.
Top News
-
IMC Golden Shield Excellence Awards 2023 UK Chapter honors Top Insurance & Marine Professionals...
Biz Events Management, in association with the International Maritime Club (IMC), organized the third edition of IMC Golden Shield Excellence Awards 2023 at The Insurance Hall, London, on 13 September 2023. The award ceremony was organized to recognize organizations/individuals whose outstanding career achievements in the Marine, Energy, Cargo, Oil and gas, and Offshore fields have earned them national or international prominence. Sir Sohan Roy, President International Maritime Club, Fonder Chairman & CEO, Aries Group presented the awards.
-
SIR SOHAN ROY SCREENS MOVIE IN LONDON FOR MARINERS & MOVIE ENTHUSIASTS ALONG WITH LONDON...
Forbes listed filmmaker Sir Sohan Roy screened his highly anticipated movie DAM999 in London as part of his global journey to promote "Peace through Happiness". Red carpet screening was organized aptly along with London Shipping Week events, as the movie is produced for the Maritime fraternity. This Glittering event was well attended by key personalities & decision makers from the Shipping Industry of London. Attendees experienced the rollercoaster of emotions and a powerful narrative that left a lasting impression on them.
-
Rolls-Royce supplies mtu engines for new fast ferries in Abu Dhabi
Rolls-Royce has received an order from Penguin Shipyard International Pte Ltd, a wholly owned subsidiary of Singapore-based shipbuilder and shipowner Penguin International Limited, to supply eight mtu Series 4000 engines for two new aluminium RoPax fast ferries. The vessels are being built at Penguin’s Batam shipyard for the port and ship operator Abu Dhabi Ports Group from the United Arab Emirates. Designed by Incat Crowther UK for construction by Penguin, the 56-metre-long, roll-on roll-off vessels will in late 2024 replace existing ferries that are plying between the UAE mainland and Delma Island, located some 42 kilometres offshore. With the four 16-cylinder mtu Series 4000 engines per vessel delivering together more than 10,000 kilowatts (about 14,000 hp) of power, the aluminum ferries are expected to run at speeds of well above 30 knots, significantly reducing travel time for up to 250 passengers and 25 cars per trip.
-
Ships double banking is strictly prohibited for all types of ships in UAE waters including the...
DP World signed a concession agreement with the Deendayal Port Authority to develop, operate and maintain a new 2.19 million TEU per annum mega-container terminal at Kandla in Gujarat on India’s western coast.
-
Prohibition of double banking without permit
Ships double banking is strictly prohibited for all types of ships in UAE waters including the exclusive economic zones without the permission from the local port authorities or the Federal Maritime Administration (FMA).
Classification
-
ClassNK and FUKUI to collaborate toward installation of safety relief valve for cargo tank of liquefied hydrogen carrier on actual ships
Fukui Seisakusho Co., Ltd. (FUKUI) and ClassNK have signed a Memorandum of Understanding concerning a joint study on a safety relief valve for a cargo tank of liquefied hydrogen carriers at the "Gastech2023" held in Singapore.
-
ClassNK opens new survey office in Paranagua, Brazil
ClassNK has opened a new exclusive survey office in Paranagua, Brazil with operations beginning 1 September 2023.
-
DNV RECOGNISES ERMA FIRST BLUE CONNECT AS 'ENERGY SAVING DEVICE'
ERMA FIRST, a leading sustainable maritime solutions provider, has received a letter of professional opinion from DNV categorising ERMA FIRST BLUE CONNECT as an energy-saving device and verifying its positive impact on Carbon Intensity Indicator performance.
Insurance
-
Lynch Caribbean offers Agriculture & Maritime Insurance to SVG
Insurance Brokerage Company, Lynch Caribbean is seeking to establish a platform within CARICOM, that will foster greater security needed for stakeholders within the Agriculture and Maritime sectors. At the 22nd Eastern Caribbean Ministerial Meeting on Fisheries and Sustainable use of Living Marine Resources at the Beachcombers Hotel Conference Room in Villa, St. Vincent and the Grenadines, on July 13, 2023. The Managing Director and Director of the Company were at hand to explain the benefits of Agriculture and Maritime Insurance.
-
Reederei Nord and The Swedish Club Collaborate to Improve Onboard Safety
The Swedish Club demonstrated the value of more than 150 years of claims experience when invited to participate in Reederei Nord’s Senior Officers’ Conference, which took place late last month in Hamburg.
-
The Britannia group makes significant donations to four Bermudian maritime...
The Britannia Group has a long association with the marine reinsurance market in Bermuda and the donations will help support the work these charities undertake to train and educate young sailors and support local maritime communities.
Oil & Gas
-
ADNOC to Launch First High-Speed Hydrogen Refueling Station...
ADNOC announced that it has begun construction on the Middle East’s first high-speed hydrogen refueling station. The station, which is being built in Masdar City by ADNOC, will create clean hydrogen from water, using an electrolyser powered by clean grid electricity.
-
Yinson to Acquire Atlanta FPSO, Activating 15-year Charter...
Brazilian oil company Enauta said Friday it had received a letter from the Malaysian FPSO company Yinson, notifying the exercise of an option to acquire FPSO Atlanta, through the purchase of all the shares of AFPS B.V., the platform owner company.
-
Petrobras Partners with SLB to Drive Efficiency and...
SLB, previously known as Schlumberger, said Thursday it had won a five-year contract with the Brazilian oil company Petrobras for an enterprise-wide deployment of its Delfi digital platform.
-
ADNOC, John Cockerill Hydrogen, and Strata Manufacturing to...
The Ministry of Industry and Advanced Technology (MoIAT) announced today at the “Make it in the Emirates” Forum in Abu Dhabi that is has supported a strategic collaboration agreement between ADNOC, John Cockerill Hydrogen and Strata Manufacturing, aiming to manufacture electrolysers in the UAE for local use and for export.
-
Oil prices slide 5% amid skepticism the debt-ceiling deal...
Oil prices tumbled Tuesday as worries about demand accelerated on concerns that a weekend deal to raise the $31 trillion US debt ceiling will be derailed
-
Jordan’s oil bill down 0.4% in Q1 2023
Jordan’s oil bill went down 0.4 per cent in the first three months of 2023, compared with the same period of 2022, the Department of Statistics (DoS) said on Sunday
Ports
-
Divergent Results for SoCal Ports as They Look to Rebuild Volumes
Southern California’s two primary ports reported divergent results for June while remaining optimistic that with a resilient economy and tentative longshore labor agreement, they will begin to build back their volumes. The Port of Los Angeles highlighted that it continued on an upward trend for four consecutive months while the neighboring Port of Long Beach said trade was cooling and its volumes stalled.
-
PCT welcomes OOCL PIRAEUS, one of the largest container vessels in the world
PCT (Piraeus Container Terminal), in a landmark moment in its history, welcomes one of the largest container vessels worldwide (mega container vessels), on its maiden voyage. OOCL PIRAEUS – owned by Orient Overseas Container Line Europe, a subsidiary of COSCO S HIPPING Group – received its name in recognition of the important role played by Piraeus container terminal as a hub for international freight transport.
-
Alexandria Container posts 152.1% YoY profit growth in 9 months: Egypt
Alexandria Container and Cargo Handling Company (ALCN) has reported a 152.1% year-on-year (YoY) increase in net profit after tax during the period from July 1st 2022 until March 31st 2023, according to the financial indicators filed to the Egyptian Exchange (EGX) on May 28th
Finance
-
Saipem Secures $1B in New Contracts for Offshore Activities in Middle East and...
Saipem has been awarded two new contracts, one for EPCI offshore activities in the Middle East and the other for the development of underwater drones in Brazil. The total value of the new contracts is approximately $1 billion.
-
Adani raises $1.4 billion from stake sale in 3 companies; $9 billion raised in...
Billionaire Gautam Adani has raised $1.38 billion ( ₹11,330 crore) from stock sales in three group firms, bringing the total amount raised over the past four years to USD 9 billion as the conglomerate attracts interest from a variety of investors.
-
Iraq launches $17bln road and rail project to link Asia and Europe
Iraq launched a $17 billion project to link a major commodities port on its southern coast by rail and roads to the border with Turkey, in a move designed to transform the country’s economy after decades of war and crisis.
Shipping
-
VIKING wins huge Hellenic Coastguard patrol boat...
VIKING Norsafe Life-saving Equipment HELLAS has secured orders from Greece’s Ministry of Shipping & Island Policy to deliver 31 patrol boats and three high-speed boats to the Hellenic Coast Guard. The orders, covered in three separate contracts with the VIKING Life-saving Equipment subsidiary, are part of an EU-backed Hellenic Coast Guard procurement program which was initiated four years ago.
-
Japan’s First Dual-Fuel LNG Bunker Ship Launched...
Japan marked the launch of its first dual-fuel LNG bunkering vessel which is being built as part of an effort to develop the country’s supply chain and bunkering capabilities. The vessel will be the first to operate specifically in western Japan both to bunker ocean-going vessels and for the coastal transport of LNG.
-
ClassNK issues approval in principle (AiP) for...
ClassNK has issued an Approval in Principle (AiP) for an ammonia and liquefied CO2 (LCO2) carrier which has been jointly developed by Mitsubishi Shipbuilding Co., Ltd. and Nippon Yusen Kabushiki Kaisha (NYK Line).
-
Diverse panel to scrutinise key shipping industry...
Diversity will be a core factor of this year’s London International Shipping Week Headline Conference when a healthy balance of global leaders come together to debate crucial industry issues at the London headquarters of the International Maritime Organization on September 13th
-
Shippers forming ‘green corridors’ to fast-track...
It’s among the world’s busiest container shipping routes — a stream of vessels packed with furniture, automobiles, clothing and other goods, traversing the Pacific between Los Angeles and Shanghai. If plans succeed, this corridor will become a showcase for slashing planet-warming carbon emissions from the shipping industry, which produces nearly 3% of the world’s total. That’s less than from cars, trucks, rail or aviation but still a lot — and it’s rising.
Legal & Regulations
-
WFW advises CSSC regarding two luxury RoPax ferries
Watson Farley & Williams (“WFW”) has advised CSSC (Hong Kong) Shipping Company Limited (“CSSC”) regarding two luxury roll-on/roll-off passenger (“RoPax”) ferries, the Moby Fantasy and Moby Legacy, with Italian operator Moby S.p.A. (“Moby”). The vessels were built by China’s Guangzhou Shipyard International and are currently the world’s largest luxury RoPax ships. Moby Fantasy was delivered in early May 2023 and Moby Legacy will be delivered in late 2023.
-
CPC adopts new regulations on tanker loadings in its marine terminal
Caspian Pipeline Consortium (CPC) said it has adopted new regulations allowing it to reduce the loading speeds of oil tankers in its marine terminal at times of changing weather conditions to minimize air pollution.
-
The cybersecurity implications of IMO 2023
In 2011 the International Maritime Organization (IMO) established rules for new-build vessels to reduce the amount of CO2 generated from shipping called the Energy Efficiency Design Index (EEDI). In 2023, new IMO regulations created the Energy Efficiency Existing Ship Index (EEXI) to assess efficiency of existing vessels. In addition to the IMO regulations, in 2021 the European Commission (EC) adopted a set of proposals called Fit for 55 with the aim of reducing net greenhouse gas emissions by at least 55% by the year 2030. IMO 2023 and Fit for 55 are aimed at reducing greenhouse gas emissions from the shipping industry through increasing the efficiency of vessels. While these regulations are essential for environmental sustainability, they will also have significant impacts on Operational Technology (OT) cybersecurity in the Maritime industry.
Environment
-
Port of Rotterdam Authority is pleased with significant tightening of IMO ambitions
The Port of Rotterdam Authority welcomes the ambition of the International Maritime Organisation (IMO) to be climate-neutral by 2050. The Port of Rotterdam Authority views the new agreements set out by the 175 IMO Member States as an important foundation for climate-proofing the shipping sector.
-
A firm commitment to the UAE’s climate goals and UNSDGs: Al Masaood Group launches its first Sustainability Report
Al Masaood Group, one of Abu Dhabi’s leading business conglomerates, announced the launch of its inaugural Sustainability Report. This comprehensive document underscores the Group's unwavering commitment to the United Nations Sustainable Development Goals (UNSDGs) and the UAE's ambitious climate objectives.
-
Port of Newcastle and MHI Announce Clean Energy Partnerships Enabling Port of The Future in Newcastle
Port of Newcastle and Mitsubishi Heavy Industries, Ltd. have unveiled, during a visit by Mr. Chris Bowen, Minister for Climate Change and Energy, to the Port today, an MOU setting out a pathway towards the enablement of a world-class clean energy economy in the Hunter Region through the Port’s Clean Energy Precinct, which secured a $100-million Commonwealth funding grant in the 2022 Federal Budget.
Education
-
MPL signs maritime education agreement with...
The Maldives Ports Limited (MPL) and the Netherlands Maritime University College (NMUC) have signed an agreement to enhance maritime education.
-
Sharjah Ruler issues a law regulating Sharjah...
H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, issued Law No. (2) of 2023 AD regarding the organisation of the Arab Academy for Science, Technology, and Maritime Transport in Sharjah.
According to the Law, the name "Arab Academy for Science, Technology and Maritime Transport in Sharjah", wherever it appears in legislation and all administrative, financial, legal and other transactions, shall be replaced with the following name: "Sharjah Maritime Academy". -
UNE’s first Marine Affairs/Maine Law student is...
Isabella Dube (Marine Affairs, ’24) has always had a passion for the sea. Growing up in Saco, on the banks of the city’s namesake river in a community anchored by the fishing industry, it was only natural she would build a career around the deep blue expanse. And, as a lover of true crime, she knew she was destined to become a lawyer.
-
MOU between Leela ship recycling yard in Alang...
“Leela Ship Recycling Pvt. Ltd., a subsidiary of Leela Worldwide and Sir Bhavsinhji Polytechnic Institute signed a Memorandum of Understanding (MOU) to advance Ship Recycling and Maritime Education.
-
Effedua extols NIMASA, Min.of Transportation for...
The Rector, Maritime Academy of Nigeria ( MAN), Commodore Duja Emmanuel Effedua (Rtd) has express his appreciation to the Federal Ministry of Transportation and the Nigerian Maritime Administration and Safety Agency (NIMASA) for their support toward the transformation of the Academy to a world-class maritime education and training institution.
Women in Maritime
-
DP World’s Mervel Kotzebue-Fleur Wins ‘2023 Maritime Award of the Americas’
Mervel Kotzebue-Fleur, General Manager of DP World Paramaribo, has been named winner of the 2023 Maritime Award of the Americas in the Outstanding Women in the Maritime and Port Sector category. The award recognizes “the leadership and dedication of an outstanding woman through significant achievements, as well as professional contributions for the development of the maritime and port sectors in the Americas.”
-
Jordanian Rawan Al-Faqir awarded Young Diplomat of the Year Award in UK
Rawan Al-Faqir, the First Secretary at the Embassy of Jordan in the UK, was awarded the 2023 Young Diplomat of the Year award at the 2023 DIPLOMAT magazine annual award ceremony.
-
THE SHARE OF FEMALE PARTICIPATION IN ESPO’S WORK REMAINS RELATIVELY HIGH IN 2022
In 2022, the overall number of women participating in the ESPO Committee and Network meetings remained at a relatively high level, albeit not yet reaching gender parity.
Techonology
-
Ponant Presents Designs for Sail and Fuel Cell Powered Cruise Ship
French cruise company Ponant presented two design concepts for a next-generation cruise ship that aims to reduce emissions and evolve toward carbon neutrality. The company reports that it is in discussion with select shipyards and expects the ship which will combine six decarbonization technologies will be ready by 2030.
-
WÄRTSILÄ AUTOMATION, NAVIGATION AND CONTROL SYSTEMS (ANCS) SELECTS FLEET XPRESS...
Inmarsat Maritime, a Viasat business, will connect Wärtsilä ANCS’s new floating laboratory, AHTI, and its shore operations, to support the data exchange for advanced technology testing and the ship’s day to day operations. Inmarsat Maritime’s award-winning Fleet Xpress connectivity will be packaged with unlimited back-up from FleetBroadband to meet all the demonstrator’s needs.
-
BERG adds adaptable control and propulsion to optimize wind assisted Neoliner...
An integrated control to propeller solution from Berg Propulsion has been selected to ensure that the visionary Neoliner ro-ro vessel will always achieve optimized performance, whether it is powered by wind alone or with the assistance of gensets.
Dredging
-
State-of-the-art dredger brought to expedite...
A state-of-the-art dredger has been brought to speed up the government's dredging projects.
-
National Marine Dredging Group launches the ‘Let’...
National Marine Dredging Group (NMDC Group) and the Abu Dhabi Chamber of Commerce and Industry (ADCCI) today launched the ‘Let’s Grow Together’ supplier engagement event geared towards bolstering business opportunities for Abu Dhabi-based suppliers, as part of their efforts to unveil untapped opportunities that benefit the industrial business ecosystem and drive local economic growth.
-
China To Build “Super Dredger” Vessel To Enhance...
China plans on building a supersized sand dredging vessel to boost its island-building capabilities, the South China Morning Post informed earlier in the week.
-
Flood-prone Davao Norte gets dredger
The Davao del Norte government has purchased a Watermaster, a mobile amphibious multipurpose dredger intended primarily for the Libuganon River in Tagum City.
-
More than 120 kms of waterways in Assam to be...
Union Minister of Ports, Shipping and Waterways (MoPSW) and Ayush, Sarbananda Sonowal confirmed the historic agreement signed between Inland Waterways Authority of India (IWAI), an autonomous body under MoPSW, and Dredging Corporation of India to dredge more than 120 kms of waterways in Assam.
LIFESTYLE
-
Gulf Craft’s Majesty 111 Triumphs with "Best...
Gulf Craft, one of the world's leading boat and yacht manufacturers, is proud to announce another prestigious accolade. This time, it is for their latest addition to the Majesty Yachts line-up, the Majesty 111, which was awarded “Best Interior Design” at the World Yachts Trophies 2023, concurring with the Cannes Yachting Festival.
-
YSA Design re-imagines heritage cruising for ‘...
Re-imagined interior spaces from YSA Design on a luxury Hurtigruten ship are turning heads all along the Norwegian coast, after a substantial upgrade that meets expectations for future sustainability while paying homage to the owner’s 130-year heritage of stylish cruising.
-
MSC World Europa calls at Port Sultan Qaboos
On March 30, 2023, Port Sultan Qaboos in Muttrah received the cruise ship MSC World Europa of MSC Cruises with 6,544 passengers on board as part of its scheduled trips to several cities.
-
Dubai International Boat Show highlights local...
Dubai International Boat Show 2023, recently concluded after attracting over 30,000 visitors and industry players from across the globe to the Dubai Harbour for five days of demonstrations, displays, seminars, launches, and workshops.
OFFSHORE
-
Operators 'wait and see’ as floater...
The floating rig market has long since crossed an inflection point incentivising the reactivation of cold-stacked tonnage, yet operators remain disciplined in their approach, according to new research by Maritime Strategies International.
-
South Korean Shipbuilder to Build Floating...
South Korea’s HD Hyundai Heavy Industries Co., Ltd. said Monday in a stock exchange announcement that it had received a contract to build a floating production unit for a client in Mexico.
-
JNPA shifts location of new Port at Vadhavan to...
State-owned Jawaharlal Nehru Port Authority (JNPA) plans to build a mega port at Vadhavan near Dahanu in Maharashtra's Palghar district at an offshore location instead of the earlier onshore site, in a change that requires large-scale reclamation for which material will be sourced from sand borrow pits off the coast of Daman some 50 kms away.
-
Qatar takes stakes in two Exxon oil and gas...
QatarEnergy said it signed a deal for stakes in two of ExxonMobil’s offshore explorations in Canada as the Qatari state-owned firm builds up its global energy portfolio.
