HVAC - News

Ocean Network Express (ONE) released the financial result for FY2024 2nd Quarter (from July 2024 to September 2024). The revenue for FY2024 2nd quarter was USD 5,864 million, up 65% from the same quarter of the last year, with a net profit of USD 1,999 million (YoY +USD 1,812 million). The Asia-North America and Asia-Europe trades have experienced strong demand, driven by consistent consumer demand and an early peak season in July and August. In addition, early shipments in the North Ameri...

Cummins Inc., a global pioneer in power solutions, will exhibit its latest marine technologies at the International Workboat Show 2024, in New Orleans, from November 12-14, 2024.  QSK38 EPA Tier 4 solution Visitors to Booth 3001 will have the opportunity to examine the QSK38 EPA Tier 4 solution, designed with repower flexibility in mind.  This innovative engine provides clean power in a compact package, leveraging trusted technology that operators can depend on for their fleet. Dur...

Technology group - Wärtsilä has introduced its innovative NextDF feature for the Wärtsilä 25DF dual-fuel engine. While operating on liquefied natural gas (LNG), the NextDF feature reduces methane emissions to less than two percent of fuel use across all load points, achieving as low as 1.1 percent in a wide load range. What’s more, the nitrogen oxide (NOx) emissions are lower than on the standard Wärtsilä 25DF engine, which already has low emission levels bel...

ClassNK has issued an approval in principle (AiP) for a 30,000 m3 LNG carrier equipped with two Mark III Flex membrane tanks, developed by GTT. The vessel’s ballast tank design and ballasting operations allow for the elimination of filing limits, enhancing operational flexibility. The AiP demonstrates the feasibility of this design concept. LNG carrier In LNG carriers with membrane tanks, filing limits are often required based on the strength assessments against sloshing loads, which ca...

MacGregor, part of Cargotec, has launched a new free-of-charge digital Carbon Calculator to help container shipping companies estimate the carbon dioxide emissions they can eliminate by upgrading their onboard container cargo system with MacGregor Cargo Boost. Cargo Boost solution By maximising container-carrying capacity on board existing ships, the Cargo Boost solution has been shown to increase average cargo system utilisation from conventional rates of 80% to 90%, or even 100%. Across a 1...

DNV has awarded an Approval in Principle (AiP) to HD Hyundai Heavy Industries (HD HHI) for its 15K TEU ammonia dual-fuelled container vessel design. This milestone follows the successful completion of a joint development project aimed at addressing the challenges associated with using ammonia as a marine fuel. Ammonia as a marine fuel The project focused on developing cutting-edge designs to enhance safety, including an optimised ammonia tank design, advanced fire safety systems, enhanced amm...

ClassNK has issued an Approval in Principle (AiP) for the Autonomous Navigation Assistance System - ‘SAS’ developed by Samsung Heavy Industries, Co., Ltd. Samsung Autonomous Navigation Assistance System (SAS) is a partially Autonomous Navigation System (ANS) including the functions of situational awareness through sensor fusion and electronic navigational chart information, collision and grounding risk assessment, and collision and grounding avoidance. Design, installation, and mai...

The Baltic Exchange has launched a Know-Your-Customer (KYC) platform to give the maritime sector greater access to company data to support informed decision-making and meet increased regulatory obligations. KYC platform KYC is a regulatory requirement in the banking and financial services sectors to ensure businesses do their due diligence on customers to prevent fraud, money laundering, and terrorism financing. With shipping a vital part of global commerce, the need to manage the risk of fra...

SRT Marine Systems plc (SRT), a global provider of maritime domain awareness systems and technologies for security, safety, and environmental protection, is pleased to announce that it has agreed a substantial investment and short-term finance bridge support package from existing shareholder Ocean Infinity (OI), worth approximately £31 million.   Finance support package This new financing allows SRT to immediately satisfy the need for the substantial performance bond required under...

ABS released its latest report into the potential of advanced nuclear technology for maritime applications, with a study of a small modular reactor on a standard liquefied natural gas (LNG) carrier. Feasibility and safety The transformational impact of a high-temperature, gas-cooled reactor (HTGR) on the design, operation, and emissions of a 145,000 m3 LNG carrier design was modeled by ABS and Herbert Engineering Corporation (HEC). The study is designed to help the industry better understand...

Fincantieri is pleased to announce that it has signed contracts with Viking for the construction of two new cruise ships, based on the successful features of the previous vessels, which Fincantieri has already built for this shipowner in its Italian yards. The units will be delivered in 2030. Fincantieri and Viking have also reached an agreement for four additional ships in option with deliveries scheduled for 2031 and 2032. Latest environmental rules Fincantieri and Viking for...

ship.energy Limited is excited to announce that it is ready for the Marine Energy Transition Forum 2024 (#METF24)! Taking place on 22 October at the iconic Port House in Antwerp, this highly anticipated event will bring together renowned voices from the maritime industry for dynamic and thought-provoking discussions on the future of marine fuels and ship technology.  #METF24 At #METF24, delegates will explore how critical factors, such as vessel type, operating routes, and profiles...

ship.energy is proud to present ARACON 2024, the globally renowned event for the Amsterdam-Rotterdam-Antwerp (ARA) bunkering and maritime industries, which will take place on 24-25 October 2024 in the dynamic city of Rotterdam. As the pre-eminent conference in the ARA region, ARACON 2024 will bring together top decision-makers, marine fuel suppliers, shipowners, operators, and key stakeholders to explore the latest developments in bunkering, decarbonisation, and maritime regulations. With a r...

Kongsberg Maritime will supply an extensive range of equipment for a new fleet of 10 platform supply vessels (PSV) being built by Fujian Mawei Shipbuilding in China for Greek shipowner, Capital Offshore. This significant contract win is valued at approximately 800 million MNOK, and includes all propulsion, automation, and energy systems. Oil and gas operations The 10 contracted vessels mark a major investment by Capital Offshore in the PSV market The 10 contracted vessels mark a major invest...

ABS helped bring together industry and government pioneers for a U.S. Maritime Strategy Workshop to help stakeholders align on key policy and commercial priorities. This was the third in a series of workshops organised to inform a U.S. national maritime strategy and was done in collaboration with the U.S. Federal Maritime Commission (FMC), the Office of Senator Mark Kelly, and the Office of U.S. Representative Michael Waltz. Challenges and recommendations The U.S. maritime industry faces seve...

ClassNK granted its ‘AFVC (Additional Fire-Fighting measures for Vehicle Carrier)’ notations to ‘TEXAS HIGHWAY’, a car carrier operated by "K" LINE  for vessels equipped with additional firefighting measures for transporting electric vehicles (EVs). AFVC notations Shipping companies are implementing various measures to address EV fires, which raise concerns due to difficulties in extinguishing and the risk of re-ignition. To support these efforts, ClassNK has issu...

Sirius Insight (Sirius) announces the launch of a national strategic partnership with the charity - National Coastwatch Institution (NCI), which will help improve the safety of UK coastal waters. This long-term partnership will deliver operational funding and technology upgrades enabling greater coverage and effect.    Maritime situational awareness Sirius Insight is the UK’s specialist in maritime situational awareness, combining Artificial Intelligence and state-of-the-...

Watson Farley & Williams (WFW) advised Navigazione Montanari S.p.A. (Navigazione Montanari) on acquiring the chemical product tanker, Astella, renamed Valderice. WFW also acted for Intesa Sanpaolo S.p.A. (Intesa Sanpaolo) as a lender on loan, backed by Italy’s ECA SACE's Garanzia Futuro, granted to Navigazione Montanari to recapitalise the funds used for the purchase partially. Valderice The Valderice, built in South Korea in 2011 at the Hyundai Mipo Dockyard Co. Ltd., is currently...

Procureship, a provider of the world's renowned digital e-procurement platform, has signed a deal with Norwegian shipowner and operator - BW LNG to bring its platform to support the group’s procurement capabilities for its fleet of LNG carriers. The deal will enable BW LNG to leverage Procureship’s e-procurement platform, which extensively utilises automation and Machine Learning, to bolster is purchasing capabilities. This will allow the Norwegian shipowner to optimise procurement...

Indian Register of Shipping (IRS), a globally recognised classification society, is proud to announce the signing of a Memorandum of Understanding (MOU) with SeaTech Solutions International (S) Pte Ltd, a Singapore-based maritime engineering and design firm. This MOU highlights a broader international collaboration aimed at advancing sustainable maritime solutions, including the Greentech design and classification of next-generation green tugs and harbour crafts for global operations. Latest e...

ABS has secured a contract to provide and test a digital twin solution for real-time condition monitoring for a Petrobras floating production, storage and offloading (FPSO) unit. The ABS solution will provide a digital twin of the asset, and as part of the project, ABS has selected Akselos S.A. to deploy the Akselos Structural Performance Management software that will be evaluated over the course of a year by monitoring one of the four FPSO units in the Cessão Onerosa oil field. Life ex...

ClassNK has granted its Innovation Endorsement for Products & Solutions to Ship Energy Efficiency Monitoring System (SEEMS) developed by the Samundra Institute of Maritime Studies. In order to promote the spread and development of innovative technologies, ClassNK has offered Innovation Endorsement for Products & Solutions. Deployment of products ClassNK supports the deployment of products and services through third-party certification for equipment and software technology with innovat...

In partnership, Power2X and Advario are developing a world-scale production and storage hub for sustainable aviation fuel (e-SAF) and synthetic, ultra-low carbon fuels in the port of Rotterdam. The Power2X production facility will have the capacity to produce over 250,000 tonnes/year of e-SAF, a non-fossil, synthetic fuel made from green hydrogen. It will be the largest e-SAF facility announced to-date, making sufficient ultra-low carbon fuel to fully power approximately 7,000 flights between A...

Swiss marine power company - WinGD has introduced an option for its X-DF-A ammonia-fuelled engines to be delivered capable of running on liquified petroleum gas (LPG). The ‘pre-fit’ solution will be of particular interest to vessels under construction for the anticipated global trade in ammonia, which will also be capable of transporting LPG. LPG’s primary component The engine, designed and optimised for ammonia fuel, will offer reliable and efficient running on LPG Named X...

Gibdock Shipyard and Armada Technologies Ltd. are pleased to announce the signing of a Memorandum of Understanding (MoU) to explore the integration of Armada's proprietary air lubrication system, the Passive Air Lubrication System (PALS), into vessels serviced by Gibdock. This agreement marks a significant step towards enhancing energy efficiency and reducing harmful emissions in the maritime industry. Innovative PALS System The collaboration aims to leverage the strengths of both organisati...

Global law firm - Norton Rose Fulbright has advised ABN AMRO and National Australia Bank (NAB) on their arrangement of acquisition financing for Celsius Shipping (Celsius) and Basalt Infrastructure Partners (Basalt) to acquire two LNG carriers. Celsius and Basalt formed a new joint venture for the acquisition of the two state-of-the-art vessels – the Celsius Copenhagen and Celsius Carolina – which were built in Korea and operate using the latest, most fuel-efficient propulsion techn...

Swiss marine power company - WinGD has introduced an option for its X-DF-A ammonia-fuelled engines to be delivered capable of running on liquified petroleum gas (LPG).  The ‘pre-fit’ solution will be of particular interest to vessels under construction for the anticipated global trade in ammonia, which will also be capable of transporting LPG. X-DF-P Named X-DF-P for the propane that is LPG’s primary component, the solution will be released to enable first engine delive...

NS United Kaiun Kaisha, Ltd. and Vale International SA have reached an agreement to install rotor sails (H:35 m x D:5 m x 5 unites) manufactured by Anemoi Marine Technologies Ltd. on 400,000 dwt-type VLOC, NSU TUBARAO (the Ship), which has been engaged in a long-term transportation contract between NSU and Vale since its delivery in September 2020. The installation of the rotor sails on the ship is scheduled for around September 2025. Greenhouse gas emissions NSU has been actively working to...

WEG and Eletrobras were present at CIGRE Paris 2024, where Engineer - Mateus Alexandrino, from the Transmission Department of the Vice-Presidency of Engineering and Expansion of Eletrobras, made a presentation about the reliability of protection, automation and control systems (PACS) associated with redundancy and system condition monitoring. WEG and Eletrobras partnership The work between WEG and Eletrobras addresses the modernisation process of the Itajaí substation, located in southe...

The Panama Canal was emphasised as a key player in global trade during the New York Maritime Forum (NYMF). The Canal Administrator, Ricaurte Vásquez Morales, presented the achievements reached in fiscal year 2024 (FY-2024), which has optimised the reliability and sustainability of this maritime route. In his speech, Ricaurte Vásquez Morales shared official data for FY-2024, highlighting some of the operational accomplishments of the Panama Canal during a year of particular attenti...