MOL, DSME Collaborate on New FSRU Tech
Japanese shipping major Mitsui O.S.K. Lines (MOL) has entered into an agreement with Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) to jointly develop a new technology to reduce environmental impact for Floating Storage and Regasification Units (FSRU).The new technology named ‘Cryo-Powered Regas’ will enable to utilize the LNG cold energy, which used to be disposed of, as power…
Wilhelm Wilhelmsen Dies at 82
Wilhelm Wilhelmsen, the fourth-generation owner of the maritime industry group Wilhelmsen group, died on February 22 at the age of 82.Wilhelmsen, born June 8, 1937, was a very well-respected business leader and spokesperson for Norwegian shipping and the maritime industry at large. Wilhelmsen group was established by his great grandfather in Tønsberg, Norway in 1861.Wilhelm Wilhelmsen said it was instrumental…
ASCO to Prevent Environmental Damage
Azerbaijan Caspian Shipping Company (ASCO) considers environmental protection as one of the key criteria for sustainable development, claimed the company.ASCO constantly pays attention to minimizing the environmentally negative impact of oil sludge, used oils, other liquid and solid emissions resulting from the operation of ships and coastal facilities on water sources, soil and atmosphere. During operations…
Hurtigruten Makes History in Antarctica
MS Roald Amundsen, a battery-hybrid powered expedition cruise ship operated by Hurtigruten, has been exploring waters further south than any ship operated by the line in its 127-year history.The world's first hybrid electric-powered expedition ship crossed the Antarctic Circle and kept going, reaching the ice edge at 70 degrees south on Wednesday at 4:14 p.m. on February 19th Antarctica time."Our guests are thrilled!
GTT Acquires Marorka
French LNG containment specialist Gaztransport & Technigaz (GTT) has acquired 100 percent of the share capital of the Icelandic smart shipping specialist Marorka.Based in Iceland and specialized in Smart Shipping, Marorka designs maritime energy monitoring and optimization systems for vessels, allowing them to reduce their environmental footprint. The company’s systems have been installed on more than 600 vessels.The shipping industry has started its environmental transition in January 2020…
Belships Sells Bulker to Marti Shipping
Belships ASA, a bulk carrier operator and ship management company, has confirmed that it entered into an agreement with Marti Shipping & Ship Management of Turkey for a bareboat charter and subsequent sale of BELEAST.The 50 000 dwt bulk carrier was built in 2006 and was the oldest ship in Belships fleet. BELEAST was delivered in December as planned and Belships realized a gain of USD 4.4m.The Charterer…
Top Ships Sells 50% Owned Vessels
The international ship-owning company Top Ships announced that its 50% subsidiaries which own M/T Holmby Hills and M/T Palm Springs entered into agreements to sell both vessels to unaffiliated third parties.According to the owner and operator of modern, fuel efficient "ECO" tanker vessels, the vessel sales are subject to customary closing conditions and are anticipated to be concluded during March…
AV in Support of Naval Operations
Europe’s leading Naval defence company Naval Group has developed a range of sophisticated solutions to operate unmanned vehicles and protect warships systems to enhance the defence of sovereign interests.The French shipbuilding company has presented its solution to address compelling information modern warfare trends at the Unmanned Systems Exhibition (UMEX) in Abu Dhabi.Set in the context of emerging threats including the use of mines…
Global shipping Hit by Coronavirus
Global shipping holds its breath as the coronavirus continues to spread and generates massive economic and financial uncertainty.Two weeks ago, BIMCO argued that – from an economic perspective - when China sneezes, we all catch the flu. Since the SARS outbreak in 2003, the global economy has become much more interlinked with China and the Chinese economy has grown to become the second largest in the world.While hard facts and reliable data are in high demand…
AAM Builds Patrol Boat for Texas Parks and Wildlife
Shipbuilder All American Marine, Inc. (AAM) said it has launched an aluminum catamaran built to patrol Texas state and federal waters for the law enforcement division of Texas Parks and Wildlife. The 80’ x 27’ (OAL) Captain Murchison features twin CAT C18 ACERT D Engines, with Hamilton Jet HM 521 waterjets and is built to USCG Subchapter T standards. It is also the first vessel in North America to feature Hamilton Jet’s innovative Advanced Vessel Control (AVX) system.
Branson: Virgin Cruise Line Will Overcome Coronavirus Fears
British entrepreneur Richard Branson heralded his first cruise ship "Scarlet Lady" on Friday as targeting a younger generation of holidaymakers with a range of attractions that he believes will outweigh any fears around coronavirus.Despite the unfortunate timing, with passengers on one ship quarantined in Japan after hundreds caught the virus and another turned away by five countries over fears someone on board may be ill…
Baltic Index Posts Gain, But Shipping Activity Slows
The Baltic Exchange's main sea freight index rose for a fifth straight session on Friday, ending higher for a second straight week, as vessel rates rose despite concerns over the impact of coronavirus on global growth.The Baltic index, which tracks rates for capesize, panamax and supramax vessels that ferry dry bulk commodities, rose 17 points, or 3.5%, to 497.The index posted gains for a second straight week.The capesize index…
New Push Tug Delivered to Vane Brothers
Vane Brothers said it has taken delivery of the second of four 3,000-horsepower push tugs being built by Chesapeake Shipbuilding Shipbuilders and Naval Architects in Salisbury, Md.The newbuild, Annapolis, has a design that is identical to the tug Salisbury, delivered in 2019. With a length of 94 feet, width of 34 feet, molded depth of 10.5 feet, and working draft of 8.5 feet, each vessel in the Subchapter…
LNG Bunkering Operations Triple in Spain in 2019
Ship operators carried out 195 liquefied natural gas (LNG) bunkering operations at Spanish ports in 2019, 135 more than in the previous year, Spanish authorities said on Friday.81,704 cubic metres of LNG was supplied to ships during the year.The upward trend continued in January 2020, with 35 operations supplying 12,055 cubic metres.Spain has seven LNG terminals, more than any other country in Europe.
MAN Propulsion for Royal Canadian Navy Tugs
OCEAN Industries Inc. has ordered 8 × MAN 12V175D-MM, IMO Tier III-compliant engines in connection with the construction of 4 × 24-meter ASD tugs for the Royal Canadian Navy. The vessels are set respectively for delivery to Canada’s major naval bases at Esquimalt, British Columbia and Halifax, Nova Scotia, with each location set to receive two tugs. Under the contract, MAN Energy Solutions will also provide SCR (Selective Catalytic Reduction) technology for the engines…
Wärtsilä's LFSS Undergoes Engine Testing
Wärtsilä’s liquefied petroleum gas (LPG) Fuel Supply System (LFSS) has completed full scale testing with a full sized two-stroke marine engine burning LPG as fuel. This was the world’s first such testing protocol, according to Wärtsilä.It was initially decided to retrofit the Wärtsilä LFSS to four very large gas carrier (VLGC) vessels owned by Oslo-listed BW LPG. However, following the tests, in which the performance exceeded expectations…
Adm. Schultz Delivers State of the Coast Guard Address
U.S. Coast Guard Commandant Adm. Karl Schultz outlined his vision for the service Thursday during the State of the Coast Guard Address in Charleston, highlighting the organization’s top initiatives, accomplishments over the past year, and challenges facing the service today and on the road ahead.The 26th Commandant stressed the importance of America's marine transportation system and highlighted Coast…
Harvey Gulf Eyes International Markets
Offshore marine transportation firm Harvey Gulf International Marine says it has been able to achieve success in the turbulent offshore market by constantly reinvented itself to fit the industry demands.Never afraid to shake things up, Harvey Gulf has maintained this mindset throughout its 70-year-history, says CEO Shane Guidry. “From a humble beginning of a three oyster fishing vessels used as supply…
Ofgem Selects Hornsea One OFTO
UK energy regulator, the Office of Gas and Electricity Markets (Ofgem), has selected Diamond Transmission Partners as the preferred bidder for the offshore transmission of the 1200MW Hornsea Project One wind farm in the UK.Diamond Transmission Partners is a consortium of Mitsubishi Corporation and Chubu Electric Power. Hornsea One is an offshore wind farm is in 120km off the Yorkshire Coast. The project…
Diana Shipping Fixes Coronis with Koch
Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Koch Shipping Pte. Ltd., Singapore, for one of its Panamax dry bulk vessels, the m/v Coronis.The global shipping company specializing in the ownership of dry bulk vessels said that the gross charter rate is US$8,000 per day, minus a 5% commission paid to third parties, for a period of about nine months to about 10 months.The charter commenced earlier today.
