Unlocking new levels of multibeam performance with Norwegian Subsea MRUMotion Reference Units (MRUs) are crucial in bathymetric survey technology, providing precise motion compensation data to ensure reliable and accurate seafloor mapping. For users like Captain Sid Hynes, a seasoned mariner exploring Newfoundland’s shipwreck-rich waters, the Norwegian Subsea MRU has redefined what is possible
Preparing for industrialization, the floating offshore wind industry is tackling its unique mooring and cabling challenges.The idea of keeping floating offshore wind platforms in place using dynamic positioning has been considered. The trouble is: it could take up to 80% of the electricity generated by the turbine to do it.
Shipowners in all sectors face the same decision: build new or refurbish older tonnage. In the booming cruise sector the decision is more pressing, particularly as new construction ships can take two to three years to build, perhaps longer today with global shipyard orderbooks packed full.
The Scottish government is set to tender for a series of seven new electric ferries for the Clyde and Hebrides network.The first stage of the competitive tender process will assess if shipyards interested in bidding for the contract meet the financial and technical criteria to take on the project, Caledonian Maritime Assets Limited (CMAL), the government-owned entity that owns ferries, ports
South Korea's Hanwha Group has agreed to acquire U.S. shipbuilder Philly Shipyard in a $100 million cash deal, the companies announced on Thursday.Under the deal, which is expected to close in Q4 2024, Hanwha Systems and Hanwha Ocean will purchase purchase of Philly Shipyard, Inc., the sole operating subsidy of Aker-owned Philly Shipyard ASA, based in Oslo.
Shell has reached an agreement with Carne Investments, an indirect wholly-owned subsidiary of Temasek, to acquire 100% of the shares in Pavilion Energy, a Singapore-based global liquefied natural gas (LNG) trading business.Pavilion Energy is an LNG business with a contracted supply volume comprising about 6.5 million tonnes per annum (mtpa).
A 72-year-old Great Lakes freighter has anchored safely in Thunder Bay, Ontario following a flooding incident in Lake Superior.At around 7 a.m. on Saturday morning, the Canadian-registered Michipicoten reportedly struck an underwater object and began taking on water in U.S. waters about 35 miles south of Isle Royale, the U.S. Coast Guard said.
It was only 30 years ago when maritime lost approximately 200 large vessels per year. Despite the mounting risks to shipping globally, its safe to say that safety measures and technology put in place in the interim have paid off, as in 2023 the industry saw 26 large ships lost -- down from 41 a year earlier and the lowest total ever
A ceremony attended by dignitaries has marked the official ‘birth date’ for the two new ships which will serve the Penzance to Isles of Scilly route for the Isles of Scilly Steamship Group (ISSG).The keel laying is a milestone in the build process, recognized for centuries as the ‘birth’ of a new ship and an important point for the Scillonian IV passenger ferry and the cargo vessel, Menawethan.
Van Oord has installed over a quarter of the foundations which will support Sofia offshore wind farm’s 100 wind turbines in the North Sea since the start of operations in May.The Dutch contractor Van Oord is using the Port of Tyne’s Clean Energy Park as a storage and marshalling base, benefitting from direct access to its deep-water quay and connection to the North Sea.
One of the oldest ferries in the CalMac fleet will be retired later this year after almost four decades of operation, as the Scottish operator phases out older tonnage and modernizes its service with new vessels.The Hebridean Isles, built by Cochrane Shipbuilders in the mid-1980s, will retire in November, having served Scotland's west coast communities since her maiden voyage in December 1985.
Rand Logistics, a dry bulk shipping group operating on the Great Lakes, announced on Wednesday that it has reached a deal to acquire Andrie from Auxo Investment Partners, marking the company's expansion into liquid bulk shipping. Financial terms were not disclosed.Andrie, based in Muskegon, Mich.