Strong Fleet Growth to Keep LNG Shipping Rates in Check
2017 will be a tough year for LNG shipowners as rates are expected to remain under pressure, according to the latest edition of the LNG Forecaster report published by global shipping consultancy Drewry. This year has started on a positive note for LNG shipowners as spot rates have firmed up to the West of Suez because of seasonal demand for LNG. Many analysts have started writing positive stories about the LNG shipping market believing that the momentum in rates will continue.
CMA CGM Rolls Out TURAF EXPRESS Service
Shipping group CMA CGM has announced the new service offer TURAF EXPRESS which directly links Turkey, Tunisia and Libya via Malta. It is the first CMA CGM line to offer a direct connection between Northern Turkey (Istanbul, Gemlik and Aliaga) and the main Libyan ports (Misurata and El Khoms) in order to develop short sea lines intra-Mediterranean activities. Thanks to the call in Malta, a CMA CGM‘s hub, transshipment connections are offered towards worldwide markets with other group’s services.
Diana Inks Time Charters with Koch
Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, has 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 Capesize dry bulk vessels, the m/v Seattle. The gross charter rate is US$11,700 per day, minus a 5% commission paid to third parties, for a period of minimum fourteen (14) months to about seventeen (17) months.
Aus Defence Chief Launches ‘Navy and the Nation’
Despite the oft sung words in the national anthem, Australians live often detached from the reality that “…our home is girt by sea”. In Canberra on 30 January, senior Defence leaders gathered at the Australian War Memorial to help launch a book that highlights Australia’s reliance on sea trade and a formidable Navy to protect sea lanes and prosperity. In the presence of His Excellency, General the Honourable Sir Peter Cosgrove AK…
Indian Navy's TROPEX 17 Gets Underway
The Indian Navy’s Annual Theatre Readiness Operational Exercise (TROPEX) got underway on 24 Jan 17. The month long exercise will have ships and aircraft of both the Western and Eastern Naval Commands, as also assets from the Indian Air Force, Indian Army and the Indian Coast Guard exercising together. The exercise is being conducted off the Western Seaboard. The last edition of the exercise was conducted in January 2015.
DMA Cutting Back Special Rules for Danish Shippers
A benchmark analysis shows that Denmark has 33 special requirements for ships flying the Danish flag, a number which the Danish Maritime Authority (DMA) seeks to scale back as it aims to create a more favorable environment for shippers. “Denmark is characterized by quality shipping and Deloitte’s benchmark analysis confirms that Denmark is a good place to conduct maritime business,” said DMA Director General Andreas Nordseth.
New Cutting Machines for US Navy Shipyard
Profile Cutting Systems has completed the installation of two large Plasma & OxyFuel Cutting Machines for a U.S. Navy shipyard. Each system features dual Lincoln 400-amp Plasma systems, infinite rotation triple Oxyfuel beveling torches and introduced OxyFuel Cutting Torches. The oxygen and fuel mixtures for the Cutting Torch are totally CNC controlled, require no tools for tip changes, have internal automated height adjustment and automated spark ignition.
Antarctic Rescue Mission Underway
Emergency responders have launched an urgent rescue mission to Antartic waters to evacuate a cruise ship passenger who is suspected to have suffered a stroke early Monday morning. Working closely with the U.S. Antarctic Program and the vessel’s operator and crew, Rescue Coordination Centre New Zealand (RCCNZ) is coordinating the medevac after receiving a call from the expedition cruise ship MV Ortelius located in the Ross Sea, off the Antarctic ice shelf, 3,600 km south of New Zealand.
US Maritime Advisory System Established
The new U.S. Maritime Advisory System establishes a single federal process to expeditiously provide maritime threat information to maritime industry stakeholders, including vessels at sea.
Oldendorff to Open Copenhagen Office
Lubeck headquartered dry bulk shipping company Oldendorff Carriers said it plans to open an office in the maritime cluster in Hellerup, Denmark by June 2017. The new office just north of Copenhagen will be headed by Oldendorff Executive & Board Director Jens Jacobsen, who will lead a team initially consisting of eight to 10 people. The company intends to relocate a number of people to the new location…
Citywide Ferry by Hornblower Takes Center Stage
The construction of up to 20 new ferries for New York City is arguably the most exciting maritime new construction project in the U.S. this year. Last month we visited with Cameron Clark, Corporate Vice President, Development and Special Projects, Hornblower, the project manager for the new Citywide Ferry by Hornblower fleet, who discussed the challenges and opportunities ahead. Hornblower has, in the span of 36 years, become the force in the U.S.
BWMS: What does it mean for onboard operations?
As of September 8, 2016 the Ballast Water Convention officially was ratified by the International Maritime Organization (IMO), crossing the necessary threshold of 35% of world tonnage signed on courtesy of the ratification by Finland. Subsequently, at press time, the United States Coast Guard was moving rapidly to confirm type approval of BWMS systems, to date confirming the approval of three systems from Alfa Laval, Oceansaver and Optimarin.
MAN Cryo to Deliver LNG Fuel System to Italian Ferry
MAN Cryo – MAN Diesel & Turbo’s marine LNG fuel-gas-system manufacturer – has signed a contract with Sefine Shipyard in Turkey to deliver a marine LNG fuel-gas supply system (FGSS) to an Italian ferry. The LNG supply system consists of a 150 m3 vacuum-insulated storage tank, with auxiliary equipment, including an LNG vaporizer, pressure build-up unit, bunker station and heat exchanger. The MAN Cryo…
Training Program Seeks to Develop Alaskan Shipbuilders
A new shipbuilding and repair training program in Alaska aims to develop an advanced manufacturing workforce comprised of state residents. Shipbuilder and repairer Vigor has teamed up with the maritime workforce development network Maritime Works for a public, private and philanthropic initiative called Advancing Alaskan Workers, which will train Alaska’s next generation of advanced manufacturing workers.
SAFE Boats Names Champagne Senior VP, Operations
SAFE Boats International has appointed Hartwell Champagne as its new Senior Vice President of Operations. Champagne joined SAFE Boats in 2013 and has been a key member of the company’s executive team. Prior to his new assignment, Champagne was the General Manager of the company’s Large Craft Production facility in Tacoma, Wash. where the U.S. Navy’s Mk VI Patrol Boats are manufactured. Hartwell has been part of the defense and government contracting industries almost the entirety of his career.
Great Lakes/Seaway Iron Ore Trade Slid 0.5% in 2016
Shipments of iron ore on the Great Lakes and St. Lawrence Seaway totaled 54.1 million tons in 2016, a decrease of 0.5 percent compared to a year ago, according to the Lake Carriers’ Association (LCA). Shipments also trailed the trade’s long-term average by 8.3 percent. Shipments from U.S. Great Lakes ports totaled 48.9 million tons, an increase of 3.8 percent, LCA said. Four ports saw shipments rise over 2015 levels, but three ports registered decreases.
GTT Bags Order to Equip Höegh’s New FSRU
GTT said it has received an order from Hyundai Heavy Industries (HHI) to equip a new floating storage and regasification unit (FSRU) with its Mark III cryogenic membrane containment system.
Several Milestones on US Navy, Coast Guard Builds
GE’s Marine Solutions noted that several milestones were recently marked on U.S. Navy and Coast Guard surface combatant programs that all use GE’s LM2500 aeroderivative marine gas turbines. On December 23, 2016, the U.S. Navy accepted delivery of the fifth Independence-variant Littoral Combat Ship (LCS), the future USS Gabrielle Giffords. GE will provide 20 LM2500 gas turbines for the Austal USA LCS program, part of a contract for up to 10 ships to be built by Austal USA.
New Series of Portable Solar Power Battery Packs
Larson Electronics, a manufacturer and supplier of industrial grade lighting solutions, said it has released a new series of portable battery packs powered with lithium-ion batteries that offer multiple charging capabilities. These battery packs are powered by lithium ion batteries with a Samsung ICR18650-3.7V-2600mAh cell. These units are designed for off-grid use in remote locations with solar panel compatibility (Escape 30, Boulder 15, Nomad 27, and Nomad 13).
My Jobs: New App for Bureau Veritas Surveyors
The latest digital development launched by Bureau Veritas (BV) supports in-service surveyors with a new mobile app for class and statutory surveys. My Jobs is a mobile application developed by the Marine & Offshore division of BV to facilitate the survey process from end to end. BV’s ships in service surveyors are now able to access up to date information on mobile devices anytime and anywhere. Over…