BIMCO Archives - Page 4 of 15

The vessels will be constructed at CSSC Hudong-Zhonghua Shipbuilding and are due for delivery by 2028.

Upon delivery, the vessels will be engaged mainly in transport of LNG procured by ENN under long-term purchases contract to China.

ENN is a leading privately owned energy company, which has an extensive customer base in more than 20 provinces in China. It supplies 10% of natural gas consumption in China and operates a large LNG terminal in Zhoushan, Zhejiang Province.

“The contract was concluded based on ENN’s high evaluation of MOL’s track record in the LNG carrier business for China, its extensive experience in building LNG carriers in China, and its performance in safe cargo transport and safe operation of vessels,” said MOL.

Source: https://www.seatrade-maritime.com/tankers/mol-signs-charter-chinese-partners-three-lng-carriers

Survitec’s Seahaven, the world’s largest inflatable lifeboat, is now ready to be installed on cruise vessels, having received full type approval certification from classification society Lloyd’s Register.

A Certificate of Type Approval was presented by Lloyd’s Register Chief Operations Officer Mark Darley to Mark Cotton, Survitec Sales Director, during the SMM trade fair, which is taking place this week, in Hamburg, Germany.

Certification follows the successful completion of heavy weather sea trials (HWST) in December, and all environmental and physical testing concluded in April as defined by Lloyd’s Register Type Approval (A.520).

Seahaven is unique in that it is the first lifeboat to have completed an exhaustive reliability testing programme that far exceeds the mandatory testing requirements set out by SOLAS.

“We are delighted to receive Lloyd’s Register Type Approval,” said Cotton. “The Certificate of Type Approval signifies all required regulatory testing has been successfully completed. Receiving this certificate is a significance achievement both for Survitec and the maritime industry at large.”

Certification not only confirms Seahaven is compliant with the International Maritime Organization’s stringent rules for the evacuation of cruise ship passengers and crew, but it offers industry an alternative to the traditional lifeboat arrangement.

The award-winning 1,060-capacity inflatable lifeboat solution takes all the safety features associated with a conventional lifeboat and MES arrangement. With the compact design and higher evacuation capability of Seahaven, up to 85% of cruise ship deck space is freed up yielding up to $8.4 million increased revenue per year for cruise operators.

Richard McCormick, AES and MES Product Manager at Survitec, said: “Commercially, the Seahaven journey is really just beginning. Since we officially launched this ground-breaking technology earlier this year, we have advanced our discussions with key industry players on the numerous benefits and the value of installing Seahaven onboard their vessels.”

“Seahaven not only redefines safety at sea but also revolutionises the vessel design and the cruise experience,” he said. “Cruise ship operators and naval architects are already looking at remodelling the space normally given to conventional lifeboats and davits for additional cabins, enhanced passenger experience and revenue generating opportunities.”

Mark Darley, Chief Operations Officer at Lloyd’s Register, said: “Survitec’s Seahaven inflatable lifeboat solution is a breakthrough in innovative space saving design and will present significant opportunities for cruise ship owners whilst prioritising safety at sea. Lloyd’s Register are extremely proud to award Type Approval Certification to Survitec for this design.”

Representatives from Survitec will be available to discuss in detail the space-saving safety attributes of Seahaven and other Survival Technology solutions on Stand 528, in Hall B of the SMM trade fair, which takes place this week at Hamburg Messe + Congress.

Source: https://www.seanews.co.uk/shipping-news/survitecs-seahaven-receives-lloyds-register-type-approval-certification/

Northern Xplorer has signed a letter of intent (LoI) with Portuguese shipbuilder West Sea for the construction its maiden vessel, said to be the world’s first zero-emission cruise ship.

West Sea intends to build the 250-passenger vessel at its facility in Viana do Costello north of Porto for expected delivery at the start of the 2025/2026 cruise season.

“As a shipbuilder focused on advanced vessels and high quality, we very much look forward to working together with Northern Xplorer. We’re proud to be taking a lead in building such an innovative and technology advanced vessel of a high standard that will have minimal impact on the environment,” said West Sea manager Vitor Figueiredo.

“This is a new milestone on our journey towards emission-free cruising. Having approached yards worldwide for tenders, we’re delighted to be embarking on this exciting project with West Sea. They are a modern, professional yard with a good track record. It’s great to be here at SMM for the signing alongside our technology partner, ABB, whose expertise has been key to developing the concept of this pioneering vessel,” said Rolf André Sandvik. founder and CEO of the recently established Norwegian cruise venture Northern Xplorer.

The vessel’s design features ABB’s fully electric propulsion system, including the battery and hydrogen fuel cell technology that will enable to it to sail emissions-free in the Norwegian fjords and further afield as the green shift takes root.

“We are very happy on behalf of Northern Xplorer, and it has been an honor to contribute with our expertise to this pioneering project aiming to prove the viability of eco-friendly cruise operations using zero-carbon fuel,” said Jorulf Nergard, Vice President Business Development, ABB Marine & Ports.

NX and ABB are currently in dialogue with multiple sub-suppliers for vessel systems. “We haven’t made any final decisions yet because we want to go with the newest technology as it becomes available. Where possible we also aim to select the most sustainable materials available in the market,” Sandvik said.

NX has worked closely with Oslo-based Affinity Offshore AS, who “have done a tremendous job in sourcing the right shipyard for such an innovative project”, Sandvik said. “Our financial partner Clarksons Securities AS will assist us as lead manager on the project, while I’d also like to thank our fantastic ship designer, Multi Maritime AS in Førde, who have worked persistently for three years with a design that is truly eye-catching. It is a vision for the future and will be a jewel to travel in.”

Oslo-based business law firm Grønvigh, Tjersland & Indrevær DA were central to creating the LoI’s legal framework. “As part of our mission to create optimal value for our clients, we are very pleased to be helping Northern Xplorer on their journey to developing the cruise industry of the future,” said partner Jonas Tjersland.

The LOI is an important step toward creating a new paradigm in the cruise industry and to meet Norway’s brave decision to ban fossil fuel-powered ships from its world-heritage fjords from 2026. “Discerning travelers want to cruise with a clean conscience, and with this ground-breaking green ship we aim to cater to that strong demand,” Sandvik said.

Sandvik previously commissioned the hybrid-electric sightseeing vessels Vision of the Fjords (built 2016) and Future of the Fjords (built 2018) in his former role as founder and CEO of tourism company The Fjords. Constructed by specialist Norwegian shipbuilder Brødrene Aa, both vessels won the ‘Ship of the Year’ award during maritime trade fair SMM in Hamburg in their respective delivery years. “That was an exciting project in its time and a world-first enabling pollution-free journeys in Norway’s UNESCO-listed Nærøyfjord. With NX we’re taking take things to the next level,” he said.

Source: https://www.marinelink.com/news/worlds-first-zeroemission-cruise-ship-499330

In the 40 days since July 22, when Russia and Ukraine signed a UN sponsored 120-day deal brokered by Turkey, 2.1 million tonnes of grain have been exported through the Ukrainian ports of Chornomorsk, Odesa and Yuzhne. After a slow start, around 0.5 million weekly tonnes of grains are now being exported, according to BIMCO, which says that, at this pace, monthly exports will surpass 2 million tonnes.

On September 7, however, Russian President Vladimir Putin raised concerns over how the deal has been working, saying that most shipments are headed towards the European Union and Turkey rather than the emerging economies in Africa it was designed to aid.

Russia has expressed an intent to renegotiate the deal and restrict grain exports to the EU. Now according to Reuters, Turkish President Tayyip Erdogan says he wants grain from Russia to be exported too, adding that Putin was right to complain that Ukraine grain was going to wealthy rather than poor countries.

IMPLICATIONS FOR SHIPPING

“In spite of limited exports so far, the grain agreement has helped cool down global food prices. These are now back to February levels according to FAO’s food price index. If Russia attempts to alter or stop the deal, this progress could be reversed,” says BIMCO’s chief shipping analyst, Niels Rasmussen.

In August, Ukraine showed interest in expanding the deal to include cargoes such as metals. In addition, the country expressed hope of opening the port of Mykolaiv under the deal, another key port for grain exports.

While a restriction of Ukraine grain exports to Europe could benefit bulk shipping through increased average haul, says BIMCO, a risk to loss in volumes remains. Crop spoilage remains a risk in Ukraine with storage at capacity and the ongoing maize harvest adding further pressure.

“Insecurity remains a factor among those shipping Ukrainian grain,” says Rasmussen. “The ships operating in Ukraine are on average six years older and 32.9% smaller than a year ago, reflecting risk aversion and higher insurance premiums on hull value. Russia’s dissatisfaction with the deal is likely to further hinder Ukrainian exports as decision makers remain hesitant to risk their assets.”

Source: https://www.marinelog.com/legal-safety/shipping/ukraine-grain-exports-grow-but-putin-isnt-happy-with-where-theyre-going/

Speaking at the launch of the DNV publication Maritime Forecast to 2050 at SMM in Hamburg, Chairman Global Shipping, Logistics & Offshore, Citi and Chairman Poseidon Principles, Michael Parker, said that increased regulatory demands will change the profile of the shipping industry to the detriment of smaller shipowners.

“The bigger transition will lead to more consolidation because of the whole scale of net zero and the technology required. There is no god-given right to be a shipower, whatever size you are. Many small shipping companies were big shipping companies at one point,” said Parker

The panel was focussed and the industry’s transition to zero carbon over the coming decades, an undertaking that will require huge amounts of capital and capacity for data gathering, reporting and analysis. All of that investment will inherently involve risk, said Parker.

“The financial sector is going to look for a return, and I’m afraid it’s not going to get a return ultimately from smaller shipowners; the economics of capital and investing are not going to work.”

Cargo owners and financiers alike will oush the industry to decarbonise as they begin to account for and report on their scope three emissions.

Parker gave one example of the changing relationship between cargo owners and shipowners: Cargill said in the past it was willing to pay upfront the investment in energy saving and emissions-cutting retrofits for smaller bulker owners if banks would lend to Cargill to finance the retrofit. The charterer’s size and offer of employment for the vessels helped to reduce risk to financiers, and both charterer and environment benefit from a more efficient vessel.

“I think that’s probably the future model; if you can show that through retrofit you will extend the life of the vessel and reduce emissions, money will be made available.”

Sveining Oftedal, Specialist Director, Norwegian Ministry of Climate and Environment, said: “There will always be operators in the lower end of the market. It is happening today and it will happen in the future, in all types of industries. We can’t change that, it’s how business is.”

Rolf Habben Jansen, CEO, Hapag-Lloyd and Co-Chairman of the World Shipping Council, said: “If you are a really innovative player focused on a certain niche you can create a scale in a smaller market, but looking at the deepsea market for container shipping, over time it is going to be more difficult for smaller players to survive.”

Source: https://www.seatrade-maritime.com/sustainability-green-technology/no-god-given-right-be-shipowner-michael-parker

One of the challenges for shipowners and operators in deciding on new technologies is often that they needed to be ordered without experiencing how they perform in real-life environments. Wärtsilä Voyage, part of the technology group Wärtsilä, unveiled at SMM in Hamburg a unique new solution, a demonstrator and innovation vessel that presents a platform to experience different technologies.

The 79-foot-long vessel named Ahti started her life as a German Government fishery patroller. She was chosen as a target for retrofit technology installations to prove what is already technologically possible for the current fleet, and to create a platform for further innovation and development. According to the company, she will profit a platform for trials that will be conducted in changeable real-life sea conditions which can be difficult and costly to recreate in a laboratory environment.

The creation of a floating R&D facility also helps Wärtsilä Voyage to cut down the cost and time barriers associated with real-life tests, returning meaningful results on a much lower risk and cost base than going into full-scale testing directly. Ahti also creates a first-party resource where customers and technology partners can collaborate. She will host partner technologies as well as those developed by Wärtsilä.

“Technology designed to solve the industry’s biggest challenges must be tested in situations that come as close as possible to real-life scenarios,” said Hendrik Bußhoff, Head of Product – Autonomous Systems, Wärtsilä Voyage during the preview of the new platform. “We understand that real world testing is costly and time-consuming. Trialing new equipment almost always means testing it on a customer ship which can often bring with it a lot of obligations and questions about documentation, schedules, data ownership, and compliance. This is why we invested in Ahti. We now have a resource that will shorten time-to-market, enable us to fail fast and innovate quicker, and compare and understand different technologies outside controlled environments.”

In the first half of 2022, Ahti’s bridge was upgraded with several products from Wärtsilä Voyage’s portfolio. The vessel has also been fitted with on-the-market partner technology products from OSCAR and Drynet. Soon, Wärtsilä Voyage will be installing SceneScan, SmartMove, Remote Control, and Satellite Connectivity onboard. With this expansive breadth of technology onboard, the company says Ahti has become a bridge to the highly automated, connected, situationally aware, and data-enabled future of the maritime industry.
Source: https://www.maritime-executive.com/article/vessel-becomes-unique-lab-and-demonstrator-for-new-technologies

Methanol is continuing to gain momentum as a leading option for the shipping industry to address decarbonization. Already adopted by an emerging group of shipping lines, two of China’s leading shipping companies are joining the effort focusing on methanol for their future fuel choice.

During a meeting discussing the industry’s energy transition, the chairmen of China Merchants and COSCO Shipping Bulk announced that their companies will focus on Methanol marine fuel as their primary area of research in the future. CMES chairman Xie Chunlin and Gu Jinsong, Chairman of COSCO Shipping Bulk made the comments in a meeting held in late August according to the Methanol Institute, during which the two reviewed the cooperation between their companies and exchanged views on the shipping industry’s low-carbon transformation.

The news that the Chinese companies plan to focus on methanol follows previously reported efforts by COSCO to develop shipping using the alternative fuel source. COSCO Shipping Energy Transportation and Dalian Shipbuilding Industry Company (DSIC) reported in February that they had received design approval for China’s first domestic methanol dual-fuel VLCC. The design calls for a 310,000 dwt VLCCs equipped with two methanol fuel tanks with a total of 10,000 m³, which would give the vessel range of 2,3000 nautical miles.

Previously, several government ministries have referenced low carbon and renewable methanol development from green hydrogen and methanol-fueled vessels as key enablers for the country’s policies to decarbonize the shipping industry noted Kai Zhao, Chief China Representative for The Methanol Institute. “That places methanol at an entry point on the transition curve where two leading Chinese companies can reduce GHG emissions and achieve carbon neutrality in the longer term.”

The Methanol Institute welcomed the comments made by the chairmen of China Merchants Energy Shipping and COSCO Shipping Bulk supporting methanol noting it is part of a growing trend for the alternative fuel. The attention coming from the China Merchants Group they noted is especially encouraging as the company is the second largest among non-financial shipowners worldwide with its fleet and pending newbuild orders totaling 315 ships equivalent to 44.6m dwt. COSCO Shipping Bulk operates a fleet comprising some 400 bulk carriers, equivalent to nearly 40m dwt.

“China is already a leader in production of renewable energy and the shift towards methanol long term is in step with its decarbonization ambitions,” says Chris Chatterton, Chief Operating Officer, The Methanol Institute. “The shipping industry can’t wait for fuels that may be decades away from approval and availability; shipowners need a place to start in making carbon savings and Methanol can provide that transition now.”

They noted that in the past year that Maersk, CMA-CGM, and X-Press feeders each placed orders or increased their commitments for methanol newbuild vessels. Companies including Waterfront Shipping, Stena/Proman, NYK, and MOL have also built methanol carriers that use a segregated portion of the cargo as fuel.

With more bulk shipowners exploring methanol as fuel, the Institute also highlights that this year has seen methanol/dual-fuel designs for bulk carriers and tankers coming to market. Main engine makers report full order books for new units and increasing interest in retrofits and conversions of existing engines.

According to data from DNV’s Alternative Fuel Insight, today less than one percent of the worldwide shipping fleet operates on methanol. They report that there are currently 62 ships either in operation or on order that use methanol out of a worldwide fleet of nearly 6,800 ships. Methanol is currently used mostly by oil and chemical tankers although the new orders came from container shipping.
Source: https://www.maritime-executive.com/article/cosco-and-china-merchants-exploring-methanol-fueled-ships

The Dubai Maritime City Authority (DMCA) at the Ports, Customs and Free Zone Corporation has endorsed its continued efforts in implementing a number of initiatives aimed at facilitating operations for yachts and local marinas, with the aim of enhancing Dubai’s position as a marine leisure hub.

Sheikh Saeed bin Ahmed bin Khalifa Al Maktoum, Executive Director of DMCA, said that the Authority is keen to adopt ambitious visions that contribute to raising Dubai’s ranking among the world’s leading maritime destinations by providing an integrated portfolio of services, legislation, and regulations.

Sheikh Saeed said that the initiatives recently launched by the DMCA are aiming to promote Dubai as a winter touristic destination during the next season, by providing a number of services and facilities for visiting foreign yachts, including exempting them from value-added tax (VAT), as well as exempting these yachts when shipped from the value of customs duties, currently set at 5%.

In addition to allowing visiting foreign yachts to anchor for a period of six months free of charge, DMCA is providing a short-term berthing service for all local and visiting boats and yachts within the territorial waters of the Emirate of Dubai.

Sheikh Saeed added, “The Dubai Maritime City Authority has implemented a number of other initiatives, above all is the availability of a self-inspection system for marine craft up to 12m in length when renewing the licence, in addition to leading a process to enhance the standards of existing and upcoming marinas, standardise best management practices and introduce a rating system for marinas in Dubai, in order to elevate their performance and competitiveness.”

He referred to the “Get Your Licence in Minutes” initiative launched by the Authority, which allows maritime companies to obtain all necessary permits as quickly as possible. This is based on the electronic transformation and automation of the marine licensing service. The Authority has also succeeded in reducing customer visits to the service centre to obtain marine craft licencing and driving licences by 100%, as well as facilitating and accelerating procedures through electronic linking with the UAE pass.

Sheikh Saeed said, “During the current year, DMCA is working on removing barriers to boat ownership and streamlining rules and regulations while maintaining high levels of operational safety and environmental protection, in addition to adhering to the integrated management system adopted by Ports, Customs and Free Zone Corporation which is designed to regulate, monitor, secure, develop and support sustainable infrastructure planning and developments.”

Source: http://wam.ae

Abu Dhabi National Oil Company (ADNOC) announced, today, that its first shipment of low-carbon ammonia has left the United Arab Emirates (UAE) bound for Hamburg, Germany. This is the first ever cargo of low-carbon ammonia to be shipped to Germany.The demonstration cargo will be delivered to Aurubis, a leading global provider of non-ferrous metals and one of the largest copper recyclers worldwide, that has its headquarters in Hamburg. On arrival in Germany, Hamburger Hafen und Logistik AG (HHLA), one of Europe’s leading logistics companies will handle the cargo.

Produced by Fertiglobe, a partnership between ADNOC and OCI, at its Fertil plant in Abu Dhabi’s Ruwais industrial complex, the demonstration cargo is the first of several test cargoes sold to customers in Germany as ADNOC expands its strategic energy partnership across the hydrogen value chain. The cargo follows a number of similar low-carbon ammonia sales that have been made to customers in Asia. Aurubis plans to utilize the low-carbon ammonia as a feedstock in its wire rod plant, testing its application as an additional, lower-carbon energy source for industial ulilization. The hydrogen it contains has the potential to be a low-carbon energy alternative for the energy-intensive processes in multi-metal production.

This is another important milestone in the planned scale-up of hydrogen and low-carbon ammonia production capabilities in Abu Dhabi, where ADNOC is developing a new world-scale 1 million tons per annum low-carbon ammonia plant at TA’ZIZ, the chemicals, industrial services and logistics hub in the Ruwais Industrial Complex.

His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology and ADNOC Managing Director and Group CEO, said: “This demonstration cargo of low-carbon ammonia builds upon the longstanding bilateral relationship between the UAE and Germany and our growing partnership in clean energy. It highlights ADNOC’s expanding role as a trusted exporter of low-carbon fuels, as the UAE focuses on the industrial growth opportunities within the energy transition.

“Our collaboration with customers in Germany also underlines ADNOC’s ambitious growth plans for the production of clean hydrogen, and its carrier fuels such as ammonia, which will play a critical role in decarbonizing hard-to-abate industrial sectors. We are committed to accelerating and deepening private and public sector collaboration in clean hydrogen projects that will reduce carbon emissions and the carbon intensity of the energy that supports our everyday lives.”

Roland Harings, CEO of Aurubis, said: “As the most efficient and sustainable smelter network in the world, Aurubis provides metals that are key for megatrends such as renewable energies, electric mobility and digitalization and hence for decarbonization. To guarantee stable processes at our sites, we are expanding our portfolio of reliable energy sources and thus investing in the decarbonization of our production at the same time. This first trial shipment of low-carbon ammonia from ADNOC represents an important milestone in our long-term vision for hydrogen solutions that will help meet our decarbonization goals.”

Angela Titzrath, CEO of HHLA, said: “With its experience in port handling and logistic of containerized dangerous goods, its vast network of seaport terminals, hinterland connections and intermodal hubs across Europe, HHLA is pleased to facilitate the import of hydrogen and its derivates to Germany and Europe as part of the strategic energy partnership.”

H.E. Michael Westhagemann, Hamburg Senator for Economy and Innovation, said: “I very much welcome the fact that our international and national partners in business and the port are leading the way with these real-world trials for decarbonizing industry. We need these real-world findings and commitment to support the ramp-up of a Green Hydrogen Economy. Hamburg as an industrial location and as a European distribution port is a blueprint for this transformation and is therefore also in the German focus.”

During the visit of H.E. Dr. Robert Habeck, Germany’s Vice Chancellor and Federal Minister for Economic Affairs and Climate Action to the UAE in March 2021, ADNOC signed agreements with a number of German companies to explore opportunities for collaboration in low-carbon and renewable hydrogen derivatives.

Building on its position as an early mover in the production of hydrogen, ADNOC plans to significantly grow its hydrogen production in support of the UAE’s ambition to supply up to 25% of imported hydrogen in key global markets. Germany’s national hydrogen strategy expects an import demand for clean hydrogen of approximately 3 million tons per annum (mtpa) by 2030 and up to 15 mtpa by 2050 when, according to research from the Hydrogen Council, hydrogen could meet up to 18% of the world’s energy demand.

Low-carbon ammonia is the most promising at-scale hydrogen carrier and potential clean fuel for a wide range of applications, including transportation, power generation and industrial, including steel, cement, and fertilizer production. It is made from nitrogen and clean hydrogen derived from natural gas feedstocks, with the carbon dioxide by-product from hydrogen production captured and stored.

Source: https://adnoc.ae

The Interlake Steamship Company held a christening ceremony in Cleveland on Thursday for its new vessel, Mark W. Barker, the first U.S.-flagged freighter built on the Great lakes in nearly four decades.

“This is truly a historic celebration for our company and for the United States maritime industry as we proudly christen the newest vessel to join the U.S. flag fleet on the Great Lakes and our first new build in 41 years,” said Mark W. Barker, President of The Interlake Steamship Company and the vessel’s namesake. “While this ship may bear my name, it is a testament to the innovation, skill and grit of our employees who have powered our industry and propelled our Company for more than 130 years.”

Built at Fincantieri Bay Shipbuilding in Sturgeon Bay, Wis, the 639-foot vessel was made from iron ore mined in Minnesota by Cleveland-Cliffs, and carried on U.S.-built, U.S.-crewed, and U.S.-owned Lakers to Cleveland-Cliffs’ Burns Harbor mill in Indiana. There the pellets were forged into steel plates and shipped to the Wisconsin shipyard.

“This American-made vessel is not only a veritable Great Lakes success story, it is a Cleveland ship, through and through,” said Chairman James R. Barker. “Designed to navigate the winding curves of the Cuyahoga River, built with Cleveland-Cliffs steel and coated with Sherwin-Williams paint, the M/V Mark W. Barker was most significantly built as part of a long-term partnership to move Lake Erie-mined salt for Cargill Inc.”

“We are thrilled to partner with The Interlake Steamship Company to connect Cargill’s customers with salt from the Great Lakes region,” said Sonya Roberts, president of Cargill’s salt business. “We are proud to be a part of the Cleveland community and communities across the country that rely on us to deliver products that protect lives and enhance commerce by keeping roads clear in the winter.”

U.S. Rep. Marcy Kaptur (OH-09) served as the keynote speaker at the ceremony that welcomed many federal, state and local dignitaries, as well as industry leaders. Referred to by many as the First Lady of Great Lakes shipping, Congresswoman Kaptur is the longest serving woman in congressional history. Kaptur is joined by U.S. Rep. Shontel Brown (OH-11) and Cleveland Mayor Justin Bibb, who will welcome the crowd to the outdoor Christening event being held next to FirstEnergy Stadium. The culmination of the ceremony will be when Christening Sponsor Megan L. November breaks the bottle of bubbly on the bow.

Great Lakes shipping, which supports nearly 150,000 jobs and represents $35 billion in economic impact, is the most efficient and environmentally responsible form of transportation. This ship will carry an average of 25,000 tons per trip, which is equal to the carrying capacity of 250 train cars, and 1,000 trucks. Notably, the M/V Mark W. Barker is the first ship on the Great Lakes with engines that meet EPA Tier 4 emissions standards.

“This new vessel not only brings with it additional cargo carrying capacity and capabilities, it is the most versatile in our fleet and strategically sized to navigate into nearly any port on the Great Lakes,” said Brendan P. O’Connor, Vice President of Marketing and Marine Traffic. “The M/V Mark W. Barker will give us unmatched ability for cargo operations and to carry unique project cargoes because of her square-shaped cargo holds, her larger hatch openings, reinforced cargo hatches which can support deck cargo, and a forward mounted unloading boom. She truly was designed to be a vessel for the future.”

The new River-Class, self-unloading bulk carrier is believed to be the first ship for U.S. Great Lakes service built on the Great Lakes since 1983. The Jones Act qualified vessel, measuring 639 feet in length, 78 feet in beam, 45 feet in moulded depth and 28,000 dead weight tons, the ship will transport raw materials such as salt, iron ore, and stone to support manufacturing throughout the Great Lakes region. The ship will also be capable of transporting specialty cargoes such as steel coils and windmill towers and blades. The ship is crewed with licensed officers represented by The Marine Engineers’ Beneficial Association (M.E.B.A.) and unlicensed crew represented by United Steelworkers Local 5000.

The Interlake Steamship Company, Fincantieri Bay Shipbuilding (FBS) and Bay Engineering jointly designed the bulk carrier, complete with advanced vessel and unloading system automation. Major partners for the project included: American Bureau of Shipping (ABS); Cleveland-Cliffs, Bay Engineering (BEI); EMD Engines; Caterpillar; EMS-Tech, Inc.; Lufkin (a GE Company), Sherwin-Williams, Kongsberg and MacGregor.

Source: https://www.marinelink.com/news/interlake-steamship-christens-first-new-499147

BIMCO Archives - Page 4 of 15 - SHIP IP LTD

MOL signs charter with Chinese partners for three LNG carriers

Survitec’s Seahaven Receives Lloyd’s Register Type Approval Certification

World’s First Zero-emission Cruise Ship Ordered

Ukraine grain exports grow, but Putin isn’t happy with where they’re going

IMPLICATIONS FOR SHIPPING

No god-given right to be a shipowner: Michael Parker

Vessel Becomes Unique Lab and Demonstrator for New Technologies

COSCO and China Merchants Exploring Methanol Fueled Ships

Dubai Maritime City Authority strengthens the emirate’s position as marine leisure hub

ADNOC Sends First Low-Carbon Ammonia Shipment from the UAE to Germany

Interlake Steamship Christens First New US-flagged Laker in Nearly 40 Years

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