Swiss Utility in Talks to Buy LNG from Canada's Goldboro Project
Axpo, a Swiss utility and energy trader, said on Thursday it was in talks for a 10-year supply deal with a Canadian company planning to build a liquefied natural gas (LNG) terminal.A sales and purchase agreement would boost the chances that Pieridae Energy would decide to build the C$10 billion ($7.6 billion) Goldboro project, which would be the first LNG export terminal on Canada's East Coast.Canada…
British Ports Association Launches Sustainable Development Resolution
The British Ports Association has published a sustainable development resolution, which commits to supporting the dual aims of a strong and healthy environment and a thriving economy.The BPA represents 350 ports, terminals and port facilities across the UK. UK Ports handle 95% of the UK’s international trade, keeping goods moving in an efficient manner that underpins the UK’s economy. The industry is also highly productive and employs over 101…
Benetti Rolls-out Bond-inspired Superyacht Spectre
Spectre, the ninth James Bond-inspired yacht commissioned by John Staluppi, has been launched by Benetti in Italy.A company press release said that after “Quantum of Solace” and “Diamonds Are Forever”, “Spectre” is the third yacht launched by Benetti for talented New York businessman John Staluppi.M/Y “Spectre” is a 69-meter Full Custom Mega Yacht with a steel hull and an aluminium superstructure on five decks.
Shanghai International Port Group Buys Kalmar Equipment
Kalmar, part of Cargotec, has secured an order to supply 15 units of container handling equipment to Shanghai International Port Group (SIPG).This order, including a total of 4 units of Reachstackers and 11 units of Empty Container Handlers, has been booked into the Cargotec 2018 second quarter order intake. Delivery of the machines is scheduled to take place in the third quarter of 2018.Founded in 2005, Shanghai International Port (Group) Co., Ltd.
DP World Gross Volume Up 4.8% for 1H 2018
Dubai-based port and terminal operator DP World said that its gross volumes rose 4.8 percent to USD 35.6 billion s for the six months to 30 June 2018, despite uncertainties in the container market. On a reported basis, revenue grew 14.4%.Revenue growth is supported by the volume growth across all three regions and the impact of new acquisitions including Drydocks World LLC (Drydocks), Dubai Maritime…
TORM to Feature Scrubbers in Newbuildings
Danish shipping company TORM is installing scrubbers to its vessels, allowing them to continue running on high sulfur fuel oil after the International Maritime Organization's marine fuels sulfur limit is cut in 2020.A press release from the company said that it has decided to install scrubbers on 14 vessels including all vessels currently on order and the three LR2 vessels that were delivered earlier…
Diana Shipping TC Contract for M/V Coronis
Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with CJ International Italy Societa Per Azioni for one of its Panamax dry bulk vessels, the m/v Coronis, for a period of minimum 12 months to maximum 15 months.The global shipping company specializing in the ownership of dry bulk vessels said that the gross charter rate is US$8,300 per day for the first sixty (60) days of the charter period and US$11…
Damen Shipyards Galati Celebrates 125th Anniversary
Damen Shipyards Galati has delivered over 1,300 vessels during proud history! On 15th August, Galati yard held a party for the annual celebration of Ziua Navalistului – Shipbuilder’s Day.This year the party was larger than usual as it incorporated a celebration of 100 years since Romanian unification and Damen Shipyard Galati’s 125th anniversary.In total around 7,000 people attended the event, including employees and former employees of the yard and their families…
Shipbuilding: “We had shipyard for dinner …”
The Duclos family is iconic in boatbuilding circles, as the Somerset, Mass.-based Gladding-Hearn, Duclos Corporation, has built a strong heritage in the pilot boat and fast ferry sectors, and in total more than 425 vessels have been delivered since it was founded in 1955. Today a trio of second-generation siblings run the yard, brothers and co-presidents John and Peter Duclos with sister Carol Hegarty serving as CFO.
EBDG Adds Staff in New Orleans
Seattle based naval architecture and marine engineering firm Elliott Bay Design Group has added two marine professionals, Grayson Laborde and George Scully, to its…
Top U.S. Trade Official Sees NAFTA 'breakthrough' in Days
U.S. Trade Representative Robert Lighthizer on Thursday said he hopes there will be a breakthrough in NAFTA trade talks in the next few days, as the U.S continues discussions over the North American Free Trade Agreement.Lighthizer made the remarks at White House meeting of President Trump's Cabinet. Trump told Lighthizer he was in no rush for a resolution over the pact: "We’re either going to do a fair NAFTA for us or we're not going to do NAFTA at all."Reporting by Steve Holland
Royston Bringing Advanced Monitoring Tech to SMM
Advanced fuel monitoring and energy management technology, designed to deliver significant cost benefits for vessel operators, will be among the key attractions on the Royston diesel power SMM stand.Royston, an internationally based company operating in the global maritime sector for over 40 years, is an authorized representative for Niigata, GE, Yanmar, Volvo Penta, Scania, Napier Turbochargers.With bases in the U.K.…
Hapag-Lloyd Adds 11,100 Reefer Containers
Hapag-Lloyd is investing in its container fleet and has ordered 11,100 state-of-the-art reefer containers. The new containers will be integrated to the company’s existing fleet of 91,000 reefer containers, with delivery gradually starting in August and to be finally completed by December 2018.Already today, Hapag-Lloyd has a significant footprint in the refrigerated container market and the company…
Shipbuilding: Oman Drydock CEO Aims to Triple Revenue by 2021
Said bin Homoud Al Maawali, CEO, Oman Drydock Company (ODC) means business when he aims to triple revenue by 2021, but it’s anything but business-as-usual at ODC. A neophyte to the shipyard world, he is a veteran business man with a long resume in multiple industries, a turnaround specialist. He sees potential at ODC, but bigger picture, he sees the shipyard as a means to help Oman broaden its business…
Green Shipping: Toward a Clean Future
The International Maritime Organization (IMO) has announced its targets of cutting greenhouse gas emissions from global shipping in half by the year 2050, and to make ships entirely CO2-neutral before 2100. But long before that, the so-called sulphur cap will take effect: From 2020 all oceangoing ships must run on fuel that contains no more than 0.5 per cent of sulphur. According to estimates by classification society DNV GL, up to 70,000 ships will be subject to this requirement.
Maersk to Spin off Drilling, Hand Total Shares to Investors
A.P. Moller-Maersk said on Friday it would spin off its offshore drilling operation and list it in Copenhagen next year, the latest move by the Danish shipping company to focus entirely on transport and logistics.Maersk, which cut its full-year profit outlook this month, sold Maersk Oil to French oil major Total last year in a $7.5 billion deal as part of a restructuring under Soren Skou, who became…
Kongsberg to Power Grimaldi’s Nine New RoRos
Kongsberg Maritime said it has been awarded contracts with Chinese shipbuilder Nanjing Jinling Shipyard Co. to deliver power and hybrid systems to nine Roll on – Roll off (Ro-Ro) vessels ordered by Grimaldi Group, Italy. The contracts are valued at more than NOK 400 million ($47 million) and include an option for three additional vessels increasing the total value to more than NOK 500 Million ($59 million).Due for delivery from 2020…
Allweiler to Roll Out New Centrifugal Pumps
Allweiler GmbH, part of CIRCOR International, Inc., will exhibit its redesigned vertical centrifugal pump solutions for ship engine rooms at this year’s SMM fair in Hamburg.According to the manufacturer, a new innovative foot design reduces space requirements and improves operational safety."The new compact MA-S and MA-C series are vertically installed centrifugal pumps with axial inlets and radial outlets.
Water Taxi Strikes Sailboat in Boston
A water taxi collided with a sailboat on a mooring ball Thursday afternoon near Long Wharf in Boston Harbor.Only one minor injury was reported, and the patient was treated and released at the scene.A U.S. Coast Guard Station Boston rescue crew along with the Boston Fire Department, Boston Police Department, and Massachusetts Environmental Police all responded to the scene at around 5 p.m.The water taxi had one operator and seven passengers.
Hapag-Lloyd Investing in East Africa
German shipping company Hapag-Lloyd is continuing to focus on the growing market in East Africa, where annual growth rates of approximately six percent lead the African continent.In April 2018 Hapag-Lloyd launched the East Africa Service (EAS), its first dedicated service to East Africa. The weekly service sails from Jeddah to Mombasa, and from there to Dar es Salaam, in Tanzania, and directly back to Jeddah.