Avance Gas Orders LPG VLGC Duo at DSME
Avance Gas Holding, a company engaged in the transportation of liquefied petroleum gas (LPG), has entered into shipbuilding contracts for two 91,000 cbm, LPG dual-fuel very large gas carriers (VLGCs) with South Korea’s Daewoo Shipbuilding and Marine Engineering (DSME).The Norwegean LPG shipping firm said that the vessels are are scheduled for delivery in Q4 2021 and Q1 2022.The transaction enhances the green profile of the Avance Gas fleet while increasing its competitiveness.
Diana Shipping Fixes Santa Barbara with Pacbulk
Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Pacbulk Shipping Pte. Ltd., Singapore, for one of its Capesize dry bulk vessels, the m/v Santa Barbara.The global shipping company specializing in the ownership of dry bulk vessels said that the gross charter rate is US$17,250 per day, minus a 5% commission paid to third parties…
GasLog Secures $1B for Newbuilds
GasLog signed an Export Credit Agency-backed debt financing of $1.05 billion with 12 international banks for its current newbuilding program.The LNG carrier owner and operator has seven LNG carriers on order at South Korean shipyard Samsung Heavy Industries (SHI), five of which are for delivery in 2020 with two more due in 2021.The Newbuild Facility covers the balance due to the shipyard on delivery…
Pyxis Sells a Product Tanker
The Greek marine transportation provider Pyxis Tankers Inc announced that it had agreed to sell the Pyxis Delta, a 2006 built 46,616 dwt product tanker.The emerging growth pure play product tanker company said that the closing of the sale should occur in January, 2020 and is subject to customary closing conditions.Valentios Valentis, our Chairman and CEO said: “The sale of our oldest, non-eco MR tanker reduces the average age of our fleet and provides us capital to repay debt…
Seabed Geosolutions Sells OBC System
Seabed Geosolutions, the provider of comprehensive ocean bottom seismic (OBS) solutions to the global oil and gas industry, has signed a contract to sell the entirety of its shallow water ocean bottom cable (OBC) recording equipment.The joint venture between Fugro and CGG said that the equipment was used on a recently completed project for Abu Dhabi National Oil Company in the United Arab Emirates.
DEME Unveils First SOV for Offshore Wind
Belgium-based offshore wind installation specialist Dredging, Environmental and Marine Engineering NV (DEME) has started building its first service operation vessel (SOV), which will be chartered by Siemens Gamesa Renewable Energy (SGRE) for work at three Belgian offshore wind farms (OWF).Concepted by DEME and further designed in close cooperation with Vuyk Engineering Rotterdam and Marin , this innovative vessel significantly improves safety…
Galveston Port, RCL to Develop Cruise Terminal
Miami-based cruise company Royal Caribbean Cruises Ltd. (RCL) will kick off construction of a third cruise terminal at the Port of Galveston in Texas next year.Both companies have approved a lease agreement to build a third cruise terminal at Pier 10 in Galveston with $100 million in construction cost.Through the public-private partnership, RCL will build the terminal, then lease it from the port for an initial term of 20 years…
Coast Guard 2020 Icebreaking Season Starts
The Coast Guard launched its ice breaking season Monday, as winter’s cold temperatures are anticipated to impact every port, waterway, and harbor in the Northeast.Operation Reliable Energy for Northeast Winters (OpRENEW) is the Coast Guard's region-wide effort to ensure Northeast communities have the security, supplies, energy, and emergency resources they need throughout the winter.Of the heating oil used in the country…
Bulker Catches Fire on the Detroit River
A fire broke out in the engine room of a lake freighter on the Detroit River on Sunday afternoon, the US Coast Guard reported.A contracted firefighting team boarded the 641-foot Canadian bulk carrier Tecumseh and extinguished the fire overnight after all 16 crewmembers were safely disembarked and evaluated by local emergency medical services, the Coast Guard said.Vessel traffic has not been impacted and no pollution has been reported in the area.The 1970s-built vessel…
India: 20 Kidnapped from Tanker off West Africa
India's foreign ministry said on Monday that 20 of its nationals had been kidnapped from an oil tanker in West African waters."Our Mission in Abuja has taken up the matter with the Nigerian authorities, as also with the authorities of the neighbouring countries," the ministry said in a statement.It said the vessel was the Marshall Islands-flagged DUKE.The ship's operator Union Maritime wrote on its website that the craft was "attacked and boarded" while carrying fuel oil to the Togolese capital
Baltic Index Falls on Capesize Rates
The Baltic Exchange's main sea freight index fell for a ninth-straight session on Monday, as the capesize index hit its lowest level in nearly six months.* The Baltic index, which tracks rates for capesize, panamax and supramax vessels that ferry dry bulk commodities, dropped 40 points, or 3%, to 1,315, its lowest since Nov. 22.* The capesize index slid 121 points, or 4.9%, to 2,334, its lowest since June 21.* Average daily earnings for capesizes…
Svitzer Mercurius Joins Southampton Fleet
Svitzer has announced the purchase of the Dutch tugboat Mercurius, which has been renamed to Svitzer Mercurius and reflagged to the UK.The tug will be deployed in the Port of Southampton, where the tug increases the company’s fleet in Southampton to six vessels with a collective bollard pull of 415 tons.Built by Damen in 2014, the ASD 3212 tugboat has a strong bollard pull of 82 tons and a top speed of 14 knots, powered by two main and two auxiliary engines supplied by Caterpillar.
Stena Line Invests in Ferry Upgrades
Powered by growth on the Rostock and Trelleborg route, Stena Line announced plans to invest $5.5m in a refit and renovation of the cabins and public spaces onboard the two ships, FS Mecklenburg-Vorpommern and M/S Skåne.The refit will start in the end of December and take place both during the planned yard visits and during operation. The project will be finished in time before the peak season 2020.Renovation will cover all cabins and public areas, corridors and food outlets.
VIKING's HydroPen System for V.Ships
VIKING has secured a contract with V.Ship Hamburg to protect over 40 container ships with the HydroPen System.The alarming rise in the number of container fires has brought calls for urgent action from the International Union of Marine Insurance (IUMI), with stakeholders urged to encourage IMO to strengthen fire protection and review firefighting equipment onboard existing ships. Fighting a fire high up in the stack from the deck is often ineffective…
ClassNK Certifies its First CSMS
Classification Society ClassNK certified the Cyber Security Management System (CSMS) of NYK Group subsidiary NYK LNG Shipmanagement Ltd. and its managed LNG carrier “PACIFIC MIMOSA”. This is the first CSMS certified by the Society.ClassNK released its “Cyber Security Management System for Ships” in March 2019 which provides guidance on ensuring, implementing, maintaining, and continuously improving the cyber security management system of companies and ships with the goal of safe navigation.
Turkey Launches Oil Exploration Drone
A Turkish drone meant to help seek hydrocarbons in the eastern Mediterranean landed at an airport on the divided island of Cyprus on Monday, a Turkish official said, in a move that could further stoke tensions between Turkey and Greece.The breakaway Turkish Cypriot cabinet on Friday designated the Gecitkale airport on the island as a base for both unarmed and armed unmanned aerial vehicles (UAVs) at the request of the Turkish government…
Damen Delivers Two New Vessels to RAK Ports
Damen Shipyards Group has delivered two vessels to RAK Ports in the United Arab Emirates (UAE). The deliveries took place on December 5th at the Ras Al Khaimah Cruise Terminal. The vessels in question were a Damen Multi Cat 1908 and a Stan Tug 1907.The Multi Cat is named Hobby. Hobby's first role is positioning more than fifty pontoons for a firework display at New Year. Two world records will be attempted during this high-profile event at Marjan Island in Ras al Khaimah.
CMA CGM Welcomes 4th LNG-Powered Ship
CMA CGM's Containerships has announced delivery of its fourth container ship powered by liquefied natural gas (LNG), the 1,380-TEU Containerships Arctic.After the introduction of its three sister ships, the CMA CGM Group took delivery of the Containerships Arctic, on December 10th, 2019. Once it will have made its way from Guangzhou Wenchong Shipyard to Europe, the vessel’s first LNG bunkering will be carried out in Rotterdam.
ESG Delivers M/V Jaden Pasentine
Eastern Shipbuilding Group has delivered of the M/V Jaden Pasentine (Hull 200). The 70th 90’x 32’x 10’ Inland Towboat built by Eastern for Florida Marine Transporters, LLC of Mandeville, LA. In 2018, Florida Marine Transporters, LLC signed four more additional towboats, bringing the total to seventy (70) vessels contracted over the last 14 years. The M/V Jaden Pasentine was constructed at Eastern’s Allanton Facility and designed by Gilbert Associates, Inc.