Michael Hansen, Executive Vice President Energy & Infrastructure at Danish coatings manufacturer Hempel A/S, will succeed Lars Petersson as CEO of the company on October 15, 2022. Petersson leaves Hempel to take up the position of CEO of VELUX…
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Zim Inks $1 Billion LNG Bunkering Deal with Shell
ZIM Integrated Shipping Services Ltd. on Wednesday announced it has signed a liquefied natural gas (LNG) bunkering deal valued at more than $1 billion with Shell NA LNG, LLC as the Israeli container shipping seeks to reduce emissions from its…
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Cuba Seeks More Electricity Supply from Turkish Powerships
Cuba, mired in an energy crisis that has brought frequent blackouts, is negotiating with a Turkish company to have it double the megawatts it currently produces for the country from shipboard generators just offshore, according to two people…
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Kongsberg’s Thrusters, Technology Suite for Olympic CSOV Duo
Norway's Kongsberg Maritime has signed a contract with Norwegian vessel operator Olympic to outfit two new Construction Service Operation Vessels with a technology suite. The contract is worth around NOK 64 million (around $6,4 million).Two…
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KNOT Takes Delivery of Dual-Fuel Shuttle Tanker. Charter Secured with Eni
Knutsen NYK Offshore Tankers (KNOT), an affiliate of NYK, has taken delivery of a dual-fuel LNG shuttle tanker built at Daewoo Shipbuilding & Marine Engineering yard in South Korea.
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Maritime Data Usage Soars, Inmarsat Says
Data usage on commercial maritime vessels has jumped more than threefold since 2019, according to new communications analysis by maritime comms specialist Inmarsat.Inmarsat said the study results underline the shipping industry’s reliance on…
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Solstad Offshore Nabs New Contracts for CSV Quartet
Norwegian offshore vessel owner Solstad Offshore has secured four new contracts for its subsea construction vessels (CSV). The contracts have a combined firm vessel utilization of 410 days, with additional subsequent options, on projects in North Europ...
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US Coast Guard Vessel Blocked from Bunkering in Solomon Islands
A United States Coast Guard vessel was unable to enter Solomon Islands for a routine port call because the Solomon Islands government did not respond to a request for it to refuel and provision, a U.S. official said.The islands' government did not imme...
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Iran Caught Trying to Capture US Navy Sea Drone
The U.S. Navy said it thwarted an Iranian attempt to capture one if its unmanned surface vessels (USV) in the Arabian Gulf.While transiting international waters around 11 p.m. (local time), Aug. 29, U.S. 5th Fleet observed Iran’s Islamic Revolutionary…...
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Baltic Dry Index Extends Dip
The Baltic Exchange's main sea freight index fell for a fourth straight session on Tuesday as weakness in Chinese steel consumption took a toll on capesize demand, while rates for other vessel segments also retreated.The overall index, which factors in...
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