USC, Ports Partner to Improve Supply Chain Technology
A strategic partnership with the USC Marshall Center for Global Supply Chain Management aimed at improving the global competitiveness of the nation’s supply chains was signed by U.S. Commerce Secretary Penny Pritzker on October 14 at the University Park campus. “Through this new partnership, we hope to encourage ports around the country to increase efficiency by adopting new technologies that will provide more information on the flow of goods to port users and stakeholders,” said Secretary Pritzker.
Skangas Secures Framework Agreement with Statoil
Skangas has entered into an agreement with Statoil for delivery of liquefied natural gas (LNG) fuel for their platform supply vessels (PSV). The LNG will be delivered to several bases along the Norwegian west coast by ship. Skangas will in addition deliver LNG to Statoil’s tugs at Kårstø. The agreement is valid from 1 April 2017 until the end of 2020 with an option for two plus two years. The supply bases are located at Mongstad, Florø (Saga Fjordbase) and Kristiansund (Vestbase).
World’s Largest LNG Bunker Supply Vessel Chartered
Liquefied natural gas (LNG) supplier Bomin Linde LNG said it has secured a capacity of 7,500 m3 LNG bunker supply vessel, the largest of its kind to date, via a time-charter contract signed with ship owner Bernhard Schulte on September 30, 2016. The vessel is chartered by a joint venture, established in November 2015, in which Bomin Linde LNG holds 90 percent. The remaining 10 percent are held by Klaipėdos Nafta, the owner and operator of the Klaipeda LNG import terminal. Upon the vessel’s commissioning slated for late 2018…
Rolls-Royce Wins Deal to Power USN TAO
Rolls-Royce won a contract to supply diesel generators, propellers and shaft lines for the US Navy’s new fleet replenishment oiler ships, the John Lewis Class. Planned to total 17 ships, the new John Lewis class (previously known as TAO – X) will increase the US Navy’s capability to transfer fuel to its surface ships, in operations around the globe. For each ship, Rolls-Royce will supply two Kamewa 150A Controllable Pitch Propellers (CPP), while two Bergen B32:40xL8A generator sets will provide power to satisfy on board energy requirements. “We are extremely proud to have been chosen to supply mission critical power and propulsion equipment to the US Navy’s new fleet of replenishment oilers," said Don Roussinos, Rolls-Royce, President – Naval.
ACE Winches Introduces New 500te Linear Winch
At this year’s Offshore Energy exhibition, global deck machinery specialist ACE Winches announced a new 500te Linear Winch to its range of specialized deck equipment. The company will showcase its range of products and services supplied to European clients operating within marine, renewables and oil and gas sectors. In recent months ACE Winches has delivered equipment and services for a number of key projects for European based companies, worth over £1.4 million. These projects have varied in type…
Master Marine Delivers Z-Drive Tug to Marquette
Marquette Transportation Co. has taken delivery of a new 2,000-hp Z-drive towboat from Master Marine, Inc., Bayou La Batre, Ala. The 78'x 34’x11' St. Simon was designed by Entech Designs, La. for Marquette’s river division, based in Paducah, Ky. Master Marine is continuing to build Z-drive towboats, with one more underway for Marquette with an increased crew capacity of nine in five staterooms with 3.5 bathrooms. The steel-hulled St. Simon is powered by a pair of Thompson Power Systems Caterpillar C32 Tier 3 1…
BIMCO Raises Concern on Global Sulphur Cap Implementation
BIMCO raises serious concern over data on available fuel ahead of MEPC decision on global sulphur cap implementation date. BIMCO, the world’s largest international shipping association, has today voiced serious concerns about some of the conclusions of the official study that will inform the decision of the MEPC over the implementation date of the 0.5% global sulphur cap. -On fuel oil quality. A significant amount of the fuel oil that the IMO study concludes will be available for marine use is unsafe to store and use onboard ships.
GP Group Expands Antwerp Bunker Operations
UAE based global bunker supplier Gulf Petrochem Group is now offering physical bunker supply in the port of Antwerp, Belgium from its existing office in Rotterdam, the Netherlands with immediate effect. The new offering will cater to the group’s global customers and provide them with a wide portfolio of marine fuel products such as RMG 380 and LSGO from two exclusive time chartered barges, the Valsinni and the Chardonnay. Both barges have a capacity of 4,600 dwt (deadweight tonnage)…
Bunkering First for Gazpromneft Marine Bunker
Gazpromneft Marine Bunker Ltd performed its first delivery of marine oil to the vessel operated by Chevron in Ust-Luga port. The delivery was arranged with cooperation with Gazpromneft-Lubricants – the Gazprom neft’s oil and lubricants business operator – as a part of its agreement for integration into the Chevron’s global supply network. Gazpromneft West bunkering vessel delivered 13.5 tonnes of TARO 40 XL 40 X marine oil to Seamarlin crude oil tanker (DWT 40549 tonnes). The…
Definitive Study On The Impact Of Global Sulphur Regulations
Marine Energy Consulting Ltd. (MECL) and 20|20 Marine Energy, two leading consultancies in this field, today announced that they will collaborate to produce a comprehensive evaluation of the impact of MARPOL Annex VI global sulphur regulations on the shipping industry. The study will include a detailed impact assessment of the regulations, as well as insights into compliance solutions, enabling recipients to make more informed decisions when developing strategies to both manage the transition, and the future.
Olympic Shipping to Get Finance
The struggling Norwegian supply vessel shipping firm Olympic Shipping said a consortium of investors is willing to invest about 500 million Norwegian crowns ($61.79 million) in a refinancing of the company, reports Reuters. Olympic Shipping is one of the shipping companies that are struggling vigorously. Since summer, Olympic Shipping lived on creditors' grace under a so-called "standstill agreement". This means that the company has released to pay installments on their loans, anticipating that one tries to find a financial solution for the company.
NBS Maritime Launches Wholesale for Ship Suppliers
NBS Maritime, one of the leading ship supply companies in the Black Sea region, launches wholesale of ship supply items, tailored to the needs of ship chandlers in the area. The company is importing directly from well selected producers and is maintaining a regular stock of a large range of products, frequently required by maritime users. He added:" This is where NBS Maritime will be of benefit for the ship supply businesses. NBS Maritime is specialized in providing a full range of services tailored to the specific needs of shipping businesses: ship supply and logistics…
World's First LNG-Powered Cruise Ships: Shell to Supply Fuel
Shell Western LNG B.V. (Shell) signed a supply agreement with Carnival Corporation & plc (Carnival) to supply liquefied natural gas (LNG) to fuel two of the world’s largest passenger cruise ships. Under the agreement, Shell will supply LNG for the world’s first LNG-powered cruise ships due to start sailing in northwest Europe and the Mediterranean in 2019. This will be the first time LNG in dual-fuel engines will be used in the cruise industry to power ships both in port and at sea.
BP Pact with Eni to Buy Gas from New Mozambique Field
BP and the Area 4 concession partners, Eni East Africa (EEA), Galp Energia (Galp), Kogas and Empresa Nactional de Hidrocarbonetos (ENH), have entered into a sales and purchase agreement for BP to purchase 100% of the liquefied natural gas (LNG) produced by the EEA-operated Coral South Floating LNG facility expected to be installed offshore Mozambique. The agreement covers the purchase of LNG for over 20 years. The agreement, which has been approved by the government of Mozambique…
Maersk Supply Service Names Karstensen CEO
Steen S. Karstensen has been appointed CEO of Maersk's offshore services arm, Maersk Supply Service, with effect from October 24. Karstensen comes from a position as Chief Procurement Officer and takes over from Jørn Madsen, who was recently appointed CEO of Maersk Drilling, effective November 7. Karstensen joined the Maersk Group in 1986 and has had led a 30-year-career with the company in procurement, logistics, supply chain, in-house consultancy and other cross-functional areas.
Damen Partners with TeamTec for BWTS
Damen Green Solutions has signed a letter of intent with Norwegian company TeamTec to supply and service the AVITALISTM ballast water treatment system. The system combines filtration and a proven, eco-friendly chemical treatment solution optimized for medium-sized to large vessels. The system is highly effective in water of any salinity, turbidity or temperature. The intention is to advance to a full partnership by the end of 2016. Currently AVITALISTM is undergoing ship board testing IMO type approval and USCG land-based testing.
PBES Lithium Energy Storage for HH Ferries
Plan B Energy Storage (PBES) said it has secured the energy storage supply contract for the two largest battery-powered ferries in the world. Each of the two Scandlines Helsingborg-Helsingör ferries will have 4.16 MWh batteries to provide power for primary propulsion. The fully electric ferries will carry their part of more than 7.4 million passengers and 1.9 million vehicles annually with zero emissions. The energy storage system, designed by PBES with a proprietary liquid cooling system that provides a higher level of safety to marine customers…
Seaborne Trade’s Key Role
Shipping plays a major role in the world’s industries, facilitating the transport of large volumes of raw and processed materials. Clarksons Research takes a look. However, the maritime sector forms a much more important part of the global supply chain for some commodities and industries than others. Comparing world seaborne trade in a range of cargoes to global production helps to make this abundantly clear. Looking at a range of cargo types (see graph), less than 50% of global production of each was shipped by sea in 2015, with a significant share of output consumed domestically.
Wärtsilä to Power Mediterranean's First LNG Ferry
Wärtsilä said it has signed a contract with Construcciones Navales del Norte SL (LaNaval) shipyard in Sestao, Spain for the design and supply of the LNG power and propulsion installation for a new RoRo passenger ferry being built for Spanish owner Baleària, an operator serving the Balearic Islands. There is also an option for a second vessel. The contract, signed in August 2016, will also see Wärtsilä provide inclusive project support services to the yard, including integration engineering and on-site consulting, as well as commissioning of the combined systems.
Freight Futures Market Avoids Tougher EU Information Disclosures
The European Union's securities markets regulator has dropped proposals to make participants in the multi-billion dollar commodity derivatives market for freight rates disclose knowledge of loading conditions, the Baltic Exchange said. The European Securities and Markets Authority (ESMA) published its report on Sept. 30 on its proposals for more disclosure of inside knowledge about commodity derivatives trading to prevent market abuse. ESMA's initial proposals could have meant that a Freight Forward Agreements (FFA) trader with private information related to a commodity to be shipped could have been found to be in breach of disclosure regulations.
Caterpillar Propulsion for New LNG Cruise Ships
Caterpillar Marine said its dual fuel engines have been selected for a new generation of cruise ships; tThe company’s MaK 16 M 46 DF dual fuel engines, along with the full LNG supply and handling system, are to be installed on four new ships, two apiece under construction at Meyer Werft’s Papenburg (Germany) and Turku (Finland) shipyards. Caterpillar Marine now offers all round LNG propulsion solutions – from shore-side bunkering to on-board storage; from bunker tanks via LNG handling and treatment to the dual fuel engines including automation systems…
Lithuania Terminal Operator to Start LNG Bunkering in 2017
Lithuania plans to start liquefied natural gas (LNG) bunkering next year, and will soon call a tender for a test cargo, Klaipedos Nafta, the operator of the terminal, said on Wednesday. The onshore bunkering station at Klaipeda port would be able to reload 250,000 cubic metres of LNG per year, both to ships and road tankers, the company added. The first two storage tanks -- each with 1,000 cubic metres capacity -- of five are expected to be commissioned in August 2017. Klaipedos Nafta has set up a joint venture with Hamburg-based Bomin Linde LNG to build and operate a bunker vessel to supply marine customers and small-scale LNG terminals in the Baltic Sea. (Reporting by Nerijus Adomaitis, editing by Louise Heavens)
Fuel Crunch Looms, Terminals in Path as Hurricane Matthew Nears US
The Southeast United States is expected to be hit with fuel shortages in the aftermath of Hurricane Matthew, as the storm barrels toward one of the largest energy-consuming regions in the country. Some states are already experiencing supply constraints as motorists fill up tanks as an emergency precaution. The region is not known for energy production, but there are significant storage facilities directly in the path of the storm that have already been evacuated. Roads in Florida…