• 2022 January 21 19:15

    PortNews’ week updates and insights summary

    Week summary with IAA PortNews

    Shipbuilding

    Expansion of production capacities in Russia included reports from Severnaya Verf Shipyard based in St. Petersburg that is set to commission a new covered shipbuilding slip this year to increase its capabilities.

    Norilsk Nickel announced plans to place a shipbuilding order with Helsinki Shipyard Oy to build its own icebreaker.

    Meanwhile, Russian shipyards continue construction of mixed river-sea class vessels. Krasnoye Sormovo Shipyard scheduled for this year delivery of 11 RSD59 series dry cargo ships, while Astrakhan oblast based USC’ Krasniye Barrikady Shipyard to build ships for Iran and Turkmenistan.

    The construction of small boats, service vessels, floating and support structures is also developing. In particular, Naberezhnye Chelny based Sea Lion plans to manufacture up to 200 small boats per year, and Perm Shipyard can start building charging stations for boats with electric propulsion. Electrotechnical Corporation (ElKor LLC is investing in the production of small aluminum boats with modular manufacturing that will service boiler houses, substations and generators. Nizhny Novgorod based Shipbuilding / Ship repair Corporation (SSC) plans to commission two berths in 2022 and delivery of two dredgers.

    Shipping and logistics

    Crimea and Syria announced their intention to create a joint transport shipping company.

    Rosstat released Russian inland waterways cargo traffic statistics. The 2021 waterborne freight volume increase 1.2% to 110.3 million tonnes.

    Gazprom Fleet is handpicking an owner to time-charter an OSV to support the Severnoye Siyaniye semi-submersible drilling rig.

    RZD will continue to upgrade its Primorsky Territory railway infrastructure. For 2022-2024, the state-owned company to invest RUB 23.5 billion in the projects to increase freight throughput and carrying capacity.



    Ports and hydraulic engineering

    In 2021 cargo volume of Russian seaports edged up 1.7%. The energy transition and carbon footprint agenda could lead to new port, logistics and shipbuilding projects in Russia aimed at hydrogen exports, storing CO2 and using hydrogen as marine fuel.

    The implementation of the project to create a gas chemical cluster in the Port of Ust-Luga is in full swing. Baltic Chemical Complex LLC (BHC) and China National Chemical Engineering Construction Company No. 7 (CC7) entered into an additional agreement No.3 to the EPC contract for the construction of a Gas Chemical Complex as part of the Ethane-Containing Gas Processing Complex (EPEG) in Ust-Luga .

    The modernization of Russia's inland waterways is also ongoing. So, from 2025, it is planned to rehabilitate 19 hydroelectric facilities at the Volga-Don Canal and build 4 river icebreakers on the Don.

    The Russian Government will earmark over RUB 4 billion for the resumption of the construction of the Krasnogorsk hydroelectric complex.

    The number of sponsors of the 5th Hydraulic Structures and Dredging International Congress is growing: MTG announced its support for the event.

    Legislation and regulation

    Russia has acceded to the Convention on the International Organization for Maritime Aids to Navigation.

    The Ministry for the Development of the Far East in 2022 will submit to the State Duma a bill on the so-called Northern Deliveries (seasonal deliveries of stockpiles to the Far North of Russia). Responsibility for the Northern Deliveries will be legislatively assigned to all participants in the process.

    The draft Rules for subsidizing the construction of fishing vessels have been published.




2024 May 20

18:00 ADNOC secures equity position and LNG offtake agreement in NextDecades Rio Grande LNG Project
17:31 EDGE Group and Fincantieri formalise MAESTRAL shipbuilding JV and announce 400 mln euro order for 10 naval vessels
17:02 Genevos awarded European Commission funding for hydrogen fishing vessel demonstrator in ‘H2-SEAS’ consortium
16:43 MAI to invest in ship investment fund managed by Navigare Capital Partners
16:29 Three year collaboration between EMEC and FloWave offers wave and tidal energy developers ‘try-before-you-buy’ site simulation capability
15:58 IndustriAll Europe and SEA Europe agree on joint priorities ahead of the 2024 EU elections
14:51 Fincantieri shipyard launches Logistic Support Ship ‘Atlante’ for the Italian Navy's fleet
13:24 MOL Cruises announces the six inaugural cruises of MITSUI OCEAN FUJI
12:21 Deltamarin designs CO2 carrier of Ecolog
11:50 Tsakos Energy Navigation plans to invest $2 billion to create a 100% green fleet by 2030
11:23 Horizon Tankers order six newbuilds in China
10:55 Turkish-owned cargo ship sinks off Romania
10:15 Serica Energy receives final approval from the NSTA to develop the 100% owned and operated Belinda field

2024 May 19

15:43 RWE, Masdar award geophysical surveys contract for DBS West offshore wind farm
14:27 Intesa Sanpaolo and Fincantieri for the energy transition of maritime and air transport
14:03 MSC Cruises to expand at Port Canaveral with the arrival of the MSC Grandiosa
13:56 Noatum launches maritime services in Türkiye
12:44 New Pipeline Transition Alliance to focus on re-purposing natural gas infrastructure to hydrogen service
11:29 Yantai CIMC Raffles Offshore Ltd. shipyard launches dual-fuel offshore installation vessel for Van Oord
11:23 Major Scottish export terminal invests £750,000 to boost refrigerated cargo capabilities
10:12 Jan De Nul orders new XL cable-laying vessel

2024 May 18

15:24 SNAM's Q1 total revenues declined 1.9% to 895 million euros
14:17 KOTUG Int'l successfully pilots Tug Drone technology
12:04 Austal USA names Mark Santamaria as CFO
11:36 Silver Ships delivers four of seven coastal fast response boats
09:51 CMA CGM posts revenue of 11.8 billion for Q1 2024

2024 May 17

18:10 Bunker fuel sales at the Middle Eastern hub of Fujairah drop on a monthly basis in April 2024
17:52 Lloyd’s Register and Shandong Marine Group sign MoU
16:43 China reveals cooperation methods to protect and restore the Yangtze River
16:03 APM Terminals Barcelona holds the commissioning of 17 Konecranes NSC 644 EHY hybrid straddle carriers
15:13 Marine fuel demand in Panama declined in April 2024
14:43 MITSUI E&S and PACECO commence commercial operations of world's first hydrogen fuel cell zero emission RTG crane at Port of Los Angeles
14:23 ILWU Canada agrees to delay serving 72-hour strike notice on employer DP World Canada
13:31 Barge hits a bridge in Texas, damaging the structure and causing an oil spill
13:10 Container shipping costs on EU-S. Korea route surge over 30 pct amid Red Sea crisis
12:43 DP World invests €130m in Romania
12:21 Astrakhan hosts Russia-Iran talks on shipping cooperation on International North-South corridor
11:41 Seatrium awarded repeat FPSO integration contract from SBM Offshore
11:04 Bureau Veritas report highlights the potential of carbon capture technologies and the development of carbon value chains for shipping
10:41 Electramar christened in Helsinki
10:07 IMO Secretary-General spotlights seafarer safety amidst ongoing Red Sea attacks and resurging piracy
09:58 MABUX: Bunker Outlook, Week 20, 2024

2024 May 16

18:11 Kongsberg and Torghatten to develop self-driving ferry service linking Trondheim and the Fosen peninsula
17:42 “K” Line сonducts first trial use of B100 biofuel for carbon-free operations on car carrier
16:35 Deltamarin and ECOLOG unveil LP LCO2 carrier design
15:40 Seadrill enters agreement to sell its Qatar jack-up fleet
15:24 Scan Global Logistics and Hapag-Lloyd enter into major biofuel agreement in a new Green Collaboration
14:48 Edison Chouest feeder fleet for U.S. offshore wind market to be built to ABS Class
14:03 The Australian Government announces a funding package of $7.1 billion for budgeted programs to be administered by ARENA
13:54 The share of the idle container vessel fleet was 0.9% in April - Sea-Intelligence
13:25 The European Commission grants PCI status to CO2 value chain project developed by MOL with partners
12:14 HHLA's revenue decreased by 0.3 percent to € 363.6 millions in Q1 2024
11:42 MOL and TotalEnergies sign time charter contracts for 2 newbuilding LPG-fueled LPG carriers
10:40 Kalmar and Uniport Livorno agree on new terminal tractor order to enhance reliability, safety and service quality at Italian terminal
10:04 AMSA collaborates on a trial providing more recycling options for visiting foreign ships
09:59 SunGas Renewables and C2X announce strategic partnership

2024 May 15

18:07 MOL holds naming ceremony for newbuilding LNG carrier Greenergy Ocean to serve China National Offshore Oil Corporation
17:30 ClassNK and StormGeo mark significant collaboration to advance maritime decarbonization
17:02 Newly certified methanol valves to improve dual-fuel shipbuilding
16:45 HD KSOE to lease Subic shipyard in Philippines
16:25 Eidsvaag receives two forage carrier vessels designed and equipped by Kongsberg Maritime
15:58 ADNOC delivers first ever bulk shipment of CCS-enabled certified low-carbon ammonia to Japan
15:35 World's 1st wind challenger-equipped coal carrier achieves fuel savings of 17%
14:57 LR to support the retrofit of two Stena Line ferries to methanol
13:52 Port of Los Angeles nets record $58 million for harbor maintenance
13:32 CMA CGM to launch MCX - West Coast Central America
12:51 Port of Long Beach cargo volumes up 14.4% in April
12:21 First Ro-Pax vessel receives DNV Silent notation following successful sea trials with Wartsila propellers
11:41 Hapag-Lloyd transport volumes increased by 6.8 percent to 3 million TEU in Q1 2024
11:10 Cavotec signs two-year service agreement with Port of Salalah