Blount Boats Joins Green Marine
US-based commercial boat builders Blount Boats & Shipyard has become the eighth shipbuilder to join Green Marine, a voluntary environmental certification program for North America’s maritime industry.“We’re already committed to delivering vessels that exceed our clients’ expectations and now wish to go beyond compliance in our work in terms of the environment as well,” said Marcia Blount, the company’s president.“The Green Marine framework is tailor made for the marine industry and scalable to our size of operations.
Vado Gateway Container Terminal Opened
The international container terminal operating company APM Terminals (APMT) said it has opened a new container terminal in Vado Ligure, on the Italian Riviera, which will be capable of handling 900,000 TEUs of containerized cargo.APMT has a 50.1% share in the “Vado Gateway,” while Cosco Shipping Ports has a 40% share and Qingdao Port International has a 9.9% share. APMT said the project is part of the “New Silk Road.” Chinese firms have invested in more than a dozen European ports…
Ocean LNG Leads in Contracted Capacity
Ocean LNG has dominated in terms of long-term liquefied natural gas (LNG) import volumes for contracts signed by key purchasing companies for the year 2019, with almost 47% of the global contracted capacity.According to a report by GlobalData, Ocean LNG signed the biggest long-term LNG contract for 2019 with Golden Pass Products. According to the contract, Golden Pass Products will supply Ocean LNG with 15.6 million tonnes per annum (mtpa) of LNG for a period of 20 years, from 2024 to 2044.The gas will be supplied from the Golden Pass II LNG liquefaction terminal in Texas…
WiseTech Global Acquires Ready Korea
Global logistics software group, WiseTech Global has announced the acquisition of Ready Korea, a customs, bonded warehouse and trade compliance solutions provider in South Korea.Headquartered in Seoul, Ready Korea offers a cross-border compliance solution, which facilitates the lodgement of electronic transactions to the Korean Customs Service, including customs brokerage and refunds and Free Trade Agreement verification, along with bonded warehouse management.Ready Korea also…
Port of Baltimore's White to Resign
James J. White, Executive Director, Port of Baltimore, announced his resignation effective December 31, 2019.White led operations for 18 years as the Port of Baltimore improved its national rankings, upgraded security procedures and completed infrastructure projects that made it one of the few ports in America capable of receiving the largest ships in the world.Under Executive Director White, the Port of Baltimore leads the nation in handling autos and light trucks, roll on/roll off heavy farm and construction machinery, as well as imported sugar and gypsum.
ZF Unveils Condition Monitoring for Thruster Systems
Marine propulsion systems company ZF has introduced an intelligent Condition Monitoring System for thrusters. The technology monitors the status of the thruster system and helps shipyards, shipping companies and fleet operators maintain the safety and efficiency of their ships as well as extend the service life of the propulsion system. In addition to that, a new oil cleaning system ensures oil quality and prolongs oil service life.ZF’s Condition Monitoring System is equipped with various sensors and an intelligent electronic evaluation unit.
Interview: Ed Grimm, CEO, Southern Towing Company
“In God we trust. All others must have data.”When Ed Grimm took the helm of Southern Towing Company (STC)as President and CEO, he inherited an enviable team of leaders, engineers, mentors, communicators and analysts. Today STC is a clear leader on the inland waterways, pioneering and proving the business and safety value of Z-Drives on the river towboats.How did you come to the top spot at Southern Towing Company?I started in the energy industry at 16 working at an oil storage depot in New York Harbor, working there through high school and putting myself through college.
Nexans, Eversource, Ørsted Ink US OWF Deal
French cables manufacturer Nexans has signed a framework agreement with Denmark’s global offshore wind giant Ørsted A/S and New England utility Eversource Energy to take part in the offshore wind farm development in North America.According to the provider of cabling and connectivity solutions, the agreement will reinforce their long-term partnership and will result in Nexans having the opportunity to provide up to 1,000 km of subsea high voltage export cables for Ørsted’s offshore wind farms in North America.The first delivery is expected by 2022 and the agreement extends until 2027…
Ørsted Restructures Offshore Biz
The offshore wind giant Ørsted has introduced a new operating model for the Offshore business, to support the execution of its project pipeline and future growth."The global market opportunities in renewables continue to expand and present significant opportunities for growth. In 2019, Ørsted expanded into Taiwan and the US with the award of significant projects," the largest energy company in Denmark said.The new operating model creates a more scalable organisation for Ørsted’s…
EIA, IEA Grossly Overestimating US Shale: ESAI
ESAI Energy, an oil & energy data provider, believes both the US Energy Information Administration (EIA) and the International Energy Agency (IEA) are overly optimistic in their November projections of US crude oil production in 2020, according to the company’s latest North America Watch.ESAI Energy sees a deceleration in growth to about 650,000 b/d next year, in contrast to the EIA and IEA forecasts of 1.0 million b/d and 900,000 b/d, respectively.ESAI points to declining capital expenditures by many shale producers in response to investor pressure to spend within cash flow…
Harry DeWolf's Sea Trials Underway
Halifax Shipyard has commenced initial builder’s sea trials for Canada’s lead Arctic and Offshore Patrol Ship (AOPS), the future HMCS Harry DeWolf.The lead AOPS departed Halifax Shipyard at 0945 and, using its diesel-electric engines, moved to the Bedford Basin to start initial builder’s sea trails associated with anchor handling, the integrated bridge and navigation system (IBNS), fin stabilizers, Multi-Role Rescue Boat (MRRB) launch and recovery, and communication systems.Initial…
Chart Joins SEA\LNG
The global manufacturer of equipment Chart Industries has joined SEA\LNG, the multi-sector industry coalition accelerating the widespread adoption of liquefied natural gas (LNG).Peter Keller, SEA\LNG chairman, commented: “We are thrilled to welcome another member from North America. Chart is a highly respected equipment and solution provider working across the LNG value chain and we look forward to working together with a company that is at the heart of the energy revolution.”Chart is a key equipment and systems provider to applications that utilize clean burning…
US Signs Highest LNG Export Contract
US signed highest volume of global long-term liquefied natural gas (LNG) export contracts in 2019, accounting for around a 67% of global share. Abundant shale gas production in the US has enabled the country to export natural gas as LNG. to global markets. According to GlobalData, the US has signed five long-term contracts in 2019 for the export of 22.3 million tonnes per annum (mtpa) of LNG. Of these, the contract signed between Golden Pass Products and Ocean LNG Limited had…
Damen Road Ferry Launched in Romania
The Amherst Islander II, a Damen Road Ferry 6819 E3, was launched on November 14 at Damen Shipyards Galati in Romania.Amherst Islander II is part of a two vessel order that Damen will deliver to the Ministry of Transportation Ontario. The E3 ferries will be among the first passenger/car ferries in North America with the ability to operate fully electric and promise to reduce the amount of emissions by the equivalent of 7 million kg of carbon dioxide each year.With an overall length of close to 72 meters and a loading capacity of up to 42 cars, the Amherst Islander II is the smaller of the two.
MAN Launches 800 hp Light-Duty Workboat Engine
The MAN D2676 LE426 will be available in the USA, Canada, and Mexico. It fulfils the latest US EPA Tier 3 Commercial standard and comes with keel cooling.MAN Engines is expanding its range of engines for light-duty workboats in North America by introducing an 800 hp (588 kW) inline-six engine. The D2676 LE426 will be available from the second quarter of 2020. It satisfies the EPA Commercial emissions standards and offers 70 hp greater output than the well-established, 730 hp D2676 model.
Lineage Logistics Acquires Emergent Cold
Lineage Logistics Holdings, the world’s largest provider of temperature-controlled logistics solutions, announced it has signed definitive agreements to acquire Emergent Cold, the global cold chain services provider.This acquisition strengthens the Company’s leading port presence in the United States and signifies its entry into the Australian, New Zealand, and Sri Lankan temperature-controlled logistics markets, building on Lineage’s existing presence in the Asia-Pacific region.
Oil Majors to Raise $27Bln in Selling Spree
Global giants of the oil and gas industry – the so-called supermajors – are looking to sell assets that could fetch a total of $27.5 billion, according to Rystad Energy’s latest assessment.These companies are actively shedding mature assets on a massive scale in a bid to finance higher-yielding investments elsewhere, with the added benefit of pleasing shareholders who are calling for stricter capital discipline.“The expected transactions mean some of the majors are poised to exit certain regions…
APAC to Fuel Global Wind Power
Global wind power market size increased from $71.6bn in 2010 to $96.4bn in 2018. During the 2019–2030 forecast period, significant capacity additions in the Asia-Pacific (APAC) region are expected to drive that market, increasing the market size to $124.6bn by 2030.A report from GlobalData revealed that China is the global leader in terms of both capacity additions and in terms of cumulative wind capacity in 2018. The report also finds that offshore wind power will gain popularity and increase its share of total capacity during 2019–2030.Harshavardhan Reddy Nagatham…
USCG PSC Equals meaningful Polar Presence
The Coast Guard needs a ship that can do more than just break ice; it needs a multi-mission ship to provide for the nation’s security, asserting its sovereign rights, and protecting its long-term economic interests. That ship is the Polar Security Cutter.Since Russia cashed the check in 1867 for the purchase of Alaska the U.S. has been an Arctic nation. Today, it is one of eight countries that have territorial land or seas above the Arctic Circle or in the polar region (six of those countries have Arctic Ocean coastline or an exclusive economic zone above the Arctic Circle). The U.S.
Canada’s 2nd Arctic Offshore Patrol Ship Launched
The Royal Canadian Navy’s second Arctic and Offshore Patrol Ship (AOPS), the future HMCS Margaret Brooke, was launched yesterday, Nov. 10, 2019, at Halifax Shipyard.The launch of the second of six AOPS for the Royal Canadian Navy, marks a significant milestone for Canada’s National Shipbuilding Strategy (NSS) and the revitalization of the Royal Canadian Navy’s combatant fleet.The 103-metre future HMCS Margaret Brooke transitioned from Halifax Shipyard’s land level facility to a submersible barge on Nov.
GE Haliade-X 12MW Blade Arrives in US
The blade for GE’s Haliade-X 12MW offshore wind turbine has arrived at MassCEC’s Wind Technology Testing Center (WTTC) in Boston, U.S.The 107-meter blade will undergo a series of fatigue tests that involve moving it millions of times over the period of a few months to validate that it can withstand more than 25 years of operation at sea. The testing is part of the process of commercializing GE’s Haliade-X 12 MW turbine -- the most powerful in the industry -- by 2021, strengthening the company’s ability to compete in a market steadily gaining momentum in the U.S.
Maritime History & the Panama Canal
The Panama Canal is a strategic crossroads for maritime traffic, and is arguably one of the most important maritime developments in the past century. Here we take a deeper dive into the history behind that famous strip of waterway.The present canal, which saw its first vessel transits in 1914, along with possible alternatives through Nicaragua and Mexico, had actually been on the minds of merchants, explorers and military/political strategists since the Age of Exploration in early 1500’s.
Offshore Wind: a Freshening Breeze?
July brought news about offshore wind. There was something for everyone: optimism, disappointment, and construction, too.Finally, starting with Dominion Energy’s Coastal Virginia Offshore Wind Project, a joint venture with Danish wind developer Orsted is underway. True, this is a small project – just two wind turbines to be installed 27 miles east of Virginia Beach. But considering all the preceding hurdles, news about Dominion blew in as proverbial, hopeful fresh air. Surely…