Monday, September 26, 2022
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ssab

Alfa Laval Signs Deal to Use Fossil-Free Steel in Heat Exchangers

Published Sep 26, 2022 7:13 PM by The Maritime Executive

Alfa Laval has decided to work with Swedish steelmaker SSAB to build the world's first plate heat exchanger manufactured with fossil-free steel.  SSAB's new HYBRIT steelmaking process involves using hydrogen for direct reduction of iron ore rather than traditional blast furnace processing. If the hydrogen comes from "green" sources - as SSAB plans - the process results in sponge iron with no CO2  emissions along the way. The company plans to have its first demonstration facility in Gällivare, Sweden up...

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London Gateway

Efforts to Diversify UK’s Container Traffic Beyond Felixstowe

Published Sep 26, 2022 6:52 PM by The Maritime Executive

Efforts are underway to diversify and expand the UK’s container operations in England with expansion planned at both Southampton and the London Gateway. While both projects are longer term they come as the UK’s largest container port, Felixstowe, is caught in an ongoing labor dispute that threatens to disrupt the UK’s supply chain. On Tuesday, September 27, approximately 1,900 workers at the Port of Felixstowe are scheduled to begin this second strike lasting for eight days in the ongoing dispute...

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hydrogen powered CTV

CBM’s Windcat Workboats Will Add Six Hydrogen-Powered CTVs by 2024

Published Sep 26, 2022 6:22 PM by The Maritime Executive

Owner/operator of offshore crew transfer vessels Windcat Workboats announces plans to add six additional hydrogen-powered vessels to its fleet servicing Europe’s offshore wind and energy sector. A division of Belgium’s Compagnie Maritime Belge (CMB) the company is focusing on the emerging opportunities tied to the offshore wind sector. Windcat Workboats and CMB.TECH introduced the world’s first hydrogen-powered crew transfer vessel (CTV) earlier this year. The vessel is operating with Vestas in the port of Ostend in Belgium. The Hydrocat 48...

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buyout offer for Seaspan's parent raised

Investors Increase Buyout Offer for Seaspan’s Parent Company

Published Sep 26, 2022 5:31 PM by The Maritime Executive

The investment group that includes the current Chairman of Atlas Corp. and Ocean Network Express (ONE) as an investor sought to increase the pressure on Seaspan’s parent Atlas to accept its go private offer. The group announced that it was unilaterally increasing its offer to acquire all the outstanding shares of Atlas by seven percent which resulted in an initial increase of the share price of nearly 15 percent before the stock price slid back in an overall down day...

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MORE STORIES BY CATEGORY

Offshore

floating offshore power substation

Design for Floating Offshore Substation to Support Floating Wind Farms

As wind farms grow larger and further from shore and convert from fixed bottom to floating, new salutations will be required to support these projects. Drawing on their experience in floating structures for floating wind turbines and for major floating oil and gas topsides, Denmark’s Semco Maritime and ISC Consulting Engineers and with Technip Energies’ affiliate Inocean based in Norway and Sweden are proposing floating offshore substations. According to the companies, it is possible to build reliable and cost-effective floating...

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Shipbuilding

HHI

Hyundai Heavy Industries Goes All-In for Big Data With Palantir

Hyundai Heavy Industries' holding company KSOE has decided to go all the way with an enterprise resource planning (ERP) platform-of-platforms, Palantir Foundry. Palantir's commercial product is designed to take all data from company sources, all analytical / AI modeling from company analysts, all input from company end-users, and integrate it into one platform for business decisionmaking.  The Foundry rollout started at construction-equipment subsidiary Hyundai Doosan Infracore, which uses Palantir's software in its supply chain and sales operations. It is also...

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Environment

mikael lind

Enablers for Decarbonizing the Maritime Industry: Playbook Part 3

[By Mikael Lind, Wolfgang Lehmacher, Louise De Tremerie, Frank Dubielzig, Ellinor Forsström, Paul Holthus, Andrea Morgante, Sukhjit Singh, and Lina Tenenbaum] The journey towards a sustainable maritime shipping sector is driven by enablers spread across multiple areas. The decarbonization enablers include more sustainable fuels and other green sources of power, strong regulations that set an ambitious framework, bold financing for sustainable initiatives, power systems, integrated port solutions, optimised ship design, and fleet and operational optimization. In the shipping industry the enablers are...

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Business

buyout offer for Seaspan's parent raised

Investors Increase Buyout Offer for Seaspan’s Parent Company

The investment group that includes the current Chairman of Atlas Corp. and Ocean Network Express (ONE) as an investor sought to increase the pressure on Seaspan’s parent Atlas to accept its go private offer. The group announced that it was unilaterally increasing its offer to acquire all the outstanding shares of Atlas by seven percent which resulted in an initial increase of the share price of nearly 15 percent before the stock price slid back in an overall down day...

Continue Reading...