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ADNOC partners with French firm to design unmanned supply vessels
Vessels

ADNOC partners with French firm to design unmanned supply vessels

ADNOC Logistics & Services (ADNOC L&S), the shipping and maritime logistics arm of the Abu Dhabi-based oil company ADNOC, has signed an agreement with France’s SeaOwl for the design of unmanned remotely operated vessels (ROVs) capable of transporting vehicles, equipment and supplies to and from offs

about 3 years ago
Inpex and Astomos to supply Middle East’s first-ever marine biofuel for VLGC
Vessels

Inpex and Astomos to supply Middle East’s first-ever marine biofuel for VLGC

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Japanese LPG trader and importer Astomos Energy Corporation and compatriot energy company Inpex Corporation have reached an agreement to supply B24 biofuel bunker to a very large gas carrier (VLGC) in the United Arab Emirates (UAE). The agreement will see Inpex supply B2 biofuel to the VLGC chartere

about 3 years ago
Stena Pro Marine;
Vessels

Methanol momentum: 25 ships in operation, 81 more on the way

There are currently 25 methanol-fuelled ships in operation and another 81 ships on order as of March 2023, according to DNV’s Alternative Fuels Insight. This compares to a total of 82 methanol-powered ships that were in operation and on order at the end of 2022. Of the newbuild ship orders placed in

about 3 years ago
tanker
Vessels

Iran seizes 2nd VLCC in the Strait of Hormuz

Panama-flagged oil tanker Niovi was seized by Iran’s Islamic Revolutionary Guard Corps Navy (IRGCN) while transiting the Strait of Hormuz on May 3, the U.S. Navy said. The 309,300 dwt VLCC, built in 2005, is owned by Liberia-based Grand Financing Co, on behalf of Greek Altomare, and managed by Smart

about 3 years ago
CMA CGM
Vessels

Average sailing speed could drop by 10 pct by 2025, BIMCO says

Following a 4 percent increase in average sailing speed during the COVID-19 pandemic triggered by strong demand and widespread port congestion, the situation today is very different in the liner sector. Namely, during the first quarter of 2023 the average sailing speed has slowed to 13.8 knots, down

about 3 years ago
UN coordinator urges public help with funding to stave off ‘5th largest oil spill from a tanker in history’
Vessels

IMO appeals to member states for equipment to prevent catastrophic oil spill from FSO Safer

The International Maritime Organization (IMO) is urging Member States to contribute equipment to help UN-led efforts to prevent a possible catastrophic oil spill from the FSO Safer, a rapidly decaying floating storage offshore (FSO) unit moored off the Red Sea coast of Yemen. IMO is providing expert

about 3 years ago
CMA CGM's LNG-powered giant calls at Dunkirk
Vessels

Survey: Multifuel future is on the cards as companies ready to run their fleets on 3 or more fuels simultaneously

As the global maritime industry embarks on a decarbonization journey, a recent survey conducted among industry stakeholders has revealed that the path towards decarbonization will be complex, with a wide range of fuels in the mix through 2050. The survey respondents expect their fleets to run on mul

about 3 years ago
UNDP hires Boskalis to prevent 'enormous oil disaster' offshore Yemen
Vessels

UNDP hires Boskalis to prevent ‘enormous oil disaster’ offshore Yemen

Dutch offshore services provider Boskalis has, through its subsidiary SMIT Salvage, reached an agreement with the United Nations Development Programme (UNDP) to remove oil from a floating storage and offloading (FSO) facility moored off Yemen’s Red Sea coast. This Stop Red Sea Spill operation is a p

about 3 years ago
Five dual-fuel VLGCs join ADNOC L&S fleet
Vessels

Five dual-fuel VLGCs join ADNOC L&S fleet

UAE’s ADNOC Logistics & Services (ADNOC L&S), the shipping and maritime logistics arm of the Abu Dhabi National Oil Company (ADNOC), has deployed five newbuild dual-fuel very large gas carriers (VLGCs). The vessels, which were ordered back in 2020, were built at Jiangnan Shipyard in Shanghai, China,

about 3 years ago
Ammonia
Vessels

In focus: Offshore energy, shipping look to CCS and alternative fuels as they ramp up decarbonization efforts

The offshore energy and shipping industries are essential components of global trade and commerce, responsible for transporting goods and powering homes and businesses around the world. However, they are also significant contributors to greenhouse gas emissions. As the world’s focus on reducing carb

about 3 years ago
Fugro's Blue Essence becomes first-ever UAE-flagged uncrewed surface vessel
Vessels

Fugro’s Blue Essence becomes first UAE-flagged uncrewed surface vessel

Fugro has received full navigation licensing from the UAE Ministry of Energy and Infrastructure for its Blue Essence uncrewed surface vessel (USV). The navigation licensing for Fugro Pegasus represents the first registration of an over-the-horizon USV in the UAE, making the Blue Essence USV the firs

about 3 years ago
EEC
Vessels

EEC: Sustainable shipbreaking an untapped area ripe for disruption

Elegant Exit Company (EEC), a sustainable ship recycling startup, is on a mission to change the ship recycling industry by converting old ships into green steel. The Drachten-based company was launched in 2020 with plans to own a fleet of end-of-life ships that will be operated until their planned r

about 3 years ago
Biofuels
Vessels

WFW: Biofuels trump LNG as most popular alternative for the next 5 years

In 2021, LNG was the most popular alternative fuel considered by shipowners for use in the (then) next five years; twice as many as those who said they were considering biofuels. That position has now virtually reversed, with biofuels at the same level of response as LNG in 2021 while LNG has fallen

about 3 years ago
Port of Los Angeles, California
Vessels

Survey: 56 pct of shipowners are in ESG-linked tie-ups

The maritime industry has a better idea of the trade-offs necessary to achieve net zero, although most of the practical work still lies ahead, and regulatory and technology uncertainties remain, a recent survey conducted by the London-based law firm Watson Farley & Williams (WFW) shows. ‘The Sustain

about 3 years ago