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Wednesday, April 25, 2018

F Three News

Three rescued near Blount Island

A Coast Guard Station Mayport boatcrew and good Samaritans rescue three people from the water April 23, 2018, after their vessel capsized near Blount Island in Jacksonville, Florida.(U.S. Coast Guard photo courtesy of Coast Guard Station Mayport)

The U.S. Coast Guard and good Samaritans came to the rescue of three people Monday after their vessel capsized near Blount Island. Coast Guard watchstanders in Jacksonville were notified via VHF-FM marine band radio channel 16 at 6:03 p.m. by a good Samaritan aboard the motor vessel Grand Mercury reporting three people in the water and a capsized 15-foot boat. A Coast Guard Station Mayport 29-foot Response Boat – Small boatcrew launched, arrived on scene at 6:25 p.m. and rescued one person from the water while the crew of the tugboat Sewells Point rescued two others.

BMW Car Engine to Become a Marine Outboard

(Photo: Cimco Marine)

BMW’s twin turbo, three-liter diesel engine may soon be taking to the water.A pilot study looking for ways to convert the popular car engine for marine use is being carried out by product development specialist Semcon in cooperation with engine manufacturer Cimco Marine.Together, the firms seek to modify and adapt BMW’s three-liter turbo diesel engine for professional marine use, producing the world’s first three-liter diesel outboard engine with an output in excess of 200 horsepower.As part of the project’s next phase…

Dry Bulk: Capesize Rally Continues

© Eugene Sergeev / Adobe Stock

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, hit an over three-month high on Friday as a rally in the capesize vessel segment helped the index record its best week since August 2014.The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, was up 80 points, or 6.7 percent, at 1,281 points, the highest level since Jan. 11.The index was up for the 10th straight day, and surged 26.3 percent this week.The capesize index rose for the 11th straight session…

Shipbuilding: StealthGas Adds LPG Vessel

Image: StealthGas Inc.

StealthGas announced the delivery of its last newbuilding LPG vessel and the completion of its newbuilding program. The vessel delivered yesterday (April 17, 2018) is a 22,000 cbm ice class semi refrigerated hybrid scrubber fitted eco LPG carrier, the Eco Freeze, the fourth and last 22,000 cbm semi refrigerated eco LPG newbuild. This acquisition concludes the Company’s expansion phase which commenced in 2011 and totaled the acquisition of 26 newbuilding LPG vessels. Twenty ships were delivered from Japanese yards and six from South Korean yards. StealthGas Inc.

Thorco Bulk Renamed

(Photo: Trithorn Bulk)

Danish dry bulk carrier Thorco Bulk announced today it has been renamed Trithorn Bulk with immediate effect. “This is a natural development for our company. We wish to further strengthen our corporate identity and position in the market by taking a name that truly expresses what the three of us, the trio from North of Denmark, has built together with Thornico,” Trithorn Bulk management explained on the company’s website. The name change includes no changes to the legal entity or to the ownership, status management and personnel.

Damen Delivers Third Shoalbuster to Kazmortransflot

Damen Shoalbusters 2709 TALAS and EMBA (Photo Tijmen Kielen / Damen Shipyards Damen)

National Maritime Shipping Company Kazmortransflot LLP has taken delivery of its third Damen Shoalbuster 2709, the last in the current order.The vessels are ideal for operations in the shallow waters of the Caspian Sea and are now playing a role in the development of oil fields in the Kazakh section of the inland sea and significantly expanding the range of services that Kazmortransflot can offer its clients. The contracts for the three Shoalbusters 2709 were signed in July 2017 between Damen, NMSC Kazmortransflot LLP and Al Hilal Islamic Bank, which arranged the Sharia compliant financing.

Crowley Acquires Three SeaRiver Tankers

California (Photo: Crowley)

Crowley Alaska Tankers, LLC, has completed its acquisition of three tankers from SeaRiver Maritime Inc. and is now chartering the vessels back to SeaRiver under varying multi-year terms.The tankers Liberty Bay and Eagle Bay, now under Crowley ownership and operation and renamed Washington and California respectively, each have a capacity of 760,000 barrels and transport crude from Alaska to West Coast refineries. The tanker SR American Progress, renamed Oregon, has a capacity of 342,000 barrels and transports refined petroleum between the U.S.

China-bound US Sorghum Diverted to Saudi Arabia, Japan

© Eldad Carin / Adobe Stock

Four U.S. sorghum shipments initially bound for China have been diverted to other countries after Beijing's move last week to impose hefty anti-dumping deposits on imports of the grain from the United States, according to trade sources and Reuters shipping data.Three of the cargoes are now sailing for Saudi Arabia after being sold to a private buyer, a U.S. trader and a Middle East-based trading source with knowledge of the matter said Tuesday. A fourth ship is heading to Japan…

Intellian Opens in China

The office of Intellian's Chinese corporation subsidiary in Shanghai (Photo: Intellian)

Intellian, a provider of satellite communication antenna systems, announced that it has established a Chinese corporation subsidiary in Shanghai and officially started operations there to better meet local customer demand. Intellian provides products and technical support to partner companies on every continent of the world through its 10 subsidiaries based in the U.S., U.K., Netherlands, Singapore and other regions. And now it has launched an additional full-scale operating subsidiary in Shanghai…

Panama Canal LNG Volume Soars as Global Demand Grows

On April 17, the Panama Canal transited three LNG vessels – Clean Ocean, Gaslog Gibraltar and Gaslog Hong Kong – in one day, marking a first for the waterway. (Photo: Panama Canal Authority)

The Panama Canal may carry five times as much liquefied natural gas (LNG) in 2020 as it did last year as production of the fuel expands in the United States and Asian import demand rises, the head of the canal's governing agency told Reuters.LNG volumes traversing the Canal could hit 30 million tonnes a year before the end of 2020, said Jorge Quijano, who leads the Panama Canal Authority, up from 6 million tonnes last year.Demand for LNG has risen significantly in the last three years as the increase of supply…

Baltic Index at 15-week High on Firming Capesize Rates

File Image (CREDIT: AdobeStock / © Lacasz Z)

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, firmed on Tuesday as rates for capesize vessels rose for a twelfth straight session. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, was up 24 points, or 1.8 percent, at 1,330 points. The index hit its highest since Jan. 10. The capesize index gained 121 points, or 6 percent, at 2,130 points. The index rose for a twelfth straight session to touch an over 14-week high.

BP, Reliance Move Ahead in Deep Water

Photo courtesy BP

BP and Reliance Industries Limited (RIL) today announced the sanctioning of the ‘Satellite cluster’ project in Block KG D6. The companies are moving forward to develop the Block’s discovered deep-water gas fields in an integrated series of projects, bringing new gas production for India. The ‘Satellite cluster’ is the second of three projects in the Block KG D6 integrated development. The first of the projects, development of the ‘R-Series’ deep-water gas fields, was sanctioned in June 2017.

Maersk Honam in Jebel Ali Port

Maersk Honam. Photo:  © Yang Ngai, Marinetraffic.com

The Maersk liner vessel Maersk Honam, which was hit by a serious fire on 6 March, will reach anchorage outside the Jebel Ali Port (UAE) on Tuesday 24 April 2018. The fire broke out around 900 nautical miles southeast of Salalah, Oman, and remains under control. Firefighting activities were initiated by the Indian Coast Guard until vessels with special firefighting capabilities arrived at the scene. Salvage operations are led by Smit Salvage and Ardent – two best-in-class companies within maritime salvage.

Grindrod Sells Off Bunker Division

(Photo: Grindrod)

South African ship owner Grindrod has sold its bunker division, Unicorn Bunker Services (Pty) Ltd., for an undisclosed sum to new co-owners WOESA (Women in Oil and Energy South Africa) and Linsen Nambi.Financed through the Industrial Development Corporation (IDC), the deal creates the nations first 100 percent black ship owners and facilitates the participation of black women and black youth in the maritime sector.Unicorn Bunker Services was established in 2006 a division of Grindrod Freight Services and operates three bunker tankers in the ports of Durban and Cape Town under contract to BP…

Interview: Bourbon CEO Gael Bodénès

Bourbon Corporation CEO Gael Bodénès (Photo: Bourbon)

Bourbon Corporation CEO Gael Bodénès & his team plot a bold new course for this offshore industry stalwart.Your career with Bourbon has traversed many industry fluctuations. Looking back to when you joined the company, how is Bourbon today most the same, and most different?Bourbon has transformed from a small regional company to a world recognized leader in offshore marine services. It has seen its teams grow from a 3,000 to more than 8,000 employees of 88 nationalities, the fleet has grown to more than 500 units…

IACS Chairman Unveils Future Vision

Knut Ørbeck-Nilssen’s commitment to quality, modernisation and transparency widely reflected in IACS work and future vision. Photo: DNV GL

Quality, modernisation and transparency have been the three fundamental themes of the International Association of Classification Societies (IACS) during DNV GL’s Chairmanship, and this approach is widely reflected in IACS’ 2017 Annual Review which was presented in London today by IACS Chairman Knut Ørbeck-Nilssen. Looking back at IACS’ development and successes over the past year, Mr Ørbeck-Nilssen said that during these dynamic times, both IACS and its twelve Member societies need to act as a guide for the shipping industry, identifying the path for others to follow.

LPG, Fuel Tankers Collide off Singapore

© Kero / MarineTraffic.com

Two oil products tankers had collided off Singapore coast but the impact of the accident was not immediately clear, industry sources familiar with the matter said on Tuesday. The tankers were identified as Crystal Sunrise, chartered by Japanese liquefied petroleum gas (LPG) firm Gyxis, and Astro Saturn chartered by European trading house Trafigura. "We can confirm that the Astro Saturn is on TC (time charter) to Trafigura and is carrying fuel oil," said it's spokeswoman without elaborating further.

World's Largest Short Sea Ro-Ro Vessel Named in Dublin

MV Celine. Photo: Dublin Port Company

MV Celine, the world’s largest short sea Ro-Ro ship, will today be christened in a ceremony at Dublin Port with guest of honour, An Taoiseach, Leo Varadkar TD, Godmother to the new ship, Geraldine O’Reilly, and the port’s chaplains. The formal ceremony is a long-held tradition intended to bring good fortune to the ship and involves breaking a champagne bottle against the hull as the ship is christened. To mark today’s occasion, new Irish music commissioned by Dublin Port and performed by John Sheahan of the Dubliners and Colm Mac Con Iomaire of the Frames will premiere at the ceremony…

Rolls-Royce's Autocrossing System for 13 New Ferries

Photo: Rolls-Royce

Rolls-Royce Marine has signed a deal to supply its Autocrossing system to a total of 13 new environmentally friendly ferries for the Norwegian company Fjord1. The vessels are currently being built by three yards in Turkey and two yards in Norway. All contracts also include two azipull propellers for each vessel with accompanying propeller control system from Rolls-Royce. With this contract, Rolls-Royce has sold autocrossing to a  total of 18 new ferries to operate along the coast of Norway, of which 16 have been ordered by Fjord1 and two by another Norwegian ferry company, FosenNamsos Sjø.

Busan Port Endeavors to Attract Shipping Alliances

Image: Busan Port Authority (BPA)

Busan Port Authority carried out marketing activities to attract T/S cargo from three global major shipping alliances through visiting their Asian Pacific regional headquarters. The three global alliances, 2M(Maersk, MSC), OCEAN (CMA·CGM, COSCO, Evergreen, OOCL), THE(Hapag-Loyd, Yang-Ming, ONE), calling at Busan Port account for 80percent of global cargo volume. Busan Port handled 71 percent(7.28 million TEU) of their T/S cargo and it played a significant role in achieving 20 million TEU.

Bahri Adds New VLCC Khurais

Photo: Bahri

National Shipping Company of Saudi Arabia (Bahri) has taken delivery of Khurais, a very large crude carrier (VLCC), from Korean Hyundai Samho Heavy Industries (HSHI). Industry leader adds fourth VLCC this year, bringing its total number of vessels to 92,further enhancing its market-leading capabilities in crude oil transportation. The new addition is the fourth of five VLCCs to be received this year from South Korea-based Hyundai Samho Heavy Industries (HSHI), the world’s largest shipbuilding company.

TGS Awards Seismic Survey Contract to Shearwater GeoServices

Image:  Shearwater GeoServices

Shearwater GeoServices, jointly owned by GC Rieber Shipping ASA and Rasmussengruppen AS, has been awarded a new contract by geophysical company TGS. The project is expected to take approximately three months and is scheduled to be completed by the end of September, 2018. For the second consecutive year Shearwater has been awarded a contract for a seismic survey on the Atlantic Margin in the Norwegian Sea. The 2018 survey will cover 5,135 km2 and will be performed by one of Shearwater's high-end 3D vessels.

SAAM to Invest $85 Mln in Fleet and Infrastructure

Photo: SAAM

Chilean maritime services and logistics company SAAM announced its plans to invest some $85 million to reinforce its tug fleet and maintain port equipment and infrastructure. "In 2018, we expect to invest close to $85 million, which will be used to maintain our port equipment and infrastructure and reinforce our tug fleet. This could also include inorganic growth opportunities that we are constantly evaluating,” commented SAAM’s chairman, Óscar Hasbún. After concluding a high investment cycle last year, the company’s investments this year will focus on ports and its tug fleet.

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