Keppel Explores Sale of Jack-up Rigs to Borr Drilling
Singapore yard Keppel Corporation is considering a sale of jack-up rigs to Norwegian offshore drilling contractor Borr Drilling, reports The Business Times. The world’s biggest builder of oil rigs is seeking to offload six jack-up rigs for up to US$960 million to the Oslo-listed drilling firm headed by Tor Olav Trøim, said the report. BT also reported that Keppel Capital has already hooked up with…
Azerbaijan Caspian Shipping to Prevent Environmental Pollution
Environmental protection is one of the main criteria of sustainable development, says Azerbaijan Caspian Shipping Company (ACSC). ACSC keeps in the center of constant attention the minimization of environmental impacts of sludges, waste oil, fuel, other liquid and solid wastes obtained during the operation of vessels and the functioning of onshore facilities, on water basins, ground and air. Preventive…
Golar LNG Bags New Long-term FSRU Contract
Golar LNG Partners announced that it has executed a 15-year charter with an energy and logistics company for the provision of an FSRU (floating storage and regasification unit) and related services in the Atlantic Basin. The charter provides the Partnership with the flexibility to nominate either the Golar Spirit or the Golar Freeze to service the contract provided that the nominated FSRU satisfies certain technical specifications ahead of project start-up…
Annet Koster New Director of KVNR
Association of Dutch Shipowners (KVNR) has appointed Annet Koster as its new director from 1 March 2018. Annet Koster will join the shipowners' association ass the face of the KVNR, will make a strong case for Dutch shipping, said the board chairmen Sibrand Hassing and Karin Orsel on 17 January during the New Year's reception of the association. "I especially want to get started to make Dutch shipping more broadly visible and to introduce people to this dynamic and traditional Dutch sector…
Gas Natural Fenosa, Baleària Sign LNG Bunkering Deal
Spanish liquefied natural gas (LNG) operator Gas Natural Fenosa signed an exclusive 10-year LNG supply deal with Spanish ferry operator Baleària. According to the company release, the supply contract will initially apply to the ports of Barcelona, Valencia and Algeciras, then extended to all the peninsular ports operated by the shipping company together with the entire new fleet powered by this fuel committed to using LNG as an ecological fuel.
USS Fitzgerald Arrives in Pascagoula for Repair
U.S. Navy warship USS Fitzgerald, which was damaged and nearly sunk after a fatal collision with a cargo ship in June and then was damaged again while on board a heavy lift transport vessel, has arrived in Pascagoula, Miss., for repair work at Huntington Ingalls Industries shipyard. The Arleigh Burke-class guided missile destroyer arrived in Pascagoula on January 19, aboard heavy lift vessel MV Transshelf inward bound from Yokosuka, Japan.
Denmark is World's Sixth-Biggest Seafaring Nation
The Danish-controlled fleet is increasing. Taking the sixth place on the list of the world’s major shipping nations given as operated tonnage, Denmark has advanced one place. Already from early 2018, Danish shipping has a fair wind and has succeeded in advancing on the list of major shipping nations. This is demonstrated by the most recent overview from IHS Markit (Sea-web). At present, Danish shipping is undergoing positive developments.
Ineos Storage Tanks at Antwerp Port
During the past month a pusher barge moored in the Antwerp port area on the Left bank of the Scheldt carrying four large storage tanks each 50 metres long. These cylinders came from a specialist tank builder in Germany and were carried down the Rhine to Antwerp. After being unloaded they continued their journey by night by special road transport to the Ineos Oxide site in Zwijndrecht. The British chemical company Ineos entrusted coordination of this project to Jacobs Belgium…
Myanmar Accedes to Treaty Covering Bunker Oil Pollution Damage
The International Maritime Organization (IMO) treaty ensuring that adequate compensation is available to persons that suffer damage caused by oil spills, when carried as fuel in ships’ bunkers, has been ratified by Myanmar. The International Convention on Civil Liability for Bunker Oil Pollution Damage (BUNKER) applies to damage caused on the territory, including the territorial sea, and in exclusive economic zones of States under the Convention.
Chembulk Tankers Issues USD 200mln Bond
Chembulk Tankers announced that one of its wholly owned subsidiaries, Chembulk Holding LLC, has priced USD 200 million in senior secured bonds which will carry a coupon of 8.00% and be due in February 2023. The net proceeds from the bond offering will be used for refinancing of existing bank debt and general corporate purposes. In addition, this bond offering contains a tap issuance feature, where Chembulk can expand the issue amount at a future date to a maximum of USD 250 million…
Antwerp, Metz Rail Connection Doubles in Frequency
One year after the introduction of the rail shuttle between Antwerp and Metz, the intermodal logistics operator Multi-Modal Rail (MMR) has doubled the frequency. As of the middle of January the Dutch-French company provides a second weekly container shuttle. This increased frequency offers shippers the ideal connection to deepsea services in the port of Antwerp, for their import and export consignments in the Alsace-Lorraine region.
Tug Explosion Kills Three in Kentucky
A tug boat explosion has left three people dead and numerous others injured on the Tennessee River in Calvert City, Ky. Authorities said the tug was undergoing repair…
Aegean Exits Singapore Bunker Market
Aegean Bunkering Pte Ltd on Friday said it had this week left the world's largest marine fuels market in Singapore after handing back its supply and craft operator licences. The company had announced in October that it would halt physical supply operations in Singapore by January amid heightened commercial pressures after the city-state adopted tougher bunkering procedures. Aegean Bunkering, headquartered in Greece…
Magufuli Bans Registration of Foreign Ships in Tanzania
Tanzanian President John Magufuli on Friday put a temporary ban on the registration of foreign ships in the country and ordered over 400 vessels to be investigated for allegations of involvement in criminal activity. The ban came after at least five foreign-owned ships flying Tanzania's flag were seized in various parts of the world carrying illegal consignments of weapons and narcotics. The maritime…
Panama Says Sunken Iranian Tanker had Papers in Order
The Iranian tanker that sank after a collision in the East China Sea, causing the worst oil ship disaster in years, had its paperwork in order, according an initial review by maritime authorities in Panama, whose flag it was sailing under. The large tanker Sanchi (IMO:9356608) sank on Sunday after crashing into the freighter CF Crystal (IMO:9497050) and drifting ablaze for days. The ship's crew of 30 Iranians and two Bangladeshis are believed to have been killed.
Battery Hybrid Patrol Boat under Development
PBES and NORIS Automation GmbH have partnered on the hybrid drive systems for Europe’s first battery hybrid patrol vessel. The 45m long vessel is being built at Baltic Workboats Shipyard in Estonia and will be delivered with 273kWh of PBES Power 65 battery modules. “PBES batteries provide hours of low speed propulsion with reduced sound and heat signature as well as greatly increased efficiency,” said Brent Perry, PBES Chief Executive Officer.
Liberia Opens Maritime Training Institute
The Liberia Maritime Training Institute (LMTI) was officially opened by Liberia President Ellen Johnson-Sirleaf during an inauguration ceremony in Marshall City, Liberia, on January 5. The facility is named after John G Bestman, former Liberian finance minister and a member of the board of governors of the Central Bank of Liberia. Under the management of the Liberian International Ship & Corporate Registry (LISCR)…
Capesize Rates Post Biggest Weekly Drop in 2 Years
The Baltic Exchange's main sea freight index fell on Friday and continued to linger around five month lows as the capesize segment recorded its biggest weekly percentage decline in two years. The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels that ferry dry bulk commodities, shed 14 points, or 1.23 percent, to 1,125 points, the lowest since Aug. 10, 2017. For the week, the index ended 12 percent lower.
NTSB Issues Report on 2016 Columbia River Bulker Grounding
The National Transportation Safety Board (NTSB) issued a report on its investigation into the November 2016 grounding of the bulk carrier Nenita in the Columbia River. The Marshall Islands-flagged vessel was fully laden when it suffered an engine failure that impacted its ability to maneuver and subsequently ran aground at Three Tree Point on the Washington State side of the river. The ship’s bulbous bow and hull were damaged, but no injuries or pollution were reported.
Washburn & Doughty Wins Hybrid Tug Orders
East Boothbay, Maine based Washburn & Doughty said it has secured a contract with Harbor Docking and Towing, of Lake Charles, La., to design and build two 93’ x 38’ Hybrid Z Drive Tugs.