Lena News

A new environmentally friendly electric ferry service is planned to launch in Halifax, Canada.The province of Nova Scotia, along with the federal government and Halifax Regional Municipality, announced on March 4 a joint investment to build the Mill Cove Ferry Service, which will include five fully electric ferries, two terminals and a maintenance facility. All-electric propulsion, which slashes vessel emissions, noise and vibration, has been taking off in the ferry industry as the operational profile for these vessels—often including frequent…

Lt. Lena “Lexie” Royster, a mechanical engineer in the U.S. Coast Guard Marine Safety Center, in Washington, has been selected as the 2023 Coast Guard Engineer of the Year.The Coast Guard Engineer of the Year Award recognizes Coast Guard active duty and civilian engineers for their accomplishments and achievements. The award’s selection panel considers many factors including engineering accomplishments, awards, honors and educational achievements.“I am extremely thankful for the opportunities the Coast Guard has given me,” said Royster.

The Canadian Coast Guard on Wednesday welcomed the CCGS Chedabucto Bay into its fleet at the Lifeboat Station in Clarks Harbour, Nova Scotia.The Bay Class vessel, built by Chantier Naval Forillon in Gaspé, Quebec and delivered earlier this year, is the 14th of 20 new search and rescue lifeboats that will be dedicated into service by the Canadian Coast Guard across the country.The shore-stationed self-righting lifeboats are specifically designed, equipped and crewed to respond to search and rescue incidents at sea.

An attack on a tanker off the coast of Oman on Tuesday was carried out by an Iranian-made drone, U.S. Central Command said in a statement, adding that a multilateral maritime operation led by a British Royal Navy frigate had responded to the area.An Israeli official had blamed Iran for the strike on the Pacific Zircon tanker managed by Israeli-controlled Eastern Pacific Shipping. The company said there was minor damage to the hull but no injuries or spillage of the gas oil cargo.A White House official earlier said the United States was "confident that Iran likely conducted" the hit using an unmanned aerial vehicle. Iran's Nournews, which is affiliated with the country's top security body, blamed Israel for the attack.U.S.

Monaco-headquarters Dynagas LNG Partners said that it had estimated contracted time charter coverage for 98% of its fleet estimated available days for 2019, 100% of its fleet estimated Available Days for 2020 and 92% of its fleet estimated Available Days for 2021.As of March 21, 2019, the Partnership’s contracted revenue backlog estimate  was $1.38 billion, with an average remaining contract term of 9.5 years, the Liquefied Natural Gas (LNG) maritime transportation company said. Tony Lauritzen, Chief Executive Officer of Dynagas said: "All of our LNG carriers are or to be employed on long-term contracts with an average contract duration of approximately ten years…

When the Siberian winter bites and the mighty Lena River freezes, workers at the Yakutsk shipyard brace for a backbreaking but vital task - 'vymorozka'.As Siberia's summer is so short, freighters must be kept moving while the river, whose 4,400 km (2,735 miles) carry the region's economic lifeblood, is navigable. Repairs must be done in winter, when the river is frozen and the ships are wedged tight in the ice.Vymorozka, which translates as 'freezing out', is the process of cutting away the ice from around a ship's hull with chainsaws…

U.K.-based international bank Barclays  announced a new energy policy that significantly restricts the bank’s financing for the exploration or extraction of oil and gas in the Arctic.The policy  rules out funding for companies seeking to drill in the Arctic Refuge as well as other climate change threats.According to the British multinational investment bank and financial services company headquartered in London, arctic oil and gas refers to new exploration and extraction of oil and gas in the area within the Arctic Circle which is subject to sea ice, and includes the Arctic National Wildlife Refuge (ANWR) and the Coastal Plains.The ANWR…

Egyptian authorities reopened five ports on the Red Sea on Monday, a day after they were closed due to bad weather conditions, the Red Sea Ports Authority said.The two major ports of Alexandria and Dekheila on the Mediterranean Sea remained closed, said Reda al-Ghandour, spokesman for the Alexandria Port Authority."Strong winds and high waves do not allow the safe passage of speedboats and the ascent and descent of the guide onto ships," Ghandour said on Sunday, adding it affected the arrival and departure of ships in the two ports.By Lena Masri

Monaco-based owner and operator of liquefied natural gas (LNG) carriers, reported a third-quarter ended September 30, 2018 loss of $654,000, after reporting a profit in the same period a year earlier.The gas shipping company said that the Q3 results included $2.3 million of scheduled class survey and dry-docking costs related to the Yenisei River, one of the three tri-fuel diesel engine (TFDE) vessels in our fleet.The company said it had a loss of 7 cents per share. Earnings, adjusted for non-recurring costs, were 4 cents per share. It has posted revenue of $31.3 million in the period, which beat Street forecasts.Tony Lauritzen, Chief Executive Officer of the Partnership, said: “Our reported earnings for the third quarter of 2018 were in line with our expectations.

Dynagas LNG Partners has entered into an agreement with Yamal Trade for the early commencement of the long term charter contract for employment of the ice class liquefied natural gas (LNG) carrier Yenisei River in the Yamal LNG Project. The owner and operator of LNG carriers said that pursuant to this agreement, the Yenisei River will commence operating 180 days earlier and as a result, the firm charter period has been extended from 15 years to 15 years plus 180 days. The Yenisei River was delivered early to Yamal LNG on August 14, 2018, immediately upon completion of its mandatory statutory class five-year special survey and dry-docking in Singapore.Tony Lauritzen…

Dan-Bunkering has announced that as per September 1, 2018, the group will merge with Sydney based Australia Bunkering Pty Ltd.The Australian company has been in business for more than a decade,  managed by Lena Johnston, but will now be rebranded and change name to Dan-Bunkering (Australia) Pty Ltd.With this merger, Dan-Bunkering will be present in yet another continent, and the company now has offices in 12 different locations worldwide.The office is supported by already existing team members who will all remain on same phone numbers.

Greece-based Dynagas LNG Partners has reported a second-quarter loss of USD 5.2 million, after reporting a profit in the same quarter a year before. "We are satisfied that the class surveys, including dry dockings, were completed in a quick and efficient manner with an average of approximately 15 days per vessel from arrival to departure at the shipyard. The vessels are on a 5-year special survey cycle, therefore we expect the next special class survey and related dry docking to occur in about 5 years," he added. "Our reported earnings for the second quarter of 2017 were, as expected, below those of the second quarter of 2016 and were impacted by the following: (i) the class surveys and related dry dockings of three of our vessels…

AIDAperla - the youngest member of the AIDA Cruises fleet - reached the port of Barcelona via the western Mediterranean on June 7, 2017, as part of its "Welcome Cruises". During AIDAperla’s maiden season, Barcelona is, alongside Palma de Mallorca, one of the start and end ports for her seven-day cruises in the western Mediterranean. The Rostock cruise company’s latest ship will be christened on June 30, 2017 in Palma de Mallorca by model and presenter, Lena Gercke. The christening ceremony will be streamed live on the Internet, the AIDA social media channels and on board all AIDA ships.

AIDA Cruises has taken delivery of the 12th vessel of its fleet, AIDAperla, from Japanese shipbuilder Mitshubishi Heavy Industries (MHI). The vessel was commissioned April 27 at a ceremony in Nagasaki, Japan in the presence of Michael Thamm, CEO Costa Group; Felix Eichhorn, President AIDA Cruises; Shunichi Miyanaga, President and CEO MHI; and Kazuaki Kimura, President and CEO, Industry & Infrastructure MHI. In the coming days AIDAperla will set sail for the Mediterranean where the vessel will be christened by model and presenter Lena Gercke on June 30, 2017, in Palma de Mallorca.

Lena Gercke will christen AIDAperla, the 12th member of the AIDA fleet, in Palma de Mallorca on June 30, 2017. In Germany, Gercke is among the most famous and successful models and presenters. The skyline of the old city of Palma will form the perfect backdrop when the night sky above AIDAperla is transformed into a sparkling sea of color during a spectacular music and lighting event. “With her natural charm and vitality, Lena Gercke is the ideal godmother of AIDAperla. I’m delighted that she will christen our new vessel.

Dynagas LNG Partners signed a new long-term time charter contract for the Clean Energy. The Partnership, through one of its wholly owned subsidiaries, entered into a new long-term charter agreement with an affiliate of the Gazprom Group for the employment of its 2007 built 150,000 cbm steam turbine LNG carrier Clean Energy. The charter is expected to commence in July 2018 and will have a firm term of seven years and nine months. The Partnership expects to generate approximately $133.0 million of gross contracted revenues over the life of the contract. Charter Amendments for the Lena River and the Yenisei River: In connection with the new long-term charter contract for the employment of the Clean Energy…

Dynagas LNG Partners LP has entered into a new long term time charter agreement with Gazprom Marketing & Trading Singapore Pte Ltd. for the employment of the 2007 built 150,000 cubic meter steam turbine LNG carrier Clean Energy. The Clean Energy is the Partnership's only non-ice classed LNG Carrier. The charter is expected to commence in July 2018 and will have a firm duration of about 7 years and 9 months. The gross contracted revenue from this contract is expected to be approximately $133 million over this period. Following the expiration of the existing time charter to Shell in the second quarter of 2017, Clean Energy will undergo…

The financial results of Greece-based Dynagas LNG Partners LP (DLNG) for Q2 beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 42 cents per share. It has profit of 43 cents per share. Earnings, adjusted for amortization costs, came to 48 cents per share. Dynagas reported  for the three and six months ended June 30 earnings of $17 million. It posted revenue of $42.6 million in the period. Tony Lauritzen, Chief Executive Officer of the Partnership, commented: "We are pleased to report our earnings for the second quarter of 2016. The three month period ended June 30, 2016 has been another strong financial quarter for us.

Dynagas LNG Partners, the owner and operator of LNG carriers, has signed an extension and two new charter deals with Gazprom for the 2007-built Ob River until May 1, 2018. In addition, the Partnership has entered into a new long-term time charter agreement with Gazprom Marketing and Trading Pte. Ltd., an affiliate of Gazprom, for the Ob River, which is expected to commence immediately following the vessel's redelivery from its current charter with Gazprom, for a period of 10 years (plus or minus 15 days).

Monaco – March 31, 2016 –Dynagas LNG Partners LP. * Gazprom Global LNG Limited has extended its current charter for the 2007-built LNG carrier Ob River, on the same terms, until May 1, 2018 (plus or minus 15 days). In addition, the Partnership has entered into a new long-term time charter agreement with Gazprom Marketing and Trading Pte. Ltd., an affiliate of Gazprom, for the Ob River, which is expected to commence immediately following the vessel’s redelivery from its current charter with Gazprom, for a period of 10 years (plus or minus 15 days). *  The Partnership has entered into a new long-term time charter agreement for its 2013-built LNG carrier Lena River for the Yamal LNG Project.

Russian Emergency Situations Ministry predicts rise in water level to critical levels of 92 rivers in all regions of the Far East. The most unfavorable situation may arise on the Lena River in Yakutia. "After analyzing the information about the state of the ice in the rivers of the Far East and the amount of snow cover, the specialists of the Far Eastern Center for Monitoring and Forecasting Emergency Situations Ministry predict the possibility of raising the water level to the achievement of critical levels of 92 rivers in all regions of the Far East. In connection with the probability of flooding of low-lying terrain, populated areas, farmland and roads during the spring flood is not excluded on the whole territory of the region ", - reported in the Far Eastern Regional Emergency Center.

Vessel sales for January 2016 (as of February 1) as prepared by Shipping Intelligence, Inc., New York.

Dynagas LNG Partners LP has entered into an agreement with Dynagas Holding Ltd to purchase 100% of the ownership interests in the entity that owns and operates the Lena River, a 2013 built 155,000 cubic meter ice class liquefied natural gas carrier, and the related time charter contract with Gazprom Global LNG Limited, for an aggregate purchase price of $240.0 million. The closing of the Lena River acquisition is expected to take place on or before December 31, 2015 and is subject to customary closing conditions. The Lena River is currently operating under the Gazprom Charter, which has an initial term of five years and expires in October 2018.