Ice-Breaking LNG Carrier for Yamal LNG Project Named Vladimir Rusanov
Mitsui O.S.K. Lines (MOL) announced that on December 21, a naming ceremony for an ice-breaking LNG carrier, which was jointly ordered by MOL and China COSCO Shipping Corporation Limited (China COSCO Shipping), was held at Daewoo Shipbuilding & Marine Engineering (DSME). As a crowd of VIPs and personnel related to the project looked on, the newbuilding vessel was named the "Vladimir Rusanov" by Ms. Veronika Makeeva of PAO Novatek, the major shareholder of the Yamal LNG project.
Antwerp to Manage Port of Cotonou
Port of Antwerp International (PAI), the consultancy and investment subsidiary of Antwerp Port Authority, has been appointed by the Council of Ministers of the West African country of Benin to modernise the port of Cotonou. This port is the economic heart of Benin, handling an annual freight volume of around 12 million tonnes. In the longer term, the port authority wants the port to grow further, but both the infrastructure and the organization are outdated.
EU Calls for A Single Market for Shipping
The single market is one of the most celebrated successes of the EU. It is a central element of the EU growth agenda. It is, however, clear that the single market remains incomplete and dysfunctional in some sectors. This is particularly true for shipping. Shipping remains disadvantaged compared to other transport modes. In many cases, goods transported by ships between EU ports lose Union status. This entails a heavy administrative burden, involving several authorities and intermediate parties.
MPI Pact with Eneco for Prinses Amaliawindpark
MPI Contractors B.V. has signed a contract with Eneco Windmolens Offshore B.V. to provide offshore transport and lifting services during main component replacements planned for wind turbines in the Prinses Amaliawindpark. This Agreement, which will take effect on 1 January 2018, is for a period of five years, with options to extend for a further three and two years. During this period, MPI will mobilise one of its wind turbine installation vessels (WTIVs) for two planned campaigns per year.
GTT Bags Korean Order for Three New LNG Carriers
GTT has received an order from a South Korean shipyard regarding the design of the LNG tanks of 3 new LNG carriers. The deliveries are due in the first semester of 2020. GTT will design the LNG tanks of the units, each having a capacity of 174,000 m3. The tanks will be equipped with the membrane containment system Mark III Flex, a sea-proven technology developed by GTT. This insulation system guarantees a Boil-Off Rate of 0.085%V/day.
International Seaways Acquires Six VLCCs
International Seaways has entered into a binding letter of intent to acquire the holding companies for six 300,000 DWT VLCCs with an average age of 1.7 years from Euronav NV in connection with the closing of Euronav’s announced acquisition of Gener8 Maritime, Inc. (GNRT). The purchase price for the six-vessel acquisition is $434 million, inclusive of assumed debt. The six vessels that INSW has agreed to acquire include five 2016-built VLCCs and one 2015-built VLCC…
Underwater Fire - Exploring Submarine Volcanoes
Most of Earth’s volcanoes are in the oceans, yet scientists know very little about them compared to volcanoes on land. Schmidt Ocean Institute’s research vessel Falkor recently completed a 41-day expedition near Tonga, using cutting-edge technology to map, view, and sample underwater volcanoes while sharing observations with the public using real-time video streaming and chat programs. Findings include detecting widespread evidence of deep sea explosive volcanism…
Denmark: New Regulations for Operating Personal Watercraft
When new regulations of the Danish Government become effective from 1 January 2018, operators of personal watercraft must complete a theoretical as well as a practical test. As part of the Danish Government’s efforts to enhance the safety of those using the sea for recreational purposes, the Danish Maritime Authority (DMA) will now require operators of personal watercraft and the like to hold a special personal watercraft license.
USS James E. Williams Returns Home
The guided-missile destroyer USS James E. Williams (DDG 95) returned to its Naval Station Norfolk homeport Dec. 23, completing a seven-month deployment to the U.S. 5th and 6th Fleet areas of operation. The ship departed May 23, to support anti-submarine exercises and operations in the North and Norwegian seas, as well as maritime security operations in the Arabian Gulf. The ship and crew of more than 300 Sailors…
Space X Launches Fourth Set of Iridium NEXT Satellites
Iridium Communications announced that, SpaceX successfully launched the fourth set of 10 Iridium NEXT satellites into orbit from Vandenberg Air Force Base in California. The launch marks the midway point of the Iridium NEXT launch program, and was the first Iridium launch to use a SpaceX flight-proven rocket. The first stage booster for Iridium-4 was previously used for Iridium-2, making Iridium the first company to reuse the same rocket booster.
ABS Grants AIP to DSLB150 Self-Elevating Unit
ABS, the leading provider of classification and technical services to the global offshore industry, granted Approval in Principle (AIP) to Dalian Shipbuilding Industry Co. (DSIC) for its Self-Elevating Unit Design (DSLB150), in accordance with the applicable requirements of ABS Rules for Building and Classing Mobile Offshore Drilling Units 2017. The unit also meets IMO Resolution A.1023 (26) “Code for the Construction and Equipment of Mobile Offshore Drilling Units, 2009”.
ABS Approval Advances Tension Leg Platform Concept
ABS granted approval in principle (AIP) for a Tension Leg Platform (DSTLP500) design developed by Dalian Shipbuilding Industry Co., Ltd. (DSIC). “ABS and DSIC have a long relationship and have worked closely on a broad range of offshore projects, semi-submersible units, jackups and drill ships,” said ABS Executive Vice President for Global Offshore Kenneth Richardson. “Gaining ABS approval is an important step in helping bring this project closer to realization…
HSH Nordbank to Exit First Ship Lease
HSH Nordbank AG's subsidiary Godan GmbH, the controlling unitholder of First Ship Lease Trust (FSL Trust), is looking to divest all its shares in FSL Holdings, the sponsor of the trust, reported Business Times. The report quoted FSL Trust as saying that Godan GMBH is in discussion with shortlisted strategic investors for a potential sale of all of its shares in FSL Holdings. FSL Holdings also owns all shares of the trustee-manager of FSL Trust through FSL Asset Management Pte Ltd.
Keppel O&M to Pay US$422m to Resolve Petrobras Issue
Keppel Corporation Limited (Keppel Corporation or Keppel) today confirmed that KOM has reached a global resolution with criminal authorities in the United States, Brazil and Singapore in relation to corrupt payments made by KOM's former agent in Brazil, Zwi Skornicki. As part of the global resolution, KOM has accepted a conditional warning from the Corrupt Practices Investigation Bureau (CPIB) in Singapore, and entered into a Deferred Prosecution Agreement (DPA) with the U.S.
Kuwait Signs LNG Import Deal With Shell
Kuwait Petroleum Corp. (KPC) has signed a 15-year liquefied natural gas import deal with Royal Dutch Shell Plc to help the oil exporting nation meet growing domestic energy demand. A report in Bloomberg said that the sales purchasing agreement with Shell International Trading Middle East Ltd. will start in 2020. The contract will cover 2 million to 3 million metric tons of LNG a year. The volumes delivered under the contract will be used to fire up KPC’s power stations.
MOL LNG Carrier Saves Crewmember from Wrecked Fishing Boat
Mitsui O.S.K. Lines (MOL) has announced that on December 16, its operated LNG carrier, the ESSHU MARU, rescued a crewmember from a fishing boat that wrecked in the North Pacific Ocean. Early in the morning of December 16 (in local time), the ESSHU MARU, while underway in the North Pacific Ocean toward Pyeongtaek, South Korea, via the Panama Canal, received a request for rescue assistance from the United States Maritime Rescue Coordination Center, and rushed to the scene.
At the current rate of carbon emissions of about 35 to 40 gigatons a year, scientists are estimating that the Arctic could become ice-free within the next 20 years, Suptnik reported quoting National Snow and Ice Data Center (NSIDC) in Boulder. Julienne Stroeve, a climate scientist at NSIDC in Boulder, Colorado, warned of rising oceans, and foul weather from Polar melt, the report said. The changes are the largest in the summertime, but they are actually happening during all months of the year.
Iran to Enhance Fleet Strength
Four giant new container vessels will join Iran's shipping fleet next year. With the arrival of these vessels, the rank of the national shipping fleet in the work will rise to 16 from 20 at present, chairman of the Islamic Republic of Iran Shipping (IRISL) Mohammad Saeedi was quoted as saying. The report by the Fars news agency did not specify the type of the vessels but they are most likely Triple E ships which Iran has already ordered as part of a plan to expand its shipping fleet.
Japan’s KHI Moves Merchant Ship Construction to China
Japan’s Kawasaki Heavy Industries (KHI) diverts more shipbuilding work to its joint-venture yards in China, local media says. According to a report in Nikkei, KHI will step up commercial shipbuilding in China and scale down production in Japan to improve cost competitiveness as the market rebounds from a yearslong slump. The Japanese firm plans a 50% capacity boost at a shipyard in Dalian, Liaoning Province, that builds mainly large ships, including tankers and bulk carriers.
Russian Navy Gets Admiral Makarov Frigate
Baltic Shipbuilding Plant “Yantar” (United Shipbuilding Corporation, Kaliningrad) has delivered the Admiral Makarov frigate, third ship of Project 11356, to Defence Ministry of the Russian Federation. According to the shipyard, the acceptance/delivery certificate has been signed today, 25 December 2017, by Eduard Yevimov, Yantar Director General, and Capt 1 rank Aleksey Poteshkin, Chairman of State Acceptance Commission.