Hafnia Tankers in Sale and Leaseback Deal
Hafnia Tankers has successfully completed its first sale and leaseback in the Japanese market through the sale and leaseback of its 2010 built LR1 tanker, MT Hafnia Africa. The Vessel has been sold to a large Japanese private ship owning company with an 8-year bareboat charter back with annual purchase options from year four onwards. The Company has an option to extend the lease to 12 years. The Transaction…
Solstad Farstad Sells AHTS Nor Star
The vessel (5.500 BHP) was built in 2005 built at Pt. Jaya Asiatic Shipyard,Batam Indonesia. Delivery of the vessel to the new owner has taken place today, Thursday 2nd November, 2017. The sale of the vessel will result in an immaterial accounting effect for 4Q 2017. Solstad Farstad is a Norwegian offshore service and supply ship shipping company that operates 50 vessels and two newbuilding CSV, including 19 construction service vessels…
WWEA, IWSA to Promote Uptake of Wind Technology in Ships
The World Wind Energy Association (WWEA) has today announced a key strategic partnership with the International Windship Association (IWSA) in order to further promote the uptake of wind technology by the global shipping fleet. WWEA is a not-for-profit organisation with over 600-member organisations across 100 countries. The Association promotes the deployment of wind energy technology around the world…
ClassNK Updates Ship Maintenance Checklist
Classification society ClassNK has released the latest version of Good Maintenance Onboard Ships (October, 2017), a checklist designed to be used by ship masters…
GasLog Updates on LNG Market
During the quarter and post quarter end, there has been continued momentum in the start-up of new LNG liquefaction capacity with the fourth train at Sabine Pass in the U.S. shipping its first commissioning cargoes in August 2017, said GasLog Partners. Sabine Pass has now shipped approximately 200 cargoes since start up in early 2016. Post quarter end, Chevron's Wheatstone LNG project in Australia started production with the first LNG shipment expected in the coming weeks.
Who Certifies Ships?
Under International Maritime Organization (IMO) treaties, ships can be surveyed and certified either by officers of the relevant flag State, or by Recognized Organizations (ROs) acting on behalf of them. As part of this process, countries delegating surveys and certification to ROs need to recognize, authorize and monitor these Organizations, which is the subject of a regional IMO workshop (Regional Workshop on Assessing…
Patriot: 20 Years in Ship Management
Patriot Contract Services, LLC (PCS) is celebrating the 20th anniversary of its operations as a completely U.S.-owned ship management company. During the past 20…
Danfoss Acquires Visedo
Danfoss said it has acquired Visedo Oy, expert in electric solutions for the off-highway and marine markets headquartered in Lappeenranta in Finland. “Acquiring new innovative technology is an important part of our investment in growth,” said Kim Fausing, Danfoss president and CEO. Visedo will be integrated into the Danfoss Power Solutions business segment. The acquisition includes all Visedo subsidiaries globally and a design and manufacturing site located at its headquarters in Lappeenranta.
Aegean Becomes Fourth Bunker Supplier to Exit Singapore
Aegean Bunkering Pte Ltd will halt physical supply operations in Singapore by January, the company said, becoming the fourth such firm to exit the world’s largest…
Are South Korean Shipbuilders Back from the Abyss?
Sparks light up the night-shift at giant shipyards on Korea’s southeast coast, as welders and fitters at some of the world’s biggest marine engineers forge next-generation container ships, oil rigs and even ice-breaking tankers in a bid to clamber out of a global industry abyss. Sunk by drastic cuts in orders from customers hit by the 2008 financial crisis, South Korea’s shipping landscape has been littered with bankruptcies and billion-dollar losses.
US Warship Collisions Were Avoidable: Navy Investigations
Two crashes in the Asia Pacific region involving U.S. Navy warships and commercial vessels this year were caused by preventable errors by the sailors on board the ships, according to the results of Navy investigations released on Wednesday. The accidents, in which 17 sailors were killed, raised questions about Navy training and the pace of operations, prompted a Congressional hearing and the removal of a number of officers.
Kongsberg Earns First DNV GL Cyber Security Type Approval
More and more, vessels are becoming sophisticated hubs of connected systems and sensors that generate and exchange data both onboard and back to shore. As the shipping industry continues to digitalize, increased connectivity amplifies the need for cyber security and for ways of verifying the cyber safety of installed systems. For the past year, DNV GL and Kongsberg have combined their efforts to develop…
Marlink Delivers Fleet Xpress on Antarctic Support Vessel
Marlink said it has migrated Aker BioMarine’s Antarctic krill harvester fleet support ship, La Manche, to Inmarsat’s Fleet Xpress service. The system provides a boost to crew communication facilities on board as well as enables vessels to benefit from improved business intelligence and remote access to the vessel’s IT network. The service uses the XChange Universal Remote Access (URA) solution, one of Marlink’s many Value Added Services available on Fleet Xpress.
C. Fly Marine Introduces New Aluminum Utility & Patrol Boats
Eyeing growth opportunities within the global maritime defense and first responder markets, naval architect and marine engineering firm C. Fly Marine Services has added a new line of production ready aluminum patrol and utility boats. Established in 1994, Louisiana based C. Fly Marine Services offers agencies and builders a complete turnkey pre-engineered line of aluminum vessels from 30’-80’. “Keeping…
Tuco to Build Hydrographic Survey Boats for Denmark
Tuco Marine Group said it has signed a contract with DALO (The Danish Defense Acquisition and Logistics Organization) to deliver two bespoke hydrographic survey boats to replace two existing survey vessels that have become obsolete. The new vessels, based on Tuco’s ProZero concept, have been designed to allow full use of the latest technology for hydrographic surveys. The boats are designed to accommodate two hydrography specialists in addition to a dedicated helmsman.
Wison, KBR Team up for FLNG Project
Wison Offshore & Marine said it has signed a memorandum with KBR, Inc. for cooperation on a 1.5 MPTA floating liquefied natural gas (LNG) liquefaction unit (FLNG) in Southeast Asia. The companies will collaborate on a mutually exclusive basis for Kumul Petroleum Holdings Limited's FLNG project in Papua New Guinea.
USCG, Lake Carriers' Association Ink Training Agreement
A new agreement sets forth terms for maritime industry rescue training between U.S. Coast Guard Air Station Traverse City, Mich., U.S. Coast Guard Air Station Detroit and Lake Carriers' Association (LCA) enrolled vessels. The memorandum of agreement was signed Tuesday at the 9th Coast Guard District headquarters in Cleveland by Rear Adm. Joanna M. Nunan, commander, 9th Coast Guard District, and James H.I. Weakley, president of the LCA.
Crowley Vessel Enters US Mainland-Puerto Rico Trade
Crowley Maritime Corp. said it has retrofitted two of its heavy lift, flat-deck barges, 455-3 and Marty J, to provide additional capacity to customers shipping cargo between the U.S. mainland and Puerto Rico. With the 455-3 sailing early Tuesday morning from the Port of Jacksonville, Crowley has now expanded its fleet from nine to 16 vessels, further increasing U.S. flag capacity to transport commercial and relief supplies to support the island’s recovery after Hurricane Maria in late September.
Robert Allan Ltd. Designs for the American Market
Being based just across the open border between Canada and America since 1930, Robert Allan Ltd. has developed a deep understanding of the American market and just how our ship designs can be tailored to suit our neighbors’ requirements. America is unique in many ways. The current designs of American towing vessels are largely the result of domestically focused requirements not encountered elsewhere. As a result, Robert Allan Ltd.
Harley's New ATB Completes Sea Trials
Harley Marine Services’ new tug OneCURE and the 80,000BBL, double hull, oceangoing barge Edward Itta have completed sea trials as combined articulated barge unit (ATB) on October 26, and the vessels have been accepted for delivery. The vessel trials, performed by Conrad Shipyard 10 miles south of Port Fourchon, included crash stops at various speeds, basic and high-speed maneuvering, systems monitoring and tests of main engine steering.