South Korea Launches First Domestically-Built Geophysical Research Vessel

Korean officials celebrated the commissioning of Tamhae 3, South Korea’s first domestically-built geophysical exploration research vessel, at Pohang Yeongilman Port. The vessel, a collaboration between Norway’s Ulstein Design and Korea’s HJ Heavy Industries, took eight years to complete and received a government investment exceeding $130 million. With cutting-edge features like the X-Bow design, Tamhae 3 aims to enhance South Korea’s research capabilities.

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Greece and France join forces to collaborate on maritime economy.

Greece and France have signed a declaration of intent to strengthen their maritime economies. The agreement includes collaboration on offshore wind energy projects, upgrading ports to meet environmental standards, and joint actions in the shipping sector. Both countries are committed to promoting sustainable practices, protecting the marine environment, and complying with international standards in their maritime activities.

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SailPlan and Norsk Analyse Partnership Revolutionizes Maritime Emissions Monitoring

A groundbreaking partnership between SailPlan and Norsk Analyse is set to revolutionize the maritime industry with advanced emissions and fuel efficiency measurement technology. This collaboration offers a seamless solution for shipowners to comply with regulations and improve operational efficiency. By combining sensor technology and data analytics, this partnership is driving environmental sustainability and profitability in maritime operations.

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Adani Ports Acquires Dar Es Salaam Container Terminal

Tanzania’s port of Dar es Salaam has granted a 30-year concession to Adani International Ports Holdings Pte Ltd (AIPH) to operate and manage container terminal 2 (CT2) in an effort to improve competitiveness in the East Africa region. AIPH will invest in upgrading facilities to increase capacity and efficiency, following a similar move by DP World to run other berths at the port.

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WWF Takes Legal Action Against Norway Over Deep Seabed Mining

Environmental campaign group WWF-Norway is challenging Norway’s decision to allow deep seabed mining, citing a lack of proper impact assessment. The government defends its actions, but WWF argues that this sets a dangerous precedent. The controversy has prompted calls from 25 countries for a moratorium on seabed mining until its risks are fully understood. This global pushback reflects growing concerns over the potential harm to marine ecosystems.

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The world's first large methanol powered containership is launched at Hyundai Heavy Industries. Photo courtesy Maersk

Rising Demand for Alternative Fuel Vessels: Methanol Leads with 33 New Orders in May 2024

The demand for alternative fuel vessels is surging, with 33 new orders in May 2024. Methanol-powered ships lead with 23 orders, container segment prevailing. LNG-fueled vessels trail with 8 orders while 2 ammonia-fueled ship orders signal a rise in interest. Jason Stefanatos noted a significant 55% increase in new orders for alternative fuel vessels compared to 2023.

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Union Maritime to install WindWings on 34 new tanker builds.

UK shipping company Union Maritime has teamed up with BAR Technologies to implement wind-assisted propulsion solutions on 34 new vessels. The partnership includes the deployment of WindWings on tankers to achieve fuel and CO2 savings. This move aligns with Union Maritime’s environmental initiatives, showcasing a commitment to sustainable shipping practices. The industry trend towards wind propulsion technology is evident, with more shipowners opting for decarbonization solutions.

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Strengthening Maritime Cybersecurity: A Collaborative Approach

OTESAT_MARITEL and Bureau Veritas have joined forces to certify two cybersecurity solutions, IRIS and s@tGate, meeting IACS UR E27 Rev.1 standards for on-board cyber resilience. IRIS offers comprehensive protection onshore and onboard, with a security awareness e-learning module and Managed Security Services. Bureau Veritas is assisting in meeting the mandatory standard for vessels post-July 1st, 2024, aiming to enhance cyber resilience in the maritime industry.

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ESI: A Trusted Tool for Sustainability in the Shipping Industry

In the realm of sustainability and operations management in the shipping industry, reducing emissions and decarbonizing is a top priority. The Environmental Ship Index (ESI) is a trusted tool created in 2011 by ports and the International Association of Ports and Harbors. Recognized by the IMO, ESI incentivizes environmental performance improvements on thousands of vessels globally. With new developments, ESI continues to evolve to meet the industry’s focus on sustainability and climate change mitigation.

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AMSA publishes safety findings from battery fire incident on domestic vessel

AMSA Safety Summary: Lithium-Ion Battery Fire on Merchant Vessel

The Australian Maritime Safety Authority (AMSA) has released safety lessons learned from a merchant vessel fire caused by a lithium-ion battery system. An explosion on a fishing vessel at berth was attributed to a faulty battery charger bypassing safety systems. The incident resulted in irreparable damage to the ship. Ship owners should implement safe charging procedures for battery systems.

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Weymouth Lifeboat Volunteers Rescue Boat in Distress off Portland Bill

Volunteers from Weymouth lifeboat swiftly responded to a distress call for a boat in trouble south of Portland Bill. The crew of the Severn-class lifeboat, Ernest and Mabel, ensured everyone’s safety before towing the vessel to West Bay. The station emphasized the importance of safety measures for sailors and advised boaters to check weather and tide conditions to prevent similar incidents.

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HD Korea Shipbuilding Showcases Ammonia-Fueled Vessel Technology at Global Tech Forum

HD Korea Shipbuilding & Offshore Engineering showcased its latest developments in ammonia-fueled vessel technology at the Global Tech Forum in Athens, Greece. The company introduced integrated scrubber technology to minimize toxic gas emissions from ammonia fuel, addressing concerns raised by industry leaders. Their innovative dual-stage absorption system reduces ammonia emissions to nearly zero, enhancing onboard safety. The company also presented AI solutions for ship management and a remote drone system for real-time leakage detection.

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Maritime leaders forum to be held at Vouliagmeni by Capital Link.

Capital Link’s ninth Maritime Leaders Summit will take place at the Four Seasons Astir Palace Hotel in Vouliagmeni, Athens, during Posidonia 2024. With a focus on “Dashing Ahead – Leadership in Action,” the event will feature key industry players discussing current trends and challenges. This forum offers a valuable platform for networking, collaboration, and learning within the maritime community. Visit the Capital Link website for more information.

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