ISLAND VENTURES II LLC

The crew of a ship carrying around 3,000 vehicles, including 800 electric vehicles, abandoned it off the coast of Alaska after a fire broke out onboard, its operator Zodiac Maritime said on Wednesday.The 22 crew members were safely evacuated from the ship after they failed to put out the fire, Zodiac said as it focuses on salvaging the vessel.They were evacuated via lifeboat and were being transferred to a nearby merchant vessel Cosco Hellas in tandem with the U.S. Coast Guard.The vessel, Morning Midas, was located 300 miles (482.8 km) southwest of Adak in Alaska, the Coast Guard said on its X account.

KR (Korean Register) signed a Memorandum of Understanding (MoU) with HD Hyundai Heavy Industries (HD HHI) to jointly develop a very large ethane carrier (VLEC).The new VLEC to be developed under the partnership will have a cargo capacity exceeding 100,000 m3.It will be designed to maximize cargo volume while minimizing changes to the main specifications of conventional vessel designs.Additionally, the vessel will be capable of transporting a variety of cargoes, such as LPG and propylene, enhancing operational flexibility and market responsiveness for shipowners.Under this joint project, HHI will take the lead in the vessel’s basic and hull design.

Classification Society DNV has granted Approval in Principle (AiP) certificates to Hudong-Zhonghua Shipbuilding for three new vessel designs.The AiPs highlight the ongoing collaboration between the two organizations and reinforce their shared commitment to supporting the continued development of Chinese shipbuilding and the maritime industry’s low-carbon transition and technical advancement.The three AiPs represent the continuing advancement of Hudong-Zhonghua Shipbuilding in key shipping segments, to meet the global demand for energy as well as the more efficient transport of goods through alternative fuels.

How can the global energy grid keep pace with fast-growing demand from new data centers supporting artificial intelligence (AI) and cloud computing? Nuclear energy and coastal waters offer a potential answer.The potential for floating nuclear-powered data centers is explored in depth in the latest research from ABS and Herbert Engineering. Pathways to a Low Carbon Future Floating Nuclear Power Data Center details design considerations for a floating data center that would use large river estuaries or coastal waters as a heat sink for both servers and small modular reactors (SMR) onboard a purpose-built barge.

Amplus Energy Services has selected Astican Shipyard in Las Palmas de Gran Canaria to undertake a major multi-million-dollar work scope to prepare its newly-acquired Petrojarl I floating production, storage and offloading (FPSO) unit for redeployment.The Petrojarl I - most recently in operation offshore Brazil - will undergo a critical reactivation and readiness program at the Spanish facility, strategically located off the northwest coast of Africa.As the most frequently redeployed FPSO in the industry, the vessel continues to attract strong market interest thanks to its renowned operational flexibility and proven performance.