Tuesday, July 27, 2021
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CSSC Lays Keel for Drone-Carrying Autonomous Research Vessel

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drone laser

French Navy Tests Laser Air-Defense System to Defeat Drones

Published Jul 26, 2021 6:42 PM by The Maritime Executive

Following the lead of the U.S. Navy, the French Navy will soon begin testing a laser-based anti-drone system for point defense, which would give it a new option for keeping its maritime assets safe from low-cost, explosives-laden drones and small craft. Armed or bomb-laden drones are ubiquitous in modern combat, and drone surface craft have played a prominent role in at least one ongoing conflict, the Yemeni Civil War. French defense company CILAS has come up with one way to...

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UK COVID-19 vaccination for seafarers

Unions Ask UK to Formalize Availability of COVID Vaccine for Seafarers

Published Jul 26, 2021 6:21 PM by The Maritime Executive

Unions Ask UK to Formalize Availability of COVID Vaccine for Seafarers International organizations are continuing to call on countries with a supply of COVID-19 vaccines to expand their efforts to include seafarers marking port calls regardless of the seafarers’ nationality. Since the beginning of the global vaccination roll out, one of the biggest challenges is to reach crew members who are spending months at sea and by the nature of their work at both rarely in their home countries nor...

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developing world's first hydrogen cruise ship

Fincantieri, MSC, and Snam to Develop Hydrogen-Powered Cruise Ship

Published Jul 26, 2021 4:59 PM by The Maritime Executive

Fincantieri is joining with one of its customers, the cruise division of MSC Group, and European gas and energy infrastructure company Snam to explore the potential for possibly the world’s first hydrogen-powered cruise ship. The companies said that they believe green hydrogen holds great potential to contribute to the decarbonization of the shipping industry, including cruising, whether in its pure form or as a hydrogen-derived fuel and they would seek to define the steps required for the adoption of the...

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Seadril presented refinancing plan tp bankruptcy court

Seadrill Presents to Bankruptcy Court Plan with Creditor Support 

Published Jul 26, 2021 3:45 PM by The Maritime Executive

Seadrill Limited, the financially troubled offshore drilling contractor controlled by John Fredriksen, is making progress on its second trip through US bankruptcy court in the past four years. In a filing with the court, the company reported on Saturday, July 24, that it has reached an agreement with just over half of its senior secured lenders and asked for the court’s approval of the reorganization plan. News of the agreement comes just days after speculation that the company would be...

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Offshore

Seadril presented refinancing plan tp bankruptcy court

Seadrill Presents to Bankruptcy Court Plan with Creditor Support 

Seadrill Limited, the financially troubled offshore drilling contractor controlled by John Fredriksen, is making progress on its second trip through US bankruptcy court in the past four years. In a filing with the court, the company reported on Saturday, July 24, that it has reached an agreement with just over half of its senior secured lenders and asked for the court’s approval of the reorganization plan. News of the agreement comes just days after speculation that the company would be...

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Shipbuilding

scripps

Scripps Gets $35M to Build Hydrogen-Hybrid Powered Research Vessel

The state of California has set aside $35 million for the Scripps Institution of Oceanography to design and build a new coastal research vessel with a first-of-its-kind hydrogen-hybrid propulsion system. The new vessel will be dedicated to Californian research missions, and it will enable scientists to study and track a range of environmental concerns, including the health of marine fisheries, harmful algal blooms, severe El Niño storms, atmospheric rivers, sea-level rise, ocean acidification, and oxygen depletion zones. The proposed 125-foot...

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Environment

ocean energy to fuel shipping

Project Explores Potential of Ocean Renewable Energy Fuel for Shipping

A new research project will investigate the potential of harnessing offshore wind and marine renewable energy to produce zero carbon-hydrogen and ammonia fuels. The University of Strathclyde will lead the multi-disciplinary Ocean-REFuel: Ocean Renewable Energy Fuels project, which will explore ways of converting ocean energy into fuels for use in heating, energy storage, and difficult to decarbonize transport applications. The five-year research project involves 28 industrial partners, including BP, Scottish Power, National Grid, ENI along with the UK Health &...

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Business

Zim

Seaspan Raises $750M in "Blue" Bonds After Giant LNG-Boxship Orders

The non-operating container ship owner Seaspan Corporation announced Wednesday that it has raised $750 million in "blue"-branded bonds, up 50 percent from a planned $500 million issuance. The funds will be used for sustainability-linked purposes in line with a previously-released "blue transition bond framework," which names LNG as the transition fuel of choice for the short to medium term.  In March, Seaspan entered into an agreement to build ten new 15,000 TEU dual-fuel LNG powered boxships, with delivery scheduled for...

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