Novatek in Talks on LNG Transhipment
Russia's liquefied natural gas (LNG) producer Novatek is in talks to tranship its Yamal cargoes in Norway or Russia's Murmansk because it is unsure of the impact of U.S. sanctions on the Chinese COSCO tankers it uses, a Novatek official said.The United States imposed sanctions on Sept. 25 on state-owned COSCO's subsidiaries, COSCO Shipping Tanker (Dalian) Co and COSCO Shipping Tanker (Dalian) Seaman & Ship Management, for allegedly ferrying Iranian crude.U.S.-listed ship owner Teekay LNG said last week its shipping joint venture in Russia, Yamal LNG, had been "blocked" by the U.S.
Tschudi Shipping Considers Alaska Port Possibilities
Tschudi Shipping Co., one of Norway's oldest shipping firms, will begin exploring the possibility of establishing a transshipment port in western Alaska, Lt. Governor Mead Treadwell said today. Treadwell, who leads the state's work with the eight-nation Arctic Council, applauded Tschudi's decision, saying it is a tremendous step toward developing Alaska's economic opportunities related to Arctic shipping. Tschudi Shipping Co. is owned and operated by the fourth generation of the Tschudi family and operates shipping…
USTC Companies Announce New Board of Directors
Experienced shipping and finance professionals in new board for USTC companies. One of the biggest and fastest expanding companies in Denmark, A/S United Shipping & Trading Co Ltd. headquartered in Middelfart, is strengthening its organization with a new board of directors who will also take up positions in its subsidiaries Bunker Holding A/S and Uni-Tankers A/S. The composition of the board aims to encompass the expertise required to enable the parent company and its two shipping related subsidiaries to further develop in a difficult market.
Polarcus Alima travels the Northern Sea Route
One of the X-BOW vessels designed by ULSTEIN, the seismic vessel ‘Polarcus Alima’, recently transited to Asia-Pacific via the Northern Sea Route (NSR). This is the first known passage of a 3D seismic vessel along the Northern Sea Route. Her passage commenced on September 15 from Hammerfest in Norway after completion of seismic operations in the Barents Sea. After only nine days and 3,000 nautical miles the vessel reached Cape Dezhnev in the Bering Straits. She is presently continuing her onward passage to New Zealand to commence operations there.
First Bahamas Flag VLCC Awarded ISSC From ABS
The diversified international shipping group TESMA (Tschudi & Eitzen Ship Management Alliance) with its network of alliance partners servicing more than 80 vessels with full technical management and crew management support has become the latest organization to seek ABS certification and issuance of the International Ship Security Certificate (ISSC) to conform to the IMO’s International Ship and Port Facility Code (ISPS Code). The ABS classed, Bahamas flagged 284,504dwt VLCC "SAMCO" managed by TESMA Singapore Pte. Ltd was successfully audited to the requirements of ISPS Code Part A & B. According to Capt. Hemant Juneja, ABS Pacific Division Head for Safety…
Eimskip Purchases Container Ship
Iceland’s largest transport company Eimskip has purchased a containership for use on its European routes from Danish shipping company KiL Shipping A/S for more than $10 million, company officials said. Hf Eimskipafelag Islands said in a statement it was paying 890 million Iceland crowns ($10.4 million) for the vessel from KiL, which is being acquired by Norway’s privately held shipping group Tschudi & Eitzen. The ship, to be delivered to Eimskip in Rotterdam in late April, will carry an Icelandic crew and sail on Eimskip’s South Route, linking ports Icelandic ports, Immingham in northern England, and Rotterdam. The ship has a dead weight of 8,675 tons and is 126 meters long.
