GTT, VARD Complete LNG Tank Contract
GTT concluded a contract with the Norwegian shipyard, VARD, for the supply of the LNG tanks to expedition ship, PONANT Icebreaker. This ship, whose delivery is planned for 2021, will be the first electric hybrid cruise ice-breaker with LNG propulsion. It will be operated by PONANT, a luxury polar expedition cruise line. Designed for LNG fuel specifications, these tanks will be equipped with GTT's Mark III membrane technology. The Group will conduct the construction of the tanks.
The Inouye: The Largest American-Made and American-Crewed Containership Ever Built
I was honored to be present in South Philadelphia on June 30 to witness the christening of the largest container ship ever built in the United States. It was built by Philly Shipyards for shipping company, Matson, Inc., and was named for the former Hawaii senator, war hero, and long-standing maritime champion Daniel K. Inouye. At a time when the U.S. maritime industry is fighting to keep its place among international competitors, this event was a momentous occasion.
Hapag-Lloyd AG: Bunker Costs Rise, Earnings Sink
Maritime companies under market pressure have another negative force with which to deal: Steadily rising bunnker costs in tandem with oil's nearly year-long rise. According to Moody's, Hapag-Lloyd on June 29 revised its outlook for EBIT and EBITDA closer to the actual results for 2017 whereas previously the company expected both of those measures to increase. While Moody's noted that the weaker operating performance is a credit negative…
ABS Classes Next Generation LNG Carrier
ABS has confirmed that the ABS-classed Diamond Gas Orchid, the world’s first "Sayaringo STaGE" next generation LNG carrier, has been delivered to Diamond LNG Shipping, a joint venture between Mitsubishi Corporation and Nippon Yusen Kabushiki Kaisha (NYK). Ordered by Diamond LNG Shipping through MI LNG Company, Ltd., constructed by Nagasaki-based Mitsubishi Heavy Industries Marine Structure Co., Ltd.
Klein Named Carnival Maritime MD
Carnival Maritime GmbH has announced that Dr Hermann J. Klein has been appointed as its new Managing Director, starting September 1st, 2018. Klein is currently…
BMT Launches Hybrid ‘Eco Ferry’ Design
BMT has announced the launch of a striking new hybrid ferry design which could pave the way for a cleaner, more cost-efficient energy option for ferry operators. At 31m, the 149-passenger ‘Eco Ferry’ has a top speed of 20 knots and offers an unrivaled, intelligent hybrid system delivering smooth, silent and vibration-free power. John Bonafoux, Managing Director at BMT explains. “Greener ferry systems have to be the future and we’re extremely excited to be launching this new hybrid design.
Seacat Services Sends Two Workboats to Beatrice For Siemens Gamesa
Offshore energy support vessel (OESV) operator, Seacat Services, has secured a further charter agreement at Beatrice Offshore Wind Farm (Beatrice). This latest 2-year contract will see Seacat Mischief and her sister vessel, Seacat Magic, provide logistical support to manufacturer and service provider Siemens Gamesa Renewable Energy (Siemens Gamesa) throughout the operations and maintenance (O&M) phases.
Monjasa Expands into Northern Europe and France
Monjasa expands its reach to Northern France and goes from two to three supply vessels in Northwest Europe. Providing a niche market alternative to the Amsterdam-Rotterdam-Antwerp (ARA) bunker hub has proven relevant for a growing number of customers and volumes are increasing. Steadily growing demand in the English Channel allows Monjasa to expand its services to cover Northern France as well. Monjasa is able to cover port areas from Dunkerque, Calais, Dieppe, Le Havre and all the way to Brest.
More Than 20,000 Design Engineers Use Roxtec Transit Design Tool
Cable and pipe transit specialist Roxtec's complimentary, web-based tool has become an everyday help for engineers striving to ensure safety and cost-efficiency. Roxtec Transit Designer is an online application that simplifies the selection of sealing solutions as well as the entire process concerning cable and pipe transits. Designers just enter their input to get full documentation. They can, in fact, generate hole-cuts, drawings and documents in minutes.
Chartwell Marine Launches Hybrid Patrol Boat
An exciting new player in the global naval architecture space has been formed, with the official launch of Chartwell Marine Ltd. (Chartwell Marine), a UK-based firm that sets out to be a pioneer in next-generation vessel design. Headed up by Andy Page, a reputed naval architect with an industry-leading track record designing award-winning high-speed vessels, Chartwell Marine supports ambitious boat builders and vessel operators around the world with independent design and consultancy services.
Vard Wins Contract for Luxury Expedition Cruise Vessel
Vard Holdings Limited has announced that it has secured a new contract for the design and construction of one luxury expedition cruise vessel for German cruise company Hapag-Lloyd Cruises. The new expedition cruise vessel will join Hapag-Lloyd Cruises HANSEATIC series, together with the two vessels that VARD already has under construction for the Germany-based cruise company. Developed by VARD in close cooperation with Hapag-Lloyd Cruises…
Strong Capesize Demand Lifts Baltic Index
The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose for the fourth consecutive session on Tuesday, propelled…
USCG Issues Advice for Collecting Information for SubM COI's
As of June 25, 2018, the Coast Guard has issued 22 certificates of inspection (COI) to towing vessels in both the Atlantic and Pacific areas of operation. Additional…
MJP Introduces Next Generation of WaterJet Propulsion – X Series
Marine Jet Power (MJP) has unveiled its latest advancement in waterjet technology, the X Series, at the SeaWork International exhibition in Southampton, UK. Featuring…
Transparency International Questions IMO’s Climate Goals
Transparency International is releasing a new report that highlights several transparency and accountability flaws that could hinder the International Maritime Organization…
ICTSI Contecon Guayaquil Gets Approval to Handle Mega Vessels
Contecon Guayaquil SA (CGSA), subsidiary of Manila-based International Container Terminal Services (ICTSI) has received the government of Ecuador approval to…
BW Offshore's Adolo Commences Transit to Gabon
The provider of floating production services to the oil and gas industry BW Offshore is pleased to announce the sail away of the FPSO BW Adolo. The vessel has left…
DP World Digitalizes Dominican Republic's Logistics System
A new electronic trade portal that will enable trade and make life easier for business has been launched in the Dominican Republic by Dubai Trade World (DT World).
Digital Transformation of Maritime Freight to Reach USD 205bln by 2023
New digitization solutions, such as big data, blockchain, automation, drones, and robotics, are enabling the maritime freight industry to introduce game-changing…
Diana Shipping Continues TC for m/v Polymnia With Cargill
Diana Shipping announced that, through a separate wholly-owned subsidiary, it has agreed to extend the present time charter contract with Cargill International S.A.…
