Digital transformation - News

LSEG Shipping Research: Red Sea diversions add nearly a million dollars per voyage to shipping costs while doubling transit time

The incremental costs of diverting a tanker from Asia to NW Europe via the Cape of Good Hope is accounting for an extra $932,905 USD per voyage while increasing transit time from 16 days to 32 days according to a report by LSEG Shipping Research. These additional costs mostly account for extra fuel and increase costs for an Aframax tanker by 110%, while for a large container vessel, it increases by 35% for a voyage between Asia to NW Europe. Average monthly transits Transits through Suez have...

Maritime shipping bunkered less fuel in Rotterdam in 2023

Last year, maritime shipping bunkered significantly less fuel in Rotterdam; 9.9 million tonnes in 2023 compared to 10.6 million tonnes in 2022. With that, the demand for fuel oil, marine gas oil and other fuels in 2023 was 6.7 percent lower than in 2022. Only bunkering of LNG (liquefied natural gas) rose significantly, from 406,599 m3 to 619,243 m3. This had everything to do with developments in the price of LNG. Biomethanol bunkered for first time on Laura Maersk The decline is mainly caused...

ABB to acquire weather routing business to expand marine software portfolio

ABB announced it has entered into an agreement to acquire the shipping business of DTN Europe BV and DTN Philippines Inc. (hereinafter DTN Shipping), expanding the company’s offering in maritime software. This will establish ABB as one of the market pioneers in ship route optimisation. The acquisition of the DTN Shipping portfolio covers vessel routeing software, including analytics, reporting, and modelling applications. Financial details of the transaction were not disclosed. The...

GTMaritime adds Greek office and sales management experience to meet growing demand for services

A major provider of secure maritime data communications software, GTMaritime, has responded to growing demand for its products and services, by opening an office in Greece and appointing two new executives to its sales team. In 2023, the company reported a 35% increase in monthly user traffic across its portfolio of software solutions between 1 November 2022 and 31 October 2023. It also announced its 15,000th ship installation – just 16 months after passing the 10,000-vessel milestone. N...

Regent Seven Seas Cruises® innovates luxury cruising with unique immersive overnights sailings

Regent Seven Seas Cruises®, the world's leading luxury cruise line, has announced a collection of six unique immersive overnight voyages where each port of call features an overnight stay allowing for deeper exploration and discovery in much-loved destinations. The World's Most Luxurious Fleet® These voyages, currently on board four of the six ships in The World's Most Luxurious Fleet®, will include special shoreside experiences exclusively crafted to make each overnight call a mem...

WinGD X-DF advances underpin QatarEnergy phase two success

Swiss marine power company WinGD is expecting to secure the majority of dual-fuel engine orders for LNG carriers being built in the second phase of QatarEnergy’s new building project. With initial engine and technical specifications confirmed for nearly half of the orders in the second round, WinGD’s X‑DF2.0 engines are already the preferred choice to be installed on most vessels. X‑DF technologies Initial decisions on the remaining vessels will be made shortly by QatarEnergy, w...

Wallem Westminster partners with Adopt a Ship programme

Wallem Westminster, Manila, is proud to partner with the IMO-endorsed ‘Adopt a Ship’ programme (AaS). Working together with San Antonio Elementary School (SAES), Wallem Westminster’s senior officers embarked on a 10-week immersive curriculum to raise maritime awareness. Wallem provided educational materials and interactive content that explained maritime concepts, supported interactive activities that engaged students' creative learning and skill development and encouraged co...

MAN Cryo wins approval for ammonia fuel-supply system

MAN Cryo has announced that its design for an ammonia fuel-supply system to safely provide ammonia to marine-engine applications has been awarded an Approval in Principle from classification societies, DNV and Bureau Veritas. Part of MAN Energy Solutions and a pioneering expert in the field of storage and handling of LNG and natural gas, MAN Cryo developed the system in cooperation with a Chinese company, Yada Green Energy Solutions, with whom the company has previously cooperated to provid...

Professor Makame Mnyaa Mbarawa (MP) Honourable Minister of Transport, United Republic of Tanzania paid an official visit to Cochin Shipyard

The visit of the Honourable Minister is in connection with taking forward the cooperation based on the Memorandum of Understanding (MoU) signed between Cochin Shipyard Ltd (CSL) and Marine Services Company Ltd (MCSL), a company under the Ministry of Transport Tanzania during the state visit to meet the President and Prime Minister of India by the of President H.E.Samia Suluhu Hassan, the United Republic of Tanzania to India in October 2023, wherein the parties aim to cooperate and co...

Peel Ports appoints strategic commercial director to bolster global container operations

Peel Ports Group has strengthened its global container operations with the appointment of a new strategic commercial director. Marcus Connolly joins the port operator with more than 25 years of experience in international container shipping and logistics, having held roles at A.P. Moller–Maersk and NYSHEX.  Based at the Port of Liverpool, Marcus will be responsible for developing transformational growth opportunities through group-wide strategic partnerships as well as further develo...

NorthStandard adds new office in South Korea to its Asian network

NorthStandard has announced plans to open a new office in South Korea, one year after establishing its combined Asia Pacific headquarters in Singapore.  The new Seoul office, initially to be staffed by Shang Doe Shim, a Claims Director currently based in the club’s Singapore office, will be operational from late Spring 2024. Asia's 8th office This will be NorthStandard’s eighth office in the Asia Pacific region, underlining the importance of the area to the club.  N...

Sirius Insight recognised as a major innovator in maritime AI technologies in a report by the All-Party Parliamentary Group for the Ocean

Sirius Insight, a renowned UK technology company focused on AI to enhance maritime surveillance and understanding, is pleased to have been highlighted as an exemplar of innovation in the emerging ocean technology sector by the All-Party Parliamentary Group (“APPG”) for the Ocean’s newly published report into the Future of Ocean Technology. EU’s Horizon funding programme In its submission to the APPG, Sirius Insight highlighted the importance of sensor and satellite tech...

DNV inks JDP to explore OCCS for SDTR Marine’s Kamsarmax

DNV has entered into a Joint Development Project (JDP) with Singapore-based shipping company SDTR Marine to cooperate on an Onboard Carbon Capture and Storage (OCCS) feasibility study for the latter’s 85,000 dwt Kamsarmax bulk carrier. Techno-economic analysis As part of the JDP, DNV, and SDTR Marine will collaborate on a techno-economic analysis of OCCS implementation aboard the bulk carriers. Utilising DNV's FuelPath, the study aims to evaluate the economic viability of different fuel...

Wallem Group is the proud partner to BYD for providing Commercial Management Services

Wallem Group is pleased to partner with Chinese automaker BYD by providing commercial services for its first fully chartered PCTC vessel, MV BYD Explorer No. 1. The vessel has completed its first loading operations and is on its inaugural voyage to Europe. Wallem Group is providing BYD with day-to-day support on vessel operations including cargo stowage, route and bunker planning, and is liaising between the vessel, owner, and charterer. In addition, Wallem Group is working closely with BYD to...

DNV inks JDP to explore CCS for SDTR Marine’s Kamsarmax

Classification society - DNV has entered into a Joint Development Project (JDP) with Singapore-based shipping company - SDTR Marine to cooperate on a Carbon Capture and Storage (CCS) feasibility study for the latter’s 85,000 dwt Kamsarmax bulk carrier. DNV and SDTR Marine partnership As part of the JDP, DNV and SDTR Marine will collaborate on a techno-economic analysis of CCS implementation aboard the bulk carriers. Utilising DNV's FuelPath, the study aims to evaluate the economic viabil...

ClassNK issues approval in principle (AiP) for maritime hydrogen fuel cell system developed by YANMAR Power Technology

ClassNK has issued an Approval in Principle (AiP) for a maritime hydrogen fuel cell system developed by YANMAR Power Technology Co., Ltd. (YANMAR PT). This is the first AiP certification for a maritime hydrogen fuel cell system developed by a Japanese manufacturer. Hydrogen fuel cells are gaining attention as a potential means to help reduce GHG emissions from shipping. Meanwhile, due to the unique characteristics of hydrogen, distinct from conventional gas fuels, safety discussions are activel...

Brunvoll signs with VARD for delivery for Toyo’s new Cable Laying Vessel

Brunvoll has signed a contract with VARD Group for the delivery of an extensive propulsion and manoeuvring system for Toyo Construction Co. Ltd.'s new Cable Laying Vessel (CLV). Toyo’s new vessel will have three azimuth propulsion thrusters in the aft of the vessel. The foreship of the vessel will have two tunnel thrusters and a retractable Azimuth thruster. Furthermore, the vessel will feature Brunvoll’s control system for propulsion and manoeuvring, BruCon PTC. VARD’s shipy...

Siemens selected for multi-phase decarbonisation programme at HEINEKEN production sites

HEINEKEN, the world's most international brewer, has selected Siemens as a partner for its global Net Zero Production roadmap. It is part of HEINEKEN’s ambitions to reach net zero in Scopes 1 and 2 across all production sites by 2030. Decarbonisation programme Siemens and HEINEKEN will work together on a long-term decarbonisation programme, which will see Siemens implementing solutions and services from its Siemens Xcelerator portfolio, to reduce energy usage at more than 15 HEINEKEN be...

APM returns to address the industry’s demand for sustainability, digitalisation, and innovation

Asia Pacific Maritime (APM), the largest meeting place in Southeast Asia for the global maritime value chain, will return for its 18th installment in Singapore from 13 to 15 March 2024 at the Marina Bay Sands.  The premier exhibition and conference is expected to bring together more than 14,000 shipowners, shipyards, ship management, and technical procurers to meet over 1,400 solutions providers.  Solutions and services “For the past few months, we have been reconnecting with...

DNV to class Purus’ first VLEC newbuilds for ethane transport

DNV has been selected to class ship owner - Purus’ new building order of two Very Large Ethane Carriers (VLEC). The vessels have been contracted at HD Hyundai Heavy Industries (HHI) in South Korea and are scheduled for delivery in 2026-2027. EEDI Phase III compliant With a cargo carrying capacity of 98,000 cbm, the two VLECs will be fitted with GTT’s Mark III membrane containment system. The vessels will be equipped with dual-fuel ethane engines and optimised cargo handling syste...

‘Billionaires’ Quay’ restoration on the French Riveria sees stunning, sustainable transformation of Europe’s largest yachting harbour

In Port Vauban, Antibes, lying between Cannes and Nice on the French Riviera, the Quai des Milliardaires – ‘Billionaires’ Quay’ – has undergone an extensive transformation, consolidating its position as the leading yachting hub in the Mediterranean. A paradise for yachting and super yachting enthusiasts, Port Vauban is Europe's largest yachting harbour, with over 1,500 berths and 18 superyacht berths of up to 160 metres.  Appearance and infrastructure Since...

Outfitting commences at Ulstein Verft for Olympic's first TWIN X-STERN CSOV

The hull of yard number 318, the first of two newbuild Construction Service Operation Vessels (CSOVs) for the Olympics, has arrived at the outfitting yard - Ulstein Verft AS in Norway.  The hull will be positioned in the dock hall, after which the outfitting work starts. Outfitting work "The general outfitting work in the months ahead consists of accommodation work, electrical installations, piping, and mechanical installations, to name a few," says Helge Torvik, Project Manager at Ulste...

Mitsubishi Shipbuilding holds christening and launch ceremony in Shimonoseki for salvage tug "Koyo Maru" built for Nippon Salvage

  Mitsubishi Shipbuilding Co., Ltd., a Mitsubishi Heavy Industries (MHI) Group company based in Yokohama, held a christening and launch ceremony for a salvage tug currently being built for Nippon Salvage Co., Ltd. The ceremony took place at the Enoura Plant of MHI's Shimonoseki Shipyard & Machinery Works in Yamaguchi Prefecture. The vessel, named "Koyo Maru", is scheduled for handover to Nippon Salvage in June 2024 following the completion of outfitting work and sea tr...

Jumbo Offshore awarded mooring pre-installation contract by MODEC for the FPSO Errea Wittu

Jumbo Offshore Installation Contractors B.V. (Jumbo Offshore) has been awarded a contract by MODEC Guyana Inc. for the pre-installation of the mooring spread of the FPSO Errea Wittu, which will be located offshore Guyana. The FPSO 'Errea Wittu', the name of which means 'abundance', will have the capacity to store two million barrels of oil. It will produce approximately 250,000 barrels of oil per day and will have a gas treatment capacity of 540 million cubic feet per day, and a water injectio...

HD Hyundai Marine Solution selects Accelleron to deliver digital optimisation solutions for their Smartship platform

Accelleron has signed an agreement with HD Hyundai Marine Solution (HD HMS) that simplifies access to its digital turbocharger optimisation solutions for vessels built or serviced by the world’s biggest shipbuilder, HD Korea Shipbuilding & Offshore Engineering. As part of the agreement, Accelleron’s Turbo Insights performance analytics platform will be integrated into HD HMS’s Integrated Smartship System (ISS), with further digital solutions also deliverable through ISS o...

Wärtsilä to support efficiency of Carnival’s waste handling with four-year technical support agreement

Wärtsilä Water & Waste, part of technology group Wärtsilä, has signed a four-year Service, Spares and Technical Support agreement with cruise operator Carnival Corporation & plc. The contract covers a platform for providing the support needed to maintain and operate the onboard waste-handling equipment efficiently, and in compliance with the most stringent environmental regulations. The order was recorded in Wärtsilä’s order book in Q2 2023. Ris...

VIKING expands marine evacuation portfolio with ‘Undertun’ acquisition

VIKING Life-Saving Equipment, a globally renowned company in maritime safety solutions, has acquired rights to manufacture and supply ‘Undertun’ marine evacuation systems (MES). The solution commands a pioneering position in part of the small ferry market due to its easy installation and use. Catering for up to 150 persons, Undertun MES is especially appealing when installation heights and crew numbers are low. The VIKING acquisition has been agreed with Sverre Undertun, whose Norw...

London International Shipping Week appoints Gareth Long as its new managing director

Shipping Innovation (SI), owner and organiser of London International Shipping Week (LISW), is delighted to announce the appointment of Gareth Long as its new managing director. Gareth, who has significant knowledge and experience of LISW, having worked on LISW19, LISW21 and LISW23 as part of the UK Government team at the Department for Transport (DfT), will head up the SI team delivering this global must-attend maritime event.  He will report to Sean Moloney and Llewellyn Bankes-Hughes, j...

Ulstein Verft entered into two offshore wind farm CSOV newbuild contracts with J.P. Morgan

The two new Construction Service Operation Vessels (CSOVs) contracted at Ulstein Verft will be equipped with a hybrid battery propulsion system and be prepared for green methanol fuel to enable carbon-neutral operations. The contracts have been entered into on behalf of institutional investors advised by J.P. Morgan Asset Management and include two additional options. In 2023, Bernhard Schulte Offshore ordered the design and construction of two such vessels from Ulstein, a contract that include...

ClassNK releases new features for GHG Emissions Management Tool - 'ClassNK ZETA' - supports preparation for EU-ETS and BIMCO CII Clause

ClassNK has released new features for its GHG Emissions Management Tool, 'ClassNK ZETA (Zero Emission Transition Accelerator)'. ClassNK ZETA is a tool for visualising GHG emissions and CII ratings of ships. and is used for over 5,000 ships. Based on data submitted to 'ClassNK MRV Portal', a system for fuel consumption reporting in compliance with regulations, such as IMO-DCS and EU-MRV, ClassNK ZETA provides accurate current status and simulation for reducing GHG emissions from ships and suppor...

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