Monday, December 23, 2024

Commercial Shipping News

Exploring 'Future Fuels' - Methanol’s Superstorage Solution

Image courtesy SRC

Technical inquiries to SRC Group ramped up after it received Approval in Principle (AIP) for a concept which ‘reinvented methanol fuel storage’ on board ships. Delivering the answers has seen technical talk…

Sail Power: Liebherr Delivers World's Largest Slewing Drive Units

Liebherr advances into new dimensions with the world’s largest slewing drive units. Photo: Liebherr

As the maritime industry grapples with the technology and technique to meet increasingly strict emission mandates, eConowind is working to deliver an innovative wind sail system.In step with the development…

US Energy Exports Severely Disrupted by Hurricane Laura

File photo (Credit: Andrew Kendrick, U.S. Coast Guard)

Oil and gas exports from the United States have been severely disrupted by Hurricane Laura, with nearly a million barrels per day (bpd) of crude exports likely reduced this week by closures of U.S. Gulf Coast…

Fire-Damaged Philadelphia Oil Refinery Heads for Auction

© skyNext / Adobe Stock

The fate of the largest East Coast oil refinery is set to be decided on Friday in an auction that could determine whether the Philadelphia plant is restarted or used for a different purpose for the first time in over a century.The refinery's owner…

Oil Jumps After US Kills Iran's Soleimani

© qiujusong / Adobe Stock

Oil prices jumped more than $3 on Friday after a U.S. air strike in Baghdad ordered by President Donald Trump killed the head of Iran's elite Quds Force, sparking concerns for an escalation of regional tensions…

Wilhelmsen, NorSea Join Forces for Hydrogen

The Norwegean global maritime industry group Wilh. Wilhelmsen Holding ASA and Denmark-based supply chain manager NorSea join forces to develop liquid hydrogen supply chain for maritime applications in Norway.The…

GreenSteam Acquires BMT Smart

Denmark-based GreenSteam, a majority owned company of BP, has acquired BMT’s data collection and performance optimisation subsidiary UK-based firm SMART. The marine efficiency software solutions provider is…

LDA Ventures into Wind-Powered Shipping

French family-owned maritime transportation group Louis Dreyfus Armateurs (LDA) is venturing into wind-powered shipping as the group sees the benefits of operational savings and a need for decarbonisation.LDA…

Iran's Oil Tanker Fleet Being Squeezed as Sanctions Bite

© alexyz3d / Adobe Stock

Iran is running short of options to replace its ageing fleet of tankers and keep oil exports flowing because renewed U.S. sanctions are making potential sellers and flag registries wary of doing business with Tehran…

Afghan Launches India-Iran Shipping

Afghan Ministry of Transportation will soon launch a commercial shipping line with the assistance of the Islamic Republic of Iran to conduct business activities between Chabahar Free Trade Zone and India.IRNA…

Gagarin Prospect Performs Ship-to-Ship LNG Bunkering

The large-capacity Aframax tanker "Gagarin Prospect", owned by Russia's SCF Group,  successfully implementated  construction and operation commencement  using LNG as the primary fuel.Konstantin G. Palnikov…

Coal's Problem is Not Climate Change: Kemp

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U.S. coal companies blame climate campaigners and the Obama administration for waging a war on coal that has cost thousands of jobs and threatened struggling mining communities. But coal’s long-term problems…

UMC Expands Dive Operations in Labuan

Photo: UMC

UMC has expanded its operations in Labuan to offer inshore operational support in addition to the existing offshore services. The offshore division of UMC (formerly Core-IRM) has been based in Labuan for several…

Turkey Reopens Key Shipping Route After Coup Attempt

Turkish maritime authorities have reopened Istanbul's Bosphorus Strait to transiting tankers after shutting it earlier on Saturday for several hours following what the government said was an attempted coup by a faction in the military.

Highest RSB Certification for GoodFuels Marine

GoodFuels Marine, the first marine biofuel company focused on the global commercial fleet, has received the highest standard of certification from the Roundtable of Sustainable Biomaterials (RSB), enabling…

Subsea Global Solutions Opens Texas Office

Subsea Global Solutions (SGS), an underwater repair, maintenance and marine solutions provider for the global marine industry, today announced that the company has opened a new office in Texas to address growing demand for service in the U.S.

Clean Energy Bunkers Isla Bella with LNG

Clean Energy Fuels Corp. participated in a little history last month when it supported General Dynamics (GD) NASSCO’s launch of the Isla Bella container ship, the first of its kind to operate on LNG fuel.

Boskalis’ Fleet May Switch to Marine Biofuels

Boskalis today announced their collaboration with GoodFuels and Wärtsilä in a two-year pilot program to accelerate the development of truly sustainable, scalable and affordable marine bio-fuels. Bio-fuels…

OP/ED: The State of Piracy

John Thompson, co-founder of Ambrey Risk

Piracy’s gone away, right? You’d be forgiven for thinking that. The predominant narrative for the Indian Ocean is that Piracy has been suppressed to an extent that ship-owners are requesting fewer guards, even unarmed in some cases.

Maritime Fuel of the Future: Training to an Uncertain Standard

Despite its unquestionable allure, LNG as a fuel carries with it as many risks as it does answers to the problems it promises to solve. As industry and OEM’s work to remove any doubt, the collaborative effort outpaces the slow-moving regulatory machine.