Wednesday, December 08, 2021
MORE TOP STORIES
Chinese bulker washed ashore in storm

Video: Chinese Bulker Washed Up in Russian Town During Storm

By The Maritime Executive 12-07-2021 06:56:26

A Chinese-owned bulker caused a stir in the Russian seaport of Kholmsk on Sakhalin Island in the northern Sea of Japan. Residents ventured out walking about the town's main boulevard on the oceanfront to take pictures and videos of the Xing Yuan, which washed ashore during a storm. The Xing Yuan, a 5,369 dwt vessel registered in Sierra Leone, transports aggregates. The vessel had arrived from Japan in ballast and was at the port when a storm approached. The captain...

Continue Reading...
crowley

Crowley Plans to Bring All Value-Chain Emissions to Net Zero by 2050

By The Maritime Executive 12-07-2021 06:43:00

Crowley Maritime, one of the largest Jones Act vessel operators, has committed to achieving full net-zero emission operations by 2050 - including emissions from its own operations (Scope 1) and emissions from its counterparties (Scope 2 and 3).  Crowley says that reaching this target will take an emissions cut of 4.2 million metric tons of greenhouse gas per year - the equivalent of removing more than 900,000 cars from the road. “Crowley is on a mission to become the most...

Continue Reading...
record late season convoy on North Sea Route

Convoy Completes Historic Late Season NSR Transit in Heavy Ice

By The Maritime Executive 12-07-2021 06:14:36

Russian officials reported that with the assistance of icebreakers, a historic convoy of vessels has completed a voyage across the North Sea Route. Rosatom, which oversees incebreaker operations on the route, reported that it marks the first time in the history of Arctic shipping that a convoy of eight ships passed east to west at this time of the year. As a result, they are reporting that there are now no vessels on the NSR in need of urgent icebreaker...

Continue Reading...
power transfer vessel to expand use of offshore wind power generation

Imabari Shipbuilding to Develop Automated Power Transfer Vessel

By The Maritime Executive 12-07-2021 04:45:03

Japan’s Imabari Shipbuilding Company is investing in a Japanese startup company PowerX and will join the efforts to develop a revolutionary power transfer vessel. PowerX first unveiled last summer its designs for an automated trimaran that would shuttle power between offshore generation sites and the power grid to increase the supply and utilization of renewable energy. The company plans to build its prototype by the end of 2025. One of the challenges for offshore wind farms is the power transfer...

Continue Reading...
MORE STORIES BY CATEGORY

Offshore

prelude FLNG

Shell's Prelude FLNG Shuts Down Due to Electrical Fire

Shell's Prelude LNG, the largest floating plant for natural gas liquefaction in the world, has been partially evacuated due to the impact of an electrical fire.  At about 2300 hours local time on Thursday, a fire started in an electrical compartment aboard Prelude LNG, a massive $12-billion-plus offshore liquefaction plant located about 200 nm off the coast of Western Australia.  Prelude's fire systems detected the blaze and brought under control. However, the facility lost power shortly after the fire broke...

Continue Reading...

Shipbuilding

CSSC meets delivery target remaining world's largest shipbuilder

CSSC Meets 2021 Delivery Goal and Maintains Industry Leadership

China State Shipbuilding Corporation reported with the delivery of two new ships on December 1, it has fulfilled its annual delivery target for 2021 a month ahead of schedule. The company has reaffirmed its position as the world’s largest shipbuilder while China also reports strong growth in its orderbook to maintain the current momentum in future years. During 2021, China State Shipbuilding (CSSC) reports it delivered a total of 194 vessels of all sizes for the international and domestic markets....

Continue Reading...

Training

VR Bridge training

Remote Maritime Training on a ‘Virtual’ Bridge is Here

Kilo Solutions Limited have developed a Virtual Reality Navigational Bridge to help train and develop mariners in Bridge Resource Management and Rules of the Road at Sea. “Responding to the challenges of our time, the maritime sector has been seeking transformational options for training their people within experiential environments that offer scalability, portability, and affordability,” says Andy Parkin, Managing Director of Kilo. “The maritime sector is looking for tools to remotely develop and maintain critical skills and operational standards relevant...

Continue Reading...

Business

record profits for container lines in 2021

Alphaliner Forecasts Record $120B in Profits for Container Carriers

The large carriers have consistently been talking about the extraordinary market which was helping to drive them to record results in 2021. Now, market analysts Alphaliner are quantifying just how extraordinary the year has been predicting skyrocketing record results that could see the 10 leading container carriers produce as much as $120 billion in EBIT (earnings before interest and taxes) profits.  The third quarter results recently announced by the largest publicly traded carriers served to highlight the strength of the...

Continue Reading...