Fortuna FLNG Offtake Awarded to Gunvor
The Ministry of Mines and Hydrocarbons (MMH), Ophir Equatorial Guinea (Block R) Ltd, OneLNG SA and La Compania Nacional De Petroleos De Guinea Ecuatorial (GEPetrol) have nominated Gunvor Group Ltd (Gunvor) as its preferred LNG Buyer for offtake from the Fortuna FLNG project. All parties have agreed the principal commercial terms subject to finalising a Sale and Purchase Agreement (SPA) for the offtake ahead of the Final Investment Decision (FID) on the Fortuna FLNG project.
FTC Fines Global Car Shipping Firms USD 37.8mln
South Korea's antitrust watchdog Fair Trade Commission (FTC) has imposed a combined 43 billion won (US$37.8 million) in fines on nine global auto shipping companies for bid rigging and price fixing, reported Yonhap. According to the FTC, the nine car shipping companies colluded between August 2002 and September 2012 in global biddings offered by car manufacturers that they should “respect” existing contracts of one another so as not to compete.
A2B-online Container Ships Use Biofuels, Big Data to Cut CO2
A2B-online Container, GoodFuels Marine and We4Sea launch a collaboration project with the aim to reduce fossil fuel consumption and CO2-emissions for two A2B-online ships. Big Data technology is used to map the possibilities for more efficient shipping operations. The cost efficiencies achieved by reduced levels of fuel consumption will subsequently be used to deploy advanced, sustainable biofuels, by which the CO2-emissions will further decrease. A2B-online Container B.V.
HMAS Ballarat Returns Home
HMAS Ballarat has sailed into her home port of Fleet Base West in Rockingham, Western Australia, to a large gathering of family and friends after completing a three month deployment to South East Asia and; participating in Exercise TALISMAN SABER off the Australian coast. The deployment, which began in early April, was part of the Australian Government’s efforts to promote regional stability and improve interoperability between regional partners and included port visits to Zhanjiang…
India Commissions Second Landing Craft Utility Vessel
Indian Navy commissioned LCU L52 - a landing craft - which will be deployed for a variety of activities including transporting battle tanks and other heavy weapons systems. "Dr. Jagdish Mukhi, Lieutenant Governor, Andaman and Nicobar Islands, commissioned IN LCU L52 into the Indian Navy on 21 August 2017 at Port Blair. IN LCU L52 is the second Landing Craft Utility (LCU) Mk-IV class to be inducted into the Indian Navy," said a press release from the Navy.
USS America Pulls into Changi Naval Base
Amphibious assault ship USS America (LHA 6) arrived Aug. 21 at Changi Naval Base, Republic of Singapore and is moored across the pier from the guided-missile destroyer USS John S. McCain (DDG 56). While in Singapore, America will provide messing and berthing services to McCain crew members and to support damage control efforts on board. America will also support ongoing searches for 10 missing Sailors. Ship Repair Facility divers are on scene as well to assess the damage to the hull.
MOL Breached South Korean Antitrust Law
The Fair Trade Commission of South Korea (KFTC) announced on August 21, 2017 that several companies including MOL have breached South Korean antitrust law with respect to car carrier services. "MOL and other shipping companies have been investigated by the KFTC due to the suspicion of antitrust law violation. MOL has fully cooperated with the KFTC during the investigation," said a press statement from the company.
Maritime Security Code Under Review
International Maritime Organization (IMO) took a major role in an important exercise to evaluate the success of code of conduct dealing with maritime crime in west and central Africa (16-17 August). The Yaoundé Code of Conduct was signed in 2013 by 25 west and central African countries to address matters such as piracy, armed robbery against ships and other illicit maritime activity in the area. One of its provisions calls for its effectiveness to be evaluated…
Revolution Lighting Awarded US Navy Contract
Revolution Lighting Technologies, Inc., a provider of LED technologies to federal and military agencies, said it has been awarded a Department of Defense (DoD) contract…
No Sign Ship Collision Was Intentional -US Navy Chief
There was no indication that the collision between a U.S. Navy ship and a tanker near Singapore on Monday was intentional, U.S. Navy Chief of Naval Operations Admiral John Richardson told reporters at the Pentagon on Monday. Ten U.S. sailors were missing after a collision between the USS McCain destroyer and the tanker, the second involving a U.S. warship and a merchant ship in Asia in about two months, triggering a fleet-wide probe of operations and training.
NAMEPA to Honor Founding Chairman Maitland
The North American Marine Environment Protection Association (NAMEPA) announced that Clay Maitland will receive the organization’s Lifetime Achievement Award at…
USCG Approves JAX LNG for Ship-to-ship Bunkering
The joint venture between Pivotal LNG and Northstar Midstream, JAX LNG, LLC, has received a Letter of Acceptance (LOA) from the U.S. Coast Guard (USCG) for the operation of its waterfront LNG facility and the approval to conduct ship-to-ship LNG bunkering operations with TOTE Maritime’s Marlin Class ships and the LNG barge, Clean Jacksonville. The expectation is this ship-to-ship LNG bunkering operation will commence early in 2018.
Akutan Response Continues off Alaska
The response to potential pollution from the fishing vessel Akutan continues in Captains Bay near Unalaska, Alaska. The U.S. Coast Guard, the Alaska Department of Environmental Conservation and the city of Unalaska established a unified command, and responders are continuously monitoring levels of anhydrous ammonia and removing various petroleum products from the vessel. 5,000 gallons of oily water from the engine room bilge and 1…
Ghana, Equatorial Guinea to Sign LNG Deal
Ghana's President Nana Akufo-Addo plans to sign an agreement to import liquefied natural gas (LNG) from Equatorial Guinea during his three-day visit to the Gulf…
Ten Sailors Missing after US Warship, Tanker Collide
Ten U.S. sailors were missing after a collision between a destroyer and a tanker east of Singapore on Monday, the second involving a U.S. warship and a merchant ship in Asia in about two months, triggering a fleet-wide probe of operations and training. The guided-missile destroyer John S. McCain and the tanker Alnic MC collided while the warship was heading to Singapore for a routine port call. The collision tore a hole in the warship's waterline…
Gunvor Awarded Fortuna FLNG Offtake
The Ministry of Mines and Hydrocarbons (MMH), Ophir Equatorial Guinea (Block R) Ltd, OneLNG SA and La Compania Nacional De Petroleos De Guinea Ecuatorial (GEPetrol)…
Navy to Widen Probe after US Warship Collision
U.S. Defense Secretary James Mattis said on Monday there would be a wider investigation into U.S. naval operations after a American warship collided with an oil tanker east of Singapore, leaving 10 sailors missing in the second accident involving a U.S. warship in two months. "The chief of naval operations' broader inquiry will look at all related accidents at sea, that sort of thing. He is going to look at all factors, not just the immediate ones," Mattis told reporters in Amman, Jordan.
Construction Milestone for RRS Sir David Attenborough
The stern section of Britain’s new polar research ship, RRS Sir David Attenborough, will be transported by barge this week from Hebburn-based shipyard A&P Tyne (Newcastle), part of A&P Group, to the Cammell Laird’s shipyard in Birkenhead. The new ship is a major U.K. Government investment in frontier science. Commissioned by NERC, and built by the world famous marine engineering company Cammell Laird Shiprepairers & Shipbuilders Ltd.
Baltic Index Rises on Firmer Rates across Vessel Categories
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Monday, helped by higher rates across vessel categories. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels, rose 6 points or 0.48 percent to 1,266 points, its highest level since April 19 and marking 16 straight sessions of gains. The capesize index rose 10 points, or 0.39 percent, to end at 2,584 points.
Diana Reactivates Idle Containership
Diana Containerships Inc. said plans to reactivate one of its idle Panamax container vessels, the m/v Pamina, a 5,042 TEU container vessel built in 2005. The company also announced that…