VANE LINE BUNKERING
Chesapeake Shipbuilding has launched another tugboat for Vane Brothers, the builder announced today. The tugboat, named Fort Schuyler, represents the 11th tugboat that Chesapeake Shipbuilding has built for Vane Brothers of the 14 contracted. The new tugboat is nearly identical to the previous 10 tugboats built for Vane Brothers - equipped with twin Caterpillar 3512 main engines producing a combined 3,000 horsepower, and a single drum hydraulic towing winch. Each Chesapeake Shipbuilding tugboat is built in a controlled indoor environment, before being moved and launched into Maryland’s Wicomico River. Chesapeake Shipbuilding has recently made significant upgrades to its facility to increase its production capacity and efficiency, including two large hull fabrication buildings.
The global bunker trading company A/S Dan-Bunkering Ltd. is pleased to announce that Mikkel Søholm Vestergaard has been employed as Bunker Trader as per August 5, 2013. Mikkel actually started his career with Dan-Bunkering already back in 2003 in the head office in Middelfart. Here he was employed as Bunker Trader until 2006, where after he decided to pursue a career in a different line of business, both in Denmark as well as abroad
Dubai Maritime City Authority (DMCA), the government authority charged with regulating, coordinating and supervising all aspects of the maritime sector in Dubai, announced that it has recently concluded the semi-annual meeting of bunker providers in DMCA’s offices. The meeting discussed the annual issuance of the DMCA certificate of authorization as well as various key industry issues, in line with DMCA’s commitment to promote public-private partnership in the maritime sector.
New IMOS6 (Integrated Maritime Operations System) Bunker Management Solution Helps Enhance Voyage Profitability BOSTON, MA and STAMFORD, CT – March 21, 2011– At the Connecticut Maritime Association 2011 Shipping Exposition today Veson Nautical, the premier provider of maritime commercial management and trading software solutions, announced Phase II of the company’s IMOS6 Bunker Management Module. Veson’s newest offering helps professionals manage their overall
OW Bunker confirmed an increase in demand for bunkers across the Pacific Islands, resulting from a further strengthening in trade between Australia, China, Indonesia and India and further growth in the domestic cruise industry. OW Bunker Australia, which acts as the OW Bunker Group's purchasing centre for the region, has reported that the Pacific Islands are experiencing an increase in demand for marine fuel as Australia's commodities markets and marine tourism industries continue on a
Lower oil prices are sharply reducing the cost of shipping merchandise from Asia to the United States and Europe as the cost of bunker fuel tumbles. Container shipping companies deal with the volatility in fuel prices by adding a separate bunker adjustment factor or fuel surcharge to their freight rates. Fuel can account for more than 60 percent of the total operating costs of moving freight across the oceans so the surcharges are one of the most important elements of total
The website www.lngbunkering.org is launched that features Liquefied Natural Gas (LNG) as a shipping fuel. The website is an initiative of the World Ports Climate Initiative (WPCI) LNG Fuelled Vessels Working Group under the auspices of the independent, non-profit International Association of Ports and Harbours (IAPH). The website provides a detailed overview of the use of LNG as ship fuel and illustrates the technical requirements for ships, bunkering infrastructure
LNG America has selected Taylor-Wharton to commence the front-end engineering and design work for the cryogenic topside of the company’s 3,000 cubic meter Gemini Class LNG bunker barge scheduled for delivery at the end of 2015. “Taylor-Wharton has been actively engaged in the development process and instrumental in helping to develop the critical path time line for a late 2015 in-service date,” said Keith Meyer, CEO of LNG America.
Three new appointments announced as recruitment drive to support expanding customer base continues. Dynamic Oil Trading has announced a series of appointments at the company’s recently launched Dubai office, amid continued expansion of the firm’s Middle East operation. Bunker traders Leonore Lagendijk and Mirko Antichi, as well as accountant Sheila Oller will join Dynamic Oil Trading’s Dubai operation with immediate effect
Chesapeake Shipbuilding Corp of Salisbury, MD delivered the second of six new tugboats to Vane Brothers of Baltimore, Md. this week. Elk River will join Sassafras, the first tug that Chesapeake built for Vane Brothers, in hauling 30,000 barrel tank barges on near coastal routes. Construction is already well underway on the remaining four tugs, each of which will be delivered over the next year and a half. Elk River produces 3
Singapore Offers Funding to Build LNG Vessels Port of Singapore offers S$12 million funding for building of LNG-fuelled vessels as Singapore advances LNG bunkering efforts to meet future demand The Port of Singapore, regarded as a leading bunkering hub
Moody’s Investors Service (Moody’s) changed the rating for German Container shipping company Hapag-Lloyd to positive from stable, thanks to cheaper fuel. According to Moody’s the outlook on the B2 corporate family rating (CFR)
Ocean freight rates for cargo moving under contracts on the major East-West routes have seen a sharp reduction since the beginning of the year, according to Drewry’s Benchmarking Club, a closed user group of multinational retailers and manufacturers who closely monitor their contract freight
At present more than half of the world’s piracy attacks are occurring in South East Asia, says he latest International Maritime Bureau (IMB) incident report. Piracy in the Gulf of Aden, which was the scourge of global shipping from 2011-14 has all but disappeared
The first remote-controlled ferry demonstrator could hit the water within four to five years thanks to a new wave of research into operational efficiency based on ship intelligence solutions. The prediction from Oskar Levander, VP for innovation
Press release -- Vitol announced it has begun supplying physical bunker fuel to Houston and the Mississippi River. Bunker grades RMG, RMK and DMA 0.1 percent will be marketed under the V-Marine Fuels brand, on a retail (delivered) basis in Houston.
The Vane Brothers Company has taken delivery of a 55,000 BBL double hull oil barge, Double Skin 509A. Bristol Harbor Group, Inc. (BHGI) was contracted by the builder Conrad Industries to develop the design of the 361’ x 62’ x 24.5’, 55,000 BBL double skin tank barge
Pioneer Marine, a shipowner and drybulk handysize transportation service provider, announced it has accepted delivery of a 38,464 DWT Green Dolphin eco-design handysize vessel, the M.V. Falcon Bay. The new vessel, which was constructed at Yangzhou Guoyu Shipbuilding Co
Calnetix Technologies, LLC has published a White Paper describing new processes for producing supplemental power for a ship’s electrical load. The White Paper, entitled New-Technology Shipboard System Converts Heat from Engine Jacket Water into Electrical Power
U.S. based bunkering services firm Bunkers International Corp. announced August 28 that it has filed for reorganization under Chapter 11 of the Bankruptcy Code. Bunkers International and its affiliated companies were forced to file for Chapter 11 bankruptcy protection after their primary
The Maritime and Port Authority of Singapore (MPA) has fined JL Petroleum for supplying marine fuel in the world’s largest bunkering hub without a valid license. In an announcement on Wednesday, MPA said it brought charges against JL Petroleum for selling bunkers on 14
The Company: Over time, the Blount shipyard has built 363 vessels, including such iconic designs as the 130-foot, 600-passenger Miss Liberty. Built in 1952, the vessel is believed to have carried more total passengers than any other vessel in the world
JL Petroleum Pte Ltd has been fined by Singapore after pleading guilty in court to supplying marine fuel in the world's top bunkering hub without a valid license, the Maritime and Port Authority of Singapore (MPA) said in a statement on Wednesday.
The International Bunker Industry Association (IBIA) will be holding a forum entitled: ‘Bunkering with new fuels – Building on strong foundations’ as part of London International Shipping Week, on Wednesday 9 September.
A new liquefied natural gas (LNG)-bunkering terminal may become operational at South Korea's Busan New Port by 2020. South Korean shipping company Polaris Shipping will reportedly invest $500 million (KRW 600 billion) to construct the facility.