State to Take Reins of Alaska LNG Project
Alaska Gasline Development Corp. President Keith Meyer says the Big 3 oil companies are cooperating with the state’s desire to take full ownership of the AK LNG Project. He laid out an ambitious list of “to-dos” the state needs to check off if it is going to lead the $55 billion Alaska LNG Project to fruition at a board of directors meeting. According to local media, ExxonMobil, BP and ConocoPhillips in recent months have signaled they may not all continue with the project amid the global slump in the price of oil and liquefied natural gas.
Shipbuilder Meyer Turku Wins Again
The global cruise market maintains its momentum with the announcement today that TUI Cruises is ordering another new cruise ship from Meyer Turku. TUI Cruises and Meyer Turku agreed to build a Mein Schiff 7 with delivery in 2023, which is based on the design of New Mein Schiff 1 & 2. The agreement is still subject to financing, which is now being worked on with the banks and Finnvera. "We are very thankful that TUI Cruises is entrusting us with building another ship to their fleet of modern and beautiful Mein Schiffs.
LNG America, Liquiline Partner for LNG Transport
LNG America and Liquiline announce an agreement to jointly develop commercial offerings for LNG marine fuel markets in the North American Pacific Northwest and the transport of LNG in ISO containers to remote markets in Hawaii and Alaska. Each party brings unique skills and experience to the joint initiative. Liquiline has pioneered the use of LNG ISO containers for LNG fuel markets in Northern Europe; LNG America is developing LNG distribution networks including America’s first Jones Act LNG bunker/shuttle vessels. Together, the joint effort will focus on the movement of LNG over long distance by ISO containers being moved by ship and the servicing of local markets by way of LNG bunker/shuttle vessels.
LNG America Selects ABS for LNG Bunker Barges
LNG America announces the selection of the American Bureau of Shipping (ABS) as the classification society for North America’s first LNG bunker barges, currently being designed by Jensen Maritime. ABS will assist LNG America in working with shipbuilders and regulators in developing these first-of-their-kind barges that meet or exceed all technical and regulatory requirements. “We are pleased to be working with ABS on this important domestic initiative. ABS has watched ship propulsion move from wind to coal, from coal to oil, and now from oil to natural gas.
LNG America Selects Topside Designer for LNG Bunker Barge
LNG America has selected Taylor-Wharton to commence the front-end engineering and design work for the cryogenic topside of the company’s 3,000 cubic meter Gemini Class LNG bunker barge scheduled for delivery at the end of 2015. “Taylor-Wharton has been actively engaged in the development process and instrumental in helping to develop the critical path time line for a late 2015 in-service date,” said Keith Meyer, CEO of LNG America. The LNG bunker vessels will provide a critical building block in the bridge between the natural gas industry and the global marine industry…
LNG America Taps Paitl for VP Marine Ops
LNG America welcomes Captain George “Joe” Paitl to position of VP Marine Operations and HSSE Compliance. Capt. Paitl is a retired US Coast Guard senior officer who most recently held the position of Commanding Officer and Captain of the Port, Marine Safety Unit Port Arthur, where he oversaw safety, security, law enforcement, and environmental regulatory compliance across a 39,000 square mile area spanning Southeast Texas and Southwest Louisiana; the Port Arthur unit includes the nation's busiest commercial military cargo port…
LNG America, Buffalo Marine to Design LNG Bunker Fuel Network
LNG America announced it has entered an agreement with Buffalo Marine Service, Inc. (Buffalo Marine) to cooperate on the design of an LNG bunker fuel network for the U. S. Gulf Coast region. LNG America is developing a hub-and-spoke delivery system for LNG as fuel for the marine market and other high horsepower applications. Ultimately, LNG America will establish delivery infrastructure for the delivery of LNG as fuel in major U.S. ports. Bunkering company Buffalo Marine presently has more than 50 vessels dedicated to bunkering in the Gulf of Mexico region.
Jensen to Design LNG Bunker Barges
Houston-based LNG fuel supply and distribution company LNG America LLC announced today that it has contracted Jensen Maritime, Crowley Maritime Corp.'s Seattle-based naval architecture and marine engineering company, to design the initial bunker/shuttle barge for its U.S. Gulf Coast operations. Currently no LNG bunkering barges are in operation in American waterways, and these vessels will be among the first to be developed and built, marking a significant step in LNG America’s build-out of LNG bunkering infrastructure along the U.S.
LNG America & Liquiline Join Hands in Marine Fuel Market
LNG America and Liquiline announce an agreement to jointly develop commercial offerings for LNG marine fuel markets in the North American Pacific Northwest and the transport of LNG in ISO containers to remote markets in Hawaii and Alaska. The parties to the agreement explain that each brings unique skills and experience to the joint initiative: Liquiline has pioneered the use of LNG ISO containers for LNG fuel markets in Northern Europe; LNG America is developing LNG distribution networks including America’s first Jones Act LNG bunker/shuttle vessels.
Houston Law Firm Joined by Eight Attorneys
The addition of all 8 attorneys from Bell, Ryniker & Letourneau strengthens Houston presence for largest U.S. maritime legal practice Blank Rome LLP. This group of attorneys and additional professional staff bring significant experience in maritime and energy law, in addition to the areas of insurance, transportation, government contracts and construction. Michael K. Bell, Keith B. Letourneau, and Douglas J. Shoemaker join as partners; Robert J. Ryniker, and James C. Arnold join as of counsels; and Mitchell R. Machann, Tracy Freeman, and David G. Meyer join as associates. “We are delighted to welcome Michael, Keith, Douglas and all of our new colleagues to our Houston office and to the Blank Rome team,” said Alan J. Hoffman, Co-Chairman and Managing Partner.
Meyer Acquires Turku Shipyard
The Meyer family, operating the shipbuilding company Meyer Werft in Germany, and the Finnish State acquired Turku shipyard from STX Europe in September 2014. Meyer Werft took up 70 percent of the shares, and the State of Finland purchased 30 percent of the share capital through the Finnish Industry Investment Ltd (FII). As usual for the FII´s investment policy, it exits from its investments. In the case of the Turku shipyard, it was agreed that Meyer had a call option to buy FII’s minority stake in the shipyard. Meyer has now decided to further invest in Turku shipyard using the call option.
Meyer family foundations secure ownership of Meyer shipyards
The Meyer family is building ships since 221 years. Ever since, the family company’s success relied on a long-term approach that aimed to develop the technology, advance the skill-set of employees, and reinvest profits. The basis for this success is a stable ownership structure. To ensure this stability also for the future, the family has decided to donate its shares into family foundations. The legal form of a German family foundation is a proven framework to ensure a long-term stable ownership in a single hand supporting the sustainable development of the shipyards in Turku…
Historic Cruise Ship Float Out in Finland
The Meyer Turku Oy yard in Turku, Finland, celebrated a historical day on October 10, 2014. Meyer Turku Oy, which officially changed ownership only three weeks earlier with the takeover by Papenburg, Germany cruise ship building power Meyer Werft, floated out the cruise ship Mein Schiff 4. Jan Meyer, the CEO of Meyer Turku Oy, and Wybcke Meier, the new CEO of TUI Cruises opened the valves to flood the dry dock. In May 2013, about 17 months ago, Turku shipyard celebrated the keel-laying of Mein Schiff 3 and start of production of Mein Schiff 4.
OceanWorks Names Business Development Manager
OceanWorks welcomes Keith La Rose to its team in the position of Business Development Manager – Military in Vancouver office. Acting as Business Development Manager for the military industry, Keith’s primary function will be to expand OceanWorks’ penetration of the military market by further raising awareness of the company’s proven custom engineering, standard products, and service capabilities. Throughout his extensive sales career, Keith has held various professional and sales management positions…
Celebrity Cruises Starts on Solstice
Celebrity Cruises has taken its first step toward physically launching Celebrity Solstice in Fall 2008. The line's President Dan Hanrahan ceremoniously pressed the start button for the plasma cutter at shipbuilder Meyer Werft in Papenburg, Germany, creating the ship's first steel plate. Accompanying Hanrahan were Celebrity's Executive Vice President Maritime & Newbuilding Harri Kulovaara, Celebrity Solstice Project Manager Jarmo Laakso, and Meyer Werft's Managing Director Bernard Meyer, Lambert Kruse and Project Manager Uwe Wulf.
Meyer Werft Buys Finland out of Turku Shipyard
Germany's family-owned Meyer Werft shipyard is buying the Finnish state out of Turku shipyard in southwestern Finland, the government said on Wednesday. Meyer Werft and the government last year bought the troubled shipyard from Korean trade and ship corporation STX, with the change of ownership helping the yard to win several orders. The price Meyer Werft is paying Finland for the 30 percent stake it does not already own was not disclosed. Reporting By Jussi Rosendahl
Meyer Turku Building another Ship for TUI Cruises
Meyer Turku Oy celebrated the start of production of cruise ship Mein Schiff 5 on November 18, 2014, as the cutting machine was started by Mike Schwanke, Marketing Director of TUI Cruises at a ceremony witnessed by members of Meyer Turku, TUI Cruises and DNV GL. Mein Schiff 5 is the third Mein Schiff class cruise ship being built at Turku Shipyard. For the customer, TUI Cruises, this ship will be the fifth member of their well-being fleet. Mein Schiff 3 was delivered from Turku in May 2014 and Mein Schiff 4…
Tallink, Meyer Turku Ink LOI for New LNG Fast Ferry
The trend toward the procurement of high-spec, environmentally friendly vessels continues with news that AS Tallink Grupp and Meyer Turku Oy signed a Letter of Intent (LOI) for the construction of an environmentally friendly car-passenger ferry for Tallinn-Helsinki route shuttle operations. The ship will cost around $286 million and will be built at Turku shipyard for delivery in the beginning of 2017. The new ferry will be about 212 m long with a gross tonnage of 49 000. The ship will operate on the route between Helsinki and Tallinn and she is planned to carry 2800 passengers.
Meyer Werft Begins LNG Cruise Ship Build for AIDA
German shipbuilder Meyer Werft has laid the keel for AIDAnova, set to become the first cruise ship worldwide that will operate both at sea and in port fueled with liquefied natural gas (LNG). With AIDAnova’s first building block lowered into place on September 6, 2017, Carnival Corporation & plc officially marked the start of construction of seven fully LNG powered cruise ships due to be commissioned between 2018 and 2022 for four of its 10 cruise ship brands. The seven vessels for Carnival Cruise Lines…
Meyer Turku Builds Big
Maritime Reporter & Engineering News recently visited Finnish shipbuilding giant Meyer Turku, whose sights are set on building bigger. It is safe to say that when shipbuilding commenced in the town of Turku, Finland in 1737, the company building wooden boats at the time could not have envisioned the enormous vessels that would eventually be built by the site’s current occupant, Meyer Turku. The Meyer family, operator of the German shipbuilding company Meyer Werft, took over the…
Meyer Turku Reports Larger 2016 Profit
Shipbuilder Meyer Turku reported a net profit of 25 million euros ($27.4 million), or 3.2 percent of revenue, in 2016, rising from 15 million euros ($16.5 million) in 2015. The Finish shipyard, which specializes in cruise ship and large passenger vessels, said it has seen been on a “good and economically sustainable path” since the Meyer family took ownership in 2014. Revenues rose 33 percent last year from 594 million euros ($651.5 million) in 2015 to 792 million euros ($868.7 million) in 2016.
Keith Kirby, Director of Hurricane Energy Resigns
Hurricane Energy plc announced the resignation of Keith Kirby as a director of the Company. In light of this, resolution 3 relating to the re-election of Keith Kirby has been withdrawn from consideration at the Annual General Meeting that was held on 23 June 2014. Mr Kirby departed Hurricane on 22 June 2014 to pursue other interests. Dr Robert Trice, CEO, commented: "Keith has made an outstanding contribution to the Company and in particular his leadership of certain corporate activity, not least throughout the recent IPO process, has been not only effective but widely respected.
Carnival Orders Two Ships from Meyer Turku
Carnival Corporation & plc, Meyer Werft and Meyer Turku today announced a multi-billion Euro contract for four 180,000 gross ton large next-generation cruise ships. The ships will feature a revolutionary “green cruising” design and will be the first-ever cruise ships powered at sea by Liquefied Natural Gas (LNG). Two of the ships will be built for AIDA Cruises at Meyer Werft in Papenburg, Germany and two further ships will be built at Meyer Turku, Finland. With these orders, Meyer…