Lloyd’s Register North America, Inc. (LR) has teamed with Penn Oak Energy Corp to help companies raise capital and mitigate the technical risks associated with retrofitting ships fuelled by liquid natural gas (LNG), by providing a one-stop-shop solution to the industry. Ships that are fuelled by LNG can reduce operating costs while meeting stricter environmental regulations. LNG-fuelled ships have reduced emissions (nitrogen oxide, sulphur oxide and particulate matter) as compared with heavy bunker oil and even low-sulphur marine diesel. Historically, the leading expense for ship operators is fuel and personnel. The challenge to building these new ships has been that shipowners are unwilling to invest in LNG-fuelled ships if supplies of LNG bunker are difficult to obtain, but that has started to change as more LNG facilities are built. LR's LNG Bunkering Infrastructural Survey 2014 indicates that major ports around the world are either planning for, or are anticipating, the wide-scale development of LNG bunkering. The other challenge for shipbuilders is the large initial capital costs to build these new ships. "LNG as a fuel has emerged as one of the most considered choices for a new generation of vessels. The infrastructure to support this new class of ships has started to mature, and we have seen great strides in companies willing to convert their existing ships to this new fuel or constructing new ships in the U.S. Emission Control Areas
Pictured is Mr. Pan Yan Zhong, Vice director of Tian Jin Xingang Shipyard, congratulated Germanischer Lloyd Dalian on the occasion. Current projects with Germanischer Lloyd include a series of 13,000 dwt Multi Purpose Vessels. With an open day and a ceremonial dinner Germanischer Lloyd has opened its new office facilities in Dalian last week. More than 150 representatives of new building and repair shipyards, ship owners and manufacturers of materials and components
Ocean Tug & Barge Engineering Corp.'s new ATLANTIC III ATB ocean tugboat design has been chosen by Bay Shipbuilding Corp., of Sturgeon Bay, Wis., a unit of Manitowoc Corp., for construction as the powered portion of a new AT/B the yard will build for Penn Maritime, of Stamford, CT. The 140,000 bbl capacity heated ocean tank barge, will be handled by the latest tug design from Ocean Tug & Barge Engineering Corp., a long established firm whose focus is AT/B, or Articulated
1843 - Launching of USS Michigan at Erie, Penn., America's first iron-hulled warship, as well as first prefabricated ship. 1941 - USS Lexington (CV-2) sails with Task Force 12 to ferry Marine aircraft to Midway, leaving no carriers at Pearl Harbor.
1843 - USS Michigan is launched at Erie, Penn. Michigan is America's first iron-hulled warship, as well as the first prefabricated ship. 1941 - USS Lexington (CV 2) sails with Task Force 12 to transport Marine aircraft to Midway, leaving no carriers at Pearl Harbor only days before the attack on Pearl Harbor. For more information about Naval history, visit the Naval Historical Center Web site at www.history.navy.mil
Inbound general cargo vessel Yan Zhan 58 collided with outbound tanker Zhen Peng during the evening of May 9 in Peral river estuary near buoy 48, Guangzhou Port Channel, Guangdong province, China. The freighter struck the tanker, loaded with 2,290 tons of gasoline. The tanker’s hull was reportedly breached. The incident has caused water penetration in Zhen Peng and the ship has lost electricity onboard.
From Military Sealift Command Public Affairs Fleet replenishment oiler USNS John Ericsson (T-AO 194)won the fiscal year 2006 Secretary of the Navy Environmental Quality Award in the Environmental Quality, Small Ship category. In ALNAV Message 029/07, released March 30, Assistant Secretary of the Navy for Installations and Environment B.J. Penn extended his personal congratulations to the winners. “Your accomplishments are outstanding in their own right and exemplify the Department
NAMJet to provide Traktor Jet propulsion system for the new oyster harvest vessel ‘Pacific Express 1’. Washington ship builder Penn Cove Shellfish (dba Everest Marine) has chosen Arkansas-based NAMJet to provide the propulsion system for its new oyster harvest vessel, Pacific Express I. Custom-designed by Stew Everest for Coast Seafoods and operating in Grays Harbor, Washington, the Traktor Jet powered Pacific Express provides exceptional maneuverability and power in
London International Shipping Week 2015 (LISW) is delighted to announce that Mr Lui Tuck Yew, Singapore’s Minister for Transport, has confirmed that he will speak at the official LISW Conference on 10th September 2015 at the Grosvenor House Hotel on London’s Park Lane. Mr Lui Tuck Yew will speak in the session on: “National, Supranational and Global Governance – The role of governments in a global maritime industry: Should governments lend their support
London's Baltic Exchange and Chinese state-owned Ningbo Shipping Exchange said on Friday they would collaborate on container indices, the first foray by the Baltic into this segment of the freight market. Sources told Reuters in early October that the London Metal Exchange, which is owned by Hong Kong Exchanges and Clearing , had made an informal approach to the Baltic to acquire it. In a first step, Ningbo's weekly containerised freight index - which tracks rates on various routes -
The European Union's securities markets regulator has dropped proposals to make participants in the multi-billion dollar commodity derivatives market for freight rates disclose knowledge of loading conditions, the Baltic Exchange said.
The countdown to London International Shipping Week 2017 (LISW17) officially began last night with an exclusive launch reception held at the iconic Norton Rose Fulbright building on London’s South Bank. The launch reception brought together representatives from many of the maritime
Dream Cruises, the first-ever Asian luxury cruise line, claimed its place in history here today when Genting Dream’s official Godmother, Puan Sri Cecilia Lim, the wife of Tan Sri Lim Kok Thay, Chairman and Chief Executive Officer of Genting Hong Kong christened its maiden luxury cruise ship
Gulf Navigation Holding (GNH) announces the initiation of studies for large expansion of its operations in the northern region of the United Arab Emirates consisting of a set of comprehensive maritime activities, (the GNH Northern Project), including ship building
Argentina's coast guard has sunk a Chinese trawler that was fishing illegally within its territorial waters, the coast guard said on Tuesday, marking a first test for relations between recently elected President Mauricio Macri and Beijing.
China Merchants Group has made an informal bid for London’s Baltic Exchange, says a report in Reuters. The State-run conglomerate has made an informal offer through a subsidiary, China Merchants Securities. An acquisition of the Baltic, which was founded in 1744
1861 - Sloop-of-War Saratoga, commanded by Alfred Taylor, captures Nightingale, a clipper slaver, at the mouth of the Congo River at Cabinda, Angola, with 961 slaves on board. 1898 - President William McKinley orders the Navy to begin a blockade of Cuba and Spain
In examining the deadly collision of tugboat/barge Caribbean Sea/The Resource with Amphibious Passenger Vehicle DUKW 34, the U.S. National Transportation Safety Board (NTSB) has determined that several faults played a part in the collision.
London International Shipping Week (LISW) is proud to announce Inmarsat Global Ltd as Lead Diamond Sponsor for LISW 2017. Inmarsat is a British satellite telecommunications company which provides mobile communication services to the maritime industry worldwide
Gibbs & Cox, Inc. (G&C) Chairman Ned Daffan announced today the appointment of Chris Deegan as President and Chief Executive, effective immediately. Deegan, previously Vice President of G&C's Engineering Group, will replace Rick Biben
The Pasir Panjang Terminal Phases 3 & 4 development was shortlisted by a panel comprising judges from both the public and private sector and voted by members of the public into “Singapore’s Top 50 Engineering Achievements.”
Independent EMC and environmental testing organization Retlif Testing Laboratories has promoted Richard Reitz to the position of Director of Engineering. Reitz has been with Retlif since 1985, serving in several capacities. As Director of Engineering
Baltic Exchange on Monday named Mark Jackson, a former Chairman and Director, to replace Chief Executive Officer Jeremy Penn. Baltic Exchange shareholders earlier approved an 87 million pound ($112 million) takeover by Singapore Exchange for one of London's oldest institutions
The crisis in global shipping and a tax exodus by big Greek vessel owners have helped finally seal the fate of London's Baltic Exchange after at least three approaches to buy it over the last six years of its near-three centuries history.
The Navy will commission the amphibious transport dock ship John P. Murtha (LPD 26), Saturday, Oct. 8, during a 10 a.m. EDT ceremony at Penn’s Landing in Philadelphia. The ship is named in honor of John P. Murtha, who served his country both as a Marine and in the halls of congress