AETI and L-3 Westwood to Deliver Power Systems
L-3 Westwood has contracted AETI to develop custom-built, commercially oriented marine switchgear for the two separate projects totaling slightly more than $5 million. The end customers are VT Halter Marine, a domestic ship engineering and construction company in the , and affiliates of AHL Shipping Company, a petroleum product transportation company that provides double hull tankers to the domestic petroleum industry. L-3 will provide twin shaft line electric propulsion systems to affiliates of AHL Shipping Company for the building of three, shallow-draft, 49,000 deadweight ton Jones Act and OPA90-compliant chemical product tankers in connection with a charter agreement with Shell Trading (U.S.) Company (Shell Trading). The vessels will have a cargo capacity of 330,000 barrels.
More AHL Shipping Tankers Facing Arrest
According to an April 19 report from Lloyd’s List, two more vessels owned by AHL Shipping face arrest after bunker suppliers brought lawsuits at the weekend. (Source: Lloyd’s List)
ABS Classes First CSR Tankers Built in the U.S.
International classification society ABS confirmed it will class the first common structural rules (CSR) tankers built in the United States. Three, shallow-draft 49,000 dwt Jones Act product tankers built for Texas-based AHL Shipping Company are currently under review by the society. ABS is most familiar with the tanker design having been involved since 2004 when it applied its proprietary SafeHull analysis to the initial design. SafeHull is a dynamic-based ship design evaluation system founded on engineering first principles. According to Tom Kirk, Director, Technology & Business Development, ABS Americas, this design was originally…
Construction Components of Jones Act Tankers at Auction
Hilco Industrial, LLC, and partners Myron Bowling Auctioneers, Maynards Industries, and PPL Group, will conduct a public auction sale of the assets of Keet Seel Tankships, LLC, and First Mesa Tankships, LLC on February 15, 16, and 17, 2011 The auction will feature the components necessary to construct two 49,000-dwt Jones Act Tankers. As recently as 2009, these components were valued at over $200,000,000, making this a truly unprecedented auction event. Many of the components have never been used or installed and are still in their original vendor shipping crates. In 2007, AHL Shipping committed to build three tankers in conjunction with Shell Trading Company…
SAM Electronics for New U.S. Tankers
Three new shallow-draught 49,000-dwt tankers ordered by AHL Shipping of San Antonio, Texas for subsequent long-term charter to Shell Trading (US) in 2009-2010 are to be equipped with SAM Electronics’ navigation, communication and propulsion systems as part of a single-source vendor contract obtained by parent organisation, L-3 Communications of New York. Associate L-3 companies, L-3 of Westwood, Oklahoma and Valmarine of Norway are also to supply equipment, with Valmarine due to deliver its Damatic DNA series of integrated automation systems (IAS). The IAS covers complete control and monitoring of machinery systems. Power management is also integrated to the IAS while a mode change system enhances safe and easy transition between two sailing modes.
MaK Power for U.S. Tankers
Caterpillar Marine Power Systems will propel a series of 49,000 dwt tankers, built and operated in the US according to domestic Jones Act regulations. Propulsion will be diesel-electric using three MaK 12 M 32 C generating sets equipped with Siemens alternators. Each set will weigh about 120 tons and provide 5760 kWe at 720 rpm. The tankers have been ordered by AHL Shipping Company, San Antonio, Texas, following a charter agreement with Shell Trading (US) Company, Houston, Texas, to transport crude oil, chemicals and products within domestic US trade lanes from 2009/2010. Approximate vessel dimensions: length 188 metres, breadth 32 metres, draft 11 metres, cargo capacity 330,000 barrels.
FMC, Petrobras $80M Subsea Service Contract
FMC Technologies, Inc. (NYSE: FTI) announced that it has signed a subsea service contract with Petrobras (NYSE:PBR) (NYSE:PBRA) . The agreement is effective through 2012 and is expected to result in an additional $80m in revenue to FMC Technologies. FMC's scope of supply includes storage, maintenance, commissioning and offshore services for subsea and topside control systems and drill pipe riser systems. 10. International accountant and shipping consultant Moore Stephens has strengthened its shipping industry risk management services capability following a merger with AHL Business Assurance Limited, a specialist provider of governance, risk and internal audit services.
Jamestown Metal Wins AHL Tanker Deal
Jamestown Metal Marine Sales, Inc. won a contract by American Heavy Lift (AHL) to supply the superstructure modules for three new shallow draft 49,000 DWT tankers. Jamestown will provide the complete construction and outfitting of these modules which, upon completion, will be transported to the vessel assembly shipyard in Mobile, Alabama where they will be integrated into the vessel’s hull. machinery, HVAC and joiner outfitting also will take place. that will be organized into the completed vessel. similar deckhouses to Newport News Shipbuilding for the Double Eagle Tankers. Jamestown Metal Marine Sales, Inc. design, supply and installation. employees working at many shipyards throughout the United States.
Dutch-Belgian-Trading GmbH acquires SevenCs GmbH and ChartWorld GmbH
Dutch-Belgian-Trading GmbH (DBT) has acquired Hamburg based SevenCs GmbH and ChartWorld GmbH from Admiralty Holdings Limited (AHL), a wholly-controlled subsidiary of the United Kingdom Hydrographic Office (UKHO). Mr. Jochen Rudolph, Managing Director of DBT, said: “DBT has exciting and ambitious plans to develop a completely new concept for integrated ECDIS and digital chart data services aimed at the SOLAS retrofit market. At the same time as announcing the acquisition of ChartWorld and SevenCs, Mr. Rudolph also announced that DBT are currently recruiting new staff – especially in sales - and will shortly be opening new offices in Singapore and Cyprus to provide sales, service and support for the Asian and Mediterranean markets.
U.S. Shipbuilding: Prospects Abound, but Where’s the Money?
While the U.S. commercial shipbuilding industry outperformed the U.S. economy between 1992 and 2001, this period witnessed the construction of barely a dozen large ocean going vessels for our U.S. domestic trades with an aggregate cost of not much more than $500 million. In contrast, U. S. national transportation needs for the current decade will require the construction of four to five dozen such commercial vessels which, taken together with the building of smaller vessels to meet our other domestic needs, will involve shipbuilding contracts in excess of $6 to $7 billion. The majority of this work is federally mandated by the Oil Pollution Act of 1990, or involves the replacement of vessels in our U.S. non-contiguous trades that have reached the end of their useful lives.
First Containership Receives LR Cyber Notation
The newly built containership MV COSCO Shipping Aries, recently delivered to COSCO Shipping Lines, is the first ever containership to receive Lloyd’s Register’s (LR) cyber-enabled ship (CES) descriptive note “Cyber AL3 SECURE PERFORM” for its energy management system. The 20,000 TEU ship was built by Nantong COSCOS KHI Ship Engineering Co., Ltd (NACKS). “MV COSCO Shipping Aries is the first 20K TEU level ultra large containership built in Chinese shipyard owned by COSCO Shipping Container Lines.
G E Shipping Sells Supramax
India’s largest private sector shipping company Great Eastern Shipping Company Limited (G E Shipping) has contracted to sell its 2003 built Supramax Dry Bulk Carrier Jag Rahul of about 52,364 dwt. G E Shipping said that the vessel will be delivered to the new buyer in Q4 FY 2017-18. The Company’s current fleet (including Jag Rahul) stands at 48 vessels, comprising 32 tankers (12crude carriers, 17 product tankers, 3 LPG carrier) and 16 dry bulk carriers (1 Capesize, 8 Kamsarmax, 7 Supramax) with an average age of 10.24 years aggregating 3.93 mn dwt.
Finland Concerned over Rise in Russia's Cargo Ship Inspections
The Finnish government has voiced concern over surprise inspections on Finnish cargo ships visiting Russian ports in recent weeks, saying delays had been a problem for shipping companies. Neighboring Russia carried out seven thorough inspections in the past two weeks on Finnish ships at St Petersburg and other ports, without giving a specific reason, a government minister said on Friday. Such inspections usually take place for Finnish ships only a few times a year globally. “The inspections have been exceptional ...
Hapag-Lloyd: Shipping Demand Up, More Mergers in 2018
German shipping group Hapag-Lloyd sees demand for transport growing 4 percent in 2018 and expects more shipping firms to merge in the year, the chief executive said. CEO Chief Executive Rolf Habben Jansen also said Hapag-Lloyd, which merged with its Arab peer UASC, could achieve 85 to 90 percent of targeted annual savings from the deal of $435 million this year and 100 percent from 2019. More savings could be made in future, he told reporters in Hamburg, where he reiterated guidance for rising full-year 2017 earnings before interest, tax, depreciation and amortisation (EBITDA) and for EBIT.
Norway SWF Dumps 3 Shipping Firms
The Norwegian Central Bank has decided to exclude ship owners Evergreen Marine Corporation, Precious Shipping, Korea Line Corporation and Thorensen Thai Agencies from the Government Pension Fund Global (GPFG). The exclusion is based on the companies’ poor management of their end-of-life ships and the sale of these for dirty and dangerous shipbreaking on the beaches of Gadani, Pakistan and Chittagong, Bangladesh. The Norwegian Council on Ethics directs the Norwegian Central Bank…
China Rolls-out World's Second-Largest Ore Carrier
The second-largest ore carrier in the world was officially named Yuanhehai and delivered to China Ore Shipping, affiliated with China Cosco Shipping Corporation, in Shanghai, the state media reported. The 400,000-dwt mega ship, which is 362 meters long, 65 meters wide and 30.4 meters high, was delivered almost a year after the deal was made in 2016, China News Service reported. The Yuanhehai is the second-generation very large ore carrier (VLOC) designed by Shanghai Waigaoqiao Shipbuilding Company. The delivery was the first ship of the second-generation VLOC.
Sanchi Collision: A ‘New Bermuda Triangle’?
Seas where Sanchi collision incident has taken place are leading region for maritime accidents. East/South East Asian waters have been identified as the top worldwide hotspot for shipping losses, with 34 ships lost in this region in 2016 alone – 40 percent of all shipping losses globally – according to a report from marine insurer Allianz. Analysis of global shipping losses over the last decade has highlighted East/South East Asian seas as an accident hotspot, with the collision…
Chevron Shipping Awards Oil, LNG Contract to GAC
US-based Chevron Shipping Company (CSC) has awarded the Dubai-based GAC Group a global three-year ship agency contract for both crude and LNG vessels. The new agreement secures the provider of shipping, logistics and marine services GAC’s status as Chevron’s exclusive global agent in a partnership that spans more than 20 years, more than 15 of which have seen GAC as its sole global agent. Operations will be overseen by GAC Hub Agency offices in Dubai, Houston and Singapore with support from GAC’s network of offices and approved agents worldwide.
Iranian Tanker Produces 2 Slicks in East China Sea
An Iranian oil tanker that sank in the East China Sea has left two oil slicks covering a combined 109 square km (42 square miles), the Chinese government said, as maritime police scoured for damage and prepared to explore the wreck. Satellite imaging showed a slick of 69 square km (26.6 square miles) and a second 40 square km (15.4 square miles) slick, which is less thick and not as concentrated, the State Oceanic Administration (SOA) said in a statement late on Tuesday. The large tanker Sanchi (IMO:9356608) sank in the worst oil ship disaster in decades on Sunday…
First Ship Lease Trust Sells Containership Vessel Us$6.2 Mln
First Ship Lease Trust has sold its containership, FSL Busan, for a cash consideration of USD $6.2million. The compnay will record a gain on disposal of about USD $0.75 million, in 1Q 2018.
Maersk, IBM to Launch Blockchain Joint Venture
The world’s largest container shipping firm A.P. Moller-Maersk is teaming up with IBM to create an industry-wide trading platform it says can speed up trade and save billions of dollars. The global shipping industry has seen little innovation since the container was invented in the 1950s, and cross-border trade still leaves an enormous trail of paperwork and bureaucracy. Success of the platform, which will be made available to the ocean shipping industry around mid-2018, depends on whether Maersk and IBM can convince shippers…
Ex-US Navy Officers Face Negligent Homicide Charges over Ship Collisions
The commanding officers of two U.S. Navy destroyers involved in deadly collisions last year in the Pacific Ocean face courts-martial and military criminal charges including negligent homicide, the U.S. Navy said in a statement on Tuesday. Filing charges against the officers marks the Navy’s latest effort to address the problems that led to collisions involving its warships in Asia, in which 17 sailors were killed. The Navy has already dismissed several senior officers, including the commander of the Seventh Fleet, as a result of the collisions.
GE Ships LM2500 Marine Gas Turbine for US Navy
GE's Marine Solutions division said it has shipped a LM2500 marine gas turbine propulsion module that will help power the U.S. Navy's 75th DDG Arleigh Burke-class destroyer Jack H. Lucas (DDG 125). Shipbuilder Huntington Ingalls Industries' Ingalls Shipbuilding division will construct this new destroyer with U.S. Navy Flight III upgrades incorporated. Each DDG destroyer features four GE LM2500 marine gas turbines in a combined gas turbine and gas turbine (COGAG) configuration. "Since 1991 - for just the U.S.