Highlights: • Strategic Marine has advised that the VG140SD VEEM Gyro will now be fitted as standard on its fourth- generation fast crew boat (FCB) due to the benefits afforded through improved stabilisation. • As a result, Strategic Marine has accelerated the delivery dates for the 12 gyrostabilizers that it ordered under the exclusivity agreement with VEEM in June 2023. • Strategic Marine will now receive three VG140SD VEEM Gyros before 31 December 2023 and the remaining nine during the second half of FY24. • Due to the acceleration of ...

The Haisla Nation and Pembina Pipeline Corporation, partners in the proposed Cedar LNG project on the coast of British Columbia, Canada, have announced the signing of a heads of agreement with South Korea’s Samsung Heavy Industries and US Black & Veatch to secure access to shipyard capacity and support construction and delivery of a new floating LNG production vessel. The parties are expected to finalize a lump sum engineering, procurement and construction agreement in December of this year. “This exclusive relationship with SHI and Black & Veatch to lock in ...

Lenten Scheepvaart (the Netherlands) will go down in history as the owner of the world’s first-ever newbuild hydrogen-powered inland shipping barge. With this, the shipping company sets a new standard. An important step towards zero-emission transport on Dutch inland waterways. The Hydrogen Electric Cargo Ship ‘Antonie’ (WEVA) was realised by Concordia Damen. On 23 October the technical sea trials were held, during which the ship was inspected by Lloyd’s Register and received a provisional certificate to be put into service. Bart van Driel, project manager at Concordia Damen, was there. ...

Brunvoll has received an order for the delivery of propulsion and manoeuvring packages for Windward’s new Commissioning Service Operation Vessels (CSOVs). The order is for two vessels, with two additional vessels as an option. Windward’s new vessels will have two propulsion azimuth thrusters in the aft, and two retractable azimuth thrusters and a tunnel thruster in the bow. All azimuth thrusters feature the latest and greatest improvements to meet the increasingly stricter requirements for rapid, safe, and accurate DP operations for SOVs/CSOVs. This includes significantly improved rotation speed, faster propeller ...

The domestic shipbuilding industry, which secured the top position in global orders last month, continues to receive new orders this month. HD Korea Shipbuilding & Offshore announced on Nov. 14 that its subsidiary, HD Hyundai Heavy Industries, has recently signed a construction contract worth a total of 698.1 billion won (US$531.68 million) with a shipping company in the African region for two liquefied natural gas (LNG) carriers. The order amount per vessel is US$265 million, the same as the LNG carrier order amount received by HD Korea Shipbuilding & Offshore ...

In the harbour of Veracruz, Mexico three Cutter Suction Dredgers (CSD) were commissioned along the quay. The dredgers, built in the Netherlands by Damen Dredging Equipment (DDE), have been added to the fleet of SEMAR. They have been acquired as part of a fleet expansion programme, and will be put to good use on various dredging projects in Mexico. The three CSD250s are not the first Damen dredgers to be operated by SEMAR. Over the past few years, Damen has delivered a number of CSD500s, a CSD450 and a CSD650. ...

After HD HHI won a provisional contract to build 17 liquefied natural gas (LNG) carriers from Qatar Energy in October, renegotiations kicked off between the two companies to discuss heightening specifications. Qatar Energy has recently started renegotiations with HD HHI to build 17 LNG carriers with a capacity of 174,000 square meters, according to industry sources. On March 27, Qatar Energy, a state-run energy company of Qatar, signed a memorandum of agreement (MOA) to build 17 LNG carriers for US$3.9 billion based on the tentative agreement. The two companies are ...

The shipbuilding industry, grappling with chronic labor shortages, is seeing signs of stabilization in its operations as the government has deployed over 14,000 personnel this year. However, concerns about technology leakage and employment uncertainty are rising, as 86% of these new recruits are foreign workers. According to industry sources on Nov. 12, the Big 3 of domestic shipbuilding – HD Korea Shipbuilding & Offshore Engineering, Hanwha Ocean, and Samsung Heavy Industries – are breathing easier thanks to the government’s infusion of labor. The government has announced that it has injected ...

As orders for tankers increase in the global shipbuilding market, South Korean shipbuilders are being watched closely as they leverage their eco-friendly technological capabilities to expand their global influence, competing against China, which emphasizes quick delivery and lower prices. According to industry sources on Nov. 12, HD Korea Shipbuilding & Offshore Engineering recently signed a construction contract for two oil tankers with a shipping company based in Liberia. This achievement follows its successful contract for two oil tankers from an Oceania-based shipping company last month and is estimated to have ...

Last month at the annual Damen Maritime Festival in the Netherlands, Sri Lanka Shipping Company, a subsidiary of Advantis Group, and Damen Shipyards signed a contract for the delivery of two new ASD Tug 2312 tugboats. This is the first time that the two organisations have done business together, and the vessels are already being built at Damen’s Song Cam Shipyard in Vietnam. Sri Lanka Shipping Company chose the ASD Tug 2312 based on its outstanding performance as the most versatile vessel in its class. Just 23 metres in length, ...

Rudder and steering systems specialist DMC launched the new and improved Optima nozzle at Europort 2023 in Rotterdam last Thursday. The original Optima was introduced in 1998 and quickly developed into the standard nozzle in various markets. It is one of the best-running nozzles for pushers and tugs, icebreakers, dredgers, coasters, fishing vessels and workboats. In inland navigation, it is even the best-selling nozzle of all time. Thousands of vessels sail with this ‘thrust enhancer’. After 25 years, and a year of research using state-of-the-art technology, DMC has now come ...

Elogen, a French leader in PEM electrolysis – a promising technology for the production of green hydrogen -, CNRS and Université Paris-Saclay signed a partnership agreement to create a joint research laboratory. Hydrogen is a key lever in successfully ensuring the transition towards a low-carbon society, in all sectors of the economy. PEM (proton exchange membrane) electrolysis is one of the routes towards the industrial scale production of hydrogen, while guaranteeing a minimal carbon footprint. With the creation of a joint laboratory, Elogen, Université Paris-Saclay and CNRS aim to improve ...

South Korean dockyards aim to expand their presence in the global tanker market dominated by Chinese players with vessels designed to transport or store liquids such as oil and chemicals powered by eco-friendly fuels amid the expected downturn in the world’s shipbuilding industry. Hyundai Samho Heavy Industries Co., an affiliate of HD Korea Shipbuilding & Offshore Engineering Co., was expected to win an order to build two Suezmax tankers with a capacity of some 150,000 deadweight tonnages (DWT) each from a European customer, according to a global shipping market news ...

Amid a steadfast strategy of selective order intake focusing on high-value-added vessels, the South Korean shipbuilding industry has finally surpassed China to record the world’s highest global market share. This success comes in the wake of a continuous rise in the Newbuilding Price Index, securing both profitability and market expansion – the proverbial “two rabbits.” According to Clarksons’ Maritime & Shipping Research Services, a U.K.-based shipbuilding and shipping market analysis firm, the total global vessel order volume in October was 2.49 million Compensated Gross Tonnage (CGT), equivalent to 60 ships ...

Damen Green Solutions and Bawat A/S have formally signed the agreement to solidify their joint venture in the development and sales of cutting-edge mobile Ballast Water Management Systems (BWMS). The joint venture, operating under the collective name “Bawat Damen”, marks a significant step in revolutionizing mobile ballast water management solutions. Under the joint venture, Bawat A/S will provide its innovative system for treating ballast water, leveraging its patented pasteurisation process that eradicates organisms without the use of chemicals, filters, or UV. Damen Green Solutions, known for its expertise in maritime ...