AET Wins $245Mln Charter Deal with Shell
Petroleum and chemical tanker owner AET Tanker Holdings has been awarded three long-term time charter contracts by Brazil Shipping I Limited, a Shell group entity.The subsidiary of Malaysia’s maritime solutions and services provider MISC Berhad said in a press release that Under the terms of the deal it will own and operate the related newbuilding Suezmax Class Dynamic Positioning (DP) shuttle tankers for operations in international and Brazilian waters.The estimated contract…
Team Tankers Sells Two Ships
Bermuda-based global shipping company Team Tankers International finalized the sale of the last two of its five older medium range (MR) tankers.Team Tankers has managed to free up a funds for new investments after divesting MR tankers, said CEO Hans Feringa.Feringa said: “We finalized the sale of the last two of our five older MRs at attractive levels, concentrating our efforts on our younger, more sophisticated, deep sea assets. With the sale of the older MRs and certain intermediate ships…
AET Tankers Conduct Maiden LNG Bunkering
First dual-fuel sister Aframaxes owned by AET, a unit of the Malaysian shipping giant MISC, have completed their maiden ship-to-ship (STS) LNG bunkering.The petroleum and chemical tanker owner announced in a press release that Eagle Brasilia and Eagle Bintulu have successfully completed their STS LNG bunkering at the Port of Rotterdam (POR).The latest in AET’s eco-friendly innovation towards a sustainable industry solution that meets IMO’s 2050 goal, this is their first call to…
New Chemical Tankers Guidance from ABS
ABS released new guidance and software to assist chemical tanker owners, operators and shipyards: the ABS Guide for Materials and Welding for Stainless Steels and ABS CHEM software.The ABS Guide for Materials and Welding for Stainless Steels provides minimum requirements for properties, manufacturing processes and fabrication techniques applicable to common types of stainless steels used in the marine and offshore industries. This new guidance is particularly relevant to construction…
AET Names its First LNG-Fueled Aframax Pair
Petroleum and chemical tanker owner and operator AET Tankers has named and welcomed its first LNG dual-fuelled aframax vessels, Eagle Brasilia and Eagle Bintulu.According to a press release of the Singapore-based company, the ceremony for the vessels was held at the Samsung Heavy Industry Co Ltd’s (SHI) shipyard in Geoje, South Korea. Both vessels have been taken on long-term charterby Shell International Trading and Shipping Company Limited (Shell), primarily for operations in the Atlantic Basin…
ABB to Equip AET's New Shuttle Tankers
ABB said it has won an order from Korean shipbuilder Samsung Heavy Industries to equip two new 125,000 DWT shuttle tankers contracted to the world's largest offshore operator Statoil ASA. Ordered by petroleum and chemical tanker owner and operator AET and scheduled for delivery in 2019, the vessels will transport oil from the Statoil fields on the Norwegian and U.K. continental shelves to land-based terminals. The two twin-skeg specialist DP2 offshore loading shuttle tankers will feature a range of ABB’s power and automation solutions, including the power distribution system Onboard DC Grid.
Sinochem Implements DNV GL's ShipManager to 80 Vessels
China’s Sinochem International Logistics, a leading chemical tanker owner and operator with 80 vessels, is implementing DNV GL’s data smart fleet management system ShipManager on the entire fleet, optimizing operations and improving performance and efficiency. The contract was signed in April at the opening of DNV GL’s newbuilt near-zero-emission Green Office Centre in Shanghai, with the Norwegian Prime Minister Erna Solberg in attendance, in addition to two of her cabinet members.
Noonan Named CMA's 2017 'Commodore'
This morning CMA announced that Mr. John D. “Jack” Noonan, CEO of Chembulk Tankers, has been named as the CMA Commodore for the year 2017. Noonan joins a presigious list of previous award winners, including Ole Skaarup, Jacob Stolt-Nielsen, George Livanos, Phil Loree, Thomas Moran, Gregory Hadjieleftheriadis, Helmut Sohmen, Gerhard Kurz, William O’Neil, Richard du Moulin, Per Heidenreich, Marc Saverys, Frank Tsao, Stelios Haji-Ioannou, Peter Georgiopoulos, C. Sean Day, Torben Jensen, Morten Arntzen, John Fredriksen, Capt.
Otto Marine’s Two Australian Units May Wind-up
Otto Marine Ltd. said three creditors filed three such applications with the Supreme Court of Western Australia to wind up its subsidiaries in Australia - Go Inshore Pty and Go Marine Group Pty, says a report in Bloomberg. Creditors are claiming A$787,204 (S$814,580) from the offshore marine group. The total sum claimed against the subsidiaries pursuant to the applications is in the approximate quantum of A$787,204, the company said. The management of Go Marine Group is seeking legal advice and plans to dispute the debts. The cases will be heard on Nov.
Carbon War Room Launches Shipping Efficiency Advisory Board
Six leaders and influencers from across the shipping industry will join global NGO Carbon War Room’s (CWR’s) Shipping Operation Advisory Board. Their backgrounds span the shipowning, chartering, technical analysis, finance, and academic worlds. The board will lend extensive industry insight and support CWR’s mission to profitably decarbonise the international shipping industry. Galen Hon, Manager, Shipping Operation, Carbon War Room, commented: "Following UNFCCC in Paris, the industry has an obligation to find new and innovative ways to reduce carbon while remaining competitive. With expertise spanning finance, ship operation, classification, data analysis, technology, and software, these individuals are perfectly positioned to identify and evaluate opportunities for innovation and growth.
CWR Launches Shipping Efficiency Advisory Board
Six leaders and influencers from across the shipping industry will join global NGO Carbon War Room’s (CWR’s) Shipping Operation Advisory Board. Their backgrounds span the shipowning, chartering, technical analysis, finance, and academic worlds. The board will lend extensive industry insight and support CWR’s mission to profitably decarbonise the international shipping industry. Galen Hon, Manager, Shipping Operation, Carbon War Room, commented: "We are thrilled to have gathered a group with so much knowledge and experience in shipping.
BAE Systems joined with Mid Ocean Tanker Company (MOTC), Mid Ocean Marine and Alterna Captial Partners earlier this year to commission the American Phoenix, a U.S. Flag/Jones Act-qualified product-chemical tanker. Measuring 616 x 105 ft. with a laden draft of 36 ft. and a cargo capacity of 49,000 dwt, American Phoenix is the largest vessel ever built and launched in the State of Alabama. BAE Systems was contracted to complete construction of the American Phoenix and prepare it for use. The vessel is owned by MOTC, a joint venture between Mid Ocean Marine and private equity firm Alterna Capital Partners. The vessel will conduct trade initially in the Gulf of Mexico.
SUNY Maritime College Admiral’s Scholarship Dinner
State University of New York (SUNY) Maritime College’s annual Admiral’s Scholarship Dinner will be held on Tuesday, May 3, 2011, on the College’s Throgs Neck, Bronx, New York campus. The event will begin at 6:00 pm with a cocktail hour, followed by the awards dinner at 7 pm in Vander Clute Hall. During the Admiral’s Scholarship Dinner, SUNY Maritime College will salute two Maritime graduates, Mark Barker, president, The Interlake Steamship Company, Cleveland, Ohio as well asThomas Merrell, president, General Dynamics, American Overseas Marine (AMSEA), in Quincy, Mass. The chemical tanker owner, BLT Chembulk Group headquartered in Southport, Conn., will also be honored that evening.