Operations

FinCo Fuel Group and GoodFuels join forces to accelerate renewable fuels
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FinCo Fuel Group and GoodFuels join forces to accelerate renewable fuels

FinCo Fuel Group has expanded its network with the acquisition of a majority stake in GoodNRG, holding company of renewable fuels pioneer GoodFuels. The acquisition will enable GoodFuels to tap into the complimentary sourcing, supply management and logistics expertise of the wider FinCo Fuel Group. Both parties expect to contribute to a further reduction of...

TMC launches fuel saving air lubrication system compressors
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TMC launches fuel saving air lubrication system compressors

Norwegian company TMC Compressors of the Seas (TMC) is launching a range of marine compressors for use in combination with air lubrication systems (ALS) to help ships further reduce fuel consumption and air emissions. Air lubrication system is a method used to reduce the resistance between the ship’s hull and seawater by using air bubbles....

The missing link in vessel performance
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The missing link in vessel performance

The shipping industry has stepped up its investment in digital tools and technologies to optimise ship performance, cut costs, and tackle shipping’s contribution to global climate change, but CEO of Norwegian technology company Miros believes some companies are missing an important trick. “We see a lot of investment in equipment like propellers and coatings, better...

Scrubber-fitted vessels the early winners in IMO 2020 transition
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Scrubber-fitted vessels the early winners in IMO 2020 transition

A volatile first half could see big moves in hi-lo price differential but the trend of falling HSFO prices gives the advantage to users of scrubber systems, says Maritime Strategies International. Maritime Strategies International (MSI) has added new functionality to its MSI Horizon data platform to enable users to calculate the earnings premium for scrubber-fitted...

Wärtsilä exhaust gas cleaning system gets CCS type approval
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Wärtsilä exhaust gas cleaning system gets CCS type approval

Wärtsilä’s exhaust gas cleaning system (EGCS) has been type approved by the China Classification Society (CCS). This follows the order for the system from Dalian Shipbuilding Industry for installation onboard the ‘New Treasure’, a new Very Large Crude Carrier (VLCC). The ship is being built for Associated Maritime of Hong Kong, part of the China...

Norwegian Maritime Directorate issues first vessel e-certificates
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Norwegian Maritime Directorate issues first vessel e-certificates

The Norwegian Maritime Directorate has issued the first electronic vessel certificates that document that a shipping company has sufficient insurance to cover any claims for oil spills. The Transitional Civil Liability Convention for Oil Pollution Damage (CLC) certificate and the Certificate on Civil Liability for Bunker Oil Pollution Damage (CLB) are the first certificates to...

Lack of sulphur surcharge transparency raises market concerns, says Xeneta CEO
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Lack of sulphur surcharge transparency raises market concerns, says Xeneta CEO

CEO of ocean & air freight rate benchmarking and market analytics platform Xeneta has voiced his concern around the lack of transparency on surcharging for the compliant and more expensive fuels needed to meet the IMO 2020 regulation. Patrik Berglund, CEO, Xeneta, says that this lack of transparency is, “fuelling growing criticism and unease within...

Bringing the value of expert knowledge closer to customers
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Bringing the value of expert knowledge closer to customers

The environment is virtual, but the expertise is real; MacGregor’s Jan Finckenhagen, training manager, offshore solutions division and Floor Meijs senior manager digital solutions, explain how virtual reality crew training can make complex operations safe and efficient. Effective crew training is essential within the offshore industry, with some elements being a mandatory requirement and other...

The ins and outs of scrubbers with Yara Marine
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The ins and outs of scrubbers with Yara Marine

Answers by M.Sc. Chem. Eng. Anders M. Sørheim How important is material quality when selecting a scrubber system? If the intention of a scrubber installation is to operate the scrubber for the lifetime of the vessel, assuming a minimum of 10 years, then the material quality is imperative. A study performed by the American stainless-steel...

Weathernews reports increased Northern Sea Route voyages in 2019
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Weathernews reports increased Northern Sea Route voyages in 2019

Weathernews, which supports safe navigation through the Arctic, has reported record-breaking heat in the Arctic this year, with sea ice decreasing at the fastest rate in the history of observation. This has led to an increase of voyages through the Northern Sea Route (NSR). The melting Arctic ice has had a significant effect on ships...

Ascenz signs up as Inmarsat Fleet Data provider
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Ascenz signs up as Inmarsat Fleet Data provider

Ascenz has signed an agreement with Inmarsat to become one of its Certified Fleet Data Application Providers. The tie-up will enable shipowners and operators to access greater value-added services of real-time fuel consumption monitoring and other performance analytics capabilities. Inmarsat’s Fleet Data collects data from onboard sensors, pre-processes it, and via the Inmarsat Network, uploads...

5 benefits of IMO 2020
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5 benefits of IMO 2020

The International Maritime Organization (IMO) has published an infographic that outlines some of the major benefits of the global sulphur cap that is due to enter into force on January 1, 2020. From 1 January 2020 the global upper limit on the sulphur content of ships’ fuel oil will be reduced to 0.5 per cent...