Maritime Industry Top News
Wallenius Marine, KNUD E. HANSEN Launch New RoRo Concept at Donsö Shipping Meet
Wallenius Marine and KNUD E. HANSEN have launched a new RoRo (roll on/roll off) design at Donsö Shipping Meet.The new concept builds on the Sleipner PCTC concept and on operational data from the Sleipner vessels Future Way and Way Forward. The new RoRo design, which includes an engine room in the bow, creates a large cargo capacity of 2,720 lane meters, equivalent to 181 trailers.The Sleipner RoRo…
AD Ports Group Signs Dredging Agreement to Expand Karachi Terminals Throughput
AD Ports Group announced the signing of a major dredging agreement between its Karachi Gateway Terminal and Van Oord, a Netherlands-based leader in dredging and marine contracting, to expand the flow of trade through the Group’s port terminals in Pakistan.Led by the Group’s international ports operating arm, Noatum Ports, the project will deepen berths and navigational channels at Karachi Gateway Terminal (KGTL)…
WinGD, Hanwha Develop Variable Compression Ratio Engine for LNG Carrier
Swiss marine power company WinGD and marine engine manufacturer Hanwha Engine have produced the world's first X72DF-2.2 VCR engine equipped with Variable Compression Ratio technology. This low-emission engine technology, developed by WinGD for ships using both LNG and diesel fuel, maximizes fuel efficiency and reduces methane slip which means vessels can operate more cleanly and cost-effectively, ensuring…
IMO Secretary-General Visits Panama Maritime Authority
Arsenio Domínguez, Secretary-General of the International Maritime Organization (IMO), carried out an official visit to the Panama Maritime Authority (PMA) as part of his first mission to the country since taking office in January 2024.He was welcomed by Luis Roquebert, Administrator of the PMA, together with the institution’s directors and deputy directors.The highlight of the visit was the forum “Empowering Women in the Maritime Sector: A Call to Action on Training…
Kongsberg Discovery Announces Passive Acoustic Technology
Kongsberg Discovery is targeting a global roll out of advanced passive acoustic technology, helping markets such as the oil, gas and naval sectors detect operational anomalies from the outset, safeguarding critical subsea assets and environments. The push comes with the full integration of Naxys Technologies into the company, following on from its acquisition in January this year.Naxys has forged a position as Norway’s leading innovator in passive acoustics…
PALFINGER MARINE Secures Repeat Order for Japan’s New FFM-Class Multirole Frigates
Building on the successful delivery of the Slipway Systems for all twelve Mogami-class Multirole Frigates, PALFINGER has again been selected to supply its technology for Japan’s next-generation FFM-class Multirole Frigates. PALFINGER’s stern launch and recovery systems are designed to optimize the deployment and retrieval of USVs and boats during naval operations, offering efficient and dependable solutions tailored to the needs of Governmental…
Yara Clean Ammonia Signs Contract for Duel-Fuel Medium Gas Carriers
Yara Clean Ammonia (YCA), the world’s largest ammonia distributor, has signed a long-term shipping contract with Navigator Amon Shipping, securing access to two vessels that will strengthen YCA’s position as a global leader in the low-emission ammonia market.The two modern medium gas carriers (MGCs), each with 51,000 cbm capacity, are equipped with dual-fuel engines and ice-class notation. They will provide reliable…
Fincantieri, PGZ Join Forces for Modernization of Polish Navy
Italian shipbuilder Fincantieri and Polska Grupa Zbrojeniowa (PGZ), Polish state-owned defense group, have signed a memorandum of understanding (MoU) to co-operate on the modernization of Polish Navy and explore opportunities in wider naval defense market.The MoU establishes a framework for strategic collaboration aimed at supporting the modernization of the Polish Navy, with a particular focus on the ORKA submarine acquisition program.Under the agreement…
Cadeler Sets Up New Taipei Office as it Targets Asia-Pacific Market
Danish offshore wind installation firm Cadeler has opened new, expanded offices in Taiwan's capital Taipei, underscoring the company’s focus on strengthening client collaboration and long-term growth in the Asia-Pacific region.With the opening of this new office, Cadeler has reinforced its position to pursue and deliver offshore wind projects across the many growing markets in the region, from Taiwan’s well-developed offshore wind sector to emerging hubs such as Vietnam…
MODEC Finds Partner for FPSO and Maritime Projects in Africa
MODEC has signed a co-operation agreement with Africa Finance Corporation (AFC), Africa’s major infrastructure solutions provider, to collaborate on floating production, storage, and offloading (FPSO) projects as well as other maritime infrastructure projects in Africa.MODEC has extensive African experience, having delivered 11 FPSOs/FSOs/MOPU/TLPs in West Africa in the past.Currently MODEC is providing charter service for FPSO Prof.
ABB and Wallenius Marine Establish Digital JV
ABB and shipping company Wallenius Marine have formally established a new joint venture based in Stockholm, Sweden, to expand their OVERSEA™ collaboration.Launched in September 2022 as a collaboration between ABB and Wallenius Marine, OVERSEA™ is a combined digital solution and ‘fleet-support-center-as-a-service’ offering designed to help ship owners, operators, and managers enhance the efficiency…
Houthis Claim Responsibility for Attack on Israeli-Linked Tanker
Yemen's Houthis said on Monday they launched a missile towards the Israeli-owned tanker Scarlet Ray near Saudi Arabia's Red Sea port city of Yanbu in a rare attack off the Saudi coast.The Liberia-flagged vessel's Singapore-based manager, Eastern Pacific Shipping, owned by Israeli magnate Idan Ofer, said the chemical tanker was undamaged and under the command of its captain."We are aware of security reports alleging that our managed vessel Scarlet Ray was the target of a suspected Houthi attack…
EU Mulls 10-Year Tax Holiday for Shipping Fuels
European Union countries are considering a 10-year delay to the introduction of EU-wide taxes on aviation and shipping fuels as they seek to push long-delayed energy tax reforms over the line, a draft document seen by Reuters showed.The European Commission proposed an overhaul of energy tax rules in 2021 to align with efforts to limit climate change. This included gradually introducing taxes on CO2-emitting fuels for flights and shipping within the 27-nation bloc…
Venezuela's Maduro Says US Seeking Regime Change with Naval Build-Up
The United States is seeking a regime change in his country with a naval deployment in the Caribbean, Venezuelan President Nicolas Maduro said on Monday in a rare press conference.Tensions between the United States and Venezuela have risen in recent weeks amid a large U.S. naval buildup in the Southern Caribbean and nearby waters, which U.S. officials say aims to address threats from Latin American drug cartels.U.S.
WinGD Joins Methane Abatement Initiative for LNG-Fueled Ships
Engine developer WinGD has joined the Methane Abatement in Maritime Innovation Initiative (MAMII), becoming the first engine developer to become a partner in the growing cross-sector push to better understand and address methane from LNG-fueled ships.LNG, primarily methane, can play a role in reducing shipping emissions. But its climate benefits depend on methane being effectively managed. Proven technologies for onboard methane abatement are emerging…
Tanker and Bulk Carrier Collide in Malaysia
Singapore-registered tanker Marine Dynamo and a Malta-registered bulk carrier Flag Gangos have collided south of Tanah Merah in Malaysia.Both vessels are stable, following the incident that occurred in the early hours of September 1, the Maritime and Port Authority of Singapore (MPA) informed.Light oil sheens have been sighted in the vicinity of Marine Dynamo. The Master of Marine Dynamo reported that…
Quiet Time for Ship Recyclers
As August winds down, global markets gave us another week of shy half-gestures and newlywed hesitant moves, says cash buyer GMS, all while confidently pretending they were marching somewhere important.“Oil traders kept one eye on inventories, the other on geopolitics, and both cockeyed on the clock as WTI closed at USD 64/barrel with Brent just above USD 68—moves so small they looked like rounding errors. Yet the steady draw of about 3 million barrels from U.S.
Canada Launches New Major Projects Office
The Canadian Prime Minister, Mark Carney, has launched the new Major Projects Office (MPO).The MPO is headquartered in Calgary and will have offices in other major Canadian cities. Its mandate is to serve as a single point of contact to get nation-building projects built faster by streamlining and accelerating regulatory approval processes and by helping to structure and co-ordinate financing of these projects as needed.The MPO will accelerate projects by creating a single set of conditions…
Trump Wants Defense Renamed Department of War
The Trump administration is advancing plans to rename the Department of Defense as the Department of War, the Wall Street Journal reported on Saturday, citing a White House official, after U.S. President Donald Trump raised the prospect on Monday.Restoring the Department of War name for the government's largest department would likely require congressional action, but the White House is exploring alternative methods to implement the change…
Norway Selects British-Made Frigates
Norway said on Sunday it had chosen Britain as its strategic partner for the acquisition of new frigates in its biggest ever military investment, in a deal worth some 10 billion pounds ($13.51 billion) to boost the Nordic country's maritime defence.Germany, France, Britain and the United States had offered rival frigate designs in competition."The frigates are an essential part of our defence because they are key to defend our sovereignty…
