Nigeria Launches Port Modernization Program to Boost Maritime Economy

The Minister of Marine and Blue Economy, Adegboyega Oyetola, revealed plans for a port modernization program with the Nigerian Ports Authority focusing on Apapa and Tincan Island ports. This initiative aims to enhance port infrastructure, reduce turnaround time, and address challenges in the maritime sector. Oyetola emphasized the importance of a holistic approach.

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Spark Gas Conversion Reduces Methane Slip On LNG

Methane Emission Reduction Solution Launched for Dual-Fuel Engines

Wärtsilä introduces a methane slip reduction solution for its Wärtsilä 50DF dual-fuel engine, converting it to spark gas operation. This technology reduces methane emissions by up to 75% compared to the standard engine, making it more efficient and environmentally friendly. Chevron is already onboard with converting engines on its LNG carriers to spark gas.

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OEG Unveils Geometry Assurance Software For Ships And

GEOBASE Launched for Precision Dimensional Control in Offshore Vessels

OEG Energy Group (OEG) has launched GEOBASE, a revolutionary solution for maintaining dimensional control on offshore vessels. This tool streamlines calibration processes, standardizes measurements, and verifies sensor accuracy, reducing errors and delays during surveys. Developed by OEG’s team, GEOBASE is the industry standard for vessel geometry assurance, offering precise positioning data for critical offshore operations.

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New Guide for Maritime Administrations to Enhance Maritime Awareness

The guide from the Centre for International Law at the National University of Singapore urges governments to collaborate with companies to enhance maritime awareness and track tankers in the dark fleet. By developing computer platforms and capabilities, coastal states can better monitor and manage maritime activities to ensure safety and security at sea.

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ICS Pushes Levy-Based System Ahead Of IMO Meeting

IMO 2025: Navigating Geopolitical Challenges and Maritime Sustainability Initiatives

In 2025, the International Maritime Organization (IMO) faces geopolitical tensions, security challenges, digitization, and decarbonization. Their goal is safe, efficient, sustainable shipping through international regulations and technical support. Milestones include joining conventions on ship recycling, fishing vessel safety, and reducing emissions. Mandatory regulations and initiatives support member states to meet ambitious decarbonization targets.

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Report Reveals Rising Claim Costs and Trends in Hull and Machinery Coverage

The Nordic Association of Marine Insurers (Cefor) recently released its 2024 hull and machinery coverage report, revealing a surge in claim costs per vessel post-pandemic. Major claims exceeding $50 million increased by 22% compared to previous years, attributed to the industry’s shift towards larger vessels. Machinery damage, fires, and collisions were highlighted as leading causes of losses.

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World’s Largest Suction Sails Installed on Fruit Juice Carrier for Enhanced Efficiency and Emission Savings

Bound4blue has successfully installed the world’s largest suction sails on the MV Atlantic Orchard, a juice carrier chartered by Louis Dreyfus Company. The eSAILs® were fitted during the vessel’s survey in Spain, ensuring compliance with FuelEU Maritime regulations and achieving fuel consumption savings of around 10%. This marks bound4blue’s third successful installation this year.

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UK Clean Maritime Demonstration Competition: Funding Innovative Solutions for Net Zero Emissions

The sixth round of the Clean Maritime Demonstration Competition (CMDC) is now open for bidders until April 16, 2025. This UK government-funded initiative aims to support the maritime industry in achieving net zero emissions. UK-registered organizations can apply for a share of a £30 million fund to develop innovative clean maritime technologies and skills.

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SMF Collaborative Launched in Pacific Northwest for Zero-Emission Shipping by 2050

The Sustainable Maritime Fuels Collaborative (SMF Collaborative) has been launched in the Pacific Northwest to promote sustainable maritime fuels and zero-emission technologies. With support from key organizations, the initiative aims to achieve net-zero emissions by 2050, aligning with international climate goals to enhance the region’s competitiveness in the global shipping industry.

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Stillstrom And Panama Canal To Explore Offshore

Maersk Partners with Panama Canal for Offshore Charging Technology

Maersk and the Panama Canal Authority have joined forces to explore the use of Stillstrom’s offshore charging technology to reduce emissions from vessels around the canal. This partnership aims to improve air quality, reduce carbon footprint, and promote sustainable shipping practices on major trade routes. The collaborative effort highlights a commitment to environmental sustainability.

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