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CHEM CARRIERS

Mitsubishi Engines for Chem Carrier

lab-pic-18734h_web.jpg

Chem Carriers, the Sunshine, Louisiana-based cargo carrier, once again chose Mitsubishi engines for its new M/V Dorella Banta. The 70 ft x 28 ft x 10 ft, 131-ton towboat was built by Rodriguez Boat Builders.  The twin engines, supplied by Laborde, are Mitsubishi S12A2 series rated at 850 hp at 1,940 rpm.  The 12-cylinder, 34-liter engines are EPA compliant.  The vessel is equipped with 7:1 reduction gears, allowing the engines to turn 75 inch x 73 inch four-blade stainless steel propellers in a 76 inch Type 19A Kort Nozzel. Founded in 1994, Chem Carriers operates 27 barges and 6 towboats carrying chemicals such as caustic soda.  For more than 25 years, Laborde Products has served the Gulf Coast region by distributing Mitsubishi, Yanmar and Hatz diesel engines, as well as FPT/Iveco gensets.  The company packages its own diesel-powered generators, pumps, pressure washers and other custom diesel equipment. (www.labordeproducts.com)


Hyundai Mipo Gets Chem Carrier Contract

Hyundai Mipo Dockyard reportedly won a $60 million order to build two chemical carriers. Following this announcement, the builder's orders to build and repair vessels so far this year to $980 million. - (Reuters)


Astilleros Espanoles Delivers Innovative Chem Carriers

Astilleros Españoles Sestao and Juliana yards have delivered the first two vessels of an inventive series of six stainless steel product/chemical carriers, Stolt Sea and Stolt Sun, both of which have joined the fleet of Stolt Parcel Tankers - the world's largest operator of its kind. One of the most outstanding features of the series of ships are their capability of simultaneously carrying a wide variety of cargoes. Made possible by an extremely compartmentalized cargo arrangement


New & Notables

Bahamas Receives New RoPax Service Ten years ago, a RoRo passenger service called Sealink, commenced in the Bahamas — operating from Nassau to port of Governor's Harbor on the adjacent island of Eleuthera. The vessel that performed this service was an aging 14-knot Greek ferry, which established a solid market within the RoRo sector. Despite its healthy growth spurt, the venture ceased in 1993 resulting from rising repair costs and maintenance, specifically in the machinery department


Odfjell JV Contracts New Chem Tanker

Odfjell's 49% owned joint venture company Odfjell Dong Zhan Shipping (Shanghai) Co. Ltd, has signed a contract for the building of a 8 200 dwt chemical tanker. The ship is a fully coated IMO II type carrier that will be built in China by Zhoushan Penglai Shipbuilding and Repairing Co. The construction of the ship has already started, and delivery is scheduled for late November 2008. Odfjell will be directly involved in the building process and inspection at the building site


Recent Vessel Sales - January 2016

Vessel sales for January 2016 (as of February 1) as prepared by Shipping Intelligence, Inc., New York.   Date Reported - Vessel Name - DWT - Built - (Age) - Price in Millions USD   Bulk Carriers 1/27 - ASIAN TIDE - 7,365 - 08(8) - $1.3 1/20 - SHUEI - 19,968 - 12(4) - $9 1/27 - ORIENTE VICTORIA - 23,920 - 98(18) - $2.4 1/27 - ZINI - 28,412 - 98(18) - $2.8 1/27 - VOGE FANTASY - 29,538 - 96(20) - $2.6 1/12 - LAURA BULKER - 31,890 - 08(8) - $7.5


China Shipping Devt Orders Dry Bulk Carriers, VLOC

China Shipping Development Ltd said it will pay more than $800m for 10 dry bulk carriers and four very large ore carriers. It said the dry bulk carriers were ordered from subsidiaries of its parent, China Shipping (Group) Co. Six carriers of 57,300 dead weight tons and four of 57,000 DWT will be delivered by June 2012 at the latest, the company said. They will be used to transport coal and other bulk cargo. The purchase is subject to approval by independent shareholders of China


Container Lines Achieve Record Score

Container lines achieved a record high on-time service reliability performance, according to Drewry Container Shipper Insight’s latest quarterly schedule monitoring survey, just published. Out of nearly 1,700 ships tracked in the three months between 1 April to 30 June, 69% arrived either on the scheduled day of arrival or a day prior, the best result since Drewry began its schedule reliability survey at the end of 2005.


G.E. Shipping delivers “Jag Padma” to buyers

GE Shipping

  The Great Eastern Shipping Company Ltd. (G E Shipping) today announced having delivered its 1996 built Medium Range Product Tanker “Jag Padma” (47,172 dwt) to the buyers. With the delivery of this vessel, the Company’s current fleet stands at 29 vessels, comprising 21 tankers (8 crude carriers, 12 product carriers, 1 LPG carrier) and 8 dry bulk carriers (1 Capesize, 3 Kamsarmax, 4 Supramax) with an average age of 9.8 years aggregating 2.37 mn dwt.


G E Shipping Contracts to Sell a VLGC

Visual from GE Shipping

  The Great Eastern Shipping Co Ltd. (G E Shipping) has signed a contract to sell “Jag Vidhi”, a Very Large Gas Carrier. The 1990 built vessel of about 49,701 dwt will be delivered to the buyers in the second half of 2014-15. On 21st May this year the company had delivered its 1996 built Medium Range Product Tanker “Jag Padma” (47,172 dwt) to the buyers. Excluding “Jag Vidhi”, the Company’s fleet stands at 28 vessels


Kalmar to Deliver Straddle Carriers for Maher's NJ Terminal

Straddle carriers for Maher Terminals Photo Cargotec

Kalmar has received a large order for  27 straddle carriers from its long-term customer Maher Terminals LLC in Elizabeth, NJ.   The order has been booked into Cargotec's 2015 third quarter order intake and deliveries are expected to be completed during the spring 2016


Dry-Bulk Shipping: Hitting the Bottom

Photo: China COSCO Bulk Shipping (Group) Co

 Dry bulk shipping companies being hit the hardest on account of the deteriorating business climate are likely to be swept by a new wave of bankruptcies, reports Nikkei.   The global commodities bust has rocked the dry-bulk shipping industry


LNG Bulker Cements Thordon's Green Future

JT Cements LNG-fuelled cement carried Greenland undergoing sea trials (Photo: Thordon Bearings)

Sea trials aboard Greenland, the world’s first LNG-fuelled short-sea dry bulk vessel, have validated the performance of Thordon Bearings COMPAC propeller shaft solution, indicating that seawater-lubricated bearing systems are applicable to all ship types and are definitely here to stay.


Novoship to Install Ecochlor BWTS on 4 Tankers

Photo: Ecochlor

SCF Novoship Technical Management has selected the Ecochlor Ballast Water Treatment System (BWTS) to be retrofitted on three Aframax Oil Tankers and one Product Carrier. All of these retrofits are to be carried out in 2016.   “SCF Novoship Technical Management required a BWTS that is


G E Shipping Acquires Product Tanker

Photo Courtesy GE

The Great Eastern Shipping Company Ltd. (G E Shipping) took delivery of a 2005-Japanese built Medium Range Product Tanker “Jag Padma” of about 48,000 dwt. The company had contracted to buy the ship in December 2015. With the inclusion of the vessel


MOL Car Carrier Rescues Castaway

Scenes of rescue operations

Mitsui O.S.K. Lines, Ltd. (MOL; President & CEO: Junichiro Ikeda) today announced that on January 20, 2016, the MOL-operated car carrier TRIUMPH ACE safely rescued a survivor about 80 km offshore of Mexico. Details of the rescue follow:


Evergas Acquires 4th multigas LNG vessel

Courtesy Evergas

Evergas’ latest addition to its fleet, the 4 th ‘dragon class’ 27.500 cbm multigas LNG carrier in a series of eight was successfully named today the 28th of January, at a ceremony at the Sinopacific Offshore & Engineering (SOE) shipyard in Qidong, China.


MOL Car Carrier Rescues Castaway

Photo: Mitsui O.S.K. Lines, Ltd

 Mitsui O.S.K. Lines, Ltd. has announced that on January 20, 2016, the MOL-operated car carrier TRIUMPH ACE safely rescued a survivor about 80km offshore of Mexico.   Details of the rescue follow: At 08:50 (all times in local time) on January 20, 2016, the TRIUMPH ACE


Matson Announces Quarterly Dividend

The Board of Directors of Matson, Inc., a U.S. carrier in the Pacific, has declared a first quarter dividend of $0.18 per common share.    The dividend will be paid on March 3, 2016 to all shareholders of record as of the close of business on February 11, 2016.   


Iranian Drone Flew over US Carrier -US Navy

An unarmed Iranian drone flew directly over a U.S. aircraft carrier operating in international waters in the Gulf this month in a move that was "abnormal and unprofessional," the U.S. military said on Friday.   "The UAV was unarmed and posed no risk to the carrier's flight


NYK Line Posts Loss on Dry Bulk Fleet Revaluation

Image: NYK Line India

 Japan's Nippon Yusen Kaisha (NYK) has posted a $277.5mln extraordinary loss in the third quarter of year ended 31 March 2016 as it reduced the book value of its fleet inline with current market prices and expectations. The extraordinary loss came after it re-assessed the recoverable value of


Newport News Shipbuilding Rings in 130 Years

Dry Dock 1 at Newport News Shipbuilding is flooded prior to the official opening celebration of the shipyards first dry dock on April 24, 1889.  The Puritan-class monitor USS Puritan waits beyond the dry dock’s gate to enter. (Photo: HII)

Huntington Ingalls Industries’ (HII) Newport News Shipbuilding division kicked off its 130th anniversary celebration January 28.   Newport News, the sole designer, builder and refueler of U.S. Navy aircraft carriers and one of two providers of U.S


BV Classes Mega Asphalt Carrier

Asphalt Splendor (Photo: Bureau Veritas)

Classification society Bureau Veritas is classing the 37,000 dwt asphalt carrier Asphalt Splendor, recently delivered to U.S.-based Sargeant Marine. The vessel was built at Avic Dingheng, China and is one of a series of two designed by Chinese design institute SDARI in cooperation with Sargeant


Maersk Line Shifts Asia HQ from Singapore to Hong Kong

Photo: Maersk Line

 As part of the organisational changes announced last year, Maersk Line has shifted its Asia head office to Hong Kong from Singapore, reducing the number of regional offices to seven from eight.   Maersk's two Asia regions, Asia Pacific and North Asia  (China, Korea and Japan)


US-flag Great Lakes Cargos Down in January

Source: LCA

U.S.-flag Great Lakes freighters carried 2.3 million tons of dry-bulk cargo on the Great Lakes in January, a decrease of 23 percent compared to a year ago, according to figures compiled by the Lake Carriers’ Association (LCA).  Iron ore cargos decreased 20 percent






 
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