Daewoo Shipbuilding and Marine Engineering reportedly has won a $515.8 million order from Teekay Shipping of Canada to build three LNG (liquefied natural gas) ships, with delivery due in April 2007.
A number of factors, including instability in world oil markets at times, the return of bitter cold winters to the energy-hungry U.S. Northeast, and advances in the collection, transportation and cost-effective delivery of (primarily LNG) gas, have conspired to make this the decade of gas, and hence the decade of gas ships. According to the latest statistics from Lloyd's Register, up to 50 ships over the next 10 years will be required for delivery
Natural gas importer Petronet LNG Ltd (PLL) plans to float a shipping subsidiary overseas to haul gas to its greenfield re-gassification terminal of 2.5 million tonnes per annum capacity proposed at Kochi in Kerala. The diversification plan has been unveiled in the tender conditions stipulated by Petronet for selecting ship owners and operators for transporting LNG to the Kochi terminal. This is a departure from the first two shipping tenders finalized by Petronet for hauling gas from RasGas
Marlink said that its office in Dubai, United Arab Emirates, initiated the sales of 10 maritime broadband communications systems during the first half of 2006. Marlink Dubai’s most recent agreement is a three-year pact with CCC Underwater for a broadband very small aperture terminal (VSAT) system aboard the CCC Pioneer. The vessel is designed for offshore construction including pipe and cable laying and will be operating in waters throughout the Middle East and off the coast of India
The English and Isle of Man courts granted injunctions against Navigator Gas Management (NGM) and Vela Energy Holdings Ltd in a dispute over the proposed long-term chartering of five gas tankers in the Navigator Gas Transport (NGT) fleet managed by NGM. The English injunction forbids NGM from taking any action which amounts to a denial of the existence of the Montanari charters and from suggesting to any third parties that the charters are ineffective
According to reports, Hyundai Heavy Industries Co., plans to deliver 25 percent more vessels this year as it increases production to work through almost four years worth of orders. The company delivered 11 vessels to carry consumer goods and fuel in January, the most in a month in the industry, the Ulsan, South Korea-based company said in an e-mailed statement today. The ships were all delivered as much as two-and-a-half months earlier than scheduled, it said.
The Marine Engineers' Beneficial Association (M.E.B.A.) has signed an agreement with Armada Companies, LLC to provide Person-In-Charge (PIC) marine officers for liquefied natural gas (LNG) deepwater ports and other terminals worldwide. Armada has a contract with Skaugen Petro Trans (SPT) Offshore, LLC to provide U.S.-citizen merchant officers supplied by M.E.B.A. to serve as PICs at terminals including the liquefied natural gas deepwater port in the
BP Shipping took delivery of the British Emerald, the worldâ€™s largest liquefied natural gas carrier (LNGC), the first in a series of dual-fuel diesel-electric gas ships. Built by Hyundai Heavy Industries in Ulsan, Korea, at 155,000 cubic meters,and is said to be the largest LNGC to date. The design and construction of this technologically advanced vessel is more fuel efficient than comparable LNG carriers, which will result in reduced fuel costs and greenhouse gas emissions
Malaysian International Shipping Corp. is fortifying its position in the fast growing market for the carriage of Liquefied Natural Gas (LNG), today reportedly converting an option for two liquefied natural gas ships into firm orders, bringing total oustanding orders to six. MISC is already one of the world's largest LNG tanker operators, and it also also plans to buy four 6,800-TEU, post-Panamax containerships for delivery in 2002-2003.
A close call for the 'Kulluk': better planning needed before more oil and gas traffic in Arctic waters comments WWF Canada. The Kulluk, a conical, Arctic-class drill ship, was being towed from the Beaufort Sea in Alaskan Arctic waters back to Seattle following Shell’s first drilling season in the region. Its tow vessel lost control of the massive platform during a harsh winter storm, resulting in the ship, carrying over 136,000 gallons of diesel fuel and 10
Hamworthy Oil & Gas Systems has continued the major advance in China’s broadening gas carrier construction sector by securing more contracts for delivery of complete cargo handling systems to two liquid ethylene gas (LEG) carriers to be built at Sinopacific Offshore & Engineering Co
GAC’s in-house ship-to-ship transfer expert GAC Transfer Services (GTS) has responded to growing demand for LPG imports and exports of clean products in the Indian Subcontinent with the establishment of a new fully-equipped base in Sri Lanka
The Sustainable Ocean Summit 2013 (SOS 2013), organized by the World Ocean Council (WOC), is an international ocean business community gathering dedicated to industry leadership and collaboration in developing solutions to ocean sustainability challenges. Washington D.C. - April 22-24, 2013
Tugs 'Triton' and 'Honcho' of the Puerto Rico Towing & Barge Co. recently assisted a drifting vessel off the coast of Puerto Rico. The cargo ship Global Destiny, owned and operated by Diavlos Maritime based in Athen, Greece, called for assistance the morning of Saturday, March 16
Continuing its support of students wishing to enter maritime, transportation and logistics fields, Crowley Maritime Corporation this week presented four U.S. Merchant Marine Academy (USMMA) midshipmen with Thomas B. Crowley Sr. memorial scholarships totaling $10,000.
Maritime Administrator Sean T. Connaughton and Robert D. Somerville, Chairman and CEO of the American Bureau of Shipping, have signed a Memorandum of Understanding to coordinate research efforts on major marine transportation environmental issues and to share information to promote the development
Crews on commercial oil and gas, shipping, and government vessels in the Persian Gulf now have access to affordable broadband Internet and crystal-clear telephone service throughout the region with the recent expansion of the mini-VSAT Broadband(SM) service from KVH Industries (NASDAQ:KVHI)
Tanker operator, BW Fleet Management, expanded its Fleet Repair Agreement with ASRY’s Bahrain yard. The new repair agreement was signed by Morten Steen Martinsen, managing director of BW Fleet Management and Chris Potter, CEO of ASRY, in April in Bahrain
Faced with a growing need for reliable connections to shore and increased control over variable and increasingly expensive communications costs, M. H. Simonsen ApS, of Denmark, recently adopted the TracPhone V7 and mini-VSAT Broadband(SM) service from KVH Industries, Inc
Senior representatives from a wide range of industries that use ocean space and resources will come together to discuss sustainability issues that face the ocean business community in a summit in June. The Sustainable Ocean Summit is an international cross sectoral business conference on ocean
Puget Sound Rope announce that Michael Greenwood has joined Cortland/Puget Sound Rope as Technical Sales Manager. He has more than 34 years in the rope industry, beginning with the family rope company, Tubbs Cordage Company of San Francisco in 1976
According to Conn Fagan, DNV’s Business development manager for offshore gas projects, the FLNG segment is developing rapidly. “A number of FSRUs (floating storage and regasification unit) and SRVs (shuttle and regasification vessel) are currently in operation
Dubai, UAE, May 4, 2011: Drydocks World, the leading Dubai-based maritime service provider, and Abu Dhabi National Tanker Company & National Gas Shipping Company (ADNATCO & NGSCO), the shipping arm of ADNOC and its Group of Companies
Kongsberg Maritime delivered CCTV systems for installation on National Gas Shipping Company’s (NGSCO) fleet of eight LNG carrier vessels in the Middle East. The project was secured in conjunction with Unique Systems FZE, Kongsberg Maritime’s local sales agent
According to Bloomberg report, Maersk Tankers, the oil and gas shipping unit of A.P. Moeller-Maersk A/S, has secured employment for about 13%of its fleet’s earning days next year, compared with 24 percent for the remainder of 2011. (Bloomberg)