H2 Energy and DFDS Publish Hydrogen Propulsion Feasibility Study
Over the past year, H2 Energy and DFDS have worked together on a project to analyze the feasibility of retrofitting large ferries with a hydrogen propulsion system.The project, supported by the Danish Maritime Fund, has led to the publication of a hydrogen propulsion feasibility study.With support from the Danish Maritime Fund, DFDS, H2 Energy and Lloyds set out to uncover the technical and operational feasibility of hydrogen propulsion systems by analyzing the main aspects of…
US Permit Crackdown Poses New Hurdles for Proposed LNG Projects
The U.S. Department of Energy's refusal to grant export permit extensions to liquefied natural gas (LNG) developers that fail to meet a construction deadline poses a new hurdle for greenfield plants, analysts said on Thursday.The DOE last month said it would grant future extensions solely on extenuating circumstances and rejected an extension for Energy Transfer's proposed Lake Charles LNG project.The change will fall heavily on firms without a track record and available financing, analysts said.Around a dozen LNG projects in the U.S.
Tankers Collide in the Suez Canal, Traffic Unaffected
Two tankers that were waiting in the great lakes anchor area in Egypt's Suez Canal brushed against each other on Tuesday but the minor incident did not affect shipping traffic, the canal's authority chairman, Osama Rabie, said in a statement.The incident took place as tanker Aligote was preparing to leave the anchor area while tanker Lyric Magnolia was waiting, Rabie said.An initial inspection report showed no significant damage nor any spills in the vicinity of the tankers, Rabie added.The tankers will continue on their designated routes on Wednesday's morning.(Reuters - Reporting by Yusri Mo
Worker Medevaced from Bulk Carrier Off Louisiana
An ailing shore labor worker was medevaced off an Indian-flagged bulk carrier Thursday near Pointe a la Hache, La., the U.S. Coast Guard said.The Coast Guard said its watchstanders at Sector New Orleans received a call at approximately 10 a.m. stating a man on board Great Eastern's Kamsarmax bulker Jag Arnav was unresponsive due to unknown circumstances.A spokesperson for Great Eastern Shipmanagement said the man is a shore laborer who was not feeling well while performing hatch cleaning at Magnolia anchorage on the Mississippi River.
Anchor Strike May Have Caused California Oil Spill
More oil from a massive offshore spill landed on the southern California shore on Monday, with beaches closed and dead fish and birds washing up on shore as officials investigated whether a ship anchor striking a pipeline could have triggered the leak.Crews dressed in white coveralls and helmets raced against an approaching storm as they cleaned damage from 3,000 barrels (126,000 gallons) of oil that spilled into the Pacific Ocean in recent days from a pipeline connected to an…
Diana Shipping to Buy Kamsarmax Dry Bulk Vessel
Dry bulk shipping firm Diana Shipping has signed a deal to acquire a 2011-built Kamsarmax dry bulk vessel of 82,165 dwt, for $22.0 million.The company said Friday it anticipated to take delivery of the vessel - named m/v Magnolia - by the end of February 2022. The company did not say who the seller was. According to specifications disclosed, the vessel corresponds to the Magnolia bulker (ex- Zennoh Grain Magnolia), owned by Kawana Kaiun.Excluding the newly acquired vessel and upon completion of the previously announced sale of one Panamax dry bulk vessel…
Magnolia Dredge and Dock Highlights DSC Dredge’s Commitment to Values
To ensure the high level of service that has defined this family-owned business for the past 30 years, DSC Dredge, LLC has five key values: commitment, quality, innovation, service and customization. This is what the foundation of DSC is built upon, and clients who become long-standing business partners and friends only confirms what this company strives to do each and every day.Magnolia Dredge & Dock LLC., headquartered in Mandeville, La., was founded in 2009 through the merging of two companies.
US Inland Waterways: High Waters & Swirling Currents
The inland waterway system, flowing through the United States heartland, is a microcosm of all that has been happening in 2020: trade tensions, infrastructure issues, shifting trends in fuel consumption and the pandemic that has gripped us since the winter months. Shortly after the initial coronavirus outbreak here in the U.S., maritime workers were deemed to be “essential”, paving the way for cargo flows to recover from their springtime nadir. As COVID-19 infections turned up on U.S. shores, the boats continued plying the waterways, albeit with reduced volumes in some cases.
US Signs Highest LNG Export Contract
US signed highest volume of global long-term liquefied natural gas (LNG) export contracts in 2019, accounting for around a 67% of global share. Abundant shale gas production in the US has enabled the country to export natural gas as LNG. to global markets. According to GlobalData, the US has signed five long-term contracts in 2019 for the export of 22.3 million tonnes per annum (mtpa) of LNG. Of these, the contract signed between Golden Pass Products and Ocean LNG Limited had the highest export volumes with 15.6mtpa.LNG will be supplied from the Golden Pass II LNG liquefaction terminal in Texas for 20 years from 2024 to 2044.Sunrita Dutta…
Workboat Report: The U.S. Workboat ($33.8B) Market
The U.S. towing and tug business is 5,500 boats, more than 31,000 barges with an estimated total impact on U.S. GDP of $33.8 billion.“At a macro level, the bigger ships are causing downward pressure on the ship assist business because there are fewer ship calls given the increased capacity of these vessels. However, certain ports have seen tremendous growth, based on strategic location and infrastructure investments that have attracted these larger ships and been a net plus for these areas.”Kate Fuhrman…
Arlen "Benny" Cenac Jr.: Navigating a Different Course Line, Making a Difference
Cenac Marine Services and its dynamic, third generation leader, Arlen “Benny” Cenac Jr., continue to flourish, in good times and bad. Through it all, leadership, philanthropy and investments that extend far beyond the company’s gates have made all the difference.As this year quickly churns to its inevitable close, Cenac Marine Services isn’t the nation’s biggest towboat operation, but its profound impact on the people and environment of the U.S. Gulf Coast and beyond is unquestionable. At a time when most operators are happy to simply strive for an environmentally correct and regulatory compliant business signature, Arlen “Benny” Cenac Jr.
DFDS RoRo Gets a New Coat
Environmentally safe underwater ship hull coating helps DFDS fulfill its ecological goals.Last July the underwater hull of the roro vessel Magnolia Seaways was coated with Ecospeed in Gdansk, Poland. This non-toxic and easy washable coating system will keep the hull smooth for the service life of the vessel with minimal repair and no replacement. At the same time the rudder of the ship was treated with an Ecoshield coating which was designed specifically to protect underwater…
Next-wave LNG Terminals get Smaller, More Flexible
The liquefied natural gas market is growing every year, but the terminals that ship and receive the fuel are shrinking. The booming sector's next-generation infrastructure is being designed for a emerging-market buyers that want smaller volumes on shorter, more flexible contracts. LNG export terminals, where the gas is liquefied and put on vessels for shipping, have traditionally been massive, custom-built facilities that cost tens of billions of dollars. And so to justify the investment, they have typically required equally massive, long-term supply deals, often lasting a decade or more. Numerous terminal projects on the horizon, by contrast…
GasLog Updates on LNG Market
During the quarter and post quarter end, there has been continued momentum in the start-up of new LNG liquefaction capacity with the fourth train at Sabine Pass in the U.S. shipping its first commissioning cargoes in August 2017, said GasLog Partners. Sabine Pass has now shipped approximately 200 cargoes since start up in early 2016. Post quarter end, Chevron's Wheatstone LNG project in Australia started production with the first LNG shipment expected in the coming weeks. Dominion's Cove Point project in the U.S. and Novatek's Yamal LNG project in Russia are both expected to start LNG production by the end of 2017 and ramp up exports into 2018.
Recent Vessel Sales: July 2017
Vessel sales for July 2017 (as of August 1) as prepared by Shipping Intelligence, Inc., New York.
Coalition Urges Congress to Address Asian Carp in the Great Lakes
A coalition of maritime business and industry organizations sent a letter to key Members of Congress on Friday, March 24 urging funding for the Great Lakes Restoration Initiative (GLRI) to further support efforts undertaken by the State of Illinois to slow, stop and reverse the migration of Asian carp, an aquatic invasive species, through cost-effective measures. In the letter, the UnLock Our Jobs (UOJ) coalition members review the record of success that the GLRI has had in working with the State of Illinois to develop a range of strategies to control Asian carp…
Insights: Benny Cenac, Jr., Owner & CEO, Cenac Towing Company
Arlen “Benny” Cenac Jr. is a third-generation owner of Cenac Towing Company. The firm, originally founded in 1927 by his grandfather, now does business as Cenac Marine Services. Benny has led the company since 1981 through several industry downturns by focusing on customer service, efficiency, quality and safety in its marine transportation services. Cenac Towing has clients across the country and maintains a focus on transporting liquid petroleum barges. Cenac is guided by the values and principles established by Benny’s grandfather over 85 years ago: a commitment to employee satisfaction and great company morale. As a leader in the community…
Recent Vessel Sales - February 2016
Vessel sales for February 2016 (as of March 1) as prepared by Shipping Intelligence, Inc., New York.
Louisiana Dredging Outlook
When maritime stakeholders think about dredging, they typically first conjure up visions of harbor deepening projects to accommodate those giant, post-Panamax boxships. Conversely, inland players hope for maintenance dredging in the heartland to keep the nation’s 31,000 cargo barges afloat as they head for the coast. But, there is much more to it than that. In Louisiana, dredging, of course, keeps Louisiana's waterways open for navigation, provides material for coastal restoration and helps industrial plants with drainage. The biggest projects are sponsored by the U.S.
LNG Names New MD
Australia's Liquefied Natural Gas Limited (LNGL) has appointed Chevron executive Greg Vesey to replace company founder Maurice Brand as managing director and chief executive. Brand will continue on with LNG as an executive director until his retirement in June next year. Vesey, a 25-year veteran of Chevron, will be based in Houston, Texas. Greg brings a wealth of experience through his 35 years with Chevron Corporation where his responsibilities most recently included Chevron's Global Gas marketing and trading activity including extensive LNG development work. Previous appointments covered the introduction of new technology, international operations and included commercial and execution responsibilities as well as liaising with stakeholders.
APT’s 2nd ECO Class Product Carrier Christened
On Saturday, April 23, General Dynamics NASSCO hosted a christening ceremony for the second Jones Act ECO Class tanker for American Petroleum Tankers (APT) under construction at the company's shipyard in San Diego. U.S. Representative Scott Peters spoke at the ceremony, and the ship’s sponsor, Trang Cormack, christened the ship with the traditional break of a champagne bottle alongside the ship. The ECO Class tanker, the Magnolia State, is the second of a five-tanker contract between NASSCO and APT…
NASSCO Delivers Second ECO Tanker to APT
On Thursday, May 19, shipbuilders at General Dynamics NASSCO delivered the Magnolia State to longtime customer American Petroleum Tankers (APT). The ECO Class tanker is one of the most fuel-efficient and environmentally friendly tankers in the world and symbolizes the emerging future of green shipping. It is also the fifth ship NASSCO shipbuilders have delivered in the past eight months. The Magnolia State is the second of a five-tanker contract between NASSCO and APT, which calls for the design and construction of five 50,000 deadweight ton, LNG-conversion-ready product carriers with a 330,000 barrel cargo capacity. The 610-foot-long tankers are equipped with a new “ECO” design, which provides a 33 percent fuel efficiency improvement compared to product tankers built only a few years ago.
Magnolia LNG Receives Final FEIS
Liquefied Natural Gas Limited and Magnolia LNG LLC (Magnolia) announced that the United States Federal Energy Regulatory Commission (FERC) issued the Final Environmental Impact Statement (FEIS) for the Magnolia LNG (MLNG) project in Lake Charles, Louisiana, and the associated Kinder Morgan Louisiana Pipeline (KMLP) Lake Charles Expansion Project on 13 November 2015. Issuance of the FEIS represents the culmination of FERC Staff’s environmental and safety review of the proposed MLNG and KMLP projects. In completing the unified FEIS for the two projects, the FERC conducted a comprehensive environmental, safety and security review analyzing publicly available data…