Crowley Awards Scholarships to Four Cal Maritime Students
Crowley Maritime Corp. awarded Thomas B. Crowley Sr. Memorial Scholarships to four California State University Maritime Academy (CMA) cadets at the Containerization and Intermodal Institute’s Connie Awards last night in Long Beach, Calif.The recipients earned the scholarships based on their academic achievement, financial need and their interest in pursuing careers at sea.Spencer Hoffman, a third-year student from Loomis, Calif., is currently a junior studying marine transportation.
IPO Expected for Italian Yacht-Maker Sanlorenzo
Italian motor yacht maker Sanlorenzo aims to list on the Milan Stock Exchange at about the same time as the rival Ferretti Group, with an initial public offering…
Next Wave of U.S. LNG Export Projects to be Tougher
The next wave of U.S. liquefied natural gas (LNG) export projects will be “tougher” to bring online, as companies with existing facilities take advantage of lower costs to expand capacity in coming years, the chief executive of Blackstone Group said on Wednesday.Blackstone CEO David Foley said at the Gastech Energy Conference in Houston that only one or two new startup projects may reach a final investment decision (FID) in the next wave of U.S.
NYK Conducts Japan’s First Carbon-Neutral Voyage
NYK has become the first Japanese shipping company to realize a carbon-neutral voyage by offsetting 5,000 tons of carbon dioxide (CO2), equivalent to the CO2 emitted by NYK’s environmental flagship car carrier Aries Leader during one voyage between Japan and the Middle East.Aries Leader is equipped with the latest energy-saving technologies, reducing CO2 emissions per unit by 30% compared with existing large pure car carriers (i.e., comparing emissions on a per car basis).
Magellan Begins Refined Products Transportation on Hearne Pipeline
Magellan Midstream Partners LP said on Wednesday it had commenced operation of a new 135-mile, 20-inch diameter refined products pipeline from its East Houston terminal to Hearne, Texas.The company also said construction of a pipeline spur from the new system to the George Bush Intercontinental Airport was also complete and would be in operation by Nov. 1, once testing is finalized.Completion of the…
SAAM Towage Contracts Damen for Tug Vessel
In August 2019 Damen Shipyards Group signed a contract with SAAM Towage for the delivery of an ASD Tug 2813 to SAAM Mexico for operations in the port of Veracruz. This order is the latest milestone in a business relationship spanning several decades and involving numerous vessels.Due to an existing relationship built on previous shared success, SAAM Towage approached Damen sales manager Ezequiel Najmias with a possible order.
Incat Crowther-Designed Flex Ferry 33X Sets Benchmark
Incat Crowther has announced the launch and delivery of Krotoa, the first Flex Ferry developed in conjunction with Penguin Shipyard. The Incat Crowther designed vessel has been delivered to South Africa’s Robben Island Museum and takes its name from the famous prison’s first female political prisoner. It is the first of Penguin Shipyard’s passenger ferry stock build program. The second vessel will be completed in the coming weeks.Carrying 285 passengers…
Baltic Index Falls for Tenth Straight Session
The Baltic Exchange's main sea freight index, which tracks rates for ships ferrying dry bulk commodities, slipped for the tenth successive time on Wednesday as rates across the capesize and panamax categories declined.* The Baltic index, which reflects rates for capesize, panamax and supramax vessels, fell 17 points, or 0.7%, to 2,266 points.* The capesize index was down 62 points, or 1.4%, to 4,394 points.* Average daily earnings for capesizes…
Kongsberg Wins Full-Scope Expedition Cruise Vessel Tender
Kongsberg has just signed a contract with Damen Shipyards in the Netherlands for the delivery of a fully integrated Kongsberg Maritime solution to the SeaDream Yacht Club cruise line.Valued at more than $21.5 million, Kongsberg’s most extensive ‘Full Picture’ delivery for an expedition cruise ship, Innovation, also encompasses the supply and integration of propulsion equipment including the new ELegance azimuth pod system…
ABS and HHI Group Join Forces on D&D
ABS, Hyundai Heavy Industries (HHI) and Hyundai Global Service (HGS) have agreed on a framework for the exchange of Digitalization and Decarbonization (D&D) concepts to apply to present and future designs. This new framework will be an industry first D&D ecosystem between class, shipyard and ship service company.Launched at a ceremony during Gastech, the new framework enables HHI, HGS and ABS to support…
ABS, SHI Sign Digital Technology JDP
ABS and Samsung Heavy Industries (SHI) are to collaborate on the use of digital technologies to streamline designing, building, and classing assets in a joint development project (JDP) signed at Gastech 2019.The JDP encompasses 3D digital disclosure, data exchange, and the use of analytics to support the new construction process and pilot the survey of the future.The JDP is focused on three areas:•Piloting…
ABS Grants AIP for the World’s Largest Ethane/Ethylene Carrier
ABS has granted Approval in Principle (AIP) to Daewoo Shipbuilding and Marine Engineering Co. Ltd. (DSME) for its 165,000 CBM Jumbo Ethane/Ethylene Carrier design.Under this design, the IMO Type B cargo tanks would be constructed out of High Manganese Austenitic Steel (Hi-MN Steel), which DSME says is more cost competitive than Ni alloy steel as well as providing increased reliability and a more robust containment.ABS has reviewed the safety…
TGS, Quantico Join for AI Seismic Inversion
TGS and Quantico Energy Solutions announced a technology collaboration to leverage their respective offerings in seismic data, AI-based well logs, and artificial intelligence (AI)-based seismic inversion.TGS is a provider of multi-client geoscience and engineering data for exploration & production (E&P) companies. Quantico is a AI company focused on subsurface solutions for E&P companies.The joint solution addresses the critical challenges in earth modeling workflows…
McDermott JV Bags Arctic LNG-2 Deal
Engineering services firm McDermott International announced that its joint venture Qingdao McDermott Wuchuan Offshore Engineering Co. Ltd (QMW) in Qingdao, China, has been awarded a contract to provide three complex modules for the Arctic LNG 2 Project in the Yamal-Nenets Autonomous Region in Russia.McDermott defines a large contract as between $50 million and $250 million. The designation refers to…
DryShips Installs Scrubbers on 7 Vessels
Greek diversified owner and operator of ocean going cargo vessels DryShips announced that further to its plan to future proof its fleet, it has completed the dry-docking, installation of ballast water treatment systems (BWTS) and scrubbers on 7 vessels.DryShips has incurred approximately $26.1 million of total costs and 300 off-hire days future Proofing of the its fleet."Within 2020, we expect to continue…
Vestas Gets 34-MW Turbine Order from Norway
The sustainable energy solutions provider Vestas Wind Systems A/S has received a 34 MW order for the Haramsfjellet wind project on the island of Haramsøya in western Norway.The Danish manufacturer has developed a solution to fit the site’s wind conditions that includes eight V136-4.2 MW turbines and a long-term service contract to optimise energy production for the lifetime of the project in a high wind location."With a robust design for tough wind sites…
ARC to Christen 3 Vessels on Friday
American Roll-on Roll-off Carrier (ARC) will christen the ARC Resolve, ARC Integrity and the ARC Independence, welcoming three of the most versatile and militarily-useful ships to the U.S.-flag commercial fleet, on Friday in the Port of Baltimore.ARC’s three, new vessels will be enrolled in the Maritime Security Program (MSP), the bedrock Congressional maritime readiness program, and the Voluntary Intermodal Sealift Agreement (VISA).Maritime Administrator Mark H.
Brittany Ferries in Brexit 'Dry Runs'
French shipping company has embarked on a series of 'dry runs' - mock voyages - between the UK and France to ensure it is ready for any “no-deal” Brexit mayhem.The Cross-Channel ferry operator has already staged one rehearsal, with lorries travelling from Portsmouth overnight to Caen in France on September 11.Altogether 15 rehearsals are planned between now and mid-October. These will take place in eight Brittany Ferries ports: Portsmouth…
Shearwater Wins 1st Project in S. America
Norway-based provider of marine geophysical services, Shearwater GeoServices has been awarded a 3D Isometrix seismic survey by Colombia’s Ecopetrol.It will be Shearwater’s first Isometrix survey in Latin America with marine acquisition starting in Q4 2019, said GC Rieber Shipping ASA's 20% owned geoservices company.The survey covers 2 000 sq. km of 3D seismic offshore Colombia on Ecopetrol’s Block…
GTT Scores VLEC Order from HHI & SHI
French liquefied natural gas containment system specialist Gaztransport & Technigaz (GTT) has received an order notification for the tank design of six very large ethane carriers (VLEC).According to the engineering company its membrane technology has been chosen for the tank design which will be built by the Korean shipyards Hyundai Heavy Industries (HHI) and Samsung Heavy Industries (SHI) on behalf…
