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 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 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
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
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
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.
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
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
COSCO Corporation (Singapore) subsidiary shipyards in China deliver bulk carriers to two European buyers. COSCO (Dalian) Shipyard Co., Ltd has delivered a bulk carrier of 92,500 dwt, Sicilian Express, a post-panamax bulk carrier and the last in a series of four bulk carriers being built for Vroon at this shipyard. The ship measures 229.17 meters in LOA, 38.01 meters in breadth and 20.7 meters in depth. Secondly COSCO (Guangdong) Shipyard has delivered a bulk carrier of 57,000 dwt
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.
BW LPG Limited exercises purchase option over Very Large Gas Carrier Vermilion First. The VLGC Vermilion First has been on a time charter with BW LPG since the acquisition of the charter from AP Moller-Maersk in 2013. The Vermilion First was built in 2010 at Mitsubishi Heavy Industries
Japan's third-biggest shipping company Kawasaki Kisen Kaisha ('K' Line) plans to beef up its LNG and bulker vessels over the next four years, while downsizing its container shipping fleet. The group plans to reduce its fleet of container ships from 70 to 61; however
With global focus on the mariner courtesy of MLC2006, reinforced by a number of high profile catastrophic maritime casualties that are directly linked to “the human factor,” preliminary results from the Paris MoU should be disturbing at the least.
Eniram Limited, the Finnish provider of energy management technology and data analytic services to the shipping industry, announced that it is releasing an onboard and onshore Boil-off Management Tool designed for LNG carriers. Eniram’s Boil-off Management Tool enables
Tokyo-based Astomos Energy Corp has placed an order today with Mitsubishi Heavy Industries (MHI) for a very large liquefied petroleum gas (LPG) carrier. The 83,000 cu m vessel marks their fourth such order with MHI since 2013
The Nippon Kaiji Kyokai (ClassNK) has announced the establishment of its “Common Structural Rules for Bulk Carriers and Oil Tanker” (Rules for the Survey and Construction of Steel Ships Part CSR-B&T) on 27 February 2015
Ice conditions have been causing concern for Great Lakes shipping industry. The satellite images show that the Great Lakes once again almost entirely covered in ice. Duluth News Tribune reports that the ice is causing worry in the Great Lakes shipping industry about the prospects of
GasLog Ltd. and its subsidiaries an international owner, operator and manager of liquefied natural gas carriers, today reported its unaudited financial results for the quarter ended December 31, 2014. Highlights • Agreement to acquire two
The Great Eastern Shipping Company Ltd. (G E Shipping) delivered its 1996-built Capesize Dry Bulk Carrier “Jag Arjun” (164,796 dwt) to the buyers on 26th February, 2015. The company had contracted to sell the ship earlier this month.
Ferus Smit will launch newbuild bulk carrier Arklow Breeze on Friday, March 20 at Westerbroek. Arklow Breeze is the sixth and last vessel of a series to be delivered to a client from the city of Arklow, Ireland. The design is a bulk oriented general cargo ship that will be mainly employed
The Panama Canal Authority (ACP) is holding a public hearing today on a proposed toll structure change. The proposed restructuring, which the ACP Board of Directors approved on December 24, calls for each ship segment to be priced based upon different units of measurement
In 2014, Pronomar equipped Van Oord’s offshore cable laying vessel Nexus with three drying cabinets, each responsible for the drying of eight sets of workwear. Nexus, a 126-meter Damen Offshore Carrier (DOC) 8500 cable laying vessel was delivered to Van Oord in December and is
While declining Asian LNG prices have reduced margins on the long-distance LNG trade, causing spot-charter rates for LNG vessels to fall, LPG shipping earnings are forecast to remain buoyant on the back of low oil prices and the absence of fuel substitution.
Malaysia’s MISC Bhd and parent Petroliam Nasional Bhd (Petronas) have agreed to build new liquefied natural gas (LNG) carriers worth US$1.1 billion and charter them to another unit owned by the national oil and gas company for up to 20 years.
Joe McGladdery, a partner with the London law offices of Wikborg Rein & Co, says that, while falling oil prices have exerted pressure on the LNG charter markets, the new generation of low-speed, dual-fuel LNG carriers now in service and on order remain an attractive option for owners and