Giving vessels fins to optimise fuel performance An innovative technology by Norwegian company Wavefoil could see ships mimic the way whales move through water to cut fuel consumption and CO2 emissions. A ship sailing through still water faces less resistance, and therefore consumes less fuel than one navigating a more turbulent environment. Waves that are...
Private equity investor Vaaka Partners has become the majority shareholder of Foreship, the Finnish company specialising in ship design and engineering. Vaaka Partners’ involvement allows Foreship to draw on an array of financial, business intelligence and industrial advisory expertise from a company portfolio consisting of 4,000 employees and a fund capital base approaching €500...
Mitsui O.S.K. Lines has announced that MOL and Oshima Shipbuilding have jointly obtained Approval in Principle (AIP) from Nippon Kaiji Kyokai (ClassNK) for the design of a hard sail system. The system converts wind energy to propulsive force with telescopic hard sail and is a fundamental technology of the “Wind Challenger Project” that MOL and...
Developer of 3D-based design, engineering and information management software, CADMATIC, has agreed to intensify its cooperation deal with vendor-independent PLM consulting and software company PROSTEP. The companies have signed a Letter of Intent (LoI) to enter a closer partnership to deliver end-to-end digital shipbuilding and shipping solutions. The intention of the partners is to further...
ABS has granted Approval in Principle (AIP) to Daewoo Shipbuilding and Marine Engineering (DSME) for its 165,000 CBM Jumbo Ethane/Ethylene carrier design. Under this design, the IMO Type B cargo tanks would be constructed out of High Manganese Austenitic Steel (Hi-MN Steel), which DSME says is more cost competitive than Ni alloy steel as well...
ABS, Hyundai Heavy Industries (HHI) and Hyundai Global Service (HGS) have agreed on a framework for the exchange of Digitalisation and Decarbonisation (D&D) concepts to apply to present and future designs. This new framework will be an industry first D&D ecosystem between class, shipyard and ship service company. The new framework enables HHI, HGS and...
UK naval architecture outfit Chartwell Marine has announced investments into three key areas to support its growing vessel design and consultancy contracts. The first is in personnel, with two new permanent staff joining the seven-strong specialist design team, and the appointment of reputed naval architect, Professor Bob Cripps, as non-executive director. The second is in...
Kawasaki Kisen Kaisha (“K” Line) and Namura Shipbuilding have signed a joint Approval in Principle (AiP) for the concept design of a liquefied natural gas (LNG)-fuelled Ore Carrier from DNV GL. The work for the LNG-fuelled carrier has complied with environmental and actual operation based on the second generation WOZMAX of Namura Shipyard. WOZMAX is...
ABS’ Energy Efficiency Design Index (EEDI) Phase 3 Compliance Debrief for Large Bulk Carriers and Tankers has been published, providing insight into current EEDI regulations, the compliance landscape, technical measures for large ships to achieve compliance, and energy efficiency technologies. The IMO’s EEDI is a key component to reduce greenhouse gas emissions by 2030 and...
C-Job Naval Architects will expand its business to the United States by opening a dedicated branch office in Houston, Texas this summer. The move follows increased activity in the US by the Dutch naval architecture firm. To further deepen its ties to the US, C-Job entered into a strategic partnership with Seattle-based naval architecture firm...
Lloyd’s Register (LR) has signed an agreement with COSCO Shipping LNG Investment, COSCO Shipping Heavy Industry, Jiangnan Shipyard, Marine Design and Research Institute of China (MARIC), Shanghai Ship and Shipping Research Institute (SSSRI) and China Classification Society (CCS) to design and develop the first 220k LNG carrier with a GTT Mark III membrane containment system....
Wärtsilä, Oshima Shipbuilding, and DNV GL have delivered the first results of their joint industry development project, which was to design a 62,000 DWT Ultramax Bulk Carrier optimised to actual operating profiles. The design also meets upcoming emissions requirements and indicates that it is possible for conventional merchant vessels to significantly reduce their emissions in...