Thursday, April 03, 2025
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Lifeboats

Safety Management Systems

Published Apr 2, 2025 7:04 PM by Pat Zeitler

  Fans of complex management systems tend to live and breathe the analytics of daily operations. With the help of a strong safety management system (SMS) and properly placed sensors, any inquiring manager can learn what their vessel status is with respect to things like metered engine hours, equipment usage rates, conditions of lubricants and seals, hull conditions, onboard inventory, fire suppression systems and so on. "You can't manage what you don't measure," the quote often attributed to management wizard...

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future roro concept

Stena Presents Futuro Concept RoRo that Would Reduce Energy Usage 20%

Published Apr 2, 2025 5:55 PM by The Maritime Executive

Stena Line, one of Europe's leading ferry companies and a pioneer with advanced designs, presented its latest thinking for Stena Futuro, a RoRo that would reduce energy usage by 20 percent or more. The company’s goal is an overall 30 percent reduction in its CO2 emissions by 2030. “The mission is to develop the most efficient and competitive vessel possible for a specific cargo capacity, using today’s available technology. The goal is for the vessel to have the...

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hydrogen fueled tug launched in Japan

Japan’s First Hydrogen Dual-Fuel Tug with Combustion Engine Launched

Published Apr 2, 2025 5:29 PM by The Maritime Executive

As part of the “Zero Emission Ships Project” sponsored by The Nippon Foundation, Japan last week launched its first hydrogen dual-fuel tug. The vessel is pioneering using a high-power internal combustion engine with the industry seeking to develop expertise in the emerging sector. The new tug was launched by Tsuneishi Shipbuilding on March 28 and is the first vessel in Japan to be equipped with a high-power output hydrogen dual-fuel internal combustion engine. It also has a high-pressure...

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Panama Canal Railway

Maersk’s APM Terminals Buys Panama Canal Railway Company

Published Apr 2, 2025 4:34 PM by The Maritime Executive

In a first for Maersk’s operations, the group’s terminal company APM reports it acquired the 47-mile-long Panama Canal Railway Company from Canadian Pacific Kansas City and Lanco Group. While it is the first railroad operation in the company, executives highlighted that it is in keeping with Maersk’s intermodal logistics focus. No price was cited for the railroad which is reported to generate revenues of $77 million and EBITDA earnings of $36 million annually. The railroad was rehabilitated in...

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MORE STORIES BY CATEGORY

Offshore

Ineos acquired CNOOC's 21 percent stake in the Shell-operated Appomattox platform, above (Shell file image)

China's CNOOC Exits U.S. Offshore Oil and Gas

  British energy company Ineos has completed a planned acquisition of the U.S. Gulf assets of Chinese state oil major CNOOC. The purchase gives Ineos non-operated interests in Shell's Appomattox platform and Hess' Stampede platform, along with several mature assets and supporting business units. Reuters reports that the transaction price came to about $2 billion.   “This is a major step for us into the deepwater Gulf of Mexico, which builds on our growing energy business. INEOS Energy is all...

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Shipbuilding

Yang Ming containership

Yang Ming Buys Methanol Containerships as First Step in Fleet Optimization

  After reporting strong financial results for 2024, Taiwan’s Yang Ming took the first steps in a fleet optimization and expansion program first announced in December 2024. The company reported it is buying three under-construction dual-fuel methanol containerships from Japanese leasing company Shoei Kisen Kaisha. The three vessels are reported to already be on order with Imabari Shipbuilding. They are scheduled for delivery in 2028 and 2029 and each will have a capacity of 8,000 TEU. The report says they...

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Environment

Seagrass

Vanishing Protectors and Predators of the Saya de Malha

  In November 2022, several scientists in scuba gear dove over the side of a 440-foot research ship, which had been sent to the Saya de Mahla Bank, a vast seagrass meadow in the Indian Ocean between Mauritius and Seychelles, more than 200 miles from land. Their goal that day was to film sharks. When they were not diving, the scientists submerged a remote-controlled submarine to search the sea column. Ranked as one of the largest and most advanced research...

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Business

Lifeboats

Safety Management Systems

  Fans of complex management systems tend to live and breathe the analytics of daily operations. With the help of a strong safety management system (SMS) and properly placed sensors, any inquiring manager can learn what their vessel status is with respect to things like metered engine hours, equipment usage rates, conditions of lubricants and seals, hull conditions, onboard inventory, fire suppression systems and so on. "You can't manage what you don't measure," the quote often attributed to management wizard...

Continue Reading...