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CHEM CARRIERS

Mitsubishi Engines for Chem Carrier

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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


Tanker Allision on the Piscataqua River

The U.S. Coast Guard says it is continuing to monitor the condition of the chemical tanker Chem Venus, after it allided with three unoccupied, moored sailboats Wednesday afternoon at the mouth of the Piscataqua River near Portsmouth, N.H. and Kittery, Maine.   It was determined by Coast Guard vessel inspectors on board that the Panamanian flagged chemical tanker sustained bow damage that caused the ship to take on water


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


List: Top Five UK Ship Owners

Photo: Zodiac Maritime

Following last week's landmark referendum results, VesselsValue has compiled a list of the top five U.K.-based shipowners and their total fleet value in USD billions.   1-Zodiac Maritime: car carriers, containerships, bulk carriers and crude, product and LPG carriers  Vessels: 124; Value: $4.3 billion 2-BP: crude, product, LNG and LPG carriers Vessels: 43; Value: $2.7 billion 3-Shell Trading and Shipping Co: crude, product and LNG carriers Vessels: 14; Value: $2 billion


Euroseas Gets Newbuild Bulker

Kamsarmax Drybulk Vessels. Image by Paragon Shipping

 Euroseas Ltd, a Greece-based shipping company, took delivery of its newbuilding Kamsarmax dry bulk carrier Xenia and entered into a two-year time charter for its container carrier Evridiki G.   The M/V Xenia was delivered from the China-based Jiangsu Yangzijiang Shipbuilding Co. on February 26. Xenia is an “eco” design Kamsarmax fuel efficient bulker with a carrying capacity of 82,000 dwt.  


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.


This Day In Naval History: August 24

USS Essex (LHD 2) (U.S. Navy photo)

1814 - During the War of 1812, the British invade Md. and burn Washington, D.C. Commodore Thomas Tingey, superintendent of the Washington Navy Yard, burns the Navy Yard to prevent British access during the invasion. 1862 - During the Civil War, Capt


Hanjin Shipping to Submit Self-Rescue Plan

Photo: Hanjin Shipping Co

 South Korea’s Hanjin Shipping is planning on submitting a self-rescue plan to creditors this week to stave off bankruptcy by Aug. 25, reports Korea Herald quoting local media.   According to the shipper, the plan includes details on securing funds from its parent Hanjin Group


Pakistan Mulls Second LNG Import Terminal

BW LNG. Photo:  BW Group

 BW Group (BW) has signed a 15-year agreement with Pakistan GasPort Limited (PGPL) to provide LNG regasification services utilizing a new-build Floating Storage and Regasification Unit (FSRU) for the second Pakistan LNG terminal.  


A Shipyard Grows in Trinidad & Tobago

La Brea_T&T Shipyard Port_FIX..jpg

Spurred by Panama Canal Expansion and U.S. LNG Export, $500 Million Shipyard Projects Starts   As Trinidad and Tobago seeks to diversify its economy, it is banking on a massive shipyard construction project as the centerpiece of a maritime industry and economic revival


MN100: ClassNK America

Photo: ClassNK

The Company: ClassNK is dedicated to ensuring the safety of life and property at sea, and the prevention of pollution of the marine environment. Bolstered by a workforce of more than 1800 engineers, surveyors and maritime professionals, ClassNK focuses on delivering the highest quality


Nakilat Upgrades VSAT Service for LNG/LPG Fleet

Photo courtesy of Nakilat

Nakilat, the shipping arm of Qatar’s liquefied natural gas sector, has entered into a contract with Global Eagle Entertainment Inc.’s Emerging Markets Communications (EMC) service line to provide marine VSAT services for vessels in its fleet of liquefied natural gas (LNG) and liquefied


KOGAS to Support Korean Shipyards

Deagu Head Office. Photo: Korea Gas Corp.

 In a bid to help South Korean local shipyard weather their worst-ever slump, the State-run Korea Gas Corp. (KOGAS), the world's largest LNG importer, will soon place shipbuilding and maintenance orders with them, says a report by Yonhap.  


Hong Kong Shipowner Issues Funds to Detained Vessel

Image: Hong Kong Shipowners Association

 The owners of Five Stars Fujian have at last paid for much-needed supplies to the Hong Kong vessel, which has been detained by the Australian Maritime Safety Authority since August 12, reports local media.   The Five Stars Fujian has been detained off the port of Gladstone in  by


Lady Loren: Big Hours, Little Wear

A recent image of the Lady Loren at work (Photo: LA Carriers)

Russell Plaisance, president of Louisiana Carriers, built the pusher-tug Lady Loren at Dickie Adam’s Lockport Fabrication in 2008. At the launch, he explained that the boat was the result of five years of planning and a lifetime of experience in the maritime world of the Gulf of Mexico.


Vard Secures Contract for Three Module Carrier Vessels

Vard Holdings Limited announced that it has secured a contract for the design and construction of three Module Carrier Vessels for Kazmortransflot (KMTF). The contract win was previously disclosed on July 29, 2016. The vessels, of VARD 9 28 design


Kleven to Build Fish Harvesting Vessel for DESS Aqua

Photo courtesy of  Kleven

Kleven has signed a contract with DESS Aqua, a joint venture company established by Marine Harvest Norway and Deep Sea Supply, on the building of a fish harvesting vessel for carrying salmon from fish farms to processing plants. The vessel will be delivered from Myklebust Verft in March 2018


Ship Collision Kills Three in Bosphorus Strait

Three Turkish Coast Guard personnel were killed on Wednesday after their vessel collided with a bulk carrier in the Bosphorus strait, forcing officials to temporarily suspend traffic in the busy shipping lane.   Their vessel capsized after colliding with the Tolunay


Wave goodbye to $50 bln - Drewry

Figure 1 Estimated industry revenue, 2008-16F (USD billion) Note Preliminary forecast based on smaller 1H16 sample

Container industry revenues are contracting faster than carriers can cut costs. First-half results so far suggest sales are down by around 18%, increasing the pressure to reduce costs. The container shipping industry is currently enduring a severe revenue contraction that is placing carriers


TEN Delivers Aframax Tanker

Image: Daewoo Mangalia Heavy Industries

 Tsakos Energy Navigation (TEN Ltd) has announced the delivery of the Aframax crude tanker "Thomas Zafiras" from Daewoo Mangalia Heavy Industries which will immediately enter a long term contract to a Northern European charterer that could generate gross revenues in excess of $100


Parker to Supply Three Arctic Vessels

Photo courtesy of Parker Bestobell Marine

Parker Bestobell Marine, a supplier of cryogenic valves and part of Parker, a leader in motion and control technologies, has received a major new order from DSME (Daewoo Shipbuilding & Marine Engineering) in South Korea to supply cryogenic valves for three new vessels.  






 
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