Wärtsilä Waterjets for New Danish High-speed Ferry
Wärtsilä informs it has been contracted to supply four waterjets plus the hydraulics and control system for a new 109-meter-long high-speed RoPax ferry being built at the Austal Ships Pty yard in Australia for Molslinjen A/S of Denmark. The order with Wärtsilä was booked in May 2017. The new vessel will be an all aluminum catamaran having a top speed of 40 knots. It will be equipped with two full vehicle decks for 425 cars, or 610 lane meters for trucks and up to 232 cars.
Fugro Continues IMR Work for Petrobras
Fugro said it has been awarded a further two-year contract by Petrobras to provide inspection, repair and maintenance (IRM) and pipeline inspection services in Brazil. Operations commenced in May 2017. The new award follows Fugro’s completion of an initial 12-month contract for the oil major, after taking delivery of the newbuild vessel Fugro Aquarius. Built specifically for the Brazilian market by Wilson Sons shipyard in São Paulo…
Baltic Index Falters Again
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, slipped for the fifth straight session on Wednesday, hurt by…
Canada Orders Seizure of Oil Tanker
The Federal Court of Canada has ordered the seizure of a 721,915-barrel cargo of crude from Kurdistan aboard the "Neverland" oil tanker on the request of the Iraq Oil Ministry, court documents show.
Asia's Booming Diesel Market Draws Rare European Cargoes
Rare cargoes booked out of Europe to Asia, Middle East; Indian demand, refinery maintenance boost Asian prices. Oil traders are shipping diesel out of Europe to…
Qatar to Boost LNG Production by 30% Amid Arab Dispute
State-owned Qatar Petroleum said Tuesday it aims to raise Qatar’s LNG production from 77 million to 100 million tons per year. The new additional volumes will be…
Alfa Laval Signs BWT Pact with Two Shipowners
Alfa Laval signs major frame agreements for ballast water treatment retrofitsIn June, Alfa Laval signed frame agreements with two different shipowners for the supply of Alfa Laval PureBallast systems.
Gazpromneft-Lubricants Bolsters Caspian Sea Ports Supplies
Gazpromneft-Lubricants, the Gazprom Neft oil business operator, has started delivering marine lubricants in the sea port of Makhachkala, Republic of Dagestan. The…
Dunkirk Plans LNG Fueling Station
Dunkirk's LNG terminal and Grand Port Maritime de Dunkerque have signed an agreement for the development of an LNG supply station. The use of liquefied natural gas…
Mayor of Shanghai Visits CMA CGM Tower
Rodolphe Saadé, Chief Executive Officer of CMA CGM Group, has received this Tuesday, July 4, 2017, Yong YING, Mayor of Shanghai, who is on an official visit to Marseille…
Marine Environment Protection Committee Opens
A busy Marine Environment Protection Committee (MEPC 71) is now under way at International Maritime Organization (IMO) Headquarters in London (3-7 July). A key…
Wärtsilä Ensures Compliance with the Polar Code
1 January 2017 was a historic milestone in the protection of our polar waters for future generations. On that day, International Maritime Organization’s (IMO) International…
The Impact of Future Global Tides on Energy
The first comprehensive study of the impact of global sea-level rise on tides has implications for future coastal flood risk, harbour management, and the long term planning of tidal energy sites.
Load Cells for Offshore Mooring Project
French maritime engineering specialist Iroise Mer used a 50 ton Straightpoint Radiolink plus (RLP) load cell during a refit of a tanker mooring system located 500m off the Corsica coast, recently. Iroise Mer's job was to update the site, comprising four different mooring lines, complete with anchors, chains and concrete deadweights, and all existing components had to be removed and new ones installed.
Yangzijiang Bags Newbuild Orders Worth $133 Mln
China’s Yangzijiang Shipbuilding has won six shipbuilding contracts worth a total of $133m during the second quarter of this year, Business Times reported. Three of these orders for 1…
The Efficiency of New Ships is Falling: CE Delft Study
Recent improvements in the design efficiency of new ships went into reverse last year, a new independent study has found. According to the CE Delft study the average design efficiency of new bulk carriers, oil tankers and gas carriers was worse in 2016 than in 2015. The share of new ships complying with future efficiency standards also decreased in 2016. The design efficiency of containerships and general cargo ships appears to be stagnating after a period of improvement.
Dryships Time Charter Contract for Newcastlemax Vessels
DryShips Inc., a diversified owner of ocean going cargo vessels, announced that it has entered into a time charter with a major coal and steel trader for its fourth and last of its 206…
Environmental Ship Index to Evaluate CO2 Performance
As of 1 July 2017, the Environmental Ship Index (ESI) started evaluating performance in the field of CO2, says a press release from Antwerp Port Authority. To date…
Yinson Sells FPSO Stake in Ghana
Malayasia's Yinson Holdings has sold its26 percent stake in its floating production, storage and offloading (FPSO) unit in Ghana to a consortium of Japanese companies, The Star reported.
Hapag-Lloyd Issues Euro Bond Worth EUR 300mln
Hapag-Lloyd AG, a leading global container shipping company, launched a euro bond offering with a volume of EUR 300 million and a maturity of seven years. The proceeds…