Holland Shipyards Group announced it has delivered H2 Barge 2, the second hydrogen-powered vessel for Future Proof Shipping.The vessel has undergone a complete retrofit from traditional internal combustion technology to cutting-edge hydrogen fuel techn...
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Maersk to Spin Off Svitzer
Denmark's A.P. Moller-Maersk said on Thursday it will spin off its towage and marine services activities and plans to list the new company on the Nasdaq Copenhagen stock exchange.Maersk has sought to streamline its business in recent years,…
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DNV Updates ‘Go-To Standard’ for Offshore Energy Operations
DNV has published a substantial revision to the ‘go-to standard’, DNV-ST-N001, for the design and planning of marine operations for the transport, installation and removal of offshore wind farms, subsea cables and oil and gas assets.The new…
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Wärtsilä Books Ammonia Fuel System Order for Two Exmar Gas Carriers
Wärtsilä Gas Solutions, part of technology group Wärtsilä, will deliver the fuel supply system for Exmar’s two new medium size gas carriers that will operate with ammonia fuel.The ships are being built at the Hyundai Mipo Dockyards (HMD) in Korea for s...
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Shipbuilder Dakota Creek Industries Seeks Apprentices
Anacortes, Wash. shipbuilder Dakota Creek Industries announced it has opened the application process for its three-year paid apprenticeship program.Slated to begin on July 1, 2024, the formalized, structured program offers both on-the-job training…
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TAI Engineers Names Kalla Director of Production Design
Naval architecture and marine engineering firm TAI Engineers, owned by S&B, announced it has appointed Amer Kalla as director of production design, based in Houston."We are excited to have Amer Kalla join the TAI team. His wealth of experience…
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NYK Stolt Tankers Orders Six Chemical Tankers
NYK Stolt Tankers, a joint venture between NYK Line and Stolt Tankers, has placed an order with Nantong Xiangyu Shipyard in China to build six 38,000 deadweight tonne stainless steel chemical tankers for delivery between late 2026 and 2029.The…
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US, UK Ship Investors Hit by Soaring Red Sea Insurance
War underwriters have raised the premiums they charge to U.S., British and Israeli firms by as high as 50% for ships transiting the Red Sea and some providers are avoiding such business due to targeting of the vessels by Yemen's Houthis, sources…
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Edda Wind Names Øverlie CFO
Norwegian offshore wind vessel owner Edda Wind announced it has appointed Hermann Hovland Øverlie as its new chief financial officer (CFO) following the resignation of Tom Johan Austrheim. Øverlie will join Edda Wind March 1, 2024.Øverlie is…
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UK Supreme Court Piracy Ruling Gives Guidance on War Risk Provisions in Charterparties
In a well-timed decision given the current situation in the Red Sea and Gulf of Aden, the UK Supreme Court recently handed down judgment in Herculito Maritime Ltd v Gunvor International BV [2024] UKSC 2, a decision that arose from seizure of…
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