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Daewoo Gets 690m Qatar LNG Order

According to reports, Daewoo Shipbuilding & Marine Engineering Co has secured an order worth 690m from Qatar Gas Transport Company to build three liquefied natural gas carriers. The vessels will be delivered by April 2009. The shipbuilder plans to boost its annual production capacity of LNG carriers to 15 from eight ships now by 2008. Source: Forbes


Kursiu Linija Sells Eimskip Share

Kursiu Linija sold a further 20-percent share of its equity to Icelandic transport company Eimskip. The move gives Kursiu Linija additional financial power and paves the way for expansion plans. Following the increase in Eimskip’s stake, Kursiu Linija will be run by a four-man board consisting of Bragi Thor Marinosson, Bjorn Einarsson, Stefan August Magnusson and Kursiu Linija founder and former managing director Arijus Ramonas


QGTC Awarded Charters for Six LNG Carriers

Qatar Gas Transport Company Ltd. (Nakilat) announced that it has been awarded 25 year time charters by Qatar Liquefied Gas Company Limited (II), (QGII) for six 'QMax' LNG carriers of approximately 265,000 cubic meters carrying capacity each. These will be the largest LNG carriers ever constructed. According to AME Info, the ships will be ordered from Korean shipyards Daewoo Shipbuilding and Marine Engineering and Samsung Heavy Industries


OSG Names Largest LNG

Overseas Shipholding Group, Inc. has named the LNG Carrier Al Gattara, marking a new generation of Q-Flex Liquefied Natural Gas (LNG) carriers, said to be the world’s safest, most advanced and largest ships to transport this critical energy source. This vessel is the first in a series of four sister ships to be delivered to OSG Nakilat, the joint venture between OSG and Qatargas Transport Company (Nakilat). The ship’s sponsor, Mrs


LNG Tanker Al-Ghuwairiya Berths at Ras Laffan

According to a report from AmeInfo.com, a significant milestone was reached on 21st June 2011 when the LNG tanker "Al-Ghuwairiya" berthed at Ras Laffan to load her LNG cargo bound for Canaport, Canada. The Qatargas chartered vessel is one of the new generation Q-Max LNG tanker able to load a full LNG cargo of 260,000 cubic meters. The vessel is owned by the Qatar Gas Transport Company (Nakilat).   Source: AmeInfo.com


An Argentinian Shipbuilding Revival

Pictured is whats reported as El Astillero Punta Alvear de Argentina. (Photo: Courtesy http://thebulletinpanama.com)

According to a blog on the Bulletin Panama (http://thebulletinpanama.com), there is a boatbuilding revival happening in Argentina. The export of tugs and barges by Astillero Punta Alvear marks the revival of the Argentine shipbuilding industry, creating both foreign exchange and jobs with skilled labor and knowledge that was in danger of being lost after years of inactivity, as reported on http://thebulletinpanama.com


Cummins Power Fast Ferries for Hong Kong

Marinteknik Shipbuilders (S) Pte Ltd. established a construction yard in Singapore in 1984. The Yard has built over 30 vessels, with speeds ranging from 18 to 50 knots, for delivery to customers in England, Italy, Malaysia, Brunei, France, Hong Kong and China. It works in association with Marinteknik Design in Sweden which provides design services and undertakes research and development projects for shipbuilders worldwide. A current project is an order of four 36 118 ft


ABS Nautical Systems Grows

ABS Nautical Systems, one of the leading providers of integrated fleet management software for the maritime industry, announced another year of record growth in 2010. ABS Nautical Systems signed 83 new clients with a combined total of 1053 vessels overall. In the month of December, 18 new customers were signed – a number that roughly equates to a new contract signed daily. New clients signed across the globe include Chevron, Reederei Offen, Hapag-Lloyd, Donnelly Tankers Management


ITF Inspectors Visit Ships for Support in Walmart Campaign

ITF Protest: Photo credit ITF

ITF inspectors visit ships to ask captains and companies to raise concerns about the way Walmart treats its US staff. The ITF is urging shipping firms carrying cargo owned by US retail giant Walmart to raise concerns over its treatment of US warehouse workers and warning of impending industrial action at the company over the coming holiday period. They are likely to to embark on industrial action on 23 November in protest over poverty pay and the downgrading of working conditions.


Changing Patterns in World Trade Bring Unforeseen Liabilities

In a speech to be given at the TOC Container Supply Chain: Middle East Conference on December 9, Andrew Kemp, Regional Director EMEA of the freight transport insurance specialist TT Club will warn of the additional liability that freight forwarders and other logistics operators are open to as a consequence of dynamic changes in global trade. Statistics compiled by the World Bank reflect the fast-growing influence of the so-called South-South trade routes between Latin America


Greencarrier Plots Energy and Projects Expansion

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Greencarrier Shipping & Logistics AS said it is planning to expand its services to the oil and gas industry, appointing a new head of the energy and projects business unit and opening an office in Stavanger, Norway. The Scandinavian company


Mammoet Wins Costain Partner of the Year

Photo: Mammoet

Engineered heavy lifting and transport company Mammoet won the Costain “Achieving Excellence” Award for Supply Chain Partner of the Year 2013. On February 6, a team representing Mammoet attended the annual Costain Awards Ceremony


CEACT Allows Operators to REACT

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How updated electronic navigation practices improve safety and efficiency – and optimize cargo movement – on US inland waterways. It was a cold winter night. Heavy gusts and snow did not allow safe navigation and forced the ships on the upper Mississippi to secure alongside the few


Maritime Activity Boosts in Search for Flight 370

Photo: Höegh Autoliners

The maritime industry has ramped up contributions to the worldwide search for Malaysia Airlines Flight 370 as an international team scours for signs of the Boeing 777 which went missing nearly two weeks ago with 239 people on board. Merchant and navy ships have recently helped to relaunch a


Bowhead, Crowley Announce Joint Arctic Venture

Bowhead Transport Company, LLC, and Crowley Marine Services, Inc., announced the formation of a joint venture to provide marine services in Alaska’s Arctic. The new Alaska-based joint venture will operate under the name UIC Bowhead-Crowley, LLC


Swedish Port Stoppage Only Lasted 45-Minutes

Road haulage and port workers in Sweden secured a new three year contract after staging short-term industrial action. Members of the Swedish Transport Workers’ Union (STWU) walked out at noon on Wednesday following the breakdown of negotiations with the Swedish Road Transport Employers


Alewijnse Establishes Operations in Qatar

Photo: Alewijnse

Alewijnse Marine Systems, a systems integrator in the commercial, naval and superyacht sectors, announced the formation of Alewijnse Middle East LLC, the latest stage in its strategy to establish operations in high growth developing markets. Based in Qatar


L.A. Port Extends Major Lease Agreement with Chinese Shippers

Photo: The Port of Los Angeles

Mayor Antonio Villaraigosa announced the signing of an agreement with Yang Ming, a marine transport company, to extend its lease at the Port of Los Angeles for an additional nine years. Yang Ming’s current lease at the West Basin Container Terminal ends in 2021; with this agreement


Palfinger Sells Two Cranes to Kirby

Photo: Palfinger Marine

With the support of Donovan Marine, Palfinger Marine crane dealer for the Gulf of Mexico, two Palfinger PK 11001 MC foldable knuckle cranes were delivered to Signal International in Orange, Texas to be installed on two newly constructed 126ft ATB tugs for Kirby Ocean Transport Company.


Port of L.A. Review Proposed Yang Ming Terminal Improvements

Photo: Port of Los Angeles

$122 Million Project Would Expand Facility, Extend Lease Agreement The Port of Los Angeles is initiating the environmental review process on a proposed berth-improvement project by Yang Ming, a Taiwanese marine transport company at the Port


Greencarrier Rebrands Subsidiary, Scandinavian Shipping & Logistics

Greencarrier logo

Scandinavian Shipping & Logistics AS is changing its name to Greencarrier Shipping & Logistics AS with effect from 2, September 2013. Greencarrier Group, one of the Nordic region’s largest privately-owned transport companies


Road Transport Puts Denmark Ferry Out of the Running

Photo courtesy of Kattegatruten

Kattegatruten’s ferry services between Kalundborg and Aarhus are to end next month . The core business area for the service is truck transport and driverless cars, but for months the service has been unprofitable. "It is impossible to compete with Eastern European prices


WSS Expands in Australia

Michael Connolly, GM Western Australia

Wilhelmsen Ships Service (WSS) has opened a new office in Western Australia to meet increased business opportunities as the port of Geraldton continues to grow. Michael Connolly, General Manager for Western Australia said, “As a business


UYT Commits to Build World's Largest Yacht Carrier

Image courtesy of UYT

United Yacht Transport LLC, a Fort Lauderdale based yacht transport company, says it has committed to building a semi-submersible vessel scheduled for delivery in the second tax quarter of 2015. United Yacht believes that the conversion of a Panamax size bulk vessel will produce the world’s


Qatar Shipyard, Nakilat, JV's Get US$160-million Funding

Signing ceremony: Image courtesy of Nakilat

Al Khalij Commercial Bank (al khaliji) QSC has provided financing for the two Nakilat shipyard joint ventures: Nakilat-Keppel Offshore & Marine (N-KOM) and Nakilat Damen Shipyards Qatar (NDSQ) for US $120m and US $40m respectively. Nakilat is a Qatari marine transport company providing the


 
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