WinGD Launches Two-stroke Marine Engine with Integrated NOx Abatement System
Swiss engine maker WinGD has launched the first marine two-stroke engine to carry its own NOx abatement solution, which, per the company, offers "dramatic" reductions in space requirements and installation costs for shipyards seeking to comply with the strictest IMO NOx emission limits.The X52 low-speed engine with integrated Selective Catalytic Reduction (iSCR) was launched during a ceremony at Dalian Marine Diesel Co. in China. The six-cylinder two-stroke engine, with a maximum continuous output of 11…
Ecochlor Expands into Japan
Focused in providing a local solution for shipowners with their ballast water management system (BWMS) regulatory challenges, Ecochlor has announced Asao Shirai will be leading the new office in Japan as Regional Business Development Manager. Mr. Shirai has a 35-year proven record of facilitating long-term business relationships with the most prestigious shipowners in Japan. Through his experience he has accumulated great respect from shipping executives at NYK Line, Mitsui OSK Lines…
Hanjin-chartered Ships Sold, More on Block
Three bulk carriers sold charter-free at about market rates. Two Hanjin container ships also up for sale. Three ships chartered to Hanjin Shipping Co Ltd have been sold and two more vessels are up for sale, ship brokers said on Wednesday, kicking off an asset sale sparked by the failure of the world's seventh largest container shipper. Around $14 billion of cargo has been tied up globally as ports, tugboat operators and cargo handling firms worried about not being paid refuse to work for Hanjin, which filed for receivership in a Seoul court on Aug 31. While some ships have been offloaded since then, bottlenecks are forming at some ports and truck yards as containers pile up.
Epic Gas Continues Fleet Expansion, to Open London Office
Singapore-based Epic Gas Ltd. say that following their recent order of two LPG 11,000cbm vessels from Kyokuyo Shipyard Corporation in Japan, it will add two more similar-sized newbuilds to its expanding fleet. These two 11,000 cbm vessels will be long term bareboat chartered in from Kumiai Senpaku Co., Ltd., of Japan. The first vessel will be built by Sasaki Shipyard Co., Ltd. for delivery in 2015 and the second vessel by Kyokuyo Shipyard Corporation to be delivered in 2016. “We are glad to have formed a strong partnership with a prominent ship owner like Kumiai Senpaku Co.…
Japanese Shipowners Celebrate North P&I Club’s Tokyo Opening
Over 100 representatives of the Japanese shipping community attended a reception in Tokyo on March 27 to celebrate the opening of North P&I club’s new branch office Japan. Located in Tokyo’s central Kyobashi commercial district, the new office complements the A-rated 170 million GT club’s existing Asia-Pacific branches in Hong Kong and Singapore. Nobutaka Mukae, president of Kumiai Senpaku – one of Japan’s leading independent shipowners, was a guest speaker at the reception, which took place at the Imperial Hotel in Chiyoda-ku, Tokyo. He formally welcomed North to Japan and wished the club every success for the future. Other Japanese members attending included IMECS, Kambara Kisen, Northstar, NYK, Sandigan, Synergy and Unitra Maritime.
North P&I Opens Tokyo Office
North P&I Club Reinforces Position in Asia-Pacific Region with New Branch in Tokyo. The ‘A’ rated 150 million GT North P&I club is about to consolidate its position in the Asia-Pacific region following approval from the Japanese government to open a branch office in Tokyo. The new office is due to start operating in the next few months and will complement the club’s existing Asia-Pacific branches in Hong Kong and Singapore. Located in the central Kyobashi commercial district in Tokyo, the Japanese branch will be led by general manager Kunio Fukumoto. He formerly worked with Assicurazioni Generali S.p.A and Mitsui Sumitomo Insurance Group and brings more than 30 years of senior-level marine underwriting experience to the club.
Seven Join the UK P&I Club Board
Seven directors were elected to the Board of the UK P&I Club at the AGM in Bermuda on October 26th. Jason Liberty, Vice President of Strategy, Corporate Planning & Insurance Royal Caribbean Cruises Ltd is responsible for his company’s corporate finance, strategy, M&A, forecasting & planning, insurance and continuous improvement group. A former advisory director with KPMG LLP, Liberty joined Royal Caribbean Cruises Ltd in 2005. Harley Franco, Chairman and CEO, Harley Marine Services…
