Wah Kwong Maritime's Chao is 2018 CMA Commodore
Award to be presented March 14, 2018 at the conclusion of the CMA’s Shipping 2018 Annual Conference and Exposition. Ms. Sabrina S. M. Chao, Executive Chairman of Wah Kwong Maritime Transport Holdings Ltd. has been named as the Connecticut Maritime Association (CMA) Commodore for the year 2018. Ms. Chao follows a long succession of influential maritime industry leaders as Commodore. The 2018 Commodore Award will be presented on March 14…
SBM Offshore Completes FPSO Liza Financing
SBM Offshore said it has secured the $720 million project financing for FPSO Liza through a consortium of 12 international banks, completed on December 19, 2017. SBM Offshore said it expects to draw the loan in full, phased over the construction period of the FPSO. The financing will become non-recourse once the FPSO is completed and the pre-completion guarantees have been released. The post completion project loan has a tenor of 10 years…
Qatargas Inks Deal to Deliver LNG to Austria's OMV
State-run Qatargas on Wednesday agreed a sale and purchase deal with Austrian oil and gas group OMV to deliver up to 1.1 million tonnes of liquefied natural gas annually for five years.
Seychelles Charges Six Somali Pirates
Six Somali nationals have been charged in the Republic of Seychelles for attempting and committing acts of piracy in the Indian Ocean, the Seychellois Attorney General announced on December 18. The suspected pirates were apprehended in November by EU antipiracy forces following alleged attacks on containership MV Ever Dynamic and fishing vessel Galerna III in the Southern Somali Basin, an area known for piracy.
Metal Shark Bags Pilot Boat Build Contracts
Metal Shark said it has its sights locked on the pilot boat market, with two new vessels from its range of custom-configurable pilot boat offering currently under construction. The Louisiana-based shipbuilder is building a 45-foot Defiant Pilot Boat for the Virgin Islands Port Authority at its Jeanerette, La. production facility. At its shipyard in nearby Franklin, La., Metal Shark is building a 64-foot Defiant Pilot Boat for the Brazos Pilots Association of Freeport, Texas.
Marine News' Top 10 Stories of 2017
Plucked from the headlines, the top stories of 2017 were compelling, and each provided impact to the domestic waterfront and in particular – the workboat sector. Follow along as Marine News recaps the highlights, drama and significant events that shaped the past 12 months. When Elaine Chao was sworn in to be the U.S. Secretary of Transportation, the Washington veteran brought a welcome burst of competence to the position.
Crowley Shipping Announces Management Team
Crowley Maritime Corp. appointed four industry veterans to oversee the consolidated lines of business under the recently formed Crowley Shipping group, which provides petroleum and chemical transportation, commercial ship management, offshore energy support and ship assist and tanker escort services in the U.S. and international markets. Crowley said the new business unit structure better aligns vessel operations and services with customers…
DNV GL Publishes 2050 Maritime Forecast Report
A transitioning energy industry will change the shape of shipping, but not its importance to the global economy, says DNV GL. In its recently published Maritime Forecast to 2050, DNV GL analyzes a changing global energy system’s impact on the shipping industry through to 2050, exploring how factors such as expected shifts in energy production and demand, GDP growth, industrial production and regional manufacturing might affect the maritime industry and individual ship segments.
People-smuggling Scams Reemerge Globally -ITIC
Scams to smuggle illegal migrants aboard ships are reemerging globally, warns International Transport Intermediaries Club (ITIC). ITIC is urging ship agents worldwide to be extra vigilant when approached to carry out crew changes by unknown owners or crew managers, as people-smugglers scams are becoming more prevalent. According to ITIC, agents are approached by scamming owners or managers (usually…
EXMAR, Statoil Sign Deal for VLGC Newbuilds
EXMAR said it has entered into an agreement with Statoil for two newbuild 79,500 m³ very large gas carriers (VLGC) to transport liquefied petroleum gas (LPG) in a long-term commitment.
Vane Bros. Orders Four New Tugs from Chesapeake
Chesapeake Shipbuilding Corp. said it has signed an agreement to design and build four new push tugs for Vane Brothers. The design and construction on the Subchapter M compliant tugs will begin immediately in Chesapeake Shipbuilding’s hull fabrication buildings in Salisbury, Md. The series’ lead vessel is expected to be delivered in the beginning of 2019. The four new sister tugs will Subchapter M compliant each measure 94’ LOA, with a 34’ molded beam and a 10’ 6” molded depth.
Fincantieri Bay Shipbuilding Delivers ATB to Wawa
Wawa Inc. has taken delivery of its first owned vessel, a newly built articulated tug-barge unit (ATB) constructed by Fincantieri Bay Shipbuilding. The barge, named 1964, and its 8,000 horsepower tug, Millville, were christened during a November 28 ceremony at the Sturgeon Bay, Wisc. shipyard. Wawa, which runs a chain of gas stations/convenience stores on the U.S. East Coast and presently sells about two percent of the gasoline sold in the nation…
Fight over Alaska Arctic Drilling has Just Begun
Senator Lisa Murkowski, an Alaska Republican, won a decades-long battle on Wednesday to open part of an Arctic wildlife reserve in her state to oil and gas drilling, but Democratic senators and conservationists vow the war has only begun. The tax bill passed by Congress contains language pushed by Murkowski and supported by President Donald Trump to hold two lease sales in the 1.5 million-acre (600…
US Navy Aids Stranded Iranian Vessel
A U.S. Navy warship came to the aid of an Iranian vessel stranded in rough waters in the Arabian Sea. A helicopter crew conducting routine flight operations from Arleigh Burke-class guided-missile destroyer USS Preble (DDG 88) spotted the dhow approximately 60 nautical miles from land. “The distressed mariners were seen waving their hands over their head in an effort to get the attention of our pilots,” said Cmdr. Leonardo Giovannelli, Preble's executive officer.
South Korea 'Fired 249 Warning Shots' to Fend off Chinese Fishing Boats
South Korea’s coast guard said it fired 249 warning shots over a group of Chinese fishing boats “swarming around” one of its patrol ships in South Korean waters, prompting a call for restraint from Beijing. South Korean coast guard vessels regularly chase Chinese boats suspected of fishing illegally in South Korean waters, at times sparking violent confrontations, complicating a relationship which is key to efforts to try to rein in North Korea’s nuclear and missile programs.
Damen Bags Special Steel Tanks Contract
Damen Oskarshamnsvarvet Sweden has been awarded the contract to manufacture high-precision special steel tanks together with their integrated cassettes for OKG; operator of three nuclear reactors on Sweden’s Simpevarp peninsula. With two reactors due to be decommissioned and dismantled, the tanks will be used to store radioactive reactor parts as part of the disposal process. While Damen Oskarshamnsvarvet Sweden is best known as one of the ship repair and conversion yards in the Baltic Sea…
DMA Promotes Cross-border Digitalisation
International cooperation on standardisation and maritime digitalisation are this year’s themes as the Danish Maritime Authority and IALA are hosting the conference ’e-Navigation Underway’ for the eighth time. The conference takes place on board the M/S PEARL SEAWAYS, which will be heading for Oslo on a return voyage from 24 to 26 January. Director General Andreas Nordseth from the Danish Maritime Authority will open the conference together with the Secretary-General of IALA…
MOL Wins 'Cruise of the Year' Award
Mitsui O.S.K. Lines (MOL) announced that its "Tonde (fly and) cruise to Kyushu, - Around-the-Kyushu -", which were planned and offered by its group company Mitsui O.S.K. Passenger Line (MOPAS), won the Award of Excellence in the "Cruise of the Year 2017" awards sponsored by the Japan Oceangoing Passenger Ship Association (JOPA). The awards recognize inventive approaches by cruise lines, travel agencies…
Tallinn Port Annouces Discounts for LNG Ships
Starting in 2018, all ships that use liquefied natural gas (LNG) as their primary fuel can apply for a discount of four percent on tonnage fees when calling at harbours of the Port of Tallinn. The goal of the discount is to contribute to the adoption of environmentally friendlier technologies in the Baltic Sea shipping sector. “Similarly to other ports in the European Union and Norway, the Port of Tallinn has set a course toward environmentally differentiated port fees…
EC Okays Maltese Tonnage Tax Scheme
The European Commission has conditionally approved under EU State aid rules the Maltese tonnage tax scheme for a period of 10 years. The scheme will ensure a level playing field between Maltese and other European shipping companies, and will encourage ship registration in Europe. Commissioner Margrethe Vestager, in charge of competition policy, said "Tonnage tax systems are meant to promote the competitiveness of the EU shipping industry in a global market without unduly distorting competition.