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
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
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
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 -
TOTE Maritime Alaska announced that Michael Noone will assume the role of President, January 1, 2016. Noone joined TOTE Maritime Alaska as Chief Operating Officer in August 2013, bringing 28 years of experience in the shipping and logistics field. As COO, he has been responsible for creating strategic and operating plans for sales, pricing and operations. Noone received his bachelor’s degree from Wagner College and is certified by some of the nation’s top
Ross Glendinning was appointed Senior Vice President, Service Division of Alfa Laval Inc. in January 2016. Glendinning is charged with driving consistent profitable growth, and developing new sales opportunities for the service business of Alfa Laval in the U.S
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
Commander, Submarine Development Squadron 5 (CSDS 5), Detachment UUV, informs of the delivery of Large Training Vehicle 38 (LTV 38), an unmanned undersea vehicle (UUV), which makes LTV 38 the first UUV to join the vehicle inventory used by detachment UUV at Naval Undersea Warfare Center Keyport
China aims to ease transport bottlenecks which are affecting economic development by 2020 with a plan announced on Saturday to tackle issues such as excessive road tolls and poor connectivity and to ensure the smoother flow of goods. Despite billions of dollars being invested in recent years on
The Executive Control Board of the National Shipbuilding Research Program (NSRP) has selected a new round of research and development projects for award, as part of the program's continuing mission to reduce costs associated with U.S. shipbuilding and ship repair
Sometimes it seems cliché to repeat that a product or system “protects equipment and saves lives,” but in the case of valve manufacturer Penn-Troy, which recently unveiled a new crankcase explosion relief valve that boasts lower exhaust temperatures
The natural oscillations in the climate, which resulted in cooler Pacific Ocean waters, were partially behind the controversial global warming "pause", say researchers. However, this in no way suggests that the planet is now cooling
Buyers from China are looking at long term liquefied natural gas (LNG) supplies from US firm Cheniere Energy, news agency Reuters quoted a company official as saying. This would be the first LNG deal between the world's two biggest energy users
London International Shipping Week 2015 (LISW15) is pleased to announce the line up, so far, of high level government and industry speakers for the official LISW15 Conference being held at the Grosvenor House Hotel on London’s Park Lane, on Thursday 10th September.
Baltex reaches breakeven level since start of 2015; Baltic previously faced broker opposition over platform. London's Baltic Exchange is studying a potential foray into commodities and is open to proposals on tie-ups as other exchanges attempt to boost volumes, its chief executive said.
London International Shipping Week (LISW) is delighted to confirm that HRH Princess Royal has agreed to be Patron for LISW in 2015. Jeremy Penn, Chairman of the LISW Steering Group, said: “We’re all absolutely thrilled that HRH Princess Royal has agreed to be Patron
London has come top of a listing of maritime service centres published by the Baltic Exchange and Xinhua, China’s news agency, whilst Singapore heads the overall list for its combined port and maritime services offering.
Jeremy Penn, chief executive of London's centuries old Baltic Exchange will step down next year, the exchange said on Friday. Penn, who took the helm as CEO in 2003 after previous top positions with international news agency Reuters, will leave next summer.