d’Amico Chooses Sealink Premium Plus VSAT
Italian ship owner and long-term Telemar customer d’Amico Group has selected Marlink’s Sealink Premium Plus VSAT service to enhance connectivity across its fleet of over 50 product tankers and dry cargo vessels. Sealink Premium Plus provides global connectivity for d’Amico’s business and vessel operations, in addition to supporting crew welfare. With Sealink Premium Plus, the d’Amico fleet will receive…
US Sanctions Chinese Shipping Firm over North Korea Ties
The U.S. Treasury Department said on Thursday it was placing financial sanctions on two Chinese nationals and a Chinese shipping company over their ties to North…
Wicker’s SHIPS Act Included in Defense Bill
U.S. Senator Roger Wicker, R-Miss., Chairman of the Senate Seapower Subcommittee, announced that he successfully added his “SHIPS Act” proposal to help the Navy reach its requirement of a 355-ship fleet in this year’s “National Defense Authorization Act” (NDAA). The Senate Armed Services Committee unanimously approved the national defense bill, authorizing $640 billion in overall funding for America’s servicemembers, military installations and industrial base.
Global Shipping Feels Fallout from Maersk Cyber Attack
Global shipping is still feeling the effects of a cyber attack that hit A.P. Moller-Maersk two days ago, showing the scale of the damage a computer virus can unleash on the technology dependent and inter-connected industry. About 90 percent of world trade is transported by sea, with ships and ports acting as the arteries of the global economy. Ports increasingly rely on communications systems to keep operations running smoothly…
Rosneft May Build LNG Plant in Far East on Its Own
Russian energy giant Rosneft may build a liquefied natural gas (LNG) plant in the far east using exclusively its own resources and gas reserves, Rosneft vice president Vlada Rusakova said on Thursday.
ALMACO's CEO is Bullish on Maritime
Where many see challenges, Vilhelm Roberts, CEO and President of ALMACO Group sees opportunity, as his company has carved a niche in providing turnkey accommodation spaces and food handling areas serving the global maritime and offshore markets. He discusses the company’s strategy and future with Maritime Reporter. “We were born global,” said Roberts. The mother company is in Finland, and he leads the company from the company’s office in Florida along with his CFO who is in the office in France.
LNG Marine Fuel Institute Launched in Canberra
Port Hedland Mayor, Camilo Blanco, and the Town of Port Hedland’s CEO, David Pentz, attended the launch of the LNG Marine Fuel Institute at Parliament House, Canberra on Wednesday, June 21. The Institute, which was opened by The Honorable Josh Frydenberg MP, Federal Minister for the Environment and Energy, hopes to see Australian LNG as the primary fuel for marine transportation, powering the road, rail and mining industries.
Weak US Imports Push European Gasoline East
Unusually bloated gasoline inventories in the U.S. during peak summer driving season has kept the transatlantic arb barely workable. EIA data indicates that gasoline imports into the U.S. East Coast (PADD 1) for June averaged 549 kb/d so far, down by 15.4 percent m-o-m. As such, an atypical influx of LR tankers carrying gasoline from Europe have been fixed to the East in recent weeks. At least 6 LR2 and LR1 tankers loaded with gasoline are heading from the ARA region to AG/Singapore in June.
NYK, Kyushu Electric Power Partner on LNG Transport
Japanese firms NYK and Kyushu Electric Power Co. Inc. say they have reached an agreement to partner in various fields, including liquefied natural gas (LNG) transport. According to NYK, the agreement will allow Kyushu Electric Power to use vessels from the shipping company’s fleet for short-term LNG transport, enabling NYK to improve its profitability through efficient vessel allocation and Kyushu Electric Power to improve its flexibility in LNG transport.
China’s Largest Box Ships Powered by ABB Turbochargers
ABB turbochargers are powering the main engines and auxiliary engines of the largest containership ever built in China, a 20,000 TEU vessel named COSCO Shipping Taurus, launched in June 2017. This first ship was built by Shanghai Waigaoqiao Shipbuilding Co., Ltd (SWS) for delivery to COSCO Shipping Lines Co. Ltd, the world’s fourth largest container shipping company. A further ten vessels also for COSCO Shipping Lines will be applied with the same ABB turbocharger configuration.
MR Tanker Stena Impeccable Named in Rotterdam
The latest IMOIIMAX tanker to be delivered, Stena Impeccable, was officially named during a ceremony in the Port of Rotterdam. The vessel’s godmother was Trintje Margaretha Oosters, from Dutch RVB Company with which Stena Bulk and Stena Weco have a long-lasting relationship. The Stena Impeccable was delivered at the beginning of March this year after which she sailed from China to Australia with a cargo of caustic soda.
Hempel Invests in Fire Protection Coatings R&D
Coatings manufacturer Hempel announced that it is investing in a new research and development center focused solely on passive fire protection coatings. Located just outside Barcelona in Spain, the center is due to open toward the end of 2018. Passive fire protection (PFP) coatings are increasingly important in the construction and oil and gas industries. Applied to structural steel in large buildings and industrial oil and gas installations…
USCG Vice Commandant Visits Fairbanks Morse
On June 21, Fairbanks Morse hosted U.S. Coast Guard Vice Commandant, Admiral Charles Michel at its facility in Beloit, Wisc., where the USCG second in command was briefed on the company and viewed the manufacturing line that will build the engines to power the Coast Guard’s newly awarded Offshore Patrol Cutters (OPC) for decades to come. The highest ranking officer of the U.S. Armed Forces to visit Fairbanks Morse in modern history…
ST Engineering Adds Nonexecutive Director
Singapore based defense and engineering firm Singapore Technologies Engineering Ltd (ST Engineering) has appointed Neo Kian Hong as nonindependent and nonexecutive director of the company…
TransLink Orders Second Damen SeaBus
TransLink, Metro Vancouver’s regional transportation authority, has signed a contract with the Damen Shipyards Group for an additional SeaBus, to ferry passengers between downtown Vancouver and North Vancouver in British Columbia, Canada. The order comes as TransLink celebrates the 40th anniversary of its SeaBus service. Once the new vessel comes into service in 2019, SeaBus will have three vessels…
ClassNK Updates PrimeShip-HULL for Container Carriers
“PrimeShip-HULL for Container Carriers” consists of prescriptive calculation software and direct strength assessment software and offers improvements in the quality and efficiency of ship design. The main features of the latest version are as follows. The prescriptive calculation software enables designers to perform assessments for structural strength requirements such as yield strength and fatigue…
HENSOLDT Acquires Kelvin Hughes
Kelvin Hughes has been acquired by HENSOLDT (formerly Airbus Defense Electronics) as a result of an agreement by its owners ECI Partners to sell its investment in the company. “Following the buyout from Smiths Group, ECI has been a consistent and supportive partner as we have consolidated our position as a global leader in surveillance and security radar solutions,” said Kelvin Hughes CEO, Russell Gould. Completion of the transaction remains subject to regulatory clearances.
Baltic Index Down as Capesize Rates Weigh
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, edged lower on Thursday as demand for larger vessels fell. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, was down 9 points, or 0.97 percent, at 920 points. The capesize index fell 24 points, or 2.05 percent, to 1,146 points. Average daily earnings for capesizes…
Shell's FLNG Facility Sets Sail for Australia
Royal Dutch Shell's Prelude floating liquefied natural gas (FLNG) ship has left a shipyard in South Korea for its destination offshore northwest Australia, the company said on Thursday. Shell's $12.6 billion Prelude project is expected to start operating next year, the company said, after long delays since the oil major first decided to go ahead with the project in 2011. Once the facility arrives in Australia…
MacGregor, ESL Shipping Pact on Autonomous Crane
MacGregor, part of Cargotec, and ESL Shipping Oy, part of Aspo Plc, have agreed to jointly develop and test an autonomous discharging feature on MacGregor bulk handling cranes. It is designed to offer safety and efficiency advances. The cranes will be fitted on board ESL Shipping's two new liquefied natural gas-powered handysize bulk carriers. "Autonomous crane operation improves efficiency and safety," says Leif Byström, Senior Vice President, Cargo Handling at MacGregor.