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PENN YAN

LR, Penn Oak Energy Partner for LNG Retrofit Service

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


GL Opens Dalian Office

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


Bay Shipbuilding Picks ATB Design

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


This Day in Naval History – Dec. 5

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.


This Day in Navy History

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


Cargo Vessel Collides with Tanker at Guangzhou Port

Image: Guangzhou Port Channel

 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.  


Military Sealift Command Oiler Wins SECNAV Environmental Award

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 Propulsion for New Oyster Boat

Pacific Express 1: Photo credit NAMJet

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


Singapore's Transport Minister to Speak at LISW 2015

Minister for Transport Mr Lui Tuck Yew Courtesy Singapore Transport Ministry

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, China's Ningbo Exchanges in Container Link

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 -


This Day In Naval History: April 21

Cover of the Commissioning program, April 21 2001 at Tampa, Fla.

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


NTSB Determines Faults Leading to Fatal Collision

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.  


Inmarsat Global Sponsors LISW 2017

London International Shipping Week Banner

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


Deegan Named President of Gibbs & Cox

Chris Deegan (Photo: Gibbs & Cox)

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


Ocean Cycles Pause Global Warming

AMO spatial pattern (by The Pennsylvania State University)

 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


US to Export LNG to China

Photo: Cheniere Energy, Inc

 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


LISW15 Lines Up Speakers

  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.


Baltic Exchange Eyes Move into Commodities

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.


HRH Princess Royal to Patronize LISW 2015

...

  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 Tops Xinhua/Baltic Exchange Index for Maritime Services

Image: Gibraltar Port Authority (GPA)

 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.  


Baltic Exchange CEO Stepping Down

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.


Noone Named President of TOTE Maritime Alaska

Michael Noone (Photo: TOTE Maritime Alaska)

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


Glendinning Named SVP, Service Division, Alfa Laval

Ross Glendinning (Photo: Alfa Laval)

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 Sinks Chinese Ship

Handout photo released by the Argentinian Naval Command on March 15, 2016 showing Chinese fishing boat Lu Yan Yuan Yu 010

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 Offers to Buy Baltic Exchange

Photo by Baltic Exchange

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






 
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