Maritime News

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Safety nod for Spirit Energy to use Leiv Eiriksson rig in Barents Sea

Posted On: 29-04-2020

Oil and gas company Spirit Energy has received consent from the Norwegian offshore safety body, the Petroleum Safety Authority (PSA), for exploration drilling in the Barents Sea using the Leiv Eiriksson drilling rig. The PSA said on Wednesday that the consent applied to the exploration drilling of one well in block 7321/8 in production license 719. Acco..readmore

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France greenlights 8.75 GW offshore wind target

Posted On: 24-04-2020

France will put up to 8.75 GW of offshore wind capacity out to tender from 2020 to 2028,the Multiannual Energy Programme (Programmation pluriannuelle de l’énergie (PPE)) shows. The new PPE has entered into force on Thursday, 23 April. As proposed earlier, the PPE also increases the intended operating offshore wind capacity from between 4.7GW and 5.2GW by ..readmore

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Tankers, gas carriers boost Milaha’s bottom line

Posted On: 24-04-2020

Qatari maritime group Qatar Navigation (Milaha) Q.P.S.C. closed the first quarter of this year with a slight increase in its net income, driven by higher earnings of the company’s tanker and gas carrier business. Milaha’s net profit rose by 1.8 per cent to QAR 283 million (around USD 78 million) in the first three months..readmore

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Webinar on ocean energy progress in Europe

Posted On: 21-04-2020

ETIP Ocean and OceanSET are hosting a webinar on 7 May 2020 to provide an update on the ocean energy sector. The OceanSET project provides support to ocean energy implementation in order to achieve the SET Plan targets. It also helps to paint a clear picture of the ocean energy sector’s development across Europe. As a result, this webinar will deliver an update, based on rece..readmore

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Wärtsilä’s scrubber order intake takes a hit as fuel price spread narrows

Posted On: 21-04-2020

The Finnish technology group Wärtsilä has reported a 12 percent order intake fall during the first quarter of 2020 as a result of the measures aimed at curbing the spread of the COVID-19 pandemic. The order intake was worth EUR 1.2 billion when compared to EUR 1.4 billionin the same period last year, while the order book at the end of the quarter stood at ..readmore

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Windpark Fryslân transformer station starts taking shape

Posted On: 15-04-2020

The transformer station of the Windpark Fryslân nearshore wind project has started taking shape at Breezanddijk in the Netherlands. According to the project developer, work is being done on the 382.7 MW wind farm despite the coronavirus situation. Located south of the Afsluitdijk and some six kilometers off the..readmore

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Gasum, Deltamarin, Wärtsilä partner up on cleaner shipping

Posted On: 15-04-2020

The Nordic energy company Gasum has joined forces with ship design company Deltamarin and the Finnish technology group Wärtsilä to cut emissions in the maritime transport. These emissions are caused by ship fuels, but also to some extent by the type and design of the engine. SOx and PM emissions are also influenced also by the relat..readmore

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US sets up $38M funding for hydrokinetic turbine buildout

Posted On: 13-04-2020

The US Department of Energy has dedicated up to $38 million in funding for a new Advanced Research Projects Agency-Energy (ARPA-E) program, submarine hydrokinetic and riverine kilo-megawatt systems (SHARKS). The program seeks to design economically attractive hydrokinetic turbines (HKT) for tidal and ri..readmore

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TKF details Kaskasi contract

Posted On: 13-04-2020

Dutch cable manufacturer Twentsche Kabel Fabriek (TKF) has revealed further details about the company’s scope of work on the 342 MW Kaskasi offshore wind project. As reported earlier, Seaway 7 awarded TKF with a contract to deliver 33 kV inter-array cables for the wind farm. Under the contract, TKF will manufacture and deliver 52 kilome..readmore

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US OFFSHORE WIND 2020

Posted On: 13-04-2020

US Offshore Wind 2020 (USOW20) is an event for companies that are exploring to invest,want to discover new partners or try to acquire contracts in expected US offshore wind projects. This is the fifth year USOW20 will be organized. New Energy Update and Reuters Events are organising US Offshore Wind. At this event the visitors have the opportunities to contact ..readmore

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Drewry: Low-Sulphur Fuel to Cost 30% More Than the Current Fuel

Posted On: 06-04-2020

Early indications of prices for low-sulphur fuel oil 0.5% compliant with the IMO 2020 rule showed that the new fuel costs about 30% more than the current, high-sulphur IFO380 fuel at Asian ports which have started selling it. According to shipping consultancy Drewry, the price is based on actual bunkering transactions for shi..readmore

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IMO 2020: Hapag-Lloyd Implements New Charge to Cope with Additional Costs

Posted On: 06-04-2020

German shipping major Hapag-Lloyd has revealed plans to introduce an IMO 2020 Transition Charge (ITC) for short-term contracts as of December 1, 2019. As explained, the move comes in an effort for the company to mitigate fuel price volatility and transitional operational expenses. The introduction of the International Maritime Orga..readmore

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DHT Holdings Inks Charters for 6 VLCCs

Posted On: 02-04-2020

Crude oil tanker company DHT Holdings has secured time charters for six of its very large crude carriers (VLCCs). All six ships have contracts with firm periods of 12 months at an average fixed daily hire of USD 67,300 per day with prompt delivery. The VLCCs in question include DHT Lake, DHT Raven, DHT Scandinavia, D..readmore

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IRClass: 1st Ship Classed under Lebanese Flag

Posted On: 02-04-2020

Ship classification society Indian Register of Shipping (IRClass) has classed its first vessel under the Lebanese flag. Named Jouri, the ship was converted from a vehicle carrier to a livestock carrier under the survey of IRClass which included structural modification, plan approval and reapproval of stability conditions. Jouri..readmore

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Emergency USD 1.23 Mln Fund to Support Seafarers Impacted by Covid-19

Posted On: 31-03-2020

A UK-based charity the ITF Seafarers’ Trust (ITFST) is launching a USD 1.23 million (GBP 1 million) emergency fund to address the impact of the global pandemic on seafarers and their families. Seafarers are being retained on vessels after sign-off, left ashore in foreign countries unable to return to their families, and dep..readmore

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Crew Members of Maersk Boxship Test Positive for Covid-19

Posted On: 31-03-2020

Five crew members of a Maersk owned and operated containership docked in Ningbo, China, have tested positive for coronavirus. Maersk spokesperson told our publication that the tests from a total of seven seafarers evacuated from the ship last week came in yesterday, March 30. To remind, the seafarers on board the Danish-flagged containership ..readmore

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Meyer Werft: Impact of Coronavirus on New Cruise Ship Orders to Be Immense

Posted On: 27-03-2020

Apart from the ongoing health crisis caused by COVID-19, the cruise industry is currently also faced with an economic crisis. The entire industry and especially the cruise shipbuilding is now in a completely different situation than just a few weeks ago. Meyer Werft, one of the largest shipbuilders in the world which is based in Papenburg, Germany, is also feeling significant effects amid the cor..readmore

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Maersk Gjertrud Seafarers Suspected of Having Coronavirus

Posted On: 27-03-2020

A number of seafarers on board the containership Gjertrud Maersk, owned by the world’s largest shipping company Maersk, have been evacuated from the ship and taken to a hospital for treatment after experiencing symptoms linked to Covid-19. The seafarers started showing symptoms on March 23 and were immediately isolated on t..readmore

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Unifeeder Takes Majority Stake in The Feedertech Group

Posted On: 25-03-2020

Short-sea operator Unifeeder has acquired a 77% stake in The Feedertech Group,a Singapore-based feeder and shortsea operator the company announced. As informed,the remaining 23% shareholding in the group will be retained by the group’s Chairman, Ali Maghami. Established in 2003, the group operates two companies; ..readmore

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DFDS Adds Another Firm to Its Logistics Portfolio

Posted On: 25-03-2020

In an effort to further expand its European logistics network, Danish ferry and logistics company DFDS has acquired 100% of the share capital of the Finnish logistics company Freeco Logistics. The transaction was closed on December 19, 2019, and Freeco Logistics will be consolidated in the DFDS Group. “Freeco Logistics is a fast-growing Finnish provider of transport services that..readmore


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