Egyptian authorities are urgently working to salvage the sinking VSG Glory near Quseir in the Red Sea Governorate. The cargo ship, carrying 21 crew members and tons of cargo, suffered a hull breach. Despite all crew members being rescued, efforts to stabilize the vessel are hindered by bad weather.
Panama has made history by registering 358 newly built ships, totaling over 8.5 million Gross Tonnage, solidifying its position as the world leader in ship registration. The Panama Maritime Authority’s strategic initiatives and incentives have attracted shipowners, showcasing its commitment to sustainability and advancement in the maritime sector.
ABL recently completed its role as marine warranty surveyor for the transport and re-installation of the floating storage and regasification unit Toscana off the coast of Livorno, Italy. The project for OLT Offshore LNG Toscana involved towing the FSRU to Genoa for maintenance before moving to Marseille for further work.
Bernhard Schulte Shipmanagement (BSM) in Limassol is gearing up for the 2025 FuelEU Maritime regulation. With a vast fleet and global presence, BSM has embraced digital tools for emission management. The FuelEU Dashboard and Simulator aid in real-time data visualization, compliance monitoring, and cost estimation. BSM’s proactive stance ensures seamless compliance and value-added solutions for customers.
Vard, a Norwegian shipbuilder part of the Fincantieri Group, has received Approval in Principle from Lloyd’s Register for methanol fueling system on two offshore wind Commissioning Service Operation Vessels being built for North Star. These vessels, based on VARD 422 design, will feature new methanol-ready hybrid-propulsion solutions.
The UK ETS Authority is expanding the scheme to include maritime emissions and non-pipeline transport for carbon capture. The goal is to incentivize businesses to reduce emissions and invest in clean technologies. Changes to free allocation rules and recognition of carbon capture’s importance in achieving net-zero targets are planned.
The Global Centre for Maritime Decarbonisation (GCMD) has developed a new technique to create a fingerprint for Fatty Acid Methyl Esters (FAME) biofuels, allowing the origins of the fuel’s feedstock to be determined. This method aims to address concerns about the authenticity and sustainability of biofuels in the shipping industry.
A search is underway for the crew of a fishing vessel that capsized off Couverden Island, Alaska. The crew of the Wind Walker sent a distress call before losing contact. Despite finding immersion suits and strobe lights, the crew remains missing. The Coast Guard and local vessels are conducting a search in challenging weather conditions.
A.P. Moller – Maersk has christened its new dual-fuel methanol container vessel, A.P. Møller, in honor of founder Arnold Peter Møller. The ship is part of Maersk’s sustainability efforts, with plans for a total of 18 methanol ships by 2025. Møller’s legacy and Maersk’s commitment to decarbonization are at the forefront of this initiative.
The International Association of Classification Societies (IACS) stresses the need to address safety risks in the maritime industry’s shift to alternative fuels. With the release of Revision 5 of UR M10, new safety requirements aim to protect internal combustion engines from crankcase explosions, particularly concerning with gas and low flashpoint fuels.
The Brazilian Ministry of Ports and Airports unveiled a $3 billion investment plan for privatizing major terminals, with over 50 projects in the works. The goal is to attract investors and modernize the port sector, including leases at the Port of Santos and an auction for the STS10 Terminal.
The Panama Maritime Authority swiftly canceled registration of six Panamanian vessels on the UK Sanctions List. Director General Ramón Franco prioritized the registry’s integrity, already canceling three ships with eight more in process. This proactive approach upholds international standards and demonstrates Panama’s commitment to a reputable maritime registry.
The Port of Antwerp-Bruges has recently added six new energy-efficient tugs to its fleet, including Europe’s first fully-electric RSD tugboat. These tugs, constructed by Damen in Vietnam, were carefully tested before being delivered to Belgium. The electric tugboat, named Volta 1, boasts impressive maneuverability and a bollard pull of 70 tons.
Westinghouse Electric Company and Core Power have joined forces to create floating nuclear power plants with microreactors. These plants will be manufactured centrally and easily transported, offering clean and reliable electricity to remote areas. The innovative design incorporates heat pipe technology for enhanced reliability and efficiency. This partnership aims to revolutionize power generation in various locations.
AP Moller-Maersk celebrated a milestone with the arrival of its dual-fuel methanol container ship, AP Møller, in Singapore. This vessel is part of Maersk’s commitment to decarbonizing its fleet, with 18 dual-fuel methanol ships set for delivery by 2025. The use of methanol aims to significantly reduce greenhouse gas emissions and support sustainable shipping practices.
