New Stena Line Vessel to Set Sail for Home Port
Stena Lineās newest vessel, Stena Connecta, was officially named at the CMI Shipyard in Weihai, China on October 16, and will soon begin her maiden voyage to her new home port on the Irish Sea. Alongside Stena Futura, which entered service in September, these two new freight ferries will boost freight capacity by 40 percent on the BelfastāHeysham route.Attending the ceremony were Stena Line CEO Niclas Mårtenssonā¦
ABS Acquires MetaSHIP Maritime Training Assets
In a deal to deliver immersive training at scale to the maritime industry, ABS has signed an agreement to purchase the MetaSHIP intellectual property and related vessel simulator software assets from Orka Informatics as part of the strategic growth plan for ABS Training Solutions.The acquisition, subject to Turkish regulatory approval, will allow ABS to expand its digital training program, which can be delivered on boardā¦
North American LNG Exporters Look to Double Capacity by 2029
Liquefied natural gas exporters in the U.S. have announced plans to more than double U.S. liquefaction capacity, adding an estimated 13.9 billion cubic feet per day (Bcf/d) by 2029, the U.S. Energy Information Administration said on Thursday.The EIA cited its Liquefaction Capacity File and trade press reports for the forecast, and added that the U.S.
US, UK Ramp Up Pressure on India to Stop Russian Oil Imports
Western powers have ramped up pressure on Russia's oil sales amid its war with Ukraine as U.S. President Donald Trump said India would stop buying and Britain imposed sanctions on top Russian oil firms.Ukrainian President Volodymyr Zelenskiy is schedule to meet Trump in Washington on Friday to push for military and energy support at a time when Kyiv and Moscow are escalating the war with attacks on energy infrastructure.Indian officials are also in Washington for trade talks, with the U.S.
Europort 2025 to Discuss Ship Finance Troubles for Offshore Wind Market
Europort 2025 is gearing up for conversations around ship finance for specialized vessels, at a time when rapid change and widespread uncertainty in the offshore wind market are undermining the case for the newbuildings the industry needs to fulfill its current commitments.An undersupply of purpose-built vessels has driven demand for new builds in specialized parts of maritime and offshore energy industries in recent years.
Brunvoll to Supply Propulsion for North Starās New CSOVs
Brunvoll has entered into an agreement with VARD for the delivery of complete propulsion and maneuvering systems for two Commissioning Service Operation Vessels (CSOVs). The owner of these new vessels is North Star.Each of the two CSOVs will be equipped, from aft to bow, with two azimuth propulsion thrusters, a retractable azimuth thruster, a tunnel thruster, and a combined retractable azimuth/tunnel thruster.
Peninsula, the University of Gibraltar Launch Education and Professional Development Facility
Building on the Memorandum of Understanding (MoU) signed between Peninsula and the University of Gibraltar earlier this year, the two organizations have taken their collaboration to the next level with the creation of the Peninsula Maritime Simulation Suite, a high-tech facility, funded by Peninsula, set to support cadet education and professional development.This investment not only fulfills mandatoryā¦
āAnschütz Autonomicsā Set to Chart New Course for Autonomous Navigation
German navigation systems specialist Anschütz has officially unveiled āAnschütz Autonomicsā, a new line of solutions aimed at enabling autonomous navigation and mission automation for commercial, defense and security vessels.The launch follows a series of successful demonstrations with partners in Germany and France, as well as trials with the German Navy.The system is built on certified and operationally proven componentsā¦
DEME Welcomes Norse Wind WTIV for Giant Offshore Wind Turbines
Belgium-based offshore installation services company DEME has taken delivery of its new wind turbine installation vessel (WTIV) Norse Wind at the CIMC Raffles Shipyard.Designed to install the next generation of offshore wind turbines, the vessel combines advanced technology and sustainable design features to offer enhanced installation capability.Built by CIMC Raffles and designed by GustoMSC, Norseā¦
South Koreaās HMM Places $2.8B Order for 14 New Ships
South Koreaās largest shipping company HMM has ordered 12 new 13,000 TEU-class eco-friendly container ships from Korean shipbuilders, as well as two very large container ships, for a total of $2.82 billion.The 12 containerships will be built by HD Hyundai Heavy Industries and Hanwha Ocean, and all of them will be LNG-fueled vessels, HMM said.The details for the other two very large containerships, reportedly ordered by the companyā¦
Russiaās 44 Tanker Shadow Fleet Takes Hit as UK Imposes Sanctions
Britain targeted Russia's two largest oil companies, Lukoil and Rosneft, and 44 shadow fleet tankers on Wednesday in what it described as a new bid to tighten energy sanctions and choke off Kremlin revenues.Lukoil and Rosneft were designated under Britain's Russia sanctions laws for what London described as their role in supporting the Russian government. They are subject to an asset freeze, director disqualificationā¦
Offshore Drilling Gains Momentum in US as Onshore Fades
Rigs drilling beneath the deep waters of the Gulf of Mexico will drive U.S. oil industry growth this year and next as onshore production slows due to lower prices and maturing shale fields, and analysts and consultants expect the trend to continue as new technology and friendly regulations attract investment offshore.The offshore oil and gas sector took a backseat to shale in recent years because drilling at sea requires years of construction work and higher upfront investments.
Fincantieri Hosts Discussion of U.S. Navyās Next 250 Years
Fincantieri Marine Group, the American subsidiary of one of the worldās largest shipbuilding groups Fincantieri, hosted an event in honor of the U.S. Navy and Marine Corpsā 250th anniversary on October 15 at the Army and Navy Club in the nationās capital.The event featured remarks by George Moutafis, CEO of Fincantieri Marine Group, as well as a panel discussion moderated by Dr. Steven Wills of the Center for Maritime Strategy.
igus Wins Award for Mobile Shore Power Outlet System
igus, a leading global manufacturer of motion plastics, was presented with the āMaritime Innovator of the Yearā award for its igus Mobile Shore Power Outlet (iMSPO) family of products. The honor was bestowed on October 7 during the American Association of Port Authorities (AAPA) conference held in Quebec. The igus Mobile Shore Power Outlet (iMSPO) is designed to overcome the infrastructure limitations and evolving operational challenges facing modern ports.
Saipem Wins Three Offshore Azerbaijan Contracts
Saipem, in consortium with BOS Shelf LLC and BOS Shelf International FZCO, (both companies being affiliates to the State Oil Company of the Azerbaijan Republic, SOCAR) has been awarded three new offshore contracts for the Shah Deniz Compression project operated by bp in Azerbaijan.The overall value of the contracts is approximately $700 million, and Saipemās share amounts to $600 million.Saipemās scope of work encompasses the transportation and installation of a new 19ā¦
Rozema Boat Works Receives USCG Contract
Rozema Boat Works, Inc., of Mount Vernon, Washington, was recently awarded a multi-year IDIQ contract by the U.S. Coast Guard for the construction of up to six second-generation Special Purpose Craft ā Heavy Weather (SPC-HWX II) vessels. The all-aluminum boats are designed for extreme weather operations and will replace the legacy 52-foot SPC-HWX boats, which were originally commissioned in the 1950sā¦
DMT Winches Further Presence in the United States with Delivery to Harbor Docking and Towing
DMT Marine Equipment has further reinforced its presence in the United States with the delivery of two towing winches to Harbor Docking and Towing, an operator in the harbor towage industry. Building on this successful collaboration, Harbor Docking and Towing has since placed two additional orders: one for two towing winches and another for two escort towing winches. āIāve been extremely happy working with DMT so far.
CMA CGM Places First Order for Indian-Built Vessels
France's CMA CGM on Tuesday announced a first-ever order for Indian-built vessels, saying the country's focus on shipping infrastructure created an opportunity to diversify the group's shipbuilding supply.CMA CGM, the world's third-largest container shipping firm, said in a statement it had signed a letter of intent for six vessels powered by liquefied natural gas to be built by Cochin Shipyard Limited.The orderā¦
UK Targets Lukoil, Rosneft, Shadow Fleet with Sanctions
Britain targeted Russia's two largest oil companies, Lukoil and Rosneft, and 51 shadow fleet tankers on Wednesday in what it described as a new bid to tighten energy sanctions and choke off Kremlin revenues.Lukoil and Rosneft were designated under the Britainās Russia sanctions laws for what London described as their role in supporting the Russian government. They are subject to an asset freeze, director disqualificationā¦
GTT, Bloom and Ponant to Develop New Energy System for Future Cruise Vessel
French engineering specialist GTT has teamed up with Bloom Energy and Ponant Explorations Group to develop an integrated energy system combining solid oxide fuel cells (SOFC) powered by LNG with marine carbon capture, aiming to significantly cut onboard emissions for future cruise operations.The system is slated to be installed on Ponantās Swap2Zero cruise vessel by 2030. The vessel will be propelled by wind-assisted technology and fuel cellsā¦
