India News

The Panama Canal announced through an Advisory to Shipping, the introduction of a Long-Term Slot Allocation (LoTSA) Method for Neopanamax vessels, as part of the Transit Booking System, to increase transit certainty and flexibility for our clients. Currently, the slot offering in the Transit Booking System is done daily with an anticipation period before the required transit date. Transit booking slots Through this method, several transit booking slot packages corresponding to January of th...

OceanWise is pleased to welcome Boat Electrics and Electronics (BEE) as a Licenced Partner for environmental monitoring solutions. This strategic partnership aims to expand the reach and impact of innovative marine environmental monitoring solutions across existing and future customer bases, enhancing environmental monitoring efforts nationwide. Reliable and accurate data Managing Director, Caroline Levey commented, “We are thrilled to welcome Boat Electrics and Electronics (BEE) into t...

The UK Chamber of Shipping’s new conference Shipping UK, and London International Shipping Week. (LISW) have announced a partnership as Supporting Organisations for the coming future. Both parties have agreed to support each other with marketing and PR support to help establish Shipping UK and help grow LISW domestically as well as internationally. Shipping UK Llewellyn Bankes-Hughes, CEO and co-founder of LISW said, “The UK Chamber of Shipping originated almost 150 years ago an...

The ocean container shipping market reached a tipping point in July, with long-term rates on major fronthaul trades showing signs of life just as spiraling short-term rates begin to soften. The Xeneta Global XSI®, which covers all valid long-term contracts in the market, edged up 2.5% in July to stand at 151.5 points. XSI® sub-index More notably, the underlying XSI® sub-index for Far East Exports which includes the world’s biggest fronthaul trades to Europe and the US increa...

OceanScore has opened a new office in Singapore that will enable it to better serve regional clients as the company sees rising Asian demand for its digital solutions geared towards efficient regulatory compliance with the EU ETS and FuelEU Maritime. “Our list of global clients is growing steadily in line with the industry’s pressing need to navigate the complexities of these new regulations,” says OceanScore’s Managing Director Albrecht Grell. The new locale "Establis...

Global provider of LNG shipping services, Gaslog, has chosen Norway-based maritime technology business, Shipnet to automate its dry-docking process. Asset Integrity Roadmap Delivering natural gas to help global efforts toward a lower carbon future, Gaslog has an ambitious Asset Integrity Roadmap for shifting to operational excellence and enhanced competitiveness with the use of reliability-based engineering principles. To this end, all Dry Dockings are managed holistically and on a lifecycle...

ClassNK has issued an Approval in Principle (AiP) for a design concept of the ammonia fuel bunkering boom, which is jointly developed by Nippon Yusen Kabushiki Kaisha (NYK Line) and TB Global Technologies Ltd. This is the world’s first AiP certification for the design of a bunkering boom for ammonia fuel. Ammonia fuel utilisation As ammonia fuel utilisation is expected in shipping for decarbonisation, bunkering vessels that supply fuel to ships and related equipment will play an essenti...

NSSLGlobal, an independent full-service project engineering, Satcom, and systems integrator, is celebrating its 55th anniversary, marking more than half a century of developing innovative technology solutions for the government and maritime mobility markets. Satellite solutions Established in 1969, NSSLGlobal has a proud heritage of providing best-in-class satellite solutions. NSSLGlobal’s ongoing commitment to innovation and helping customers solve their communication challenges wherev...

ClassNK has released a new feature related to FuelEU Maritime for its GHG Emissions Management Tool, ‘ClassNK ZETA (Zero Emission Transition Accelerator)’. Additionally, it has vastly improved usability and enhanced ease of use. ClassNK ZETA tool ClassNK ZETA is a tool for visualising GHG emissions / CII ratings of ships and supporting the management of EU-ETS and is used for over 5,500 ships. Users can use the following features in the newly released FuelEU Maritime feature, whi...

Following positive response and encouraging conversations with IMO member nations and other stakeholders, the World Shipping Council (WSC) has further developed the Green Balance Mechanism, a regulatory measure designed to ensure that shipping meets its net-zero goal by 2050 in an efficient, just and equitable way. A detailed proposal, including design updates and regulatory text for the Green Balance Mechanism, has been submitted to support the timely development of effective climate regulatio...

ClassNK has issued an Approval in Principle (AiP) for a design concept of the ammonia fuel bunkering boom, which is jointly developed by Nippon Yusen Kabushiki Kaisha (NYK Line) and TB Global Technologies Ltd. This is the world’s first AiP certification for the design of a bunkering boom for ammonia fuel. As ammonia fuel utilisation is expected in shipping for decarbonisation, bunkering vessels that supply fuel to ships and related equipment will play an essential role in the supply chain...

Watson Farley & Williams (WFW) advised GEFO Shipping Group (GEFO) on its order of two additional climate-friendly chemical tankers from the Chinese shipyard Nantong Xiangyu (Xiangyu). Delivery is scheduled for late 2026 or early 2027 with options for two further vessels also agreed. Fuel-saving design The current order complements a previous one for ten stainless steel tankers with a fuel-saving design placed in January 2024 on which WFW also advised GEFO. Both transactions are part of a...

Technology group - Wärtsilä has signed a 16-year Lifecycle Agreement with Seapeak Maritime (Glasgow) Ltd, one of the largest independent owner-operators of liquefied gas vessels. The contract covers ten LNG Carriers and is an extension of an earlier Wärtsilä Lifecycle Agreement for these vessels. The new order was booked by Wärtsilä in Q1 2024. The global demand for LNG is rising, and is expected to continue to rise over the coming years, which is driving a need fo...

SD Government, SD company and 2020 Independent Teleport Operator of the Year, now supports more satellite constellation providers, and their customers, than any other global provider following completion of a high throughput terrestrial upgrade. The enhancement of the Tier 4 certified teleports located in Santa Paula, CA., and Southbury, CT. strengthens the already extensive redundancy of the infrastructure and expands the transmission pathway capacity for companies launching satellites into LE...

The Naval Support Integrated Global Network (NSIGN) Programme has been established to deliver the future of in-service support to Royal Navy warships and submarines, along with maintenance and operation of the three Naval Bases. NSIGN will be a framework of contracts that will support all legacy, new-to-service and future platform types including modular solutions.  NSIGN is now in the concept phase and within this, the Ships Engineering Project has stood up ready to continue with market e...

Watson Farley & Williams ('WFW') is strengthening its Middle East ship finance practice with the relocation of Assets & Structured Finance Partner, Emily Widdrington from London to Dubai as of 1 August 2024. Emily has over 12 years of experience advising and acting for banks and ship owners on loan and security documentation. Her experience ranges from advising on high-value ECA-backed financings to loan agreements involving sustainability-linked margin adjustments. New LNG-powered cru...

ABS awarded approval in principle (AIP) to two new developments from Jiangnan Shipyard: a new insulation system and a modern design for an ultra-large ethane carrier (ULEC). The ULEC design is first equipped with the next-generation BrilliancE® II Type-B cargo containment system, a modern cryogenic liquefied gas containment system designed to optimise ship performance. The second AIP was awarded for Jiangnan’s patented insulation system, PnFCOMBi, which can be used for type B tan...

ClassNK has released the latest "ClassNK Technical Journal”, which has been published for contributing to the advancement of technology and society through the outcome of R&D and technical activities. Safe EV transportation The latest issue, “ClassNK Technical Journal No.9 2024 (I)” features entitled “Initiatives for Vehicle Carrier Fires”, which introduces the guidance for the safe transportation of EVs and fire-extinguishing technology for vehicle carrie...

ClassNK has carried out third-party verification for self-aggregated social data of Mitsui O.S.K. Lines, Ltd. and its group companies, and issued an assurance statement. In an era where proactive corporate actions are required to realise a sustainable society, disclosure of non-financial information, such as environmental data and social data is increasing in importance as a corporate ESG performance indicator. Disclosure of ESG information ClassNK is providing support towards the realisatio...

Maritime UK’s Chair Robin Mortimer and Chief Executive Chris Shirling-Rooke met with the new Maritime Minister, Mike Kane MP and the Department for Transport team at Great Minster House in Westminster. Following the Minister’s recent appointment, the meeting provided an excellent opportunity for Maritime UK to discuss key priorities for the industry and raise the importance of focusing on growth and prosperity throughout the sector and in their coastal communities. Thriving marit...

ClassNK has released ‘Guidelines for Cyber resilience of ships’. The guidelines expound new IACS Unified Requirements (UR) to support the consideration of measures to ensure the cyber security of ships. IACS has established UR E26 for ships and UR E27 for on-board systems and equipment as URs setting minimum requirements for cyber resilience, which is the capability to reduce the occurrence and mitigate the effects of cyber incidents due to cyber-attacks or other threats. The URs ha...

The state-of-the-art 'Olympic Boreas' CSOV has been delivered to Olympic by Ulstein Verft on 25.07.2024. The vessel is the first of two sister vessels, based on the ULSTEIN SX222 design by Ulstein Design & Solutions AS. 'Olympic Boreas' CSOV Olympic Boreas has been designed with the TWIN X-STERN solution and comes with a unique hybrid power integration. Further, she has a large gangway system installed, high-capacity, delicately furnished accommodation, including offices, lounges, day roo...

The International BoatBuilders’ Exhibition and Conference (IBEX), North America’s premier technical trade event for the recreational marine industry, announced its expanded pavilions and trade routes focusing on start-ups, industry education, as well as cutting-edge technologies and processes. Registration is open for 2024's show, set to take place at the Tampa Convention Center, from October 1 - 3, 2024. Start-Up pavilion In partnership with Yachting Ventures, IBEX will introduce...

Indian Register of Shipping (IRS) is pleased to announce leadership appointments to further strengthen its management team. At a recent meeting, the Board of Directors approved the appointment of Mr. P.K. Mishra as Managing Director and Mr. T.K. Sahu as Joint Managing Director, effective August 1, 2024. Mr. P.K. Mishra Mr. P.K. Mishra has been with the organisation for 26 years and previously served as Joint Managing Director. He brings with him a wealth of experience and a dee...

ABS and the Maritime and Port Authority of Singapore (MPA) are working together to develop a model-based additive manufacturing (AM) qualification framework for the maritime industry to reduce lead time and cost for AM part approvals. Model-based approach Traditional manufacturing processes rely on physical tests for verification and validation of their mechanical performance, including test coupons, specimens, and prototype components. Additive manufacturing, while also currently dependent...

ABS has released guidance focused on ammonia bunkering, the first such advisory for the industry. The ABS Ammonia Bunkering: Technical and Operational Advisory considers the aspects of bunkering ammonia as a fuel, providing the maritime industry with a better understanding of the challenges involved and how best to address them. Ammonia as a fuel Due to its greenhouse gas emissions reduction potential, ammonia is widely considered a major alternative fuel candidate. However, given its to...

Technology group Wärtsilä will supply a hybrid-electric propulsion system for an 11,000 dwt Limestone Carrier. The vessel was contracted by Montreal-based CSL Group (“CSL”) with CCCC Shanghai Equipment Engineering and Jingjiang Nanyang Shipbuilding. The order with Wärtsilä was booked in Q1 2024. The order reflects CSL’s focus on reducing its emissions profile via a comprehensive decarbonisation strategy. Wärtsilä has been closely involved in devel...

ABS awarded approval in principle (AIP) to CLS Wind for its innovative wind turbine assembly system.  The patented elevator-style assembly system promises easier, safer and faster wind turbine and nacelle installation and maintenance, without the use of large cranes and heavy-lift barges or vessels. ABS completed design reviews based on class and statutory requirements. “This is an exciting milestone for CLS Wind and domestic renewable energy production. ABS is committed to supportin...

American Bureau of Shipping (ABS) and the United States Coast Guard Research and Development Centre (USCG-RDC) signed a memorandum of understanding (MOU) that opens the door to collaborative research and development on top-of-mind technologies impacting the maritime industry. ABS and the USCG-RDC each have robust portfolios of maritime innovation projects that will benefit from cooperative efforts in areas of mutual interest. Fuels in the maritime domain Activity under the MOU can include dev...

Thordon Bearings’ brake cups are being supplied to Hydro-Québec, the largest hydropower company in Canada, as part of a decade-long turbine brake system overhaul program. The Burlington-based bearing and seal specialist is providing the brake cups to its Canadian distributor RMH Industries, an integrated company specialising in mechanical and hydraulic repair and machining of oversized parts. RMH Industries has been manufacturing and repairing brake blocks for Hydro-Québec s...