Bouchard Set to Celebrate a Century
In 2018 one of the U.S. premier vessel owners – Bouchard Transportation Co., Inc. (BTC) – celebrates its 100th year in business. Maritime Reporter looks at BTC’s evolution through the years. The year 2018 is a celebration year for the Bouchard Transportation Co., Inc., which was founded in 1918 in New York Harbor by Capt. Frederick Bouchard, and will next year celebrate a century in business. The company’s first cargo was a shipment of coal, and its first oil barge was acquired in 1931.
A Sea Change for Shipbuilding
When it comes to shipbuilding, the numbers are staggering: hundreds of millions of parts in one aircraft carrier. Billions of dollars proposed for Naval fleet development in the latest NDAA. Hundreds of thousands of private sector jobs in the U.S. alone. A 2015 MARAD report, for example, pegged the total economic impact associate with the industry at 400,000 jobs, $25 billion in labor income, and 37 billion in GDP (based on data from 2013).
Arctic LNG Carriers Delivered: RS Class
The construction of a series of Arctic LNG carriers under the technical supervision of Russian Maritime Register of Shipping (RS) is in progress: in November “Boris Vilkitsky” and “Fedor Litke” gas carriers were delivered to the customer and the keel of a new gas carrier was laid. A series of 15 LNG carriers unique in design, is being constructed as part of the implementation of the large-scale RF liquefied natural gas production project Yamal LNG.
Finland's Manga LNG Terminal Gets First Cargo
The first shipload of liquefied natural gas (LNG) arrival to the LNG import terminal in Tornio, Finland, on Sunday November 19, 2017. The Manga LNG natural gas import terminal in Röyttä Harbor, Tornio, is a joint venture of the industrial companies Outokumpu and SSAB Europe, the energy company EPV Energy and the LNG company Skangas. LNG was shipped to the terminal by Coral Energy, a time-chartered LNG carrier operated by Skangas.
Wartsila Propulsion System for New NMDC's Dredger
Wärtsilä supplied the full propulsion package for National Marine Dredging Company's (NMDC) new, state-of-the-art Trailing Suction Hopper Dredger (TSHD) launched in September. The 6,000 m3 capacity TSHD was designed by the IHC shipyard in the Netherlands in close cooperation with NMDC. The customized solution combines a shallow draft and a deep dredging depth with high manoeuvrability. The vessel has been specially designed to operate in high ambient temperatures…
VPS Expands Lubricant Oil Condition Monitoring Services
The marine fuels testing company Veritas Petroleum Services (VPS) announced the latest expansion of the company’s lubricant oil condition monitoring (OCM) service. In the company’s continuous drive to offer its customers a widening range of technically advanced, value-added services, VPS have made a significant financial investment to equip their Rotterdam Laboratory with the very latest analytical technology, automation and robotics for the testing of lubricants.
Suez Canal Authority, DP World Present Sokhna World Zone
Sultan Ahmed Bin Sulayem, Group Chairman and CEO, DP World and Admiral Mohab Mamish, Chairman of the Suez Canal Authority and Chairman of the Suez Canal Economic Zone (SCZone), presented details of the recent agreement to develop an integrated industrial and residential zone at Sokhna in Egypt to investors and businesses in Dubai. The opportunities to invest and launch operations in the project were outlined to company representatives…
Wärtsilä to Power Viking Line Ferry
Wärtsilä will supply the engines, the navigation system and a broad scope of other products and systems for a new luxury and environmentally friendly ferry being built for the Finland based operator, Viking Line. The ship is being built at the Xiamen Shipbuilding Industry yard in China and there is an option for a second vessel. The order with Wärtsilä was booked in October 2017. Six Wärtsilä 31DF…
Golden Ocean Adds New Vessels
Golden Ocean Group Limited (GOGL) announced that it has entered a deal to acquire two Capesize bulk carriers from affiliates of Hemen Holding Limited at a purchase price of $43 million per vessel.
DRTC Equips with Modern Simulator
The Djibouti Regional Training Centre (DRTC) has been equipped with a modern computer-based training simulator as part of International Maritime Organization (IMO)'s efforts to promote maritime safety and security in the West Indian Ocean and Gulf of Aden. Equipment installation, funded through a contribution to the Djibouti Code of Conduct Trust Fund by the Kingdom of Denmark, has been completed and the first cohort of six Djibouti officers have been trained to operate it.
Ship Operating Costs Stabilize: Drewry
The cost of operating cargo ships rose marginally in 2017 following two consecutive years of falls, but ship owners should prepare for higher costs led by a spike in insurance premiums, according to the latest Ship Operating Costs Annual Review and Forecast 2017/18 report published by global shipping consultancy Drewry. After two years of marked decline, average vessel operating costs stabilized in 2017 as pressure on owners was lifted by a nascent recovery across most cargo shipping markets.
Argentina's First Female Submarine Officer on Board Missing Vessel
One of the 44 crew members on board the Argentine submarine that is missing in the South Atlantic is Eliana Maria Krawczyk, who came from a landlocked province to…
US Navy Rolls out New Measures after Deadly Collisions
The U.S. Navy has introduced new measures aimed at avoiding a repeat of two deadly crashes in the Asia Pacific region involving its warships and commercial vessels following a review of its practices, the Seventh Fleet commander said on Monday. Vice Admiral Phillip Sawyer’s comments come after a U.S. guided-missile destroyer was slightly damaged at the weekend when a Japanese tug drifted into it during a towing exercise off central Japan…
Singapore Charges Defunct Bunker Supplier, Staff
A Singapore marine fuel supplier and three executives have been charged with cheating as part of a government crackdown on short deliveries of fuel to vessels in the world's largest bunkering hub.
German Banks Step up Efforts to Offload Toxic Shipping Debt
Top national lenders Deutsche Bank and Commerzbank are stepping up efforts to offload distressed shipping loans, finance sources said, as the German banking system…
Brexit Prompts North P&I Club to Set up Dublin Subsidiary
British ship insurer North is setting up a new European Union subsidiary in Dublin in case Britain loses access to the single market after Brexit, becoming the first…
Warren Named OBMP Executive Director
The Oregon Board of Maritime Pilots (OBMP) has appointed Marc Warren as its new Executive Director. Warren will work in partnership with the OBMP board members, state-licensed maritime pilots, shipping industry representatives and contractors, as well as with environmental, state and federal regulatory agencies and Oregon residents in an effort to implement the objectives and goals of OBMP. Warren…
Tuco, Sea Machines Partner to Build Autonomous Workboats
Boston based Sea Machines Robotics said it will collaborate with Danish boat builder Tuco Marine to offer remote and autonomous control products as factory options in Tuco’s line of ProZero workboats. Last week, the two companies successfully demonstrated the remote command capability of the Sea Machines 300 technology at Danish Maritime Authority's “Zooming into Marine Autonomy Conference” where they gave live remote command of the water craft to Danish Minister of Industry, Brian Mikkelsen.
Australia to Order Two More Patrol Boats
Australian Prime Minister, Malcolm Turnbull, and Timor-Leste Prime Minister, Mari Alkatiri, announced that Timor Leste would take two of Austal’s Guardian Class Pacific Patrol Boats (PPBs). When contracted this will increase the total production quantity to 21 from the 19 already committed. Following on from a visit to Austal’s dedicated patrol boat facility earlier that day, Prime Minister Alkatiri joined Prime Minister Turnbull to make the announcement…
MacDuff Ship Design Reports Busy Autumn
Scotland based MacDuff Ship Design reports it has had another busy summer and autumn with the delivery of a number of new vessels, work continuing on existing contracts and several new design contracts won. Alongside this has seen the continuation of the companies bureau work in naval architectural consultancy and the steady expansion of MacDuff Marine Surveyors. A new 25.5m Aquaculture Support Vessel…