Brittany Ferries charters two hybrid LNG-electric vessels

Brittany Ferries is to add two new hybrid LNG-electric ro-pax ferries to its fleet in 2024-2025 as part of its fleet renewal plan, which is one of the pillars of its five-year, post-Covid recovery strategy.

Both new vessels will be chartered from Stena RoRo #vessels  on a 10-year agreement, which includes an option for Brittany Ferries to purchase them after four years. One will replace Normandie on the route between Portsmouth, UK and Caen, France, while the other will replace Bretagne on the route between Portsmouth and St Malo, France.

The ferries will join two other LNG-fuelled vessels in the fleet, Salamanca and Santoña in 2023, which will operate routes between the UK and Spain from 2022 and 2023 respectively.

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Britain’s LR to focus on shipping with sale of division to Goldman Sachs arm

Lloyd’s Register (LR) has agreed to sell its business assurance and cyber security division to Goldman Sachs Asset Management as the company focuses on maritime activities.

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Holyhead Breakwater to undergo refurbishment due to erosion of foundations

A consultation has been launched over plans to refurbish Holyhead Breakwater amid concerns it could fail within the next 15 years.

Investigations of the structure have identified a need for a large scale refurbishment of the Breakwater to ensure that it can continue to receive about 70 per cent of all vehicle movement between Ireland and Wales and the North West.

The work, proposed by Royal HaskoningDHV on behalf of Stena Line, would see the construction of two layers of concrete armour units, weighing 43.5 tonnes each, placed along the breakwater over a width of approximately 40 metres.

Stena Line Ports is asking for the public’s views on the proposed refurbishment as part of its pre-application consultation from June 7 to July 4.

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Taylor Maritime Investments prepares to float $250m shipping trust

Taylor Maritime Investments has announced plans to float on the London Stock Exchange in an initial public offering (IPO) looking to raise $250m.

The target issue is made up of 250 million new ordinary shares at an initial issue price of $1 per share.

The new trust, which was incorporated in Guernsey on 31 March, will invest in a diversified portfolio of vessels, primarily second-hand geared ships.

According to the firm, “these vessels have historically demonstrated average yields in excess of 7% per annum and are capable of being acquired at valuations that are expected to be below long-term average prices”.

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UK government urged to build demonstration ship using retrofitted sails

The UK’s Institution of Mechanical Engineers (IMechE) has a new report out containing recommendations for Boris Johnson and the International Maritime Organization on the reduction of shipping emissions. It follows the recent announcement by the UK government that it will include international shipping within new national carbon emission targets.

In its report Accelerating Decarbonisation in Shipping: A No Regrets Approach Using Wind Power, IMechE calls for the government to support the development of a demonstration ship using retrofitted sails to help shipowners and charterers understand the business case for how wind could be used as a primary propulsion for cargo vessels. Emission reductions of up to 30% could be achieved under the right conditions, the study claims.

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Shipping ‘cannot afford simply to wait for alternative fuels’

Speaking at the Singapore Maritime Technology Conference (SMTC) on Thursday Shell’s Global Head of Shipping Grahaeme Henderson has strongly defended the use of LNG as a marine fuel to reduce emissions today in the wake of a critical report released by the World Bank.

Henderson directly addressed The World Bank report which stated that new public policy support for LNG as a bunker fuel should be avoided.

Shell has been a strong proponent of LNG including for newbuildings and 50% of its chartered in fleet will be powered by LNG by 2023.

While the The World Bank was concerned investment in LNG would turn attention away from developing zero carbon fuels such as ammonia and hydrogen, Hendeson stated, “The sector cannot afford to simply wait for alternative fuels.”

He quoted a study by Sphera, also released last week, that LNG reduces greenhouse gases by up to 23% on a Well-to-Wake basis and up to 30% on a Tank-to-Wake basis compared with current oil-based marine fuels. Meanwhile SOx emissions are nil and NOx greatly reduced.

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Inland navigation barge set to connect Netherland’s two largest hydrogen sources

A grant has been issued by the Dutch Ministry of Infrastructure and Public, under its Green Deal initiative, in support of the first Dutch inland navigation barge powered by hydrogen fuel cells.

The project, administered under the Dutch Green Deal for zero-emission shipping and ports, will not just be a flagship of the Dutch maritime hydrogen movement, but will likewise establish a backbone of maritime hydrogen refuelling options in both the Port of Rotterdam and the northern Netherlands Groningen Seaports.

The ‘Antonie’ will be a newly built inland navigation barge operated by Lenten Scheepvaart which will be responsible for transporting salt between the Port of Rotterdam and Groningen Seaports.

Therefore, this will connect two of the Netherlands largest hydrogen sources via inland waterways.

The charter will be issued by Nouryon, which will also be the hydrogen supplier, and contracted by the NPRC Cooperation with the fuel cell power system being provided by Koedood Marine Group.

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