Maritime Industry Top News
Gas Price Windfall Makes Gazprom Patient Over Nord Stream 2 Delay
Windfall revenues from high European gas prices mean Russia's Gazprom will not start pumping gas through the Nord Stream 2 pipeline before certification and it will not press Germany to speed up the process, two sources said.Pumping gas without the German approval would only incur a modest fine, but as Germany gets new political leadership and Russia's ties with the West are severely strained, a source…
LMG Marin to Design Zero-emissions Fuel Tanker
Naval architecture firm LMG Marin has secured a contract to design a zero-emissions tanker for Grieg Edge, the dedicated innovation unit of the Grieg Maritime Group. The vessel is said to be the world’s first green ammonia-fueled tanker, according to the Norway-based designer, a wholly-owned subsidiary of Singapore-headquartered Sembcorp Marine.The new ship, to be named Green Ammonia, will transport and distribute green ammonia fuel from a production facility in Berlevåg…
3i to Assume Full Control Over Danish Offshore Vessel Owner ESVAGT
3i Infrastructure has agreed to acquire AMP Capital's stake in the Danish offshore vessel owner ESVAGT.The deal will result in 3i Infrastructure owning a 100% of the equity in ESVAGT. "This further investment is expected to be £268 million. Completion is subject to certain third party consents and is expected to take place in the first quarter of 2022," 3i Infrastructure said.Peter Lytzen, CEO of…
World's First Liquefied Hydrogen Carrier May Leave Japan this Month
The world's first liquefied hydrogen carrier could leave Japan for Australia to pick up its first cargo of hydrogen late this month though the return date has yet to be set due to COVID-19…
Royal IHC Ships Equipment for Weeks' New Hopper Dredge
A shipment of Royal IHC's equipment is traveling from Europe to the U.S. to be installed on Weeks Marine's new trailing suction hopper dredge (TSHD) R.B. Weeks, currently under construction at Eastern Shipbuilding Group's Allanton shipyard in Florida. In May of 2020, Royal IHC and Weeks Marine Inc. entered into a contract for the engineering and equipment delivery for the 6,540-cubic-meter-capacity newbuild, an identical vessel to the Magdalen delivered to Weeks from Eastern in 2017.
Two 12,200 TEU Newbuilds Delivered to Seaspan
The world's largest containership lessor Seaspan Corporation said it has taken delivery of two 12,200 TEU newbuilds. The vessels will immediately begin 18-year charters with an unnamed "major liner customer".The new ships are the second and third of five newbuild containerships in this class, the first having been delivered in October. Each has been delivered approximately two months ahead of schedule…
ABS Approves 3D Printed Spare Parts After Tanker Trial
Parts fabricated by additive manufacturing (AM) – also known as 3D printing – and installed on an oil tanker for operational testing have been validated to be in good working condition, marking a significant step for the technology's implementation in the marine industry.The project involving ABS, ConocoPhillips Polar Tankers, Sembcorp Marine Ltd and 3D Metalforge started in February 2021 with the fabrication and lab-testing of functional additive manufactured parts…
Australian LNG Hit by Shell, Chevron Outages at Prelude, Gorgon
Royal Dutch Shell Plc shut production at its Prelude floating liquefied natural gas (LNG) site and Chevron Corp shut one of three processing units at its Gorgon LNG plant, both off northwestern Australia, the companies said on Friday.The Gorgon and Prelude outages are expected to boost spot LNG prices, which are up about 20% from a month ago.Shell said Prelude was hit by a power outage on Thursday after smoke was detected in an electrical utility area…
Shipping Firm MOL Teams Up with Flotation Energy to Build Floating Wind Farms in Japan
Japanese shipping giant Mitsui O.S.K. Lines (MOL) has partnered up with Scotland-based floating wind specialist Flotation Energy to jointly evaluate offshore wind development opportunities in Japan. The agreement builds on the 2GW portfolio of offshore floating wind projects in Japan being developed by Flotation Energy (Japan) Co. Ltd., starting from Niigata and followed by other areas, the companies…
DP World Pulls Out of of Haifa Port Privatization Bid
Dubai's DP World has pulled out of a joint bid with an Israeli company to privatize Israel's Haifa port, Israel's privatization body said.Israel is selling its state-owned ports and building new private docks in an effort to encourage competition and lower costs.DP World had signed an agreement with Israel Shipyards Industries for exclusive cooperation in the privatization of the Haifa port, one of…
Large Offshore Wind Tower Manufacturing Plant to be Built at Port of Nigg, UK
Global Energy Group (“GEG”), the Scottish-based energy services company has agreed on terms with offshore wind tower manufacturing specialist, Haizea Wind Group (“Haizea”), to build a £110m-plus (~$146 million) offshore wind tubular rolling facility at Port of Nigg, located in the Scottish Highlands. GEG said Friday that Nigg Offshore Wind (“NOW”) would be 450-meter-long, 38,000 m2 factory, capable of rolling steel plate to supply towers which will weigh in excess of 1…
Petronas Awards FEED Contracts for Third LNG Floater
Malaysian oil and gas giant Petronas has awarded two Front End Engineering Design (FEED) contracts to a JGC Corporation-Samsung Heavy Industries consortium and to Saipem as part of an international dual FEED design competition for a nearshore liquefied natural gas (LNG) project in Sabah. The project, with a minimum capacity of 2.0 million tonnes per annum (MTPA) is a first of its kind in Malaysia,…
ABS Grants SUSTAIN 1 Notation for Harvey Gulf OSV Pair
American Bureau of Shipping (ABS) has granted its ABS SUSTAIN 1 Notation for two Harvey Gulf International Marine offshore support vessels, recognizing how their design and operation are aligned with UN Sustainable Development Goals (UNSDGs).To earn the notation, the Harvey Blue-Sea and Harvey Sub-Sea vessels were among 12 of the Harvey Gulf fleet evaluated by ABS for their performance against six of the UNSDG’s criteria.
World First: Kongsberg Launches Full-scale Hydrogen-based Propulsion System
Norway's Kongsberg has announced "a world first" by testing and verifying a full-scale, full-size, zero-emissions drivetrain powered by hydrogen fuel cells designed for ships and ferries. The project demonstrates that the technology is now mature for using hydrogen (H2) as an energy carrier, Kongsberg said.“With a verified and tested hydrogen-based propulsion system, we take the next step in zero-emission solutions at sea.
Gaslog Orders Four LNG Carriers from DSME
GasLog Ltd. has ordered four new liquefied natural gas (LNG) carriers from South Korean shipyard Daewoo Shipbuilding & Marine Engineering (DSME).The 174,000 cubic meter capacity newbuilds are scheduled to be delivered in 2024 and 2025.The ships will feature the latest generation MEGI propulsion, "setting the bar for energy efficiency very high with a best in class EEDI," according to Gaslog.The company said its fleet consists of 39 LNG carriers…
Danelec Marine Opens new Distribution Center in Houston
Danelec Marine, a Danish Voyage Data Recorder (VDR) manufacturer and maritime Internet of Things (IoT) infrastructure provider has strengthened its global distribution network with the opening of a new Distribution Center in Houston, Texas.The facility has been established as part of Danelec’s strategy to optimize its global infrastructure, work closer to customers and reduce environmental impact,…
Icebreaking Season Kicks Off in the Bay of Bothnia
Arctia’s icebreaker Otso is set to commence this winter's icebreaking season in Finland as the first icebreaker to depart from the Katajanokka base in Helsinki on December 3.The vessel will provide icebreaking assistance in the waters of Tornio, Kemi and Oulu in the Bay of Bothnia where it is scheduled to arrive on December 5, just in time for a forecasted spell of intense cold weather expected to accelerate ice formation in the northern Bay of Bothnia.
Meyer Turku Delivers Costa Toscana to Costa Cruises
Finnish shipbuilder Meyer Turku on Thursday announced it has delivered the 180,000 GT liquefied natural gas (LNG)-powered cruise ship Costa Toscana to Costa Cruises. “With Costa Toscana we are turning a new page at the shipyard. We have been pushing our shipbuilding processes onward and are now seeing the results with this beautiful vessel. We are very proud of her and I feel confident that the guests onboard will really enjoy Costa Toscana in the coming years…
Eneti Orders Second Wind Turbine Installation Vessel for $326M
Eneti, an offshore wind installation company in the making, said Thursday it had entered into a binding agreement for the construction of one wind turbine installation vessel (WTIV).The company, formerly known as Scorpio Bulkers, ordered the first WTIV from South Korea-based builder Daewoo Shipbuilding and Marine Engineering (DSME) back in May.Now, the company has exercised an option it held with DSME for the construction of one more WTIV.
Maersk Training Pens 'Six-figure' Deal with Boskalis Subsea Services
Maersk Training has said it has won a six-figure contract to provide Training Management Services (TMS) for Boskalis Subsea Services’ 1000-strong global workforce.
