Fjord1 Orders Seven Battery-Powered Ferries with Havyard
Havyard Group will be delivering the design for seven battery-powered ferries to Norwegian transportation company Fjord1, five of which will be built at the company’s own shipyard. Havyard and Fjord1 will thereby continue their partnership to achieve a green revolution on the Norwegian fjords. With this contract, Havyard Group has orders for 13 battery ferries at its own yard and has sold 12 battery ferry designs. "We have put the ferries in operation by using advanced simulation tools, this way we could optimize them to the outmost. Various operating profiles have been tested and reviewed, and we have achieved results that have made Fjord 1 choose us as contractor for designs, says Stig Magne Espeseth head of Havyard Design & Solutions.," said a statement.
Tankship Ocean Transportation Demand: Forecasting Essentials
Marine transport advisors, McQuilling Services, give an insight into how they forecast the development of tanker demand, which is a constituent part of their recently published '2014-2018 Tanker Market Outlook' report. At a global level, marine transportation demand is related to world trade, which is directly related to the state of the world economy. This means that demand for crude oil and petroleum products grows with an expanding global economy. Marine transportation demand for tankers is a derived demand. It arises from the energy consumption requirements of regional economies.
Lebanon Plans for Floating LNG Plant
Lebanon is planning to establish a floating Liquid Natural Gas (LNG) plant to feed natural gas directly to the country's power stations. Lebanon has been trying to adopt an alternative energy program for years, by diversifying its fuel sources and reducing its dependence on imported oil. With the government shouldering the mounting losses of ElectricitĹ˝ du Liban - which meets Lebanon's annual energy consumption requirements using oil imports - the need to switch to switch to gas has become even more pressing. As part of the new energy strategy, Lebanon plans to build a natural gas pipeline along the coast to feed all its power plants. Up to 2004 the government did a lot of preparatory work to establish an off-shore national gas transmission pipeline from the North to the South.
