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
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
Developed in close cooperation with the Singapore Polytechnic at a cost of S$12 million, the Integrated Simulation Center (ISC) is one of the Maritime and Port Authority of Singapore's (MPA's) latest initiatives to meet the shipping industry's increasing demands for well-trained seafarers. The ISC employs some of the latest maritime simulation technologies available, covers all aspects of a ship's operations from ship-handling to crisis management and fully meets the requirements of STCW95.
Some University of Hawaii officials and faculty members are still pushing for a Navy research center on campus despite the Faculty Senate's rejection of the project, according to an AP story. University lawyers are reviewing the contract for a Navy University Affiliated Research Center to address concerns of faculty leaders who recently voted against the proposed military partnership. The vote against the center could be overturned if 100 professors sign a petition asking for a vote of all
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.
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.
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
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 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.
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
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
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 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
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
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
Shanghai International Port , the operator of the world's busiest container port, reported earnings on Wednesday that showed its second-quarter net profit fell 2.5 percent in a sign of slowing trade in China. Shanghai Port said in a Chinese-language filing on the Shanghai stock exchange that
The Landing School’s Board of Trustees is pleased to announce that it has named the 4th President of the Landing School. Richard J. Schuhmann, Ph.D., a former student at The Landing School and currently a Senior Lecturer and Program Manager at MIT
Industry-leading Ironmen diesel engines power four new builds and two repowers in Southern Towing’s inland waterway fleet MTU, the specialist for propulsion and power systems for ships and commercial marine equipment, has been selected by Memphis-based Southern Towing Company to power six
Guy Campbell of the China Navigation Company has been appointed by the Baltic Exchange Board of Directors as Chairman for a two year term of office. He replaces Quentin Soanes who served as Chairman from 2012. Welcoming the appointment, Baltic Exchange Chief Executive Jeremy Penn said: