The Nigeria Liquefied Natural Gas Limited (NLNG) will this month receive the last of the six new vessels it bought for the transportation of liquefied natural gas (LNG) to various parts of the world, says a report in The Nation. Five of the six vessels were already delivered between November last year and March this year, said NLNG Managing Director, Babs Omotowa. He added that the acquisition of the new ships became imperative as Train plant approaches nameplate capacity and LNG cargoes currently delivered to distant destinations across the world increases in response to changing business opportunities. To meet this demand, he said an arm of the NLNG, the Bonny Gas Transport, in 2013, ordered six new dual fuel diesel engine (DFDE) vessels to be constructed by Hyundai Heavy Industries (HHI), while Samsung Heavy Industries (SHI) was ordered to build four. Financing for the six vessels, according to him, was arranged in two programmes: a-$310 million six-year additional programme debt (APD) facility and a-$1.1 billion 12-year new vessel debt (NVD) facility.
According to reports, Indiaâ€™s navy will acquire six new submarines and 33 ships. The reports indicated that it would take about six years for the navy to acquire the six new submarines and 33 ships. It currently has 126 ships and 16 submarines, some of which are aging. India has been seeking to bolster its rise as an economic power by reshaping its armed forces into a modern military capable of projecting power well beyond its shores.
Maersk Logistics is to open six new offices in Central America, Mexico, and the Caribbean. With the opening of the new offices, Maersk Logistics has a total of eight offices in the region, covering Costa Rica, Dominican Republic, El Salvador, Guatemala, Honduras, Mexico, Nicaragua and Panama.
Six new vessels introduced by Viking River Cruises & an expanded program of international river cruises in 2013 In addition to the six state-of-the-art Viking Longships launching in 2012, Viking will continue expansion in 2013 with the launch of six additional Viking Longships: Viking Bragi, Viking Forseti Viking Rinda, Viking Skadi, Viking Tor and Viking Var. Designed by celebrated maritime architects Yran & Storbraaten—the team behind the Disney Dream and the Yachts of Seabourn
The National Shipping Company of Saudi Arabia (Bahri) sells 'Saudi Diriyah' for recycling. The sale of the general purpose cargo vessel raised the sum of SAR. 30,257,136 generating a net gain of SAR 19,523,391 after deducting its book value and all expenses associated with the sale. Bahri mention that they had previously announced the signing of six ship building contracts to acquire six new general cargo vessels to replace the older fleet in this sector which have completed their useful life
Petroleo Brasileiro SA, Brazil's state-run oil company, as of 2017 will begin seeking offers for the construction of six new offshore oil platforms envisioned in current investment plans, according to a newspaper interview published Sunday. In an interview with O Globo, the biggest daily in the company's home base of Rio de Janeiro, Petrobras' director of exploration and production said the six new platforms, together likely to cost as much as $6 billion
While building 80,000-barrell, double-hulled liquid fuel barges, Senesco Marine is also working on a piece of a major construction project in New York City. The project is the building of the Pier 79 Ferry Terminal. Senesco Marine has been contracted to build three of the main passenger floats for the Pier 79 Terminal. When complete, the passenger floats will be 104 x 35 ft. The construction project is located on West 39th Street, extending 100 ft
The Port Newark Container Terminal (PNCT) will celebrate its official grand opening of the $175 million terminal redevelopment project at a ribbon-cutting ceremony tomorrow, September 26, 2002. The ceremony will begin at noon at the PNCT facility, located at 241 Calcutta Street in Port Newark, NJ. Joseph Assante, president of Port Newark container Terminal, will host the event and HRH Prince Andrew, The Duke of York will be guest of honor
The Washington State Department of Transportation announced a realignment of two key programs – Vessel Engineering and Vessel Maintenance. This step is part of Secretary of Transportation Paula Hammond’s commitment to improve the organizational structure and performance of the ferry system. The two programs have become one under the direction of Paul Brodeur, the new Ferries Division Director of Vessel Maintenance, Preservation and Engineering
$14.6 MILLION IN NEW COST‐REDUCING SHIPBUILDING R&D PROJECTS The Executive Control Board of the National Shipbuilding Research Program (NSRP) has awarded funding for six new research and development projects to continue the program’s mission to reduce the costs associated with U. S. shipbuilding and ship repair. These new projects, valued at approximately $14.6 million in both Navy funding and industry cost share
Radio Holland Malaysia (RHM) secured a contract from Destini Shipbuilding & Engineering for the supply of Navigation and Communication equipment on board of six New Generation Patrol Crafts (NGPC). The vessels are being built for the Malaysian Maritime Enforcement Agency (MMEA).
Three New England projects have been awarded nearly two million dollars under the U.S. Environmental Protection Agency’s (EPA) competitive national grant competition to reduce diesel emissions. The grants, totaling $1,975,000, were made under the Diesel Emissions Reduction Act (DERA)
Similar to container vessels, bulk carriers and cruise ships, car carriers are rapidly growing in size, says a report by DNV GL. A new series of the world’s largest pure car and truck carriers sets a new standard for this segment.
LNG Demand Set to Outpace Gas Demand Growth from 2015 to 2030 Shell launches LNG Outlook Global demand for liquefied natural gas (LNG) reached 265 million tonnes (MT) in 2016 – enough to supply power to around 500 million homes a year
2016 is off to a flying start when it comes to delivering brand new VLCCs from shipyards in South Korea and China to owners and investor across the globe, says a report BIMCO. The six new VLCCs were delivered in a strong winter market
China COSCO Shipping Corp Ltd (COSCOCS), a new company formed by the restructuring of China's top two shipping firms, was officially established on Thursday (February 18). The Chairman Xu Lirong said his company,now the world's largest bulk vessel and oil tanker operator by
River cruise operator Viking Cruises is taking full advantage of an annual deck maintenance program offered by the Dutch company Bolidt Synthetic Products & Systems. A total of 32 vessels – more than half of the Viking Cruises fleet – will have their decking cleaned and
Wärtsilä has signed a five-year maintenance agreement with the Nigerian gas transportation company Bonny Gas Transport Limited, (BGT), a subsidiary of Nigeria LNG Limited. Wärtsilä will monitor and service the engines on board the BGT's six new LNG carriers and deliver
Chevron Corporation (NYSE: CVX) today announced that its first shipment of liquefied natural gas (LNG) from the Gorgon Project has departed Barrow Island off the northwest coast of Western Australia. The cargo will be delivered to one of Chevron's foundation buyers, Chubu Electric Power
Facing continued growth driven by client demand, the Great Lakes Towing Company and Great Lakes Shipyard have together added 20 new employees in Q1 2016 and are looking to hire an additional 50+ employees before the end of Q4 2016. “We’re looking out for the future
India government will speed up the ambitious Sagarmala project from 10 years to five years, said Nitin Gadkari, Minister of Road Transport, Highways and Shipping. “Following Prime Minister Narendra Modi’s intervention
Babs Omotowa, Managing Director and Chief Executive Officer of Nigeria LNG Limited (NLNG), has raised alarm over Nigeria’s dwindling investments in Liquefied Natural Gas (LNG), according to a report in Thisday. He noted that with no new investments
Radio Holland Canada has won two major contracts to support the Canadian Coast Guard. Public Works and Government Services Canada, which is responsible for government procurement, has awarded Radio Holland Canada a multimillion dollar contract to supply Furuno ECDIS and radars for the Canadian
Broward County's Port Everglades exceeded one-million TEUs (20-foot equivalent units, the industry's standard container measurement), for the third consecutive year, reporting a total of almost 1.04 million TEUs and maintaining its status as Florida's number one container port
The Shipping and Road Transport sectors in India have together spent a total of about Rs 4 lakh crores ($60billion) in the past two and a half years as they work towards building world class highways and shipping infrastructure in the country, says the Cabinet Minister Nitin Gadkari.