Digitalization is expediting and maximizing the safety and economics of structural stress and fatigue measurement technologies. Terje Sannerud, Chief Commercial Officer at Norwegian fiber optic condition monitoring system developer Light Structures explains…
PAO Sovcomflot (SCF Group) signed a $110 million credit facility, for 10 years, with ING BANK N.V., SMBC BANK EU AG and UNICREDIT BANK AG, to finance two new ice-class shuttle tankers.The ships, scheduled to be delivered in Q1 2022, will serve…
Known best for its construction of U.S. Navy warships, Austal USA in September 2020 acquired waterfront property along the Mobile River and established a commercial ship repair facility. Mike Bell, Austal’s VP Operations and Harley Combs, Director…
Samsung Heavy Industries Co., Ltd (SHI) received an Approval in Principle (AiP) for an LNG carrier design under Bureau Veritas’ (BV) Cyber Managed Prepared notation. The certificate was delivered to the Hyun Joe Kim, Vice President of SHI, by Christophe Capitant…
Nautilus Data Technologies (NDT) and Elliott Bay Design Group (EBDG) provide an interesting new twist to the maritime digitalization discussion, with the design, manufacture and delivery of an innovative 7MW data center housed on a refurbished 240-ft…
SunStone Ships announced the successful launch of itts fifth, Infinity-Class Vessel, Ocean Odyssey.The series is an interesting one as it was started wiith the goal of melding European design and Chinese shipbuilding.“We are very pleased with the high quality…
Ocean carriers remain in pole position in negotiations for long-term freight contracts, with high demand, port congestion, and supply chain disruption driving further rates increases. According to the Xeneta Shipping Index (XSI) Public Indices…
The GEF-UNDP-IMO Glofouling partnership (2017) is a global initiative to counter the environmental issue of invasive aquatic species (IAS) and the resulting harmful ecological and financial damage that can occur when such invasion events are…
While the maritime industry faces a long ‘to do’ list for the coming three decades, Hiroaki Sakashita, CEO, ClassNK, sees decarbonization as the definitive trend that will most dramatically impact the design, construction and life-cycle operation of ships…
As the global shipping industry is under the microscope to reduce emissions, three Japanese leaders in the maritime space: Hitachi Zosen, Mitsui O.S.K. Lines, Ltd.(MOL) and Yanmar Power Technology Co., Ltd. (YPT), have targeted methane slip…
The first LNG bunker vessel to be based in France has been named Gas Vitality at a ceremony held today at Hudong-Zhonghua Shipbuilding, China.The 18,600-m³ newbuild bunker vessel is TotalEnergies Marine Fuels’ second collaboration with Mitsui O…
Nakilat has taken delivery of a newbuild LNG carrier dubbed Global Sea Spirit, a ship to be commercially and technically managed in-house by Nakilat Shipping Qatar Limited (NSQL). Built by Daewoo Shipbuilding & Marine Engineering (DSME) in South Korea…
Light Structures AS and Japanese shipbuilder Sumitomo Heavy Industries Marine & Engineering (SHI-ME) entered into an agreement for delivery of comprehensive hull stress and fatigue monitoring systems on two newbuild 115,000 DWT Aframax crude oil tankers due for delivery in Q2 2023 and Q3 2023…
Effective November 1, 2021, Jeroen Heesters will be the new Managing Director of Damen Shiprepair & Conversion, one of the seven divisions of the Damen Shipyards Group. With Finance Director Eric Snoeren, who joined the division on 1 October…
Fincantieri shipyard in Palermo has delivered the Star Pride, the third ship of the extension and modernization Star Plus Initiative project of cruise operator Windstar Cruises.The program, worth $250 million dollars and involved the cruise ships “Star Breeze” and “Star Legend”…
