Wärtsilä, GTT Partner on LNG Solutions
Wärtsilä and GTT finalized a cooperation agreement at the Marintec conference and exhibition in Shanghai, China on December 5. The aim of the cooperation is to explore potential business opportunities in the marine sector in relation to liquefied natural gas (LNG) storage, fuel gas supply systems and associated services that will benefit both shipyards and vessel owners. Wärtsilä has experience and in-house expertise in LNG fuel gas applications…
Novatek Starts Production at Yamal LNG
Russian energy firm Novatek has announced that Yamal LNG has commenced producing liquefied natural gas (LNG) at the first LNG train, with the nameplate capacity of 5.5 million tons per annum. The first cargo loading is scheduled on 8 December 2017 at the Sabetta port using the first Arc7 ice-class LNG tanker named the “Christophe de Margerie”. The Chairman of Novatek's Management Board Leonid Mikhelson noted: "This event marks a milestone accomplishment for the Yamal LNG project.
Scorpio Bulkers Opts New Loan Facility to Acquire Ultramax
Scorpio Bulkers announced that the Company has received a commitment from a leading European financial institution for a loan facility of up to $38.7 million. The loan facility will be used to finance up to 60% of the market value of the three Ultramax dry bulk vessels the Company has recently agreed to acquire. The loan facility will have a final maturity of five years from the signing date and bears interest at LIBOR plus a margin of 2.85% per annum.
Classification Steps Up to the Digital Challenge: DNV GL
The maritime world is in the middle of a period of rapid change, with increasing digitalization, new regulations and shifting markets. Classification societies can help to remove barriers, speed up the process, and assist stakeholders make the most of the new landscape, IACS Chairman Knut Ørbeck-Nilssen said at DNV GL’s press conference at Marintec China today. “One of the major contributions of class…
MOL Signs Bauxite Transport Deal with Alufer Mining
Mitsui O.S.K .Lines (MOL) announced that it held a signing ceremony for a five year bauxite transport contract with Alufer Mining .The contract was signed by Toshiaki Tanaka, MOL's Head of Dry Cargo, and Bernard Pryor at MOL's offices in Tokyo. Republic of Guinea based independent mineral exploration and development company Alufer has received all required permissions from the government with regard to building the Bel Air bauxite mine and construction commenced in January 2017.
Hyundai Merchant Tops World with 82.9% Operation Reliability
South Korea's Hyundai Merchant Marine (HMM) tops highest on-time global performance in October, second time after its first rank in August the company announced. Danish shipping consultancy SeaIntel’s Global Liner Performance Report - calculated for US Europe, Trans Atlantic, India and South America services - showed that HMM once again ranked 1st reliable carrier in October among the 18 global container carriers.
BIMCO, FONASBA Launch General Agency Agreement
BIMCO and FONASBA have once again joined forces to create and launch a new general agency agreement for port agents, shipowners and ship operators contracting port agency services. The new standard contract, which can be downloaded from the FONASBA website and BIMCO’s IDEA, formalizes and sets out clear terms for any agreements made, for the benefit of both sides. Drawn up by the group responsible for drafting the Agency Appointment Agreement which was released earlier this year…
Finding Biofouling Solutions
All ships can experience a build-up of aquatic organisms on their underwater hull and structures, which is known as biofouling. This can impact on the ship speed and energy use, and also potentially see aquatic organisms transferred to new areas, where they can become invasive species. To help address this threat, the International Maritime Organization (IMO) team preparing the new GloFouling project has taken part in the Sustainable Ocean Summit in Halifax…
DNV GL Support for Dana Petroleum Western Isles FPSO
DNV GL has been supporting Dana Petroleum on the development of the Western Isles field and the Western Isles floating production storage and offloading (FPSO) vessel as it progressed towards first oil, which was achieved earlier this month. DNV GL has been engaged by Dana since 2012, as the classification society, verification body and marine warranty provider on the Western Isles FPSO, a Sevan Series 400 cylindrical monohull with a 44,000 bbl/d topsides facility.
Paefgen Named Chairman of ZF's Supervisory Board
The Supervisory Board of ZF Friedrichshafen AG appointed Dr.-Ing. Franz-Josef Paefgen as its new chairman, at an extraordinary meeting on December 4, 2017. Paefgen…
Five Trends in Onboard Cruise Ship Technology
Cruise lines are increasingly using technology to attract and entertain passengers. Whether it’s media content to help travelers wind down at the end of the day or smart tech meant to improve the overall cruise experience, cruise ships are becoming more high-tech. Being out on the ocean creates some challenges to accessing technology, which has put cruise ships behind land-based attractions in terms of digital attractions.
Boskalis, DEME Win South American Dredging Work
A the 50/50 joint venture between Royal Boskalis Westminster N.V. and DEME has been awarded a five-year contract for the capital and maintenance dredging of the Martín García channel, located between Uruguay and Argentina in the northern part of the 50-kilometer-wide Rio de la Plata estuary. The contract from the Comision Administradora del Rio de la Plata (CARP) carries a total value of approximately €110 million ($130 million), and signing is expected to take place in the coming weeks.
Ferry Operations: A Tragedy Averted
Training and attention to detail saves lives. Kevin Suarez at Statue Cruises is the living embodiment of that maritime metric. For any first time visitor to the Big Apple, the trip probably wouldn’t be complete without seeing the Statue of Liberty and Ellis Island. To that end, Statue Cruises’ main focus is to create a smooth passenger experience and serve as the gateway to the Statue of Liberty and Ellis Island for the over 4.4 million tourists who visit both islands annually.
Cheniere Boosts LNG Tanker Fleet Amid Asian Demand Boom
U.S. liquefied natural gas (LNG) producer Cheniere Energy has expanded its shipping fleet with a flurry of spot vessel charters to keep up with Asian winter demand growth as spot prices hit three-year highs, market sources said. Cheniere's Sabine Pass terminal in Louisiana pumped out 22 cargoes last month and more are expected as it ramps up its fourth production unit, or train, with more than half of all November volumes sold to China, Japan or South Korea, according to ship-tracking data.
Wison, CCS Partner on China’s FSRU Standards
Wison Offshore & Marine announced it will collaborate with China Classification Society (CCS) Wuhan Rules & Research Institute on various fronts of floating liquefied natural gas (FLNG) storage and re-gasification facility (FSRU) developments in China under a strategic cooperation agreement. Pursuant to the agreement, both parties will embark on a wide range of joint efforts in development and optimization of FSRU products…
GE, DSIC Unveil Plan for LNG Carrier Power Conversions
GE’s Marine Solutions and Dalian Shipbuilding Industry Co. Ltd. (DSIC) completed a preliminary design for the conversion of a steam turbine powered LNG Carrier (LNGC) to a gas turbine-based propulsion system. The study aims at steam powered LNGCs that offer low fuel efficiency but are not ready to be retired from service. The new design will feature GE’s reliable and compact COmbined Gas turbine, Electric and Steam (COGES) system.
Gastro Outbreak on Ovation of the Seas
A gastro outbreak has affected nearly 200 passengers aboard one of the world’s largest cruise ships, Ovation of the Seas. The 168,666 GT cruise liner docked in Hobart on December 5 following a 14-night cruise from Singapore. Over the two weeks, 195 cases of gastro-intestinal illness were reported, the ship’s owner Royal Caribbean said in a statement. There are 5,824 people on board, including guests and crew.
CMA CGM’s Dual-fuel Mega Ships to be Built to BV Class
All nine of CMA CGM’s new gas-fueled Ultra Large Containerships will be built to Bureau Veritas (BV) class rules and under BV newbuilding supervision. The two China State Shipbuilding Corporation (CSSC) shipyards that will be building the nine 22,000 TEU containerships, Jiangnan Changxing Shipbuilding Co., Ltd. (Hudong Zhonghua) and Shanghai Jiangnan Changxing Heavy Industry Co., Ltd (SWS), signed…
Marlink Acquires Radio Holland's Connectivity Business
Marlink and Radio Holland have concluded a partnership agreement whereby Marlink has acquired Radio Holland’s connectivity business. According to the partners, the deal strengthens Marlink’s position in maritime VSAT, while Radio Holland will be the preferred global sales and service partner offering Marlink’s satcom connectivity portfolio in combination with its maritime electronics solutions. Furthermore…
Ohio River Towboat Captain Navigates a Changing America
In the 29 years that towboat captain Joe Gray has worked flotillas of barges up and down the Ohio River, he has witnessed the decline at the heart of industrial America in what is known as the country's Rust Belt. Gray, 46, spends up to eight months a year doing 28-day stints on the barges carrying coal, corn and gravel between Pittsburgh, Pennsylvania and Cairo, Illinois. Some 600 million tons of goods still flow each year along 25,000 miles of U.S. waterways.