Category: rivieramm

Honduras turns to LNG to meet energy needs Genesis Energías, Knutsen Group, and Watson Farley & Williams collaborate on converting LNG carrier Bilbao Knutsen into an FSU for Honduras’ Brassavola Power Plant Craig Go to rivieramm

Data-driven maritime innovations shape operations Insights from Orca AI, DeepSea AI, Scorpio Group and ABS highlight how AI and data integration are reshaping maritime operations for efficiency and safety Craig Go to rivieramm

Med Marine launches tug for Turkish fleet This MED-A2360 series tugboat has 65 tonnes of bollard pull for ship handling and towing Martyn Go to rivieramm

APEC milestone for electronic bill of lading Global leaders commit to enabling and promoting the electronic Bill of Lading Rebecca Go to rivieramm

Odfjell buys four leased tankers, CMB.Tech sells three Suezmaxes Odfjell’s latest deal will see the company buy seven chemical tankers over the next 14 months, while CMB.Tech has let three older vessels go Riviera Go to rivieramm

Free zone takes Portugal another step towards floating wind as PAER approaches completion  Latest step in plan for offshore renewables announced as work progresses on the country’s Offshore Renewable Energy Allocation Plan David Go to rivieramm

Petrobras awards US$2.7Bn in contracts for construction, long-term charter of 12 PSVs Brazilian oil major order will charter 12 platform supply vessel newbuilds from BRAM Offshore and Starnav for up to 12 years John Go to rivieramm

Consider deteriorating tug performance when preparing pilotage plans Plans for escorting, handling, towing and docking ships need to assess the assisted vessel’s speed and how this affects safe working loads Martyn Go to rivieramm

Vitol chooses LNG bunkering vessel cargo and fuel equipment supplier Vitol partners with Wärtsilä Gas Systems for its latest LNG bunkering vessel Craig Go to rivieramm

San Francisco orders landmark US-built, all-electric, high-speed ferries In historic first for the United States, SF Bay Ferry orders three zero-emission, all-electric, high-speed ferries John Go to rivieramm

Greenpeace settles lawsuit with Shell over North Sea protest Environmental group agrees to donate £300,000 to the Royal National Lifeboat Institution to settle multi-million-dollar lawsuit filed by Shell following North Sea protest in 2023 John Go to rivieramm

South Korea’s first electric tugboat unveiled  Emissions from docking and ship towage have been reduced in Busan Port with the introduction of battery-electric tug Meta 7 Martyn Go to rivieramm

Industry grapples with integration of new satellite systems and digital technologies Maritime connectivity providers and technology experts have highlighted significant challenges in integrating emerging satellite systems and digital technologies on offshore support vessels, while debating the industry’s approach to cyber security and data management Edwin Go to rivieramm

QatarEnergy challenges EU emissions penalties framework QatarEnergy chief executive Saad Sherida Al-Kaabi criticises EU emissions penalties, questioning their impact on LNG trade with Europe amid energy policy tensions Craig Go to rivieramm

UK confirms 2030 offshore wind target has been adjusted downwards Labour administration confirms it is aiming for 43 to 50 GW of offshore wind by 2030, rather than 60 GW, including 5 GW of floating wind David Go to rivieramm

OSV industry’s ‘moon shot’: the complex route to decarbonisation amid market realities DNV Maritime director Arnstein Eknes explains the key to solving the decarbonisation challenge is data collection. Without it, the sector is like ‘15 different Apollo rockets, each with unique fuels and solutions’ Edwin Go to rivieramm

TECO 2030 declares bankruptcy Stock exchange notice shows company says it “no longer has a realistic opportunity to raise sufficient capital to continue operations” Riviera Go to rivieramm

Ørsted makes multi million-pound Hornsea 3 investment in UK suppliers Company has awarded contracts collectively worth £75-£100M for home-grown offshore wind components David Go to rivieramm

How to deliver a zero-emissions fleet by 2035 San Francisco Bay Ferry has announced a comprehensive plan to transition its fleet to zero-emissions vessels by 2035, marking the largest electric maritime transport initiative in United States history Edwin Go to rivieramm

Ownership of FSRU Independence transferred to KN Energiés KN Energiés completes acquisition of FSRU Independence, ensuring reliable LNG regasification services and reinforcing its energy security strategy Craig Go to rivieramm

Government of Malta launches tender for first offshore windfarm Country sets out plans for floating windfarm of up to 320 MW David Go to rivieramm

Autonomous navigation technology gets double registry approval HD Hyundai has taken a significant step toward the commercialisation of its technology, which aims to enable large commercial ships to be sailed remotely Martyn Go to rivieramm

Chevron: biofuels offer immediate path to maritime decarbonisation North American biofuel production will double to 38Bn litres by 2030, marking a transformation from niche to mainstream maritime fuel solution Edwin Go to rivieramm

S&P activity in OSV sector down 43% y-o-y S&P activity totals US$1.63Bn YTD, as 155 OSVs exchange hands John Go to rivieramm

Sea1 Offshore reports OCV extended, new chief commercial officer PXGeo extends offshore construction vessel to 2026, while former Viking Supply Ships CCO joins Sea1 Offshore in same role John Go to rivieramm

UK government hands out £1M funding for seafarer recruitment and training Nine coastal and maritime clusters around the UK will secure funding to support education, training and skills for maritime, offshore and port operations Martyn Go to rivieramm

Call for applications for the delivery of full-service port towage services. The Kingdom of Morocco has developed a new port, called “Nador West Med Port” on the southern coast of the western Mediterranean, about 120 miles from the Straits of Gibraltar. John Snyder Go to rivieramm

AET invests in developing Singapore’s maritime workpool Memorandum of understanding signed with Singapore Maritime Foundation commits the shipowner to funding multiple scholarships Riviera Go to rivieramm

Fjord1 moves forward with autonomous zero-emissions ferry quartet Fjord1 has placed contracts for onshore charging stations Rebecca Go to rivieramm

Fuel additives ‘boost maritime decarbonisation efforts’ New data shows advanced fuel additives can deliver immediate 3% fuel savings across the maritime sector while reducing emissions without major infrastructure changes Edwin Go to rivieramm

DFDS and partners launch UK-Netherlands ropax green shipping corridor project Transforming a DFDS route into a green corridor for methanol-fuelled ferries Rebecca Go to rivieramm

OceanWings awarded AiP for wind-assisted propulsion system   ABS awards approval in principle for French company’s novel wind-assisted propulsion system John Go to rivieramm

IBIA: very high cat fines levels in northern Europe bunkers rare, incidences decreasing  IBIA says bunker samples consistently meet ISO standards in response to a report that engine-damaging catalytic fines are exceeding ISO standards in northern European bunker samples Riviera Go to rivieramm

Why underwater-radiated noise is an issue for vessel operators IMO, ABS, Memorial University and eSonar address underwater-radiated noise, balancing marine ecosystem protection with sustainable vessel operations Craig Go to rivieramm

Hardware unveiled for coastal and port workboat connectivity With an independent terminal, vessels can link to 5G, LTE coastal networks or WAN in ports Martyn Go to rivieramm

Dedicated floating wharf opens for Australian port vessels Port Authority of New South Wales has invested in a wharf for its pilot boats and multipurpose vessels Martyn Go to rivieramm

US sanctions 35 tankers and traders of Iranian oil in latest ‘shadow fleet’ push The US Treasury’s Office of Foreign Assets Control says the vessels, companies and individuals under sanction play a ’critical role’ in moving Iranian crude Riviera Go to rivieramm

Stolt Tankers bunkers full inland tanker fleet with vegetable oil Stolt-Nielsen Inland Tanker Service expects its fleet of more than 30 vessels will shave 18% off carbon emissions in December with vegetable oil Riviera Go to rivieramm

Autonomy and artificial intelligence: the digital pair reshaping offshore operations Offshore support vessel owners are reaping financial rewards from the sector’s shift to unmanned vessels and an artificial intelligence-led technological revolution Martyn Go to rivieramm

Saverys initiates second bid to take Exmar private Belgian shipowner Nicolas Saverys’ holding company Saverex has notified investors of its intent to capture at least 95% of the company’s shares Riviera Go to rivieramm

UK considers adding shipping to its emissions trading scheme in 2026 Consultation period opens on “a number of proposals” that could see the UK follow in the footsteps of the EU’s addition of maritime to its ETS Riviera Go to rivieramm

Updated: Declaring options, undisclosed owner now has six PSV newbuilds at PaxOcean Salt Ship Design reports undisclosed owner building six PSVs at Chinese shipyard and holds options for four more John Go to rivieramm

Knutsen-NYK debuts LCO2 vessel design, says cargo tanks are feasible KNCC is starting a study with NYK into a 40,000-m3 LCO2 tanker after completing a feasibility study into elevated-pressure cargo tanks for transporting liquefied CO2 Riviera Go to rivieramm

K-Line lands time charter deal with India state-owned natural gas company Indian energy company GAIL will take an LNG carrier under construction at Samsung Heavy Industries on charter Riviera Go to rivieramm

Stödig rolls out Starlink and crew quotas to control connectivity Crew members are allocated 5 GB per week for online applications, social media and family calls Martyn Go to rivieramm

Panama expedites revokation of six vessels on UK sanctions list Recent UK sanctions against Panama-registered tanker vessels have prompted the flag state to invoke a new ’expedited cancellation’ process for six vessels Jamey Go to rivieramm

NYK Line takes delivery of newbuild LNG carrier NYK said it would continue to collaborate on LNG transport and other initiatives with charterer Kyushu Electric Power Co Riviera Go to rivieramm

SEACOR Marine orders two PSVs, exits AHTS vessel sector SEACOR Marine restructures debt, orders two PSV newbuilds and exits AHTS sector John Go to rivieramm

USA takes action on plastic pollution in waterways The US EPA launches the National Strategy to Prevent Plastic Pollution Craig Go to rivieramm

Shipowner-developed onboard carbon capture system drives value creation Langh Tech, Damen Shipyards, BAM Shipping and Atal Solutions collaborate on onboard carbon capture technology, blending emissions reduction with value creation for sustainable shipping Craig Go to rivieramm

Evergreen Marine launches joint venture terminal with PSA PSA Singapore and Evergreen’s new joint venture to boost efficiency, innovation and sustainability efforts Rebecca Go to rivieramm

Prokopiou agrees US$1.1Bn sale-leaseback deal on five large LNGCs George Prokopiou-controlled Pure Energy agreed the deal on five 200,000-m3 vessels Riviera Go to rivieramm

Flex LNG lands 15-year time charter on LNG carrier 173,400 m3 Flex Constellation will be open for spot trading and short-term time-charters from the end of Q1 2025 Jamey Go to rivieramm

First electric tugboat among six delivered to Port of Antwerp Bruges One battery-driven and five diesel-powered reverse stern drive tugs were unloaded at the Belgian port Martyn Go to rivieramm

Venterra secures UKEF-guaranteed export finance facility Acquisitive offshore wind services business is targeting export growth from in global offshore wind market David Go to rivieramm

Five years into sulphur cap, cat fines still a ‘major problem’, says fuel test group Catalytic fines that can damage engine components are exceeding ISO standards in northern European bunker samples, says fuel-testing specialist CM Technologies Riviera Go to rivieramm

Norsepower opens dedicated factory for rotor sails in China The site will have a production capacity of 100 units per year Riviera Go to rivieramm

Regulations chase the coming wave of remote-controlled vessels Four zero-emissions ferries for Norway are among the autonomous and remote-controlled maritime projects that are outpacing the current regulatory framework Selwyn Go to rivieramm

Offshore wind survey and inspection specialist Sulmara secures investment boost Scottish company sees significant opportunity in the renewables sector for low-carbon survey services David Go to rivieramm

MPCC’s Q3 results: seizing opportunities, enhancing fleet MPCC’s Q3 2024 results reveal significant earnings visibility from a further increased charter backlog Rebecca Go to rivieramm

Middle East oil and gas OSV market heating up OSV activity in Middle East offshore oil and gas sector is bouncing back, following Saudi Aramco’s decision to cancel contracts for 22 jack-ups earlier this year, and RVO has taken delivery of the first of 10 AHTS newbuilds John Go to rivieramm

Avance Gas to exit market as Exmar buys out four newbuild contracts Sale of quartet of mid-sized gas carriers follows US$1Bn sale of Avance Gas’ very large gas carrier fleet to BW LPG Jamey Go to rivieramm

Northern Lights first LCO2 carrier launches CO2 agenda for 2025 Northern Lights, K Line and DNV advance CO2 shipping with Northern Pioneer’s delivery, signalling maritime decarbonisation strides for 2025 Craig Go to rivieramm

Lloyd’s Register completes OTG purchase The UK-headquartered classification society will integrate OTG with its own OneOcean business Martyn Go to rivieramm

Green light for US$7Bn Indonesian offshore gas, carbon capture project Saipem and its partner have won a US$1.2Bn contract for offshore infrastructure that will support LNG output from a major Asian export centre for decades Martyn Go to rivieramm

Global fleets bolstered by bonanza of tug completions  Tug owners worldwide have expanded their fleets with advanced, powerful vessels from major shipbuilders Martyn Go to rivieramm

BIMCO adds charter party clause for FuelEU time charter agreements With a 1 January 2025 entry, the FuelEU Maritime Regulation may require stakeholders to start taking measures now, says BIMCO Riviera Go to rivieramm

Rotterdam fund invests in maritime carbon capture ETF-R, Value Group and InnovationQuarter partner to advance maritime carbon capture and emissions reduction in the Port of Rotterdam through a €2M investment Craig Go to rivieramm

Cummins Turbochargers: engineering solutions for future fuels Cummins, known for its durable marine engines and advanced turbocharging solutions, is leading the way in developing technology for a sustainable future Paul Go to rivieramm

Belgium launches tender for 700-MW offshore windfarm Tender is first of three due to take place in the Princess Elisabeth Zone in the North Sea David Go to rivieramm

Marine insurers navigate green tech blind spots as cyber threats surge Insurers risk “jumping ahead too quickly” in supporting maritime decarbonisation without understanding the long-term consequences, says a leading marine insurer Edwin Go to rivieramm

Danske Commodities signs balancing agreements for Polish offshore windfarms Energy trader signs offtake deal for Baltyk 2 and Baltyk 3 windfarms being developed by Polenergia and Equinor David Go to rivieramm

Shipbuilding orders ‘running ahead of all years since 2007’ Shipbroker Clarksons’ research arm reports a newbuilding swell that is mounting towards historic delivery numbers in coming years Jamey Go to rivieramm

Five-vessel contract for offshore oil and gas walk-to-work SOVs goes to Norwegian shipyard The five service operation vessels will provide maintenance, supply, and operational services to platforms in the offshore oil and gas sector Riviera Go to rivieramm

Fuel and emissions savings: masters vs AI-driven voyage optimisation Maritime decarbonisation will rely on machine learning, accurate weather information, real-time data analytics and energy-saving technologies, all combined Martyn Go to rivieramm

What keeps chemical and product tanker owners awake at night An industry poll reveals the concerns that keep chemical and product tanker owners and operators awake at night Craig Go to rivieramm

Massachusetts has ‘secret sauce’ to keep offshore wind on track Report suggests ‘climate and jobs’ approach could see Southern New England states meet own energy demands and become energy exporters David Go to rivieramm

US legislation would create US$1Bn annual funding for zero-emission ship technologies   A House bill would create a US$1Bn annual fund to R&D of zero-emission technologies for use and retrofit on US ships John Go to rivieramm

Coal, bauxite drive dry bulk outlook Drewry Shipping Consultants expect coal and bauxite trades to grow significantly, reflecting their importance in dry bulk shipping’s cyclical recovery Craig Go to rivieramm

Decarbonisation report shows Amazon, other major shippers falling short Amazon is ’failing the climate across its shipping and logistics network’, says a report by the non-profit Ship It Zero campaign Riviera Go to rivieramm

MOL, KEPCO collaborate to drive hydrogen shipping forward The partners join forces to advance liquefied hydrogen carriers for clean energy goals Craig Go to rivieramm

China cements role as passenger ship builder China has celebrated cruise ship building milestones this year, despite a fall in passenger volumes due to the impact of the pandemic Rebecca Go to rivieramm

VPS, DNV Veracity partnership tackles MRV reporting for offshore vessels Leading digital decarbonisation services provider VPS has inked a partnership with DNV’s Veracity to streamline MRV reporting for offshore vessel owners John Go to rivieramm

Multi-fuel systems ready bulkers for ammonia A breakthrough approach to alternative marine fuels that could revolutionise bulk shipping’s path to decarbonisation has been presented at a London conference Edwin Go to rivieramm

Tanker newbuilding orders continue to roll in Brokers say newbuildings market is still reporting regular multi-vessel orders Riviera Go to rivieramm

Snam advances Ravenna LNG Terminal with breakwater construction Snam, ACCIONA and RCM Costruzioni advance Italy’s energy infrastructure with a €216M breakwater for the Ravenna LNG terminal Craig Go to rivieramm

Bulk carrier operators need specialist retrofit partners to break decarbonisation deadlock The shipping industry urgently needs dedicated retrofit specialists to break through the current ‘decision paralysis’ in maritime decarbonisation Edwin Go to rivieramm

What keeps LNG carrier and terminal operators awake at night? Technological innovation, workforce retention and bioLNG challenges dominate LNG carrier and terminl operator discussions Craig Go to rivieramm

HTM orders six ‘ultra-spec’ chemical tankers Hercules Tanker Management and Peninsula are adding six ultra-spec chemical tankers to their fleet, enhancing sustainable maritime operations Craig Go to rivieramm

Maersk converts first large box ship to dual-fuel methanol Maersk converts first large container vessel to be powered by a dual-fuel methanol engine Rebecca Go to rivieramm

US ports to receive another US$580M tranche of Biden IRA funding MARAD has announced plans to invest nearly US$580M to fund 31 port improvement projects in 15 states and a US territory Riviera Go to rivieramm

Violent year in Red Sea marked by call for release of Galaxy Leader hostages International Chamber of Shipping secretary general calls for immediate release of 25 seafarers held on board the car carrier in Yemen Riviera Go to rivieramm

Cruise ships, gas carriers cut fuel consumption up to 8% Energy efficiency measures have been applied to a cruise ship fleet, and by a Norwegian shipowner, resulting in fuel and emissions reduction Martyn Go to rivieramm

Japan maintains LNG handling amid trade shifts JOGMEC’s latest data reveals Japan’s LNG handling trends, with domestic imports falling while external trade expands Craig Go to rivieramm

BTA revises UK standard conditions for towage 2024 update takes into account technical advances and court rulings since the last update in 1986 Martyn Go to rivieramm