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Tuesday, November 29, 2022

Image courtesy Odfjell

Marlink Helps Drive Odfjell’s Digital Strategy

Marlink signed an agreement with Odfjell Management AS to provide seamless access to global enterprise and crew applications across 52 vessels. The contract includes 43 vessels managed by Odfjell Management Norway and another nine operated by Thome Management Singapore. Marlink will deploy its hybrid connectivity solution to the fleet, including high throughput VSAT, L-band and 4G services using software-defined routing (SD-WAN) for seamless, intelligent data flow via Marlink’s…

Image courtesy of Nanshan Group

Svanehøj Inks Deal to Supply Chinese LNG-import Terminal

In February 2023, Svanehøj Tank Control Systems will deliver the tank gauging system for COOEC’s six new LNG tanks for the Longkou Nanshan LNG Terminal which is under construction.Global investments in LNG are increasing, not least in China, which is currently constructing around 40 LNG tanks with the capacity of 220,000 cu. m. To secure the LNG storage, one of the largest EPCI contractors for offshore oil and gas industry in the Asia Pacific region, COOEC, has chosen Svanehøj Tank Control Systems to implement tank gauging system to improve safety on six new LNG tanks of 220…

(Photo: SAAM)

Shareholders Approve SAAM's $1 Billion Terminals Sale to Hapag-Lloyd

SAAM shareholders at an extraordinary shareholder’s meeting on Tuesday approved a deal valued at about $1 billion to sell 100% of the shares of its subsidiaries SAAM Ports and SAAM Logistics, as well as the real estate assets belonging to the logistics business, to the German liner shipping company Hapag-Lloyd.The agreement, first announced earlier this month, consists of selling SAAM’s stakes in the 10 port terminals it operates in six countries in the Americas (five are in Chile)…

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Transnet Agrees Wage Deal with Majority Labor Union

South African state-owned logistics firm Transnet said on Monday it had agreed a three-year wage deal with the union representing the majority of its workers, ending a two-week strike that had hit commodities exports and piled up millions in losses."Transnet and the company's majority union United Transport and Allied Trade Union (UNTU) reached a three-year wage agreement today," it said in a statement, adding the deal would bring most of its employees back to work.UNTU members…

Image courtesy Viking

CMA CGM Inks Deal for Fleetwide Adoption of HydroPen Firefighting Tool

Viking Life-Saving Equipment secured a major order for its container fire-fighting tool HydroPen, following a decision by the CMA CGM Group to adopt the solution across its entire fleet.In 2020, CMA CGM ordered HydroPen sets to equip its larger containerships. The latest order means that CMA CGM will use the system on over 270 ships.HydroPen is attached to the deck hose as a combined drill and spray unit which penetrates the door of the box before extinguishing the fire at source.

© giannis/AdobeStock

Two Binding Bids for Greek Port

Greece received two binding bids for a majority stake in its northern port of Alexandroupolis, the country's privatizations agency HRADF said.The bidders for a 67% stake in the port were Quintana Infrastructure and Development through Liberty Port Holdings Single Member, and International Port Investments Alexandroupolis, a joint venture of Black Summit Financial Group, Euroports, EFA Group and GEK Terna, the agency said in a statement.The deadline for the bids expired earlier on Thursday.

Shoei Kisen Kaisha - one of Japan’s largest shipowners and managers. Image courtesy Shoei Kisen Kaisha/NAVTOR

Shoei Kisen Kaisha ink deal for Fleetwide install of NavFleet

NAVTOR secured an agreement with Shoei Kisen Kaisha, Ltd., one of Japan’s largest shipowners and managers, to deliver the NavFleet application across itsfleet of managed vessels. Shoei Kisen, a part of Imabari Shipbuilding, Japan’s largest shipbuilder, will introduce NavFleet to the existing NAVTOR digital ecosystem onboard its bulk carriers and container ships. This integrated system includes the NavStation digital chart table software (with automated Passage Planning), NavBox…

The potential benefits – both commercial and environmental – are “enormous” according to Bjørn Åge Hjøllo, Chief Sustainability Officer, NAVTOR. Photo courtesy NAVTOR

Digitalization: NAVTOR, Veracity by DNV Partner

NAVTOR signed an Integrated Partner agreement with Veracity by DNV, a deal intended to help shipowners and operators simplify reporting, enable sustainable shipping and unlock green finance.“Our ecosystem collects, aggregates and utilizes enormous amounts of business-critical data,” said Bjørn Åge Hjøllo, Chief Sustainability Officer, NAVTOR. “That is used to make shipping safer, simpler and more efficient – automating tasks, reducing fuel consumption, saving costs, and, in short, delivering complete asset awareness and control for our customers.

"We chose the BOSS Suite for our Cape and Baby Cape Fleet since it met our needs for optimizing voyage operations, while enabling us to see real-time CII analytics for the vessels in one platform," said Capt. Dexter Jeremiah, Managing Director Operations at Oldendorff. Image courtesy Blue Water/Oldendorff

Oldendorff Inks Deal for BOSS Voyage Optimization Suite

German bulk carrier company Oldendorff Carriers -- which operates about 700 ships globally -- and Blue Water signed a contract to implement Blue Water’s BOSS Voyage Optimization Suite for Oldendorff’s cape and baby cape fleet of owned and time chartered vessels.The BOSS Suite is designed to help propel Oldendorff’s efforts towards a greener maritime trade by reducing emissions through intelligent voyage optimization, weather routing, vessel performance analysis and efficient fleet management.“After one year of successful trials…

Representatives of Great Lakes Dredge and Dock Company, International Port of Memphis and USACE. (Photo: Jessica Haas / USACE)

USACE Awards Mississippi River Harbor Dredging Contract

Houston-based dredging contractor Great Lakes Dredge and Dock has been awarded a contract from the U.S. Army Corps of Engineers' Memphis District for the rental of a 24-inch hydraulic cutterhead dredge, discharge pipe, and attendant plant for harbor dredging along the Mississippi River.The $7,335,450 contract was awarded June 2, 2022, with an anticipated completion date of February 28, 2023.A total of nine harbors were awarded, with actual dredging scheduled to take place from July 1, 2022, through December 2022.

The New Lock at the Soo Artistic Rendering depicts how the Soo Locks will look once the New Lock at the Soo is complete in Sault Ste. Marie, Mich. (Image: Ricky Garcia / USACE)

USACE Awards $1 Billion Contract for New Lock at the Soo Phase 3

The U.S. Army Corps of Engineers' Detroit District said it anticipates Phase 3 construction will start this summer following a $1.068 billion contract for the New Lock at the Soo Phase 3 awarded July 1, 2022.This contract allows the contractor Kokosing Alberici Traylor, LLC (KAT), a joint venture headquartered in Westerville, Ohio to begin constructing the largest phase, the new lock chamber and rehabilitation of the downstream approach walls. With continued funding, the remaining work, valued at $803.95 million may be awarded over the next three years.

(Photo: Pibara Ports Authority)

Total AMS Bags Port Hedland Piles Refurbishment Contract

Total AMS, part of the TAMS Group, has been awarded the contract for the Port of Port Hedland Berth 1 piles refurbishment, the Pibara Ports Authority said.As part of the project, piles will be refurbished and a pile wrapping system will be installed as a preventative strategy to extend the structure's life by at least 20 years.Approximately 92% of the contract value is expected to be spent in Western Australia.Work is due to commence in June and take approximately six months to…

(Photo: Port Houston)

Port Houston Awards $450 Million in Contracts for Channel Expansion

The Port Commission of the Port of Houston Authority met in a special session and awarded two of the largest contracts in the organization’s history. The Commission approved the staff’s recommendation to award Weeks Marine and Curtin Maritime Corporation contracts totaling $430 million to complete the remaining Galveston Bay segments of the Houston Ship Channel expansion project.“It’s an exciting day for Port Houston and the entire region and the millions of people who rely on the Houston Ship Channel for their livelihood and to bring them essential goods,” Chairman Ric Campo said.

Photo courtesy MSC

MSC Signs On with Kongsberg Digital to 'Digitalize' 500 Ships

Kongsberg Digital and MSC has signed a contract for digitalizing MSC’s entire fleet consisting of approximately 500 vessels with Vessel Insight.“This is a very important contract for MSC as making our fleet more sustainable is one of our top priorities. With Kongsberg Digital and the Vessel Insight data infrastructure we will be able to optimize our vessel operations to become more effective, sustainable, and safer. The maritime industry is facing strict regulatory requirements to cut emissions and become more sustainable…

Image courtesy NYK/theDOCK

NYK to Invest in theDOCK’s Navigator II Fund

NYK  signed an agreement to invest in “Navigator II,” an investment fund managed by theDOCK, an Israeli venture capital firm specializing in maritime technology. Navigator II invests in and supports startup companies that research and develop innovative technologies in the fields of shipping, ports, and supply chains. Through Navigator II, NYK will promote open innovation with startup companies by identifying new technologies and ideas that will strengthen existing businesses and create new businesses.In the past…

U.S. Army Corps of Engineers Buffalo District contractor Ryba Marine Construction Co. pumps dredged material from a scow in Toledo Harbor into a confined disposal facility, Toledo, Ohio, November 4, 2020. USACE Buffalo District is responsible for maintaining federal navigation channels in harbors and waterways across lakes Erie and Ontario. (U.S. Army Photo by Jess Levenson)

Toledo Harbor Dredging Contract Awarded

The U.S. Army Corps of Engineers (USACE), Buffalo District awarded a $4,565,000 contract to Michigan-based Ryba Marine Construction Company on May 17 to conduct dredging of the federal navigation channel in Toledo Harbor and the Maumee River.Dredging of harbors like Toledo’s and rivers like the Maumee ensures accessible depths for large vessels, the continued flow of commodities across the Great Lakes, and the economic viability of United States waterways.“The heavy manufacturing and maritime transportation sectors are at the heart of Northwest Ohio’s economy.

Braemar inks deal with UK MOD

Braemar signed a seven-year contract with the UK’s Ministry of Defence (MOD) to provide global shipbroking services across all commercial maritime sectors. Under the contract, Braemar will provide the MOD with access to its S&P, chartering and research departments across Braemar’s 14 global offices. The seven-year contract encompasses all aspects of S&P, as well as spot and period chartering for routine and emergency response requirements globally.

Image courtesy Ritz-Carlton Yacht Collection/ABB

Pair of Ritz-Carlton Yacht Collection Vessels to Sport Azipod Propulsion

ABB inked a deal with Chantiers de l’Atlantique for Ritz-Carlton Yacht Collection to supply the electric propulsion systems and remote support for the luxury cruise operator’s two forthcoming mega-yachts. The ships are the second and third in a series that began with Ritz-Carlton Evrima, to start operations later this year, also featuring ABB technologies on board.With a capacity of 456 passengers, the two yachts will be larger than the 298-passenger Evrima while maintaining the exclusivity and personalized service that differentiate Ritz-Carlton.

Credit: AD Ports

AD Ports' SAFEEN Feeders in Trade, Shipping Deal with Saif Powertech

AD Ports Group's feeder service, SAFEEN Feeders, has signed a long-term trade facilitation and shipping agreement with Saif Powertec Limited, a listed firm in Bangladesh that is active in ports, logistics, civil engineering, and power sectors.Under the terms of the agreement, the two companies will collaborate to facilitate trade and cargo services from Fujairah to Bangladesh over a period of 15 years. As part of the collaboration, SAFEEN Feeders is expected to provide eight Supramax bulk carriers with 55…

U.S. Army Corps of Engineers, Buffalo District contractor Ryba Marine Construction Co. dredges the Buffalo Harbor in Buffalo, NY, September 23, 2020. (Photo: Jess Levenson / U.S. Army)

Buffalo Harbor Dredging Contract Awarded

Michigan-based Ryba Marine Construction Company has secured a $991,500 contract from the U.S. Army Corps of Engineers (USACE), Buffalo District to perform dredging of the federal navigation channel in Buffalo Harbor, ensuring accessible depths for large vessels, the continued flow of commodities across the Great Lakes and the economic viability of United States waterways.“In addition to the increase in recreational use along Western New York waterways, the Buffalo and Niagara…

Copyright Igor Kardasov/AdobeStock

Maritime Subcontracting: 'Do it Right' for Successful Projects

Within the maritime sector not enough attention is paid to maritime subcontracting. And yet, it is as important as the main contracts that maritime main contractors conclude with their clients, such as shipping companies and buyers of superyachts. The same applies to the oil & gas and renewable energy industry. Thomas van Tol, co-founder of The Synergy Partner, writes: "As many maritime main contractors do not conclude contracts with their subcontractors in the right way, they take major risks for themselves as well as for their clients. Most of the time they are not aware of it.

Photo courtesy Yara

Oldendorff Inks Deal with Yara for Scrubbers

Oldendorff Carriers signed a deal last week in Oslo with Yara Marine for the installation of U-type scrubbers on two newbuild capesize vessels.Torsten Barenthin, Oldendorff Carriers' Director of Innovation, and Aleksander Askeland, Yara Marine Technologies' (YMT) Chief Sales Officer, have signed an agreement for the first installation of YMT’s new U-type SOx scrubbers on board two bulk carriers at the Nor-Shipping conference and exhibition in Oslo on Wednesday, 6 April 2022. This…

Image courtesy Miros

Miros RangeFinder finds a spot in pair of Vietnam Port Projects

Miros, in association with its Vietnam partner Reecotech, won  two contracts to support industrial projects with its RangeFinder solution. The Miros RangeFinder is a dry, radar-based sensor measuring airgap, tide, water level, draught, and waves, offering millimetre accuracy in all weather conditions. The sensor, which was chosen for its ability to reliably deliver high data quality, will be implemented as part of tailored automated weather and sea monitoring systems.The first…

(Photo: Great Lakes Dredge & Dock Corporation)

Great Lakes Reports $132.3 Million in Dredging Contracts

Houston-based dredging services provider Great Lakes Dredge & Dock Corporation announced it has received several major dredging awards totaling $132.3 million.The awarded work includes:Coastal Storm Risk Management Rockaway Inlet Beach Fill Subcontract (Coastal Protection, New York, $37.2 million)South Atlantic Division Regional Harbor Dredging Project (Maintenance, Georgia, North Carolina and South Carolina, $25.8 million)Avon Village Beach Nourishment and Buxton Renourishment Project (Coastal Protection…

Photo courtesy Jan De Nul

Jan De Nul, W&O Ink Marine Valve Deal

W&O signed a new supply agreement with Jan De Nul Group, a leading civil engineering and dredging companies, a deal which expands upon the existing 10-year relationship and will see W&O supply marine valves and instrumentation to Jan De Nul Group.The two-year supply aims to ensure product availability, a fixed price, and, when needed, technical advice for upcoming drydocks or special refit projects. Jan De Nul is one of the largest marine contractors in the world, operating a fleet of more than 80 dredging and offshore installation vessels in many remote areas across the world.

(Photo: Jess Levenson / U.S. Army)

Cleveland Harbor Dredging Contract Awarded

The U.S. Army Corps of Engineers (USACE), Buffalo District awarded a $5.98 million contract to Michigan-based Walsh Service Solutions on March 10 to conduct dredging of the federal navigation channel in Cleveland Harbor.Dredging, which is scheduled to take place during two seasonal periods, from May to July and October through December, will ensure accessible depths for large vessels and the continued flow of commodities across the Great Lakes.A total of approximately 250,000 cubic yards of material is contracted to be mechanically dredged from the bed of the harbor between the two periods.

© mandritoiu / Adobe Stock

Newark Bay Maintenance Dredging Planned for August

U.S. Army Corps of Engineers’ New York District seeks a contractor for maintenance dredging of portions of the Newark Bay, New Jersey, Federal Navigation Project.Plans and specifications are expected to be available in April, bid opening in May and a contract award in July. The proposed work is anticipated to take place between August 2022 and March 2023. Estimated cost is between $25 million and $100 million.Check SAM.gov for details. Use Notice ID W912DS22B0010 to search. Response date is March 16.The dredge is to remove approximately 600…

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Indefinite Quantity Contracts, Design Bid Build for the Great Lakes and Ohio River Division

The U.S. Army Corps of Engineers’ Huntington District intends to award “Indefinite Delivery Indefinite Quantity Contracts for Design Bid Build Marine-Based Construction Projects” in the Rivers Districts of the Great Lakes and Ohio River Division. This encompasses the Huntington, Louisville, Nashville, and Pittsburgh Districts.This is an unrestricted, $75 million contract with a target of five awards: a base period of one year and four one-year option periods.Requirements include the ability to mobilize “sizeable crews” to multiple sites and provide multimillion-dollar bonding.

Advanced Polymer Coatings President David Keehan Photo courtesy APC

Marine Coatings: APC Reports Maritime Sales Up 40% in '21

Advanced Polymer Coatings (APC), the owner of the MarineLINE cargo tank coating brand, announced its most successful year of trading with maritime sales growing by 40% in 2021.By it's own reckoning the Ohio-headquartered company says it accounts for more than 12% of the global cargo tank coating market, specified on more than 700 ships, with 56 ships coated equating to over 750,000 sq. m. of MarineLINE applied in 2021.Growth is being driven by a rapidly changing shipping landscape…

Photo courtesy Svanehøj

LNG Newbuilds Drives Svanehøj to Record Order Intake in 2021

Demand for LNG-fuelled newbuilds is growing across the shipping industry, and with it Danish pump specialist Svanehøj reports it has quadrupled its sales of fuel pump solutions in 2021 and is heading for an all-time high order intake. 2021 has been a record year for new LNG dual-fuel shipbuilding contracts, which has a very positive impact on the order books at Svanehøj. The company reports 2021 was a banner year with an order intake of nearly $122 million, or 50% more than the previous record set in 2014.Svanehøj’s patented DW fuel pump solution is one of the main growth drivers.

Havnekraft AS wants to offer shore power to the cruise ships calling at Garpeskjærskaien in Haugesund and has given Zinus the task of developing the next generation shore power connection for these vessels. (Photo: Karmsund Port Authorities)

Zinus Develops New Shore Power Solution for Cruise Ships

The Norwegian company Havnekraft has awarded Zinus a contract to develop and deliver a new and flexible shore power solution for cruise ships calling at Haugesund Cruise Port. Several international ports are also showing great interest in the solution.For several years, Zinus has offered the Shore Power Cruiser – a mobile and flexible system for transmitting high-voltage shore power to cruise ships and other large vessels. The company is now taking the technology one step further…

© Alexey Seafarer / Adobe Stock

Manson Wins Dredging Work in Saint Marys, Ga.

Seattle-based Manson Construction Co., has been awarded a $16,945,950 firm-fixed-price contract for maintenance dredging in Saint Marys, Ga. The work is expected to be completed by May 7, 2022.Bids were solicited via the internet with two received, according to the U.S. Department of Defense. U.S. Army Corps of Engineers, Jacksonville, Fla., is the contracting activity (W912EP-22-C-0001).Fiscal 2022 operation and maintenance, defense-wide funds in the amount of $16,945,950 were obligated at the time of the award.Manson currently has under construction the U.S.' largest ever hopper dredge…

(Photo: AD Ports Group)

AD Ports Inks Partnership Deal with Turkiye Varlik Fonu

In the presence of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, Deputy Supreme Commander of the UAE Armed Forces, and Chairman of the Abu Dhabi Executive Council, and President Recep Tayyip Erdogan, AD Ports Group and Turkey’s Turkiye Varlik Fonu today signed a strategic partnership agreement to collaborate on major investment opportunities for port development and operations, and to coordinate efforts to examine other logistics-related investment projects within Turkey.The agreement was signed by Captain Mohamed Juma Al Shamsi…

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Gulf Energy Seals $927 Million Port Deal with Thai Government

Thai power producer Gulf Energy Development Pcl on Thursday said its consortium had signed a deal worth 30.9 billion baht ($927 million) with the country's port authority for construction and operation of container terminals.The firm, among the country's largest private power producers, is owned by Thai billionaire Sarath Ratanavadi and has been investing billions of dollars to expand its infrastructure business."Gulf will use accumulated experience in developing and managing large-scale infrastructure projects in Thailand and overseas to develop the port…

YounJae Lee, the CEO and Founder of Zinus, Ditlev Blicher, Head of Asia Pacific at Maersk, and Adam Farmer, the Representative Director and Head of Sales of North East Asia at Maersk, among others, participated in the signing ceremony. (Photo: Maersk)

Maersk Inks MoU On Global Integration Of Zinus' Logistics

Global eCommerce furniture company Zinus signed a Memorandum of Understanding with container shipping company Maersk to become its preferred global integrator of logistics.Under the MOU, the two parties expressed their intent for Maersk to provide a stable supply of shipping containers in 2022, as well as additional logistics services. The parties intend to continually grow and strengthen the strategic partnership globally over at least a 10-year period.In the short term, the…

(Image: Pilot LNG)

Galveston LNG Bunkering Infrastructure FEED Contract Awarded

Pilot LNG, developer of the Galveston LNG Bunker Port (GLBP) project, announced that it has awarded the front-end engineering and design (FEED) contract for the project’s marine infrastructure engineering to W. F. Baird & Associates.Baird will provide a variety of services to Pilot LNG including design of marine structures, metocean modeling including storm surge and tidal currents, dredging design and dredged material placement analysis, and support for vessel maneuvering assessments.

The Port Commission of the Port of Houston Authority holds Special Meeting on Tuesday, Oct. 12 and awards a $95 million contract for the first major dredge construction work to start on the billion-dollar Houston Ship Channel expansion and deepening program, Project 11.

Great Lakes Wins $95 Million Contract for Port of Houston Dredging

The Port Commission of the Port of Houston Authority met Tuesday in a special meeting to consider the first dredge contract for Project 11, the Houston Ship Channel billion-dollar expansion and deepening program.Great Lakes Dredge & Dock Company, LLC was awarded up to $95,375,349 to dredge 11½-miles of the 52-mile channel, widening a major portion of the Galveston Bay reach from 530 to 700 feet. The work includes the construction of a new bird island and oyster mitigation.Port Houston negotiated multiple options and selected the approach with the most reduction in overall NOx emissions…

(Photo: Port of Corpus Christi)

Army Corps Awards Contract for Corpus Christi Channel Improvement

The U.S. Army Corps of Engineers (USACE) on Friday awarded a $139 million construction contract to Great Lakes Dredge & Dock Company, LLC. (GLDD), to complete the third phase of the landmark Port of Corpus Christi Ship Channel Improvement Project (CIP). The four-phase infrastructure project will increase the Corpus Christi Ship Channel depth from -47 feet Mean Lower Low Water (MLLW) to -54 feet MLLW and widen it to 530 feet, with an additional 400 feet of barge shelves.Phase 3 will extend west of the La Quinta Junction through the Chemical Turning Basin in the Port’s Inner Harbor.

V-Bunkers placed an order to build two electric-hybrid bunker tankers. Photo courtesy Vitol.

V-Bunkers Orders Pair of Electric-Hybrid Bunker Tankers

Vitol’s Singaporean bunker operations company, V-Bunkers, placed an order to build two electric-hybrid bunker tankers, with the intention to deploy them for harbor ops in Singapore.The bunker tankers are being built at an undisclosed shipyard in China with Electric-Hybrid notation and will employ Energy Storage Systems (ESS) technology comprising Lithium ion batteries for energy storage and anautomated Power Management System (PMS) designed to efficiently manage power consumption to reduce GHG emissions.

© hit1912/AdobeStock

2021: The Year of the Containership

What’s not to like about 2021 for container shipping? Freight rates are record high, record amounts of cargo are shipped across the Pacific Ocean, as well as globally, and the previous yearly record for new container ship orders has just been broken (measured in capacity) in less than eight months.As a result of very healthy shipowner bottom lines and carriers experiencing a lack of tonnage, 619 container ships are now on order for future delivery. Of those, 381 have been ordered in 2021 alone and never has 3.44m TEU been ordered in such a short time span.

WER's forecast identifies a demand of more than 35 optimal WTIVs and foundation vessels are required to meet international turbine and foundation installation demand through 2030 amounting to over $10 billion of capex. The Chinese market demand will be met with around 25 additional WTIVs and foundation vessels for close to $4 billion of capex. Photo © Zacharias/AdobeStock

Shipbuilding: International WTIV Market Represents a $14B Opportunity

As of end-June 2021, more than 100 turbine and foundation installation and maintenance vessels will be required for offshore wind projects planned over this decade.More than 100 turbine and foundation installation and maintenance vessels will be required for offshore wind projects planned over this decade. Almost all of the current fleet of international wind turbine installation vessels will be technically redundant as installation vessels by 2025 as a consequence of the rapidly growing wind turbine sizes, greater water depths and increase in foundation size.

© Rostislav Ageev/AdobeStock

Haifa Port Sale Expected to Fetch $600m or More, Bidders Line Up

Four investment groups are looking to acquire the Israeli port of Haifa estimated to be valued as high as $600 million with formal bids expected towards October, sources with knowledge of the matter said.Israel is selling its state-owned ports and building new private docks in an effort to encourage competition and bring down costs. At the same time, warming ties with neighboring Arab countries are creating new trade opportunities and Haifa is well placed to become a regional…

© EvrenKalinbacak / Adobe Stock

Seaspan Forward Fixes Five-year Contracts for 10 Containerships

Seaspan Corporation announced it has forward fixed contracts for 10 containerships with a "major liner customer", bringing the company's total 2021 forward fixtures to 58 vessels, or approximately 50% of its time chartered fleet.The vessels, representing approximately 100,000 TEU in aggregate, were previously scheduled to have four charters expire in 2022, four charters expire in 2023, and two charters expire in 2024, Seaspan said. All 10 vessels have now been fixed through new five-year charter agreements…

© Pawin/AdobeStock

Container Shipping: China-US Box Rates Eclipse $20,000 Mark, a Record

Container shipping rates from China to the United States have scaled fresh highs above $20,000 per 40-foot box as rising retailer orders ahead of the peak U.S. shopping season add strain to global supply chains.The acceleration in Delta-variant COVID-19 outbreaks in several counties has slowed global container turnaround rates.Typhoons off China's busy southern coast in late July and this week have also contributed to the crisis gripping the world's most important method for moving…

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Chinese Firms Seek LNG Cargoes, Demand is Strong

Two Chinese firms are seeking liquefied natural gas (LNG) cargoes for delivery over August to November as summer demand in the southern region remains strong and as companies prepare to meet winter demand, industry sources said.China's Shenzhen Energy is seeking two cargoes for delivery into Yuedong over Aug. 19 to 27 and Oct. 30 to 31, in a tender that closes on Aug. 5, the sources said.Beijing Gas is also seeking cargoes for delivery over September, October and November in a separate tender that closes on Aug.

© Jorge Luna / Adobe Stock

Port of Galveston Signs LNG Bunkering Deal with Stabilis

Galveston Wharves at Port of Galveston and Stabilis Solutions Inc. have entered into a memorandum of understanding (MOU) to facilitate the use of liquefied natural gas (LNG) as a marine fuel at the port.Under the terms of the MOU, the port and Stabilis will work together to provide turnkey LNG fueling solutions to marine vessels calling on the port, including identifying suitable dock space for shore-to-ship fueling operations, obtaining the necessary permits and approvals, identifying and educating potential customers, and executing LNG fueling events.

Guemes Island Ferry Replacement. Image courtesy Glosten

RFP: Electrical Integrators Sought for Skagit Count All-Electric Ferry

Skagit County Public Works and Seattle-based vessel designer Glosten are seeking proposals from electrical integrators to provide the vessel and shore electrical systems and the automated charging plug for the all-electric ferry design to replace the M/V Guemes.The Washington State Legislature recently passed SHB1502, providing authority for the county to select this equipment during the vessel’s contract design. The selected integrator will be required in the bid specifications…

A line drawing of ATB Polaris/Clean Canaveral. Source: McAllister

McAllister to Operate ATB for Polaris New Energy LNG Bunkering Ops

McAllister Towing LNG Services, LLC will serve as technical manager for the Polaris New Energy LNG bunkering operation in Florida, operating the Articulated Tug Barge (ATB) Polaris/Clean Canaveral for Polaris New Energy. “We are excited to work with McAllister Towing because, as one of the oldest marine transportation companies in the US, they bring a tradition for providing unsurpassed operational excellence," said Tom Sullivan, COO, Seaside LNG Holdings, the parent company of Polaris New Energy.

Photo courtesy OceanWise/Port of Waterford

OceanWise Wins Contract to Monitor Tides at Port of Waterford

OceanWise won a contract with the Port of Waterford to help consolidate, manage and better share environmental data collected by a diverse range of environmental sensors across their port jurisdiction.The Port of Waterford operates 24/7/365, and is an estuary where channel depths can vary with tidal height significantly affecting safe vessel passage. OceanWise will support operations by installing the data management system Port-Log, allowing Waterford pilots and port operators…

Image courtesy Stena

Stena RoRo E-Flexer Côte d'Opale Delivered to DFDS

The RoPax vessel Côte d'Opale – Stena's fifth E-Flexer vessel from the Chinese shipyard CMI Jinling (Weihai) – was delivered May 17, 2021 in a ceremony with representatives from Stena RoRo, DFDS and the shipyard.The ship, at 214m long will become the longest ferry operating in the English Channe will enter service during the summer.“Our focus is to adapt the design to our customers' specific wishes, and in this case, DFDS has been very involved in the ship's unique design,” said Per Westling, CEO of Stena RoRo.

© Olivier Le Moal/AdobeStock

DCT Gdańsk Baltic Hub 3 Project: Invitation for Prequalification

DCT Gdańsk S.A. has started a prequalification process to tender for the Baltic Hub 3 Project. DCT invites firms and joint ventures to prequalify to tender for Baltic Hub 3 General Contractor. The project in-cludes:Site establishment and demolition of existing disused Terminal T1 marine structures;Construction of the BH3 quay together with all ancillary works and edge protection structures;Dredging associated with the BH3 reclamation and vessel access, reclamation and earthworks…

(Photo: DP World)

DP World Says Agrees with Ethiopia to Develop Trade Corridor

Dubai's DP World said on Thursday it had signed a preliminary agreement with Ethiopia's transport ministry to co-develop logistics infrastructure in the East African state along a trade corridor connected to Somali semi-autonomous region Somaliland.DP World and its partners anticipate investing up to $1 billion over the next ten years building warehouses, silos and dry ports, the state-owned company said in a statement.The preliminary deal also includes plans to set up a joint venture logistics company.Further details of the joint venture, or how the projects would be funded were not disclosed

Credit: Astilleros Gondán

Astilleros Gondán Orders ABB Package for 10 Electric Ferries

Spanish shipbuilder Astilleros Gondán has tapped ABB to supply all-electric power solutions for ten fast 40-meter urban passenger ferries transporting up to 540 passengers each across Lisbon’s Tagus river.The contract comes a week after Astilleros Gondan said it would start building a series of 10 fully electric passenger ferries for the Portuguese river passenger transport operator Transtejo.The ten new ferries will replace the existing fleet serving this route when they enter service between 2022 and 2024.In addition to energy storage…

Photo courtesy Hamburger Lloyd

Hamburger Lloyd Sells Two Ships to Hapag-Lloyd

Hamburger Lloyd is selling the two widebeam containerships, RHL Constantia (IMO-No. 9495765) and RHL Calliditas (IMO-No. 9495777), to Hapag-Lloyd AG. Hamburger Lloyd will remain responsible for the technical management and crewing of the two freighters. With the purchase of the Constantia and the Calliditas, Hapag-Lloyd AG is expanding its fleet to a total of 17 units in the 4000-6000 TEU ship segment. The RHL Calliditas has already been deployed as a charter vessel for Hapag-Lloyd in the Swahili Express / Gulf India Africa service since 2019.

Photo courtesy The Synergy Partner

Maritime Arbitration? Read These Recommendations Before You Start

Let we get straight to the point. Cases of maritime arbitration are annoying. There are no winners. And yet, unfortunately, it also happens in the maritime sector that maritime companies go to court. Are you also about to start an arbitration? Read these three tips first.First of all, grab your calculatorDo you disagree with, let’s say, a supplier or even a client? Of course, you are right, but bear in mind that the other party thinks that they are. So, what to do? Go to court and hope for the best? Stop!

Image courtesy Kongsberg

Maritime Digitalization: Kongsberg Digital, Nautilus Labs Enter Partnership

Kongsberg Digital and Nautilus Labs announced a partnership to include the Nautilus Platform fleet and voyage optimization tool in the Kognifai open ecosystem. The agreement will see the integration of Nautilus Platform within Kognifai, complementing the applications already in place from Kongsberg Digital and third-party developers. These include Vessel Insight, which provides a secure and dependable vessel-to-cloud data infrastructure which captures, aggregates and contextualizes all data derived from a vessel’s sensors and other assets…

Image of LNG-fueled PCTC to be built. Image courtesy NYK

Ship Tech: GHG Emission Reduction focus of NYK LNG-Fueled PCTC Newbuilds

NYK has concluded a shipbuilding contract with China Merchants Jinling Shipyard (Nanjing) Co. Ltd. for four LNG-fueled PCTCs to be delivered from 2022 to 2023, intended to transport vehicles mainly to/from Europe and/or to the Middle East.The ships are designed with GHG emission reduction, and to that end they will be outfieed with WinGD’s X-DF2.0 iCER main engine, the first time they will be utilized in the world. According to NYK, the engine consumes less gas and reduces GHG by cutting methane emissions from exhaust gas by approximately 50%.

(Photo: Callan Marine)

Callan Marine Wins Dredging Work at Port of Corpus Christi

Texas-based dredging contractor Callan Marine said it has been awarded the long-term contract for maintenance and new work dredging of the Port of Corpus Christi.The Port of Corpus Christi is the third most profitable port in the United States and is the second-largest exporter of crude oil. The channel itself is 36-miles long, with 30+ ship berths serving the cargo, dry and liquid bulk, breakbulk, and wind energy industries.Under its multi-year contract, Callan Marine will provide maintenance and new work dredging of the various docks at the port…

Igor Tonkovidov, President and CEO of PAO Sovcomflot at the signing. Photo courtesy Sovcomflot.

Sovcomflot, Total Ink Timecharter Deal on LNG Transport

PAO Sovcomflot (SCF Group) and Total have concluded a time charter agreement for up to seven years for a newbuild 174,000-cubic-meter-capacity liquefied natural gas (LNG) carrier, scheduled to be delivered Q3 2023 and to be owned and operated by SCF, with options for up to two additional vessels.The new vessel will be the latest in a series of SCF’s new-generation conventional Atlanticmax LNG carriers, with three sister ships already in operation: SCF La Perouse, SCF Barents and SCF Timmerman.The vessel will be fitted with an X-DF propulsion system…

(Photo: Satcom Global)

Arklow Chooses Satcom Global Aura VSAT

Ireland headquartered ship owner and charterer Arklow Shipping has contracted communications solutions provider Satcom Global to install Aura VSAT across 17 newbuild vessels due for delivery from 2021 onward.The new vessels will be activated on a range of Aura service packages, all with Committed Information Rate for guaranteed service quality, and companion options to suit their different sailing patterns. Ten new C-Class vessels will benefit from unlimited Ku-band connectivity with 4G back-up to complement their short sea shipping requirements and operations close to shore.

Schulte Group Acquires Rescompany

Schulte Group invests in digital technology for the cruise sector by acquiring software provider Rescompany. Rescompany Systems Ltd. (Resco) is a provider of advanced hospitality software solutions to the cruise industry, and with its integrated ship to shore software systems, was seen as a perfect match to the services offered by Schulte Group member and digital technology company MariApps Marine Solutions (MariApps). Together, the two companies will be able to offer a comprehensive…

Image: Kongsberg Digital

Kongsberg Sim-based eLearning Solutions for MAAP

Kongsberg Digital reports that the Maritime Academy of Asia and the Pacific (MAAP) has adopted its new K-Sim eLearning solution, as well as commissioning installation of a cutting-edge K-Sim Safety firefighting simulator at its premises in the Philippines.K-Sim Connect has provided more than 23,000 cloud-based simulations to customers worldwide this year.MAAP – a leading institution of excellence for maritime education and training in the Asia-Pacific region – has for decades been a pioneer in the use of new simulation-based training tools.

© luzitanija / Adobe Stock

S. Korea's Daewoo Nets $2.6 Bln Iraqi Port Deal

Iraq agreed a $2.625 billion deal with South Korea’s Daewoo Engineering & Construction on Wednesday to build the first phase at its planned Faw commodities port in the south of the country.Under the contract, signed in Baghdad by representatives of Iraq’s transportation ministry and the South Korean company, Daewoo E&C will handle construction work including building five berths to unload ships and a yard for containers.Daweoo will also carry out dredging and drilling works to create an access navigation channel, Farhan al-Fartousi, Iraq’s director general at the General Company for Ports, tol

"As one of the largest bunkering operators in the United States, we are excited about the synergies this acquisition will deliver to our customers," said Matt Godden, President and CEO of Centerline  Logistics. Photo courtesy Centerline Logistics

Centerline Logistics Acquires Saltchuk Marine Services’ California Ship Refueling Ops

Centerline Logistics acquired Saltchuk Marine Services’ California ship refueling business, currently operated by subsidiary Foss Maritime Company. According to a press release from Centerline, this "major acquisition" brings together the combined capabilities of two of the nation’s leaders in petroleum transportation, strengthening Centerline’s position as a provider of around the clock bunkering (ship refueling) services.Through this expansion, Centerline will "substantially…

© alexlmx / Adobe Stock

Iraq to Sign $2.625 Bln Port Contract with S.Korea's Daewoo

Iraq's government has agreed to sign a $2.625 billion contract with South Korea's Daewoo Engineering & Construction to build the first phase of a giant cargo port in the south of the country, a port manager said on Wednesday.The long-planned and repeatedly delayed Grand Faw port is one of several projects that Iraq hopes will create a shorter transportation corridor between the Middle East and Europe, bypassing the Suez Canal.Under the contract, expected to be signed on Sunday, Daewoo E&C will handle construction works that include building five berths to unload ships and a yard for containers

Image courtesy: The Port of Gdynia Authority S.A.

VIDEO: Port of Gdynia Construction Project Moving Forward

Treasury bonds are issued for the Port of Gdynia Authority S.A. (PGA) to secure funds for the Outer Port Gdynia construction project, funding to be invested in building the access infrastructure in the form of breakwaters.The Port of Gdynia Authority S.A. formally launched a procedure to select a private partner for the “Construction of the Outer Port in the Port of Gdynia” project. The deadline for submitting applications for admission to the qualification procedure is scheduled for January 15…

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Navigate Response will provide a comprehe

Wallem Inks Deal with Navigate Response

Wallem Shipmanagement appointed Navigate Response to enhance its global media response capability, tasked to deliver crisis communications support and training to its global operations on shore and at sea.“Wallem Shipmanagement is committed to investing in technology that primarily enhances the safety of our seafarers and improves security, productivity and efficiency. In Navigate Response we recognize a similar commitment to leveraging digital solutions to deliver world-class crisis communications and on-line training…

Michels Inks Long-term Lease at Port Milwaukee

Port Milwaukee and Michels Corporation have formally signed a lease agreement for nearly 17.5 acres at the port’s Grand Trunk site along the Kinnickinnic River. The agreement has an initial term of 20 years, and, with extensions, could continue for a total of 99 years.The lease signing is the culmination of a process that included a nationwide request-for-proposals along with approvals by the Board of Harbor Commissioners, the Milwaukee Common Council, and Mayor Tom Barrett.“Michels has made it clear the company wants to grow in Milwaukee, and we welcome that,” Mayor Barrett said.

LNG Bunkering Barge currently under construction at Fincantieri Bay Shipbuilding. Image: MacGregor/Fincantieri Bay Shipbuilding

MacGregor Inks Deal to Supply LNG Bunker Barge Hose Handling Cranes

MacGregor received an order from Fincantieri Bay Shipbuilding to supply two fixed boom cranes that will handle the hoses on a new 5,400 cubic meter capacity liquefied natural gas (LNG) bunker barge currently under construction and estimated to be delivered by the end of 2021.The MacGregor Rapp HP63-13F cranes will handle the hoses that transfer LNG from the barge to the LNG-powered vessel during bunkering operations. The hoses will be 63 feet long and designed to handle 6,500 pounds at 42 feet and 1…

© Maksym Dragunov / Adobe Stock

Four New Dual-fuel Bulkers to Support U-Ming Charter Deal

U-Ming Marine Transport Corporation, Taiwan’s largest publicly listed bulk carrier company, secured a 10-year liquefied natural gas (LNG) dual-fuel dry bulk charter contract with global mining company Anglo American.A fleet of four LNG dual-fuel Tier III 190,000 DWT bulk carriers measuring 299 by 47.5 meters each will be built by Shanghai Waigaoqiao Shipbuilding (SWS) to support the charter. The new ships are expected to be delivered through 2023.The ships will be fitted with MAN Energy Solutions’ high-pressure ME-GI engines.

(Photo: Great Lakes Dredge & Dock Corporation)

Great Lakes Wins Jacksonville Harbor Dredging Contract

Great Lakes Dredge & Dock Corporation has been awarded a $105 million Base and Option B contract award on the Jacksonville Harbor Construction Dredging, 47-Foot Contract C Cut-42 Project, the U.S.' largest dredging services provider announced Friday.Great Lakes said it expects the U.S. Army Corps of Engineers to award additional option work items on the contract by mid-2021 with a value of $11.5 million, resulting in a total contract award of $116.5 million.Dredging is scheduled…

Credit: Damen (File Image)

GE's Propulsion Package for Dutch Navy's New Combat Support Ship

Damen Schelde Naval Shipbuilding (DSNS) has ordered energy management and electric propulsion package from GE’s Power Conversion for the new Combat Support Ship (CSS) being built for the Royal Netherlands Navy.The CSS ordered by the Dutch government in December 2019 will be 180 meters in length, will accommodate a 75-persons basic crew, with capacity for an additional 85 persons on-board. GE’s will deliver main switchboards for the ship distribution system, with two shore connection cubicles…

Photo courtesy Marasco Marine Ltd.

The Four Dominant Criteria of Yacht Insurance

It is generally understood that the insurance coverage of a luxurious Yacht can be a headache for her owner, not having the necessary knowledge and sufficient information to make an educated decision with confidence, especially in a changing and challenging international insurance market.Yacht insurance traces its roots in an official sense back to the 17th century and falls within a special category, specifically Marine Insurance, which requires advanced knowledge and experience…

BigRoll Biscay (Photo: ABB)

ABB Lands Software Deal with Roll Group

ABB announced Monday it has won a contract to supply the digital solution ABB Ability Marine Advisory System – OCTOPUS to Roll Group’s recently delivered vessel, BigRoll Biscay.BigRoll Biscay is the eighth vessel in Dutch heavy lift specialist’s fleet to rely on ABB marine software, which improves the safety and efficiency of ship operations by optimizing the route based on weather and forecasted vessel motions.Vessel motion monitoring and forecasting is critical for heavy lift vessels that need to move safely when in transit.

Inmarsat said successful trials in Alaskan waters on board the Aframax tanker California contributed to the decision by Crowley Maritime Corp. to install Fleet Xpress across the majority of its fleet. (Photo: Inmarsat)

Crowley Signs Up to Inmarsat’s Fleet Xpress

Crowley Maritime Corp. has agreed a contract to install Fleet Xpress from satellite communications provider Inmarsat on a majority of its vessels.The 128-year old Florida-headquartered business owns, operates and manages a diverse fleet of close to 200 vessels, including conventional and dual fuel (LNG) containerships, tankers and articulated tug-barges, and ship assist and offshore services tugboats, and various other types of barges.The deal was signed following trials in Alaska on Aframax tanker…

© Vittaya_25/AdobeStock

Insights: Contracts are Overrated in Maritime

My company has been around since 1875, and today we actually still do things that were being done in 1875. We still get calls from underwriters to attend on disasters all over the place, and we are still asked to provide values on ships on a moment’s notice.Moreover, some of the companies that ask us to attend to those issues, in some form or another, also have been around since 1875.That results in a very smooth operational routine, where we get a call from one of those clients in the middle of the night, we pull our pants on, step into the car and go out to see what is going on.

Photo: ESA

CYSEC SA Wins Maritime Cyber Security Contract

CYSEC SA, a cybersecurity company from Switzerland, has been awarded a contract by the European Space Agency (ESA) to develop a solution mitigating the cyber risks related to ship tracking using satellite communications.The digital revolution also impacts the shipping industry by integrating automated navigation, cargo-tracking systems and digital platforms which facilitate operations, trade and the exchange of data. To achieve this transformation, the mitigation of cyber security…

Graphical rendering of the new hybrid RoRo (picture courtesy Finnlines/ Knud E. Hansen)

Finnlines Orders MAN Propulsion Package for New RoRos

MAN Energy Solutions has won the order to supply six MAN B&W 9S50ME-C9.6 Tier II-compliant main engines for three 238-meter roll-on/roll-off (RoRo) vessels intended for operation in the Baltic Sea. The customer is Finnlines PLC., the Finnish shipping company and part of the Grimaldi Group. MAN Energy Solutions’ two-stroke licensee – Hyundai Heavy Industries Co., Ltd. (Engine & Machinery Business Unit) – will build the engines in Korea, while Nanjing Jinling shipyard in China will construct the vessels.

Front row L-R: Nigel Bagster, Managing Director, Communications Australia, L3Harris, and Joe Smith, General Manager, Naval Ship Management.
Back row L-R: Commander Dane Wilson, Sustainment Manager, Amphibious Combat and Sealift SPO, RAN, and Captain Bradley Smith, Director, Amphibious Combat and Sealift SPO, RAN.
 (Photo: NSM)

NSM Signs with L3Harris to Support LHDs

Naval Ship Management (NSM) has partnered with L3Harris Technologies to provide engineering, maintenance and supply chain solutions to support Australia’s largest warship - the Canberra Class Amphibious Assault Ship, also known as the Landing Helicopter Dock (LHD), and its associated assets.Under the 4.5-year subcontractor agreement, L3Harris will be responsible for the Integrated Communication Systems (ICS) maintenance and support, as well as the Through Life Support Facility (TLSF)…

Photo: Valmet

Valmet to Supply Automation for Expedition Cruise Pair

Valmet will supply automation and information systems for two luxury expedition vessels being built by Helsinki Shipyard Oy in Finland for Russia’s largest river cruise company Vodohod Ltd.The 113-meter-long and 20.2-meter-wide vessels will have an ice class of PC5 and a passenger capacity of 157 persons. Their draught is 5.7 meters, and cruising speed is 14 knots. The newbuilds will operate both in the Arctic and Antarctic waters as well as in the tropical waters during the spring and autumn seasons.Valmet’s delivery includes a Valmet DNA automation system…

(Photo: AET)

Total Charters LNG Dual-fuel VLCCs

Malaysian shipowner AET said it signed a deal with Total's Chartering and Shipping Services SA for the time charter of two liquefied natural gas (LNG) dual-fuel very large crude carriers (VLCC). The two newbuilds, which are able to carry about 300,000 tons of crude oil each, are scheduled to be delivered to AET from the first quarter of 2022.The two newbuilds will be powered by LNG and will be among the most environmentally friendly VLCCs in the market. When in service, they will emit around 20% less CO2 greenhouse gases than conventional vessels; 85% less NOx and 99% less SOx.

(Photo: DNV GL)

Klaveness Expands Data Platform Contract with DNV GL

Following a three-vessel pilot project initiated in 2019, Klaveness Ship Management has opted to expand its contract with DNV GL's Veracity to sign up another eight vessels for the data platform service.The pilot saw Veracity partner with Arundo Analytics (Arundo) to install Arundo Edge Agent software onboard and stream data onto the Veracity data platform. On Veracity, the data is secured, stored, contextualized and combined with other data sources such as position data. This ‘fit-for-purpose’ data is then made available by Arundo and Klaveness for analytics…

Patrik Berglund (Photo: Xeneta)

Contracted Rates to Fall Long-term Due to Conoravirus -Xeneta

The container shipping segment appears to have caught coronavirus, with the industry suffering its first monthly fall in long-term contracted ocean freight rates since October 2019. According to the latest XSI Public Indices report from Xeneta, March 2020 saw a small dip of 0.5% in rates after a sustained period of growth. Although these symptoms look mild, the future is characterized by growing uncertainty, with widespread economic disruption and looming global recession likely…

 

Image caption: Svitzer operating in Point Tupper, Canada
 (Photo: Svitzer)

NuStar, Svitzer Extends Contract in Point Tupper

Svitzer has announced a five-year extension of their marine service contract with NuStar.Svitzer has been delivering towage services to NuStar in Point Tupper since 2010. The extension that comes into effect on August 1, 2020 supports NuStar’s Point Tupper Oil Storage facility with three tugs on time charter, performing berthing and unberthing for calling tankers and safety standby services at the terminal.

Photo: Liebherr Container Cranes

DP World Berbera Orders 8 RTG Cranes

Liebherr Container Cranes and DP World Berbera have signed a contract for the supply of eight RTGs for DP World’s terminal in Berbera, Somaliland. The cranes are due to be ready for operation before the end of 2020.The high performance, variable speed diesel RTGs are six containers plus a truck lane wide and will stack one over five containers high. The machines are supplied with DGPS autosteering and stack profiling. Like all Liebherr RTGs, the machines incorporate Liebherr’s eight rope reeving no-sway-system.

Svitzer operating in Sakhalin, Russia. Image Courtesy Svitzer.

Svitzer Gets 10-Year Contract Extension with Sakhalin Energy Investment

Svitzer, the towage operator that is part of Maersk, announced a 10-year extension of its marine service contract with Sakhalin Energy Investment Company Ltd., a consortium set up to develop and manage the Sakhalin-II project, aimed at producing and exporting oil and liquefied gas.Svitzer has been providing towage services to the Sakhalin-II project since 2007, and the extension comes into effect in November 2022 to support the mooring of more than 1,800 gas carriers with a vessel fleet of four Robert Allen ice-breaking tugs and two mooring boats.