Category: rivieramm

Analysis shows economic case building for alternative fuels in tanker segment Economic analysis demonstrating the strengthening business case for dual fuel in the tanker sector presented at Singapore decarbonisation conference Edwin Go to rivieramm

Petrobras, SBM, Mitsubishi study carbon capture for FPSOs CO2 from gas turbines on oil production ships could be captured and stored to reduce greenhouse gas emissions from offshore operations Martyn Go to rivieramm

Sun Ferry: a ‘stepping-stone’ approach Ho Sun Ferry is future proofing with its fleet of new vessels Rebecca Go to rivieramm

IMO carbon levy breakthrough reshapes shipping’s decarbonisation landscape Industry leaders gather at Singapore decarbonisation conference to assess the implications of advancing Singapore’s J9 proposal as the frontrunner carbon pricing framework Edwin Go to rivieramm

Angelakos (Hellas) advances fleet renewal with orderbook expansion The Greek shipowner’s fifth newbuilding initiative consists of eight eco-friendly Kamsarmax bulk carriers Georgios Go to rivieramm

Greek owner George Chatzis linked to fresh bulk carrier S&P play Grehel Shipmanagement has emerged as the new owner of two Japanese-built Supramax bulk carriers Georgios Go to rivieramm

Record level of offshore oil and gas accidents reported in Brazil ANP reported a record 731 accidents in the Brazilian offshore oil and gas sector during 2024, surpassing the previous year’s record high John Go to rivieramm

State of Victoria to launch RfP for 2 GW of offshore wind in late 2025 Process initiated that will lead to contract awards in October 2026 David Go to rivieramm

Rotortugs deployed with eco-friendly fendering Signet Maritime’s latest tugboats have fenders made from polyurethane, which can be recycled and reprocessed, and are 30% lighter than rubber Martyn Go to rivieramm

NYK Cruises takes delivery of Asuka III Ship’s builder says ship is one of the “most energy-efficient cruise ships ever built” Rebecca Go to rivieramm

Cat methanol-ready engines selected for Olympic Subsea CSV newbuilds Pon Power will supply methanol-ready Caterpillar Marine variable-speed gensets for two Olympic Subsea construction support vessels being built in China John Go to rivieramm

Grimaldi confirms ‘pioneering’ US$1.3Bn order for nine ropax ships Grimaldi’s new ships are expected to reduce CO2 emissions per transported cargo unit by more than 50% compared with existing vessels Georgios Go to rivieramm

Pan Ocean secures US$340M long-term iron ore transport deals with Vale, Hyundai Glovis Agreements cover long-term transport from Australia to South Korea and Brazil to China Georgios Go to rivieramm

CMB.TECH, Damen progress hydrogen-ready ASD tug designs Damen Shipyards has been awarded a contract to construct four fuel-flexible azimuth stern drive tugs using CMB.TECH’s hydrogen combustion technology Martyn Go to rivieramm

IMO adopts net-zero rules, industry divided MEPC 83’s approval of GHG intensity rules for 2028 enforcement has drawn support and criticism across the maritime sector Craig Go to rivieramm

Trump looks to restore ‘America’s maritime dominance’ The President’s executive order directs various government agencies to produce a Maritime Action Plan and other executive reports to revitalise the American shipbuilding and maritime industrial base John Go to rivieramm

Fredriksen’s Seatankers linked to bulk carrier sale spree  Shipbroking sources suggest John Fredriksen may be initiating a broader sale flurry in the dry bulk S&P market Georgios Go to rivieramm

Juice carrier Atlantic Orchard fitted with suction sails bound4blue, Louis Dreyfus Company, Wisby Tankers, Astander Shipyard, and Lloyd’s Register involved in the suction-sail installation Craig Go to rivieramm

Methanol fuel: preparing ships for a green-fuels future With the engine technology now available, ships are being built ready to use green methanol Martyn Go to rivieramm

AIDA Cruises signs contract for two new ships Ships will be equipped with advanced multi-fuel engines capable of operating on LNG, biodiesel and next-generation sustainable fuels Rebecca Go to rivieramm

SAAM Terminals inaugurates advanced simulator at Chilean terminal A simulator has been installed to train crane operators at a major terminal on the Pacific cost Martyn Go to rivieramm

Pantheon Tankers signs newbuilding deal for Suezmax duo in South Korea The prominent Greek shipowner has finalised a deal, signalling a shift in its current tanker newbuilding strategy Georgios Go to rivieramm

Cobham sells maritime satcoms subsidiary to investment group This transaction will enable Cobham Satcom to invest in new communications terminals Martyn Go to rivieramm

LDA gets approval in principle for hydrogen-powered SOV Vessel is designed to operate with zero carbon emissions 95% of the time David Go to rivieramm

Boluda Towage, Marsa Maroc consortium wins port towage licence A fleet of tugs will be built for a transhipment port being constructed in Morocco Martyn Go to rivieramm

Trump tariff war sends crude, shares of offshore oil companies tumbling Global trade war pushed Brent crude oil futures to below US$59 per barrel in intraday trading on 9 April, while share prices of offshore oil and gas service companies continued to skid John Go to rivieramm

Boluda acquires Arctia stake in Finnish ice-breaking tug owner One of the world’s largest owners of harbour tugs has made another play into gaining market share in the Scandinavian market Martyn Go to rivieramm

Luxcara turns to TKF for Waterkant inter-array cables TKF will supply 130 km of 66 kV cables manufactured at its new factory in Eemshaven, the Netherlands David Go to rivieramm

Havila Voyages joins in development of solide oxide fuel cell-based onboard carbon capture system Using LNG as a fuel, partners are aiming for the onboard CO2 capture and storage system to reduce CO2 density close to FuelEU’s 2050 threshold Rebecca Go to rivieramm

Panama Canal, Maersk plan offshore charging for shipping Vessels and escort tugs could be charged at sea outside the Panama Canal to reduce fuel consumption and emissions Martyn Go to rivieramm

Ammonia fuel: industry needs to focus on safety, seafarer training    Engine technology and fuel systems are ready, and ships are being built in preparation for ammonia fuel Martyn Go to rivieramm

Wind industry launches ‘Call to Action’ at Copenhagen conference Three steps outlined to boost Europe’s energy independence and competitiveness as China ‘does laps around Europe on electrification’ David Go to rivieramm

Getting ready for prime time: high-speed methanol engine options Recent approvals in principle clear the way for field tests of new four-stroke methanol engines and retrofits John Go to rivieramm

Japanese-built bulk carriers dominate S&P deals as vessel origin shapes buying preferences Shipbroking reports indicate nearly 60 bulk carriers changed hands in March, with approximately 56% built in Japan Georgios Go to rivieramm

Glen Sannox: behind the scenes of the UK’s first LNG dual-fuel ferry How CMAL is adapting to its first LNG dual-fuel ferry Rebecca Go to rivieramm

Two Incat Crowther-designed CTVs ordered at Florida shipyard St Johns Ship Building was awarded separate contracts to build two US cruise vessels and two 27-m CTVs for undisclosed owners John Go to rivieramm

ZIM fixes 10 LNG-dual-fuel container vessels from George Economou, Idan Ofer The deal, valued at US$2.3Bn, involves 11,500-TEU vessels being built at China’s Zhoushan Changhong Shipyard Georgios Go to rivieramm

IMO MEPC 83 opens with climate focus IMO, Liberia and Singapore open MEPC 83 to advance Marpol Annex VI amendments and endorse global shipping’s net-zero commitment Craig Go to rivieramm

Chinese-built bulk carriers struggle to secure period charters amid US port fee uncertainty The USTR’s proposal has affected both cargoes arriving at and departing from the US Georgios Go to rivieramm

Indian shipbuilder to construct Damen tugs According to local reports, an MoU has been signed by Damen Shipyards and an Indian builder to construct tugboats in India Martyn Go to rivieramm

UK leasing round for floating wind moves to final stage Bidders progressing to ITT Stage 2 said to favour Port Talbot and/or Port of Bristol for the delivery of Round 5 projects David Go to rivieramm

Legal landscape surrounding Solong, Stena Immaculate collision and salvage costs Columnist Simon Tatham explains the legal and salvage implications from the collision of the container ship into the product tanker in UK waters Simon Go to rivieramm

UK Government gives green light to Rampion 2 offshore windfarm Developer RWE acclaims planning success following four-year programme of engagement and consultation David Go to rivieramm

Shipping reacts to mass Trump tariffs and potential trade war Container vessels and car carriers would be expected to take the hardest hit, while dry bulk shipping may see more moderate effects Georgios Go to rivieramm

Getting shipping’s GHG emissions reductions back on track ABS senior vice president, global engineering and digital product development, and chief technical officer, Patrick Ryan sees a ‘big role’ for alternative fuels, digitalisation and AI in achieving IMO 2030 emissions-reduction targets John Go to rivieramm

APM Terminals expands footprint with Panama Canal Railway acquisition Amid geopolitical tensions surrounding the Panama Canal, APM Terminals has acquired the Panama Canal Railway Co, strengthening its logistics network Georgios Go to rivieramm

MAIB interim report adds detail to Solong-Stena Immaculate collision, names lost crewman The UK’s Marine Accident Investigation Branch said its full investigation is ongoing Jamey Go to rivieramm

US sanctions Russia-flagged bulk carrier over alleged Ukrainian grain smuggling to Yemen OFAC noted the targeted vessel had completed at least two shipments of stolen Ukrainian grain Georgios Go to rivieramm

Saipem wins US$720M offshore contracts in Middle East, Guyana One contract covers another deepwater oil project for a US oil major; the other to repair and replace damaged subsea pipelines Martyn Go to rivieramm

LNG carriers make up more than half of South Korean shipyards’ orderbooks With some 276 gas carriers on order, South Korea’s shipbuilding industry is benefiting from a historic burst of LNG carrier orders in recent years Jamey Go to rivieramm

Design choices define CO2 vapour return strategies Thermodynamics, regulations and real-world experience shape the handling of vapour return at carbon capture and storage terminals Craig Go to rivieramm

Intrepid Energy orders subsea well intervention technology Hardware and engineering support will be delivered for a multi-year offshore campaign in the Gulf of Guinea Martyn Go to rivieramm

IMO develops global strategy for maritime digitalisation Cyber security is a key requirement for safeguarding digital platforms exchanging information and implementing artificial intelligence in the maritime sector Martyn Go to rivieramm

Shell expands LNG strategy through Pavilion Energy Shell, Pavilion Energy and China’s Shanghai Gas Group feature in Shell’s LNG growth plan targeting a 4-5% annual sales increase by 2030 Craig Go to rivieramm

CMAL chooses shipyard for seven electric ferries The electric ferries will help to support island communities and improve the resilience of the Clyde and Hebrides ferry network Rebecca Go to rivieramm

Wärtsilä to supply advanced simulation models for methanol, ammonia training Advanced simulation models will support the training, knowledge and safety of using methanol and ammonia as fuels in Singapore under a new partnership announced at Singapore Maritime Week 2025 John Go to rivieramm

Greek owner tied to triple container vessel acquisition in S&P market Cosmoship Management has reportedly re-entered the secondhand vessel market, further strengthening its container vessel fleet Georgios Go to rivieramm

Incremental changes reshape LNG terminals across Europe Subtle developments at European LNG terminals are reshaping long-term energy strategies Craig Go to rivieramm

Ammonia dual-fuel systems approved for Trafigura gas carrier newbuilds Trafigura has received the go-ahead to build a series of four gas carriers that can run on ammonia fuel Riviera Go to rivieramm

Viva Energy seeking FSRU for proposed LNG terminal in Geelong, Australia Long-proposed terminal adjacent to oil refinery is awaiting environmental impact assessment, with FID targeted for late 2025 Jamey Go to rivieramm

Latest Engage newbuild starts delivery voyage A newbuild harbour tug with low emissions and a redesigned aft deck is on its way from Vietnam to commence operations in Sydney, Australia Martyn Go to rivieramm

MSC Cruises marks trio of World-class milestones MSC World America delivered, coin ceremony for MSC World Asia and steel cutting for the newly named MSC World Atlantic celebrated Rebecca Go to rivieramm

Delivery of Germany’s first all-electric catamaran   Reederei Norden-Frisia names first German electric catamaran Frisia E-I Rebecca Go to rivieramm

Major Greek owners partner with MIT and industry on nuclear and alternative fuels The MIT Maritime Consortium will focus on new nuclear system designs and the economic feasibility of alternative fuels, among other areas Georgios Go to rivieramm

Salvors prevent 2.4M tonnes of pollutants in 2024  Salvage, emergency response and wreck removals saved pollution of oils, bunkers, containers and other hazardous cargo from 162 services Martyn Go to rivieramm

These shipyards drive China’s dominance in the global shipbuilding industry China has entered a new phase of expansion, set to add approximately 200 more vessels per year to global shipbuilding capacity Georgios Go to rivieramm

Chevron to deploy new high-speed semi-SWATH offshore crewboat A 35-m, semi-SWATH is being built for use by Chevron Thailand Exploration and Production, Ltd in the offshore oil and gas sector John Go to rivieramm

Bollinger lands nearly US$1Bn for US heavy icebreaker newbuild programme Mississippi shipbuilder receives US$951.6M contract modification to advance the detail design and construction of Polar Security Cutter Program John Go to rivieramm

Orlen deepens LNG chartering with Ukraine deal Orlen expands LNG transport with new carriers and strikes LNG supply deal with Ukraine’s Naftogaz Craig Go to rivieramm

Video: drone maker begins path to autonomy for confined-space drones Drones capable of returning to takeoff point upon autonomous assessment of battery level and distance can also recognise obstacles in route Riviera Go to rivieramm

Boluda starts towage in major Central American port Three tugs have started supporting ships visiting a harbour on the Caribbean coast of Honduras Martyn Go to rivieramm

Chartwell Marine trials foiling fast ferry TriFoiler demonstrator   The vessel has now begun sea trials on Southampton water, which will run until the end of March Rebecca Go to rivieramm

Women in towage: Lise Demant Svitzer’s managing director of European business discusses her career in maritime and towage Martyn Go to rivieramm

US announces Black Sea safe navigation agreements with Russia, Ukraine Agreements also include a ban on strikes against energy facilities in both countries Georgios Go to rivieramm

Solong to be towed to Scotland, Stena Immaculate salvage continues The UK’s Maritime and Coast Guard Agency said salvors had made enough progress to relocate the smaller box ship feeder vessel Solong Jamey Go to rivieramm

European tug owners and pilots: safety is paramount for EU port strategy A consortium of European tug owners and pilots has called on the European Commission to make safety the top priority of its future sustainable ports strategy Martyn Go to rivieramm

UK sets maritime net zero emissions target for 2050, brings ETS to sector Interim targets of 30% by 2030, 80% by 2040 also included in new UK maritime decarbonisation strategy Jamey Go to rivieramm

CMB.TECH and MOL in major ammonia push with ‘landmark’ nine-vessel deal The agreement includes three Newcastlemaxes and six chemical tankers, set to become among the world’s first ammonia-powered vessels Georgios Go to rivieramm

Video: Fugro survey vessel runs aground off Italian island Geophysical survey vessel runs aground off Elba, Italy, after seeking shelter during severe weather Riviera Go to rivieramm

Potential winners in dry bulk from the US port fee proposal Analysts are examining the key uncertainties and potential opportunities emerging in the dry bulk market Georgios Go to rivieramm

Ørsted confirms Greater Changhua 2b and 4 offshore substation installed Company says the 920-MW project is progressing well, and work has also begun installing the export cable David Go to rivieramm

Shell starts Brazilian deepwater FPSO-subsea development Another Brazilian pre-salt development will involve a network of multiple wells and subsea infrastructure connected to an FPSO Martyn Go to rivieramm

Lubricant breakthroughs cut fuel consumption  While the spotlight within the maritime industry is increasingly focused on future fuel pathways, oil companies are adapting lubricants to reduce fuel and emissions Martyn Go to rivieramm

EU energy plan supports LNG terminal expansion The EU’s energy plan points to increased LNG imports and infrastructure funding. What does this mean for terminals and shipping? Craig Go to rivieramm

Solvang invests in hybrid connectivity for crew welfare NexusWave is being installed across a fleet of gas and ethylene carriers enabling cloud-based business applications and video conferencing for seafarers Martyn Go to rivieramm

Ferry sector calls for more shore power funding Ferry shipping executives call for funding for the entire energy supply chain from the power plant to the port at Interferry’s European Shipping Summit Seminar Rebecca Go to rivieramm

NTSB: 68 US bridges to be evaluated for risk of collapse In its investigation into the March 2024 ship strike and collapse of Baltimore’s Francis Scott Key Bridge, the US transportation safety board identified safety issues with dozens of bridges Jamey Go to rivieramm

Despite rig suspensions, ‘path for growth’ remains in the Middle East MSI senior offshore energy market analyst, Todd Jensen, sees significant prospects for OSV demand in the Middle East over the next three years John Go to rivieramm

Cape Shipping expands tanker portfolio with MR acquisitions from Evalend The traditional bulk carrier and container vessel owner has re-entered the tanker market Georgios Go to rivieramm

Electric pusher tug design unveiled to cut European waterways’ emissions A Belgian shipbuilder and a Lithuanian maritime engineering company have jointly developed designs for a pusher vessel running on batteries or zero-carbon fuels Martyn Go to rivieramm

DOF refinances in US$1.1Bn deal after securing FPSO installation project A syndicate of up to 10 banks have agreed a US$1,025M term loan and US$50M revolving credit Martyn Go to rivieramm

Early signs of fleet strategy shifts in S&P market amid US port fee proposal Initial indications suggest shipowners are already re-evaluating their fleet strategies and exploring alternative sourcing options Georgios Go to rivieramm

Fredriksen returns to public dry bulk market with 10% stake in Greece’s Star Bulk This move comes just two weeks after John Fredriksen sold his stake in Golden Ocean to the Saverys family-controlled CMB.TECH Georgios Go to rivieramm

BW LNG deploys software for fleet reporting Programs will assist BW LNG with energy efficiency, operations analysis, itinerary planning and benchmarking Martyn Go to rivieramm

Tsakos expects US$2Bn in gross revenues from ‘milestone’ Transpetro shuttle tanker deal The nine-vessel shipbuilding contract is valued at approximately US$1.3Bn, with deliveries scheduled through the end of 2028 Georgios Go to rivieramm

Orient Express Sailing Yachts agrees shipmanagement partnership World’s largest sailing yacht and sister ship to be under shipmanager Rebecca Go to rivieramm

Capital mulls fresh VLCC order, in advanced talks with South Korean shipyard Market sources associate the major Greek shipowner with a letter of intent with South Korea’s Hanwha Ocean for two VLCCs Georgios Go to rivieramm

US firm starts US-flagged transport of US LNG to Puerto Rico Crowley is managing the first US-flagged LNG carrier to provide LNG for power generation to Puerto Rico’s fragile power grid Riviera Go to rivieramm

Houthis vow to restart attacks on shipping as US and Israel renew airstrikes The US has launched a targeted offensive in Yemen and Israel has ended the fragile ceasefire in Gaza with attacks killing hundreds Riviera Go to rivieramm