The first Sayaringo STaGE type LNG carrierMitsubishi Shipbuilding Co., Ltd. (MHIMSB) delivered the first Sayaringo STaGE type liquefied natural gas (LNG) carrier, named Diamond Gas Orchid in June, 2018. The Sayaringo STaGE, which was developed based on MHIMSB's cutting-edge technology, has a continuous cover over the cargo tanks, a feature inherited from its predecessor the “Sayaendo”
IMO’s 2050 deadline to reduce GHG emissions 50% from 2008 levels has set off a gold rush to develop Zero Emissions SolutionsClimate change is the biggest issue facing [all aspects of] the maritime industry, said Kitak Lim, IMO secretary general, in an interview earlier this year with Maritime Reporter & Engineering News.
A Maersk product tanker has become the third commercially operating vessel to be equipped with Norsepower Rotor Sail auxiliary wind propulsion technology.Two Rotor Sails have been installed on board the 109,647- DWT Long Range 2 (LR2) product tanker Maersk Pelican in the Port of Rotterdam, announced project partners Norsepower Oy Ltd.
In examining the history of commercial ships, the common refrain is “from sail to steam to diesel.” If the International Windship Association (IWSA) is right, that common refrain one day could be “from sail to steam to diesel … to sail.”As the collective maritime industry struggles to find a future proof propulsion system to meet ever stricter environmental emissions mandates from the IMO
Great moments in naval architecture & marine engineeringThe world's largest construction vessel, Pioneering Spirit, commenced offshore operations in August 2016. The 382m-long and 124m-wide ship was built primarily at DSME’s Okpo Shipyard in South Korea and is used for installation, decommissioning and pipelay activities.
Today TOTE announced leadership changes within its TOTE Maritime division. Michael Noone, currently President of TOTE Maritime Alaska will transition and become President at TOTE Maritime Puerto Rico. Grace Greene, currently Vice President and General Manager at TOTE Maritime Alaska has been promoted to President and will take over for Noone.
As the commercial maritime community is collectively pressed by international and regional regulation to cut emissions, news today from Viking Line proves action as Viking Grace -- which is already fueled by LNG -- has become the first passenger ship in the world to use a rotor sail for wind-assisted propulsion.
Cruise ferry M/S Viking Grace has become the world’s first passenger ship equipped with a rotor sail to harness wind power for propulsion. The rotor sail, developed by Finnish engineering company Norsepower Oy Ltd., is a modernized version of the Flettner rotor: a vertical spinning cylinder that uses the Magnus effect to harness wind power to propel a ship.
Swiss offshore services firm Allseas is planning to build a vessel big enough to be able to remove the world's largest oil and gas platforms when they reach the end of their production lives, its chief executive said. The vessel, to be called Amazing Grace, is designed to remove the heaviest platforms in a single lift and could reduce decommissioning costs for global oil and gas producers
Singapore-based containership operator Pacific International Lines (PIL) said that a naming ceremony of Southern Pearl had taken place at Taizhou Kouan Shipyard in China. The vessel is the first to be owned by PIL’s subsidiary Pacific Direct Line (PDL), the company said.The naming ceremony was graced by PDL board of directors, together with the Godmother of Southern Pearl, Ms. Lucy Bladinières.
Watson Farley & Williams (WFW) has advised CMB Financial Leasing (CMBFL) on a US$180.4m sale and leaseback transaction with Star Bulk Carriers Corp, a Nasdaq-listed global shipping company providing worldwide seaborne transportation of dry bulk cargoes.The funds obtained by Star Bulk under this new five-year capital lease of US$180.
Efforts to increase global fishing vessel safety have received a boost with France becoming the ninth State to ratify International Maritime Organization (IMO)'s Cape Town Agreement. The treaty covers various important safety requirements including radiocommunications, life-saving appliances and arrangements, emergency procedures, musters and drills.