Aerial of the search for missing after the Bayesian yacht was lost of Sicily

Luxury Yacht Sinks in Palermo Storm, One Dead and Six Missing Including British Tech Entrepreneur

On August 19th, tragedy struck in Palermo, Sicily as the luxury yacht “Bayesian” sank during a violent storm. One man died and six are missing, including British technology entrepreneur Mike Lynch. Eyewitnesses reported the yacht disappearing into the waves, with 15 survivors, including a one-year-old child. Divers are investigating the cause of the incident at a depth of 49 meters.

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INTERTANKO, Veracity By DNV Partner On Ship Emission

DNV and INTERTANKO Partner to Drive Decarbonization in the Tanker Sector

Veracity by DNV and INTERTANKO have partnered to support the tanker sector’s decarbonization efforts. This collaboration allows DNV customers to easily share emissions data with INTERTANKO for compliance with the EU ETS. The integration of verification services and benchmarking tools streamlines the process, supporting sustainability and reducing greenhouse gas emissions in the industry.

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LNG Ship-To-Ship Transfer Off UK A Success

Successful LNG Ship-to-Ship Transfer off the Coast of the UK

James Fisher Fendercare recently completed the first-ever LNG ship-to-ship transfer off the coast of Southwold, UK, providing a gas-up/cool-down service for an LNG carrier. The operation involved extracting inert gas from the vessel’s tanks and transferring LNG to lower their temperature, ensuring safe cargo reception. Collaboration with the MCA and adherence to safety protocols set a new standard in LNG transfer operations.

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CCG’S Science Vessel CCGS Naalak Nappaaluk Launched

Seaspan Shipyard Launches New Science Vessel for Canadian Coast Guard

Seaspan Shipyards recently launched the Canadian Coast Guard’s flagship science vessel, CCGS Naalak Nappaaluk, a milestone in ocean research. The Offshore Oceanographic Science Vessel (OOSV) is equipped with advanced ice capabilities and scientific research systems, enhancing marine surveys in Atlantic Canada. Named after a Nunavik elder, it will support sustainable ocean management and conservation efforts.

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d’Amico Tankers Acquires Eco MR Tanker for $31 Million Deal

d’Amico Tankers D.A.C. (Ireland) has exercised its purchase option on the MT Crimson Pearl, a 50,000 dwt medium-range product tanker vessel. The $31 million acquisition adds to DIS’ fleet of 33 double-hulled product tankers, strengthening its market position and commitment to sustainable shipping solutions. Delivery is expected between September and October 2024.

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Machine Room Safety Accreditation For

ClassNK Awards First Machinery Room Safety Accreditation for Ammonia-Fueled Ships

ClassNK, a leading classification society, is awarding the world’s first accreditation for “Machinery Room Safety for Ammonia” to an ammonia-fueled medium gas carrier developed by a consortium including NYK and NSY. This milestone signifies top-notch safety measures for handling ammonia, setting a new benchmark for safety in the maritime industry and promoting sustainability.

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MOL Mulls Cow Dung For Fuel

MOL Considers Using Cow Dung as Alternative Fuel Source Option

Mitsui O.S.K. Lines (MOL) is collaborating with industry partners to study the benefits of producing biomethane from cow dung in Hamanaka, Hokkaido. This initiative aims to utilize dairy industry waste as a source of fuel for industry and shipping. By tapping into biomethane, MOL seeks to promote sustainable practices and reduce environmental impact.

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Environmental Group Backs Out Of Scarborough

Environmental Organization Withdraws from Scarborough Litigation

Woodside and the Australian Conservation Foundation (ACF) have resolved their legal dispute over the Scarborough Energy Project. The project has received environmental approvals and is progressing smoothly. Woodside CEO Meg O’Neill emphasized the low carbon intensity of the project and its potential as a source of LNG for north Asian markets. The ACF’s decision reflects challenges in advocating for stronger environmental protections.

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Hyundai Marine Achieves Highest Profit Margin Amid Eco-Friendly Engine Demand

HD Hyundai Marine Solution Co., a leading ship parts manufacturer, achieved the highest operating profit margin in South Korea’s maritime industry due to increased demand for eco-friendly engines. As the IMO pushes for emission reductions, the company’s focus on hybrid engines has led to a 14.9% operating margin, outperforming competitors and solidifying its position as an industry leader.

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Freedom Flotilla Activists Take Aim At Gaza Blockade

Activists Challenge Israeli Blockade with Humanitarian Mission to Gaza

Activists from various countries are uniting on a mission to challenge an Israeli blockade and provide aid to Palestinians in Gaza. The goal is to show civil society’s rejection of the situation in Gaza. Facing potential resistance, the activists emphasize the legality of their actions and the need for unrestricted aid access. The journey aims to raise awareness and support for Gaza.

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