Ccp News

The Coastal Sustainability Alliance (CSA), an industry collaborative effort led by Kuok Maritime Group (KMG), has announced the start of construction of its first fully electric PXO-series tug (e-tug) and supply boat (e-supply boat) by PaxOcean Group.The zero-emissions vessels are among the first and largest local electric harbour craft designed for operation in Singapore’s coastal waters. They are targeted for deployment in 2025, ahead of the nation’s goal for all new coastal…

The Singapore government has recounted the achievements of Maritime Singapore to date to highlight the nation’s successes as a maritime hub in 2023:Total business spending by key maritime companies overseen by MPA exceeded S$4.8 billion, up from S$4.3 billion in 2022. Twenty-five maritime companies established or expanded their operations in Singapore last year. These included maritime services companies and companies setting up sustainability desks in Singapore as part of their…

The Pentagon last Friday announced that nine companies have been awarded contracts for repair, maintenance and modernization of U.S. Navy’s non-nuclear surface ships homeported or visiting the Northwest United States.The total value of the multiple award contract is a combined $944 million. The scope of work is for continuous maintenance, emergent maintenance, and Chief of Naval Operations availabilities, which are short-term or less than 10-months in duration.The nine companies are East Coast Repair & Fabrication…

Danish shipping company J. Lauritzen said it signed letter of intent for construction of minimum two methanol dual-fuel 81,200 dwt Kamsarmax bulk carriers, which will be built by Tsuneishi Shipbuilding, Japan, and be capable of trading with zero carbon emissions when powered by green methanol, and biodiesel.The vessels will be among the very first zero emission capable bulk carriers in the world, and they will be fully owned by a newly established entity named “Lauritzen NexGen Shipping” which J.

The shipping industry has long been criticised by campaigners for allowing vessels to be broken up on beaches, endangering workers and polluting the sea and sand. Now, it is being called to account from a quarter that may have a bit more clout - its financial backers. Norway's $1 trillion Oil Fund, a leader in ethical investing, in February sold its stake in four firms because they scrap on the beach. Three of the firms excluded by Norway's fund - Taiwan's Evergreen Marine, Precious Shipping and Thoresen Thai Agencies (TTA) of Thailand - say they have been unfairly singled out.

System integrator Alewijnse Marine Systems said it has won an order for an electrical systems refit aboard RV Belgica, an oceanographic research vessel owned by the Belgian state. Prior to the assignment, Alewijnse carried out a year-long research project on a limited lifetime extension of the vessel. The refit will start in April 2016 and take several months to complete. RV Belgica celebrated her 30th anniversary in 2014 and renovations are necessary for the ship to continue in active service for another seven years.

Austal launched yesterday its fifth in-series Cape Class Patrol Boat (CCPB) at the Company’s Australian Defence Facility in Henderson, Western Australia. Cape Jervis is the fifth of eight 58-metre patrol boats that are being delivered to the Australian Customs and Border Protection Service (ACBPS) by Austal as Prime Contractor under a design, build and in-service sustainment contract, valued at approximately $330 million. Under the contract, Austal is also using its in-house expertise to develop and integrate sophisticated electronic systems for command, control and communication. The launch ceremony marked the first time the boat has been lowered into the water.

Are shipowners prepared to enter SECA zones? Due to existing regulations on air exhaust emissions from the International Maritime Organization (IMO), and with the European Union working towards an alignment with IMO MARPOL Annex VI, the marine industry will need to choose a path on how to achieve compliance, a choice that will have tremendous impact on shipping. Legislation has already had an effect on the fuel markets in regulated areas, as fuel prices are expected to increase even further in 2015 when the 0.1% fuel sulfur limit enters into force.

CCP Composites, a Total company specialized in composite resins, and Polynt Group, a provider of intermediate polymers and composites, are planning to combine to create an integrated composite resins producer that will rank number one in Europe and number three globally. Reflecting its commitment to this alliance, Polynt Group has made a firm offer for CCP Composites. In light of the quality of the offer, it will be presented to the employee representatives concerned, as part of the required information and consultation procedures. Polynt Group, a leading international provider of chemical solutions, is deploying an ambitious growth strategy that is based on strengthening its positions in Europe and worldwide, through developing activities that are a strategic fit with its own.

Norway-based shipping company Fjord Line’s Stavangerfjord represents a new-generation of advanced and environmentally friendly Cruise Passenger Ferry with outstanding passenger facilities in order to operate both as a day and night ferry. The vessel is built to provide passengers with pleasant experiences, even under the harsh weather conditions of the North Sea. A modern and flexible interior design provides a capacity for 1,500 passengers (1,200 passenger during winter), and a total of 306 cabins on two decks provide first class accommodation and a variety of restaurants…

VOS Shine was christened by Mrs Gwen Klaphake, wife of Mr Rolf de Vries, Managing Director, Blue Stream Offshore B.V.. the first charterer of the vessel. The new vessel is a DP-2 Subsea Support Vessel, built at Fujian Southeast Shipyard, Fuzhou in China.

GFI Group Inc. has conducted the first matching* of dry freight forward freight agreements “FFAs” trades on its premier electronic platform EnergyMatch Europe. EnergyMatch Europe is GFI Group’s electronic trading platform for energy and commodities and the market leader for the trading of Dry Freight FFAs. The screen allows for trading in co-mingled markets (co-mingling is the ability to clear trades with different clearing houses) and provides customers with the choice of CCP (Central Counter Party Clearing House) for clearing.

Department of Homeland Security (DHS) Secretary Janet Napolitano announced the release of fiscal year 2010 grant application guidance kits for 13 DHS grant programs totaling more than $2.7b—funds for state, local, tribal and territorial governments and private sector entities to strengthen our nation’s ability to prevent, protect, respond to and recover from terrorist attacks, major disasters and other emergencies. “These grants play a major role in our efforts to work with our state, local, tribal and territorial and private sector partners to build a national culture of readiness and resilience,” said Secretary Napolitano. The grant program guidance kits announced also incorporate the input of DHS’ state…