Melting ice in the Arctic Ocean could yield new trade routes in international waters, reducing the shipping industry’s carbon footprint and weakening Russia’s control over trade routes through the Arctic, a study found.With climate change rapidly warming the world’s oceans, the future of the Arctic Ocean looks grim.
Ports and terminal operators are entering a new era where the operational threats they face – both old and new – will make a return to ‘business as usual’ increasingly unlikely, even once the pandemic finally subsides.Transition to new technologies and digitally enabled systems, addressing the impact of climate change
The government of Argentina on Monday declared a 180-day “water emergency” for the Parana River, which is suffering a historic bout of shallowness that has affected the amount of grains that can be shipped from the country’s key ports hub of Rosario.The country is a major international food supplier.
A ship financier’s primary security is the mortgaged ship. If the ship becomes a total loss, the mortgage will provide no valuable security, leaving the financier to rely on its rights as assignee and loss payee (and occasionally as co-assured) under the shipowner’s marine insurance policies.
WTW has launched CyNav for Ports and Terminals, a cyber solution specifically designed to help address the escalating cyber risks faced by owners and operators in this strategically vital sector of the global maritime supply chain. The release of CyNav for Ports and Terminals is a direct response to growing calls from operators for a bespoke product that addresses the specific risks faced
On January 14, 2022 the European Parliament’s Rapporteur, MEP Peter Liese, published his draft report on a proposal to revise the Emissions Trading System (ETS) Directive¹ which forms part of the ‘Fit for 55’ package of climate and energy reforms published on July 14, 2021. The draft report includes a number of ambitious amendments to emissions trading for the maritime sector – the Maritime ETS
The American Bureau of Shipping (ABS) granted Alfa Laval the first marine approval for operating boilers on methanol.“Alfa Laval is looking at the full scope of methanol’s influence on board,” says Lars Skytte Jørgensen, Vice President Technology Development, Energy Systems, Alfa Laval Marine Division.
Offshore energy companies have started searching for new bases away from Louisiana's devastated ports as oil and gas companies launch efforts to resume their Gulf of Mexico operations.Port Fourchon, a key hub for the offshore industry, was slammed by Ida on Sunday when it made landfall with winds over 150 miles per hour (240 kph).
While 2020 proved to be a challenging year for offshore oil and gas markets, the same cannot be said about offshore renewables, which saw substantial growth."It is expected that a number of offshore support vessels (“OSVs”) and crew boats will be redeployed from the offshore oil and gas sector to service the offshore wind industry and that existing offshore wind installation vessels will be
Brazilian oil company Petrobras has awarded service contracts to DOF's Brazilian subsidiaries to Norskan Offshore Ltda. and DOF Subsea Serviços Brasil Ltda.The contracts are for the Skandi Iguazu AHTS vessel including ROV. The contracts will start in the fourth quarter of 2022 and will have a duration of three years. Petrobras will have options to extend the contracts for two more years.
Oslo-listed offshore vessel operator DOF has, through its Brazilian subsidiaries, won new long-term charter and service contracts with Petrobras for four AHTS vessels and ROVs. The vessels, Skandi Angra, Skandi Paraty, Skandi Urca, and Skandi Fluminense, (AHTS 18000 class), currently operating for Petrobras and equipped with DOF Subsea's work class ROVs
Rolls-Royce announced it has secured a contract to supply eight of its mtu 16V 4000 M65L engines for four 80-ton bollard pull tugboats to be built by Detroit Brasil, Ltda. and operated by Starnav Servicos Maritimos Ltda. The new tugs will feature a hybrid propulsion system, combining the mtu engines and mtu Blue Vision New Generation (BVNG) monitoring system with Z-drive thrusters