Efficiency - News

Hempel’s high performance marine coating solution, Hempaguard receives DNV validation

The performance of Hempel’s cutting-edge silicone-based hull coating solution, Hempaguard X7, and its ability to accelerate decarbonisation efforts in the maritime industry are now third-party validated by DNV. Since its launch in 2013, Hempaguard has provided vessels around the world with significant energy efficiency compared to the industry average and contributed to substantial reductions in carbon emissions. With this external validation by DNV, Hempel is now better able to demonstra...

Ingeteam’s first renewable hydrogen project in Belgium is a great success

Ingeteam’s first project for an electrolyser manufacturer’s test bench has been a great success. The project was the first 100% renewable hydrogen production facility to which the Basque technology company supplied capital equipment in mid-2022. Following system commissioning and several months of operation, its success constituted a green light for further projects with the same customer to generate hydrogen for their mobility solutions. Test bench project Such test bench project...

Norton Rose Fulbright advises lenders on ECA-backed financing of Royal Caribbean’s latest “Oasis Class” vessel “Utopia of the Seas”

Global law firm Norton Rose Fulbright has advised the lenders, led by Citi, on the financing and subsequent delivery of Royal Caribbean’s latest flagship vessel, “Utopia of the Seas”. The Norton Rose Fulbright team advised on all aspects of the transaction, including the original financing arrangements and, most recently, the delivery of the vessel. The vessel is the latest Royal Caribbean vessel financed under a French ECA-supported receivable purchase financing and post-deli...

AI tools key to the 'urgent action' needed to meet IMO climate targets

Yarden Gross, CEO and Co-founder of maritime technology start-up Orca AI champions the rapid – but responsible – deployment of smart, cost-effective digital tools to tackle climate challenges in the shipping industry. Leveraging machine learning and data insights, AI solutions are a vital front line in reducing fuel consumption and emissions. AI solutions "AI solutions are crucial for squeezing every last drop of efficiency out of the existing fleet amid increasing pressure to dec...

Port of Aberdeen to become smartest port in the UK with £1m investment

North, a pioneering provider of smart integrated solutions, has been awarded contracts to the value of £1 million by the Port of Aberdeen to improve the safety, connectivity and sustainability of Scotland’s largest berthing port. The contract includes the upgrade and expansion of the port’s CCTV and security systems and the deployment of private 5G, public Wi-Fi and IoT networks to support a range of solutions to improve operations and customer experience. Marine infrastructu...

Shipping industry calls for action following the attack on the MV Tutor and cargo ship Verbena

The shipping community is appalled and deeply saddened with the tragic news that, yet another seafarer seems certain to have been killed in a drone boat strike on Wednesday 12 June while on board the MV Tutor in the Red Sea. They utterly condemn these assaults which directly contravene the fundamental principle of freedom of navigation. Thoughts and condolences go to the family and loved ones of the seafarer who tragically lost their life. It is deplorable that innocent seafarer...

Oceania Cruises unveils the next chapter in its culinary story: Relaxed yet refined, the finest cuisine at sea redefined

Oceania Cruises, the world's pioneering culinary- and destination-focused cruise line, has revealed the next chapter in its culinary story as it highlights new Relaxed Yet Refined dining venues aboard its eight small, luxurious ships. New sushi and Indian cuisine offerings at Terrace Café and a revamped poolside lunch menu at Waves Grill are in the spotlight as the line redefines The Finest Cuisine at Sea. Winning specialty restaurants Frank A. Del Rio, President of Oceania Cruises, co...

Tsakos Energy Navigation backs LISW25 headline conference

Pioneer shipowner Tsakos Energy Navigation (TEN), which has been a publicly-listed maritime company for more than 30 years, has given its backing to the highly anticipated Headline Conference of London International Shipping Week 2025 (LISW25). The LISW25 Headline Conference will once again be held at the prestigious London headquarters of the International Maritime Organization and will be attended by some of the world’s most prominent shipping and government leaders. There will be much...

HII and Babcock launch new company H&B Defence to accelerate Australia’s nuclear-powered submarine program

Defence giants HII and Babcock have formed a ground-breaking new joint venture and entity – H&B Defence – to accelerate the development of critical sovereign capability for the once-in-a-generation AUKUS conventional armed, nuclear-powered submarine program. H&B Defence combines nuclear submarine and shipbuilding experience from Australia, the United Kingdom and the United States to support the nation’s inaugural nuclear-powered submarine program under AUKUS. Skilled...

Shore power for tankers has a significant potential to reduce in-port emissions

As part of a CEF Study project co-funded by the European Union, Port of Rotterdam, in collaboration with the municipality of Rotterdam and various partners in the port of Rotterdam, is conducting four feasibility studies for shore power. This takes place at four large terminals in the port of Rotterdam; the ECT (Amazonehaven), APMT2 (Amaliahaven), VOPAK (Vlaardingen) and the Cruise terminal (Wilhelminakade). The studies consist of different parts; detailed technical studies, environmental and s...

Frugal Technologies launches new software for predictive maintenance in the maritime industry

The marine tech company Frugal Technologies is advancing its class-approved Frugal Propulsion, a cost-, fuel-, and emissions-saving system for large vessels. The solution also shows temperature, pressure - and vibration deviations, helping engineers and shipowners make smarter decisions. AI-based control system With an artificial intelligence-based control system, Frugal Technologies has helped shipping companies such as Uni-Tankers, Christiania Shipping, and Royal Arctic Line reduce fuel con...

SRC and GREEN MARINE join forces to bring Methanol Superstorage to market

SRC Group and GREEN MARINE have signed a collaborative agreement that brings two of the strongest advocates of methanol as a marine fuel together to develop and deliver Methanol Superstorage to market. SPS Technology The cooperation aims to realise the benefits available to SRC’s Methanol Superstorage solution, which has been turning heads among owners, builders, repairers, class societies, and insurers since its launch. Using the SPS Technology Sandwich Plate System instead of traditio...

Embracing diversity and inclusion: The Maritime industry's journey to accept LGBTQ individuals

Diversity, equity, and inclusion (DEI) have emerged as significant priorities within the maritime industry's pursuit of sustainability. However, the industry's genuine commitment to embracing diversity, particularly concerning sexuality and gender, remains a topic of exploration. LGBTQ+: Beyond acronyms The LGBTQ+ community, comprising lesbian, gay, bisexual, transgender, queer individuals and many other inclusive identities, has long fought for societal acceptance. Historical taboos, social s...

Wärtsilä propulsion solutions expected to deliver 5% fuel savings for International Seaways tankers

Technology group - Wärtsilä announced it will supply its EnergoFlow and EnergoProFin propulsion solutions to four medium-range ('MR') tankers in the International Seaways fleet.  The devices will be used to upgrade the ships’ existing Wärtsilä controllable pitch propeller system resulting in an estimated five percent (5%) in fuel savings. These will be the first Ice Class 1A FS vessels to be fitted with the EnergoFlow solution. The order was booked by Wärtsil...

Shipnet and Source2Sea collaborate on PunchOut integration to drive data-based and transparent catalogue ordering in maritime supply

Norway-based maritime technology business, Shipnet, has collaborated with Source2Sea in an initiative to drive data-based and transparent catalogue ordering within the maritime supply industry. The PunchOut integration allows Shipnet users to access Source2Sea’s marketplace without leaving Shipnet, optimising the ordering processes onboard and the building and maintenance of procurement product data and assortments. Linking procurement systems Linking procurement systems with supplier c...

New body IMCSO to elevate standards and streamline provisioning of cybersecurity services in maritime

It is the launch of the International Maritime Cyber Security Organisation (IMCSO), an organisation that aims to raise the standard of cybersecurity risk assessment across the maritime industry. IMCSO The IMCSO has devised a certification programme for security consultants and a professional register, helping shipping organisations to confidently select experienced personnel. Alongside this, the IMCSO will also validate report outputs to ensure consistency with those reports then held on a ce...

MHI Group's Methanol-Fueled RORO ships for Toyofuji and Fukuju

Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, has received orders from Toyofuji Shipping Co., Ltd. (Aichi Prefecture) and Fukuju Shipping Co., Ltd. Shizuoka Prefecture) for Japan's first methanol-fueled roll-on/roll-off (RORO) cargo ships. The two ships will be built at the Enoura Plant of MHI's Shimonoseki Shipyard & Machinery Works in Yamaguchi Prefecture, with scheduled completion and delivery by the end of fiscal 2027. The ships will be approximat...

WFW advises Crédit Mutuel Impact and Atlante Gestion on investment in SO TOWT

Watson Farley & Williams advised Crédit Mutuel Impact and Atlante Gestion on their equity investment in SO TOWT to finance the construction of six new sailing cargo ships for TOWT TransOceanic Wind Transport (“TOWT”), the pioneering French low-carbon shipping company. The six new vessels are being built in Brittany’s Piriou shipyards for delivery in 2027. Once operational they will join the first two vessels of TOWT’s fleet, which are expected to enter commerc...

Hybrid and over 1.100 kW strong: Rolls-Royce presents new mtu propulsion concepts for military vehicles of the future

Rolls-Royce’s Power Systems division is expanding its mtu engine programme for military land vehicles to include a hybrid powerpack for special tactical requirements and a 10-cylinder, over 1.100 kW power output, version of the mtu Series 199 which has been extremely successful with NATO forces. Both concepts will celebrate their premiere at the Eurosatory defence trade fair, which takes place in Paris from 17 to 21 June. Rolls-Royce's strategic initiatives Dr Jörg Stratmann, CEO o...

ClassNK unveils 2nd edition FAQs for decarbonisation-focused FuelEU maritime

FuelEU Maritime, an EU regulation aimed at promoting the decarbonisation of fuels used on board ships, has entered into force and will apply to all ships above 5,000 gross tonnages calling at EU ports from January 1, 2025. FAQs on the FuelEU maritime In this 'FAQs on the FuelEU Maritime (2nd Edition)', the explanation regarding the responsible entities under the regulation and the necessary regulatory compliance timeline for shipping companies have been added, and the contents have been update...

Dockyard named after Liverpool MP looking to write new chapter of its history

It was destroyed in an explosion during the Blitz, hosted Cunard liners during the 1960s, and was a key link for trade in everything from sugar to second-hand appliances. Now an industrial site on the Mersey docklands is looking for a new occupier to continue the story of the extraordinary site. The rare lot of land at Huskisson Dock, owned by the UK’s second largest port operator, Peel Ports, will serve as an ideal hub for companies working in the distribution, manufacturing, and sp...

STAR capital leads consortium in the acquisition of V.Group

STAR Capital, a pioneering European investment fund manager, is pleased to announce that the STAR IV Fund has signed an agreement to acquire V.Group, a global provider of mission-critical services to the maritime industry.  STAR will lead a consortium of investors including Ackermans & van Haaren and others to partner with V.Group’s management team. The transaction is subject to regulatory consents and is expected to complete in early autumn 2024. Financial terms have not been di...

Energy Solutions supports BMEEA marine apprenticeship at Seawork Expo 2024

Energy Solutions, the provider of cost-efficient sustainable hybrid power solutions, was proud to support the 2024 British Marine Electrical and Electronics Association (BMEEA) annual marine apprenticeship competition held at the Seawork Expo 2024. The three-day show in Southampton, Europe’s largest on-water commercial marine and workboat exhibition was a big success, and excitement built for the apprenticeship competition held on the final day. Marine electrical and electronics The Bri...

InfinityWEC shows significant improvement in energy output and motion control with moment-based MPC

Ocean Harvesting is currently developing generation 6 of its wave energy converter InfinityWEC in close collaboration with ball screw manufacturer NSK. A ball screw is a very good actuator providing a high ratio between linear motion and rotation to the generator, high efficiency, low weight and long life. However, ball screws are sensitive to the side forces and bending moments in the PTO caused by the surge motion of the buoy and high speeds that may occur in large waves. This challenge in th...

MacGregor secures crane order for MMA Offshore

MacGregor, part of Cargotec, has received a large order for its 50-tonne active heave compensated (AHC) crane to be installed on board MMA Valour, a versatile and flexible multi-purpose platform supply vessel. The vessel has a proven track record in servicing a broad range of offshore work scopes across the energy and offshore wind sectors. The contract has been booked into Cargotec’s second-quarter 2024 order intake, with crane supply scheduled for the third quarter of 2025. Successful d...

Subsea demand drives growth at Express Engineering

Global demand in subsea markets for oil and gas continues to help drive growth at manufacturing, assembly and testing specialist Express Engineering, which is investing in capital equipment and its workforce. The international business, based in Gateshead in the North of England, has been enjoying buoyant growth during the last 12-18 months – growing its workforce while building a record pipeline of new work. With buoyant oil and gas prices and optimistic five-year forecasts from ene...

Babcock and Barnacle extend partnership for BRNKL green monitoring device

In 2022, Babcock and Barnacle Systems Inc. (Barnacle), an award-winning manufacturer of remote security and monitoring systems, formed a partnership through an Industrial and Technological Benefits (ITB) investment to support the completion of Barnacle’s marine vessel remote monitoring and security device known as ‘BRNKL Black’. Following the successful launch of BRNKL Black, both companies committed to building on their partnership and continued to seek additional oppo...

New ABS notation enables vessel operators to carry an additional tier of containers

ABS has published a new notation that enables containership operators to load an additional tier of containers on deck with reduced risk of loss due to parametric rolling. CLP-V(PARR) combines the ABS Computer Lashing Program notation with mandatory Parametric Roll guidance to allow operators to optimise stowage and lashing of containers without loss of safety margin. Flexible loading configurations “Optimising container loading is key to efficient vessel operations but also has a found...

All new ships should be built to a seawater-lubricated sterntubeless ship design, says Leontopolous

Future newbuild ships of all types should be built without a sterntube and with a seawater-lubricated propeller shaft bearing arrangement, according to Blue Ocean Alliance’s Chris Leontopoulos. Speaking at a recent maritime industry forum in Hamburg, Mr. Leontopoulos said the sterntubeless ship design – jointly developed by Blue Ocean Alliance members ABS, Thordon Bearings, Shanghai Merchant Ship Design and Research Institute (SDARI), Wärtsilä, and the National Technical...

Cargotec has applied for Kalmar to be listed on Nasdaq Helsinki

Cargotec Corporation announced on 1 February 2024 the approval of a demerger plan concerning the partial demerger of Cargotec according to which all assets, debts, and liabilities of Cargotec relating to the Kalmar business area or mainly serving the Kalmar business area shall be transferred without a liquidation procedure to a new Kalmar Corporation. Annual General Meeting The Annual General Meeting of Cargotec held on 30 May 2024 resolved the Demerger by the Demerger Plan. Upon the c...

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