General News – Page 18

  • Damen Mangalia

    Strain On Damen’s Romanian Links


    Dutch group Damen has been compelled to give up management and operational control of the Mangalia shipyard, Romania’s largest shipbuilder and the biggest in Damen’s international network. The move has been precipitated by a change in Romanian legislation, but does not affect the organisation’s other, longer-established presence in the country by way of Damen Shipyards Galati.

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    Port of Rotterdam CCUS project set to proceed


    The Porthos carbon capture use and storage project at the Port of Rotterdam is set to advance, following the dismissal of a challenge by Dutch environmentalists to the project. The project’s developers were reported to have committed to a Final Investment Decision (FID) on the mega-project ”within weeks” following the ruling by the Netherlands’ highest court yesterday (16 August).

  • TR Lady

    Initial rotor sail results suggest Kamsarmax will achieve 10% fuel efficiencies


    A bulk carrier vessel equipped with Anemoi Marine Technologies’ rotor sails has concluded its first voyage from China to Western Australia, following the successful installation of the rotor sails in Chengxi Shipyard, China, in June 2023. 

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    Odfjell to retrofit suction sails on board chemical tanker


    Odfjell has announced that it has signed a deal to retrofit fixed suction sails on board a chemical tanker.

  • Shaper Class PCTC

    Wallenius Wilhelmsen orders 4+8 methanol-fuelled PCTCs


    Wallenius Wilhelmsen has ordered four 9,350 car equivalent unit (ceu) vessels from Jinling Shipyard in Jiangsu province, China. The vessels will be capable of operating on methanol as a fuel, and will be ammonia-ready. The order includes individual options for a further eight vessels. 

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    Hapag-Lloyd inks bio-fuel partnership agreement


    Hapag-Lloyd and DB Schenker have signed an agreement to use reduce container transport emissions through the use of a waste and residue-based biofuel. The move follows the launch of Hapag-Lloyd’s ‘Ship Green’ in May, and is intended to help decarbonise supply chains.

  • A number of shipbuilding enterprises have experienced serious financial problems following their inclusion on lists of sanctioned entities.

    Russia transfers USC ownership to VTB Bank


    Russia’s official news agency, Tass, confirmed that the full ownership of the Russian shipbuilding monopoly, United Shipbuilding Corporation, had been transferred to VTB Bank at a meeting in Moscow between President Putin and VTB Bank’s ceo, Andrey Kostin, on 10 August. 

  • Creole Sun Methanol Tanker source waterfront shipping

    Hafnia places maiden dual-fuel methanol newbuilding order


    The global methanol fleet is set to grow with shipowners Hafnia and Socatra announcing an order for four dual-fuel vessels capable of operating on methanol. The order for four 49,800 dwt Chemical IMOII Medium-Range (MR) Newbuilds has been placed with Guangzhou Shipyard International (GSI) in southern China.

  • Raleigh Fisher Tideforce

    UK Naval/Commercial Tanker Interaction


    Replenishment at sea (RAS) operations were recently completed between a UK-owned handysized tanker and a unit of the Royal Fleet Auxiliary (RFA). The trials saw fuel exchanged in both directions with the ships under way, and were conducted off the south coast of England by James Fisher Tankships’ 35,200dwt product carrier Raleigh Fisher and the 32,000dwt RFA fleet tanker Tideforce.

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    MOL inks decarbonisation deal with GCMD


    The Global Centre for Maritime Decarbonisation (GCMD) and Mitsui O.S.K. Lines, Ltd. (MOL) have signed a five-year strategic partnership to explore decarbonisation.

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    Investment fund acquires RINA minority stake


    RINA brings Fondo Italiano d’Investimento on board to help the multinational grow its business internationally

  • Fincantieri-SAND-USV

    Fincantieri signs MoU with underwater vehicle developer


    Fincantieri has signed a Memorandum of Understanding (MoU) with an Italian underwater vehicle designer and supplier, C.A.B.I. Cattaneo (CABI), to cooperate in the potential development of underwater vehicles and their integration with larger vessels for civil applications.

  • Geir Bjørkeli

    Corvus announces leadership change


    Corvus Energy has announced that Geir Bjørkeli has decided to pursue other opportunities and will leave his role as Chief Executive Officer before the end of 2023.

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    Norden takes stake in biofuel developer


    Tanker operator Norden has acquired a minority stake in a biofuel developer, with the intention of helping the renewable fuel producer to bring its biofuel to the maritime market.

  • The UK government is overhauling the Shipbuilding Credit Guarantee Scheme (SCGS) to help owners or operators access finance for newbuild contracts and also for upgrade projects undertaken at UK yards.

    Step Change For UK Shipbuilding?


    An initiative to help stimulate orders for UK-built vessels has been launched by the UK Government. The Shipbuilding Credit Guarantee Scheme (SCGS) is designed to help owners or operators access finance for newbuild contracts and also for upgrade projects undertaken at UK yards, whereby the government will act as guarantor for lenders.

  • “K” Line and Kobe Steel will assess the performance of the binary cycle power generation system under real operating conditions

    Does seaborne thermal coal’s future depend upon CCUS or NH3 co-firing?


    Rumours of seaborne coal’s demise have been greatly exaggerated, to paraphrase Mark Twain, but shipowners should eye proposed restrictions on new projects in Asia.

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    Shell and Houlder team up on decarbonisation


    A new partnership aims to ‘cut through the noise’ of the myriad decarbonisation solutions

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    IMO elects first Latin American as new secretary-general


    Arsenio Antonio Dominguez Velasco has been elected the new secretary-general of the International Maritime Organization (IMO).

  • First Damen Air cavity DACS system installation on board of Amisco's MV Danita (2)[6751]

    First Damen air lubrication retrofit contract agreed


    Estonian-based shipping company Amisco has placed the first commercial order for Damen’s new air lubrication system, DACS. DACS, which was developed by a collaboration between Damen and the Delft University of Technology (TU Delft), will be installed aboard the general cargo vessel Danita in Tallinn, Estonia, the company confirmed.

  • BIMCO agrees with the EC's stance that climate change is a global issue Photo: BIMCO

    Boxship Lines Adopt Slower Speeds


    Whereas average sailing speed in the containership sector increased by up to 4% during the Covid-19 pandemic on the back of strong demand and in the face of widespread port congestion, the trend now has reversed.