Italy Police Search Shipbuilding Firms Linked to Fincantieri
Italian finance police searched offices of several companies working for state-controlled shipbuilder Fincantieri, as part of an investigation into suspected corruption, fraud and worker exploitation, the prosecutor's office in Venice said on Wednesday.The prosecutor added in a statement that 34 people were under investigation for alleged "systematic exploitation" of foreign workers - mainly from Bangladesh and Albania - in shipyards in the port city of Marghera, close to Venice, working on orde
Terntank Orders 2 Hybrid Tankers in China
Swedish shipping company Terntank has placed orders for two hybrid tankers, which run on liquefied biogas (LBG) and liquefied natural gas (LNG), at Chinaâs AVIC Dingheng Shipbuilding with an option for two more vessels.The 15,000 dwt new-builds with hybrid battery system and on-shore power are designed by Kongsberg (ex Rolls-Royce) and they will be in operation in the Baltic Sea and the North Sea in 2021.The close cooperation with the customers and with the crew at shore and onboardâŠ
ORE Catapult Mulls Humber Expansion
UK's technology innovation and research center Offshore Renewable Energy (ORE) Catapult has announced ambitious expansion plans in the Humber, including a commitment to open a base of operations in Grimsby and create 50 to 70 jobs in the region in the next 10 years.The Catapult is already an active member of Aura, a regional partnership of leading industry and academic organisations focused on driving forward the growth of the UKâs offshore wind sectorâŠ
EGPC Leads Oil, Gas Discoveries in Q3 2019
Egyptian General Petroleum Corporation (EGPC) led globally among companies in the third quarter (Q3) 2019 in terms of the highest number of oil and gas discoveries, said GlobalData.Of the total 38 discoveries made worldwide, EGPC had four, all being onshore discoveries. Of these, three were conventional oil discoveries while the remaining was a conventional gas discovery, said a report from GlobalData.Soorya TejomoortulaâŠ
HHLA Receives New Container Gantry Cranes
German logistics and transportation company Hamburger Hafen und Logistik AG (HHLA) has announced that it has taken delivery of three new container gantry cranes for its Container Terminal Burchardkai (CTB) in Hamburg port.According to a press release, this will provide HHLA with additional capacities for handling ultra-large container vessels with a cargo volume of 23,000 standard containers (TEU) and more.The new gantry cranes manufactured by ZPMC will replace three smaller units at CTBâŠ
SGRE Posts 10.9% Growth in Offshore Sector
Spanish-based engineering company Siemens Gamesa Renewable Energy (SGRE) closed the fiscal year ended September 30 with double-digit growth (+10.9%) in offshore unit due to new markets, mainly Taiwan, which contributed 1.5 GW in firm orders.Meanwhile, Service orders increased by 13.4% in FY 2019, to âŹ2,715m. This business unit, which contributes with very profitable contracts, accounts for 47% ofâŠ
Europort 2019 Begins at Rotterdam Ahoy
The launch of Europort 2019 at the Rotterdam Ahoy yesterday (November 05) saw well-known journalist Geert Maarse bring four of the leading owners in Europeâs special ship segments to grips with the key challenges facing the maritime industries today and tomorrow. Now in its 39th edition, Europort continues to hold its own as one of the most significant events in the maritime calendar, with registered visitors this year reaching 27,000.
Ørsted Issues Green Bonds in Taiwan
Ørsted, the largest energy company in Denmark, has secured nominal TWD 12 billion (USD 395m) through the issuance of green senior bonds, to finance its investments in offshore wind in Taiwan. This transaction marks the first ever green TWD bond to be issued by a foreign corporate in Taiwan. The bonds will be issued in accordance with Ørstedâs Green Finance Framework.Ørsted CFO Marianne Wiinholt, saidâŠ
Saga Orders 1st Boutique River Cruise Ship
British cruise line Holidays announced plans to launch a newbuild river cruise ship to sail on European rivers in spring 2021.The new ship will be built by Vahali, a Dutch-founded company which has been building rivers ships since 1923. The new vessel is christened Spirit of the Rhine.This follows launch of Sagaâs new luxury boutique ocean cruise ship, Spirit of Discovery in July 2019, and the launchâŠ
Eastern Launches RApport2400 Tug
Eastern Shipbuilding Group, a shipbuilder based in Panama City, Florida, has recently launched the RApport 2400 tug C.D. White, a ship-assist / escort tug for E.N. Bisso & Son Inc. of New Orleans LA.Designed by Robert Allan Ltd. it is first of two tugs of the same design being built by Eastern for E.N. Bisso. The tug is designed and built to USCG Subchapter M.Though very similar to the tug Gladys B, delivered in to E.N.
MOL Adds Southern Treasure to its Fleet
Japanese shipping company Mitsui O.S.K. Lines (MOL) has announced that the new scrubber-equipped wood chip carrier Southern Treasure has been delivered.The delivery ceremony for the 60,300 dwt vessel with with a cargo capacity of 4.3 million-cubic feet was held at Oshima Shipbuilding, Nagasaki Prefecture.MOL will operate the vessel, which transport wood chips for Hokuetsu Corporation, said a pressâŠ
LNG Terminals Market to Grow 3% by 2022
The large-scale LNG terminals market size is expected to post a CAGR of close to 3% during the period 2018-2022, according to the latest market research report by Technavio.The rising demand for clean fuels is one of the major reasons for the growth of the large-scale LNG terminals market. Fossil fuels constitute a major source of energy to cater to the demands from the residential, commercial, and industrial sectors.
BAM Bags 2nd JV Contract in Canada
JGC-Fluor joint venture has awarded BJM the contract for the construction of the LNG Canada MOF, a material offloading facility to support the realization of a LNG export facility in Kitimat on the west coast of Canada, British Columbia (approximately 600 km north-west of Vancouver).BJM is a joint venture between BAM International (the operating company of Royal BAM Group active outside Europe), JJMâŠ
Polymnia TC Cancelled: Diana Shipping
Diana Shipping announced the cancellation of the time charter contract with Al Ghurair Resources International, Dubai, for one of its Post-Panamax dry bulk vessels, the m/v Polymnia, as announced on October 10, 2019.According to the global shipping company specializing in the ownership of dry bulk vessels, charterers have exercised their right to cancel the time charter contract since the vessel was not deliveredâŠ
SOLAS Training in S. America
International Maritime Organization (IMO)âs most important ship safety treaty â SOLAS â provides for safe merchant shipping, covering a wide variety of topics, from ship construction to fire protection, to life-saving appliances and cargo carriage.SOLAS generally applies only to ships above a certain size which make international voyages, but IMOâs efforts to improve ship safety go further â extending to so-called ânon-SOLASâ vessels.
Vard Marine Wins NYC Gowanus Gig
Canadian naval architecture and marine engineering company Vard Marine has been contracted to complete the basic class design package of a new generation of Siemens powered SeaFloat power barges to support New Yorkâs Gowanus Repowering Project.Working under the guidance of Stantec, the projectâs engineer of record, Vard Marine will supply the barge arrangements, structural design package, marine engineering and naval architecture for the project.Vard Marineâs Houston Vice PresidentâŠ
HII President and CEO Honored by SNAME
Huntington Ingalls Industries announced that the Society of Naval Architect and Marine Engineers (SNAME) awarded HII President and CEO Mike Petters the 2019 Vice Admiral Emory S. âJerryâ Land Medal. Petters received the Land Medal on Thursday during the Annual SNAME Banquet, held in Tacoma, WA.Mike Petters Accepts Land AwardHII President and CEO Mike Petters, center, accepts the 2019 Vice Admiral Emory S.
SCHOTTEL Propulsion for Bibby WaveMaster Horizon
The newly built Service Operation Vessel (SOV) âBibby WaveMaster Horizonâ is equipped with propulsion units from SCHOTTEL. Ordered by the British company Bibby Marine Services Ltd. and built at Damen Shipyards Galati, the vessel is driven by three rudderpropellers and two bow thrusters from the German propulsion expert. The new walk-to-work vessel is purpose-built for the transfer and accommodationâŠ
MAN Powers French Naval Logistic Vessels
A temporary consortium formed by Chantiers de l'Atlantique and Naval Group has been awarded a contract for four Logistic Support Ships (LSS). As part of the deal, MAN Energy Solutions will supply the Chantiers de lâAtlantique shipyard with a total of 16 engines in connection with the building of the four refueling tankers for the French Navy.Each vessel will feature a diesel-electric propulsion system with two shaft lines and propellers.
Naming Ceremony for Damen Fishing Vessel
On November 1st, 2019, the latest Damen Shipyards Group fishing vessel, constructed at Damen Maaskant Shipyards Stellendam (Maaskant) was named in a dedicated ceremony organized by leading fishing company Van der Zwan. The vessel was named Spes Nova by Director of Fisheries and Rural Affairs at the Ministry of Agriculture, Nature and Food Quality for the Netherlands Nanou Beekman.The Spes Nova, a UK-205 fly-shooter/twinrigger vesselâŠ
