Asian Spot LNG Prices Slip on Weak Demand
Asian spot LNG prices fell this week on poor demand from major gas-consuming regions despite a slew of new purchase tenders. The May spot LNG contract fell by $0.25 cents to $5.40 per million British thermal units (mmBtu), with new production coming on stream in Australia and the United States. Analysts and traders mainly blamed low demand for driving prices lower. In the Middle East, Abu Dhabi was…
Eight Damen Interceptors for Panama
The National Air and Naval Service of Panama (Servicio Nacional Aeronaval - SENAN) has taken delivery of four Interceptor 1102 vessels from Damen Shipyards Group. The President of Panama, Juan Carlos Varela, performed the christening ceremonies of all four vessels on February 6, 2017. Coinciding with the vessel handover, SENAN also signed a second contract with Damen for an additional batch of four Interceptors.
Ferry Runs Aground in New Jersey
U.S. Coast Guard Station Sandy Hook oversaw the transfer of 95 passengers from a grounded ferry, the Whaling City Express, Thursday, near Highlands, New Jersey. At approximately 11:15 p.m., watchstanders at Sector New York Command Center were notified that a Seastreak Ferry with 95 passengers aboard ran aground 200-yards from the pier in Highlands, N.J. Sector New York watchstanders launched a Coast Guard rescue crew from Coast Guard Station Sandy Hook.
BP Awards Gulf of Mexico Work to Subsea 7
Subsea 7 said it was awarded a contract by BP as part of the deepwater Mad Dog 2 development, located approximately 190 miles south of New Orleans. The contract scope covers engineering…
WSF’s M/V Kaleetan on Board with Sherwin-Williams
A total of 5,300 gallons of Sherwin-Williams Protective & Marine Coatings ensures that one of Washington’s most valuable assets will provide service for years to come. With a longstanding history of ferry operation in the Puget Sound, Washington State Ferries (WSF) was in need of a coatings company with just as strong of a reputation when preserving the 3,634-ton M/V Kaleetan auto/passenger ferry in the summer of 2015.
Search Called off for Missing Cruise Ship Passenger
The search for an American cruise ship passenger who fell overboard 33 miles off the Cuban coast has been suspended after more than 16 hours of searching. The U.S.
Kull Named President of Torqeedo Group
Marcia Kull has been named President of Torqeedo Group, Inc., and will direct global sales and strategy for the electric and hybrid marine propulsion systems manufacturer. Kull will oversee Torqeedo’s growth activities in the Americas, EMEA and Asia-Pacific regions. The newly created position is an expansion of the current management team. She will assume her new role on May 1, 2017. Kull joins Torqeedo from Volvo Penta of the Americas, where she was most recently Vice President, Marine Sales.
Case Study: 18-day Exhaust Gas Scrubber Install
Goltens was contracted by a large cruise vessel owner to undertake the installation of two exhaust gas scrubbers on one of its ships to comply with sulfur emissions regulations. The vessel is powered by four GMT/Sulzer 16ZAV40S and two GMT/Sulzer 12ZAV40S diesel electric generating sets. The project involved the evaluation, planning, design and installation of two 10+ meter long exhaust gas scrubber…
Baltic Index Rises to Over 4-month High
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, closed at its highest level in more than four months, helped by stronger rates across all vessel segments. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, ended up 44 points, or 3.7 percent, at 1,240 points, a level last seen on Nov. 21. The capesize index gained 137 points…
MacGregor, Rolls-Royce to Study Containership Autonomy
A new collaborative research and development initiative will explore the impact of developments in autonomy for cargo ship navigation and cargo systems onboard containerships.
SOV Bibby WaveMaster 1 Launched
The service operations vessel (SOV) Bibby WaveMaster 1 was officially launched at Damen Shipyards Galati in Romania on March 24. When completed, Bibby Marine Services Limited, part of Bibby Line Group, will deploy the vessel to support forthcoming offshore wind construction and O&M projects in the North Sea. Stephen Blaikie, Chief Executive Officer, Bibby Marine Services Ltd, said, “This is an important key milestone in the delivery of the vessel.
EGCS Ready Notation for MOL Ships
ClassNK issued EGCSR-F (Exhaust Gas Cleaning System Ready Full) notations to nine ships operated by Mitsui O.S.K. Lines, Ltd., meaning that the ship fulfills requirement for SOx scrubber retrofitting. Following discussions on the implementation schedule of MARPOL Annex VI SOX/PM regulations at MEPC70 in October last year, all ships operating outside Emission Control Areas (ECA) will be required to limit sulfur emission levels to under 0.50% from 1 January 2020.
VLCC Rates to Remain Weak on Output, Tonnage Woes
Freight rates for very large crude carriers (VLCCs), which fell to a near six-month low on Thursday, will remain weak until the Asian refinery maintenance season gets completed, starting April-end. "I haven't seen a collapse in rates like this for some time. People are taking insane rates," said Ashok Sharma, managing director of ship broker BRS Baxi in Singapore. Output cuts by oil producers, refinery…
Pirates Seize Somali Vessel to Use as Floating Base
Pirates have seized control of a Somali fishing boat to use as a base from which to attack larger ships, police said on Friday, a week after Somali pirates hijacked…
Heading Towards the 2020 Sulphur Limit
The need for all stakeholders to work towards effective and consistent implementation of the 2020 0.50% global sulphur limit has been highlighted during maritime industry events in Denmark this week. International Maritime Organization (IMO)’s Edmund Hughes spoke about IMO’s role moving towards the 0.50% sulphur limit at an event focusing on the “2020 global sulphur challenge: Implementation and Enforcement”, hosted by the Danish Ecological Council (21 March).
ICT Changes Bring Capability Enhancement for Navy
The biggest upgrade of Defence Secret and Protected networks in more than ten years will drive significant change for Navy, with 192 shore locations set to experience major network overhauls. The magnitude of the program reflects the need for the department’s information footprint to be able to support Defence capability well into the future. Commodore Jeff Goedecke is the Director General of Business…
Cosco Shipping 2016 Profit Dip
Cosco Shipping International (Hong Kong) has seen its profit for the year ended December 31, 2016 drop 29 percent to HKD 236.5 million (USD 30.4 million) from HKD 362 million (USD 46.6 million) reported a year earlier. Although the company’s operating profit dropped to HKD 544.2 million for the full year from HKD 690.7 million reported in 2015, Cosco Shipping International said that its revenue for the period increased to HKD 7.4 billion from HKD 5.9 billion.
Denmark Makes More AIS Data Available
Having already published Automatic Identification System (AIS) vessel traffic data from 2014-2016 on its website, the Danish Maritime Authority (DMA) has made even more historical AIS data available. Now anyone who may be interested can also access Danish AIS data from 2006 to 2014. The files will be available for free from the DMA website, but only for the next six months, as the data quantity is comprehensive and will require large storage capacity, the DMA said.
Norway’s USN to Upgrade Its Maritime Simulators
The University College of Southeast Norway (USN) has contracted Kongsberg Digital to deliver a major upgrade of its maritime simulator park. The contract, signed on March 16, 2017, includes five new K-Sim ship’s bridge simulators to be delivered during Autumn 2017 in addition to a Long Term Simulator Support Programme (LTSSP), which provides dedicated support services in addition to updates to the latest KONGSBERG simulator software developments.
Tradewinds Towing Returns to Laborde for Repowers
In September of 2006, Dominique Smith of the then one tug company Tradewinds Towing came to Laborde Products, to look at the S12R engine for the repower of the Miss Lis, an Alaskan built low profile tug he planned on repowering. Later that same month, the deal was made, and shortly thereafter, the Miss Lis set sail with new Mitsubishi engines and Reintjes transmissions supplied by Laborde Products.