The Jones Act is Good for Puerto Rico -Report
After Hurricane Maria struck Puerto Rico with devastating force on September 20, 2017, a number of news reports claimed that the Jones Act had severely damaged the Puerto Rican economy, both over time and in the immediate aftermath of the storm. Now a new report examining the role of the Jones Act shipping industry before, in the immediate aftermath of and in the months that followed the hurricane asserts that the Jones Act fleet delivers a dedicated and reliable flow of goods…
Wärtsilä 34DF Engine Awarded EPA Tier III Certification
Wärtsilä marks another milestone for its Wärtsilä 34DF dual-fuel engine.The 34DF engine has been awarded the U.S. Environmental Protection Agency’s (EPA) Tier III certification for diesel mode operation when installed together with the Wärtsilä NOx Reducer (NOR) system, a selective catalytic reduction (SCR) system that converts nitrogen oxides (NOx) with the aid of a catalyst into diatomic nitrogen (N2) and water.Wärtsilä said it is the first engine manufacturer to be awarded…
Panama Imports Its First LNG Cargo
Panama has imported its first liquefied natural gas (LNG) cargo to commission the newly built $1 billion Costa Norte facility and power plant at Colon, expected to be a launch-pad for LNG trade across Central America.Many utilities in Central America and the Caribbean remain reliant on burning oil to generate electricity, but LNG offers a cleaner, cheaper and more efficient alternative.Shipping data shows the Engie-chartered Provalys tanker arrived last week, carrying a cargo exported from the Sabine Pass plant in Louisiana in March.AES Panama, a unit of U.S.
Cruise Ship Construction: China Rising
China earns cruise newbuild business, aims for ship financeWhile China has steadily built shipbuilding market share, cruise ship construction – more specifically mastering the logistical complexities inherent in cruise ship design, outfit and construction – has proved elusive. But it appears that Chinese shipbuilders have turned the corner, with contracts signed for the first cruise newbuilds. We were in Tianjin, China, earlier this year for the 4th Annual China Maritime Finance Forum for a look behind the covers of passenger vessel in China…
Floating Pier Provides Flexibility for Donsö Harbor Project
SF Marina has built pontoons and floating breakwaters internationally for a range of bespoke marinas designed to suit local conditions worldwide, from a fishing station in the north of Iceland to the sunny but continually storm-hit Caribbean. The company has leveraged this experience for the Donsö Harbor Association in a project called Donsö Djuphamn – the Donsö deep water harbor project.“This project will benefit the fishing and commercial fleets, but it will also benefit other marine traffic such as official vessels.
U.S. Yards: Competing – and Winning – Here and Across the Big Pond
Louisiana-based Metal Shark powers into the second half of 2018 with a healthy backlog, multiple recent deliveries into foreign markets, and a portfolio of patrol craft that has attracted multiple clients – here and abroad. Key patrol boat contracts for this rapidly expanding builder include the U.S. Coast Guard Response Boat – Small (RB-S). Over 300 of these units are service since the award of the contract in 2012 and, says Metal Shark, new units are in production and shipping weekly. Separately, over 50 of the U.S.
ACMF Receives Grant from Former SeaFreight Boss
The American Caribbean Maritime Foundation (ACMF) announced it received a contribution of $150,000 from Mr. and Mrs. Roland Malins-Smith. Mr. Malins-Smith, now retired, is founder of SeaFreight Line Ltd. which was acquired by Crowley in 2015.The ACMF funds scholarships and provides grants for classrooms and other facilities at the Caribbean Maritime University (CMU).Malins-Smith, born in Grenada, began his career in 1970 researching shipping and transportation issues for the then Caribbean Free Trade Area (Carifta) Secretariat based in Georgetown Guyana.
Slipstream and Crew Win Yachts de Coeur Humanitarian Prize
Slipstream, a 60-m Burgess motor yacht, and her crew were presented with the annual Yachts de Coeur humanitarian prize in Cannes in June 2018. The award was presented to recognize their efforts to aid the Caribbean islands and people affected by Hurricanes Irma and Maria in Autumn 2017. The award was presented on the 11th June by Commandant Oliver Troy of the French Royal Navy, and depicts Ceres, the Roman goddess of nature and charity.The award was presented to Captains Phil Stevens and Steve Osborne and the crew of Slipstream, who in November 2017 joined forces with Eco-Mer and YachtAid Global to help collect disaster aid, including building materials, and transport them across the Atlantic to the islands that were most severely damaged by the storms.
Maritime Single Window for Antigua and Barbuda
An exciting new phase in a project to develop a maritime single window for Antigua and Barbuda has begun, with the installation of the first, basic system platform, said a press release from International Maritime Organization (IMO). Testing and implementation will now begin and if successful, the system, developed by Norway, could potentially benefit other countries of the Caribbean region and to other regions of the world. A technical team from Norway has explained the basic platform…
Idled St. Croix Refinery to Restart, Produce Fuels by 2020
Owners of an idled oil refinery in St. Croix, U.S. Virgin Islands, which was once one of the world's largest refineries, plan to invest $1.4 billion to refurbish and restart a portion of the plant, they said on Monday. ArcLight Capital Partners, a private equity firm that owns 80 percent of Limetree Bay Terminals LLC, expects the former Hovensa plant to be able to process 200,000 barrels per day of crude and deliver fuels to market by January 2020, officials told a news conference in St. Croix. The Boston-based company spent two years studying the market and developed "a refinery profile we see thriving in the current marketplace," said John Erhard, an ArcLight partner. The refinery would supply low-sulfur fuels under an International Maritime Organization mandate that begins in 2020.
REGULATORY WATCH: The Global 0.50% Sulfur Cap: 30 months and counting down …
Industry frets about the coming deadline. Shipping desperately wants to be ready, but will global shore-based infrastructure and refining capacity match the demand that is sure to come? And … are regulators listening to industry’s concerns? In early June, the U.S. Coast Guard (USCG) and U.S. Environmental Protection Agency (EPA) held a public workshop in Washington to help the agencies prepare for the January 1, 2020 deadline for worldwide implementation of very low sulfur marine fuel that meets the new 0.50% sulfur cap as set forth by the International Maritime Organization (IMO).
World Maritime Day Theme 2019: Empowering Women
"Empowering Women in the Maritime Community" has been selected as the World Maritime Day theme for 2019. This will provide an opportunity to raise awareness of the importance of gender equality, in line with the United Nations' Sustainable Development Goals (SDGs), and to highlight the important contribution of women all over the world to the maritime sector. The Council of the International Maritime Organization (IMO), meeting for its 120th session at IMO Headquarters in London, endorsed the theme, following a proposal by IMO Secretary-General Kitack Lim.
IMO Supports Spill Preparedness in Northwest Pacific
International Maritime Organization (IMO) is supporting regional cooperation on oil and hazardous and noxious substances (HNS) spills in the Northwest Pacific region.IMO’s Roel Hoenders is taking part in meetings of the Marine Environmental Emergency Preparedness and Response Regional Activity Centre (MERRAC) taking place in Incheon, Republic of Korea (17-20 July).The Centre was originally established by IMO and UNEP to create effective cooperative measures to spill response under…
MSC Cruises Plans New Terminal at PortMiami
MSC Cruises is eyeing further growth in the North American with a new expansion project in Miami, the cruise line’s exclusive homeport in the U.S. The company announced it has signed an agreement for extended preferential berthing rights as well as of a Memorandum of Understanding (MOU) for the construction of a new Cruise Terminal AAA at PortMiami.“The new agreement and expanded partnership with PortMiami and Miami-Dade County is another key step forward in the business growth of MSC Cruises…
TUI Cruises Orders Two LNG Newbuilds
TUI Cruises, a joint venture between TUI AG and Royal Caribbean Cruises has placed an order with Italian shipbuilder Fincantieri to build a pair of new-generation cruise ships to be powered by liquefied natural gas (LNG).The new 161,000 gross ton vessels will be built at the Monfalcone shipyard and delivered in 2024 and in 2026. Including the new pair, the cruise line’s Mein Schiff fleet will grow to nine ships by 2026.“These will be the largest ships ever built in Italy,” said Giuseppe Bono, CEO of Fincantieri.
Metal Shark is Competing - and Winning - Here and Oversees
U.S. shipbuilder Metal Shark powers into the second half of 2018 with a healthy backlog, multiple recent deliveries into foreign markets, and a portfolio of patrol craft that has attracted multiple clients – here and abroad.At a time when more than a few workboat builders are feeling the pain of lingering offshore malaise and an oversupplied inland market that no longer needs large quantities of barges, Louisiana-based Metal Shark has found its groove in a suddenly active and highly competitive niche market.
Second Delivery of Cranes Arrives in APM Terminals Moin
With this latest delivery of cranes, the APM Terminals Moin remains on schedule for completion in February 2019, when it is expected to raise commerce in Costa Rica by 23% according to Qbis Socioeconomic Impact Study. This second delivery of Ship-to-Shore and Electric Rubber-Tire Gantry Cranes (ERTGs) to APM Terminals Moin, Costa Rica brings the total on site to six and 23 respectively. The commissioning of the equipment was completed this week. “APM Terminals Moin is proud to celebrate this milestone…
Crowley Launches New Caribbean Shipping Service
Crowley Maritime Corp.’s liner services group announced today that it has launched a new feeder shipping service connecting San Juan, Puerto Rico; Rio Haina, Dominican Republic; and St. Croix and St. Thomas in the U.S. Virgin Islands (USVI).With the new service, vessels depart Rio Haina on Sundays and arrive in San Juan on Tuesdays. After departure on Thursdays, cargo arrives in St. Thomas and St. Croix on Fridays, before the vessel moves to the Dominican Republic again for Sunday operations.
Royal Caribbean Buys $1 Bln Stake in Silversea Cruises
Royal Caribbean Cruises Ltd (RCL.N) said on Thursday it would buy a 66.7 percent stake in privately owned Silversea Cruises for about $1 billion to add ultra-luxury and expedition cruises to its fleet.Silversea Cruises, which has nine ships, sails to destinations including Antarctica, the Arctic and Greenland, with most of its tickets selling for more than $5,000.In contrast, the most expensive cruises run by Royal Caribbean under its Azamara Club Cruises brand cost around $3…
Industry Presents on Marine Accidents and Salvage
A series of presentations organized and presented jointly by Resolve Marine Group and the SNAME - Greek Supper Section was held Wednesday, June 6 at the Posidonia 2018 exhibition in Athens.The two-hour event included a total of four presentations – two from SNAME and two from Resolve – focused on the issues of direct and prompt response to merchant vessels’ accidents and damages that have shaken the global shipping community over the past three years.The event was attended by…
PDVSA Raises Prospect of Force Majeure on Oil Exports
OPEC member Venezuela has raised the prospect of declaring force majeure on contracts with major crude buyers amid plummeting output from its oil fields and tanker bottlenecks at ports, according to three sources familiar with the matter.Falling production from Venezuela has contributed to a rally in global oil prices to a near four-year high, and other OPEC members may boost output at a meeting later this month to compensate for the shortfall and other risks to global supplies.Oil is the financial lifeline for the embattled socialist government of President Nicolas Maduro…
Fuel Leak Caused Caribbean Fantasy Fire -NTSB
Leaked fuel that contacted a hot surface in the engine room was determined to be the immediate cause of a fire that burned for three days aboard the auto and passenger vessel Caribbean Fantasy in August 2016.According to the National Transportation Safety Board (NTSB), who reported their findings Tuesday, the fire started in the main engine room of the 614-foot long, Panamanian-flagged vessel, when fuel spraying from a leaking flange contacted the hot surface of the port main…
Metal Shark Acquires Horizon Shipbuilding Assets
Louisiana-based shipbuilder Metal Shark said it has acquired the assets of Alabama-based Horizon Shipbuilding, which filed for Chapter 11 bankruptcy protection in October 2017.Metal Shark will assume ownership of Horizon’s fully developed 35-acre shipbuilding facility in the Mobile Bay region, following a motion approved by the U.S. Bankruptcy Court Southern District of Alabama on June 5, 2018.The Horizon facility, which features separate east and west yards both fronting a dredged deepwater inlet…