Hydrogen fuel cell technology to Satisfy Future IMO RequirementsWith an ongoing push by the maritime community to reduce ship emissions to satisfy IMO MARPOL Annex VI regulations and limit the sulfur content of ships from 01 January 2020 to 0.5 percent world-wide, many ship owners are starting to consider hydrogen fuel cell technology to satisfy evolving emissions regulations.
A ‘work in progress,’ the North American brown water, shallow draft sectors have experienced a tumultuous year of evolution, changing market conditions, a rapidly shifting regulatory environment and new opportunities. Anything but boring; and within the pages of Maritime Reporter’ & Engineering News’ Annual Yearbook, Joseph Keefe, editor of sister-publication MarineNews
Global consulting firm AlixPartners, in a new paper entitled, “Too many ships, too few rigs: why recovery is still a distant dream for the OSV sector,” warns that companies counting on a quick return to stability in the OSV sector are in for a rude awakening.The September report goes on to say that OSV companies continue to face pressure due to a radically changed oil industry and must take
Siemens Gamesa Renewable Energy (SGRE) has received the firm order from the Danish energy company and offshore wind giant Ørsted for their 900MW Greater Changhua 1 & 2a offshore wind power project in Taiwan.The project includes the Asia-Pacific variant of the SG 8.0-167 DD offshore wind turbine and a service agreement.
The Massachusetts Department of Public Utilities (DPU) has approved long-term contracts for 800MW of offshore wind between Vineyard Wind and the Commonwealth’s electric distribution companies.The DPU green signal is a crucial approval needed for the offshore wind farm developer to start construction by the end of the year.
In mid October 2018, ICDAS Turkey completed construction of its second Z-Tech 6500 tug, the KARA YUSUF-2, which will operate in Çanakkale Turkey. After successful construction and operation in 2011 of the ICDAS-19, the first Z-Tech 6500 tug of its fleet, ICDAS decided to build a second one.
The Hong Kong and Vancouver-based shipowner Valles Steamship has ordered a new 112,000 dwt crude oil tanker from South Korea’s Sumitomo Heavy Industries Marine & Engineering (SHIME).Ship set to be fitted with a scrubber and will enter the market before the end of 2020, said a release from Valles, which was founded by C.S. Koo in Shanghai as a family business in 1917.
The coming year is expected to make the U.S. the third largest exporter of liquefied natural gas (LNG) in the world, creating jobs stateside while reducing emissions and providing reliable energy to countries around the world, said American Petroleum Institute (API).API, Center for LNG, and LNG Allies, the three national trade associations specializing in U.S.
VesselsValue's Head of Offshore Charlie Hockless weighs in on the merger between Tidewater and GulfMark."The consolidation between GulfMark and Tidewater is a positive for the market. With Tidewater’s steadfast and unyielding attitude towards the scrapping of non-performing vessels, this is a good chance for the market to reduce some of its oversupply.
MHI Vestas Offshore Wind, a joint venture of Mitsubishi Heavy Industries and Vestas Wind Systems, signed a conditional contract with CS Wind/Chin Fong the local manufacture of towers, as wind industry veteran takes the reins at newly formed entity in Taipei.MHI Vestas is firming up its localisation plans in Taiwan as the company held a signing ceremony today for the manufacture of wind turbine
Norwegian subsea operating company DOF Subsea has been awarded three new contracts in the North Sea.The first of these contracts will see DOF Subsea undertake a workscope in the Norwegian North Sea involving subsea construction support and pre-commissioning operations from the Geosund during December 2018.
Classification society ABS and Hyundai Heavy Industries (HHI) collaborated to develop cyber security requirements for the ABS Cyber Security-Ready (CS-Ready) Notation for marine assets.A release from ABS said that it issued HHI the first-of-its-kind CS-Ready Notation to a large-scale commercial vessel—a VLCC—delivered in November.