company Sdn Bhd (BSP) has awarded AqualisBraemar a frame agreement to conduct rig inspection services for the operator.The…
Solstad Sells PSV Far Star
Norwegian offshore service and supply ship shipping company Solstad Offshore said that its subsidiary Farstad Supply has sold the platform supply vessel (PSV) Far…
NWSA Terminal 46 Request for Proposals
The Northwest Seaport Alliance (NWSA), a marine cargo operating partnership of the ports of Tacoma and Seattle, is now accepting proposals for Terminal 46, a 50…
Cheap Gas Killing US Coal -Rystad
A new study revealed that coal power is being replaced by cleaner energy sources in the US – primarily due to an abundance of cheap natural gas.According to Rystad Energy…
Equinor,YPF Pact on Argentina Wind Power
Norwegian multinational energy company Equinor ASA and Argentine power producer YPF Luz have joined for the development of the Cañadón León wind farm in Santa Cruz in Argentina.As per agreement…
Euronav Sells VLCC for FPSO Conversion
Belgium-based crude oil tanker company Euronav NV has sold its oldest very large crude carrier (VLCC) for conversion into a floating production storage and offloading…
World First: Saildrone Circumnavigates Antarctica
A seven-meter (23-foot) long, wind-powered unmanned surface vehicle (USV) called a saildrone has become the first unmanned system to circumnavigate Antarctica.The vehicle…
Wellard Gets New Buyer for Swagman
Australia's largest live cattle exporter Wellard Wellard Limited says it is moving closer to selling the M/V Ocean Swagman after agreeing to a new $37.1 million…
Samudera Sells Two Bulk Carriers
Singapore-listed Indonesian shipowner Samudera Shipping has sold its two modern but loss-making supramax bulkers.The regional container shipping line said in a stock…
Japan to Develop Fully Electric Vessels
Japanese shipping major Mitsui O.S.K. Lines (MOL) and three other compatriot firms have joined hands to establish a new company that will develop and promote zero…
RENK Wins Order for Hybrid Drive “MARHY”
At the end of March 2019, the maritime sales team of RENK’s Rheine plant managed to win its first new construction project for the maritime hybrid system called MARHY. This system enables ships with 2-stroke engines to efficiently generate on-board power supply by using the main engine (PTO-operation). In addition, a fully electric drive (PTH- operation) is available for zones with low emissions zones (port areas) and for emergencies.The newbuild is a 30,000 cbm LNG carrier owned by Knutsen OAS.
Owner: Detention of UK-flag Tanker Unacceptable
The continued detention of British-flagged tanker Stena Impero is "unacceptable and unjustifiable" and there are concerns for the welfare of the crew after 19 days in confinement…
Softer Capesize Demand Drags Down Baltic Index
The Baltic Exchange's main sea freight index fell for an eleventh straight session on Tuesday to nearly one-month lows, pushed down by lower rates for capesize vessels due to sluggish demand in both Atlantic and Pacific regions.The Baltic index, which tracks rates for ships ferrying dry bulk commodities, fell 40 points, or 2.3%, to 1,734 points, lowest since July 8. The index has, still, nearly tripled since February…
Rep. Gunn Addresses Ingalls Graduates
Huntington Ingalls Industries hosted a graduation ceremony on Saturday for the company’s apprenticeship program at Ingalls Shipbuilding. Nine different crafts were represented among the 159 graduates of the 2019 class.Mississippi Speaker of the House, Philip Gunn, delivered the keynote address. “The prosperity of Mississippi begins with people like you,” he said. “The careers for which you are now prepared are the backbone of America.
BHGI Completes Buoy Design for NYPA
Bristol Harbor Group, Inc. (BHGI) was contracted by the New York Power Authority (NYPA) to provide naval architecture and marine engineering services to review and analyze a Canadian Coast Guard buoy for required internal ballast and mooring in order to secure the buoy moorings in tailrace waters.NYPA’s fast water warning buoys had reached the end of their life cycle. BHGI conducted a site visit at the Moses-Saunders Power Dam in Massena, NY.
Damen Goes 'Solar' at Dutch Shipyards
As part of its ongoing commitment to sustainability, Damen Shipyards Group is having solar panels installed at a number of its Dutch yards. Collectively, the installations will provide approximately 12 MW clean electricity per year.Project manager, Gerard Kornet, of Damen explains, “At Damen, we always take a long-term view. It’s part of our culture as a family company, we want to ensure the sustainability of the business for the next generation.
China Mulls Hormuz Naval Escort Role
China might escort Chinese commercial vessels in Gulf waters under a U.S. proposal for a maritime coalition to secure oil shipping lanes following attacks on tankers, its envoy to the United Arab Emirates said on Tuesday."If there happens to be a very unsafe situation we will consider having our navy escort our commercial vessels," Ambassador Ni Jian told Reuters in Abu Dhabi."We are studying the U.S.