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Shipbuilding: Seaspan Shipyards & Building Canada’s Future
There’s a shipbuilding resurgence underway in Canada that’s being driven by a long-term multibillion dollar government initiative to rebuild the federal fleet of Royal Canadian Navy and the Canadian Coast Guard vessels and breathe new life into the country’s shipbuilding industry. Seaspan’s Vancouver Shipyards is an active player.Under Canada’s National Shipbuilding Strategy (NSS), the Vancouver, B.C.
GasLog Orders LNG Duo at Samsung Heavy Industries
Monaco-based LNG shipper GasLog has ordered two 174,000 cubic meter LNG carriers (HN 2300 and HN 2301) with low pressure two stroke (“LP-2S”) propulsion at Samsung Heavy Industries in South Korea…
APM Terminals Bahrain Opens New Online Platform
APM Terminals Bahrain has launched the 'Lift' portal which allows customers to track and trace their goods, check the status of shipments and vessels and schedule deliveries - 24 hours per day…
Peak Pegasus Finally Unloads US Soybeans in China
A vessel carrying U.S. soybeans was unloading its cargo worth at least $23 million at the Chinese port of Dalian on Monday, becoming one of the first shipments to…
Thordon Bearings: EAL Protection in a Class of its Own
The ideal solution for the tightening regulatory noose also brings a different (and welcome) shade of ‘green’ for workboat operators.As the US Environmental Protection…
Hapag-Lloyd Cutting Costs as Fuel Prices Rise
German shipping company Hapag-Lloyd is cutting costs to cope with a rise in fuel prices that led it to slash full year earnings forecasts last month, its chief executive told shareholders on Tuesday."Major cost positions have risen more than initially expected and are pressuring operating margins," CEO Rolf Habben Jansen said in Hamburg."We are responding short-term to this development through forceful cost management and will keep Hapag-Lloyd competitive this way…
Subsea Robotics for Renewables
As the global fleet of offshore renewables fleet increases, ways to reduce the cost and increase the efficiency and safety of operations and maintenance work, using robotics and autonomous systems, will also grow. Elaine Maslin reports.Robotics and autonomous systems are moving into many areas of modern day life. It’s becoming harder to avoid them, from our phones to automotive systems and now offshore energy renewable projects.Both are seen as tools to do otherwise dull…
Slow, Steady Vessels Lower Operating Costs
The Swedish Club warns that vessel operators should always look to the long term, when specifying the type of engines to be installed across the fleet. Latest statistics…
Storage Tank at Libya's Ras Lanuf Oil Port Has Collapsed
One of two oil storage tanks ignited amid clashes at the Libyan oil port of Ras Lanuf has collapsed after burning for two days, a local engineer and a fire fighter said on Tuesday.Ras Lanuf's storage tank No. 12 was set on fire on Sunday, three days after another storage tank, No.
BC Ferries’ Spirit of British Columbia Converted to LNG
Spirit of British Columbia, one of two BC Ferries vessels that will use liquefied natural gas (LNG) as fuel, has finished conversion at the Remontowa Ship Repair Yard S.A. in Gdansk, Poland and has returned to service for the Canadian operator.The 1993-built ro-pax ferry Spirit of British Columbia was the first to undergo conversion while its sister vessel, the Spirit of Vancouver Island, is expected to complete conversion during the spring of 2019.
Hapag-Lloyd Scaling Back Iran Business
German shipping line Hapag-Lloyd has stopped one of two feeder services to Iran and will decide on the remaining one before a Nov. 4 deadline imposed by the United States, which has reimposed sanctions on Tehran.Hamburg-based Hapag-Lloyd, the world's fifth largest container company, said it had initiated a process to stop handling products included in the list of commodities hit by U.S. sanctions,…
Interview: Mark Knoy, President and CEO, ACBL
American Commercial Barge Line (ACBL) named Mark K. Knoy as its president and chief executive officer in August 2011. Prior to joining ACBL, he was vice president of American Electric Power’s (AEP) Fuel, Emissions and Logistics Group and president of AEP River Operations, having joined AEP with its 2001 purchase of MEMCO Barge Line. From 1984 to 1994, he was owner/operator of The Mark Twain Towing Company and Delmar Marine, Inc., Pekin, Illinois.
Kutubu Light Crude Oil Exports to Resume in Spot Trade
Sales of Kutubu Light crude oil cargoes will resume in the Asia spot market in July after a major earthquake in Papua New Guinea shut production from late February to early April…
Australia Wants to Recycle Trash from Ships
The Port of Hay Point in Queensland, Australia has kicked off a pilot program to investigate the feasibility of recycling garbage from international ships.Currently, ships' crews separate recyclable garbage on board, but have limited opportunity to offload these materials at Australian ports for recycling. Any garbage that is separated on board is combined when offloaded in Australian ports and has to undergo treatment by autoclave or deep-burial to meet Australia’s biosecurity requirements.
With Eye on Russia, US Navy Reestablishing Its Second Fleet
The United States Navy is re-establishing its Second Fleet, responsible for the northern Atlantic Ocean, nearly seven years after it was disbanded as the Pentagon puts countering Russia at the heart of its military strategy.“Our National Defense Strategy makes clear that we’re back in an era of great power competition as the security environment continues to grow more challenging and complex,” Chief of U.S.
A's Considering New Ballpark Site at Port of Oakland
Officials at the Port of Oakland say they have entered exclusive talks with a Major League Baseball team considering the waterfront at Howard Terminal as a potential location for a new ballpark.On Thursday, port commissioners approved a one-year agreement authorizing negotiations with the Oakland Athletics in the team’s search for a site to build a new stadium.One of two locations being considered by the A’s…
Louis Dreyfus Orders Wind Farm Vessel
The Louis Dreyfus Armateurs Group (LDA) and Ørsted, the Danish global leader in renewables, reinforce their 2017 partnership with the order of a second service operation vessel (SOV) dedicated to Hornsea Project Two offshore wind farm off the English coast. As sister vessel of the Wind of Change, the first SOV ordered by LDA in 2017, this second ship will also be designed in close cooperation with Salt Ship Design and will be built by CEMRE for a delivery in 2021.
Huntington Ingalls Says Steel Tariffs Won't Raise Prices for Now
Huntington Ingalls Industries, the largest shipbuilder for the U.S. government, said new tariffs on steel and aluminum should not impact the price of its own shipbuilding in the near-term, but does not know if tariffs will raise prices for its suppliers. Huntington's Newport News Shipbuilding yard in Virginia has a multi-year financial agreement that guarantees steady pricing for its steel, known as a hedge…
Deurganck Dock Gets Smart
With an annual freight volume of nearly 9 million TEU the Deurganck dock is by far the main centre of container handling in the port of Antwerp. But this tidal dock…
Vitol Stores Gasoline Aboard Ships off Singapore
Vitol seen storing gasoline off Singapore as local onshore light distillates stocks at record levels. European trader Vitol is storing gasoline on tankers offshore Singapore…