Top News
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Abu Dhabi boat show features 43% UAE brands
The Abu Dhabi International Boat Show (ADIBS), the first event for boating held in the region since the pandemic, got off to an impressive start on Wednesday.
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Abu Dhabi International Boat Show 2021 hosts championships and activities during its third day amid...
The Abu Dhabi International Boat Show 2021 continued its activities, championships for the third day in a row, amid a large audience of visitors interested in yachts, boats, marine sports and fishing equipment.
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Exalto Emirates successfully participates in ADIBS 2021
Home to some of the world’s most reputed marine equipment brands, Exalto Emirates showcased its new product offerings at the third edition of the Abu Dhabi International Boat Show (ADIBS). Held under the patronage of His Highness Sheikh Nahyan bin Zayed Al Nahyan, Chairman of the Board of Trustees of the Zayed Bin Sultan Al Nahyan Charitable & Humanitarian Foundation and Chairman of the Abu Dhabi Sports Council, the event kickstarted on 13 October 2021 at the ADNEC marina.
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Gulf Craft launches a new series of boats at Abu Dhabi International Boat Show
Gulf Craft has unveiled a new range of products which include sleek sporty styling and sustainable technologies at the Abu Dhabi International Boat Show, which was inaugurated yesterday by Sheikh Sultan bin Tahnoon Al Nahyan, Chairman of the Board of the Frontline Heroes Office.
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ARIES Launches exclusive Facility for Underwater Solutions using Diving & Remote Operated...
ARIES GROUP expanded their survey and Inspections portfolio to Underwater by launching an exclusive facility in UAE for Diving services and ROV Surveys. Mr. Sultan Saif Sultan Al Samahi, Member of Board of Directors Fujairah Chamber of Commerce & Industry, Fujairah National Council Member, Advisor to Government & Ministry did the Official Launch of the Aries Underwater Solutions LLC, UAE in the presence of H.E. Khamis Juma Buamim, Chairman – Dubai Council for Marine & Maritime Industries & Dr. Sohan Roy, Founder Chairman, Aries Group of Companies.
Classification
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Indian Register of Shipping (IRClass) delivers Emergency Response Plan and Oil Spill Response related services to Qatari ports
Indian Register of Shipping (IRClass) has delivered a set of detailed Emergency Response Plans (ERP) and Oil Spill Contingency Plans (OSCP) for Hamad and Al Ruwais ports. The two ports fall under the authority of Mwani Qatar.
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ABS to Class Allseas' Deep Sea Mining Ship
Classification society ABS said it has been selected to class a former drillship that is being converted to a subsea mining vessel.
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China Classification Society and A.P. Moller – Maersk strike new decarbonistion research agreement
A.P. Moller – Maersk A/S (Maersk), and China Classification Society (CCS) are set to embark on a major project to drive decarbonisation in the shipping industry after signing a landmark agreement in Beijing.
Insurance
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West P&I Club announces 15% general increase in response to market...
The Board of the West of England P&I Club has today announced a 15% general increase for mutual P&I and FD&D Members. This reflects another challenging year for the P&I industry, as record IG Pool claims and pandemic-related liabilities remain a persistent challenge.
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Thomas Miller Specialty, in partnership with HDI Global SE, launches marine and...
Thomas Miller Specialty, a global insurance provider across a number of sectors including marine and offshore, has recruited senior marine and energy underwriter Mark Nunn as its specialist offshore underwriter in Asia Pacific.
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IUMI supports Call to Action for Shipping Decarbonization
The International Union of Marine Insurance (IUMI) fully endorses the Call to Action for Shipping Decarbonization that was announced last month by the Getting to Zero Coalition. The Call to Action unites the voices of more than 150 industry leaders, companies and organizations representing the entire maritime value chain, including shipping, cargo, energy, finance, ports, and infrastructure.
Oil & Gas
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Petrobras Takes TechnipFMC's Pipelay Support Vessel on...
Oilfield services company TechnipFMC has secured a long-term charter and services contract with Petrobras in Brazil for the pipelay support vessel Coral do Atlântico.
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Germany's Nord Stream 2 Gatekeeper: The Long Road...
The Nord Stream 2 pipeline is completed and ready to pump Russian gas to Europe, but nothing is flowing yet because it is still awaiting clearance from Germany's energy regulator.
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ExxonMobil Hikes Offshore Guyana Resource Estimate to 10...
U.S. oil major ExxonMobil has made yet another oil discovery in its prolific Stabroek Block, offshore Guyana, and has now increased its estimate of the discovered recoverable resource for the block to approximately 10 billion oil-equivalent barrels.
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Petrobras Confirms Bids for Albacora Fields. Could Snap Up...
Brazilian oil and gas company Petrobras has confirmed it has received bids for its Albacora and Albacora Leste offshore fields which could "exceed US$4 billion for both fields."
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BW Energy: No Formal Decision on Petrobras' Assets Buy
Oslo-listed oil and gas company BW Energy, responding to press speculation, said Monday it had not made any formal decision to buy any of Brazil-based Petrobras' assets.
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Eni Brings Online Another Oil Field in Angola via Armada...
Italian oil giant Eni has kicked off production from Cabaça North deepwater oil field located in Block 15/06 offshore Angola.
Ports
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Port delays a ‘global challenge’ according to G7 Finance Ministers
Container jams are not only affecting Felixstowe port in the UK, they are being seen around the world.
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Global Ports Holding Positions Kalundborg as an alternative to Copenhagen
Global Ports Holding Plc (“GPH”), the world’s largest independent cruise port operator, is pleased to announce that it has signed a 20-year agreement with the Port of Kalundborg to provide services for cruise passengers in Kalundborg Port, Denmark. Kalundborg Port will be GPH’s first cruise port in the Northern European cruise port market, marking an important milestone in the continued development and growth of the company.
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Decarbonization Project Studies Hydrogen at UK’s Immingham Port
A feasibility study looking at the decarbonization potential of hydrogen at the Port of Immingham in the United Kingdom was launched in September 2021 and is expected to run till March 2022. The project is studying the commercial opportunities for producing, supplying, and using hydrogen at the port, which the Association of British Ports says in the U.K.'s largest port by tonnage, handling around 46 million tons of cargo every year.
Finance
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CIT Serves as Sole Lead Arranger on $26.5 Million Maritime Financing
CIT Group Inc. (NYSE: CIT) today announced that its Maritime Finance business served as sole lead arranger on $26.5 million in senior secured financing on behalf of Queen Esther Shipping Limited.
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Florida Ports Promoted as Alternative to Congestion and Bottlenecks
Florida has become the latest in a series of regional ports in the U.S. seeking to highlight availability as an alternative to the congestion and backlogs at the primary seaports in California and now increasingly also the U.S. East Coast. In an aggressive campaign, the Florida Ports Council is promoting Florida’s fifteen public seaports as an answer to the global supply chain crisis providing an opportunity to save time and money for shippers.
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HFW advising kiwirail on shipping industry’s first climate bond initiative-...
HFW is advising KiwiRail on a secured NZ$350m pre- and post-delivery loan facility for its purchase of two newbuilding Interislander rail-enabled ferries to be constructed in Korea.
Shipping
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Northern Lights JV Awards Contracts for Building...
The vessels are designed to transport liquid CO2 with purpose-built pressurised cargo tanks. The primary fuel for the ships will be LNG, keeping emissions low. Other innovative technologies, such as a wind assisted propulsion system and air lubrication will be installed to reduce carbon intensity by around 34% compared to conventional systems. The ships are the first of its kind and will potentially set a new standard for CO2 shipping on coastal trading routes.
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NYK Appoints Its First Indonesian Captain on LNG...
Japan’s NYK Shipmanagement company appointed its first Indonesian seafarer as a captain of one of the company’s LNG carriers. The appointment is part of a program that NYK has been running since 2008 designed to develop Indonesian seafarers and a broader training program in operation since 2007 to develop deck and engine officers for NYK’s vessels.
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U.S. Retail Imports Remain High Despite Shipping...
Imports at the nation’s largest retail container ports should remain at near-record levels this month but could see a slight dip from last year’s unusually high numbers as congestion slows the movement of backed-up cargo, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates.
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Mexico joins the World Logistics Passport
The Mexican Secretariat of the Economy (SE) has signed a Memorandum of Understand with the World Logistics Passport (WLP), establishing the SE as a co-ordinating partner in the country which became a WLP Hub earlier this year.
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Korea Looks at Options to Speed KSOE-DSME Merger
For the fifth time since announcing the plans to merge two of South Korea’s leading shipbuilders, Korean officials confirmed today that they have yet again agreed to delay the scheduled closing of the merger between Korea Shipbuilding Offshore Engineering Co. (KSOE) and Daewoo Shipbuilding Marine Engineering Co. (DSME). The Korea Development Bank which would sell its shares in DSME to Hyundai Heavy Industries agreed to an extension for the deadline to the end of 2021, while reports in Korea suggest efforts are underway to find alternatives to speed the completion of the transaction first announced in February 2019.
Legal & Regulations
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WFW on sustainability-focussed US$25m dry bulk carrier financing
Watson Farley & Williams (“WFW”) has advised a leading financial services company regarding a US$25m financing to companies controlled by Union Maritime Limited secured on three dry bulk carriers with a focus on sustainability and, more specifically, the IMO’s aim to reduce international shipping’s carbon footprint through the recent adoption a new operational carbon intensity indicator.
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Florida Seeks to Void Order Permitting Cruises to Require Vaccinations
Florida’s battle with the cruise industry over limiting cruises to only passengers vaccinated against the COVID-19 virus is heating up again. Governor Ron DeSantis’ administration is seeking to vacate a preliminary injunction granted to Norwegian Cruise Line Holdings (NCLH) in August that permitted it to require proof of vaccination from passengers.
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Ince Promotes Two Maritime Solicitors to Partner In Dubai and Hong Kong
We are pleased to announce two new Partner promotions at Ince, which we believe will be of interest to you and your readers: Natalie Jensen in Dubai and Richard Oakley in Hong Kong.
Environment
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Shipping decarbonization weekly insights
September ends with an important milestone of the Panama Canal towards decarbonization. The Panama Canal and more than 150 other organizations across the maritime value chain signed an industry-led call for world leaders to commit to decarbonizing international shipping by 2050. The leaders are going to support industrial scale zero emission shipping projects through national action and deliver the policy measures that will make zero emission shipping the default choice by 2030.
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Shipping’s route to decarbonisation
The shipping industry is under pressure to decrease its carbon missions as part of the broader drive by global governments to address the risks posed by climate change.
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Hydrogen Fuels Could Enable Up to 80% Cut in Ship Emission by 2050
A rapid replacement of fossil fuels with renewable fuels based on green hydrogen along with advanced biofuels could enable to cut up to 80 percent of CO2 emissions by mid-century attributed to the international maritime sector. That is the assessment of a new report released by the International Renewable Energy Agency (IRENA), an intergovernmental agency focused on supporting countries in their transition to a sustainable energy future. By 2050,
Education
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PRRD gives nod to limited face-to-face class in...
After more than a year, maritime institutions have been given the go signal by President Duterte along with other schools to conduct limited face-to-face classes for qualified students of BS Marine Transportation (BSMT) and BS Marine Engineering (BSMarE) programs.
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Abu Dhabi’s ASPIRE Launches Over US$3 Million...
The Mohamed Bin Zayed International Robotics Challenge (MBZIRC) will be held in the UAE capital, Abu Dhabi, in June 2023, where tech innovators will participate to seek marine safety and security solutions to take home more than US$3 million in prize money.
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In-person academic year starts at the Arab...
The first semester of the academic year 2021/2022 has started at the Arab Academy for Science, Technology and Maritime Transport Sharjah Branch (AASTS) in Khorfakkan. This supports the Academy’s strategy to empower the Arab maritime sector with academically-and-professionally qualified personnel.
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The Arab Academy for Science, Technology and...
In line with its ongoing efforts to empower young Emiratis to work in the maritime sector, the Arab Academy for Science, Technology and Maritime Transport Sharjah Branch (AASTS) has signed a cooperation agreement with Zakher Marine International to train the Academy’s students on board its fleet. Zakher Marine is a leading marine services company based in Abu Dhabi and specialises in providing offshore support services. It has one of the biggest and most diverse fleets of marine support vessels in the UAE.
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The Arab Academy for Science, Technology and...
In line with its ongoing efforts to empower young Emiratis in the maritime sector, the Arab Academy for Science, Technology and Maritime Transport Branch in Sharjah (AASTS) has adopted the world's best simulation systems from Kongsberg, a prestigious international company that specialises in building and developing simulators. The state-of-the-art equipment will be used to train the Academy’s students to operate different marine vessels and ships, also giving them the experience of sailing in different weather conditions similar to ones encountered in real life.
Women in Maritime
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H.E. Eng. Hessa Al Malek recognised with the “Personality of the Year” honour at the OJME Offshore Achievements Awards 2021
H.E. Eng. Hessa Al Malek, Advisor to the Minister for Maritime Transport Affairs, The UAE Ministry of Energy and Infrastructure was awarded the “Personality of the Year” honour at OJME Offshore Achievements Awards 2021. The 6th edition of the awards that recognise influential names in the offshore rig business was held on October 10th, 2021 at the Address Hotel, Dubai.
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AD Ports Group and Aurora50 Partner to Empower Emirati Women
AD Ports Group, a leading facilitator of trade and logistics, has signed a new partnership agreement with Aurora50, a social enterprise focusing on achieving gender-balanced boardrooms in the UAE. Through the new partnership, AD Ports Group and Aurora50 aim to create a more inclusive and integrated workplace environment with a new purpose-driven programme, GLOW (Gain Leadership Opportunities for Women).
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Antonette Wemyss Gorman to be first female JDF Chief of Defence Staff
Commodore Antonette Wemyss Gorman is set to create history when she becomes the first woman to be appointed Chief of Defence Staff of the Jamaica Defence Force (JDF).
Techonology
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A bigger picture on autonomous ships
WORK to develop a regulatory framework within which autonomous ship technology can operate is well underway at the International Maritime Organization, with multiple submissions heard on the topic at the 104th session of the Maritime Safety Committee, October 4-8, 2021.
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Gladding-Hearn to Build Hybrid-electric CTV for Mayflower Wind
U.S. offshore wind farm developer Mayflower Wind announced Thursday that it has signed an agreement with Gladding-Hearn Shipbuilding/Duclos Corporation of Somerset, Mass. for the specification, design and manufacture of a Jones Act-compliant, hybrid battery diesel electric crew transfer vessel (CTV).
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A first for French ports: HAROPA PORT installs “Shore Tension®” to offer...
Ships regularly have difficulty in keeping securely alongside quay, a problem known as “surging”, which refers to back and forth movements by the ship along the terminal berth. Such movements are generally encountered when other vessels pass nearby.
Dredging
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Dredging underway at French Creek in Clayton
Work has started to remove thousands of cubic yards of sediment at French Creek Marina in Clayton.
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Dredging to start at Ocean Isle Beach in November
The U. S. Army Corps of Engineers (USACE) awarded a $6.67 million contract on September 27 to Norfolk Dredging Company for Coastal Storm Risk Management (CSRM) at Ocean Isle Beach.
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Top Dredging Firm Joins Project to Fight CO2 -...
The largest dredging company in America is joining forces with a research-driven initiative that wants to pull carbon out of the atmosphere using saltwater, wave action and sand - three ingredients that are very familiar to dredging operators.
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Port of Gothenburg: Dredge spoil disposal system...
In order to receive the world’s largest oceangoing vessels, the fairway leading into the Port of Gothenburg needs to be deepened by around four metres and six kilometres of fairway need to be dredged. Around 13.5 million cubic metres of spoils will need to be excavated and transported to a designated water area off the island of Vinga. An area which for many years has been used as a repository thanks to its depth and accumulative seabed.
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Dredging contract awarded to remedy high shoaling...
Army Corps of Engineers Wilmington District awarded a $3.8 million contract for maintenance dredging in the Atlantic Intracoastal Waterway in North Carolina.
LIFESTYLE
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How the UAE could be home to floating shopping...
Dubai-based Aqua Pod recently unveiled a mobile expanding fully self-sustained floating lounge and a marine e-commerce smart application – and has now set its sights on creating mobile floating shopping malls, residential communities and even cities.
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Soneva in Aqua launches new series of rare on-...
Soneva in Aqua, the ultra-luxury yacht that sails from the Soneva Fushi and Soneva Jani luxury eco-resorts in the Maldives, has launched a series of exciting new on-board experiences, both above and below the waves.
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Regent Seven Seas Relauches Luxury Cruising
Regent is restarting its vessel operations, resolving the logistical requirements to bring its crewmembers back to its ships, and implementing strong health and sanitation protocols to ensure guest safety - including a 100-percent vaccination standard for passengers and crew. Its smaller ships and very high space ratios put Regent in an excellent position as the restart moves forward, according to Montague.
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60 SUNREEF POWER: THE INTERIORS REVEALED
Sunreef Yachts proudly reveals the interior renders of the new 60 Sunreef Power.
OFFSHORE
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Maersk Drilling to Provide Rigs for Danish Carbon...
Danish drilling contactor Maersk Drilling has been selected as the preferred supplier of drilling rig services for the Greensand offshore carbon storage project offshore Denmark.
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TotalEnergies Drilling World's Deepest...
French oil major TotalEnergies has exercised an option for Maersk Drilling's drillship Maersk Voyager to drill the ultra-deepwater Ondjaba-1 exploration well in Angola’s Block 48.
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World's First: Wärtsila, Eidesvik to Equip...
Norwegian offshore vessel owner Eidesvik and Finland-based marine equipment manufacturer Wartsila are going to convert an offshore supply vessel (OSV) to operate with an ammonia-fuelled combustion engine with the required fuel supply and safety system.
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Van Oord Orders Giant WTIV for Booming Offshore...
Responding to the increasing global demand for offshore wind farms and the growth in the size of the installations, Dutch marine contractor Van Oord has ordered a new offshore installation vessel that will be the largest of its kind. Using emerging technologies, the jack-up vessel, which is expected to enter the market in 2024, can install up to 20 MW wind turbines while operating on methanol to maintain a very low CO2 footprint.
