t Xpress and Fleet Data to support IoT-based fuel monitoring and management, installed in Japan at a moment when engine service attendance was not possible,” he said. “The charterer effectively pays a fixed monthly tariff for the data needed to cut its monthly fuel bill,” Mr Toh continued.

“Fleet Data provides the bridge between engine data acquisition and Nautilus Labs analytics without additional hardware, at minimal capital expenditure for the owner,” he added.

Nautilus Labs chief executive Matt Heider said this project is a good example of collaboration in the shipping industry.

“Nautilus Platform enables Diamond Bulk Carriers and Mitsubishi Ore Transport to strengthen their partnership for fleet performance,” said Mr Heider. “Our interoperable solution integrates with Inmarsat’s data transmission to provide predictive insights and a decision support tool,” he added.

“With more and more regulations coming up, these companies set themselves up for success by optimising fleet efficiency to reduce emissions and outperform in the market.”

 

SOURCE READ THE FULL ARTICLE

https://www.rivieramm.com/news-content-hub/diamond-and-mitsubishi-invest-in-data-connectivity-for-ship-optimisation-66080


SOURCE READ THE FULL ARTICLE
https://www.rivieramm.com/news-content-hub/coastal-states-should-take-responsibility-during-salvage-66083

Saitec sees the GEROA project as an intermediate step towards constructing large-scale commercial projects in Spanish waters

Saitec sees the GEROA project as an intermediate step towards constructing large-scale commercial projects in Spanish waters

High efficiency marine cooling

www.MaritimeCyprus.com) This infographic can help EHS professionals and workers understand the biggest threats to worker safety, offers background on the current state of the industry and lists the most cited OSHA standards related to the industry.

The oil and gas industry, potentially one of the most hazardous industry sectors in the world, has one of the most thorough safety programs. The combination of powerful equipment, flammable chemicals and processes that are under high pressure can lead to hazardous and even deadly incidents. That’s why it’s essential for safety managers and supervisors to identify and communicate recommended safety controls and hazards that exist on each work site before work begins.
SOURCE READ THE FULL ARTICLE https://maritimecyprus.com/2021/05/29/maritime-infographic-safety-practices-in-the-oil-and-gas-industry/

andrey-sharpilo-tugs_assist_CMA_container_ship_in_Rotterdam-_Main.jpg

With greater public pressure to cut maritime and port emissions, the European Commission has launched its EU sustainable finance package, enabling tug-related companies and others across the maritime logistics sector to apply for funding to apply green technologies.

Tug owners can use this finance to purchase and operate vessels that comply with specific emissions limits to help EU economies reach the EU’s 2050 decarbonisation goals. Funding may be applied to tugs with hybrid propulsion, batteries and IMO Tier III emissions compliance or by ports introducing emissions reduction technologies.

The main package’s measures are the EU Taxonomy Climate Delegated Act and the Corporate Sustainability Reporting Directive proposal. The Taxonomy Climate Delegated Act complements the Taxonomy Regulation, outlining a set of technical criteria which establishes the economic activities that most contribute to meeting the EU’s environmental objectives.

The criteria must be science-based, technology neutral and ensure the broadest possible range of critical infrastructure is adopted to limit climate change. The EC has committed to regularly update this document and make the necessary clarifications to ensure the highest degree of legal coherence.

The EU Taxonomy’s objective is to provide incentives and legal clarity to investors financing green and transition projects, encouraging companies to develop or implement new projects that are qualified as green.

The Delegated Act will be formally adopted at the end of May and will apply from 1 January 2022.

The EC’s Corporate Sustainability Reporting Directive proposal is a legal initiative extending the obligation of presenting sustainability reports to all companies with more than 500 workers, and all companies, including those involved in maritime, listed on regulated markets.

In Q2 2021, the European Council and Parliament reached an agreement on EU climate law, which sets into law the goal of a climate-neutral EU by 2050. It also sets an objective to collectively reduce net greenhouse-gas emissions to at least 55% by 2030 compared with 1990 levels.

European institutions have agreed on a series of new decisions that complement the EU Commission’s legislative proposal, for example establishing a European scientific advisory board on climate change.

This board will be tasked with providing scientific advice and reporting on EU measures, climate targets and indicative greenhouse-gas budgets and their coherence with the European climate law and the EU’s international commitments under the Paris Agreement.

The EC has agreed to propose an intermediate climate target for 2040 and set an aspirational goal for the EU to achieve negative emissions after 2050.

In another environmental move, the EU Parliament’s plenary adopted a resolution regarding technical and operational measures for more efficient and cleaner maritime transport.

This document outlined the EU parliament’s position concerning the shipping sector´s decarbonisation debates. It proposes a series of goals and actions the EU Commission and Council can take into consideration when defining the next strategies and policies affecting the maritime transportation industry.

This resolution outlines a series of policy initiatives to achieve the transition towards zero-emissions waterborne transport by 2050 including establishing clean energy incentive schemes that consider the role of transitional technologies.

The resolution also calls on the EU Commission to draw up a strategy on zero-emissions ports and to promote a modal shift towards shortsea shipping.

In the UK, the government announced shipping emissions would be included in its carbon budget for the first time. This sixth carbon budget will limit the amount of greenhouse gases emitted from 2033 to 2037. The new targets are expected to be approved by the UK Parliament in June 2021.

Maritime logistics supply chain disruption

Meanwhile, the European Tugowners Association (ETA) has partnered with eight other European logistics associations calling on the EC to investigate the practices of container carriers over the last year. If their request is successful, the EC will review how shipping lines’ practices have disrupted maritime logistics supply chains.

ETA says these changing practices have “generated an all-time low schedule reliability, which has been creating congestion and other issues in many port operations.”

For example, changes in practices have led to allocating capacity and hauling containers back to Asia empty to collect better freight rates for import freight.

“These types of practices have provoked worsening levels of capacity availability and service quality, affecting the whole logistics chain,” says ETA in its latest newsletter. This impacts shippers, forwarders, barge and inland terminal operators and port service providers.

The letter highlights the Consortia Block Exemption Regulation (CBER), which ETA says has failed to prevent disruption in the maritime logistics and hinterland logistics chain.

CBER is an exemption that container shippers have to European competition rules banning company consortia and collective negotiation.

ETA says this “extension to CBER has not achieved the results expected when the application of this legislation was renewed last year”.

The nine associations state that customers have “not benefited from the extension of the CBER in view of the evolution of the freight rates and the simultaneous fall-back in frequency, reliability and connectivity”.

They have therefore asked the EC for a factual inquiry about developments during 2020 and Q1 2021 to establish the real causes of the disruption in the maritime logistics and hinterland logistics chain.

 

Source: rivieramm


Defense, engineering and IT conglomerate Leidos announced on Friday it has completed its $380 million cash acquisition of marine engineering and naval architecture firm Gibbs & Cox.

The deal, announced in February, will see Gibbs & Cox operate as a wholly-owned subsidiary combined with Leidos’ maritime systems division.

Headquartered in Arlington, Va., Gibbs & Cox is the largest independent ship design firm focused on naval architecture and marine engineering. The acquisition positions Leidos to provide a broad set of engineering solutions to the U.S. Navy and to an expanding set of foreign Navies.

Leidos chairman and CEO Roger Krone said, “Gibbs & Cox is widely regarded for developing the most talented and experienced naval designers in the world. We look forward to this new era of innovation while combining the best of both companies.”

Gibbs & Cox president and chief executive Chris Deegan said, “Gibbs & Cox will remain the nation’s largest independent provider of maritime services. The combination of our world-class naval architecture, design and engineering services with Leidos’ speed, security and scale will significantly enhance our combined offerings in the fast growing maritime undersea, autonomous and cyber security segments.”

 

Source: marinelink


Singapore-based Sembcorp Marine expects losses to continue this year as it faces headwinds from COVID-19 and a shortage of skilled workers.

Sembcorp Marine provided the outlook in an interim business update for the first quarter of 2021 released Monday, which also provided an update on the continuing impact of the COVID-19 pandemic.

“The Group continues to face COVID-19 supply chain constraints and a shortage of skilled workers. Foreign workers who left Singapore over the past year were unable to return due to ongoing border controls in countries such as India and Bangladesh. Singapore’s improving economy has also led to increased competition for foreign labor already here, resulting in labor attrition to competing industries. The shortage of skilled workers has impacted the execution and scheduled completion of some of our projects,” the update said.

Sembcorp Marine said that coordinating and rescheduling project completion with customers remains a “key priority,” adding that the group has not experienced any cancellations to date on existing projects. The group is also “actively seeking” skilled workers from other countries and working with authorities to accelerate its entry into Singapore.

The group also highlighted the winning of a major contract in the renewable energy sector, as well as securing a long-term repair and upgrade contract with a European cruise ship owner and the completion of a floating storage regasification unit.

In the first quarter, GE Renewable Energy’s Sembcorp Marine and Grid Solutions jointly secured a $900 million contract from RWE Renewables to supply the high-voltage direct current (HVDC) power transmission system for the 1.4 gigawatt (GW) Sofia offshore wind farm. The scope of the contract includes the design, construction, installation and commissioning of the offshore converter platform (OCP), comprising an 18,000-ton top and deck foundation structure piled on the seabed.

“The award of the Sofia contract validates the Group’s thrust in the renewable energy market and adds to our list of secured projects in the offshore wind sector,” the update stated. Sembcorp Marine is also currently constructing two decks for the offshore substations at Orsted’s 1.4 GW Hornsea 2 offshore wind farm in the UK North Sea. In addition, it is fabricating 15 foundations for the Formosa 2 offshore wind farm in Taiwan.

In February, Sembcorp Marine secured a $375 million sustainability-linked loan, believed to be the first in Singapore’s offshore sector.

Summary of the most significant transactions

In mid-March, Sembcorp Marine delivered a floating regasification unit (FSRU) to KARMOL ahead of its deployment in Senegal. The 125,000 cubic meter vessel, KARMOL’s first FSRU, will bring cleaner LNG-fueled electricity to locations where domestic gas production or infrastructure is not yet available.

Our Repairs and Upgrades division carried out the following key projects in 1Q21:
– Major upgrade of the heavy lift vessel Aegir for Heerema Marine Contractors for deployment at the Changhua offshore wind project in Taiwan.
– Major upgrades of the FPSO Ningaloo Vision and the FPSO Tantawan.
– Major repairs of four LNG carriers.
– The Group continued to focus on the safe and timely execution of its existing order book of over $1.89 billion, including $290 million of repairs and upgrades underway for delivery in 2021.

The Group secured multiple repair and upgrade contracts, including a long-term contract with a European owner and operator of luxury cruise ships and yachts. With this award, Sembcorp Marine is working with four global operators that collectively own more than 15 cruise ship brands.

In terms of future orders, market sentiment has improved, although the post-COVID-19 recovery remains uncertain. There are increasing signs of active review of FIDs (final investment decisions) and improving order visibility. However, competition for new projects remains intense.

The Group is actively tendering for more than 10 projects, especially in the Renewable Energy and Gas Solutions segment. A similar number of tenders are in progress for the Process Solutions segment covering FPSOs, FSOs and FPUs.

In terms of outlook, Sembcorp Marine offered the following:

Notwithstanding the challenging operating environment, the Group’s strategic investments have positioned us well for the global transition to a low-carbon economy and the pivot towards cleaner and greener energy sources.

With the re-introduction of COVID-19 measures in recent weeks, including tighter border controls, the Group’s operations could be further impacted by workforce supply and quarantine restraints. Current and future restrictions on travel and transportation could also disrupt global supply chains. Resolving the skilled manpower shortage on a timely basis is the Group’s key priority to address the risk of project delays or terminations.

 

Source: fullavantenews


Viking Life-Saving Equipment has acquired HydroPen, the company behind the unique HydroPen container firefighting solution.

HydroPen, attached to a ship’s hose and raised on a telescopic arm by a single crew member, uses water pressure alone to power its ‘drill and spray’ nozzle to penetrate a container door before switching to spray mode to extinguish a fire with water, foam or CO2 – directly at its source.

HydroPen was founded in 2016 by Martin Winkel, CEO and Jesper Rosenfeldt Hansen, CTO and system inventor, to help revolutionize a persistent problem in maritime: firefighting on board container vessels.

“This is a significant acquisition for VIKING ,” said Lasse Boesen, Senior Product Manager, VIKING.

“We approached the HydroPen originators shortly after the system won the 2017 Danish Tech Challenge accelerator prize. From its official launch at SMM 2018, VIKING became HydroPen’s exclusive distributor, going on to support orders from some of the industry’s biggest names.”

“Once crews familiarize themselves with HydroPen, there is no going back – and since its introduction, the system has already proven itself in live firefighting situations. Recently, HydroPen has also generated interest among land-based fire-fighting operators who have been quick to recognize its value, adds Boesen.”

 

Source: maritimeprofessional


Houston-based offshore driller Vantage Drilling has reportedly received conditional letters of award for its 2009-built jackups Aquamarine Driller and Sapphire Driller for two-to-three-year deals in the Middle East.

The two rigs are set to commence the new contracts, believed to have a combined value of $157m, during Q1 2022. The operator has not been disclosed, however, both ADNOC and Qatar Petroleum have multi-year, multi-rig tenders out for rigs in the region.

Sapphire Driller and Aquamarine Driller are expected to be reactivated in Q2 2021 to begin their drilling campaigns in West Africa and Southeast Asia, respectively.

In addition, Vantage has bagged a short-term deal with APO offshore Tunisia for its 2009-built jackup Topaz Driller, currently operating off Montenegro for Eni.

The company reported a net loss of approximately $36m in Q1 this year.

 

Souece: splash247


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