1. CSM Energy and Hydrus Engineering join forces to make OSVs greener
Making ships that service the offshore wind sector greener and more eco-friendly is the catalyst for the cooperation between maritime company CSM Energy and technical consultant Hydrus Engineering. CSM Energy (member of the Columbia Group) and global engineering firm Hydrus will assess and retrofit offshore support vessels (OSV) involved in offshore installations and operations, turning them into hybrid ships powered by battery and fuel. https://cyprusshippingnews.com/2021/07/28/csm-energy-and-hydrus-engineering-join-forces-to-make-osvs-greener/
2. Yang Ming takes delivery of one more 11,000 TEU ship to upgrade Trans-Pacific service
Yang Ming will add one new 11,000 TEU container vessel, âYM Travelâ on 27th July, 2021, according to the companyâs release. The vessel chartered from Shoei Kisen Kaisha, Ltd. and built by Imabari Shipbuilding Co., Ltd. was named at a ceremony held at Imabari Hiroshima Shipyard. Yang Mingâs attendees joined the ceremony remotely at their Taipei office. Mrs. Chen, Shi-Kuan, Chairman of SinoPac Holdings, had the honor to officially name the ship during the ceremony and wish the ship and its crew the best of luck on their future voyages. https://cyprusshippingnews.com/2021/07/28/yang-ming-takes-delivery-of-one-more-11000-teu-ship-to-upgrade-trans-pacific-service/
3. Seven entities interested in investing in Port of Gdansk
15 July 2021 was the final date for accepting submissions from companies interested in investing in Port GdaĆski Eksploatacja S.A. It is the largest universal reloading operator, operating on the quays of the inner part of the Port of GdaĆsk, and the fourth operator in terms of reloading operations in the entire port area. Seven companies expressed their interest in investing in the company. They include domestic entities, entities based in the European Union, and entities from outside of the European Economic Area. The next stage of the procedure is the review and evaluation of the submissions. https://cyprusshippingnews.com/2021/07/28/seven-entities-interested-in-investing-in-port-of-gdansk/
4. KPI OceanConnect launches future fuels division
KPI OceanConnect today announced the launch of its Alternative Fuels and Special Projects division to enhance its counterpartsâ ability to achieve their sustainability ambitions. Bill Wakeling, an expert in marine fuels, will lead the new offering. As pressure intensifies for the shipping industry to become more sustainable, KPI OceanConnect, a leading global broker and trader in marine fuels for more than 50 years, has launched a new division that will capitalise on its experience and expertise to enable its clients to achieve net-zero emissions from their marine fuels. https://cyprusshippingnews.com/2021/07/28/kpi-oceanconnect-launches-future-fuels-division/
5. Baltic index ends four-day winning streak on capesize, panamax drop
The Baltic Exchangeâs main sea freight index snapped four sessions of gains on Tuesday due to lower rates in the capesize and panamax vessel segments. The index, which factors in rates for capesize, panamax and supramax shipping vessels carrying dry bulk commodities, dropped 44 points, or 1.4%, to 3,166. The capesize index lost 106 points, or 2.7%, to 3,844, its lowest since July 22. https://www.hellenicshippingnews.com/baltic-index-ends-four-day-winning-streak-on-capesize-panamax-drop/
6. Celebrating the Legacy and Future of the Panama Canalâs Green Connection Environmental Program
Today, the Panama Canal presented the MSC Virgo, a containership with a Total TEU Allowance (TTA) of 15,746, with a Green Connection Award during its maiden voyage through the waterway, in recognition of its high environmental standards. In addition, the vessel was applauded for choosing the most emissions-efficient route when traveling from Europe to the West Coast of South America. The decision to navigate via the Panama Canal allowed the MSC Virgo to save more than 4,500 tons of CO2. https://www.hellenicshippingnews.com/celebrating-the-legacy-and-future-of-the-panama-canals-green-connection-environmental-program/
7. World-First Order for Methanol Engine within Container Segment
MAN Energy Solutions has won the order to supply the worldâs first, low-speed, dual-fuel engine to run on methanol within the container segment. Hyundai (HMD) will construct the 2,100-teu vessel in Korea for A.P. MĂžller â Maersk, the global integrator of container logistics, while HHI-EMD, which has already experience with LGIM engines (8 engines in operation and 12 engines under construction for methanol carriers), will build the MAN B&W 6G50ME-LGIM (-Liquid Gas Injection Methanol) type â also in Korea. The engine will be Tier III-compliant. https://www.hellenicshippingnews.com/world-first-order-for-methanol-engine-within-container-segment/
8. Over 100 wind farm installation vessels needed in next decade
VesselsValue quoted World Energy Reports that an estimated more than 100 wind farm installation and maintenance vessels would be required over the next decade to meet the demand for new offshore projects planned over the next decade. This demand is expected to be met largely by newly constructed vessels and retro-fits of existing offshore supply vessels. It was noted the existing fleet would largely become obsolete by 2025 due to the growing size of installations. However, smaller, existing vessels could make their way to the fast growing Chinese market. https://www.seatrade-maritime.com/offshore/over-100-wind-farm-installation-vessels-needed-next-decade
9. Moving Forward with Emissions – Is it Tiers, Tears or Fears?
As International Maritime Organization (IMO) and U.S. Environmental Protection Agency (EPA) emissions requirements continue throughout the IMO Emission Control Areas (ECA), they are also forcing postponement of many new construction decisions as vessel owners and operators continue to tread cautiously along the path forward. The Marpol Annex VI program looked to correct emissions requirements while working with petroleum fuels.
https://www.marinelink.com/news/moving-forward-emissions-tiers-tears-489475
10. Inmarsat Puts Crew Welfare And Digitalisation Issues Centre Stage At London International Shipping Week
Inmarsat, the world leader in global, mobile satellite communications, has released details of its programme for London International Shipping Week 2021, the biennial week-long global shipping and maritime event in London, United Kingdom from 13 to 17 September, 2021. With in-person events returning to the maritime calendar, Inmarsatâs LISW2021 agenda is headed by the welfare needs of seafarers in the digital age and the role of disruptive technology, at sessions scheduled for Inmarsat headquarters at 99 City Road, London on Monday 13 September 2021 and Tuesday 14 September. Additional guests will also be welcomed online. https://www.shippingtribune.com/news/shipping/Inmarsat+Puts+Crew+Welfare+And+Digitalisation+Issues+Centre+Stage+At+London+International+Shipping+Week