Eleven Companies Connect for Power to Gas Platform
Eleven companies in Europe joined forces in the newly established North Sea Power to Gas Platform to further develop the concept of Power-to-Gas (P2G): the conversion of renewable power into gas. P2G will play an increasingly important role in our future energy system, as it reduces temporal surpluses of renewable power by converting these surpluses into gases. As these gases can be used for different purposes such as transportation…
MES Publishes 2012 Annual Results
Mitsui Engineering & Shipbuilding Co.,Ltd. (MES) released their financial results for FY2012. The full report can be viewed here. www.mes.co.jp
Event Yacht Christened at Amels Yard
The first Amels 199, Event, has been christened at the Amels yard in Vlissingen, Holland. In a few weeks the 60-meter ship will set out on her maiden voyage to Norway to explore the fjords. Event’s delivery was part of a collaboration between Amels and Imperial. The christening was an emotional occasion, the owner sending his thanks to the Amels workforce who were there to enjoy the moment after many months of dedication and hard work.
Peene Delivers Vessel to Swedish Coast Guard
The Peene shipyard in Germany successfully completed a new series that was part of an order obtained during insolvency. The coast guard vessel (Kustbevakningen Vessel) KBV 034 was handed over to the Swedish Coast Guard, with a reflagging ceremony at dock 2 of the Peene shipyard in Wolgast, Mecklenburg-Western Pomerania. The Swedish Coast Guard originally placed the order for a total of four new coast…
GEN-SEP Cooling Water Separator
The GEN-SEP from exhaust systems manufacturer Centek Industries is used in conjunction with a Centek Vernalift muffler on generator sets to separate cooling water from exhaust gasses.
Moore Stephens Recommends Exploring Leasing Solutions
International accountant and shipping adviser Moore Stephens said shipping companies should explore leasing opportunities as a way of adjusting their self-owned and chartered-in tonnage balance in response to the radical changes that have taken place in ship financing in recent years. Phil Cowan, the firm’s Head of Corporate Finance, said, “The traditional thinking of a company needing to own all the…
Bureau Veritas Slashes MLC Compliance Time
Bureau Veritas set up a web-based system to help shipowners cut certification time for the Maritime Labor Convention 2006 dramatically. BV said the system is needed…
Combined Counter-Piracy Exercise Performed
EUCAP Nestor, EU Naval Force and the Seychelles Coast Guard carried out a joint counter-piracy exercise in the Seychelles on April 26. The exercise involved a mock…
MES Produced 3.83 Million BHP in 2012
Mitsui Engineering & Shipbuilding Co., Ltd. Said they produced 3.83 million horsepower (BHP) by 187 sets of Mitsui-MAN B&W Diesel Engine at its Tamano Woks, (Okayama Prefecture) for fiscal year 2012…
ECDIS Training Receives ClassNK Certification
ClassNK has certified the Type Specific ECDIS (Electronic Chart Display and Information System) training course provided by Iino Marine Service Busan Co., Ltd., an affiliate of Iino Marine Service Co., Ltd. ClassNK Executive Vice President Koichi Fujiwara presented the certificate to Capt. Shigeru Nemoto, President of Iino Marine Service Co., Ltd. at a special ceremony held at ClassNK’s Head Office on April 24, 2013.
Transocean Disagrees with Proposed ISS Board Nominees
Transocean Ltd. commented on a report issued by proxy advisory service Institutional Shareholder Services (ISS) regarding the company's Annual General Meeting, which will be held on May 17, 2013.
U.S. National Ocean Service 2014 Budget Request
The FY 2014 President's Budget Request for the National Ocean Service (NOS) amounts to $529.2M. The National Ocean Service (NOS) observes, measures, assesses and manages coastal, ocean and Great Lakes areas and provides science-based services to inform decision making, thereby positioning America's coastal communities, economies and ecosystems for the future. This budget request represents a critical step toward reestablishing balance across investments in NOAA's missions.
Stealth Gas Offer Stock in Order to Buy LNG/LPG Ships
StealthGas Inc., has increased the size of its stock offering, & will sell 10-million shares at $10 each using the proceeds towards purchase of 5 ships. The gross…
U.K. Offshore Wind Farm J/V Awards £15m in contracts
Joint venture partners in the East Anglia Offshore Wind Zone, Vattenfall & ScottishPower Renewables, support local sub-contractors. Vattenfall and ScottishPower Renewables…
Pirates Kidnap Four Off West African Coast
Pirates attacked the German-owned Liberian-flagged container ship 'Hansa Marburg' off the coast of Equatorial Guinea. Citing the Hamburg-based shipping firm Leonhardt and Blumberg, owners of the vessel, Reuters report that the the four hostages - two Ukrainians, a Russian and one from the Pacific island nation of Kiribati - were taken when the Liberia-flagged Hansa Marburg was attacked on Tuesday by armed men.
China LNG Contracts for GDF Suez
GDF sign significant agreements with Chinese partners for an LNG carrier charter, gas storage and regasification facilities. An agreement with the China National…
Swedish Port Stoppage Only Lasted 45-Minutes
Road haulage and port workers in Sweden secured a new three year contract after staging short-term industrial action. Members of the Swedish Transport Workers’ Union…
Teekay FPSO Receives First Oil
The 'Voyageur Spirit' FPSO has achieved first oil on the Huntington field in the United Kingdom. Teekay describe the event as an important milestone for on of its largest projects. The production unit has been installed for its new charter contract with E.ON Ruhrgas UK E&P (E.ON) and the charter is expected to last for a firm period of five years, with extension options. Teekay acquired the 2009-built Voyageur Spirit as part of the acquisition of three FPSO units from Sevan in October last year.
Korea's STX Offshore Gets Emergency Loans
Creditors of the ailing shipbuilder agree to provide STX Offshore with (US$540 million) in emergency loans. The news is cited as coming from the main creditor bank…
New Coast Guard Response Boat Delivered
Coast Guard Station Charlevoix, Michigan, accept delivery of the station’s new 45-foot Response Boat-Medium, built by Marinette Marine, of Manitowoc, Wis. The RB-M can respond faster than previous boats of similar size with a top speed in excess of 40 knots and has advanced search capability with an installed forward-looking infrared search technology. Additionally, with twin jet propulsion, the vessel is able to respond in shallower water.